Approved Budget FY 2022-2023

The approved budget for FY 2022-2023 can be viewed online.

The approved tax rate is 0.495726 per $100 valuation.

The City of Bedford also has a tool that can estimate what you pay in property and sales taxes and breaks it down by the services provided by the City. Visit the Taxpayer Receipt to enter information about your specific property and purchases with the City to find your estimate.

For assistance with tax calculations, please contact the tax assessor for the City of Bedford via email, at 817-884-1100, or visit the Tarrant County website for more information.

How the 2022-2023 Fiscal Year Budget is Divided

  • Debt Service - 13.5 %
  • Development - 3.9%
  • Facilities - 2%
  • Finance and Municipal Court - 3.9%
  • Fire - 21.7%
  • Fleet and Streets - 4.4%
  • General Government - 3.9%
  • Human Resources - 1.2% 
  • IT - 2.3%
  • Library - 3.6%
  • Non-Departmental - 3.8%
  • Parks and Rec 6.6%
  • Police - 29.2%
photo of a dollar bill that explains "Where the Money Goes" for FY 2022-2023

Previous Approved Budgets

Have questions or comments on the FY 2022-2023 Budget? Please email budget.info@bedfordtx.gov.

Preceding Budgets

  2019-2020
(Amended)
2020-2021
(Amended)
2021-2022
(Amended)
2022-2023 
(Proposed)
Change
Total Budget $76,672,780 $80,046,708 $81,534,188 $85,097,305 ($6,436,883)
-7.03%

Property Tax Revenue Budgeted for Maintenance & Operations and Debt Service

  2019-2020 2020-2021 2021-2022 2022-2023
Maintenance & Operations $17,064,240 $17,968,533 $18,820,790 $20,239,240
Debt Service $7,436,968 $7,286,720 $7,798,320 $6,662,760

Tax Rate for Maintenance & Operations and Debt Service

  2020 2021 2022 
(Proposed)
Maintenance & Operations Rate 0.384633 0.386990 0.367497
Interest and Sinking Rate (Debt Service) 0.184367 0.165010 0.128229
Total 0.569000 0.552000 0.495726

Recent Financial Audits

View a list of previous Bedford Comprehensive Annual Financial Reports.