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Finance
Teamwork and a hard work ethic make our Finance Team and awards happen. We are ethical, focused, and detailed oriented serving the City of Bedford. We believe in educating the minds of the public and staff with our financial knowledge in order to better serve our community.
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Check Registers
Browse the City's check register and payroll data.
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Comprehensive Annual Financial Reports
Access a list of Bedford's Comprehensive Annual Financial Reports.
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Debt Information
The City of Bedford currently has outstanding debt as detailed in the City Debt Information document.
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Finance Tax Facts
Learn about property tax rates and exemptions, sales tax rates, hotel/motel tax rates, and the payment of property taxes.
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Program of Services (Budgets)
Browse the City's program of services, as known as a budget.
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Quarterly Financial Reports
Access the City's quarterly financial reports.
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Unclaimed Property
The Texas Comptroller of Public Accounts maintains unclaimed property information for individuals with $100 or more in unclaimed property, including forgotten money and items from old bank accounts, royalties and payroll checks, insurance policies, safety-deposit boxes and other sources.
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Investment Portfolio
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Purchasing
The Finance Department is responsible for purchasing City equipment and supplies as well as bidding services required for City projects.
Certificate of Achievement for Excellence in Financial Reporting
The City of Bedford received the 24th Consecutive Certificate of Achievement for Excellence in Financial Reporting.
The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting. Its attainment represents a significant accomplishment and a standard of excellence in financial reporting. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized Comprehensive Annual Financial Report (CAFR). This report must satisfy both generally accepted accounting principles and applicable legal requirements.
The Award of Financial Reporting Achievement (AFRA) has also been presented to the Finance Department as the primary Department responsible for earning the Certificate.
The Government Finance Officers Association of the United States and Canada (GFOA) established the CAFR Program in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of the generally accepted accounting principles to prepare comprehensive annual financial reports that exemplify the spirit of transparency and full disclosure of the entity’s financial position.
Annual financial reports submitted to the CAFR program are reviewed by selected members of the GFOA professional staff and the GFOA Special Review Committee (SRC), which is comprised of individuals with expertise in public sector financial reporting. Members of the SRC review the reports based on specific criteria outlined in the program and provide the scoring of each award applicant.
To this day, the City of Bedford has met the specified criteria and received the CAFR recognition for the last 24 years in a row.