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

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

355 - School Pedestrian & Traffic Safety

Fund Description This fund accounts for the revenues and expenditures related to the collection and use of development fees for pedestrian and traffic safety capital improvements at or near schools. How this Fund Generates Money for Capital Investment This fund receives revenues from residential developers who make school pedestrian safety monetary commitments to score points under the Residential Development Control System (RDCS) program.

Limitations and Other Important Factors These funds are to be expended on projects that enhance the safety of school children going to and from school.

Goals for Capital Investment The goal for this fund during this 6-year period is for the construction of school safety projects in collaboration with the local schools, and to perform necessary sidewalk repairs.

Project List Summary

Projects

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

551008 - RDCS School Safety Improvements

$1,100,000

$360,000

$350,000

$350,000

$350,000

$350,000

574015 - Sidewalk Repairs

$150,000

$150,000

$150,000

$150,000

$150,000

$150,000

580018 - Main Ave Bike Lanes & Sidewalk Project

$550,000

Totals $1,800,000

$510,000

$500,000

$500,000

$500,000

$500,000

Six-Year Pro Forma

2017-18 YE Projected

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

Beginning Fund Balance

$1,643,464

$1,607,323

$485,293

$625,130

$511,751

$489,569

$495,666

Revenues - Other

$264,484

$684,678

$656,864

$393,855

$485,233

$513,698

$525,983

Expenditures - CIP Projects

$296,028

$1,800,000

$510,000

$500,000

$500,000

$500,000

$500,000

Expenditures - Other

$4,597

$6,708

$7,027

$7,234

$7,415

$7,601

$7,791

Ending Fund Balance

$1,607,323

$485,293

$625,130

$511,751

$489,569

$495,666

$513,858

2019-2024 Six-Year Capital Improvement Program

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