Page 120 - Bedford-FY24-25 Budget

Library This governmental fund was established to have a pay-as-you-go maintenance fund
Maintenance for the Library. Funding is provided through an operating transfer from the General
Fund. This allows the accumulation of funds for larger maintenance efforts that
Fund cannot be absorbed in the operating budget.

Summary

City of Bedford, TX is projecting $25.71K of revenue in FY2025, which represents a 5.8% decrease over the prior year.
Budgeted expenditures are projected to remain at $0 in FY2025.

$100K

$75K

$50K
Ac tual Revenue Source
Budgeted Revenue Source
Ac tual Expenditures
$25K
Budgeted Expenditures

$0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

Library Maintenance Fund Comprehensive Summary

Name FY2022 FY2023 FY2024 Amended FY2024 FY2025
Ac tual Ac tual Budget Projec ted Budgeted
Beginning Fund Balance: $ 49,921 $75, 339 $8 ,783 $8 ,783 $34 ,669
Revenues
Miscellaneous Income $418 $3,595 $2,300 $886 $709
Other Transfers In $25,000 $25,000 $25,000 $25,000 $25,000
Total Revenues: $25,418 $28 ,595 $27, 300 $25, 886 $25,709

Expenditures
Capital Outlay $0 $95,151 $0 $0 $0

Total Expenditures: $0 $95,151 $0 $0 $0
Total Revenues Less
$25,418 -$66 ,556 $27, 300 $25, 886 $25,709
Expenditures:
Ending Fund Balance: $75, 339 $8 ,783 $36 ,083 $34 ,669 $60, 378

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 120