Operating and CIP Budget Fiscal Year 2015-16

 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 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  FY15-16  OPERATING AND CIP BUDGET  CITY FY 2015-16 Combined Statement: Revenues, Expenditures and Changes in Fund Balance General Special Capital Debt Internal All Fund Revenue Project Service Enterprise Services Agency Funds SOURCES OF FUNDS Property Tax/Assessments 9,032,581 183,884 - - - - 1,841,159 11,057,624 Other Taxes 13,324,139 - - - - - - 13,324,139 Licenses & Permits 194,083 - - - - - - 194,083 Fines & Penalties 68,240 - - - - - - 68,240 Use of Money & Property 885,440 203,552 385,984 20,099 225,400 52,808 25,758 1,799,042 Other Agencies 454,530 8,979,684 186,605 - - - - 9,620,819 Charges for Current Svs. 7,867,823 5,946,509 9,858,202 - 26,354,231 9,560,384 - 59,587,149 Other Revenues 371,071 636,948 5,097,248 - 258,660 3,000 - 6,366,927 Transfers In 1,535,616 565,564 950,000 867,059 2,019,769 836,985 - 6,774,993 TOTAL SOURCES 33,733,525 16,516,141 16,478,039 887,158 28,858,060 10,453,177 1,866,917 108,793,017 USES OF FUNDS Salaries 18,099,380 4,009,775 463,506 - 4,603,661 3,319,543 - 30,495,866 Supplies & Services 10,126,521 2,486,494 485,694 - 8,585,889 4,288,152 12,789 25,985,539 Capital Outlay 41,100 369,925 88,500 - 721,697 1,445,000 - 2,666,222 Debt Services 111,184 6,924,744 - 792,448 3,995,021 25,874 1,685,528 13,534,798 Internal Service 4,399,733 763,990 261,774 3,211 1,273,643 367,476 10,611 7,080,438 Transfers Out 1,828,484 1,361,319 589,333 - 2,935,824 60,034 - 6,774,993 Project Expenditure - 4,618,061 12,884,000 - 23,174,000 - - 40,676,061 TOTAL USES 34,606,402 20,534,308 14,772,806 795,659 45,289,735 9,506,078 1,708,928 127,213,917 SOURCE/USE VARIANCE (872,877) (4,018,167) 1,705,233 91,499 (16,431,675) 947,098 157,989 (18,420,900) FUND BALANCE 7/1/15 12,334,070 15,126,471 30,262,212 947,019 37,428,755 8,142,682 1,999,234 106,240,442 PROJ. BALANCE 6/30/16 11,461,193 11,108,305 31,967,445 1,038,518 20,997,080 9,089,780 2,157,223 87,819,543

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