Page 55 - Bedford-FY25-26 Budget

Name FY2023 Actual FY2024 Actual FY2025 Amended Budget FY2025 Projected FY2026 Budgeted
Miscellaneous Income $680,392 $951,236 $618,500 $843,276 $697,000
Event Revenue $7,430 $3,705 $0 $0 $0
Other Governmental $1,213,838 $752,790 $500,652 $7,682,686 $420,690
Other Transfers In $3,234,759 $3,402,013 $3,407,089 $3,822,224 $3,572,660
Non-Operating Revenues $47,910 $6,748 $0 $2,172 $2,000
Other Financing Sources $8,265 $188,346 $0 $0 $0

Total Revenues: $45,159,088 $46,914,152 $47,206,689 $55,152,171 $49,589,910

Expenditures
Personnel Services $31,572,191 $34,095,178 $36,259,129 $35,434,713 $38,693,009
Contractual Services $5,293,346 $5,416,674 $6,376,692 $6,269,428 $6,264,443
Supplies $1,488,271 $1,455,902 $1,670,067 $1,564,936 $1,751,949
Maintenance $1,231,694 $1,109,137 $1,145,567 $1,118,776 $1,085,650
Debt Service & Transfers $1,252,774 $2,018,675 $2,660,960 $2,683,757 $1,067,745
COVID & Misc $53,946 $49,436 $0 $0 $0
Utilities $952,183 $1,121,838 $1,065,373 $1,089,975 $1,088,290
Capital Outlay $30,298 $718,908 $558,800 $548,044 $464,249

Total Expenditures: $41,874,703 $45,985,747 $49,736,588 $48,709,629 $50,415,335
Total Revenues Less Expenditures: $3,284,385 $928,405 -$2,529,899 $6,442,542 -$825,425
Ending Fund Balance: $11,720,695 $12,649,100 $10,119,201 $19,091,642 $18,266,217

Revenues by Source

Projected 2026 Revenues by Source

Other Governmental (0.8%)
Other Governmental (0.8%)
Other Governmental (0.8%)
Miscellaneous Income (1.4%)
Miscellaneous Income (1.4%)
Miscellaneous Income (1.4%)
Fines & Forfeitures (2.7%)
Fines & Forfeitures (2.7%)
Fines & Forfeitures (2.7%)
Licenses And Permits (3.1%)
Licenses And Permits (3.1%)
Licenses And Permits (3.1%)
Franchise Fees (5.8%)
Franchise Fees (5.8%)
Franchise Fees (5.8%)
Charges For Services (6%)
Charges For Services (6%)
Charges For Services (6%)
Property Taxes (46.8%)
Property Taxes (46.8%)
Property Taxes (46.8%)
Other Transfers In (7.2%)
Other Transfers In (7.2%)
Other Transfers In (7.2%)
Sales Taxes (25.7%)
Sales Taxes (25.7%)
Sales Taxes (25.7%)

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 55