FY 26 Proposed Capital Budget Book

Bank Building Renovation

GENERAL Project Number: Council District:

Expended/Encumbered $0

New

C

Location:

Bel Air

Project Schedule/Status:

Expended/Enc.

Budget

PROJECT DESCRIPTION: This project will renovate the former First National/M&T Bank building at 12 Office Street for the State's Attorney's Office.

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

3,200,000 3,200,000

3,200,000

Inspection Fees

0

0

Equipment/Furnishing

300,000

300,000

300,000

Total Cost:

0 3,500,000 3,500,000

0

0

0

0

0

3,500,000

FUNDING SCHEDULE

R7000 Future Bonds

3,500,000 3,500,000

3,500,000

0 0 0

0 0 0

Total Cost:

0 3,500,000 3,500,000

0

0

0

0

0

3,500,000

ESTIMATED OPERATING BUDGET IMPACT: Estimated Debt Service

FY 2026 100,450

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031

TOTAL

527,363

95,428

90,405

85,383

80,360

75,338

58

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