Page 234 - Bedford-FY24-25 Budget
P. 234
Miscellaneous Income Summary
A2,379,357 $698,542
(41.56% vs. prior year)
Miscellaneous Income Historical Actual vs. Budget
4M
3M
2M
1M
0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Actual Budgeted
Interest revenue is conservatively estimated based on investment of 100% of idle cash as stated in the City of
Bedford Investment Policy. Due to interest rates uctuations, interest revenue will be closely monitored and
adjustments in the City’s investment portfolio will be made accordingly in all funds. Based on current
market conditions, interest revenue has been increased to re ect the current collections and investment
plan.
Miscellaneous revenue also includes sale of surplus property and various types of non-recurring revenue. The
City of Bedford is fortunate to participate in a number of joint ventures with surrounding communities to
provide joint services. Programs such as the School Resource Of cers and Teen Court are examples of these
types of programs.
City of Bedford, TX | Adopted Budget FY 2024-2025 Page 234
