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factor for the rate increase is in fact a third index, called CPI-C.

CPI-C is defined as the unadjusted Consumer Price Index for ALL URBAN CONSUMERS for ALL ITEMS, U.S. city average. The timeframe for this index is the December 1 through November 30 of the year preceeding the rate increase. For example: the CPI value ending November 2004 would be implemented June 2005. As a reference, the fiscal year 20-year historical averages (as of December 2004) of the three CPI indexes are:

CPI-A3.18

CPI-B3.07

CPI-C3.04

For the 20-year annual historical data of the CPI indexes, see Appendix CPI or visit www.bls.gov.

Note: City Management and their consultant ARI stated in public meetings that although the Contract contained Fixed and Variable Fees adjustments, with outsourcing, residents would experience only a 7% increase in the fees they pay over the life of the Contract vs. a 39% increase under municipal operation.

Utility related rates have risen:

2003-2004

2.5%

2004-2005

2.3%

2005-2006

3.7%

TOTAL increase since Service Contract inception: 8.5%

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