Cost updates and comparisons

	A	B	C	E	F	G
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3	2019-2024 Canvas Contract
4		Cost/FTE	% increase	24-hr Support	% increase	Annual Total
5	Year 1 (2019-20)	$10.70	n/a	$288,365	n/a	$1,736,190.00
6	Year 2 (2020-21)	11.02	3%	296,989	3%	$1,787,934.00
7	Year 3 (2021-22)	11.35	3%	305,882	3%	$1,841,295.00
8	Year 4 (2022-23)	11.69	3%	315,045	3%	$1,896,273.00
9	Year 5 (2023-24)	12.04	3%	324,478	3%	$1,952.868.00
10						$9,214,560.00
11	2024-2029 Canvas Renewal Options
12	No Tier 1 Support	Cost/FTE	% increase	24-hr Support	% increase	Annual Total
13	Year 1 (2024-25)	$13.24	9.97%	$284,164	-12%	$1,789,296.60
14	Year 2 (2025-26)	13.90	5%	298,330	5%	$1,878,626.38
15	Year 3 (2026-27)	14.59	5%	313,139	5%	$1,971,826.32
16	Year 4 (2027-28)	15.32	5%	328,807	5%	$2,070,534.53
17	Year 5 (2028-29)	16.09	5%	345,333	5%	$2,174,751.36
18						$9,885,035.19
19
20	Tier 1 Support + $375,595.50 Annually	Cost/FTE	% increase	24-hr Support	% increase	Annual total
21	Year 1 (2024-25) + Tier 1 Support One time fee ($14,500)	$12.88	6.98%	$276,439	-14.81%	$2,130,857.67
22	Year 2 (2025-26)	$13.52	4.97%	290,175	4.97%	$2,202,758.17
23	Year 3 (2026-27)	$14.20	5.03%	304,769	5.03%	$2,294,666.41
24	Year 4 (2027-28)	$14.90	4.93%	319,793	4.93%	$2,389,507.20
25	Year 5 (2028-29)	$15.65	5.03%	335,890	5.03%	$2,490,794.16
26						$11,508,583.61
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