•	•	•	•	•	•	•	•	•	•	•	•

• ·-���•
Viera East
Community Development
District

Unaudited Financial Reporting
December 31, 2017

.	.	.	.	.	.	.	.	.	.	.	�	.	.

TABLE OF CONTENTS

----------------------B-al-anc-e S-he-et 

2 -4 	Ge-n e-r a-l Fu-nd-Inc-om-e-Sta-tem-e-nt
C__._api tal Reserve Income Stateme_nt

Capita l R eserve C he ck Register

----------------D-eb-t S-erv-ci

e-In-co-me-St-ate-me-nt

8-11 -----------------Go-lf C-ou-rse-Inc-om-e-Sta-te-me-nt

12-13 __ 	M_on_t_h_by_Mon_t_h_- _G_en_  er_ a_l_Fu_n_ d_

14-16

M_o_n _th_ by�

"---M_o_n_th_ -_G_ ol_  fC_

_ o_u_rs_  e_

17	Mon t hby M onth- Pr osh op

18 -------------------Lo�ng"---Term Debt Re

por t

19 _ 	_F_Y_2_0_1_8_T_a_x_R_e_ce_  i�p_tS_   _ch_ e_d_u_le_

Viera East
Community Development District
Combined Balance Sheet December 31, 2017
Governmental Fund '!:Y11es
General	�pital Reserve	Debt Service

G.!llf_Course/Recreation	(

Totals

Accounts Receivable	----

AOspseertsating Account	$2,591,306	$14,465	----

Rent Receivable	---	----	---

Assessment Receivable	----	----	----

$6(9$89,,685263)
$83--9--

memorandum only)
$3,3(0$49,,4823)

Due From Golf Course	.	$91,532

----

$91,532

$5

----

Due From General Fund

----

----	----

$606

$606

DDuue fFrroommDCeabptitSaelrRveicseerve

----

----

--------	$5

I	tory - Pro Shop	----	----

Due from Other	----	----	----

State Board	---	$165,459	----

Investments:
Benefit Assessment- Series 2012	----	----

$8$10,,3598
$1,072

$8$01,35798
$16$51,045729

BReosnedrvSeer-vSiceeri2e0s026012	----

----	$2,231,70--6--

$281,30--9--

$2$,2381,,73069

Prepaid Expenses- Debt

Improvements (Net of Depreciation)	----
----

----

----

$1,259,41--6--

$1,259,41$60

Prepaid Expenses- Operations	$8,508	---	---
jTotal Assets	$2,691,351	$179,924	$2,231,706

$135,004
$2,448,815

$143,512
s1,ss1,796 II

cco nts Payable

Liabilities
Accrued Expenses

$1,940,406	----	----

$5,698

----	----

$2$4,979304

$1,9$6150,49361

----

Deferred Revenue- Season Advance	----

----

$84,207

$B4,207

Deferred Revenue- Special Assessments Debt

Deferred Revenue- Special Assessments O&M	----	----	---

Due to General Fund	----	$5

Deposit-Divots Grill

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

Golf Cart Lease Payable	----	----

Accrued Principal Payable	----

Accrued Interest Payable	----	----	----
----
Sales Tax Payable	----	----

$3$1266,,786905
$9$18,,053020
$925,,07030
$15,32--8--

$3$2166,,789605

$8,000

$91,53B

$95,,07030
$15,328

Due to Capital Reserve	----	----

Duee tto DGoelbftCSoeurrvsicee	$60--6--

----	----

----

----	----

----
----

$60$06

Accrued Payroll Payable	$4,248	----

$8,45--3--

$12,70$01

----

Bond Discount

----	----
----	----	($225,134)	($225,134)	
----
$176,000	----
----	----
----	($2,087,058)
----	($2,087,058)
$176,000	
$B,508
----	$179,92--4--	----
$2,231,70--1--	--------	$73$58,,85098
$2,231,701	
$2,691,351	$17,9,924	$2,231,706	$2,448,815	$7,551,796	

s Payable - Series 2012 Deferred Loss

Net Assets

Fund Equity
Fund Balances

----

$4(,0$2B0,602030)

$4(,0$2B0,062030)

Assiggnneed -- PFirresptaQiduaErxtperenses
URensatsrsicigtnededfor Debt Service	$555,885
Total Liabilities, Fund Equity, Other

---

----

Page 1

Revenues

Viera East
Community Development District
G en eral Fun d
Statemen t of Reven ues& Ex pendi tures For Period End ing De c ember 31, 2017
Adopted	Prorated Budget	Actual
 	Bud  et	12 /31 17	12  31/17	Variance

Maintenance Assessments	$808,157	$680,152	$680,152		$0 Golf Course Administrative Services		$56,280		$14,070		$14,070		$0 Interest Income			$100			$25			$0	($25)
Total Revenues	 	$864,53 6	$ 694,2 47	$694, 22 2     	{$2s11
Administrative Expenditures

$7,549

Supervisors Fees	$30,195	$7,145	$404
Engineering Fees	$5,000	$1,250	$1,125	$125
Attorney's Fees	$5,000	$1,250	$0	$1,250
Dissemination	$1,000	$250	$250	$0
Trustee Fees	$5,600	$1,400	$1,400	($0)
Annual Audit	$6,500	$1,625	$1,625	($0)
Collection Agent	$2,500	$625	$625	($0)
Management Fees	$97,515	$24,379	$24,379	$0

Postage	$2,500	$625

$318

Printing & Binding	$4,500	$1,125	$191	$934
Insurance- Liability	$7,293	$1,823	$1,694	$129

Legal Advertising	$2,500	$625

$625

Other Current Charges	$1,500	$375	$236	$139

$44

Office Supplies	$3,000	$750	$766	($16)

Information Technology	$3,400	$850	$850	$0	
Total Administrative	$178,178	$44,545	$40, 63 5	$3 ,909 I	

Dues & t.:icenses	$175

($0)

Page 2

Operating Expenditures

Viera East
Community Development District
G en er alFun d
Statemen tof Reven ues & Exp en di tures For Period En din g De cember 31, 2017
Adopted	Prorated Budget	Actual
Bud et	1 2 31 17	1 2  31 17	Variance

$359

Salaries	$131,660	$32,915	$33,085	($170)

$47

Administrative Fee	$1,199	$300
FICA Expense	$10,072	$2,518	$2,471

($59)

Employee Insurance	$7,667	$1,917	$1,741	$176
Workers Compensation	$2,581	$645	$689	($44)
Unemployment	$853	$213	$213
Other Contractual	$6,500	$1,625	$1,679	($54)
Training	$500	$125	$0	$125
Uniforms	$500	$125	$0	$125
Total Operating	$16153  2	$40,3 83	$40,0  24	
Maintenance Expenditures
Canal Maintenance	$11,000	$2,750	$0	$2,750
Lake Bank Restoration	$60,000	$15,000	$15,000
Environmental Services	$27,000	$6,750	$3,631	$3,119
Water Management System	$99,000	$24,750	$15,330	$9,420
Control Burns	$15,000	$3,750	$0	$3,750
Contingencies	$9,000	$2,250	$0	$2,250
Fire Line Maintenance	$5,000	$1,250	$0	$1,250
Basin Repair	$4,000	$1,000	$0	$1,000
Total Maintenance	$  23 0,000	$57,500	$18,961	$38,539 1

Page 3

Viera East
Community Development District
Gen er al Fund
Statemen t of R even ues & Expendi tures For Period En ding December 31, 2 017

Grounds Maintenance Expenditures

Adopted Bud et

Prorated Budget 12 31 17

Actual 12/31 17

Variance

Salaries	$145,559	$36,390
Administrative Fees	$3,289	$822
FICA	$11,135	$2,784
Health Insurance	$24,205	$6,051
Workers Compensation	$2,853
Unemployment	$2,132	$533
Telephone	$2,000	$500
Utilities	$7,700	$1,925
Property Appraiser	$1,990	$498
Insurance	$1,359	$340
Repairs	$14,000	$3,500
Fuel	$16,500	$4,125
Park Maintenance	$3,000	$750
Sidewalk Maintenance	$5,000	$1,250
Chemicals	$5,000	$1,250
Contingencies	$6,000	$1,500
Refuse	$9,000	$2,250
Office Supplies	$1,000	$250
Uniforms	$3,000
Rain Bird Pump System	$18,500	$4,625
Maintenance Reserve - Transfer Out	$11,604	$2,901

$36,986
$2,661
$5,062
$769
$60
$1,098
$1,214
$0
$293
$2,936
$210
$1,036
$3,265
$331
$562
$1,290
$0
$684
$3,104
$2,901

($597)
($25)
$122

$473

$989 ($56)
($598)

$498

$711

$564
$3,915 ($286)
($2,015)
$938
$960
$250
$66
$1,521
$0

Total Grounds Maintenance	 	$294,82 6	$73 ,707	$65,312	$8,394 I

Total Expenditures	$864,53 6	$216134 
Excess Revenue/(Expenditures)	$0
Beginning Fund Balance	$0
Ending Fund Balance	$0

Page4

$164,93  3
$529,290
$211104
$740, 393

$51, 2 01 I

Viera East
Community Development District
Capital Reserve Fund Statement of Revenues & Expenditures For Period Ending December 31, 2017

Revenues

Interest Income

Adopted Bud et

Reserve Funding - Transfer In (General)	$11,604	$2,901	$2,901	$0	

			

					

				

$250

Prorated Budget 12 31 17

$63

Actual 12 31 17

$706

Variance

$644

Reserve Funding - Transfer In (Golf)	$30,899	$7,725

$5,980

($1,745)

Total Revenues	 	$42,753	$10,688	$9,587	
Ex enditures

($1,101)1

Capital Outlay	$125,000	$54,893
Transfer Out	$0	$0
Total Expenditures	$125,000	$54,893

$54,893
$0
$54,893

$0
$0
$0 I

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

Page 5

 	    ($45,306)
$225,229
$179,924

Check Date

Capital Outlay

Wire Transfer Fee

FY2018

Viera East Community Development District
Capital Reserve Fund Capital Outlay Check Register Detail
For Period Ending December 31, 2017
Vendor	Detail

Amount

12/4/17  Landirr

10/20	Regions Bank 12/4/17 Regions Bank

WSpirrienTklrearnHsfeeardFseCeontract

$	54,86153..00

15.00

$

$

Total

$	54,893.00

Page 6

Viera East
Community Development District
Debt Service Fund
Statement of Revenues & Exp endi tures For Period Ending De c ember 31, 2017

Revenues
Special Assessments Interest Income

Adopted	Prorated Budget		Actual Bud et		12 31 17	12 31 17 

$25

$193

$2,423,170	$2,039,362	$2,039,362
$100

Variance

$0
$168

Total Revenues
Ex�nditures
Series 2006 lnterest-11/1
Interest-5/1

$2,423 ,2 70	$2 ,039,3 87	$2,039,555

$291,669	$291,669	$291,669
$291,669	$0	$0

$160 1

$0
$0

Principal-5/1

$1,810,000

$0	$0

Other Debt Service Costs
Total Expenditures
Excess Revenues/(Expenditures) Beginning Fund Balance
Ending Fund Balance

$46,873	$0	$0
$2 ,440,2 11	$291,669	$291,669

($16,941)	$1,747,886 
$466,966	$483 ,815
$450,02 6	$2 ,2 3 1,701

Page 7

$0
$0 I

Viera East

Statement of Revenues Expenditures

GolCf oCmoumrsuen/iRteycDreeavteiolonpFmunednt- DOpisetrraictitons For Period Ending Dece&mber 31, 2017

Budget	Actuals	Budget

Variance

Adopted	Current Month	II

Bu�et

Actuals

Variance

Year-to-Date

Number of Rounds

3170,,20500

3,26347

2,87618

(131)

91,77690	27,,07936	1,383

MPaeimd RbeoruRndosunds
CTotapl MReomunbdesrships
RPeavidenRuoeupnedrsRound Revenues

6,0600	51496	461

$35

$34
$1,296,290	$109,381	$112,129

8186 [$5)
($2,749)

1,42956	1,26560	2(349)
$33	$39

$9,954

$298,640	$307,221	($8,580)

GifeteCnasrFdese-sS/aClaerst Fees

($25,000)	($2,,63873)	($2,,163)

$(1$,252101)

[$5,,512709)	-$5,,925

($1$,834065)

GSeifatsCoanrAdsdv- aUnscaeg/eTrail Fees

$2$4120,000

$1$73,,025389

$1$83,,616335

($1,107)

$51,831	$4$9,,975740	$2,06$10

ADsrsivoicnigatReaMnegme berships

$7$2,0100

$6$,8175

$6$,128228

($7)

$17$,5225	$17$,409684	$448

$647

GMoelrfcLheasnsdoinsse Sales

$1$1150,,000

$1$23,,769554	$9$,984658

$2,,8306

$2$86,,820340

$2$27,,237505

$31,,854690

Miscellaneous Income

SRpeesctaiaulrAansstessments - Operations

$1252,052070

$1$,689797

$1,,285706

($55$1)

$35,,365320	$3,76429	$2

Total Revenues	I

$27

($398)

GolfCourse Expenditures

$1,784,9171 !  $156,441	$154,275

$497

$546

$775
$83
$3,749

$18,000	$1,123	$1,499

sz.166 11 
$377

$421,938	$423,509	($1,571)1
$3,123	$4,498	$1,376

TOethleeprhCoonnet/rIanctteuranleStervices

$9,308

$253	$37

($27185)

$1$,16979

$2$,312162

$(1$,15847)

PProisnttiagneg & Binding

$5,,000	$464575

$417

($(5$6420))

$1$,712936

$1$,250

($476)

RUetipliatiierss & Maintenance

$4$75,000	$7,073

$583

($3,3$2357)

$1$11,,821241

$1$1,,27469	$528

BAadnvkerCtihsainrges

$30,500	$2,754	$2,541

($213)

$6,124	$7,622	$(1$,45698

OpffiecreatSiunpgpSluiepsplies

$9,,500	$18540	$719215

($611219)

$1$,209636	$2$,3745	$(1$,2308)

Druegs,TLeicsteinnsge-sA&llSDuebpsacrritpmteionntss

$2$,5000

$2$20

$167

$1$42

$178	$12005

$207

$42

TCoranitnriancgt,uEadl Sueccautirointy& Employee Relations

$5,,0500

$2$,187040	$40178

($2,595)

$21,,934516

$1$,265205	($(2$,310211))

$247

IT Services

$3,000	$255	$250

($5)

$394	$750	$356

$578

Total Golf Course Expenditures	I 	$140,2581 1	$17,031	$11,683	 	$32,885	$35,050	sz.165 I

Page  8

Viera East

Statementof Revenu s & Expenditures

GolCfoCmoumrsuen/RityecDreeavteiolonpFmunednt• ODpisetrraictitons For Period Ending December 31, 2017
Adopted   II	Current Month

Year-to-Date

Pest Control

Restaurant Expenditures

Budget	Actuals	Budget	Variance 11 
$9,000	$689	$691	$2

Actuals	Budget	Variance

$377

$2,266	$1,884	($383)

Utilities
Equipment Lease
Total Restaurant Expenditures	I

$1,,8100	$91
$11,9001 1	$780

$1$8348

$914

$1(3$68)
$134 1 1

$27$01	$230	($40)
$2,537	$2,491	($46)1

GolfOperation Expenditures

$222,204	$15,446	$18,516

$3,071

$47,838	$55,549	$7,711 

ASadlmariineisstrative Fee

$127,,825538

$1,,318027	$11,,043781	($2356)

$3,,67680	$4,,2313

($565)

$47

FHIeCaAltEhxIpnesnusreance

$4$,4201	$322	$368	$3

$9$967	$1$,10155	$1$0189

WUnoermkeprlsoyCmomenptensation

$9$,530202	$44$01

$42

$336

$1,48$01	$2$,313205	$15205

$777

GUotillfitPiersinting

$20$,52050

$1,686	$1,7$0281

$$2422

$4,99$08	$5,1$6253	$1$6273

$599

RPeesptaCirosntrol

$3,000	$0	$250

$1$5201

$89$01	$74550	($15401)

SUunpifoplriemss

$2,,0500	$0	$16275

$116257

$0	$500	$500

$375

TFuraeilning, Education & Employee Relations

$42$,650306	$4,9$103	$3,5$4532

($1,3$6402)

$12,013	$10$,612595	($1$,315245)

Driving Range

Carrtt LMeaaisnetenance

$1$04,,000	($523039)	$8333

$(1$,017667)

$1,,043905	$21,,5000	$(1$,4795)

$353,2041 1

Total GolfOperation Expenditures	I
CMoesl'tchof111G1do/o;dr.sSSt1o/o1ld<
Tot;tl Merchandise Sales	I

$26,206	$29,433

$77,000	$10,120	$6,417
$77,oool l    $10,120	$6,417

Page  9

s3,221 11 
($3,703)
{$3,10311 I

$78,278	$88,298	s10.020 I
$22,249	$19,250	($2,999)
$22,249	$19,250	($2,999)1

Viera East

Statement of Revenu s & Expenditures

GolCfoCmoumrsuen/RiteycDreeavteiolonpFmunedn-t DOpisetrraictitons For Period Ending December 31, 2017

Budeet

Budi:et

Actuals

Variance

Adopted	I	Current Month	II

Actuals	Bud.s.et	Variance

Year-to-Date

GolfCourse Maintenance

$41$87,,560982	$30$,674861	$34$,7252	$4(,1$5467)

$9$52,,522562	$10$24,,31765

$8(,8$5223)

ASadlmariineisstrative Fees

$32,727	$2,303	$2,727

$424

$7,162	$8,182	$1,020

FEImCpAlEoyxepenInsesurance

$5$8,935854

$2$,860386

$4$,691939

$2,1$0652

$1,19852

$1$42,,079369	$8,586

WUnoermkeprlosyCmomenptensation

$6$,462107	$237

$315

$60$03	$1$,610545

$1$,015141

DCorungsuTlteisntginFgees UTteilleitpiehso/nWe/aItnetrernet

$2,,5000

$247

$452,,0700

$500	$5$0305
$1,936	$2$,210482

$20$08 ($20415)

$1,50$0

$35

$0

$1$15,,09740

$1,500

$4,375

$6,425

$105
$625

$625

FRueepla&irsOil

$35,000	$3,49412	$2,,590107

$10$,870481	$1$80,,57050	($(2$,054508))

PIrersigtaCtoionntr/oDlrainage

$3$41,,0500	$889	$2$,812353

$(1$,912425)

$2,908	$8$,530705

$(5$,356962)

$583

SFalonwdearn/dMTuolcphsoil FSeertdi/liSzoerd

$1$7,,0500
$1$2104,,000

$1,46$06	$1$,548538

$90

$1$12,,547474	$1$01,,010607

($8)
($1,534104)

$3$,191342
$2$95,,5359

$1,750	$1$,643463

$30,0

$3,500	[$1,859)

TCroansthinRgenmcoyval

$6,,000	$58$05	$50607

$(1$6875)

$2$,4307	$1$,500	($807)

OFifrfiscteASidupplies

$500	$0	$402

($402)

$16$08

$1205	$(1$2185)

Operating Supplies

$18,000	$8$101	$1,500

$689

$2$,396104	$4$,510205

$1,586

TJarnaiitnoirniagl Supplies

$8500

$49$40

$8637

($410)

$1$,417943

$2050	($927434)

SUoniilfo&rWmsater Testing

$1$10,,0500	$63$06

$33735

$333

$1$,946982	$12,,060205

$50587

$239

Small Tools

$500	$0	$42

Equiipmment LReansteal
Total GolfCourse Maintenance	I

$14$84,000	$5,966	$12,333
$1,030,9031 I	$72,285	$85,909

Page  10

$6,$34627 s13,624 11 

$29,13$01	$37$,010205	$7$,812659
$225,018	$257,726	$32.,00 I

Viera East

Statement of Revenues & Expenditures

GolCfoCmoumrsuen/iRtyecDreeavteiolnopFmunednt- ODipsetrraictitons For Period Ending December 31, 2017

Buditet

Bud�et

Adopted   II	Current Month	II

Year-to-Date

Bud.&_et

Administrative Expenditures

$1,500

Actuals

Variance

$125	$125

Actuals	Variance

$375

$0	$375

ALergbaitlrFaege

$1$,0600

$830	$0

$250	$250	$0

$375

TDrisussetmeeinFaeteison

$1,75050	$312135	$11235	$0

$938

$33785	$0

$1,434549

AGonlnfuCaoluArusediAt dministrative Services

$761,02800

$4,690

$54,699107

$0	$1154,,809720

$1147,,07750	$1,85$08

PInrsouprearntcyeTaxes

$6,000

$500

$2,452	$1,500	($952)

$925

Total Administrative Expenditures	I

$141,6301 1	$12,064	$11,803

($262)1 1

$34,127	$35,408	s1,281 I

ROepneerawtainl g&RReespelravceesment
Total Reserves	I

$30,89$90	$3,00$01	$2,57$50
$3,001	$2,575

($42$60) ($426)11 

$6,800	$7,72$50
$6,800	$7,725	s925 I

Total Revenues	I
Total Expenditures	I

s1,784,9171 I	$156,441	$154,275

si,785,7951 I

$141,486	$148,733

sz,166 1 1 

$421,938	$423,509	($1,571!1

$44,0541

$401,894	$445,948

Operating Income (Loss)

Non Operating  Revenues/(Expenditures)

I	!$81011 I	$14,955	$5,542

$9,413 11 

$20,044

$42,482 I

SInpteecrieasltAIsnsceosmsmeents

$55$81,030550	$46,5$4360	$46,530

($3$70)

$139$,518729	$139$,258590	($7$80)

TInrtaenrsefsetrEIxnpense

($178,47$80)	($14,87$30)	($14,87$30)

($0)

($44,62$0)	($44,61$90)	($0)

Principal Expense
Total Non Operating Revenues/(Expenditures) I

$878 1 1	$36	$73

 ($[3$70]j  1 

[$95,000}
$141

$219

($(7$(0 11

{$380,000]

!$31,667)

($31,667)

Change in Net Assets	I	soi l	$14,991	$5,615

$9,376 11 

$20,186	($22,219)	$42,404 I

I

BEnegdiinnngiNnegtNAestsAestssets 	I

soi l	----	----
sol	----	----

Page 11

----	I I

----

I

(SZ,107,243)
($2,087,058)

Revenues

Viera East General Fund Month to Month
October	November	December	Januao:	Febn1a□1	March

Ma�	1une	1u1v	 August	Seet.ember	Total

Maintenance Assessments	$261	$171,080	$508,811	$0	$0	$0	$0	$0	$0	$0	$0	$680,152
Golf Course Administrative Services	$4,690	$4,690	$4,690	$0	$0	$0	$0	$0	$0	$0	$0	$0	$14,070
InterestIncome	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

'1175,770

Total Revenues	I	H,9st
Administrative Expenditures

$513,501	!D	so	$0	;10	!D	$0

so	io	$6941222 I

Supervisors Fees	$2,272	$3,293	$1,580	$0	$0	$0	$0	$0	$0	$0	$0	$0	$7,145
Engineering Fees	$0	$1,125	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,125
Attorney's Fees	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Dissemination

$83	$83

$0	$0

$0	$0	$0	$0	$0	$250

Trustee Fees	$467

$467	$0	$0	$0	$0	$0	$0	$0

$1,400

Annual Audit	$542	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,625

Collection Agent	S208	$208	5208	$0	$0	so	so	$0	$0

$0	$0	$625

Management Fees	$8,126	$8,126	$8,126	$0	$0	$0	$0	$0	$0	$0	so	$0	$24,379

Postage	$33	$130

so	so	$0	so	$0	$0	$0

$0	$307

$565

Printing & Binding	$61	$68	$62	$0

$0	so	$0

$0	$0	$0	$191

Insurance- Liability

$565	$565	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,694

Legal Advertising	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Other Current Charges	$74

$85	$0	$0	$0	$0	$0	$0	$0	$0

$236

Office Supplies	$265	$250	$250	$0	$0	$0	$0	$0	$0	$0	$0	$0	$766

Dues & licenses	S15

$15	$0	$0	$0	$0	$0	$0

$0	$0

Information Technology	$283	S283	$283	$0	$0

$0	$0	$0	$0	so	so	$850

Total Administrative	I	S1Z 994	f151232	$12,409	so	so	so	$0	$0	$0	$0	so	so	S4D1635 I
Operating Expenditures

Salaries	$11,475	$10,397	$11,213	$0	$0	$0

$0	$0	$0	so	$0	$33,085

Administration Fee	$121	$117	$121	$0	$0	$0	$0	$0	$0	$0	so	$0

FICA Expense	$852	S771	$848	so	$0	$0
Health Insurance	$580	$430	$732	$0	$0	$0

$0	so	$0	$0	$2,471
$0	so	$0	$0	$1,741

Workers Compensation	$239	$217	$234	$0	$0	$0	$0	$0	$0	$689
Unemployment	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Other Contractual	$516	S516	$646	$0	$0

$0	$0	$0	$0	$0	so	$1,679

Training	$0	$0

$0	$0	$0	$0

$0	$0	so	so

Uniforms	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

S121448

Total Operating	j  	su,,�3	513,794    	so	so	so	10      	so    	10	io	so	so	$40,824 1

Page 12

Viera EastGeneral Fund Month to Month

Maintenance Expenditures

UclOber	November	December	1anuao:	Februarv	March	A11nl	Mar	1une	lult	Au11ust	Se[!tember	Total

Canal Maintenance Lake Bank Restoration

$0	$0

$0

$0

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

$0

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

Environmental Services	$0	so	$0	so	$0	$0	$0	$0	so	so	$0	$3,631

Water Management System	S7,565
Control Burns	$0

$0	$0
$0	$0

$0	$0	$0	$0	$0	$0	so	$0	$15,330

o

$0	$0	$0	$0	$0	$0	s	$0	$0

Contingencies	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Fire Line Maintenance	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Basin Repair

$0	$0	$0

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

so	so	so	so	$0	sie,961 I	

$0	
$0	
$0	
$0	
$0	
$36,986	

Total Maintenance

Grounds Maintenance Expenditures	I	$7 565	
Salaries		$12,485	

Sll,396    	$0	50	so	$0	$0 

$286	$0	$0	$0	$0	$0	$847

$12,041	$12.460	$0	$0	$0	$0
Administrative Fees	$276	$286	$0	$0	$0	$0

FICA	$897	$865
Health Insurance	$1,800

$0	$0	$0	$0	$0	$0	$0	$0	$0	$2,661
$1,867	$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,062

Workers Compensation	$260	$251	$259	$0	$0	$0	$0	$0	$0	$0	So	$0	$769
Unemployment	$20	$20	$20	$0	$0	$0	so	$0	$0	$0	$0	$60
Telephone	$366	$366	$366	so	$0	$0	$0	$0	$0	$0	$0	$0	$1,098

Utilities	$413	$401	$401	$0	$0	$0

$0	$0	$0

$0	$1,214

$98

Property Appraiser	$0	$0	$0	$0	$0	$0	so	$0	$0	$0	$0	$0	$0

Insurance• Property	$98	$98

$0	$0

$0	$0

$0	$0	$293

Repai�	$867	$1,481	$589	$0	$0	$0	$0	$0	$0

$0	$0	$0	$2,936

Fuel	$0	$0	$210	$0	$0	$0	$0	$0

$0	$0

$210

Parle Maintenance Sidewalk Repair

$712	$170

$0

$3,265

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

so	$0	$0
$0	$0

$1,036

$331

$3,265

Chemicals	$0	$202	$129	$0	$0	so	$0	so	$0	$0

$0	$0	$562

Contingencies

$0	$490	$0	$0	$0

$0	$0	$0

$0	$0	$1,290

$645

Refuse	$430

$215	$0	$0	$0	$0	so	$0	$0

$0	$0	$0

$199

Office Supplies	$0	$0

$0	$0	$0	$0

$0	$0	$0	$0	$0	$684

Uniforms	$304	$182

$0	$0	$0

$0	$0

$0	$0	$0	$0	$3,104

Rain Bird Pump System	$0	$3,104
Maintenance Reserve- Transfer Out	$967	$967	$967

$0	$0	$0	$0	$0

$0	$0	$0	$2,901

Total Grounds Maintenance	I

$0

 		$22,889

so	$0	so	$0

so	so	  

$0	$65,312 I

Total Expenditures	I

$62,088	$49,092	$0	fO	so	so	so	$0	$0	so	$0	S164,933 I

Excess Revenue/(Expenditures)	I	[540181 8)	$113.690	S464,409

$0	$0	SD	$0	$0

so	ss29,290 I

Page 13

Number of Rounds

I   Dctober	November        �  December	1anua!l:

Viera F.ast Golf Course Month to Month

Februa!l

March	Aeril	Ma�,	June	1u1�

September	Total

Paid Rounds	2,647	3,298	3,234	0	0	0	0	0	0	0	0	0	9,179
Member Rounds	429	694	637	0	D	0	0	0	0	0	0	0	1,760

1,495

Comp Rounds	405	541	549	0	0	0	0	0	0	0	0	0
RevenueperRound

Paid Rounds	$31	$32	$34	$0
Revenues:

$0	so

$0	$0	$0

$97

$3,373

Greens Fees	$82,152	$107,108	$109,381	$0	$0	$0	$0	$0	$0

$0	$0	$298,640

Gift Cards - Sales	$188	$1,019

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

$0	$0

$4,579

Girt Cards • Usage	($725)	($1,711)	($2,683)	$0	$0	$0	$0	$0	$0	$0	$0	$0	($5,120)

Season Advance/Trail Fees	$16,716	$18,058	$17,058	$0	$0	$0	$0

$0	$0	$0	$0	$51,831

Associate Memberships	$2,449	$4,266	$3,239	$0	$0	$0	$0	$0	$0

$175

$175

Driving Range	$3,816	$6,821	$6,875	$0	$0	$0	$0	$0	$0	$0

$0	$0	$9,954
$0	$17,512

GolfLessons	$175

$0	$0	so	$0	$0	so	$0	$0	$0	$525

Merchandise Sales	$7,249	$8,801	$12,754	$0

so	$0	$0	$0	$0	$0	so	$28,804

Restaurant	$737	$1,798

$0	$0

$0	$0	$0	$0	$6,230

$834

Special Assessments - Operations	$1,877	$1,877	$1,877	$0

$0	$0	$0	$0

$0	$0	$5,632

Miscellaneous Income

$1,817	$699	$0

$0	$0	$0

$0	$0	$0	$3,350

Total Revenues	I	Sl l 5,468	$150,030

$156,441

Goll Course �nditures:

$0	$0	so	$0

$0	$0	$0	$0	$421,938 1

Other Contractual Services	$1,319	S68!	$1,123	$0	$0	$0	$0	$0	$0	$0	$0	$0	$3,123

Telephone/Internet

$289	$497	$0	$0	$0	$0	$0	$0	$0	so	$0	$1,179

Postage	$447	$0	$253	$0	$0	$0	$0	$0	$0	$0	$0	$0	$699

Printing& Binding	$0	$81	$645	$0	$0	$0	$0	$0	$0	$0	$0

$726

Utilities	$281	$455

$0	$0	$0	$0

$0	$0	$0	$0	$1,193

Repairs & Maintenance

$270	$546	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,221

Advertising	$3,585	$1,156
Bank Chorges	$1,222	$2,149

$0	$0	$0	$0	$0	$0	$0	$0	$0	$11,814
$0	so	$0	$0	$0	$0	$0	$0	$0	$6,124

Office Supplies	$191

$0	so	$0	$0

$0	$0	$0	$0	$578

Operating Supplies	$691	$195	$180	$0

$0	so	$0	$0

$0	$0	$1,066

Dues, Licenses & Subscriptions	$161	$110		$22	$0	$0	$0	$0	$0	$0	$0	$0	$0	$293 Drug Testing - All Departments		$89		$89			$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$178 Tra1ning, Education & Employee Relations	$142			$0	$2,804	$0	$0	$0                   $0                      $0                        $0                   $0                    $0                      $0                        $2,946

$139

Contractual Security	$120	$1,061	$170	$0	$0	$0	$0	$0	$0	$0	$1,351

IT Services	$0
Total GolrCourse Expenditures	I	$9.046	$6,808
Restaurant ExJJtnd!tures:

$255	$0	$0	$0	$0	$0	$0	$0	$0	$0

$17,031

$0	$0	$0	 	$0		so	so 	$0	$0	$0	$32.885 1

Utilities	$804	$773	$689	$0	$0	$0	$0	$0

$0	$0	$0	$2,266

$91

Pest Control	$0	$0	$0	$0

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

Equipment Lease	$89	$91

$0	$0	$0	$0	$0	$0	$0	$0	$0	$271

Total Restaurant Expenditures	I	$893	$864	$780	$0      	$0	$0	$0	$0	so	_$0		$0

s2.s3, ,

Page 14

GolfOperations:
Salaries

Viera East Golf Course Month to Month
I  Uc:U1her	November	December	fanuary	February	March	April	May	June	July	August	September	Tol:al

so

$17,326	$15,066	$15,446	$0	$0	$0	so	$0	$0	$0	$0	$0	$47,838

Workers Compensation	$361	$314	$322	so	$0	so	,o	so	so	so	$0	$0	$996

Administrative Fee	$1,233	$1,239	$1,307	$0	$0
FICA Expense	$1,325	$1,153	$1,182	$0	$0

rn	$0	$0	$0	$0	$0	$3,780

$97

$0	$0	$0	$0	$0	$3,660

Health Insurance	$86	($24)

$0	$0	$0	so	$0	$0

$0	So

Unemployment	$615	$425	$441	$0	$0	so	so

so	$0	$0	$0	$1,481

Golf Printing	$0	$0

so	$0	$0	so	$0	$0

$0	$0	$0

Utilftles	$1,504	$1,808	$1,686	$0	$0	\0	$0	$0	$0	$0	$4,998

Repairs	$0	$0	$0	$0	$0	$0	�o	$0	$0	$0

So	so	$0	$0	$0

Pest Control	$0	$0	$0	$0	$0	$0	S-0	$0	$0	$0

$0	$0
$0	$0

Uniforms	$0	$0	$0	$0	$0	$0	$0

Supplfes	$191	$102

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

$0	$891

Tr.1ining, Education & Employee Relations	$0	so	$0

$0	so	$0	$0	$0	so	$0	$0

Fuel	So	$0	$0	$0	$0	so	so	so	$0	$0	so	$0	$0

Cart Lease	$3,550	$3,550	$4$,590193	$0	$0

$0	$0	$0

$0	$0	$0	$0	$12,013

Cart Maintenance	$0	$986	$0

$0	so	$0

$0	$0	$0

$1,495

Driving Range		$632		$632		($233)	$0	$0	$0	so Total  Golf Operation Expenditures	I    $26,823	$25,250	$26,206	$0	$0	$0	$0 Merchandise Sales:

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

$1,030
sw,m, I

CostofGoods Sold	$8,994	$3,136	$10,120	$0	$0	$0	$0	$0	$0	$0	$0	$0	$22,249

Total Merchandise Sales	I
Golf Course Maintenance:

S0,994	$3,136	$10,120	so	$0	$0	$0	so	so	so	so

so	$0	so

$33,113	$31,794	$30,646	$0	$0	$0	$0	$0	$0	$0	$0	$0	$95,552

Salaries

$723	$721	$781	$0	$0	$0	$0	$0	$0

$0	$0	$2,226

Administrative Fees FICA Expense Employee lnsurance

$2,479	$2,380	$2,303	$0	$0	$0	$0	$0	So	$7,162

so

$1,290	$2,054	$2,808	$0	$0	$0	$0	$0	$0	$0	$0	so	$6,152
$686	$660	S636	$0	$0	$0	$0	$0	$0	$0	$0	$1,982

Workers Compensation

$175	$191

$0	$0	$0	$0	$0	$0	$0	$0	$0	$603

Unemployment DrugTesting

$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$500	$500	$500	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1.500

Consulting Fees

$0	$0	$0	$0	$0

$0	$0	$0	$0

Telephone/Internet

$2,008	$2,025	$1,936

$0	$0	$0	$0	so	$0	$0	$0	$5,970

Utilities/Water
Repairs

$3,883	$3,416	$3,741	$0	$0	$0	$0	$0	$0	$0	$0	$0	$11,040
$4,697	$2,619	$3,492	so	$0	$0	$0	$0	$0	$0	$0	$0	$10,808

Fuel & OII

$247	$247

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

$0	$0

PestControl Irrigation/Drainage

$1,174	$846	$889	$0	$0	$0	$0	$0	$0	$0	$0	$0	$2,908
$549	$1,916	$1,466	$0	$0	$0	$0	$0	$0	$0	$0	$0	$3,932

Sand and Topsoil

$0	$114	$0	$0

$0	$0	$0	$0	$0	$0	$114

Flower/Mulch
Fertilizer

$5,303	$12,709	$11,544	$0	$0	$0	$0

$0	$0	$0	$0	$29,556

$5,359

Seed/Sod	$406	$2,477	$0	$0	$0	$0	$0	$0	$0	$0	$0

$585

Contingency	$585	$1,137

$0	$0

$0	$0

$0	so	$0	S2.307

Trash Removal	$271	$135	$0	$0	$0	$0	$0	$0	$0	$0	so	$406
FirstAid	S78	$0	S90	$0	$0	so	$0	$0	$0	so	so	$0	S168

Office Supplies	$0	$0

$0	$0	$0	$0

$0	$0	$0	$0	$0

Operating Supplies	$815	$1,289	$811	$0	$0	$0	$0	$0	$0	$0	$0	$0	$2,914
Training	$0	$360	$0	$0	$0	$0	$0	$0	$0	$0	$0	$360

$494

Janitorial Supplies	$1,173	$0	$0	$0	$0	$0	$0	$0	$0	$0

$1,173

Soil & Water Testing	$0	$0

$0	$0	$0

$0	$0	$0

$492

so

Equipment Rental

$0

$0	$0	$0	$0	$0	$0	so	$0	$0

Uniforms	$771	$561	$636	$0	$0
EquipmentLease	SIZ,503	$10,662	$5,966

$0	$0	$0	$0	$0	$0	$1,968

so	so

$0	so	$0	$0	$0	$29,131

Small Tools	$0	$0	$0	so	$0	$0	$0	$0	$0	so	$0	$0	$0
Total CoifCourse Maintenance	I	573,922	$78,811	$72,28S	$0	$0	$0	$0	$0	so	$0	$0	$0	Sl?ZS,910 !
Page 15

Adml1JiSQ:,at{�6Ke�aditures: Legal Fees
Arbitrage

Viera East Golf Course Month to Month
Janua!l:	February	March	Aerll	Mal	(une	Jul�	Ausust	September	Toto!
$0	$0	$0	�d	$0	$0	$0	$0	$0	$0
$0	$0	$0	in	$0	$0	$0	$0	$0	$150

$50

$50

Dissemination

$0	$0	$0	Sil

$0	$0	$0	$0	$250

$83

Trustee Fees Annual Audit

$0	$0	$0	fl)	$0	$0
so	$0	$0	iu	$0	$0

$0	$0	$938

$375

$0	$0

(ktul1er	November	December	
	$0	$0	
$313
$125
$4,690	
$125
$4,690	$313
$ $125 4,690	

GolfCourse Administrative Services

so	$0	$0	$0	$0	$0	$0	$0	$14,070

$504

Insurance	$5,266	$5,266	$5,359

$0	$0	SIJ	$0	$0	$0

$0	$15,892

Property Taxes	$504

$0	$0	so	$0

$0	$0	$0	$2,452

Total Administrative Expenditures	I	$11,031	$11,031	$12,064	$0	$0	$0	$0	$0
Reserves:

$0	$0	$0	$34,127 1

Renewal & Replacement	$1,490	$2,309	$3,001	$0

$0	$0	$0	$0	$0	$0	$0	$6,800

OperatingReserves	so	$0	so	So	$0	$0	$0	$0	$0	$0	$0	$0	$0

Total Reserves	I	st,490	$2,309	$3,001 	so	$0

 	$0		$0	$0	$0	$0	$0	S6,800 I

Tot.al Revenues	I	SI 1 5,468	$150,030	$156,441

$0	$0	$0	$0	so

 	$0    	$0	$42 1,9:lH I

Total Expenditures	I	SI J'l,198	$128,210	$141,486	$0	$0	$0	$0	$0	$0

$0	so	S<01,1l9◄ I

Op,,raling Income (Loss)	I	IS1 6,73ll	$21,820	$14,955	$0	$0	$0	$0
Non o,,erctt!m,_  Revenues/(E11.r1endlturesJ1

$0	$0	$0	$0	$20,044 1

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

$0	$0	$0	$139,589

Interest Income	$62
Transfer In	$0	$0	$0

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

$0	$0	$0	$172
$0	$0	$0	$0

Interest Expense

($14,873)	($14,873)	$0	$0	$0	$0	$0	$0

$0	$0	($44,620)

$0

Principal Expense	($31,667)	($31,667)

($31,667)	$0	$0	$0

$0	$0	$0	$0	$0	($95,000)

Total Non Op,,rating Revenues/(Expendirures)	I

$36	so

$0	$0	$0	so	$0	$0	$0	s141 1

Net Non Operating Income / (Loss)	t	1s1 6,679J 	$21,874	$14,991	$0 

$0	$0	$0	$0	$0	$0	$0	S20,IU6 I

Page 16

Viera East
Community Development District
ProShop
Statement of Revenues & Expenditures

AJ:!rll

Aui;ust

Merchandise Sales		$7,249	$8,801	$12,754	$0	$0	$0	$	0	$0	$0	$0	$28,804	
Total Revenues	I	$7,249	$8,801	$12,754	$0	$0	$0	$0	--$0		$2B,B04 J	

Revenues

October	November December

Februa�	March

Mal:	1une	1u1l'.

September	Total

Expenditures
Cost of Goods Sold	$8,994	$3,136	$10,120	$0	$0	$0	$0
Total Expenditures	I	$8,994	$3,136	$10,120	$0	$0	$0	$0	so

$0	$0	$0	$0	$22,249
 	$0	$0	$0	s22,249 1

Operating Income (Loss)	I   ($1,744]	$5,665	$2,634	$0	$0	$0	$0	$0	$0	$0	$0	$0	$6,sss 1

Page 17 

Viera East
Community Development District Long Term Debt Report

Interest Rate: Maturity Date:

Series 2006 Water Management Refunding Bonds

5.750%
5/1/2022

Reserve Fund Definition: Reserve Fund Requirement: Reserve Fund Balance (1) :
Bonds outstanding - 9/30/2016 Less: May 1, 2017 Principal

10% Max Annual Dept
$239,334
$239,334
$11,855,000 ($1,710,000)

Current Bonds Outstandine

$10,145 000

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:
Maturity Date:
Reserve Fund Definition: Reserve Fund Requirement: Reserve Fund Balance:
Bonds outstanding - 9/30/2016 Less: May 1, 2017 Principal

2.5% to 5%
5/1/2026
50% Max Annual Dept
$279,239
$281,309
$4,445,000 ($365,000)

Current Bonds OutstandinJ?

$4,080,000

Page 18 

Viera East
Community Development District
Special Assessment Receipts - FY2018

:	0 :

Date	I.

Net	I.
.

Gen Fund	I'

:

Debt Svc 2006	I.

Rec Fund	I.
.

Total
.

187	3

........ 11;14111........l.$ ......61,123..74..L $............12,957..13 1!  $ ...............38,852.33 .JJ................9,313.68..L$ 	61,123.14.

10/20/17	i $	1,231   5 ! $	782.50 i	i	1,2 1 0
:	:
$	58   $	5

:::::::: 11/1i/1�::::::   J::::��::::::;�:	::::::::::: !�::::!!:  L::::::::::�:�:��:::� :J::L::::::::::::�:�!!:!�:: :L:::��::::::;�:!:

1 1/27/17	! $    745,888 64 ! $	41528,122.26    $	474,112..25  !  $	113,654.13  ! $	745,888.64
112/112/17	! $ 2,020,650.85  j $	8,361 39 j  $	1,284,394 56 j  $	307,894.90  j $   2,020,650.85

i	!	l	i	!

 	J	)	J
•••oo••••••••••••••••••••••••••••�••·••••••••HH■a••••••••••••••t•••••••••••••••••••••••••••••••••••+••••••••••..•••••••••••••••••••••••••••1••••••••••••••••HH•••••..•••••OOOOO+OHoooooO•HOooooooooooo00000000

�	�	l	�	�

,uu••••••--•••••..•--•••....•..t•••.............uuu,o•••--•: ...•••••••--•••••--••--•--•••••n••! •----•••••• 	••••..•..•••--•••--•--•,--•••••--••••••uu,uuo,,,,..,..,,,1n•••••••••••••••uu•••••n••••
·································;·······························r···································;········································;·······························•n••·;•n••···························
l $ 3,41 2,922.98 j $	723,511.63 l $	2,169,370.20 � $	520,041.15 l $ 3,412,922.98

AssNeestsed

Percentage

AsCsoelslescmtedts

ATsrsaensssfmerernetds

BTarl ancsfeetro

AOsustesstsamndeinntgs

Debt Service Fund j $

2,423,170_ i

63.56% . $

2,169,370.20 • $

ri:6···3· ;i"°$ .........2,169i3iii"   $

253,799.80

General Fund	• $

..... 808, 157

2 1.20% :-·s	723,511..63  i  $	(723)f	)  $	$	84,645.37

. ��0,8�_2

15.-2---4--%--- -i-.·$·---·--  -----  --5--2---0--,-0--4--1----1--5----I· ··$·------  --	: $	·  sio;��"( $

60,840.85

$	3,812,209	100.00% $	3,412,922.98   $	(723,5 11.63) $	2,689,41 1 $ 399,286.02

Page 19

Viera East Community Development District

I	I

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

Variance

Actuals		Actuals		Year to Date	Year to Date 1 2/31 /1 6	1 2/3 1 /l 7	Variance		1 2/3 1 /1 6		1 2/3 1 /1 7

Greens Fees	$	1 06,963	$	1 09,381 	$	2,41 7	$	289 ,046	$ 298,640	$	9,595 	

							

							

Revenues:
Gift Cards - Sales	$	2,733	$	3,373	$	639	$	4,009	$	4,579	$	570
Gift Cards - Usage	$	(1 ,7 1 5)	$	(2,683)	$	(968)	$	(5 ,702)	$	(5,1 20)	$	582
Season Advance/Trail Fees	$	1 1 ,008	$	1 7,058	$	6,050	$	57,822	$	51 ,831	$	(5 ,990)
Associate Memberships	$	3,002	$	3,239	$	237	$	1 1 , 21 8	$	9,954	$	{1 ,264)
Driving Range	$	5,79_0	$	6,875	$	1 ,085	$	1 6,450	$	1 7 ,51 2	$	1 ,062
Golf Lessons	$	1 85	$	1 75	$	(1 0)	$	570	$	525	$	(45)
Merchandise Sales	$	1 2 ,472	$	1 2 ,754	$	281	$	29,223	$	28,804	$	(41 9)
Restaurant	$	2,457	$	3,695	$	1 , 238	$	3, 605	$	6,230	$	2,625 
Special Assessments - Operations	$	1 , 877	$	1 , 877	$		-	$	5,632	$	5,632	$ Miscellaneous Income	$	2,61 8	$		699	$	(1 ,91 9)	$	3,226	$	3,350	$	1 24
Total Revenues	$	1 47d2.}_	$	1 56,441	$	9,049	$	41 5,099	$	421 ,938 	$ 	6,839 
Expenditures:
Golf Course Expenditures	$	1 1 , 15 1	$	1 7 ,03 1	$	(5 ,880)	$	37 ,1 24	$	32 ,885	$	4,239

Golf Operations	$	20,870	$	26,206	$	(5,336)	$	66,844	$	78,278	$	(1 1 ,434)	
Merchandise Sales	$	8,963	$	1 0,1 20	$	(1 ,1 57)	$	20, 1 12	$	22,249	$	(2, 1 37)	
Golf Course Maintenance	$	72,826 
Administrative	$	1 1 ,205	$	72,285
$	1 2,064	$	542	$	206, 1 82	$	225,01 8	$	(1 8,836)
$	(859)	$	33 ,527	$	34, 1 27	$	(600)	
Reserves	$	2,984	$	3,001	$	(1 7)	$	7,5 51	$	6,800	$	751 	
Total Expenditures	$	1 2 8,7 67	$	1 41 .486	$	(1 2,71 8)	$	374,074	$	401 ,894	$	{27,820)	

Restaurant	$	768	$	780	$	(1 2)	$	2,734	$	2,537	$	1 97

Operating lncome/(Loss)	$	1 8,624	$	1�55	_$

(3�	$	41 ,026	$	20,044	$	(20,981) 

I. Cash Flows:	Actuals

Viera East Cash Flow Analysis FY 2018

Projections	 	

I October I November I December I I

January    I February   I	March

April	I

May	I

June	I	July	I	August       I September   I	Totals

!i!Mling EIID!lli
Carry Forward	I

$    65,313 I $   48,582 I$	10,402 I I $

85,357 I$   107,813 I$      160,376 I$   241,998 I$ 	276,182 I$ 

278,282 I$	269,039 I$	235,290 1 $	213,619 I

Revenues

1 $ 115,468 I $ 150,030 I $ 156,441 I I $

171,419 I $ 201,732 I $ 230,988 $

183,227 I $

150,799 I $

139,520 I$	114,846 I $	127,007 I$	90,879 I$ 1,832,356

Golf Course

I	114.731 I $ 148,232 I$ 152,746 I

$ 1 70,457 1 $ 200,598 1 $ 229,688 $ 182, 198 1 $

149.954 I $

138,739 I$	114, 205 I $	126,297 I $	90,374 I $ 1,818,219

Course Operations  $
Restaurant! $

737 1  $	1, 798 I $ 	3,695 1

II $

962 1 $	1, 134 I $	1,300 $

1,029 1 $	845 I $ 

781 I$ 	641 1 $	710 I $	505 I$	14,137

TotalAll CashI $ 180,781 I $ 198,612 I $ 226,843 j I $

256,776 I $ 309 545 I :i 391 364 $

425 225 I$ 

426 981 1 $

417 801 1 $	383 885 I $	362296 1  $	304,497 1 $ 1 832 356

Expenses

$ 132,198 I s 12a,210 I S

141,486 I I S

148,964 I$ 149,168 I $ 149,366 $

149,043 I$ 

148,700 I $

148,762 I $	148,596 I$	148,678 I $	147,634 I $ 1,740,805

Golf Course	I 131,305 I $ 127,346 1 $ 140,706 1 1 $

147,819 I$ 147,819 I $ 147,819 $ 147,819 I $

147,694 I $ 

147,833 I $	147,833 I$	147,833 I$	147,033 I $ 1,728,859

Course  Operations! $
Restaurant! $

893 I $	864 I $ 

7so I I $

1, 145 I $	1,349 I$	1,547   $ 	1,225 I $

1,006 I$ 

929 I$	763 I$	845 I$ 

11,946

Cash Less E,rpensesl $

48,582I$ 

70,402 j $

85,357 I I s

107,813 I$   160,376 I$   241,998 Is 

276.182j $

278,282 I$ 

269,039j$	235,290 Is 21J.s19 Is	156,863 I
Projected Revenues FY 2018	$ 1,832,356

s

Projected  Expenses FY 2018	$    1 740 805
Projected  Surplus(Deficit) FY 2018	91 550

Viera East Community Development District
Detailed Rounds of Golf Report

353
743

395

Dec-17

Rounds of Golf
Paid Rounds
Rounds of Golf- Associate Member	
Monthly	

8%	
Year to Date

1,081	

9%	
Rounds of Golf- CDD Resident		17%	2,345	19%	
Rounds of Golf - Public	1,525	35%	4,281	35%	
Rounds of Golf - Golf Now / EZ Links	477	11%	1,255	10%	
Rounds of Golf- Tournaments	147	3%		3%	
Rounds of Golf- Misc		0%		0%	
Rain Check Issued	-14	0%	179	-1%	
Total Paid Rounds	3,231		9,178		
Member Rounds					
Rounds of Golf - Members	635	14%	1,748	14%	
Total Member Rounds	635		1,748		
Comp Rounds					
Rounds of Golf- Staff/Comp	115	3%	392	3%	
Rounds of Golf GolfNow EZ Links - Trade	309	7%	770	6%	
Rounds of Golf- Other Comp	127	3%	305	2%	
Total Comp Rounds	551		1,467		
TOTAL ROUNDS OF GOLF	4,417	100%	12,393	100%	

Revenues					
	Monthly		Year to Date		
Greens Fee Revenue					
Rounds of Golf- Associate Member	$12,290	11%	$37,661	13%	
Rounds of Golf- CDD Resident	$22,145	20%	$67,669	23%	
Rounds of Golf - Public	$48,455	44%	$137,899	46%	
Rounds of Golf - Golf Now / EZ Links	$18,144	17%	$45,209	15%	
Rounds ofGolf- Tournaments	$8,577	8%	$13,969	5%	
Rounds of Golf- Misc	$0	0%	$0	0%	
Rain Check Issued	($405)	0%	($4,364)	-1%	
TOTAL GREENS FEE REVENUE	$109,206	100%	$298,043	100%	

Averaee $ per Round of Golf					
	Monthly		Year to Date		
Averal!e S 11er round of Golf					
Rounds of Golf- Associate Member	$34.82				
Rounds of Golf- CDD Resident	$29.80	$28.86	
Rounds of Golf - Public	$31.77	$32.21	
Rounds of Golf - Golf Now / EZ Links	$38.04	$36.02	
Rounds of Golf- Tournaments	$58.35	$35.36	
Rounds of Golf- Misc	$0.00	$0.00	
Rain Check Issued	$28.93	$24.38	
TOTAL - Average $ per round of Golf	$33.80	$32.47	

$34.84

Monthly
Membership Revenue	$17,057
Average S per round of Golf	$26.86

Year to Date
$51,830
$29.65