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xx <br />xx <br />MH 11 3M <br />Financial hnpaacl <br />The CIP will have ■ substantial impact on utility customers and taxpayers. Assuming �Ll of the utility <br />systems items contam*ed in the UP are funded, the City's water, sardtary sewer, and stonn sewer rates <br />will increase approximately 2-3% each year for the next 10 years. This is in addition to any <br />The impact on property taxpayers is even eater. If all of the property tax-supported items contam6ed <br />gr <br />the CIP are fanded 'including-, vehicles, equipment, building improvements, and park improvements, <br />taxpayers can expect to pay 4-5 % more each year for the next 10 years. Again, this is in addition to any <br />I W <br />The combined financial impact to Roseville homeowners if all items contained in the CIP are fiinded <br />would result in an increase of approximately 5% per year above and beyond what they're currently <br />ffoaying in property taxes and utility charges. Again, these same homeowners will also face inflationary7: <br />pr!pe increases for general operations as well. <br />Por a single-family home with a property value of $235,000 and average water consumption, thii <br />approximate impact is as follows: <br />OUR"$ O"WORE <br />As the table indicates, a typical household would pay an additional $574 or % more in 2020 than it <br />does today if all items in the CIP are fanded. <br />�ffl <br />