FY 25 Harford County Proposed Capital Budget & Capital Improvement Program

Site Acquisition

GENERAL Project Number: Council District:

Operating Budget Impact

A064109 Multiple Various

Revenues:

Location:

Expenditures: Cost Savings: None:

Est. Debt Service:

$1,092,186 (annual)

X

Expended/Encumbered as of 2/22/24: $33,866,285

Project Schedule/Status: This project is ongoing.

PROJECT DESCRIPTION: This project is for the acquisition of privately owned land in those areas of need where donated land appears unlikely. Land needs are prevalent in the areas of education, parks & recreation, libraries and other public purposes.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2025 Approp Total

FY 2026 FY 2027 FY 2028 FY 2029 FY 2030

TOTAL

Engineering/Design Land Acquisition

0

0

38,104,161 10,000,000 48,104,161 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 73,104,161

Construction

0 0 0

0 0

Inspection Fees

Equipment/Furnishing

0 38,104,161 10,000,000 48,104,161 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 73,104,161

Total Cost:

FUNDING SCHEDULE R3199 Federal Other R3399 State Other R7100 Prior Bonds R7000 Future Bonds R6999 Other R6130 Invest. Income

525,000

525,000

525,000

1,496,400

1,496,400

1,496,400

225,000

225,000

225,000

35,507,761 35,507,761 10,000,000 10,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 35,000,000 350,000 350,000 350,000 38,104,161 10,000,000 48,104,161 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 73,104,161 35,507,761

Total Cost:

79