Page 100 - City of Bedford FY20 Approved Budget

CITY OF BEDFORD
SUMMARY OF REVENUE AND EXPENDITURES
GENERAL FUND
FISCAL YEAR 2019-2020

BASE SUPP. TOTAL
ACTUAL PROJECTED BUDGET FUNDING BUDGET
17-18 18-19 19-20 19-20 19-20

BEGINNING BALANCE $ 5,738,987 $ 6,987,995 $ 8,058,465 $ 8,058,465

REVENUE

PROPERTY TAX $ 13,117,540 $ 14,606,042 $ 16,267,840 $ 826,400 $ 17,094,240
SALES TAX 8,162,981 8,505,000 8,505,000 - 8,505,000

FRANCHISE TAX 3,315,192 3,173,457 2,843,000 - 2,843,000
OTHER TAXES 237,958 243,124 235,000 - 235,000

CHARGES FOR SERVICES 3,314,390 2,826,834 2,878,950 - 2,878,950
LICENSES AND PERMITS 1,004,797 1,003,656 843,750 - 843,750

INTEREST 125,955 205,764 175,000 - 175,000
FINES 1,610,508 1,324,959 1,542,500 - 1,542,500

OTHER GOVERNMENTS 242,256 338,057 349,577 - 349,577
MISCELLANEOUS REVENUE 662,644 121,559 87,400 - 87,400

OPERATING TRANSFER 2,960,634 2,974,211 3,153,177 - 3,153,177

$ 34,754,855 $ 35,322,663 $ 36,881,194 $ 826,400 $ 37,707,594
TOTAL REVENUE
EXPENDITURES
GENERAL GOVERNMENT $ 1,163,084 $ 1,183,517 $ 1,425,202 $ 16,141 $ 1,441,343
SUPPORT SERVICES 2,811,089 2,127,293 2,529,952 139,360 $ 2,669,312
DEVELOPMENT 1,021,516 1,095,935 1,676,352 11,092 $ 1,687,444
ADMINISTRATIVE SERVICES 2,875,291 2,945,029 2,798,293 80,658 $ 2,878,951

POLICE 12,697,557 12,702,943 13,219,036 314,004 $ 13,533,040

FIRE 7,967,203 8,218,770 7,889,836 416,192 $ 8,306,028

PUBLIC WORKS 749,950 1,719,679 1,937,227 2,743 $ 1,939,970

COMMUNITY SERVICES 4,220,157 4,259,027 4,457,464 198,770 $ 4,656,234
TOTAL EXPENDITURES $ 33,505,846 $ 34,252,193 $ 35,933,362 $ 1,178,960 $ 37,112,322
ENDING BALANCE $ 6,987,995 $ 8,058,465 $ 8,653,738

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