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Viera East
Community Development District

Unaudited Financial Reporting
February 28, 2018

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TABLE OF CONTENTS

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Assets

Viera East              Community Development District Combined Balance Sheet
February 28, 2018
Governmental Fundn,pes

General	Cap_ltal Reserve	Debt Service

----

----

Totals Jimf..Cizu�eLBem1aUon	(memorandum on/

---

Operating Account

$664,91--9-

$8,66--9--	----

$800,138	$1,473,726

Accounts Receivable
Assessment Receivable Rent Receivable
Due From Golf Course

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

----

$102,93--8-	--	----

$1,21--3--
$97--1-

$1,213

$971

$0
$102,938

Due From General Fund

---

$38,58--3--

$43,758	$82,341

Due From Capital Reserve Due fromDebt Service

$--5-	----	----

$6,00--0-

$6,000

Due from Other Inventory - Pro Shop
Investments:
State Board
Benefit Assessment• Series 2012 Reserve - Series 2012
Bond Service 2006 Improvements (Net ofDepreciation)

---	---	---

----

----

----	$173,90--0--	..--....--..
----	----
----	----	$2,363,089

---

----

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

$1,717	$1,717
$86,876	$86,876
---	$173,900
$1,072	$1,072
$281,404	$281,404
........	$2,363,089
$1,259,416	$1,259,416

Prepaid Expenses-Debt Prepaid Expenses- Operations

----
$7,496

-..-..-....	----

----	$0
$128,311	$135,807

!Total Assets
Liabilities
Accounts Payable

$77S,3S8	$182,S69	$21401,672
---	---

$2,610,877	$S,97014761
$32,220	$32,220

Accrued Expenses
Deferred Revenue- Season Advance
Deferred Revenue- Special Assessments O&M
Deferred Revenue- Special AssessmentsDebt Deposit-Divots Grill

$2,60--4-
----

---

-..-..-...-..

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

........
---
----
----
----

$2,104	$4,708
$110,694	$110,694
$13,141	$13,141
$274,346	$274,346
$8,000	$8,000

Due to General Fund Accrued Interest Payable

---	----	----

----

----	----

$102,938	$102,943
$87,143	$87,143

Accrued Principal Payable Golf Cart Lease Payable
Sales Tax Payable

--	----	----

---	----

---	---	----

$126,66--7--
$1S,385
($1,169)

$126,667
$0
$15,385

EventDeposits
Due to Golf Course

$43,758	$6,00--0-

---

--

---

----

($1,169)
$49,758

Due toDebt Service Due to Capital Reserve

$38,583

------	----

-	$38,583

Accrued Payroll Payable
Bonds Payable - Series 2012 BondDiscount
Deferred Loss
Fund Equity
Net Assets Fund Balances
Assigned - First Quarter

$6,93-6-	----	----

---	----

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

----

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

$15,668	$22,604
$4,080,000	$4,080,000
($20,623)	($20,623)
($225,134)	($225,134)

($2,010,503)	($2,010,503)
---	$176,000

Assigned - Prepaid Expenses Unassigned
Restricted forDebt Service

$7,496
$499,98-1-

$176,569

----
$2,401,666

---	$7,496
--	$676,550
---	$2,401,666

!Total Liabilities, Fund Equity, Other

$775,358	$182,S69	$2,401,672

Page 1

$2,610,877	$5,970,476 I

Revenues

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending February 28, 2018
Adopted	Prorated Budget	Actual
Bud  et	2 28 18	2 28 18	Variance

Maintenance Assessments	$808,157	$736,701	$736,701		$0 Golf Course Administrative Services		$56,280		$23,450		$23,450		$0 Interest Income			$100			$42			$13	($29)
Total Revenues	 	$864,536	$760,192	$760,164    	($29)1
Administrative Expenditures
Supervisors Fees	$30,195	$12,581	$10,997	$1,584
Engineering Fees	$5,000	$2,083	$1,125	$958
Attorney's Fees	$5,000	$2,083	$0	$2,083
Dissemination	$1,000	$417	$417	$0
Trustee Fees	$5,600	$2,333	$2,333	($0)
Annual Audit	$6,500	$2,708	$2,754	($46)
Collection Agent	$2,500	$1,042	$1,042	($0)

$439

Management Fees	$97,515	$40,631	$40,631	$0
Postage	$2,500	$1,042	$602
Printing & Binding	$4,500	$1,875	$245	$1,630
Insurance- Liability	$7,293	$3,039	$2,823	$216
Legal Advertising	$2,500	$1,042	$0	$1,042
Other Current Charges	$1,500	$625	$371	$254

Office Supplies	$3,000	$1,250

$73

Dues & Licenses	$175	$73

$314
($0)

Information Technology	$3,400	$1,417	$1,417	$0
Total Administrative	$178,178	$74,241	$65,603	ss,63a 1

Page2

Operating Expenditures

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending February 28, 2018
Adopted	Prorated Budget	Actual
Bud et	2  28  18	2  28  18	Variance

$589

Salaries	$131,660	$54,858	$54,361	$498
Administrative Fee	$1,199	$500	($90)
FICA Expense	$10,072	$4,197	$4,061	$136
Employee Insurance	$7,667	$3,195	$3,165	$29

$355

Workers Compensation	$2,581	$1,075	$1,132	($57)
Unemployment	$853	$657	($301)
Other Contractual	$6,500	$2,708	$2,698	$11
Training	$500	$208	$0	$208
Uniforms			$500		$208		$0			$208 Total Operating	 	$161,532	$67,305	$66,663		$642 1
Maintenance Expenditures

Lake Bank Restoration
Environmental Services Water Management System
Control Burns Contingencies	$60,000
$27,000
$99,000
$15,000
$9,000	$25,000
$11,250
$41,250
$6,250
$3,750	$0
$3,791
$31,770
$0
$970	$25,000
$7,459
$9,480
$6,250
$2,780	
Fire Line Maintenance Basin Repair
Total Maintenance	$5,000
$4,000
$230,000	$2,083
$1,667
$95,833	$0
$0
$41,294	$2,083
$1,667
ss4,s40 I	

Canal Maintenance	$11,000	$4,583	$4,764	($180)

Page3

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending February 28, 2018
Adopted	Prorated Budget Bud et		2 28 18

Actual 2 28 18

Variance

Grounds Maintenance Expenditures

Salaries	$145,559	$60,650
Administrative Fees	$3,289	$1,370
FICA	$11,135	$4,640
Health Insurance	$24,205	$10,085
Workers Compensation	$2,853	$1,189
Unemployment	$2,132	$888
Telephone	$2,000	$833
Utilities	$7,700	$3,208
Property Appraiser	$1,990	$829
Insurance	$1,359	$566
Repairs	$14,000	$5,833
Fuel	$16,500	$6,875
Park Maintenance	$3,000	$1,250
Sidewalk Maintenance	$5,000	$2,083
Chemicals	$5,000	$2,083
Contingencies	$6,000	$2,500

$417

Refuse	$9,000	$3,750

Uniforms
Rain Bird Pump System Maintenance Reserve - Transfer Out	$3,000
$18,500
$11,604	$1,250
$7,708
$4,835	$1,048
$4,554
$4,835	$202
$3,155
$0	

Total Grounds Maintenance	
$294,826	
$122,844	
$114,185	$8,659 I	
Total Expenditures	$864,536	$360,223	$287,745	sn,479 I	

Excess Revenue/(Expenditures)	$0		
$472,419		
Beginning Fund Balance	$0		$211,058		

Ending Fund Balance	$0		
$683,477		

Office Supplies	$1,000

$60,520
$1,391
$4,388
$11,774
$1,258
$1,371
$2,330
$2,100
$1,986
$488
$3,963
$748
$1,364
$5,245
$1,009
$1,122

$15

$2,676

$129 ($21)
$251 ($1,688)
($69)
($483) ($1,496)
$1,108 ($1,157)
$79
$1,871
$6,127 ($114)
($3,162)
$1,074
$1,378
$1,074
$402

Page4

Viera East
Community Development District
Capital Reserve Fund Statement of Revenues & Expenditures For Period Ending February 28, 2018

Revenues		

Interest Income	
$250	$104	$1,164	
$1,060	
Reserve Funding - Transfer In (General)	$11,604	$4,835	$4,835	$0	
Reserve Funding - Transfer In (Golt)	$30,899	$12,875	$12,029		
Total Revenues	 	$42,753	$17,814	$18,029		$21S l	
Expenditures			
Capital Outlay	$125,000	$66,689	$66,689	$0	
Transfer Out	$0	$0	$0	$0	

Adopted Bud et

Prorated Budget 2 28 18

Actual 2 28 18

Variance

Total Expenditures	 	$125,000	$66,689	$66,689	

so I

{$82,247)

{$48,660)

Excess  Revenues/(Expenditures)	 		 	

Beginning Fund Balance	$785,491
Ending Fund Balance	$703,244

Page5

$225,229
$176,S69

Viera East Community Development District
Capital Reseive Fund Capital Outlay Check Register Detail
For Period Ending Februai:y 28, 2018
Check Date	Vendor	Detail
Capital Outiav
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

S	66,689.00

Page6

Viera East
Community Development District
Debt Service Fund Statement of Revenues & Expenditures For Period Ending February 28, 2018

Revenues
Special Assessments

Adopted	Prorated Budget		Actual Bud et		2 28 18	2 28 18

$42

Interest Income	$100		$604	$562	
Total Revenues	$2,423,270	$2,208,958	$2,209,520	$s62 I	
Expenditures					

$2,423,170	$2,208,916	$2,208,916

Variance

$0

Series 2006
Interest-11/1 Interest-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
$0 I

Excess Revenues/(Expenditures)	($16,941)	$1,917,852	
Beginning Fund Balance	 	$466,966	$483,815	
Ending Fund Balance	$450,026	$2,401,666	

Page?

Community Development District

Vt   aEast
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending February 28, 2018

Budset

Number of Rounds

ABduolll!ptetd II

Actuals

Current Month

Variance II

Actuals

YeaBru-tdos-Detate

Variance

Paid Rounds Member Rounds

Paid Rounds		$38		$3	$34	$38	($4)	
Revenues
Greens Fees/Cart Fees	
$1,296,290	
$160,783	
$148,425	
$12,358	
$561,714	
$585,275	
($23,561}	

Comp Rounds Total Memberships Revenue per Round

37,250	4,243	4,224
10,000	697	1,134
6,000	678	680
60	2

19
(2)
2

16,714	15,604	1,110
3,405	4,189	(784)

43

2,861	2,513	348
60	(17)

Gift Cards - Sales Gift Cards - Usage
SeasonAdvancefTrall Fees
Associate Memberships Driving Range

$25,000		$956		$2,863 ($25,000}	($2,093}	($2,863}
$210,000	$16,684	$24,045
$42,000	$3,950	$4,809

$175

$72,000	$8,578	$8,244

($1,907}

($859)
$334

$770 ($7,361}

$6,182	$11,288	($5,106)
($9,592)	($11,288}	$1,696
$85,939	$94,815	($8,876}
$19,434	$18,963	$471

$948

$32,786	$32,508	$278

GolfLessons

$2,100

$240

($65)

$875

Merchandise Sales Restaurant

Total Revenues

Special Assessments - Operations Miscellaneous Income
I
GolfCourse Expenditures
Other Contractual Services Telephone/Internet
Postage
Printing & Binding Utilities
Repairs & Maintenance Advertising

$115,000	$12,684	$13,168
$10,000	$1,783	$1,145
$22,527	$1,877	$1,876
$15,000		$3,848		$1,250 u,784,91711	$209,224	$203,202

$18,000	$781	$1,499
$9,308	$448	$775
$450	$250	$37
$1,000
$5,000	$435
$7,000	$2,079

$3,173

$45,000	$4,879	$3,749

($483)
$638
$1
$2,598
$6,022 11

$327
$83

$718 ($213)
($18) ($1,496)
($1,130)

$49,793	$51,923	($2,129)
$10,434	$4,515	$5,919
$9,386	$9,382	$4
$10,226	$6,248	$3,979
$777,178	$804,577

$4,447	$7,497	$3,050

$949

$2,020	$3,877	$1,856
$187	($762)
$1,304	$417	($887)
$1,961	$2,083	$122
$3,565	$2,916	{$649)
$19,463	$18,743	($721)

Bank Charges Office Supplies

$30,500
$1,500

$2,541
$125

($632)
($9)

$12,017	$12,703	$686

$713

$625	($88)

Dues, Licenses & Subscriptions Drug Testing -All Departments	$2,000
$500	$446
$68	$167
$42	($279)
($26)	$1,715
$356	$833
$208	($882)
($148)	
Training. Education & Employee Relations
Contractual Security	$2,500
$5,000	$163
$120	$208
$417	$46
$297	$3,109
$1,591	$1,041
$2,083	($2,067)
$492	
IT Services	$3,000	$0	$250	$250	$684	$1,250	$566	

Operating Supplies

$9,500	$421	$791

$371

$1,559	$3,957	$2,398

Total Golf CourseExpenditures	I

$140,2S81!	$13,396	$11,683

Page  8

ts1,7131I I

 	$55,452	$58,417	sz,966 I

Community Development Dlsb'lct

For Period Ending February 28, 2018

Viera East GoStlfaCteomuresnet/oRfeRcerevaetniounesF&unEdxp- eOnpdeirtautrieosns

ABduodpatetd II

Actuals

CurrBeundtgMeot nth

Variance II

Actuals

YeaBru-todg-Detate

Variance

RUetisltitaiuersant Expenditures

$9,000	$788	$1,021	$233	$3,946	$3,770	($176)

$91

$98

EPqesutipCmonetnrtoLl ease	$1,,8100

$0	$10245

$204

$36$02	$45641

$754

Total Restaurant Expenditures	I	su,9ool l	$879	$1,349		s411 1 1	$4,308	$4,98S	$677 i

GolfOperation Expenditures

$222,204	$17,893	$18,516	$624	$80,502	$92,581	$12,079

($345)

ASadlmariineisstrative Fee	2	16	,071

,472	$5,357	($1,115)

$993

FHIeCaAltEhxInpseunrsaence

$17$,425631

$1,369	$1,4$38	$(6$98)

$6$,19590

$7$,19882

$1,030

$1,793

WUnoermkeprlosyCmomenptensation

$9,,4322

$373

$376778

($2(1$64)	$31,636$20

$3,884	$516252

77	42

GUotillfitPierisnting

$20$,500

$0	$1,7$0281

($842)	$8,57$90

$8$,250482

$(2$0378)

($233)

RPesptaCirosntrol	$1$,82500	$0	$150	$1$5201	$0	$70540	$70540

$833

$833

SUunpifoplriemss	$1,5000

$1,93$0	$212505	($1$,618205)	$2,9$102	$1$,622550	($1$,6225)

TFuraeilning. Education & Employee Relations	$2$,5000

$0	$167	$167

$0	$208

($1$,280198)

Cart MLeaaisnetenance

$4$42,,060306	$3,786	$3,553

$833

$1$93,,518549

$$171,6767	($(1$,429732)

$353,20411 

Driving Range	$10,000	$0	$833	$4,439 	$4,167 

$730

$333

Total GolfOperation Expenditures	I	$30,328	$29,433	[$89511 I	$137,035	$147,164	s10,1z9  I
MCoesrct ohfanGdoiosdesSSaolelsd	 	$77,000     	$8,399	$6,417	($1,982)	$32,502	$32,083	($418)
Total Merchandise Sales	I	$77,oool l  	$8,399	$6,417		$32,502	$32,083	($418)1

Page  9

Community Development District

For Period Ending February 28, 2018

Viera East GSotlfaCteomuresnet/oRfeRcreevaetniounesF&unEdxp- eOnpdeirtautrieosns

GolfCourse Maintenance

�::�d      II

Actuals

CurrBeunllgt Metonth

Variance 11

Actuals

VeaBru-tdog-Detate

Variance

ASadlmariineisstrative Fees

$41$87,659082	$33$,747179

$34$,79252	$1(,$35745)

$15$83,7079

$17$3,65249	$15(,5$850)

$3,544

EFImCpAloEyxepeenInsseurance	$582,,975257	$2,462

$42,91273	$1$,32696

$14,,719680

$243,56356

$1$01,,834967

CDorungsuTlteisntginFgees	$6$,40020	$1,000	$500	($500)	$3,00$0	$2,500	($500)

WUnoermkeprlsoyCmomenptensation

$86,,368147	$1$,649102	$699

($85$97)	$3,28816	$2,757	($1$,200589)

$3,493

$$53551

TUetilleitpiheso/nWe/aItnetrernet

$2$52,,7500	$1,86$05	$2$,124082	$20787	$9,83$01	$1$01,74028

$1,042

FRueepla&irsOil	$3452,,000	$42,,43690

$3,500	$1,010

$18,,64362	$147,,5830	($41,,8062)

PIrersigtaCtoionntr/oDlrainage	$3$41,,5000	$1$,129597	$2$,812533	$(1$,6134)

$16,,504282	$14$,616257	$(8$,914235)

FSalonwdearn/dMTuolcphsoil	$$17,0500	$1,296001	$1$,458538

($677)	$1,,387142	$2,917	$(1$,54230)

SFeertdi/liSzoedr	$1$2140,,000

$1$01,,547195	$1$01,,016070

($412)

$$581,,09522

$50,000

($31,,08582)

TCoransthinRgenmcoyval

$6,,000	$2$,29701	$56070	($(2$,4101)	$8$,6177	$2$,850330

FOiffirscteASidupplies	$$560000

$52$60

($484)

$$536268

$$220580	(($3118)81$

TOrpaeirnaitnigng Supplies	$18$,5000	$2$,11013

$1,500	($(6$6381)

$5$,59892	$7$,25080	$(1$,5073  84)

JSaoniilt&orWiaal tSeurpTpelisetsing	$1$,8000	$0

$1$,299847	$417	($5671)

$333

EUqnuifoiprmmesnt Rental

$1$40,,0500

$5$503	$875	$322	$3,163

$14,,636757	$1,,022132

$333

SEmquailplmToeonltsLease	$148$,5000	$13,4503$	$12,34323$	($1,120)	$51,36$09	$61$,606872	$10$,20987
Total GolfCourse Maintenance	I  $1,030,903! I	$88,574	$85,909	[$2,666}1 I  	$392,765	$429,543	$36,778 I

Page  10

CommunityDevelopment District

For Period Ending Februaiy 28, 2018

Vi   a East GoSltfaCteomuresnet/oRfeRcerevaetniounesF&unEdxp- eOnpdeirtautrieosns

AB'!:%;:id

Actuals

CurrBeunt Mont h 

Year-to-Date

Administrative Expenditures

11	dget

Variance II

Actuals	Budget	Variance

ALergbaitlrFageees

$1$,6500

$0	$125

$125

$250	$22550

$62$50

Trustee Fees

Dissemination
AGonlnfuCaoluArusediAtdministrative Services

$3,,07050
$56,280

$313

$125

$313

$4,690

$8
$4$,612950

$0	$1$,546173
$0	$23,450

$1$,546137
$23,450	$0

PInrsouprearntyceTaxes

$7$61,,000

$5,307

$5$,590107

$6($140)

$2$53,83092

$2$92,,50803

($1,,834025)

$1 0

Total AdministrativeExpenditures	I

$141,6301 1

$83

$504

$11,072

$11,803

 	s131 11 

$625

$625

$55,845	$59,013

ROpeneerawtainlg&RReespervlaceesment

$30,89$09

$2,9$20	$2,57$05

($34$50)

$12,84$90	$12,87$05	$2$60

Total Reserves	I
Total Revenues	I

u,185,7951 I

$1!78419171 1

 	$2,920	$2,575	

$2091224

$203,202

($34511 I
$6,022 11 

$12,849	$12,875	s26 I

$53,3251

$777,178	$804,577	{$27,399)1

TotalExpenditures	I
Operating Income (Loss)	I
Non Operating Revenues/(Expendltures)

cs8101! I

$1S5,S69	$149,168
$53,656	$54,034

-s6,4ool l
{$378)11 

$690,755	$744,080

($35)

$861422	S60,497	S2S,926 I

SInpteecrieasltAInssceosmsmeents

$55$81,,030505

$46,530

$46,5$8330

$0	$232$,62648	$232$,644187	($14$90)

TInrtaenrsefsetrEIxnpense

($178,47$80)

($14,87$30)

($14,873)

($0)	($74,36$60)	($74,366)	($0)

TProitanclipNaolnExOppeenraseting Revenues/(Expendltures)    I

!$380$,807080111 

($31,$63687)

$73

[$,3s5o]l  1

[$158$,231373)

S366	($1!4$90]�

Change in Net Assets	I	soi l

---

S54,10--7-

-·(--$414}11 

S86,639	S60,862	S25,777 I

ding Net Assets	I

oi l

EBneginningNet Assets 	I

soi l

.....

Page 11

----

---

II ($2,097,142)

{$158,333)

I I (S2,010,503}

Revenues

Viera East General Fund Monthto Month
October	November	De<:ember	1anuaa	Februa!I	March	4er11	Ma!	1une	1u1z	Ao1ust	Seetember	Total

Maintenance Assessments	$261	$171,080	$50B,B11	$43,681	$12,868

$0	$0	$0	$0	$0	$0	$736,701

Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$0	$0	$0	$0	$0	$0

$23,450

Interest Income	$0	$0

$11

$0	$0	$0	$0	$0	$0	$13

Total Revenues	I	54,951	!175,770	!513,501	li81382	!17,559	!0	JO	!!!	10	f0	!0	so	$760,164 J
Administrative Expenditures

Supervisors Fees	$2,272	$3,293	$1,580	$1,350	$2,503	$0	$0	$0	$0	$0	$0

$10,997

Engineerlng Fees	$0	$1,125	$0	$0

$0	$0	$0	$0	$0	$0	$1,125

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

$83

$83

Dissemtnatton

$83

$0	$0

$0	$0	$0	$0

Trustee Fees	$467	$467	$467	$467

$0	$0	$0	$0	$0	$0	$0	$2,333

Annual Audit	$542	$542	$542	$588	$542	$0	$0	$0	$0	$0	$0	$0	$2,754

Collection Agent

$208	$208	S208	$208	$0	so	$0	$0	$0	$0	$0	$1,042

Management Fees	$8,126	$8,126	S8,126	$8,126	$8,126	$0	$0	$0	$0	$0	$0	$0	$40,631

Postage	$33	S130	$143

S56

so	$0	$0	so	$0	$0

Printing & Binding	$61	S68	$62	$54	$0	$0	$0	$0	$0	$0

$0	$245

Insurance- Liability	$565	$565	$565

$565	$0	$0	$0	$0	$0	$0	$0

$85

Legal Advertising	$0

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

Other Current Charges

$77

$135	$0

$0	$0	$0	$0	$0

$371

Office Supplies	$265	S250	$250	$20	$150

$0	$0	$0	$0	$0

$936

Dues & Licenses

$15	$15	$15	$0	so	$0	$0	$0	$0	so

Information Technology	$283	$283	$283	$283	$283	$0	$0	$0

$0	$0	$0	$1,417

Total Administrative	I	112,994	i15,z3z	!12,409	!11,971
Operating Expend/tun,s

10	io	so	10	10	io	!!!	!65,603 1

Salaries	$11,475	$10,397	$11,213	$10,056	$11,219	$0	$0	$0	$0	$0	$0	$0	$54,361

$589

Administration Fee	$121	$117	$121	$109

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

FICA Expense	$852	$771	$848	$750

$0	$0	$0	$0	$0

$0	$4,061

Health Insurance	$580	$430

$586	$839

$0	$0	$0	$0	$0

$3,165

$239

Workers Compensation

$217

$209

$0	$0	$0	$0	$0	$0	$0	$1,132

Unemployment	$0	$0

$586	$70	so	$0

$0	$0	$0	$0	$657

Other Contractual	$516	$516	$646	$176	$842	$0	$0	$0	$0	$0	$0	$0	$2,698

Training	$0	$0	$0	$0

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

Uniforms

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

Total Operating	I	!13,783	!12,448	!13,794	$121473	!14116S	io	!O	!!!	!O	!O	!O	io	!66,663 1

Page 12

Viera East General Fund Month to Month

Maintenance Expenditures

O.ctq_�ovember	December	(anua!l	Febnia!J:	March	Ae111	Ma:i:	June	(ul:i:	AU(!!5l	Seetember	Total

Canal Maintenance	$0	$0	$0	$4,764
Lake Bank Restoration	$0	$0	$0	$0

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

$4,764

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

Environmental Services	$0	$3,631

$80	$80	$0	$0	$0	$0	$0

$3,791

Water Management System	$7,S6S	$7,76S	$8,67S	$7,76S	$0	$0

$0	$0	$0	$0	$0	$31,770

Control Burns	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

$970

Contingencies	$0	$0	$0

$0	$0	$0	$0	$0	$0	$0	$0	$970

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

Basin Repair

$0	$0

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

Total Maintenance	L	S7.565	 	

58,675	$13,578

so	so	so	so	$0	so	so	s41,294 I

Grounds Maintenance E,cpenditures

Salaries	$12,48S	$12,041	$12,460	$11,121	$12,413	$0	$0	$0	$0	$0	$0	$0	$60,520

Administrative Fees	$286

$286	$2S8	$286	$0	$0	$0	$0	$0	$0	$0	$1,391

FICA	$897	$86S	$899	$827	$900

$0	$0	$0	$0

$0	$4,388

Health Insurance	$1,800	$1,395	$1,867	$3,877	$2,834	$0	$0	$0	$0	$0	$0	$0	$11,774

Workers Compensation	$260	$2S1	$259	$231	$258

$0	$0	$0	$0	$0	$0	$1,258

Unemployment	$20	$20	$20	$702	$608	$0	$0	$0	$0

$0	$1,371

Telephone	$366	$366	$366	$865	$366

$0	$0	$0	$0	$0	$0	$2,330

Utilities	$413	$401	$401	$419	$466	$0	$0	$0	$0	$0	$0	$0	$2,100
Property Appraiser	$0	$0	$0	$0	$1,986	$0	$0	$0	$0	$0	$0	$0	$1,986

$98

$748

Insurance- Property	$98	$98	$98	$98	$0	$0	$0	$0	$0	$0	$0	$488

Repairs	$867	$1,481	$S89	$231

$0	$0	$0	$0	$0	so	$0	$3,963

Fuel	$0	$0	$210

$136	$0	$0

$0	$0	so	$0

Park Maintenance	$1S4	$712	$170	$172	$156	$0	$0

$0	$0

$0	$1,364

Sidewalk Repair	$0	$0	$3,265	$0	$1,980	$0	$0	so	$0	$0	$0	$0	$5,245

Chemicals	$0	$202	$129	$51	$627	$0

$0	$0	$0	$0	$0	$1,009

$741

Contingencies	$72	$0	$490	$350	$210	$0	$0	$0	$0	$0	$0	$0	$1,122

Refuse	$430	$645	$215

$0	$0	$0	$0	$0	$0	$0	$2,676

$15

$304

Office Supplies	$0	$0	$0	$15	so	so	$0	$0	$0	so	$0

Uniforms

$199	$182	$182	$0	$0	$0	$0	$0	$0	$0	$1,048

Rain Bird Pump System	$0	$3,104	$0	$0	$1,450	$0	$0

$0	$0

$4,554

Maintenance Reserve• Transfer Out	$967	$967	$967	$967	$967	$0	$0	$0	$0	$0	$0	$0	$4,835
Total Grounds Maintenance	I	St9.419	523,004	$22.889	$21.510	$27.363	so	so	so	so	so	$0	so	U1U85 I
Total Expenditures	I	$53.761	s62,oeo	$57.767	554160S	so	so	so	so	so	so	so	$287.745 1
Excess Revenue/(Expendltures)	I	154810101	$113,690	�SS,734     1!1!,151)   (S37.04SJ	so	so	so	so	!!!	so	!!!	S472.4t9 i

Page 13

Numberof Rounds

October

November	December	Janua!l

Viera East GolfCourse Month to Month

Februa!I	March	Aertl	Maz	fune

A�	Seph!mber	Total

Paid Rounds Member Rounds Comp Rounds
RevenueperRound

2,647
429

3,298	3,234	3,292
637	948

$31

541	549	688

4,243	0	0	0	0	0	0	0	16,714
697	0	0	0	0	0	0	0	3,405
678	0	0	0	0	0	0	0	2,861

Paid Rounds
Revenues:

$34	$31

$38	$0	$0	$0	$0

$0	$0	$166

Greens Fees

$82,152

$107,108	$109,381	$102,291

$160,783	$0	$0	$0	$0	$0	$0

$561,714

Gift Cards • Sales Gift Cards •Usage

$188 ($725)

$1,019	$3,373	$647
($1,711)	($2,683)	($2,379)

($2,093)	$0

$0	$0	$0	$0	$6,182

$85,939

$0	$0	$0	so

Season Advance/Trail Fees

$16,716

$18,058	$17,058	$17,424

$16,684	$0	$0	$0

$0	so

Associate Memberships

$2,449

$4,266	$3,239	$5,530

$3,950	$0	$0	$0	$0	so	$0	so	$19,434

$875

Driving Range

$3,816

$6,821	$6,875	$6,696

$8,578	$0	$0	$0	$0

$0	so	$32,786

Golf Lessons

$175

$175

$175

$175	$0

$0	$0	$0	$0

Merchandise Sales
Restaurant
Special Assessments • Operations

$7,249
$737
$1,877

$8,801	$12,754	$8,305
$1,798	$3,695	$2,421
$1,877	$1,877	$1,877

$12,684	$0	$0
$1,783	$0	$0
$1,877	$0	$0

$0	$0	$0	$0	$49,793
$0	$0	$0	$0	$10,434

$0

$0	$0	$0	$9,386

Miscellaneous Income Total Revenues
GolfCourse Expenditures;
Other Contractual Services

$834

$115,468

I
$1,319

$1,817	$699	$3,028
$150,030	$156,441	$146,015

$681	$1,123

$3,848	$0	$0	$0	$0	$0	$0

szogaz•

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

$781	$0	$0	$0	$0	$0	$0

$10,226

$777,178 )

$4,447

Telephone/Internet Pos1age

$393
$447

$289	$497	$393
$253	$0

$448	$0
$250	$0	so

$0	$0
$0	$0	$0

$0	$0	$2,020
$0	$0	$949

Printing & Binding

$0	$81	$645	$578

$435

$0	$0

$0	So	$0

so	$0	$1,304

$546

$0	$0

Utilities
Repairs & Maintenance

$281
$405

$455
$270

$333
$265

$2,079	$0	so	$0

$0	$0	$1,961
$0	$0	$0	$0	$3,565

Advertising

$3,585

$1,156	$7,073	$2,770

$0	so	$0	so	$0	so

$19,463

$134

Bank Charges

$1,222

$2,149	$2,754	$2,720	$3,173	$0	$0	$0	$0	$0	$0	$0	$12,017

Office Suppltes

$191

$0	$0	$0	$0

$0	$0

$713

OperatingSupplies

$691

$195	$180	$72

$421	$0	$0

$0	$0	$0	$0	$1,559

$976

$89

Dues, Licenses & Subscriptions Drug Testing - All Departments

$161

$110	$22
$0	$110

$446	$0
$68	$0

$0	$0	$0	$1,715

$0	$0

$0

$0	$0	$0	$356

Training, Education & Employee Relations
Contractual Security

$142
$120

$0	$2,804
$1,061	$170	$120

$163	$0
$120	$0

$0	$0	$0	$0

$0	$3,109
$1,591

$13,396

IT Services

so	$139	$255	$290

$0	$0	$0	so	$0	$0	$0	$0	$684

Total GolfCourse Expenditures

$773
$91

ReswurontE,cpenditures:

I	$6,808	$17,031

$0	$0	$0	$0

$0	$0	$5S14S2 I

Utilities

$804

$689	$891

$788	so	$0	$0	$0	$0	$0	$0	$3,946

Pest Control

$0	$0

$0	$0	$0	$0

$0	$0	$0	$0

Equipment Lease

$1	$91	$0

$0	$0	$0	$0	$0	$362

TotalRestaurant Expenditures

I	$893

$864	$780	$892

$879

$0	$0	$0	$0

Page 14

Viera East GolfCourse Month to Month

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

GolfOperations;
Salartes

$17,326	$15,066	$15,446	$14,772	$17,893	$0

$0	$0	$0	$0	$0	$80,502

Administrative Fee	$1,233	$1,239	$1,307	$1,276	$1,416	$0	$0	$0	$0	$0	$0	$0	$6,472

$35

FICA Expense	$1,325	$1,153	$1,182	$1,130	$1,369	$0	$0	$0	$0	$0	$0	$0	$6,159

$314

$373
$993

Health Insurance	$86	($24)	$46	$46	$0	$0	$0	$0	$0	$0	$0	$190

Workers Compensation	$361

$322	$308

$0	$0	$0	$0	$0	$0	$0	$1,677

Unemployment	$615	$425	$441	$889	$0	$0	$0	so	$0	$0	$0	$3,362
Golf Prtnting		$0		$0		$0		$0		$0	$0	$0	$0	So	$0	$0	$0		$0 Utilities	$1.504	$1,808	$1,686	$1,788	$1,793	$0	$0	$0	$0	$0	$0	$0	$8,579
Repairs	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

$599

Pest Control	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Supplies	$191	$102

$1,930	$0	$0	$0	$0	$0	$0

$2,912

Uniforms	$0	$0	$0	$0

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

Training. Education & Employee Relations	$0	$0	$0	$0	$0	$0	$0	$0

$0	$0	$0	$0

Fuel

$0	$0

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

$509

$730

$4,439

Cart I.ease	$3,550	$3,550	$4,913	$3,786	$3,786	$0	$0	$0	$0	$0	$0	$0	$19,584

$3,409

Cart Maintenance	$0	$986

$934

$0	$0	$0	$0

$0	$0	$3,159

$251250

Drtvlng Range	$632	$632	($233)

$0	$0

$0	$0	$0	$0

Total GolfOperatton Expenditures	I	SZ6,923
MerchandiseSales:

$26,206	$29,429

$0	$0	$0	$0

$0	$0

Cost ofGoods Sold	$8,994	$3,136	$10,120	$1,854

$0	$0	so	$0	$0

$32,502

Total Merchandise Sales	I	$8,994	$3,136	$10,120	$1,854	$8,399	$0	$0	$0	$0	$0	$0	$0	$32,502 I

GolfCourse Maintenance:

$33,113	$31,794	$30,646	$29,409	$33,417	so	$0	$0	$0	$0	$0	$0	$158,379

Salartes
Administrative Fees

$723	$721	$781

$779	$0	$0	$0	so	$0	$0	$0	$3,709

FICA Expense	$2,479	$2,380	S2,303	S2,167	S2,462	$0	$0	$0	so	$0	$0	$0	$11,790

Employee Insurance	$1,290	$2,054	$2,808	$4,471

$0	$0	$0	$0	$0	$0	$0	$14,168

Workers Compensation	$686	$660	$636	$612	S692	$0	$0	$0	so	$0

$0	$3,286

Unemployment

$191	$237	$1,803	$1,410	$0	$0	$0	$0	$0	so	$0	$3,816

Drug Testing	$0	$0	$0	$0	$0	$0	$0	$0	$0
Consulting Fees	$500	$500	$500	$500	$1,000	$0	$0	$0	$0	$0

$0	$0	$0
$0	$3,000

Telephone/Internet	$0	$0

$0	$0	$0	$0	$0

$0	$0	$0	$0

Utilities/Water	$2,008	$2,025	$1,936	$1,997	$1,865	$0	$0	so

$0	$0	$0	$9,831

Repairs	$3,883	$3,416	$3,741	$2,102	$2,490	so	so	so	$0	$0	$0	$0	$15,632

$247

Fuel & Oil	$4,697	$2,619	$3,492	$3,478	$4,360

$0	$0	$0	$0	$0

$18,646

Pest Control

$247	$247	$550

so	$0	$0	$0	$0	$0	$0	$1,548

lrrtgation/Dralnage	$1,174	$846	$889	$1,914	$1,199	so	$0	$0	$0	$0	$0	$0	$6,022

Sand and Topsoil	$549	$1,916	$1,466	$1,979	$1,901	$0	$0

$0	$0	$0

$7,812

Flower/Mulch	$114	$0	$0	$1,260	$0	$0	$0	$0	$0	$0	$0	$1,374

Fertilizer	$5,303	S12,709	$11,544	$11,081	$10,415

$0	$0	$0	$0	$0	$0	$51,052

Seed/Sod	$406

$2,477	$1,984	Sl,579	$0	$0	$0	$0

$0	$0	$8,922

Trash Removal	$271	$135	so	so	$271	$0	$0	so	so	$0	so

Contingency

$1,137	$585	$2,968	$2,901

$0	$0	so	$0	$0	$0	$8,177

First Aid

$0	$90	$200	$0	$0	$0	$0	$0	$0	$0

$368

Office Supplies	$0	$0	$0	$0	S526	$0	$0	$0	$0	$0	$0	$526
Operating Supplies	$815	$1,289	$811	$947	$2,131	$0	$0	$0	$0	$0	$0	$0	$5,992

Training	$0	$360	$0	$112	$110	so
Janltortal Supplies	$1,173	$0	$0	S122	$0	$0	$0

so	$0	$0	$0	$0	$582
$0	$0	$0	$0	$1,294

$494

Soll & Water Testing	$0	$0

S494	$0	so	$0	$0	$0	$0	$0	$0	$987

$0

Uniforms	S771	$561	$636	$642	$553	so	$0	so
Equipment Rental	$492	$0	$0	$152	$0	so	$0

$0
$0	$0	so	$0

S3,163

Equipment I.ease	$12,503	$10,662	$5,966	$8,785

$0	$0	$0

$0	$51,369

$78,811

Small Tools	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Total GolfCourse Maintenance	L	$73,922

$72,285	$791173

$0	$0	$0	$0	$0

$0	$392,765 1

Page ts

dmlnlstrative Ex11endltur�;

Viera East GolrCoune Month to Month
October	November	December	Janua!I	Feb�	March	A£111	Mal	-lune	fulr;	A!!l!!st	SeJ?tember	Total

Legal Fees	so

$0	so

$0	$0	$0	$0	so	$0

$50

$83

Arbitrage	$50	$50	$50

$50	$0	$()	$0	so	$0	$0	so	$250

Dissemination

$83

$83	$0	$0

$0	$0	$0

$313

Trustee Fees

$313	$313

$0	so	$0	$0	$0	$0	$0	$1,563

Annual Audit	$125	S125	S125	$125	$125	$0	so

$0	$0	so	so	$625

GolfCourse Administrative Services	$4,690	$4,690	$4,690	S4,690	$4,690	$0	so	$0	$0	$0	$0	$0	$23,450

$5,359

Insurance	$5,266	$5,266

$4,540	$5,307	$0	so	$0	$0

$0	$0	$25,739

Property Taxes	$504

$1,444

$504	$0	so	$0	$0	$0	$0	$0	S3,802

TotalAdministrative Expenditures	I	$11,031	$11.031	$121064

$10,646

Reserves:

$111072	$0	so	$0	$0	$0	$0	$0	SSS,84S l

Renewal & Replacement	Sl,490	$2,309	$3,001	S3,129	$2,920	$0	$0	$0	$0	$0	$0

$12,849

Operating Reserves	$0	$0

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

$0	$0

Total Reserves	I	S1.490	$2,309	$31001
Total Revenues	I	$115,468	$1S01030

$2,920	$0	so	$0	so	so	so	$0	$1 21849 1

SJ,129

$1461015	$209,224	$0	so	$0	$0	$0	so	$0	$717,178 1

Total Expenditures	I	$132,198	$128,210	S141,486	S133,293	$155,569	$0	so	$0	$0	$0	$0	$0	$690,,ss I

Operating Income(Loss}	I	tS161731)	$21,820   	$14,955	$12,722          $S3,656	$0	$0	$0	$0
NanQp_erating_ RevenuestmJJ_endlturesj:

$0	$0	$861422 1

Spedal Assessments • Debt Service	$46,530	$46,530	$46,530	$46,530	$46,530	$0	$0	$0	$0	$0	$0	$0	$232,648

Interest Income	$62

$46	$48	$48	$0	$0	$0	$0	$0

$0	$268

Transfer In	$0	$0	so	so	so	$0

$0

Interest Expense	{$14,873)	($14,873)	($14,873)	{$14,873)	($14,873)	$0	$0

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

$0
{$74,366)

Prtnctpal Expense	{$31,667)	($31,667)	{$31,667)	{S31,667)	($31,667)	so	$0	so	$0	so	$0	$0	($158,333)

$36

Total Non Operating Revenues/(Expendltures)	I	$51	$54

$38	$38	so

$0	$0	so	$0	so	s211 I

NetNon Operating Income / (Loss)	I	[S1 6,679l	$211874	$14,991	$12,760	$53,693	$0	$0

$0	$0	$0	$0

Page 16

Viera East
Community Development District
ProShop
Statement of Revenues & Expenditures

A!!B!!st

Revenues

October	November December	Janua!l'.	Febru:!!l'.	March	�ril	Mal:	June	Jul�

September	Total

Merchandise Sales	$7,249	$8,801	$12,754	$8,305	$12,684	$0	$0	$0	$0	$0	$0	$49,793
Total Revenues	I 	$7,249	$8,801     $12,754 	$8,305	$12,684	$0	$0	$0	$0	$0	$0	$0	$49,793 1

$8,399

$8,994	$3,136	$10,120	$1,854	$8,39	9	$0	$0	$0	$0	$0	$0	$0	$32,502	
I	$8,994	$3,136	$10,120	$1,854	$0	$0	$0	$0	$0	$0	$0	s32,so2 I	

Expenditures Cost ofGoods Sold Total Expenditures
Operating Income (Loss)	I  (S 1,744]	$5,665 	$2,634	$6,452	$4,285	$0	$0	$0 	$0		$0	$0	$0	$17,291 I

Page 17 

Viera East

$239,334

5/1/2022

10% Max Annual Dept

Reserve Fund Requirement:

Maturity Date:

Reserve Fund Definition:

Interest Rate:

Community Development District Long Term Debt Report

Series 2006 Water Management Refunding Bonds

5.750%

Reserve Fund Balance (1):

Bonds outstanding - 9/30/2016

($1,710,000)

Current Bonds Outstanding

$10 145 000

$11,855,000

Less: May 1, 2017 Principal

$239,334

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
Current Bonds Outstanding

2.5% to 5%
5/1/2026
50% Max Annual Dept
$279,239
$281,404
$4,445,000 ($365,000)
$4 080,000

Page 18 

Viera East
Community Development District
Special Assessment Receipts - FY2018

I	I

Date	I	Net	Gen Fund	I	Debt Svc 2006	I	Rec Fund
�	�	l	I

Total

.............-10/-20/-17 ..........�l ..$...... ..............1....,.2..H3■1••.•0--5••••it••$...... ..................■■••••2••6••0........9...7.....�i ....$... ............ .............. ........ ..7....8....2.......5....0.. a.a,cia •..$.............. .....................1. .8...7.......5. .8...,  i0  •$•••, .................1......,.2..3...1.......0.....5. ..
11/1.4/17	l $	61,123.74 i $	12,957.73 l $	38,852.33 i $	9,313.68 l $	61,123.74

Is	s	s	s

..........1....1.../...2. 7....../..1....7...............yi ..$.............7....4....5..,.8...8..8......6....4........i...$............1..5...8..,.1..2...2....2..6....o,.i ...$........................4....7....4....,.1...1....2.....2.....5...,.i....$....................1..1...3...,..6....5....4......1..3......4-i ...$..................7....4....5...,.8....8...8......6..4...
12112111	2,020,sso.ss i	428,361.39 i	1,284,394.ss i	301,s94.9o i $ 2,020,Gso.ss

1/10/18	i $    204,533.72 i $	43,359.46 i $	130,008.61 i $	31,165.65 i $	204,533.72

_______.......... ...  ... .. . ...  . . . . ..   ....  .. .  . .......	.   ..	. .	......   (..••·····------.... .......	. .  ....  ............... . .... . ....

12./1...9. /.17. .  .. i $. .. ....3....79....,..49. .4. ..9. 8 l $	8..0..,..4....4.. ..9.....8.. 2. . i. ..$......................2..4...1...,..2....1...9....9..5......j $	...57,82..5.....2..1... l..$ ...  379,4.. 9. 4..9..8
...........1.../...3...0../..1..8...........+i ·$•··..···-1�,514-.9··7.....i....$..........................3...2...1.....1...6....+i .�$   --······.....9..6...2.......9..7.....i...$...........................2..3..0......8....4.... i ....$.................1...,..5...1..4......9..7...
2/7/2018 (1)	i $	60,700.06 i $	12,867.91 i $	38,583.03 i $	.. ..9..,.2..4....9.....1. 2 -,i. $	60,100.os
............... i ..........................·-····...i............	............. l ......................................................�.................. .. ..	..... �....................._.....................
..........................................;,i ......................................i........................................4� ..................................................,�.......................................�� ...................................

.................................................................................t:: .·.·..·.·.·.··..........................................................::..............................................................·.·.·.·.·.·.·.·.·.·.t:: ·.·.·.·............................................................................................::................................................................................................:: .................................................................................

............... .....
.

:	::

:	:	: .......................	....

................i..............

...

.. .i. .

..J

J

:	:t	:

i:	t:

..........................

:	.......  .... ... : . .......................................  : ........................-..................j:...............................................: ......................................

!	�	�	;	!
$ 3,475,138.01 $	736,700.70 $	2,208,916.20 $	529,521.11 $ 3,475,138.01

Net Assessed

Percentage

Assessments Collected

Assessments Transferred

Balance to Transfer

Assessments Outstanding
214,253.80
71,456.30
51,360.89

$	3,812,209	100.00% $	3,475,138.01 $	(3,426,112.05) $	49,026  $	337,070.99

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

Page 19

Viera East Community Development District
Golf Course/Recreation Fund- Operations Prior Month/Year Comparison
Actuals	Actuals	Year to Date	Year to Date
2/28/1 7	2/28/1 8	Variance	2/28/1 7	2/28/1 8	Variance
Revenues:
Greens Fees	$	1 40,919	$	1 60,783	$	1 9,864	$	551 ,267	$	561 ,714	$	1 0,447
Gift Cards - Sales	$	924	$	956	$	32	$	5,743	$	6, 1 82	$	439
Gift  Cards - Usage	$	(4,207)	$	(2,093)	$	2,1 14	$	(1 2,566)	$	(9,592)	$	2,974
Season Advance/Trail Fees	$	1 9,423	$	1 6,684	$	(2,739)	$	94,944	$	85,939	$	(9,005)
Associate  Memberships	$	2,054	$	3,950	$	1 ,896	$	1 6,274	$	1 9,434	$	3,1 60
Driving Range	$	6,566	$	8,578	$	2,0-1 2	$	30,342	$	32,786	$	2,444
Golf Lessons	$	1 75	$	1 75	$	$	920	$	875	$	(45)
Merchandise Sales	$	1 2,824	$	1 2,684	$	(1 40)	$	51 ,741	$	49,793	$	(1 ,948)
Restaurant	$	1 ,642	$	1 ,783	$	1-4 1	$	6,1 48	$	1 0,434	$	4,286
Special Assessments - Operations	$	1 ,877	$	1 ,877	$	$	9,386	$	9,386	$	1
Miscellaneous Income	$	{21508}	$	31848	$	61355	 $	11321  	$	1 0,226	$ 	81906
Total Revenues	$	1 791688	 $	2091224	 $	2 91536	 $	755,519 	$	777,1 78	$ 	211659
Expenditures:
Golf Course Expenditures	$	11 ,590	$	1 3,396	$	(1 ,807)	$	60,668	$	55,452	$	5,21 6
Restaurant	$	940	$	879	$	61	$	4,660	$	4,308	$	352 
Golf Operations	$	32,693	$	30,328	$	2,365	$	1 21 ,995	$	1 37,035	$	(1 5,040)
Merchandise Sales	$	9,247	$	8,399	$	848	$	34,443	$	32,502	$	1 ,941
Golf Course Maintenance	$	73,61 8	$	88,574	$	(1 4,956)	$	362,335	$	392,765	$	(30,430)
Administrative	$	11 ,659	$	11 ,072	$	587	$	56,701	$	55,845	$	857
Reserves	$	3121 5	$	21920	 $	294  	$	1 3?1 3	$	1 21849	$ 	865
Total Expenditures	 $	1 421962	$	1 55,569	 $	{1 2,6072	$	654151 6	$	690,755	$	(36,239}
Operating lncome/{Loss}	$	36?27	$	531656	$	1 61929	$	1 01 1003	$	86,422	$	{141581} 

Viera East Cash Flow Analysis  FY 2018

I. Cash Flows:

I	ActIuals 	I

I	I I

Projections

April

May

June

I 	I

I

Startiag Fun!ls

October

November

December

January

February

March

July

August

September I

Totals

I

I

Carry Forward	I $	65,313 I $	48,582 I$	70,402 I$ 

85,357 Is 

9s,o8o

     151 ,735 I $

233,357 I$ 

261,541 I $

269,s4o I$ 

260,398 I $	226,648 I$ 

204,977 I

Revenues	 	

I $

I

Golf Course	1 $ 11 5,468 I $ 150,030 I $ 1 56,441 I $

146,015 I $ 209,224 I I $

230,988   $  183,227 I $	150,799 I $ 139,520 I $	114,846 I $	121,001 I $	90,879 I$ 

1,81 4,444

Course OperationsI $    114,731 I $    148,232 I $  152, 746 I $     143,594 I $    207, 442 I  I $

229, 688   $    182, 198 I $	149,954 I $  138, 739 I $	114,205 I $	126,297 I $	90,374 I$ 

1, 798, 199

Restaurant! $ 	1, 798 I$	3,695 1 $ 	2,421 I $       1, 783 1     1 $
Total All Cash I $   180,781 I $   198,612 ! $   226,843 ! $    231,372 ! $   307,304 I  I $

1,300   $	1,029 I $	845 I$	781 1 $	641 1 $	710 I$	505 1 $
382 723    $    416 584 I$	418,340 I$ 409 160 I$	375 244 1 $	353 655 1 $	295 856 I$ 

16,245
1,814 444

Golf Course	I $ 132,198 I $ 12s,210 I $ 141,486 I $ 133,293 I $ 155,569 I I $

149,366 $

149,043 I$ 

148,700 I$ 

148,762 I $

148,596 I$	148,678 I$ 

147,634 I$ 

1,731 ,534

Course Operations! $ 131,305 I $ 127,346 I $ 140, 706 I $ 132,400 I $ 154,690 I I $

147,819 $

147,819 I $

147,694 I $

147,833 I $	147,833 I $	147,833 I$ 

147,033 I$ 

1,720,311

Restaurant! $	893 I $ 	864 I $	780 I $	892 I $	879 1 I $

1,547 $

1, 225 I $

1,006 I $ 

929 I $	763 I $	845 I $ 

 	601 I $ 

11,223

Cash Less Expenses! $

48,582 ! $

70,402 l S

85,357 I $

9s.oso Is 151,135 I I s

233,357 I $

267,541 ! $

269,6401 s

260,398 l $

226, 648 I$	204,977 I$ 

148,222 !

Projected Expenses FY 2018

Projected Revenues FY 2018 Projected Surplus(Deficit) FY 2018

$ 1,81 4,444

$

$    1,731 534
82,909

Viera East
ComDmetauinleidtyRDouenvdesloofpGmoelfnRteDpoisrttrict

Rounds of Golf

Feb-18	PY • PREVIOUS YEAR
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	573	10%	2,026	9%	385	1,731	188	295
Rounds ofGolf- CDD Resident	1,141	20%	4,271	19%	1,112	4,452	29	-181
Rounds of Golf - Public	1,910	34%	7,411	34%	1,211	699	2,457
Rounds of Golf - Golf Now / EZ links	491	9%	2,026	9%	803	3,483	-312	-1,457
Rounds of Golf- Tournaments	140	2%	560	3%	187	917	-47
Rounds of Golf- Misc	0%	0%	109	567	-109	-567
Rain Check Issued	-12	0%	248	-1%	-41	-356	29	108
Total Paid Rounds	4,243	16,046	3,766	15,748	477	298
Member Rounds
Rounds of Golf - Members	704	13%	3,123	14%	802	4,126	-98	-1,003
Total Member Rounds	704	3,123	802	4,126	-98	-1,003

-27

Com Rounds
Rounds of Golf- Staff/Comp	126	2%	619	3%	153	729	-110
Rounds ofGolf- GolfNow EZ Links - Trade	304	5%	1,361	6%	293	1,547	11	-186
Rounds of Golf- Other Comp	243	4%	763	3%	205	832	38	-69
Total Comp Rounds	673	2,743	651	3,108	22	-365

22,9821

TOTAL ROUNDS OF GOLF	5,620	100%	21,912	100%	5,219	401	-1,070

Revenues

PY	PY	Vs. PY	Vs. PY
Monthly	Year to Date	Monthly	Yearto Date	Monthly Year to Date

Greens Fee Revenue
Rounds of Golf- Associate Member	$24,037	15%	$77,552	14%

$62,108	$8,480	$15,444

Rounds of Golf- CDD Resident	$36,832         23%	$132,298         24%	$36,617	$136,731	$215	($4,433) Rounds of Golf - Public	$73,133         45%	$256,664          46%	$49,293	$181,593  $23,840   $75,071 Rounds of Golf - Golf Now / EZ links	$21,950         14%		$79,318         14%	$31,505	$128,497      ($9,555)     ($49,179)

so

Rounds of Golf- Tournaments	4%	$20,847	4%	$7,702	$32,189	($1,788)	($11,342)
Rounds of Golf- Misc		$0	0%			0%	$4,113	$19,236	($4,113)	($19,236) Rain Check Issued	($315)	0%	($6,295)	-1%		($903)		($6,118)		$588
TOTAL GREENS FEE REVENUE	$161,551	100%	$560,384	100%	$143,884	$554,236	$17,667	$6,148

Average��er Round of Golf

PY	PY	Vs. PY	Vs. PY
Monthly	Year to Date	Monthly	Year to Date	Monthly Year to Date
Average�11er round of Golf

$37.73

Rounds of Golf- Associate Member	$41.95	$38.28	$40.41	$35.88		$1.54		$2.40 Rounds of Golf- CDD Resident	$32.28	$30.98	$32.93	$30.71	($0.65)		$0.26 Rounds of Golf - Public	$38.29	$34.63	$40.70	$36.66	($2.41)	($2.02) Rounds of Golf - Golf Now / EZ links	$44.70	$39.15	$39.23	$36.89		$5.47		$2.26 Rounds of Golf- Tournaments	$42.24	$37.23	$41.19	$35.10		$1.06		$2.12

Rain Check Issued	$26.25	$25.38	$22.02	$17.19	$4.23	$8.20	
TOTAL - Average $ per round of Golf	$38.07	$34.92	$38.21	$35.19	($0,13)	($0.27)	

Rounds of Golf- Misc	$0.00	$0.00	$33.93	($37.73)	($33.93)

PY	PY	Vs. PY	Vs, PY
Monthly	Year to Date	Monthly    Year to Date	Monthly Year to Date Membership Revenue	$16,683		$85,937		$19,423	$94,944	($2,740)	($9,007)
Average $ per round of Golf	$23.70	$27.52	$24.22	$23.01	($0.52)	$4.51