City of Lawrence			############
	Transportation Fund Projection
	Actual	Actual	Actual	Preliminary
Revenues	2003	2004	2005	2006	2007	2008
Property Taxes	771,542	1,195,329	981,041	500,165	625,000	643,750	Levy increase, 3% incr in 2008 AV
Motor Vehicle	167,500	84,185	123,681	98,944	45,343	46,703	3% increase
In-lieu	2,500	5,317	3,775	1,864	1,340	1,350
Reimbursements				42,982	150
Service Charges	133,291	167,996	164,721	181,641	185,000	190,000
Total Revenue	1,074,833	1,452,827	1,273,218	825,596	856,833	881,803
Expenditures
Transportation	1,451,226	1,355,366	1,587,865	1,354,785	1,701,380	1,769,435	4% growth
Revenue over Expenditures	(376,393)	97,461	(314,647)	(529,189)	(844,547)	(887,632)
Beginning Balance	1,906,480	1,621,859	1,719,320	1,404,673	875,484	30,937
End Balance	1,530,087	1,719,320	1,404,673	875,484	30,937	(856,695)
Assumptions
No Increase levy, 3% increase in AV
97%of budgeted expenditures in 2007, 5% growth in 2008