Laserfiche WebLink
2410 — 2019 Financial plan <br />Based on the projected cost increases and added revenues, the cash reserr�e levels for aperations <br />in the City's enterprise-type funciions are depicted in the following chart: <br />City of Roseville Enterprise Fund Cash <br />Reser�es - Operations , <br />�� �l,sao�aoo � ---- <br />$1,000,000 <br />$500;000 � <br />$- -� <br />_�______�__�_.__�________�___ ______.______, <br />I3 : <br />3 : <br />_. _ -- - - _ . ----- <br />2010 2011 2012 2013 �014 2015 2016 2017 2018 2019 <br />--�-- Cash Reserves ' <br />Ca.pital InvEStm.ent <br />The 2p09-201 S CIl' identified approximately $Z6.9 n��llion in asset repIacement needs includi��g <br />the replacement of vehicles, water and sanitary sewer mains, stormwater rr�ains atld retention <br />ponds, and golf course irnprov�nlents. By conirast, using the currei�t funding source of asset <br />depreciation char�;es, only $$.5 million of avaiIable manies were identified, leaving a fuiiding <br />gap of $18,4 n��llion ovei° the next 10 years. If existing reserves in the �nterprise funds are aIso <br />applied, the funding gap di�ops to $12.7 million over the next 10 years. <br />Based on the C�P, the City will exllaust its dedicated asset replacement funds %r its enterprise- <br />typE operations by 2014. This is depicted in tl�e following chart. <br />� City of Roseville Enterprisc �"unds <br />! Cash Resexwes - Capifal <br />� $10 <br />c <br />° $5 <br />'�. <br />� $- <br />�(5) <br />$(� 0) <br />$(15) <br />, . ___ _ __.. _ _ _ _ ------ —__ <br />__ _ __ __--- � ���3� <br />2010 2011 2012 ZQ13 2014 2015 2016 Z0� 7 20l S 2019 <br />' � Cash ReservesJ <br />4 <br />