Viera East
Community Development District

Unaudited Financial Reporting
July 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 July 31, 2018
Governmental Fund Types
Totals
General	Capital Reserve	Debt Service	 Golf Course/Recreation	 (memorandum only) 
Assets
Operating Account	
$374,322	
$8,662	
7777	
$328,479	
$711,464	
Accounts Receivable	7777	7777	7777	$8,232	$8,232	
Assessment Receivable	7777	7777	7777	7777	$0	
Rent Receivable	7777	7777	7777	$721	$721	
Due From Golf Course	$136,709	7777	7777	7777	$136,709	
Due From General Fund	7777	7777	7777	$26,806	$26,806	
Due From Capital Reserve	7777	7777	7777	$6,000	$6,000	
Due from Debt Service	$5	7777	7777	7777	$5	
Due from Other	7777	7777	7777	$2,104	$2,104	
Inventory 7 Pro Shop	7777	7777	7777	$79,747	$79,747	
Investments:
State Board	
7777	
$189,188	
7777	
7777	
$189,188	
Benefit Assessment7 Series 2012	7777	7777	7777	$87,000	$87,000	
Reserve 7 Series 2012	7777	7777	7777	$280,347	$280,347	
Bond Service 2006	7777	7777	$497,555	7777	$497,555	
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	$63,332	$63,332	
Prepaid Expenses7 Operations	$4,667	7777	7777	$59,711	$64,378	
Total Assets	$515,703	$197,850	$497,555	$2,203,220	$3,414,328	
Liabilities						
Accounts Payable	$11,710	7777	7777	$17,213	$28,924	
Accrued Expenses	$8,588	7777	7777	$250	$8,838	
Deferred Revenue7 Season Advance	7777	7777	7777	$64,946	$64,946	
Deferred Revenue7 Special Assessments O&M	7777	7777	7777	$3,755	$3,755	
Deferred Revenue7 Special Assessments Debt	7777	7777	7777	$88,713	$88,713	
Deposit7Divots Grill	7777	7777	7777	$8,000	$8,000	
Due to General Fund	7777	7777	$5	$136,709	$136,714	
Accrued Interest Payable	7777	7777	7777	$37,183	$37,183	
Accrued Principal Payable	7777	7777	7777	7777	$0	
Golf Cart Lease Payable	7777	7777	7777	7777	$0	
Sales Tax Payable	7777	7777	7777	$8,542	$8,542	
Event Deposits	7777	7777	7777	$683	$683	
Due to Golf Course	$26,806	$6,000	7777	7777	$32,806	
Due to Debt Service	7777	7777	7777	7777	$0	
Due to Capital Reserve	7777	7777	7777	7777	$0	
Accrued Payroll Payable	$5,907	7777	7777	$12,794	$18,701	
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	($2,009,809)	($2,009,809)	
Fund Balances
Assigned 7 First Quarter	
$176,000	
7777	
7777	
7777	
$176,000	
Assigned 7 Prepaid Expenses	$4,667	7777	7777	7777	$4,667	
Unassigned	$282,025	$191,850	7777	7777	$473,875	
Restricted for Debt Service	7777	7777	$497,550	7777	$497,550	
Total Liabilities, Fund Equity, Other	$515,703	$197,850	$497,555	$2,203,220	$3,414,328	
Page 1

	Adopted
Budget	Prorated Budget
7/31/18	Actual
7/31/18	
Variance	
Revenues					
Maintenance Assessments	$808,157	$808,157	$802,110	($6,047)	
Golf Course Administrative Services	$56,280	$46,900	$46,900	$0	
Interest Income	$100	$83	$16	($68)	
Total Revenues	$864,536	$855,139	$849,026	($6,114)	
Administrative Expenditures					
Supervisors Fees	$30,195	$25,163	$23,122	$2,040	
Engineering Fees	$5,000	$4,167	$3,690	$477	
Attorney's Fees	$5,000	$4,167	$928	$3,239	
Dissemination	$1,000	$833	$833	$0	
Trustee Fees	$5,600	$4,667	$4,650	$17	
Annual Audit	$6,500	$5,417	$5,596	($179)	
Collection Agent	$2,500	$2,083	$2,083	($0)	
Management Fees	$97,515	$81,263	$81,263	$0	
Postage	$2,500	$2,083	$629	$1,454	
Printing & Binding	$4,500	$3,750	$550	$3,200	
InsuranceP Liability	$7,293	$6,078	$5,646	$432	
Legal Advertising	$2,500	$2,083	$0	$2,083	
Other Current Charges	$1,500	$1,250	$951	$299	
Office Supplies	$3,000	$2,500	$1,219	$1,281	
Dues & Licenses	$175	$146	$146	$0	
Information Technology	$3,400	$2,833	$2,833	$0	
Total Administrative	$178,178	$148,482	$134,140	$14,342	

	Adopted
Budget	Prorated Budget
7/31/18	Actual
7/31/18	
Variance	
Operating Expenditures					
Salaries	$131,660	$109,717	$109,160	$557	
Administrative Fee	$1,199	$999	$1,204	($204)	
FICA Expense	$10,072	$8,393	$8,172	$222	
Employee Insurance	$7,667	$6,389	$6,534	($145)	
Workers Compensation	$2,581	$2,151	$2,318	($167)	
Unemployment	$853	$711	$913	($202)	
Other Contractual	$6,500	$5,417	$6,129	($712)	
Training	$500	$417	$0	$417	
Uniforms	$500	$417	$0	$417	
Total Operating	$161,532	$134,610	$134,428	$182	
Maintenance Expenditures					
Canal Maintenance	$11,000	$9,167	$11,329	($2,163)	
Lake Bank Restoration	$60,000	$50,000	$0	$50,000	
Environmental Services	$27,000	$22,500	$4,314	$18,186	
Water Management System	$99,000	$82,500	$80,479	$2,021	
Control Burns	$15,000	$12,500	$0	$12,500	
Contingencies	$9,000	$7,500	$970	$6,530	
Fire Line Maintenance	$5,000	$4,167	$2,653	$1,514	
Basin Repair	$4,000	$3,333	$455	$2,878	
Total Maintenance	$230,000	$191,667	$100,200	$91,467	

	Adopted
Budget	Prorated Budget
7/31/18	Actual
7/31/18	
Variance	
Grounds Maintenance Expenditures					
Salaries	$145,559	$121,299	$120,865	$434	
Administrative Fees	$3,289	$2,741	$2,841	($100)	
FICA	$11,135	$9,279	$8,684	$595	
Health Insurance	$24,205	$20,171	$23,081	($2,910)	
Workers Compensation	$2,853	$2,378	$2,711	($333)	
Unemployment	$2,132	$1,777	$1,752	$24	
Telephone	$2,000	$1,667	$4,160	($2,493)	
Utilities	$7,700	$6,417	$4,384	$2,033	
Property Appraiser	$1,990	$1,658	$1,986	($328)	
Insurance	$1,359	$1,133	$975	$158	
Repairs	$14,000	$11,667	$10,955	$711	
Fuel	$16,500	$13,750	$1,039	$12,711	
Park Maintenance	$3,000	$2,500	$4,260	($1,760)	
Sidewalk Maintenance	$5,000	$4,167	$5,245	($1,079)	
Chemicals	$5,000	$4,167	$1,531	$2,635	
Contingencies	$6,000	$5,000	$1,867	$3,133	
Refuse	$9,000	$7,500	$3,991	$3,509	
Office Supplies	$1,000	$833	$233	$600	
Uniforms	$3,000	$2,500	$2,348	$152	
Rain Bird Pump System	$18,500	$15,417	$16,046	($630)	
Maintenance Reserve P Transfer Out	$11,604	$9,670	$9,670	$0	
Total Grounds Maintenance	$294,826	$245,688	$228,625	$17,064	
					
Total Expenditures	$864,536	$720,447	$597,393	$123,054	
					
Excess Revenue/(Expenditures)	$0		$251,633		
					
Beginning Fund Balance	$0		$211,058		
					
Ending Fund Balance	$0		$462,691		

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

	Adopted
Budget	Prorated Budget
7/31/18	Actual
7/31/18	
Variance	
Revenues					

Interest Income	
$250	
$208	
$2,692	
$2,484	
Reserve Funding ; Transfer In (General)	$11,604	$9,670	$9,670	$0	
Reserve Funding ; Transfer In (Golf)	$30,899	$25,749	$29,604	$3,855	
Total Revenues	$42,753	$35,628	$41,966	$6,339	

Expenditures					
Capital Outlay	$125,000	$75,346	$75,346	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$75,346	$75,346	$0	
					
Excess Revenues/(Expenditures)	($82,247)		($33,379)		
					
Beginning Fund Balance	$785,491		$225,229		
					
Ending Fund Balance	$703,244		$191,850		

Viera  East Community Development District
Capital Reserve  Fund Capital Outlay Check Register Detail
For Period Ending July 31, 2018

Check Date	Vendor	Detail	Amount

Capital Outlay
FY2018

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	

Total	 $	75,345.69 

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

	Adopted
Budget	Prorated Budget
7/31/18	Actual
7/31/18	
Variance	
Revenues					
Special Assessments	$2,423,170	$2,423,170	$2,405,038	($18,132)	
Interest Income	$100	$83	$2,034	$1,951	
Total Revenues	$2,423,270	$2,423,253	$2,407,073	($16,181)	

Expenditures					
Series 2006 InterestC11/1	
$291,669	
$291,669	
$291,669	
$0	
InterestC5/1	$291,669	$291,669	$291,669	$0	
PrincipalC5/1	$1,810,000	$1,810,000	$1,810,000	$0	
Other Debt Service Costs	$46,873	$0	$0	$0	
Total Expenditures	$2,440,211	$2,393,338	$2,393,338	$0	

Excess Revenues/(Expenditures)	($16,941)	$13,735	
			
Beginning Fund Balance	$466,966	$483,815	
			
Ending Fund Balance	$450,026	$497,550	

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	YearLtoLDate
Budget	
Variance	

Number of Rounds
Paid Rounds	
37,250	
2,581	
2,388	
193	
34,405	
32,724	
1,681	
Member Rounds	10,000	437	641	(204)	6,159	8,785	(2,626)	
Comp Rounds	6,000	454	385	69	5,488	5,271	217	
Total Memberships	60	1	C	1	52	60	(8)	
Revenue per Round
Paid Rounds	
$35	
$28	
$31	
($4)	
$33	
$35	
($2)	
Revenues								
Greens Fees/Cart Fees	$1,296,290	$72,213	$75,185	($2,971)	$1,134,628	$1,150,457	($15,830)	
Gift Cards C Sales	$25,000	$780	$1,450	($670)	$11,322	$22,188	($10,865)	
Gift Cards C Usage	($25,000)	($832)	($1,450)	$618	($16,580)	($22,188)	$5,608	
Season Advance/Trail Fees	$210,000	$12,789	$12,180	$609	$157,855	$186,375	($28,520)	
Associate Memberships	$42,000	$1,343	$2,436	($1,093)	$34,088	$37,275	($3,188)	
Driving Range	$72,000	$4,333	$4,176	$157	$65,605	$63,900	$1,705	
Golf Lessons	$2,100	$175	$122	$53	$1,750	$1,864	($114)	
Merchandise Sales	$115,000	$12,099	$6,670	$5,429	$111,522	$102,063	$9,459	
Restaurant	$10,000	$1,216	$580	$636	$20,173	$8,875	$11,298	
Special Assessments C Operations	$22,527	$1,877	$1,879	($2)	$18,773	$18,769	$3	
Miscellaneous Income	$15,000	$498	$1,251	($753)	$14,054	$12,498	$1,556	
Total Revenues	$1,784,917	$106,493	$104,478	$2,014	$1,553,190	$1,582,076	($28,886)	

Golf Course Expenditures								
Other Contractual Services	$18,000	$1,457	$1,501	$44	$9,702	$14,998	$5,295	
Telephone/Internet	$9,308	$519	$776	$257	$4,133	$7,755	$3,622	
Postage	$450	$113	$38	($75)	$1,695	$375	($1,320)	
Printing & Binding	$1,000	$0	$83	$83	$2,324	$833	($1,491)	
Utilities	$5,000	$462	$417	($45)	$4,090	$4,166	$76	
Repairs & Maintenance	$7,000	$291	$584	$293	$6,640	$5,832	($807)	
Advertising	$45,000	$3,539	$3,753	$214	$41,247	$37,494	($3,753)	
Bank Charges	$30,500	$2,450	$2,544	$94	$28,823	$25,413	($3,410)	
Office Supplies	$1,500	$130	$125	($5)	$2,384	$1,250	($1,134)	
Operating Supplies	$9,500	$263	$792	$529	$2,619	$7,915	$5,296	
Dues, Licenses & Subscriptions	$2,000	$1,166	$167	($999)	$7,538	$1,666	($5,872)	
Drug Testing C All Departments	$500	$46	$42	($4)	$448	$417	($31)	
Training, Education & Employee Relations	$2,500	$61	$209	$148	$4,451	$2,083	($2,368)	
Contractual Security	$5,000	$120	$417	$297	$2,191	$4,166	$1,975	
IT Services	$3,000	$255	$250	($5)	$2,461	$2,500	$39	
Total Golf Course Expenditures	$140,258	$10,872	$11,698	$825	$120,745	$116,863	($3,882)	

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	YearLtoLDate
Budget	
Variance	

Restaurant Expenditures
Utilities	
$9,000	
$839	
$577	
($262)	
$7,974	
$7,907	
($67)	
Pest Control	$1,800	$0	$115	$115	$128	$1,581	$1,453	
Equipment Lease	$1,100	$91	$71	($20)	$814	$966	$152	
Total Restaurant Expenditures	$11,900	$930	$763	($167)	$8,916	$10,454	$1,538	

Golf Operation Expenditures								
Salaries	$222,204	$16,149	$18,516	$2,368	$167,515	$185,163	$17,647	
Administrative Fee	$12,858	$1,330	$1,071	($258)	$13,194	$10,715	($2,479)	
FICA Expense	$17,253	$1,235	$1,438	$202	$12,826	$14,377	$1,551	
Health Insurance	$461	$38	$38	$0	$356	$384	$28	
Workers Compensation	$4,420	$441	$368	($73)	$3,758	$3,683	($75)	
Unemployment	$9,322	$580	$777	$197	$6,908	$7,768	$860	
Golf Printing	$500	$0	$42	$42	$0	$417	$417	
Utilities	$20,500	$1,687	$1,708	$21	$17,561	$17,083	($478)	
Repairs	$250	$0	$21	$21	$161	$208	$47	
Pest Control	$1,800	$0	$150	$150	$128	$1,500	$1,372	
Supplies	$3,000	$900	$250	($650)	$8,035	$2,500	($5,535)	
Uniforms	$1,500	$702	$125	($577)	$1,706	$1,250	($456)	
Training, Education & Employee Relations	$2,000	$0	$167	$167	$0	$1,667	$1,667	
Fuel	$500	$0	$42	$42	$0	$417	$417	
Cart Lease	$42,636	$3,786	$3,553	($233)	$36,368	$35,530	($838)	
Cart Maintenance	$4,000	$213	$333	$121	$5,708	$3,333	($2,375)	
Driving Range	$10,000	$0	$833	$833	$6,042	$8,333	$2,292	
Total Golf Operation Expenditures	$353,204	$27,060	$29,433	$2,372	$280,266	$294,328	$14,062	

Merchandise Sales								
Cost of Goods Sold	$77,000	$8,923	$6,417	($2,506)	$73,746	$64,167	($9,579)	
Total Merchandise Sales	$77,000	$8,923	$6,417	($2,506)	$73,746	$64,167	($9,579)	

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	YearLtoLDate
Budget	
Variance	

Golf Course Maintenance
Salaries	
$417,502	
$32,608	
$34,792	
$2,184	
$321,231	
$347,918	
$26,687	
Administrative Fees	$8,698	$834	$725	($109)	$7,666	$7,248	($418)	
FICA Expense	$32,727	$2,307	$2,727	$421	$23,518	$27,273	$3,755	
Employee Insurance	$58,955	$3,890	$4,913	$1,023	$34,654	$49,129	$14,475	
Workers Compensation	$8,384	$887	$699	($188)	$7,195	$6,987	($208)	
Unemployment	$6,617	$27	$551	$524	$5,994	$5,514	($480)	
Drug Testing	$420	$0	$35	$35	$0	$350	$350	
Consulting Fees	$6,000	$500	$500	$0	$5,000	$5,000	$0	
Telephone/Internet	$2,500	$0	$208	$208	$0	$2,083	$2,083	
Utilities/Water	$25,700	$1,630	$2,142	$512	$20,785	$21,417	$632	
Repairs	$42,000	$4,136	$3,500	($636)	$36,224	$35,000	($1,224)	
Fuel & Oil	$35,000	$6,359	$2,917	($3,442)	$43,224	$29,167	($14,057)	
Pest Control	$1,500	$257	$125	($132)	$2,576	$1,250	($1,326)	
Irrigation/Drainage	$34,000	$2,492	$2,833	$342	$18,415	$28,333	$9,918	
Sand and Topsoil	$17,500	$1,567	$1,458	($108)	$15,933	$14,583	($1,350)	
Flower/Mulch	$7,000	$1,291	$583	($708)	$6,657	$5,833	($824)	
Fertilizer	$120,000	$14,506	$10,000	($4,506)	$107,335	$100,000	($7,335)	
Seed/Sod	$14,000	$709	$1,167	$457	$12,632	$11,667	($965)	
Trash Removal	$2,000	$135	$167	$31	$1,353	$1,667	$314	
Contingency	$6,000	$888	$500	($388)	$13,198	$5,000	($8,198)	
First Aid	$600	$163	$50	($113)	$915	$500	($415)	
Office Supplies	$500	$0	$42	$42	$1,311	$417	($895)	
Operating Supplies	$18,000	$1,757	$1,500	($257)	$15,054	$15,000	($54)	
Training	$500	$728	$42	($686)	$2,876	$417	($2,460)	
Janitorial Supplies	$800	$0	$67	$67	$1,294	$667	($628)	
Soil & Water Testing	$1,000	$0	$83	$83	$987	$833	($154)	
Uniforms	$10,500	$227	$875	$648	$5,593	$8,750	$3,157	
Equipment Rental	$4,000	$0	$333	$333	$644	$3,333	$2,689	
Equipment Lease	$148,000	$14,122	$12,333	($1,788)	$118,878	$123,333	$4,456	
Small Tools	$500	$0	$42	$42	$0	$417	$417	
Total Golf Course Maintenance	$1,030,903	$92,019	$85,909	($6,110)	$831,142	$859,086	$27,944	

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	YearLtoLDate
Budget	
Variance	

Administrative Expenditures
Legal Fees	
$1,500	
$0	
$125	
$125	
$0	
$1,250	
$1,250	
Arbitrage	$600	$0	$50	$50	$450	$500	$50	
Dissemination	$1,000	$83	$83	$0	$833	$833	$0	
Trustee Fees	$3,750	$307	$313	$5	$3,103	$3,125	$22	
Annual Audit	$1,500	$125	$125	$0	$1,250	$1,250	$0	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	$46,900	$46,900	$0	
Insurance	$71,000	$7,211	$5,917	($1,294)	$62,298	$59,167	($3,131)	
Property Taxes	$6,000	$504	$500	($4)	$6,323	$5,000	($1,323)	
Total Administrative Expenditures	$141,630	$12,920	$11,803	($1,118)	$121,157	$118,025	($3,132)	

Renewal & Replacement	
$30,899	
$2,506	
$2,575	
$69	
$30,424	
$25,749	
($4,674)	
Operating Reserves	$0	$0	$0	$0	$0	$0	$0	
Total Reserves	$30,899	$2,506	$2,575	$69	$30,424	$25,749	($4,674)	
								
Total Revenues	$1,784,917	$106,493	$104,478	$2,014	$1,553,190	$1,582,076	($28,886)	
								
Total Expenditures	$1,785,795	$155,231	$148,596	($6,635)	$1,466,396	$1,488,672	$22,276	
								
Operating Income (Loss)	($878)	($48,738)	($44,117)	($4,620)	$86,794	$93,404	($6,610)	
Non Operating Revenues/(Expenditures)								
Special Assessments	$558,355	$46,530	$46,530	$0	$465,296	$465,296	$0	
Interest Income	$1,000	$58	$83	($25)	$642	$833	($192)	
Transfer In	$0	$0	$0	$0	$0	$0	$0	
Interest Expense	($178,478)	($14,873)	($14,873)	($0)	($148,732)	($148,731)	($0)	
Principal Expense	($380,000)	($31,667)	($31,667)	($0)	($316,667)	($316,667)	($0)	
Total Non Operating Revenues/(Expenditures)	$878	$48	$73	($25)	$539	$731	($192)	
								
Change in Net Assets	$0	($48,690)	($44,044)	($4,646)	$87,333	$94,135	($6,802)	
								
Beginning Net Assets	$0	LLLL	LLLL	LLLL	($2,097,142)	LLLL	LLLL	
								
Ending Net Assets	$0	LLLL	LLLL	LLLL	($2,009,809)	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	$0	$0	$802,110	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0	$0	$46,900	
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	$0	$0	$849,026	

Administrative Expenditures														
Supervisors Fees	$2,272	$3,293	$1,580	$1,350	$2,503	$2,503	$2,272	$3,754	$1,138	$2,459	$0	$0	$23,122	
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	$0	$0	$833	
Trustee Fees	$467	$467	$467	$467	$467	$463	$463	$463	$463	$463	$0	$0	$4,650	
Annual Audit	$542	$542	$542	$588	$542	$542	$575	$575	$575	$575	$0	$0	$5,596	
Collection Agent	$208	$208	$208	$208	$208	$208	$208	$208	$208	$208	$0	$0	$2,083	
Management Fees	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$0	$0	$81,263	
Postage	$33	$130	$143	$77	$56	$59	$43	$36	$31	$21	$0	$0	$629	
Printing & Binding	$61	$68	$62	$54	$0	$72	$91	$67	$0	$75	$0	$0	$550	
InsuranceN Liability	$565	$565	$565	$565	$565	$565	$565	$565	$565	$565	$0	$0	$5,646	
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	$0	$0	$951	
Office Supplies	$265	$250	$250	$20	$150	$20	$20	$77	$146	$20	$0	$0	$1,219	
Dues & Licenses	$15	$15	$15	$15	$15	$15	$15	$15	$15	$15	$0	$0	$146	
Information Technology	$283	$283	$283	$283	$283	$283	$283	$283	$283	$283	$0	$0	$2,833	
Total Administrative	$12,994	$15,232	$12,409	$11,971	$12,997	$12,984	$13,257	$15,040	$12,222	$15,034	$0	$0	$134,140	

Operating Expenditures														
Salaries	$11,475	$10,397	$11,213	$10,056	$11,219	$10,114	$11,524	$10,509	$11,574	$11,078	$0	$0	$109,160	
Administration Fee	$121	$117	$121	$109	$121	$117	$121	$113	$134	$129	$0	$0	$1,204	
FICA Expense	$852	$771	$848	$750	$840	$756	$863	$787	$877	$827	$0	$0	$8,172	
Health Insurance	$580	$430	$732	$586	$839	$674	$674	$461	$886	$674	$0	$0	$6,534	
Workers Compensation	$239	$217	$234	$209	$234	$211	$240	$252	$316	$167	$0	$0	$2,318	
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	$0	$0	$6,129	
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	$0	$0	$134,428	

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	$0	$0	$2,653	
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	$0	$0	$100,200	

Grounds Maintenance Expenditures														
Salaries	$12,485	$12,041	$12,460	$11,121	$12,413	$12,082	$11,838	$11,204	$12,831	$12,390	$0	$0	$120,865	
Administrative Fees	$286	$276	$286	$258	$286	$276	$286	$267	$315	$306	$0	$0	$2,841	
FICA	$897	$865	$899	$827	$900	$856	$835	$791	$943	$870	$0	$0	$8,684	
Health Insurance	$1,800	$1,395	$1,867	$3,877	$2,834	$2,279	$2,313	$1,859	$2,505	$2,350	$0	$0	$23,081	
Workers Compensation	$260	$251	$259	$231	$258	$251	$247	$267	$350	$338	$0	$0	$2,711	
Unemployment	$20	$20	$20	$702	$608	$359	($46)	$27	$21	$20	$0	$0	$1,752	
Telephone	$366	$366	$366	$865	$366	$366	$366	$366	$366	$366	$0	$0	$4,160	
Utilities	$413	$401	$401	$419	$466	$520	$474	$401	$578	$310	$0	$0	$4,384	
Property Appraiser	$0	$0	$0	$0	$1,986	$0	$0	$0	$0	$0	$0	$0	$1,986	
InsuranceN Property	$98	$98	$98	$98	$98	$98	$98	$98	$98	$98	$0	$0	$975	
Repairs	$867	$1,481	$589	$231	$796	$190	$3,780	$1,482	$561	$980	$0	$0	$10,955	
Fuel	$0	$0	$210	$403	$136	$0	$291	$0	$0	$0	$0	$0	$1,039	
Park Maintenance	$154	$712	$170	$172	$156	$177	$163	$164	$1,697	$694	$0	$0	$4,260	
Sidewalk Repair	$0	$0	$3,265	$0	$1,980	$0	$0	$0	$0	$0	$0	$0	$5,245	
Chemicals	$0	$202	$129	$51	$627	$0	$0	$0	$522	$0	$0	$0	$1,531	
Contingencies	$72	$0	$490	$350	$210	$0	$744	$0	$0	$0	$0	$0	$1,867	
Refuse	$430	$645	$215	$741	$645	$215	$430	$215	$215	$240	$0	$0	$3,991	
Office Supplies	$0	$0	$0	$15	$0	$218	$0	$0	$0	$0	$0	$0	$233	
Uniforms	$304	$182	$199	$182	$182	$182	$182	$227	$191	$518	$0	$0	$2,348	
Rain Bird Pump System	$0	$3,104	$0	$0	$1,450	$2,298	$2,298	$2,298	$2,299	$2,298	$0	$0	$16,046	
Maintenance ReserveN Transfer Out	$967	$967	$967	$967	$967	$967	$967	$967	$967	$967	$0	$0	$9,670	
Total Grounds Maintenance	$19,419	$23,004	$22,889	$21,510	$27,363	$21,335	$25,265	$20,634	$24,459	$22,746	$0	$0	$228,625	
														
Total Expenditures	$53,761	$62,080	$57,767	$59,533	$54,605	$64,474	$62,634	$56,265	$59,551	$66,723	$0	$0	$597,393	
														
Excess Revenue/(Expenditures)	($48,810)	$113,690	$455,734	($11,151)	($37,045)	($54,498)	($36,762)	($47,312)	($20,180)	($62,033)	$0	$0	$251,633	

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	
0	
0	
34,405	
Member Rounds	429	694	637	948	697	786	638	452	441	437	0	0	6,159	
Comp Rounds	405	541	549	688	678	719	557	420	477	454	0	0	5,488	
Revenue per Round
Paid Rounds	
$31	
$32	
$34	
$31	
$38	
$38	
$33	
$28	
$31	
$28	
$0	
$0	
$324	
Revenues:
Greens Fees	
$82,152	
$107,108	
$109,381	
$102,291	
$160,783	
$180,353	
$140,871	
$89,084	
$90,392	
$72,213	
$0	
$0	
$1,134,628	
Gift Cards B Sales	$188	$1,019	$3,373	$647	$956	$785	$1,592	$798	$1,186	$780	$0	$0	$11,322	
Gift Cards B Usage	($725)	($1,711)	($2,683)	($2,379)	($2,093)	($2,243)	($1,689)	($1,113)	($1,110)	($832)	$0	$0	($16,580)	
Season Advance/Trail Fees	$16,716	$18,058	$17,058	$17,424	$16,684	$17,357	$15,390	$13,255	$13,125	$12,789	$0	$0	$157,855	
Associate Memberships	$2,449	$4,266	$3,239	$5,530	$3,950	$3,634	$2,607	$5,648	$1,422	$1,343	$0	$0	$34,088	
Driving Range	$3,816	$6,821	$6,875	$6,696	$8,578	$9,622	$9,331	$5,279	$4,253	$4,333	$0	$0	$65,605	
Golf Lessons	$175	$175	$175	$175	$175	$175	$175	$175	$175	$175	$0	$0	$1,750	
Merchandise Sales	$7,249	$8,801	$12,754	$8,305	$12,684	$15,190	$11,790	$11,045	$11,604	$12,099	$0	$0	$111,522	
Restaurant	$737	$1,798	$3,695	$2,421	$1,783	$3,539	$2,083	$1,194	$1,707	$1,216	$0	$0	$20,173	
Special Assessments B Operations	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$0	$0	$18,773	
Miscellaneous Income	$834	$1,817	$699	$3,028	$3,848	$329	$1,745	$590	$665	$498	$0	$0	$14,054	
Total Revenues	$115,468	$150,030	$156,441	$146,015	$209,224	$230,618	$185,772	$127,833	$125,297	$106,493	$0	$0	$1,553,190	

Golf Course Expenditures:
Other Contractual Services	

$1,319	

$681	

$1,123	

$543	

$781	

$893	

$1,167	

$944	

$794	

$1,457	

$0	

$0	

$9,702	
Telephone/Internet	$393	$289	$497	$393	$448	$374	$433	$393	$393	$519	$0	$0	$4,133	
Postage	$447	$0	$253	$0	$250	$107	$132	$250	$144	$113	$0	$0	$1,695	
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	$0	$0	$4,090	
Repairs & Maintenance	$405	$270	$546	$265	$2,079	$1,291	$450	$680	$363	$291	$0	$0	$6,640	
Advertising	$3,585	$1,156	$7,073	$2,770	$4,879	$4,569	$6,873	$3,149	$3,654	$3,539	$0	$0	$41,247	
Bank Charges	$1,222	$2,149	$2,754	$2,720	$3,173	$4,053	$4,281	$3,634	$2,387	$2,450	$0	$0	$28,823	
Office Supplies	$191	$134	$254	$0	$134	$663	$252	$439	$188	$130	$0	$0	$2,384	
Operating Supplies	$691	$195	$180	$72	$421	$144	$216	$294	$144	$263	$0	$0	$2,619	
Dues, Licenses & Subscriptions	$161	$110	$22	$976	$446	$3,237	$13	$920	$487	$1,166	$0	$0	$7,538	
Drug Testing B All Departments	$89	$89	$0	$110	$68	$0	$0	$0	$46	$46	$0	$0	$448	
Training, Education & Employee Relations	$142	$0	$2,804	$0	$163	$26	$340	$829	$87	$61	$0	$0	$4,451	
Contractual Security	$120	$1,061	$170	$120	$120	$120	$120	$120	$120	$120	$0	$0	$2,191	
IT Services	$0	$139	$255	$290	$0	$625	$257	$0	$640	$255	$0	$0	$2,461	
Total Golf Course Expenditures	$9,046	$6,808	$17,031	$9,170	$13,396	$16,513	$16,151	$12,092	$9,666	$10,872	$0	$0	$120,745	

Restaurant Expenditures:														
Utilities	$804	$773	$689	$891	$788	$801	$738	$753	$897	$839	$0	$0	$7,974	
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	$0	$0	$814	
Total Restaurant Expenditures	$893	$864	$780	$892	$879	$892	$955	$844	$987	$930	$0	$0	$8,916	

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	

$0	

$0	

$167,515	
Administrative Fee	$1,233	$1,239	$1,307	$1,276	$1,416	$1,309	$1,347	$1,255	$1,481	$1,330	$0	$0	$13,194	
FICA Expense	$1,325	$1,153	$1,182	$1,130	$1,369	$1,437	$1,428	$1,211	$1,357	$1,235	$0	$0	$12,826	
Health Insurance	$86	($24)	$35	$46	$46	$38	$38	$13	$38	$38	$0	$0	$356	
Workers Compensation	$361	$314	$322	$308	$373	$391	$389	$376	$484	$441	$0	$0	$3,758	
Unemployment	$615	$425	$441	$889	$993	$968	$525	$815	$657	$580	$0	$0	$6,908	
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	$0	$0	$17,561	
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	$0	$0	$8,035	
Uniforms	$0	$0	$0	$0	$0	$207	$0	$0	$796	$702	$0	$0	$1,706	
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	$0	$0	$36,368	
Cart Maintenance	$0	$986	$509	$934	$730	$21	$563	$1,752	$0	$213	$0	$0	$5,708	
Driving Range	$632	$632	($233)	$3,409	$0	$0	$1,182	$421	$0	$0	$0	$0	$6,042	
Total Golf Operation Expenditures	$26,823	$25,250	$26,206	$28,429	$30,328	$30,018	$31,236	$27,959	$26,957	$27,060	$0	$0	$280,266	

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	$0	$0	$73,746	
Total Merchandise Sales	$8,994	$3,136	$10,120	$1,854	$8,399	$11,041	$8,716	$11,165	$1,398	$8,923	$0	$0	$73,746	

Golf Course Maintenance:
Salaries	

$33,113	

$31,794	

$30,646	

$29,409	

$33,417	

$31,312	

$33,108	

$31,154	

$34,671	

$32,608	

$0	

$0	

$321,231	
Administrative Fees	$723	$721	$781	$704	$779	$754	$779	$729	$861	$834	$0	$0	$7,666	
FICA Expense	$2,479	$2,380	$2,303	$2,167	$2,462	$2,249	$2,370	$2,230	$2,572	$2,307	$0	$0	$23,518	
Employee Insurance	$1,290	$2,054	$2,808	$4,471	$3,544	$3,505	$5,286	$2,878	$4,927	$3,890	$0	$0	$34,654	
Workers Compensation	$686	$660	$636	$612	$692	$649	$688	$743	$942	$887	$0	$0	$7,195	
Unemployment	$175	$191	$237	$1,803	$1,410	$957	$596	$456	$142	$27	$0	$0	$5,994	
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	$0	$0	$5,000	
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	$0	$0	$20,785	
Repairs	$3,883	$3,416	$3,741	$2,102	$2,490	$5,249	$6,414	$2,630	$2,163	$4,136	$0	$0	$36,224	
Fuel & Oil	$4,697	$2,619	$3,492	$3,478	$4,360	$5,016	$1,876	$7,664	$3,663	$6,359	$0	$0	$43,224	
Pest Control	$247	$247	$247	$550	$257	$257	$257	$257	$0	$257	$0	$0	$2,576	
Irrigation/Drainage	$1,174	$846	$889	$1,914	$1,199	$1,042	$3,161	$3,464	$2,235	$2,492	$0	$0	$18,415	
Sand and Topsoil	$549	$1,916	$1,466	$1,979	$1,901	$920	$1,775	$2,288	$1,573	$1,567	$0	$0	$15,933	
Flower/Mulch	$0	$114	$0	$0	$1,260	$315	$719	$719	$2,239	$1,291	$0	$0	$6,657	
Fertilizer	$5,303	$12,709	$11,544	$11,081	$10,415	$11,445	$11,659	$6,701	$11,973	$14,506	$0	$0	$107,335	
Seed/Sod	$406	$2,477	$2,477	$1,984	$1,579	$0	$0	$2,292	$709	$709	$0	$0	$12,632	
Trash Removal	$271	$135	$0	$0	$271	$0	$271	$135	$135	$135	$0	$0	$1,353	
Contingency	$585	$1,137	$585	$2,968	$2,901	$1,678	$818	$818	$818	$888	$0	$0	$13,198	
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	$0	$0	$15,054	
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	$0	$0	$5,593	
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	$0	$0	$118,878	
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	$0	$0	$831,142	

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	$0	$0	$833	
Trustee Fees	$313	$313	$313	$313	$313	$313	$307	$307	$307	$307	$0	$0	$3,103	
Annual Audit	$125	$125	$125	$125	$125	$125	$125	$125	$125	$125	$0	$0	$1,250	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0	$0	$46,900	
Insurance	$5,266	$5,266	$5,359	$4,540	$5,307	$7,716	$7,211	$7,211	$7,211	$7,211	$0	$0	$62,298	
Property Taxes	$504	$504	$1,444	$845	$504	$504	$504	$504	$504	$504	$0	$0	$6,323	
Total Administrative Expenditures	$11,031	$11,031	$12,064	$10,646	$11,072	$13,481	$12,970	$12,970	$12,970	$12,920	$0	$0	$121,157	

Reserves:														
Renewal & Replacement	$1,490	$2,309	$3,001	$3,129	$2,920	$4,184	$4,612	$3,715	$2,557	$2,506	$0	$0	$30,424	
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	$0	$0	$30,424	
														
Total Revenues	$115,468	$150,030	$156,441	$146,015	$209,224	$230,618	$185,772	$127,833	$125,297	$106,493	$0	$0	$1,553,190	
														
Total Expenditures	$132,198	$128,210	$141,486	$133,293	$155,569	$162,430	$162,775	$151,603	$143,602	$155,231	$0	$0	$1,466,396	
														
Operating Income (Loss)	($16,731)	$21,820	$14,955	$12,722	$53,656	$68,188	$22,997	($23,770)	($18,305)	($48,738)	$0	$0	$86,794	

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	

$0	

$0	

$465,296	
Interest Income	$62	$64	$46	$48	$48	$43	$58	$154	$60	$58	$0	$0	$642	
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)	$0	$0	($148,732)	
Principal Expense	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	$0	$0	($316,667)	
Total Non Operating Revenues/(Expenditures)	$51	$54	$36	$38	$38	$33	$48	$144	$50	$48	$0	$0	$539	
														
Net Non Operating Income / (Loss)	($16,679)	$21,874	$14,991	$12,760	$53,693	$68,221	$23,044	($23,626)	($18,255)	($48,690)	$0	$0	$87,333	

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	

$0	

$0	

$111,522	
Total Revenues	$7,249	$8,801	$12,754	$8,305	$12,684	$15,190	$11,790	$11,045	$11,604	$12,099	$0	$0	$111,522	

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	$0	$0	$73,746	
Total Expenditures	$8,994	$3,136	$10,120	$1,854	$8,399	$11,041	$8,716	$11,165	$1,398	$8,923	$0	$0	$73,746	
														
Operating Income (Loss)	($1,744)	$5,665	$2,634	$6,452	$4,285	$4,148	$3,074	($120)	$10,206	$3,176	$0	$0	$37,776	

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:	$280,347	
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	

	$	3,783,684	$	802,110	$	2,405,038	$	576,535	$	3,783,684	

Net
Assessed	
Percentage	Assessments
Collected	Assessments
Transferred	Balance to
Transfer	Assessments
Outstanding	
						
$	18,132
$	6,047
$	4,347	
Debt Service Fund	$	2,423,170	63.56%
21.20%
15.24%	$	2,405,038	$	(2,405,038)	$	P		
General Fund	$	808,157		$	802,110	$	(802,110)	$	P		
Recreation Fund	$	580,882		$	576,535	$	(576,535)	$	P		
							
	$	3,812,209	100.00% $	3,783,684	$	(3,783,684) $	P	$	28,525	

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

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

Actuals
7/31/17	Actuals
7/31/18	
Variance		Year to Date
7/31/17	Year to Date
7/31/18	
Variance	

Revenues:
Greens Fees	
$67,623	
$	72,213	
$	4,590	
$1,057,711	
$1,134,628	
$	76,916	
Gift Cards - Sales	$240	$	780	$	541	$	9,267	$	11,322	$	2,056	
Gift Cards - Usage	($1,408)	$	(832)	$	576	$	(21,131)	$	(16,580)	$	4,551	
Season Advance/Trail Fees	$14,774	$	12,789	$	(1,986)	$ 179,843	$ 157,855	$	(21,987)	
Associate Memberships	$1,185	$	1,343	$	158	$	23,888	$	34,088	$	10,199	
Driving Range	$4,616	$	4,333	$	(282)	$	62,894	$	65,605	$	2,711	
Golf Lessons	$26	$	175	$	149	$	1,795	$	1,750	$	(45)	
Merchandise Sales	$7,094	$	12,099	$	5,005	$ 105,971	$ 111,522	$	5,551	
Restaurant	$123	$	1,216	$	1,094	$	8,931	$	20,173	$	11,242	
Special Assessments - Operations	$1,877	$	1,877	$	-	$	18,773	$	18,773	$	-	
Miscellaneous Income	 	$735 	  $	498 	  $	(237)	  $	8,357 	  $	14,054 	  $	5,696 	
Total Revenues	  $	96,886 	  $	106,493 	  $	9,607 	  $1,456,299 	  $1,553,190 	  $	96,891 	
Expenditures:							
Golf Course Expenditures	$	11,665	$	10,872	$	793	$	118,710	$	120,745	$	(2,036)	
Restaurant	$	892	$	930	$	(38)	$	9,860	$	8,916	$	944	
Golf Operations	$	21,680	$	27,060	$	(5,380)	$	248,333	$	280,266	$	(31,932)	
Merchandise Sales	$	8,662	$	8,923	$	(260)	$	78,808	$	73,746	$	5,062	
Golf Course Maintenance	$	75,251	$	92,019	$	(16,768)	$	751,368	$	831,142	$	(79,774)	
Administrative	$	11,782	$	12,920	$	(1,139)	$	114,159	$	121,157	$	(6,998)	
Reserves	  $	2,416 		  $	2,506 		  $	(90)		  $	29,595 		  $	30,424 		  $	(829)	
Total Expenditures	  $	132,348 		  $	155,231 		  $	(22,882)		  $1,350,833 		  $1,466,396 		  $	(115,563)	
Operating Income/(Loss)	  $	(35,463)		  $	(48,738)		  $	(13,275)		  $	105,466 		  $	86,794 		  $	(18,672)	

I. Cash Flows:

Actuals

Projections

August

September

Totals

Starting Funds
Carry Forward
Revenues

Expenses

Projected Revenues FY 2018 Projected Expenses FY 2018

$    1,771,075
$    1,762,397

Projected Surplus(Deficit) FY 201   $	8,679

$	130,747

$	152,418

Viera East Cash Flow Analysis  FY 2018

October	November	December	January	February	March	April	May	June	July	

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

Golf Course	$ 115,468	$ 150,030	$ 156,441	$ 146,015	$ 209,224	$ 230,618	$ 185,772	$	127,833	$	125,297	$	106,493		$	127,007	$	90,879	$ 1,771,075	
Course Operations	$ 114,731	$ 148,232	$ 152,746	$ 143,594	$ 207,442	$ 227,079	$ 183,689	$	126,639	$	123,590	$	105,276		$	126,297	$	90,374	$ 1,749,687	
Restaurant	$	737	$	1,798	$	3,695	$	2,421	$	1,783	$	3,539	$	2,083	$	1,194	$	1,707	$	1,216		$	710	$	505	$	21,388	
							
Total All Cash	$ 180,781	$ 198,612	$ 226,843	$ 231,372	$ 307,304	$ 382,353	$ 406,006	$	371,064	$	344,758	$	307,648		$	279,425	$	221,626	$ 1,771,075	

Golf Course	$ 132,198	$ 128,210	$ 141,486	$ 133,293	$ 155,569	$ 162,119	$ 162,775	$	151,603	$	143,602	$	155,231		$	148,678	$	147,634	$ 1,762,397	
Course Operations	$ 131,305	$ 127,346	$ 140,706	$ 132,400	$ 154,690	$ 161,227	$ 161,820	$	150,759	$	142,615	$	154,301		$	147,833	$	147,033	$ 1,752,035	
Restaurant	$	893	$	864	$	780	$	892	$	879	$	892	$	955	$	844	$	987	$	930		$	845	$	601	$	10,362	
															
Cash Less Expenses	$	48,582	$	70,402	$	85,357	$	98,080	$ 151,735	$ 220,234	$ 243,231	$	219,461	$	201,156	$	152,418		$	130,747	$	73,992		

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$23.89	$33.97	$6.32	$2.29	
$25.01	$29.50	$0.74	$0.16	
$26.65	$34.05	($0.72)	($1.05)	
$25.88	$34.11	$6.06	$2.52	
$23.38	$31.63	$4.78	$1.51	
$26.45	$31.42	($26.45)	($31.42)	
$16.80	$17.65	$0.89	$4.53	
$25.87	$33.01	$1.58	$0.30	
PY	PY	Vs. PY	Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$14,774	$179,842	($1,986)	($21,991)	
$28.97	$23.56	$0.29	$3.55	

	Monthly	Year to Date	
Membership Revenue	$12,788	$157,851	
Average $ per round of Golf	$29.26	$27.12	

Average $ per Round of Golf

Average $ per round of Golf	
Monthly	
Year to Date	
Rounds of Golf+ Associate Member	$30.21	$36.25	
Rounds of Golf+ CDD Resident	$25.74	$29.66	
Rounds of Golf + Public	$25.93	$33.01	
Rounds of Golf + Golf Now / EZ Links	$31.95	$36.63	
Rounds of Golf+ Tournaments	$28.16	$33.15	
Rounds of Golf+ Misc	$0.00	$0.00	
Rain Check Issued	$17.69	$22.19	
TOTAL D Average $ per round of Golf	$27.45	$33.31	

Viera East Community Development District
Detailed Rounds of Golf Report
JulD18

Rounds of Golf

Monthly

Year to Date

Paid Rounds
Rounds of Golf+ Associate Member Rounds of Golf+ CDD Resident Rounds of Golf + Public
Rounds of Golf + Golf Now / EZ Links Rounds of Golf+ Tournaments Rounds of Golf+ Misc

393
501
1,520
219
56
+

11%
14%
44%
6%
2%
0%

4,694
8,003
16,793
3,750
1,229
+

10%
18%
37%
8%
3%
0%

PY D PREVIOUS YEAR

Rain Check Issued	+109	+3%	+	728	+2%	
Total Paid Rounds	2,580			33,741		
Member Rounds
Rounds of Golf + Members	
437	
13%		
5,821	
13%	
Total Member Rounds	437			5,821		
Comp Rounds
Rounds of Golf+ Staff/Comp	
148	
4%		
1,420	
3%	
Rounds of Golf+ GolfNow EZ Links + Trade	199	6%		2,503	6%	
Rounds of Golf+ Other Comp	107	3%		1,462	3%	
Total Comp Rounds	454			5,385		
TOTAL ROUNDS OF GOLF	3,471	100%		44,947	100%	

 	

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
370	3,763	23	931	
412	8,065	89	+62	
1,151	10,283	369	6,510	
660	7,586	+441	+3,836	
39	2,141	17	+912	
29	1,186	+29	+1,186	
+30	+675	+79	+53	
2,631	32,349	D51	1,392	

510	
7,632	
+73	
+1,811	
510	7,632	D73	D1,811	

113	
1,435	
35	
+15	
209	3,058	+10	+555	
130	1,467	+23	+5	
452	5,960	2	D575	
3,593	45,941	D122	D994	

Revenues

Greens Fee Revenue	

Monthly		

Year to Date		
Rounds of Golf+ Associate Member	$11,872	17%	$170,177	15%	
Rounds of Golf+ CDD Resident	$12,898	18%	$237,347	21%	
Rounds of Golf + Public	$39,409	56%	$554,264	49%	
Rounds of Golf + Golf Now / EZ Links	$6,996	10%	$137,380	12%	
Rounds of Golf+ Tournaments	$1,577	2%	$40,736	4%	
Rounds of Golf+ Misc	$0	0%	$0	0%	
Rain Check Issued	($1,928)	+3%	($16,152)	+1%	
TOTAL GREENS FEE REVENUE	$70,824	100%	$1,123,752	100%	

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$8,839	$127,825	$3,033	$42,352	
$10,303	$237,919	$2,595	($572)	
$30,672	$350,156	$8,737	$204,108	
$17,084	$258,786	($10,088)	($121,406)	
$912	$67,729	$665	($26,993)	
$767	$37,268	($767)	($37,268)	
($504)	($11,916)	($1,424)	($4,236)	
$68,073	$1,067,767	$2,751	$55,985