Page 205 - Bedford-FY24-25 Budget

Fund Balance

This is a special revenue fund that requires the approval of the Parks & Recreation Board to approve projects. Fund balance

changes are a result of the varying projects that are approved each year. The remaining fund balance at the end of FY
2023-2024 will be transferred to a liability account in the General Fund, to be used for approved park improvement
projects.

Projections
$125K

$100K

$75K

$50K

$25K

$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 $81,493 $94,739 $92,122 $101,814 $54,413 $45,060 $42,224 $0 -100%
Total Fund Balance: $81,493 $94 ,739 $92 ,122 $101, 814 $54 ,413 $ 45,060 $ 42 , 224 $0 -100%

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 205