NORTH BEACH WATER DISTRICT PACIFIC COUNTY, WASHINGTON

Transcription

1 NORTH BEACH WATER DISTRICT PACIFIC COUNTY, WASHINGTON RESOLUTION 28- A RESOLUTION OF THE NORTH BEACH WATER DISTRICT OF PACIFIC COUNTY, WASHINGTON, APPROVING COST OF LIVING ADJUSTMENT FOR NORTH BEACH WATER DISTRICT EMPLOYEES WHEREAS, the North Beach Water District (District) desires to provide competitive wages and benefits to its employees; and WHEARAS, the District maintains a structured wage/salary step rate for each position, except the general manager; and WHEREAS, the District desires to keep the step scale current with the changing cost of living as measured by the U. S. Department of Labor, Bureau of Labor Statistic s Consumer Price Index for the Seattle-Tacoma-Bremerton area (CPI-U); and WHEREAS, the last cost of living adjustment approved by the District was a 0.6% increase on December 16, 2013 by Resolution ; and WHEREAS, the 2014 CPI-U, as reported in October for the Seattle-Tacoma-Bremerton area, attached hereto and incorporated herein as Exhibit A, reported a 2.1 percent annual increase in the cost of living in the previous 12 months and the CPI-U, as reported in October for the Seattle-Tacoma-Bremerton area, attached hereto and incorporated herein as Exhibit B, reported a 1.2 percent increase in the cost of living in the previous 12 months; now therefore BE IT RESOLVED, by the North Beach Water District Board of Commissioners to approve a cost of living increase be applied to all step rate of % effective January 1, 2016 ADOPTED BY the North Beach Water District Board of Commissioners, Pacific County, Washington at its regular meeting held on the 21 day of December, Brian Sheldon, Commissioner Position #1 Glenn Ripley, Commissioner Position #3 Gwen Brake, Commissioner Position #2 Page 1 of 1

2 EXHIBIT "A" For Release: Thursday, November 20, SAN WESTERN INFORMATION OFFICE: San Francisco, Calif. Technical information:(415) Media contact: (415) Consumer Price Index, Seattle area October 2014 Areapriceswereup0.3percentoverthepasttwomonths,up2.1percentfromayearago Prices in the greater Seattle Area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.3 percent for the two months ending October 2014, the U.S. Bureau of Labor Statistics reported today.(see table A.) Regional Commissioner Richard J. Holden noted that the October increase was influenced by higher prices for shelter and food.(data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect seasonal influences.) Over the last 12 months, the CPI-U rose 2.1 percent.(see chart 1.) Energy prices declined 1.0 percent, largelytheresultofadecreaseinthepriceofgasoline.theindexforallitemslessfoodandenergy increased 2.2 percent since October 2013.

3 Food Foodpricesincreased1.5percentfromAugusttoOctober.(Seetable1.)Pricesforfoodathome increased1.9percent,andpricesforfoodawayfromhomemovedup0.9percentforthesameperiod. Overtheyear,foodpricesrose3.1percent.Pricesforfoodathomeadvanced3.7percentsinceayear ago, and prices for food away from home increased 2.3 percent. Energy The energy index decreased 7.6 percent for the two months ending in October The decrease was mainly due to lower prices for gasoline(-11.2 percent). Prices for electricity declined 1.7 percent, and pricesfornaturalgasserviceincheddown0.1percentinthepasttwomonths. Energy prices declined 1.0 percent over the year, largely due to lower prices for gasoline(-1.4 percent). Prices paid for natural gas service declined 0.3 percent, but prices for electricity edged up 0.1 percent during the past year. Allitemslessfoodandenergy Theindexforallitemslessfoodandenergyrose0.8percentinthelatesttwo-monthperiod.Higher prices for household furnishings and operations(3.6 percent), other goods and services(1.0 percent), and shelter(0.8 percent) were partially offset by lower prices for apparel(-1.1 percent). Over the year, the index for all items less food and energy increased 2.2 percent. Components contributing to the increase included shelter(5.2 percent) and household furnishings and operations(1.7 percent). Partly offsetting the increases were price declines in apparel(-2.0 percent) and medical care (-0.9percent). -2-

4 Table A. Seattle-Tacoma-Bremerton CPI-U bi-monthly and annual percent changes(not seasonally adjusted) Month February April June August October December CPI-W In October, the Consumer Price Index for Urban Wage Earners and Clerical Workers(CPI-W) was , down 0.1 percent from August. The CPI-W increased 2.1 percent over the year. The December 2014 Consumer Price Index for the Seattle-Tacoma-Bremerton is scheduled to be released on January 16, at 10:00 a.m.(pst). Technical Note TheConsumerPriceIndex(CPI)isameasureoftheaveragechangeinpricesovertimeinafixed market basket of goods and services. The Bureau of Labor Statistics publishes CPIs for two population groups:(1) a CPI for All Urban Consumers(CPI-U) which covers approximately 89 percent of the total population and(2) a CPI for Urban Wage Earners and Clerical Workers(CPI-W) which covers 28 percent of the total population. The CPI-U includes, in addition to wage earners and clerical workers, groups such as professional, managerial, and technical workers, the self-employed, short-term workers, the unemployed, and retirees and others not in the labor force. The CPI is based on prices of food, clothing, shelter, and fuels, transportation fares, charges for doctors' and dentists' services, drugs, and the other goods and services that people buy for day-to-day living. Each month, prices are collected in 87 urban areas across the country from about 4,000 housing units and approximately 26,000 retail establishments--department stores, supermarkets, hospitals, filling stations, and other types of stores and service establishments. All taxes directly associated with the purchaseanduseofitemsareincludedintheindex. The index measures price changes from a designated reference date( ) that equals An increaseof16.5percent,forexample,isshownas116.5.thischangecanalsobeexpressedindollarsas follows:thepriceofabaseperiod"marketbasket"ofgoodsandservicesinthecpihasrisenfrom$10 in to$11.65.forfurtherdetailsseethecpihomepageontheinternetatwww.bls.gov/cpiand the BLS Handbook of Methods, Chapter 17, The Consumer Price Index, available on the Internet at In calculating the index, price changes for the various items in each location are averaged together with weights that represent their importance in the spending of the appropriate population group. Local data arethencombinedtoobtainau.s.cityaverage.becausethesamplesizeofalocalareaissmaller,the -3-

5 local area index is subject to substantially more sampling and other measurement error than the national index. In addition, local indexes are not adjusted for seasonal influences. As a result, local area indexes show greater volatility than the national index, although their long-term trends are quite similar. NOTE: Area indexes do not measure differences in the level of prices between cities; they only measure the average change in prices for each area since the base period. The Seattle-Tacoma-Bremerton, WA. metropolitan area covered in this release is comprised of Island, King, Kitsap, Pierce, Snohomish, and Thurston Counties in the State of Washington. Information in this release will be made available to sensory impaired individuals upon request. Voice phone: ; Federal Relay Service:

6 Table 1. Consumer Price Index for All Urban Consumers(CPI-U): Indexes and percent changes for selected periodsseattle-tacoma-bremerton, WA( =100 unless otherwise noted) Item and Group Expenditure category Allitems Allitems(1967=100) Foodandbeverages Food Foodathome Foodawayfromhome Alcoholicbeverages Housing Shelter Rentofprimaryresidence (1) Owners'equiv.rentofresidences (1)(2) Owners'equiv.rentofprimaryresidence (1)(2) Fuelsandutilities Householdenergy Energyservices (1) Electricity (1) Utility(piped)gasservice (1) Householdfurnishingsandoperations Apparel Transportation Privatetransportation Motorfuel Gasoline(alltypes) Gasoline,unleadedregular (3) Gasoline,unleadedmidgrade (3)(4) Gasoline,unleadedpremium (3) Medicalcare Recreation (5) Educationandcommunication (5) Othergoodsandservices Commodity and service group Allitems Commodities Commoditieslessfood&beverages Nondurableslessfood&beverages Note:Seefootnotesatendoftable. Indexes Percent change from- Aug Sep Oct Oct Aug Sep

7 Table 1. Consumer Price Index for All Urban Consumers(CPI-U): Indexes and percent changes for selected periodsseattle-tacoma-bremerton, WA( =100 unless otherwise noted)- Continued Item and Group Durables Services Special aggregate indexes Allitemslessmedicalcare Allitemslessshelter Commoditieslessfood Nondurables Nondurableslessfood Serviceslessrentofshelter (2) Serviceslessmedicalcareservices Energy Allitemslessenergy Allitemslessfoodandenergy (1) ThisindexserieswascalculatedusingaLaspeyresestimator.Allotheritemstratumindexserieswerecalculatedusingageometricmeans estimator. (2) IndexisonaNovember1982=100base. (3) Specialindexbasedonasubstantiallysmallersample. (4) IndexesonaDecember1993=100base. (5) IndexesonaDecember1997=100base. Indexes Percent change from- Aug Sep Oct Oct Aug Sep

8 EXHIBIT "B" For Release: Tuesday, November 17, SAN WESTERN INFORMATION OFFICE: San Francisco, Calif. Technical information:(415) Media contact: (415) Consumer Price Index, Seattle area October Areapricesweredown0.3percentoverthepasttwomonths,up1.2percentfromayearago Prices in the Seattle Area, as measured by the Consumer Price Index for All Urban Consumers(CPI-U), decreased 0.3 percent for the two months ending in October, the U.S. Bureau of Labor Statistics reported today.(see table A.) Regional Commissioner Richard J. Holden noted that the October decrease was influenced by lower prices for gasoline.(data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect seasonal influences.) Overthelast12months,theCPI-Uadvanced1.2percent. (Seechart1andtableA.)Energypricesdropped 15.1percent,largelytheresultofadecreaseinthepriceofgasoline.Theindexforallitemslessfoodand energy advanced 2.5 percent over the year.(see table 1.)

9 Food Foodpricesincreased0.2percentforthetwomonthsendinginOctober.(Seetable1.)Pricesforfoodaway fromhomerose0.3percent,andpricesforfoodathomeadvanced0.2percentforthesameperiod. Overtheyear,foodpricesincreased2.0percent.Pricesforfoodawayfromhomerose2.6percentsincea yearago,andpricesforfoodathomemovedup1.6percent. Energy Theenergyindexfell11.4percentforthetwomonthsendinginOctober.Thedecreasewasmainlydueto lower prices for gasoline(-19.6 percent). Prices for electricity decreased 0.3 percent, but prices for natural gasserviceedgedup0.1percentoverthepasttwomonths. Energy prices dropped 15.1 percent over the year, largely due to lower prices for gasoline(-27.9 percent). Prices paid for electricity increased 7.6 percent, and prices for natural gas service advanced 5.5 percent during the past year. Allitemslessfoodandenergy The index for all items less food and energy advanced 0.5 percent in the latest two-month period. Higher prices for apparel(2.3 percent), medical care(0.9 percent), education and communication(0.8 percent), and shelter(0.5 percent) were partially offset by lower prices for other goods and services(-0.6 percent). Over the year, the index for all items less food and energy advanced 2.5 percent. Components contributing to the increase included shelter(5.1 percent), apparel(2.1 percent), and education and communication(0.9 percent). Partly offsetting the increases were price declines in other goods and services(-1.8 percent) and household furnishings and operations(-1.3 percent). Table A. Seattle-Tacoma-Bremerton CPI-U bi-monthly and annual percent changes(not seasonally adjusted) Month February April June August October December

10 The December Consumer Price Index for the Seattle-Tacoma-Bremerton is scheduled to be released on January 20, Technical Note TheConsumerPriceIndex(CPI)isameasureoftheaveragechangeinpricesovertimeinafixedmarket basket of goods and services. The Bureau of Labor Statistics publishes CPIs for two population groups:(1) a CPI for All Urban Consumers(CPI-U) which covers approximately 89 percent of the total population and(2) acpiforurbanwageearnersandclericalworkers(cpi-w)whichcovers28percentofthetotal population. The CPI-U includes, in addition to wage earners and clerical workers, groups such as professional, managerial, and technical workers, the self-employed, short-term workers, the unemployed, andretireesandothersnotinthelaborforce. The CPI is based on prices of food, clothing, shelter, and fuels, transportation fares, charges for doctors' and dentists' services, drugs, and the other goods and services that people buy for day-to-day living. Each month, prices are collected in 87 urban areas across the country from about 4,000 housing units and approximately 26,000 retail establishments--department stores, supermarkets, hospitals, filling stations, and other types of stores and service establishments. All taxes directly associated with the purchase and use of items are included in the index. The index measures price changes from a designated reference date( ) that equals An increase of16.5percent,forexample,isshownas116.5.thischangecanalsobeexpressedindollarsasfollows:the priceofabaseperiod"marketbasket"ofgoodsandservicesinthecpihasrisenfrom$10in to $ For further details see the CPI home page on the Internet at and the BLS Handbook of Methods, Chapter 17, The Consumer Price Index, available on the Internet at In calculating the index, price changes for the various items in each location are averaged together with weights that represent their importance in the spending of the appropriate population group. Local data are thencombinedtoobtainau.s.cityaverage.becausethesamplesizeofalocalareaissmaller,thelocalarea index is subject to substantially more sampling and other measurement error than the national index. In addition, local indexes are not adjusted for seasonal influences. As a result, local area indexes show greater volatility than the national index, although their long-term trends are quite similar. NOTE:Area indexes do not measure differences in the level of prices between cities; they only measure the average change in prices for each area since the base period. The Seattle-Tacoma-Bremerton, WA. metropolitan area covered in this release is comprised of Island, King, Kitsap, Pierce, Snohomish, and Thurston Counties in the State of Washington. Information in this release will be made available to sensory impaired individuals upon request. Voice phone: (202) ; Federal Relay Service:(800)

11 Table 1. Consumer Price Index for All Urban Consumers(CPI-U): Indexes and percent changes for selected periods Seattle-Tacoma-Bremerton, WA( =100 unless otherwise noted) Indexes Percent change from- Aug. Item and Group Aug. Sep. Oct. Oct Sep. Expenditure category Allitems Allitems(1967=100) Foodandbeverages Food Foodathome Foodawayfromhome Alcoholicbeverages Housing Shelter Rentofprimaryresidence (1) Owners'equiv.rentofresidences (1)(2) Owners'equiv.rentofprimaryresidence (1)(2) Fuelsandutilities Householdenergy Energyservices (1) Electricity (1) Utility(piped)gasservice (1) Householdfurnishingsandoperations Apparel Transportation Privatetransportation Motorfuel Gasoline(alltypes) Gasoline,unleadedregular (3) Gasoline,unleadedmidgrade (3)(4) Gasoline,unleadedpremium (3) Medicalcare Recreation (5) Educationandcommunication (5) Othergoodsandservices Commodity and service group Allitems Commodities Commoditieslessfood&beverages Nondurableslessfood&beverages Durables Services Special aggregate indexes Allitemslessmedicalcare Allitemslessshelter Commoditieslessfood Nondurables Nondurableslessfood Serviceslessrentofshelter (2) Serviceslessmedicalcareservices Energy

12 Table 1. Consumer Price Index for All Urban Consumers(CPI-U): Indexes and percent changes for selected periods Seattle-Tacoma-Bremerton, WA( =100 unless otherwise noted)- Continued Item and Group Aug. Indexes Sep. Oct. Oct Percent change from- Aug. Sep. Allitemslessenergy Allitemslessfoodandenergy (1) ThisindexserieswascalculatedusingaLaspeyresestimator.Allotheritemstratumindexserieswerecalculatedusingageometricmeans estimator. (2) IndexisonaNovember1982=100base. (3) Specialindexbasedonasubstantiallysmallersample. (4) IndexesonaDecember1993=100base. (5) IndexesonaDecember1997=100base. - Data not available NOTE:Indexappliestoamonthasawhole,nottoanyspecificdate. -5-