Page 183 - City of Bedford FY22 Budget

Miscellaneous Income Summary

"739,920 -$319,357

(- 30.15% vs. prior year)

Mi scel l a n eou s In come Pr op osed a n d H i st or i ca l Bu d get vs. Act u a l
1,750k

1,500k

1,250k

1,000k

750k

500k

250k

0
FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022
Actual Budgeted Over Budget

Int e re st re v e nu e is conse rv at iv e ly e st imat e d base d on inv e st me nt of 1 0 0 % of idle cash as st at e d in t he C it y
of Be dford Inv e st me nt Policy. Du e t o int e re st rat e s | u ct u at ions, int e re st re v e nu e will be close ly monit ore d
and adju st me nt s in t he C it y ’s inv e st me nt port folio will be made accordingly in all fu nds. Base d on cu rre nt
mark e t condit ions, int e re st re v e nu e has be e n de cre ase d for t his bu dge t .

Misce llane ou s re v e nu e also inclu de s sale of su rplu s prope rt y and v ariou s t y pe s of non-re cu rring re v e nu e . The
C it y of Be dford is fort u nat e t o part icipat e in a nu mbe r of joint v e nt u re s wit h su rrou nding commu nit ie s t o
prov ide joint se rv ice s. Programs su ch as t he school re sou rce of{ ce rs and Te e n C ou rt are e x ample s of t he se
t y pe s of programs.

City of Bedford, TX | Budget Book 2022 Page 183