Page 343 - Bedford-FY24-25 Budget

Name FY2022 FY2023 FY2024 FY2024 FY2025 FY2024
Ac tual Ac tual Amended Projec ted Budgeted Amended
Budget Budget
vs.
FY2025
Budgeted
(%
Change)

Total Customer Ser vice: $661,658 $701, 899 $664 , 322 $979, 829 $859,949 29.4%

Non Depar tmental
Personnel Ser vices
SALARIES $0 $0 $81,831 $67,260 $193,312 136.2%
SALARIES, COLA INCREASE BUDGET $0 $123,041 $170,845 $104,167 $0 -100%
Vacation Buyback $0 $0 $0 $0 $193,312 N/A
Early Retiree Insurance $0 $0 $0 $67,260 $0 0%
HOSPITALIZATION & LIFE INSURANCE $0 $0 $50,776 $0 $0 -100%
HOSPITALIZATION & LIFE INSURANCE, -$6,904 $0 $18,123 $0 $0 -100%
HEALTH INSURANCE
SALARIES $0 $0 $0 $0 $7,140 N/A
SALARIES, COLA INCREASE BUDGET $0 $5,177 $0 $5,783 $0 0%
Vacation Buyback $0 $0 $0 $0 $7,140 N/A
HOSPITALIZATION & LIFE INSURANCE $0 $0 $4,500 $0 $0 -100%
HOSPITALIZATION & LIFE INSURANCE, $80 $0 $0 $0 $0 0%
HEALTH INSURANCE
PENSION/OPEB, GASB 68 PENSION -$20,730 -$184,674 $0 $0 $0 0%
EXPENSE
PENSION/OPEB, GASB 75 OPEB EXPENSE $232 $6,979 $0 $0 $0 0%

Total Personnel Ser vices: -$27, 322 -$ 49,477 $326 ,075 $177, 210 $200,452 -38 .5%

Contrac tual Ser vices
COMMUNICATIONS $147,460 $187,116 $151,000 $199,375 $196,779 30.3%
INSURANCE $397,962 $568,516 $452,330 $603,266 $602,330 33.2%
INSURANCE, DEDUCTIBLE $2,761 $0 $0 $0 $0 0%
CONTRACTUAL SERVICES $147,394 $2,441 $0 $0 $0 0%
CONTRACT LABOR $45,247 $22,988 $21,290 $29,500 $21,537 1.2%
CONTRACT LABOR, IT-FINANCE $30,360 $8,855 $0 $20,000 $0 0%
CONTRACT LABOR, IT-OTHER $18,618 $32,340 $0 $9,955 $0 0%
Investment Advisory Services - Valley View
Consulting $0 $0 $0 $29,500 $20,000 N/A
Expert Pay $0 $0 $0 $0 $265 N/A
Optum HSA Fees $0 $0 $0 $0 $1,272 N/A
SOFTWARE $3,807 $78,295 $0 $0 $0 0%
LEGAL SERVICES $348,385 $249,945 $290,000 $280,000 $290,000 0%
City Attorney Services $0 $0 $0 $280,000 $281,250 N/A
Atmos Cities Steering Committee $0 $0 $0 $0 $2,500 N/A
Membership Assessment
Oncor Cities Steering Committee $0 $0 $0 $0 $5,500 N/A
Membership Assessment

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 343