Page 359 - Bedford-FY23-24 Budget

Name FY2021 FY2022 FY2023 Adopted FY2023 FY2023 Adopted
Actual Actual Budget Projected Budget vs.
FY2024
Budgeted (%
Change)
Arbitrage Compliance Specialist - Arbitrage $0 $0 $0 $26,927 0%
Services
SOFTWARE $19,011 $362 $19,050 $17,000 -100%
Microsoft Enterprise Agreement $0 $0 $0 $17,000 0%
BANK FEES $172,834 $197,438 $195,500 $139,289 -100%
Bank Analysis Fees $0 $0 $0 $139,289 0%
COPY MACHINES $17,603 $5,857 $16,000 $22,363 -100%
Total Contractual Services: $298,095 $322,640 $351,350 $370,624 -100%

Supplies
OFFICE $6,340 $3,013 $7,000 $3,000 -100%
Office Supplies $0 $0 $0 $3,000 0%
MINOR APPARATUS $0 $0 $0 $300 0%
POSTAGE $73,512 $76,466 $74,800 $81,200 -100%
Water Bill Postage $0 $0 $0 $79,200 0%
Mail Room Postage $0 $0 $0 $2,000 0%
PROMOTIONAL AND EDUCATIONAL $0 $0 $350 $0 -100%

Total Supplies: $79,853 $79,479 $82,150 $84,500 -100%

Maintenance
MAINTENANCE BUILDINGS $12,936 $0 $0 $0 0%
Maintenance Hardware and Software $0 $0 $0 $20,770 0%
Tyler Technologies (20%) Software $0 $0 $0 $18,020 0%
Maintenance Agreement
MAINTENANCE EQUIPMENT $1,500 $2,280 $2,000 $600 -100%
Shredder Maintenance $0 $0 $0 $600 0%
MAINTENANCE HARDWARE AND SOFTWARE $18,876 $19,772 $20,770 $25,820 -100%
TRUNK RADIOS $13,901 $21,535 $24,070 $24,070 -100%
Fort Worth System Maintenance $0 $0 $0 $24,070 0%

Total Maintenance: $47,212 $43,586 $46,840 $71,260 -100%

Debt Service & Transfers
OPERATING TRANSFERS $142,000 $142,000 $142,000 $142,000 -100%
Funding for Future Meter Replacement $0 $0 $0 $142,000 0%
BAD DEBTS $34,637 $52,667 $0 $0 0%
INTEREST EXPENSE $39,679 $1,493,171 $1,448,630 $1,448,630 -100%
Combo Tax & Rev Certificate of Obligation, $0 $0 $0 $1,448,630 0%
Series 2012
PAYING AGENT FEES $5,280 $5,280 $9,000 $4,280 -100%
DEPRECIATION $0 $2,007,161 $0 $0 0%
DEBT PRINCIPAL $0 $2,300,000 $2,350,000 $2,350,000 -100%
Combo Tax & Rev Certificate of Obligation, $0 $0 $0 $2,350,000 0%
Series 2017

City of Bedford, TX | Proposed Budget FY 2023-2024 Page 359