Page 110 - Bedford-FY23-24 Budget

This governmental fund was established to have a pay-as-you-go fund for computer
Computer
and server replacement. Funding is provided through an operating transfer from the
General Fund. This allows the accumulation of funds for larger capital purchases that
Replacement
cannot be absorbed in the operating budget.
Fund

Summary
City of Bedford, TX is projecting $67.8K of revenue in FY2024, which represents a 11.6% increase over the prior year. Budgeted
expenditures are projected to increase by 150% or $30K to $50K in FY2024.

$100K

$75K

$50K
Ac tual Revenue Source
Budgeted Revenue Source
Ac tual Expenditures
$25K
Budgeted Expenditures

$0
FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024

Computer Replacement Fund Comprehensive Summary

Name FY2021 Actual FY2022 Actual FY2023 Adopted Budget FY2023 Projected
Beginning Fund Balance: $213,622 $274,249 $300,070 $300,070
Expenditures
Supplies $0 $7,223 $20,000 $0
Maintenance $0 $19,100 $0 $0
Capital Outlay $0 $9,745 $0 $230,000

Total Expenditures: $0 $36,068 $20,000 $230,000
Total Revenues Less Expenditures: $0 -$36,068 -$20,000 -$230,000
Ending Fund Balance: $213,622 $238,182 $280,070 $70,070

City of Bedford, TX | Proposed Budget FY 2023-2024 Page 110