FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

Six-Year Pro Forma - This fund shows a negative fund balance due to planned project expenditures. The City intends to issue bonds to fund the required projects within this area, prior to approval of those projects. 641- Sewer Impact (cont.)

2019-21 YE Projected

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

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

$18,119,442 $19,847,203 $21,664,456 $19,294,506 $4,639,753 ($9,028,298) ($7,752,810)

$4,188,866 $8,300,727 $6,845,919 $4,890,147

$5,014,637

$5,142,306

$5,301,548

$253,972

$215,876

$220,194

$224,598

$229,090

$233,671

$238,345

$2,392,547 $6,375,000

$9,110,000 $19,461,187 $18,750,000 $3,937,500

$322,530

$324,350

$326,063

$308,311

$161,778

$162,989

$164,136

Ending Fund Balance $19,847,203 $21,664,456 $19,294,506

$4,639,753 ($9,028,298) ($7,752,810) ($2,377,053)

2021-2026 Six Year Capital Improvement Program

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