Unless specified otherwise by resolution or ordinance approved by the town council following such review, utility rates specified in CMC 13.95.010 and 13.15.020 shall be adjusted annually, as of the December usage period, to be reflected on the first billing statement in January, commencing with the usage period described in CMC 13.95.030. Utility rates automatically adjusted shall be adjusted by the same percentage as the annual percentage change published by the Bureau of Labor Statistics for September of the prior year for the Consumer Price Index (CPI-U, all items, West Region, index period 1982-84=100), or if discontinued, the then-published CPI closest thereto. (For example, an automatic adjustment to be implemented for 2024 would be based upon the annual West Region CPI-U, all items, for the 12 months ended September 2023.)

These periodic rate revisions may be adopted by resolution of the town council. (Ord. 662 § 3, 2022; Ord. 601 § 5, 2017)