Page 41 - Bedford-FY24-25 Budget

Historical and Budgeted Revenue by Source

$120

$100

$80 Non-Operating Revenues
Other Financing Sources
Event Revenue
Other Governmental
Millions $60 Licenses And Permits
Fines & Forfeitures
Other Taxes
Miscellaneous Income
Franchise Fees
$40
Other Transfers In
Sales Taxes
Property Taxes
Charges For Services
$20
$0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

Name FY2022 FY2023 FY2024 Amended FY2024 FY2025 FY2024 Amended
Ac tual Ac tual Budget Projec ted Budgeted Budget vs. FY2025
Budgeted (%
Change)
Revenue Source
Property Taxes $25,389,927 $25,795,320 $28,996,430 $28,704,958 $30,054,019 3.6%
Sales Taxes $15,229,131 $15,932,890 $16,827,424 $16,827,424 $17,165,152 2%
Other Taxes $1,582,336 $1,778,645 $1,500,000 $1,602,512 $1,540,000 2.7%
Franchise Fees $3,046,938 $2,904,190 $2,973,000 $2,938,706 $2,943,000 -1%
Licenses And $1,199,098 $1,102,295 $853,850 $1,373,719 $1,084,890 27.1%
Permits
Fines & Forfeitures $1,179,421 $1,551,159 $1,259,300 $1,505,927 $1,446,500 14.9%
Charges For Services $30,743,739 $31,152,412 $31,373,336 $32,817,465 $32,977,801 5.1%
Miscellaneous $832,354 $1,883,228 $1,159,115 $2,577,010 $1,814,605 56.6%
Income
Event Revenue $16,956 $60,672 $113,500 $63,942 $61,000 -46.3%
Other Governmental $1,537,490 $1,308,730 $579,700 $929,341 $564,752 -2.6%
Other Transfers In $12,096,815 $5,816,867 $5,765,095 $5,769,091 $7,026,779 21.9%
Non-Operating $15,709 $47,910 $0 $5,613 $0 0%
Revenues
Other Financing $1,405,037 $1,251,461 $0 $0 $0 0%
Sources
Total Revenue Source: $94 , 274 ,951 $90,585,780 $91,400,750 $95,115,708 $96 ,678 ,498 5. 8%

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 41