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City of Roseville — 2012 Budget <br />Based on the projected cost increases and added revenues, the cash reserve levels for operations in the <br />City's enterprise -type functions are depicted in the following chart: <br />Reserve levels set aside for operations, while declining, will remain sufficient for the foreseeable future. <br />Capital Investment <br />The 2012 -2021 CIP identified approximately $33.4 million in asset replacement needs including the <br />replacement of vehicles, water and sanitary sewer mains, stormwater mains and retention ponds, and <br />golf course improvements. Again, significant utility rate increases were implemented in 2012 with <br />further increases in 2013. Significant increases will also be needed in the Golf Course operations in the <br />next few years. Thereafter, inflationary -type increases will be sufficient. <br />With the user fee increases, and following the asset replacement schedules identified in the CIP, the cash <br />reserves in the City's enterprise funds dedicated for capital needs will be as follows: <br />