Viera East
Community Development District

Unaudited Financial Reporting
June 30, 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 June 30, 2018
Governmental Fund Types
Totals
General	Capital Reserve	Debt Service	 Golf Course/Recreation	 (memorandum only) 
Assets
Operating Account	
$429,965	
$1,946	
7777	
$439,153	
$871,063	
Accounts Receivable	7777	7777	7777	$4,853	$4,853	
Assessment Receivable	7777	7777	7777	7777	$0	
Rent Receivable	7777	7777	7777	$767	$767	
Due From Golf Course	$130,257	7777	7777	7777	$130,257	
Due From General Fund	7777	7777	$11,656	$18,065	$29,721	
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	$76,783	$76,783	
Investments:
State Board	
7777	
$194,006	
7777	
7777	
$194,006	
Benefit Assessment7 Series 2012	7777	7777	7777	$1,180	$1,180	
Reserve 7 Series 2012	7777	7777	7777	$280,290	$280,290	
Bond Service 2006	7777	7777	$485,813	7777	$485,813	
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	$94,999	$94,999	
Prepaid Expenses7 Operations	$6,323	7777	7777	$78,275	$84,598	
Total Assets	$566,550	$195,952	$497,469	$2,263,206	$3,523,177	
Liabilities						
Accounts Payable	7777	7777	7777	($2,651)	($2,651)	
Accrued Expenses	$8,675	7777	7777	$617	$9,292	
Deferred Revenue7 Season Advance	7777	7777	7777	$72,834	$72,834	
Deferred Revenue7 Special Assessments O&M	7777	7777	7777	$5,632	$5,632	
Deferred Revenue7 Special Assessments Debt	7777	7777	7777	$135,242	$135,242	
Deposit7Divots Grill	7777	7777	7777	$8,000	$8,000	
Due to General Fund	7777	7777	$5	$130,257	$130,262	
Accrued Interest Payable	7777	7777	7777	$22,309	$22,309	
Accrued Principal Payable	7777	7777	7777	7777	$0	
Golf Cart Lease Payable	7777	7777	7777	7777	$0	
Sales Tax Payable	7777	7777	7777	$9,935	$9,935	
Event Deposits	7777	7777	7777	$258	$258	
Due to Golf Course	$18,065	$6,000	7777	7777	$24,065	
Due to Debt Service	$11,656	7777	7777	7777	$11,656	
Due to Capital Reserve	7777	7777	7777	7777	$0	
Accrued Payroll Payable	$3,429	7777	7777	$7,650	$11,079	
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	($1,961,119)	($1,961,119)	
Fund Balances
Assigned 7 First Quarter	
$176,000	
7777	
7777	
7777	
$176,000	
Assigned 7 Prepaid Expenses	$6,323	7777	7777	7777	$6,323	
Unassigned	$342,402	$189,952	7777	7777	$532,354	
Restricted for Debt Service	7777	7777	$497,464	7777	$497,464	
Total Liabilities, Fund Equity, Other	$566,550	$195,952	$497,469	$2,263,206	$3,523,177	
Page 1

	Adopted
Budget	Prorated Budget
6/30/18	Actual
6/30/18	
Variance	
Revenues					
Maintenance Assessments	$808,157	$808,157	$802,110	($6,047)	
Golf Course Administrative Services	$56,280	$42,210	$42,210	$0	
Interest Income	$100	$75	$16	($59)	
Total Revenues	$864,536	$850,441	$844,336	($6,105)	
Administrative Expenditures					
Supervisors Fees	$30,195	$22,646	$20,663	$1,983	
Engineering Fees	$5,000	$3,750	$2,025	$1,725	
Attorney's Fees	$5,000	$3,750	$522	$3,228	
Dissemination	$1,000	$750	$750	$0	
Trustee Fees	$5,600	$4,200	$4,186	$14	
Annual Audit	$6,500	$4,875	$5,021	($146)	
Collection Agent	$2,500	$1,875	$1,875	($0)	
Management Fees	$97,515	$73,136	$73,136	$0	
Postage	$2,500	$1,875	$609	$1,266	
Printing & Binding	$4,500	$3,375	$475	$2,900	
InsuranceP Liability	$7,293	$5,470	$5,081	$388	
Legal Advertising	$2,500	$1,875	$0	$1,875	
Other Current Charges	$1,500	$1,125	$881	$244	
Office Supplies	$3,000	$2,250	$1,199	$1,051	
Dues & Licenses	$175	$131	$131	$0	
Information Technology	$3,400	$2,550	$2,550	$0	
Total Administrative	$178,178	$133,634	$119,105	$14,528	

	Adopted
Budget	Prorated Budget
6/30/18	Actual
6/30/18	
Variance	
Operating Expenditures					
Salaries	$131,660	$98,745	$98,081	$664	
Administrative Fee	$1,199	$899	$1,074	($175)	
FICA Expense	$10,072	$7,554	$7,345	$209	
Employee Insurance	$7,667	$5,750	$5,860	($110)	
Workers Compensation	$2,581	$1,936	$2,151	($215)	
Unemployment	$853	$640	$777	($137)	
Other Contractual	$6,500	$4,875	$5,028	($153)	
Training	$500	$375	$0	$375	
Uniforms	$500	$375	$0	$375	
Total Operating	$161,532	$121,149	$120,316	$833	
Maintenance Expenditures					
Canal Maintenance	$11,000	$8,250	$4,764	$3,486	
Lake Bank Restoration	$60,000	$45,000	$0	$45,000	
Environmental Services	$27,000	$20,250	$4,314	$15,936	
Water Management System	$99,000	$74,250	$72,214	$2,036	
Control Burns	$15,000	$11,250	$0	$11,250	
Contingencies	$9,000	$6,750	$970	$5,780	
Fire Line Maintenance	$5,000	$3,750	$2,653	$1,097	
Basin Repair	$4,000	$3,000	$455	$2,545	
Total Maintenance	$230,000	$172,500	$85,369	$87,131	

	Adopted
Budget	Prorated Budget
6/30/18	Actual
6/30/18	
Variance	
Grounds Maintenance Expenditures					
Salaries	$145,559	$109,169	$108,475	$694	
Administrative Fees	$3,289	$2,467	$2,535	($69)	
FICA	$11,135	$8,351	$7,814	$537	
Health Insurance	$24,205	$18,154	$20,731	($2,577)	
Workers Compensation	$2,853	$2,140	$2,373	($233)	
Unemployment	$2,132	$1,599	$1,732	($133)	
Telephone	$2,000	$1,500	$3,794	($2,294)	
Utilities	$7,700	$5,775	$4,073	$1,702	
Property Appraiser	$1,990	$1,493	$1,986	($494)	
Insurance	$1,359	$1,019	$878	$142	
Repairs	$14,000	$10,500	$9,975	$525	
Fuel	$16,500	$12,375	$1,039	$11,336	
Park Maintenance	$3,000	$2,250	$3,565	($1,315)	
Sidewalk Maintenance	$5,000	$3,750	$5,245	($1,495)	
Chemicals	$5,000	$3,750	$1,531	$2,219	
Contingencies	$6,000	$4,500	$1,867	$2,633	
Refuse	$9,000	$6,750	$3,751	$2,999	
Office Supplies	$1,000	$750	$233	$517	
Uniforms	$3,000	$2,250	$1,830	$420	
Rain Bird Pump System	$18,500	$13,875	$13,748	$127	
Maintenance Reserve P Transfer Out	$11,604	$8,703	$8,703	$0	
Total Grounds Maintenance	$294,826	$221,120	$205,879	$15,241	
					
Total Expenditures	$864,536	$648,402	$530,669	$117,733	
					
Excess Revenue/(Expenditures)	$0		$313,666		
					
Beginning Fund Balance	$0		$211,058		
					
Ending Fund Balance	$0		$524,725		

Capital Reserve Fund Statement of Revenues & Expenditures
For Period Ending June 30, 2018

	Adopted
Budget	Prorated Budget
6/30/18	Actual
6/30/18	
Variance	
Revenues					

Interest Income	
$250	
$188	
$2,334	
$2,146	
Reserve Funding < Transfer In (General)	$11,604	$8,703	$8,703	$0	
Reserve Funding < Transfer In (Golf)	$30,899	$23,174	$27,098	$3,924	
Total Revenues	$42,753	$32,065	$38,135	$6,070	

Expenditures					
Capital Outlay	$125,000	$73,412	$73,412	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$73,412	$73,412	$0	
					
Excess Revenues/(Expenditures)	($82,247)		($35,277)		
					
Beginning Fund Balance	$785,491		$225,229		
					
Ending Fund Balance	$703,244		$189,952		

Viera  East Community Development District
Capital Reserve  Fund Capital Outlay Check Register Detail
For Period Ending June 30, 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	

Total	 $	73,412.18 

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

	Adopted
Budget	Prorated Budget
6/30/18	Actual
6/30/18	
Variance	
Revenues					
Special Assessments	$2,423,170	$2,423,170	$2,405,038	($18,132)	
Interest Income	$100	$75	$1,948	$1,873	
Total Revenues	$2,423,270	$2,423,245	$2,406,986	($16,259)	

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)	$13,649	
			
Beginning Fund Balance	$466,966	$483,815	
			
Ending Fund Balance	$450,026	$497,464	

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	YearLtoLDate
Budget	
Variance	

Number of Rounds
Paid Rounds	
37,250	
2,924	
2,909	
15	
31,824	
30,336	
1,488	
Member Rounds	10,000	441	781	(340)	5,722	8,144	(2,422)	
Comp Rounds	6,000	477	469	8	5,034	4,886	148	
Total Memberships	60	2	C	2	46	60	(14)	
Revenue per Round
Paid Rounds	
$35	
$31	
$31	
$0	
$33	
$35	
($2)	
Revenues								
Greens Fees/Cart Fees	$1,296,290	$90,392	$88,796	$1,596	$1,062,414	$1,075,273	($12,859)	
Gift Cards C Sales	$25,000	$1,186	$1,713	($527)	$10,542	$20,738	($10,196)	
Gift Cards C Usage	($25,000)	($1,110)	($1,713)	$602	($15,748)	($20,738)	$4,990	
Season Advance/Trail Fees	$210,000	$13,125	$14,385	($1,260)	$145,067	$174,195	($29,128)	
Associate Memberships	$42,000	$1,422	$2,877	($1,455)	$32,745	$34,839	($2,095)	
Driving Range	$72,000	$4,253	$4,932	($679)	$61,272	$59,724	$1,548	
Golf Lessons	$2,100	$175	$144	$31	$1,575	$1,742	($167)	
Merchandise Sales	$115,000	$11,604	$7,878	$3,727	$99,423	$95,393	$4,030	
Restaurant	$10,000	$1,707	$685	$1,022	$18,957	$8,295	$10,662	
Special Assessments C Operations	$22,527	$1,877	$1,879	($2)	$16,895	$16,891	$5	
Miscellaneous Income	$15,000	$665	$1,251	($586)	$13,556	$11,247	$2,309	
Total Revenues	$1,784,917	$125,297	$122,826	$2,471	$1,446,697	$1,477,598	($30,901)	

Golf Course Expenditures								
Other Contractual Services	$18,000	$794	$1,501	$707	$8,245	$13,496	$5,251	
Telephone/Internet	$9,308	$393	$776	$383	$3,614	$6,979	$3,366	
Postage	$450	$144	$38	($107)	$1,582	$337	($1,244)	
Printing & Binding	$1,000	$0	$83	$83	$2,324	$750	($1,574)	
Utilities	$5,000	$219	$417	$198	$3,628	$3,749	$121	
Repairs & Maintenance	$7,000	$363	$584	$220	$6,349	$5,249	($1,100)	
Advertising	$45,000	$3,654	$3,753	$99	$37,708	$33,741	($3,967)	
Bank Charges	$30,500	$2,387	$2,544	$157	$26,373	$22,869	($3,504)	
Office Supplies	$1,500	$188	$125	($63)	$2,254	$1,125	($1,129)	
Operating Supplies	$9,500	$144	$792	$648	$2,356	$7,123	$4,767	
Dues, Licenses & Subscriptions	$2,000	$487	$167	($320)	$6,372	$1,500	($4,872)	
Drug Testing C All Departments	$500	$46	$42	($4)	$402	$375	($27)	
Training, Education & Employee Relations	$2,500	$87	$209	$122	$4,390	$1,875	($2,516)	
Contractual Security	$5,000	$120	$417	$297	$2,071	$3,749	$1,678	
IT Services	$3,000	$640	$250	($390)	$2,206	$2,249	$44	
Total Golf Course Expenditures	$140,258	$9,666	$11,698	$2,032	$109,873	$105,165	($4,708)	

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	YearLtoLDate
Budget	
Variance	

Restaurant Expenditures
Utilities	
$9,000	
$897	
$703	
($194)	
$7,134	
$7,330	
$195	
Pest Control	$1,800	$0	$141	$141	$128	$1,466	$1,337	
Equipment Lease	$1,100	$91	$86	($5)	$723	$896	$173	
Total Restaurant Expenditures	$11,900	$987	$929	($58)	$7,986	$9,691	$1,705	

Golf Operation Expenditures								
Salaries	$222,204	$17,733	$18,516	$783	$151,367	$166,646	$15,280	
Administrative Fee	$12,858	$1,481	$1,071	($410)	$11,864	$9,643	($2,221)	
FICA Expense	$17,253	$1,357	$1,438	$81	$11,590	$12,939	$1,349	
Health Insurance	$461	$38	$38	$0	$317	$346	$28	
Workers Compensation	$4,420	$484	$368	($116)	$3,317	$3,315	($2)	
Unemployment	$9,322	$657	$777	$119	$6,327	$6,991	$664	
Golf Printing	$500	$0	$42	$42	$0	$375	$375	
Utilities	$20,500	$1,831	$1,708	($122)	$15,874	$15,375	($499)	
Repairs	$250	$161	$21	($140)	$161	$188	$26	
Pest Control	$1,800	$0	$150	$150	$128	$1,350	$1,222	
Supplies	$3,000	$777	$250	($527)	$7,135	$2,250	($4,885)	
Uniforms	$1,500	$796	$125	($671)	$1,003	$1,125	$122	
Training, Education & Employee Relations	$2,000	$0	$167	$167	$0	$1,500	$1,500	
Fuel	$500	$0	$42	$42	$0	$375	$375	
Cart Lease	$42,636	$1,641	$3,553	$1,912	$32,583	$31,977	($606)	
Cart Maintenance	$4,000	$0	$333	$333	$5,496	$3,000	($2,496)	
Driving Range	$10,000	$0	$833	$833	$6,042	$7,500	$1,458	
Total Golf Operation Expenditures	$353,204	$26,957	$29,433	$2,476	$253,205	$264,895	$11,690	

Merchandise Sales								
Cost of Goods Sold	$77,000	$1,398	$6,417	$5,018	$64,823	$57,750	($7,073)	
Total Merchandise Sales	$77,000	$1,398	$6,417	$5,018	$64,823	$57,750	($7,073)	

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	YearLtoLDate
Budget	
Variance	

Golf Course Maintenance
Salaries	
$417,502	
$34,671	
$34,792	
$120	
$288,624	
$313,127	
$24,503	
Administrative Fees	$8,698	$861	$725	($136)	$6,832	$6,524	($309)	
FICA Expense	$32,727	$2,572	$2,727	$155	$21,211	$24,545	$3,334	
Employee Insurance	$58,955	$4,927	$4,913	($14)	$30,764	$44,216	$13,452	
Workers Compensation	$8,384	$942	$699	($243)	$6,308	$6,288	($20)	
Unemployment	$6,617	$142	$551	$409	$5,967	$4,963	($1,004)	
Drug Testing	$420	$0	$35	$35	$0	$315	$315	
Consulting Fees	$6,000	$500	$500	$0	$4,500	$4,500	$0	
Telephone/Internet	$2,500	$0	$208	$208	$0	$1,875	$1,875	
Utilities/Water	$25,700	$2,137	$2,142	$5	$19,155	$19,275	$120	
Repairs	$42,000	$2,163	$3,500	$1,337	$32,088	$31,500	($588)	
Fuel & Oil	$35,000	$3,663	$2,917	($747)	$36,865	$26,250	($10,615)	
Pest Control	$1,500	$0	$125	$125	$2,319	$1,125	($1,194)	
Irrigation/Drainage	$34,000	$2,235	$2,833	$599	$15,923	$25,500	$9,577	
Sand and Topsoil	$17,500	$1,573	$1,458	($114)	$14,367	$13,125	($1,242)	
Flower/Mulch	$7,000	$2,239	$583	($1,656)	$5,366	$5,250	($116)	
Fertilizer	$120,000	$11,973	$10,000	($1,973)	$92,829	$90,000	($2,829)	
Seed/Sod	$14,000	$709	$1,167	$457	$11,922	$10,500	($1,422)	
Trash Removal	$2,000	$135	$167	$31	$1,218	$1,500	$282	
Contingency	$6,000	$818	$500	($318)	$12,309	$4,500	($7,809)	
First Aid	$600	$115	$50	($65)	$752	$450	($302)	
Office Supplies	$500	$243	$42	($201)	$1,311	$375	($936)	
Operating Supplies	$18,000	$2,077	$1,500	($577)	$13,297	$13,500	$203	
Training	$500	$369	$42	($327)	$2,148	$375	($1,773)	
Janitorial Supplies	$800	$0	$67	$67	$1,294	$600	($694)	
Soil & Water Testing	$1,000	$0	$83	$83	$987	$750	($237)	
Uniforms	$10,500	$534	$875	$341	$5,366	$7,875	$2,509	
Equipment Rental	$4,000	$0	$333	$333	$644	$3,000	$2,356	
Equipment Lease	$148,000	$13,469	$12,333	($1,136)	$104,756	$111,000	$6,244	
Small Tools	$500	$0	$42	$42	$0	$375	$375	
Total Golf Course Maintenance	$1,030,903	$89,067	$85,909	($3,158)	$739,123	$773,177	$34,054	

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	YearLtoLDate
Budget	
Variance	

Administrative Expenditures
Legal Fees	
$1,500	
$0	
$125	
$125	
$0	
$1,125	
$1,125	
Arbitrage	$600	$50	$50	$0	$450	$450	$0	
Dissemination	$1,000	$83	$83	$0	$750	$750	$0	
Trustee Fees	$3,750	$307	$313	$5	$2,796	$2,813	$16	
Annual Audit	$1,500	$125	$125	$0	$1,125	$1,125	$0	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	$42,210	$42,210	$0	
Insurance	$71,000	$7,211	$5,917	($1,294)	$55,087	$53,250	($1,837)	
Property Taxes	$6,000	$504	$500	($4)	$5,819	$4,500	($1,319)	
Total Administrative Expenditures	$141,630	$12,970	$11,803	($1,168)	$108,237	$106,223	($2,014)	

Renewal & Replacement	
$30,899	
$2,557	
$2,575	
$18	
$27,918	
$23,174	
($4,743)	
Operating Reserves	$0	$0	$0	$0	$0	$0	$0	
Total Reserves	$30,899	$2,557	$2,575	$18	$27,918	$23,174	($4,743)	
								
Total Revenues	$1,784,917	$125,297	$122,826	$2,471	$1,446,697	$1,477,598	($30,901)	
								
Total Expenditures	$1,785,795	$143,602	$148,762	$5,160	$1,311,165	$1,340,076	$28,911	
								
Operating Income (Loss)	($878)	($18,305)	($25,936)	$7,631	$135,532	$137,522	($1,990)	
Non Operating Revenues/(Expenditures)								
Special Assessments	$558,355	$46,530	$46,530	$0	$418,766	$418,766	$0	
Interest Income	$1,000	$60	$83	($23)	$584	$750	($166)	
Transfer In	$0	$0	$0	$0	$0	$0	$0	
Interest Expense	($178,478)	($14,873)	($14,873)	($0)	($133,859)	($133,858)	($0)	
Principal Expense	($380,000)	($31,667)	($31,667)	($0)	($285,000)	($285,000)	($0)	
Total Non Operating Revenues/(Expenditures)	$878	$50	$73	($23)	$491	$658	($167)	
								
Change in Net Assets	$0	($18,255)	($25,863)	$7,608	$136,023	$138,180	($2,157)	
								
Beginning Net Assets	$0	LLLL	LLLL	LLLL	($2,097,142)	LLLL	LLLL	
								
Ending Net Assets	$0	LLLL	LLLL	LLLL	($1,961,119)	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		$0	$0	$0	$42,210	
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		$0	$0	$0	$844,336	

Administrative Expenditures															
Supervisors Fees	$2,272	$3,293	$1,580	$1,350	$2,503	$2,503	$2,272	$3,754	$1,138		$0	$0	$0	$20,663	
Engineering Fees	$0	$1,125	$0	$0	$0	$0	$450	$0	$450		$0	$0	$0	$2,025	
Attorney's Fees	$0	$0	$0	$0	$0	$0	$0	$522	$0		$0	$0	$0	$522	
Dissemination	$83	$83	$83	$83	$83	$83	$83	$83	$83		$0	$0	$0	$750	
Trustee Fees	$467	$467	$467	$467	$467	$463	$463	$463	$463		$0	$0	$0	$4,186	
Annual Audit	$542	$542	$542	$588	$542	$542	$575	$575	$575		$0	$0	$0	$5,021	
Collection Agent	$208	$208	$208	$208	$208	$208	$208	$208	$208		$0	$0	$0	$1,875	
Management Fees	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126	$8,126		$0	$0	$0	$73,136	
Postage	$33	$130	$143	$77	$56	$59	$43	$36	$31		$0	$0	$0	$609	
Printing & Binding	$61	$68	$62	$54	$0	$72	$91	$67	$0		$0	$0	$0	$475	
InsuranceN Liability	$565	$565	$565	$565	$565	$565	$565	$565	$565		$0	$0	$0	$5,081	
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		$0	$0	$0	$881	
Office Supplies	$265	$250	$250	$20	$150	$20	$20	$77	$146		$0	$0	$0	$1,199	
Dues & Licenses	$15	$15	$15	$15	$15	$15	$15	$15	$15		$0	$0	$0	$131	
Information Technology	$283	$283	$283	$283	$283	$283	$283	$283	$283		$0	$0	$0	$2,550	
Total Administrative	$12,994	$15,232	$12,409	$11,971	$12,997	$12,984	$13,257	$15,040	$12,222		$0	$0	$0	$119,105	

Operating Expenditures															
Salaries	$11,475	$10,397	$11,213	$10,056	$11,219	$10,114	$11,524	$10,509	$11,574		$0	$0	$0	$98,081	
Administration Fee	$121	$117	$121	$109	$121	$117	$121	$113	$134		$0	$0	$0	$1,074	
FICA Expense	$852	$771	$848	$750	$840	$756	$863	$787	$877		$0	$0	$0	$7,345	
Health Insurance	$580	$430	$732	$586	$839	$674	$674	$461	$886		$0	$0	$0	$5,860	
Workers Compensation	$239	$217	$234	$209	$234	$211	$240	$252	$316		$0	$0	$0	$2,151	
Unemployment	$0	$0	$0	$586	$70	$86	$34	$0	$0		$0	$0	$0	$777	
Other Contractual	$516	$516	$646	$176	$842	$854	$854	$213	$409		$0	$0	$0	$5,028	
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		$0	$0	$0	$120,316	

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		$0	$0	$0	$4,764	
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		$0	$0	$0	$72,214	
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		$0	$0	$0	$85,369	

Grounds Maintenance Expenditures															
Salaries	$12,485	$12,041	$12,460	$11,121	$12,413	$12,082	$11,838	$11,204	$12,831		$0	$0	$0	$108,475	
Administrative Fees	$286	$276	$286	$258	$286	$276	$286	$267	$315		$0	$0	$0	$2,535	
FICA	$897	$865	$899	$827	$900	$856	$835	$791	$943		$0	$0	$0	$7,814	
Health Insurance	$1,800	$1,395	$1,867	$3,877	$2,834	$2,279	$2,313	$1,859	$2,505		$0	$0	$0	$20,731	
Workers Compensation	$260	$251	$259	$231	$258	$251	$247	$267	$350		$0	$0	$0	$2,373	
Unemployment	$20	$20	$20	$702	$608	$359	($46)	$27	$21		$0	$0	$0	$1,732	
Telephone	$366	$366	$366	$865	$366	$366	$366	$366	$366		$0	$0	$0	$3,794	
Utilities	$413	$401	$401	$419	$466	$520	$474	$401	$578		$0	$0	$0	$4,073	
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		$0	$0	$0	$878	
Repairs	$867	$1,481	$589	$231	$796	$190	$3,780	$1,482	$561		$0	$0	$0	$9,975	
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		$0	$0	$0	$3,565	
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		$0	$0	$0	$3,751	
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		$0	$0	$0	$1,830	
Rain Bird Pump System	$0	$3,104	$0	$0	$1,450	$2,298	$2,298	$2,298	$2,299		$0	$0	$0	$13,748	
Maintenance ReserveN Transfer Out	$967	$967	$967	$967	$967	$967	$967	$967	$967		$0	$0	$0	$8,703	
Total Grounds Maintenance	$19,419	$23,004	$22,889	$21,510	$27,363	$21,335	$25,265	$20,634	$24,459		$0	$0	$0	$205,879	
															
Total Expenditures	$53,761	$62,080	$57,767	$59,533	$54,605	$64,474	$62,634	$56,265	$59,551		$0	$0	$0	$530,669	
															
Excess Revenue/(Expenditures)	($48,810)	$113,690	$455,734	($11,151)	($37,045)	($54,498)	($36,762)	($47,312)	($20,180)		$0	$0	$0	$313,666	

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	
0	
0	
0	
31,824	
Member Rounds	429	694	637	948	697	786	638	452	441	0	0	0	5,722	
Comp Rounds	405	541	549	688	678	719	557	420	477	0	0	0	5,034	
Revenue per Round
Paid Rounds	
$31	
$32	
$34	
$31	
$38	
$38	
$33	
$28	
$31	
$0	
$0	
$0	
$296	
Revenues:
Greens Fees	
$82,152	
$107,108	
$109,381	
$102,291	
$160,783	
$180,353	
$140,871	
$89,084	
$90,392	
$0	
$0	
$0	
$1,062,414	
Gift Cards B Sales	$188	$1,019	$3,373	$647	$956	$785	$1,592	$798	$1,186	$0	$0	$0	$10,542	
Gift Cards B Usage	($725)	($1,711)	($2,683)	($2,379)	($2,093)	($2,243)	($1,689)	($1,113)	($1,110)	$0	$0	$0	($15,748)	
Season Advance/Trail Fees	$16,716	$18,058	$17,058	$17,424	$16,684	$17,357	$15,390	$13,255	$13,125	$0	$0	$0	$145,067	
Associate Memberships	$2,449	$4,266	$3,239	$5,530	$3,950	$3,634	$2,607	$5,648	$1,422	$0	$0	$0	$32,745	
Driving Range	$3,816	$6,821	$6,875	$6,696	$8,578	$9,622	$9,331	$5,279	$4,253	$0	$0	$0	$61,272	
Golf Lessons	$175	$175	$175	$175	$175	$175	$175	$175	$175	$0	$0	$0	$1,575	
Merchandise Sales	$7,249	$8,801	$12,754	$8,305	$12,684	$15,190	$11,790	$11,045	$11,604	$0	$0	$0	$99,423	
Restaurant	$737	$1,798	$3,695	$2,421	$1,783	$3,539	$2,083	$1,194	$1,707	$0	$0	$0	$18,957	
Special Assessments B Operations	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$0	$0	$0	$16,895	
Miscellaneous Income	$834	$1,817	$699	$3,028	$3,848	$329	$1,745	$590	$665	$0	$0	$0	$13,556	
Total Revenues	$115,468	$150,030	$156,441	$146,015	$209,224	$230,618	$185,772	$127,833	$125,297	$0	$0	$0	$1,446,697	

Golf Course Expenditures:
Other Contractual Services	

$1,319	

$681	

$1,123	

$543	

$781	

$893	

$1,167	

$944	

$794	

$0	

$0	

$0	

$8,245	
Telephone/Internet	$393	$289	$497	$393	$448	$374	$433	$393	$393	$0	$0	$0	$3,614	
Postage	$447	$0	$253	$0	$250	$107	$132	$250	$144	$0	$0	$0	$1,582	
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	$0	$0	$0	$3,628	
Repairs & Maintenance	$405	$270	$546	$265	$2,079	$1,291	$450	$680	$363	$0	$0	$0	$6,349	
Advertising	$3,585	$1,156	$7,073	$2,770	$4,879	$4,569	$6,873	$3,149	$3,654	$0	$0	$0	$37,708	
Bank Charges	$1,222	$2,149	$2,754	$2,720	$3,173	$4,053	$4,281	$3,634	$2,387	$0	$0	$0	$26,373	
Office Supplies	$191	$134	$254	$0	$134	$663	$252	$439	$188	$0	$0	$0	$2,254	
Operating Supplies	$691	$195	$180	$72	$421	$144	$216	$294	$144	$0	$0	$0	$2,356	
Dues, Licenses & Subscriptions	$161	$110	$22	$976	$446	$3,237	$13	$920	$487	$0	$0	$0	$6,372	
Drug Testing B All Departments	$89	$89	$0	$110	$68	$0	$0	$0	$46	$0	$0	$0	$402	
Training, Education & Employee Relations	$142	$0	$2,804	$0	$163	$26	$340	$829	$87	$0	$0	$0	$4,390	
Contractual Security	$120	$1,061	$170	$120	$120	$120	$120	$120	$120	$0	$0	$0	$2,071	
IT Services	$0	$139	$255	$290	$0	$625	$257	$0	$640	$0	$0	$0	$2,206	
Total Golf Course Expenditures	$9,046	$6,808	$17,031	$9,170	$13,396	$16,513	$16,151	$12,092	$9,666	$0	$0	$0	$109,873	

Restaurant Expenditures:														
Utilities	$804	$773	$689	$891	$788	$801	$738	$753	$897	$0	$0	$0	$7,134	
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	$0	$0	$0	$723	
Total Restaurant Expenditures	$893	$864	$780	$892	$879	$892	$955	$844	$987	$0	$0	$0	$7,986	

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		

$0	

$0	

$0	

$151,367	
Administrative Fee	$1,233	$1,239	$1,307	$1,276	$1,416	$1,309	$1,347	$1,255	$1,481		$0	$0	$0	$11,864	
FICA Expense	$1,325	$1,153	$1,182	$1,130	$1,369	$1,437	$1,428	$1,211	$1,357		$0	$0	$0	$11,590	
Health Insurance	$86	($24)	$35	$46	$46	$38	$38	$13	$38		$0	$0	$0	$317	
Workers Compensation	$361	$314	$322	$308	$373	$391	$389	$376	$484		$0	$0	$0	$3,317	
Unemployment	$615	$425	$441	$889	$993	$968	$525	$815	$657		$0	$0	$0	$6,327	
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		$0	$0	$0	$15,874	
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		$0	$0	$0	$7,135	
Uniforms	$0	$0	$0	$0	$0	$207	$0	$0	$796		$0	$0	$0	$1,003	
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		$0	$0	$0	$32,583	
Cart Maintenance	$0	$986	$509	$934	$730	$21	$563	$1,752	$0		$0	$0	$0	$5,496	
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		$0	$0	$0	$253,205	

Merchandise Sales:															
Cost of Goods Sold	$8,994	$3,136	$10,120	$1,854	$8,399	$11,041	$8,716	$11,165	$1,398		$0	$0	$0	$64,823	
Total Merchandise Sales	$8,994	$3,136	$10,120	$1,854	$8,399	$11,041	$8,716	$11,165	$1,398		$0	$0	$0	$64,823	

Golf Course Maintenance:
Salaries	

$33,113	

$31,794	

$30,646	

$29,409	

$33,417	

$31,312	

$33,108	

$31,154	

$34,671		

$0	

$0	

$0	

$288,624	
Administrative Fees	$723	$721	$781	$704	$779	$754	$779	$729	$861		$0	$0	$0	$6,832	
FICA Expense	$2,479	$2,380	$2,303	$2,167	$2,462	$2,249	$2,370	$2,230	$2,572		$0	$0	$0	$21,211	
Employee Insurance	$1,290	$2,054	$2,808	$4,471	$3,544	$3,505	$5,286	$2,878	$4,927		$0	$0	$0	$30,764	
Workers Compensation	$686	$660	$636	$612	$692	$649	$688	$743	$942		$0	$0	$0	$6,308	
Unemployment	$175	$191	$237	$1,803	$1,410	$957	$596	$456	$142		$0	$0	$0	$5,967	
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		$0	$0	$0	$4,500	
Telephone/Internet	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Utilities/Water	$2,008	$2,025	$1,936	$1,997	$1,865	$2,925	$2,234	$2,028	$2,137		$0	$0	$0	$19,155	
Repairs	$3,883	$3,416	$3,741	$2,102	$2,490	$5,249	$6,414	$2,630	$2,163		$0	$0	$0	$32,088	
Fuel & Oil	$4,697	$2,619	$3,492	$3,478	$4,360	$5,016	$1,876	$7,664	$3,663		$0	$0	$0	$36,865	
Pest Control	$247	$247	$247	$550	$257	$257	$257	$257	$0		$0	$0	$0	$2,319	
Irrigation/Drainage	$1,174	$846	$889	$1,914	$1,199	$1,042	$3,161	$3,464	$2,235		$0	$0	$0	$15,923	
Sand and Topsoil	$549	$1,916	$1,466	$1,979	$1,901	$920	$1,775	$2,288	$1,573		$0	$0	$0	$14,367	
Flower/Mulch	$0	$114	$0	$0	$1,260	$315	$719	$719	$2,239		$0	$0	$0	$5,366	
Fertilizer	$5,303	$12,709	$11,544	$11,081	$10,415	$11,445	$11,659	$6,701	$11,973		$0	$0	$0	$92,829	
Seed/Sod	$406	$2,477	$2,477	$1,984	$1,579	$0	$0	$2,292	$709		$0	$0	$0	$11,922	
Trash Removal	$271	$135	$0	$0	$271	$0	$271	$135	$135		$0	$0	$0	$1,218	
Contingency	$585	$1,137	$585	$2,968	$2,901	$1,678	$818	$818	$818		$0	$0	$0	$12,309	
First Aid	$78	$0	$90	$200	$0	$0	$269	$0	$115		$0	$0	$0	$752	
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		$0	$0	$0	$13,297	
Training	$0	$360	$0	$112	$110	$709	$0	$489	$369		$0	$0	$0	$2,148	
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		$0	$0	$0	$5,366	
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		$0	$0	$0	$104,756	
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		$0	$0	$0	$739,123	

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		$0	$0	$0	$750	
Trustee Fees	$313	$313	$313	$313	$313	$313	$307	$307	$307		$0	$0	$0	$2,796	
Annual Audit	$125	$125	$125	$125	$125	$125	$125	$125	$125		$0	$0	$0	$1,125	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690		$0	$0	$0	$42,210	
Insurance	$5,266	$5,266	$5,359	$4,540	$5,307	$7,716	$7,211	$7,211	$7,211		$0	$0	$0	$55,087	
Property Taxes	$504	$504	$1,444	$845	$504	$504	$504	$504	$504		$0	$0	$0	$5,819	
Total Administrative Expenditures	$11,031	$11,031	$12,064	$10,646	$11,072	$13,481	$12,970	$12,970	$12,970		$0	$0	$0	$108,237	

Reserves:															
Renewal & Replacement	$1,490	$2,309	$3,001	$3,129	$2,920	$4,184	$4,612	$3,715	$2,557		$0	$0	$0	$27,918	
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		$0	$0	$0	$27,918	
															
Total Revenues	$115,468	$150,030	$156,441	$146,015	$209,224	$230,618	$185,772	$127,833	$125,297		$0	$0	$0	$1,446,697	
															
Total Expenditures	$132,198	$128,210	$141,486	$133,293	$155,569	$162,430	$162,775	$151,603	$143,602		$0	$0	$0	$1,311,165	
															
Operating Income (Loss)	($16,731)	$21,820	$14,955	$12,722	$53,656	$68,188	$22,997	($23,770)	($18,305)		$0	$0	$0	$135,532	

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		

$0	

$0	

$0	

$418,766	
Interest Income	$62	$64	$46	$48	$48	$43	$58	$154	$60		$0	$0	$0	$584	
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)		$0	$0	$0	($133,859)	
Principal Expense	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)	($31,667)		$0	$0	$0	($285,000)	
Total Non Operating Revenues/(Expenditures)	$51	$54	$36	$38	$38	$33	$48	$144	$50		$0	$0	$0	$491	
															
Net Non Operating Income / (Loss)	($16,679)	$21,874	$14,991	$12,760	$53,693	$68,221	$23,044	($23,626)	($18,255)		$0	$0	$0	$136,023	

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		

$0	

$0	

$0	

$99,423	
Total Revenues	$7,249	$8,801	$12,754	$8,305	$12,684	$15,190	$11,790	$11,045	$11,604		$0	$0	$0	$99,423	

Expenditures															
Cost of Goods Sold	$8,994	$3,136	$10,120	$1,854	$8,399	$11,041	$8,716	$11,165	$1,398		$0	$0	$0	$64,823	
Total Expenditures	$8,994	$3,136	$10,120	$1,854	$8,399	$11,041	$8,716	$11,165	$1,398		$0	$0	$0	$64,823	
															
Operating Income (Loss)	($1,744)	$5,665	$2,634	$6,452	$4,285	$4,148	$3,074	($120)	$10,206		$0	$0	$0	$34,600	

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:	$280,290	
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	$	(2,393,382)	$	11,656		
General Fund	$	808,157		$	802,110	$	(802,110)	$	P		
Recreation Fund	$	580,882		$	576,535	$	(573,741)	$	2,794		
							
	$	3,812,209	100.00% $	3,783,684	$	(3,769,233) $	14,450	$	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
6/30/17	Actuals
6/30/18	
Variance		Year to Date
6/30/17	Year to Date
6/30/18	
Variance	

Revenues:
Greens Fees	
$70,851	
$	90,392	
$	19,541	
$ 990,088	
$1,062,414	
$	72,326	
Gift Cards - Sales	$1,290	$	1,186	$	(105)	$	9,027	$	10,542	$	1,515	
Gift Cards - Usage	($1,769)	$	(1,110)	$	658	$	(19,723)	$	(15,748)	$	3,976	
Season Advance/Trail Fees	$16,656	$	13,125	$	(3,531)	$ 165,068	$ 145,067	$	(20,001)	
Associate Memberships	$1,254	$	1,422	$	168	$	22,703	$	32,745	$	10,041	
Driving Range	$5,490	$	4,253	$	(1,237)	$	58,279	$	61,272	$	2,993	
Golf Lessons	$324	$	175	$	(149)	$	1,769	$	1,575	$	(194)	
Merchandise Sales	$9,182		$	11,604		$	2,422		$	98,877		$	99,423		$	546	
Restaurant	$1,124		$	1,707		$	584		$	8,808		$	18,957		$	10,149	
Special Assessments - Operations	$1,877		$	1,877		$	-		$	16,895		$	16,895		$	-	
Miscellaneous Income	 	$1,027 		  $	665 		  $	(362)		  $	7,622 		  $	13,556 		  $	5,934 	
Total Revenues	  $	107,307 		  $	125,297 		  $	17,990 		  $1,359,413 		  $1,446,697 		  $	87,284 	
Expenditures:
Golf Course Expenditures	
$	9,400		
$	9,666		
$	(265)		
$	107,045		
$	109,873		
$	(2,829)	
Restaurant	$	886		$	987		$	(101)		$	8,968		$	7,986		$	982	
Golf Operations	$	23,295		$	26,957		$	(3,662)		$	226,636		$	253,205		$	(26,569)	
Merchandise Sales	$	6,634		$	1,398		$	5,236		$	70,145		$	64,823		$	5,322	
Golf Course Maintenance	$	67,708		$	89,067		$	(21,359)		$	678,987		$	739,123		$	(60,136)	
Administrative	$	11,793		$	12,970		$	(1,178)		$	102,377		$	108,237		$	(5,859)	
Reserves	  $	2,328 		  $	2,557 		  $	(229)		  $	27,179 		  $	27,918 		  $	(739)	
Total Expenditures	  $	122,044 		  $	143,602 		  $	(21,558)		  $1,221,337 		  $1,311,165 		  $	(89,828)	
Operating Income/(Loss)	  $	(14,737)		  $	(18,305)		  $	(3,568)		  $	138,076 		  $	135,532 		  $	(2,544)	

I. Cash Flows:

Actuals

July

Projections
August

September

Totals

Starting Funds
Carry Forward
Revenues

Expenses

$	167,406	$	145,735	$	88,980	

Viera East Cash Flow Analysis  FY 2018

October	November	December	January	February	March	April	May	June	

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

$	201,156	$	167,406	$	145,735	

Golf Course	$ 115,468	$ 150,030	$ 156,441	$ 146,015	$ 209,224	$ 230,618	$ 185,772	$	127,833	$	125,297		$	114,846	$	127,007	$	90,879	$ 1,779,429	
Course Operations	$ 114,731	$ 148,232	$ 152,746	$ 143,594	$ 207,442	$ 227,079	$ 183,689	$	126,639	$	123,590		$	114,205	$	126,297	$	90,374	$ 1,758,616	
Restaurant	$	737	$	1,798	$	3,695	$	2,421	$	1,783	$	3,539	$	2,083	$	1,194	$	1,707		$	641	$	710	$	505	$	20,813	
								
Total All Cash	$ 180,781	$ 198,612	$ 226,843	$ 231,372	$ 307,304	$ 382,353	$ 406,006	$	371,064	$	344,758		$	316,002	$	294,413	$	236,614	$ 1,779,429	

Golf Course	$ 132,198	$ 128,210	$ 141,486	$ 133,293	$ 155,569	$ 162,119	$ 162,775	$	151,603	$	143,602		$	148,596	$	148,678	$	147,634	$ 1,755,762	
Course Operations	$ 131,305	$ 127,346	$ 140,706	$ 132,400	$ 154,690	$ 161,227	$ 161,820	$	150,759	$	142,615		$	147,833	$	147,833	$	147,033	$ 1,745,567	
Restaurant	$	893	$	864	$	780	$	892	$	879	$	892	$	955	$	844	$	987		$	763	$	845	$	601	$	10,195	
															
Cash Less Expenses	$	48,582	$	70,402	$	85,357	$	98,080	$ 151,735	$ 220,234	$ 243,231	$	219,461	$	201,156						

	Projected Revenues FY 2018	$ 1,779,429	
	Projected Expenses FY 2018	$ 1,755,762	
	Projected Surplus(Deficit) FY 2018	$	23,667	

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$28.99	$35.07	$2.50	$1.74	
$24.58	$29.74	$1.31	$0.18	
$29.19	$34.99	$0.04	($1.27)	
$28.09	$34.90	$7.48	$2.03	
$22.89	$31.79	($22.89)	$1.60	
$28.61	$31.55	($28.61)	($31.55)	
$16.47	$17.69	$3.60	$5.29	
$28.10	$33.64	$1.96	$0.15	
PY	PY	Vs. PY	Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$16,656	$165,068	($3,532)	($20,005)	
$29.07	$23.18	$0.76	$3.77	

	Monthly	Year to Date	
Membership Revenue	$13,124	$145,063	
Average $ per round of Golf	$29.83	$26.94	

Average $ per Round of Golf

Average $ per round of Golf	
Monthly	
Year to Date	
Rounds of Golf+ Associate Member	$31.49	$36.81	
Rounds of Golf+ CDD Resident	$25.89	$29.92	
Rounds of Golf + Public	$29.23	$33.71	
Rounds of Golf + Golf Now / EZ Links	$35.57	$36.93	
Rounds of Golf+ Tournaments	$0.00	$33.38	
Rounds of Golf+ Misc	$0.00	$0.00	
Rain Check Issued	$20.06	$22.98	
TOTAL F Average $ per round of Golf	$30.06	$33.79	

Viera East Community Development District
Detailed Rounds of Golf Report
JunF18

Rounds of Golf

Monthly

Year to Date

PY F PREVIOUS YEAR

Paid Rounds
Rounds of Golf+ Associate Member	
522	
14%	
4,301	
10%	
Rounds of Golf+ CDD Resident	651	17%	7,502	18%	
Rounds of Golf + Public	1,658	43%	15,273	37%	
Rounds of Golf + Golf Now / EZ Links	277	7%	3,531	9%	
Rounds of Golf+ Tournaments	+	0%	1,173	3%	
Rounds of Golf+ Misc	+	0%	+	0%	
Rain Check Issued	+182	+5%	+619	+1%	
Total Paid Rounds	2,926		31,161		
Member Rounds
Rounds of Golf + Members	
440	
11%	
5,384	
13%	
Total Member Rounds	440		5,384		
Comp Rounds
Rounds of Golf+ Staff/Comp	
140	
4%	
1,272	
3%	
Rounds of Golf+ GolfNow EZ Links + Trade	204	5%	2,304	6%	
Rounds of Golf+ Other Comp	124	3%	1,355	3%	
Total Comp Rounds	468		4,931		
TOTAL ROUNDS OF GOLF	3,834	100%	41,476	100%	

 	

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
401	3,393	121	908	
520	7,653	131	+151	
838	9,132	820	6,141	
641	6,926	+364	+3,395	
222	2,102	+222	+929	
79	1,157	+79	+1,157	
+144	+645	+38	26	
2,557	29,718	369	1,443	

573	
7,122	
+133	
+1,738	
573	7,122	F133	F1,738	

130	
1,322	
10	
+50	
274	2,849	+70	+545	
83	1,337	41	18	
487	5,508	F19	F577	
3,617	42,348	217	F872	

Revenues

Greens Fee Revenue	

Monthly		

Year to Date		
Rounds of Golf+ Associate Member	$16,439	19%	$158,305	15%	
Rounds of Golf+ CDD Resident	$16,853	19%	$224,449	21%	
Rounds of Golf + Public	$48,469	55%	$514,855	49%	
Rounds of Golf + Golf Now / EZ Links	$9,853	11%	$130,384	12%	
Rounds of Golf+ Tournaments	$0	0%	$39,159	4%	
Rounds of Golf+ Misc	$0	0%	$0	0%	
Rain Check Issued	($3,651)	+4%	($14,224)	+1%	
TOTAL GREENS FEE REVENUE	$87,963	100%	$1,052,928	100%	

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$11,624	$118,986	$4,815	$39,319	
$12,783	$227,616	$4,070	($3,167)	
$24,464	$319,484	$24,005	$195,371	
$18,007	$241,702	($8,154)	($111,318)	
$5,082	$66,817	($5,082)	($27,658)	
$2,260	$36,498	($2,260)	($36,498)	
($2,371)	($11,412)	($1,280)	($2,812)	
$71,849	$999,691	$16,114	$53,237