City of Lawrence
	Recreation Fund Projection
Revenues	2003	2004	2005	2006
Property Taxes	606,326	310,000	328,600	348,316	No levy increase, 6% incr in AV
Motor Vehicle	40,573	65,044	35,000	37,100	6% incr
In-lieu	2,000	1,400	1,100	1,500
Service Charges	1,358,060	1,306,000	1,350,000	1,360,000
Transfer	1,000,000	1,200,000	1,248,000	1,297,920	4% increase
Total Revenue	3,006,959	2,882,444	2,962,700	3,044,836
Expenditures
Recreation	2,837,553	2,900,000	3,016,000	3,136,640	4% incr
Revenue over Expenditures	169,406	(17,556)	(53,300)	(91,804)
Beginning Balance	274,222	443,628	426,072	372,772
End Balance	443,628	426,072	372,772	280,968
Assumptions
No increase in levy , 6% increase in AV, 4% increase in transfer & expenditures