FY 27 Proposed Capital Budget

Regional Workforce Development Center

HARFORD COMMUNITY COLLEGE Project Number: C264108 Council District: E Location:

Expended/Encumbered $14,860

Churchville/Aberdeen

Project Schedule/Status:

Expended/Enc.

Budget

PROJECT DESCRIPTION: This project provides funding for the site acquisition, engineering and design of a Regional Workforce Development Center.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2027 Approp Total

FY 2028 FY 2029 FY 2030 FY 2031 FY 2032

TOTAL

Engineering/Design Land Acquisition

2,000,000 1,000,000

3,000,000 7,000,000

3,000,000 7,000,000 31,000,000

7,000,000

Construction

31,000,000 31,000,000

Inspection Fees

0

0

Equipment/Furnishing

4,000,000

4,000,000

4,000,000

Total Cost:

9,000,000 36,000,000 45,000,000

0

0

0

0

0 45,000,000

FUNDING SCHEDULE

R7000 Future Bonds R3399 State Other R7100 Prior Bonds R6999 Other HCC R8750 Paygo

10,000,000 10,000,000

10,000,000 23,320,000 8,000,000 2,680,000 1,000,000

1,000,000 22,320,000 23,320,000

8,000,000

8,000,000 2,680,000 1,000,000

2,680,000 1,000,000

Total Cost:

9,000,000 36,000,000 45,000,000

0

0

0

0

0 45,000,000

ESTIMATED OPERATING BUDGET IMPACT: Estimated Debt Service

FY 2027 601,200

FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 571,140 541,080 511,020 480,960 450,900

TOTAL

3,156,300

120