Page 149 - Bedford-FY24-25 Budget

Fund Balance

This is a special revenue fund that has a restricted use per State guidelines. Expenses in this fund are set each year based on
the anticipated collections. If the fund collects more than anticipated, the extra amount remains in fund balance to offset
years when collections are lower than expected.

Projections
$ 40K

$30K

$20K

$10K

$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 $1,151 $77 $56 $1,495 $12,610 $24,608 $33,293 $33,293 0%

Total Fund Balance: $1,151 $77 $56 $1,495 $12 ,610 $24 ,608 $33, 293 $33, 293 0%

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 149