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 : Traffic Signal and Intersection Improvements Project No. SR5003

Project Location

Financial Comments Funding for these improvements is obtained through the collection of traffic impact fees from developers. Future project funding for FY 2026-27 and later will be identified through the Transportation Master Plan, which is currently in development. Operating Cost Impacts New signals and improvements increase operating

Various Intersec�ons

costs for the Streets Maintenance Division. Additionally, signal maintenance costs are approximately $2,500 each annually.

Expenditure Schedule Annual Expenditures

2024-25

2025-26

2026-27

2027-28

2028-29

2029-30

Fund-309

1,500,000

3,000,000

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-

-

-

Project Cost $ 1,500,000 $ 3,000,000

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-

-

-

Estimated Project Schedule

Timeline for Completion

In progress FY 2024-25

Planning

Project Design

Right of Way/ Acquisition/Permitting

Not applicable

Construction

FY 2025-26 FY 2026-27

Project Close-out