Page 84 - Bedford-FY22-23 Budget

Revenues by Source
The primary funding source for this fund is sales tax. Based on the annual collections for the prior scal year, the revenue
budget has been increased to correspond with the increase in overall revenue collections from the prior scal year.
Additional funding comes from the interest income on the fund. This has been decreased for the coming scal year due to
the current market conditions.

Budgeted and Historical 2023 Revenues by Source

$5

$4

$3
s
n
o
i
l
l
i Other Governmental
M
Other Transfers In
Miscellaneous Income
$2
Sales Taxes
$1
$0
FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023

Name FY2020 FY2021 FY2022 Projected FY2022 Adopted FY2023 Adopted FY2022 Adopted
Actual Actual Actual Budget Budget Budget vs. FY2023
Adopted Budget
(% Change)
Revenue Source
Sales Taxes $2,993,879 $3,366,104 $3,781,893 $3,300,000 $3,895,350 18%
Miscellaneous $68,349 $10,387 $13,771 $10,000 $10,000 0%
Income
Other $0 $100,000 $139,000 $0 $0 0%
Governmental

Total Revenue
$3,062,228 $3,476,491 $3,934,664 $3,310,000 $3,905,350 18%
Source:

City of Bedford, TX | Adopted Budget FY 2023 Page 84