City of Lawrence
	Library Fund Projection			############
	Actual	Actual	Actual	Actual
Revenues	2003	2004	2005	2006	2007	2008	2009
Property Taxes	1,838,469	1,925,987	2,327,021	2,514,136	2,650,000	2,729,500	2,865,975	no levy increase, 5% incr in AV
Motor Vehicle	200,000	208,674	198,464	237,098	232,000	238,960	250,908	5% increase
In-lieu	6,100	8,504	9,019	9,626	5,854	5,800	5,800
Total Revenues	2,044,569	2,143,165	2,534,504	2,760,860	2,887,854	2,974,260	3,122,683
Expenditures
Library	2,039,923	2,067,000	2,502,000	2,759,000	2,950,000	3,021,000	3,141,840	4% increase
Revenue over Expenditures	4,646	76,165	32,504	1,860	(62,146)	(46,740)	(19,157)
Beginning Balance	42,659	47,305	123,470	155,974	157,834	95,688	48,948
End Balance	47,305	123,470	155,974	157,834	95,688	48,948	29,791
Assumptions
no levy increase in 2008, 5% incr in AV for 2009
4% increase in 2009 expenditures over 2008 budget