Page 355 - Bedford-FY25-26 Budget

Name FY2023 FY2024 FY2025 FY2025 FY2026 FY2025
Actual Actual Amended Projected Budgeted Amended
Budget Budget vs.
FY2026
Budgeted (%
Change)
MINOR APPARATUS $220 $1,384 $900 $900 $0 -100%
POSTAGE $80,352 $90,624 $91,000 $91,000 $87,800 -3.5%
Water Bill Postage $0 $0 $0 $89,000 $85,800 N/A
Mail Room Postage $0 $0 $0 $2,000 $2,000 N/A
Total Supplies: $81,499 $93,722 $94,400 $94,400 $89,800 -4.9%

Maintenance
MAINTENANCE EQUIPMENT $580 $0 $0 $0 $0 0%

Total Maintenance: $580 $0 $0 $0 $0 0%

Debt Service & Transfers
INTEREST EXPENSE $345 $2,123 $0 $0 $0 0%
AMORTIZATION EXPENSE $0 $78,252 $0 $0 $0 0%
OPERATING TRANSFERS $142,000 $142,000 $142,000 $142,000 $142,000 0%
Funding for Future Meter $0 $0 $0 $142,000 $142,000 N/A
Replacement
Total Debt Service & Transfers: $142,345 $222,375 $142,000 $142,000 $142,000 0%

COVID & Misc
COVID-19, Payroll Expenses $1,563 $0 $0 $0 $0 0%

Total COVID & Misc: $1,563 $0 $0 $0 $0 0%

Total Customer Service: $701,899 $1,015,818 $926,694 $926,694 $1,010,886 9.1%

Non Departmental
Personnel Services
SALARIES $0 $0 $26,286 $0 $187,410 613%
SALARIES, COLA INCREASE $123,041 $104,167 $0 $0 $0 0%
BUDGET
Vacation Buyback $0 $0 $0 $0 $187,410 N/A
RETIREE HEALTH SAVINGS $0 $0 $0 $0 -$100,440 N/A
Retiree Health Savings Plan $0 $0 $0 $0 -$100,440 N/A
Forfeitures
SALARIES $0 $0 $0 $0 $4,800 N/A
SALARIES, COLA INCREASE $5,177 $5,783 $0 $0 $0 0%
BUDGET
Vacation Buyback $0 $0 $0 $0 $4,800 N/A
PENSION/OPEB, GASB 68 PENSION -$184,674 $15,164 $0 $0 $0 0%
EXPENSE
PENSION/OPEB, GASB 75 OPEB $6,979 -$3,749 $0 $0 $0 0%
EXPENSE
Total Personnel Services: -$49,477 $121,365 $26,286 $0 $91,770 249.1%

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 355