City of Morgan Hill Fiscal Years 2020- 2022 Recommended Operating and CIP Budgets

Budget Summary

Combined Statement of Revenues, Expenditures and Changes in Fund Balance ............72 Fund Balance Projections........................................................................................................... 74 General Fund Balance Charts.................................................................................................... 80 Summary of Resources ............................................................................................................... 81 Major Revenue Assumptions.....................................................................................................82 Summary of Revenues & Transfers In.....................................................................................85 Expenditure Charts ..................................................................................................................... 88 Summary of Expenditures & Transfers Out ...........................................................................90 Interfund Transfers ..................................................................................................................... 93 Internal Service Charges............................................................................................................. 95 Comparison of Municipalities .................................................................................................. 97

BUDGET SUMMARY 71