Burlington Code § 18

Citation: Burlington Code § 18 (c)
Parent Document: Burlington Code ch. 18 art. III
Jurisdiction: Burlington (municipal)
Original Source: https://www.codepublishing.com/VT/Burlington/html/Burlington18/Burlington1803.html ↗

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(c) This two thousand five hundred dollar ($2,500.00) cost cap shall be annually adjusted by the program administrator equivalent to one hundred (100) percent of the annual change in the Consumer Price Index for All Urban Consumers (CPI-U) in the Northeast Region, to go into effect January 1 of every ensuing year. In no event shall the cost cap be less than two thousand five hundred dollars ($2,500.00). The program administrator shall maintain a record of the Consumer Price Indices used and shall provide public notice of this adjustment prior to the first day of December previous to the applicable January 1 and by posting a written notice of the adjusted cap in a prominent place in the office of the Burlington electric department, a prominent place in City Hall, and a prominent place in the office of the department of permitting and inspections.

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