Operating and CIP Budget Fiscal Year 2015-16

City Manager’s Office 17575 Peak Avenue Morgan Hill, CA 95037 TEL: 408.779.7271 Fax: 408.779.1592 www.morganhilll.ca.gov

 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

DATE: JULY 1, 2015

SUBJECT: FISCAL YEAR 2015-16 BUDGET TRANSMITTAL

Dear Honorable Mayor, Councilmembers, City Employees, and the Morgan Hill Community,

I am please to present the City Council Adopted FY 15-16 Annual Operating and Capital Improvement Program (CIP) Budget. As a result of the City Council’s budget discussion and deliberation, the City Manager’s recommended budget was adopted on June 17, 2015.

In total the adopted budget includes:

Total Expenditures:

$127.2 million

General Fund:

$34.6 million

Community Development Fund: $4.7 million

Wastewater Fund:

$9.8 million

Water Fund:

$9.9 million

Capital Improvement Program: $38.2 million

Total FTE:

186.5

The FY 15-16 Adopted Budget represents the continued commitment of the City Council, Leadership Team, and all the City employees to preserve and improve the unique qualities of Morgan Hill. The budget provides guidance by which we move forward to enhance services and ensure long-term fiscal sustainability. As we continue to work on key initia- tives, there are many signs that the Morgan Hill community will prosper. At the same time, the Council and commu- nity must continue to find ways to deal with the significant challenges that remain: ensuring the community’s water and wastewater infrastructure is financially and environmentally sustainable and that a community focused effort to invest new resources in the community’s aging public infrastructure is considered so that Morgan Hill remains a highly desirable place to live, work, play and do business.

New for FY 15-16 is the “Budget in Brief”. The City of Morgan Hill’s Budget in Brief is intended to provide the public with key information about the City’s 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 BUDGET

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