FY 27 Proposed Capital Budget

Emily Bayless Graham Park

PARKS AND RECREATION Project Number: New Council District: B Location: Project Schedule/Status:

Expended/Encumbered $0

Emmorton

Expended/Enc.

Budget

PROJECT DESCRIPTION: Emily Bayless Graham Park will focus on passive park development for a site in Emmorton. In fulfillment of Mrs. Graham's wishes for the property, the park will include natural trails, picnic pavilions, and opportunities for the public to learn about the history of the site and the surrounding community. This project also proposes the support for a future Center for the Arts. Preservation of this tract will provide critically needed public open space in the heart of the County's development envelope. Additional residential growth is anticipated in the area and will generate demand for parks. 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 2027 Approp Total

FY 2028 FY 2029 FY 2030 FY 2031 FY 2032

TOTAL

Engineering/Design Land Acquisition

250,000

250,000

250,000

0

0

Construction

2,750,000 2,750,000 750,000

500,000

4,000,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

0 3,000,000 3,000,000 750,000

0

0 500,000

0

4,250,000

FUNDING SCHEDULE R6999 Other R1515 Recordation Tax R7000 Future Bonds

1,500,000 1,500,000 500,000

100,000 400,000

2,100,000

0 250,000

650,000

1,500,000 1,500,000

1,500,000

0 0

0 0

Total Cost:

0 3,000,000 3,000,000 750,000

0

0 500,000

0

4,250,000

ESTIMATED OPERATING BUDGET IMPACT:

FY 2027

FY 2028 FY 2029 FY 2030 FY 2031 FY 2032

TOTAL

187