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Attachment <br />Storm Drainage Fund - Projections <br />1,200,000 <br />1,000,000 <br />800,000 <br />600,000 <br />400,000 <br />200,000 <br />0 <br />Storm Drainage Fund <br />Comparison of Targeted vs. Projected Cash Balances <br />2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 <br />u Targeted Working Capital ■ Actual Working Capital <br />Target working capital = 6 months of operating expenses, including <br />depreciation + next year's debt service (if applicable) <br />10/19/2020 <br />rE: <br />Take Away <br />1. Cash balance should exceed <br />target by 2024 <br />2. No bonding recommended <br />