Page 84 - City of Bedford FY21 Budget
P. 84

Total Revenue by Function






                                            $79,276,423





                                                            Misc
                                                         Revenue             Operating
                                          Fines            3.38%              Transfers
                                          1.89%                                  7.12%












                               Charges for
                                  Service                                    Property Tax
                                  35.86%                                          31.93%












                                                              Sales Tax
                                                               14.39%


                   Other Taxes

                        1.56%
                                          Franchise
                                              Tax
                                            3.86%



                 Property Taxes make up 31.93% of the total budgeted revenue for the City of
                 Bedford and account for 47.2% of the General Fund. Sales Taxes account for
                 14.39% of the total budgeted revenue and account for 22.3% of the General Fund.
                 The largest non-tax source of City revenue comes from charges for services which
                 accounts for 35.86% 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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