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The Producer Price Indices for pit run and for construction sand, gravel, and crushed stone <br />were reviewed to determine the change between July 2012 and May 2014 (the latest <br />available information). <br />Category <br />July 2012 Index <br />May 2014 Index <br />Percent Change <br />Construction sand, <br />274.4 <br />290.5 <br />+6.0% <br />gravel, and crushed <br />(per short ton) <br />(per short ton) <br />stone <br />$0.62 <br />6.0% <br />$0.66 <br />The table below presents the values for 11/2" road base and %" road base as determined in <br />the district -wide appraisal. It also presents the Producer Price Index adjustment rate and <br />the new appraisal rate. <br />Category <br />July 2012 Appraisal <br />Producer Price <br />Amended Appraisal <br />Value <br />Index Adjustment <br />Value <br />(per short ton) <br />(per short ton) <br />Construction sand, <br />$0.62 <br />6.0% <br />$0.66 <br />gravel, and crushed <br />stone (Road base <br />11/2" -3% „) <br />7 <br />