Page 406 - City of Bedford FY20 Approved Budget
P. 406
City of Bedford
Street Improvement Economic Development Corporation
Proposed Revenue and Expenditures
Fiscal Year Ending September 30, 2019
Projected Fund Balance October 1, 2019 $ 2,998,083
Revenue:
Sales Tax $ 2,900,000
Special Sales Tax -
Interest Income $ 45,000
Total Revenue $ 2,945,000
Required Reserve $ -
Available Funds $ 5,943,083
Expenditures
Supplies 57,100
Maintenance 773,210
Contract Services 2,526,380
Debt Service/Transfers 285,960
Contingency 60,000
Design/Engineering/Construction 580,000
Capital Outlay * 514,800
Total Expenditures $ 4,797,450
Available Funds Less Expenditures $ 1,145,633
Projected Fund Balance, September 30, 2020 $ 1,145,633
* Includes proposed capital items (dump truck replacement, street sanders replacement and
traffic signal equipment).
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