Page 218 - 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)
Revenue Source
Other Taxes
REVENUE
MIXED BEVERAGE TAX $238,371 $247,236 $250,000 $222,568 $225,000 -10%
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 REVENUE: $1,582 , 336 $1,778 ,645 $1,500,000 $1,602 ,512 $1,540,000 2 .7%
Total Other Taxes: $1,582 , 336 $1,778 ,645 $1,500,000 $1,602 ,512 $1,540,000 2 .7%

Franchise Fees
REVENUE
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- $62,989 $53,617 $58,000 $58,000 $58,000 0%
RECYCLING
FRANCHISE-CABLE $90,831 $60,495 $75,000 $70,503 $70,000 -6.7%

Total REVENUE: $3,046 ,938 $2 ,904 ,190 $2 ,973,000 $2 ,938 ,706 $2 ,943,000 -1%
Total Franchise Fees: $3,046 ,938 $2 ,904 ,190 $2 ,973,000 $2 ,938 ,706 $2 ,943,000 -1%
Total Revenue Source: $ 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 218