Page 139 - Bedford-FY24-25 Budget
P. 139
Fund Balance
The fund balance uctuates depending on the number of vehicles that are sold during the year. The proceeds from the
auction of vehicles are used to offset the one-time costs associated with out tting new vehicles and will vary annually
depending on the number of vehicles replaced.
To build the fund balance in anticipation of future equipment needs, this fund will receive a one-time transfer of $1.5M from
the General Fund in FY 2024-2025.
Projections
$2M
$1.5M
$1M
$500K
$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 $95,876 $217,758 $407,110 $459,494 $120,427 $45,867 $247,521 $1,749,891 607%
Total Fund Balance: $95, 876 $217,758 $ 407,110 $ 459,494 $120,427 $ 45, 867 $247,521 $1,749, 891 607%
City of Bedford, TX | Adopted Budget FY 2024-2025 Page 139
