Page 126 - Bedford-FY23-24 Budget

This governmental fund was established to have a pay-as-you-go technology
Library
replacement fund for the Library. Funding is provided through an operating transfer
from the General Fund. This allows the accumulation of funds for larger technology
Technology
replacements that cannot be absorbed in the operating budget.
Fund

Summary
City of Bedford, TX is projecting $26.4K of revenue in FY2024, which represents a 3.9% increase over the prior year. Budgeted
expenditures are projected to decrease by 59.7% or $15.93K to $10.75K in FY2024.

$30K

$25K

$20K

$15K
Ac tual Revenue Source
$10K Budgeted Revenue Source
Ac tual Expenditures
Budgeted Expenditures
$5K

$0
FY2022 FY2023 FY2024

Library Technology Fund Comprehensive Summary

Name FY2021 Actual FY2022 Actual FY2023 Adopted Budget FY2023 Projected
Beginning Fund Balance: N/A N/A $31,061 $31,061
Expenditures
Capital Outlay $0 $0 $26,680 $26,680

Total Expenditures: $0 $0 $26,680 $26,680
Total Revenues Less Expenditures: $0 $0 -$26,680 -$26,680
Ending Fund Balance: N/A N/A $4,381 $4,381

City of Bedford, TX | Proposed Budget FY 2023-2024 Page 126