FY 25 Harford County Proposed Capital Budget & Capital Improvement Program

Parkland Acquisition

PARKS AND RECREATION Project Number:

Operating Budget Impact

P104117 Multiple Various

Council District:

Revenues:

Location:

Expenditures: Cost Savings: None:

X

Est. Debt Service:

N/A

(annual)

Expended/Encumbered as of 2/22/24: $17,383,493

Project Schedule/Status: Property acquisition.

PROJECT DESCRIPTION: This project proposes the acquisition of land to be used as active and/or passive park sites. This project is not site specific, thus allowing the purchase of land whenever and wherever it becomes available. Sites to be acquired will include areas of outstanding natural features, stream valley parks, as well as regional and community park sites. Particular attention will be given to preserving open space countywide in cooperation with State and Federal programs and to addressing unmet needs of the high growth areas of the County. Funds for acquisition may be supplemented by other County land acquisition projects or by Recreation Council funds. Additional residential development is anticipated and population growth will generate demand for additional recreation facilities. This project supports the goals and objectives of the 2022 Land Preservation, Parks and Recreation Plan and its Capital Improvement Program recommendations.

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

75,000

375,000 100,000 100,000 100,000 100,000 150,000

925,000

16,791,000 1,300,000 18,091,000 1,600,000 1,600,000 1,750,000 1,750,000 2,000,000 26,791,000

Construction

0

0

Inspection Fees

80,000

80,000

80,000

Equipment/Furnishing

0 0 17,171,000 1,375,000 18,546,000 1,700,000 1,700,000 1,850,000 1,850,000 2,150,000 27,796,000

Total Cost:

FUNDING SCHEDULE R1515 Recordation Tax R3380 Program Open Space

1,065,000 1,690,000 16,106,000 1,300,000 17,406,000 1,600,000 1,600,000 1,750,000 1,750,000 2,000,000 26,106,000 0 0 0 0 0 0 17,171,000 1,375,000 18,546,000 1,700,000 1,700,000 1,850,000 1,850,000 2,150,000 27,796,000 75,000 1,140,000 100,000 100,000 100,000 100,000 150,000

Total Cost:

193