Page 192 - Bedford-FY24-25 Budget

Fund Balance

This fund is used to accumulate funding for a pay-as-you-go plan in capital replacement. Expenditures vary annually
depending on need. This can result in uctuations of the fund balance.

Projections

$300K

$250K

$200K

$150K

$100K

$50K

$0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Unassigned

In FY 2021-2022, $239,486 of the unassigned balance in this fund was moved to the Waterworks Utility Fund for accounting
and reporting purposes.

Financial Summar y FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 % Change
— — — — — — — —
Fund Balance
Unassigned $228,958 $248,436 $272,007 $261,800 $49,376 $106,297 $162,888 $218,161 33.9%

Total Fund Balance: $228 ,958 $24 8 ,436 $272 ,007 $261, 800 $ 49, 376 $106 , 297 $162 , 888 $218 ,161 33.9%

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 192