FY2021 Adopted Budget

Capital Project Summary

Capital Project Number: MP1001

Activity #: C9000.9000.02

Capital Project Title: Frederick Municipal Airport

Region: Frederick

Capital Project Status: Active Asset Type: City of Frederick Asset Category: Municipalities

Year Identified: 2010 Est Completion Date: 6/30/2025

Capital Project Description: Design and construct improvements to Frederick Municipal Airport as outlined in the Airport Master Plan, stage I & II improvements. Updated to reflect current cost and FAA funding. The Federal Government share is 90%, the State share is 5.0% and the County and City shares are both 2.5%. ONLY the county portion is being shown.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2021

2022

2023

2024

2025

2026 Costs After

Capital Appropriations 0 Capital Approp - Other Parties 1,122,132 643,938 116,569 101,250

97,042 97,042

83,333 83,333

80,000 80,000

Total Cost:

1,122,132 643,938 116,569 101,250

Funding Schedule:

Project Total

Prior Budget

Categories

2021

2022

2023

2024

2025

2026 Costs After

Trans from General Fund General Obligation Bonds

1,040,047 561,853 116,569 101,250

97,042

83,333

80,000

82,085

82,085

Total Cost:

1,122,132 643,938 116,569 101,250

97,042

83,333

80,000

683