FY 27 Proposed Capital Budget

Jarrettsville Recreation Complex/Center

PARKS AND RECREATION Project Number:

Expended/Encumbered as of 2/3/26: $429,573

P154111

Council District:

D

Location:

Jarrettsville

Project Schedule/Status:

Expended/Enc.

Budget

PROJECT DESCRIPTION: This project will provide fields and a multipurpose center to serve the leisure needs for all in the Jarrettsville community. The center will include a gymnasium and multipurpose rooms for a variety of community recreational programs. This supports the goals and objectives of the 2022 Lane 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

1,710,775

1,710,775

150,000

1,860,775

0

0

Construction

3,000,000

3,000,000

3,000,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

4,710,775

0 4,710,775

0

0

0 150,000

0

4,860,775

FUNDING SCHEDULE R8750 Paygo R7000 Future Bonds R1515 Recordation Tax R7100 Prior Bonds R3380 Prog. Open Sp.

425,000

425,000

425,000

0

0

85,775

85,775

150,000

235,775

4,200,000

4,200,000

4,200,000

0

0

Total Cost:

4,710,775

0 4,710,775

0

0

0 150,000

0

4,860,775

ESTIMATED OPERATING BUDGET IMPACT: Estimated Debt Service

FY 2027 120,540

FY 2028 FY 2029 FY 2030 FY 2031 FY 2032

TOTAL

632,835

114,513 108,486 102,459

96,432

90,405

216