FY 23 APPROVED CAPITAL BUDGET

Emily Bayless Graham Park

PARKS AND RECREATION Project Number:

Operating Budget Impact

P124120

Council District:

B

Revenues:

Location:

Emmorton

Expenditures: Cost Savings: None:

Est. Debt Service:

$0

(annual)

X

Expended/Encumbered as of 2/9/22: $1,655,572

Project Schedule/Status: FY 23: Stabilization and weatherization of the outbuildings. The farmhouse has been stabilized and weatherized.

PROJECT DESCRIPTION: Emily Bayless Graham Park will focus on passive park development for a site in Emmorton. In fulfillment of Mrs. Graham's wishes for the property, the park will include natural trails, picnic pavilions, and opportunities for the public to learn about the history of the site and the surrounding community. Preservation of this tract will provide critically needed public open space in the heart of the County's development envelope. Additional residential growth is anticipated in the area and will generate demand for parks. 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

495,000

495,000

495,000

0

0

Construction

2,840,000

2,840,000 250,000

500,000

3,590,000

Inspection Fees

60,000

60,000

60,000

Equipment/Furnishing

0

0

Total Cost:

3,395,000

0 3,395,000 250,000

0 500,000

0

0

4,145,000

FUNDING SCHEDULE

R6999 Other R8750 Paygo

1,275,000

1,275,000

500,000

1,775,000

150,000

150,000

150,000

R1515 Recordation Tax R3380 Prog. Open Sp.

1,047,500

1,047,500 250,000

1,297,500

922,500

922,500

922,500

0

0

Total Cost:

3,395,000

0 3,395,000 250,000

0 500,000

0

0

4,145,000

242