Wednesday, January 30, 2008

NORD Cost of living Factor in question.


Bank of Canada

Last year the NORD Budget and the Water rates used a 2.5% Cost of Living factor. Please note the inflation rate of 2007 was much lower.

The City of Vernon used the adjusted factor of 1.7% in 2007.

The 2008 factor that the City of Vernon is unknown to me at this time.

The 2008 factor for NORD and GVSC water is unknown to me at this time.

I will post these rates when available.

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