City of Lawrence
	Recreation Fund Projection			7/20/2007 15:28
	Actual	Actual	Actual	Actual
Revenues	2003	2004	2005	2006	2007	2008	2009
Property Taxes	606,326	319,280	284,881	314,691	405,000	417,150	438,008	No levy increase, 5% incr in AV for 2009
Motor Vehicle	40,573	70,158	32,211	28,741	29,000	29,870	31,364	5% increase
In-lieu	2,000	1,379	1,091	1,197	900	900	900
Service Charges	1,358,060	1,305,551	1,414,097	1,416,282	1,411,350	1,439,577	1,468,369	2% increase
Transfer	1,000,000	1,200,000	1,304,000	1,400,000	1,400,000	1,400,000	1,400,000
Total Revenue	3,006,959	2,896,368	3,036,280	3,160,911	3,246,250	3,287,497	3,338,640
Expenditures
Recreation	2,837,553	2,857,123	3,084,902	3,297,544	3,339,320	3,482,894	3,622,209	97% of 2008 budget, 4% growth in 2009
Revenue over Expenditures	169,406	39,245	(48,622)	(136,633)	(93,070)	(195,397)	(283,570)
Beginning Balance	274,222	497,937	537,182	488,560	351,927	258,857	63,460
End Balance	443,628	537,182	488,560	351,927	258,857	63,460	(220,110)
Assumptions
No increase in levy, 5% increase in AV for 2009
97% of 2008 budget, 4% growth in 2009