Page 84 - City of Bedford FY20 Approved Budget
P. 84
Total Revenue by Function
$77,157,545
Misc
Revenue Operating
Fines 3.39% Transfers
2.13% 6.92%
Charges for
Service Property Tax
35.71% 31.85%
Sales Tax
14.78%
Other Taxes
1.47%
Franchise
Tax
3.75%
Property Taxes make up 31.85% of the total budgeted revenue for the City of
Bedford and account for 45.33% of the General Fund. Sales Taxes account for
14.78% of the total budgeted revenue and account for 22.56% of the General Fund.
The largest non-tax source of City revenue comes from charges for services which
accounts for 35.71% of the total revenue. Charges for Services include items such as
rents, water charges, recreational classes, aquatics, and jail fees just to name a few.
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