FY 2018-19 and 2019-20 Adopted Operating and CIP Budget
CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM
346 - Public Facilities/Non-AB 1600
Fund Description Public Facilities Fund revenues are received from developers of properties and the funds may be used for the design, construction, and maintenance of public facilities or to reimburse the City for funds advanced to construct such facilities.
How this Fund Generates Money for Capital Investment Fees are paid by developers of properties.
Limitations and Other Important Factors The funds committed by developers are used specifically for design/construction of public off-site improvements.
Goals for Capital Investment The goal of the use of this fund is to expand City facilities to accommodate growth, with an exception for Police and Fire, as they are funded by their own impact fees.
Project List Summary
Projects
2018-19
2019-20
2020-21
2021-22
2022-23
2023-24
502000 - Intersection Improvements
$210,000
$200,000
525018 - Downtown Safety Improvements 526018 - Citywide Pedestrian Improvements
$175,000
$135,000
$150,000
$165,000
$150,000
$150,000
$150,000
$150,000
568014 - Parking Lot Maintenance & Rehabilitation
$40,000
$40,000
$40,000
$40,000
$40,000
$40,000
Totals
$365,000
$550,000
$190,000
$390,000
$190,000
$190,000
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
$1,120,338
$321,218
$538,356
$610,031
$753,673
$728,314
$907,361
$217,268
$584,100
$619,177
$331,175
$362,170
$366,572
$375,737
Revenues - Other
$4,400
$6,399
$11,243
$11,468
$11,697
$11,931
$12,170
Expenditures - CIP Projects
$1,004,418
$365,000
$550,000
$190,000
$390,000
$190,000
$190,000
Expenditures - Other
$16,370
$8,361
$8,745
$9,001
$9,226
$9,456
$9,693
Ending Fund Balance
$321,218
$538,356
$610,031
$753,673
$728,314
$907,361
$1,095,575
2019-2024 Six-Year Capital Improvement Program
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