Rules & Regulations of the State of Tennessee
Title 0780 - Commerce and Insurance
Subtitle 0780-05 - Division of Regulatory Boards
Chapter 0780-05-09 - Cemeteries
Section 0780-05-09-.03 - BUREAU OF LABOR STATISTICS CPI-U ANNUAL AVERAGES

Universal Citation: TN Comp Rules and Regs 0780-05-09-.03

Current through September 24, 2024

(1) The Bureau of Labor Statistics CPI-U annual averages can be accessed at the web site http://stats.bls.gov/cpi. The following tables contain the annual averages and percentage changes in annual averages for computation of consumer price index adjustments to the installation and memorial care fees:

Base Period 1967 = 100

Year Annual Average Percentage Change in Annual Average
1980 246. 8
1981 272.4 10.4%
1982 289.1 6.1%
1983 298.4 3.2%
1984 311.1 4.3%
1985 322.2 3.6%
1986 328.4 1.9%
1987 340.4 3.7%

Base Period 1982-84 = 100

1987 113. 6
1988 118.3 4.1%
1989 124.0 4.8%
1990 130.7 5.4%
1991 136.2 4.2%
1992 140.3 3.0%
1993 144.5 3.0%
1994 148.2 2.6%
1995 152.4 2.8%
1996 156.9 3.0%
1997 160.5 2.3%
1998 163.0 1.6%
1999 166.6 2.2%
2000 172.2 3.4%
2001 177.1 2.8%
2002 179.9 1.6%
2003 184.0 2.3%
2004 188.9 2.7%
2005 195.3 3.4%
2006 201.6 3.2%

(2) The following rules apply when a cemetery owner calculates either a commodity installation fee in accordance with T.C.A. § 46-2-101(b) or a fee for memorial care. Calculations shall be rounded to the nearest cent.

(a) If the commodity is an erect or flat marker and requires the use of a base, the calculation shall be based upon the ground covered by the base only.

(b) Beginning with the December 31, 1981 calculation, the annual calculations shall use the CPI-U table contained in this rule, with the base period of 1967=100. The initial fee of $0.10 shall be multiplied by the percentage change from the 1980 annual average to the 1981 annual average. That product shall be added to the initial fee of ten cents ($0.10) to obtain the fee for 1982. Each subsequent year's calculation shall employ the same method, regardless of the baseperiod of the table then in use.

(c) Beginning with the December 31, 1988 calculation, the annual calculations shall use the CPI-U table contained in this rule, with the base period of 1982-84=100. The values for both the 1988 annual average and the 1987 average shall come from this table.

(3) The methods of adjustment listed in subparagraphs (2)(b) and (c) above shall also be used by the Commissioner in adjusting procurement costs pursuant to T.C.A. § 46-1-207(e)(1). These calculations shall be rounded to the nearest dollar.

Authority: T.C.A. §§ 46-1-204(c), 46-1-206, 46-1-207(e)(1), 46-1-301(b) and 46-2-101(b)(2).

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