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

Summary of Revenues &Transfer In

18-19 Actual

19-20

19-20

20-21

21-22

Amended

YEP Recommended Recommended

General Fund

Property Taxes (Secured and Unsecured)

$

8,412,989 3,916,899

$

8,647,520 3,995,237

$

9,415,800 4,239,485 8,657,731 2,200,000 2,279,566 529,000

$

8,819,000 4,451,000 8,608,793 2,500,000 2,351,000 555,000

$

8,569,000 4,451,000 9,119,601 3,267,300 2,375,000 555,000

VLF In-Lieu Property Tax

RDA Pass-Through

431,688

439,620

Sales Tax

10,247,494 2,893,133 2,322,186

10,091,000 3,080,880 2,319,566

Transient Occupancy Taxes Franchise (Refuse,Cable,PG&E)

Public Safety Sales Tax Property Transfer Tax

404,135 549,247

385,000 515,000

385,000 515,000

383,075 541,000

399,000 541,000

Total Taxes

$

29,177,772

$

29,473,823

$

28,221,582

$

28,208,868

$

29,276,901

Business License Other Permits

$

201,762 46,736 248,498 70,186 102,694 172,880

$

202,000 37,940 239,940 18,285 73,645 91,930 24,652 417,789 442,441

$

150,000 41,185 191,185 95,506 70,000 165,506 24,652 430,138 454,790

$

154,500 70,124 224,624 18,079 73,645 91,724 25,392 529,943 555,335

$

159,135 80,045 239,180 18,571 75,854 94,425 26,026 437,793 463,820

Total Licenses/Permits

$

$

$

$

$

Parking Enforcement Code Compliance Total Fines And Penalties

$

$

$

$

$

$

$

$

$

$

Motor Vehicle In-Lieu

$

21,366

$

$

$

$

Other Revenue/Other Agencies

1,001,432 1,022,799 6,324,724 1,706,112

Total Other Agencies

$

$

$

$

$

RCSD Programs

$

$

6,470,631 1,795,198

$

5,586,043 1,795,198

$

6,088,092 1,780,917

$

6,712,433 1,825,440

General Administration Overhead

Fire Fees

192,218 592,633

304,712 649,544

344,596 577,339

313,853 601,542

321,700 610,010

Other Charges For Current Services

Total Current Services

$

8,815,687

$

9,220,085

$

8,303,176

$

8,784,404

$

9,469,582

Interest Earnings Facility Rentals

$

313,142 928,474 205,828 885,932

$

290,148 915,330 227,752 421,151

$

290,148 965,050 244,757 470,474

$

246,626 882,931 569,736 374,894 746,238 708,875 305,000 650,000 75,000 2,074,187 2,485,113

$

251,558

1,015,931

Other Rentals Miscellaneous

571,879 383,095

Total Other Revenue

$

2,333,375

$

1,854,381

$

1,970,429

$

$

2,222,464

Transfer From Street Maintenance Transfer From Sewer/Water Transfer From Public Safety Transfer From Park Maintenance Transfer From Park Impact

$

738,968 698,760 140,836

$

738,968 703,690 330,000

$

738,968 703,690 330,000

$

$

746,238 714,318 305,000 650,000 75,000

-

-

-

75,000

75,000

75,000

Total Transfers In

$

1,653,564

$

1,847,658

$

1,847,658

$

$

2,490,556

Total General Fund

43,424,576 $

43,170,258 $

41,154,326 $

$

42,424,254

$

44,256,927

BUDGET SUMMARY 85