FY2021 Adopted Budget

Capital Project Summary

Capital Project Number: HW3050

Activity #:

Capital Project Title: Highway Operations Satellite Facility Acquisition

Year Identified: 2020 Est Completion Date: 12/1/2023 Region: Adamstown, Brunswick, Frederick, Middletown,...

Capital Project Status: Active Asset Type: Highway Asset Category: Highways

Capital Project Description: Based on the increasing growth across Frederick County, the need for additional highway operations facilities is evident. Additional facilities will allow for increased resources and the ability to expedite services. The establishment of this account would permit acquisition of highway operations satellite facilities based upon opportunities as they arise. Once an option to purchase property is executed, a separate project could be created and the appropriate funds transferred.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2021

2022

2023

2024

2025

2026 Costs After

Land

1,030,000 1,030,000

515,000 515,000

515,000 515,000

Total Cost:

Funding Schedule:

Project Total

Prior Budget

Categories

2021

2022

2023

2024

2025

2026 Costs After

General Obligation Bonds

1,030,000 1,030,000

515,000 515,000

515,000 515,000

Total Cost:

613

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