Laserfiche WebLink
Water Fund - Projections <br />Water Fund Capital Cash Reserves <br />9,000,000 <br />8,000,00) <br />Target working capital segregated between operating and capital <br />• Operating: 3 months of operating expenses, including depreciation <br />• Capital: 3 months of operating expenses, including depreciation + next year's debt service <br />�'ZEHLERS <br />10 PUBLIC FINANCE ADVISORS <br />Take Away <br />1. Cash balance should be close <br />to or exceed target by 2030 <br />2. No bonding recommended <br />✓ Use of capital reserves for: <br />✓ $800,000 for Water booster <br />station in 2027 <br />✓ $1,500,000 for water tower <br />painting in 2032 <br />Page 61 of 78 <br />