CONTACT

Bureau of Business and
Economic Research
School of Business Administration
Gallagher Business Building,
Suite 231
32 Campus Drive #6840
Missoula, MT 59812-6840


Patrick Barkey

     Bureau Director

Larry Gianchetta

     Business School Dean

Gallagher Business Building, East entrance

CONSUMER PRICE INDEX (CPI)

Cost-of-Living Adjustment for County Officials' Salaries for Fiscal Year 2010-2011


Pursuant to Montana Code Annotated §7-4-2503 and §7-4-2504(1991), the cost-of-living adjustment is derived using the Consumer Price Index of all Urban Consumers (CPI-U) from the U.S. Department of Labor, Bureau of Labor Statistics (1982-84-100):

(A) Annual CPI-U index (annual average) for calendar year 2009: 214.5

(B) Annual CPI-U index (annual average) for calendar year 2008: 215.3

(C) Index point change for 2008 to 2009 [A - B]: 214.5 - 215.3 = -0.8

(D) Percent change in annual indexes from 2008 to 2009 [C / B]: -0.8/215.3 = -0.004 or -0.4 percent

(E) Cost-of-living adjustment factor -- 100 percent of the percent change in the annual index from 2008 to 2009 (efffective 7/1/10): -0.4 percent

Information about the Consumer Price Index (CPI)