Budget Breakdown FY 2020-2021

"Budget Breakdown" Calculator Graphic

The City Council approved the Fiscal Year 2020-2021 Budget on Monday, August 24, 2020. 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.

Senate Bill 656 Budget Notice

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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