The impact of inflation
The Municipal Price Index — the impact of providing municipal services - is going up at a rate that exceeds the Consumer Price Index (CPI).
The Consumer Price Index measures the average (annual) increase in the price of goods and services that a typical household would purchase over the year, e.g. food, shelter, clothing, automobile, entertainment, etc.
The Municipal Price Indes measures the average increase in the price of goods and services that HMR would purchase over the year, e.g. fuel, electricity, road salt, repair & maintenance costs.
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