CITY OF BURLINGTON
SPECIAL REVENUE TIF #3 REVOLVING LOAN FUND
BUDGET FOR THE YEAR 2008
Anticipated Proposed Proposed Proposed
Actual Budget Actual Budget Actual Budget Budget Budget
2005 2006 2006 2007 2007 2008 2009 2010
Revenues
Loan Reimbursements $     3,650 $     7,943 $        103,695 $            7,330 [1] $             7,330 $            7,330 $            7,330 $             7,330 [2]
Interest   10,000   10,477          38,885          14,610           15,000            8,672                   -                     -
Total Revenues   13,650   18,420        142,580          21,940           22,330          16,002            7,330             7,330
Expenditures
Current:                    
Conservation and Development           -   #######          55,330 [3]        314,142           36,490 [4]        362,874            7,330             7,330
Total Expenditures           -   #######          55,330        314,142           36,490        362,874            7,330             7,330
 Excess Revenues Over (Under) Expenditures    13,650 #######          87,250      (292,202)          (14,160)      (346,872)                 -                     -  
Fund Balance - January 1 ####### #######        273,782        361,032         361,032        346,872                 -                     -  
         
Fund Balance - December 31  $  #######  $     (1,448)  $         361,032  $           68,830  $          346,872  $                  -    $                  -    $                    -  
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[1]
 :
468-484810-000
[2]
 :
These loan repayments are for Mike's Quality Auto Service
[3]
 :
Stays the same until 2012
[4]
 :
Contract services and repayment due to state
[5]
 :
 :
Contract services and repayment due to state