FY 26 Harford County Proposed Capital Budget Book

Harford Academy Major Project

BOARD OF EDUCATION Project Number:

Expended/Encumbered as of 2/4/25: $1,857,575

B244110

Council District:

E

Location:

Bel Air

Project Schedule/Status: Request LP approval from State: FY 2026 Design: September - January 2024 Bid: February 2026

Expended/Enc.

Budget

Construction: March 2026 Completion: August 2028

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 2026 Approp Total

FY 2027

FY 2028

FY 2029 FY 2030 FY 2031

TOTAL

Engineering/Design Land Acquisition

16,000,000 5,077,000 21,077,000

21,077,000

0

0

Construction

20,923,000 20,923,000 59,000,000 41,120,000

121,043,000 1,880,000 12,000,000

Inspection Fees

0 1,000,000

880,000

Equipment/Furnishing

0

12,000,000

Total Cost:

16,000,000 26,000,000 42,000,000 60,000,000 54,000,000

0

0

0 156,000,000

FUNDING SCHEDULE

R7920 State Bonds R7000 Future Bonds R7100 Prior Bonds

0 20,000,000 10,000,000

30,000,000 110,000,000 16,000,000

26,000,000 26,000,000 40,000,000 44,000,000

16,000,000

16,000,000

0 0

0 0

Total Cost:

16,000,000 26,000,000 42,000,000 60,000,000 54,000,000

0

0

0 156,000,000

ESTIMATED OPERATING BUDGET IMPACT: Estimated Debt Service

FY 2026

FY 2027

FY 2028

FY 2029 FY 2030 FY 2031

TOTAL

6,328,350

1,205,400 1,145,130 1,084,860 1,024,590 964,320 904,050

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