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  calendar employee council contact
Finance Department
2000 Forest Ridge Drive
Bedford, TX 76021
817-952-2174

, Director of Administrative Services
, Accounting Manager    817-952-2177
, Finance Supervisor              817-952-2132

Finance Tax Facts

Property Tax Rate
The City of Bedford's current tax rate is $0.476509 per $100 of assessed valuation. This rate is determined by two components. The first rate of $0.303747 is for Maintenance & Operations (M&O) and constitutes the General Fund Operating Revenue from property taxes. The second rate of $0.172762 is for Interest & Sinking Funds, otherwise known as Debt Service, and is accounted for in a separate fund. This money is used to pay the principal and interest on the City’s long-term debt obligations.

Combined Tax Rate for Bedford Residents
The majority of Bedford’s citizens reside in the Hurst-Euless-Bedford Independent School District.  The combined tax rate for those citizens is below.
City of Bedford $0.476509
HEB ISD $1.316000
Tarrant County $0.254000
Tarrant County Hospital District $0.227897
Tarrant County College $0.144730
Total $2.419136
 
A small portion of Bedford’s citizens reside in the Grapevine-Colleyville Independent School District.  Their combined tax rate is below.
City of Bedford $0.476509
GCISD $1.320100
Tarrant County $0.254000
Tarrant County Hospital District $0.227897
Tarrant County College $0.144730
Total $2.423236

Property Tax Rate Exemptions
The City provides Senior Citizen exemptions of $50,000 and has adopted the over 65/disabled property tax freeze.

City of Bedford's Sales Tax Rate
The State of Texas levies a sales tax of 6.25% on all purchases statewide. The City of Bedford levies an additional 2%, making the total tax rate 8.25% for all goods purchased in the City of Bedford.

City of Bedford's Hotel/Motel Tax Rate
The City of Bedford levies a 7% tax on all hotel or motel stays of less than 30 days. The revenue from this tax is utilized for tourism related purposes.

Payment of Property Taxes
Most cities, school districts and special districts of Tarrant County including the City of Bedford have contracted with the Tarrant County Tax Assessor-Collector to collect property taxes on their behalf. The contact information for the Tax Assessor-Collector is:

Tarrant County Tax Assessor-Collector
100 E. Weatherford St.
Fort Worth, Texas 76196-0301
817-884-1100
www.tarrantcounty.com

Municipal Energy Usage

 

 

Quarterly Financial Reports

FY 2015-2016

December 2016 (Fourth Quarter)

August 2016 (Third Quarter)

May 2016 (Second Quarter)

February 2016 (First Quarter)

 

FY 2014-2015

December 2015 (Fourth Quarter)

August 2015 (Third Quarter)

February 2015 (First Quarter)



FY 2013-2014

July 2014 (Third Quarter)

April 2014 (Second Quarter)

 

FY 2012-2013

August 2013 (Third Quarter)

May 2013 (Second Quarter)

February 2013 (First Quarter)

Program of Services (Budget)

FY2016-2017 City of Bedford Program of Services
FY2016-2017 (Current Year)
FY2015-2016 City of Bedford Program of Services FY2015-2016 City of Bedford Program of Services
                 FY2015-2016                  FY2014-2015
FY2015-2016 City of Bedford Program of Services FY2015-2016 City of Bedford Program of Services
                 FY2013-2014                  FY2012-2013
   

   

 

Comprehensive Annual Financial Report (CAFR)

Current CAFR Archived CAFR

YEAR ENDED SEPTEMBER 30, 2016

YEAR ENDED SEPTEMBER 30,2014

YEAR ENDED SEPTEMBER 30,2013

YEAR ENDED SEPTEMBER 30,2012

YEAR ENDED SEPTEMBER 30, 2011

YEAR ENDED SEPTEMBER 30, 2010

Debt Information

The City of Bedford currently has outstanding debt as detailed in the City Debt Information below.  Principal and interest payments are made on February 1st of each year and a second interest only payment is made on August 1st of each year.  The schedules presented show outstanding debt for Fiscal Year 2014-2015.

Debt Transparency Pledge

City Debt Information

Bedford’s bonds currently have the following ratings:
General Obligation Bonds            AA (S & P)
Revenue Bonds                                AA (S & P)

Check Registers


Check Register FY 2016-2017 (Quarterly)

Check Register FY 2016-2017 Quarter 1

Actual Payroll
Not included in the check registers is the payroll amounts associated with employee direct deposit.  The document provided below includes the gross wage data by department.  This includes payments made by direct deposit, manual checks (included on the check register) and required withholdings that are paid to the appropriate agency through a fund transfer (included on the check register).  This information is provided to ensure all expenses are accounted for, but does contain duplicate entries within the provided check registers.

Payroll Data

 

Archived Check Register

Check Register FY 2015-2016

Check Register FY 2014-2015

Check Register FY 2013-2014

Unclaimed Property

The Texas Comptroller of Public Accounts maintains unclaimed property information for individuals with $100 or more in unclaimed property, including forgotten money and items from old bank accounts, royalties and payroll checks, insurance policies, safety-deposit boxes and other sources. You may have unclaimed property if your name or business name appears on the unclaimed property listing.

For more information, please contact the Comptroller’s office toll-free at (800) 654-3463, or visit www.claimittexas.org

The City of Bedford also holds unclaimed property valued up to $100 that is presumed abandoned under the provisions of and subject to Chapter 76 of the Texas Property Code. The owner may present proof of the unclaimed property to the Finance Department to establish the owner’s right to receive the property by submitting an Unclaimed Property Claimant Information Form.

PROPERTY CLAIMANT INFORMATION FORM

Any person possessing a legal or beneficial interest in the unclaimed property may obtain information concerning the amount of the unclaimed property by contacting the following:

City of Bedford
Finance Department
2000 Forest Ridge Drive
Bedford, TX 76021
817-952-2177
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© 2016 City of Bedford
2000 Forest Ridge Drive
Bedford, TX 76021
P: 817-952-2100.
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