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Findings <br />1. Cash balances in good position <br />• Water Fund: Continues to build reserves to meet minimum by 2030 <br />• Sewer & Storm Drainage Funds: Have met minimum reserve goals <br />2. Capital needs can be paid with cash <br />3. Water base / meter charge covers fixed costs of system <br />4. No significant changes required to base meter charge or rates <br />• Only minimal increase in base meter charge and rates for Water Fund <br />�'ZEHLERS <br />10 PUBLIC FINANCE ADVISORS <br />Page 58 of 78 <br />