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

FY 2020-21 Combined Statement: Revenues, Expenditures and Changes in Fund Balance

Special

Capital Project

Debt

Internal Services

All

General

Revenue

Service

Enterprise

Agency

Funds

SOURCES OF FUNDS Property Tax/Assessments

13,825,000 14,383,868

188,552

- - - -

- - - - - - -

- - - -

- - - -

1,612,208

15,625,760 14,383,868

- - -

- - - - - - -

Other Taxes

185,444 91,724 816,362 555,335

185,444 91,724

Licenses & Permits Fines & Penalties

370,572

619,484

3,805

575,942

252,086

69,846

2,708,097 24,929,653 79,219,025 1,607,456 16,591,640 155,342,667 39,078,340 32,684,214 1,561,750 12,343,801 9,666,923 16,591,640 50,406,510 162,333,179

Use of Money & Property

7,809,655 6,879,668

16,564,663 12,953,662

-

-

Other Agencies

9,756,551

38,571,894

11,057,250

Charges for Current Services

324,858

138,250

833,423

290,925

20,000 510,005

Other Revenues

2,485,113 42,424,254

2,043,988 17,430,685

1,117,071 32,088,303

692,719 696,524

9,742,744 49,181,506

Transfers In

TOTAL SOURCES

11,839,341

1,682,055

USES OF FUNDS Salaries Supplies and Services

24,113,843 13,808,608

5,266,238 2,734,723

-

- - -

5,565,713 10,812,307

4,132,546 5,234,552 1,096,750

-

70,000

24,025

15,000 111,184

-

- -

450,000

-

Capital Outlay Debt Service Internal Services Transfers Out

6,936,625 1,419,646

681,525 14,328

3,152,938 2,030,573 10,788,284 21,897,622 54,697,437

11,708 460,757 144,349

1,449,821

5,595,756 2,581,684

119,576

26,287

935,294

2,142,029 27,008,888 29,340,493

- -

- -

-

1,500,000 18,792,526

-

Project Expenditures

TOTAL USES

46,226,075

695,853

11,080,662

1,500,133

SOURCE/USE VARIANCE

(3,801,821)

(1,361,841)

2,747,810

672

(5,515,931)

758,678

181,921

(6,990,512)

FUND BALANCE 7/1/20

15,235,385

8,326,509

22,756,210

229,629

46,672,741

12,404,237

2,364,506

107,989,217

PROJ. BALANCE 6/30/21

11,433,564

6,964,668

25,504,020

230,301

41,156,810

13,162,915

2,546,427

100,998,705

72 BUDGET SUMMARY