Page 74 - Bedford-FY22-23 Budget

This governmental fund is used to account for the accumulation of
Interest & resources for the payment of general long-term debt principal, interest,
and related costs from the taxes levied by the City. Bonds used by a
Sinking Fund
government to nance major construction projects, to be paid by tax levies
(Debt Service
over a period of years, require a debt service fund to account for their
Fund)
repayment.

Summary

City of Bedford, TX is projecting $6.71M of revenue in FY2023, which represents a 14.4% decrease over the prior year.
Budgeted expenditures are projected to decrease by 7% or $505.02K to $6.66M in FY2023.

$10M

$8M

$6M
Ac tual Revenue Source
Budgeted Revenue Source
$ 4M
Over Budget Revenue Source
Ac tual Expenditures
$2M
Budgeted Expenditures
Over Budget Expenditures
$0
FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023

City of Bedford, TX | Adopted Budget FY 2023 Page 74