FY 23 APPROVED CAPITAL BUDGET

Gunpowder River Dredging

PARKS AND RECREATION Project Number:

Operating Budget Impact

P124121

Council District:

A

Revenues:

Location:

Joppatowne

Expenditures: Cost Savings: None:

Est. Debt Service:

$0

(annual)

X

Expended/Encumbered as of 2/9/22: $1,791,801

Project Schedule/Status:

PROJECT DESCRIPTION: This project proposes maintenance dredging of the existing navigation channel in Taylor's Creek, as well as the channel leading into Gunpowder River which provides boating access to the Joppatowne community.

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

550,000

550,000

150,000

700,000

0

0

Construction

1,550,000

1,550,000

1,000,000

2,550,000

Inspection Fees

134,000

134,000

134,000

Equipment/Furnishing

0

0

Total Cost:

2,234,000

0 2,234,000

0

0 150,000 1,000,000

0

3,384,000

FUNDING SCHEDULE R3399 State Other R1515 Recordation Tax

1,720,000

1,720,000

1,000,000

2,720,000

514,000

514,000

150,000

664,000

0 0 0

0 0 0

Total Cost:

2,234,000

0 2,234,000

0

0 150,000 1,000,000

0

3,384,000

246