Page 144 - Bedford-FY23-24 Budget

This governmental fund uses the $0.50 donations from the water bill to make
improvements to the park and recreation facilities. This program has funded items
such as the construction of the Bark Park, hockey rink facility, additional picnic tables,
Park
benches, new play structures, additional lighting, the City Christmas tree, exercise
Donations
equipment, Splash equipment and numerous other improvements to park and
Fund
recreation facilities. The collection of these funds continues to provide an additional
revenue source for funding improvements to the Bedford park and recreation system.
Summary

City of Bedford, TX is projecting $10.5K of revenue in FY2024, which represents a 2.9% increase over the prior year. Budgeted
expenditures are projected to increase by 0% or $0 to $25K in FY2024.

$80K

$60K

$ 40K
Ac tual Revenue Source
Budgeted Revenue Source
Ac tual Expenditures
$20K
Budgeted Expenditures

$0
FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024

Park Donations Fund Comprehensive Summary

Name FY2021 Actual FY2022 Actual FY2023 Adopted Budget FY2023 Projected
Beginning Fund Balance: $92,122 $101,814 $54,413 $54,413
Expenditures
Contractual Services $0 $6 $25,000 $20,004
Supplies $465 $57,447 $0 $2,000
Debt Service & Transfers $44 $0 $0 $0
Total Expenditures: $509 $57,454 $25,000 $22,004
Total Revenues Less Expenditures: -$509 -$57,454 -$25,000 -$22,004
Ending Fund Balance: $91,613 $44,360 $29,413 $32,409

City of Bedford, TX | Proposed Budget FY 2023-2024 Page 144