FY 23 Approved Budget Book

DEPARTMENT: DEBT SERVICE DIVISION: Debt Service - 661290 Principal, 662290 Interest - Watershed Management Fund

This account is a special fund for deposit of a certain portion of the recordation tax, $0.55 for each $500 of the sale price (or lien amount) for each property deed recorded. The proceeds of this fund are used for the County’s watershed protection and restoration program as mandated under State of Maryland law. The State requires a separate fund be established for this purpose.

The following capital projects are included in the FY 23 Approved Capital Budget:

Watershed Management Bynum Run Watershed Restoration County Owned Watershed Restoration Riverside Area Watershed Restoration

800,000 Watershed Restoration Assessments 3,200,000 Watershed Restoration Improvements 1,200,000 Wheel Creek Watershed Restoration

1,200,000 1,750,000

300,000

Total Watershed Management

8,450,000

766