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		TOWNSHIP OF LOWER MAKEFIELD
		2007 Annual Operating Budget
FUND NO. 20		DEBT SERVICE FUND EXPENDITURES
					PROPOSED	ADOPTED
		2006	6/30/2006	12/31/2006	2007	2007
DEPT.	ACCOUNT	BUDGET	ACTUAL	PROJECTED	BUDGET	BUDGET
470	PERSONAL SERVICES	2,500	0	2,500	2,500
471	DEBT PRINCIPAL
	000 - Principal	503,929	0	503,929	512,159
	001 - Principal - Rescue Squad	35,678	17,663	35,678	37,296
	002 - Principal - DVRFA Loan #1	532,000	0	532,000	561,000
	003 - Principal - DVRFA Loan #2	0	0	0	0
	004 - Principal - PEMA	8,658	4,307	8,658	8,832
	005 - Principal - D.V.R.F.A. 2004	81,000	81,000	81,000	85,000
	DEPARTMENT TOTAL	1,161,265	102,970	1,161,265	1,204,287
472	DEBT INTEREST
	000 - Interest	281,005	140,760	281,005	281,005
	001 - Interest - Rescue Squad	14,909	7,631	14,909	13,291
	002  -Interest - D.V.R.F.A. #1	101,786	50,893	101,786	101,786
	003  -Interest - D.V.R.F.A. #2	251,836	125,918	251,836	251,836
	004  -Interest - PEMA	2,484	1,264	2,484	2,310
	005 - Interest - D.V.R.F.A. 2004	116,760	55,670	116,760	115,300
	DEPARTMENT TOTAL	768,780	382,135	768,780	765,528
475	FISCAL AGENT'S FEES
	000 - Trustee Fees	2,450	980	1,980	2,980
	TOTAL EXPENDITURES	1,934,995	486,085	1,934,525	1,975,295
	EXCESS REVENUES
	OVER EXPENDITURES	102,846	1,193,514	362,629	(302,484)
	ENDING FUND BALANCE	154,013	1,265,819	434,934	132,450