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Stonegate Village Metropolitan District <br />STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN <br />FUND BALANCES -BUDGET AND ACTUAL -DEBT SERVICE FUND <br />For the Year Ended December 31, 2006 <br />REVENUES <br />Property taxes <br />Specific ownership taxes <br />Bond proceeds <br />Bond premium <br />Interest income <br />Total revenues <br />EXPENDITURES <br />Debt service: <br />Principal <br />Interest <br />Issuance costs <br />County treasurer's fees <br />Transfer to Capital Project Fund <br />Paying agent fees <br />Miscellaneous <br />Total expenditures <br />Excess (deficiency) of revenues over <br />expenditures <br />Fund balance -January 1, 2006 <br />Fund balance -December 31, 2006 <br />Original Final Variance <br />Budgeted Budgeted Favorable <br />Amounts Amounts Actual Unfavorable) <br />$ 1,932,144 $ 1,932,295 $ 1,918,628 $ (13,516) <br />170,000 170,000 193,479 23,479 <br />- 34,575,000 34,575,000 34,575,000 <br />- 3,500,000 1,940,477 1,940,977 <br />225,000 335,000 310,019 85,019 <br />2,327,144 40,512,295 38,938,103 36,610,959 <br /> <br />1,500,000 31,633,350 31,633,350 - <br />1,716,493 ],716,493 1,716,493 - <br />- 400,000 383,127 16,873 <br />28,982 28,982 29,721 (739) <br />- ] 4,206,175 12,653,445 1,552,730 <br />- 10,000 3,240 6,760 <br />10,000 5,000 2,939 2,061 <br />3,255,475 48,000,000 46,422,315 1,577,685 <br /> <br />(928,331) (7,487,705) (7,484,212) 3,493 <br />8,027,623 8,027,623 <br />$ 7,099,292 $ 539,918 <br />8,084,414 56,791 <br />$ 600,202 $ 60,284 <br />24 <br />