Page 346 - 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)
Combo Tax & Rev Certi cate of Obligation, $0 $0 $0 $0 $59,875 N/A
Series 2023
2024 Combination Tax & Revenue $0 $0 $0 $0 $94,206 N/A
Certi cates of Obligation
PAYING AGENT FEES $5,280 $4,780 $9,000 $9,000 $9,000 0%
DEPRECIATION $2,007,161 $2,059,851 $0 $0 $0 0%
DEBT PRINCIPAL $2,300,000 $2,350,000 $2,455,000 $2,455,000 $2,605,000 6.1%
Combo Tax & Rev Certi cate of Obligation, $0 $0 $0 $535,000 $545,000 N/A
Series 2017
Combo Tax & Rev Certi cate of Obligation,
Series 2019 $0 $0 $0 $165,000 $170,000 N/A
Combo Tax & Rev Certi cates of $0 $0 $0 $30,000 $30,000 N/A
Obligation, Series 2012
Combo Tax & Rev Certi cates of $0 $0 $0 $220,000 $225,000 N/A
Obligation, Series 2012A
Combo Tax & Rev Certi cates of
Obligation, Series 2015 $0 $0 $0 $790,000 $815,000 N/A
G.O. Refunding & Improvement Bonds, $0 $0 $0 $290,000 $305,000 N/A
Series 2018
G.O. Refunding & Improvement Bonds, $0 $0 $0 $115,000 $120,000 N/A
Series 2019
G.O. Refunding & Improvement Bonds, $0 $0 $0 $275,000 $280,000 N/A
Series 2020
Combo Tax & Rev Certi cate of Obligation, $0 $0 $0 $35,000 $45,000 N/A
Series 2023
2024 Combination Tax & Revenue $0 $0 $0 $0 $70,000 N/A
Certi cates of Obligation
AMORTIZATION EXPENSE $20,246 $45,538 $0 $0 $0 0%
OPERATING TRANSFERS $2,743,763 $2,743,760 $2,743,760 $2,743,760 $2,743,760 0%
Franchise Fee to the General Fund - $0 $0 $0 $1,217,270 $1,217,270 N/A
Utilities
Indirect Cost Allocation to General Fund $0 $0 $0 $948,750 $948,750 N/A
(Net of Engineering)
Payment in Lieu of Taxes to the General
Fund $0 $0 $0 $577,740 $577,740 N/A
Total Debt Ser vice & Transfers: $8 , 825, 841 $8 ,991,512 $6 ,956 ,625 $6 ,956 ,625 $8 ,690,534 24 .9%

Capital Outlay
INSTRUMENTS AND APPARATUS $430,589 $0 $0 $0 $0 0%

Total Capital Outlay: $ 430,589 $0 $0 $0 $0 0%
Total Non Depar tmental: $11, 294 ,496 $10,786 ,172 $8 ,634 ,750 $8 ,700,995 $10,439, 254 20.9%

Municipal Cour t
Personnel Ser vices
SALARIES $305,217 $317,287 $333,945 $330,755 $347,092 3.9%

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 346