FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

355 - School Pedestrian & Traffic Safety

Fund Description The fund accounts for resources and requirements for capital projects that support the City of Morgan Hill's school pedestrian safety needs. Projects utilizing these funds include street crossing safety improvements and warning notifications to motorists of school children presence. 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 to be expended on projects that enhance the safety of school sidewalks near schools. Goals for Capital Investment The goal for this fund during this period is to fund sidewalk repairs within .75 miles of a school.

Project List Summary Projects 574015 - Sidewalk Repairs

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

$150,000 $150,000

$150,000 $150,000

$150,000 $150,000

$150,000 $150,000

$150,000 $150,000

$150,000 $150,000

Totals

Six-Year Pro Forma

2019-21 YE Projected

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

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

$1,477,523

($203,262)

$216,914

$637,172

$478,137

$319,221

$160,426

$289,705 $34,483

$579,410

$579,410

$12,311

$12,557

$12,808

$13,064

$13,325

$13,592

$1,983,618

$150,000

$150,000

$150,000

$150,000

$150,000

$150,000

$21,355

$21,545 $216,914

$21,709 $637,172

$21,843 $478,137

$21,980 $319,221

$22,120

$22,262

($203,262)

$160,426

$1,756

2021-2026 Six Year Capital Improvement Program

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