City of Lawrence
	Recreation Fund Projection			5/2/2008 14:19
	Actual	Actual	Actual	Actual	Preliminary
Revenues	2003	2004	2005	2006	2007	2008	2009	2010	2011
Property Taxes	606,326	319,280	284,881	314,691	396,805	408,839	408,839	417,016	425,356	0% increase in 2009 then 2%
Motor Vehicle	40,573	70,158	32,211	28,741	30,245	34,991	34,991	35,691	36,405	0% increase in 2009 then 2%
In-lieu	2,000	1,379	1,091	1,197	900	350	350	350	350
Service Charges	1,358,060	1,305,551	1,414,097	1,416,282	1,431,633	1,460,266	1,489,471	1,519,260	1,549,646	2% increase
Transfer	1,000,000	1,200,000	1,304,000	1,400,000	1,400,000	1,447,000	1,450,000	1,500,000	1,550,000
Total Revenue	3,006,959	2,896,368	3,036,280	3,160,911	3,259,583	3,351,446	3,383,651	3,472,317	3,561,756
Expenditures
Recreation	2,837,553	2,857,123	3,084,902	3,297,544	3,116,202	3,482,894	3,552,552	3,623,603	3,696,075	97% of 2008 budget, 2% growth
Revenue over Expenditures	169,406	39,245	(48,622)	(136,633)	143,381	(131,448)	(168,901)	(151,286)	(134,318)
Beginning Balance	274,222	497,937	537,182	488,560	351,927	495,308	363,860	194,959	43,674
End Balance	443,628	537,182	488,560	351,927	495,308	363,860	194,959	43,674	(90,644)
Assumptions
0% increase in 2009 AV then 2%
97% of 2008 budget, 2% growth in 2009,2010,2011