Page 219 - Bedford-FY24-25 Budget

Charges for Services Summary

A33,038,801 $1,551,965
(4.93% vs. prior year)

Charges for Ser vices Historical Actual vs. Budget
40M

30M

20M

10M

0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Actual Budgeted

Charges for services includes revenue collected for emergency medical services and recreation programs. Over the past few
years this revenue has uctuated dramatically and therefore is not considered to be a stable source of revenue for ongoing
City operations. Recreation revenue has been adjusted based on the new operational plan that contracts the operations of
the new facility to the YMCA. Revenue for ambulance services is based on historical collections and adjusted based on the
observed rate of growth.

The largest revenue source in this category ($28,587,861) comes from the water charges and sewer charges collected from
utility customers. These budget amounts are based on the recommended increased rates for these services and
estimations on amount of water sold or wastewater treated. These estimations take into account the historical amount sold
and the impact of average temperatures on the volume of water sold. Like the Waterworks Utility Fund, the Stormwater
Fund's largest source of revenue comes from the fees collected for the maintenance of the stormwater system.

Charges for services in the Tourism fund include the revenue generated from events. This amount is an estimate based on
prior year revenues as the current year events occur after the completion of the budget process.

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 219