FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS
CITY OF MORGAN HILL Capital Improvement Program
Expenditure Schedule &Category
Parks & Recreation: 110018
2020-21
2021-22
2022-23
2023-24
2024-25
2025-26
86360 - Construction
$2,000,000
PROJECT COST
$2,000,000
Funding Source(s)
2020-21
2021-22
2022-23
2023-24
2024-25
2025-26
f301 - Park Impact Fund
$2,000,000 $2,000,000
FUNDING TOTALS
Financial Comments No funds have been expended on this project in previous fiscal years. Estimated Project Schedule
Timeframe
In Progress FY 2020/21 FY 2021/22 FY 2022/23
Planning
Project Design Construction Project Closeout
Operating Cost Impacts The City has limited funds as it relates to operating costs to fund maintenance of new park facilities. It is anticipated that a joint-use agreement will be developed to outline maintenance responsibilities for the site. At this time operational costs are unknown as the design and size of the joint use facility could have a significant impact on a shared cost model or shared responsibility model. The operating cost impacts will be considered during the development of the joint use/funding agreement with the Morgan Hill Unified School District and may have an impact on the decision to move the project forward.
2021-2026 Six Year Capital Improvement Program
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