or should not be revoked; or any moratorium period imposed pursuant to this chapter has expired.
5.32.170 Revocation or suspension.
All massage establishment operators shall be deemed to know and understand the requirements and prohibitions of this chapter. Any massage establishment permit issued pursuant to this chapter may be suspended or revoked by the police chief after a hearing, where the police chief findsfindings are made that any of the following have occurred on even a single occasion:
(a) The permittee or any person employed or retained by the massage establishment has violated any provision of this chapter, the California Business and Professions Code Sections 4600 et seq., or any local, state, or federal law. (b) The permittee or any person employed or retained by the massage establishment has been convicted in a court of competent jurisdiction of having violated, or has engaged in conduct constituting a violation of, any of the following: California Penal Code Sections 266, 266a, 266e, 266f, 266g, 266h, 266i, 266j, 315, 316, 318, 647(b), or 653.22, or conspiracy or attempt to commit any such offense, or any offense in a jurisdiction outside of the State of California that is the equivalent of any of the aforesaid offenses.
(c) The permittee or any person employed or retained by the massage establishment is required to register under Section 290 of the California Penal Code. (d) The permittee has been subject to a permanent injunction against the conducting or maintaining of a nuisance pursuant to this code, or Sections 11225 through 11235 of the California Penal Code, or any similar provision of law in any jurisdiction outside the State of California.
(e) The permittee or any person employed or retained by the massage establishment has engaged in fraud or misrepresentation or has knowingly made a misstatement of material fact while working in or for the massage establishment. (f) The permittee has continued to operate the massage establishment after the massage establishment permit has been suspended.
(g) The CAMTC license has been suspended or revoked of a licensed CAMTC massage therapist owner or operator.
(hg) Massage has been performed on the premises of the massage establishment, with or without the permittee's actual knowledge, by any person who is not a duly authorized, in good standing CAMTC-certified massage professional.
(ih) A person who is not a duly authorized CAMTC-certified massage professional has provided outcall massage services through or on behalf of the massage establishment. (ji) There have been one or more acts prohibited under California Penal Code Sections 266, 266a, 266e, 266f, 266g, 266h, 266i, 266j, 315, 316, 318, 647(b), or 653.22 taking place on the premises of the massage establishment, whether or not any criminal prosecution has been pursued or conviction obtained for such acts, and whether or not they occurred with or without the actual knowledge of the permittee.
(kj) The permittee or any person employed or retained by the massage establishment or any other person on the premises of the massage establishment has engaged in conduct or committed acts that a reasonable person in the patron's position would understand as an offer to perform on or engage in with the patron acts that are sexual in nature or that involve touching of the patron's genitals, or anal region. (lk) The permittee or any person employed or retained by the massage establishment has engaged in sexually suggestive advertising related to massage services on the premises of the massage establishment, including, but not limited to, displaying photographs of individuals clothed in swim attire, or attire that is transparent, see-through or substantially exposes the individual's undergarments, breasts, buttocks, or genitals, describing massage services as "erotic," "sensual" or similarly sexual in nature, listing advertisements in adult media, or describing the appearance or age of massage providers.
(ml) If the applicant has failed to comply with a final court order or administrative action of an investigatory agency finding a violation of applicable federal, state and local wage and hour laws, including, but not limited to, the Federal Fair Labor Standards Act, the California Labor Code, and any local minimum wage ordinance or prevailing wage requirements. For purposes of this subsection, a final court order or administrative action is one as to which there is no pending appeal and the time for filing an appeal has passed.
5.32.180 Hearing for revocation or suspension.
(a) The police chief shall give written notice of a hearing for the proposed revocation or suspension of any permit granted pursuant to this chapter to the permittee. The notice shall set forth the date that the revocation or suspension is effective, the time and place of the hearinginformal meeting with the Police Chief, the ground or grounds upon which the hearingrevocation or suspension is based, the pertinent code sections, and a brief statement of the factual issues in support thereof. The notice shall be mailed, postage prepaid, addressed to the permittee at the last knownbusiness address of the permittee, or it shall be delivered to the permittee personally, at least ten business days prior to the hearingeffective date. The owner/operator has of the suspension or revocation, unless immediate revocation is necessary to protect the right to attendpublic health and safety, such as criminal activity resulting in the hearingarrest of one or more individuals at the massage establishment or building code violations that render the massage establishment unsafe to occupy. (b) No appeal may be taken to any such administrative decision made by the police chief pursuant to the provisions of this chapter unless such decision to appeal has been first taken up with the police chief. This shall be an informal meeting to allow the permittee to provide evidence that the permit should not be suspended or revoked. (c) Failure to attend an informal meeting with the Chief shall be deemed a forfeiture of any right to appeal the decision to suspend or revoke a permit. (d) Within ten business days of the hearinginformal meeting, the police chief shall render his or her decision in writing, stating his or her findings and the action taken, if any. The decision letter shall be mailed, postage prepaid, addressed to the permittee at the last known address
of to the permittee, at the business address or it shall be delivered to the permittee personally. The decision letter shall include the information of the right to appeal. (c) Within(e) The permittee may appeal the decision to suspend or revoke a massage establishment permit by filing a written notice of appeal with the city manager, within ten days from the deposit of the decision letter in the mail or its receipt by the permittee, whichever occurs first, the permittee may appeal the decision in writing to the city manager or designee, setting forth with particularityspecifying in detail the ground or grounds for the appeal.
(df) The city manager or designee shall give written notice ofset a time and place for the hearing on the appeal not less than tenfifteen days and not more than sixty days from the date the appeal was received by the city manager or designee., and shall give at least five days’ written notice by mail to the permittee of the date, time, and place for the hearing. The hearing shall be conducted in accordance with Section 5.32.190. (eg) After the hearing on the appeal, the city manager or designeehearing officer may refer the matter back to the police chief for a new investigation and decision, may affirm the decision of the police chief, may dismiss the disciplinary action, or may revoke or suspend the permit. The permittee will be notified by the city manager. The decision of the city manager or designee hearing officer upon such appeal shall be final and shall be subject to judicial review according to the provisions and time limits set forth in Code of Civil Procedure Section 1094.6.
(fh) The notices provided to the massage establishment pursuant to this section may also be sent to the owner of the premises where the massage establishment is located. However, failure to provide notice to the property owner shall not invalidate any actions taken by the city.
5.32.190 Hearing rules.
The following rules shall apply to any hearing required by this chapter. (a) The city manager may hear the appeal, or designate a city employee or third party to act as the hearing officer.
(b) All parties involved shall have the right to offer testimonial, documentary, and tangible evidence bearing on the issues, to be represented by counsel, and to confront and crossexamine witnesses. (c) Any relevant evidence may be admitted if it is the sort of evidence upon which reasonable persons are accustomed to rely in the conduct of serious affairs. Any (d) The hearing under this chapterofficer may conduct the hearing informally, both as to rules of procedure and admission of evidence, in any manner which will provide a fair hearing.
(e) A continuance may be continuedgranted for a reasonable time for the convenience of a good cause if the party seeking the continuance has made a good faith effort to prevent the recurrence of the incident that led to the notice of intent to revoke or witnesssuspend.
(f) If the police chief submits an additional written report concerning the revocation or suspension to the hearing officer for consideration at the hearing, then a copy of this
report also shall be mailed to the person requesting the hearing at least five days prior to the date of the hearing. Any administrative citation, revocation or suspension letter, and any additional report submitted by the police chief shall constitute prima facie evidence of the respective facts contained in those documents. (g) The standard of proof shall be by a preponderance of the evidence. (h) Failure to attend an appeal hearing is grounds for dismissal of the appeal and constitutes a failure to exhaust the administrative remedies.
5.32.200 Violations unlawful and a public nuisance—Penalties, nuisance abatement, and other remedies.
Any massage establishment operated, conducted, or maintained contrary to the provisions of this chapter shall be, and the same is hereby declared to be, unlawful and a public nuisance, and the city attorney may, in addition to or in lieu of prosecuting a criminal action hereunder, commence an action or actions, proceeding or proceedings, for the abatement, removal and enjoinment thereof, in the manner provided by law. Such remedies shall be in addition to any other judicial and administrative penalties and remedies available to the city under this code or under state law.
Section 2. Severability. Should any provision of this ordinance be deemed unconstitutional or unenforceable by a court of competent jurisdiction, such provision shall be severed from the ordinance, and such severance shall not affect the remainder of the ordinance.
Section 3. Effective Date; Posting. This Ordinance shall take effect on ____ ______, 2025.
The City Clerk is hereby directed to publish this Ordinance or a summary thereof pursuant to Government Code Section 36933.
This ordinance was introduced at a meeting of the City Council held on the _____ day of _____, 2025, and adopted at a meeting held on the _____ day of ________, 2025, and said ordinance was duly passed and adopted in accordance with law by the following vote:
AYES: COUNCIL MEMBERS:
NOES: COUNCIL MEMBERS:
ABSTAIN: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
ATTEST: APPROVED:
______________________________ _______________________________ MICHELLE BIGELOW, City Clerk MARK TURNER, Mayor
CERTIFICATE OF THE CITY CLERK
I, MICHELLE BIGELOW, CITY CLERK OF THE CITY OF MORGAN HILL, CALIFORNIA, do hereby certify that the foregoing is a true and correct copy of Ordinance No. , New Series, adopted by the City Council of the City of Morgan Hill, California at their regular meeting held on the ____ day of ________, 2025.
WITNESS MY HAND AND THE SEAL OF THE CITY OF MORGAN HILL.
DATE: _______________________ _____________________________ MICHELLE BIGELOW, City Clerk
24 CITY COUNCIL STAFF REPORT
MEETING DATE: May 21, 2025
PREPARED BY:
Dat Nguyen, Finance Director
APPROVED BY: City Manager
RECEIVE MONTHLY BUDGET UPDATE; MARCH 2025 FINANCIAL
AND INVESTMENT REPORTS; AND CITY MANAGER AUTHORITY
REPORT
RECOMMENDATION(S)
Receive and file reports.
COUNCIL PRIORITIES, GOALS & STRATEGIES
City Council Ongoing Priorities
Preserving and Cultivating Public Trust
2024-2025 Strategic Priorities
Fiscal Sustainability
Community Engagement
REPORT NARRATIVE:
As part of the City Council’s expectation to maintain a high level of transparency and to be responsible stewards of public funds, staff are providing this monthly budget update, along with the March 2025 financial and investment reports.
March 2025 Financial Report
The Revenue and Expense Summary through March 2025 is included on page 4 of the attached monthly financial and investment reports. Overall, General Fund revenues total $33.5 million or about 59% of the budget. Expenditures, including encumbrances, amounted to $45.8 million, of which approximately $2.5 million is attributable to outstanding encumbrances, compared to prior year expenditures, including encumbrances, of $43.8 million. This represents an increase of $2.0 million, including encumbrances, compared to the prior year. Excluding the encumbrances, expenditures increased by about $2.6 million, primarily due to additional staffing, negotiated salary adjustments, and overall cost increases.
Budget Update
The latest sales tax estimate provided by HdL, the City’s sales tax consultant, projects approximately $12.0 million in revenue for the current fiscal year, about $0.1 million higher than the previous estimate. However, this still represents a reduction of approximately $0.9 million compared to the current year’s budget. Additionally, the sales
24 tax estimate for the next fiscal year has been revised downward to $12.2 million, a decrease from the previous estimate of $12.4 million. That’s approximately $1.1 million less than the budgeted amount of $13.3 million for the next fiscal year 2025–26.
Regarding property tax, the County projects that the City will receive approximately $2.5 million in excess ERAF (net of reserve provisions) for the next fiscal year. This is about $0.6 million more than the budgeted amount of $1.9 million for ERAF. According to the County, the increase in the preliminary FY2025-26 projection is primarily due to a reduced funding requirement for schools and State special education programs, attributable to lower average daily attendance and a low cost-of-living factor adopted by the State.
In terms of water revenue, Morgan Hill residents consumed approximately 8% more water through March compared to the prior three-year average. As a result, no revenue stabilization water rate was implemented.
City Manager’s Authority Report
Pursuant to the City Council Policy 18-05 - Report on delegation of authority to City Manager, Page 21 of Attachment 1 lists the contracts and or agreements between $25,000 to $75,000, or the limit of the California Uniform Public Construction Cost Accounting Act (CUPCCAA), entered into by the City Manager since the last report from January 13, 2025, through May 1, 2025.
On December 7, 2022, the City Council delegated the authority to the City Manager to accept all future donations from Shoe Palace and directed the City Manager to report any donations from Shoe Palace over $5,000 in the quarterly financial reporting. On January 7, 2025, the Morgan Hill Fire and Police Departments each received a $4,000 donation, for a total of $8,000, for supplies from Shoe Palace.
COMMUNITY ENGAGEMENT:
Inform
Finance staff prepares these financial reports to inform City officials, the Council, the community, and various lenders and stakeholders about the financial health of the organization, which assists each one of the interested parties in making sound financial and investment decisions.
ALTERNATIVE ACTIONS:
Not Applicable
PRIOR CITY COUNCIL AND COMMISSION ACTIONS:
The City Council receives and files the financial and investment report for each month.
At the September 16, 2015 meeting, City Council recommended monthly financial and investment reports be agendized under the Consent Agenda, and quarterly financial and investment reports be presented to City Council as an “Other Business” item.
24 FISCAL AND RESOURCE IMPACT:
The preparation of the report is a part of the Finance workplan.
CEQA (California Environmental Quality Act):
Not a Project
Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment.
FINANCE DEPARTMENT
CITY OF MORGAN HILL
March 31, 2025 - 75% of Year Complete
Prepared by:
Monthly Financial and Investment Reports
CITY OF MORGAN HILL, CALIFORNIA
FINANCIAL STATEMENT ANALYSIS - FISCAL YEAR 2024-25
FOR THE MONTH ENDED MARCH 2025 – 75% OF YEAR COMPLETE
General Fund – Revenues through March totaled $33.5 million, or about 59% of the budget.
Regarding the property tax revenue forecast, the County estimates the City will receive approximately $20.0 million in property tax revenue for the current fiscal year, slightly exceeding the budget of $19.4 million. However, after adjusting for the excess ERAF set-aside of 20%, or $0.5 million, the revised property tax revenue shows only a modest increase over the budget. As for sales tax, HdL, the City's sales tax consultant, estimates the City's current fiscal year sales tax revenue (before tax rebates) at $12.0 million, slightly higher than previous estimate by about $0.1 million. Nevertheless, this still represents a reduction of approximately $0.9 million from the current year's budget, partially attributable to lower tax receipts from vehicle sales and one-time adjustments in the prior year’s receipts. Furthermore, the estimate for the next fiscal year has been further reduced to $12.2 million, down from the previous estimate of $12.4 million.
The chart below shows historical General Fund revenues by major revenue category from FY20-21 through FY23-24 Actual, FY24-25 Budget, and YTD as of March 31, 2025.
General Fund expenditures and encumbrances through March totaled $45.8 million, of which approximately $2.5 million is attributable to outstanding encumbrances, compared to prior year expenditures, including encumbrances, of $43.8 million. This represents an increase of $2.0 million, including encumbrances, compared to the prior year. Excluding the encumbrances, expenditures increased by about $2.6 million, primarily due to additional staffing, negotiated salary adjustments, and overall cost increases.
• Community Services – The Community Services Department’s recreation operations, as reflected in the schedule presented on page 7 of the Monthly Financial and Investments Reports, shows a negative impact to the General Fund of approximately $1.0 million as of March 31, 2025. Recreation Services revenues continue to recover from the pandemic and are on target with budget. $16.0 $16.7 $18.1 $19.1 $19.4
$9.1
$11.0 $12.9 $12.7 $12.2 $12.8
$7.2
$4.4
$5.9 $5.7 $6.0 $5.9
$2.8
$5.6
$6.9 $8.1 $9.2 $10.3
$8.1
$9.8
$9.7 $7.8
$9.5 $8.1
$6.3
$46.8
$52.1 $52.4
$56.0 $56.5
$33.5
0 10
20 30
40 50
60 FY20-21 FY21-22 FY22-23 FY23-24 Budget
FY24-25
YTD
FY24-25
Millions ($)
Historical GF Revenues
Property Tax Sales Tax Franchise and Hotel Taxes Service Charges Other
CITY OF MORGAN HILL, CALIFORNIA
FINANCIAL STATEMENT ANALYSIS - FISCAL YEAR 2024-25
FOR THE MONTH ENDED MARCH 2025 – 75% OF YEAR COMPLETE
The chart below shows the historical net impact of Recreation Operations to the general fund.
Due to longstanding governmental accounting and budgeting convention, the City’s recreation operations are not charged for indirect costs (known in Morgan Hill as “General Fund Administration”) from the central services departments of City Attorney, City Manager, and Administrative Services.
The City’s other governmental funds, such as Development Services, and the proprietary funds, such as Water and Wastewater, and the Information Services Fund, are assessed such charges through the City’s indirect cost allocation plan, prepared in compliance with the guidelines set forth in the Code of Federal Regulations Title 2, Chapter II, Part 200 (formerly OMB Circular No. A-87), which mandates certain calculation and cost allocation practices that must be followed in order to qualify for Federal grant funding, but which also represents best practice for non-grant funded City operations like utilities and information services.
Development Services Fund – Revenues through March totaled $4.7 million compared to the prior year to date amount of approximately $4.1 million. Expenditures, including encumbrances, totaled $4.7 million.
Debt Service Funds – Expenditures through March totaled $0.6 million. The debt service for the first half of the year includes both interest and principal, while the second half will include interest only.
Debt service payments were scheduled when the bonds were issued and are budgeted for the months specified in the underlying bond documents. The General Fund’s portion of the annual debt service payments is approximately $200,000, less than one percent of the General Fund’s budgeted revenues. ($2.0)
($1.5)
($1.0)
($0.5)
$0.0
$0.5
FY15-16 FY16-17 FY17-18 FY18-19 FY19-20 FY20-21 FY21-22 FY22-23 FY23-24 FY24-25 Budget
Millions (S)
Historical Net GF Impact
CITY OF MORGAN HILL, CALIFORNIA
FINANCIAL STATEMENT ANALYSIS - FISCAL YEAR 2024-25
FOR THE MONTH ENDED MARCH 2025 – 75% OF YEAR COMPLETE
Wastewater Operations – Revenues through March 31, 2025 totaled $11.7 million. Expenditures and outstanding encumbrances totaled $12.3 million or 73% of the budget. The table below shows historical Wastewater Operations revenues and expenditures from FY20-21 through FY23-24 Actual, FY24-25 Budget, and YTD as of March 31, 2025.
(amount in millions) FY20‐21 FY21‐22 FY22‐23 FY23‐24
Budget
FY24‐25
YTD
FY24‐25
Revenues 13.3 14.9 15.3 15.2 16.6 11.7 Expenditures 13.3 14.8 16.0 14.9 16.8 12.3 Operating Margin ‐ 0.1 (0.7) 0.3 (0.2) (0.6) Operating Margin
without Encumbrances ‐ 0.1 (0.7) 0.3 (0.2) (0.6) Water Operations – Water Operations includes Utility Billing, Water Conservation, and Water Operations. Revenues through March 31, 2025 totaled $14.1 million. Water Operations expenditures, including outstanding encumbrances, totaled $14.8 million. Morgan Hill residents consumed about 8% more water through March compared to the prior three-year average. As such, no revenue stabilization water rate was implemented. The table below shows Water Operations revenues and expenditures from FY20-21 through FY23-24 Actual, FY24-25 Budget, and YTD as of March 31, 2025. (amount in millions) FY20‐21 FY21‐22 FY22‐23 FY23‐24
Budget
FY24‐25
YTD
FY24‐25
Revenues 16.5 16.0 18.1 18.7 21.5 14.1 Expenditures 16.5 15.2 18.0 19.1 21.6 14.8 Operating Margin ‐ 0.8 0.1 (0.4) (0.1) (0.7) Operating Margin
without Encumbrances ‐ 0.8 0.1 (0.4) (0.1) (0.2) Investments – Three new securities were purchased. Total interest earnings received on investments were $699,000 during the month.
% OF ACTUAL PLUS % OF
FUND NAME ACTUAL BUDGET ENCUMBRANCES BUDGET
General 33,480,137 $ 59% $ 45,815,475 71%
Development Services 4,705,758 79% 4,706,373 74%
Wastewater Operations 11,742,129 71% 12,319,724 73%
Wastewater Other 15,354,749 85% 11,262,948 59%
Water Operations 14,088,626 65% 14,847,430 69%
Water Other 8,543,608 59% 13,710,737 56%
Other Special Revenues * 5,163,594 63% 7,039,458 63%
Capital Projects & Streets 22,966,774 70% 31,849,482 63% Debt Service 514,258 74% 574,425 85%
Internal Service 10,271,373 71% 11,137,182 70%
TOTAL FOR ALL FUNDS 126,831,006 $ 67% $ 153,263,232 67% * Includes all Special Revenue Funds except Development Services Fund and Street Funds.
REVENUES EXPENSES
0% 10% 20% 30% 40% 50% 60% 70% 80% 90%
General
Development
Services
Wastewater
Operations
Wastewater Other
Water Operations
Water Other
Other Special
Revenues *
Capital Projects
& Streets
Debt Service
Internal Service
Morgan Hill YTD Revenue & Expense Summary
March 31, 2025 - 75% of Year Complete
Revenues to Budget Expenses to Budget
Percentage of Actual to Budget
75%
% OF PRIOR YEAR % CHANGE FROM
REVENUE CATEGORY BUDGET ACTUAL BUDGET TO DATE PRIOR YEAR Property Tax 19,411,020 $ 9,071,527 $ 47% 9,120,367 $ -1% Sales Tax 12,816,469 7,236,440 57% 7,587,252 -5%
Franchise Tax 3,185,872 1,282,171 40% 1,181,910 8%
Hotel Tax 2,678,000 1,551,428 58% 1,578,021 -2%
Other Agencies 1,601,204 1,286,861 80% 696,176 85%
Service Charges 10,323,751 8,102,444 79% 7,537,846 7%
Interest/Other 3,107,665 2,449,699 79% 1,912,638 28%
Transfers In 3,365,760 2,499,565 74% 2,694,585 -7%
TOTAL REVENUES 56,489,742 $ 33,480,137 $ 59% 32,308,794 $ 4% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%
Property Tax
Sales Tax
Franchise Tax
Hotel Tax
Other Agencies
Service Charges
Interest/Other
Transfers In
Total Revenues
Percent of Actual to Budget
Morgan Hill YTD General Fund Revenues
March 31, 2025 - 75% of Year Complete
75%
ACTUAL PLUS PRIOR YTD PLUS % CHANGE FROM
EXPENDITURE CATEGORY BUDGET ENCUMBRANCES % OF BUDGET ENCUMBRANCES PRIOR YEAR Administration $ 7,351,159 $ 5,126,008 70% 4,640,884 $ 10% Community Services 19,922,029 14,040,345 70% 13,297,520 6% Police 25,598,203 17,851,432 70% 16,483,577 8%
Fire 10,381,160 7,704,018 74% 6,961,914 11%
Transfers Out 1,458,230 1,093,673 75% 2,377,825 -54%
TOTAL EXPENDITURES $ 64,710,781 $ 45,815,475 71% 43,761,721 $ 5% 0% 10% 20% 30% 40% 50% 60% 70% 80%
Administration
Community
Services
Police
Fire
Transfers Out
Total Expenditures
Percent of Actual to Budget
Morgan Hill YTD General Fund Expenditures
March 31, 2025 - 75% of Year Complete
75%
City of Morgan Hill
Recreation Report - Fiscal Year 2024-25
For the Month Ended March 31, 2025
75% of Year Complete
% of
Budget March 2025 YTD Budget
Revenues
Membership Services & Rec Programs 6,222,399 $ 703,362 $ 4,745,597 $ Facility Rentals 1,197,395 121,397 1,139,651
Community Services 147,498 7,188 123,540
Transfers in 100,000 6,250 75,000
Total Revenues $ 7,667,292 $ 838,197 $ 6,083,788 79%
Less: Expenditures
Membership & Program Services $ 8,040,818 $ 794,546 $ 5,495,245 Facility Rentals 633,051 48,208 409,330
Community Services 761,973 54,780 428,386
Total Expenditures $ 9,435,843 $ 897,534 $ 6,332,961 67% Net Impact without encumbrances $ (1,768,551) $ (59,336) $ (249,172) Encumbrances - - 738,233
Net Impact with encumbrances $ (1,768,551) $ (59,336) $ (987,405)
The chart below shows cash balances by fund type reconciled to City's financial system:
City of Morgan Hill
Monthly Investment Report ‐ March 31, 2025
The following are the snapshots of City's investment portfolio as of March 31, 2025. The first chart shows the portfolio composition by investment type:
LAIF ‐ $0.1M
< 1%
CA Class ‐ $21.8M
11% Treasury ‐
$13.7M
7%
Money
Market ‐
$5.0M
2%
Federal Agency Issues‐
$149.5M
72%
Certificate of Deposits ‐
$1.0M
< 1%
Bond Reserves/Trust ‐
$15.0M
7%
Cash & Other Deposits ‐ $0.1M
< 1%
Investment Portfolio Composition ‐ $206.2 Million
LAIF ‐ $0.1M
CA Class ‐ $21.8M
Treasury ‐ $13.7M
Money Market ‐ $5.0M
Federal Agency Issues‐
$149.5M
Certificate of Deposits ‐
$1.0M
Bond Reserves/Trust ‐
$15.0M
Cash & Other Deposits ‐
$0.1M
General Fund, $25.3M Development Services,
$1.7M
Water ‐ Operations,
$2.9M
Water Other, $33.5M
Sewer ‐ Operations,
$1.6M
Other Special Sewer Other, $49.0M
Revenue, $18.2M
Streets and Capital
Projects, $38.8M
Debt Service , $0.9M
Internal Service,
$27.7M
Agency Funds (assessment
dists./refundable deposits),
$6.6M
Cash Balances by Fund Type ‐ $206.2 Million
The following chart illustrates a yield comparison by month among the City's portfolio, LAIF and 2‐Year US Treasury:
The chart below illustrates monthly average days to maturity of the City's portfolio along with the weighted average yield for the past two years:
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
Mar‐23
Apr‐23
May‐23
Jun‐23
Jul‐23
Aug‐23
Sep‐23
Oct‐23
Nov‐23
Dec‐23
Jan‐24
Feb‐24
Mar‐24
Apr‐24
May‐24
Jun‐24
Jul‐24
Aug‐24
Sep‐24
Oct‐24
Nov‐24
Dec‐24
Jan‐25
Feb‐25
Mar‐25
Yield Portfolio vs. Benchmarks
LAIF Yield 2 Yr US‐Treasury
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
0 100
200
300
400
500
600
700
800
900
1000
Mar‐23
Apr‐23
May‐23
Jun‐23
Jul‐23
Aug‐23
Sep‐23
Oct‐23
Nov‐23
Dec‐23
Jan‐24
Feb‐24
Mar‐24
Apr‐24
May‐24
Jun‐24
Jul‐24
Aug‐24
Sep‐24
Oct‐24
Nov‐24
Dec‐24
Jan‐25
Feb‐25
Mar‐25
Days Yield
Portfolio Yield and Maturity Trends
Avg Days to Maturity Yield
CITY
City of Morgan Hill
Investment Portfolio Detail
As of March 31, 2025
Investment Settlement Cost Book % of Market YTM Next Call Date of Type CUSIP Date Value Value Portfolio Value at Cost Date Maturity L A I F $ 62,536 $ 62,536 0.0% $ 62,512 4.31% California C L A S S 21,824,883 21,824,883 10.6% 21,824,883 4.40% WFB Money Market 4,646,717 4,646,717 2.3% 4,646,717 4.25% US Bank ‐ Portfolio of Securities
Dreyfus Treasury Agency MM 261908107 372,730 372,730 0.2% 372,730 4.21% Treasury Note 91282CCZ2 10/8/2021 1,987,656 1,996,279 1.0% 1,911,180 1.00% 9/30/2026 9/30/2026 Treasury Note 912828U24 6/13/2022 1,904,688 1,964,966 1.0% 1,939,380 3.16% 11/15/2026 11/15/2026 Treasury Note 91282CFL0 9/30/2024 2,031,719 2,028,557 1.0% 1,994,380 3.53% 9/30/2029 9/30/2029 Treasury Note 91282CLL3 10/1/2024 1,994,323 1,992,793 1.0% 1,976,260 3.53% 9/15/2027 9/15/2027 Treasury Note 91282CCV1 10/4/2024 1,822,536 1,842,823 0.9% 1,823,900 3.61% 8/31/2028 8/31/2028 Treasury Note 31282CFJ5 10/7/2024 1,949,794 1,948,942 0.9% 1,934,760 3.76% 8/31/2029 8/31/2029 Treasury Note 91282CFY2 12/19/2024 1,959,077 1,957,570 0.9% 1,993,900 4.39% 11/30/2029 11/30/2029 FFCB Bond 3133ELC28 5/27/2020 2,000,000 2,000,000 1.0% 1,988,640 0.73% 4/5/2025 5/27/2025 FHLMC Bond 3134GWZG4 10/20/2020 2,000,000 2,000,000 1.0% 1,960,760 0.60% 7/20/2025 10/20/2025 FHLMC Bond 3134GW3X2 10/27/2020 2,000,000 2,000,000 1.0% 1,958,860 0.63% 7/27/2025 10/27/2025 FFCB Bond 3133EMFR8 11/3/2020 2,000,000 2,000,000 1.0% 1,957,260 0.54% 4/5/2025 11/3/2025 FNMA Bond 3135GA4P3 11/18/2020 2,000,000 2,000,000 1.0% 1,955,360 0.65% 11/18/2025 11/18/2025 FHLMC Bond 3134GXEJ9 11/24/2020 2,000,000 2,000,000 1.0% 1,954,360 0.64% 5/24/2025 11/24/2025 FFCB Bond 3133EMHF2 11/24/2020 1,000,000 1,000,000 0.5% 977,310 0.60% 4/5/2025 11/24/2025 FHLMC Bond 3134GXCS1 11/25/2020 3,000,000 3,000,000 1.5% 2,930,820 0.63% 11/25/2025 11/25/2025 FHLMC Bond 3134GXFA7 11/30/2020 2,000,000 2,000,000 1.0% 1,954,080 0.65% 5/26/2025 11/26/2025 FFCB Bond 3133EMLC4 12/22/2020 2,000,000 2,000,000 1.0% 1,947,980 0.47% 4/5/2025 12/22/2025 FHLB Bond 3130AKQ74 1/22/2021 2,000,000 2,000,000 1.0% 1,943,300 0.63% 5/22/2025 1/22/2026 FNMA Bond 3135G06R9 1/28/2021 2,000,000 2,000,000 1.0% 1,941,580 0.55% 5/28/2025 1/28/2026 FHLB Bond 3130AKRN8 1/28/2021 2,000,000 2,000,000 1.0% 1,942,680 0.65% 5/28/2025 1/28/2026 FHLB Bond 3130ALCV4 2/24/2021 2,000,000 2,000,000 1.0% 1,940,780 0.75% 5/24/2025 2/24/2026 FHLB Bond 3130ALDB7 2/25/2021 2,000,000 2,000,000 1.0% 1,938,880 0.66% 5/25/2025 2/25/2026 FHLB Bond 3130AKZ25 2/26/2021 2,000,000 2,000,000 1.0% 1,938,600 0.65% 5/26/2025 2/26/2026 FHLB Bond 3130ALGS7 3/10/2021 2,000,000 2,000,000 1.0% 1,939,280 0.85% 6/10/2025 3/10/2026 FHLB Bond 3130ALEP5 3/16/2021 2,000,000 2,000,000 1.0% 1,934,120 0.70% 6/16/2025 3/16/2026 FHLB Bond 3130ALDN1 3/16/2021 2,000,000 2,000,000 1.0% 1,936,620 0.80% 6/16/2025 3/16/2026 FHLB Bond 3130AMNH1 6/9/2021 2,000,000 2,000,000 1.0% 1,929,440 1.08% 4/5/2025 6/9/2026 FHLB Bond 3130AMYJ5 6/30/2021 2,000,000 2,000,000 1.0% 1,924,460 1.00% 6/30/2025 6/30/2026 FHLB Bond 3130AMYP1 7/15/2021 3,000,000 3,000,000 1.5% 2,892,420 1.13% 7/15/2025 7/15/2026 FHLB Bond 3130AMYS5 7/15/2021 2,000,000 2,000,000 1.0% 1,979,720 0.85% 7/15/2025 7/15/2025 FHLB Bond 3130ANJC5 8/26/2021 2,000,000 2,000,000 1.0% 1,911,580 0.80% 8/26/2025 8/26/2026 FHLB Bond 3130ANLW8 8/26/2021 3,000,000 3,000,000 1.5% 2,874,270 1.00% 5/26/2025 8/26/2026 FHLB Bond 3130ANLZ1 8/26/2021 2,000,000 2,000,000 1.0% 1,914,260 0.90% 8/26/2025 8/26/2026 FHLB Bond 3130A8XY4 9/13/2021 2,103,340 2,029,887 1.0% 1,939,860 0.82% 9/11/2026 9/11/2026 FFCB Bond 3133EM4X7 9/28/2021 1,982,960 1,995,037 1.0% 1,910,460 0.98% 9/10/2026 9/10/2026 FHLB Bond 3130APCH6 9/29/2021 3,000,000 3,000,000 1.5% 2,872,920 1.13% 4/5/2025 9/29/2026 FHLB Bond 3130ANZE3 9/30/2021 2,000,000 2,000,000 1.0% 1,904,700 0.88% 9/30/2026 9/30/2026 FHLB Bond 3130AP6N0 9/30/2021 3,000,000 3,000,000 1.5% 2,869,110 1.05% 6/30/2025 9/30/2026 FHLB Bond 3130AP6M2 9/30/2021 3,000,000 3,000,000 1.5% 2,869,590 1.02% 6/30/2025 9/30/2026 FHLB Bond 3130APCG8 10/19/2021 2,000,000 2,000,000 1.0% 1,909,500 1.00% 7/19/2025 10/19/2026 FHLB Bond 3130APNX9 11/18/2021 2,000,000 2,000,000 1.0% 1,913,480 1.30% 11/18/2025 11/18/2026 FHLB Bond 3130AQHU0 1/19/2022 2,000,000 2,000,000 1.0% 1,940,300 1.74% 1/19/2027 1/19/2027 FHLB Bond 3130AQKT9 1/25/2022 2,000,000 2,000,000 1.0% 1,984,020 1.51% 7/25/2025 7/25/2025 FHLB Bond 3130AR4F5 3/10/2022 2,000,000 2,000,000 1.0% 1,997,120 3.48% 6/10/2025 3/10/2027 FHLMC Bond 3134GXUZ5 6/15/2022 2,000,000 2,000,000 1.0% 1,990,140 3.28% 12/15/2025 12/15/2025 FHLB Bond 3130ASPE3 7/28/2022 2,000,000 2,000,000 1.0% 1,996,660 4.30% 7/28/2025 7/28/2027 FHLMCTN Bond 3134H1QG1 1/26/2024 3,000,000 3,000,000 1.5% 3,006,060 4.66% 7/26/2025 1/26/2029 FHLB Bond 3130B2M85 9/6/2024 2,000,000 2,000,000 1.0% 2,000,320 5.20% 4/6/2025 9/6/2029 FHLB Bond 3130B2KZ7 9/11/2024 2,000,000 2,000,000 1.0% 1,998,980 5.00% 4/5/2025 9/11/2029 FHLMCMTN Bond 3134HAKY8 9/13/2024 2,985,210 2,986,837 1.4% 2,953,140 4.11% 12/13/2025 9/13/2029 FHLB Bond 3130B2MK8 9/19/2024 2,000,000 2,000,000 1.0% 1,999,260 5.00% 4/5/2025 9/19/2028 FHLMCMTN Bond 3134HALK7 9/19/2024 3,000,000 3,000,000 1.5% 2,999,130 5.00% 6/19/2025 9/19/2029
Investment Settlement Cost Book % of Market YTM Next Call Date of Type CUSIP Date Value Value Portfolio Value at Cost Date Maturity FHLB Bond 3130B2P58 9/26/2024 2,003,014 2,000,000 1.0% 1,972,840 3.87% 9/10/2026 9/10/2029 FHLB Bond 3130B2X59 9/27/2024 2,000,000 2,000,000 1.0% 1,981,360 4.00% 9/18/2025 9/18/2028 FHLMCMTN Bond 3134HANZ2 10/1/2024 3,000,000 3,000,000 1.5% 3,000,600 5.00% 4/1/2025 10/1/2029 FHLB Bond 3130B33T8 10/8/2024 2,500,000 2,500,000 1.2% 2,497,075 5.00% 7/2/2025 10/2/2029 FHLB Bond 3130B35N9 10/8/2024 2,000,000 2,000,000 1.0% 1,990,580 4.50% 10/1/2025 10/1/2029 FHLMCMTN Bond 3134HARE5 10/11/2024 2,000,000 2,000,000 1.0% 1,998,860 4.75% 4/11/2025 10/11/2029 FNMA Bond 3135GAW98 10/15/2024 2,000,000 2,000,000 1.0% 1,996,400 5.00% 4/1/2025 10/1/2029 FHLB Bond 3130B36N8 10/15/2024 1,944,000 1,994,553 1.0% 1,989,500 4.32% 4/15/2026 10/15/2029 FHLMCMTN Bond 3134HAVE0 10/30/2024 2,000,000 2,000,000 1.0% 1,999,340 5.25% 7/30/2025 10/30/2029 FHLMCMTN Bond 3134HAXT5 11/12/2024 2,000,000 2,000,000 1.0% 1,999,300 5.00% 5/7/2025 11/7/2029 FHLMCMTN Bond 3134HAZW6 11/15/2024 2,000,281 2,000,000 1.0% 1,995,900 5.43% 5/14/2025 11/14/2029 FHLMCMTN Bond 3134HAC92 11/19/2024 3,000,000 3,000,000 1.5% 3,008,280 5.00% 5/19/2025 11/19/2029 FNMA Bond 3135GAYV7 11/26/2024 3,000,000 3,000,000 1.5% 2,998,740 5.25% 4/26/2025 11/26/2029 FFCB Bond 3133ERF48 12/4/2024 2,000,000 2,000,000 1.0% 2,002,360 4.77% 12/4/2025 12/4/2028 FHLMCMTN Bond 3134HAM91 12/13/2024 2,000,000 2,000,000 1.0% 1,997,760 4.70% 6/13/2025 12/13/2027 FNMA Bond 3136GA4B2 12/20/2024 2,000,000 2,000,000 1.0% 2,000,160 5.01% 6/20/2025 12/20/2029 FNMA Bond 3136GA6M6 1/24/2025 2,000,000 2,000,000 1.0% 1,999,000 5.00% 7/24/2025 7/24/2028 FHLB Bond 3130B4MZ1 1/30/2025 2,000,000 2,000,000 1.0% 2,000,000 5.25% 7/22/2025 1/22/2030 FNMA Bond 3136GAAN9 2/13/2025 2,000,000 2,000,000 1.0% 1,999,320 5.05% 8/13/2025 2/13/2030 FNMA Bond 3136GABM0 2/25/2025 2,000,000 2,000,000 1.0% 1,998,540 5.06% 8/25/2025 2/25/2030 FHLB Bond 3130B5A73 2/26/2025 2,000,000 2,000,000 1.0% 2,001,880 4.75% 8/26/2026 2/26/2030 FHLMCMTN Bond 3134HBBE0 3/11/2025 2,000,000 2,000,000 1.0% 1,996,260 4.88% 12/11/2025 3/11/2030 FNMA Bond 3136GABW8 3/12/2025 2,000,000 2,000,000 1.0% 2,004,980 5.00% 12/12/2025 3/12/2030 FHLB Bond 3130B5KK3 3/26/2025 2,000,000 2,000,000 1.0% 1,999,080 5.21% 9/26/2025 3/26/2030 CD ‐ Morgan Stanley Bank 61690DGT9 11/8/2023 250,000 250,000 0.1% 257,670 5.05% 11/8/2028 11/8/2028 CD ‐ Morgan Stanley Private Bank 61768EE82 11/8/2023 250,000 250,000 0.1% 257,670 5.05% 11/8/2028 11/8/2028 CD ‐ American Express 02589AF98 11/8/2023 250,000 250,000 0.1% 257,258 5.00% 11/8/2028 11/8/2028 CD ‐ State Bank India 8562834U7 11/24/2023 250,000 250,000 0.1% 259,940 5.00% 11/24/2028 11/24/2028 Sub Total/Average $ 164,541,329 $ 164,610,975 79.8% 161,929,313 $ 2.81% Total City Managed/Average $ 191,075,464 $ 191,145,110 92.7% 188,463,425 $ 3.03% Bond Reserve Accounts ‐ Held By Trustees $ 7,128,202 $ 7,128,202 3.5% $ 7,128,202 Cash/Deposits $ 58,683 $ 58,683 0.0% $ 58,683 PARS and CALPERS CERBT Trust $ 7,887,404 $ 7,887,404 3.8% $ 9,609,120 GRAND TOTAL/AVERAGE $ 206,149,753 $ 206,219,399 100.0% 205,259,430 $
Invested Book Value % of Market
in Fund Yield End of Month Total Value
Investments
State Treasurer LAIF - City All Funds Pooled 4.31% $ 62,536 0.0% $ 62,512 California CLASS All Funds Pooled 4.40% 21,824,883 10.6% 21,824,883 US Bank - Portfolio of Securities All Funds Pooled 2.81% 164,610,975 79.8% 161,929,313 WFB MMA All Funds Pooled 4.25% 4,646,717 2.3% 4,646,717 SUBTOTAL $ 191,145,110 92.7% 188,463,425 $
Bond Reserve Accounts - held by trustees
Zions Bank - Civic Center/Library Facility
Blackrock Liq Fund Debt Service 3.98% 249,367 0.1% 249,367 Zions Bank - MH Police Facility Lease Revenue Bonds
Blackrock Liq Fund Debt Service 3.98% 317,377 0.2% 317,377 BNY - RDA Bonds
Dreyfus Cash Mgmt 521 Agency Fund 3.90% 6,153,250 3.0% 6,153,250 Zions Bank - Madrone Bus Park Taxable/ Tax Exempt 2015
Blackrock Liquidity Temp Fund-2015 Agency Fund 3.98% 0.2% 408,208 408,208 SUBTOTAL 7,128,202 3.5% 7,128,202
Other Cash/Deposits
General Checking All Funds 12,833 0.0% 12,833
Workers' Comp Administrators Workers' Comp 30,000 0.0% 30,000 Petty Cash & Emergency Cash General Fund 15,850 0.0% 15,850 CALPERS CERBT - OPEB Trust 5,237,404 2.5% 6,407,418
PARS - PENSION Trust 2,650,000 1.3% 3,201,702
SUBTOTAL 7,946,087 3.9% 9,667,803
Total Cash and Investments $ 206,219,399 100.0% $ 205,259,430
CASH ACTIVITY SUMMARY
FY 2024-25
07/01/2024 Change in 3/31/2025
Fund Type Balance Cash Balance Balance
General Fund 30,617,860 $ (5,349,697) $ 25,268,163 $
Development Services 1,939,319 (217,481) 1,721,838
Water - Operations 2,386,837 465,450 2,852,287
Water Other 27,894,107 5,654,755 33,548,862
Sewer - Operations 1,178,576 433,906 1,612,482
Sewer Other 41,964,736 7,018,759 48,983,495
Other Special Revenue 17,038,062 1,211,317 18,249,378
Streets and Capital Projects 39,467,115 (666,764) 38,800,351 Debt Service 346,933 505,367 852,301
Internal Service 27,935,786 (247,010) 27,688,776
Agency Funds (assessment dists./refundable deposits) 7,240,095 (598,629) 6,641,466 Total $ 198,009,426 $ 8,209,973 $ 206,219,399
Note: See Investment Porfolio Detail for maturities of "Investments." Market values are obtained from the City's investment brokers' monthly reports.
I certify that information on the investment report has been reconciled to the general ledger and bank statements and that there are sufficient funds to meet the expenditure requirements of the City for the next six months. The portfolio is in compliance with the City of Morgan Hill Investment Policy and all State laws and regulations.
Prepared by: ____________________________________ Approved by:
Gina Nazareno, Senior Accountant
Reviewed by: ____________________________________
Dat Nguyen, Finance Director Cindy Murphy, Treasurer
CITY OF MORGAN HILL CASH AND INVESTMENT REPORT
FOR THE MONTH OF MARCH 31, 2025
FOR THE FISCAL YEAR OF 2024-25
City of Morgan Hill
Year to Date Revenues - Fiscal Year 2024-25
For the Month Ended March 31, 2025
75% of Year Complete
CURRENT INCR (DECR)
ADOPTED AMENDED YTD % PRIOR FROM PRIOR %
BUDGET BUDGET ACTUAL OF BUDGET YTD YTD CHANGE
010 GENERAL FUND
TAXES
Property Tax - Secured/Unsecured $ 16,210,880 16,210,880 $ 7,738,489 48% $ 7,932,399 $ (193,911) -2% Property Tax - RPTTF Residual Distribution 2,895,920 2,895,920 1,160,036 40% 1,020,900 139,136 14% Property Tax - Supplemental Roll 304,220 304,220 173,003 57% 167,068 5,934 4% Sales Tax 12,352,215 12,352,215 6,972,598 56% 7,321,023 (348,425) -5% Public Safety Sales Tax 464,254 464,254 263,842 57% 266,229 (2,387) -1% Transient Occupancy Taxes 2,678,000 2,678,000 1,551,428 58% 1,578,021 (26,592) -2% Franchise (Refuse ,Cable ,PG&E) 3,185,872 3,185,872 1,282,171 40% 1,181,910 100,262 8% Property Transfer Tax 600,000 600,000 350,784 58% 287,933 62,851 22% TOTAL TAXES 38,691,361 38,691,361 19,492,351 50% 19,755,482 (263,132) -1%
LICENSES/PERMITS
Business License 200,000 200,000 195,470 98% 167,184 28,286 17% Other Permits 80,750 80,750 65,470 81% 33,565 31,905 95% TOTAL LICENSES/PERMITS 280,750 280,750 260,940 93% 200,749 60,191 30%
FINES AND PENALTIES
Parking Enforcement 9,800 9,800 6,540 67% 6,914 (374) -5% Bails & Fines 55,000 55,000 24,937 45% 37,976 (13,039) -34% Administrative Citations 20,000 20,000 69% 13,732 22,511 (8,780) -39% TOTAL FINES AND PENALTIES 84,800 84,800 45,209 53% 67,401 (22,192) -33%
OTHER AGENCIES
Motor Vehicle in-Lieu 61,800 61,800 73,134 118% 56,686 16,447 29% Other Revenue - Other Agencies 1,601,204 1,332,381 1,286,861 80% 696,176 590,686 85% TOTAL OTHER AGENCIES 1,394,181 1,663,004 1,359,995 82% 752,862 607,133 81%
CHARGES CURRENT SERVICES
Police False Alarm Charge 33,500 33,500 23,600 70% 25,601 (2,001) -8% Business License Application Review 82,400 82,400 42,170 51% 80,895 (38,724) -48% Membership Services & Rec Programs 6,222,399 6,222,399 4,745,597 76% 4,248,983 496,614 12% Facility Rentals 1,197,395 1,197,395 1,139,651 95% 1,206,658 (67,007) -6% Community Services 147,498 147,498 123,540 84% 50,662 72,879 144% General Administration Overhead 1,756,111 1,756,111 1,262,183 72% 1,316,902 (54,719) -4% Other Charges Current Services 884,448 884,448 765,703 87% 608,145 157,558 26% TOTAL CURRENT SERVICES 10,323,751 10,323,751 8,102,444 78% 7,537,846 564,599 7%
OTHER REVENUE
Use of money/property 1,375,045 1,375,045 1,192,946 87% 953,064 239,882 25% Other Revenues 705,270 705,270 526,687 75% 346,805 179,882 52% TOTAL OTHER REVENUE 2,080,315 2,080,315 1,719,633 83% 1,299,869 419,764 32%
TRANSFERS IN
One Time Transfer 165,000 165,000 123,750 75% 165,000 (41,250) -25% Public Safety Facilities Fund 50,000 50,000 37,500 75% 45,833 (8,333) -18% Supplemental Law Enforcement Fund 100,000 100,000 100,000 100% 100,000 n/a - Countywide Solid Waste 540,328 540,328 405,246 75% 341,917 63,329 19% Streets 851,932 851,932 589,194 69% 492,682 96,512 20%
Park Maintenance 650,000 650,000 487,500 75% 595,833 (108,333) -18% Sewer Operations 413,700 413,700 310,275 75% 401,899 (91,624) -23% Water Operations 413,700 413,700 310,275 75% 408,330 (98,055) -24% Open Space 81,100 81,100 60,825 75% 74,342 (13,517) -18% Park Development 100,000 100,000 75% 75,000 68,750 6,250 9% TOTAL TRANSFERS IN 3,365,760 3,365,760 2,499,565 74% 2,694,585 (195,020) -7% TOTAL GENERAL FUND 56,220,919 56,489,742 33,480,137 59% 32,308,794 1,171,342 4%
SPECIAL REVENUE FUNDS
202 STREET MAINTENANCE
Gas Tax 2105 - 2107.5 851,932 851,932 584,208 69% 551,127 33,081 6% Interest / Other Revenue/Other Charges 2,135 2,135 4,986 234% 5,226 (240) -5% 202 STREET MAINTENANCE 854,067 854,067 589,194 69% 556,353 32,842 6%
City of Morgan Hill
Year to Date Revenues - Fiscal Year 2024-25
For the Month Ended March 31, 2025
75% of Year Complete
CURRENT INCR (DECR)
ADOPTED AMENDED YTD % PRIOR FROM PRIOR %
BUDGET BUDGET ACTUAL OF BUDGET YTD YTD CHANGE
SPECIAL REVENUE FUNDS
205 SUPPLEMENTAL LAW ENFORCEMENT FUND
Interest Income 12,957 12,957 11,410 88% 7,957 3,452 43% Police Grant/SLEF/JAG 100,000 100,000 145,969 146% 146,127 (159) 0% 205 SUPPLEMENTAL LAW ENFORCEMENT FUND 112,957 112,957 157,378 139% 154,085 3,294 2% 206 DEVELOPMENT SERVICES
Building Fees 3,510,850 3,510,850 2,930,795 83% 2,246,049 684,747 30% Planning Fees 954,276 954,276 803,480 84% 1,172,114 (368,634) -31% Engineering Fees 942,327 942,327 741,799 79% 432,429 309,370 72% Other Revenue/Current Charges 550,599 550,599 229,684 42% 206,740 22,944 11% 206 DEVELOPMENT SERVICES 5,958,052 5,958,052 4,705,758 79% 4,057,331 648,427 16% 207 LONG RANGE PLANNING 1,751,005 1,751,005 882,473 50% 643,212 239,261 37% 215 and 216 HCD BLOCK GRANT
Interest Income/Other Revenue 1,161 1,161 1,789 154% 1,401 28% 388 215 and 216 HCD BLOCK GRANT 1,161 1,161 1,789 154% 1,401 28% 388 225 ASSET SEIZURE 2,807 2,807 2,724 97% 2,145 27% 578
229 LIGHTING AND LANDSCAPE 206,415 206,415 116,645 57% 115,258 1,387 1% 230 COMMUNITY FACILITIES DISTRICT 28,828 28,828 18,840 65% 29,864 (11,024) -37% 232 ENVIRONMENTAL PROGRAMS 501,236 501,236 378,845 76% 455,983 (77,138) -17% 234 MOBILE HOME PARK RENT STAB. 2,872 2,872 5,651 197% 5,144 10% 506 236 HOUSING MITIGATION 2,762,629 2,762,629 1,842,650 67% 2,476,777 (634,127) -26% 240 EMPLOYEE ASSISTANCE 1,297 1,297 5,547 428% 6,113 (565) -9% 246 COUNTYWIDE SOLID WASTE 2,279,503 2,279,503 1,413,351 62% 1,580,378 (167,027) -11% 255 HOUSING SUCCESSOR AGENCY 463,881 463,881 337,226 73% 326,738 10,487 3% 260 PUBLIC ART 1,411 1,411 475 34% - 475 n/a
TOTAL SPECIAL REVENUE FUNDS 14,928,122 14,928,122 10,458,546 70% 10,410,781 47,765 0%
CAPITAL PROJECTS FUNDS
301 PARK DEVELOPMENT 1,999,271 1,999,271 2,011,108 101% 479,437 1,531,671 319% 302 PARK MAINTENANCE 15,507 15,507 64,093 413% 79,930 (15,837) -20% 303 LOCAL DRAINAGE 1,424,799 1,424,799 461,476 32% 430,482 30,994 7% 304 LOCAL DRAINAGE/NON AB1600 251,296 251,296 272,110 108% 28,008 244,102 872% 306 AGRICULTURE & OPEN SPACE PRESERVATION 18,459 18,459 1,039,658 5632% 150,399 889,259 591% 308 STREET CIP 3,886,877 3,886,877 3,532,171 91% 1,863,212 1,668,960 90% 309 TRAFFIC IMPACT 4,753,292 4,753,292 2,083,585 44% 787,633 1,295,951 165% 315 PUBLIC SAFETY FACILITIES IMPACT 3,203,214 12,153,214 6,350,181 52% 505,491 5,844,691 1156% 346 PUBLIC FACILITIES NON-AB1600 189,832 189,832 181,844 96% 198,462 (16,619) -8% 347 PUBLIC FACILITIES IMPACT 451,223 451,223 354,678 79% 204,675 150,003 73% 348 LIBRARY 1,414,286 1,414,286 1,366,765 97% 730,436 636,329 87% 350 UNDERGROUNDING 74,302 74,302 78,617 106% 252,949 (174,332) -69% 360 COMMUNITY/REC IMPACT FUND 2,501,528 2,501,528 2,539,772 102% 1,250,956 1,288,816 103% 375 QUIMBY FEE 2,650,042 2,650,042 2,041,522 77% 2,884,897 (843,374) -29% TOTAL CAPITAL PROJECTS FUNDS 22,833,927 31,783,927 22,377,579 70% 9,846,968 12,530,612 127%
DEBT SERVICE FUNDS
420 CIVIC CENTER DEBT 300,467 300,467 225,105 75% 221,499 3,606 2% 441 POLICE FACILITY BOND 390,939 390,939 289,154 74% 291,034 (1,880) -1% TOTAL DEBT SERVICE FUNDS 691,406 691,406 514,258 74% 512,533 1,726 0%
City of Morgan Hill
Year to Date Revenues - Fiscal Year 2024-25
For the Month Ended March 31, 2025
75% of Year Complete
CURRENT INCR (DECR)
ADOPTED AMENDED YTD % PRIOR FROM PRIOR %
BUDGET BUDGET ACTUAL OF BUDGET YTD YTD CHANGE
ENTERPRISE FUNDS
640 WASTEWATER OPERATION
Sewer Service Fees 16,100,000 16,100,000 11,462,228 71% 9,874,939 1,587,288 16% Interest Income/Transfers 141,661 141,661 52,685 37% 41,991 10,694 25% Other Revenue/Current Charges 397,200 397,200 227,217 57% 223,878 3,339 1% 640 WASTEWATER OPERATION 16,638,861 16,638,861 11,742,129 71% 10,140,808 1,601,322 16% 641 WASTEWATER EXPANSION
Interest Income 275,047 275,047 586,536 213% 453,703 132,833 29% Development Impact Fee 11,546,118 11,546,118 9,563,478 83% 4,679,801 4,883,677 104% 641 WASTEWATER EXPANSION 11,821,165 11,821,165 10,150,014 86% 5,133,504 5,016,510 98% 642 WASTEWATER RATE STABILIZATION 108,613 108,613 83,499 77% 207,337 (123,838) -60% 643 WASTEWATER CAPITAL PROJECT 6,149,134 6,149,134 5,121,236 83% 4,181,762 939,475 22% TOTAL SEWER FUNDS 34,717,773 34,717,773 27,096,879 78% 19,663,411 7,433,468 38% 650 WATER OPERATION
Water Sales 19,620,000 19,620,000 12,814,158 65% 11,494,838 1,319,320 11% Meter Install & Service 107,000 107,000 70,865 66% 76,576 (5,711) -7% Transfers-In / Interest Income 894,617 894,617 552,595 62% 504,970 47,625 9% Other Revenue/Current Charges 926,109 926,109 651,009 70% 474,602 176,407 37% 650 WATER OPERATION 21,547,726 21,547,726 14,088,626 65% 12,550,986 1,537,640 12% 651 WATER EXPANSION
Interest Income/Other Revenue/Transfer 92,467 92,467 140,129 152% 68,251 71,878 105% Development Impact Fee 3,829,384 3,829,384 3,308,399 86% 1,224,424 2,083,975 170% 651 WATER EXPANSION 3,921,851 3,921,851 3,448,528 88% 1,292,675 2,155,853 167% 652 WATER RATE STABILIZATION 115,840 115,840 89,978 78% 70,470 19,508 28% 653 WATER CAPITAL PROJECT 10,380,062 10,380,062 5,005,102 48% 5,522,736 (517,633) -9% TOTAL WATER FUNDS 35,965,479 35,965,479 22,632,234 63% 19,436,867 3,195,368 16% TOTAL ENTERPRISE FUNDS 70,683,252 70,683,252 49,729,113 70% 39,100,277 10,628,836 27%
INTERNAL SERVICE FUNDS
730 INFORMATION SYSTEMS 2,883,241 2,883,241 2,166,266 75% 1,875,413 290,853 16% 740 BUILDING MAINTENANCE 1,421,485 1,421,485 1,069,560 75% 1,258,114 (188,554) -15% 741 BUILDING REPLACEMENT 1,041,905 1,041,905 791,209 76% 719,257 71,952 10% 745 CIP ADMINISTRATION 2,582,015 2,582,015 1,332,835 52% 902,935 429,900 48% 760 UNEMPLOYMENT INSURANCE 10,206 10,206 7,227 71% 6,007 1,220 20% 770 WORKERS COMPENSATION 1,157,705 1,157,705 761,501 66% 710,684 50,817 7% 790 EQUIPMENT REPLACEMENT 1,680,580 1,704,881 1,400,903 82% 1,050,055 350,848 33% 791EMPLOYEE BENEFITS 1,183,215 1,183,215 859,448 73% 641,562 217,886 34% 795 GENERAL LIABILITY INSURANCE 2,519,216 2,519,216 1,882,422 75% 1,581,357 301,065 19% TOTAL INTERNAL SERVICE FUNDS 14,479,568 14,503,869 10,271,373 71% 8,745,385 1,525,987 17% TOTAL FOR ALL FUNDS $ 179,837,194 $ 189,080,318 $ 126,831,006 67% 100,924,738 $ $ 25,906,268 26%
City of Morgan Hill
Year to Date Expenses - Fiscal Year 2024-25
For the Month Ended March 31, 2025
75% of Year Complete
CURRENT
FUND MONTH PERCENT OF
NO. FUND/ACTIVITY ACTUAL AMENDED YTD OUTSTANDING TOTAL TOTAL TO PRIOR
EXPENSES BUDGET EXPENSES ENCUMBRANCE ALLOCATED BUDGET YTD 010 GENERAL FUND
I. ADMINISTRATION
CITY COUNCIL 42,324 $ 520,395 $ 352,940 $ - $ 352,940 $ 68% 280,511 $ .
CITY ATTORNEY 87,920 1,134,397 728,024 109,408 837,432 74% 650,265 CITY MANAGER 56,732 1,007,624 500,723 6 500,729 50% 496,276 HUMAN RESOURCES 82,090 1,087,175 699,221 - 699,221 64% 641,723
COUNCIL SVCS & RECORDS MGMT
Council Svcs & Records Mgmt 49,082 609,913 416,386 - 416,386 68% 374,442 Elections 3,099 354,364 276,957 - 276,957 78% 23,136
COUNCIL SVCS & RECORDS MGMT 52,181 964,277 693,343 - 693,343 72% 397,578 FINANCE 127,565 2,637,291 1,613,137 429,207 2,042,344 77% 1,457,860 TOTAL ADMINISTRATION 448,812 7,351,159 4,587,387 538,621 5,126,008 70% 3,924,212 II. COMMUNITY SERVICES
Membership Services & Rec. Programs 794,546 8,040,818 5,495,245 677,320 6,172,565 77% 5,311,133 Recreation Facility Rentals 48,208 633,051 409,330 37,225 446,555 71% 433,705 Innovative Transit 26,545 590,944 500,462 3,221 503,683 85% 447,024 Community Services 54,780 761,973 428,386 23,688 452,074 59% 431,551 Park Maintenance 106,827 1,472,380 862,517 14,900 877,417 60% 777,516 Environmental Services 42,045 1,067,544 453,347 13,891 467,238 44% 325,114 Countywide Solid Waste Program 45,717 540,327 363,533 - 363,533 67% 289,423 Street Maintenance 330,011 3,511,464 2,510,338 25,971 2,536,308 72% 1,796,993 Downtown Maintenance 26,627 378,065 203,391 12,853 216,244 57% 200,158 PD Building Maintenance 44,007 664,355 460,221 62,317 522,538 79% 387,954 Cable Television 7,658 91,234 68,086 - 68,086 75% 66,672 COMMUNITY SERVICES 1,526,971 17,752,155 11,754,855 871,386 12,626,241 71% 10,467,243 CODE COMPLIANCE 36,025 405,637 290,515 - 290,515 72% 201,989 INFRASTRUCTURE PLANNING & CONGESTION MGMT 555,166 31,247 312,745 - 312,745 56% 302,655 ECONOMIC DEVELOPMENT PROGRAMS 181,724 1,209,072 742,193 68,651 810,844 67% 701,115 TOTAL COMMUNITY SERVICES 1,775,967 19,922,029 13,100,308 940,037 14,040,345 70% 11,673,001 III. PUBLIC SAFETY
POLICE
PD Administration 122,473 2,296,286 1,177,098 43,267 1,220,365 53% 1,188,161 Field Operations 1,061,868 13,884,900 8,630,048 545,166 9,175,214 66% 8,228,058 Support Services 209,467 2,556,380 1,965,265 438,785 2,404,050 94% 2,064,460 Emergency Services/Haz Mat 21,913 275,047 186,742 - 186,742 68% 176,980 Special Operations 376,220 4,244,340 3,199,760 8,153 3,207,913 76% 2,695,440 Dispatch Services 2,341,249 201,734 1,657,147 - 1,657,147 71% 1,470,937 POLICE 1,993,675 25,598,203 16,816,061 1,035,371 17,851,432 70% 15,824,037 FIRE 794,796 10,381,160 7,675,017 29,001 7,704,018 74% 6,859,869 TOTAL PUBLIC SAFETY 2,788,471 35,979,363 24,491,078 1,064,372 25,555,449 71% 22,683,906 IV. TRANSFERS
Other 121,519 1,458,230 1,093,673 - 1,093,673 75% 2,377,825 TOTAL TRANSFERS 121,519 1,458,230 1,093,673 - 1,093,673 75% 2,377,825 TOTAL GENERAL FUND 5,134,769 64,710,781 43,272,446 2,543,029 45,815,475 71% 40,658,944
City of Morgan Hill
Year to Date Expenses - Fiscal Year 2024-25
For the Month Ended March 31, 2025
75% of Year Complete
CURRENT
FUND MONTH PERCENT OF
NO. FUND/ACTIVITY ACTUAL AMENDED YTD OUTSTANDING TOTAL TOTAL TO PRIOR
EXPENSES BUDGET EXPENSES ENCUMBRANCE ALLOCATED BUDGET YTD
SPECIAL REVENUE FUNDS
202 STREET MAINTENANCE 454 857,383 589,194 - 589,194 69% 556,353 205 PUBLIC SAFETY/SUPP.LAW 113 101,354 101,015 - 101,015 100% 100,967 206 DEVELOPMENT SERVICES FUND
Planning 149,962 1,700,561 1,194,234 999 1,195,232 70% 1,202,581 Building 237,208 3,055,890 2,049,861 154,450 2,204,312 72% 1,764,796 Engineering 130,232 1,644,092 1,117,247 189,582 1,306,829 79% 1,281,410 206 DEVELOPMENT SERVICES FUND 517,402 6,400,543 4,361,342 345,031 4,706,373 74% 4,248,788 207 LONG RANGE PLANNING 77,312 3,125,686 885,719 748,029 1,633,748 52% 602,073 215/216 CDBG 7 87 66 - 66 75% 62
225 ASSET SEIZURE 68 821 616 - 616 75% 587
229 LIGHTING AND LANDSCAPE 8,845 212,191 149,310 13,735 163,045 77% 123,774 230 COMMUNITY FACILITIES DISTRICT 1,769 23,511 17,660 - 17,660 75% 32,164 232 ENVIRONMENTAL PROGRAMS 55,203 453,818 300,379 2,023 302,402 67% 312,738 234 MOBILE HOME PARK 79 952 714 - 714 75% 680
236 HOUSING MITIGATION 91,589 2,214,529 891,106 762,426 1,653,532 75% 699,594 240 EMPLOYEE ASSISTANCE 83 20,993 4,245 - 4,245 20% 2,709 246 COUNTYWIDE SOLID WASTE PROGRAM 48,583 2,648,132 1,000,733 1,197,227 2,197,960 83% 1,083,672 255 HOUSING SUCCESSOR AGENCY 92,881 1,319,931 840,363 114,375 954,738 72% 916,359 260 PUBLIC ART 525 16,306 9,718 - 9,718 60% -
TOTAL SPECIAL REVENUE FUNDS 894,914 17,396,238 9,152,179 3,182,846 12,335,025 71% 8,680,520
CAPITAL PROJECT FUNDS
301 PARK DEVELOPMENT 55,111 3,460,007 653,470 107,970 761,441 22% 500,752 302 PARK MAINTENANCE 54,167 1,650,000 489,605 - 489,605 30% 922,973 303 LOCAL DRAINAGE 5,011,299 10,931,065 5,550,346 550,483 6,100,829 56% 2,824,084 304 LOCAL DRAIN. NON-AB1600 794 505,176 76,385 290,930 367,315 73% 185,379 306 AGRICULTURE & OPEN SPACE PRESERVATIO 128,157 10,680 96,118 - 96,118 75% 73,200 308 STREET CIP 12,607 4,992,517 3,837,151 945,239 4,782,390 96% 4,641,959 309 TRAFFIC IMPACT 92,217 4,593,527 3,269,938 397,648 3,667,586 80% 1,063,849 315 PUBLIC SAFETY FACILITIES IMPACT 205,117 8,993,315 5,705,903 2,461,334 8,167,237 91% 2,591,015 346 PUBLIC FAC.NON AB1600 18,773 1,652,085 397,185 197,372 594,557 36% 241,807 347 PUBLIC FACILITIES IMPACT 2,458 1,444,333 364,819 1,010,368 1,375,188 95% 124,558 348 LIBRARY IMPACT (1,648,865) 2,713,615 160,211 - 160,211 6% 166,762 350 UNDERGROUNDING 103 401,505 128,147 - 128,147 32% 881 360 COMM/REC CENTER IMPACT 9,545 1,430,662 336,167 427,411 763,578 53% 226,680 375 QUIMBY FEE 210,552 6,807,980 1,309,877 2,496,208 3,806,085 56% 107,911 TOTAL CAPITAL PROJECTS FUNDS 4,034,557 49,703,945 22,375,324 8,884,963 31,260,288 63% 13,671,810
DEBT SERVICE FUNDS
420 CIVIC CENTER DEBT 284 291,714 243,792 - 243,792 84% 239,028 441 POLICE FACILITY BOND DEBT 375 385,093 330,633 - 330,633 86% 324,239 TOTAL DEBT SERVICE FUNDS 659 676,807 574,425 - 574,425 85% 563,267
City of Morgan Hill
Year to Date Expenses - Fiscal Year 2024-25
For the Month Ended March 31, 2025
75% of Year Complete
CURRENT
FUND MONTH PERCENT OF
NO. FUND/ACTIVITY ACTUAL AMENDED YTD OUTSTANDING TOTAL TOTAL TO PRIOR
EXPENSES BUDGET EXPENSES ENCUMBRANCE ALLOCATED BUDGET YTD
ENTERPRISE FUNDS
SEWER
640 WASTEWATER OPERATIONS 1,355,777 16,796,487 12,298,917 20,806 12,319,724 73% 10,979,596 641 WASTEWATER CAPITAL EXPANSION 99,551 7,897,156 4,526,709 773,708 5,300,417 67% 5,869,535 642 WASTEWATER RATE STABILIZATION 164 1,966 1,474 - 1,474 75% 1,404 643 WASTEWATER CAPITAL PROJECTS 399,373 11,224,791 2,162,470 3,798,586 5,961,056 53% 3,319,676 TOTAL SEWER FUND(S) 1,854,865 35,920,399 18,989,571 4,593,100 23,582,671 66% 20,170,211 WATER
Water Operations 964,457 19,715,654 13,096,728 469,237 13,565,966 69% 12,881,537 Utility Billing 153,332 1,502,560 992,371 34,774 1,027,145 68% 896,679 Water Conservation 31,417 416,169 235,031 19,288 254,319 61% 267,490 650 WATER OPERATIONS 1,149,207 21,634,383 14,324,131 523,299 14,847,430 69% 14,045,706 651 WATER CAPITAL EXPANSION 175,270 4,406,112 869,916 2,883,663 3,753,579 85% 628,796 652 WATER RATE STABILIZATION 123 1,473 1,105 - 1,105 75% 1,052 653 WATER-CAPITAL PROJECTS 252,326 19,944,363 1,728,328 8,227,725 9,956,053 50% 1,486,937 TOTAL WATER FUND(S) 1,576,925 45,986,331 16,923,479 11,634,687 28,558,167 62% 16,162,490 TOTAL ENTERPRISE FUNDS 3,431,790 81,906,730 35,913,050 16,227,788 52,140,838 64% 36,332,701
INTERNAL SERVICE FUNDS
730 INFORMATION SYSTEMS 257,973 2,961,976 1,761,023 92,767 1,853,791 63% 1,974,139 740 BUILDING MAINTENANCE 81,370 1,506,259 888,081 74,393 962,474 64% 734,418 741 BUILDING REPLACEMENT 199,839 3,059,856 1,159,113 535,817 1,694,930 55% 194,958 745 CIP ADMINISTRATION 224,788 2,584,581 1,755,782 4,539 1,760,320 68% 1,378,850 760 UNEMPLOYMENT - 15,000 6,205 - 6,205 41% 11,826
770 WORKERS COMPENSATION 145,101 946,245 1,072,786 - 1,072,786 113% 756,983 790 EQUIPMENT REPLACEMENT - 1,400,191 844,844 148,093 992,937 71% 586,878 791 EMPLOYEE BENEFITS FUND 95,135 1,000,000 655,478 - 655,478 66% 533,914 795 GEN. LIABILITY INSURANCE 10,345 2,411,618 2,138,261 - 2,138,261 89% 2,423,198 TOTAL INTERNAL SERVICE FUNDS 1,014,552 15,885,726 10,281,572 855,610 11,137,182 70% 8,595,165 REPORT TOTAL 14,511,242 $ 230,280,227 $ 121,568,997 $ 31,694,235 $ 153,263,232 $ 67% 108,502,407 $
City of Morgan Hill
Fund Activity Summary - Fiscal Year 2024-25
For the Month Ended March 31, 2025
75% of Year Complete
Beginning Year to-Date
Fund Fund Balance YTD % of YTD % of Deficit or
No. Fund Description 07-01-24 Actual Budget Actual Budget Carryover Reserved1 Unreserved 010 GENERAL FUND 31,073,823 $ 33,480,137 $ 59% 43,272,446 $ 67% (9,792,309) $ 2,543,029 $ 18,738,485 $ TOTAL GENERAL FUND $ 31,073,823 $ 33,480,137 59% $ 43,272,446 67% $ (9,792,309) $ 2,543,029 $ 18,738,485 202 STREET MAINTENANCE 72,734 $ 589,194 69% 589,194 $ 67% $ 0 $ - $ 72,734 205 PUBLIC SAFETY/SUPPL. LAW 415,174 157,378 139% 101,015 68% 56,363 471,537 - 206 DEVELOPMENT SERVICES (1,144,436) 4,705,758 79% 4,361,342 68% 344,416 345,031 (1,145,051) 207 LONG RANGE PLANNING 1,306,215 882,473 50% 885,719 28% (3,246) 748,029 554,940 215 / 216 CDBG 32,500 1,789 154% 75% 66 1,724 - 34,224
225 ASSET SEIZURE 104,495 2,724 97% 75% 616 2,108 106,603 - 229 LIGHTING AND LANDSCAPE 216,005 116,645 57% 149,310 70% (32,665) 13,735 169,605 230 COMMUNITY FACILITIES DISTRICT 162,519 18,840 65% 17,660 75% 1,180 163,699 - 232 ENVIRONMENTAL PROGRAMS 488,875 378,845 76% 300,379 66% 78,466 2,023 565,318 234 MOBILE HOME PK RENT STAB. 81,475 5,651 197% 75% 714 4,937 - 86,412 235 SENIOR HOUSING 245,426 n/a - n/a - - 245,426 -
236 HOUSING MITIGATION 7,932,027 1,842,650 67% 891,106 40% 951,544 762,426 8,121,145 240 EMPLOYEE ASSISTANCE 62,481 5,547 428% 4,245 20% 1,302 - 63,783 246 COUNTYWIDE SOLID WASTE 323,153 1,413,351 n/a 1,000,733 38% 412,617 1,197,227 (461,457) 255 HOUSING SUCCESSOR AGENCY 3,818,193 337,226 73% 840,363 64% (503,137) 114,375 3,200,681 260 PUBLIC ART 48,471 34% 475 9,718 60% (9,243) - 39,228 TOTAL SPECIAL REVENUE FUNDS $ 14,165,307 $ 10,458,546 70% $ 9,152,179 53% $ 1,306,367 $ 3,182,846 $ 12,288,828 301 PARK DEV. IMPACT FUND $ 2,008,148 $ 2,011,108 101% 653,470 $ 19% 1,357,637 $ $ 107,970 $ 3,257,815 302 PARK MAINTENANCE 2,489,205 64,093 413% 489,605 30% (425,513) 2,063,692 - 303 LOCAL DRAINAGE 9,621,788 461,476 32% 5,550,346 51% (5,088,870) 550,483 3,982,435 304 LOCAL DRAINAGE/NON-AB1600 1,233,420 272,110 108% 76,385 15% 195,725 290,930 1,138,215 306 AG. AND OPEN SPACE PRESERVATION 672,578 1,039,658 5632% 96,118 75% 943,540 1,616,118 - 308 STREET CIP 4,287,249 3,532,171 91% 3,837,151 77% (304,980) 945,239 3,037,030 309 TRAFFIC IMPACT FUND 3,808,198 2,083,585 44% 3,269,938 71% (1,186,354) 397,648 2,224,196 315 PUBLIC SAFETY FACILITIES IMPACT (1,553,435) 6,350,181 52% 5,705,903 63% 644,279 2,461,334 (3,370,490) 346 PUBLIC FACILITIES NON-AB1600 2,184,388 181,844 96% 397,185 24% (215,342) 197,372 1,771,674 347 PUBLIC FACILITIES IMPACT FUND 1,328,671 354,678 79% 364,819 25% (10,142) 1,010,368 308,161 348 LIBRARY IMPACT FUND 2,254,117 1,366,765 97% 160,211 6% 1,206,554 3,460,671 - 350 UNDERGROUNDING 1,768,551 78,617 106% 128,147 32% (49,530) 1,719,021 - 360 COMM/REC CTR IMPACT FUND 2,297,534 2,539,772 102% 336,167 23% 2,203,605 427,411 4,073,728 375 QUIMBY FEE 3,984,952 2,041,522 77% 1,309,877 19% 731,645 2,496,208 2,220,389 TOTAL CAPITAL PROJECT FUNDS $ 36,385,364 $ 22,377,579 70% $ 22,375,324 45% $ 2,255 $ 8,884,963 $ 27,502,656 420 CIVIC CENTER DEBT $ 183,038 $ 225,105 75% 243,792 $ 84% (18,687) $ $ 249,367 $ (85,016) 441 POLICE FACILITY BOND DEBT 163,896 289,154 74% 330,633 86% (41,479) 317,377 (194,960) TOTAL DEBT SERVICE FUNDS $ 346,934 $ 514,258 74% $ 574,425 85% $ (60,166) $ 566,743 $ (279,976) 640 WASTEWATER OPERATIONS $ 3,983,038 $ 11,742,129 71% 12,298,917 $ 73% (556,788) $ 20,806 3,405,444 641 WASTEWATER IMPACT FUND* 18,629,828 10,150,014 86% 4,526,709 57% 5,623,305 773,708 23,479,425 642 WASTEWATER RATE STABILIZATION 3,121,932 83,499 77% 1,474 75% 82,024 3,203,956 - 643 WASTEWATER CAPITAL PROJECTS 17,703,049 5,121,236 83% 2,162,470 19% 2,958,766 3,798,586 16,863,229 650 WATER OPERATIONS 4,083,455 14,088,626 65% 14,324,131 66% (235,504) 523,299 3,324,652 651 WATER IMPACT FUND* 3,852,318 3,448,528 88% 869,916 20% 2,578,612 2,883,663 3,547,267 652 WATER RATE STABILIZATION 3,337,806 89,978 78% 1,105 75% 88,873 3,426,679 - 653 WATER -CAPITAL PROJECT 18,694,610 5,005,102 48% 1,728,328 9% 3,276,774 8,227,725 13,743,659 TOTAL ENTERPRISE FUNDS $ 73,406,036 $ 49,729,113 70% $ 35,913,050 44% $ 13,816,063 $ 16,227,788 $ 70,994,311 730 INFORMATION SERVICES $ 656,565 $ 2,166,266 75% 1,761,023 $ 59% 405,243 $ $ 92,767 $ 969,040 740 BUILDING MAINTENANCE 94,619 1,069,560 75% 888,081 59% 181,479 74,393 201,705 741 BUILDING REPLACEMENT 5,083,004 791,209 76% 1,159,113 38% (367,904) 535,817 4,179,283 745 CIP ENGINEERING 8,329 1,332,835 52% 1,755,782 68% (422,946) 4,539 (419,156) 760 UNEMPLOYMENT 284,229 7,227 71% 6,205 41% 1,022 285,251 - 770 WORKERS COMPENSATION 2,381,319 761,501 66% 1,072,786 113% (311,285) 30,000 2,040,034 790 EQUIPMENT REPLACEMENT 8,727,549 1,400,903 82% 844,844 60% 556,059 148,093 9,135,515 791 EMPLOYEE BENEFITS FUNDS 26,248 859,448 73% 655,478 66% 203,971 230,219 - 795 GEN. LIABILITY INSURANCE 984,307 1,882,422 75% 2,138,261 89% (255,839) 728,468 - TOTAL INTERNAL SERVICE FUNDS $ 18,246,169 $ 10,271,373 71% $ 10,281,572 65% $ (10,200) $ 885,610 $ 17,350,360 Revenues Expenses Preliminary Ending Fund Balance
City of Morgan Hill
Fund Activity Summary - Fiscal Year 2024-25
For the Month Ended March 31, 2025
75% of Year Complete
Beginning Year to-Date
Fund Fund Balance YTD % of YTD % of Deficit or
No. Fund Description 07-01-24 Actual Budget Actual Budget Carryover Reserved1 Unreserved Revenues Expenses Preliminary Ending Fund Balance
SUMMARY BY FUND TYPE
GENERAL FUND GROUP 31,073,823 $ 33,480,137 $ 59% 43,272,446 $ 67% (9,792,309) $ 2,543,029 $ 18,738,485 $ SPECIAL REVENUE GROUP 14,165,307 10,458,546 70% 9,152,179 53% 1,306,367 3,182,846 12,288,828 DEBT SERVICE GROUP 346,934 514,258 74% 574,425 85% (60,166) 566,743 (279,976) CAPITAL PROJECTS GROUP 36,385,364 22,377,579 70% 22,375,324 45% 2,255 8,884,963 27,502,656 ENTERPRISE GROUP 73,406,036 49,729,113 70% 35,913,050 44% 13,816,063 16,227,788 70,994,311 INTERNAL SERVICE GROUP 18,246,169 10,271,373 71% 10,281,572 65% (10,200) 885,610 17,350,360 TOTAL ALL GROUPS 173,623,633 $ 126,831,006 $ 67% 121,568,997 $ 53% 5,262,009 $ 32,290,979 $ 146,594,663 $ For Enterprise Funds: Unrestricted fund balance = Fund balance net of fixed assets and long-term liabilities. *Unreserved fund balance includes bond proceeds reserved for projects listed in bond documents. 1 Amount restricted for encumbrances, fixed asset replacement, long-term receivables, and bond reserves.
City Manager's Signature Authority
Contracts and Agreements Between $25,000 to $75,000 Entered From 1/13/2025 to 5/1/2025 Vendor Name Description of Service Begin Date End Date Department Amount Mighty Tree Movers, Inc Nordstrom Park Tree Relocation 2/13/2025 3/31/2025 PS $28,150 Law Offices of Susie Berlin Consultant for Legal Services 2/4/2025 6/30/2026 CAO $30,000 Basin Research Associates,
Inc
Completion of cultural resource
compliance requirements 3/24/2025 3/31/2026 E&U $30,000 Roddick Pool Products, Inc
Pressure wash, polish and wax two
slides at Aquatics Center 4/8/2025 5/23/2025 PS $36,438 Urban Field Studio- Berkeley
Assist with reviewing urban design
elements for Housing project &
reviewing urban design, conceptual 4/8/2025 6/30/2027 DS $40,000 Critical Incident Videos,
Corp.
Technical expertise with assembling a
critical incident video or other video as
described 4/23/2025 6/30/2027 PD $42,000
Renaissance
Entrepreneurship Center
Providing small business support
services through classes, workshops,
and one-on-one consulting 4/23/2025 3/31/2025 DS $50,000 DRYCO Construction, Inc
2025 Parking Lot Seal Coat and
Striping Project 4/10/2025 7/11/2025 PS $57,456
Bess Testlab, Inc dba Bess
Utility Solutions
On-call ground penetrating radar
services for locating underground 2/13/2025 6/30/2027 PS $72,500 Schaaf & Wheeler
Consulting Civil Engineers
off-line basin to on-line (Butterfield
Basin) 3/24/2025 9/4/2025 E&U $74,472
25 CITY COUNCIL STAFF REPORT
MEETING DATE: May 21, 2025
PREPARED BY:
Chris Ghione, Public Services Director
APPROVED BY: City Manager
APPROVE REQUEST TO RENAME NOB HILL TRAIL PARK AFTER
COMMUNITY MEMBER MARTY CHEEK OR PROVIDE ALTERNATIVE
DIRECTION
RECOMMENDATION(S)
Approve or do not approve the renaming of the Nob Hill Trail Park in recognition of Marty Cheek.
COUNCIL PRIORITIES, GOALS & STRATEGIES
City Council Ongoing Priorities
Supporting our Youth, Seniors, and Entire Community
REPORT NARRATIVE:
Marty Cheek was the co-founder and publisher of Morgan Hill Life, the local free newspaper delivered to residents throughout Morgan Hill. Morgan Hill life was focused and known for publishing news of the positive things that were occurring in our community and typically avoided negative news. Marty previously served as a Parks and Recreation Commissioner and supported numerous efforts to support the community in his role with Morgan Hill Life. Community member John McKay has requested the City Council rename the Nob Hill Trail Park to Marty Park, in recognition of Marty's work in the community. The letter outlining the request is included as Attachment 1.
Renaming of City facilities can occur with approval by the City Council. Council Policy CP-04-02 (Attachment 2) provides guidance to the Council on requests for renaming, including:
Procedures for Naming Existing Facilities
The City does not normally rename existing parks, buildings, and other facilities. In the event that extraordinary circumstances result in the need to rename an existing facility, consideration shall primarily be given to:
1. An individual (living or deceased) who has made a significant land and/or monetary contribution to the City's public facilities and who has stipulated the name as a condition of the donation;
2. An individual (living or deceased) who has contributed outstanding civic service to the
25 City and who has not served in elected City office for a period of at least one year.
City staff met with John McKay and discussed options for park renaming, which included the renaming of the entire park or the a dedication/recognition at a specific amenity such as a bench, tree or other item within the park. At that meeting Mr. McKay expressed his desire for the renaming of the entire park. Staff would like the Council to consider several factors before any renaming occurs based on past practice and equity in renaming City facilities.
1. Full facility renaming has occurred at two facilities in the last two decades. The renaming occurred for former mayors at the Morgan Hill "Dennis Kennedy" Aquatics Center and the Morgan Hill "Steve Tate" Library. In both cases, the Mayors were strong leaders in developing the plans to construct the facilities.
2. More recently, a specific area at the Community and Cultural Center (the Downtown Amphitheater) was approved for renaming as "Morgan Hill Rich Firato Downtown Amphitheater". Rich Firato was not instrumental in the construction of the Amphitheater but was a leader in the Chamber of Commerce that developed the Friday Night Music Series into the highly successful event it now is. While Rich was recognized for his community-wide philanthropy, he had a distinct connection in the advancement of the facility for which the renaming was approved.
3. Numerous long-standing community members and organizations have been approved for recognition at various locations throughout the City, but have not had parks or facilities named after them. For example, Ron and Shirley Locicero, are recognized at the Morgan Hill Magical Bridge Playground for their significant contributions to its construction and the Rotary Club of Morgan Hill have a slide and bridge named after the club in the Downtown Parks for its financial contributions and work towards those parks.
4. Funding for the physical changes associated with renaming of the facilities has come from funding raised by those requesting the renaming and not from the City.
There is no doubt that Marty Cheek made a significant contribution to our community and deserves recognition for that work. However, based on past practice and the direct link of the resident's contribution to the specific development of the community facility requesting the renaming, the Nob Hill Trail Park renaming may or may not be the most appropriate way to recognize Marty Cheek. An alternative could be to approve recognition of a specific amenity within the park space. If this option was selected by the City Council, a very specific monument could be dedicated which includes the specific efforts Marty Cheek made in support of bringing positive news and journalism to our community.
COMMUNITY ENGAGEMENT:
Collaborate
This item has been brought forward by a community member as a proposal to the Council.
25 ALTERNATIVE ACTIONS:
The Council has several alternatives, including:
1. Approve the renaming of the Nob Hill Trail Park to Marty Park, requiring all costs associated with renaming to be taken on by the requestor.
2. Approve alternate recognition of an amenity within the park area and delegate authority to City staff to work with the requestor to finalize exact recognition.
3. Delegate the item to the Parks and Recreation Commission to approve alternate recognition within the park area.
4. Do not approve the renaming request and take no other action.
PRIOR CITY COUNCIL AND COMMISSION ACTIONS:
There are no prior Council actions related to the renaming of the Nob Hill Trail Park.
FISCAL AND RESOURCE IMPACT:
There are no fiscal or resource impacts associated with this action, so long as the requestor is responsible for costs associated with renaming or recognition.
CEQA (California Environmental Quality Act):
Not a Project.
Administrative activities of governments that do not result in direct physical changes in the environment do not qualify as a project for purposes of CEQA.
February 21, 2025
Mark Turner
Mayor, City of Morgan Hill
17575 Peak Avenue
Morgan Hill, CA 95037
RE: Facility naming request, Third Street Creek Park
Dear Mayor Turner,
I would like to present at this time a proposal from a community member, me, to rename a City of Morgan Hill park. The park in mention is the Third Street Creek Park which has a very utilitarian name but I feel could better reflect the community of Morgan Hill.
I understand that the “renaming” of an existing park is something not normally done except under extraordinary circumstances. I think the passing of one of Morgan Hill’s most beloved community members, Martin Gerhard Raymond Cheek, who was a journalists and newspaper publisher should rank as an extraordinary circumstance.
Marty was the co-founder and publisher of Morgan Hill Life which focused on the good being done in our community and broke the pattern of negative news covering the front page. He and the newspaper brought forth the real Morgan Hill for all to see, the Morgan Hill we all lived and breathed every day at our most fundamental level. Morgan Hill is not perfect and some warts were reported but the vast majority of life in Morgan Hill is good, really good, and Morgan Hill Life reflected that fact.
Marty used to walk to the top of the Third Street Creek Park on a regular basis early in the morning before most of the rest of us were still asleep warm in our beds. He used to love to look over the city from the perch by the Big Slide. Marty was also involved in working to save Henry Coe State Park during a difficult time in California State Parks history. Marty loved the outdoors and Morgan Hill was the perfect place for him to enjoy that passion with the parks and open space which are so abundant nearby.
I request the Third Street Creek Park be renamed the Martin Cheek Third Street Creek Park or an appropriate variation of that. I can just imagine hearing kids on bikes yelling to each other let’s go to the “Marty Park”, can’t you?
Thank you for your time and consideration of this matter.
Sincerely,
John K. McKay
John K. McKay
Resident, Morgan Hill