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

Spesutia Road Reconstruction/Upgrade

HIGHWAYS - ROADS Project Number:

Operating Budget Impact

H194508

Council District:

F

Revenues:

Location:

Perryman

Expenditures: Cost Savings: None:

Est. Debt Service:

$110,250 (annual)

X

Expended/Encumbered as of 1/9/23: $570,300

Project Schedule/Status: FY 19: Preliminary Analysis/Design FY 20: Right of Way acquisition FY 22: Construction

PROJECT DESCRIPTION: This project consists of improving Spesutia Road between US40 and MD 159 to address safety and traffic volume increases due to the continuous and ongoing development in the Perryman peninsula area. Approximately 4,000 linear feet of closed section road is proposed to be built. Spesutia Road functions as a collector road between two State roads. The improvements are proposed to include capacity upgrades at the two State road intersections as well as road widening to accommodate a bicycle shoulder/lane and sidewalks where necessary.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2024 Approp Total

FY 2025 FY 2026 FY 2027 FY 2028 FY 2029

TOTAL

Engineering/Design Land Acquisition

500,000 250,000

500,000 250,000

500,000 250,000

Construction

5,000,000

5,000,000

5,000,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

5,750,000

0 5,750,000

0

0

0

0

0

5,750,000

FUNDING SCHEDULE

R8750 Paygo R7100 Prior Bonds

500,000

500,000

500,000

5,250,000

5,250,000

5,250,000

0 0 0

0 0 0

Total Cost:

5,750,000

0 5,750,000

0

0

0

0

0

5,750,000

350