Page 52 - Bedford-FY24-25 Budget

Historical and Budgeted Revenue by Source

50

40

30
Millions

20

10

0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

Event Revenue Non-Operating Revenues Other Financing Sources
Other Taxes Other Governmental Miscellaneous Income
Licenses And Permits Fines & Forfeitures Charges For Services
Franchise Fees Other Transfers In Sales Taxes
Property Taxes

Grey background indicates budgeted figures.

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 $17,789,765 $19,908,443 $20,925,810 $20,752,638 $21,789,504 4.1%
Sales Taxes $11,398,992 $11,957,598 $12,605,818 $12,605,818 $12,859,114 2%
Other Taxes $238,371 $247,236 $250,000 $222,568 $225,000 -10%
Franchise Fees $2,956,107 $2,843,695 $2,898,000 $2,868,203 $2,873,000 -0.9%
Licenses And $1,183,658 $1,097,629 $847,850 $1,369,340 $1,080,890 27.5%
Permits
Fines & Forfeitures $1,064,230 $1,413,990 $1,145,200 $1,374,293 $1,330,500 16.2%
Charges For Services $2,517,599 $2,497,901 $2,294,334 $2,510,347 $2,522,440 9.9%
Miscellaneous $591,157 $680,392 $533,000 $903,849 $618,500 16%
Income
Event Revenue $16,956 $7,430 $16,000 $3,200 $0 -100%
Other Governmental $1,290,979 $1,213,838 $508,500 $841,346 $500,652 -1.5%
Other Transfers In $2,538,546 $3,234,759 $3,398,955 $3,398,955 $3,407,089 0.2%
Non-Operating $15,709 $47,910 $0 $5,613 $0 0%
Revenues
Other Financing $903,411 $8,265 $0 $0 $0 0%
Sources
Total Revenue Source: $ 42 ,505,4 80 $ 45,159,088 $ 45,423,467 $ 46 , 856 ,170 $ 47, 206 ,689 3.9%

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 52