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Agenda 01-26-2018 Attachment 1 - Long Term Budget Forecast
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Agenda 01-26-2018 Attachment 1 - Long Term Budget Forecast
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1/23/2018 3:41:11 PM
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1/23/2018 3:49:24 PM
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BOCC
Date
1/26/2018
Meeting Type
Special Meeting
Document Type
Agenda
Agenda Item
Attachment 1
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Agenda - Retreat - 01-26-2018
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\Board of County Commissioners\BOCC Agendas\2010's\2018\Agenda - 01-26-2018 Retreat
Minutes 01-26-2018 Retreat
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Path:
\Board of County Commissioners\Minutes - Approved\2010's\2018
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6% <br />5% <br />4% <br />3% <br />2% <br />1% <br />0% <br />-1% <br />Consumer Price Index <br />South -Size Class A -Urban Consumers <br />85 87 89 91 93 95 97 99 01 03 05 07 09 11 13 15 17 <br />• Consumer Price Index is used as <br />general measure of inflationary <br />pressures on wages and other costs <br />• CPI relatively stable over past 20 <br />years <br />20 -year average is 2.20% <br />10 -year average is 1.85% <br />• Federal reserve's target goal is 2% <br />• Forecast assumes 2% annual growth <br />rate in inflation <br />
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