Page 230 - Bedford-FY25-26 Budget

Name FY2023 FY2024 FY2025 Amended FY2025 FY2026 FY2025 Amended
Actual Actual Budget Projected Budgeted Budget vs. FY2026
Budgeted (%
Change)
General Fund
Other Taxes
MIXED BEVERAGE TAX $247,236 $202,765 $225,000 $222,280 $206,000 -8.4%
Total Other Taxes: $247,236 $202,765 $225,000 $222,280 $206,000 -8.4%

Franchise Fees
FRANCHISE-GAS $465,937 $467,518 $445,000 $500,000 $500,000 12.4%
FRANCHISE- $64,848 $84,334 $80,000 $80,000 $80,000 0%
TELEPHONE
FRANCHISE- $1,573,752 $1,554,035 $1,605,000 $1,550,859 $1,550,000 -3.4%
ELECTRICITY
FRANCHISE-TRASH $407,794 $451,313 $420,000 $428,471 $475,000 13.1%
FRANCHISE-CABLE $277,748 $253,340 $265,000 $191,645 $190,000 -28.3%
FRANCHISE-RECYCLING $53,617 $60,574 $58,000 $58,000 $58,000 0%

Total Franchise Fees: $2,843,695 $2,871,114 $2,873,000 $2,808,975 $2,853,000 -0.7%
Total General Fund: $3,090,932 $3,073,879 $3,098,000 $3,031,255 $3,059,000 -1.3%

Public Educ Govt Fund
Franchise Fees
FRANCHISE-CABLE $60,495 $45,558 $70,000 $38,425 $40,000 -42.9%

Total Franchise Fees: $60,495 $45,558 $70,000 $38,425 $40,000 -42.9%
Total Public Educ Govt Fund: $60,495 $45,558 $70,000 $38,425 $40,000 -42.9%

Tourism Development Fund
Other Taxes
HOTEL/MOTEL $1,531,240 $1,408,879 $1,300,000 $1,072,496 $1,300,000 0%
OCCUPANCY TAX
SHORT-TERM RENTAL $169 $27,076 $15,000 $27,333 $20,000 33.3%
TAX

Total Other Taxes: $1,531,409 $1,435,954 $1,315,000 $1,099,829 $1,320,000 0.4%
Total Tourism Development
$1,531,409 $1,435,954 $1,315,000 $1,099,829 $1,320,000 0.4%
Fund:
Total: $4,682,835 $4,555,391 $4,483,000 $4,169,509 $4,419,000 -1.4%

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 230