City of Lawrence
	Transportation Fund Projection
Revenues	2003	2004	2005	2006
Property Taxes	771,542	1,170,000	990,000	1,049,400	No levy increase, 6% incr in AV
Motor Vehicle	167,500	85,000	120,000	95,000	Based upon previous levy
In-lieu	2,500	5,000	4,000	4,000
Service Charges	133,291	149,000	155,000	165,000
Total Revenue	1,074,833	1,409,000	1,269,000	1,313,400
Expenditures
Transportation	1,451,226	1,320,000	1,372,800	1,427,712	4% increase
Revenue over Expenditures	(376,393)	89,000	(103,800)	(114,312)
Beginning Balance	1,906,480	1,530,087	1,619,087	1,515,287
End Balance	1,530,087	1,619,087	1,515,287	1,400,975
Assumptions
No increase levy, 6% increase in AV
4% increase in expenditures in 2005 and 2006