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Bedford presents first-quarter finances; council approves consent items including temporary animal-shelter lease
Summary
Staff reported that general-fund revenue was slightly lower due to county tax timing but sales tax and investment income are positive; council approved consent items including $81,700 for mobile vehicle lifts and a short-term lease with Euless for animal-shelter operations during renovations.
City staff presented the first-quarter (ending Dec. 2025) financial and investment report and the council approved the consent agenda unanimously.
Brady, a city staff member, summarized revenue and expenditures, saying overall the city is "outperforming our general market right now," with a portfolio yield near 4.17% and roughly $1,200,000 in interest income year to date. He noted one timing quirk in…
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