Laserfiche WebLink
<br />. 5. (6- C - D . ~ <br /> <br />Projection as of January 2004 - Option "A" <br /> 2003-04 2004-05 2005-06 2006-07 <br />Total Revenues 62,007 62,591 64,527 67,745 <br />Total Expenditures (64,150) (70,610) (74,899) (78,061) <br />Adj ustments: <br />Revenues: 1,000 1,000 1,000 <br />State takeaways (635) <br />Prior year reductions 3,510 7,437 <br />"lnitial"Deficit (2,778) (7,019) (5,863) (1,879) <br />Deficit - % of expenditures -4.33% -9.94% -8.21% -2.66% <br />Deficit - % of revenues -4.48% -11.21% -9.09% -2.77% <br />Percentage of deficit covered by reserves 50.00% 33.00% 0.00% <br />Expenditure reductions $ (3,510) (3,928) (1,879) <br />(Use)/addition of/to reserves $ (2,778) (3,510) (1,935) 0 <br /> <br />July 1, 2003 <br />drawdown <br />June 30, 2004 <br /> <br />July 1, 2004 <br />drawdown <br />June 30, 2005 <br /> <br />July 1, 2005 <br />drawdown <br />June 30, 2006 <br /> <br />" <br /> <br />July 1, 2006 <br />drawdown <br />June 30, 2007 <br /> <br />Reserve Analysis <br /> <br /> 16,917 <br /> (2,778' <br />22.80% 14,139 <br /> 14,139 <br /> (3,510) <br />16.72% 10,630 <br /> 10,630 <br /> (1,935' <br />13.27% 8,695 <br /> 8,695 <br /> 0 <br />12.65% 8,695 <br /> <br />2004-05 <br /> <br />2005-06 <br /> <br />2006-07 <br /> <br />Reductions as a Percentage of Expenditures: <br />"across the board" <br />"no cuts to public safety" <br /> <br />Fund Balance Analysis4Jan 16 04x <br /> <br />4.97% <br />9.94% <br /> <br />5.50% <br />11.00% <br /> <br />2.66% <br />5.32% <br />