Page 87 - Bedford-FY24-25 Budget

Name FY2022 FY2023 FY2024 Amended FY2024 FY2025
Ac tual Ac tual Budget Projec ted Budgeted
Capital Outlay $131,487 $252,628 $3,891,000 $1,356,056 $2,850,000

Total Expenditures: $3,028 ,744 $3,916 , 237 $6 ,94 8 , 337 $ 4 , 335,792 $5,913,573
Total Revenues Less
$966 ,789 $240,792 -$2 ,611,731 $131, 890 -$1,410,674
Expenditures:
Ending Fund Balance: $ 4 ,904 , 332 $5,145,125 $2 ,533, 394 $5, 277,015 $3, 866 , 341

Revenue by Source

The primary funding source for this fund is sales tax. Based on the annual collections for the prior scal year, the revenue
budget has been increased to correspond with the increase in overall revenue collections from the prior scal year.
Additional funding comes from the interest income on the fund.

Budgeted Revenue by Source

%
m
M M i i s s c c e e l l l l a a n n e e o o u u s s I I n n c c o o m e e ( ( 4 4 . . 4 4 % ) )
Miscellaneous Income (4.4%)

(

9
(

e
e
s
s
6
6
%
%
.
5
9
.
5
e
l
s
e
a
S S Sales Taxes (95.6%) ) )
l
a
s
a
a
x
x

T
T
City of Bedford, TX | Adopted Budget FY 2024-2025 Page 87