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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
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
FY16-17 and 17-18
Redevelopment Agency (RDA)
Dedicated to improving the quality of life in Morgan Hill. The Agency works to remove blight and breathe new life
into deteriorated areas of the city. The Agency is also responsible for many of the improvements to the city’s infra-
structure (street and sewer improvements), renewal of the downtown area, construction of community facilities,
affordable housing, and economic development.
Reserves
An account used to indicate that a portion of fund equity that is legally restricted for a specific purpose.
Resources
Total dollars available for appropriations including estimated revenues, fund transfers, and beginning fund balances.
Revenues
Total dollars received from taxes, fees, permits, licenses, interest, and intergovernmental sources including grants
within the fiscal year.
Revenue Bonds
Bonds which pledge one specific revenue source to repayment. In addition to a pledge of revenues, such bonds
sometimes may be secured by a lien against property.
Revenue Estimate
A formal estimate of how much revenue will be earned from a specific revenue source for some future period; typi-
cally, a future fiscal year.
SCRWA
The South County Regional Wastewater Authority - handles the disposal of wastewater from Gilroy and Morgan Hill.
Special Revenue Fund
Separate fund used to account for the proceeds of special revenue sources that are restricted by law (or administra-
tive action) to expenditures for specific purposes.
Transit Occupancy Tax (TOT)
Tax on persons staying 30 days or less in a hotel, inn, motel, tourist home, non-membership campground or other
lodging facility.
Glossary
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