•	•	•	•	•	•	•	•	•	•	•

C'•e •	V	••.!'.')
••• ••  •• o

Viera East
Community Development
District

Unaudited Financial Reporting
April 30, 2018

•	•	•	•	•	•	•	•	•	•	•	•	•	•	•

TABLE OF CONTENTS
1 	Ba-lan-ceS-h e-et
2-4 ---------------G-en-era-l F-un-d I-nco-me-Sta-te-me-nt

S	_		 Ca

.._p_ital_ R_ e

s_ e_ r v_e_I_nco

_meS

_tatem

e_nt

ReserveCheckRegis ter

6 ----------------Ca-p i-tal --------
7	DebtServiceIncomeStatement
8-11 	G-olf-Co-urs-eI-nco-me-S-tate-me-nt

Month by

Mo nth- General Fund

12-13   --------------------------

14-16   _________ 	 M_onth_b_,.y_Mon_th_-_G_ol_f_C_ou_r_s_e

17   __	 	_________M_on_ th b_y�M_on_ ht-Pros_h_op

FY2018 Tax Receip tSchedule

18  	Long Term DebtR_._epo_rt

19 ---------------------�

___

Asset<

CommunityVDieervaeloEpamstent District
Combined Balance Sheet
April 30, 2018
Governmental Fund

General	Cap_ltalReserve	DebtService

----

Totals Gal£Cours@l�llo11	(memorandum on�

Operating Account

$486,72-6-

$8,66-9··	--

$488,972	$984,367

Accounts Receivable Assessment Receivable Rent Receivable
Due From Golf Course

--	----	----
-··	----	----
$118,18--5--	--------	----

$4,85--3--
$1,04--0--

$4,853
$0
$1,040
$118,185

Due From General Fund

-··	---

$3--8--

$815

Due From Capital Reserve Due from Debt Service

$--5--

----	----
----

$6,00--0--

$6,000
$5

Due from Other
Inventory · Pro Shop
Investments: State Board

----	----	----

----

-··	$185,14--9--

$2,104	$2,104
$82,959	$82,959
----	$185,149

Benefit Assessment- Serles 2012 Reserve· Series 2012
Bond Service 2006

---

----

----
------

----	-----

----

$2,481,75--4--

$473,742	$473,742

----

$2B1,495	$281,495
$2,481,754

Improvements (Net ofDepreciation) Prepaid Expenses• Debt

----	··-	··-

$61S1717

$193,818

$10,801	----

$1,259,41··6-

$1,259,416
$0

Prepaid Expenses- Operations
!Total Assets

$2,481,791

$103,082	$113,884

$2,704,440

Liabilities
Accounts Payable	$11,95--6--	----	-··
----	$15,573	$27,528	
Accrued Expenses
Deferred Revenue- Season Advance	----	----	$95,522	$95,522	

ss,99S17671

$517

Deferred Revenue• Special Assessments O&M

-··	----	-··

$11,264	$11,264

---	----

Deferred Revenue- Special Assessments Debt Deposit-Divots Grill

-------	------

--
----

$198,432	$198,432
$8,000	$8,000

Due to General Fund Accrued Interest Payable

----	----	$5

$118,185	$118,190
$116,889	$116,889

Accrued Principal Payable

---·-	-··

--------

$190,00--0--

$190,000

Golf Cart Lease Payable Sales Tax Payable Event Deposits
Due to GolfCourse Due to Debt Service Due to Capital Reserve
Accrued Payroll Payable Bonds Payable - Series 2012 Bond Discount
Deferred Loss
Fund Equity

----	--------	--------

--

----

$777	$6,00-0-	-----
$10,730

$13,619

($3,556)

----

---
----

$0
$13,619 ($3,556)
$6,777

----	·-·----
----	··-
--------	$24,992
$4,080,000	$35,722
$4,080,000	
--------	----
·-	-----	($20,623) ($225,134)	($20,623) ($225,134)	

$38

Net Assets
Fund Balances Assigned· First Quarter

----	----	----
$176,000	-----	------

($1,919,237)	($1,919,237)

----

··-	$176,000

Assigned• Prepaid Expenses Unassigned
Restricted for Debt Service

$10,801

----

$405,41--5--

$187,818

----
$2,481,786

··-	$10,801
$593,233
----	$2,481,786

ITotal Liabilities, Fund Equlr:y, Other

$615,717	$193,818	$2,481,791

Page 1

$2,704,440	ss.995,7671

Revenues

Viera East
Community Development District
General Fund
Statement ofRevenues & Expenditures For Period Ending April 30, 2018
Adopted	Prorated Budget	Actual
Bud et	4 30 18	4 30 18	Variance

Maintenance Assessments	$808,157	$763,165	$763,165		$0 Golf Course Administrative Services		$56,280		$32,830		$32,830		$0 Interest Income			$100			$58			$16	($43)
Total Revenues	 	$864,536	$796,053	$796,011     	($42)!
Administrative Expenditures
Supervisors Fees	$30,195	$17,614	$15,771	$1,842
Engineering Fees	$5,000	$2,917	$1,575	$1,342
Attorney's Fees	$5,000	$2,917	$0	$2,917
Dissemination	$1,000	$583	$583	$0

($79)

Trustee Fees	$5,600	$3,267	$3,260	$7
Annual Audit	$6,500	$3,792	$3,871
Collection Agent	$2,500	$1,458	$1,458	($0)
Management Fees	$97,515	$56,884	$56,884	$0
Postage	$2,500	$1,458	$542	$917
Printing & Binding	$4,500	$2,625	$408	$2,217
Insurance- Liability	$7,293	$4,254	$3,952	$302
Legal Advertising	$2,500	$1,458	$0	$1,458
Other Current Charges	$1,500	$875	$478	$397
Office Supplies	$3,000	$1,750	$976	$774
Dues & Licenses	$175	$102	$102	($0)
Information Technology	$3,400	$1,983	$1,983	$0
Total Administrative	$178,178	$103,937	$91,844	s12,093 I

Page2

Operating Expenditures

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending April 30, 2018
Adopted	Prorated Budget	Actual
Bud  et	4 30 18	4 30 18	Variance

Salaries	$131,660	$76,802	$75,998		$804 Administrative Fee		$1,199		$699		$827	($128)
FICA Expense	$10,072	$5,875	$5,680
Employee Insurance	$7,667	$4,472	$4,513	($40)
Workers Compensation	$2,581	$1,506	$1,583
Unemployment	$853	$498	$777
Other Contractual	$6,500	$3,792	$4,406	($615)
Training	$500	$292	$0	$292
Uniforms			$500		$292		$0			$292 Total Operating	 	$161,532	$94,227	$93,785		$442 1
Maintenance Expenditures
Canal Maintenance	$11,000	$6,417	$4,764	$1,653
Lake Bank Restoration	$60,000	$35,000	$0	$35,000
Environmental Services	$27,000	$15,750	$4,234	$11,516
Water Management System	$99,000	$57,750	$55,774	$1;976
Control Burns	$15,000	$8,750	$0	$8,750
Contingencies	$9,000	$5,250	$970	$4,280

$45

Fire Line Maintenance	$5,000	$2,917	$2,653	$264
Basin Repair	$4,000	$2,333	$2,289
Total Maintenance	$230,000	$134,167	$68,439	$6s,12a 1

Page3

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending April 30, 2018
Adopted	Prorated Budget	Actual
Bud et	4 30 18	4 30 18	Variance
Grounds Maintenance Expenditures

($34)

Salaries	$145,559	$84,909	$84,440	$469 Administrative Fees		$3,289		$1,919		$1,953
FICA	$11,135	$6,495	$6,080	$416
Health Insurance	$24,205	$14,120	$16,366	($2,246)
Workers Compensation	$2,853	$1,664	$1,756	($92)
Unemployment	$2,132	$1,244	$1,684	($440)
Telephone	$2,000	$1,167	$3,062	($1,895)
Utilities	$7,700	$4,492	$3,094	$1,398
Property Appraiser	$1,990	$1,161	$1,986	($825)
Insurance	$1,359	$793	$683	$110
Repairs	$14,000	$8,167	$7,932	$234
Fuel	$16,500	$9,625	$1,039	$8,586
Park Maintenance	$3,000	$1,750	$1,704	$46
Sidewalk Maintenance	$5,000	$2,917	$5,245	($2,329)
Chemicals	$5,000	$2,917	$1,009	$1,908
Contingencies	$6,000	$3,500	$1,867	$1,633
Refuse	$9,000	$5,250	$3,321	$1,929
Office Supplies	$1,000	$583	$350
Uniforms	$3,000	$1,750	$1,412	$338
Rain Bird Pump System	$18,500	$10,792	$9,151	$1,641 Maintenance Reserve • Transfer Out	$11,604		$6,769	$6,769		$0
Total Grounds Maintenance	 	$294,826	$171,982	$160,785		s11,191  I
Total Expenditures	$864,536	$504,313	$414,853	se9,46o I
Excess Revenue/(Expenditures)	$0	$381,158
Beginning Fund Balance	$0	$211,058
Ending Fund Balance	$0	$592,216

Page4

Viera East
Community Development District
Capital Reserve Fund Statement of Revenues & Expenditures
For Period Ending April 30, 2018

Revenues

Interest Income

Adopted Bud et

$250

Prorated Budget 4 30 18

$146

Actual 4 30 18

$1,683

Variance

$1,537

Reserve Funding - Transfer In (General)	$11,604		$6,769 Reserve Funding - Transfer In (Golf)	$30,899	$18,025
Total Revenues	$42,7S3	$24,939
Expenditures
Capital Outlay	$125,000	$66,689
Transfer Out	$0	$0
Tota) Expenditures	 	$125,000	$66,689	

Excess Revenues/(Expenditures)
Beginning Fund Balance	$785,491
Ending Fund Balance	$703,244

Page5

$6,769
$20,826
$29,278

$66,689
$0
$66,689

{$37,411}

$225,229

$187,818

$2,802
$4,338 1

$0
$0
$0 I

Viera East Community Development District
Capital Reserve Fund Capital Outlay Check Register Detail
For Period Ending April 30, 2018
CbeckDate	Vendor	Detail
C.apital Outlay
FY2018

Amount

10/20/17 Regions Bank 12/4/17 Landirr 12/4/17 Regions Bank 1/25/18 Don Bo, Inc 2/22/18 Don Bo, Inc

Wire Transfer Fee Sprinkler Heads Contract Wire Transfer Fee
Form & Pour Cart Path Form & Pour Cart Path

$	15.00
$	54,863.00
$	15.00
$	5,796.00
$	6,000.00

Total

$	66,689.00

Page 6

Viera East
Community Development District
Debt Service Fund Statement of Revenues & Expenditures
For Period Ending April 30, 2018

Revenues
Special Assessments

Adopted	Prorated Budget		Actual Bud et		4  30  18	4 30 18

Interest Income	$100	$58	$1,373	$1,315	
Total Revenues	$2,423,270	$2,288,325	$2,289,640	s1,31s 1	
Ex enditures					

$2,423,170	$2,288,267	$2,288,267

Variance

$0

Series 2006 lnterest-11/1
lnterest-5/1 Principal-5/1
Other Debt Service Costs
Total Expenditures

$291,669	$291,669	$291,669
$291,669	$0	$0
$1,810,000	$0	$0
$46,873	$0	$0
$2,440,211	$291,669	$291,669

$0
$0
$0
$0
so I

Excess Revenues/(Expenditures)	

($16,941)	$1,997,971	
Beginning Fund Balance	

$466,966	$483,815	
Ending Fund Balance	$450,026	$2,481,786	

Page?

Viera East Community Development District
Golf Course/Recreation Fund - Operations Statement ofRevenues & Expenditures For Period Ending April 30, 2018

Number of Rounds
Paid Rounds Member Rounds Comp Rounds Total Memberships

Adopted BudRet

37,250
10,000
6,000
60

Current Month

II

Actuals	Bud11et

4,314	3,833

557

638	1,029
617
2

Variance  II
481
(391)
(60)

Revenue per Round		
Paid Rounds	$35	$33		($4}		$37	($3}	
Revenues								
Greens Fees/Cart Fees	$1,296,290	$140,871	$139,351	$1,519	$882,938	$895,736	($12,799}	
Gift Cards - Sales	$25,000	$1,592	$2,688	($1,096}	$8,558	$17,275	($8,717)	
Gift Cards - Usage	($25,000}	($1,689)	($2,688}	$998	($13,524)	($17,275)	$3,751	
Season Advance/Trail Fees	$210,000	$15,390	$22,575	($7,185)	$118,687	$145,110	($26,423)	
Associate Memberships	$42,000	$2,607	$4,515	($1,908)	$25,675	$29,022	($3,347)	
Driving Range	$72,000	$9,331	$7,740	$1,591	$51,740	$49,752	$1,988	
Golf Lessons
Merchandise Sales	$2,100
$115,000	$175
$11,790	$226
$12,363	($51)	$1,225
$76,773	$1,451
$79,465	($226)
($2,692)	
Restaurant	$10,000	$2,083	$1,075	$1,008	$16,055	$6,910	$9,145	
Special Assessments - Operations	$22,527	$1,877	$1,876	$1	$13,141	$13,135		

2

Year-to-Date
Actuals	Bud11et	Variance

25,726	24,280	1,446
4,829	6,518	(1,689)
4,137	3,911	226
60	(15}

$36

Miscellaneous Income
Total Revenues	I
GolfCourse Expenditures

Printing & Binding	$1,000	$1,020	$83	($937)	$2,324	$583	($1,741)	
Utilities	$5,000		$417	($180)	$2,969	$2,916		
Repairs & Maintenance	$7,000	$450	$583	$133	$5,306	$4,082	($1,224)	
Advertising	$45,000	$6,873	$3,749	($3,125)	$30,905	$26,240	($4,666)	
Bank Charges	$30,500	$4,281	$2,541	($1,741)	$20,352	$17,785	($2,567}	
Office Supplies	$1,500	$252	$125	($127)	$1,628	$875	($753)	
Operating Supplies	$9,500	$216	$791	$576	$1,918	$5,539	$3,621	
Dues, Licenses & Subscriptions	$2,000	$13	$167	$154	$4,965	$1,166	($3,799)	
Drug Testing - All Departments	$500	$0	$42	$42	$356	$292	($65)	
Training. Education & Employee Relations	$2,500	$340	$208	($131)	$3,474	$1,458	($2,017)	
Contractual Security	$5,000	$120	$417	$297	$1,831	$2,916	$1,085	
IT Services	$3,000	$257	$250	($7)	$1,566	$1,749	$184	
Total Golf Course Expenditures	I  		$16,151	$11,683	($4,46�11 	$88,116	$81,784	($6,33 1)1	

Other Contractual Services Telephone/Internet Postage

$15,000
s1.184,911I I

$18,000
$9,308
$450

$1,745	$1,250
$185,772	$190,970

$1,167	$1,499

$37

$433	$775
$132

$496
!SS,199)11 

$333

$342 ($94)

$12,300	$8,747

$5
$3,554

$1,193,567	$1,2291328	($3S,762}1

$6,506	$10,496	$3,989

($925)

$2,828	$5,427	$2,600
$1,188	$262

$597

$140,2S&l j

Page  8

Viera East
GolCfoCmoumrsuen/RityecDreeavteiolonpFmunednt• ODpisetrraictitons Statement of Revenues & Expenditures For Period Ending April 30, 2018

Restaurant Expenditures
Utilities Pest Control
Equipment Lease
Total Restaurant Expenditures	I
GolfOperation Expenditures
Salaries Administrative Fee FICA Expense Health Insurance
Workers Compensation

Ado   ed

:;	II

Bu   et

$9,000
$1,800
$1,100
$11,9001 1

$222,204
$12,858
$17,253
$4$,446201

Actuals

$738
$128
$89
$955

$18,667
$1,347
$1,428
$38
$389

Current Month Budget

$926
$185
$113
$1,225

$18,516
$1,071
$1,438
$38
$368

Variance  II
$188
$57 s210 1 1
($151)
($275)
$10
$0 ($20)

Year-to-Date
Actuals	Budget	Variance

$5,484	$5,866	$382
$128	$1,173	$1,045
$542	$717	$175
$6,155	$7,756	s1,6oz 1

$117,809	$129,614	$1 1,804
$9,128	$7,500	($1,628)
$9,023	$10,064	$1,041
$266	$269	$3
$2,457	$2,578	$122

Unemployment

$9,322

$0	$777

$252

$0	$5,438	$$528922

Golf Printing Utilities

$500
$20,500

$1,708

$42
$1,708

$42
$0

$12,187

$292
$11,958

($228)

Repairs
Pest Control

$250
$1,800

$0
$128

$21
$150

$21
$22

$128

$146	$146
$1,050	$922

Supplies Uniforms

$3,000
$1,500

$1,475
$0

$250
$125

($1,225)
$125

$5,70B	$1,750
$207	$875	$66B

Training. Education & Employee Relations Fuel

$2,000
$500

$0	$167
$42

$167
($$24332)

$1,167	$1,167
$0	$292	$292

Cart Lease
Cart Maintenance Driving Range
Total Golf Operation Expenditures	I
Merchandise Sales
Cost ofGoods Sold

$42,636
$4,000
$10,000
$353,2041 [

$77,000

$3,786
$563
$1,182
$31,236

$8,716

$3,553
$333
$833
$29,433

$6,417

($230) [s1,ao31I I

($349)

($2,300)

$27,156	$24,871	($2,285)

$3,744

$2,333	($1,410)
$5,621	$5,833	$212
$198,289	$206,030	s1,140 I

$52,260	$44,917	($7,343)

Total Merchandise Sales	I

$77,0001 1	$8,716	$6,417	[$2,300)1 1	$52,260	$44,917	{$7,343}1

Page  9

Viera  East Community Development District

Budget

GolfCourse/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending April 30, 2018

 	
Bud et

Current Month
Actuals	Budget

Variance II

Actuals

Year-to-Date	Variance

GolfCourse Maintenance
Salaries Administrative Fees FICA Expense Employee Insurance Workers Compensation
Unemployment

$417,502
$8,698
$$3582,,792557
$8,384
$6,617

$33,108	$34,792

$725

$2,370	$4,913

$779	$2,727
$5 ,286
$688	$699
$551

$1,684

$357

$10

$222,798	$243,543	$20,745
$5,074	($169)
$16,409	$19,091	$2,682
$22,959	$34,390	$11,431
$4,891	$268
$5,369	$3,860	($1,509)

Drug Testing Consulting Fees

$420
$6,000

$0
$500

$500
$208

$0

$35

$208

$0	$245
$4,000	$3,500

($500)
$1,458

Telephone/Internet
Utilities/Water Repairs
Fuel & Oil

$2,500
$25,700
$42,000
$35,000

$2,234	$2,142
$6,414	$3,500
$1,876	$2,917
$257	$125

($2,914)
$1,041 ($132)

$0	$1,458
$14,991	$14,992
$27,296	$24,500

$875

$25,538	$20,417

$1 ($2,796)
($5,121)
($1,187)

Pest Control
Irrigation/Drainage Sand and Topsoil Flower/Mulch Fertil!zer
Seed/Sod

$1,500
$34,000
$17,500
$7,000
$120,000
$14,000

$3,161	$2,833
$1,775	$1,458
$719	$583
$11,659	$10,000
$0	$1,167
$271	$167

($328)
($317)
($136) ($1,659)
$1,167
($104)

$2,062
$10,225
$10,506
$2,408
$74,156
$8,922

$19,833	$9,609
$10,208	($298)
$4,083	$1,675

($755)

$70,000	($4,156)

$219

$8,167
$1,167

Trash Removal
Contingency First Aid Office Suppl!es
Operating Suppl!es Training
Janitorial Supplies Soil & Water Testing
Uniforms Equipment Rental Equipment Lease Small Tools

$2,000
$6,000
$600
$500
$18,000
$500
$800
$1,000
$10,500
$4,000
$148,000
$500

$818	$500
$269	$50
$1,708	$1,$54020

$B3

$0	$67

$B75

$0

$0	$12,333

$514	$333
$13,132
$0	$42

($318)
($219)

$42

$42 ($208)

$83
$361
$333
$42

$10,673	$3,500	($287)

$771

$350

$292
$10,446	$10,500	$54

$987	$467	($404)

$1,291	$292	($82B)

$644

$6,125	$1,689

$4,190	$5B3	$1,935

$0	$86,333	$292

$77,817	$2,333	$8,516
$292

Total Golf Course Maintenance	I

$1,030,903!1 	$881134	$85,909	1s2,2261I 1	$567,199	$601,360	$34,161 I

Page  10

Viera East
GolCfoCmoumrsuen/RityecDreeavteiolonpFmunednt- DOipsetrraictitons StaFteomr ePnetrioofdREenvdeinnugeAsp&rEilx3p0e,n2d0i1tu8res

Administrative Expenditures
Legal Fees Arbitrage Dissemination Trustee Fees Annual Audit
Golf Course Administrative Services

Adopted Budget

II

$1,500
$600
$1,000
$3,750
$1,500
$56,280

Current Month
Actuals	Budget

0
$83

$0	$125

$125	$313

$307	$83

$4,690

$125
$4,690

Variance  11
$125
$0

$5

$0

$0

Year-to-Date
Actuals	Budget	Variance

$875

$0	$875
$350	$350
$583	$583	$0

$875

$2,182	$2,188

$32,830

$875
$32,830

Insurance PropertyTaxes

$71,000
$6,000

$7$,520141	$5,917

($1,294)

$4$40,,686150	$$431,,540107

($1$,731501)

$500

Total Administrative Expenditures	I	$141,6301 1	$12,970	Sll,803	($1,168)1 1	$82,296	$82,618	S322 j

Renewal & Replacement Operating Reserves

$30,899
$0

$4,612	$2,575
$0

($2,037)

$21,64$60

$18,025	($3,621)

$18102S

$0	$0

Total Reserves	I	$30,8991 1	$4,612	S2,S7S	cs2.03nl I	$21,646	[S3,621]1

Total Revenues	I

    S18S,772	$190,970	

(SS,199]1 I

      $1,229,328		(S35,762JI
$1,015,960

Total Expenditures	I

$1!78S,79S1 1      $162,775 	$149,043

,s13,1311I I	$26,5291

Operating Income (Loss)	I
Non Operating Revenues/(Expendltures)
Special Assessments

($878)11	$22,997	$41,927
$558,355	$46,530	$46,530

($18,9301! I	$177,607	$186,839	{$9,232)1

$369

$0	$325,707	$325,707	$0

Interest Income Transfer In

$1,000

[$380,000}

$0

$83
$0	$0

($25)
$0

$583	($214)

{$221,667}

$0	$0	$0

Interest Expense

($178,478)

($14,873)	($14,873)

($0)

($104,1 12)	($104,112)	($0)

Principal Expense

S818

{$31,667}	[$31,667)	$

$298	$512

,sol

Total Non Operating Revenues/(Expendltures) I

l1	S48	$73

1s[2:�1 1	

---

Change In Net Assets	I	sol l $23,044	$42,000	cs18,956J11 	$177,905	$187,351		(S9,446JI

Beginning Net Assets	I 	soll

---	 	

---	II 

{$2,097,142)	I

Ending Net Assets	I

soi l

----	----

Page 11

----	II

($1,919,23I)

Revenues

Viera East General Fund Month to Month
November	Rmmber	1anuaa	Febnal!J:	March	!!J!rll	Hat	June	1ub:	A!!l!!lt	seetembsE	Total

Maintenance Assessments	$261	$171,080	$508,811	$43,681	$12,868	$5,286	$21,178	$0	$0	$0

$0	$763,165

GolfCourse Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0	$0	$0	$0	$0	$32,830

Interest Income	$0	$0	$0	$11	$2	$0

$0	$0	$0	$0	$0	$16

HB�!!A

Total Revenues	I	14,951	HZS,770	!513,501
Administrative Expenditures

H71559	!9,976	!2lj1!!:zt	10	10	fO	10	!O	f796,0ll I

Supervisors Fees	$2,272	$3,293	$1,580	$1,350	$2,503	$2,503	$2,272	$0	$0	$0	$0	$0	$15,771
Engineering Fees	$0	$1,125	$0	$0	$0	$0	$450	$0	$0	$0	$0	$0	$1,575

$83

$542

Attorney's Fees	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

$83

$83
$463

Dissemination

$83

$83	$0	$0	$0	$0	$0	$583

Trustee Fees	$467	$467	$467	$467	$467

$463	$0	$0	$0	$0

$3,260

Annual Audit

$542	$588

$542

$0	$0	$0	$0	$0	$3,871

$575

Collectton Agent	$208	$208	$208	$208	$208	$208	$208	$0	$0	$0

$0	$1,458

Management Fees	$8,126	$8,126	$8,126	$8, 126	$8,126	$8,126	$8,126	so	$0	$0	$0	$0	$56,884

$59

$91

Post:ige	$33	$130	$143

$56

$43	$0	$0	$0	$0	$0

Printing& Binding	$61	$68	$62

$0	$72

$0	$0

$0	$408

Insurance- Liability

$565	$565	$565

$565	$565	$0	$0	$0	$0	$0	$3,952

LegalAdvertising	$0	$0	$0	$0	. $0	$0	$0	$0	$0	$0	$0	$0	$0

Other Current Charges	$74

$85	$0

$62

$0	$0	$0	so	$478

Office Supplies	$265	$250	$250	$20	$150	$20	$20	$0	$0	$0	$0	$0	$976

$15

Dues & Licenses

$15

$0	$0	$0	$0	$0	$102

Information Technology	$283	$283	$283	$283	$283	$283	$283	$0	$0	$0	$0	$0	$1,983

TotalAdministrative	j	111,"-'	ns;p2	5121409	!l!,971
Operating Expenditures

n2,2u	113,257	fO	11!	!O	so	10	$911844 j

Salaries	$11.475	$10,397	$11,213	$10,056	$11,219	Sl0,114	$11,524	$0	so	so	$0	so	$75,998
Administration Fee	$121	$117	S121	$109	$121	$117	$121	$0	$0	so	$0	$0	$827

$756

FICA Expense	$852

$848

$840

$863	$0	so	$0	$0	$0	$5,680

$239

Health Insurance	$580	$430	$732	$586

$674

$0	$0	$0	$0	$0	$4,513

$234

Workers C.Ompensatton

$217	$234	$209

S211	$240	$0	so	$0	$0	so	$1,583

Unemployment	$0	$0	$0	$586	S70	$86	$34	$0	$0	so	$0	so

Other Contractual	$S16	$516	$646	$176	$842

$0	so	$0

$0	$4,406

Training	$0	$0	$0	so	$0	so	so	$0	$0	$0	$0	$0	$0
Unifofflls	$0	$0	$0	$0	$0	so	so	$0	$0	$0	$0	$0	so

Total Operating	I	!ll178l	H�,448	113,794	S12,-473

i12,s1z	Jt4,310	JD	S!!	10	10	H

Page 12

Maintenance Expenditures

Dc:tnber	November	December	Janua!l:

Viera East General Fund Month to Month

Febnaa!I	March	�rll	Max

lnb:

Auest	§!etember

_______I!!!;!I_

Canal Maintenance	$0	$0	$0

$0	so	$0	$0

$0	$0	$0

$4,764

Lake Bank Restoration	$0	so	$0

$0	$0

$0	$0	$0

$0	$0	$0

Environmental Seniices	$0	$3,631	$0	$80

$80	$0	$0

$0	$0	$0

$4,234

$7,765

Water Management System	$7,565

$8,67S	$7,765

$0	$16,440	$7,S6S

$0	$0	$0

$0	so

Control Bums	$0	$0	$0	$0

$0	$0	$0

$0	$0	$0

$0	$0	$0

Contingencies

o	$0	so	$970

$0	$0	$0

$0	$0	$0

$0	$0

Fire Line Maintenance	s

$0	$0	$0

$0	$858	$1,79S

$0	so

$2,653

$17.343

Basin Repair	$0	$0	$0	$0

$0	$45	$0

$0	$0	$0

$4S

Total Maintenance	I	SZ,S65	Stl.396	SB,675	 	

$80

$9.802

so	$0	so

!ID	$0

$68.439 i

Grounds Maintenance Expenditures

Salaries	$12,485	$12,041	$12,460	$11,121

$12,413	$12,082	$11,838

$0	$0

$0	$0

$84,440

Administrative Fees FICA

$276	$2B6	$258

$897

$865	$899	$827

$286	$276	$286
$900	$856	$835

$0	$0	$0
$0	$0

$0	$0
$0	$0

$1,953
$6,080

Health Insurance	$1,800
Workers Compensation

$1,867	$3,877
$251	$2S9	$231

$2,834
$25B

$2.313
$247

$0	$0	$0
$0	$0	$0

$0	$0
$0

$16,366
$1,756

$413

Unemployment	$20	$20	$20	$702

$608	$359	(S46)

$0	$0	$0

$0	$0

$1,684

Telephone

$366	$366	$865

$366	$366	$366	$0

$0	$0

Utilities

$401	$401	$419

$466	$520	$474

$0	$0	$0

so	$0

$3,094

$98

Property Appraiser	$0	$0	$0	$0
Insurance- Property	$98	$98	$98
Repairs	$867	$1,481	$589	$231

$1,986	$0	$0

$98

$98

$98
$796	$190	$3,780

$0	$0	$0
$0	$0	$0
$0	$0

$0	$0

so

$0

$0	so

$1,986
$683
$7,932

Fuel	$0	$0	$210	$403

$136	$0	$291	$0	$0

$0	$1,039

Park Maintenance

$712

$172

$156	S177	$163

$0	$0	$0	so

Sl,704

Sidewalk Repair	$0	$0	$3,265	$0

$1,980	$0	$0

$0	$0	$0

$0	$0

S5,245

$744

aiemlcals	$0	$202	$129	$51

$627

$0	$0

$0	$0	$0

$1,009

$72

Contingencies

$0	$490	$350

$210	$0

$0	$0	$0

so	$0

$1,867

Refuse	$430	$645	$215	$741

$645	$215	$430

$0	$0	so

$0	$0

$3,321

Office Supplies	$0	$0	$0	$0

$0	$0	so

$0	$233

Uniforms	$304
Rain Bird Pump System

$3,104

$199	$182

$967

$0

$182	$182

$967

$967

$1,450	$2,298	SZ,298

$0	$0	$0
$0	$0	$0

$0	$0
$0	$0

$1,412

Maintenance Reserve- TransferOUt	$967	$967	$967
Total GroundsMaintenance	I	$1�1419	$23.004	$22,!189	s:u510

$967

s27.363	s21.335	m,2§5

$0	$0	$0

o

s	so	so

so	$0
so	so

$6,769
Sl60.78S i

Tolal Expenditures	I

562,080	S57.767	5§9.533

su.605

!62,Hi

so	so	so

so	H

li14,l!53 I

$55,774

Excess Revenue/(Expendltures)	I	[!!81810]	$113.690	�55.734      u11,1s11

[154.49!!) (J36176Z)

Page l3

so	so	so

so	so

1301.1s8 I

Number of Rounds

Viera EastGolfcourse Month to Month

October	November	December	tanua!l:	Februa!J:	Marc:b	A£r11	Mat

1u1z	Auest	�tember	Total

Paid Rounds	2,647	3,298	3,234	3,292	4,243	4,698	4,314	0	0	0	0	0	25,726

637
549

Member Rounds	429	694

948	697	786	638	0	0	0	0	0	4,829

Comp Rounds	405	541

$31

Revenue perRound
Paid Rounds

$33

�

688	678	719

0	0	0	0	0	4,137
$0	$0	$0	$0	$0	$237

Greens Fees	$82,152	$107,108	$109,381	$102,291	$160,783	$180,353	$140,871	$0	$0	$0	$0	$0	$882,938

$956

($2,379)

GiftCanis • Sales	$188	$1,019	$3,373	S647
Gift Canis - Usage	($725)	($1,711)	($2,683)

$785	$1,592	$0	$0	$0	so	$0	$8,558
($2,093)	($2,243)	($1,689)	$0	$0	$0	$0	$0	($13,524)

Season Advance/Trail Fees	$16,716	$18,058	$17,058	$17,424	$16,684	$17,357	$15,390	$0	$0	$0

$0	$118,687

Associate Memberships

$4,266	$3,239

$3,950	$3,634	$2,607	$0	$0	$0	$0	$0	$25,675

$175

DrMng Range	$3,816	$6,821

$6,696	$8,578	$9,622	$9,331	$0

$0	$0	$0	$51,740

$175

GolfLessons

$175

$175	$175	$175	$175	$0	$0	$0	$0	so	$1,225

Merchandise Sales	S7,249	$8,801	$12,754	$8,305	$12,684	$15,190	$11,790	$0	$0	$0	$0	so	$76,773

Restaurant

$1,798	$3,695	$2,421	$1,783

S2,083

$0	$0

$0	$16,055

Speclal Assessments • Operations

$1,877	$1,877	$1,877

$1,877	$1,877	$0

$0	$0	$0	$13,141

Mlscellaneous Income	$834	$1,817	$699	$3,028

$1,745	$0	$0	$0	$0	$0	$12,300

Total Revenues	I	S11 51468	$150,030
GqlfCqurse ExP,ndltures:

$146,015	$209�24	$230,618     $185,772	so	$0	so	so	so	$1i!93,S67 I

Other Contractual Services

$681	$1,123

$781

$1,167	$0	$0	$0	$0	$0	$6,506

Telephone/Internet

$289	$497	$393	$448	$374	$433	$0	$0

$0	$0	S2,828

$447

Postage

$0	$253	$0	$250	$107	$132

$0	$0

$1,188

Printing & Binding	so	$81	$645	$578	$0	$0	Sl,020	$0	$0	$0	$0	$0	$2,324

Utilities	$281	$455

$333	$43S	$412	$597	$0	$0	so	$0	so	S2,969

Repairs& Maintenance	$405	$270	$S46	S265	$2,079	$1,291	$450	$0	$0	$0	$0	$0	$5,306

Advertising	$3,585	$1,156	$7,073

$4,879	S4,569	$6,873

$0	$0	$0	$0	$30,905

Bank Charges	Sl,222	$2,149

$3,173	S4,0S3	$4,281	so	$0

so	$20,352

Office Supplies	$191	$134	$Z54	so

$663	$252	$0	$0	$0	$0	$0	$1,628

Operating Supplies	$691	$195	$180	$72	$421	$144	$216	$0	$0	$0	$0	$0	$1,918

$13

Dues, Licenses & Subscriptions

$110	$22	$976	$446	$3,237

$0	so	$0	$0	$0	$4,965

$134

DrugTesting - All Departments	$89	S89	$0	$110	$68	so	$0	$0	$0	$0	$0	so	$356

$3,474

Training. Education & Employee Relations	$142	$0

$0	$26	S340	$0	$0	$0	$0	$0

Contractual Security
IT Services

$1,061	$170	$120	$120	$120
$139	$2S5	$290	$0	$625	S257

So	$0	$0	$0	$0	$1,831
$0	$0	$0	$0	$1,566

Total CoifCourseExpenditures	I	S9i!!46
RestaurantExpenditures:

$17.!!31	$9, 170	$13,396	$16,513	$16,151	$0	So	$0	$0

see, 116 I

Utilities	$804	$773

$891	$788	$801	$738	so

$0	$0	$0	$5,484

PestControl	$0	$0	$0	$0	so	$0	$128	$0	so	$0	$0	$0	$128

Equipment Lease	$89	S91	$91	SI	$91	S91	S89	$0	so	$0	$0

$542

Total RestaurantExpenditures	I	$893	$864	$780	S892

S892	$9S5	$0	$0	so	$0	$0	s6,1ss I

Page 14

GolfOnerations·

VieraEastGolrCourse Month to Month
11<:tober	November	December	January	Febniary	Mardi	April	May	rune	luly	A9"st	September	Total

Administrative Fee	$1,233	$1,239

Salaries	$17,326	$15,066	$15,446	$14,772	$17,893	$18,640	$18,667	$0	$0

$0

FICA Expense	$1,325

$1,307	$1,276	$1,416	$1,309	$1,347	$0
$1,153	$1,182	$1,130	$1,369	$1,437	$1,428	$0	$0

$0

$0

$0

$0

$0	$0

$0	$117,809.48
$0	$9,128.04

$38

Health Insurance	$86	($24)
Workers Compensation	$361

$46	$46
$322	$308

$38	$0	$0	$0	$0

$0

so	so	so

$389

$0	$9,023.20
$0	$266.18

Unemployment	S615

$889

$968	$525	$0

so	$0

$0	$2,456.61

Golf Printing	$0	$0	$0	$0	so

$0	$0	$0	$0	$0

$0	$4,855.41

$0

Utilities	$1,504	$1,808	$1,686	$1,788	$1,793	$1,900	$1,708	$0	$0	$0	$0

$0	$0.00

$0

Repairs	$s0o

$0	$0	$0

$0	so	$0	$0	$0	So

$0	$12,186.75

Pest Control

so	$0	$0	$0	$0	$128	so

$0	$0

$0	SO.OD

$0

Supplies	$191	$102	S599	$91	$1,930	$1,320	$1,475	$0

$0	so

so	$128.45

$0

$0

Unlfonns	$0	$0	$0	$0

$207	$0

$0	$0

$5,707.70
$0

$0

$0
$0

$0
$0

$509

$0

Training, Education & Employee Relations	so

$0	$0	$0	$0	$0	$0	$0

$207.24

Fuel	$0

$0	$0	so	$0	$0

so	$0.00

$0

Cart Lease	$3,550	$3,550	S4,913	$3,786	$3,786	$3,786	$3,786	$0	so	$0

so	$0.00

$934

Cart Maint'enance	$0	$986

$730	$21	$563	$0	$0	$0	$0	$0

$27,155.77

$2�50

Driving Range	$632	$632	($233)	$3,409

$0	$1,182	$0	$0

$3,743.56

$0

$0

$0

$0	$5,621.02

Total GolrOperation Expenditures	I	S26,823
Merchandise Sales:

$26.206

$30,328	$30,018	$31,236	$0	$0	$0	$0	$0	'198,289 1

Cost of Goods Sold	$8,994	$3,136	$10,120	Sl,854	$8,399	$11,041	$8,716	$0

$0

$0	$0	$52,260

Total Merchandise Sales	I	se,994	$31136	$10,120	S11854
MCourse Maintenance:

$11,041	$8,716

$0	$0	$0	so	SSZ,260 I

$754

$779

Administrative Pees

Salaries	$33,113	$31,794	S30,646	$29,409	$33,417	$31,312	$33,108	$0

$0

$723	$721	$781	$704

$0	$0

so	so	$222,798

$0

$0

$5,243

$2,462	$2,249	$2,370	$0	$0	$0	$0	$0	$16,409

FICA Expense	S2,479	$2,380	$2,303	$2,167

$3,544	$3,505	$5,286	so	so	so	$0	$0	$22,959

Employee Insurance	$1,290	$2,054	$2,808	$4,471
Workers Compensation	$686	$660	$636	$612	$692	$649	$688	so	so	$0	$0	$0	$4,623

$957

$0

$0

$0

Unemployment	S175	$191

$1,803	$1,410

$596	so	$0	so

$5,369

Drug Testing	so	$0	$0	so	$0	$0	$0	so	$0	$0	$0	$0
Consuldng Fees	$500	$500	$500	$500	$1,000	$500	$500	$0	$0	$0	$0	$0	$4,000

$0

$0

$0

Telephone/Internet	so	$0

$0	$0

$0	$0	$0

$0	$0

$0

Udlides/Water	S2,008	$2,025	Sl,936	$1,997	$1,865	$2,925	$2,234	$0

so	$0	$14,991

$0

$257

Repairs	$3,883	$3,416	$3,741	$2,102	$2,490

S6,414	$0	$0	$0	so	$0	S27,296

$4,697

Fuel &Oll

S2,619	$3,492	$3,478	$4,360	S5,016	$1,876

$0	$0	$0	$0	$25,538

$0

Pest Control	$247

$247	$550

$257	$0	so	$0

$0	$2,062

lrrlgadon/Dralnage	$1,174	$846	$889	$1,914	$1,199	$1,042	$3,161

$0	$0	$0	$0	$10,225

so

Sand and Topsoil	$549	$1,916	$1,466	Sl,979	$1,901	S920	$1,775	so	$0	$0	$0	$0	$10,506

$0

Flower/Mulch

Sll4
$5,303

so	$1,260

$719	so	$0	so	$0

Fertilizer

$12,709	$11.544	$11,081	$10,415	$11,445	$11,659	so	$0	$0	$0	$0

$2,408

$0
$0

Seed/Sod	$406	$2,477	$2,477	$1,984	$1,579	$0	$0	$0

so	$0	$0

$74,156

$0

$0

$0

Trash Removal	$271

$0	$0	$271

$271	$0

$0

$637
$771

$0	$0

$8,922

Contingency

$1,137

S2,968	$2,901	$1,678	$818

$0	$0	$0	so

$0

FirstAid	$78	$0	$90	$200	$0

$269	$0	$0	$0	$0	$0

$10,673

$0

OfllceSupplles	$0	$0	$0

S526	$245

$0	$0	$0	so	$0

$0

Operating Supplies	$815	$1,289	$811	$947	$2,131	$2,746	$1,708	$0	$0	$0	$0

$0

$709

Training

$360	$0	$112	$110

$0	$0	$0	$0	so	$0

$10,446

$0

S494

Janitorial Supplies	$1,173	$0

$122	$0	$0	so

$0	$0	$0

$1,291

Soil & Water Testing	$0	$0

$0	$0	$0	$0	$0

$1,294

$514

$0

Uniforms	$771	$561	$636	$642	$553

$514

$0	So	$0

Equipment Rental	$492	so	$0	$152	$0	$0	so
Equipment Lease	$12,503	$10,662	$5,966	$8,785	$13,453	$13,315	$13,132	$0

$0	$0	$0

$0

$0

So

$0	$4,190
$0	$644

$0

$811.574

Small Tools	$0	so	$0	$0

so	$0	$0	$0	$0	$0

$0	$77,817

$0

so	$0

Total GolfCourse Maintenance	I	S73.922 	$78,811	$72,285	S79,173

$86,300	$88,134

Page 15

so	$0	$0	$0	ss61,199 I

d�mtn[m:gtlve Exmtruttww·

Viera EastGolfCourse Month to Month

�·

Oruiber	November	December	1anua!X	Feb!:!!!!!I	March

!!I	1une	(Ulf

september	_'l'f1t>l

Legal Fees	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

$83

Arbitrage

$50

$50

$50	$0	$0	$0	$0	$0	$350

Dissemination	$83	$83
Trustee Fees	$313	$313

$83	$83	$83
$313

$0	$0	$0	$0	$0	$583
$0	$0	$0	$0	$0	$2,182

$875

Annual Audit	$125	$125	$125	$125	$125	$125	$125	$0	$0	$0	$0	$0
GolfCourse Administrative SeJVlces	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0	so	$0	$0	$0	$32,830

$5,307

$504

$504

Insurance	$5,266	$5,266	$5,359	$4,S40

$7,716	$7,211	$0	$0	$0	$0	$0	$40,665

Property Taxes

$504	$1,444	$845	$504

$0	$0	$0	$0	$0	$4,810

Tola!Administrative Expenditures	I	Sl l,031	$11,031	$12,064	$101646	su1o,z	$13.481	$12,970	$0	$0	$0	$0	$0	58Z.296 I
Reserves:

Renewal & Replacement	$1,490	$2,309	$3,001	$3,129	$2,920	$4,184	$4,612

$0	$0

$21,646

Operating Reserves	$0

$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Total Reserves	i	u1490	S2�09	5312!!1	S;!i129

54,612	$0	so	$0	$0	$0	$2 1,6-46 (

Total Revenues	i	su51468	$150,030	$1S61441	$146,015	S2D9,Z24	$230,618      $185,772	so	so	$0	$0	$0	51  193 567 (
1 1
Total Expenditures	i	sn2,19e	$128,!10	S14!,-486	$133,293	$15l!.569	$162,430      $162,775	so	so	$0	$0	$0	s1101s1!160 I

OperatingIncome (Loss)	I
Nor.i o�rattmz Rmn1tti1laiJ!egdlnfml:

$21,820	$14,955

$S31656	$68,188	$22,997	$0	$0	$0	$0

un.601 I

Special Assessments • Debt Service	$46,530	$46,530	$46,530	$46,530	$46,530	$46,530	$46,530	$0

$0	$0	$0	$325,707

Interest Income	$62	$6-4	$46	$48	$48	$43

$0	$0	$0	$0	$0	$369

Transfer In	$0	$0	$0	$0	$0	$0	$0	$0	$0
Interest Expense	($14,873)	($14,873)	($14,873)	($14,873)	($14,873)	($14,873)	($14,873)	$0	$0	$0	$0
Principal Expense	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	$0	$0	$0

$0	$0
($104.112)
$0	($221.667)

$33

Tola! NonOperating Revenues/(Expendltures)	I	$51	$54
NetNon Operating Income / (Loss)	I	[$16,6791

$141991

$38	$38

$53,693

$48	$0	so	$0	$0	$0
$23,044	$0	$0	so	$0	$0	$1771905 (

Page 16

Viera East
Community Development District
ProShop
Statement of Revenues & Expenditures

1anua!I

Revenues

October November December

Februa!I

March

Mal	1une	1u11:	AUG!;!!t	Sel!tember	Total

Merchandise Sales	$7,249	$8,801	$12,754	$8,305	$12,684	$15,190	$11,790	$0	$0	$0	$0	$0	$76,773
Total Revenues	I	$7,249 	$8,801	$12,7S4	$8,305	$12,684	$15,190	$11,790	$0	$0	$0	$0	$0	$76,773 I
Expenditures

Cost ofGoods Sold	$8,994	$3,136	$10,120	$1,854	$8,399	$11,041	$8,716

$0	$0	$0	$0	$52,260

Total Expenditures	I	S81994 	Sl,136	$10,120	$1,854	SB1399	Sll,041	$8,716	so	so	$0	so	so	ss2,260 I
OperatingIncome (Loss)	I  ($1,744)	$5,665	S2,634	S6,452	$4,28S	$4,148	SJ,074	so 	$0		so	$0	$0	$24,S13 I

Page 17 

($365,000)

Less: May 1, 2017 Principal

Viera East

$239,334

10% Max Annual Dept

Reserve Fund Requirement:

5/1/2022

Reserve Fund Definition:

Interest Rate:

Community Development District Long Term Debt Report

Series 2006 Water Management Refunding Bonds

Maturity Date:

5.750%

Bonds outstanding - 9/30/2016

($1,710,000)

Current Bonds Outstandine:

$10 145 000

$281,495

$279,239

50% Max Annual Dept

Reserve Fund Requirement:

Reserve Fund Balance:

5/1/2026

Reserve Fund Definition:

Interest Rate:

$11,855,000

Less: May 1, 2017 Principal

$239,334

Reserve Fund Balance (1):

This value is covered by the Debt Service Reserve Fund Surety Bond and is not a cash balance on the District's balance sheet.

Series 2012 Special Assessment Revenue Bonds

Maturity Date:

2.5% to 5%

Bonds outstanding - 9/30/2016

$4,445,000

Current Bonds Outstandine:

$4,080 000

Page 18 

Viera East
Community Development District
Special Assessment Receipts - FY201B

Date	I	Net	I	Gen Fund	I	Debt Svc 2006	I	Rec Fund	I	Total

783

$

10120111	i $	1,231 l $	2-6-1-;l�$-	------;-.---- 188--;-i! -',-$  	1,...,2_3-1 1

11/14/17	i $	61,124 i $	12,958 ! $ -

38,852 $

9-,3-14   $	61,124

11/27/17	i $	745,889 i $	158,122 l $

-4----'74,'--112-+.,.-$

--_c1;.o1c;3..,.!-65_4 ¼-,-i $  	7.:..c.:45:.c::;;,88�9

12/19/17	i $	379,495 l $	80,450  l $	241,220      $	57,825   $	379,495

12112111......-lJ......�!.�?.2!�.?.!..L.t.............�.?:�!��.!.L�.................!!?.����s   $	3  7,89s l $	2,020,6s1
1/10/18	! $	204,534 ! $	43,359 ! $	.    130,009-+-$'-	ii;-166-;--$	- 204,534 1
1/30/18	l $	1,515 i $	3-2-1 +! �$-- -��96-3   $    ----' 23-1   $-	-l.:..,5_1_5

4/1	i

2/7/2018 (1)	l $	60,700 i $	12,868 i $	38,583   $	9,249     $	60,700
3/6/18	i $	24,935  $	5,286 l $	15,849 i $	3,799    $	24,935
1/2018 (?.L.. ! $	99,902.4�.p..............

-·..···....................... .:

···················----':.------------,-------+------1

:

.................■--------------1:

t...................................t............................ 	................1·················..	--··
..................-;''----------+------ 	--t

$	3,599,975 $

Assessed

Net

::.:.':'.�.'""'!L: '!::��j

763,165 $	2,288,267 $

Percentage

Collected

'·�::::;J;: :::: !; : :...

Recreation Fund   ! $	580,882   !	15.24% ! $	548,543  ! $

�=i;:A=sses:sments

548,543 $

Transferred

Assessments

3,599,975

Transfer

Balance to

Outstanding

Assessments

134,903

1	i	i	1

(533,320) l

223 $

32,339

1,:.::;�: ! $	15,Sil,   ;

44,992

$	3,812,209	100.00%  $	3,599,975   $	(3,521,251)  $

(1) Represents Distribution less Postage Billing deductions from February 7, 2018 distribution
(1) Represents Distribution less Postage Billing deductionsfrom April 11, 2018 distribution

Page 19

78,724 $

212,234

Revenues:

Viera East Community Development District

Actuals	Actuals	Year to Date	Year to DateI

Golf Course/Recreation Fund- Operations Prior Month/Year Comparison

4/30/1 7	4/30/1 8	Variance	4/30/1 7	4/30/1 8	Variance

$	1 30,039	$	1 40,871	$	1 0,832	$ 840,751	$ 882,938	$	42, 1 87

Greens Fees

$	$	1 ,592	$	653	$	7,397	$	8,558	$	1, 1 62

Gift Cards - Sales Gift Cards - Usage
Season Advance/Trail Fees

$	(1 ,427)	$	(1 ,689)	$	(262)	$	(1 6,1 89)	$	(1 3,524)	$	2,665
$	1 8,41 5	$	1 5,390	$	(3,024)	$	132,530	$	11 8,687	$	(1 3,843)
1 ,343	$	2,607	$	1 ,264	$	20,540	$	25,675	$	5, 1 35

Associate Memberships	$$	7,881	$	9,331	$	1 ,450	$	46,258	$	51 ,740	$	5,482

1 75

Driving Range

$	$	1 75	$	-	$	1 ,270	$	1 ,225	$

Golf Lessons Merchandise Sales Restaurant
Special Assessments - Operations

$	11 , 1 30	$	11 ,790	$	660	$	80,074	$	76,773	$	(3,301) 
$	860	$	2,083	$	1 ,223	$	7,650	$	1 6,055	$	8,405

$	$	$$		$	$	1 0.001 

1 ,877	1 ,877	-	1 3,141	1 3,141	$
 	92	 $	1 745 	1 .653	 $	2.299       $	12 300     $	

Miscellaneous Income

$$	121  324	$	1 851,772	$	1 4.448	$ 1 ,1 3 5,721 	$ 1 .1 931567	$	57,846

Total Revenues	1	1

Expenditures:

$	11 ,356	$	1 7,867	$	(6,51 1)	$	87,22 1	$	89,832	$	(2,61 1) 

955

Golf Course Expenditures

$	1 ,020	$

$	66	$	6,585	$	6, 1 55	$	43 1

Restaurant Golf Operations
Merchandise Sales
Golf Course Maintenance

$	25,352	$	31 ,236	$	(5,884)	$	1 73,859	$	1 98,289	$	(24,43 1) 
$	5,634	$	8,71 6	$	(3,082)	$	56,1 44	$	52,260	$	3,884
$	79,706	$	88,1 34	$	(8,428)	$	528,358	$	567, 1 99	$	(38,841 )
$	11 ,885	$	1 2,970	$	(1 ,086)	$	78,709	$	82,296	$	(3, 587)

Administrative Reserves

$	4,1 18	$	4161 2	$	(495}	$	21 ,425
1 39.071	$	1 64.492	$	(25.420}	$	952,301

  $	21 .646      $	(221l
$ 1 01 7,677	$	(65,376}

Total Expenditures	$	1
Operating lncorne/{Loss)	$	32.253	$	21 ,280	$	(1 01973}	$	1 831420	$	1 751890	$	(7,530}

Viera  East  Cash Flow Analysis  FY 2018

October November December

I.  Cash Flows:	 	

Restaurant $

Rev���ourse

11 §.468 I S    1§0.030    s   1§6.4A1    s   1"46".0'1 5   $    209,224   $      230,618   $     185,772

Course Operations  $   �-,-1�4'.,./:-.:1�1 I .'h:   �'.:,:::   :    '.c",:"'.:  :

,•.,·,• l ;J>•

1,,,•�Ma I ,tJ•

J•,O"�"O" I ;z,•

$

$

781  $	641   $	710	505	19,537

StartiCanrgryFFuonrwdsard	II'$    -6----5,,.--3-1--3 ll1$.- ----,, 1I-.   -7-0.,40·2·1I1 -$-

Actuals     	     	

J!.,"IJ!.1   $	1, 783  $	3,539   $	2,083

 I

I	I	I

January	February	March	April 85.357 I$		9s,oao 1 $ 151 ,735 I$ 220,234 I

14..1.ti94 $ 207,442 $ 227,079 $ 183,689

I	May	I

$	1 50,799

I $	243,231 1 $

$	149,954 $

Projections

I	I	I

139,520  $	114,846  $	127,007	90,879	1,816,618

June	July	August	September	Totals 245,331 1 $		236,088 l$		202,339 l $		180,668 l

138,739 $	114,205 $	126,297	90, 374	1, 797,081

TotalAll Cash[�j $   198,612JTA6,843 j $    2ffiITT$    307,304 ]$    382,353 I$  406,006]    I$   394.030 jf"- 384,851 I$	350-;934 I$	329,346 I$� 271,546 i $�618 I
�Golf Course	   132,198    $    128,210    $     141,486    $     133,293    $    155,569    $     162,119    $    162,775	$      148,700    s     148,762    $	148,596    $	148,678    $	147,63   4    $    1,758,018

Course Operations

131,305 $

127,346 $

140, 706 $

132,400   $   154,690   $    161,227  $  161,820      $	147,694 $

147, 833  $	147,833 $

147,833 $

147,033 $ 1, 747, 720

Restaurant $

893 $

864 $

780 $

879  $	892  $ 	955	$

1, 006 $

845 $

601  $	10,298

Cash Less Expanses!$

48,582 ! $

70,402 I$

65,357 ! S

98,080 Is 151, 735 i$ 220,234 I$ 243,231 I !$ 24s,331 I s

236,088 !$	202.339 !$

180,668! $

123,912 !

Projected Revenues FY 2018 Projected Expenses FY 2018

$    1,875168,,6018

$

Projected Surplus(Deficlt) FY 2018

$	58, 599

599

$29.04

$35.59

Viera East Community Development District
Detailed Rounds of Golf Report
Apr-18
PY · PREVIOUS YEAR	
Rounds of Golf						PY	PY		Vs. PY	Vs. PY	
	Monthly		Year to Date			Monthly	Year to Date		Monthly	Year to Date	
Paid Rounds											
Rounds of Golf- Associate Member	611	11%	3,361	10%			2,645		214	716	
Rounds of Golf- CDD Resident	903	16%	6,270	19%			6,450			·180	
Rounds of Golf • Public	1,658	30%	11,567	34%		1,106	7,347		552	4,220	
Rounds of Golf • Golf Now / EZ Links		13%	3,096	9%		1,047	5,621		-324	·2,52S	
Rounds of Golf- Tournaments	473		1,085	3%		586	1,773		-113	-688	
Rounds of Golf- Misc		0%		0%		111	797		·111	.797	
Rain Check Issued		-1%	321	-1%		-52	-459		·2	138	
Total Paid Rounds	4,314		25,058			4,133	24,174		181	884	
Member Rounds											
Rounds of Golf · Members	617	11%	4,513	13%		803	5,774		-186	·1,261	
Total Member Rounds	617					803	5,774		-186	-1,261	
Com Rounds											
Rounds of Golf- Staff/Comp	193	4%	1,010	3%		149	1,043		44	.33	
Rounds of Golf· GolfNow EZ Links • Trade	228	4%	1,905	6%		333	2,242		-105		
Rounds ofGolf- Other Comp	136	2%	1,117	3%		117	1,137		19	-20	
Total Comp Rounds	557		4,032				4,422		-42	-390	
TOTAL ROUNDS OF GOLF	5,488	100%	33,603	100%		5,535	34,370		-47	-767	
								
I			
Revenues						PY	PY		Vs. PY	Vs. PY	
	Monthly		Year to Date			Monthly	Year to Date		Monthly	Year to Date	
Greens Fee Revenue											
Rounds of Golf- Associate Member	$21,984	16%	$129,283	15%		$14,182	$97,321		$7,802	$31,962	
Rounds of Golf- COD Resident	$26,219	19%	$193,443	22%		$26,951	$198,501			($5,058)	
Rounds of Golf · Public	$56,413	41%	$411,672	47%		$36,565	$269,336			$142,336	
Rounds of Golf • Golf Now / EZ Links	$20,579	15%	$115,284	13%		$34,717	$205,617		($14,138)	($90,333)	
Rounds of Golf- Tournaments	$13,280	10%	$36,169	4%		$18,604	$58,885		($5,324)	($22,716)	
Rounds of Golf- Misc	$0	0%	$0	0%		$3,133	$26,591		($3,133)	($26,591)	
Rain Check Issued	($1,404)	-1%	($8,265)	-1%		($1,113)	($8,222)		($291)	($43)	
TOTAL GREENS FEE REVENUE	$137,071	100%	$877,586	100%		$133,039	$848,029		$4,032	$29,557	
								
I			
Average �l:!!!r Round of Golf						PY	PY		Vs. PY	Vs. PY	
	Monthly		Year to Date			Monthly	Year to Date		Monthly	Year to Date	
Avera1e�l!!!lr round of Golf Rounds of Golf- Associate Member Rounds ofGolf• CDD Resident
Rounds of Golf • Public	$35.98
$34.02		$38.47
$30.85			
$28.73
$33.06	
$30.78
$36.66		$0.26
$0.30
$0.96	$1.67
$0.08 ($1.07)	
Rounds of Golf • Golf Now / EZ Links	$28.46	$37.24	$33.16	$36.58	($4.70)	$0.66	
Rounds of Goll· Tournaments	$28.08	$33.34	$31.75	$33.21	($3.67)	$0.12	
Rounds ofGolf- Misc	$0.00	$0.00	$28.23	$33.36	($28.23)	($33.36)	
Rain Check Issued	$26.00	$25.75	$21.40	$17.91	$4.60	$7.83	
TOTAL • Average $ per round of Golf	$31.77	$35.02	$32.19	$35.08	($0.42)	($0.06)	
			PY	PY	Vs. PY	Vs. PY	
	Monthly	Year to Date	Monthly	Year to Date	Monthly	Year to Date	
Membership Revenue Average $ per round of Golf	$15,390
$24.94		$118,684
$26.30			$18,415
$22.93	$132,530
$22.95		($3,025)
$2.01	($13,846)
$3.35