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

FY 2021-22 Fund Balance Projection (continued)

7-1-2021

21-22

21-22

21-22

21-22

06-30-2022 Projected

Projected Fund Projected

Projected

Projected

Projected

Balance

Revenues

Transfers In Transfers Out Expenditures

Balance

Debt Service Funds

$

167,298 63,002 230,301

$

2,438 1,444 3,882

$

304,947 384,195 689,142

$

- -

$

304,947 389,497 694,444

$

169,736 59,144 228,880

420 Civic Center Debt

441 Police Facility Debt Service

Subtotal

$

$

$

$

-

$

$

Enterprise Funds

$

3,290,870 21,664,456 2,719,776 (2,098,399) 3,932,071 3,987,658 3,145,448 4,514,930 41,156,810

$

14,118,167 7,066,113

$

- -

$

5,525,924

$

8,344,724 9,170,383

$

3,538,389 19,294,505 2,913,949 (3,943,220) 4,114,301 3,741,063 3,286,298 4,496,085 37,441,370

640 Sewer Operations

265,680

641 Sewer Impact

45,311 74,668

150,000

- -

1,138

642 Sewer Rate Stabilization 643 Sewer System Replacement

4,632,980

6,552,469 11,175,941 1,379,902

15,848,339 1,846,146

488,357

4,978,525

650 Water Operations

-

712,839

651 Water Impact

16,222 17,211

125,000

- -

371

652 Water Rate Stabilization 653 Water System Replacement

5,030,139 10,426,476

5,066,194 41,691,124

Subtotal

$

$

39,032,176

$

$

11,482,968

$

$

Internal Service Funds

$

413,505 107,830

$

1,938,727 3,416,711

$

-

$

9,385 9,327

$

1,917,031 3,365,287

$

425,816 149,927

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

- - - - -

3,401,773

837,849

-

290,000

3,949,623

81,521 27,876

1,798,889

24,785

1,771,559

84,065 10,389

2,513

- - - -

20,000 876,876 962,250 625,000

1,988,848 5,523,237

913,504

2,025,476 5,647,210 1,206,747

1,076,223

10,000 400,005

787,888 830,436

643,854

791 Employee Benefits

1,504,187 12,132,456

-

769

1,492,077 11,320,080

841,777

795 General Liability Insurance

Subtotal

$

13,162,915

$

$

410,005

$

44,266

$

$

14,341,030

Agency Funds

$

64,860 105,490

$

8,054

$

-

$

-

$

-

$

72,913 106,443

820 Special Deposits 830 Downtown PBID

953

-

-

-

MH Tourism Business Improvement District

1,247

584

- - - - - - -

- - - - - - -

-

1,831

835

854,439 42,144 775,662 59,951 614,912 27,723

869,082

739,252

984,268 42,739 880,008 37,689 619,481 28,175

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

595

-

782,162 65,367

677,817 87,629

846 Madrone BP (Taxable)

4,569

- -

848 Tennant Ave Business Park AD

452

881 Police Donation Trust

Subtotal

$

2,546,427

$

1,731,818

$

-

$

-

$

1,504,698

$

2,773,547

TOTAL - ALL FUNDS

$

100,998,705

$

125,990,019

$

16,589,326

$

16,589,328

$

127,703,821

$

99,284,902

BUDGET SUMMARY 79