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3,000,000 <br />2,500,000 <br />2,000,000 <br />1,500,000 <br />1,000,000 <br />500,000 <br />0 <br />3,000,000 <br />2,500,000 <br />2,000,000 <br />1,500,000 <br />1,000,000 <br />500,000 <br />0 <br />ERMU Water Utilities Cash Reserves <br />July 2011 Projection Version 1 <br />ERMU Water Utilities Cash Reserves <br />July 2011 Projection Version 1 versus Version 2 <br />2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 <br />r Target Cash ^ Version 1 (Ju~ ly 201 j <br />2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 <br />'~ r Target Cash _ ^ Version 1 (July 2011)_ ^ Version 2 (slim Tier 3) <br />