HomeMy WebLinkAboutWaste Pro Annual CPI Adjustment Letter to City Manager 2021 11 16 1 i l i d
November 16, 2021
Mr.Shawn Boyle
City Manager
City of Winter Springs
1126 East State Road 434
Winter Springs, Florida 32708
RE:Annual CPI Adjustment--Solid Waste Collection Franchise Agreement
Dear Mr. Shawn Boyle,
Pursuant to Section 5.0 Rate Changes, Waste Pro respectfully requests to be granted a Consumer Price
Index rate adjustment effective March 1, 2022. CPI numbers were retrieved from, Consumer Price Index
(1982-84=100) for the U.S.City Average—All Items—All Consumers—published by the United States
Department of Labor, Department of Labor Statistics.The calculation is as follows:
Percentage Adjustment= (October 2021--October 2020)
October 2020
6.22%= (276.589-260.388)
260.388
There is no CPI Carry Forward from previous year.
The above calculation represents a one-year change in CPI rate. Pursuant to Section 5.2 of the contract
the CPI Adjustment may not exceed 2.5% in a given year. There will be a 3.72%CPI Carry Forward for
next year computation.
Sincerely,�S�
lu•�
Eric Saxton
Division Manager
Waste Pro of Florida
407-774-0800