FY2023-FY2028 Adopted Capital Improvement Program

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: 6/30/2028

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

2023

2024

2025

2026

2027

2028 Costs After

Capital Appropriations 0 Capital Approp - Other Parties 1,610,368 906,757 185,833

25,000 152,778 25,000 152,778

15,000 150,000 175,000 15,000 150,000 175,000

Total Cost:

1,610,368 906,757 185,833

Funding Schedule:

Project Total

Prior Budget

Categories

2023

2024

2025

2026

2027

2028 Costs After

Trans from General Fund General Obligation Bonds

1,528,283 824,672 185,833

25,000 152,778

15,000 150,000 175,000

82,085

82,085

Total Cost:

1,610,368 906,757 185,833

25,000 152,778

15,000 150,000 175,000

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