Cities Index.
2024 Waste Management CPI Adjustment Calculation

Menifee City Council
May 1, 2024

Document
2024 Waste Management CPI Adjustment Calculation
Meeting
May 1, 2024
Body
Menifee City Council
Original file
935 KB
Text extracted from the city's file for reading and search. Open the original on cityofmenifee.primegov.com. That file is the official record.

City of Menifee Index Change Calcualtion
2024
Old New Change % Change
CPI 549.33 589.34 40.009 7.28%
Riverside County Disposal Fee 49.75$ 51.18$ 1.43$ 2.88% Rate Component Weight Percentage
Service Component - CPI 80% 4.00% Not to exceed 4%
Disposal Component - Landfill 20% 2.88%
WM Franchise Agreement Annual Rate Adjustments
Section 24.3.1 Service Component comprises 80% of the rate, adjusted annually by CPI-U Garbage and Trash Collections, US City Average not seasonally adjusted January to December Section 24.3.2 Disposal Component 20% of rate, adjusted by greater of CPI-U Garbage and Trash Collections or % increase to landfill tipping fee January to December Section 24.4 Service Component may not be increased by more than 4% in any one year Weighted Percentage

3.20%

0.58%
Adjusted Weighted Percentage 3.78%

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