FY 26 Harford County Proposed Capital Budget Book

Oakington Peninsula System

PARKS AND RECREATION Project Number:

Expended/Encumbered as of 2/4/25: $141,820

P224115

Council District:

F

Location:

Havre de Grace

Project Schedule/Status: The master plan process for the Oakington Peninsula Park system is underway.

Expended/Enc.

Budget

PROJECT DESCRIPTION: This project proposes engineering and construction for development of the Oakington Peninsula Park System. These properties include Swan Harbor Farms, Eleanor and Millard Tydings Park, and the entire peninsula. Future park improvements to occur as funding is available. This project supports the goals and objectives of the 2022 Land Preservation, Parks and Recreation and its Capital Improvement Program recommendations.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2026 Approp Total

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031

TOTAL

Engineering/Design Land Acquisition

550,000

550,000

500,000

500,000

1,550,000

0

0

Construction

2,000,000

2,000,000 1,000,000

2,000,000

2,000,000

7,000,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

2,550,000

0 2,550,000 1,000,000

0 2,500,000

0 2,500,000

8,550,000

FUNDING SCHEDULE R1515 Recordation Tax R3380 Prog. Open Sp. R7000 Future Bonds

550,000

550,000

550,000

0

0

0 1,000,000

2,500,000

2,500,000

6,000,000 2,000,000

R7100 Prior Bonds

2,000,000

2,000,000

0

0

Total Cost:

2,550,000

0 2,550,000 1,000,000

0 2,500,000

0 2,500,000

8,550,000

ESTIMATED OPERATING BUDGET IMPACT: Estimated Debt Service

FY 2026 57,400

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031

TOTAL

301,350

54,530

51,660

48,790

45,920

43,050

223

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