Page 93 - Bedford-FY22-23 Budget
P. 93
Fund Balance
The Economic Development Fund received several additional transfers from the SIEDC Fund and Utility Repair &
Maintenance Fund to assist with funding for a Council approved Economic Development Agreement in FY 22. Expenditures
are only authorized for Council approved agreements, resulting in fund balance growth during years when no agreements
are active.
Projections
$1.5M
$1. 25M
$1M
$750K
$500K
$250K
$0
FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022
Unassigned
FY2016 FY2017 FY2018 FY2019 FY2020 % Change
— — — — —
Fund Balance
Unassigned $328,560 $331,704 $337,022 $367,205 $812,554 121.3%
Total Fund Balance: $328 ,560 $331,704 $337,022 $367, 205 $812 ,554 121. 3%
City of Bedford, TX | Adopted Budget FY 2023 Page 93
