Budget Breakdown FY 2021-2022

The City Council adopted the budget and tax rate at the September 14, 2021 City Council Meeting.  The details of the adopted budget can be viewed in the link for the Program of Services below.  The adopted tax rate was the same rate proposed for the budget, $0.552000 per $100 valuation.

The City Council approved amendments to the FY 2021-2022 budget at the January 11, 2022 and January 25, 2022 Council Meetings.  Information on what was approved in the amendments can be viewed by clicking on the dates of the meetings.

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.

Program of Services

Have questions or comments on the FY 2021-2022 Budget? Please email budget.info@bedfordtx.gov.

Where the Money Goes 2021-2022 chart
Budget Highlights 2021-2022 charft

Preceding Budgets

  2018-2019 2019-2020 2020-2021 2021-2022 (Proposed) 2021-2022 (Adopted) Change
Total Budget $73,103,484 $78,750,410 $79,944,708 $80,509,743 $81,001,718 $1,057,010 (1.32%)

Property Tax Revenue Budgeted for Maintenance & Operations and Debt Service

  2018-2019 2019-2020 2020-2021 2021-2022
Maintenance & Operations $14,553,640 $17,064,240 $17,968,533 $18,820,790
Debt Service $7,753,119 $7,436,968 $7,286,720 $7,798,320

Tax Rate for Maintenance & Operations and Debt Service

  2019 2020 2021 (Adopted)
Maintenance & Operations Rate 0.377409 0.384633 0.386990
Interest and Sinking Rate (Debt Service) 0.191591 0.184367 0.165010
Total 0.569000 0.569000 0.552000

Recent Financial Audits

View a list of previous Bedford Comprehensive Annual Financial Reports.