Viera East
Community Development District

Unaudited Financial Reporting
August 31, 2018

TABLE OF CONTENTS

1 	Balance Sheet

2-4 	General Fund Income Statement

 	Capital Reserve Income Statement

 	Capital Reserve Check Register

 	Debt Service Income Statement

8-11 	Golf Course Income Statement

12-13 	Month by Month- General Fund

14-16 	Month by Month- Golf Course

17 		Month by Month- Proshop 18 			Long Term Debt Report 19 	FY2018 Tax Receipt Schedule

Viera East
Community Development District
Combined Balance Sheet August 31, 2018
Governmental Fund Types
Totals
General	Capital Reserve	Debt Service	 Golf Course/Recreation	 (memorandum only) 
Assets
Operating Account	
$341,416	
$8,662	
7777	
$379,399	
$729,477	
Accounts Receivable	7777	7777	7777	$8,236	$8,236	
Assessment Receivable	7777	7777	7777	7777	$0	
Rent Receivable	7777	7777	7777	$732	$732	
Due From Golf Course	$143,000	7777	7777	7777	$143,000	
Due From General Fund	7777	7777	7777	$1,714	$1,714	
Due From Capital Reserve	7777	7777	7777	$6,000	$6,000	
Due from Debt Service	$5,995	7777	7777	$22,922	$28,917	
Due from Other	7777	7777	7777	$2,104	$2,104	
Inventory 7 Pro Shop	7777	7777	7777	$78,198	$78,198	
Investments:
State Board	
7777	
$192,638	
7777	
7777	
$192,638	
Benefit Assessment7 Series 2012	7777	7777	7777	$87,001	$87,001	
Reserve 7 Series 2012	7777	7777	7777	$280,418	$280,418	
Bond Service 2006	7777	7777	$497,849	7777	$497,849	
Bond Service 2012				$1,323	$1,323	
Improvements (Net of Depreciation)	7777	7777	7777	$1,259,416	$1,259,416	
Prepaid Expenses7 Debt	7777	7777	7777	$31,666	$31,666	
Prepaid Expenses7 Operations	$3,326	7777	7777	$39,449	$42,775	
Total Assets	$493,736	$201,301	$497,849	$2,198,579	$3,391,464	
Liabilities						
Accounts Payable	$74,921	$2,137	7777	$39,107	$116,164	
Accrued Expenses	7777	7777	7777	$167	$167	
Deferred Revenue7 Season Advance	7777	7777	7777	$62,779	$62,779	
Deferred Revenue7 Special Assessments O&M	7777	7777	7777	$1,877	$1,877	
Deferred Revenue7 Special Assessments Debt	7777	7777	7777	$67,299	$67,299	
Deposit7Divots Grill	7777	7777	7777	$2,000	$2,000	
Due to General Fund	7777	7777	$5,995	$143,000	$148,995	
Accrued Interest Payable	7777	7777	7777	$52,056	$52,056	
Accrued Principal Payable	7777	7777	7777	7777	$0	
Golf Cart Lease Payable	7777	7777	7777	7777	$0	
Sales Tax Payable	7777	7777	7777	$10,674	$10,674	
Event Deposits	7777	7777	7777	($3,561)	($3,561)	
Due to Golf Course	$1,714	$6,000	$22,922	7777	$30,636	
Due to Debt Service	7777	7777	7777	7777	$0	
Due to Capital Reserve	7777	7777	7777	7777	$0	
Accrued Payroll Payable	$8,563	7777	7777	$19,949	$28,512	
Bonds Payable 7 Series 2012	7777	7777	7777	$4,080,000	$4,080,000	
Bond Discount	7777	7777	7777	($20,623)	($20,623)	
Deferred Loss	7777	7777	7777	($225,134)	($225,134)	
Fund Equity						
Net Assets	7777	7777	7777	($2,031,011)	($2,031,011)	
Fund Balances
Assigned 7 First Quarter	
$176,000	
7777	
7777	
7777	
$176,000	
Assigned 7 Prepaid Expenses	$3,326	7777	7777	7777	$3,326	
Unassigned	$229,212	$193,164	7777	7777	$422,376	
Restricted for Debt Service	7777	7777	$468,932	7777	$468,932	
Total Liabilities, Fund Equity, Other	$493,736	$201,301	$497,849	$2,198,579	$3,391,464	
Page 1

	Adopted
Budget	Prorated Budget
8/31/18	Actual
8/31/18	
Variance	
Revenues					
Maintenance Assessments	$808,157	$808,157	$808,157	$0	
Golf Course Administrative Services	$56,280	$51,590	$51,590	$0	
Interest Income	$100	$92	$16	($76)	
Total Revenues	$864,536	$859,838	$859,762	($75)	
Administrative Expenditures					
Supervisors Fees	$30,195	$27,679	$25,652	$2,027	
Engineering Fees	$5,000	$4,583	$3,690	$893	
Attorney's Fees	$5,000	$4,583	$928	$3,655	
Dissemination	$1,000	$917	$917	$0	
Trustee Fees	$5,600	$5,133	$5,113	$20	
Annual Audit	$6,500	$5,958	$6,171	($213)	
Collection Agent	$2,500	$2,292	$2,292	($0)	
Management Fees	$97,515	$89,389	$89,389	$0	
Postage	$2,500	$2,292	$670	$1,622	
Printing & Binding	$4,500	$4,125	$668	$3,457	
InsuranceP Liability	$7,293	$6,685	$6,210	$475	
Legal Advertising	$2,500	$2,292	$0	$2,292	
Other Current Charges	$1,500	$1,375	$1,110	$265	
Office Supplies	$3,000	$2,750	$1,240	$1,510	
Dues & Licenses	$175	$160	$160	$0	
Information Technology	$3,400	$3,117	$3,117	$0	
Total Administrative	$178,178	$163,330	$147,326	$16,004	

	Adopted
Budget	Prorated Budget
8/31/18	Actual
8/31/18	
Variance	
Operating Expenditures					
Salaries	$131,660	$120,688	$120,420	$269	
Administrative Fee	$1,199	$1,099	$1,333	($234)	
FICA Expense	$10,072	$9,233	$9,015	$218	
Employee Insurance	$7,667	$7,028	$7,208	($180)	
Workers Compensation	$2,581	$2,366	$2,625	($259)	
Unemployment	$853	$782	$913	($131)	
Other Contractual	$6,500	$5,958	$6,824	($866)	
Training	$500	$458	$0	$458	
Uniforms	$500	$458	$0	$458	
Total Operating	$161,532	$148,071	$148,337	($266)	
Maintenance Expenditures					
Canal Maintenance	$11,000	$10,083	$11,329	($1,246)	
Lake Bank Restoration	$60,000	$55,000	$0	$55,000	
Environmental Services	$27,000	$24,750	$4,314	$20,436	
Water Management System	$99,000	$90,750	$80,479	$10,271	
Control Burns	$15,000	$13,750	$0	$13,750	
Contingencies	$9,000	$8,250	$970	$7,280	
Fire Line Maintenance	$5,000	$4,583	$3,053	$1,531	
Basin Repair	$4,000	$3,667	$455	$3,211	
Total Maintenance	$230,000	$210,833	$100,600	$110,234	

	Adopted
Budget	Prorated Budget
8/31/18	Actual
8/31/18	
Variance	
Grounds Maintenance Expenditures					
Salaries	$145,559	$133,429	$133,387	$42	
Administrative Fees	$3,289	$3,015	$3,146	($131)	
FICA	$11,135	$10,207	$9,572	$635	
Health Insurance	$24,205	$22,188	$25,313	($3,125)	
Workers Compensation	$2,853	$2,615	$3,100	($485)	
Unemployment	$2,132	$1,954	$1,772	$182	
Telephone	$2,000	$1,833	$4,526	($2,693)	
Utilities	$7,700	$7,058	$4,764	$2,294	
Property Appraiser	$1,990	$1,824	$1,986	($162)	
Insurance	$1,359	$1,246	$1,073	$173	
Repairs	$14,000	$12,833	$11,601	$1,232	
Fuel	$16,500	$15,125	$16,235	($1,110)	
Park Maintenance	$3,000	$2,750	$4,420	($1,670)	
Sidewalk Maintenance	$5,000	$4,583	$5,245	($662)	
Chemicals	$5,000	$4,583	$1,767	$2,816	
Contingencies	$6,000	$5,500	$1,867	$3,633	
Refuse	$9,000	$8,250	$4,231	$4,019	
Office Supplies	$1,000	$917	$233	$684	
Uniforms	$3,000	$2,750	$2,799	($49)	
Rain Bird Pump System	$18,500	$16,958	$18,345	($1,386)	
Maintenance Reserve P Transfer Out	$11,604	$10,637	$10,637	$0	
Total Grounds Maintenance	$294,826	$270,257	$266,019	$4,238	
					
Total Expenditures	$864,536	$792,491	$662,283	$130,209	
					
Excess Revenue/(Expenditures)	$0		$197,480		
					
Beginning Fund Balance	$0		$211,058		
					
Ending Fund Balance	$0		$408,538		

Capital Reserve Fund Statement of Revenues & Expenditures
For Period Ending August 31, 2018

	Adopted
Budget	Prorated Budget
8/31/18	Actual
8/31/18	
Variance	
Revenues					

Interest Income	
$250	
$229	
$3,046	
$2,817	
Reserve Funding > Transfer In (General)	$11,604	$10,637	$10,637	$0	
Reserve Funding > Transfer In (Golf)	$30,899	$28,324	$31,734	$3,410	
Total Revenues	$42,753	$39,190	$45,417	$6,227	

Expenditures					
Capital Outlay	$125,000	$77,483	$77,483	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$77,483	$77,483	$0	
					
Excess Revenues/(Expenditures)	($82,247)		($32,066)		
					
Beginning Fund Balance	$785,491		$225,229		
					
Ending Fund Balance	$703,244		$193,164		

Viera  East Community Development District

Check Date	Vendor	Detail	Amount

Capital Reserve  Fund Capital Outlay Check Register Detail For Period Ending August 31, 2018
Capital Outlay

10/20/17 Regions Bank	Wire Transfer Fee	$	15.00	
12/4/17 Landirr	Sprinkler Heads Contract	$	54,863.00	
12/4/17 Regions Bank	Wire Transfer Fee	$	15.00	
1/25/18 Don Bo, Inc	Form & Pour Cart Path	$	5,796.00	
2/22/18 Don Bo, Inc	Form & Pour Cart Path	$	6,000.00	
6/21/18 Wesco Turf, Inc	Golf Cart Repairs	$	6,723.18	
7/19/18 Regions Bank	Wire Transfer Fee	$	15.00	
7/19/18 Golf Specialties	Work on #9 Tee	$	1,918.51	
9/7/18 Pike Creek Turf, Inc	Tee Box Project	$	2,137.00	

al	 $	77,482.69 	

FY2018

Tot

Viera East
Community Development District
Debt Service Fund Statement of Revenues & Expenditures
For Period Ending August 31, 2018

	Adopted
Budget	Prorated Budget
8/31/18	Actual
8/31/18	
Variance	
Revenues					
Special Assessments	$2,423,170	$2,423,170	$2,423,170	$0	
Interest Income	$100	$92	$2,157	$2,066	
Total Revenues	$2,423,270	$2,423,262	$2,425,327	$2,066	

Expenditures					
Series 2006 InterestB11/1	
$291,669	
$291,669	
$291,669	
$0	
InterestB5/1	$291,669	$291,669	$291,669	$0	
PrincipalB5/1	$1,810,000	$1,810,000	$1,810,000	$0	
Other Debt Service Costs	$46,873	$46,873	$46,873	$0	
Total Expenditures	$2,440,211	$2,440,211	$2,440,211	$0	

Excess Revenues/(Expenditures)	($16,941)	($14,883)	
			
Beginning Fund Balance	$466,966	$483,815	
			
Ending Fund Balance	$450,026	$468,932	

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	YearLtoLDate
Budget	
Variance	

Number of Rounds
Paid Rounds	
37,250	
3,048	
2,645	
403	
37,453	
35,369	
2,084	
Member Rounds	10,000	421	710	(289)	6,580	9,495	(2,915)	
Comp Rounds	6,000	537	426	111	6,025	5,697	328	
Total Memberships	60	3	C	3	55	60	(5)	
Revenue per Round
Paid Rounds	
$35	
$30	
$29	
$0	
$33	
$35	
($2)	
Revenues								
Greens Fees/Cart Fees	$1,296,290	$90,867	$77,777	$13,090	$1,225,494	$1,228,235	($2,740)	
Gift Cards C Sales	$25,000	$534	$1,500	($966)	$11,856	$23,688	($11,831)	
Gift Cards C Usage	($25,000)	($1,071)	($1,500)	$429	($17,650)	($23,688)	$6,037	
Season Advance/Trail Fees	$210,000	$14,019	$12,600	$1,419	$171,875	$198,975	($27,100)	
Associate Memberships	$42,000	$2,054	$2,520	($466)	$36,142	$39,795	($3,654)	
Driving Range	$72,000	$5,652	$4,320	$1,332	$71,257	$68,220	$3,037	
Golf Lessons	$2,100	$175	$126	$49	$1,925	$1,990	($65)	
Merchandise Sales	$115,000	$12,857	$6,900	$5,957	$124,379	$108,963	$15,417	
Restaurant	$10,000	$1,372	$600	$772	$21,545	$9,475	$12,070	
Special Assessments C Operations	$22,527	$1,877	$1,879	($2)	$20,650	$20,648	$2	
Miscellaneous Income	$15,000	$760	$1,251	($491)	$14,814	$13,749	$1,065	
Total Revenues	$1,784,917	$129,097	$107,973	$21,124	$1,682,287	$1,690,049	($7,763)	

Golf Course Expenditures								
Other Contractual Services	$18,000	$1,349	$1,501	$152	$11,052	$16,499	$5,447	
Telephone/Internet	$9,308	$393	$776	$383	$4,528	$8,532	$4,004	
Postage	$450	$293	$38	($255)	$1,987	$412	($1,575)	
Printing & Binding	$1,000	$0	$83	$83	$2,324	$917	($1,407)	
Utilities	$5,000	$575	$417	($158)	$4,665	$4,583	($82)	
Repairs & Maintenance	$7,000	$853	$584	($269)	$7,492	$6,416	($1,076)	
Advertising	$45,000	$5,370	$3,753	($1,617)	$46,617	$41,247	($5,370)	
Bank Charges	$30,500	$2,047	$2,544	$497	$30,870	$27,956	($2,913)	
Office Supplies	$1,500	$158	$125	($33)	$2,542	$1,375	($1,167)	
Operating Supplies	$9,500	$874	$792	($81)	$3,493	$8,708	$5,215	
Dues, Licenses & Subscriptions	$2,000	$213	$167	($46)	$7,751	$1,833	($5,918)	
Drug Testing C All Departments	$500	$46	$42	($4)	$494	$458	($35)	
Training, Education & Employee Relations	$2,500	$302	$209	($93)	$4,753	$2,292	($2,462)	
Contractual Security	$5,000	$133	$417	$284	$2,324	$4,583	$2,259	
IT Services	$3,000	$170	$250	$80	$2,631	$2,750	$119	
Total Golf Course Expenditures	$140,258	$12,775	$11,698	($1,078)	$133,523	$128,560	($4,962)	

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	YearLtoLDate
Budget	
Variance	

Restaurant Expenditures
Utilities	
$9,000	
$931	
$639	
($292)	
$8,904	
$8,546	
($359)	
Pest Control	$1,800	$0	$128	$128	$128	$1,709	$1,581	
Equipment Lease	$1,100	$92	$78	($14)	$906	$1,044	$138	
Total Restaurant Expenditures	$11,900	$1,023	$845	($178)	$9,939	$11,299	$1,360	

Golf Operation Expenditures								
Salaries	$222,204	$18,006	$18,516	$510	$185,522	$203,679	$18,157	
Administrative Fee	$12,858	$1,342	$1,071	($270)	$14,536	$11,786	($2,750)	
FICA Expense	$17,253	$1,378	$1,438	$60	$14,204	$15,815	$1,611	
Health Insurance	$461	$38	$38	$0	$394	$423	$28	
Workers Compensation	$4,420	$514	$368	($146)	$4,272	$4,052	($220)	
Unemployment	$9,322	$610	$777	$167	$7,518	$8,545	$1,027	
Golf Printing	$500	$0	$42	$42	$0	$458	$458	
Utilities	$20,500	$1,649	$1,708	$60	$19,210	$18,792	($418)	
Repairs	$250	$0	$21	$21	$161	$229	$68	
Pest Control	$1,800	$0	$150	$150	$128	$1,650	$1,522	
Supplies	$3,000	$234	$250	$16	$8,269	$2,750	($5,519)	
Uniforms	$1,500	$192	$125	($67)	$1,897	$1,375	($522)	
Training, Education & Employee Relations	$2,000	$0	$167	$167	$0	$1,833	$1,833	
Fuel	$500	$0	$42	$42	$0	$458	$458	
Cart Lease	$42,636	$3,786	$3,553	($233)	$40,154	$39,083	($1,071)	
Cart Maintenance	$4,000	$86	$333	$248	$5,794	$3,667	($2,127)	
Driving Range	$10,000	$1,763	$833	($930)	$7,805	$9,167	$1,362	
Total Golf Operation Expenditures	$353,204	$29,597	$29,433	($165)	$309,863	$323,761	$13,898	

Merchandise Sales								
Cost of Goods Sold	$77,000	$10,553	$6,417	($4,136)	$84,299	$70,583	($13,716)	
Total Merchandise Sales	$77,000	$10,553	$6,417	($4,136)	$84,299	$70,583	($13,716)	

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	YearLtoLDate
Budget	
Variance	

Golf Course Maintenance
Salaries	
$417,502	
$36,169	
$34,792	
($1,377)	
$357,400	
$382,710	
$25,310	
Administrative Fees	$8,698	$913	$725	($188)	$8,579	$7,973	($606)	
FICA Expense	$32,727	$2,604	$2,727	$123	$26,122	$30,000	$3,878	
Employee Insurance	$58,955	$3,948	$4,913	$965	$38,602	$54,042	$15,440	
Workers Compensation	$8,384	$1,320	$699	($622)	$8,515	$7,685	($830)	
Unemployment	$6,617	$171	$551	$380	$6,165	$6,066	($100)	
Drug Testing	$420	$0	$35	$35	$0	$385	$385	
Consulting Fees	$6,000	$500	$500	$0	$5,500	$5,500	$0	
Telephone/Internet	$2,500	$0	$208	$208	$0	$2,292	$2,292	
Utilities/Water	$25,700	$1,956	$2,142	$185	$22,741	$23,558	$817	
Repairs	$42,000	$4,450	$3,500	($950)	$40,675	$38,500	($2,175)	
Fuel & Oil	$35,000	($7,796)	$2,917	$10,713	$35,428	$32,083	($3,345)	
Pest Control	$1,500	$257	$125	($132)	$2,833	$1,375	($1,458)	
Irrigation/Drainage	$34,000	$3,060	$2,833	($227)	$21,475	$31,167	$9,692	
Sand and Topsoil	$17,500	$1,262	$1,458	$196	$17,195	$16,042	($1,153)	
Flower/Mulch	$7,000	$719	$583	($135)	$7,376	$6,417	($959)	
Fertilizer	$120,000	$11,890	$10,000	($1,890)	$119,225	$110,000	($9,225)	
Seed/Sod	$14,000	$709	$1,167	$457	$13,341	$12,833	($507)	
Trash Removal	$2,000	$135	$167	$31	$1,488	$1,833	$345	
Contingency	$6,000	$818	$500	($318)	$14,016	$5,500	($8,516)	
First Aid	$600	$0	$50	$50	$915	$550	($365)	
Office Supplies	$500	$0	$42	$42	$1,311	$458	($853)	
Operating Supplies	$18,000	$2,045	$1,500	($545)	$17,099	$16,500	($599)	
Training	$500	$0	$42	$42	$2,876	$458	($2,418)	
Janitorial Supplies	$800	$0	$67	$67	$1,294	$733	($561)	
Soil & Water Testing	$1,000	$0	$83	$83	$987	$917	($71)	
Uniforms	$10,500	$604	$875	$271	$6,198	$9,625	$3,427	
Equipment Rental	$4,000	$0	$333	$333	$644	$3,667	$3,023	
Equipment Lease	$148,000	$13,469	$12,333	($1,136)	$132,347	$135,667	$3,320	
Small Tools	$500	$0	$42	$42	$0	$458	$458	
Total Golf Course Maintenance	$1,030,903	$79,206	$85,909	$6,702	$910,349	$944,994	$34,646	

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	YearLtoLDate
Budget	
Variance	

Administrative Expenditures
Legal Fees	
$1,500	
$0	
$125	
$125	
$0	
$1,375	
$1,375	
Arbitrage	$600	$0	$50	$50	$450	$550	$100	
Dissemination	$1,000	$83	$83	$0	$917	$917	$0	
Trustee Fees	$3,750	$307	$313	$5	$3,410	$3,438	$27	
Annual Audit	$1,500	$125	$125	$0	$1,375	$1,375	$0	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	$51,590	$51,590	$0	
Insurance	$71,000	$7,211	$5,917	($1,294)	$69,508	$65,083	($4,425)	
Property Taxes	$6,000	$504	$500	($4)	$6,827	$5,500	($1,327)	
Total Administrative Expenditures	$141,630	$12,920	$11,803	($1,118)	$134,077	$129,828	($4,250)	

Renewal & Replacement	
$30,899	
$2,130	
$2,575	
$445	
$32,554	
$28,324	
($4,229)	
Operating Reserves	$0	$0	$0	$0	$0	$0	$0	
Total Reserves	$30,899	$2,130	$2,575	$445	$32,554	$28,324	($4,229)	
								
Total Revenues	$1,784,917	$129,097	$107,973	$21,124	$1,682,287	$1,690,049	($7,763)	
								
Total Expenditures	$1,785,795	$148,205	$148,678	$473	$1,614,603	$1,637,350	$22,747	
								
Operating Income (Loss)	($878)	($19,108)	($40,705)	$21,596	$67,684	$52,699	$14,984	
Non Operating Revenues/(Expenditures)								
Special Assessments	$558,355	$44,377	$46,530	($2,153)	$509,673	$511,825	($2,153)	
Interest Income	$1,000	$72	$83	($12)	$713	$917	($203)	
Transfer In	$0	$0	$0	$0	$0	$0	$0	
Interest Expense	($178,478)	($14,873)	($14,873)	($0)	($163,605)	($163,604)	($0)	
Principal Expense	($380,000)	($31,667)	($31,667)	($0)	($348,333)	($348,333)	($0)	
Total Non Operating Revenues/(Expenditures)	$878	($2,091)	$73	($2,165)	($1,552)	$804	($2,357)	
								
Change in Net Assets	$0	($21,200)	($40,632)	$19,432	$66,131	$53,504	$12,627	
								
Beginning Net Assets	$0	LLLL	LLLL	LLLL	($2,097,142)	LLLL	LLLL	
								
Ending Net Assets	$0	LLLL	LLLL	LLLL	($2,031,011)	LLLL	LLLL	

	October	November	December	January	February	March	April	May	June	July	August	September	Total	
Revenues														
Maintenance Assessments	$261	$171,080	$508,811	$43,681	$12,868	$5,286	$21,178	$4,263	$34,681	$0	$6,047	$0	$808,157	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0	$51,590	
Interest Income	$0	$0	$0	$11	$2	$0	$3	$0	$0	$0	$0	$0	$16	
Total Revenues	$4,951	$175,770	$513,501	$48,382	$17,559	$9,976	$25,871	$8,953	$39,371	$4,690	$10,737	$0	$859,762	

Administrative Expenditures														
Supervisors Fees	$2,272	$3,293	$1,580	$1,350	$2,503	$2,503	$2,272	$3,754	$1,138	$2,459	$2,529	$0	$25,652	
Engineering Fees	$0	$1,125	$0	$0	$0	$0	$450	$0	$450	$1,665	$0	$0	$3,690	
Attorney's Fees	$0	$0	$0	$0	$0	$0	$0	$522	$0	$406	$0	$0	$928	
Dissemination	$83	$83	$83	$83	$83	$83	$83	$83	$83	$83	$83	$0	$917	
Trustee Fees	$467	$467	$467	$467	$467	$463	$463	$463	$463	$463	$463	$0	$5,113	
Annual Audit	$542	$542	$542	$588	$542	$542	$575	$575	$575	$575	$575	$0	$6,171	
Collection Agent	$208	$208	$208	$208	$208	$208	$208	$208	$208	$208	$208	$0	$2,292	
Management Fees	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$0	$89,389	
Postage	$33	$130	$143	$77	$56	$59	$43	$36	$31	$21	$41	$0	$670	
Printing & Binding	$61	$68	$62	$54	$0	$72	$91	$67	$0	$75	$118	$0	$668	
InsuranceN Liability	$565	$565	$565	$565	$565	$565	$565	$565	$565	$565	$565	$0	$6,210	
Legal Advertising	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Other Current Charges	$74	$77	$85	$135	$0	$45	$62	$266	$138	$69	$160	$0	$1,110	
Office Supplies	$265	$250	$250	$20	$150	$20	$20	$77	$146	$20	$20	$0	$1,240	
Dues & Licenses	$15	$15	$15	$15	$15	$15	$15	$15	$15	$15	$15	$0	$160	
Information Technology	$283	$283	$283	$283	$283	$283	$283	$283	$283	$283	$283	$0	$3,117	
Total Administrative	$12,994	$15,232	$12,409	$11,971	$12,997	$12,984	$13,257	$15,040	$12,222	$15,034	$13,186	$0	$147,326	

Operating Expenditures														
Salaries	$11,475	$10,397	$11,213	$10,056	$11,219	$10,114	$11,524	$10,509	$11,574	$11,078	$11,260	$0	$120,420	
Administration Fee	$121	$117	$121	$109	$121	$117	$121	$113	$134	$129	$129	$0	$1,333	
FICA Expense	$852	$771	$848	$750	$840	$756	$863	$787	$877	$827	$843	$0	$9,015	
Health Insurance	$580	$430	$732	$586	$839	$674	$674	$461	$886	$674	$674	$0	$7,208	
Workers Compensation	$239	$217	$234	$209	$234	$211	$240	$252	$316	$167	$308	$0	$2,625	
Unemployment	$0	$0	$0	$586	$70	$86	$34	$0	$0	$136	$0	$0	$913	
Other Contractual	$516	$516	$646	$176	$842	$854	$854	$213	$409	$1,101	$695	$0	$6,824	
Training	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Uniforms	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Total Operating	$13,783	$12,448	$13,794	$12,473	$14,165	$12,812	$14,310	$12,336	$14,196	$14,112	$13,909	$0	$148,337	

Page 12

	October	November	December	January	February	March	April	May	June	July	August	September	Total	

Maintenance Expenditures														
Canal Maintenance	$0	$0	$0	$4,764	$0	$0	$0	$0	$0	$6,566	$0	$0	$11,329	
Lake Bank Restoration	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Environmental Services	$0	$3,631	$0	$80	$80	$0	$443	$80	$0	$0	$0	$0	$4,314	
Water Management System	$7,565	$7,765	$8,675	$7,765	$0	$16,440	$7,565	$7,765	$8,675	$8,265	$0	$0	$80,479	
Control Burns	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Contingencies	$0	$0	$0	$970	$0	$0	$0	$0	$0	$0	$0	$0	$970	
Fire Line Maintenance	$0	$0	$0	$0	$0	$858	$1,795	$0	$0	$0	$400	$0	$3,053	
Basin Repair	$0	$0	$0	$0	$0	$45	$0	$411	$0	$0	$0	$0	$455	
Total Maintenance	$7,565	$11,396	$8,675	$13,578	$80	$17,343	$9,802	$8,255	$8,675	$14,831	$400	$0	$100,600	

Grounds Maintenance Expenditures														
Salaries	$12,485	$12,041	$12,460	$11,121	$12,413	$12,082	$11,838	$11,204	$12,831	$12,390	$12,523	$0	$133,387.47	
Administrative Fees	$286	$276	$286	$258	$286	$276	$286	$267	$315	$306	$306	$0	$3,146.39	
FICA	$897	$865	$899	$827	$900	$856	$835	$791	$943	$870	$888	$0	$9,571.67	
Health Insurance	$1,800	$1,395	$1,867	$3,877	$2,834	$2,279	$2,313	$1,859	$2,505	$2,350	$2,232	$0	$25,312.80	
Workers Compensation	$260	$251	$259	$231	$258	$251	$247	$267	$350	$338	$390	$0	$3,100.21	
Unemployment	$20	$20	$20	$702	$608	$359	($46)	$27	$21	$20	$20	$0	$1,772.46	
Telephone	$366	$366	$366	$865	$366	$366	$366	$366	$366	$366	$366	$0	$4,526.04	
Utilities	$413	$401	$401	$419	$466	$520	$474	$401	$578	$310	$381	$0	$4,764.24	
Property Appraiser	$0	$0	$0	$0	$1,986	$0	$0	$0	$0	$0	$0	$0	$1,986.00	
InsuranceN Property	$98	$98	$98	$98	$98	$98	$98	$98	$98	$98	$98	$0	$1,072.50	
Repairs	$867	$1,481	$589	$231	$796	$190	$3,780	$1,482	$561	$980	$646	$0	$11,600.98	
Fuel	$0	$0	$210	$403	$136	$0	$291	$0	$0	$0	$15,196	$0	$16,234.94	
Park Maintenance	$154	$712	$170	$172	$156	$177	$163	$164	$1,697	$694	$160	$0	$4,419.69	
Sidewalk Repair	$0	$0	$3,265	$0	$1,980	$0	$0	$0	$0	$0	$0	$0	$5,245.25	
Chemicals	$0	$202	$129	$51	$627	$0	$0	$0	$522	$0	$236	$0	$1,767.04	
Contingencies	$72	$0	$490	$350	$210	$0	$744	$0	$0	$0	$0	$0	$1,866.52	
Refuse	$430	$645	$215	$741	$645	$215	$430	$215	$215	$240	$240	$0	$4,231.30	
Office Supplies	$0	$0	$0	$15	$0	$218	$0	$0	$0	$0	$0	$0	$232.97	
Uniforms	$304	$182	$199	$182	$182	$182	$182	$227	$191	$518	$451	$0	$2,799.00	
Rain Bird Pump System	$0	$3,104	$0	$0	$1,450	$2,298	$2,298	$2,298	$2,299	$2,298	$2,298	$0	$18,344.66	
Maintenance ReserveN Transfer Out	$967	$967	$967	$967	$967	$967	$967	$967	$967	$967	$967	$0	$10,637.00	
Total Grounds Maintenance	$19,419	$23,004	$22,889	$21,510	$27,363	$21,335	$25,265	$20,634	$24,459	$22,746	$37,394	$0	$266,019	
														
Total Expenditures	$53,761	$62,080	$57,767	$59,533	$54,605	$64,474	$62,634	$56,265	$59,551	$66,723	$64,890	$0	$662,283	
														
Excess Revenue/(Expenditures)	($48,810)	$113,690	$455,734	($11,151)	($37,045)	($54,498)	($36,762)	($47,312)	($20,180)	($62,033)	($54,153)	$0	$197,480	

Page 13

	October	November	December	January	February	March	April	May	June	July	August	September	Total	

Number of Rounds
Paid Rounds	

2,647	

3,298	

3,234	

3,292	

4,243	

4,698	

4,314	

3,174	

2,924	

2,581	

3,048	

0	

37,453	
Member Rounds	429	694	637	948	697	786	638	452	441	437	421	0	6,580	
Comp Rounds	405	541	549	688	678	719	557	420	477	454	537	0	6,025	
Revenue per Round
Paid Rounds	
$31	
$32	
$34	
$31	
$38	
$38	
$33	
$28	
$31	
$28	
$30	
$0	
$354	
Revenues:
Greens Fees	
$82,152	
$107,108	
$109,381	
$102,291	
$160,783	
$180,353	
$140,871	
$89,084	
$90,392	
$72,213	
$90,867	
$0	
$1,225,494	
Gift Cards B Sales	$188	$1,019	$3,373	$647	$956	$785	$1,592	$798	$1,186	$780	$534	$0	$11,856	
Gift Cards B Usage	($725)	($1,711)	($2,683)	($2,379)	($2,093)	($2,243)	($1,689)	($1,113)	($1,110)	($832)	($1,071)	$0	($17,650)	
Season Advance/Trail Fees	$16,716	$18,058	$17,058	$17,424	$16,684	$17,357	$15,390	$13,255	$13,125	$12,789	$14,019	$0	$171,875	
Associate Memberships	$2,449	$4,266	$3,239	$5,530	$3,950	$3,634	$2,607	$5,648	$1,422	$1,343	$2,054	$0	$36,142	
Driving Range	$3,816	$6,821	$6,875	$6,696	$8,578	$9,622	$9,331	$5,279	$4,253	$4,333	$5,652	$0	$71,257	
Golf Lessons	$175	$175	$175	$175	$175	$175	$175	$175	$175	$175	$175	$0	$1,925	
Merchandise Sales	$7,249	$8,801	$12,754	$8,305	$12,684	$15,190	$11,790	$11,045	$11,604	$12,099	$12,857	$0	$124,379	
Restaurant	$737	$1,798	$3,695	$2,421	$1,783	$3,539	$2,083	$1,194	$1,707	$1,216	$1,372	$0	$21,545	
Special Assessments B Operations	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$0	$20,650	
Miscellaneous Income	$834	$1,817	$699	$3,028	$3,848	$329	$1,745	$590	$665	$498	$760	$0	$14,814	
Total Revenues	$115,468	$150,030	$156,441	$146,015	$209,224	$230,618	$185,772	$127,833	$125,297	$106,493	$129,097	$0	$1,682,287	

Golf Course Expenditures:
Other Contractual Services	

$1,319	

$681	

$1,123	

$543	

$781	

$893	

$1,167	

$944	

$794	

$1,457	

$1,349	

$0	

$11,052	
Telephone/Internet	$393	$289	$497	$393	$448	$374	$433	$393	$393	$521	$393	$0	$4,528	
Postage	$447	$0	$253	$0	$250	$107	$132	$250	$144	$113	$293	$0	$1,987	
Printing & Binding	$0	$81	$645	$578	$0	$0	$1,020	$0	$0	$0	$0	$0	$2,324	
Utilities	$281	$455	$457	$333	$435	$412	$597	$440	$219	$462	$575	$0	$4,665	
Repairs & Maintenance	$405	$270	$546	$265	$2,079	$1,291	$450	$680	$363	$291	$853	$0	$7,492	
Advertising	$3,585	$1,156	$7,073	$2,770	$4,879	$4,569	$6,873	$3,149	$3,654	$3,539	$5,370	$0	$46,617	
Bank Charges	$1,222	$2,149	$2,754	$2,720	$3,173	$4,053	$4,281	$3,634	$2,387	$2,450	$2,047	$0	$30,870	
Office Supplies	$191	$134	$254	$0	$134	$663	$252	$439	$188	$130	$158	$0	$2,542	
Operating Supplies	$691	$195	$180	$72	$421	$144	$216	$294	$144	$263	$874	$0	$3,493	
Dues, Licenses & Subscriptions	$161	$110	$22	$976	$446	$3,237	$13	$920	$487	$1,166	$213	$0	$7,751	
Drug Testing B All Departments	$89	$89	$0	$110	$68	$0	$0	$0	$46	$46	$46	$0	$494	
Training, Education & Employee Relations	$142	$0	$2,804	$0	$163	$26	$340	$829	$87	$61	$302	$0	$4,753	
Contractual Security	$120	$1,061	$170	$120	$120	$120	$120	$120	$120	$120	$133	$0	$2,324	
IT Services	$0	$139	$255	$290	$0	$625	$257	$0	$640	$255	$170	$0	$2,631	
Total Golf Course Expenditures	$9,046	$6,808	$17,031	$9,170	$13,396	$16,513	$16,151	$12,092	$9,666	$10,874	$12,775	$0	$133,523	

Restaurant Expenditures:														
Utilities	$804	$773	$689	$891	$788	$801	$738	$753	$897	$839	$931	$0	$8,904	
Pest Control	$0	$0	$0	$0	$0	$0	$128	$0	$0	$0	$0	$0	$128	
Equipment Lease	$89	$91	$91	$1	$91	$91	$89	$91	$91	$91	$92	$0	$906	
Total Restaurant Expenditures	$893	$864	$780	$892	$879	$892	$955	$844	$987	$930	$1,023	$0	$9,939	

Page 14

	October	November	December	January	February	March	April	May	June	July	August	September	Total	

Golf Operations:
Salaries	

$17,326	

$15,066	

$15,446	

$14,772	

$17,893	

$18,640	

$18,667	

$15,824	

$17,733	

$16,149	

$18,006	

$0	

$185,522	
Administrative Fee	$1,233	$1,239	$1,307	$1,276	$1,416	$1,309	$1,347	$1,255	$1,481	$1,330	$1,342	$0	$14,536	
FICA Expense	$1,325	$1,153	$1,182	$1,130	$1,369	$1,437	$1,428	$1,211	$1,357	$1,235	$1,378	$0	$14,204	
Health Insurance	$86	($24)	$35	$46	$46	$38	$38	$13	$38	$38	$38	$0	$394	
Workers Compensation	$361	$314	$322	$308	$373	$391	$389	$376	$484	$441	$514	$0	$4,272	
Unemployment	$615	$425	$441	$889	$993	$968	$525	$815	$657	$580	$610	$0	$7,518	
Golf Printing	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Utilities	$1,504	$1,808	$1,686	$1,788	$1,793	$1,900	$1,708	$1,857	$1,831	$1,687	$1,649	$0	$19,210	
Repairs	$0	$0	$0	$0	$0	$0	$0	$0	$161	$0	$0	$0	$161	
Pest Control	$0	$0	$0	$0	$0	$0	$128	$0	$0	$0	$0	$0	$128	
Supplies	$191	$102	$599	$91	$1,930	$1,320	$1,475	$651	$777	$900	$234	$0	$8,269	
Uniforms	$0	$0	$0	$0	$0	$207	$0	$0	$796	$702	$192	$0	$1,897	
Training, Education & Employee Relations	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Fuel	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Cart Lease	$3,550	$3,550	$4,913	$3,786	$3,786	$3,786	$3,786	$3,786	$1,641	$3,786	$3,786	$0	$40,154	
Cart Maintenance	$0	$986	$509	$934	$730	$21	$563	$1,752	$0	$213	$86	$0	$5,794	
Driving Range	$632	$632	($233)	$3,409	$0	$0	$1,182	$421	$0	$0	$1,763	$0	$7,805	
Total Golf Operation Expenditures	$26,823	$25,250	$26,206	$28,429	$30,328	$30,018	$31,236	$27,959	$26,957	$27,060	$29,597	$0	$309,863	

Merchandise Sales:														
Cost of Goods Sold	$8,994	$3,136	$10,120	$1,854	$8,399	$11,041	$8,716	$11,165	$1,398	$8,923	$10,553	$0	$84,299	
Total Merchandise Sales	$8,994	$3,136	$10,120	$1,854	$8,399	$11,041	$8,716	$11,165	$1,398	$8,923	$10,553	$0	$84,299	

Golf Course Maintenance:
Salaries	

$33,113	

$31,794	

$30,646	

$29,409	

$33,417	

$31,312	

$33,108	

$31,154	

$34,671	

$32,608	

$36,169	

$0	

$357,400	
Administrative Fees	$723	$721	$781	$704	$779	$754	$779	$729	$861	$834	$913	$0	$8,579	
FICA Expense	$2,479	$2,380	$2,303	$2,167	$2,462	$2,249	$2,370	$2,230	$2,572	$2,307	$2,604	$0	$26,122	
Employee Insurance	$1,290	$2,054	$2,808	$4,471	$3,544	$3,505	$5,286	$2,878	$4,927	$3,890	$3,948	$0	$38,602	
Workers Compensation	$686	$660	$636	$612	$692	$649	$688	$743	$942	$887	$1,320	$0	$8,515	
Unemployment	$175	$191	$237	$1,803	$1,410	$957	$596	$456	$142	$27	$171	$0	$6,165	
Drug Testing	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Consulting Fees	$500	$500	$500	$500	$1,000	$500	$500	$0	$500	$500	$500	$0	$5,500	
Telephone/Internet	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Utilities/Water	$2,008	$2,025	$1,936	$1,997	$1,865	$2,925	$2,234	$2,028	$2,137	$1,630	$1,956	$0	$22,741	
Repairs	$3,883	$3,416	$3,741	$2,102	$2,490	$5,249	$6,414	$2,630	$2,163	$4,136	$4,450	$0	$40,675	
Fuel & Oil	$4,697	$2,619	$3,492	$3,478	$4,360	$5,016	$1,876	$7,664	$3,663	$6,359	($7,796)	$0	$35,428	
Pest Control	$247	$247	$247	$550	$257	$257	$257	$257	$0	$257	$257	$0	$2,833	
Irrigation/Drainage	$1,174	$846	$889	$1,914	$1,199	$1,042	$3,161	$3,464	$2,235	$2,492	$3,060	$0	$21,475	
Sand and Topsoil	$549	$1,916	$1,466	$1,979	$1,901	$920	$1,775	$2,288	$1,573	$1,567	$1,262	$0	$17,195	
Flower/Mulch	$0	$114	$0	$0	$1,260	$315	$719	$719	$2,239	$1,291	$719	$0	$7,376	
Fertilizer	$5,303	$12,709	$11,544	$11,081	$10,415	$11,445	$11,659	$6,701	$11,973	$14,506	$11,890	$0	$119,225	
Seed/Sod	$406	$2,477	$2,477	$1,984	$1,579	$0	$0	$2,292	$709	$709	$709	$0	$13,341	
Trash Removal	$271	$135	$0	$0	$271	$0	$271	$135	$135	$135	$135	$0	$1,488	
Contingency	$585	$1,137	$585	$2,968	$2,901	$1,678	$818	$818	$818	$888	$818	$0	$14,016	
First Aid	$78	$0	$90	$200	$0	$0	$269	$0	$115	$163	$0	$0	$915	
Office Supplies	$0	$0	$0	$0	$526	$245	$0	$298	$243	$0	$0	$0	$1,311	
Operating Supplies	$815	$1,289	$811	$947	$2,131	$2,746	$1,708	$774	$2,077	$1,757	$2,045	$0	$17,099	
Training	$0	$360	$0	$112	$110	$709	$0	$489	$369	$728	$0	$0	$2,876	
Janitorial Supplies	$1,173	$0	$0	$122	$0	$0	$0	$0	$0	$0	$0	$0	$1,294	
Soil & Water Testing	$0	$0	$494	$494	$0	$0	$0	$0	$0	$0	$0	$0	$987	
Uniforms	$771	$561	$636	$642	$553	$514	$514	$642	$534	$227	$604	$0	$6,198	
Equipment Rental	$492	$0	$0	$152	$0	$0	$0	$0	$0	$0	$0	$0	$644	
Equipment Lease	$12,503	$10,662	$5,966	$8,785	$13,453	$13,315	$13,132	$13,469	$13,469	$14,122	$13,469	$0	$132,347	
Small Tools	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Total Golf Course Maintenance	$73,922	$78,811	$72,285	$79,173	$88,574	$86,300	$88,134	$82,858	$89,067	$92,019	$79,206	$0	$910,349	

Page 15

Viera East Golf Course Month to Month

	October	November	December	January	February	March	April	May	June	July	August	September	Total	

Administrative Expenditures:
Legal Fees	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	
Arbitrage	$50	$50	$50	$50	$50	$50	$50	$50	$50	$0	$0	$0	$450	
Dissemination	$83	$83	$83	$83	$83	$83	$83	$83	$83	$83	$83	$0	$917	
Trustee Fees	$313	$313	$313	$313	$313	$313	$307	$307	$307	$307	$307	$0	$3,410	
Annual Audit	$125	$125	$125	$125	$125	$125	$125	$125	$125	$125	$125	$0	$1,375	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0	$51,590	
Insurance	$5,266	$5,266	$5,359	$4,540	$5,307	$7,716	$7,211	$7,211	$7,211	$7,211	$7,211	$0	$69,508	
Property Taxes	$504	$504	$1,444	$845	$504	$504	$504	$504	$504	$504	$504	$0	$6,827	
Total Administrative Expenditures	$11,031	$11,031	$12,064	$10,646	$11,072	$13,481	$12,970	$12,970	$12,970	$12,920	$12,920	$0	$134,077	

Reserves:														
Renewal & Replacement	$1,490	$2,309	$3,001	$3,129	$2,920	$4,184	$4,612	$3,715	$2,557	$2,506	$2,130	$0	$32,554	
Operating Reserves	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Total Reserves	$1,490	$2,309	$3,001	$3,129	$2,920	$4,184	$4,612	$3,715	$2,557	$2,506	$2,130	$0	$32,554	
														
Total Revenues	$115,468	$150,030	$156,441	$146,015	$209,224	$230,618	$185,772	$127,833	$125,297	$106,493	$129,097	$0	$1,682,287	
														
Total Expenditures	$132,198	$128,210	$141,486	$133,293	$155,569	$162,430	$162,775	$151,603	$143,602	$155,233	$148,205	$0	$1,614,603	
														
Operating Income (Loss)	($16,731)	$21,820	$14,955	$12,722	$53,656	$68,188	$22,997	($23,770)	($18,305)	($48,740)	($19,108)	$0	$67,684	

Non Operating Revenues/(Expenditures):
Special Assessments B Debt Service	

$46,530	

$46,530	

$46,530	

$46,530	

$46,530	

$46,530	

$46,530	

$46,530	

$46,530	

$46,530	

$44,377	

$0	

$509,673	
Interest Income	$62	$64	$46	$48	$48	$43	$58	$154	$60	$58	$72	$0	$713	
Transfer In	$0	$0	$0	$0	$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)	($14,873)	($14,873)	($14,873)	($14,873)	$0	($163,605)	
Principal Expense	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	$0	($348,333)	
Total Non Operating Revenues/(Expenditures)	$51	$54	$36	$38	$38	$33	$48	$144	$50	$48	($2,091)	$0	($1,552)	
														
Net Non Operating Income / (Loss)	($16,679)	$21,874	$14,991	$12,760	$53,693	$68,221	$23,044	($23,626)	($18,255)	($48,692)	($21,200)	$0	$66,131	

Page 16

Viera East
Community Development District

ProShop
Statement of Revenues & Expenditures

	October	November	December	January	February	March	April	May	June	July	August	September	Total	
Revenues

Merchandise Sales	

$7,249	

$8,801	

$12,754	

$8,305	

$12,684	

$15,190	

$11,790	

$11,045	

$11,604	

$12,099	

$12,857	

$0	

$124,379	
Total Revenues	$7,249	$8,801	$12,754	$8,305	$12,684	$15,190	$11,790	$11,045	$11,604	$12,099	$12,857	$0	$124,379	

Expenditures														
Cost of Goods Sold	$8,994	$3,136	$10,120	$1,854	$8,399	$11,041	$8,716	$11,165	$1,398	$8,923	$10,553	$0	$84,299	
Total Expenditures	$8,994	$3,136	$10,120	$1,854	$8,399	$11,041	$8,716	$11,165	$1,398	$8,923	$10,553	$0	$84,299	
														
Operating Income (Loss)	($1,744)	$5,665	$2,634	$6,452	$4,285	$4,148	$3,074	($120)	$10,206	$3,176	$2,304	$0	$40,080	

Page 17

Viera East
Community Development District Long Term Debt Report

Series 2006 Water Management Refunding Bonds	
Interest Rate:	5.750%	
Maturity Date:	5/1/2022	
Reserve Fund Definition:	10% Max Annual Dept	
Reserve Fund Requirement:	$239,334	
Reserve Fund Balance (1):	$239,334	
Bonds outstanding M 9/30/2016	$11,855,000	
Less: May 1, 2017 Principal	($1,710,000)	
Less: May 1, 2018 Principal	($1,810,000)	
Current Bonds Outstanding	$8,335,000	

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	
Interest Rate:	2.5% to 5%	
Maturity Date:	5/1/2026	
Reserve Fund Definition:	50% Max Annual Dept	
Reserve Fund Requirement:	$279,239	
Reserve Fund Balance:	$280,418	
Bonds outstanding M 9/30/2016	$4,445,000	
Less: May 1, 2017 Principal	($365,000)	
Less: May 1, 2018 Principal	($380,000)	
Current Bonds Outstanding	$3,700,000	

Viera East
Community Development District
Special Assessment Receipts - FY2018

Date	Net	Gen Fund	Debt Svc 2006	Rec Fund	Total	
						
10/20/17	$	1,231	$	261	$	783	$	188	$	1,231	
11/14/17	$	61,124	$	12,958	$	38,852	$	9,314	$	61,124	
11/27/17	$	745,889	$	158,122	$	474,112	$	113,654	$	745,889	
12/12/17	$	2,020,651	$	428,361	$	1,284,395	$	307,895	$	2,020,651	
12/19/17	$	379,495	$	80,450	$	241,220	$	57,825	$	379,495	
1/10/18	$	204,534	$	43,359	$	130,009	$	31,166	$	204,534	
1/30/18	$	1,515	$	321	$	963	$	231	$	1,515	
2/7/2018 (1)	$	60,700	$	12,868	$	38,583	$	9,249	$	60,700	
3/6/18	$	24,935	$	5,286	$	15,849	$	3,799	$	24,935	
4/11/2018 (2)	$	99,902.41	$	21,178	$	63,501	$	15,223	$	99,902	
5/8/18	$	19,924	$	4,224	$	12,664	$	3,036	$	19,924	
5/23/2018 (3)	$	187	$	40	$	119	$	29	$	187	
6/7/18	$	145,260	$	30,794	$	92,332	$	22,134	$	145,260	
6/15/18 (4)	$	18,338	$	3,887	$	11,656	$	2,794	$	18,338	
8/13/2018 (5)	$	268	$	57	$	171	$	41	$	268	
8/31/2018 (6)	$	46,873	$	F	$	46,873	$	F	$	46,873	
8/31/2018 (7)	$	28,912	$	5,990	$	(28,912)	$	22,922	$	F	
						
	$	3,859,737	$	808,157	$	2,423,170	$	599,498	$	3,830,825	

Net
Assessed	
Percentage	Assessments
Collected	Assessments
Transferred	Balance to
Transfer	Assessments
Outstanding	
						
$	F
$	0
$	(18,616)	
Debt Service Fund	$	2,423,170	63.56%
21.20%
15.24%	$	2,423,170	$	(2,423,170)	$	F		
General Fund	$	808,157		$	808,157	$	(808,157)	$	F		
Recreation Fund	$	580,882		$	599,498	$	(599,498)	$	F		
							
	$	3,812,209	100.00% $	3,830,825	$	(3,830,825) $	F	$	(18,616)	

Represents Distribution less Postage Billing deductions from February 7, 2018 distribution
Represents Distribution less Postage Billing deductions from April 11, 2018 distribution
Represents Interest Distribution
2018 Tax Certificate Sale
Represents Interest Distribution
Represents Debt Service Fund Collection Cost
Represents Adjustment for overfunding Debt Service

Viera East Community Development District
Golf Course/Recreation Fund- Operations Prior Month/Year Comparison

Actuals
8/31/17	Actuals
8/31/18	
Variance		Year to Date
8/31/17	Year to Date
8/31/18	
Variance	

Revenues:
Greens Fees	
$70,080	
$	90,867	
$	20,787	
$1,127,791	
$1,225,494	
$	97,703	
Gift Cards - Sales	$658	$	534	$	(124)	$	9,924	$	11,856	$	1,932	
Gift Cards - Usage	($1,843)	$	(1,071)	$	773	$	(22,974)	$	(17,650)	$	5,324	
Season Advance/Trail Fees	$15,173	$	14,019	$	(1,154)	$ 195,016	$ 171,875	$	(23,141)	
Associate Memberships	$1,580	$	2,054	$	474	$	25,468	$	36,142	$	10,673	
Driving Range	$4,607	$	5,652	$	1,045	$	67,501	$	71,257	$	3,756	
Golf Lessons	$175	$	175	$	-	$	1,970	$	1,925	$	(45)	
Merchandise Sales	$7,013	$	12,857	$	5,844	$ 112,985	$ 124,379	$	11,395	
Restaurant	$748	$	1,372	$	624	$	9,679	$	21,545	$	11,866	
Special Assessments - Operations	$1,877	$	1,877	$	-	$	20,650	$	20,650	$	-	
Miscellaneous Income	 	$541 	  $	760 	  $	219 	  $	8,898 	  $	14,814 	  $	5,916 	
Total Revenues	  $	100,610 	  $	129,097 	  $	28,487 	  $1,556,908 	  $1,682,287 	  $	125,378 	
Expenditures:
Golf Course Expenditures	
$	10,189	
$	12,775	
$	(2,586)	
$	128,899	
$	133,523	
$	(4,623)	
Restaurant	$	991	$	1,023	$	(32)	$	10,851	$	9,939	$	912	
Golf Operations	$	28,909	$	29,597	$	(688)	$	275,277	$	309,863	$	(34,586)	
Merchandise Sales	$	3,025		$	10,553		$	(7,528)		$	81,832		$	84,299		$	(2,467)	
Golf Course Maintenance	$	82,692		$	79,206		$	3,486		$	836,038		$	910,349		$	(74,311)	
Administrative	$	11,782		$	12,920		$	(1,139)		$	125,941		$	134,077		$	(8,136)	
Reserves	  $	1,938 		  $	2,130 		  $	(192)		  $	31,533 		  $	32,554 		  $	(1,021)	
Total Expenditures	  $	139,525 		  $	148,205 		  $	(8,680)		  $1,490,371 		  $1,614,603 		  $	(124,232)	
Operating Income/(Loss)	  $	(38,916)		  $	(19,108)		  $	19,807 		  $	66,537 		  $	67,684 		  $	1,146 	

I. Cash Flows:

Actuals

Projections
September

Totals

Starting Funds
Carry Forward
Revenues

Expenses

$	133,310

Viera East Cash Flow Analysis  FY 2018

October	November	December	January	February	March	April	May	June	July	August	

$	65,313	$	48,582	$	70,402	$	85,357	$	98,080	$ 151,735	$ 220,234	$	243,231	$	219,461	$	201,156	$	152,418	

Golf Course	$ 115,468	$ 150,030	$ 156,441	$ 146,015	$ 209,224	$ 230,618	$ 185,772	$	127,833	$	125,297	$	106,493	$	129,097		$	90,879	$ 1,773,165	
Course Operations	$ 114,731	$ 148,232	$ 152,746	$ 143,594	$ 207,442	$ 227,079	$ 183,689	$	126,639	$	123,590	$	105,276	$	127,725		$	90,374	$ 1,751,115	
Restaurant	$	737	$	1,798	$	3,695	$	2,421	$	1,783	$	3,539	$	2,083	$	1,194	$	1,707	$	1,216	$	1,372		$	505	$	22,050	
						
Total All Cash	$ 180,781	$ 198,612	$ 226,843	$ 231,372	$ 307,304	$ 382,353	$ 406,006	$	371,064	$	344,758	$	307,648	$	281,515		$	224,188	$ 1,773,165	

Golf Course	$ 132,198	$ 128,210	$ 141,486	$ 133,293	$ 155,569	$ 162,119	$ 162,775	$	151,603	$	143,602	$	155,231	$	148,205	$	147,634	$ 1,761,924	
Course Operations	$ 131,305	$ 127,346	$ 140,706	$ 132,400	$ 154,690	$ 161,227	$ 161,820	$	150,759	$	142,615	$	154,301	$	147,002	$	147,033	$ 1,751,204	
Restaurant	$	893	$	864	$	780	$	892	$	879	$	892	$	955	$	844	$	987	$	930	$	1,203	$	601	$	10,720	
													
Cash Less Expenses	$	48,582	$	70,402	$	85,357	$	98,080	$ 151,735	$ 220,234	$ 243,231	$	219,461	$	201,156	$	152,418	$	133,310	$	76,554		
											
Projected Revenues FY 2018	
$ 1,773,165	
											Projected Expenses FY 2018	$ 1,761,924	
											Projected Surplus(Deficit) FY 2018	$	11,241	

PY	
PY	
Vs. PY	Vs. PY	
Monthly	Year to Date	Monthly Year to Date	
$29.63	$33.54	$0.90	$2.06	
$22.51	$29.00	$2.58	$0.31	
$25.40	$33.04	$3.13	($0.43)	
$26.82	$33.81	$7.50	$2.70	
$26.83	$31.55	$9.76	$1.74	
#DIV/0!	$31.42	#DIV/0!	($31.42)	
$17.96	$17.66	$2.98	$4.32	
$25.64	$32.43	$3.43	$0.52	
PY	PY	Vs. PY	Vs. PY	
Monthly	Year to Date	Monthly Year to Date	
$15,173	$195,015	($1,562)	($23,553)	
$35.70	$24.20	($3.37)	$3.26	

	Monthly	Year to Date	
Membership Revenue	$13,611	$171,462	
Average $ per round of Golf	$32.33	$27.47	

Average $ per Round of Golf

Average $ per round of Golf	
Monthly	
Year to Date	
Rounds of Golf+ Associate Member	$30.52	$35.60	
Rounds of Golf+ CDD Resident	$25.09	$29.31	
Rounds of Golf + Public	$28.52	$32.60	
Rounds of Golf + Golf Now / EZ Links	$34.32	$36.51	
Rounds of Golf+ Tournaments	$36.59	$33.29	
Rounds of Golf+ Misc	$0.00	$0.00	
Rain Check Issued	$20.93	$21.99	
TOTAL F Average $ per round of Golf	$29.07	$32.95	

Viera East Community Development District
Detailed Rounds of Golf Report
AugF18

Rounds of Golf

PY F PREVIOUS YEAR

Monthly	Year to Date	
Paid Rounds
Rounds of Golf+ Associate Member	
606	
15%	
5,300	
11%	
Rounds of Golf+ CDD Resident	661	17%	8,664	18%	
Rounds of Golf + Public	1,650	41%	18,443	38%	
Rounds of Golf + Golf Now / EZ Links	214	5%	3,964	8%	
Rounds of Golf+ Tournaments	54	1%	1,283	3%	
Rounds of Golf+ Misc	+	0%	+	0%	
Rain Check Issued	+137	+3%	+	865	+2%	
Total Paid Rounds	3,048			36,789		
Member Rounds
Rounds of Golf + Members	
421	
11%		
6,242	
13%	
Total Member Rounds	421			6,242		
Comp Rounds
Rounds of Golf+ Staff/Comp	
151	
4%		
1,571	
3%	
Rounds of Golf+ GolfNow EZ Links + Trade	217	5%		2,720	6%	
Rounds of Golf+ Other Comp	162	4%		1,624	3%	
Total Comp Rounds	530			5,915		
TOTAL ROUNDS OF GOLF	3,999	100%		48,946	100%	

 	

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
412	4,175	194	1,125	
617	8,682	44	+18	
1,365	11,648	285	6,795	
325	7,911	+111	+3,947	
36	2,177	18	+894	
0	1,186	0	+1,186	
+24	+699	+113	+166	
2,731	35,080	317	1,709	

425	
8,057	
+4	
+1,815	
425	8,057	F4	F1,815	

175	
1,610	
+24	
+39	
191	3,249	26	+529	
58	1,525	104	99	
424	6,384	106	F469	
3,580	49,521	419	F575	

Revenues

Greens Fee Revenue	

Monthly		

Year to Date		
Rounds of Golf+ Associate Member	$18,498	21%	$188,675	16%	
Rounds of Golf+ CDD Resident	$16,585	19%	$253,932	21%	
Rounds of Golf + Public	$47,061	53%	$601,325	50%	
Rounds of Golf + Golf Now / EZ Links	$7,345	8%	$144,725	12%	
Rounds of Golf+ Tournaments	$1,976	2%	$42,712	4%	
Rounds of Golf+ Misc	$0	0%	$0	0%	
Rain Check Issued	($2,868)	+3%	($19,020)	+2%	
TOTAL GREENS FEE REVENUE	$88,597	100%	$1,212,349	100%	

PY	
PY	
Vs. PY	Vs. PY	
Monthly	Year to Date	Monthly Year to Date	
$12,206	$140,031	$6,292	$48,644	
$13,887	$251,806	$2,698	$2,126	
$34,665	$384,821	$12,396	$216,504	
$8,717	$267,503	($1,372)	($122,778)	
$966	$68,695	$1,010	($25,983)	
$0	$37,265	$0	($37,265)	
($431)	($12,347)	($2,437)	($6,673)	
$70,010	$1,137,774	$18,587	$74,575