FY 23 APPROVED CAPITAL BUDGET

Schucks Road Regional Complex

Project Number: Council District:

Operating Budget Impact

P064137

E

Revenues:

Location:

Churchville

Expenditures: Cost Savings: None:

Est. Debt Service:

$63,250 (annual)

X

Expended/Encumbered as of 3/22/21: $6,038,784

Project Schedule/Status: Wetlands mitigation monitoring is complete.

PROJECT DESCRIPTION: This project proposes the development of a 71 acre site centrally located in Harford County. Three Recreation Councils (Hickory/ Fountain Green, Forest Hill and Emmorton) have contributed funds towards site acquisition and will share facilities. Population growth in this area will create demand for additional recreation facilities. This project supports the goals and objectives of the 2018 Land Preservation, Parks and Recreation Plan and its Capital Improvements 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

150,000 200,000

150,000 200,000

150,000 200,000

Construction

7,340,415

7,340,415

550,000

7,890,415

Inspection Fees

420,000

420,000

420,000

Equipment/Furnishing

0

0

Total Cost:

8,110,415

0 8,110,415

0

0

0

0 550,000

8,660,415

FUNDING SCHEDULE R1515 Recordation Tax R6999 Other R7100 Prior Bonds R8770 Reappropriated R3380 Prog. Open Sp.

2,070,000

2,070,000

300,000

2,370,000

100,000

100,000

100,000

2,530,000 1,454,415 1,956,000 8,110,415

2,530,000 1,454,415 1,956,000

2,530,000 1,454,415 2,206,000 8,660,415

250,000

Total Cost:

0 8,110,415

0

0

0

0 550,000

252