ACCOUNT # DESCRIPTION  2004 ACTUAL   2005 BUDGET   2005 ACTUAL   2006 BUDGET 
11/30
REVENUE
308.42.00 BEGINNING BALANCE         24,627.49         38,600.00         38,426.81                     -  
336.00.88 GAS TAX         13,384.85           9,000.00           8,938.25                     -  
361.11.00 INVESTMENT INTEREST              414.47           1,500.00              942.90                     -  
TOTAL  REVENUES         13,799.32         10,500.00           9,881.15                     -  
EXPENDITURES
OTHER USES
597.41.00 TRANSFER TO STREET FUND                     -           49,100.00                     -                       -  
                    -                       -                       -                       -  
TOTAL OTHER USES                     -           49,100.00                     -                       -  
TOTAL ARTERIAL STREET EXPENDITURES                     -           49,100.00                     -                       -  
BEGINNING BALANCE         24,627.49         38,600.00         38,426.81                     -  
REVENUE ESTIMATES         13,799.32         10,500.00           9,881.15                     -  
EXPENDITURES                     -           49,100.00                     -                       -  
ENDING BALANCE         38,426.81                     -           48,307.96                     -  
Text Box: Until recently, State law required that a separate fund be established to account for arterial street fuel tax revenue. These funds were to be used only for the construction and improvements to arterial highways and city streets. The 2005 legislative session changed this requirement. These "restricted" monies may now be for any highway purpose in the 18th amendment of the Washington State Constitution. Beginning in 2006 all fuel tax monies will be deposited in the Town's Street Fund, #440. At the end of 2005, all revenue in the Arterial Street Fund will be transferred to Fund #440.