Agency’s Total Estimated FY Incremental costs ÷ Number of Vehicles in Agency’s Inventory ÷ 12 months = AFV Surcharge for Each Vehicle in Agency’s Inventory SURCHARGE CALCULATION EXAMPLE Total Number of 80% of Total Estimated Monthly Vehicles Covered Vehicles Covered Incremental Surcharge per Being Replaced Vehicles Cost ($1,400 Vehicle (Total Being average) Incremental Replaced Cost/Total Vehicles/12 months 1000 150 120 $168,000 $14.00
Agency’s Total Estimated FY Incremental costs ÷ Number of Vehicles in Agency’s Inventory ÷ 12 months = AFV Surcharge for Each Vehicle in Agency’s Inventory SURCHARGE CALCULATION EXAMPLE Total Vehicles Number of Covered Vehicles Being Replaced 80% of Covered Vehicles Being Replaced Total Incremental Cost ($1,400 average) Estimated Monthly Surcharge per Vehicle (Total Incremental Cost/Total Vehicles/12 months 1000 150 120 $168,000 $14.00