Page 42 - Bedford-FY25-26 Budget

Name FY2023 Actual FY2024 Actual FY2025 Amended Budget FY2025 Projected FY2026 Budgeted
Expenditures
Personnel Services $34,277,724 $36,947,886 $39,444,368 $38,420,303 $42,690,023
Contractual Services $24,301,730 $25,543,374 $31,001,415 $31,004,998 $33,411,699
Supplies $1,875,763 $1,850,986 $2,199,626 $2,044,214 $2,250,344
Maintenance $1,825,618 $1,607,299 $1,793,161 $1,717,945 $1,786,983
Debt Service & Transfers $17,416,453 $20,177,204 $24,454,806 $24,479,811 $19,465,763
Special Events $0 $2,000 $0 $2,000 $0
COVID & Misc $62,366 $53,918 $0 $0 $0
Utilities $1,056,055 $1,249,506 $1,183,573 $1,208,175 $1,211,215
Capital Outlay $2,558,043 $4,395,178 $4,975,484 $2,840,532 $3,549,043

Total Expenditures: $83,373,753 $91,827,351 $105,052,433 $101,717,978 $104,365,070
Total Revenues Less Expenditures: $7,076,881 $2,412,344 -$6,663,554 $7,284,821 -$1,820,350
Ending Fund Balance: $42,042,867 $44,229,324 $36,532,659 $50,481,034 $48,464,575

Revenue by Fund

2026 Revenue by Fund

Water Utility Repair Fund (1%)
Water Utility Repair Fund (1%)
Water Utility Repair Fund (1%)
Tourism Development Fund (1.5%)
Tourism Development Fund (1.5%)
Tourism Development Fund (1.5%)
Stormwater Utility Fund (1.9%)
Stormwater Utility Fund (1.9%)
Stormwater Utility Fund (1.9%)
Edc -4B Street Improvement (4.3%)
Edc -4B Street Improvement (4.3%)
Edc -4B Street Improvement (4.3%)
Interest & Sinking Fund (8.2%)
Interest & Sinking Fund (8.2%)
Interest & Sinking Fund (8.2%)
General Fund (48.4%)
General Fund (48.4%)
General Fund (48.4%)

Waterworks Utility Fund (33.2%)
Waterworks Utility Fund (33.2%)
Waterworks Utility Fund (33.2%)

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 42