The Pentagon's figures on the economic payback of BRAC in Georgia.

The BRAC report [includes] a summary analysis of the expected savings
and justification for each recommendation.

The facility with the largest proposed annual savings is Fort McPherson. Proposed annual savings are $82.1 million with a one-time cost of $197.8 million. Net savings during the implementation period are estimated to be $111.4 million. The proposed payback time is two years. The net present value of the change over the next 20 years is a savings of $895.2 million.

The closure of the Naval Air Station in Atlanta has a smaller implementation cost of $43 million and yields annual savings of $66.1 million. This represents an immediate payback with net savings during implementation of $289.9 million and a net present value of $910.9 million in savings.

Fort Gilliam yields annual savings of $35.3 million with a one-time cost of $56.8 million. The net savings during implementation of the closure is $85.5 million. The net present value of the twenty-year savings is estimated at $421.5 million.

The weakest economic justification is for the closure of the Navy Supply Corp School in Athens. The one-time cost of implementing the closure is $23.8 million and annual savings are only $3.5 million. The implementation time period has a net cost of $13.6 million with a payback time of seven years.

(5-22,-05 article by Larry Peterson in The Savannah Morning News).