Page 71 - Bedford-FY24-25 Budget

This enterprise fund focuses on the operation and maintenance of the stormwater
Stormwater utility system, which manages stormwater drainage runoff, including administration,
Utility Fund repairs, replacements, improvements, and extensions of the water and sewer system
(directly related to drainage), nancing and related debt service, and billing and
collection.
Summary

City of Bedford, TX is projecting $1.99M of revenue in FY2025, which represents a 5.1% increase over the prior year. Budgeted
expenditures are projected to decrease by 21.3% or $450.6K to $1.66M in FY2025.

$ 4M

$3M

$2M
Ac tual Revenue Source
Budgeted Revenue Source
Ac tual Expenditures
$1M
Budgeted Expenditures

$0
FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

Stormwater Utility Fund Comprehensive Summary

Name FY2022 FY2023 FY2024 Amended FY2024 FY2025
Ac tual Ac tual Budget Projec ted Budgeted
Beginning Fund Balance: $1,796 , 803 $2 , 244 ,788 $2 ,749, 880 $2 ,749, 880 $2 ,659,401
Revenues
Charges For Services $1,837,408 $1,853,832 $1,844,802 $1,856,937 $1,855,000
Miscellaneous Income $38,828 $96,333 $52,000 $165,804 $138,583
Other Transfers In $1,142,951 $0 $0 $0 $0
Other Financing Sources $82,267 $343,727 $0 $0 $0

Total Revenues: $3,101,453 $2 , 293, 892 $1, 896 , 802 $2 ,022 ,741 $1,993,583

Expenditures
Personnel Services $244,893 $313,395 $335,811 $335,811 $469,565
Contractual Services $209,932 $194,168 $757,782 $757,782 $239,774
Supplies $20,625 $23,576 $26,652 $26,652 $26,597
Maintenance $12,469 $35,094 $44,601 $44,601 $45,650
Debt Service & Transfers $850,522 $888,515 $877,932 $877,932 $881,039
COVID & Misc $1,308 $0 $0 $0 $0

City of Bedford, TX | Adopted Budget FY 2024-2025 Page 71