Page 201 - Bedford-FY23-24 Budget

This fund was created to account for seized funds that are ultimately awarded to the
Drug
Police Department. Expenditures are regulated by Federal and State statutes.
Enforcement
Fund

Summary
City of Bedford, TX is projecting $2.7K of revenue in FY2024, which represents a 100% increase over the prior year. Budgeted
expenditures are projected to increase by 100% or $0 to $91.25K in FY2024.

$100K

$75K

$50K

Budgeted Revenue Source
Budgeted Expenditures
$25K

$0
FY2024

Drug Enforcement Fund Comprehensive Summary

Name FY2022 Actual FY2023 Adopted Budget FY2023 Projected FY2024 Budgeted
Beginning Fund Balance: N/A $110,448 $110,448 $96,226
Revenues
Miscellaneous Income $3,038 $0 $24,204 $2,700
Other Governmental $24,088 $0 $0 $0

Total Revenues: $27,126 $0 $24,204 $2,700

Expenditures
Debt Service & Transfers $0 $0 $38,426 $91,250
Total Expenditures: $0 $0 $38,426 $91,250
Total Revenues Less Expenditures: $27,126 $0 -$14,222 -$88,550
Ending Fund Balance: N/A $110,448 $96,226 $7,676

City of Bedford, TX | Proposed Budget FY 2023-2024 Page 201