FY 25 Harford County Proposed Capital Budget & Capital Improvement Program

Educational Facility Program

BOARD OF EDUCATION Project Number:

Operating Budget Impact

B214107 Various Multiple

Council District:

Revenues:

Location:

Expenditures: Cost Savings: None:

Est. Debt Service:

$165,470 (annual)

X

Expended/Encumbered as of 2/22/24: $4,389,780

Project Schedule/Status:

PROJECT DESCRIPTION: This project will be used to make the improvements needed to provide the physical environment and equipment to meet educational program requirements. This includes modifying existing spaces for special education programs, CTE programs, and general educational programs. The funds are used for facility improvements, additional program buses, program specific technology, and new and replacement educational equipment and furnishings. FY 25 funding will provide for Special Education Facilities improvements and is the #3 priority for HCPS.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2025 Approp Total

FY 2026 FY 2027 FY 2028 FY 2029 FY 2030

TOTAL

Engineering/Design Land Acquisition

100,000

100,000

100,000

0

0

Construction

4,363,191 400,000 4,763,191

4,763,191

Inspection Fees

0

0

Equipment/Furnishing

5,727,056

5,727,056

5,727,056

Total Cost:

10,190,247 400,000 10,590,247

0

0

0

0

0 10,590,247

FUNDING SCHEDULE

R7000 Future Bonds R7100 Prior Bonds R6999 Other BOE R8750 Paygo

400,000

400,000

400,000

6,494,576

6,494,576

6,494,576

950,000

950,000

950,000

2,745,671

2,745,671

2,745,671

0

0

Total Cost:

10,190,247 400,000 10,590,247

0

0

0

0

0 10,590,247

140

Made with FlippingBook flipbook maker