Adopted Budget FY 2023-2024

The budget for Fiscal Year 2023-2024 can be viewed online.

The tax rate funding the budget is 0.495726 per $100 valuation.  

More information about your specific property tax impact for all taxing entities can be found on the Tarrant Tax Info website.

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 the current tax year.

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 2032-2024 Budget is Divided (General Fund/Debt Service)

  • Debt Service - 14.7%
  • Development - 3.2%
  • Facilities - 2.0%
  • Finance and Municipal Court - 3.8%
  • Fire - 21.6%
  • Fleet and Streets - 4.1%
  • General Government - 4.0%
  • Human Resources - 1.3% 
  • IT - 2.1%
  • Library - 3.7%
  • Non-Departmental - 3.9%
  • Parks and Rec - 6.7%
  • Police - 28.8%
graphic of a dollar bill showing how funds are distributed within departments in the 2023-24 budget


Previous Approved Budgets


Have questions or comments on budgets? Please email budget.info@bedfordtx.gov.

Preceding Budgets

  2020-2021
(Amended)
2021-2022
(Amended)
2022-2023 
(Amended)
2023-2024 
(Adopted)
Change
Total Budget $80,046,708 $91,534,188 $89,975,201 $94,657,734 $4,682,533
5.12%

Property Tax Revenue Budgeted for Maintenance & Operations and Debt Service

  2020-2021 2021-2022 2022-2023 2023-2024
Maintenance & Operations $17,968,533 $18,820,790 $20,239,240 $21,068,810
Debt Service $7,286,720 $7,798,320 $6,662,760 $8,022,620

Tax Rate for Maintenance & Operations and Debt Service

  2021 2022 2023
Maintenance & Operations Rate 0.386990 0.367497 0.351831
Interest and Sinking Rate (Debt Service) 0.165010 0.128229 0.143895
Total 0.552000 0.495726 0.495726

Recent Financial Audits

View a list of previous Bedford Comprehensive Annual Financial Reports.