Page 78 - Bedford-FY25-26 Budget

Name FY2023 FY2024 FY2025 Amended FY2025 FY2026 FY2025 Amended
Actual Actual Budget Projected Budgeted Budget vs. FY2026
Budgeted (%
Change)
Expense Objects
Personnel Services $313,395 $289,188 $469,565 $278,910 $444,524 -5.3%
Contractual Services $194,168 $510,729 $261,199 $400,810 $248,947 -4.7%
Supplies $23,576 $20,154 $26,597 $27,000 $19,800 -25.6%
Maintenance $35,094 $24,084 $45,650 $36,030 $45,838 0.4%
Debt Service & $888,515 $844,704 $881,039 $881,482 $882,124 0.1%
Transfers
Capital Outlay $0 $70,441 $0 $0 $0 0%

Total Expense Objects: $1,454,748 $1,759,302 $1,684,050 $1,624,232 $1,641,233 -2.5%

Fund Balance

As an enterprise fund, the fund balance numbers provided are based on the working capital of each scal year. These
amounts vary depending on the cash status of the fund at the beginning of the scal year.

Projections

$4M

$3M

$2M

$1M

$0
FY2023 FY2024 FY2025 FY2026
Nonspendable Unassigned

Financial Summary FY2023 FY2024 FY2025 FY2026 % Change
— — — —
Fund Balance
Unassigned $2,749,880 $2,947,185 $3,329,984 $3,678,751 10.5%
Nonspendable $0 $0 $0 $0 0%

Total Fund Balance: $2,749,880 $2,947,185 $3,329,984 $3,678,751 10.5%

City of Bedford, TX | Proposed Budget FY 2025-2026 Page 78