Page 28 - Bedford-FY22-23 Budget

the PEG fee, which goes into effect at the time of termination. The PEG fee is an additional 1% of gross revenue
and can only be spent on capital items for the local access channel as described by federal law. The PEG fee is
also required of AT&T, as well as any future cable provider that may choose to provide service in Bedford.

– This fund is used to account for deposits and expenditures related to technology
Library Technology Fund
replacements at the Library. While initial funding came from donations made during the capital campaign, an
ongoing operational transfer was approved in FY 2021-2022.
SWAT Netcast Fund – The Police Department, along with the cities of Hurst, Euless, and Grapevine, combine
resources, manpower, administrative tasks and equipment to form a regionalized SWAT team known as the
Northeast Tarrant County Area SWAT Team. This fund was created in FY 2017-2018 to account the revenues and
expenditures. Each agencies participates equally toward the cost.

Public Safety Training Fund –

Maintenance Funds
Various funds were established for speci c maintenance purposes. Monies are deposited each scal year in
order to accumulate funding for capital equipment and large, infrequently occurring maintenance projects.
These funds include:
Aquatics Maintenance Fund — This fund is used to account for deposits and expenditures related to the
maintenance of the City's aquatic facilities, currently Roy Savage Pool at Central Park.
Facility Maintenance & Repair Fund — This fund is used to account for deposits and expenditures related
to the maintenance and minor equipment of all City facilities.
Fund — This fund is used to account for deposits and expenditures related to
Equipment Replacement
the replacement of capital equipment, including trucks, cars, ambulances, construction equipment, etc.
This fund also receives a transfer from the General Fund, Water & Sewer Fund, Stormwater Fund and
Street Improvement Economic Development Corporation Fund to cover the expense of the leases for the
Enterprise Vehicle Replacement program.
Water & Sewer Vehicle Replacement Fund — This fund is used to account for deposits and expenditures
related to the replacement of capital equipment, including trucks, construction equipment, etc. for the
Water & Sewer Fund.
Fund — This fund is used to account for deposits and expenditures related to
Computer Replacement
the replacement of computers, printers, software, communications equipment, and any other items
necessary to ef ciently operate the City’s communications and technology network.
Fund — This fund is used to account for deposits and expenditures related to the
Library Maintenance
long-term maintenance of the Bedford Public Library.
— This fund is used to account for deposits and expenditures related to the
Parks Maintenance Fund
long-term maintenance of the City park system.

Capital Improvement Program Highlights
Requested Capital improvements, including major maintenance and equipment replacements can be viewed
in the Capital Improvements section. Funding sources are identi ed in the details of each project, with
unfunded used for projects that are needed, but have no approved funding source at this time. Clicking on the
project name will bring up additional detail on the request, including future costs.

Conclusion
The budget for FY 2022-2023 is a balanced plan that continues to provide public services to the residents of the
City of Bedford at the same level as prior years and provides additional tools for staff to serve the citizens of
Bedford. City staff members recognize the challenges faced by the City Council in directing the growth of the
City. Staff hopes to meet those challenges by developing ef cient programs and providing professional
customer service through the guidance of the City Council and approval of the programs re ected within this
budget.

City of Bedford, TX | Adopted Budget FY 2023 Page 28