Page 416 - 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)
General Obligation Refunding Bonds, $0 $0 $0 $195,000 $200,000 N/A
Series 2020
General Obligation Refunding & $0 $0 $0 $160,000 $170,000 N/A
Improvement Bonds, Series 2018
AMORTIZATION EXPENSE $0 $297 $0 $0 $0 0%
OPERATING TRANSFERS $374,857 $391,325 $380,565 $380,565 $379,430 -0.3%
Engineering Cost Allocation to $0 $0 $0 $74,435 $74,435 N/A
Water/Sewer Fund
Enterprise Replacement Program $0 $0 $0 $16,480 $15,345 N/A
Franchise Fee $0 $0 $0 $87,540 $87,540 N/A
Indirect Cost Allocation for General $0 $0 $0 $126,360 $126,360 N/A
Administrative Overhead
Payment in lieu or Taxes $0 $0 $0 $75,750 $75,750 N/A

Total Debt Ser vice & Transfers: $1,972 ,677 $1,963, 327 $1,643,469 $1,583,469 $1,587,754 -3.4%

COVID & Misc
COVID-19, Payroll Expenses $1,308 $0 $0 $0 $0 0%

Total COVID & Misc : $1, 308 $0 $0 $0 $0 0%

Capital Outlay
MOTOR VEHICLES $72,860 $90,055 $0 $0 $0 0%
DESIGN / ENGINEERING $111,487 $219,028 $30,000 $148,006 $30,000 0%
Engineering Design $0 $0 $0 $0 $30,000 N/A
Design for CDBG - 49th Year $0 $0 $0 $117,690 $0 0%
Design for Bedford Road and Gregory $0 $0 $0 $21,700 $0 0%
Court
Design for Deuce Drive $0 $0 $0 $8,616 $0 0%
CONSTRUCTION $0 $0 $3,841,000 $1,208,050 $2,800,000 -27.1%
Gregory Addition $0 $0 $0 $0 $2,800,000 N/A
CDBG Phyllis Street $0 $0 $0 $576,307 $0 0%
Deuce Drive Reconstruction $0 $0 $0 $631,743 $0 0%
IMPROVEMENTS OTHER THAN BUILDINGS $20,000 $33,600 $20,000 $0 $20,000 0%
Pedestrian crossing warning system $0 $0 $0 $0 $20,000 N/A
MACHINERY $0 $0 $70,442 $70,442 $0 -100%
Vacuum Trailer - Equipment $0 $0 $0 $70,442 $0 0%
Total Capital Outlay: $204 , 347 $342 ,683 $3,961,442 $1,426 ,498 $2 , 850,000 -28 .1%
Total Administration: $5,663,412 $6 ,423,505 $10,027,047 $7, 261, 330 $8 , 332 , 240 -16 .9%

Public Works Administration
Personnel Ser vices
SALARIES $395,041 $301,874 $402,963 $323,204 $286,777 -28.8%

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 416