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Lighting Fund
<br />Vehicle and Equipment Fund
<br />This fund is now sustainable.
<br />.
<br /> No work required in the next budget cycle
<br />Before Additions to Fund
<br />After 2013 Additions to Fund
<br />2014-2033 Vehicle & Equipment Funds
<br />2014-2033 Street Lighting Fund 2014-2033 Street Lighting Fund - REVISED
<br /> $3,500,000
<br /> $60,000
<br /> $250,000
<br /> $3,000,000 $50,000
<br /> $200,000
<br /> $40,000
<br /> $2,500,000
<br /> $30,000
<br /> $150,000
<br /> $2,000,000
<br /> $20,000
<br /> $1,500,000
<br /> $100,000
<br /> $10,000
<br /> $1,000,000
<br /> $-
<br /> $50,000
<br /> $500,000
<br />2014201620182020202220242026202820302032
<br /> $(10,000)
<br /> $-
<br /> $-
<br /> $(20,000)
<br />2014201620182020202220242026202820302032
<br />2014201620182020202220242026202820302032
<br />$(500,000)
<br /> $(30,000)
<br /> $(50,000)
<br /> $(1,000,000)
<br />Funding ExpendituresCash Reserve
<br />Funding ExpendituresCash Reserve
<br />Funding ExpendituresCash Reserve
<br />This fund is sustainable due to funding decisions made last year
<br />.
<br />Cedarholm Golf Course Fund
<br />Remember That Gap!
<br />2014-2033 Golf Course Funds
<br /> $1,500,000
<br /> $1,000,000
<br /> $500,000
<br /> $-
<br />Remember, there was a gap that didn’t get fixed
<br />2014201620182020202220242026202820302032
<br /> $(500,000)
<br />in 2012, the $69 million.
<br /> $(1,000,000)
<br /> $(1,500,000)
<br />Funding ExpendituresCash Reserve
<br />Remember “sustainability.”
<br />The Golf Course is an enterprise fund, a fund that is supposed to
<br />support itself. This fund is currently keeping up with its daily operational
<br />expenses and has about $300,000.00 in cash reserves. The reserves,
<br />Remember “inflationary increase.”
<br />however, are insufficient to cover the replacement of the clubhouse and
<br />maintain the current building. It will need an annual subsidy of
<br />$110,000.00 over the next ten years to reach sustainability or a
<br />
<br />combination of increased fees and subsidy.
<br />
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