Page 2 - Bedford-FY24-25 Budget

TABLE OF CONTENTS

Introduction 4
Required Legal Statement 5
Transmittal Letter 6
Principal Officials 7
History of City 8
Demographics 9
Organization Chart 13
Fund Structure 14
Basis of Budgeting 16
Financial Policies 17
Budget Process 18
Distinguished Budget Presentation Award 21
Budget Overview 22
Executive Overview 23
Truth in Taxation 29
Strategic Plan 30
Long Range Planning 32
Personnel Summary 34
Fund Summaries 36
Comprehensive Fund Overview 37
General Fund 50
Tourism Development Fund 57
Waterworks Utility Fund 64
Stormwater Utility Fund 71
Interest & Sinking Fund (Debt Service) 77
Tax Increment Financing (TIF) Fund 82
SIEDC - 4B Street Improvement Fund 86
Economic Development Fund 93
Public Educational Governmental (PEG) Fund 99
Parks Maintenance Fund 105
Computer Replacement Fund 110
Aquatics Maintenance Fund 115
Library Maintenance Fund 120
Library Technology Fund 125
Facilities Maintenance & Repair Fund 130
Equipment Replacement Fund 135
Beautification Fund 140
Court Security Fund 145
Truancy Prevention Fund 150
Court Technology Fund 155
Municipal Jury Fund 161
SWAT - NETCAST Fund 166
Public Safety Training Fund 172
Drug Enforcement Fund 178
Water Utility Repair Fund 183
Water Fund - Vehicle Replacement 188
Tree Preservation Fund 193

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 2