Page 222 - Bedford-FY22-23 Budget

Charges for Services Summary

B30,111,560 $834,750
(2.85% vs. prior year)

Charges for Ser vices Proposed and Historical Budget vs. Actual

$35M

$30M

$25M

$20M

$15M

$10M

$5M

$0
FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023
Actual Budgeted Over Budget

Charges for services includes revenue collected for emergency medical services and recreation programs. Over the past few
years this revenue has uctuated dramatically and therefore is not considered to be a stable source of revenue for ongoing
City operations. Recreation revenue has been adjusted based on the new operational plan that contracts the operations of
the new facility to the YMCA. Revenue for ambulance services is based on historical collections and adjusted based on the
observed rate of growth.

The largest revenue source in this category ($24,899,987) comes from the water charges and sewer charges collected from
utility customers. These budget amounts are based on the current rates for these services and estimations on amount of
water sold or wastewater treated. These estimations take into account the historical amount sold and the impact of average
temperatures on the volume of water sold. Like the Water & Sewer Fund, the Stormwater Fund's largest source of revenue
comes from the fees collected for the maintenance of the stormwater system.

Charges for services in the Tourism fund include the revenue generated from events. This amount is an estimate based on
prior year revenues as the current year events occur after the completion of the budget process.

City of Bedford, TX | Adopted Budget FY 2023 Page 222