Category	Sub-Category	Item	Budget 07-08	Forecast 08-09	Forecast 09-10	Forecast 10-11	Forecast 11-12	Forecast 12-13	Forecast 13-14	Forecast 14-15	Forecast 15-16	Forecast 16-17	Forecast 17-18
Expense	Operating (level services)	Fixed	$ (14,462,092)	$ (14,905,741)	$ (16,673,876)	$ (19,918,882)	$ (20,336,502)	$ (20,931,969)	$ (21,904,602)	$ (22,743,702)	$ (23,173,889)	$ (24,432,461)	$ (25,728,853)
Expense	Operating	Enterprise municipal use	$ (306,170)	$ (327,039)	$ (327,039)	$ (327,039)	$ (327,039)	$ (327,039)	$ (327,039)	$ (327,039)	$ (327,039)	$ (327,039)	$ (327,039)
Expense	Operating (level services)	Town	$ (9,602,438)	$ (10,087,452)	$ (10,483,380)	$ (10,895,796)	$ (11,325,410)	$ (11,772,955)	$ (12,239,207)	$ (12,766,123)	$ (13,274,286)	$ (13,803,777)	$ (14,355,513)
Expense	Operating (level services)	School	$ (31,204,200)	$ (32,972,000)	$ (34,413,800)	$ (35,747,500)	$ (36,424,300)	$ (38,145,500)	$ (39,701,900)	$ (41,414,200)	$ (42,630,100)	$ (43,146,100)	$ (45,693,700)
	Operating (level services) Total		$ (55,574,900)	$ (58,292,231)	$ (61,898,094)	$ (66,889,217)	$ (68,413,250)	$ (71,177,463)	$ (74,172,747)	$ (77,251,065)	$ (79,405,314)	$ (81,709,377)	$ (86,105,104)
Expense	Articles	STM Articles		$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -
Expense	Articles	ATM Articles		$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -
	Articles Total		$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -
Expense	Offset to Expenses	Efficiency gains	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -
Expense	Offset to Expenses	Health insurance premium drop	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -
Expense	Offset to Expenses	Service reduction (addition)	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -
	Offset to Expenses Total		$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -
Expense Total			$ (55,574,900)	$ (58,292,231)	$ (61,898,094)	$ (66,889,217)	$ (68,413,250)	$ (71,177,463)	$ (74,172,747)	$ (77,251,065)	$ (79,405,314)	$ (81,709,377)	$ (86,105,104)
Revenue	Standard Revenue	Standard Revenue	$ 55,574,900	$ 56,927,076	$ 60,006,285	$ 64,547,284	$ 66,359,357	$ 68,015,514	$ 69,528,106	$ 71,464,048	$ 73,280,559	$ 75,343,718	$ 77,347,114
	Standard Revenue Total		$ 55,574,900	$ 56,927,076	$ 60,006,285	$ 64,547,284	$ 66,359,357	$ 68,015,514	$ 69,528,106	$ 71,464,048	$ 73,280,559	$ 75,343,718	$ 77,347,114	10-Year Total
Grand Total-surplus/(deficit)			$ (0)	$ (1,365,155)	$ (1,891,809)	$ (2,341,933)	$ (2,053,893)	$ (3,161,949)	$ (4,644,641)	$ (5,787,017)	$ (6,124,755)	$ (6,365,659)	$ (8,757,990)	(42,494,801)

Other Revenue Items
Revenue	Commercial Revenue	EL Harvey Expansion	$ -	$ -
Revenue	Commercial Revenue	77-79 Main Street	$ -	$ -	$ -	$ 7,278	$ 14,555	$ 14,919	$ 15,292	$ 15,674	$ 16,066	$ 16,468	$ 16,879
Revenue	Commercial Revenue	Hopkinton Village Center	$ -	$ -	$ 48,732	$ 82,936	$ 85,009	$ 87,135	$ 89,313	$ 91,546	$ 93,834	$ 96,180	$ 98,585
Revenue	Commercial Revenue	Bill's Pizza project	$ -	$ -	$ 1,271	$ 11,429	$ 11,715	$ 12,008	$ 12,308	$ 12,615	$ 12,931	$ 13,254	$ 13,585
Revenue	Commercial Revenue	Hopkinton Square	$ -	$ -	$ 22,713	$ 69,289	$ 141,700	$ 145,243	$ 148,874	$ 152,595	$ 156,410	$ 160,321	$ 164,329
Revenue	Commercial Revenue	Lonza Hopkinton	$ -	$ 5,966	$ 18,343	$ 25,068	$ 25,696	$ 32,922	$ 47,243	$ 62,260	$ 63,817	$ 132,043	$ 135,344
Revenue	Commercial Revenue	Other	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -
	Commercial Revenue Total		$ -	$ 5,966	$ 91,059	$ 196,000	$ 278,675	$ 292,226	$ 313,029	$ 334,691	$ 343,059	$ 418,266	$ 428,722
Revenue	Non-recurring revenue	Enterprise fund loan repayment	$ -	$ -	$ 140,000	$ 150,000	$ 200,000	$ -	$ -	$ -	$ -	$ -	$ -
Revenue	Non-recurring revenue	Other	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -
	Non-Recurring Revenue Total		$ -	$ -	$ 140,000	$ 150,000	$ 200,000	$ -	$ -	$ -	$ -	$ -	$ -
Total Other Revenue			$ -	$ 5,966	$ 231,059	$ 346,000	$ 478,675	$ 292,226	$ 313,029	$ 334,691	$ 343,059	$ 418,266	$ 428,722
Legacy Farms
Revenue	Tax Revenue	Legacy Farms	$ -	$ -	$ 295,337	$ 1,025,949	$ 1,962,936	$ 2,949,942	$ 3,526,934	$ 3,898,926	$ 4,270,918	$ 4,585,327	$ 4,823,725
Revenue	Departmental Revenue	Legacy Farms	$ -	$ -	$ -	$ 46,302	$ 129,646	$ 254,662	$ 303,279	$ 335,691	$ 368,103	$ 395,884	$ 416,720
Revenue	Non-recurring revenue	Building permits	$ -	$ -	$ 147,000	$ 273,000	$ 192,500	$ 143,500	$ 98,000	$ 98,000	$ 98,000	$ 98,000	$ 98,000
Expense	Operating	Residential-Municipal Costs	$ -	$ -	$ -	$ (173,507)	$ (485,819)	$ (954,288)	$ (1,136,470)	$ (1,257,925)	$ (1,379,380)	$ (1,483,484)	$ (1,561,562)
Expense	Operating	Residential-School Costs	$ -	$ -	$ -	$ (218,499)	$ (611,798)	$ (1,201,746)	$ (1,431,170)	$ (1,584,119)	$ (1,737,069)	$ (1,868,168)	$ (1,966,493)
Expense	Operating	Commercial-Municipal Costs	$ -	$ -	$ -	$ (46,344)	$ (149,851)	$ (191,903)	$ (191,903)	$ (191,903)	$ (191,903)	$ (191,903)	$ (191,903)
	Total Legacy Farms		$ -	$ -	$ 442,337	$ 906,901	$ 1,037,614	$ 1,000,167	$ 1,168,670	$ 1,298,670	$ 1,428,669	$ 1,535,656	$ 1,618,487
Enhancements
Revenue	Revenue	Revenue Enhancements	$ -	$ 10,000	$ 110,000	$ 135,000	$ 160,000	$ 820,000	$ 1,480,000	$ 2,090,000	$ 2,700,000	$ 3,310,000	$ 3,920,000
Expense	Expense	Expense Reductions	$ -	$ 475,000	$ 195,000	$ 221,500	$ 239,650	$ 259,615	$ 281,577	$ 305,734	$ 332,308	$ 361,538	$ 393,692
	Total Enhancements			$ 485,000	$ 305,000	$ 356,500	$ 399,650	$ 1,079,615	$ 1,761,577	$ 2,395,734	$ 3,032,308	$ 3,671,538	$ 4,313,692	10-Year Total
Grand Total Including Other Revenue Items			(0)	(874,189)	(913,413)	(732,532)	(137,954)	(789,941)	(1,401,365)	(1,757,922)	(1,320,720)	(740,199)	(2,397,089)	(11,065,324)

	delta before other revenue items				$ (526,654)	$ (450,123)	$ 288,039	$ (1,108,056)	$ (1,482,692)	$ (1,142,376)	$ (337,739)	$ (240,904)	$ (2,392,331)

	delta after other revenue items				(39,224)	180,882	594,577	(651,987)	(611,424)	(356,556)	437,201	580,521	(1,656,890)