Operating and CIP Budget Fiscal Year 2015-16

Water Operations 5 Year Forecast

40%

 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

30%

26%

29%

20%

13%

10%

0%

1%

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

-5%

Actual

YearEnd Projection

Adopted

Forecast

Forecast

Forecast

Forecast

-10%

-13%

-21%

-20%

-30%

WaterOperations Fund Balance

FundBalance Goal of 25% of Expenditures

Water Fund 5 Year Forecast (in millions of dollars)

Year End Projection Adopted Forecast

Forecast

Forecast

Forecast 2019-20

2014-15

2015-16

2016-17

2017-18

2018-19

Beginning Balance

$3.3

$2.7

$1.3 8.8

$0.1 10.1

$(0.6)

$(1.4)

Revenues/Transfers In

8.9

8.5

10.3

10.5

Expenditures/Transfers Out

(9.4)

(9.9)

(10.0)

(10.8) $(0.6)

(11.2) $(1.4) (13%) $(0.8)

(11.5) $(2.4) (21%) $(0.9)

Ending Balance

$2.7 29%

$1.3 13%

$0.1

Fund Balance/Expenditure (%)

1%

(5%)

Operating Margin

$(0.5)

$(1.4)

$(1.2)

$(0.7)

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

23