FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS

CITY OF MORGAN HILL Capital Improvement Program

Expenditure Schedule &Category

Storm Drainage: 415020

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

86220 - Architecture and Design

$100,000

$200,000

$200,000

86360 - Construction

$2,425,000

$2,500,000

$2,500,000

86530 - Project Implementation

$75,000

$100,000

PROJECT COST $2,500,000

$200,000 $2,500,000

$200,000 $2,500,000

$200,000

Funding Source(s)

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

f303 - Drainage Impact Fund

$2,500,000

$200,000 $2,500,000

$200,000 $2,500,000

$200,000

FUNDING TOTALS $2,500,000

$200,000 $2,500,000

$200,000 $2,500,000

$200,000

Financial Comments Estimated Project Schedule

Timeframe

Ongoing

Planning

Biennial design work to precede project construction.

Project Design

Operating Cost Impacts Future projects may increase operating costs for maintenance functions associated with the improvements but are required to ensure public safety. The Fisher Basin expansion is not anticipated to increase operating costs.

2021-2026 Six Year Capital Improvement Program

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