| CITY OF LAWRENCE | |||||||||
| GENERAL FUND PROJECTION | |||||||||
| Revenues | 2004 | 2005 | 2006 | 2007 | 2008 | ||||
| Property Taxes | $11,890,949 | $12,517,532 | $12,850,000 | $13,289,607 | $14,086,983 | ||||
| Franchise Fees | $3,684,941 | 3,754,184 | 3,900,000 | 4,500,000 | 4,860,000 | ||||
| Sales Taxes | $20,640,305 | 21,318,108 | 22,200,000 | 23,050,000 | 23,972,000 | ||||
| State Transfers | $716,688 | 710,932 | 680,000 | 692,000 | 715,000 | ||||
| Licenses & Permits | $1,121,828 | 1,082,191 | 1,100,000 | 1,080,000 | 1,112,400 | ||||
| Fines | $2,321,690 | 2,637,320 | 2,600,000 | 2,750,000 | 2,832,500 | ||||
| User Fees | $402,637 | 683,000 | 650,000 | 698,184 | 719,130 | ||||
| Interest | $369,078 | 1,087,618 | 1,400,000 | 1,000,000 | 1,000,000 | ||||
| Other | $3,259,492 | 3,369,533 | 3,470,619 | 4,273,766 | 4,401,979 | ||||
| Transfers | 1,195,000 | 1,595,525 | 1,628,662 | 3,025,600 | 3,176,880 | ||||
| TOTAL REVENUES | $45,602,608 | $48,755,943 | $50,479,281 | $54,359,157 | $56,876,872 | ||||
| Expenditures | 2004 | 2005 | 2006 | 2007 | 2008 | ||||
| City Commission | 63,720 | 68,674 | |||||||
| City Manager | 297,670 | 309,803 | |||||||
| Public Information | 80,116 | 77,141 | |||||||
| Planning | 721,791 | 863,892 | |||||||
| Human Relations | 298,141 | 247,031 | |||||||
| City Clerk | 134,600 | 152,370 | |||||||
| Personnel | 344,684 | 449,767 | |||||||
| Risk Management | 1,042,755 | 1,074,744 | |||||||
| Finance | 306,470 | 320,599 | |||||||
| Overhead | 2,385,557 | 2,465,094 | |||||||
| Transfers | 6,396,011 | 7,629,766 | |||||||
| Information Systems | 800,430 | 884,680 | |||||||
| Legal | 559,054 | 628,170 | |||||||
| Court | 576,728 | 607,577 | |||||||
| Police | 10,057,898 | 11,503,849 | |||||||
| Fire | 9,495,572 | 10,670,263 | |||||||
| Health | 834,673 | 847,499 | |||||||
| Streets | 1,549,079 | 1,963,040 | |||||||
| Engineering | 643,688 | 704,205 | |||||||
| Traffic | 558,172 | 550,794 | |||||||
| Airport | 78,762 | 72,300 | |||||||
| Building | 702,319 | 711,309 | |||||||
| Street Lights | 492,262 | 497,148 | |||||||
| Levee | 101,051 | 116,903 | |||||||
| Parks & Rec Facilities | 2,551,677 | 2,950,122 | |||||||
| Building Inspection | 785,761 | 839,247 | |||||||
| Other Operating | 0 | 0 | |||||||
| TOTAL EXPENDITURES | 40,844,267 | 47,205,987 | 53,549,322 | 55,333,873 | 58,100,567 | ||||
| Revenue over Expenditures | 4,758,341 | 1,549,956 | (3,070,041) | (974,716) | (1,223,695) | ||||
| Beginning Balance | $ 8,164,583 | 12,922,924 | 14,472,880 | 11,402,839 | 10,428,123 | ||||
| End Balance | 12,922,924 | 14,472,880 | 11,402,839 | 10,428,123 | 9,204,428 | ||||
| Assumptions -Option B | 18.85% | 15.84% | |||||||
| Revenues: no mill levy increase and 6% growth in A.V.in 2007, electrical franchise fee increase to 5% of revenue | |||||||||
| 4% increase in sales tax, 3% growth in ambulance reimbursement, and 5% increase in other franchise fees | |||||||||
| Expenditures: 97% of budget in 2006 and 2007, 5% annual operating increase in 2008 | |||||||||
| Includes adjustments to 2006 revenues (additional $109,216 projected revenue); decreased funding for street maintenance | |||||||||
| by $600,000 | |||||||||