Page 352 - Bedford-FY23-24 Budget

Name FY2021 FY2022 FY2023 Adopted FY2023 FY2023 Adopted
Actual Actual Budget Projected Budget vs.
FY2024
Budgeted (%
Change)
General Fund
Personnel Services
SALARIES $492,452 $583,219 $642,300 $612,751 -100%
SALARIES INCENTIVE PAY $1,471 $3,109 $3,900 $7,913 -100%
SALARIES CELL PHONE ALLOWANCE $373 $852 $600 $925 -100%
LONGEVITY $2,170 $1,938 $1,710 $0 -100%
OVERTIME $5,259 $688 $1,000 $957 -100%
HOSPITALIZATION & LIFE INSURANCE LIFE $704 $801 $1,260 $910 -100%
INSURANCE
HOSPITALIZATION & LIFE INSURANCE DENTAL $1,962 $1,639 $1,850 $2,420 -100%
INSURANCE
HOSPITALIZATION & LIFE INSURANCE HEALTH $47,825 $35,524 $48,710 $69,711 -100%
INSURANCE
HOSPITALIZATION & LIFE INSURANCE HSA $5,281 $554 $1,500 $2,081 -100%
EXPENSE
HOSPITALIZATION & LIFE INSURANCE $2,310 $1,546 $800 $692 -100%
EMPLOYEE CLINIC
PENSION/OPEB TMRS $73,862 $97,829 $109,230 $105,164 -100%
PHYSICALS $192 $192 $0 $96 0%
WORKER'S COMPENSATION INSURANCE $604 $448 $670 $717 -100%
UNEMPLOYMENT INSURANCE $1,804 $397 $1,160 $79 -100%
MEDICARE $7,099 $8,550 $9,390 $8,695 -100%
DISABILITY INSURANCE $927 $1,082 $1,170 $1,219 -100%
BACKGROUND CHECK $108 $128 $0 $64 0%
RETIREE HEALTH SAVINGS $0 $2,000 $1,500 $1,000 -100%
RETIREE HEALTH-GASB $2,985 $0 $0 $0 0%
SALARIES COLA INCREASE BUDGET $0 $0 $117,330 $123,041 -100%
HOSPITALIZATION & LIFE INSURANCE HEALTH $56,834 -$6,904 $0 $0 0%
INSURANCE
SALARIES $298,596 $305,217 $319,220 $309,604 -100%
SALARIES INCENTIVE PAY $4,578 $4,921 $4,800 $4,600 -100%
SALARIES CELL PHONE ALLOWANCE $0 $0 $0 $375 0%
LONGEVITY $4,195 $4,390 $4,390 $0 -100%
OVERTIME $1,308 $851 $1,300 $230 -100%
HOSPITALIZATION & LIFE INSURANCE LIFE $420 $510 $690 $534 -100%
INSURANCE
HOSPITALIZATION & LIFE INSURANCE DENTAL $2,278 $1,900 $1,980 $2,501 -100%
INSURANCE
HOSPITALIZATION & LIFE INSURANCE HEALTH $29,938 $30,431 $32,380 $30,618 -100%
INSURANCE
HOSPITALIZATION & LIFE INSURANCE HSA $7,439 $357 $5,000 $5,000 -100%
EXPENSE
HOSPITALIZATION & LIFE INSURANCE $1,395 $1,110 $1,100 $1,164 -100%
EMPLOYEE CLINIC
PENSION/OPEB TMRS $43,675 $53,177 $54,860 $53,170 -100%

City of Bedford, TX | Proposed Budget FY 2023-2024 Page 352