FY2023-FY2028 Adopted Capital Improvement Program
Capital Project Summary
Capital Project Number: GG2047
Activity #:
Capital Project Title: General Acquisition Account
Region: Countywide
Asset Type: Other Asset Category: General Government
Year Identified: 2022 Est Completion Date: 12/31/2025
Capital Project Status: Active
Capital Project Description: Based on the increasing growth across Frederick County, the need for additional property and facilities is evident. Additional property and facilities will allow for increased resources and the ability to expedite delivery of public services. It would also permit future growth opportunities as the County workforce continues to expand. The establishment of this account would permit acquisition of property and 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
2023
2024
2025
2026
2027
2028 Costs After
Land
500,000 500,000
500,000 500,000
Total Cost:
Funding Schedule:
Project Total
Prior Budget
Categories
2023
2024
2025
2026
2027
2028 Costs After
General Obligation Bonds
500,000 500,000
500,000 500,000
Total Cost:
79
Made with FlippingBook - Online magazine maker