Page 655 - Bedford-FY24-25 Budget

Exhibit A

CITY OF BEDFORD
SUMMARY OF REVENUE AND EXPENDITURES BY FUND
FISCAL YEAR 2024-2025
ESTIMATED ESTIMATED
BEGINNING REVENUE EXPENDITURES FY 2024-2025 ENDING CHANGE IN
FUND NAME BALANCE PROPOSED SUPPLEMENTAL PROPOSED SUPPLEMENTAL DIFFERENCE BALANCE FUND BALANCE

GENERAL FUND $ 12,130,809 $ 47,206,689 $ - $ 47,206,689 $ 49,686,596 $ - $ 49,686,596 $ (2,479,907) $ 9,650,902 -20.44%

TOURISM FUND 3,001,350 1,487,520 - 1,487,520 1,467,338 - 1,467,338 20,182 3,021,532 0.67%
WATERWORKS UTILITY FUND 8,030,262 * 28,974,982 - 28,974,982 28,923,688 - 28,923,688 51,294 8,081,556 0.64%

STORMWATER UTILITY FUND 2,659,401 * 1,993,583 - 1,993,583 1,662,625 - 1,662,625 330,958 2,990,359 12.44%

WATER UTILITY REPAIR FUND 168,990 * 1,113,462 - 1,113,462 - - - 1,113,462 1,282,452 658.89%
COURT SECURITY FUND 33,293 38,281 - 38,281 38,281 - 38,281 - 33,293 0.00%
TRUANCY PREVENTION & DIVERSION FUND 45,229 36,853 - 36,853 36,853 - 36,853 - 45,229 0.00%

MUNICIPAL JURY FUND 1,178 749 - 749 715 - 715 34 1,212 2.89%

COURT TECHNOLOGY FUND 35,078 34,513 - 34,513 34,681 - 34,681 (168) 34,910 -0.48%

BEAUTIFICATION COMMISSION FUND 68,209 12,845 - 12,845 25,000 - 25,000 (12,155) 56,054 -17.82%
PUBLIC SAFETY TRAINING FUND 62,795 9,391 - 9,391 7,250 - 7,250 2,141 64,936 3.41%

ECONOMIC DEVELOPMENT FUND 1,127,399 101,246 - 101,246 100,000 - 100,000 1,246 1,128,645 0.11%
STREET IMPROVEMENT ECONOMIC DEVELOPMENT CORP. 5,277,015 4,502,899 - 4,502,899 5,913,573 - 5,913,573 (1,410,674) 3,866,341 -26.73%

INTEREST & SINKING (DEBT SERVICE) FUND 670,762 8,240,776 - 8,240,776 8,606,530 - 8,606,530 (365,754) 305,008 -54.53%

TAX INCREMENT FINANCING (TIF) DISTRICT FUND 195,168 113,470 - 113,470 - - - 113,470 308,638 58.14%
PEG FUND 572,592 93,646 - 93,646 80,740 - 80,740 12,906 585,498 2.25%
SWAT - NETCAST FUND 78,778 77,958 - 77,958 75,498 - 75,498 2,460 81,238 3.12%

DRUG ENFORCEMENT FUND 195,258 4,871 - 4,871 - - - 4,871 200,129 2.49%

PARK MAINTENANCE FUND 178,604 59,438 - 59,438 50,000 - 50,000 9,438 188,042 5.28%
COMPUTER REPLACEMENT FUND 200,699 115,562 - 115,562 60,000 - 60,000 55,562 256,261 27.68%
AQUATICS MAINTENANCE FUND 220,469 34,135 - 34,135 20,000 - 20,000 14,135 234,604 6.41%
LIBRARY TECHNOLOGY FUND 53,206 27,049 - 27,049 - - - 27,049 80,255 50.84%

LIBRARY MAINTENANCE FUND 34,669 25,709 - 25,709 - - - 25,709 60,378 74.16%

FACILITY MAINTENANCE FUND 138,696 50,523 - 50,523 30,000 - 30,000 20,523 159,219 14.80%

EQUIPMENT REPLACEMENT FUND 247,525 2,256,615 - 2,256,615 754,245 - 754,245 1,502,370 1,749,895 606.96%
WATER/SEWER VEHICLE REPLACEMENT FUND 162,888 * 55,273 - 55,273 - - - 55,273 218,161 33.93%
TREE PRESERVATION FUND 14,375 10,460 - 10,460 - - - 10,460 24,835 72.77%

COMMERCIAL VEHICLE ENFORCEMENT FUND 5,490 - - - - - - - 5,490 0.00%
PARK DONATIONS FUND 42,224 - - - - - - - 42,224 0.00%

$ 35,652,410 $ 96,678,498 $ - $ 96,678,498 $ 97,573,613 $ - $ 97,573,613 $ (895,115) $ 34,757,295

* The beginning balance for these funds are based on Working Capital.