FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS

CITY OF MORGAN HILL Capital Improvement Program

Expenditure Schedule &Category

Parks & Recreation: 117001

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

86360 - Construction

$798,888

86530 - Project Implementation

$65,000 $863,888

PROJECT COST

Funding Source(s)

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

f301 - Park Impact Fund

$863,888 $863,888

FUNDING TOTALS

Financial Comments The project currently has $526,000 in grant funding from the State of California, Valley Water, and the Santa Clara Valley Open Space Authority. Remaining project funds would be provided by park impact funds or other grant funds. Estimated Project Schedule Timeframe

Completed In Progress FY 2020/21 FY 2021/22

Planning

Project Design Construction Project Closeout

Operating Cost Impacts This facility will increase Park Maintenance operating costs in the General Fund by approximately $5,000 annually for landscape maintenance, weed control, tree trimming, utilities, occasional trail minor repair work, graffiti/vandalism, and repair/replacement of trail benches. It is expected that significant pavement repairs will be required on a 20-year cycle.

2021-2026 Six Year Capital Improvement Program

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