FY 25 Harford County Approved Capital Budget
Stepney Road at Maryland Route 7 Intersection Improvements
HIGHWAYS - ROADS Project Number:
Operating Budget Impact
H254506
F
Council District:
Revenues:
Aberdeen
Location:
Expenditures: Cost Savings: None:
Est. Debt Service:
(annual)
X
Expended/Encumbered as of 2/22/24: $0
Project Schedule/Status:
PROJECT DESCRIPTION: The purpose of this project is to improve the traffic capacity and safety at the Stepney Road at MD 7 Intersection. The Maryland State Highway Administration is adminstering the project with Harford County contributing 20% of the project cost. Harford County has received funding from developers to contribute towards the project as mitigation for their required off site improvements. This project is consistent with the Master Planning goal of maintaining a safe and adequate transportation system to serve existing and future populations.
EXPENDITURE SCHEDULE
Cost Element
Prior
FY 2025 Approp Total
FY 2026 FY 2027 FY 2028 FY 2029 FY 2030
TOTAL
Engineering/Design Land Acquisition
300,000
300,000
300,000
0
0
Construction
0 350,000
350,000
Inspection Fees
0 0
0 0
Equipment/Furnishing
Total Cost:
0 300,000
300,000 350,000
0
0
0
0
650,000
FUNDING SCHEDULE
R7920 State Bonds R7000 Future Bonds R6330 Developer
0
0
0 300,000
300,000 350,000
300,000
300,000
50,000
0 0
0 0
Total Cost:
0 300,000
300,000 350,000
0
0
0
0
650,000
341
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