Page 37 - Bedford-FY24-25 Budget

Comprehensive The following charts show an overview of the revenue and expenditures of all
Fund Overview budgeted funds.

Summary

City of Bedford, TX is projecting $96.68M of revenue in FY2025, which represents a 5.8% increase over the prior year.
Budgeted expenditures are projected to decrease by 0.8% or $810.22K to $97.57M in FY2025.

$125M

$100M

$75M

Ac tual Revenue Source
$50M
Budgeted Revenue Source
Ac tual Expenditures
$25M
Budgeted Expenditures
$0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

Comprehensive Fund Overview Comprehensive Summary

Name FY2022 FY2023 FY2024 Amended FY2024 FY2025
Ac tual Ac tual Budget Projec ted Budgeted
Beginning Fund Balance: $35, 355,087 $32 ,690,531 $37, 808 ,097 $37, 808 ,097 $38 , 214 ,043
Revenues
Property Taxes $25,389,927 $25,795,320 $28,996,430 $28,704,958 $30,054,019
Sales Taxes $15,229,131 $15,932,890 $16,827,424 $16,827,424 $17,165,152
Other Taxes $1,582,336 $1,778,645 $1,500,000 $1,602,512 $1,540,000
Franchise Fees $3,046,938 $2,904,190 $2,973,000 $2,938,706 $2,943,000
Licenses And Permits $1,199,098 $1,102,295 $853,850 $1,373,719 $1,084,890
Fines & Forfeitures $1,179,421 $1,551,159 $1,259,300 $1,505,927 $1,446,500
Charges For Services $30,743,739 $31,152,412 $31,373,336 $32,817,465 $32,977,801
Miscellaneous Income $832,354 $1,883,228 $1,159,115 $2,577,010 $1,814,605
Event Revenue $16,956 $60,672 $113,500 $63,942 $61,000
Other Governmental $1,537,490 $1,308,730 $579,700 $929,341 $564,752
Other Transfers In $12,096,815 $5,816,867 $5,765,095 $5,769,091 $7,026,779
Non-Operating Revenues $15,709 $47,910 $0 $5,613 $0
Other Financing Sources $1,405,037 $1,251,461 $0 $0 $0

Total Revenues: $94 , 274 ,951 $90,585,780 $91,400,750 $95,115,708 $96 ,678 ,498

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 37