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

CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM

346 - Public Facilities/Non-AB 1600

Fund Description Public Facilities Fund revenues are received from developers of properties and the funds may be used for the design, construction, and maintenance of public facilities or to reimburse the City for funds advanced to construct such facilities.

How this Fund Generates Money for Capital Investment Fees are paid by developers of properties.

Limitations and Other Important Factors The funds committed by developers are used specifically for design/construction of public off-site improvements. Goals for Capital Investment The goal of the use of this fund is to expand City facilities to accommodate growth, with an exception for Police and Fire, as they are funded by their own impact fees.

Project List Summary Projects

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

502000 - Intersection Improvements

$210,000

$200,000

525018 - Downtown Safety Improvements 526018 - Citywide Pedestrian Improvements

$175,000

$135,000

$150,000

$165,000

$150,000

$150,000

$150,000

$150,000

568014 - Parking Lot Maintenance & Rehabilitation

$40,000

$40,000

$40,000

$40,000

$40,000

$40,000

Totals $365,000

$550,000

$190,000

$390,000

$190,000

$190,000

Six-Year Pro Forma

2017-18 YE Projected

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

Beginning Fund Balance Revenues - Non- AB1600 RDCS Revenues - Other Expenditures - CIP Projects Expenditures - Other Ending Fund Balance

$1,120,338

$321,218

$538,356

$610,031

$753,673

$728,314

$907,361

$217,268

$584,100

$619,177

$331,175

$362,170

$366,572

$375,737

$4,400

$6,399

$11,243

$11,468

$11,697

$11,931

$12,170

$1,004,418

$365,000

$550,000

$190,000

$390,000

$190,000

$190,000

$16,370 $321,218

$8,361

$8,745

$9,001

$9,226

$9,456

$9,693

$538,356

$610,031

$753,673

$728,314

$907,361

$1,095,575

2019-2024 Six-Year Capital Improvement Program

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