City of Lawrence			5/2/2008 14:20
	Bond and Interest Fund Projection
	Actual	Actual	Actual	Actual	Preliminary
Revenues	2003	2004	2005	2006	2007	2008	2009	2010	2011
Property Taxes	4,410,828	4,779,766	5,061,191	5,434,025	5,762,300	5,860,000	5,860,000	5,977,200	6,096,744	0% for 2009, 2% for 2010,2011
Motor Vehicle Taxes	478,000	500,063	500,226	515,094	523,625	510,000	510,000	520,200	530,604	0% for 2009, 2% for 2010,2011
In Lieu Taxes	14,600	21,459	19,580	20,784	12,586	5,000	5,000	5,000	5,000
Special Assessments	1,369,411	1,261,948	1,283,187	1,497,275	1,880,223	2,200,000	2,300,000	2,400,000	2,500,000
Reimbursements	1,250,377	444,520	37,500	179,744	-	-	-	-	-	Art Center payment in 2003
Interest	141,182	116,562	180,509	497,985	638,925	400,000	300,000	250,000	150,000	Lower rates and balances
Rents	61,417	84,787	206,011	126,042	108,551	100,000	100,000	100,000	100,000
Transfers	-	700,749	855,508	3,212	1,268,040	-	-	-	-
Total Revenue	7,725,815	7,909,854	8,143,712	8,274,161	10,194,250	9,075,000	9,075,000	9,252,400	9,382,348
Expenditures
Principal	4,961,017	5,067,600	6,596,111	6,639,044	7,570,032	7,650,000	7,900,000	8,100,000	8,200,000
Interest	2,246,284	2,074,786	2,069,983	2,119,620	2,177,637	2,705,000	2,800,000	2,850,000	2,600,000
Total Expenditures	7,207,301	7,142,386	8,666,094	8,758,664	9,747,669	10,355,000	10,700,000	10,950,000	10,800,000
Revenue over Expenditures	518,514	767,468	(522,382)	(484,503)	446,581	(1,280,000)	(1,625,000)	(1,697,600)	(1,417,652)
Beginning Balance	7,006,605	7,525,119	8,292,587	7,770,205	7,285,702	7,732,283	6,452,283	4,827,283	3,129,683
End Balance	7,525,119	8,292,587	7,770,205	7,285,702	7,732,283	6,452,283	4,827,283	3,129,683	1,712,031
Assumptions
No levy incr, 0% increase in 2009 AV then 2%