FY 25 Harford County Proposed Capital Budget & Capital Improvement Program
Harford Academy Major Project
BOARD OF EDUCATION Project Number:
Operating Budget Impact Revenues:
B244110
Council District:
E
Location:
Bel Air
Expenditures: Cost Savings: None:
Est. Debt Service:
$384,000 (annual)
Expended/Encumbered as of 2/22/24: $273
Project Schedule/Status: Requesting local planning approval by the State in FY 24. Design and construction schedule will be developed upon availability of design funding. Status: Planning
PROJECT DESCRIPTION: Built in 1971, Harford Academy (HA) is the only public separate day school serving students ages three to twenty-one with severe and profound disabilities within Harford County. This project will build a new combination school facility. Harford County Government supports the Harford Academy Project and worked with HCPS to evaluate property within the Priority Funding Area (PFA) as an alternative location for this facility.
EXPENDITURE SCHEDULE
Cost Element
Prior
FY 2025 Approp Total
FY 2026
FY 2027
FY 2028 FY 2029 FY 2030
TOTAL
Engineering/Design Land Acquisition
16,000,000
16,000,000
16,000,000
0
0
Construction
0 60,700,000 60,700,000
121,400,000
Inspection Fees
0 900,000
900,000
1,800,000 8,750,000
Equipment/Furnishing
0
8,750,000
Total Cost:
16,000,000
0 16,000,000 61,600,000 70,350,000
0
0
0 147,950,000
FUNDING SCHEDULE
R7920 State Bonds R7000 Future Bonds R7100 Prior Bonds
0 24,280,000 24,280,000 0 37,320,000 46,070,000
48,560,000 83,390,000 16,000,000
16,000,000
16,000,000
0 0
0 0
Total Cost:
16,000,000
0 16,000,000 61,600,000 70,350,000
0
0
0 147,950,000
148
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