FY 23 APPROVED CAPITAL BUDGET

Vale Road Park

PARKS AND RECREATION Project Number:

Operating Budget Impact

P224117

Council District:

B

Revenues:

Location:

Bel Air

Expenditures: Cost Savings: None:

Est. Debt Service:

$0

(annual)

X

Expended/Encumbered as of 2/9/22: $124,645

Project Schedule/Status: Engineering is underway. FY 22: Engineering and design FY 23: Construction

PROJECT DESCRIPTION: This project proposes the construction of new active recreation facilities on the northern side of Heavenly Waters Park. These facilities will address needs for the Bel Air community and will include soccer/lacrosse fields and related amenities. Future projects will include a storage building, picnic pavilion, and small playground. Population growth will generate demand for additional recreation facilities. 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

125,000

125,000

125,000

0 0 0 0

0 0 0 0

Construction

Inspection Fees

Equipment/Furnishing

Total Cost:

125,000

0

125,000

0

0

0

0

0

125,000

FUNDING SCHEDULE R1515 Recordation Tax R3380 Prog. Open Sp.

125,000

125,000

125,000

0 0 0 0

0 0 0 0

Total Cost:

125,000

0

125,000

0

0

0

0

0

125,000

269