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City of Roseville — 2012 Budget Financial Impact The CIP will have a substantial impact on utility customers and taxpayers. Assuming all of the utility systems items contained in the CIP are funded, the City's water, sanitary sewer, and storm sewer rates will increase approximately 60% over the next 20 years. This is in addition to any inflationary -type increases that will be needed to sustain day -to -day operations. The impact on property taxpayers is even greater. If all of the property tax - supported items contained in the CIP are funded including; vehicles, equipment, building improvements, and park improvements, taxpayers can expect to pay 4 -5% more each year for the next 20 years. Again, this is in addition to any inflationary -type increases that will be needed for day -to -day operations. This assumes that all property tax - supported capital items will be funded through systematic increases in the annual property tax levy, and that no other alternative funding sources are captured. In addition, it also assumes that all existing assets will be replaced with something similar at the end of their useful lives. It is likely that some assets will be retired with no intent of replacing it. The combined financial impact to Roseville homeowners if all items contained in the CIP are funded would result in an increase of approximately 3.7% perms above and beyond what they're currently paying in property taxes and utility charges. Again, these same homeowners will also face inflationary - type increases for general operations as well. For a single - family home with a property value of $235,000 and average water consumption, the approximate impact is as follows: $ 931 1 1,000 1 1,075 1 1,155 1 1,241 1 1,335 1 1,436 1 1,545 1 1,663 1 1,791 1 1,929 As the table indicates, a typical household would pay an additional $998 or 107% more in 2031 than it does today if all items in the CIP are funded. 81