City of Lawrence
	Recreation Fund Projection			4/26/2007 15:47
	Actual	Actual	Actual	Preliminary
Revenues	2003	2004	2005	2006	2007	2008
Property Taxes	606,326	319,280	284,881	314,691	399,000	410,970	No levy increase, 3% incr in AV
Motor Vehicle	40,573	70,158	32,211	28,741	29,000	29,870	3% increase
In-lieu	2,000	1,379	1,091	1,197	250	250
Service Charges	1,358,060	1,305,551	1,414,097	1,416,282	1,411,350	1,439,577	2% increase
Transfer	1,000,000	1,200,000	1,304,000	1,400,000	1,400,000	1,500,000
Total Revenue	3,006,959	2,896,368	3,036,280	3,160,911	3,239,600	3,380,667
Expenditures
Recreation	2,837,553	2,857,123	3,084,902	3,297,544	3,339,320	3,472,893	97% of 2007 budget, 4% growth
Revenue over Expenditures	169,406	39,245	(48,622)	(136,633)	(99,720)	(92,226)
Beginning Balance	274,222	497,937	537,182	488,560	351,927	252,207
End Balance	443,628	537,182	488,560	351,927	252,207	159,981
Assumptions
No increase in levy , 3% increase in 2008 AV, 97% of 2007 expenditures, 4% growth in 2008