California Department of Resources Recycling and Recovery (CalRecycle) 

Financial Assurances-Inflation Factor Report: Solid Waste Landfills

To: All Operators/Owners of Solid Waste Landfills

Title 27, California Code of Regulations, Division 2, Subdivision 1, Chapter 6, Subchapter 3, Article 1, section 22236, requires you to submit a report to the California Integrated Waste Management Board (CIWMB). The report calculates the inflationary increase in the closure and/or postclosure maintenance and/or corrective action cost estimates for the previous calendar year.

Based on information obtained from the U.S. Department of Commerce, Bureau of Economic Analysis, Table 4, dated May 2004, the inflation factor for 2003 is 1.017 (1.7%). Please complete the form on the reverse side of this letter for each active and/or inactive landfill you own and/or operate, and return it to the Financial Assurances Section at the above address by June 1, 2004. We are providing this form for your convenience.

Following are previous years’ inflation factors:

  • 1989: 1.041
  • 1990: 1.054
  • 1991: 1.036
  • 1992: 1.033
  • 1993: 1.026
  • 1994: 1.020
  • 1995: 1.024
  • 1996: 1.020
  • 1997: 1.020
  • 1998: 1.010
  • 1999: 1.015
  • 2000: 1.021
  • 2001: 1.022
  • 2002: 1.011

If you have not made the previous years’ adjustments, please do so before calculating the 2004 adjusted total cost estimates. Apply the inflation factor for 1989 to your 1988 initial certified total closure and postclosure maintenance cost estimates. Apply subsequent inflation factors to the previous year’s total cost estimate.

Disregard the cost estimate information in this notice if you recently revised your estimates due to changes in your closure and/or postclosure maintenance plans and/or corrective action plan, and the revised estimates reflect 2004 dollars.

Information regarding the total and remaining permitted capacity at your landfill(s) will be requested under a separate mailing.

If you have any questions regarding this report, please contact Ms. Jonalyn Bajurin of the Financial Assurances Section at (916) 341-6715.  Thank you for your cooperation.


Original signed by:

Garth C. Adams, Manager
Financial Assurances Section
Facilities Operations Branch
Permitting and Enforcement Division

cc: Local Enforcement Agencies
      Regional Water Quality Control Boards

Annual Inflation Factor 2003

Facility Name: ______________________________________________

Facility No.: _________________________________

Multiply each cost estimate by the inflation factor to determine the new adjusted cost estimates as illustrated below.

The ABC Landfill’s cost estimate for closure in 2003 was $2,000,000. Using the 2003 inflation factor of 1.017, they recalculated their adjusted closure cost for 2004 to $2,034,000. Their 30-year cost estimate for Postclosure maintenance in 2003 was $1,500,000. Using the 2003 inflation factor of 1.017, their adjusted postclosure maintenance cost for 2004 is $1,525,500. Their cost estimate for corrective action in 2003 was $1,000,000.

Closure estimate                           $2,000,000                    X1.017                    =                    $2,034,000
30-year Postclosure estimate         $1,500,000                    X1.017                    =                    $1,525,500
Corrective Action                           $1,000,000                    X1.017                    =                    $1,017,000

Using the 2003 inflation factor of 1.017, they recalculated their Adjusted Corrective Action Cost for 2004 to $1,017,000.

Using the inflation factor for 2003, calculate the following:

$ __________________________      X   1.017      =      $ __________________________
             Closure Costs                                                     Estimate in 2004 Dollars

$ __________________________      X   1.017      =      $ __________________________
Annual Postclosure Costs X 30 Years                                Estimate in 2004 Dollars

$ __________________________      X   1.017      =      $ __________________________
        Corrective Action Costs                                            Estimate in 2004 Dollars

I certify under penalty of perjury under the laws of the State of California that the information in this document is true and correct to the best of my knowledge and is being provided in accordance with the regulations.

Operator/Owner Signature:

Title of Person Signing:

Printed Name of Person Signing:

Mailing Address:

Phone Number:

Date of Report:

Thank you for providing this information.

Last updated: September 30, 2004
Financial Assurances,
Richard Castle: