City of Morgan Hill Adopted Budget FY 2016-17 and FY 2017-18

 CITY OF MORGAN HILL  FY 16-17 and 17-18  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 16-17 and 17-18  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 16-17 and 17-18  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL 

Park Maintenance Fund

Morgan Hill funds its park maintenance activities from the City’s Park Maintenance Fund. The revenue for this fund is derived from the City’s Residential Development Control System (RDCS) process and represents "voluntary" payments that assist developers in gaining points for housing allocations. When this fund was established more than 10 years ago, the goal was to "endow" park maintenance so that it would not rely on the General Fund. However, to make this a reality, the fund would need to grow to at least $30 million so the annual interest would cover the cost of park maintenance expenses. Today, this fund has a balance of approximately $5.4 million. Since this laudable goal would take many years to achieve, the Council decided to pay for park maintenance directly from this fund and then augment its funding sources through a $200,000 annual contribution from the General Fund. The Adopted Biennial Budget and subsequent forecast years assume this transfer.

Capital Improvement Program (CIP)

The Adopted FY 16-17 through FY 21-22 CIP totals $107.4 million. The primary project categories include 1) Parks and Recreation ($20.6 million), 2) Public Facilities ($3.6 million), 3) Storm Drainage ($6.0 million), 4) Streets & Roads ($16.5 million), 5) Wastewater ($45.0 million), and 6) Water ($15.7 million).

FY 16-18 CIP is appropriated as part of the FY 16-18 Biennial Budget approval and it totals $57.4 million. Some of the project highlights include the following:

1. Downtown Parks and Trails ($4.1 million): Create parks and trails in the Downtown that are integrated as part of Downtown revitalization. 2. Library Expansion ($3.4 million): Design and construction for the expansion and improvement of the Morgan Hill Library that includes space modification and improvements. 3. Pavement Rehabilitation Program ($3.3 million): Ongoing program to address the City's pavement rehabilitation needs (see additional information in next section). 4. Hale Avenue Extension ($3.9 million): The extension would provide relief for congestion along Monterey Road through the Downtown and relief for the residential areas west of the Downtown. It is important to note that the majority of project funding will need to be secured prior to commencing construction. 5. Sewer Plant Improvement ($1.3 million) and Sewer Plant Expansion Project ($2.0 million): These projects are for the City's 41.9 percent share of the improvement and expansion costs at the South County Regional Wastewater Authority (SCRWA) treatment plant which is co-owned with the City of Gilroy.

 CITY OF MORGAN HILL  FY 16-17 and 17-18  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 16-17 and 17-18  OPERATING AND CIP BUDGET  CITY OF MORGAN HILL  FY 16-17 and 17-18

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