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City of Roseviffie — 2011 Budget <br />Enterprise Operations <br />The City's enterprise or business-type operations include the City's water, sanitary sewer, storm sewer., <br />solid waste recycling, and golf course operations. They are categon'zed as enterprise operations because <br />they are run much like a private, stand-alone business that is sustained solely by the direct revenues they <br />receive. These operations do not, receive any property tax monies,, <br />Enterprise operations are funded by user fees, a portion of which is set aside for future capital <br />replacements. The remaining is used for day-to-day operations. For financial planning purposes, thir <br />City looks at operations and capital investments separately. The financial plan for each of thes(k <br />categories is discussed in greater detail below. <br />Personnel costs - 5% thru 2012; and 4% thereafter <br />Supplies and materials - 3% <br />**e Other services and charges - 3% <br />Cash reserves held in the enterprise funds are expected to generate an investment return of 5% annually <br />which can be used to partially offset operational costs. <br />Additional user fee increases will be needed to offset capital investment needs. These increases ari <br />1 0. <br />iscussed 'in greater detail below. <br />83 <br />