Annual adjustment of household income limitation

Beginning retroactively to January 1, 2001, and annually thereafter, the twenty thousand dollars ($20,000.00) household income limitation provided for in this article shall be adjusted by the percentage change in the average cost-of-living index in the period January 1 through December 31 of the immediate prior year compared with the same period for the year prior to that year. The index is the average of the monthly consumer-price index figures for the stated twelve-month period, relative to the United States as a whole, issued by the United States Department of Labor.

(Ord. No. 2001-260, § 1, 11-18-01)