Examples of Current Rate Year in a sentence
Each rate approved for the Current Rate Year shall be multiplied by the Rate Adjustment Factor to calculate the effective rate for the Rate Year.
Current Rate Year means the Rate Year when this agreement is executed.
Each rate approved for the Current Rate Year by each Member shall be multiplied by the Rate Adjustment Factor for each Member to calculate the effective rate for the Rate Year by Member.
SECTION 1 New Hire Wage Scale Ottawa County Department of Job and Family Services Pay Ranges for New Hire Only POSITION Current Rate Year One Year Two Year Three Min.-Max.
Prior Rate Year” means the Rate Year prior to the Current Rate Year ( e.g., if the Current Rate Year is July 1, 2015 through June 30, 2016, then the Prior Rate Year is July 1, 2014 through June 30, 2015).
The Rate Adjustment Factor for the Rate Year shall equal the Total Rate Revenue Requirement (inclusive of calculations of Franchise Fees and Other Agency Fees) for the Rate Year divided by the Total Rate Revenue Requirement for the Current Rate Year, rounded to the nearest hundredth of a percent.
The Zero Waste Marin (JPA) Fees category amount for each Rate Year shall be calculated based on the amounts of Zero Waste Marin (JPA) Fees in the Current Rate Year times the percentage increase in Zero Waste Marin (JPA) Fees to be paid by the Company in the Rate Year.
The Base Year application shall be based on: the Company’s actual financial results of operations for the Prior Rate Year; audited financial statements for the Prior Rate Year; year-to-date financial results of operations for the Current Rate Year; and Company's forecasted costs for the next Rate Year.
For example, in the application for rates effective January 1, 2021 the Rate Year refers to the period from January 1, 2021 to December 31, 2021, the Current Rate Year refers to the period from January 1, 2020 to December 31, 2020 and the Prior Rate Year refers to the period from January 1, 2019 to December 31, 2019.
The Company shall use the same methodology to calculate the Garbage Landfilling and Organics Processing revenue category amount for each Rate Year after the 2020 Rate Year by using the annualized actual tons by category shown above for the first six months of the Current Rate Year subject to reasonable adjustments for anticipated changes as the basis for projecting tons for the coming Rate Year.