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1M CrIn MUFAMKII In lum mom 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 plann Ir infrastructure finprovements. 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 f-Lmds dedicated for capital needs will be as follows: City of Rosevffle Enterprise Funds Cash Reserves - Capital (Revised) wm*� Cash Reserves. Financial ImDact Based • the projections noted above, the following table depicts the annual water, sanitary sewer, storm sewer, and recycling charges for a typical household: $519 1 555 1 593 1 634 1 677 1 724 1 774 1 828 1 886 1 948 1 $1,015 6 As shown M' the above table, over the next 10 years a typical household will m'cur an average mcrease of $49 or 9.5% annually on their utility bill. Green fees at the golf course will need to increase 7.51 F per year. Again, these increases can be mitigated somewhat if the City defers the replacement of some capital assets beyond 10 years.