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

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

Six-Year Pro Forma

651 – Water Impact (cont.)

2017-18 YE Projected

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

Beginning Fund Balance Revenues - Impact Fees (AB1600)

$3,153,844

$2,928,206

$3,404,679

$3,977,130

$3,819,144

$2,790,200

$458,715

$1,006,292

$1,311,698

$1,452,925

$778,389

$893,623

$914,377

$935,650

Revenues - Other

$33,500

$47,561

$73,821

$75,297

$76,803

$78,339

$79,906

Expenditures - CIP Projects

$586,749

$200,000

$270,000

$486,623

$1,289,935

$2,615,943

$198,579

Expenditures - Other

$678,681

$682,786

$684,295

$525,049

$709,435

$708,258

$708,606

Ending Fund Balance

$2,928,206

$3,404,679

$3,977,130

$3,819,144

$2,790,200

$458,715

$567,086

2019-2024 Six-Year Capital Improvement Program

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