Examples of Base Year CPI in a sentence
The Base Year CPI and the Current Year CPI shall be determined in accordance with YMC Section 15.20.100(A) and Section 4.0003(A) and (B) of this Chapter.
Retaining walls may serve as pond walls if the design is prepared and stamped by a registered professional engineer and a fence is provided along the top of the wall.
Lessor will also service and certify the existing HVAC components are in good working condition as of the Commencement of the Lease.
The Base Year CPI shall be the annual CPI for calendar year 2016.
The Base Year CPI shall be the annual CPI for calendar year 2021.
The adjusted Base Salary shall be obtained by multiplying Base Salary by the number resulting from the following formula: Current Year CPI + .01 ------------------ Base Year CPI ; provided that in no event will the Base Salary be less than $8,333.33 per month.
Inflation Rate = [(Base Year CPI – Then Year CPI) / Then Year CPI] * 100= [(201.6 – 163.0) / 163.0] * 100= [(38.6) / 163.0] * 100= [.2368] * 100= 23.68%Figure 1.
For example, the Base Year CPI may be presented on the basis of 2005=100, while the applicable CPI may be presented on the basis of 2015=100.
The first step in this process is to subtract the Then Year CPI from the Base Year CPI.
This is to make a conversion as the Base Year CPI as defined in each contract will be presented using a different base than the applicable CPI of the calculation period6.