Page 110 - Bedford-FY25-26 Budget

Name FY2024 FY2025 Amended FY2025 FY2026 FY2025 Amended
Actual Budget Projected Budgeted Budget vs. FY2026
Budgeted (% Change)
Expense Objects
Maintenance $0 $0 $0 $21,911 N/A
Debt Service & $0 $0 $0 $30,000 N/A
Transfers
Total Expense Objects: $0 $0 $0 $51,911 N/A

Fund Balance
This fund was created per Texas House Bill (H.B.) No. 1950, which became effective May 29, 2025. This is a special revenue
fund that has a restricted use per State guidelines. Expenses in this fund are set each year based on the anticipated
collections. If the fund collects more than anticipated, the extra amount remains in fund balance to offset years when
collections are lower than expected.

Because this is a new fund created during FY 2025, it is currently programmed to grow the fund balance for future allowable
expenses.

Projections

$25K

$20K

$15K

$10K

$5K

$0
FY2025 FY2026
Unassigned

Financial Summary FY2025 FY2026 % Change
— —
Fund Balance
Unassigned $17,214 $22,753 32.2%

Total Fund Balance: $17,214 $22,753 32.2%

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 110