FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS

CITY OF MORGAN HILL Capital Improvement Program

Expenditure Schedule &Category

Water: 610a18

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

86360 - Construction

$560,000 $5,100,000

86530 - Project Implementation

$140,000

$200,000

PROJECT COST

$700,000 $5,300,000

Funding Source(s)

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

f651 - Water Impact Fund f653 - Water CIP Fund

$413,000 $287,000

$3,127,000 $2,173,000

FUNDING TOTALS

$700,000 $5,300,000

Financial Comments

Estimated Project Schedule

Timeframe

Complete FY 2021-22 FY 2022-23 FY 2023-24

Planning

Project Design Construction Project Closeout

Operating Cost Impacts There will be increased costs associated with maintaining the new reservoir and pump station identified in this project. Both systems add capacity and will allow for additional ratepayers to support the Water System.

2021-2026 Six Year Capital Improvement Program

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