•	•	•	•	•	•	•	•	•	•	•

Viera East
Community Development District

Unaudited Financial Reporting
March 31, 2018

.	.	.	.	.	�	.	.	.	.	.	.	.	.

TABLE OF CONTENTS

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Assets

Viera East
Community Development District
Combined Balance Sheet March 31, 2018
GovernmentalFund

General	Cm!_ltal Reserve	DebtService

----

Totals
!if!!£t11ursetBecreatlon	(memorandum on�

Operating Account

$559,94--1--

$8,66-9-	--

$395,482	$964,092

Accounts Receivable Assessment Receivable

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

$5,54-1-

$5,541
$0

Rent Receivable

---

--

Due From Golf Course Due From General Fund

$108,94--0--	------	---

----	----

--	--

----

$1,049	$1,049
$108,940
$30,864	$30,864

Due From Capital Reserve Due from Debt 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 of Depredation)

--	-	---

----	----

----

------	$179,27--8--	----

----	----

----
----	----	$2,417,88--3--

$1,903	$1,903
$82,253	$82,253
---	$179,27B

----

$473,731	$473,731
$281,447	$281,447
$2,417,883
$1,259,416	$1,259,416

Prepaid Expenses- Debt Prepaid Expenses- Operations

--	---

$677,843

$8,957

----

---	$0
$118,653	$127,610

ITotal Assets
Liabilities Accounts Payable Accrued Expenses
Deferred Revenue- Season Advance
Deferred Revenue- Special Assessments O&M
Deferred Revenue- Special Assessments Debt Deposit-Divots Grill

$1871947	$21417,883
$8,875	---	----
$813	---	---
----	--	----
---	-	---

---

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

$2,656,340	SS,940,0131

($78)	$8,797
$2,592	$3,404
$103,259	$103,259
$11,254	$11,254
$231,626	$231,626
$8,000	$8,000

Due to General Fund
Accrued Interest Payable

------

---	----

$108,940	$108,945
$102,016	$102,016

Accrued Principal Payable

---	---	----

$158,333	$158,333

Golf Cart Lease Payable

----

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

---

$855

Sales Tax Payable

--	----	----

$17,490	$17,490

Event Deposits Due to Golf Course

$30,86--4--	$6,000	---

$855
-------

$0

$36,864

----	----

Due to Debt Service Due to Capital Reserve

----

----
----

----	$0

Accrued Payroll Payable Bonds Payable - Series 2012 Bond Discount
Deferred Loss
Fund Equit;y
Net Assets Fund Balances
Assigned - First Quarter

$8,31-3--	----	--

---

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

----

$176,000	---	----

$19,781	$28,094
$4,080,000	$4,080,000
($20,623)	($20,623)
($225,134)	($225,134)

($1,941,971)	($1,941,971)
----	$176,000

Assigned - Prepaid Expenses

$8,957	--

---

--	$8,957

----

Unassigned
Restricted for Debt Service

$444,02--2--

$181,94-7-	$2,417,878

$625,970
$2,417,878

jjotal IJabllides, Fund Equity, Other

$677,843	$187,947	$2,417,883

Page 1

$2,656,340	ss.940,0131

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending March 31, 2018
Adopted	Prorated Budget	Actual
Bud et	3  31  18	3  31  18	Variance
Revenues		
Maintenance Assessments	$808,157	$741,987	$741,987	$0	
Golf Course Administrative Services	$56,280	$28,140	$28,140	$0	
Interest Income	$100	$50	$13	($37)	
Total Revenues	 	$864,536	$770,176	$770,139		($37)!
Administrative Expenditures

Supervisors Fees	$30,195	$15,098	$13,499	$1,598	
Engineering Fees	$5,000	$2,500	$1,125	$1,375	
Attorney's Fees	$5,000	$2,500	$0	$2,500	
Dissemination	$1,000	$500	$500	$0	
Trustee Fees	$5,600	$2,800	$2,797		
Annual Audit	$6,500	$3,250	$3,296	($46)	
Collection Agent	$2,500	$1,250	$1,250	($0)	
Management Fees	$97,515	$48,758	$48,758	$0	
Postage	$2,500	$1,250	$499	$751	
Printing & Binding	$4,500	$2,250		$1,933	
Insurance- Liability	$7,293	$3,647	$3,388	$259	
Legal Advertising	$2,500	$1,250	$0	$1,250	
Other Current Charges	$1,500	$750	$416		
Office Supplies	$3,000	$1,500	$956	$544	
Dues & Licenses	$175	$88	$88	($0)	
Information Technology	$3,400	$1,700	$1,700	$0	

$317

$334

Total Administrative	$178,178	$89,089	$78,587	s10,so2 I

Page2

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending March 31, 2018
Adopted	Prorated Budget	Actual
 	Bud et	3 31 18	3 31 18	Variance
Operating Expenditures					
Salaries	$131,660	$65,830	$64,475	$1,355	
Administrative Fee	$1,199	$600	$706	($107)	
FICA Expense	$10,072	$5,036	$4,817	$219	
Employee Insurance	$7,667	$3,834	$3,839	($6)	
Workers Compensation	$2,581	$1,291	$1,343	($52)	
Unemployment	$853	$427	$743	($317)	
Other Contractual	$6,500	$3,250	$3,552	($302)	
Training	$500	$250	$0	$250	
Uniforms	$500	$250	$0	$250	

Maintenance Expenditures		
Canal Maintenance	$11,000	$5,500	$4,764	$736	
Lake Bank Restoration	$60,000	$30,000	$0	$30,000	
Environmental Services	$27,000	$13,500	$3,791	$9,709	
Water Management System	$99,000	$49,500	$48,209	$1,291	
Control Burns	$15,000	$7,500	$0	$7,500	
Fire Line Maintenance	$5,000	$2,500	$858	$1,642	
Basin Repair	$4,000	$2,000	$45	$1,955	

Total Operating	 	$161,532	$80,766	$79,475		s1,291 I

$3,530

Contingencies	$9,000	$4,500	$970

Total Maintenance	 	$230,000	$115,000		$58,636	ss6,364 I

Page3

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending March 31, 2018
Adopted	Prorated Budget	Actual
Bud et	3 31 18	3 31 18	Variance
Grounds Maintenance Expenditures
Salaries	$145,559	$72,780	$72,602	$177
Administrative Fees	$3,289	$1,645	$1,667	($23)
FICA	$11,135	$5,568	$5,245	$323
Health Insurance	$24,205	$12,103	$14,053	($1,950)
Workers Compensation	$2,853	$1,427	$1,510	($83)
Unemployment	$2,132	$1,066	$1,730	($664)
Telephone	$2,000	$1,000	$2,696	($1,696)

($991)

Utilities	$7,700	$3,850	$2,620	$1,230
Property Appraiser	$1,990	$995	$1,986
Insurance	$1,359	$680	$585
Repairs	$14,000	$7,000	$4,153	$2,847

Fuel	$16,500	$8,250

$7,502

Park Maintenance	$3,000	$1,500	$1,541	($41)
Sidewalk Maintenance	$5,000	$2,500	$5,245	($2,745)
Chemicals	$5,000	$2,500	$1,009	$1,491
Contingencies	$6,000	$3,000	$1,122	$1,878
Refuse	$9,000	$4,500	$2,891	$1,609

Office Supplies	$1,000	$500

$267

Uniforms	$3,000	$1,500	$1,230	$270
Rain Bird Pump System	$18,500	$9,250	$6,852	$2,398
Maintenance Reserve - Transfer Out	$11,604	$5,802	$5,802	$0
Total Grounds Maintenance	$294,826	$147,413	$135,520	su,893 I Total Expenditures	$864,536	$432,268	$352,219	$00,049 I
Excess Revenue/(Expenditures)	$0	$417,921
Beginning Fund Balance	$0	$211,058
Ending Fund Balance	$0	$628,979

Page4

Viera East
Community Development District
Capital Reserve Fund Statement of Revenues & Expenditures
For Period Ending March 31, 2018

Revenues

Adopted Bud et

Prorated Budget 3 31 18

Actual 3 31 18

Variance

Interest Income	$250	$125	$1,391	$1,266	
Reserve Funding - Transfer In (General)	$11,604	$5,802	$5,802	$0	
Reserve Funding - Transfer In (Golf)	$30,899	$15,450	$16,214	$764	
Total Revenues	$42,753	$21,377	$23,407	s2,030 1	
Expenditures					
Capital Outlay	$125,000	$66,689	$66,689	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$66,689	$66,689	so I	
Excess Revenues/(Expenditures)	($82,247)		($43,282)		
Beginning Fund Balance	$785,491	$225,229		
Ending Fund Balance	$703,244	$181,947	

Pages

Viera East Community Development District
Capital Reserve Fund Capital Outlay Check Register Detail For Period Ending March 31, 2018
Check Date	Vendor	Detail
Capital Outlay
FY2018

Amount

Total

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

Pages

$	15.00
$	54,863.00
$	15.00
$	5,796.00
$	6,000.00

$	661689.00

Viera East
Community Development District
Debt Service Fund Statement ofRevenues & Expenditures
For Period Ending March 31, 2018

Adopted Bud et

Prorated Budget 3 31 18

Actual 3 31 18

Variance

Revenues		
Special Assessments	$2,423,170	$2,224,765	$2,224,765	$0	
Interest Income	$100	$50	$966	$916	

Total Revenues	
$2,423,270	
$2,224,815	
$2,225,732	$916 I	
Expenditures					
Series 2006					
Interest-11/1	$291,669	$291,669	$291,669	$0	
Interest-5/1	$291,669	$0	$0	$0	
Principal-5/1	$1,810,000	$0	$0	$0	
Other Debt Service Costs	$46,873	$0	$0	$0	

Total Expenditures	
$2,440,211	
$291,669	
$291,669	so I	
Excess Revenues/(Expenditures)	($16,941)		$1,934,063		

Beginning Fund Balance	$466,966	$483,815		
Ending Fund Balance	$450,026	$2,417,878	

Page7

Community Development District

Vi  ra East
GolfCourse/Recreation Fund• Operations Statement ofRevenues & Expenditures For Period Ending March 31, 2018

Budget

Numberof Rounds

ABduod�et

I Actuals

CurrBeundtgMetonth

Variance II

Actuals

Year-to-Date

Variance

5,489

Paid Rounds	37,250	4,698	4,843	(145)	21,412	20,447	965
Member Rounds	10,000	786	1,300	(514)	4,191	(1,298)

46

Comp Rounds	6,000	719	780	(61)	3,580	3,293	287
Total Memberships	60	3	3	60	(14)
Revenue perRound

Paid Rounds	$35	$38	$35	$3	$35
Revenues

($2)

Greens Fees/Cart Fees	$1,296,290	$180,353	$171,110	$9,242	$742,067	$756,385	($14,318)
Gift Cards• Sales	$25,000	$78S	$3,300	($2,515)	$6,967	$14,588	($7,621)

$103,296

Gift Cards• Usage	($25,000)	($2,243)	($3,300)	$1,057	($11,835)	($14,588)	$2,752

$42,000	$3,634	$5,544	$23,068	$24,S07	($1,439}

Season Advance/Trail Fees	$210,000	$17,357	$27,720	($10,363)	$122,535	($19,239) Associate Memberships					($1,910)

($175)

Driving Range	$72,000	$9,622	$9,504	$118	$42,409	$42,012
GolfLessons	$2,100	$277	($102)	$1,050	$1,225

$3,539

Merchandise Sales	$115,000	$15,190	$15,180	$10	$64,983	$67,103	($2,120)
Restaurant	$10,000	$1,320	$2,219	$13,972	$5,835	$8,137

S1,784,9171 I

$ ,250	$10,555		$3,058 

,618	$233,781	(S31164]1 I	S1,007,79S	S1,038,3S8	($30,S63}1	

$1,499	
$606	
$5,340	
$8,996	
$3,657	

Special Assessments• Operations	$22,527	$1,877	$1,876		S1	$11,264	$11,259		$5 Miscellaneous Income	$15,000		$329		1	($920) 			$7,497	

Total Revenues	I
GolfCourse Expenditures
Other Contractual Services	$18,000

S230

Telephone/Internet	$9,308	$374	$775	$402	$2,394	$4,652	$2,258
Postage	$450	$107	$37	($69)	$1,056	$225	($831)

$5,000	$417$412Utilities

Printing & Binding	$1,000	$0	$83

$1,304	$500	($804)

$5

$2,373	$2,499	$126

Repairs & Maintenance	$7,000	$1,291	$583	($708)	$4,856	$3,499	($1,357)

$4,053

Advertising	$45,000	$4,569	$3,749	($820)	$24,032	$22,491	($1,541)
Bank Charges	$30,500	$2,541	($1,512)	$16,070	$15,244	($826)
Office Supplies	$1,500	$663	$125	($538)	$1,376	$750	($626)

($3,952)

$4,952

Operating Supplies	$9,SOO	$144	$791	$647	$1,703	$4,748	$3,045

$42

Dues, Licenses& Subscriptions	$2,000	$3,237	$167	($3,070}	$1,000

Drug Testing• All Departments	$500	$0	$42

$356	$250	($106)

$425

$391

Training. Education & Employee Relations	$2,500		$26	$208	$182	$3,135	$1,250	($1,885) Contractual Security	$5,000	$120	$417	$297	$1,711	$2,499		$788
IT Services	$3,000	$250	($175)	$1,109	$1,499
Total Golf Course Expenditures	I  	$140,ZSB!I	$16,313	$11,683	j$4,63Dlll	$71,765	$70,101	!$1,664}1

Page 8

Community Development District

Viera East
GolfCourse/Recreation Fund - Operations Statement ofRevenues & Expenditures For Period Ending March 31, 2018

Budget

Restaurant Expenditures

Adopted II

Actuals

CurrBeundgt Meot nth

Variance II

Actuals

VeaBru-todg-eDtate

Variance

Utilities Pest Control
Equipment Lease
Total Restaurant Expenditures	I
GolfOperation Expenditures
Salaries Administrative Fee
FICA Expense

$9,000	$801	$1,170
$1,800	$0	$234
$1,100	$91	$143
$11,9001 1	$892	$1,547

$222,204	$18,640	$18,516
$12,858	$1,309	$1,071
$17,253	$1,437	$1,438

$369
$234
$6SS II
($124)
($238)
$1

$4,747	$4,940	$193
$0	$988	$988
$453	$604	$151
$S,200	$6,532

$99,143	$111,098	$1 1,955
$7,781	$6,429
$7,595	$8,626	$1,031

Health Insurance Workers Compensation

$461
$4,420

$38

$391

$368

$0	$228	$230	$3
$2,068	$2,210	$142

Unemployment
Golf Printing Utilities

$9,322	$857	$777
$500	$0	$42
$20,500	$1,900	$1,708

($81)
$42 ($192)

$4,219	$4,661	$441
$0	$250	$250
$10,479	$10,250	($229)

Repairs

$250

$21

$21

$0	$125	$125

Pest Control Supplies Uniforms
Training, Education & Employee Relations Fuel
Cart  Lease Cart Maintenance Driving Range
Total GolfOperation Expenditures	I
Merchandise Sales
Cost of Goods Sold

$1,800	$0	$150
$3,000	$1,320	$250
$1,500	$207	$125
$2,000	$0	$167
$500	$0
$42,636	$3,786	$3,553
$4,000	$21	$333
$10,000	$0
$35312041 1	$29,907	$29,433

$77,000	$11,041	$6,417

$150 ($1,070)
($82)
$167
$42 ($233)
$312
$833 ($474)11 

($4,625)

$0	$900	$900

$543

$4,232	$1,500	($2,732)
$207	$750
$1,000	$1,000
$0	$250	$250
$23,370	$21,318	($2,052)
$3,180	$2,000	($1,180)
$4,439	$5,000	$561
$166,942	$176,597	$9,6S5 I

[$S1043}1

$38,500

Total Merchandise Sales	I

$77,oool l	$11,041	$6,417

Page  9

1s4,625ll l 	$43,543	$38,S00	

For Period Ending March 31, 2018

CommunityVDievelEoapsmt ent District GoSltfaCteomuresnet/oRfeRcreevaetinounesF&unEdxp• eOnpdeirtautrieosns

CuITent MonthII

GolfCourse Maintenance

ABduodp==et

    Actuals		Budget

Variance II

Actuals

YeaBru-tdgo-Detate

Variance

SAadlmariinesistrative Fees

$41$78,,659028

$31,312

$34$,7252

$3(,4$8290)

$18$94,,649613	$20$48,,374591	$19($,011640)

$754

$50

FEImCpAloEyxepeenInsseurance WUnoermkeprlsoyCmomenptensation

$582,,792575
$6,,368174

$3,,254095
$694597

$42,,972173
$55919

$1$,408 ($405)

$147,607393	$2196,,436784

($1,749)

$4,,793743	$3,319092

$1$12,,83025 ($1$,426548)

$94

DCorungsuTlteisntignFgees

$6$,40200

$50$0

$500

$3$50

$3,50$0	$3$,02010	($5010)

TUetilleitpiheso/nWe/aItnetrernet

$$252,7500

$2,9$205

$2$,214028

($728048)

$12,75$60

$$121,,8250

$1,250

FRueepla&irsOII

$352,000

$5,04169

$2,,590107

($2,100)

$203,,686812	$1271,,0500	($6$,1629)

IPrresigtaCtoionntr/oDlrainage

$3$41,,5000

$1,042

$2$,812353

$(1$,71392

$7,,806053	$17$,07050	($91,95357)

SFalonwdearn/dMTuolcphsoil

$$17,0500

$32150

$1$,455883

$23698

$1,,678391	$3,,75500	$1,$811

SFeeertdi/liSzoerd

$$12140,,000

$11,445

$1$01,,016070

($1,414657)

$6$28,,942972

$$670,,000

(($1,99272)

$0

CToransthinRgencoyval OFiffrsicteASidupplies

$6,000
$500

$1,67$08

$516007
$$4502

($1$,1787) ($2$0530)

$9$,687575	$3,000	($6$,382553)
$76781	$2050	($($56281)

TOrpaeirnaintigng Supplies

$18$,0500

$2$,7096	$1,5$0402

($(1$,264668)

$18,,279381	$9$,20500	($1$,206421)

$8637

JSaonllit&orWiaal tSeurpTpelisetisng UEqnuifoiprmmesnt Rental

$1$,8000
$$140,,5000

$0

$245

$514

$0	$33735

($847305)

$1,,259041	$500	($(1$,809041)
$3$,616434	$25,02500	$1,,038567

SEmquailpl TmoeonltsLease

$148$,0500

$13,3$150	$12,$34323

($982)

$64,68$50	$74$,20500	$9$,235105

$67

$333

Total GolfCourse Maintenance	I $1,030,9031 1

$86,300

Page 10

$85,909

[$391}11 

$479,065	$515,452	$36,387 I

Viera East
Community Development District
GolfCourse/Recreation Fund - Operations Statement ofRevenues & Expenditures For Period Ending March 31, 2018

Bud1et

Adopted    II	Current Month	II

Year-to-Date

Administrative Expenditures
Legal Fees Arbitrage
D lssemination

$1,500
$600
$1,000

Actuals	Budget

$125

$83

$50

Variance

$125
$0
$0

Actuals	Budget	Variance

$750

$0	$750
$300	$300
$500	$500	$0

Trustee Fees Annual Audit
GolfCourse Adminlsttative Services Insurance

$3,750	$313	$313
$1,500	$125	$125
$56,280	$4,690	$4,690

$504

$71,000	$7,716	$5,917

$0
$0
$0 ($1,799)

$1,875	$1,875
$750	$750	$0
$28,140	$28,140	$0
$33,455	$35,500	$2,046

Total Administradve Expenditures	I	$141,6301 1	$13,481	$11,803	is1,618JI I	$69,32S	$70,81S	s1,490 I	
Renewal & Replacement Operating Reserves
Total Reserves	
I	$30,899
$0
$30!8991 1	$4,184
$0
$4,184	$2,575
$0
$2,S7S	($1,610)
$0
jSl,610]1 I	$17,033
$0
$17,033	$15,450

$1S,4S0	($1,584)

{$1.58411	

Property Taxes

$6,000

$500

$4,306	$3,000	($1,306)

Total Revenues	I
Total Expenditures	I
Operating Income (Loss)	I
Non Operating Revenues/(Expendltures)
Special Assessments Interest Income Transfer In
Interest Expense

$230,618	$233,781

$1,784,9171 1

$1,78S,79S1 1	$162,119	$149,366 [$878)1 1	$68,499		$84,416
$558,355	$46,530	$46,530
$1,000	$43	$83

($380,000]

($31,667)

$0		$0		$0 ($178,478)	($14,873)	($14,873)

{$12,7S3]11 1s1s,9161I I
$0 ($40)
$0 ($0)

so

$40,5721

$1,007,79S	$1,038,358
$8S21874	""$893,446
$154,921	$144,912	$10,009 I

$279,178	$279,178	$0
$311	$500	($189)
$0	$0	$0

($190,000)

($89,239)	($89,239)	($0)

Principal Expense

 	 ($0�

($190,000)

($0�

Total  Non Operating   Revenues/(Expendltures)         I
Change In Net Assets	I

$87& II	$33	$73
soi l	$68,S32	$84,489

[$1S,9S6)I I

$2S0	$439
$155,171	$14S,3S1	s9,ezo 1

[$1,941,971)

Beginning NetAssets	I	soi l	----	---

----	II 

Ending Net Assets	I	soi l    ---	---

Page 11

··--	II

Revenues

October	November	December

Viera EastGeneral Fund Month to Month
Februafl	Mardi	&lr11	Mat

1u1z;	Aul,!st	�tember	Total

Maintenance Assessments	$Z61	$171,080	$508,811	$43,681	$1Z,868	$5,Z86	$0	$0	$0	$0	$0	$0	$741,987

GolfCourse Administrative SelVlces	$4,690	$4,690

$4,690	$4,690	$4,690	$0	$0	$0	$0

$0	$Z8,140

$13

Interest Income	$0	$0	$0	$11	$0	$0	$0	$0	$0	$0	$0
Total a.....nu..	I	li,251	!175,770	!513,!!01	HB,3Bjl	!17,559	!9,976	so	!O	10	!0	II!	10	!770,139 1
Adminlstrorlve Expenditures

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

$0	$0	$0	$0	$0	$0	$13,499

Engineering Fees	$0	$1,125
Attorney's Fees	$0

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

$0	$0	$1,125

so

$0	$0

$83

Dissemination	$83	$83	$83

$0	$0	$0	$0	$0	$0	$500

Trustee Fees	$467	$467	$467	$467	$467

$0	$0	$0	so

$0	$2,797

Annual Audit

$542

$588

$542	$0	$0	$0	$0	$0	$0

Collectlon Agent	$208	$208	$208	$208	$208	$208

so	$0	so	$0	$0	$1,250

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

$48,758

Postage	$33	$130	$143	$77	$56	$59	$0	$0	$0	$0	$0	$499

Printing & Binding	$61	$68	$62	$54	$0	$72	$0	$0	$0

$0	$0	$317

Insurance- Llablllty

$565	$565	$565

$565	$0	$0	$0	$0	$0	$0	$3,388

$77

Legal Advertising	$0

$0	'$0	$0	$0

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

Other Current Charges	$74

$135	$0	$45	$0	$0	$0	$0	$0	$0	$416

Office Supplies	$265	$250

$20	$150	$20	$0	so	$0	$0

$0	$956

Dues & Llcenses	$15

$15	$15	$0	$0	$0	$0	$0	$0	$88

$283

lnfonnatlon Technology	$283	$283	$283	$283	$283

$0	$0	$0	$0	$0	$0	$1,700

$15

j0

,

Total Administrative	I	112,994	!15�32	!1�4119	!1!,971	!12 997	!1!,984	!O	$0

10	!O	10	!!81587 1

Operating Expenditures

Salaries	$11,475	$10,397	$11,213	$10,056	$11,219	$10,114	$0	$0	$0	$0	$0	$0	$64,475

$756

Administration fee	$121	$117	$121	$109	$121	$117	$0	$0	$0	$0	$0

$706

FICAExpen5'!	$852	$771	$848	$750	$840

$430

0	$0	$0	$0	$0	$0	$4,817

Health Insurance	$580

$586

$674	$

$0	$0	$0	$0	$0	$3,839

Workers Compensation	$239	$217

$209	$Z34	$211	$0	$0	$0	$0

$0	$1,343

Unemployment	$0

$0	$586

$86	$0	$0	$0	$0	$0	$0

$743

Other Contractual	�	$516	$516	$646	$176	$842	$854

$0	$0	$0	$0	$0	$3,552

Training	$0	$0

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

Unlfonns	$0	$0	$0

$0	$0	$0

$0	$0	$0	$0	$0

Total Operatlog	j	lll,783	!124!8	!13,794	$121473	!14,165	s12,e12	so	10	10	10	10	10	119141s I

Page lZ

Viera EastGeneral Fund
Month to Month

Maintenance Expenditures

October	NOYember	December

Febnaa?X	March	Aeitl	M!!I	1une	(DII	A!!J!!st	�tember	Total

Canal Maintenance	$0	so	$0

$0	$0	$0	$0	$0	$0	$0	$0	$4,764

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

Lake Bank Restoration	$0	$0
Environmental Services	$0	$3,631	$0	$80	$80	$0	$0	$0	$0	$0	$0	so	$3,791

WaterManagement System	$7,565	$1,165	$8,675	$7,765	so	$16,440	$0	so	$0	so

$48,209

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

Contlngendes	$0

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

Bastn Repair	$0	$0	$0	$0

FireLine Maintenance	$0	$0	$0	$0	$0	$858	$0	$0	$0	$0	$0
$0	$45	$0	$0	$0	$0	$0	so

S858

Tot.al Maintenance	I	$7156S
Grounds Maintenance Expenditures

.S&67S	$13.578	SRO

so	$0	$0	$0	$0	so	$58.636i

Salaries	$12,485

$12,460	$11,121	$12,413	$12,082	$0	$0	$0	$0	$0

$72,602

Administrative Pees	$286	$276	$286	$258	$286	$276	$0

$0	$0	$0	$0	Sl,667

FICA

$865	$899	S827	$900

$0	$0	$0	$0	$0

$5,245

Health Insurance	Sl,800	Sl,395	$1,867	$3,877	$2,834	$2,279	$0	$0	so	$0	$0

$14,053

Workers Compensation	$260	S251	S259	$231	S258	$251	$0	$0	$0	so	so	so	Sl,510

$359

Unemployment	S20	$20	$20	$702	$608

$0	$0	so	$0	$0

$1,730

Telephone	$366	$366	S366	$865	S366	$366	$0	so	so	so	$0	so	S2,696

Utilities

$401	$401

$466	$520	$0

$0	so	$0	$0	$2,620

Property Appraiser	$0	$0	$0	$0	$1,986	$0	$0	so	$0	$0	$0	$0	$1,986

Insurance- Property	$98

$98

$98	$0	so	$0	$0	$0

$796

$585

Repairs	$867	$1,481	$589	$231

$190	$0	$0	$0	$0	$0

$4,153

Fuel	$0	$0	$210	$403	$136	$0	$0	$0	$0	$0	$0	$0	$748

Park Maintenance

$712	$170	$172	$156	S177	so	$0	$0	$0	$0	so	$1,541

Sidewalk Repair	$0	$0

$0	$1,980	$0	$0	$0	$0	$0	$0	$0

$72
$430

Chemicals	$0	$202	S129	$51	$627	so

$0	$0	$0	$0	$0	Sl,009

Contingencies
Refuse

$0	S490	S350	S210	so	$0	so	so	$0	so	$0	Sl,122
$215	$741	$645	$215	$0	$0	$0	$0	$0	$0	SZ,891

$199

OfficeSupplies	$0	$0	$0	$0

$0	$0	$0	$0

$233

Unlfonns	$304	$182
Rain Bird Pump System	$0
Maintenance Reserve-Transfer Out	$967	$967
Total Grounds Maintenance	I	$19.419

$0	so	$182	$182	$0	$0	$0	$0	$0	$0	$1,230

$967	Sl,450	$2,298	$0	$0	$0	$0	$0	so	S6,852

$967	$967	$0	$0	$0	$0	$0	so	$5,802
£22.889	$21,510	$27,363	S2133S	so	so	$0	so	so	$0	ms,szo I

1

Total Expenditures	 I		SSl,761	!6Z1080		!S71767	f591S33	fS4160S		S§!,474	 10	so	 10	!!I	 so	 10	12s2 21e.s1 j Excess Revenue/(Expendltures)	I	lliR,81.0)      f113,690	$455,734      (!11,1s11     [!37104S)	IS�4149BI	10	 !O	io	 10	10	10		S�;l7,9Zl j

Page 13

Number of Rounds

Ottober	November	December

Viera EastGolrCourse
Month to Montb

febnaa!I

March

�	1ane	1u!z	A!!lust	5!£tember	l_otal

Paid Rounds	2,647	3,298	3,234	3,292	4,243	4,698	0	0	0	0	0	0	21,412

Member Rounds	429	694	637	948
Comp Rounds	405	541	549	688	678

$34

Revenueper Raund

786	0	0	0	0	0	0	4,191
0	0	0	0	0	0	3,580

Paid Rounds
Revenues:

$32

$31	$38	$0	$0	$0	so	so	$0	$0	$166

$647

$785

Greens Fees	$82,152	$107,108	$109,381	$102,291	$160,783	$180,353

$0	so	$0	so	$0	$742,067

($725)

Glk Cards· Sales	$188	Sl,019	$3,373

$956

$0	$0	$0	$0	$0	$0	$6,967

Gik Canis - Usage

($1,711)	($2,683)	($2,379)	($2,093)	($2,243)	$0	$0	$0	$0	so	$0	($11,835)

Season Advance/frail fees	$16,716	$18,058	$17,058	$17,424	$16,684	$17,357	$0	$0	$0	$0	$0	$0	$103,296
Associate Memberships	$2,449	$4,266	$3,239	$5,530	$3,950	$3,634	$0	$0	$0	$0	$0	$0	$23,068

$175

Driving Range	$3,816	$6,821	$6,875	$6,696	$8,578	$9,622

$0	$0	$0	$0	$0	$42,409

GolrLessons	S175

$175	$175	$175	$0	$0	$0	$0	$0	$0	$1,050

Merchandise Sales	$7,249	$8,801	$12,754	$8,305	$12,684	$15,190	$0	$0

$0	$0	$64,983

Restaurant	$737	$1,798

$2,421	$1,783	$3,539	$0	$0	$0	$0	$0	$0	$13,972

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

$11,264

Mlscellaneous Income	$834	$1,817	$699	$3,028	$3,848	$329	$0	$0	$0	$0	$0	$0	$10,555

$209,224

Total Revenues	I	$11 5,468	S15o1o3o	$156.441	$146,015
GolfCoura: l!Jcpendltures:
Other Contractual Services	$1,319	$681	$1,123	$543	$781

$230,618	$0	$0	so	$0	$0	$0	S!,007,795 I
so	$0	so	$0	so	so	$5,340

Telephone/Internet

$289	S497	$393

$374	so	$0	So	so	$0	$0	$2,394

$447

Postage

$0	S253	$0	$250	$107

so	$0	$0	$0

$1,056

$435

Printing& Binding	$0	$81

$578	$0	$0	$0	so	$0	$0	$0

$1,304

Utilities	$281	$455

$333

$412	$0	so	$0	$0	$0	$0	$2,373

RepaJrs & Maintenance	$405	$270	$546	$265	$2,079	$1,291	$0	so	$0	$0	$0	$0	$4,856
Advertising	$3,585	$1,156	$7,073	$2,770	$4,879	$4,569	$0	so	$0	$0	$0	$0	$24,032

Bank Olarges	$1,222	$2,149

$2,720	$3,173	$4,053	$0	$0	$0	$0	$0	$0	$16,070

Office SUpplles	$191	$134	$254	$0	. $134	$663	$0	so	$0	$0

$0	$1,376

Operating Supplies	$691	$195	$180

$421	S144	$0	so	$0	$0	$0

$1,703

Dues, Licenses & Subscriptions	$161	$110	$22	$976	S446	$3,237	$0	$0	$0	$0	$0	$0	$4,952

DrugTesting- All Depanments

so	$110	$68	$0	$0	$0	$0	$0	$0	$0	$356

Training. Education & Employee Relations	$142	$0	$2,804	$0	$163	$26	$0	$0	$0	$0	$0	$0	$3,135

$425

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

$0	$0	$0	$1,711

IT Services	$0	$139	$255	$290

$0	$0	$0	$0	$0	$1,109

Total GollCourse Expendlbl,..,.	I	$9,046	$61808	$171031	$9,170	$13,:!96	$16,313	$0	$0	$0	$0	so	so	$71,76S I
RestaurantEmrndftures·

Ulllllles	$804

$689	$891	$788	$801	$0	so	$0	$0	$0	$0

$4,747

$91

PestControl	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Equtpment Lease	$89	$91

$1	$91	$0

$0	$0	$0

Total RestaurantExpenditure,	I	$893	$864	$780	$892

$892	so	so	$0	$0	$0	so	ss=oo I

Page 14

O<tober

$17,326

November	Decembff	January

$15,066	SlS,446	$14,772

Viera EastGolrCourse Month to Month

FebNAry	Marcil

$17,893	$0

August	september	Total

$99,143

Administrative Fee FICA Expense Health Insurance
Workers Compensation
Unemployment

$1,233
$86
S361

Sl,239
($24)
$314
$425

$1,276
Sl,182	Sl,130

$308
$889

$1,416
$1,369	Sl,437
$373
S993	$857

$0
$0	$0	$0
$0

$0	$0	$0	$7,781
$0	$0	$0	$7,595
$0	$0	$0	$228
$0
$0	$4,219

Golf Printing Utilities

Sl,504

$0
$1,808	$1,686

$0	so	$0
$1,793	$1,900	$0

$0	$0
$0	Sl0,479

Repairs

$0	$0	$0

$0	$0

$0	$0

$0	$0

Pest Control

$0	$0	$0	$0	$0

$0	$0	$0	$0

Supplies

$191

$102

$91

$1,930	$1,320	$0	$0

$0	$4,232

Unlfonns
Training. Education & Employee Relations
Fuel

$0	$0
$0

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

$0	$0	$0
$0

$207
$0	$0
$0

Cart Lease

$3,550

$3,550	$4,913	$3,786

$3,786

$0	$0	$0	$0

$23,370

Cart Maintenance

$0	$986

$730	$0

$0	$0	$0	$0	$3,180

Drivlng Range
Total Golf Operation Expenditures
MerchandiseSales:

I	$26,823

($233)	$3,409
$25,250	$26,206	$28,429

$0	$0	$0	$0	$0	$0	$0
$30,328	$29,907	$0	$0	$0	$0

$4,439
$0	$166.942 J

Cost of Goods Sold
Tolal Merchandise Sales

Golf
Salaries Admlntstradve Fees
FICA Expense

$8,994
I 	!!!t994 
$33,113

$3,136	SIO,lZO	$1,854

$3,136

$10,120

$31,794	$30,646	$29,409
$721	$781	$704
S2,380	SZ.303	S2,167

$8,399	Sll,041	$0	$0
$1!,;041	$0

$33,417	$31,312	$0	$0
$779	$0

$649
$957

S2,462	$2,249	$0	$0

$0
$0	$0

$0

$43,543
S43,543 I

$0

$0	$0	S189,691
$0	$0	S4,463
$0	$14,039

Employee Insurance

Sl,290

$2,054

$4,471

$3,544	$3,505	$0

$0	$0

$0	$17,673

Workers Compensation Unemployment
DrugTesting

$686
$175

S660	S636 S191
$0	$0

Sl,803

$692
$1,410
$0

$0	$0

$0	$0

$0	$3,934
$0	$4,773
$0	$0

Consulting Fees

$500

$1,000	$500	$0

$0	$0

$0	S3,500

Telephone/Internet

$0	$0

$0	$0	$0	$0

$0	$0	$0

Utilities/Water

$2,008

$2,025

Sl,997

$1,865	$2,925

$0	$0

$0	S12,756

Repairs Fuel & Oll

$3,883
$4,697

$3,416	S3,741	SZ,102

$550

$2,619	$3,492

SZ,490	S5,249	$0
$4,360	$5,016	$0	$0

$0	$0	S20,881
$23,662

Pest Control

$247	$247

$257	$257	$0	$0	$0	$0

$1,805

Jn1gatinn/Dralnage
Sand and Topsoil

$549

$846

$1,914
$1,466	$1,979

Sl,199	$1,042
$1,901	$920	$0

$0	$0
$0	$0

$0	$8,731

Flower/Mulch
Fertlllzer

S5,303

$114	$0
$12,709	$11,544	Sll,081

$1,260
$10,415	$11,445

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

$1,689
$62,497

Seed/Sod
Trash Removal

$406
$271

Sl,984
$0

$1,579	$0	$0
$0

$0
$0	$0

$8,922

Contingency
First Aid

St,137
$0	$90

$2,968

$2,901	Sl,678	$0	$0	$0
$0	$0	$0	$0	$0

S9,855
$36B

Office Supplies Operating Supplies Training

$0
$815
$0

$0
$1,289	S811

$494

$360	$0	$112

$0
$2,131	$0
$110	$709	$0

$0	$771
$0	S8,738
$0	$1,291

Janitorial Supplies

$1,173

$0	$122

$0	$0	$0	$0	$0	$0	$0	$1,294

Soll & WaterTesting

$0
$771

$561	S636	$642

$0	$514	$0	$0	$0	$0	$0
$553	$0	$0	$0	$0	$0

Sl,501

Equipment Rental
Equipment Lease

$492
S12.S03

$0
$10,662	S5,966

$152

$0	$0	$0	$0
$13,453	$13,315	$0	$0	$0	$0

$64,685

Small Tools

$0	$0

$0	$0

$0	$0	$0	$0

Total Golf Course Maintenance

I	$73,922

$7U.B11	S72,28S	$79,173

$86.300	$0

$0	$0	$0

$479,06s 1

Page 15

M•;t

Admlnlstratiw�eri.dl.ruo:E

October	November	December

Viera East GolrCourse
Month to Month
Feb!:!!:!!J::	Man:h	Ae!:!1

1une	(UIJ:	A!!J!!St	September	Total

Legal Fees

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

$50
$83

Arbitrage	$SO	$SO	$SO	$50
Dissemination	S83	$83	S83	S83

$SO	so	so	$0
S83	so	so	so

$0	$0	$0	$0

$0
$0
$0

$0

$0	$0	$0	$300

Trustee Fees

$313

S313

$0	$0	$0

$0	$0	$500

$0

$0

$0

Annual Audit	$125	$125	$125	$125	$125	$125
GolfCourse Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0	$0

$0	$0	$0

$0	$1,87S

$0

$750

$4,540

$0

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

$5,307	$7,716	$0	so	$0	so

$0	so	$28,140

PropertyTaxes
Total Administrative Expendltlll'es

$1,444	$845	$S04

$10,646

$11,031	S11i!!31

so	so	$0

$0	so	S33,455
$0	$0	$4,306

Reserves:

I	$12,064

$11,072	$13�81	$0	so	$0

$0	$0	$69,3251

$0

Renewal & Replacement	$1.490	$2,309	$3,001	$3,129	$2,920	$4,184	$0	$0

$0

Operatlng Reserves	$0	$0	$0	$0	$0	$0	$0

$0	$0

$0

$0

$0	$0	$0	$0

$17,033

Total Reserves	I	Sl.490	$

$0
09	$3,001	$3,129

$0

I

2.3

S21920	u,184	so	so	$0	so	$0

$11,033 1

Total Revenues

SU S,468	s1so,030	$156�1	$146,015

$230,618	so	so	$0	$0	$0	$0	S!i0D7,795 I

$0

1

Total Expenditures	I	513:':&198	s12e,210	$14!i486	$133,293	$155 569	$162,119	$0	so	$0

so	so

$852,874 1

St21722

Operadng Income (Loss)	I	(Sl 6,731J	$21,820	SH,955
NmiOftmrlncz 1am1aLtEmendlturesl:

$53,656	S68,499	so	so	so	so	so	$0	st5419u I

Special Assessments • Debt Service	$46,S30	$46,530	$46,530	$46,530	$46,530	$46,530	so	so	so	$0	$0

$0

$0

Interest Income	$62	$64	$46

$48

so	$0	$0

$0	$279,178

[$14,873}	[$14,873)	($14,873}	(Sl4,873}	so	$0	so	$0

so	so

Transfer In

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

$0	$0	$311

Interest Expense	[$14,873}	[$14,873)
Prtncfpal Expense	($31,667}	($31,667)	[$31,667}	($31,667)	(S31,667}	($31,667}	$0	$0	so	$0

so	$0

$0

$0	($89,239)
($190,000)

$38

$0

$0

Total Non Operadng Revenues/(Expendltnres)	I

$38

$0	$0	$0	$0	$0	sz50 I

$0

NetNon Operadng Income / (Loss)	I	[$16,679]	$21,874	$14,991	$12,760	$531693	$68,532	$0

$0	$0

$0	$155,171 1

Page 16

Viera East
CommunityDevelopment District
ProShop
Statement ofRevenues & Expenditures

Revenues

October      November    December      1anua!I	Febma!I	March	&!rll	Mal:'.	June	lull:'.	Au�	September	Total

Merchandise Sales	$7,249	$8,801	$12,754	$8,30S	$12,684	$1S,190	$0	$0	$0	$0	$0	$0	$64,983

Total Revenues	I	$7,24'!	$8,801	$12,754	SB.JDS 	S12,684	$15,190	   so_	$0
Expenditures

so    __$0	$0	$64,983 !

$43,543

Cost of Goods Sold	$8,994	$3,136	$10,120	$8,399	$1 1,041	$0	$0	$0	$0	$0	$0
Total Expenditures	I  $8,994	$3,136	$10,120	$1,854	SB,399	$11,041	$0	so	$0	so	so	so	$43,543 I

Operadng Income (Loss)	I  (Sl,744)	$5,665	$2,634	$6,452	$4,285	$4,148	$0

so	$0 	$    0	s21,44-0 I

Page 17 

Viera East
Community Development District Long Term Debt Report

Interest Rate: Maturity Date:

Series 2006 Water Management Refunding Bonds

5.750%
5/1/2022

Reserve Fund Definition: Reserve Fund Requirement:	10% Max Annual Dept
$239,334	
Reserve Fund Balance (1):	$239,334	
Bonds outstanding - 9/30/2016	$11,855,000	
Less: May 1, 2017 Principal	($1,710,000)	
Current Bonds Outstandinl!	$10 145 000	
This value is covered by the Debt Service Reserve Fund Surety Bond and is not a cash balance on the District'sbalance sheet.
Series 2012 Special Assessment Revenue Bonds

Interest Rate: Maturity Date:

2.5% to 5%
5/1/2026

Reserve Fund Definition: Reserve Fund Requirement:	50% Max Annual Dept
$279,239	
Reserve Fund Balance:	$281,447	
Bonds outstanding - 9/30/2016	$4,445,000	
Less: May 1, 2017 Principal	($365,000)	
Current Bonds Outstandine:	$4 080 000	

Page 18 

Viera East
Community Development District
Special Assessment Receipts - FY2018

:·s	

Date	I	Net		I	Gen Fund		I	Debt Svc 2006	I	Rec Fund		I	Total 10/20/17	i $		1,231 j $		261 i $		783 i $		188 ! $		1,2�.�..

11/27/17	i $	745,889 i $	.......158,122. l ...;$

9,314 l $	61,124.
474,112 l $	113,654	745,889.

241,220 i $

1110118	i s	204,534 rs	43,359 1 s	130.,009 : s	31,166 rs·	204,534

12/12/17	j $	2,020,651 j $	428,361 j $	1,284,395 i    $	307,895 i $	2,020,651

12/19/17	i $	379,495 i $
1/30/18	i $	1,515 i $	321 i $

57,825 i $	379,495
963 i $	231 i $	1,515

2/7/2018 (1..)     i $	60,70 0 i $	12,868 ! $	38,583 i $	9,249 ! $	60,700.

1----·· ·

-

· ···

···········3··/··6···/··1··8···........ii·$·········....-.2...4..,.9..3..5....ii.-$------5',-2-86�i $--····..·······1·.5.·,·84·····9···ri ·$..-...-

3,799 i..$.................2..4..,.9...3..5...

· ··· i ··· ·

···························· : ···-·····-··

------------;--

------•

·>--------+-------i------- +--·•·······················
·································-··············•--...;..-·-······-······-······-······-··t-·-······-----......--------s---...................

$	3,500,073 $

-•-•u••·--····----------------- l ...............______________i...............____________.________ J____..________________ -----------------; ------------------------······.......i--------------------------------

Net Assessed

741,987 $

Percentage	J

2,224,765 $
Assessments Collected

533,320 $
Assessments Transferred

3,500,073
Balance to Transfer

Assessments Outstanding

Debt service Fund! $	2,423,170 !	63 56%! $	2,224,765 !$	(2,224,765) !$	-	$

198,405

!	 .;..................

;················:�:!:���:.1·; ········:·..·......��:.... ;

�:;r�::i=���nd

.......���:!��..

�!:�:

.J. 	····

�:!:���

···

66,170

47,562

fL	......................

$	3,812,209	100.00% $	3,500,073 $	(3,500,073) $	$

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

Page 19

312,136

Viera East Community Development District
Golf Course/Recreation Fund- Operations Prior Month/Year Comparison
Actuals	Actuals	Year to Date	Year to Date
3/31/1 7	3/31/18	Variance	3/31 /17	3/31/1 8	Variance
Revenues:

785

Greens Fees	$	1 59,445	$	1 80,353	$	20,907	$  71 0,712	$   742,067	$	31 ,355

(47)

Gift Cards - Sales	$	716	$	$	69	$	6,458	$	6,967	$	509
Gift Cards - Usage	$	(2, 1 97)	$	(2,243)	$	$	(1 4,762)	$	(1 1 ,835)	$	2,927
Season Advance/Trail Fees	$	1 9,171	$	1 7,357	$	(1 ,81 4)	$	11 4,1 15	$	1 03,296	$	(1 0,81 9)
Associate Memberships	$	2,923	$	3,634	$	71 1	$	1 9,1 97	$	23,068	$	3,871
Driving Range	$	8,035	$	9,622	$	1 ,5-87	$	38,377	$	42,409	$	4,032
Golf Lessons	$	1 75	$	1 75	$	$	1 ,095	$	1 ,050	$	(45)
Merchandise Sales	$	1 7,203	$	1 5,1 90	$	(2,01 3)	$	68,944	$	64,983	$	(3,961 )
Restaurant	$	643	$	3,539	$	2,8-96	$	6,790	$	1 3,972	$	7,1 82
Special Assessments - Operations	$	1 ,877	$	1 ,877	$	$	1 1 ,264	$	1 1 ,264	$
Miscellaneous Income	 $	886	$	329	 $	{557)	$	2.201	 $	1 0.555	 $	81348 
Total Revenues	$	208,878	$	230.61 8	$	21 -740	$	964.397	s1 1001-795	$ 	43.399
Expenditures:
Golf Course Expenditures	$	1 5,196	$	1 3,396	$	1 ,800	$	75,865	$	71 ,765	$	4,1 00
Restaurant	$	905	$	879	$	27	$	5,565	$	5,200	$	365
Golf Operations	$	26,51 3	$	30,328	$	(3,81 5)	$	1 48,507	$	1 66,942	$	(1 8,435)
Merchandise Sales	$	1 6,066	$	8,399	$	7,667	$	50,509	$	43,543	$	6,966
Golf Course Maintenance	$	86,317	$	88,574	$	(2,257)	$	448, 652	$	479,065	$	(30,41 3)
Administrative	$	1 0,1 23	$	11 ,072	$	(949)	$	66,824	$	69,325	$	(2,501) 
Reserves	$	3.594	 $	2.920	$	673	 $	1 7,307        $	1 7,033	$	274
Total Expenditures	$	1 58,714	$	1 551569	$	3.1 45	$	81 3,229	$	852.874	$	{39,644}
Operating lncome/(Loss)	$	so11 64	$	75.049	$	24,886	$	15 1,1 67	$	1 54.921	$	3.754

Viera East  Cash  Flow Analysis  FY 2018 

 	

I. Cash Flows:

Starting E1mds	Actuals
      October	November	December	Januar       y	Februar          y	March		
April	
May	
June	Projections
July	
August	
September			
Totals	
											
Carry FDnNard	! $  65,313 ! $ 48,582 I$	70,402 ! $	85,357 I$	9a,000 1 $      151 .135 I   I $  220,234 I $	254,418 ! $  256,518 I $	247,275I $	21 3,526 ! $	191 ,855 I
Revenues
Golf Course	$   11 5,468    $    150,030    $    156,441   $	209,224   $     230,618	183,227	150,799	139,520   $	114,846	127,007   $	90,879    $    1,814,073
Course Operabons   $    114,731    $    148,232    $   152,746   $	207,442   $     227,079	182, 198	149,954	138,739   $       114,205	126,297   $	90, 374   $     1, 795, 590	
Restaurant   $ 	1, 798    $	3,695   $	1, 783    $	3,539		 	1, 029		845	781	$	641	710	$	18,483	
								
		403 461	405 217	396 037	$	36 121	340 532	$	28 733 $ 1,814 073	

Expenses													

TotalAll Cash! $ 180,781 I$ 198.612 I $ 226,843 I$

231,372 !$

307,304 I$	

Golf Course	$

132,198 $ 128,210 $

141,486 $

133,293 $

155,569 $

162,119	 $    149,043   $	148,700 $ 148,762

148,596 $

148,678 $

147,634 $

1,744,287

Caurn9 Operations   $    131,305    $    127,346    $     140,700    $     132,400    $    154,690  $     161,227	s  147,819   $	147,694 $ 147,833

147, 833 $

147,833 $

147,033 $ 1,733, 719

Restaurant  $	893    $	864   $	780    $	892   $	879   $	892	$

1,225 $

1,006 $

929

763 $

$	10,568

Cash Less &pensesl $

48,582 l $

70,402 ! $

85,357 I$

98.oao Is 

151,735 l$

220,234\ Is 

254,418 l $

256,518 ! $

247,275 Is 

213,526 l $

191,855 l$

135,099 l

Projected Revenues FY2018 Projected Expenses FY2018 Projected Surplus(Deficlt) FY 2018

$   1,814,073

$

1 744 287
69 786

Viera East                 Community Development District Detailed Rounds of Golf Report
Mar-18

PY · PREVIOUSYEAR

Rounds of Golf	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	724	12%	2,750	10%	517	2,248,	207 	502
Rounds of Golf- CDO Resident	1,096	18%	5,367	19%	1,060	5,512	36	-145
Rounds of Golf• Public	2,498	40%	9,909	35%	1,287	6,241	1,211	3,668
Rounds of Golf - Golf Now / E2 Links	347	6%	2,373	8%	1,091	4,574;	-744	·2,201
RoundsofGoff. Tournaments	52	1%	6�2	2%	270	1,1871	·218
Rounds of Goff. Misc	0%	0%	119	686	-119	-68E
Rain Check Issued	0%	267	-1%	-51	-407	32	140

Total Paid Rounds	4,698	20,744

20,041	405	703

Member Rounds Rounds of Golf - Members

n3	12%

14%	845	4,971	-72	-1,075

Total Member Rounds	m	3,896	845	4,971	-72	-1,075

Com Rounds

198	3%	817	3%	165	894

-77

Rounds ofGolf- Staff/Comp
Rounds of Golf- GolfNow EZ Links - Trade Rounds of Golf- Other Comp

316	5%	1,677	6%	362	1,909	-46	·232

33

218	4%	981	3%	188	1,0201	30	-39

Total Comp Rounds	732	3,475	715	3,823	17	-348
TOTAL ROUNDS OF GOLF	6,203	100'6	28,115	100%	5,853	28,835	350	-720

I
Revenues	PY	PY	Vs. PY	Vs. PY
Monthly	Yearto Oate	Monthly	Year to Date	Monthly	Year to Date

$21,031
$34,819
$51,178
$42,403
$8,092	$83,139
$171,550
$232,771
$170,900
$40,281	$8,716
$107
$47,417
{$27,016)
($6,050)	$24,160 ($4,326)
$122,488
{$76,195)
($17,392)	
$4,222

$160,754	$23,458 ($7,109)
$714,990	($4,222)
$425
$19,377	($23,458)
$248
$25,525	

Greens fee Revenue
Rounds of Golf- Associate Member	$29,747	17%	$107,299	14%
Rounds of Golf- COD Resident	$34,926	19%	$167,224	23%
Rounds of Golf - Public	$98,595	55%	$355,259	48%
Rounds of Golf - Golf Now / EZ Links	$15,387	$94,705	13%
Rounds of Golf- Tournaments	$2,042	1%	$22,889	3%
Rounds ofGolf- Misc	$0	0%	$0	0%
Rain Check Issued		($566)		0%		($6,861)		-1% TOTAL GREENS FEE REVENUE	$180,131	100%	$740,515	100%
I
Average�l!!r Round of Golf				PY		PY		Vs. PY		Vs. PY Monthly	Year to Date	Monthly	Yearta Date	Monthly	Year to Date

Averaaeil!!!r round of Golf Rounds of Golf- Associate Member

$41.09	$39.02	$40.68	$36.98	$0.41	$2.03

$39.77

$31.87	$31.16	$32.85	$31.12	($0.98)	$0.03

Rounds of Golf- COD Resident
Rounds of Golf - Public

$39.47	$35.85

$37.30	($0.30)	($1.44)

Rounds of Golf - Golf Now/ EZ Links Rounds of Golf• Tournaments

$39.27
$0.00

$39.91	$38.87	$37.36	$5.48	$2.55

$37.40

$3.47

$29.97	$33.94	$9.30

Rounds of Golf- Misc

$0.00	$35.48	$34.20

($34.20)

Rain Check Issued	$29.79	$25.70	$19.43	$17.47	$10.36	$8.23

TOTAL • Average $ per round of Golf

$35.70

$37.45

$0.90	$0.02
PY	PY	Vs. PY	Vs. PY

Monthly	Year to Date	Monthly Year ta Date Monthly Year ta Date Membership Revenue	$17,357		$103,294		$19,171            $114,115	($1,814) ($10,821) Average $ per round of Golf		$22.45			$26.51			$22.69      $22.96		($0.23) $3.56