Adopted Capital Improvement Program Budget FY 2024-25 through FY 2029-30

City of Morgan Hill Capital Improvement Program FY 2024-25 – FY 2029-30

Project Name: Non- Profit Center

Project No. PR1014

Project Location

Financial Comments No funds have been expended on this project in previous fiscal years, however, $810,000 is allocated in FY 2023 -24 for the required purchase of the building.

Community and Cultural Center

Operating Cost Impacts The City will require non-profits or other recreational use or rental of the new facility to cover all costs associated with the facility, which will result a positive net impact on the General Fund.

Expenditure Schedule Annual Expenditures

2024-25

2025-26

2026-27

2027-28

2028-29

2029-30

Fund-360

500,000

-

-

-

-

-

$ 500,000

-

-

-

-

-

Project Cost

Estimated Project Schedule

Timeline for Completion

Complete Complete

Planning

Project Design

Right of Way/ Acquisition/Permitting

Complete

Construction

In Progress. Tenant Improvements FY2024-25

Project Close-out

FY 2024-25 & 2025-26