Finance Committee - 7/5/2017 Page 3
Bruce Codagnone
That would be appropriate, yeah.
Alderman Cookson
And this contract is for $38,000?
Bruce Codagnone
About $32,000 plus the maintenance.
Alderman Cookson
Plus the $6,000 maintenance. So the payoff — the breakeven point is about four years from now.
Bruce Codagnone
Correct.
Alderman Cookson
At that point we'll still be paying $6,000 in maintenance but we expect...so 38 and 18 is going to give me
$56,000 over four years. No expense is going to be $15,000 annually. So in four years, we'll have spent
$60,000 versus the $56,000 if we go this route?
Bruce Codagnone
Right.
Alderman Cookson
Once we accept this and once we get to the point where they’re able to print off their own W2s and whatever
forms they need, we will no longer provide that service to them?
Bruce Codagnone
Correct, that’s the goal. That allows them to do it themselves. Obviously we'll probably have to do it for some
people that don’t have computers at home - retirees and things like that. | would say they’d do a hell of a lot
less than they’re doing now.
Alderman Cookson
We'll do less. We're going to keep the printers and we'll have to continue to buy toner if we’re going to be
printing anything for anybody. We just won’t have the wear and tear on those machines and we won't use the
toner nearly as much.
Bruce Codagnone
Right and you won't have to replace them every couple of years. They'll probably last 10 — 15 years at that
point.
Alderman Cookson
All right. Thank you.
