Page 130 - Bedford-FY24-25 Budget

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

Summary

City of Bedford, TX is projecting $50.52K of revenue in FY2025, which represents a 5.3% increase over the prior year. Budgeted
expenditures are projected to decrease by 6.3% or $2.03K to $30K in FY2025.

$200K

$150K

$100K
Ac tual Revenue Source
Budgeted Revenue Source
Ac tual Expenditures
$50K
Budgeted Expenditures

$0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

Facilities Maintenance & Repair Fund Comprehensive Summary

Name FY2022 FY2023 FY2024 Amended FY2024 FY2025
Ac tual Ac tual Budget Projec ted Budgeted
Beginning Fund Balance: $212 , 347 $237, 309 $118 , 822 $118 , 822 $138 ,696
Revenues
Miscellaneous Income $1,430 $5,242 $3,000 $6,904 $5,523
Other Transfers In $45,000 $45,000 $45,000 $45,000 $45,000
Total Revenues: $ 46 ,430 $50, 242 $ 4 8 ,000 $51,904 $50,523

Expenditures
Supplies $0 $73 $0 $0 $0
Maintenance $21,468 $52,457 $32,030 $32,030 $30,000
Capital Outlay $0 $116,199 $0 $0 $0

Total Expenditures: $21,468 $168 ,729 $32 ,030 $32 ,030 $30,000
Total Revenues Less
$24 ,962 -$118 ,4 87 $15,970 $19, 874 $20,523
Expenditures:
Ending Fund Balance: $237, 309 $118 , 822 $134 ,792 $138 ,696 $159, 219

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 130