Page 55 - Bedford-FY24-25 Budget

Historical and Budgeted Expenditures by Expense Type

60

50

40
Millions 30

20

10

0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

COVID & Misc Capital Outlay Utilities
Maintenance Supplies Debt Service & Transfers
Contractual Services Personnel Services

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)
Expense Objects
Personnel Services $29,949,034 $31,572,191 $35,320,509 $34,337,540 $36,259,129 2.7%
Contractual $4,680,213 $5,293,346 $5,822,198 $6,158,598 $6,326,700 8.7%
Services
Supplies $1,904,337 $1,488,271 $1,590,675 $1,609,603 $1,670,067 5%
Maintenance $1,463,677 $1,231,694 $1,082,800 $1,217,043 $1,145,567 5.8%
Debt Service & $1,188,823 $1,252,774 $1,385,380 $1,386,135 $2,660,960 92.1%
Transfers
COVID & Misc $165,166 $53,946 $0 $4,312 $0 0%
Utilities $976,795 $952,183 $814,520 $1,078,434 $1,065,373 30.8%
Capital Outlay $9,405,010 $30,298 $679,510 $654,419 $558,800 -17.8%
Total Expense
$ 49,733,054 $ 41, 874 ,703 $ 46 ,695,592 $ 46 ,446 ,084 $ 49,686 ,596 6 .4%
Objec ts:

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 55