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

304 - Local Drainage/Non AB 1600- Storm Drainage

Fund Description The purpose of the Local Drainage Fund (non-AB1600) is to support repairs and enhancements to the City’s storm drainage system. Previously, 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. Limited funding from developers of properties through frontage fees will continue to be collected and the funds may be used for the design, construction, and maintenance of storm drains.

Project List

2024-25 2025-26 2026-27 2027-28 2028-29 2029-30

PF2006- Project Administration

$

12,008 $

12,299 $

13,257 $

11,168 $

19,152 $

18,116

SD4002 - Storm System Repairs & Improvement SD4007 - Citywide Small Trash Capture Project

250,000 240,000

250,000

100,000

100,000

100,000

100,000

- - $ 502,008 $ 262,299 $ 113,257 $ 111,168 $ 119,152 $ 118,116 - - -

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. Frontage fees are collected from development when the City has previously installed a storm drain system on the frontage of a property being developed. Funds will be programmed in the out years spending down the fund balance to accomplish projects.

Limitations and Other Important Factors These funds are for the design, the construction, and maintenance of the City's storm drain system.

Goals for Capital Investment The goals for the use of this fund are to improve existing storm drainage systems and to mitigate existing capacity deficiencies for property frontage. Revenues- Other includes interest income and frontage fees. Expenditure- Other includes annual transfers-out to the General Fund for administration.

Six-Year Pro Forma

2023-24 YE 2024-25

2025-26

2026-27

2027-28

2028-29

2029-30

Fund 304- Local Drainage Non AB1600

Projected

Beginning Fund Balance Revenues - Impact Fees

$ 1,343,736 $ 1,023,768 $ 769,889 $

532,717 $ 438,997 $

344,095 $

237,845

-

-

-

-

-

-

-

Revenues - Other

61,000 377,951

251,296 502,008

28,357

22,868 113,257

19,696 111,168

16,432 119,152

13,048 118,116

Expenditures - CIP Projects

262,299

Expenditures - Other

3,017

3,168

3,230

3,330

3,430

3,530

3,640

Ending Fund Balance $ 1,023,768 $

769,889 $

532,717 $

438,997 $

344,095 $

237,845 $

129,137