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COM 0502.001 2006-2008
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COM 0502.001 2006-2008
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Last modified
5/13/2008 5:38:07 PM
Creation date
5/8/2008 6:10:53 PM
Metadata
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Communications
Communications - Type
COM
Communications - Council Term
2006-2008
Communication
0502
Point
001
Author
Jiro A. Sumada, Deputy director
Communications - Referred To
COUNCIL
Comments
Presented: Council - 7/25/07
Document Relationships
AGE COUNCIL 2007/07/25 2006-2008
(Related)
Path:
\Council Records\Agendas\2006-2008\Council
BIL 119 Draft 01 2006-2008
(Related)
Path:
\Council Records\Bills\2006-2008
COM 0502.000 2006-2008
(Related)
Path:
\Council Records\Communications\2006-2008
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Substituting the above into the following formula: <br /> East Hawaii AC purchases after fund transfer West Hawaii AC purchases with fund transfer <br /> East Hawaii baseline AC purchases West Hawaii baseline AC purchases <br /> Results in: <br /> ($E - X)l CE l$W + X)l~W ($E - X) ($W + X) <br /> ~ _ ~ <br /> $EICE $W/CE $ECE $WCW <br /> /($E - X)$WCW=($W + X)$ECE ~ <br /> l$W$E)CW - X($W CW)-($W$E)CE + Xl$E CE) ~ <br /> $W$E (CW - CE)- X[($ECE)+ ($W CW <br /> Solving for X results in the Cost Adjustment Formula (CAF): <br /> $W$E(CW - CE) <br /> Substituting the following values into the CAF: <br /> $w = $ 767,511 (See attached Table 1, Total Column H) <br /> $E _ $2,832,489 (See attached Table 1, Total Column E) <br /> CW = $83.70/ton Mix 4 (Contractual Price) <br /> CE _ $60.00/ton Mix 4 (Contractual Price) <br /> Results in: <br /> X- 767,511 x 2,832,489 x (83.70- 60.00) = 5220,005 <br /> (60.00 x 2,832,489) + (83.70 x 767,511) <br /> Therefore: <br /> West Hawaii Adjusted Allotment = $ 767,511 + $220,005 = $ 987,516 <br /> East Hawaii Adjusted Allotment = $2,832,489 - $220,005 = $ 2,612.484 <br /> Attached Table 2 redistributes the Adjusted Allotments back into the respective districts. <br /> <br /> F[x Adjustment 2.wpd (8/1/05) Page 2 of 2 <br /> <br />
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