Page 193 - Bedford-FY24-25 Budget

This special revenue fund was created in July 2023, by creating a new section in
the City of Bedford Zoning Ordinance entitled "Tree Preservation.” The revenue
collected under this ordinance shall be used only for purchasing and planting
trees on private property approved by the City Manager, on public property, for
Tree acquiring wooded property which shall remain in a naturalistic state in perpetuity,
Preservation for establishing a landscape or wildlife preserve or similar nature area as approved
Fund by the City Council, or for educating the public on the aesthetic and health
bene ts of conservation and environmental preservation.

As this fund was created in FY 2022-2023, and no revenue was collected until FY
2023-2024 there is only one year of history for the fund balance. There are no
expenses in this fund at this time.
Summary

City of Bedford, TX is projecting $10.46K of revenue in FY2025, which represents a 0% increase over the prior year. Budgeted
expenditures are projected to remain at $0 in FY2025.

$12 .5K

$10K

$7.5K

$5K
Ac tual Revenue Source
Budgeted Revenue Source
$2 .5K

$0
FY2022 FY2023 FY2025

Tree Preservation Fund Comprehensive Summary

Name FY2022 FY2023 FY2024 Amended FY2024 FY2025
Ac tual Ac tual Budget Projec ted Budgeted
Beginning Fund Balance: N/A N/A $0 $0 $14 , 375
Revenues
Fines & Forfeitures $0 $0 $0 $13,800 $10,000
Miscellaneous Income $0 $0 $0 $575 $460

Total Revenues: $0 $0 $0 $14 , 375 $10,460
Total Revenues Less
$0 $0 $0 $14 , 375 $10,460
Expenditures:
Ending Fund Balance: N/A N/A $0 $14 , 375 $24 , 835

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 193