Page 14 - City of Bedford FY21 Budget

High(er) Performing Organization that delivers exceptional service to customers.
o Strategic Initiatives
 Ensure high-quality, responsive service is provided through efficient
and effective processes.
 Invest in staff and create a high performing organization.
 Set the example for regional leadership and collaboration.
 Leverage the use of technology to enhance efficiency and
productivity.

• Area 5 – Communicate & Engage with Citizens
Communities function best when supported by a committed and involved citizenry
working in tandem with a responsive and transparent local government. Bedford
engages the community in City government by providing timely and accurate
information in numerous formats about services, actions, and decisions.
o Strategic Initiatives
 Promote confidence in the expenditure of public funds by informing,
educating, and involving citizens in their local government.
 Promote understanding of city government through education and
public participation.
 Develop and implement a coordinated communication and
engagement plan that will better allow the City to share information
about its work, as well as obtain feedback from those the City serves
about community priorities and public services.

From these focus areas, staff has been developing Management Action Plans, which are
comprised of projects, process improvements, plans and other operational work, designed
to provide organizational priorities and performance that will lead to the attainment of the
five-year goals and the long-term vision.

 Fiscal Year 2020-2021 Financial and Economic Outlook

The financial plan as presented in the operating budget should be considered from the broad
perspective of the specific environment within which the City operates. The City of
Bedford is located in the center of the Dallas-Fort Worth Metroplex. The City encompasses
10.1 square miles and is 97% developed. The 2010 Census reflects a population of 46,979,
consistent with the 2020 estimated population of 49,638. The total taxable assessed value
of property within the City increased this year to $4,894,309,414. This represents an
increase of $216,313,196, or 4.62%, in taxable value compared to FY 2019-2020. New
construction values total $2,040,100.

A significant portion of the City’s general operating revenue is derived from sales tax and
efforts to maintain and grow the sales tax base are a high priority. As a policy, the City

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