FY18-19 and 19-20 RECOMMENDED OPERATING AND CIP BUDGET - FIN

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

Expenditure Schedule & Category

Parks & Recreation: 148017

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

86200 - Professional Services 86220 - Architecture and Design

$20,000 $140,000 $1,575,493 $150,000 $1,885,493

86360 - Construction

86530 - Project Implementation

PROJECT COST

Funding Source(s)

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

f301 - Park Impact Fund

$1,885,493 $1,885,493

FUNDING TOTALS

Financial Comments Received Urban Greening Grant from the State of California in the amount of $1,761,980. Fund balances include project funding for this activity from the prior year. Estimated Project Schedule Timeframe Planning Planning for this project was completed in FY 2017/18 Project Design Design for this project will be completed in early FY 2018/19 Construction Construction will commence in the second quarter of FY 2018/19 Project Closeout Closeout is anticipated in early FY 2019/20 Operating Cost Impacts This facility, when fully completed, will increase Park Maintenance operating costs by approximately $1,000 annually for litter monitoring and other maintenance. It expected that significant pavement repairs will be required on a 20-year cycle.

2019-2024 Six-Year Capital Improvement Program

PAGE: 39 OF 152