FY 26 Proposed Capital Budget Book

HCPS Facilities Master Plan

BOARD OF EDUCATION Project Number:

Expended/Encumbered as of 2/4/25: $847,656

B214116 Multiple Various

Council District:

Location:

Project Schedule/Status:

Expended/Enc.

Budget

PROJECT DESCRIPTION: This project allows Harford County Public Schools (HCPS) to plan for facility needs, program needs, balance enrollment, and develop scope studies for major capital projects. HCPS believes proper planning is imperative to efficiently maintaining facilities to provide a safe, secure, and healthy learning environment that is conducive to effective teaching and learning, creativity and innovation. FY 26 funding for consulting services dedicated to redistricting efforts. This initiative is planned to align with the opening of the new elementary school, the Harford Academy project. It aims to proactively address enrollment shifts, support the implementation of the Blueprint for Maryland's Future, and enhance resource allocation to meet evolving educational needs.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2026 Approp Total

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031

TOTAL

Engineering/Design Land Acquisition

1,570,000 750,000 2,320,000 300,000 600,000 315,000 320,000 325,000

4,180,000

0 0 0 0

0 0 0 0

Construction

Inspection Fees

Equipment/Furnishing

Total Cost:

1,570,000 750,000 2,320,000 300,000 600,000 315,000 320,000 325,000

4,180,000

FUNDING SCHEDULE

R8750 Paygo R7100 Prior Bonds R7000 Future Bonds

1,070,000

1,070,000

1,070,000

500,000

500,000

500,000

750,000

750,000 300,000 600,000 315,000 320,000 325,000

2,610,000

0 0

0 0

Total Cost:

1,570,000 750,000 2,320,000 300,000 600,000 315,000 320,000 325,000

4,180,000

ESTIMATED OPERATING BUDGET IMPACT: Estimated Debt Service

FY 2026 35,875

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031

TOTAL

188,344

34,081

32,288

30,494

28,700

26,906

139