The document discusses upcoming waste management contract updates including a 0.51% increase in rates due to a rise in the Consumer Price Index, a $0.07 monthly increase for residential services. It also notes a 0.30% increase due to an increase in Riverside County's tipping fee, bringing the monthly residential increase to $0.11. The updates also include small commercial rate increases and plans for future 5-year inflationary adjustments tied to CPI and disposal cost changes with 30 days notice.