FY 25 Harford County Approved Capital Budget

Oakington Peninsula System

PARKS AND RECREATION Project Number:

Operating Budget Impact

P224115

Council District:

F

Revenues:

Location:

Havre de Grace

Expenditures: Cost Savings: None:

Est. Debt Service:

$48,000 (annual)

X

Expended/Encumbered as of 2/22/24: $58,520

Project Schedule/Status: The master plan process for the Oakington Peninsula Park system is underway.

PROJECT DESCRIPTION: This project proposes engineering and construction for development of the Oakington Peninsula Park System. These properties include Swan Harbor Farms, Eleanor and Millard Tydings Park, and the entire peninsula. Future park improvements to occur as funding is available. This project supports the goals and objectives of the 2018 Land Preservation, Parks and Recreation and its Capital Improvement Program recommendations.

Amended per Amendment #51

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2025 Approp Total

FY 2026 FY 2027 FY 2028 FY 2029 FY 2030

TOTAL

Engineering/Design Land Acquisition

550,000

550,000

500,000

1,050,000

0

0

Construction

2,000,000 2,000,000

1,000,000

2,000,000

5,000,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

550,000 2,000,000 2,550,000

0 1,000,000

0 2,500,000

0

6,050,000

FUNDING SCHEDULE R1515 Recordation Tax R3380 Prog. Open Sp. R7000 Future Bonds

550,000

550,000

550,000

0

0

2,000,000 2,000,000

1,000,000

2,500,000

5,500,000

0 0

0 0

Total Cost:

550,000 2,000,000 2,550,000

0 1,000,000

0 2,500,000

0

6,050,000

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