Page 358 - Bedford-FY25-26 Budget

Name FY2023 FY2024 FY2025 FY2025 FY2026 FY2025
Actual Actual Amended Projected Budgeted Amended
Budget Budget vs.
FY2026
Budgeted (%
Change)
Transfer to Economic $0 $0 $0 $50,000 $50,000 N/A
Development Fund
Transfer to Facility Maintenance $0 $0 $0 $45,000 $0 0%
Fund
Transfer to Library Maintenance $0 $0 $0 $25,000 $0 0%
Fund
Transfer to Library Technology
Fund $0 $0 $0 $25,000 $0 0%
Transfer to Parks Maintenance $0 $0 $0 $50,000 $0 0%
Fund
Transfer to Equipment $0 $0 $0 $1,500,000 $70,000 N/A
Replacement Fund
Transfer to ARPA Fund $0 $0 $0 $12,010 $0 0%
BAD DEBTS $50,229 $98,829 $0 $0 $0 0%
INTEREST EXPENSE $1,450,015 $1,470,219 $1,502,774 $1,502,774 $1,447,468 -3.7%
Combination Tax & Revenue
Certifications of Obligation, Series $0 $0 $0 $3,080 $2,780 N/A
2012
Combination Tax & Revenue
Certificates of Obligation, Series $0 $0 $0 $45,363 $40,812 N/A
2012A
Combination Tax & Revenue
Certificates of Obligation, Series $0 $0 $0 $685,493 $671,148 N/A
2015
Combination Tax & Revenue
Certificates of Obligation, Series $0 $0 $0 $430,928 $423,080 N/A
2017
General Obligation Refunding & $0 $0 $0 $40,625 $25,000 N/A
Improvement Bonds, Series 2018
General Obligation Refunding & $0 $0 $0 $21,750 $18,075 N/A
Improvement Bonds, Series 2019
Combination Tax & Revenue
Certificates of Obligation, Series $0 $0 $0 $104,944 $98,894 N/A
2019
General Obligation Refunding $0 $0 $0 $16,510 $12,954 N/A
Bonds, Series 2020
Combination Tax & Revenue
Certificates of Obligation, Series $0 $0 $0 $59,875 $58,075 N/A
2023
Combination Tax & Revenue
Certificates of Obligation, Series $0 $0 $0 $94,206 $96,650 N/A
2024
PAYING AGENT FEES $4,780 $5,913 $7,150 $7,150 $7,155 0.1%
DEPRECIATION $2,059,851 $2,016,083 $0 $0 $0 0%
DEBT PRINCIPAL $2,350,000 $2,455,000 $2,605,000 $2,605,000 $2,665,000 2.3%
Combination Tax & Revenue
Certifications of Obligation, Series $0 $0 $0 $30,000 $30,000 N/A
2012

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 358