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00 7/1/15 2. 00 7/1/16 TBD Vacaville 2. 15 9/1/15 1. 50 - 4. 00 1/1/17 Tracy 4. 00 7/1/17 Manteca 7/1/15 - 6/30/19 2. 0 - 4. 0 range though there are regional variations Central Valley and Central Coast for example where more moderated wage growth is still the norm Inflation expectations remains low for duration of 2016 and are forecast to be moderate in 2017 and 2018 Inflation Forecast National Inflation Forecast Avg 2016 2020 5-Yr Avg 10-Yr Avg Source Third Quarter 2016 Survey of...

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