FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS

CITY OF MORGAN HILL Capital Improvement Program

Expenditure Schedule &Category

Parks & Recreation: 132008

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

86360 - Construction

$500,000 $500,000

PROJECT COST

Funding Source(s)

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

f301 - Park Impact Fund

$500,000 $500,000

FUNDING TOTALS

Financial Comments Funding for this project was previously allocated in the Open Space Fund, but due to the elimination of the City's Residential Development Control System that funding sources is no longer available. The project funding has been shifted to the Park Impact Fund. Estimated Project Schedule Timeframe

Ongoing

Planning

Right-of-Way Acquisition & Permitting

FY 2021/22, dependent upon willing property owners.

Operating Cost Impacts Maintenance costs for the project are undetermined. The City anticipates partnering with the OSA to jointly manage the open space area on El Toro. It is estimated once the trail is open to the public the City may spend up to $30,000 annually on maintenance. The City plans to partner with the OSA on ongoing maintenance, with the OSA maintaining the trail and the City maintaining the trail head area. Moving forward with opening the trail may be dependent on future operating funds being available.

2021-2026 Six Year Capital Improvement Program

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