FY 2018-19 and 2019-20 Adopted Operating and CIP Budget

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

302 - Park Maintenance

Fund Description Park Maintenance/Development Fund receives revenues from developers of properties and the funds may only be used for the maintenance and development of the City's parks. How this Fund Generates Money for Capital Investment Funds received from developers through the RDCS process are deposited in the Park Maintenance Fund to pay for maintenance activity in parks or to improve or reduce maintenance activity. Transfers from the General Fund are regularly made to support fully funding park maintenance activities. Capital expenditures can be made at park facilities to address or minimize future maintenance efforts. Limitations and Other Important Factors Park Maintenance Funds are to be spent only on the maintenance activities in City parks. Expenditures made for capital improvements will deplete resources allocated in the future for ongoing operations and maintenance.

Goals for Capital Investment There are no capital improvement projects identified in the current 6-Year CIP.

Expenditures - Other includes salaries and benefits, supplies, and internal services.

Six-Year Pro Forma

2017-18 YE Projected

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

Beginning Fund Balance Revenues - Non- AB1600 RDCS

$5,431,371

$4,233,658

$4,502,261

$4,790,448

$4,542,098

$4,093,595

$3,538,382

$1,140,156

$778,800

$800,682

$328,596

$156,052

$77,176

$79,106

Revenues - Other

$380,185

$541,532

$571,014

$576,737

$582,614

$588,649

$594,845

Expenditures - CIP Projects

$1,749,656

Expenditures - Other

$968,398

$1,051,729

$1,083,509

$1,153,683

$1,187,169

$1,221,038

$1,254,906

Ending Fund Balance

$4,233,658

$4,502,261

$4,790,448

$4,542,098

$4,093,595

$3,538,382

$2,957,427

2019-2024 Six-Year Capital Improvement Program

PAGE: 129 OF 152