Page 180 - Bedford-FY23-24 Budget

Name FY2021 Actual FY2022 Actual FY2023 Adopted Budget FY2023 Projected FY2023 Adopted Budget
vs. FY2024 Budgeted (%
Change)
Total Expense Objects: $200 $300 $600 $600 -100%

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
$1K

$750

$500

$250

$0
FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023

Unassigned

FY2020 FY2021 % Change
— —
Fund Balance
Unassigned $204 $461 126%

Total Fund Balance: $204 $ 461 126%

City of Bedford, TX | Proposed Budget FY 2023-2024 Page 180