FY 26 Proposed Capital Budget Book

Enlarged Gymnasiums & Joint Facilities

PARKS AND RECREATION Project Number: New Council District:

Expended/Encumbered $0

Multiple Various

Location:

Project Schedule/Status: FY 27: Homestead/Wakefield Elementary FY 29: Harford Academy

Expended/Enc.

Budget

PROJECT DESCRIPTION: This project proposes the construction of shared facilities at public schools such as enlarged gymnasiums, activity rooms, and recreation storage. Future projects will include the additional indoor recreation space in schools. This is a cost effective way to add needed facilities for Recreation Council use. Indoor space is critical for winter programming. Secondary schools utilize their large gymnasiums extensively for school programs, leaving minimal opportunity for recreation activities. 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 2026 Approp Total

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031

TOTAL

Engineering/Design Land Acquisition

0 0

0 0

Construction

700,000

700,000

750,000

1,450,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

0 700,000

700,000

0

0 750,000

0

0

1,450,000

FUNDING SCHEDULE

R7000 Future Bonds

700,000

700,000

750,000

1,450,000

0 0 0 0

0 0 0

Total Cost:

0 700,000

700,000

0

0 750,000

0

0

1,450,000

ESTIMATED OPERATING BUDGET IMPACT: Estimated Debt Service

FY 2026 20,090

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031

TOTAL 88,296

1,909

18,081

17,077

16,072

15,068

182