R
Recology
of the Coast
WASTE ZERO
August 28, 2024
John Mullins
Special Projects Manager, City of Pacifica
151 Milagra Drive
Pacifica, CA 94044
Re: 2025 Index Based Rate Application
Dear Mr. Mullins:
As outlined in Article 11 and Exhibit K of the franchise agreement, we have completed the annual rate application. The overall rate increase effective January 1, 2025 has been calculated at 5.13%. Enclosed is an MS Excel file with the following information for your consideration:
Tab#l - RY16 Index Change - This is the summary schedule showing the approved costs from the prior rate year being escalated by the change in the various CPI indexes and changes to the tonnage collected. The overall rate increase calculated is 5.13% .
Tab#2 - RY16 Indicies - This tab shows the individual indexes and the year-over-year percentages applied in the first tab. The following indexes values were calculated;
1. CPI-W came in at 2.97%
2. CPI-U came in at 2.97%
3. FUEL came in at -26.30%
4. MVM&R came in at 9.49% but was capped at 6%
5. CBA wages came in at 4.41%, Health & Welfare is 1.87% & Pension is 3.76% Tab#3 - BLS Info - This tab contains the raw data downloaded from the U.S. Bureau of Labor Statistics.
Tab#4-Organics - This tab shows the historical Organic tonnages collected from 5/1/23 thru 4/30/24 and the rates paid, plus the projected 2025 rates.
Tab#5-Recycle - This tab shows the historical Recyclable tonnages collected from 5/1/23 thru 4/30/24 and the rates paid, plus the projected 2025 rates.
Tab#6-Disposal - This tab shows the historical Disposal tonnages collected from 5/1/23 thru 4/30/24 and the rates paid, plus the projected 2025 rates.
Please review with your team and let us know if you have any questions or need additional information. 2305 Palmetto Avenue : Pacifica CA 94044-2797 : T: 650.355.9000 : recologyofthecoast.com