FY2026-FY2031 Proposed Capital Improvement Program

Capital Project Summary

Capital Project Number: PR0001 Capital Project Title: Acquisition Asset Type: Parks & Recreation Asset Category: Parks & Recreation Capital Project Status: In Progress

Year Identified: 2010 Est Completion Date: Region: Countywide Activity #: C7500.7500.01

Capital Project Description: The unallocated acquisition category was established to permit acquisition of park sites based upon opportunities as they arise. Once an option to purchase is executed, a separate project can be created and the appropriate funds transferred. The following priority areas of projects are scheduled: Emmitsburg/Thurmont Area RP/DP, New Market/Spring Ridge Area CP, and Green Valley/Monrovia Area CP.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2026

2027

2028

2029

2030

2031 Costs After

Land

6,292,062 6,292,062 6,292,062 6,292,062

Total Cost:

Funding Schedule:

Project Total

Prior Budget

Categories

2026

2027

2028

2029

2030

2031 Costs After

State Grants - Capital

2,951,674 2,951,674

Trans from Parks Acquisition

3,340,388 847,058 2,493,330

Recordation Tax Bonds

0 2,493,330 -2,493,330

Total Cost:

6,292,062 6,292,062

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