FY 23 APPROVED CAPITAL BUDGET

Equestrian Center Improvements

PARKS AND RECREATION Project Number:

Operating Budget Impact

P114124

Council District:

B

Revenues:

Location:

Bel Air

Expenditures: Cost Savings: None:

Est. Debt Service:

$0

(annual)

X

Expended/Encumbered as of 2/9/22: $375,118

Project Schedule/Status: FY 23: Installation of misting system for the show rings at the Center The barn residing project is underway.

PROJECT DESCRIPTION: This project provides funding for repairs and improvements to the Facilities at the Equestrian Center, home of the Harford County Farm Fair and numerous equestrian and community events. Prior funding was used to replace the roofs, livestock barns, and some electrical improvements. Future projects under consideration include additional onsite parking. This project supports the goals and objectives of the 2018 Land Preservation, Parks and Recreation Plan and its Capital Improvement Program recommendations.

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2023

FY 2024 FY 2025 FY 2026 FY 2027 FY 2028

TOTAL

Engineering/Design Land Acquisition

50,000

50,000

50,000

0

0

Construction

511,000 14,000

75,000

586,000 100,000

300,000

250,000

1,236,000

Inspection Fees

14,000

14,000

Equipment/Furnishing

0

0

Total Cost:

575,000

75,000

650,000 100,000

0 300,000

0 250,000

1,300,000

FUNDING SCHEDULE R6999 Other R8750 Paygo R1515 Recordation Tax

125,000 150,000 300,000

125,000 150,000

150,000

100,000 100,000 50,000

375,000 250,000 675,000

75,000

375,000 100,000

150,000

0 0

0 0

Total Cost:

575,000

75,000

650,000 100,000

0 300,000

0 250,000

1,300,000

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