City of Lawrence			7/20/2007 15:28
	Transportation Fund Projection
	Actual	Actual	Actual	Actual
Revenues	2003	2004	2005	2006	2007	2008	2009
Property Taxes	771,542	1,195,329	981,041	500,165	635,000	1,230,000	1,291,500	2008 levy increase
Motor Vehicle	167,500	84,185	123,681	98,944	45,343	54,105	85,000	5% increase for 2009
In-lieu	2,500	5,317	3,775	1,864	1,340	1,500	1,500
Reimbursements				42,982	150	-	-
Service Charges	133,291	167,996	164,721	181,641	185,000	312,300	321,669	3% increase
Total Revenue	1,074,833	1,452,827	1,273,218	825,596	866,833	1,597,905	1,699,669
Expenditures
Transportation	1,451,226	1,355,366	1,587,865	1,354,785	1,512,858	1,747,423	1,887,217	8% incr in 2009
Revenue over Expenditures	(376,393)	97,461	(314,647)	(529,189)	(646,025)	(149,518)	(187,548)
Beginning Balance	1,906,480	1,621,859	1,719,320	1,404,673	875,484	229,459	79,941
End Balance	1,530,087	1,719,320	1,404,673	875,484	229,459	79,941	(107,607)
Assumptions
Levy increase in 2008, 5% AV increase for 2009
98% of budgeted expenditures in 2008, 8% growth in 2009