Page 216 - Bedford-FY24-25 Budget

Name FY2022 FY2023 FY2024 Amended FY2024 FY2025 FY2024 Amended
Ac tual Ac tual Budget Projec ted Budgeted Budget vs. FY2025
Budgeted (%
Change)
General Fund
Other Taxes
MIXED BEVERAGE TAX $238,371 $247,236 $250,000 $222,568 $225,000 -10%
Total Other Taxes: $238 , 37 1 $247, 236 $250,000 $222 ,568 $225,000 -10%

Franchise Fees
FRANCHISE-GAS $471,118 $465,937 $430,000 $443,765 $445,000 3.5%
FRANCHISE-
TELEPHONE $97,949 $64,848 $110,000 $79,090 $80,000 -27.3%
FRANCHISE- $1,637,572 $1,573,752 $1,600,000 $1,603,471 $1,605,000 0.3%
ELECTRICITY
FRANCHISE-TRASH $411,593 $407,794 $400,000 $420,000 $420,000 5%
FRANCHISE-CABLE $274,887 $277,748 $300,000 $263,877 $265,000 -11.7%
FRANCHISE-RECYCLING $62,989 $53,617 $58,000 $58,000 $58,000 0%

Total Franchise Fees: $2 ,956 ,107 $2 , 843,695 $2 , 898 ,000 $2 , 868 , 203 $2 , 873,000 -0.9%
Total General Fund: $3,194 ,478 $3,090,932 $3,14 8 ,000 $3,090,77 1 $3,098 ,000 -1.6%

Public Educ Gov t Fund
Franchise Fees
FRANCHISE-CABLE $90,831 $60,495 $75,000 $70,503 $70,000 -6.7%

Total Franchise Fees: $90, 831 $60,495 $75,000 $70,503 $70,000 -6 .7%
Total Public Educ Gov t Fund: $90, 831 $60,495 $75,000 $70,503 $70,000 -6 .7%

Tourism Development Fund
Other Taxes
HOTEL/MOTEL $1,343,965 $1,531,240 $1,250,000 $1,363,040 $1,300,000 4%
OCCUPANCY TAX
SHORT-TERM RENTAL $0 $169 $0 $16,904 $15,000 N/A
TAX

Total Other Taxes: $1, 343,965 $1,531,409 $1, 250,000 $1, 379,944 $1, 315,000 5. 2 %
Total Tourism Development
$1, 343,965 $1,531,409 $1, 250,000 $1, 379,944 $1, 315,000 5. 2 %
Fund:
Total: $ 4 ,629, 274 $ 4 ,682 , 835 $ 4 ,473,000 $ 4 ,541, 218 $ 4 ,4 83,000 0. 2 %

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 216