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

FY 2019-20 Fund Balance Projection (continued)

7-1-2019

19-20

19-20

19-20

19-20

06-30-2020 Projected

Fund

Projected Revenues

Projected

Projected

Projected

Balance

Transfers In Transfers Out Expenditures

Balance

Debt Service Funds

$

171,351 70,213 241,564

$

2,812 1,665 4,477

$

299,062 374,425 673,487

$

- -

$

310,386 379,513 689,899

$

162,839 66,790 229,629

420 Civic Center Debt

441 Police Facility Debt Service

Subtotal

$

$

$

$

-

$

$

Enterprise Funds

$

3,235,529 18,119,442 2,625,280 9,791,525 4,010,886 2,507,584 1,761,549 1,685,295 43,737,090

$

12,595,138 4,442,838

$

- - -

$

5,378,268

$

7,322,158 2,449,742

$

3,130,241 19,847,203 2,676,464 8,080,642 3,911,435 2,502,049 3,079,907 3,444,800 46,672,741

640 Sewer Operations

265,335

641 Sewer Impact

52,262 86,122

- -

1,078

642 Sewer Rate Stabilization 643 Sewer System Replacement

4,732,635

6,529,640 10,809,211

14,998,633 1,207,108

402,957

4,691,830

650 Water Operations

-

688,828

523,815

651 Water Impact

18,710 19,851

1,300,000 3,556,128 9,991,720

- -

352

652 Water Rate Stabilization 653 Water System Replacement

1,816,474 29,452,470

Subtotal

$

$

33,420,662

$

$

11,024,261

$

$

Internal Service Funds

$

902,325 64,490

$

1,785,894 3,391,968

$

- -

$

10,880

$

2,291,081 3,381,376

$

386,258 65,755

730 Information Systems 740 Building Maintenance 741 Building Replacement 745 CIP Administration 760 Unemployment Insurance 770 Workers' Compensation 790 Equipment Replacement

9,327

2,515,067

781,433

30,243

-

282,463

3,044,280

62,517 142,515

1,648,003

- - -

20,363

1,627,509

62,648

2,898

- - - -

145,000 844,998

413

2,015,978 5,238,985

802,230 792,269 829,847

1,973,210 5,078,239

260,000 400,005

1,213,015

(233,198) 1,379,596 12,088,275

615,000

381,654

791 Employee Benefits

1,076,588 11,111,130

-

769

1,043,635 11,444,077

1,411,780 12,404,237

795 General Liability Insurance

Subtotal

$

$

$

690,248

$

41,339

$

$

Agency Funds

$

47,675 103,457

$

9,289 1,099

$

- -

$

- -

$

- -

$

56,964 104,556

820 Special Deposits 830 Downtown PBID

MH Tourism Business Improvement District

-

674

- - - - - - -

- - - - - - -

-

674

835

658,973 40,875 623,202 116,428 605,162 26,759

828,392

741,163

746,202 41,561 691,931 84,906 610,432 27,280

843 MH Business Ranch 1998 AD 844 MH Ranch Reassessment 2004 845 Madrone BP (Tax Exempt)

686

-

745,427 56,065

676,698 87,587

846 Madrone BP (Taxable)

5,270

- -

848 Tennant Ave Business Park AD

521

881 Police Donation Trust

Subtotal

$

2,222,531

$

1,647,423

$

-

$

-

$

1,505,448

$

2,364,506

TOTAL - ALL FUNDS

$

129,244,613

$

117,427,826

$

16,293,421

$

16,293,420

$

138,683,223

$

107,989,217

BUDGET SUMMARY 75