Harford County, MD FY 24 Proposed Capital Budget & Capital Improvement Program

North Bend Elementary School Central Plant & Fire Alarm Upgrade

BOARD OF EDUCATION Project Number:

Operating Budget Impact

B204111

Council District:

D

Revenues:

Location:

Jarrettsville

Expenditures: Cost Savings: None:

Est. Debt Service:

$21,506 (annual)

X

Expended/Encumbered as of 1/9/23: $1,022,633

Project Schedule/Status:

PROJECT DESCRIPTION: These funds were used at the North Bend Elementary School to replace aging central plant equipment such as chiller, cooling tower and controls. The project will also replace the fire alarm.

Prior Bond funds reallocated to HCPS Site Improvements $30,403

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2024 Approp Total

FY 2025 FY 2026 FY 2027 FY 2028 FY 2029

TOTAL

Engineering/Design Land Acquisition

155,000

155,000

155,000

0

0

Construction

1,860,000

(30,403)

1,829,597

1,829,597

Inspection Fees

16,000

16,000

16,000

Equipment/Furnishing

0

0

Total Cost:

2,031,000

(30,403)

2,000,597

0

0

0

0

0

2,000,597

FUNDING SCHEDULE

R7100 Prior Bonds R7920 State Bonds

1,054,500

(30,403)

1,024,097

1,024,097

976,500

976,500

976,500

0 0 0

0 0 0

Total Cost:

2,031,000

(30,403)

2,000,597

0

0

0

0

0

2,000,597

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