Page 503 - Bedford-FY25-26 Budget

Financial Summary FY2025 FY2026 FY2027 FY2028 FY2029 FY2030 % Change

Debt Actual Actual Actual Actual Actual Actual FY2025 vs FY2026
Governmental Bonds $8,575,530 $8,406,152 $8,405,629 $8,403,255 $8,403,407 $8,413,817 -2%
Water & Sewer Bonds $4,107,774 $4,112,470 $4,135,736 $3,658,317 $3,655,490 $3,678,728 0.1%
Stormwater Bonds $501,509 $490,375 $493,867 $496,795 $494,192 $498,207 -2.2%
4B Street Improvement Bonds $667,925 $666,488 $660,024 $663,484 $661,866 $665,171 -0.2%

Total Debt: $13,852,737 $13,675,485 $13,695,256 $13,221,851 $13,214,955 $13,255,923 -1.3%

Governmental Bonds

Governmental Bonds are those issuances that are supported by the
property tax revenue. The purpose of individual issuances can be
viewed in the Bedford Debt Summary and Consolidated Debt
Schedules document linked below.

FY2023 FY2025 FY2027 FY2029 FY2031 FY2033 FY2035 FY2037 FY2039 FY2041 FY2043

Financial Summary FY2026 FY2027 FY2028 FY2029 FY2030
Governmental Bonds Actual Actual Actual Actual Actual
Series 2020, GO Refunding Bonds $91,191 $90,112 $89,032 $92,921 $91,778
Series 2019, GO Bonds, Taxable $339,410 $337,135 $339,635 $336,910 $339,838
Series 2019, GO Refunding & Improvement Bonds, Phase Next $284,500 $283,725 $282,800 $281,725 $285,425
Series 2019, GO Refunding & Improvement Bonds, Refunding 2010 $343,650 $344,500 $345,050 $345,300 $350,175
Series 2019, Tax Notes $0 $0 $0 $0 $0
Series 2018, GO Refunding & Improvement Bonds $4,115,456 $4,113,706 $4,115,206 $4,114,581 $4,113,381
Series 2014, GO Bonds $226,713 $231,394 $230,625 $229,463 $232,813
Series 2014, Public Property Finance Contractual Obligations $0 $0 $0 $0 $0
Series 2013, GO Refunding & Improvement Bonds $120,125 $116,975 $118,500 $119,600 $120,500
Series 2016, Tax Notes $0 $0 $0 $0 $0
Series 2011, GO Refunding & Improvement Bonds $0 $0 $0 $0 $0
Series 2023, Combination Tax & Revenue Certi cates of Obligation, Park $47,263 $51,363 $50,238 $48,988 $47,738
Improvements
Series 2023, Combination Tax & Revenue Certi cates of Obligation, $189,531 $191,031 $186,981 $187,356 $187,481
Streets Improvements
Series 2023A, Combination Tax & Revenue Certi cates of Obligation $1,246,763 $1,248,763 $1,244,388 $1,248,513 $1,246,013
Series 2024, Combination Tax & Revenue $1,401,550 $1,396,925 $1,400,800 $1,398,050 $1,398,675

Total Governmental Bonds: $8,406,152 $8,405,629 $8,403,255 $8,403,407 $8,413,817

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 503