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

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

Expenditure Schedule & Category

Streets & Roads: 563013

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

86220 - Architecture and Design

$45,000 $560,000 $100,000 $705,000

86360 - Construction

$343,600 $50,000 $393,600

86530 - Project Implementation

PROJECT COST

Funding Source(s)

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

f308 - Street CIP

$705,000 $705,000

$393,600 $393,600

FUNDING TOTALS

Financial Comments Funding includes new revenues from multiple assessment districts that have one-time revenue that can be used for street maintenance. Estimated Project Schedule Timeframe Planning FY 2018/19 Project Design FY 2019/20 Construction FY 2019/20, FY 2020/21 Project Closeout FY 2020/21

Operating Cost Impacts Pavement rehabilitation reduces overall maintenance cost as affected streets are improved.

2019-2024 Six-Year Capital Improvement Program

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