CITY OF LAWRENCE, KANSAS
Bond & Interest Fund
Schedule of Revenues, Expenditures and Changes
in Fund Balance - Budget and Actual
Year Ended December 31, 2005
(With Comparative Actual Amounts for 2004)
								2005
														Variance
								Original		Final				Positive		2004
								Budget		Budget		Actual		(Negative)		Actual
Revenues:
	Taxes						$	5,472,495		5,472,495		5,580,998		108,503		5,301,288
	Special assessments							1,415,000		1,415,000		1,283,187		(131,813)		1,261,948
	Interest							150,000		150,000		180,508		30,508		116,562
	Intergovernmental							—		—		—		—		353,406
	Miscellaneous							60,000		60,000		243,512		183,512		175,901
					Total revenues			7,097,495		7,097,495		7,288,205		190,710		7,209,105
Expenditures:
	Principal retirement							7,655,000		7,655,000		6,596,111		1,058,889		5,067,600
	Interest and fiscal charges							3,460,000		3,460,000		2,069,984		1,390,016		2,074,786
					Total expenditures			11,115,000		11,115,000		8,666,095		2,448,905		7,142,386
					Excess (deficiency) of revenues over
						(under) expenditures		(4,017,505)		(4,017,505)		(1,377,890)		2,639,615		66,719
Other financing sources – transfers in								—		—		855,508		855,508		700,749
					Excess (deficiency) of revenues and other
						sources over (under) expenditures and
						other uses	$	(4,017,505)		(4,017,505)		(522,382)		3,495,123		767,468
Fund balance, beginning of year												8,296,387				7,537,669
Net change in reserve for encumbrances												—				(8,750)
Fund balance, end of year											$	7,774,005				8,296,387
See independent auditor's report on the basic financial statements.