FY 25 Harford County Approved Capital Budget

Prospect Mill Park

PARKS AND RECREATION Project Number:

Operating Budget Impact

P224116

Council District:

E

Revenues:

Location:

Fountain Green

Expenditures: Cost Savings: None:

Est. Debt Service:

$0

(annual)

X

Expended/Encumbered as of 2/22/24: $142,914

Project Schedule/Status:

PROJECT DESCRIPTION: Harford County developed a 29.9 acre parcel to serve the outdoor recreation needs of the Hickory/Fountain Green area. Amenities such as a storage building, picnic pavilion, and playground will be constructed. Additional residential development is anticipated in this community. This project supports the goals and objectives of the 2022 Land Preservation, Parks and Recreation Plan and its Capital Improvement Program recommendations.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2025 Approp Total

FY 2026 FY 2027 FY 2028 FY 2029 FY 2030

TOTAL

Engineering/Design Land Acquisition

0 0

0 0

Construction

250,000

250,000 250,000 200,000

600,000

1,300,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

250,000

0

250,000 250,000 200,000

0

0 600,000

1,300,000

FUNDING SCHEDULE R1515 Recordation Tax R3380 Program Open Space

250,000

250,000 100,000 100,000

300,000 300,000

750,000 550,000

0 150,000 100,000

0 0 0

0 0 0

Total Cost:

250,000

0

250,000 250,000 200,000

0

0 600,000

1,300,000

244