Page 206 - Bedford-FY25-26 Budget

This enterprise fund was established in Fiscal Year 2012 for the replacement of
vehicles and equipment that support the Water and Wastewater Divisions. The funds
Water Fund -
are an established operation transfer from the Water Distribution Division.
Vehicle
Replacement
This fund will be closed at the end of FY 2024-2025. The remaining fund balance will be
(Closing)
transferred to a committed fund balance in the new Equipment Replacement 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 $337.93K to $0 in FY2026.

$60K

$40K

Actual Revenue Source
$20K Budgeted Revenue Source
Actual Expenditures
Budgeted Expenditures

$0
FY2023 FY2024 FY2025 FY2026

Water Fund - Vehicle Replacement (Closing) Comprehensive Summary

Name FY2023 Actual FY2024 Actual FY2025 Amended Budget FY2025 Projected FY2026 Budgeted
Beginning Fund Balance: $49,376 $106,297 $163,011 $163,011 N/A
Revenues
Miscellaneous Income $6,921 $6,714 $10,220 $10,220 $0
Other Governmental $0 $0 $114,695 $114,695 $0
Other Transfers In $50,000 $50,000 $50,000 $50,000 $0

Total Revenues: $56,921 $56,714 $174,915 $174,915 $0

Expenditures
Debt Service & Transfers $0 $0 $337,926 $337,926 $0
Total Expenditures: $0 $0 $337,926 $337,926 $0
Total Revenues Less Expenditures: $56,921 $56,714 -$163,011 -$163,011 $0
Ending Fund Balance: $106,297 $163,011 $0 $0 N/A

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 206