FY 27 Proposed Capital Budget

Chesapeake Welcome Center

HARFORD COMMUNITY COLLEGE Project Number: C204109 Council District: E Location: Churchville Project Schedule/Status: January 2021 - June 2022: Engineering/Design October 2022 - March 2024: Construction August 2023 - March 2024: Equipment/Furnishing

Expended/Encumbered as of 2/3/26: $21,095,456

Expended/Enc.

Budget

PROJECT DESCRIPTION: Capital renovation to the Chesapeake Center to consist of comprehensive upgrades to this facility to include multi-story additions to the building. The building will be reconfigured to serve as the College's new "Welcome Center" to the campus, providing services for new, returning students and the community at large.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2027 Approp Total

FY 2028 FY 2029 FY 2030 FY 2031 FY 2032

TOTAL

Engineering/Design Land Acquisition

2,609,000

2,609,000

2,609,000

0

0

Construction

53,048,794

53,048,794

53,048,794

Inspection Fees

0

0

Equipment/Furnishing

1,975,000 57,632,794

1,975,000

1,975,000

Total Cost:

0 57,632,794

0

0

0

0

0 57,632,794

FUNDING SCHEDULE

R7920 State Bonds R7100 Prior Bonds R6999 Other HCC

26,135,369 29,564,425 1,933,000

26,135,369 29,564,425 1,933,000

26,135,369 29,564,425 1,933,000

0

0

Total Cost:

57,632,794

0 57,632,794

0

0

0

0

0 57,632,794

ESTIMATED OPERATING BUDGET IMPACT:

FY 2026

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031

TOTAL

Estimated Debt Service

987,452 938,079 888,707 839,334 789,961 740,589

5,184,122

122