Operating and CIP Budget Fiscal Year 2015-16

Less Dept Revenues

Less Transfer In

Percent of total

Total Costs

Net Costs

Department

Police Fire Administration

14,182,637 $

$

(914,604) (251,940) (1,978,700)

$

(100,000)

13,168,033 $

56.7% 21.9%

 CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP

5,329,155 3,943,338 750,000 1,906,471

- - -

5,077,215 1,964,638 750,000 530,855 404,227 296,406

8.5% 3.2% 2.3% 1.7% 1.3% 0.9% 0.7% 0.6% 0.6% 0.5% 0.4% 0.4% 0.3% 0.1%

Economic Development Street Maintenance Pavement Rehab CIP Recreation & Community Services

- - -

(1,375,616)

404,227

-

6,834,635

(6,478,229)

(60,000)

Park Maintenance OPEB

200,000 155,121 137,550

- - -

- - -

200,000 155,121 137,550

Building Maintenance - Old City Hall/El Toro Youth Center

SVRIA PERs Rate Stabalization Downtown Maintenance Environmental Programs Congestion Management Future Replacement - Old City Hall

130,000 111,838 104,156 270,001 75,116 28,507

- - -

- - - - - -

130,000 111,838 104,156 90,001 75,116 28,507

(180,000)

- -

TOTALS Cable TV

43,649

(48,987)

-

(5,338)

0.0%

34,606,401 $

(9,852,460) $

$

(1,535,616)

$

23,218,325

100.00%

Park Maintenance Fund

Morgan Hill funds its park maintenance activities from the City’s Park Maintenance Fund. The revenue for this fund are derived from the City’s Residential Development Control System (RDCS) process and are "voluntary" payments that assist developers in gaining points for housing allocations. When this fund was established more than 10 years ago, the goal was to "endow" park maintenance so that it would not rely on the General Fund. However, to make this a reality, the fund would need to grow to at least $30 million so the annual interest would cover the cost of park maintenance expenses. Today this fund has a balance of approximately $4.8 million. Since this laudable goal would take many years to achieve, the Council decided to pay for park maintenance directly from this fund and then augment its funding sources through a $200,000 annual contribution from the GF. Moving forward, the Council may want to evaluate this strategy as part of the upcoming public infrastructure funding proc- ess especially since there is a $600,000 annual funding gap for park capital repair and replacement.

Community Development Fund

The Community Development Fund is a special revenue fund that is entirely supported by fees paid from developers and residents for planning, building, and engineering services. Due to the recent surge in building activity, this fund

CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 15-16  OPERATING AND CIP BUDGET

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