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65 and chart below. <br />2023-2042 <br />City FunctionCIP Amount% of Total <br />General Services$ 4,757,1452% <br />Public Safety 17,851,1959% <br />Facilities 14,722,2007% <br />Streets & Pathways 51,424,20525% <br />Water & Sewer 94,729,50046% <br />Parks & Recreation 22,976,50011% <br />Total$ 206,460,745100% <br />66 <br />67 <br />68 In contrast to the projected CIP spending of $206.3 million, the City expects to have $197 million <br />69 available over that same time period based on increased funding andprojected cash reserve levels; <br />70 leaving a projected funding surplus of $8.6 milliontwenty years from now. However, this includes $2.6 <br />71 million of cash reserves in community development that can only be used for activities in that division. <br />72 It should be noted that this projection, as well as those that follow, represents a snapshot in time andis <br />73 accompanied by a number of assumptions. Over time, the projection carries decreasing accuracy. <br />74 <br />75 For both legal and planning purposes, the City has created a number of separate capital replacement <br />76 funds to promote greater transparency and accountability. This necessitates a review of individual funds <br />77 to determine whether they’re financially sustainable. A review of the asset replacement funds <br />78 categorized by property tax-supported and fee-supported is presented below. <br />79 <br />80 Analysis of Asset Replacement Funds:Property Tax-Supported <br />81 The chart below depicts the 20-year CIP financial activity for the property tax-supported asset <br />82 replacement funds without additional levy. <br />83 <br />84 <br />85 <br />86 While the overall funding of tax-supported capital funds is sufficient over the next 20 years, individual <br />87 funds require an infusion of levy dollars in the next few years. <br />88 <br />89 <br />90 <br />91 <br />Page 3 of 13 <br /> <br />