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

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

653 - Water Capital Project

Fund Description The Water Capital Projects Fund is utilized for the funding of capital projects to improve, rehabilitate, replace or repair the water system. Projects are identified within the Water System Master Plan. How this Fund Generates Money for Capital Investment Funding comes from transfers from the Water Operations Fund when available. In May 2014, the City received $13 million of new financing from water revenue bond to be used to fund new projects. This fund pays 70% of debt service payments for the water revenue bond, and 30% is paid out of the Water Impact Fund. Limitations and Other Important Factors The projects paid for through this fund are for the purpose of rehabilitation and replacement work for the City's existing water system. Goals for Capital Investment The goals for this fund during this period consist of improvements to enhance system reliability and to take care of existing system deficiencies by replacing deteriorated water mains and rehabilitating pump stations. Revenues-Other include transfers from the Water Operations Fund (650) for debt service payments. Expenditures-Other includes a portion of the debt service payments for the 2014 Water Revenue Bonds.

Project List Summary

Projects

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

602a18 - Water Storage Sys Imprv- Glen Ayre Tank 602b18 - Water Storage Sys Impv- Woodland Tank 610000 - Water Pipeline Repair and Replacement

$726,493

$635,681

$633,750

$689,520

$689,520

$459,680

$2,139,712

610a18 - Holiday Lake Improvements

$410,000

$1,757,053

$137,995

610b18 - Water Supply Facility Improvements

$450,000

$450,000

$500,000

620a18 - Reservoir Recoating

$200,000

620b15 - El Toro Tank Improvements

$299,846

620b18 - Holiday Tank Repair #2

$90,154

624018 – Water Planning

$130,000

$195,000

$422,500

$162,500

625016 - Well Demolition and Abandonment

$400,000

Totals

$540,154

$1,513,596

$2,511,013

$2,357,701

$2,379,233

$2,277,707

2019-2024 Six-Year Capital Improvement Program

PAGE: 151 OF 152