Page 191 - Bedford-FY25-26 Budget

This governmental fund was established to have a pay-as-you-go maintenance fund
for City facilities. Funding is provided through an operating transfer from the General
Facilities
Fund. This allows the accumulation of funds for larger maintenance efforts that
Maintenance &
cannot be absorbed in the operating budget.
Repair Fund
(Closing)
This fund will be closed at the end of FY 2024-2025. The remaining fund balance
will be transferred into the new Facilities Maintenance internal service fund.
Summary

City of Bedford, TX is projecting $0 of revenue in FY2026, which represents a 100% decrease over the prior year. Budgeted
expenditures are projected to decrease by 100% or $291.12K to $0 in FY2026.

$200K

$150K

$100K
Actual Revenue Source
Budgeted Revenue Source
Actual Expenditures
$50K
Budgeted Expenditures

$0
FY2023 FY2024 FY2025 FY2026

Facilities Maintenance & Repair Fund (Closing) Comprehensive Summary

Name FY2023 Actual FY2024 Actual FY2025 Amended Budget FY2025 Projected FY2026 Budgeted
Beginning Fund Balance: $237,309 $118,822 $164,173 $164,173 N/A
Revenues
Miscellaneous Income $5,242 $32,380 $81,947 $81,947 $0
Other Transfers In $45,000 $45,000 $45,000 $45,000 $0

Total Revenues: $50,242 $77,380 $126,947 $126,947 $0

Expenditures
Supplies $73 $0 $0 $0 $0
Maintenance $52,457 $32,029 $76,000 $76,000 $0
Debt Service & Transfers $0 $0 $215,120 $215,120 $0
Capital Outlay $116,199 $0 $0 $0 $0

Total Expenditures: $168,729 $32,029 $291,120 $291,120 $0
Total Revenues Less Expenditures: -$118,487 $45,351 -$164,173 -$164,173 $0
Ending Fund Balance: $118,822 $164,173 $0 $0 N/A

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 191