City of Morgan Hill Adopted Budget FY 2016-17 and FY 2017-18

 CITY OF MORGAN HILL  FY 16-17 and 17-18  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 16-17 and 17-18  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 16-17 and 17-18  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL 

General Fund Five-Year Projections (continued)

REVENUE DETAIL

14-15

15-16

16-17

17-18

18-19

19-20

20-21

Actual

YE Projection

Adopted 6,313,000 3,333,000

Adopted 6,341,000 3,450,000

Forecast 6,658,000 3,571,000

Forecast 6,820,000 3,696,000

Forecast 7,080,000 3,825,000

Property Tax

6,144,469 2,991,194

6,454,000 3,194,000 296,000 9,261,200

VLF In-Lieu Property Tax

RDA Pass-Thru

245,013

315,000

323,000

331,000

341,000

351,000

Sales Tax

8,467,396

9,034,767 (95,000) (120,000) 2,684,700 1,927,359

9,439,000 (145,000) (142,500) 2,827,050 1,981,796 362,000 481,000 24,917,346

10,031,000

10,534,540

10,963,008 (150,000) (165,000) 3,378,000 2,188,000

Cochrane Comm. Payments (1)

- -

-

(145,000) (165,000) 3,215,775 2,049,000

(150,000) (165,000) 3,296,000 2,118,000

Other Payments (2)

(75,000)

Transient Occupancy Tax

2,062,260 1,717,693

2,400,000 1,814,408

Franchise Fees - GF

Public Safety Sales Tax Property Transfer Tax

323,373 452,836

344,330 457,960

351,000 469,000

374,000 493,000

386,000 505,000

398,000 518,000

Total Taxes

22,404,234

24,146,898

24,212,826

26,412,775

27,381,540

28,386,008

Business License Other Permits

183,857 32,436 216,293

195,000 32,408 227,408

198,900 32,574 231,474

202,878 33,243 236,121

206,936 33,908 240,844

211,074 34,586 245,660

215,296 35,278 250,574

Total Licenses/Permits

Parking Enforcement

11,600 73,922 85,521

10,639 50,000 60,639

12,000 64,000 76,000

12,240 65,280 77,520

12,485 66,586 79,070

12,734 67,917 80,652

12,989 69,276 82,265

Other Fines

Total Fines/Penalties

Motor Vehicle Fee

16,883

16,857

17,194

17,538

17,889 272,775 39,780 330,444 6,319,356 951,646 1,389,231 281,688

18,247 277,795 40,576 336,617

18,611

Law Enforcement Grants

729,930 69,213 816,025

464,756 49,097 530,710

376,250 79,300 472,744

267,875 39,000 324,413

282,938

Other

41,387

Total Other Agencies

342,937

City Recreation Programs

5,317,450

5,552,511 879,250 1,200,076 260,683

5,742,573 874,020 1,260,075 268,397 690,305 8,835,370 80,585 188,548 475,408 744,541

6,043,649 932,986 1,323,077

6,455,693 970,679 1,458,692

6,595,176 990,093 1,531,627 293,068

CCC Rental

871,401

Gen Admin Overhd

1,140,020 246,831 747,418 8,323,120 109,015 249,789 1,246,738 1,605,542

Fire Fees

276,165 692,947

287,322 718,348

Other Charges

657,471

705,512

731,558

Total Current Services

8,549,991

9,268,824

9,647,433

9,890,733

10,141,521

Interest Earnings

76,587 177,676 619,554 873,817

107,107 202,290 348,559 657,956

125,298 205,516 253,301 584,115

144,377 208,808 256,115 609,300

166,130 212,165 258,999 637,294

Other Rentals Miscellaneous

Total Other Revenue

Transfer From Park Maint Transfer From Sewer/Water Transfer From Public Safety Transfers Rec Non GF Activities

-

-

-

-

-

-

-

683,319 100,000 50,000 735,565

685,818 112,029 60,000 739,470

690,000 100,000 75,000 762,581

694,050 125,000 75,000 761,458

696,401 125,000 75,000 761,458

698,811 125,000 75,000 761,458

701,282 125,000 75,000 761,458

Transfer from Gas Taxes/Sewer/Water

Transfers From Other Funds

-

-

-

-

-

-

-

Total Transfers In

1,568,884

1,597,317

1,627,581

1,655,508

1,657,859

1,660,269

1,662,740

TOTAL REVENUES

35,019,620

35,986,780

36,200,537

37,137,688

38,952,540

40,204,771

41,503,338

 CITY OF MORGAN HILL  FY 16-17 and 17-18  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 16-17 and 17-18  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 16-17 and 17-18

347