Page 59 - City of Bedford FY22 Budget

Fund Balance

D ue t o t he CO V ID -19 Pandem i c, t he Ci t y o f B edf o r d has no t hel d t hei r t radi t i o nal ev ent s dur i ng t he pas t t wo { s cal y ear s . As
t he r ev enue s o ur ce has a r es t r i ct ed us e, t he f und bal ance has i ncr eas ed s i g ni { cant l y dur i ng t hi s per i o d o f l o w expendi t ur es .

Fu n d Ba l a n ce Pr oj ect i on s

$1M

$8 00K

$600K

$400K

$2 00K

$0
F Y 2 016 F Y 2 017 F Y 2 018 F Y 2 019 F Y 2 02 0 F Y 2 02 1
Unassigned

FY 2 0 17 FY 2 0 18 FY 2 0 19 FY 2 0 2 0 % C hange
Fund Balanc e Ac t ual Ac t ual Ac t ual Ac t ual
Un a ssi gn e d $67 5, 31 2 $54 3, 4 4 5 $1 4 2, 7 60 $4 69, 1 59 228. 6%
To t al Fund Balanc e: $675 ,3 12 $5 43 ,445 $142 ,760 $469,15 9 2 2 8 .6%

City of Bedford, TX | Budget Book 2022 Page 59