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to of balifornia 49 ornia Integrated Waste Management Board <br /> ANNUAL INFLATION:.FACTORr ; _ <br /> 1995 - <br /> Facility <br /> 995 Facility Name: Facility No.: <br /> Title 14, California Code of Regulations, Division 7, Chapter 5, Article 3.4, section 18272(d), requires you to submit <br /> a report to the California Integrated Waste Management Board (CIWMB) by March 1 each year. The report <br /> calculates the inflationary increase in the closure and postclosure maintenance cost estimates for the previous <br /> calendar year. <br /> Based on information obtained from the U.S. Department of Commerce, Bureau of Economic Analysis, on <br /> April 2, 1996, the inflation factor for 1995 is 1.024. <br /> Multiply EACH COST ESTIMATE by the inflation factor to determine the new ADJUSTED COST ESTIMATES as <br /> illustrated below. <br /> SAMPLE: The ABC Landfill's COST ESTIMATE for CLOSURE in 1995 was $2,000,000. Using the 1995 infla- <br /> tion factor of 1.024, they recalculated their ADJUSTED CLOSURE COST for 1996 to $2,048,000. <br /> Their COST ESTIMATE for POSTCLOSURE MAINTENANCE in 1995 was $1,500,000. Using the <br /> 1995 inflation factor of 1.024, their ADJUSTED POSTCLOSURE MAINTENANCE COST for 1996 is . <br /> $1,536,000. <br /> $2,000,000 x 1.024 = $ 2,048,000 <br /> $1,500,000 x 1.024 = $1,536,000 <br /> Using the inflation factor for 1995, calculate the following: <br /> $ x 1.024 = g <br /> Closure Costs estimate in 1996 dollars <br /> $Annual Po. x 1.024 = $ <br /> stclosure Costs X 15 years estimate in 1996 dollars <br /> Operator/Owner Signature Company Name <br /> Title of Person Signing Area Code\Phone Number <br /> Date <br /> CIWMB 114A (3194) <br />