FY 25 Harford County Approved Capital Budget

HCPS Facilities Master Plan

BOARD OF EDUCATION Project Number:

Operating Budget Impact

B214116 Multiple Various

Council District:

Revenues:

Location:

Expenditures: Cost Savings: None:

Est. Debt Service:

$12,000 (annual)

X

Expended/Encumbered as of 2/22/24: $847,656

Project Schedule/Status:

PROJECT DESCRIPTION: This project allows Harford County Public Schools (HCPS) to plan for facility needs, program needs, balance enrollment, and develop scope studies for major capital projects. HCPS believes proper planning is imperative to efficiently maintaining facilities to provide a safe, secure, and healthy learning environment that is conducive to effective teaching and learning, creativity and innovation. The FY 25 request includes a Scope Study to evaluate HdG ES and Magnolia ES for potential addition/modernization and existing Harford Academy for building reuse.

Amendment - requested by HCPS to reallocate funds from closed projects. Prior Bonds have been reallocated from the following capital projects: Bakerfield Elementary School (B234121): 412,773 Swan Creek HVAC (B234125): 87,227 500,000

EXPENDITURE SCHEDULE

FY 2026 FY 2027 FY 2028 FY 2029 FY 2030

TOTAL

Cost Element

Prior

FY 2025 Approp Total

Engineering/Design Land Acquisition

1,070,000 500,000 1,570,000

1,570,000

0 0 0 0

0 0 0 0

Construction

Inspection Fees

Equipment/Furnishing

Total Cost:

1,070,000 500,000 1,570,000

0

0

0

0

0

1,570,000

FUNDING SCHEDULE

R8750 Paygo R7100 Prior Bonds

1,070,000

1,070,000

1,070,000

500,000

500,000

500,000

0 0 0

0 0 0

Total Cost:

1,070,000 500,000 1,570,000

0

0

0

0

0

1,570,000

153