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Agreement forAgreement <br />EXHIBIT B — CALCULATION OF RATE ADJUSTMENT <br />(After September 30, 2020) <br />One Hundred Percent (100%) of the rate adjustment shall be based on seventy-five percent (75%) of the change <br />in the Consumer Price Index (CPI) between the month of April in the prior year (CP11) and the month of April in <br />the current year (CP12). The CPI shall be the South Urban Region, All Items — All Urban Wage Earners and <br />Clerical Workers, published by the United States Department of Labor, Department of Labor Statistics (Series ID <br />= CWUR0300SA0) <br />If the designated index is discounted or substantially altered, SWDD may select another relevant price index <br />published by the United States Government or by a reputable publisher of financial and economic indices. <br />The total rate adjustment is rounded to the nearest hundredth of a percent and in any given year shall not <br />exceed three percent (3.0%) of the previous rate. <br />FORMULA FOR CALCULATING ANNUAL RATE ADJUSTMENT <br />Annual Adjustment (as a Percentage) AA = (((CP12 - CP11) / CP11) * 0.75)); <br />New Rate = Round ((Current Rate + AA*Current Rate), 2) <br />Where: <br />"CP11" = published CPI average for the month of April of the prior year <br />"CP12" = published CPI average for the month of April of the current year <br />SAMPLE CALCULATION OF ANNUAL RATE ADJUSTMENT INCREASE <br />Assumptions: Current Rate = $10.00 CP11 = 226.618 <br />CP12 = 227.955 <br />Annual Rate Adjustment = ((227.955-226.618)/ 226.618) * 0.75) = 0.44% <br />Annual Rate Adjustment of 0.44% is less than 3.0% the maximum allowed. <br />New Rate = ROUND ($10.00 * (1 + 0.0044), 2) = $10.04 <br />SAMPLE CALCULATION OF ANNUAL RATE ADJUSTMENT DECREASE <br />Assumptions: Current Rate = $10.00 CP11 = 226.618 <br />CP12 = 225.618 <br />Annual Rate Adjustment = ((225.618-226.618)/ 226.618) * 0.75) = -0.33% <br />New Rate = ROUND ($10.00 * (1 + (-0.0033), 2) = $9.97 <br />Annual Rate Adjustment is subject to the approval of the County Administrator or his designee. <br />Page 12 of 13 <br />