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: Pavement Rehabilitation

Project No. SR5004

Project Location

Financial Comments Funding includes revenues from Valley Transportation Authority Sales Tax (2016 Measure B), State Gas Tax Funds, Genera l Fund contributions and various other funding sources.

Citywide

Operating Cost Impacts Pavement rehabilitation reduces overall maintenance cost as affected streets are improved and require less significant maintenance.

Expenditure Schedule Annual Expenditures

2024-25

2025-26

2026-27

2027-28

2028-29

2029-30

Fund-308

4,000,000

7,000,000

3,250,000

3,250,000

3,250,000

3,250,000

Project Cost $ 4,000,000 $ 7,000,000 $ 3,250,000 $ 3,250,000 $ 3,250,000 $ 3,250,000

Estimated Project Schedule

Timeline for Completion

Ongoing

Planning

Annually for each year

Project Design

Right of Way/ Acquisition/Permitting

Not applicable

Construction

Annually in the Summer and Fall

Project Close-out

Annually each Spring