2010 Approved Budget - Laserfiche WebLink

Home

City of Roseville — 2010 Budget need to increase by 3 -5% annually over the next 10 years. This is above and beyond any increase that will be needed to offset increasing operational costs. Green fees at the Golf Course will need to increase by 4.5% annually to afford planned infrastructure improvements. These user fee increases can be somewhat mitigated if the City defers some capital replacements. However, this will likely necessitate greater investment in asset maintenance. With the user fee increases, and following the asset replacement schedules identified in the CIP, the cash reserves in the City's enterprise funds dedicated for capital needs will be as follows: Financial Impact Based on the projections noted above, the following table depicts the annual water, sanitary sewer, storm sewer, and recycling charges for a typical household: Annual Household Utilitv Bill $ 519 1 555 1 593 1 634 1 677 1 724 1 774 1 828 1 886 1 948 1 $ 19015 As shown in the above table, over the next 10 years a typical household will incur an average increase of $49 or 9.5% annually on their utility bill. Green fees at the golf course will need to increase 7.5% per year. Again, these increases can be mitigated somewhat if the City defers the replacement of some capital assets beyond 10 years. :•