FY 2018-19 and 2019-20 Adopted Operating and CIP Budget
CITY OF MORGAN HILL CAPITAL IMPROVEMENT PROGRAM
Expenditure Schedule & Category
Streets & Roads: 519000
2018-19
2019-20
2020-21
2021-22
2022-23
2023-24
86220 - Architecture and Design
$50,000
$50,000
$50,000
$50,000
$50,000
$50,000
86360 - Construction
$3,250,000
$4,107,000
$2,150,000
$2,150,000
$2,150,000
$2,150,000
86530 - Project Implementation
$290,000
$350,000
$200,000
$200,000
$200,000
$200,000
PROJECT COST
$3,590,000
$4,507,000
$2,400,000
$2,400,000
$2,400,000
$2,400,000
Funding Source(s)
2018-19
2019-20
2020-21
2021-22
2022-23
2023-24
f308 - Street CIP
$3,590,000
$4,507,000 $2,400,000
$2,400,000
$2,400,000
$2,400,000
FUNDING TOTALS
$3,590,000
$4,507,000 $2,400,000
$2,400,000
$2,400,000
$2,400,000
Financial Comments Funding includes new revenues from Measure B, SB1, OBAGII Grant Funds and contributions from the General Fund of $1,000,000 for the first two years and $250,000 annually for the remaining years.
Estimated Project Schedule
Timeframe
Planning
Ongoing
Project Design
Design will occur annually for identified projects
Construction
Will commence in the summer annually
Operating Cost Impacts Pavement rehabilitation reduces overall maintenance cost as affected streets are improved.
2019-2024 Six-Year Capital Improvement Program
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