Page 457 - 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)

Debt Ser vice & Transfers
INTEREST EXPENSE $0 $51 $0 $0 $0 0%
INTEREST EXPENSE, LEASE PYMT $120 $97 $0 $0 $0 0%
OPERATING TRANSFERS $122,833 $122,833 $297,830 $297,830 $297,830 0%

Total Debt Ser vice & Transfers: $122 ,953 $122 ,981 $297, 830 $297, 830 $297, 830 0%

COVID & Misc
COVID-19, Payroll Expenses $3,569 $0 $0 $0 $0 0%
Total COVID & Misc : $3,569 $0 $0 $0 $0 0%

Utilities
ELECTRICITY $3,396 $0 $0 $0 $0 0%

Total Utilities: $3, 396 $0 $0 $0 $0 0%

Capital Outlay
INSTRUMENTS AND APPARATUS $13,456 $0 $0 $0 $260,000 N/A
Barricades for Police and Community Events $0 $0 $0 $0 $100,000 N/A
- Tourism Fund
Christmas Tree - Generations Park $0 $0 $0 $0 $60,000 N/A
Christmas Decorations - Generations Park $0 $0 $0 $0 $100,000 N/A
IMPROVEMENTS OTHER THAN BUILDINGS $0 $0 $0 $507 $0 0%

Total Capital Outlay: $13,456 $0 $0 $507 $260,000 N/A
Total Administration: $531, 214 $ 491,442 $ 437,110 $379,513 $662 ,179 51.5%

Parks
Personnel Ser vices
SALARIES $719,505 $898,135 $1,045,089 $1,000,011 $1,066,191 2%
SALARIES, AUTO ALLOWANCE $0 $3,600 $4,800 $4,800 $4,800 0%
SALARIES, INCENTIVE PAY $6,892 $8,081 $9,300 $9,875 $9,600 3.2%
SALARIES, CELL PHONE ALLOWANCE $0 $50 $0 $600 $600 N/A
LONGEVITY $12,753 $754 $10,995 $11,855 $10,705 -2.6%
OVERTIME $14,748 $25,403 $13,000 $21,896 $13,390 3%
HOSPITALIZATION & LIFE INSURANCE, LIFE $1,207 $1,474 $2,186 $1,613 $2,271 3.9%
INSURANCE
HOSPITALIZATION & LIFE INSURANCE, DENTAL $6,953 $8,873 $10,544 $9,685 $11,355 7.7%
INSURANCE
HOSPITALIZATION & LIFE INSURANCE, HEALTH $120,859 $151,885 $184,719 $171,249 $175,316 -5.1%
INSURANCE
HOSPITALIZATION & LIFE INSURANCE, HSA $6,536 $14,500 $13,500 $11,750 $10,000 -25.9%
EXPENSE

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 457