CHANGE IN FUNDS DRAFT no comment 110806

Green Valley Recreation 2007 Annual BudgetStatement of Revenues and ExpensesAs Approved by the Board of Directors 11/08/2006 2007 2007 2007 2007 2006 Budget Change % ChangeOperating Replacement Addition Consolidated Consolidated% of OP % of Repl % of Add Fund Fund Fund Total Total Year-to-Year Year-to-YearREVENUES 94% 6%86.63% 31.09% Member Dues 4,627,034 313,166 4,940,200 4,733,140 207,060 4.37%2.29% Life Care, Transfer, Tenant Fees 122,106 122,106 156,274 34,168 -21.86%0.46% Facility Rent 24,750 24,750 21,800 2,950 13.53%5.81% Programs 310,200 310,200 298,450 11,750 3.94%4.24% Instructional 226,500 226,500 189,250 37,250 19.68%0.16% Advertising 8,400 8,400 6,045 2,355 38.96%0.41% Miscellaneous Income 22,090 22,090 41,535 19,445 -46.82%50.23% Capital: Initial Fee 105,000 105,000 202,132 97,132 -48.05%54.25% Capital: New Member Fee 546,408 0 546,408 940,230 393,822 -41.89%2.26% 1.91% Capital: Communication Income 22,724 4,000 26,724 30,000 3,276 -10.92%12.41% 47.86% Interest Income 124,952 100,048 225,000 125,004 99,996 79.99%100.00% 100.00% 100.00% TOTAL REVENUES $ 5,341,080 $ 1 ,007,250 $ 209,048 $ 6 ,557,378 $ 6,743,860 186,482 -2.77%DECREASE% Of OP % of Repl % of Add EXPENDITURES54.32% Wages and Benefits 2,901,284 2,901,284 2,748,872 152,412 5.54%0.73% Procurement, Recognition 38 ...