| City of Lawrence | |||||||||
| General Fund Revenues & Expenditures | |||||||||
| Budget Basis | |||||||||
| Actual | Actual | Actual | Actual | Budget | Estimated | ||||
| 2004 | 2005 | 2006 | 2007 | 2008 | 2008 | ||||
| Revenues | 45,602,609 | 48,755,943 | 50,720,977 | 53,345,230 | 55,139,037 | 55,845,537 | |||
| Expenditures* | 40,844,268 | 47,205,987 | 54,110,109 | 52,979,452 | 59,511,385 | 55,132,099 | |||
| Excess (deficiency) of Revenues | 4,758,341 | 1,549,956 | (3,389,132) | 365,778 | (4,372,348) | 713,438 | |||
| Ending Fund Balance** | 12,922,924 | 14,472,880 | 11,083,748 | 11,449,526 | 2,881,328 | 12,162,964 | |||
| (Unreserved) | |||||||||
| Unreserved fund balance % of exp | 31.64% | 30.66% | 20.48% | 21.61% | 4.84% | 22.06% | |||
| Annual revenue increase | 12.59% | 6.91% | 4.03% | 5.17% | 3.36% | 4.69% | |||
| Annual expenditure increase | -1.00% | 15.58% | 14.63% | -2.09% | 12.33% | 4.06% | |||
| *2008 budgeted expenditures included a transfer of $1.2 m in order to achieve a budgeted fund balance at or below 5% per state law | |||||||||
| ** 2008 budget assumed a 2007 ending fund balance of $7,253,676 | |||||||||