CORRESPONDENCE_2003-2005 - Laserfiche WebLink

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ANNUAL INFLATION FACTOR 2002 FACILITY NAME: FACILITY NO.: Multiply each cost estimate by the inflation factor to determine the new adjusted cost estimates as illustrated below. The ABC Landfill's COST ESTIMATE for CLOSURE in 2002 was $2,000,000. Using the 2002 inflation factor of 1.011, they recalculated their ADJUSTED CLOSURE COST for 2003 to$2,022,000. Their 30-year COST ESTIMATE for POSTCLOSURE MAINTENANCE in 2002 was $1,500,000. Using the 2002 inflation factor of 1.011, their ADJUSTED POSTCLOSURE MAINTENANCE COSTfor 2003 is $1,516,500. Their cost estimate for corrective action in 2002 was $1,000,000. Using the 2002 inflation factor of 1.011, they recalculated their ADJUSTED CORRECTIVE ACTION COST for 2003 to$1,011,000. Closure estimate $2,000,000 X1.011 = $2,022,000 30-year Postclosure estimate $1,500,000 X1.011 = $1,516,500 Corrective Action $1,000,000 X1.011 = $1,011,000 Using the inflation factor for 2002, calculate the following: $ X 1.011 = $ Closure Costs estimate in 2003 dollars $ X 1.011 = $ Annual Postclosure Costs X 30 years estimate in 2003 dollars $ X 1.011 = $ Corrective Action Costs estimate in 2003 dollars I certify under penalty of perjury under the laws of the State of California that the information in this document is true and correct to the best of my knowledge and is being provided in accordance with the regulations. Operator/Owner Signature Title of Person Signing Mailing Address Printed Name of Person Signing Phone Number Date of Report Thank you for providing this information.