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

Fleet Replacement

BOARD OF EDUCATION Project Number:

Operating Budget Impact

B214108 Multiple Various

Council District:

Revenues:

Location:

Expenditures: Cost Savings: None:

Est. Debt Service:

$339

(annual)

X

Expended/Encumbered as of 1/9/23: $1,647,067

Project Schedule/Status:

PROJECT DESCRIPTION: This project provides funds for replacement of special education buses and essential vehicles and equipment at the end of life and will purchase new vehicles & equipment as required. Special education buses are required to meet the needs of growing numbers of students, programs & schools. These buses must comply with Federal regulations and meet IEP requirements for special education transportation. The MSDE requires that school systems replace buses after 12 years of use.

Replacement Special Needs Buses Three (3) buses due for replacement in FY 24

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2024

FY 2025 FY 2026 FY 2027 FY 2028 FY 2029

TOTAL

Engineering/Design Land Acquisition

0 0 0 0

0 0 0 0

Construction

Inspection Fees

Equipment/Furnishing

8,965,156 450,000 9,415,156 8,965,156 450,000 9,415,156

9,415,156 9,415,156

Total Cost:

0

0

0

0

0

FUNDING SCHEDULE

R8750 Paygo R7100 Prior Bonds R6999 Other BOE

6,099,000 450,000 6,549,000

6,549,000

16,159

16,159

16,159

2,850,000

2,850,000

2,850,000

0 0

0 0

Total Cost:

8,965,159 450,000 9,415,159

0

0

0

0

0

9,415,159

168

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