FY 2018-19 and 2019-20 Adopted Operating and CIP Budget
CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM
Expenditure Schedule & Category
Parks & Recreation: 137015
2018-19
2019-20
2020-21
2021-22
2022-23
2023-24
86200 - Professional Services
$105,000
86220 - Architecture and Design
$250,000
86360 - Construction
$4,995,000
86530 - Project Implementation
$100,000
$200,000
PROJECT COST
$5,450,000
$200,000
Funding Source(s)
2018-19
2019-20
2020-21
2021-22
2022-23
2023-24
f301 - Park Impact Fund
$5,450,000
$200,000
FUNDING TOTALS
$5,450,000
$200,000
Financial Comments $700,000 has previously been expended or appropriated to support the design of this project. Grant Funds and donations totaling $2.37 million have been secured for this project. $1.1 million in additional fundraising is necessary to fully fund this project.
Estimated Project Schedule
Timeframe
Planning
Complete
Project Design
Construction documents in Quarter 1 of FY 2018/19
Construction
Commence Summer 2019
Project Closeout
Summer 2020
Operating Cost Impacts Maintenance costs would vary by design, location, and size of the playground. It is estimated that maintenance of the facility could cost between $30,000 - $50,000 annually if maintained by the City. However, it is envisioned that volunteers could offset some of this annual cost.
2019-2024 Six-Year Capital Improvement Program
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