Budget Breakdown FY 2020-2021

"Budget Breakdown" Calculator Graphic

The City Council approved the Fiscal Year 2020-2021 Budget on Monday, August 24, 2020.  To see the total adopted revenues and expenditures by fund summary, click here.  The City Council adopted a tax rate of $0.569000 per $100 valuation, which is below the voter-approval rate.  This rate is comprised of a maintenance and operation rate of $0.384633 and a debt service rate of $0.184367, each per $100 valuation.

Notice of 2020 Tax Year Proposed Property Tax Rate for City of Bedford

Notice about 2020 Tax Rates and 2020 Tax Rate Calculation Worksheet

Budget Notice Public Hearing FY 2020-2021

To view the presentation slides from the City Council Budget Work Session held on August 1, 2020, click here.

Have questions or comments on the FY2020-2021 Proposed Budget? Email budget.info@bedfordtx.gov.

Budget_Where the Money Goes 20-21
Budget Highlights

Budget History At A Glance


Preceding Budgets


Total Budget
2017-2018
2018-2019
2019-2020
Change
$72,113,149
$73,103,484
$78,750,410
$5,646,410
7.72%


Property Tax Revenue Budgeted for Maintenance & Operations and Debt Service


2017-2018
2018-2019
2019-2020
Maintenance & Operations
$13,224,006
$14,553,640
$17,064,240
Debt Service
$5,988,841
$7,753,119
$7,436,968


Tax Rate for Maintenance & Operations and Debt Service


2018
2019
2020 (Proposed)
Maintenance & Operations Rate
0.344135
0.3774090.384633
Interest & Sinking Rate (Debt Service)
0.2177270.1915910.184367
Total0.5618620.5690000.569000

Recent Financial Audits

2019 Comprehensive Annual Financial Report (PDF)

Access a list of Bedford's Comprehensive Annual Financial Reports



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Michael Boyter

Michael Boyter
Mayor

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Rusty Sartor

Rusty Sartor
Council Member Place 1

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Dan Cogan

Dan Cogan
Council Member Place 2

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Amy Sabol

Amy Sabol
Mayor Pro Tem/Council Member Place 3

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Tom Burnett

Tom Burnett
Council Member Place 4

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Ruth Culver

Ruth Culver
Council Member Place 5

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Rob Gagliardi

Rob Gagliardi
Council Member Place 6

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