LOWER MAKEFIELD TOWNSHIP
GENERAL FUND 2007 SUMMARY
			2006	2005	2006	2007
	DEPARTMENT		BUDGET	6/30/2005	PROJECTED	BUDGET
	BEGINNING FUND BALANCE		1,436,393	########	1,789,117	1,127,124
	REVENUES
301	REAL ESTATE TAXES		3,536,743	########	3,533,409	3,785,600
310	LOCAL ACT 511 TAXES		1,661,466	914,483	1,583,047	1,661,216
321	LICENSES AND PERMITS		471,655	119,060	471,805	485,783
322	PERMITS/NON-BUS. LIC		5,000	1,290	2,800	3,000
331	FINES AND FORFEITS		74,500	40,695	89,500	89,500
341	INTEREST EARNINGS		72,100	67,065	145,000	145,000
342	RENTS AND ROYALTIES		221,010	131,416	244,956	248,756
351	FEDERAL GRANTS		6,000	1,501	94,618	51,212
354	STATE GRANTS		127,931	0	149,632	131,360
355	STATE SHARED REVENUES		298,498	0	317,438	317,438
361	CHARGES FOR SERVICES		444,620	221,622	441,937	548,420
380	MISCELLANEOUS REVENUES		26,100	984	18,050	15,050
383	LEAF ASSESSMENTS		279,210	259,078	275,550	275,850
387	CONTRIBUTIONS-PRIVATE SOURCES		475	0	16,010	10,250
391	SALE OF FIXED ASSETS		10,000	0	10,000	10,000
392	INTERFUND OPERATING TRANSFERS		296,753	0	296,753	311,591
395	REBATE FROM PRIOR YEAR		0	0	32,462	0
	TOTAL REVENUES		7,532,061	########	7,722,967	8,090,026
	EXPENDITURES
400	CENTRAL GOVERNMENT		557,696	397,502	778,751	646,985
401	GENERAL EXPENDITURES		1,874,632	873,786	1,824,124	2,027,795
402	FINANCE		205,600	0	187,060	254,600
403	TAX COLLECTION		19,000	15,771	18,465	18,865
404	ELM LOWNE		42,900	24,010	43,185	44,150
407	DATA PROCESSING		79,328	33,720	72,054	64,251
410	POLICE		3,219,278	########	3,184,810	3,469,828
414	PLANNING AND ZONING		390,193	195,144	380,511	437,163
	PUBLIC WORKS		1,465,467	479,863	1,298,641	1,474,433
492	INTERFUND TRANSFERS		597,359	0	597,359	622,467
	TOTAL EXPENDITURES		8,451,453	########	8,384,960	9,060,537
	EXCESS (DEFICIENCY) REVENUES
	OVER EXPENDITURES		(919,392)	########	(661,993)	(970,511)
	ENDING FUND BALANCE (DEFICIT)		517,001	########	1,127,124	156,613