A. Beginning July 1, 2000, all fees imposed by the Solid Waste Enforcement Program shall be adjusted annually on July 1 by an inflation factor (‘IN’), which is based upon the change, from the COMMENCEMENT DATE to the adjustment date in question, in the Consumer Price Index for all urban consumers for the Los Angeles Anaheim Riverside Metropolitan Area (‘CPI-U’) as published by the Bureau of Labor Statistics, U.S. Department of Labor.
The inflation factor shall be equal to:
IN = [ (CPI-Ua) / (CPI-UC) ]
where
CPI-Ua = the CPI-U for the calendar month ‘a'; and
‘a' = the calendar month in which the anniversary of the COMMENCEMENT DATE occurs;
‘CPI-UC' = the CPI-U for the calendar month and year in which the COMMENCEMENT DATE occurs.
B. Until the final CPI-Ua is published for the year in question, an estimate of the CPI-Ua shall be made by the City using linear extrapolation from the prior year’s CPI-Ua to the most recently published final CPI-U. The City shall adjust the fee payment for the month following the publication of the final CPI-Ua to account for any over or under payments resulting from the use of the estimated CPI-Ua.
C. Notwithstanding the calculation methodology described herein, at no time shall IN exceed 0.03 (three percent) in any single annual adjustment. If the CPI exceeds 3%, calculated at an average for a given year, the operating fee will adjust to 75% of the average CPI in excess of the 3% per year limit to begin the following year.
D. All fees contained in the Solid Waste Facility Fee Table in Section 193.02 of this ordinance are subject to annual fee adjustments as calculated above.