FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

304 - Local Drainage/Non AB 1600

Fund Description Local Drainage Fund (non-AB1600) revenues are received from developers of properties and the funds may be used for the design, construction, and maintenance of storm drains. How this Fund Generates Money for Capital Investment Fees are paid by developers of properties. Payments to this Fund are no longer as available as part of the Residential Development Control System (RDCS) competition, due to its elimination via State legislation. Minimal revenue will continue to be received for storm drainpipe front footage fees from developers. Funds will be programmed annually spending down the fund balance to accomplish projects.

Limitations and Other Important Factors These funds are for design, construction, and maintenance of the City's storm drain system.

Goals for Capital Investment The goals for the use of this fund are to improve existing storm drainage systems and to mitigate existing capacity deficiencies for property frontage.

Project List Summary Projects

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

415097 - Storm Pipe Installation

$450,000

$150,000

$150,000

$150,000

$150,000

$150,000

418020 - Trash Compliance

$50,000

Totals

$500,000

$150,000

$150,000

$150,000

$150,000

$150,000

Six-Year Pro Forma

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

2019-21 YE Projected

Beginning Fund Balance Revenues - Impact Fees (AB1600) Revenues - Non- AB1600 RDCS Revenues - Other Expenditures - CIP Projects Expenditures - Other

$1,563,382

$1,471,503

$1,049,022

$976,830

$904,946

$833,376

$762,127

$83,498

$80,333

$80,692

$81,058

$81,431

$81,812

$82,200

$172,645

$500,000

$150,000

$150,000

$150,000

$150,000

$150,000

$2,732

$2,814

$2,884

$2,942

$3,001

$3,061

$3,122

Ending Fund Balance

$833,376

$1,471,503

$1,049,022

$976,830

$904,946

$762,127

$691,205

2021-2026 Six Year Capital Improvement Program

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