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• <br /> EXHIBIT E <br /> Sample CPI Adjustment to Present Value <br /> The following example illustrates how the CPI data shall be used to calculate the <br /> present value of historic Ditch, Pond and Canal Operating Costs for a particular year <br /> ("Year X"). For purposes of this example the following values are used: (i) "Year X" equals <br /> 2014; (ii)the "Present" equals June 2019; and(iii)the historic Ditch, Pond and Canal <br /> Operating Cost for 2014 equal $98,439. <br /> Step A: Calculate the percentage change in the CPI between Year X and the Present, as <br /> follows: <br /> (1) Take the CPI for the Present(the most recently published annual 271.089 <br /> CPI is for 2018) <br /> (2) Take the annual CPI for 2014 246.018 <br /> (3) Divide the Present CPI by the 2014 CPI 271.089 ±246.018 <br /> (4) The result is the CIP adjustment factor. 1.102 <br /> Step B: Apply the percentage change in the CPI to the historic Ditch, Pond and Canal <br /> Operating Cost for 2014, as follows: <br /> (1) Take the actual Ditch,Pond and Canal Operating Cost for 2014 $98,439 <br /> (2) Take the CPI adjustment factor from Step A(4), expressed in 110.2% <br /> percent. <br /> (3) Multiply the actual Ditch, Pond and Canal Operating Cost for <br /> 2014 by the CPI adjustment factor to get the result equal to the Ditch, <br /> Pond and Canal Operating Cost for 2014, adjusted to Present value. $108,480 <br /> [The remainder of this page is intentionally left blank.] <br /> INTERLOCAL AGREEMENT REGARDING INCREASED HILLSIDE RUNOFF IN pg.27 <br /> THE MARSHLAND DRAINAGE BASIN DUE TO UPLAND DEVELOPMENT 09/09/2019 <br />