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

Site Acquisition

GENERAL Project Number: Council District:

Operating Budget Impact

A064109 Multiple Various

Revenues:

Location:

Expenditures: Cost Savings: None:

Est. Debt Service:

$745,663 (annual)

X

Expended/Encumbered as of 1/9/23: $21,603,926

Project Schedule/Status: This project is ongoing.

PROJECT DESCRIPTION: This project is for the acquisition of privately owned land in those areas of need where donated land appears unlikely. Land needs are prevalent in the areas of education, parks & recreation, libraries and other public purposes.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2024 Approp Total

FY 2025 FY 2026 FY 2027 FY 2028 FY 2029

TOTAL

Engineering/Design Land Acquisition

0

0

26,607,761 11,496,400 38,104,161

38,104,161

Construction

0 0 0

0 0 0

Inspection Fees

Equipment/Furnishing

Total Cost:

26,607,761 11,496,400 38,104,161

0

0

0

0

0 38,104,161

FUNDING SCHEDULE R3199 Federal Other R3399 State Other R7100 Prior Bonds R7000 Future Bonds R6999 Other R6130 Invest. Income

525,000

525,000

525,000

1,496,400 1,496,400

1,496,400

225,000

225,000

225,000

25,507,761

25,507,761

25,507,761 10,000,000

10,000,000 10,000,000

350,000

350,000

350,000

Total Cost:

26,607,761 11,496,400 38,104,161

0

0

0

0

0 38,104,161

72

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