FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS

CITY OF MORGAN HILL Capital Improvement Program

Expenditure Schedule &Category

Wastewater: 308a08

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

86360 - Construction

$14,500,000 $14,500,000

86530 - Project Implementation

$50,000 $50,000

$100,000

PROJECT COST

$100,000 $14,500,000 $14,500,000

Funding Source(s)

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

f641 - Sewer Impact Fund f643 - Sewer CIP Fund

$37,500 $12,500 $50,000

$75,000 $10,875,000 $10,875,000 $25,000 $3,625,000 $3,625,000 $100,000 $14,500,000 $14,500,000

FUNDING TOTALS

Financial Comments Depending upon the exact timing of this project and other Wastewater Impact Fee funded projects, the City may elect to issue bonds to fund it. Estimated Project Schedule Timeframe

In progress FY 2020-21

Planning

Project Design

Right-of-Way Acquisition & Permitting

FY 2021-22

FY 2022-23 FY 2023-24

Construction

Project Closeout

Operating Cost Impacts Investing in the new trunk line ensures the City has capacity for future growth and provides reliability and redundancy while minimizing the risk of sewer overflows.

2021-2026 Six Year Capital Improvement Program

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