Page 34 - Bedford-FY25-26 Budget

utilities, and maintenance are forecast to increase 1% per year. Utilities and maintenance line-items are
projected to increase 2% per year.
The model identi es a certain percentage of the expenditure categories that are dedicated to personnel and
factors annual compensation increases towards personnel costs in order to project what the total cost would
be over the next ve years. The model includes a 3% cost of living adjustment for all eligible general employees.

The forecast for water purchases and sewer treatment are based on the historical amount purchased, plus 1%
annual growth for residential customers each year, at the projected rates provided by the Trinity River Authority
(TRA) in their FY 2025-2025 Proposed Budget.

Overall, the fund balance exceeds the City’s goal of a working capital amount equivalent to 90 days of
operational expenses excluding capital outlays.

PROJECTIONS
The above chart shows the revenue and expense projections by major category for the next ve years,
beginning with the proposed budget for FY 2025-2026.

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 34