Page 109 - Bedford-FY23-24 Budget

Name FY2021 Actual FY2022 Actual FY2023 Adopted Budget FY2023 Projected FY2023 Adopted Budget
vs. FY2024 Budgeted (%
Change)
Supplies $840 $0 $0 $0 0%
Maintenance $20,489 $13,179 $0 $41,000 0%
Capital Outlay $0 $10,726 $115,000 $46,585 -100%

Total Expense Objects: $21,329 $26,759 $115,000 $87,585 -100%

Fund Balance

This is a maintenance fund used to accumulate funding for a pay-as-you go plan in capital replacement. Expenditures
vary annually depending on capital needs. This can result in uctuations of the fund balance.

Projections

$300K

$250K

$200K

$150K

$100K

$50K

$0
FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023
Unassigned

FY2017 FY2018 FY2019 FY2020 % Change
— — — —
Fund Balance
Unassigned $107,483 $159,628 $172,811 $208,527 20.7%

Total Fund Balance: $107,4 83 $159,628 $172 , 811 $208 ,527 20.7%

City of Bedford, TX | Proposed Budget FY 2023-2024 Page 109