Page 125 - Bedford-FY24-25 Budget

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

Summary

City of Bedford, TX is projecting $27.05K of revenue in FY2025, which represents a 2.5% increase over the prior year. Budgeted
expenditures are projected to decrease by 100% or $10.75K to $0 in FY2025.

$30K

$20K

Ac tual Revenue Source
$10K Budgeted Revenue Source
Ac tual Expenditures
Budgeted Expenditures

$0
FY2021 FY2022 FY2023 FY2024 FY2025

Library Technology Fund Comprehensive Summary

Name FY2022 FY2023 FY2024 Amended FY2024 FY2025
Ac tual Ac tual Budget Projec ted Budgeted
Beginning Fund Balance: $5,583 $31,061 $32 ,440 $32 ,440 $53, 206
Revenues
Fines & Forfeitures $339 $475 $400 $314 $300
Miscellaneous Income $139 $1,352 $1,000 $2,186 $1,749
Other Transfers In $25,000 $25,000 $25,000 $25,000 $25,000

Total Revenues: $25,479 $26 , 827 $26 ,400 $27,500 $27,049

Expenditures
Capital Outlay $0 $25,448 $10,750 $6,734 $0

Total Expenditures: $0 $25,44 8 $10,750 $6 ,734 $0
Total Revenues Less
$25,479 $1, 379 $15,650 $20,766 $27,049
Expenditures:
Ending Fund Balance: $31,061 $32 ,440 $ 4 8 ,090 $53, 206 $80, 255

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 125