Page 105 - Bedford-FY24-25 Budget

Parks This governmental fund was established to have a pay-as-you-go maintenance fund
Maintenance for the Parks in Bedford. This allows the accumulation of funds for larger
maintenance efforts that cannot be absorbed in the operating budget such as
Fund playgrounds, water fountains, shade restructures, fencing and lighting.

Summary

City of Bedford, TX is projecting $59.44K of revenue in FY2025, which represents a 5.2% increase over the prior year.
Budgeted expenditures are projected to decrease by 61.5% or $80K to $50K in FY2025.

$150K

$125K

$100K

$75K
Ac tual Revenue Source
$50K Budgeted Revenue Source
Ac tual Expenditures
Budgeted Expenditures
$25K
$0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

Parks Maintenance Fund Comprehensive Summary

Name FY2022 FY2023 FY2024 Amended FY2024 FY2025
Ac tual Ac tual Budget Projec ted Budgeted
Beginning Fund Balance: $237,768 $262 ,645 $246 , 807 $246 , 807 $178 ,604
Revenues
Miscellaneous Income $1,635 $10,239 $6,500 $11,797 $9,438
Other Transfers In $50,000 $50,000 $50,000 $50,000 $50,000

Total Revenues: $51,635 $60, 239 $56 ,500 $61,797 $59,438

Expenditures
Contractual Services $2,854 $0 $0 $0 $0
Maintenance $13,179 $18,966 $0 $0 $0
Capital Outlay $10,726 $57,110 $130,000 $130,000 $50,000

Total Expenditures: $26 ,759 $76 ,077 $130,000 $130,000 $50,000
Total Revenues Less
$24 , 876 -$15, 838 -$73,500 -$68 , 203 $9,438
Expenditures:
Ending Fund Balance: $262 ,645 $246 , 807 $173, 307 $178 ,604 $188 ,042

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 105