Page 132 - Bedford-FY23-24 Budget

This governmetal fund was established to have a pay-as-you-go maintenance fund
Facilities for City facilities. Funding is provided through an operating transfer from the General
Fund. This allows the accumulation of funds for larger maintenance efforts that
Maint & Repair
cannot be absorbed in the operating budget.

Summary

City of Bedford, TX is projecting $48K of revenue in FY2024, which represents a 4.9% increase over the prior year. Budgeted
expenditures are projected to increase by 0% or $0 to $30K in FY2024.

$200K

$150K

$100K
Ac tual Revenue Source
Budgeted Revenue Source
Ac tual Expenditures
$50K
Budgeted Expenditures

$0
FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024

Facilities Maint & Repair Comprehensive Summary

Name FY2021 Actual FY2022 Actual FY2023 Adopted Budget FY2023 Projected
Beginning Fund Balance: $233,177 $212,347 $237,309 $237,309
Revenues
Miscellaneous Income $82,261 $0 $0 $0
Miscellaneous Income $82,261 $0 $0 $0

Total Revenues: $164,521 $0 $0 $0

Expenditures
Supplies $0 $0 $0 $74
Maintenance $148,589 $21,468 $30,000 $37,000
Capital Outlay $0 $0 $0 $116,200
Total Expenditures: $148,589 $21,468 $30,000 $153,274
Total Revenues Less Expenditures: $15,932 -$21,468 -$30,000 -$153,274
Ending Fund Balance: $249,109 $190,879 $207,309 $84,035

City of Bedford, TX | Proposed Budget FY 2023-2024 Page 132