FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS
CITY OF MORGAN HILL Capital Improvement Program
Expenditure Schedule &Category
Streets & Roads: 502000
2020-21
2021-22
2022-23
2023-24
2024-25
2025-26
86220 - Architecture and Design
$120,000
$100,000
$100,000
$120,000
86360 - Construction
$1,300,000 $1,000,000 $1,000,000 $1,000,000
86530 - Project Implementation
$80,000
$50,000
$50,000
$80,000
PROJECT COST
$1,500,000
$1,150,000
$1,150,000
$1,200,000
Funding Source(s)
2020-21
2021-22
2022-23
2023-24
2024-25
2025-26
f309 - Traffic Impact Fund
$1,500,000
$1,150,000 $1,150,000
$1,150,000 $1,200,000
FUNDING TOTALS
$1,500,000
$1,150,000
$1,200,000
Financial Comments Estimated Project Schedule
Timeframe
Ongoing
Planning
Annual design improvements for one intersection. Annual construction improvements on one intersection.
Project Design Construction
Operating Cost Impacts Maintenance of new traffic signals to be performed by Community Services Maintenance Division at an estimated additional annual operating cost of $1,500 per signal.
2021-2026 Six Year Capital Improvement Program
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