City of Lawrence
				Available Debt Service Funds
				With Additional Projects
		Assessed	Debt	Property Tax	Other	Debt	Net	Ending
	Year	Value*	Levy**	Revenue	Revenue	Service***	Income	Year Balance
	1996	356,295,015	8.5	2,940,000	750,000	3,394,651	295,349	3,114,847
	1997	387,851,053	8.5	3,131,897	750,000	#REF!	#REF!	#REF!
	1998	421,519,021	7.9	3,230,100	730,000	#REF!	#REF!	#REF!
	1999	442,594,972	8.5	3,649,196	730,000	#REF!	#REF!	#REF!
	2000	464,724,721	8.5	3,831,655	650,000	#REF!	#REF!	#REF!
	2001	487,960,957	9.5	4,496,560	630,000	6,974,864	(1,848,303)	#REF!
	2002	512,359,005	9.5	4,721,388	610,000	6,137,522	(806,133)	#REF!
	2003	537,976,955	10.5	5,479,295	588,000	6,624,510	(557,215)	#REF!
	2004	564,875,802	10.0	5,479,295	568,000	6,029,126	18,170	#REF!
	2005	593,119,593	8.5	4,890,271	568,000	7,461,061	(2,002,790)	#REF!
	2006	622,775,572	8.5	5,134,785	608,000	7,069,376	(1,326,592)	#REF!
		*   Assumes 5% growth in Assessed Value
		**  Assumes 1.0 mill increases in 1999,  2000, and 2002
		*** Assumes following CIP Budget-  4,750,000 in 1998;
		4,150,000 in 1999; 3,250,000 in 2000; $4,000,000 in 2001; and
		3,000,000 annually afterwards.
	Note :  A fund balance equal to six-months principal & interest is recommended ($2-3 million)