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

HARFORD COUNTY, MARYLAND STATEMENTS OF ESTIMATED UNAPPROPRIATED FUND BALANCES CAPITAL FUND

GENERAL

HIGHWAYS PARKS & REC.

TOTAL

TOTAL FUND BALANCE AT JUNE 30, 2022

21,283,239

21,236,533

3,513,606

46,033,378

Estimated Revenues - Open Project Estimated Expenditures - Open Project

108,150,654 (121,897,320)

16,126,933 (16,325,142) 21,038,324

14,175,385 (13,670,685)

138,452,972 (151,893,147)

7,536,573

4,018,306

32,593,203

Fund Balance Available for Appropriation at June 30, 2023

Less: Restricted Fund Balance Recordation and Transfer Tax

(3,093,417) (4,400,000)

0

(4,018,306)

(7,111,723) (25,412,323)

Grants/Dedicated

(21,012,323)

0

Fund Balance Available for Appropriation at June 30, 2023 Undesignated Fund Balance

43,156

26,001

0

69,157

Fund Balance Available for Appropriation at June 30, 2023 Undesignated Fund Balance

43,156

26,001

0

69,157

Estimated Revenues Fiscal Year 2024

Paygo

15,342,000 12,000,600 9,500,000 87,355,000 5,000,000 1,525,000 26,086,000 12,114,000

13,935,000

50,000

29,327,000 15,000,600 9,500,000 94,090,000 5,000,000 4,915,000 26,086,000 15,829,000 2,000,000 7,371,400 209,119,000

Recordation Tax Transfer Tax Future Bonds Reappropriated Federal Grant State Bonds State Grants Lease Finance Developer/Other

0 0

3,000,000

0

2,235,000

4,500,000

0

0 0 0

3,390,000

0 0

3,715,000

0

2,000,000 1,650,000 23,210,000

0

5,196,400 174,119,000

525,000

Total Estimated Revenues Fiscal Year 2024

11,790,000

Estimated Expenditures Fiscal Year 2024

(174,119,000)

(23,210,000)

(11,790,000)

(209,119,000)

Fund Balance Available for Appropriation at June 30, 2024 Undesignated Fund Balance

43,156

26,001

0

69,157

47

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