South Carolina Code of Regulations
Chapter 61 - DEPARTMENT OF HEALTH AND ENVIRONMENTAL CONTROL
Subchapter 61-79 - Hazardous Waste Management Regulations
Part 61-79.264 - STANDARDS FOR OWNERS AND OPERATORS OF HAZARDOUS WASTE TREATMENT, STORAGE, AND DISPOSAL FACILITIES
Subpart FF - Fees for the Electronic Hazardous Waste Manifest Program
Section 61-79.264.FF.1313 - User fe e revisions
Current through Register Vol. 48, No. 9, September 27, 2024
(a) Revision schedule.
(b) Inflation adjuster. The second year of each two-year fee schedule shall be adjusted for inflation by using the following adjustment formula:
Feei Year2 = Feei Year1 × (CPIYear2-2/CPIYear2-1)
Where:
FeeiYear2 is the Fee for each type of manifest submission "i" in Year 2 of the fee cycle;
FeeiYear1 is the Fee for each type of manifest submission "i" in Year 1 of the fee cycle; and
CPIYear2-2/CPIYear2-1 is the ratio of the CPI published for the year two (2) years prior to Year 2 to the CPI for the year one (1) year prior to Year 2 of the cycle.
(c) Revenue recovery adjusters. The fee schedules published at two-year intervals under this section shall include an adjustment to recapture revenue lost in the previous two-year fee cycle on account of imprecise estimates of manifest usage. This adjustment shall be calculated using the following adjustment formula to calculate a revenue recapture amount which will be added to O & M Costs in the fee calculation formula of section 264.1312:
Revenue Recapturei = (NiYear1 + NiYear2)Actual - (N iYear1 + NiYear2)Est × Feei(Ave)
Where:
Revenue Recapturei is the amount of fee revenue recaptured for each type of manifest submission "i;"
(NiYear1 + NiYear2)Actual - (NiYear1 + NiYear2)Est is the difference between actual manifest numbers submitted to the system for each manifest type during the previous two-year cycle, and the numbers estimated when we developed the previous cycle's fee schedule; and
Feei(Ave) is the average fee charged per manifest type over the previous two-year cycle.