Adopted Budget (Final Document)

CITY OF MORGAN HILL - CAPITAL IMPROVEMENT PROGRAM

355 - School Pedestrian & Traffic Safety- Streets and Roads

Fund Description The purpose for the School Pedestrian and Traffic Safety Fund has been to support enhancements within the City’s right-of way that improve safety near schools. Previously, Fund revenues were received from developers through the City’s RDCS. With the elimination of RDCS due to State legislation, no new funds are anticipated to be received through that process. The Fund accounts for resources and requirements for capital projects that support the City of Morgan Hill's school pedestrian safety needs. Projects utilizing these funds include street crossing safety improvements and warning notifications to motorists of school children presence. It is anticipated that funds will be exhausted within the next two years.

Project List

2022-23

2023-24 2024-25

2025-26

2026-27

2027-28

110020- Project Administration

$ 22,120 $ 29,000 $

- $

- $

- $

- - -

-

-

400,000

500,000

-

520023- Bike, Pedestrian & Traffic Safety

Totals $ 422,120 $ 529,000 $

- $

- $

- $

How this Fund Generates Money for Capital Investment Fees are paid by developers of properties. Payments to this Fund are no longer available as part of the Residential Development Control System (RDCS) competition, due to its elimination via State legislation. Minimal revenue will continue to be received for storm drainpipe front footage fees from developers. Funds will be programmed in the out years, spending down the fund balance to accomplish projects.

Limitations and Other Important Factors These funds are to be expended on projects that enhance the safety of streets near schools.

Goals for Capital Investment The goal for use of the fund during this period is that it shall be used to fund sidewalk repairs within .75 miles of a school.

Revenues- Other includes interest income. Expenditure- Other includes annual transfers-out to the General Fund for administration and infrastructure planning.

Six-Year Pro Forma

2021-22 YE 2022-23

2023-24 2024-25 2025-26 2026-27

2027-28

Fund 355- School Pedestrian & Traffic Safety

Projected

Beginning Fund Balance

$ 181,922 $ 40,982 $ 80,785 $ 23,974 $ 98,198 $ 118,130 $ 98,442

Revenues - Impact Fees (AB1600) Revenues - Non- AB1600 RDCS

-

-

-

-

- -

- -

-

481,984

491,909

94,625

39,700

804,569 276,200 1,200,000

Revenues - Other

307

808

240

982

1,181

984

Expenditures - CIP Projects

422,120 20,368

529,000

-

-

-

-

Expenditures - Other Ending Fund Balance

20,529

20,640

20,750

20,870

20,990

21,709

$ 40,982 $ 80,785 $ 23,974 $ 98,198 $ 118,130 $ 98,442 $ 78,436

pg. 18