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Budget Year / Version:  
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Description

This project funded the reacquisition of the Larchmont Elementary School property, which was previously sold by the County to Grace Episcopal Church. The County exercised its right of first refusal and purchased the property in FY22. The County is leasing the school building, currently operated as a private school, back to the current owner until the property is needed for public use. The school will fund any necessary capital improvements to the school building.
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Phase

Planning Stage

Status

Closeout
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Budget Snapshot
$7.6M Total
Expenditures/Funding
$0M 6 Year Total
Expenditures/Funding
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Location

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Estimated Schedule

Closing on this purchase occurred in August 2021.
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Cost Change

Cost change as a result of FY21 supplemental in G.O. Bonds for the amount of $7,600,000.
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Justification

This property is an ideal candidate for future public purpose. The intended arrangement will allow for continued operation as a private school while funding necessary capital improvements at no cost to the County.
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Fiscal Note

FY21 supplemental in G.O. Bonds for the amount of $7,600,000.
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Coordination

Department of General Services, Office of the County Attorney, Office of Management and Budget
Budget Snapshot
$7.6M Total
Expenditures/Funding
$0M 6 Year Total
Expenditures/Funding
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Project Details
Project NumberP362107
Date Last Modified01/11/22
Administering AgencyGeneral Services
CategoryGeneral Government
SubCategoryOther General Government
Planning AreaKensington-Wheaton
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Total Expenditures by Cost Element (000s)
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Total Funding by Source (000s)
EXPENDITURES (000s)
Cost ElementsTotalThru FY21Est FY22Total 6 YearsFY 23FY 24FY 25FY 26FY 27FY 28Beyond 6 Years
Planning, Design and Supervision00000000000
Land76000760000000000
Site Improvements and Utilities00000000000
Construction00000000000
Other00000000000
Total Expenditures76000760000000000
FUNDING (000s)
Funding SourceTotalThru FY21Est FY22Total 6 YearsFY 23FY 24FY 25FY 26FY 27FY 28Beyond 6 Years
G.O. Bonds76000760000000000
Total Funding Sources76000760000000000
APPROPRIATION AND EXPENDITURE DATA ($000s)
Appropriation FY 23 Request0
Year First Appropriation
Appropriation FY 24 Request0
Last FY's Cost Estimate0
Cumulative Appropriation7600
Expenditure / Encumbrances0
Unencumbered Balance7600