Financial Transparency

Transparency


In an effort to provide key financial data to the citizens of Bedford, the City makes available several documents to ensure transparency for all financial transactions. The following information can be found in the Finance section.

Annual Budget


Also known as the Program of Services, this document outlines the spending plan for the fiscal year as approved by the City Council. Beginning with FY 2021-2022, the City moved to an online budget book. This page contains the link to the current Budget, along with those from the previous fiscal years.

Annual Financial Report


The Annual Financial Report is generated at the conclusion of the independent audit following each fiscal year. It contains the financial information pertaining to the actual financial transactions that occurred during the closed fiscal year. Previous reports are posted on this page and hard-copies are available for public viewing during normal business hours through the City Secretary's Office or at the Bedford Public Library.

Financial Reports


The Finance Division creates a quarterly report providing a summarized view of revenues and expenditures for all funds. These reports also provide highlights on the financial status of the major funds with supporting graphs and narrative explanation.

Debt Information


Information is provided on the City's current outstanding debt, including current debt obligations, descriptions, dates issued, total amounts and maturity dates.