Page 183 - Bedford-FY24-25 Budget

Water Utility This enterprise fund was established for emergency and scheduled repairs of the
Repair Fund water distribution system and the wastewater collection system. The funds are an
established operation transfer from the Water and Wastewater Divisions.

Summary

City of Bedford, TX is projecting $1.11M of revenue in FY2025, which represents a 6.9% increase over the prior year. Budgeted
expenditures are projected to decrease by 100% or $3.76M to $0 in FY2025.

$8M

$6M

$ 4M
Ac tual Revenue Source
Budgeted Revenue Source
Ac tual Expenditures
$2M
Budgeted Expenditures

$0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

Water Utility Repair Fund Comprehensive Summary

Name FY2022 FY2023 FY2024 Amended FY2024 FY2025
Ac tual Ac tual Budget Projec ted Budgeted
Beginning Fund Balance: $ 4 ,970,594 $5,697,798 $5, 321, 284 $5, 321, 284 $2 ,730,655
Revenues
Miscellaneous Income $82,194 $293,010 $150,000 $276,828 $221,462
Other Transfers In $892,000 $892,000 $892,000 $892,000 $892,000
Total Revenues: $974 ,194 $1,185,010 $1,042 ,000 $1,168 , 828 $1,113,462

Expenditures
Debt Service & Transfers $5,339,564 $0 $0 $0 $0
Capital Outlay $500,000 $1,561,523 $3,759,457 $3,759,457 $0

Total Expenditures: $5, 839,564 $1,561,523 $3,759,457 $3,759,457 $0
Total Revenues Less
-$ 4 , 865, 370 -$376 ,513 -$2 ,7 17,457 -$2 ,590,629 $1,113,462
Expenditures:
Ending Fund Balance: $105, 224 $5, 321, 284 $2 ,603, 827 $2 ,730,655 $3, 844 ,117

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 183