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Business-Type Operations As highlighted earlier, the City’s business-typefunctions include a number of functions that are provided to allresidents and property owners including water and sewer services. However, they also include a number of functions that are somewhat voluntary in nature where residents make a conscious decision whether to utilize those services. These include the City’s community development, communications, and license center functions. Over the next 10 years, the City’s business-typeoperations are projected to collectively grow 2.9% per year, from $16.1million in estimated expenditures in 2018to $20.3million in 2027. This assumes that the City will continue providing the same programs and service levels as it currently does. The projections incorporate increases in personnel, supplies & materials, and other operating costs including technology- related equipment. These projections also include the following annualassumptions: 2-3% increase in personnel, supplies & other charges 2.75-3.5% growth in fees & permits 2% earnings on investments As suggested above, there will be an increasing reliance on fees & permitsto sustain business-type operations due to projected lower growth in non-fee/permit revenues as well as the need to eliminate the use of excess cash reserves beyond the next few years. Due to the diverse functions captured in the business-typeoperations, the impact on citizens and taxpayers will vary dependent on the fee-based services that are utilized. As a result, only the water & sewer operationalimpact for single-family homes will be measured. The water & sewer operationalimpact on single-family homeowners is depicted in the chart below. Water & Sewer Ratepayer Impact (Monthly) $35.00 $30.00 $25.00 $20.00 $15.00 $10.00 $5.00 $- 2018201920202021202220232024202520262027 As shown in the chart, a typical single-family home can expect to pay approximately 3% more each year in their water & sewer bills to sustain current operations. 83