WIC EBT Feasibility Study and Cost‐Benefit Analysis

Inflation: 2013
FIVE‐YEAR OPERATION PERIOD
Inflation: 2014 Inflation: 2015
115.9% Year 3 119.4% Year 4 123.0% Year 5
Alternative Current Alt 1 Alt 2 Alt 3 Current Alt 1 Alt 2 Alt 3 Current Alt 1 Alt 2 Alt 3
Paper OutS, On‐L In‐H, On‐L In‐H, Off‐L Paper OutS, On‐L In‐H, On‐L In‐H, Off‐L Paper OutS, On‐L In‐H, On‐L In‐H, Off‐L
Labor Costs 1,514,593 325,837 444,847 486,586 1,560,031 335,612 458,193 501,184 1,606,832 345,681 471,938 516,219
State Level Labor 198,976 161,505 280,515 280,515 204,946 166,350 288,930 288,930 211,094 171,341 297,598 297,598
Regional & Local Labor 1,315,617 164,332 164,332 206,071 1,355,085 169,262 169,262 212,253 1,395,738 174,340 174,340 218,621
Materials & Services 327,080 2,974,480 477,440 676,094 336,892 2,979,028 491,763 696,377 346,999 2,983,711 506,516 717,268
Materials 327,080 151,580 477,440 676,094 336,892 156,127 491,763 696,377 346,999 160,811 506,516 717,268
EBT Processor Fees 2,822,900 2,822,900 2,822,900
Banking Contractor Costs 412,865 412,865 412,865
Retailer Costs 32,112 33,271 65,151 33,075 34,269 67,106 34,068 35,297 69,119
TOTAL COST TO STATE 2,254,538 3,332,429 955,558 1,227,831 2,309,788 3,347,715 984,225 1,264,666 2,366,695 3,363,460 1,013,751 1,302,606
Retailer‐Borne Costs 2,058,147 227,386 227,386 227,386 2,108,788 233,830 233,830 233,830 2,160,947 240,468 240,468 240,468
Labor 1,688,012 214,808 214,808 214,808 1,738,653 221,253 221,253 221,253 1,790,812 227,890 227,890 227,890
Loss 370,135 12,577 12,577 12,577 370,135 12,577 12,577 12,577 370,135 12,577 12,577 12,577
TOTAL SYSTEM COST
Including Retailers 4,312,685 3,559,815 1,182,944 1,455,217 4,418,575 3,581,545 1,218,055 1,498,496 4,527,643 3,603,927 1,254,219 1,543,074
E‐WIC Cost‐Benefit Analysis
Detailed Cost Summary
Design, Development, Implementation, and 5 Years of Operations Page 6