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Roseville Finance Commission <br />Agenda Item <br /> <br />Page 6 of 11 <br /> <br />Analysis of Asset Replacement Funds: Fee Supported <br />The following table summarizes the City’s fee-supported asset replacement funds along with their <br />funding status based on current revenues, existing cash balances, and projected expenditures. <br /> <br />5-Year 10-Year 20-Year <br />Fee-Supported Funding Funding Funding <br />Capital Replacement Fund Status Status Status <br />Communications 611%125%75% <br />License Center 587%115%133% <br />Community Development 2287%1033%683% <br />Water 106%108%98% <br />Sanitary Sewer 87%96%108% <br />Storm Sewer 96%92%92% <br />Golf Course 87%23%16% <br />As shown in the table above, most fee-supported capital funds are in good financial condition with the <br />exception of the Sanitary Sewer and Golf Course Fund. The Golf Course Fund will be unable to provide <br />for the scheduled replacement of the clubhouse and maintenance building improvements. A graphical <br />depiction of the Golf Course’s capital replacement fund excluding the Clubhouse is shown below. <br /> <br /> <br />The City Council is currently evaluating options for replacing the clubhouse and perhaps maintenance <br />building. <br /> <br />The city’s water, sanitary sewer, and storm sewer funds will continue to require regular rate increases to <br />provide for infrastructure replacement needs. In particular, the Sanitary Sewer Fund will likely require <br />a base rate increase of 9-10% over the next few years. <br /> <br /> <br /> $(1,200,000) <br /> $(1,000,000) <br /> $(800,000) <br /> $(600,000) <br /> $(400,000) <br /> $(200,000) <br /> $- <br /> $200,000 <br /> $400,000 <br /> $600,000 <br />2018 2021 2024 2027 2030 2033 2036 <br />Golf Course Capital Replacement Fund <br />Revenues Expenditures Cash Balance