FY 25 Harford County Proposed Capital Budget & Capital Improvement Program

Major HVAC

BOARD OF EDUCATION Project Number:

Operating Budget Impact

B214115 Multiple Various

Council District:

Revenues:

Location:

Expenditures: Cost Savings: None:

Est. Debt Service:

$83,806 (annual)

X

Expended/Encumbered as of 2/22/24: $561,464

Project Schedule/Status:

PROJECT DESCRIPTION: This capital project provides funding for large major equipment repairs and replacement of HVAC equipment at various school buildings. All minor repairs are handled through Harford County Public Schools normal maintenance operating budget.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2025 Approp Total

FY 2026 FY 2027 FY 2028 FY 2029 FY 2030

TOTAL

Engineering/Design Land Acquisition

500,000

500,000

500,000

0

0

Construction

6,765,379

6,765,379

6,765,379

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

7,265,379

0 7,265,379

0

0

0

0

0

7,265,379

FUNDING SCHEDULE

R7100 Prior Bonds R6999 Other BOE R7000 Future Bonds

3,491,914 3,773,465

3,491,914 3,773,465

3,491,914 3,773,465

0 0 0

0 0 0

Total Cost:

7,265,379

0 7,265,379

0

0

0

0

0

7,265,379

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