FY 25 Harford County Approved Operating Budget

DEBT SERVICE Service Costs: General (664110); 664250 (Highways); 664270 (Ag Preservation County); 664290 (Watershed Management); 664310 (Tax Increment Financing); 664530 (Water & Sewer Debt Service)

ORIGIN & PURPOSE: These appropriations cover service costs that are associated with short and long-term debt. Charges here include bank trustee fees, auditing fees, and amortization of issuance fees for bond sales.

General Fund

Debt Service - Service Costs General Fund

FY 22 Audited

FY 23 Audited

FY 24 Approved Budget

FY 25 Approved Budget

CONTRACTUAL SERVICES Professional Services (2602) Legal Services - Contractual

$18,398

$12,028

$30,000

$30,000

(2699) Other Professional Services

$0

$0

$10,000

$10,000

PROFESSIONAL SERVICES TOTAL CONTRACTUAL SERVICES TOTAL

$18,398 $18,398

$12,028 $12,028

$40,000 $40,000

$40,000 $40,000

DEBT SERVICE Other Expenses

(6303) Costs of Issuance

$304,628

$243,983

$600,000

$600,000

OTHER EXPENSES TOTAL

$304,628 $304,628 $323,026

$243,983 $243,983 $256,011

$600,000 $600,000 $640,000

$600,000 $600,000 $640,000

DEBT SERVICE TOTAL

TOTAL

665