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

FY 2021-22 Combined Statement: Revenues, Expenditures and Changes in Fund Balance

Special

Capital Project

Debt

Internal Services

All

Funds

General

Revenue

Service

Enterprise

Agency

SOURCES OF FUNDS Property Tax/Assessments

13,575,000 15,701,901

- - - -

- - - -

- - - - - - -

- - - -

- - - -

1,660,575

15,235,575 15,701,901

- - - - - - -

Other Taxes

198,825 94,425 823,437 463,820

198,825 94,425

Licenses & Permits Fines & Penalties

377,984

631,770

3,882

587,725

256,307

71,243

2,752,347 10,352,914 79,713,632 1,940,401 16,589,326 142,579,346 41,153,442 33,131,461 1,724,250 12,687,978 10,385,991 16,589,328 28,620,699 144,293,148

Use of Money & Property

7,795,118 8,279,394

2,093,976 10,839,987 1,166,582 1,117,071 15,849,386

-

-

Other Agencies

10,584,704

38,153,399

11,856,149

Charges for Current Services

324,260

138,506

291,053

20,000 410,005

Other Revenues

2,490,556 44,256,927

1,456,076 18,047,078

689,142 693,024

10,426,476 49,458,652

Transfers In

TOTAL SOURCES

12,542,461

1,731,818

USES OF FUNDS Salaries Supplies and Services

25,397,485 14,322,741

5,649,078 2,247,028

-

- - -

5,817,118 11,254,966

4,289,761 5,212,702 1,259,250

-

70,000

24,025

15,000

-

- -

450,000

-

Capital Outlay Debt Service Internal Services Transfers Out

-

6,939,408 1,560,416

679,758 14,686

3,603,375 2,114,966 11,482,968 18,450,699 53,174,092

11,708 546,660 44,266

1,453,729

5,999,754 1,988,629

122,565

26,944

935,036

2,138,428 10,170,000 12,500,994

- -

- -

-

-

-

Project Expenditures

TOTAL USES

47,723,608

17,330,966

694,444

11,364,346

1,504,698

SOURCE/USE VARIANCE

(3,466,681)

716,113

3,348,392

(1,420)

(3,715,439)

1,178,115

227,119

(1,713,803)

FUND BALANCE 7/1/21

11,433,564

6,964,668

25,504,020

230,301

41,156,810

13,162,915

2,546,427

100,998,705

PROJ. BALANCE 6/30/22

7,966,882

7,680,780

28,852,412

228,880

37,441,370

14,341,030

2,773,547

99,284,902

BUDGET SUMMARY 73