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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 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
26%
29%
13%
1%
-5%
-13%
-21%
-30%
-20%
-10%
0%
10%
20%
30%
40%
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
2019-20
Actual
YearEnd
Projection
Adopted
Forecast
Forecast
Forecast
Forecast
Water Operations 5 Year Forecast
WaterOperations Fund Balance
FundBalance Goal of 25% of Expenditures
Water Fund 5 Year Forecast
(in millions of dollars)
Year End Projection Adopted Forecast
Forecast
Forecast
Forecast
2014-15
2015-16
2016-17
2017-18
2018-19
2019-20
Beginning Balance
$3.3
$2.7
$1.3
$0.1
$(0.6)
$(1.4)
Revenues/Transfers In
8.9
8.5
8.8
10.1
10.3
10.5
Expenditures/Transfers Out
(9.4)
(9.9)
(10.0)
(10.8)
(11.2)
(11.5)
Ending Balance
$2.7
$1.3
$0.1
$(0.6)
$(1.4)
$(2.4)
Fund Balance/Expenditure (%)
29%
13%
1%
(5%)
(13%)
(21%)
Operating Margin
$(0.5)
$(1.4)
$(1.2)
$(0.7)
$(0.8)
$(0.9)