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Storm Drainage Fund - Projections <br />Storm Drainage Fund Capital Cash Reserves <br />9,000,000 <br />8,000,000 <br />7,000,000 <br />6,000,000 <br />5,000,000 <br />4,000,000 <br />3,000,000 <br />2,000,000 <br />1,000,000 <br />0 <br />2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 <br />11125% Target minimum working capital for operations ■25% Target minimum working capital for capital ■ Actual working capital <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. 2023 & 2024 rate increases <br />had desired effect <br />2. Capital projects $4.OM less <br />than previous update so City <br />has capacity to increase <br />protects, if desired <br />3. 2022 & 2023 Actuals better <br />than projections <br />Page 65 of 78 <br />