Page 28 - Bedford-FY24-25 Budget

Capital Improvement Program Highlights
Requested Capital improvements, including major maintenance and equipment replacements can be viewed
in the Capital Improvements section. Funding sources are identi ed in the details of each project, with
unfunded used for projects that are needed, but have no approved funding source at this time. Clicking on the
project name will bring up additional detail on the request, including future costs. The City issued $22 million in
debt in August of 2024 to provide funding for a central re station, renovations to re stations 2 & 3, a new
senior citizen center, new radios, streets, and water/wastewater projects.

Changes between the Proposed & Adopted Budget
During the discussions on the proposed budget, the City Council requested one change prior to adoption. The
budget for the new Christmas tree and decorations at Generations Park was moved from the General Fund to
the Tourism Development Fund. All other budget recommendations by the City Manager in the proposed
budget remained as presented.

Conclusion
The budget for FY 2024-2025 is a balanced plan that continues to provide public services to the residents of the
City of Bedford at the same level as prior years and provides additional tools for staff to serve the citizens of
Bedford. City staff members recognize the challenges faced by the City Council in directing the growth of the
City. Staff hopes to meet those challenges by developing ef cient programs and providing professional
customer service through the guidance of the City Council and approval of the programs re ected within this
budget.

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 28