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

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

304 - Local Drainage/Non-AB 1600

Fund Description Local Drainage Fund revenues were received from developers of properties and the funds may be used for the design, construction, and maintenance of storm drains.

How this Fund Generates Money for Capital Investment Fees were paid by developers of properties.

Limitations and Other Important Factors These funds are used for design, construction, and maintenance of the City's storm drain system.

Goals for Capital Investment The goals for the use of this fund are to improve existing storm drainage systems and to mitigate existing capacity deficiencies for property frontage.

The Non-AB1600 fee portion has been eliminated from the Residential Development Control System (RDCS) and the fund balance will gradually be drawn down as projects are implemented.

Project List Summary

Projects

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

415097 - Storm Pipe Installation

$335,000

$150,000

$150,000

$150,000

$150,000

$150,000

Totals

$335,000

$150,000

$150,000

$150,000

$150,000

$150,000

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

$1,301,563

$1,376,824

$1,119,178

$1,048,893

$978,922

$909,284

$839,985

$1,100

Revenues - Other

$150,273

$80,981

$83,498

$83,920

$84,350

$84,789

$85,237

Expenditures - CIP Projects

$70,504

$335,000

$150,000

$150,000

$150,000

$150,000

$150,000

Expenditures - Other

$5,608

$3,627

$3,783

$3,891

$3,988

$4,088

$4,190

Ending Fund Balance

$1,376,824

$1,119,178

$1,048,893

$978,922

$909,284

$839,985

$771,032

2019-2024 Six-Year Capital Improvement Program

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