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

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

Six-Year Pro Forma

308 – Street CIP (cont.)

2017-18 YE Projected

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

Beginning Fund Balance

$1,819,399

$1,225,755

$1,537,347

$1,553,320

$1,294,621

$1,492,544

$1,753,711

Revenues - Other

$3,149,705

$4,025,600

$5,242,674

$2,550,042

$2,613,442

$2,677,074

$2,740,964

Expenditures - CIP Projects

$3,732,104

$3,700,000

$5,212,000

$2,793,600

$2,400,000

$2,400,000

$2,400,000

Expenditures - Other

$11,245

$14,008

$14,701

$15,141

$15,519

$15,907

$16,305

Ending Fund Balance

$1,225,755

$1,537,347

$1,553,320

$1,294,621

$1,492,544

$1,753,711

$2,078,370

2019-2024 Six-Year Capital Improvement Program

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