FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS
CITY OF MORGAN HILL Capital Improvement Program
Expenditure Schedule &Category
Wastewater: 302018
2020-21
2021-22
2022-23
2023-24
2024-25
2025-26
86360 - Construction
$8,500,000 $4,146,786 $2,393,700 $2,393,700 $2,393,700 $2,393,700
86530 - Project Implementation
$200,000
$250,000
PROJECT COST
$8,700,000
$4,396,786
$2,393,700
$2,393,700
$2,393,700
$2,393,700
Funding Source(s)
2020-21
2021-22
2022-23
2023-24
2024-25
2025-26
f643 - Sewer CIP Fund
$8,700,000 $4,396,786 $2,393,700 $2,393,700 $2,393,700 $2,393,700
FUNDING TOTALS
$8,700,000
$4,396,786
$2,393,700
$2,393,700
$2,393,700
$2,393,700
Financial Comments Significant compliance repairs must be completed within the first two years of the six-year CIP and will require a bond be issued for these repairs. This bond was anticipated in the 2019 Wastewater Rate Study, and will be repaid through Wastewater ratepayers. Estimated Project Schedule Timeframe
In Progress
Planning
Complete for FY 2020-21
Project Design Construction Project Closeout
FY 2020-21 with projects occurring annually through 6-year CIP Projects will be closed out annually during the 6-year CIP period.
Operating Cost Impacts The improvements outlined in the project support ongoing operations.
2021-2026 Six Year Capital Improvement Program
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