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City of Morgan Hill Infrastructure Update
Page B18
As the chart demonstrates, it is not possible to comprehensively address the funding gap and
remain in compliance with the policy set in the Sustainable Budget Strategy. For all the
scenarios outlined in the chart the downward trend demonstrates that other General Fund
services would need to be reduced to fund infrastructure maintenance from the General Fund
or new revenue sources would need to be realized.
34%
41%
35%
34%
32%
31%
30%
41.5%
16.9%
-1.2%
-19.1%
-35.1%
-49.7%
20.6%
6.1%
-8.4%
-21.4%
-33.1%
31.2%
26.9%
22.5%
17.6%
13.5%
-50.0%
-40.0%
-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
Actual
Actual
YEP
Forecast
Forecast
Forecast
Forecast
General Fund 5 Year Forecast
General Fund Balance
Fund Balance Goal of 25% of Revenues
Fund Balance Minimum Level of 15% of Revenues
Fully Funded Infrastructure
Funded Streets Only
Funded Buildings and Parks Only