Page 104 - Bedford-FY24-25 Budget

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N a m e F FY2022 2 F Y 2 0 2 3 FY2024 Amended FY2024 FY2025 5 FY2024 Amended
FY2023
Projec ted
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Ac tual l A c t u a l B u d g e t P r o j e c t e d Budgeted B u d g e t v s . F Y 2 0 2 5
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Budget
Ac tual
Budget vs. FY2025
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B u d g e t e d ( % C h a n g e )
Budgeted (% Change)
Expense Objects
Contractual $0 $46,104 $45,420 $46,084 $45,420 0%
Services
Supplies $30,528 $14,625 $21,800 $7,980 $22,100 1.4%
Maintenance $840 $147 $0 $17,000 $13,220 N/A
Capital Outlay $458,489 $48,393 $253,400 $4,000 $0 -100%
Total Expense
$ 4 89, 857 $109, 269 $320,620 $75,064 $80,740 -74 . 8%
Objec ts:
Fund Balance
As a special revenue fund, the use of these funds is restricted by state statute and federal law. Fund balance changes are
based on approved expenditures for allowable expenses and uctuate annually.
Projections
$1. 25M
$1M
$750K
$500K
$250K
$0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Unassigned
Financial Summar y FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 % Change
— — — — — — — —
Fund Balance
Unassigned $725,047 $844,578 $919,030 $970,982 $575,152 $547,595 $572,592 $585,498 2.3%
Total Fund Balance: $725,047 $844 ,578 $919,030 $970,982 $575,152 $547,595 $572 ,592 $585,498 2 . 3%
City of Bedford, TX | Adopted Budget FY 2024-2025 Page 104