City of Lawrence
	Library Fund Projection
Revenues	2003	2004	2005	2006
Property Taxes	1,838,469	1,871,000	2,335,526	2,475,658	.5 levy increase, 6% incr in AV
Motor Vehicle	200,000	205,000	217,300	271,251
In-lieu	6,100	5,100	9,000	9,000
Total Revenues	2,044,569	2,081,100	2,561,826	2,755,909
Expenditures
Library	2,039,923	2,067,000	2,502,000	2,602,080	4% incr in 2006
Revenue over Expenditures	4,646	14,100	59,826	153,829
Beginning Balance	42,659	47,305	61,405	121,231
End Balance	47,305	61,405	121,231	275,060
Assumptions
.5 levy increase in 2005, 6% incr in AV
4% increase in 2006 expenditures