After the Francis Scott Key Bridge collapsed at March 27, 2024, Baltimore County constructs 10.9 miles of a new Bridge at a cost of $10 million, all of which was raised through the issuance of general obligation bonds. The new Bridge is estimated can last 50 years if the county spends $.3 million in costs per year to preserve it at a specified level of condition. Should Depreciation be reported higher under the Modified Approach vs. Traditional Approach? Yes No N/A