Inflation Factor means a number determined for each tax year by dividing the consumer price index for June of the tax year by the consumer price index for June 2005.
Inflation Factor means a number determined for each tax year by dividing the consumer price
Inflation Factor means, at any time, the fraction obtained where the numerator is the Consumer Price Index for the United States of America (all items) for the then current year and the denominator is the Consumer Price Index for the United States of America (all items) for the year immediately preceding the then current year, with appropriate mathematical adjustment made to ensure that both the numerator and the denominator have been prepared on the same basis;
Examples of Inflation Factor in a sentence
The mileage rates provided in this section are the base rates that are adjusted by the yearly Ambulance Inflation Factor (AIF).
Select one of the methods of cost estimate ajustment below.□ (a) Inflation Factor Adjustment □ (b) Recalculated or New Cost EstimatesInflation adjustment using an inflation factor may only be made when a Department approved closure cost estimate exists and no changes have occurred in the facility operation which would necessitate modification to the closure plan.
The resulting AD rates (base and ancillary) were then updated by the Inflation Factor for Administrative Days.
The resulting AD rates (base and ancillary) were then updated by the Inflation Factor for Administrative Days between RY15 and RY16.
SDE: EFA Formula/Base Student Cost Inflation Factor) To the extent possible within available funds, it is the intent of the General Assembly to provide for 100 percent of full implementation of the Education Finance Act to include an inflation factor projected by the Division of Budget and Analyses to match inflation wages of public school employees in the Southeast.
More Definitions of Inflation Factor
Inflation Factor shall be determined by adding one (1) to the Effective Rate of Inflation and multiplying these amounts for each year in which inflation has been calculated. For example, if inflation was 4% in Year 2, 1% in Year 3, and 5% in Year 4, the Effective Rate of Inflation would be 3%, 1%, and 3% respectively, and the Inflation Factor would be 1.071509 (1.03 * 1.01 * 1.03). If the Inflation Factor is equal to or less than one (1), then no ECAs shall be owed hereunder during the Contract Year that begins on the applicable ECA Adjustment Date (the “ECA Adjusted Year”). If the Inflation Factor is greater than one (1), then ECAs shall be applied during the ECA Adjusted Year as calculated in accordance with this Section. The ECA adjustment amount shall be determined by multiplying the Inflation Factor by the amount of the Inflation Sensitive Charges, and then multiplying the difference between this calculated amount and the Inflation Sensitive Charge by the Inflation Sensitivity Factor. ECA changes shall be made on a prospective basis for the Inflation Sensitive Charges payable by DIR during the upcoming Contract Year (i.e. the ECA determined at the beginning of Contract Year 2 using the Current Year Index shall be used for purposes of adjusting all of the Inflation Sensitive Charges payable by DIR during Contract Year 2). Below are ECA example calculations based on the following assumptions: ECA calculation begins in September, 2010; The Inflation Sensitivity Factor is 70%; The Base Year Index is July 2009, which equals 210.036; The amount of the Inflation Sensitive Charges is $500,000; and The following CPI-U Index examples: CPI-U Inflation Indices 2010 2011 2012 Avg CPI-U Index, for six months ending July 210.036 218.437 221.325 This results in the ECA calculated values depicted in the table below and described in the following text. Stub Period Contract Year 1 Contract Year 2 Contract Year 3 Effective Rate of Inflation N/A N/A 3.0% 1.322% Inflation Sensitivity Factor N/A N/A 70% 70% Inflation Factor N/A N/A 1.03 1.04361 The ECA calculations for the Stub Period and Contract Year 1 are not applicable (the calculation does not commence until July, 2010). For Contract Year 1, the invoice amounts shall not be adjusted for Economic Change Adjustment. In the example above, all invoice amounts for the Inflation Sensitive Charges for Contract Year 3 shall be multiplied by 1.04361. The difference between the Inflation Sensitive Charges ($500,000) and the calculated amount ($5...
Inflation Factor means, with respect to any calendar year, the quotient (expressed as a decimal) obtained by dividing (i) the PPI published in respect of the most recently ended calendar year (the “New Year”), by (ii) the PPI published in respect of the calendar year immediately preceding the New Year, and subtracting 1.00 from the resulting quotient. “PPI” for purposes hereof, means, with respect to any calendar year or any period during any calendar year, the “Producer Price Index” applicable to the capital equipment sector as published by the Bureau of Labor Statistics for the United States Department of Labor. If the PPI shall be converted to a different standard reference base or otherwise revised after the date hereof, PPI shall thereafter be calculated with use of such new or revised statistical measure published by the Bureau of Labor Statistics or, if not so published, as may be published by any other reputable publisher of such price index reasonably selected by the Administrator. The Inflation Factor may be a negative number.
Inflation Factor means the amount by which the consumer price index for all urban consumers increased during the calendar year ending December 31 that preceded the contractor’s fiscal year end.
Inflation Factor means the figure, expressed to the fourth place of decimals, obtained by dividing the Price Index as reported for the first time in the monthly publication "International Financial Statistics" of the International Monetary Fund in the section "Prices, Production, Employment" for the month in which this Agreement has been signed by the Price Index first so reported for the month in which the expenditure in question has been so incurred or, for purposes of clause 22.4, the month for which the annual adjustment is to be made;
Inflation Factor means a number determined for each taxable year by dividing the consumer price index for June of the taxable year by the consumer price index for June 1980.
Inflation Factor means, at any time, the fraction obtained where the numerator is the CPI as of January 1 for the then current year (and if no CPI is available for January 1 of such year, then the first day thereafter for which the CPI is available) and the denominator is the CPI in effect on January 1 of the year immediately preceding the then current year (and if no CPI is available for January 1 of such year, then the first day thereafter for which the CPI is available), with appropriate mathematical adjustment made to ensure that both the numerator and the denominator have been prepared on the same basis.
Inflation Factor means a percentage equal to the aver- age annual percentage change in the U.S. consumer price index for all urban consumers, U.S. city average, as determined by the