Page 161 - Bedford-FY23-24 Budget

Fund Balance

This is a special revenue fund that has a restricted use per State guidelines. Expenses in this fund are set each year based on
the anticipated collections. If the fund collects more than anticipated, the extra amount remains in fund balance to offset
years when collections are lower than expected.

Projections
$25K

$20K

$15K

$10K

$5K

$0
FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023

Unassigned

FY2017 FY2018 FY2019 FY2020 FY2021 % Change
— — — — —
Fund Balance
Unassigned $927 $1,151 $77 $56 $1,495 %

Total Fund Balance: $927 $1,151 $77 $56 $1,495 %

City of Bedford, TX | Proposed Budget FY 2023-2024 Page 161