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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
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
FY15-16
OPERATING AND CIP BUDGET
CITY
Capital Project Fund
Used to account for financial resources used for the acquisition or construction of major capital facilities (other than
those financed by Enterprise and Internal Service Funds).
CCC
Community and Cultural Center - the campus includes the Community Playhouse, Gavilan College, the Outdoor Amphi-
theater, the main Community and Cultural Center building.
CDBG
Community Development Block Grant - the CDBG program is a flexible program that provides communities with re-
sources to address a wide range of unique community development needs. Beginning in 1974, the CDBG program is
one of the longest continuously run programs at the US Department of Housing and Urban Development (HUD). The
CDBG program provides annual grants on a formula basis to 1180 general units of local government and States.
Certificate of Deposit
A negotiable or non-negotiable receipt for monies deposited in a bank or financial institution for a specified period at a
specified rate of interest
CIP Engineering
All work involved in preparation of construction plans, contractual documents and construction administration for the
design and upgrade of various infrastructures for projects identified in the 5-year Capital Improvement Program.
Contingency
A budgetary reserve set aside for emergencies or unforeseen expenditures not otherwise budgeted for.
COP
Certificate of Participation - provides long-term financing through a lease or installment sale agreement that does not
constitute indebtedness under the state constitutional debt limit and does not require voter approval
CRC
Centennial Recreation Center - the 52,000 square foot Centennial Recreation Center features a gymnasium, fitness
center, indoor pool with water play features, teen and senior wing, multi-purpose room, and computer lab.
CSOA
Community Service Officers Association – the City of Morgan Hill public safety support union
Glossary
(continued)