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

Youth's Benefit Elementary School Replacement

BOARD OF EDUCATION Project Number:

Operating Budget Impact

B074127

Council District:

B

Revenues:

Location:

Fallston

Expenditures: Cost Savings: None:

Est. Debt Service:

$810,849 (annual)

X

Expended/Encumbered as of 1/9/23: $38,611,866

Project Schedule/Status:

PROJECT DESCRIPTION: This project was to replace the Youth's Benefit Elementary School two school campus into a one school building.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2024 Approp Total

FY 2025 FY 2026 FY 2027 FY 2028 FY 2029

TOTAL

Engineering/Design Land Acquisition

3,510,600

3,510,600

3,510,600

0

0

Construction

42,111,266 3,240,000

42,111,266 3,240,000

42,111,266 3,240,000

Inspection Fees

Equipment/Furnishing

0

0

Total Cost:

48,861,866

0 48,861,866

0

0

0

0

0 48,861,866

FUNDING SCHEDULE

R7100 Prior Bonds R7920 State Bonds

38,611,866 10,250,000

38,611,866 10,250,000

38,611,866 10,250,000

0 0 0

0 0 0

Total Cost:

48,861,866

0 48,861,866

0

0

0

0

0 48,861,866

198

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