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

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

313 - Fire Impact

Fund Description Fire Impact Fund revenues are derived from a fee charged to developers to cover the costs to construct public improvements required for Fire facilities as a result of new development. Expenditures may only be made for the future construction of the required new Fire facilities or to reimburse the City for sums advanced to construct such facilities. Fund is subject to the restrictions of AB1600. How this Fund Generates Money for Capital Investment New development creates the need for the City to expand its inventory of public facilities and build new, or add on to current, infrastructure to handle the demands for new services. The City imposes public facilities fees under authority granted by the Mitigation Fee Act (the Act), contained in California Government Code Sections 66000 et seq. A City Council-adopted "Impact Fee Report" provides the necessary findings required by the Act for adoption of the fees presented in impact fee schedules. Limitations and Other Important Factors All development impact fee-funded capital projects are programmed through the City's 6-Year CIP, by which the City identifies and directs its fee revenue to new public facilities/infrastructure projects that will accommodate future growth. By programming fee revenues to specific capital projects, the City ensures a reasonable relationship between new development and the use of fee revenues as required by the Act.

Goals for Capital Investment Design and construction of the third Fire Station for the City.

Project List Summary

Projects

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

231018 - New Fire Stations

$167,000

$110,000

$220,000

$3,700,000

$100,000

Totals

$167,000

$110,000

$220,000

$3,700,000

$100,000

Six-Year Pro Forma

2017-18 YE Projected

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

Beginning Fund Balance Revenues - Impact Fees (AB1600)

$3,818,638

$3,297,870

$3,477,070

$3,943,030

$3,934,775

$3,823,015

$233,371

$43,473

$48,872

$57,654

$31,186

$36,286

$36,980

$37,692

Revenues - Other

$34,500

$300,434

$411,566

$73,917

$75,396

$76,904

$78,442

Expenditures - CIP Projects

$167,000

$110,000

$220,000

$3,700,000

$100,000

Expenditures - Other

$598,741

$3,106

$3,260

$3,358

$3,442

$3,528

$3,616

Ending Fund Balance

$3,297,870

$3,477,070

$3,943,030

$3,934,775

$3,823,015

$233,371

$245,889

2019-2024 Six-Year Capital Improvement Program

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