COST INDEXES


COST INDEXES

The Municipal Cost Index, developed exclusively by American City & County, is designed to show the effects of inflation on the cost of providing municipal services. State and local government officials rely on American City & County's Municipal Cost Index to stay on top of price trends, monitor price increases for commodities, make informed government contract decisions and plan budgets intelligently. Since 1978, readers have loyally referred to the Municipal Cost Index to determine the cost of inflation and, hence, the rising cost of doing business as a local government.

Some City of Leesburg Contracts may include a Price Escalation clause that is tied to either the Consumer Price Indes (CPI) or a specific Producers Price Index (PPI).  The historical and current data in this table may be used to calculate any such Price Escalations.

(Note: the consumer and producer price indexes are published monthly by the U.S. Department of Labor's Bureau of Labor Statistics. The PPI figure used is the number for all commodities. The municipal cost index incorporates the construction cost index, the consumer price index and the production price index.)

Consumer Price Index (CPI) Home at Bureau of Labor Statistics
Producer Price Indexes (PPI) Home at Bureau of Labor Statistics