Page 104 - Bedford-FY25-26 Budget

Name FY2023 FY2024 FY2025 Amended FY2025 FY2026 FY2025 Amended
Actual Actual Budget Projected Budgeted Budget vs. FY2026
Budgeted (% Change)
Expense Objects
Contractual $46,104 $45,804 $45,420 $54,670 $61,542 35.5%
Services
Supplies $14,625 $9,773 $22,100 $15,000 $35,000 58.4%
Maintenance $147 $16,196 $13,220 $11,000 $13,220 0%
Capital Outlay $48,393 $3,923 $0 $0 $30,000 N/A

Total Expense
$109,269 $75,696 $80,740 $80,670 $139,762 73.1%
Objects:
Fund Balance

As a special revenue fund, the use of these funds are restricted by state statute. Fund Balance changes are based on
approved expenditures for allowable expenses and uctuate annually.

The FY 2026 decrease in fund balance is primarily driven by one-time purchases of computer hardware; camera, lighting,
and sound equipment; media servers, and a drone .

Projections
$600K

$500K

$400K

$300K

$200K

$100K

$0
FY2023 FY2024 FY2025 FY2026

Unassigned

Financial Summary FY2023 FY2024 FY2025 FY2026 % Change
— — — —
Fund Balance
Unassigned $547,595 $545,410 $524,973 $445,211 -15.2%
Total Fund Balance: $547,595 $545,410 $524,973 $445,211 -15.2%

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 104