Viera East
Community Development District

Unaudited Financial Reporting
May 31, 2019

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 

 	Month by Month- Proshop 

 	Long Term Debt Report 

 	FY2019 Tax Receipt Schedule 

	Viera East
Community Development District
Combined Balance Sheet		
	May 31, 2019		
	Governmental Fund Types		
	
General	Capital Reserve	Debt Service	 Golf Course/Recreation 	Totals
   (memorandum only) 	
Assets				
Operating Account	$725,765	$6,762	----	$317,741	$1,050,268	
Accounts Receivable	----	----	----	($275)	($275)	
Rent Receivable	----	----	----	$1,399	$1,399	
Due From Golf Course	$38,791	----	----	----	$38,791	
Due From General Fund	----	----	$171,117	$57,066	$228,183	
Due From Capital Reserve	----	----	----	$12,388	$12,388	
Due from Debt Service	$6,134	----	----	$22,922	$29,056	
Due from Other	----	----	----	$2,678	$2,678	
Inventory - Pro Shop	----	----	----	$103,922	$103,922	
Investments:				
State Board	----	$268,366	----	----	$268,366	
Benefit Assessment- Series 2012	----	----	----	$3,466	$3,466	
Reserve - Series 2012	----	----	----	$280,266	$280,266	
Bond Service 2006	----	----	$324,441	----	$324,441	
Bond Service 2012		$216	$216	
Improvements (Net of Depreciation)	----	----	----	$1,253,559	$1,253,559	
Prepaid Expenses- Debt		$131,667	$131,667	
Prepaid Expenses- Operations	$6,788	----	----	$80,734	$87,522	
Total Assets	$777,478	$275,128	$495,558	$2,267,748	$3,815,912	
Liabilities				
Accounts Payable	$7,952	----	----	$14,189	$22,140	
Accrued Expenses	$4,349	----	----	$1,167	$5,516	
Deferred Revenue- Season Advance	----	----	----	$75,925	$75,925	
Deferred Revenue- Special Assessments O&M	----	----	----	$7,509	$7,509	
Deferred Revenue- Special Assessments Debt	----	----	----	$203,791	$203,791	
Deposit-Divots Grill	----	----	----	$2,000	$2,000	
Due to General Fund	----	----	$6,134	$38,791	$44,925	
Accrued Interest Payable	----	----	----	$9,716	$9,716	
Accrued Principal Payable	----	----	----	----	$0	
Sales Tax Payable	----	----	----	$10,556	$10,556	
Event Deposits	----	----	----	($10,064)	($10,064)	
Due to Golf Course	$57,066	$12,388	$22,922	----	$92,376	
Due to Debt Service	$171,117	----	----	----	$171,117	
Accrued Payroll Payable	$2,496	----	----	$6,402	$8,898	
Bonds Payable - Series 2012	----	----	----	$4,080,000	$4,080,000	
Bond Discount	----	----	----	($20,623)	($20,623)	
Deferred Loss	----	----	----	($215,141)	($215,141)	
Fund Equity				
Net Assets	----	----	----	($1,936,470)	($1,936,470)	
Fund Balances				
Assigned - First Quarter	$176,000	----	----	----	$176,000	
Nonspendable - Prepaid Expens	$6,788	----	----	----	$6,788	
Unassigned	$351,711	----	----	----	$351,711	
Assigned- Capital Reserve Fund	----	$262,740	----	----	$262,740	
Restricted for Debt Service	----	----	$466,501	----	$466,501	
Total Liabilities, Fund Equity, Other	$777,478	$275,128	$495,558	$2,267,748	$3,815,912	

Page 1

Revenues		
Maintenance Assessments	$808,157	$795,129	$795,129	$0	
Golf Course Administrative Services	$56,280	$37,520	$37,520	$0	
Interest Income	$100	$67	$10	($57)	
Total Revenues	$864,536	$832,715	$832,659	($57)	

Administrative Expenditures					
Supervisors Fees	$30,195	$20,130	$19,077	$1,053	
Engineering Fees	$5,000	$3,333	$588	$2,746	
Attorney's Fees	$5,000	$3,333	$0	$3,333	
Dissemination	$1,000	$667	$667	$0	
Trustee Fees	$5,600	$3,733	$3,962	($229)	
Annual Audit	$6,500	$4,333	$4,333	($0)	
Collection Agent	$2,500	$1,667	$1,667	($0)	
Management Fees	$100,440	$66,960	$66,960	$0	
Postage	$1,500	$1,000	$477	$523	
Printing & Binding	$2,500	$1,667	$458	$1,209	
Insurance- Liability	$7,293	$4,862	$4,187	$675	
Legal Advertising	$2,500	$1,667	$196	$1,471	
Other Current Charges	$1,500	$1,000	$767	$233	
Office Supplies	$3,000	$2,000	$152	$1,848	
Dues & Licenses	$175	$117	$116	$0	
Information Technology	$3,400	$2,267	$2,267	$0	
Total Administrative	$178,103	$118,736	$105,873	$12,863	

Page 2

Operating Expenditures		
Salaries	$136,662	$91,108	$92,063	($955)	
Administrative Fee	$1,463	$975	$1,015	($39)	
FICA Expense	$10,455	$6,970	$6,899	$71	
Employee Insurance	$8,893	$5,929	$5,544	$385	
Workers Compensation	$2,679	$1,786	$2,872	($1,086)	
Unemployment	$853	$569	$954	($385)	
Other Contractual	$5,000	$3,333	$5,006	($1,673)	
Training	$500	$333	$0	$333	
Uniforms	$500	$333	$0	$333	
Total Operating	$167,005	$111,337	$114,353	($3,016)	

Maintenance Expenditures					
Canal Maintenance	$14,000	$9,333	$2,936	$6,398	
Lake Bank Restoration	$60,000	$40,000	$0	$40,000	
Environmental Services	$20,000	$13,333	$11,990	$1,343	
Water Management System	$99,000	$66,000	$62,875	$3,125	
Control Burns	$15,000	$10,000	$0	$10,000	
Contingencies	$9,000	$6,000	$894	$5,106	
Fire Line Maintenance	$5,000	$3,333	$1,502	$1,831	
Basin Repair	$4,000	$2,667	$455	$2,212	
Total Maintenance	$226,000	$150,667	$80,652	$70,015	

Page 3

Grounds Maintenance Expenditures		
Salaries	$147,875	$98,583	$87,558	$11,025	
Administrative Fees	$3,454	$2,303	$2,246	$57	
FICA	$11,312	$7,541	$6,090	$1,451	
Health Insurance	$30,559	$20,373	$8,073	$12,300	
Workers Compensation	$2,898	$1,932	$2,195	($263)	
Unemployment	$2,120	$1,413	$1,749	($336)	
Telephone	$4,500	$3,000	$3,227	($227)	
Utilities	$7,700	$5,133	$3,083	$2,050	
Property Appraiser	$1,990	$1,327	$1,986	($659)	
Insurance	$1,447	$965	$1,079	($114)	
Repairs	$12,000	$8,000	$19,707	($11,707)	
Fuel	$7,500	$5,000	$10,841	($5,841)	
Park Maintenance	$3,000	$2,000	$1,815	$185	
Sidewalk Maintenance	$5,000	$3,333	$0	$3,333	
Chemicals	$5,000	$3,333	$1,020	$2,313	
Contingencies	$5,000	$3,333	$5,384	($2,051)	
Refuse	$8,000	$5,333	$4,080	$1,253	
Office Supplies	$750	$500	$206	$294	
Uniforms	$3,000	$2,000	$1,812	$188	
Fire Alarm System	$4,000	$2,667	$2,116	$551	
Rain Bird Pump System	$18,500	$12,333	$18,847	($6,514)	
Maintenance Reserve - Transfer Out	$7,823	$5,215	$5,215	$0	
Maintenance Reserve - Transfer Out (Excess)	$0	$0	$94,484	($94,484)	
Total Grounds Maintenance	$293,428	$195,618	$282,813	($87,194)	
					
Total Expenditures	$864,536	$576,357	$583,690	($7,332)	
					
Excess Revenue/(Expenditures)	$0		$248,969		
					
Beginning Fund Balance	$0		$285,530		
					
Ending Fund Balance	$0		$534,499		

Page 4

Capital Reserve Fund Statement of Revenues & Expenditures
For Period Ending May 31, 2019

Variance

Actual
5/31/19

Prorated Budget
5/31/19

Adopted
Budget

Revenues

Interest Income	$250	$167	$4,290	$4,124	
Reserve Funding - Transfer In (General)	$7,823	$5,215	$5,215	$0	
Reserve Funding - Transfer In (Golf)	$20,468	$13,646	$26,861	$13,215	
Reserve Funding - Transfer In (General Excess)	$0	$0	$94,484	$94,484	
Total Revenues	$28,541	$19,027	$130,850	$111,823	

Expenditures					
Capital Outlay	$100,000	$22,087	$22,087	$0	
Truck Maintenance	$25,000	$0	$0	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$22,087	$22,087	$0	

Excess Revenues/(Expenditures)	($96,459)	$108,763	
			
Beginning Fund Balance	$283,792	$153,977	
			
Ending Fund Balance	$187,332	$262,740	

Page 5

Viera East Community Development District
Capital Reserve Fund Capital Outlay Check Register Detail
For Period Ending May 31, 2019

Check Date	Vendor	Detail	Amount

Capital Outlay
FY2019

2/12/19 Barnett Fronczak Barlow	Initial Architect Payment	$	1,000.00	
3/7/19 Gray's Ornamentals Inc	Landscaping	$	1,460.00	
4/11/19 Landscape Depot of Brevard Inc	Landscaping	$	3,949.75	
4/18/19 Aqua Turf International	Irrigation GC & Entry	$	5,000.00	
4/30/19 Golf Specialties, INC	Golf Supplies	$	2,222.88	
5/2/19 Regions	Wire Fee	$	36.00	
5/8/19 St. Johns Turf Care	Turf brush with controller	$	5,549.99	
5/16/19 Golf Specialties, INC	Golf Supplies	$	2,853.39	
5/30/19 Regions	Wire Fee	$	15.00	

Total	 $	22,087.01 

Page 6

Viera East
Community Development District
Debt Service Fund Statement of Revenues & Expenditures
For Period Ending May 31, 2019

	Adopted
Budget	Prorated Budget
5/31/19	Actual
5/31/19	
Variance	
Revenues					
Special Assessments	$2,423,170	$2,384,101	$2,384,101	$0	
Interest Income	$100	$67	$2,605	$2,538	
Total Revenues	$2,423,270	$2,384,168	$2,386,706	$2,538	

Expenditures					
Series 2006 Interest-11/1	
$239,631	
$239,631	
$239,631	
$0	
Interest-5/1	$239,631	$239,631	$239,631	($0)	
Principal-5/1	$1,910,000	$1,910,000	$1,910,000	$0	
Other Debt Service Costs	$46,873	$0	$0	$0	
Total Expenditures	$2,436,135	$2,389,262	$2,389,263	($0)	

($12,865)

($2,557)

Excess Revenues/(Expenditures)

$466,966	$469,058

Beginning Fund Balance

$454,101	$466,501

Ending Fund Balance

Page 7

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	Year-to-Date
Budget	
Variance	

Number of Rounds
Paid Rounds	
37,250	
3,747	
3,148	
599	
30,275	
27,427	
2,848	
Member Rounds	10,000	598	845	(247)	5,451	7,363	(1,912)	
Comp Rounds	6,000	501	507	(6)	4,414	4,418	(4)	
Total Memberships	60	1	-	1	66	60	6	
Revenue per Round								
Paid Rounds	$35	$26	$29	($3)	$34	$36	($3)	
Revenues								
Greens Fees/Cart Fees	$1,308,290	$98,053	$91,580	$6,472	$1,014,609	$995,609	$19,000	
Gift Cards - Sales	$25,000	$919	$1,750	($831)	$9,561	$19,025	($9,464)	
Gift Cards - Usage	($25,000)	($543)	($1,750)	$1,207	($12,045)	($19,025)	$6,980	
Season Advance/Trail Fees	$210,000	$14,908	$14,700	$208	$146,841	$159,810	($12,969)	
Associate Memberships	$42,000	$1,817	$2,940	($1,123)	$29,783	$31,962	($2,179)	
Driving Range	$80,000	$5,482	$5,600	($118)	$50,724	$60,880	($10,156)	
Golf Lessons	$2,100	$175	$147	$28	$1,400	$1,598	($198)	
Merchandise Sales	$115,000	$14,151	$8,050	$6,101	$96,687	$87,515	$9,172	
Restaurant	$20,000	$1,414	$1,400	$14	$18,534	$15,220	$3,314	
Special Assessments - Operations	$22,527	$1,877	$1,876	$1	$15,018	$15,012	$6	
Miscellaneous Income	$15,000	$1,598	$1,250	$348	$20,763	$9,996	$10,767	
Total Revenues	$1,814,917	$139,850	$127,543	$12,306	$1,391,876	$1,377,602	$14,275	

Golf Course Expenditures								
Other Contractual Services	$15,000	$1,442	$1,250	($192)	$7,226	$9,996	$2,770	
Telephone/Internet	$5,500	$729	$458	($270)	$3,577	$3,665	$88	
Postage	$450	$345	$37	($307)	$1,457	$300	($1,157)	
Printing & Binding	$1,000	$0	$83	$83	$691	$666	($25)	
Utilities	$5,000	$486	$417	($70)	$3,868	$3,332	($536)	
Repairs & Maintenance	$7,000	$818	$583	($234)	$4,819	$4,665	($154)	
Advertising	$45,000	$2,622	$3,749	$1,126	$28,344	$29,988	$1,645	
Bank Charges	$30,500	$4,071	$2,541	($1,530)	$26,536	$20,325	($6,211)	
Office Supplies	$1,500	$245	$125	($120)	$4,356	$1,000	($3,357)	
Operating Supplies	$8,500	$251	$708	$457	$3,422	$5,664	$2,242	
Dues, Licenses & Subscriptions	$2,500	$350	$208	($142)	$6,624	$1,666	($4,958)	
Drug Testing - All Departments	$200	$142	$17	($125)	$328	$133	($195)	
Training, Education & Employee Relations	$2,500	$783	$208	($575)	$2,365	$1,666	($699)	
Contractual Security	$5,000	$74	$417	$343	$917	$3,332	$2,415	
IT Services	$3,000	$287	$250	($37)	$3,222	$1,999	($1,223)	
Total Golf Course Expenditures	$132,650	$12,643	$11,050	($1,593)	$97,753	$88,398	($9,355)	

Page 8

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	Year-to-Date
Budget	
Variance	

Restaurant Expenditures
Utilities	
$9,680	
$1,000	
$818	
($182)	
$6,859	
$7,127	
$268	
Pest Control	$1,800	$95	$152	$57	$746	$1,325	$579	
Equipment Lease	$1,100	$0	$93	$93	$656	$810	$154	
Total Restaurant Expenditures	$12,580	$1,095	$1,063	($32)	$8,261	$9,263	$1,001	

Golf Operation Expenditures								
Salaries	$233,200	$18,226	$19,433	$1,206	$142,560	$155,461	$12,901	
Administrative Fee	$16,543	$1,557	$1,379	($178)	$11,654	$11,028	($625)	
FICA Expense	$18,280	$1,387	$1,523	$136	$11,400	$12,186	$786	
Health Insurance	$506	$203	$42	($161)	$484	$337	($147)	
Workers Compensation	$4,684	$286	$390	$105	$3,873	$3,123	($751)	
Unemployment	$10,726	$848	$894	$46	$6,186	$7,150	$964	
Golf Printing	$500	$0	$42	$42	$0	$333	$333	
Utilities	$20,500	$2,165	$1,708	($457)	$15,182	$13,667	($1,515)	
Repairs	$250	$0	$21	$21	$525	$167	($358)	
Pest Control	$1,800	$95	$150	$55	$813	$1,200	$387	
Supplies	$3,000	$1,122	$250	($872)	$10,655	$2,000	($8,655)	
Uniforms	$1,500	$0	$125	$125	$481	$1,000	$519	
Training, Education & Employee Relations	$2,000	$0	$167	$167	$26	$1,333	$1,308	
Fuel	$500	$0	$42	$42	$0	$333	$333	
Cart Lease	$46,500	$3,632	$3,875	$243	$30,606	$31,000	$394	
Cart Maintenance	$4,000	$474	$333	($140)	$2,003	$2,667	$664	
Driving Range	$10,000	$0	$833	$833	$17	$6,667	$6,649	
Total Golf Operation Expenditures	$374,489	$29,995	$31,206	$1,212	$236,464	$249,652	$13,188	

Merchandise Sales								
Cost of Goods Sold	$77,000	$10,164	$6,417	($3,747)	$64,984	$51,333	($13,650)	
Total Merchandise Sales	$77,000	$10,164	$6,417	($3,747)	$64,984	$51,333	($13,650)	

Page 9

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	Year-to-Date
Budget	
Variance	

Golf Course Maintenance
Salaries	
$400,000	
$37,175	
$33,333	
($3,841)	
$285,509	
$266,667	
($18,842)	
Administrative Fees	$12,000	$898	$1,000	$102	$7,235	$8,000	$765	
FICA Expense	$30,600	$2,762	$2,550	($212)	$20,168	$20,400	$232	
Employee Insurance	$52,157	$3,218	$4,346	$1,128	$35,151	$34,771	($380)	
Workers Compensation	$7,840	$1,012	$653	($358)	$7,590	$5,227	($2,364)	
Unemployment	$7,000	$370	$583	$213	$6,046	$4,667	($1,379)	
Drug Testing	$420	$0	$35	$35	$0	$280	$280	
Consulting Fees	$6,000	$500	$500	$0	$4,000	$4,000	$0	
Fire Alarm System	$4,000	$86	$333	$247	$742	$2,667	$1,925	
Telephone/Internet	$2,500	$0	$208	$208	$0	$1,667	$1,667	
Utilities/Water	$26,200	$3,929	$2,183	($1,745)	$17,406	$17,467	$61	
Repairs	$42,000	$3,920	$3,500	($420)	$32,820	$28,000	($4,820)	
Fuel & Oil	$45,000	$5,025	$3,750	($1,275)	$24,133	$30,000	$5,867	
Pest Control	$1,500	$77	$125	$48	$597	$1,000	$403	
Irrigation/Drainage	$34,000	$2,471	$2,833	$362	$20,628	$22,667	$2,039	
Sand and Topsoil	$17,500	$3,971	$1,458	($2,512)	$17,443	$11,667	($5,776)	
Flower/Mulch	$7,000	$0	$583	$583	$4,374	$4,667	$293	
Fertilizer	$130,000	$18,608	$10,833	($7,774)	$84,647	$86,667	$2,020	
Seed/Sod	$14,000	$0	$1,167	$1,167	$11,050	$9,333	($1,717)	
Trash Removal	$2,000	$138	$167	$28	$1,017	$1,333	$316	
Contingency	$6,000	$0	$500	$500	$4,522	$4,000	($522)	
First Aid	$600	$22	$50	$28	$459	$400	($59)	
Office Supplies	$500	$0	$42	$42	$854	$333	($521)	
Operating Supplies	$18,000	$527	$1,500	$973	$4,537	$12,000	$7,463	
Training	$500	$0	$42	$42	$1,251	$333	($917)	
Janitorial Supplies	$1,500	$0	$125	$125	$84	$1,000	$916	
Soil & Water Testing	$1,000	$0	$83	$83	$0	$667	$667	
Uniforms	$10,500	$815	$875	$60	$5,409	$7,000	$1,591	
Equipment Rental	$2,500	$0	$208	$208	$414	$1,667	$1,252	
Equipment Lease	$160,000	$12,547	$13,333	$786	$108,696	$106,667	($2,029)	
Small Tools	$500	$0	$42	$42	$0	$333	$333	
Total Golf Course Maintenance	$1,043,317	$98,071	$86,943	($11,128)	$706,780	$695,545	($11,235)	

Page 10

Adopted
Budget	
Actuals	Current Month
Budget	
Variance	
Actuals	Year-to-Date
Budget	
Variance	

Administrative Expenditures
Legal Fees	
$1,500	
$0	
$125	
$125	
$0	
$1,000	
$1,000	
Arbitrage	$600	$50	$50	$0	$400	$400	$0	
Dissemination	$1,000	$83	$83	$0	$667	$667	$0	
Trustee Fees	$3,750	$0	$313	$313	$2,284	$2,500	$216	
Annual Audit	$1,500	$125	$125	$0	$1,000	$1,000	$0	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	$37,520	$37,520	$0	
Insurance	$75,000	$5,390	$6,250	$860	$43,188	$50,000	$6,812	
Property Taxes	$7,500	$1,185	$625	($560)	$8,313	$5,000	($3,313)	
Total Administrative Expenditures	$147,130	$11,523	$12,261	$738	$93,372	$98,087	$4,714	

Renewal & Replacement	
$20,468	
$3,798	
$1,706	
($2,092)	
$26,861	
$13,646	
($13,215)	
Operating Reserves	$0	$0	$0	$0	$0	$0	$0	
Total Reserves	$20,468	$3,798	$1,706	($2,092)	$26,861	$13,646	($13,215)	
								
Total Revenues	$1,814,917	$139,850	$127,543	$12,306	$1,391,876	$1,377,602	$14,275	
								
Total Expenditures	$1,807,635	$167,288	$150,646	($16,642)	$1,234,475	$1,205,923	-$28,552	
								
Operating Income (Loss)	$7,283	($27,438)	($23,102)	($4,336)	$157,402	$171,679	($14,278)	
Non Operating Revenues/(Expenditures)								
Special Assessments	$558,355	$39,894	$46,530	($6,636)	$358,965	$372,237	($13,272)	
Interest Income	$1,000	$181	$83	$97	$933	$667	$266	
Transfer In	$0	$0	$0	$0	$0	$0	$0	
Interest Expense	($171,638)	($14,303)	($14,303)	($0)	($114,425)	($114,425)	($0)	
Principal Expense	($395,000)	($32,917)	($32,917)	($0)	($263,333)	($263,333)	($0)	
Total Non Operating  Revenues/(Expenditures)	($7,283)	($7,146)	($607)	($6,539)	($17,861)	($4,855)	($13,006)	
								
Change in Net Assets	$0	($34,584)	($23,709)	($10,875)	$139,541	$166,824	($27,283)	
								
Beginning Net Assets	$0	----	----	----	($2,076,011)	----	----	
								
Ending Net Assets	$0	----	----	----	($1,936,470)	----	----	

Page 11

	October	November	December	January	February	March	April	May	June		July		August		September	Total	
Revenues																	
Maintenance Assessments	$0	$234,901	$458,724	$24,824	$14,266	$5,344	$30,006	$27,063		$0		$0		$0	$0	$795,129	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690		$0		$0		$0	$0	$37,520	
Interest Income	$0	$0	$0	$10	$0	$0	$0	$0		$0		$0		$0	$0	$10	
Total Revenues	$4,690	$239,591	$463,414	$29,523	$18,956	$10,034	$34,696	$31,753		$0		$0		$0	$0	$832,659	

Administrative Expenditures																	
Supervisors Fees	$2,297	$2,635	$2,066	$1,372	$2,534	$2,534	$1,837	$3,801		$0		$0		$0	$0	$19,077	
Engineering Fees	$0	$0	$0	$588	$0	$0	$0	$0		$0		$0		$0	$0	$588	
Attorney's Fees	$0	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	
Dissemination	$83	$83	$83	$83	$83	$83	$83	$83		$0		$0		$0	$0	$667	
Trustee Fees	$467	$467	$467	$467	$467	$543	$543	$543		$0		$0		$0	$0	$3,962	
Annual Audit	$542	$542	$542	$542	$542	$542	$542	$542		$0		$0		$0	$0	$4,333	
Collection Agent	$208	$208	$208	$208	$208	$208	$208	$208		$0		$0		$0	$0	$1,667	
Management Fees	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370		$0		$0		$0	$0	$66,960	
Postage	$104	$119	$43	$24	$34	$43	$31	$78		$0		$0		$0	$0	$477	
Printing & Binding	$65	$36	$73	$54	$94	$41	$47	$48		$0		$0		$0	$0	$458	
Insurance- Liability	$523	$523	$523	$523	$523	$523	$523	$523		$0		$0		$0	$0	$4,187	
Legal Advertising	$0	$196	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$196	
Other Current Charges	$82	$56	$89	$22	$30	$46	$40	$402		$0		$0		$0	$0	$767	
Office Supplies	$20	$20	$0	$46	$20	$0	$20	$25		$0		$0		$0	$0	$152	
Dues & Licenses	$15	$15	$15	$15	$15	$15	$15	$15		$0		$0		$0	$0	$116	
Information Technology	$283	$283	$283	$283	$283	$283	$283	$283		$0		$0		$0	$0	$2,267	
Total Administrative	$13,061	$13,553	$12,762	$12,597	$13,204	$13,232	$12,543	$14,921		$0		$0		$0	$0	$105,873	

Operating Expenditures																	
Salaries	$11,601	$10,600	$12,851	$11,720	$10,603	$11,730	$11,348	$11,610		$0		$0		$0	$0	$92,063	
Administration Fee	$125	$117	$142	$129	$117	$129	$125	$129		$0		$0		$0	$0	$1,015	
FICA Expense	$870	$803	$963	$876	$793	$877	$1,225	$492		$0		$0		$0	$0	$6,899	
Health Insurance	$701	$886	$592	$624	$796	$648	$648	$648		$0		$0		$0	$0	$5,544	
Workers Compensation	$289	$290	$351	$320	$290	$321	$449	$563		$0		$0		$0	$0	$2,872	
Unemployment	$0	$0	$0	$699	$26	$141	($54)	$142		$0		$0		$0	$0	$954	
Other Contractual	$577	$941	$262	$631	$606	$596	$924	$471		$0		$0		$0	$0	$5,006	
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	$14,164	$13,636	$15,161	$15,000	$13,231	$14,442	$14,665	$14,054		$0		$0		$0	$0	$114,353	

Page 12

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

Maintenance Expenditures																	
Canal Maintenance	$0	$0	$0	$2,936	$0	$0	$0	$0		$0		$0		$0	$0	$2,936	
Lake Bank Restoration	$0	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	
Environmental Services	$1,120	$6,686	$3,640	$0	$400	$0	$144	$0		$0		$0		$0	$0	$11,990	
Water Management System	$7,565	$7,565	$8,875	$7,765	$7,565	$8,211	$7,565	$7,765		$0		$0		$0	$0	$62,875	
Control Burns	$0	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	
Contingencies	$223	$223	$223	$224	$0	$0	$0	$0		$0		$0		$0	$0	$894	
Fire Line Maintenance	$952	$0	$0	$0	$225	$0	$0	$325		$0		$0		$0	$0	$1,502	
Basin Repair	$0	$0	$0	$455	$0	$0	$0	$0		$0		$0		$0	$0	$455	
Total Maintenance	$9,860	$14,474	$12,738	$11,380	$8,190	$8,211	$7,709	$8,090		$0		$0		$0	$0	$80,652	

Grounds Maintenance Expenditures																	
Salaries	$10,763	$9,993	$12,103	$11,359	$10,155	$11,174	$10,878	$11,134		$0		$0		$0	$0	$87,558	
Administrative Fees	$271	$259	$315	$287	$260	$287	$278	$287		$0		$0		$0	$0	$2,246	
FICA	$772	$738	$862	$850	$754	$829	$451	$834		$0		$0		$0	$0	$6,090	
Health Insurance	$827	$638	$915	$1,328	$1,486	$426	$1,230	$1,223		$0		$0		$0	$0	$8,073	
Workers Compensation	$293	$273	$331	$226	$277	$305	$186	$304		$0		$0		$0	$0	$2,195	
Unemployment	$20	$19	$23	$754	$494	$333	$14	$92		$0		$0		$0	$0	$1,749	
Telephone	$425	$377	$318	$414	$414	$449	$415	$415		$0		$0		$0	$0	$3,227	
Utilities	$406	$379	$373	$326	$352	$383	$383	$480		$0		$0		$0	$0	$3,083	
Property Appraiser	$0	$0	$1,986	$0	$0	$0	$0	$0		$0		$0		$0	$0	$1,986	
Insurance- Property	$135	$135	$135	$135	$135	$135	$135	$135		$0		$0		$0	$0	$1,079	
Repairs	$3,185	$2,510	$932	$1,931	$6,286	$1,312	$2,245	$1,307		$0		$0		$0	$0	$19,707	
Fuel	$1,347	$918	$1,688	$1,116	$1,038	$630	$2,003	$2,101		$0		$0		$0	$0	$10,841	
Park Maintenance	$142	$693	$300	$31	$18	$306	$163	$163		$0		$0		$0	$0	$1,815	
Sidewalk Repair	$0	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	
Chemicals	$244	$0	$0	$0	$300	$223	$0	$253		$0		$0		$0	$0	$1,020	
Contingencies	$0	$5,346	$37	$0	$0	$0	$0	$0		$0		$0		$0	$0	$5,384	
Refuse	$720	$480	$480	$960	$480	$480	$240	$240		$0		$0		$0	$0	$4,080	
Office Supplies	$0	$0	$0	$0	$0	$158	$48	$0		$0		$0		$0	$0	$206	
Uniforms	$250	$260	$0	$450	$200	$200	$250	$200		$0		$0		$0	$0	$1,812	
Fire Alarm System	$129	$129	$137	$0	$139	$139	$1,273	$171		$0		$0		$0	$0	$2,116	
Rain Bird Pump System	$2,298	$2,298	$0	$5,057	$2,298	$2,298	$2,299	$2,298		$0		$0		$0	$0	$18,847	
Maintenance Reserve- Transfer Out	$652	$652	$652	$652	$652	$652	$652	$652		$0		$0		$0	$0	$5,215	
Maintenance Reserve- Transfer Out (PY Excess)	$94,484	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$94,484	
Total Grounds Maintenance	$117,363	$26,097	$21,587	$25,875	$25,738	$20,719	$23,143	$22,289		$0		$0		$0	$0	$282,813	
																	
Total Expenditures	$154,448	$67,760	$62,248	$64,852	$60,364	$56,604	$58,060	$59,354		$0		$0		$0	$0	$583,690	
																	
Excess Revenue/(Expenditures)	($149,758)	$171,831	$401,166	($35,329)	($41,407)	($46,570)	($23,363)	($27,601)		$0		$0		$0	$0	$248,969	

Page 13

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

Number of Rounds
Paid Rounds	

3,218	

3,361	

3,107	

3,574	

3,877	

4,761	

4,630	

3,747		

0	

0	0	

0	

30,275	
Member Rounds	597	640	645	761	676	793	741	598		0	0	0	0	5,451	
Comp Rounds Revenue per Round Paid Rounds	484

$30	566

$33	599

$35	592

$37	489

$40	586

$36	597

$30	501

$26		0

$0	0	0

$0	$0	0

$0	4,414

$268	
Revenues:
Greens Fees	
$96,077	
$111,965	
$109,258	
$133,011	
$153,726	
$173,044	
$139,476	
$98,053		
$0	
$0	$0	
$0	
$1,014,609	
Gift Cards - Sales	$743	$1,251	$3,602	$584	$405	$823	$1,235	$919		$0	$0	$0	$0	$9,561	
Gift Cards - Usage	($963)	($489)	($1,780)	($3,065)	($1,996)	($1,660)	($1,549)	($543)		$0	$0	$0	$0	($12,045)	
Season Advance/Trail Fees	$15,428	$19,567	$18,164	$21,059	$20,417	$20,247	$17,052	$14,908		$0	$0	$0	$0	$146,841	
Associate Memberships	$3,476	$3,397	$2,844	$6,241	$4,345	$3,713	$3,950	$1,817		$0	$0	$0	$0	$29,783	
Driving Range	$5,109	$5,514	$5,973	$6,235	$7,476	$8,814	$6,122	$5,482		$0	$0	$0	$0	$50,724	
Golf Lessons	$175	$175	$175	$175	$175	$175	$175	$175		$0	$0	$0	$0	$1,400	
Merchandise Sales	$9,560	$9,648	$12,429	$9,043	$11,368	$12,811	$17,677	$14,151		$0	$0	$0	$0	$96,687	
Restaurant	$1,889	$2,185	$5,199	$2,184	$1,977	$2,868	$818	$1,414		$0	$0	$0	$0	$18,534	
Special Assessments - Operations	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877		$0	$0	$0	$0	$15,018	
Miscellaneous Income	$969	$1,103	$968	$5,307	$2,773	$4,993	$3,052	$1,598		$0	$0	$0	$0	$20,763	
Total Revenues	$134,341	$156,193	$158,710	$182,651	$202,542	$227,705	$189,885	$139,850		$0	$0	$0	$0	$1,391,876	

Golf Course Expenditures:
Other Contractual Services	

$513	

$1,132	

$764	

$1,225	

$970	

$408	

$772	

$1,442		

$0	

$0	$0	

$0	

$7,226	
Telephone/Internet	$403	$300	$519	$168	$412	$943	$104	$729		$0	$0	$0	$0	$3,577	
Postage	$152	$257	$0	$313	$21	$324	$47	$345		$0	$0	$0	$0	$1,457	
Printing & Binding	$0	$409	$0	$282	$0	$0	$0	$0		$0	$0	$0	$0	$691	
Utilities	$368	$397	$281	$681	$477	$791	$387	$486		$0	$0	$0	$0	$3,868	
Repairs & Maintenance	$373	$375	$0	$1,043	$519	$723	$968	$818		$0	$0	$0	$0	$4,819	
Advertising	$4,843	$3,044	$4,819	$3,841	$2,765	$2,507	$3,901	$2,622		$0	$0	$0	$0	$28,344	
Bank Charges	$2,073	$2,748	$2,948	$3,162	$4,032	$3,494	$4,008	$4,071		$0	$0	$0	$0	$26,536	
Office Supplies	$1,074	$752	$612	$857	$84	$212	$521	$245		$0	$0	$0	$0	$4,356	
Operating Supplies	$427	$811	$406	$717	$235	$144	$433	$251		$0	$0	$0	$0	$3,422	
Dues, Licenses & Subscriptions	$663	$13	$585	$0	$4,317	$380	$315	$350		$0	$0	$0	$0	$6,624	
Drug Testing - All Departments	$0	$0	$92	$0	$47	$0	$47	$142		$0	$0	$0	$0	$328	
Training, Education & Employee Relations	$0	$468	$815	$112	$20	$167	$0	$783		$0	$0	$0	$0	$2,365	
Contractual Security	$169	$112	$112	$112	$112	$112	$112	$74		$0	$0	$0	$0	$917	
IT Services	$340	$0	$0	$2,500	$0	$0	$95	$287		$0	$0	$0	$0	$3,222	
Total Golf Course Expenditures	$11,399	$10,818	$11,954	$15,013	$14,011	$10,205	$11,711	$12,643		$0	$0	$0	$0	$97,753	

Restaurant Expenditures:														
Utilities	$863	$814	$645	$1,130	$888	$1,011	$509	$1,000		$0	$0	$0	$0	$6,859	
Pest Control	$91	$91	$91	$91	$95	$95	$95	$95		$0	$0	$0	$0	$746	
Equipment Lease	$94	$94	$94	$94	$92	$94	$94	$0		$0	$0	$0	$0	$656	
Total Restaurant Expenditures	$1,048	$999	$831	$1,315	$1,075	$1,200	$698	$1,095		$0	$0	$0	$0	$8,261	

Page 14

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

Golf Operations:
Salaries	

$17,491	

$16,181	

$18,525	

$18,670	

$14,506	

$19,605	

$19,356	

$18,226	

$0		

$0	

$0	

$0	

$142,560	
Administrative Fee	$1,320	$1,338	$1,625	$1,482	$1,290	$1,534	$1,507	$1,557	$0		$0	$0	$0	$11,654	
FICA Expense	$1,338	$1,238	$1,918	$1,428	$1,110	$1,500	$1,481	$1,387	$0		$0	$0	$0	$11,400	
Health Insurance	$38	$38	$38	$38	$38	$54	$36	$203	$0		$0	$0	$0	$484	
Workers Compensation	$478	$442	$696	$510	$396	$536	$529	$286	$0		$0	$0	$0	$3,873	
Unemployment	$559	$512	$500	$1,188	$841	$913	$825	$848	$0		$0	$0	$0	$6,186	
Golf Printing	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Utilities	$1,575	$1,666	$1,678	$2,197	$1,768	$2,471	$1,662	$2,165	$0		$0	$0	$0	$15,182	
Repairs	$0	$525	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$525	
Pest Control	$158	$91	$91	$91	$95	$95	$95	$95	$0		$0	$0	$0	$813	
Supplies	$2,066	$749	$1,847	$1,386	$945	$581	$1,959	$1,122	$0		$0	$0	$0	$10,655	
Uniforms	$173	$0	$58	$0	$72	$0	$178	$0	$0		$0	$0	$0	$481	
Training, Education & Employee Relations	$0	$0	$0	$0	$0	$0	$26	$0	$0		$0	$0	$0	$26	
Fuel	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Cart Lease	$3,786	$3,965	$3,920	$3,559	$3,750	$3,972	$4,023	$3,632	$0		$0	$0	$0	$30,606	
Cart Maintenance	$215	$0	$24	$707	$436	$147	$0	$474	$0		$0	$0	$0	$2,003	
Driving Range	$0	$0	$0	$365	($1,080)	$0	$732	$0	$0		$0	$0	$0	$17	
Total Golf Operation Expenditures	$29,196	$26,747	$30,923	$31,623	$24,167	$31,406	$32,408	$29,995	$0		$0	$0	$0	$236,464	

Merchandise Sales:															
Cost of Goods Sold	$7,860	$5,700	$8,942	$8,457	$7,409	$9,714	$6,738	$10,164	$0		$0	$0	$0	$64,984	
Total Merchandise Sales	$7,860	$5,700	$8,942	$8,457	$7,409	$9,714	$6,738	$10,164	$0		$0	$0	$0	$64,984	

Golf Course Maintenance:
Salaries	

$35,460	

$33,522	

$39,979	

$36,998	

$32,822	

$35,951	

$33,602	

$37,175	

$0		

$0	

$0	

$0	

$285,509	
Administrative Fees	$869	$857	$1,037	$945	$854	$906	$870	$898	$0		$0	$0	$0	$7,235	
FICA Expense	$2,555	$2,491	$2,379	$2,651	$2,351	$2,574	$2,404	$2,762	$0		$0	$0	$0	$20,168	
Employee Insurance	$5,490	$3,508	$4,709	$4,397	$4,469	$5,275	$4,085	$3,218	$0		$0	$0	$0	$35,151	
Workers Compensation	$963	$915	$901	$1,009	$896	$980	$915	$1,012	$0		$0	$0	$0	$7,590	
Unemployment	$85	$0	$0	$2,390	$1,353	$1,360	$488	$370	$0		$0	$0	$0	$6,046	
Drug Testing	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Consulting Fees	$500	$500	$500	$500	$500	$500	$500	$500	$0		$0	$0	$0	$4,000	
Fire Alarm System	$129	$86	$97	$86	$86	$86	$86	$86	$0		$0	$0	$0	$742	
Telephone/Internet	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Utilities/Water	$1,946	$1,516	$1,960	$2,550	$2,086	$2,840	$580	$3,929	$0		$0	$0	$0	$17,406	
Repairs	$5,044	$5,146	$2,356	$4,479	$3,689	$3,586	$4,599	$3,920	$0		$0	$0	$0	$32,820	
Fuel & Oil	$2,735	$3,391	$2,683	$2,267	$2,357	$1,339	$4,337	$5,025	$0		$0	$0	$0	$24,133	
Pest Control	$67	$74	$74	$74	$77	$77	$77	$77	$0		$0	$0	$0	$597	
Irrigation/Drainage	$1,522	$1,628	$1,773	$3,365	$3,399	$2,876	$3,594	$2,471	$0		$0	$0	$0	$20,628	
Sand and Topsoil	$5,419	$2,208	$934	$1,204	$397	$2,174	$1,135	$3,971	$0		$0	$0	$0	$17,443	
Flower/Mulch	$0	$0	$142	$0	$1,995	$581	$1,657	$0	$0		$0	$0	$0	$4,374	
Fertilizer	$7,561	$13,172	$7,722	$6,311	$8,054	$8,700	$14,520	$18,608	$0		$0	$0	$0	$84,647	
Seed/Sod	$1,579	$1,579	$1,579	$1,579	$1,579	$1,579	$1,579	$0	$0		$0	$0	$0	$11,050	
Trash Removal	$138	$0	$162	$301	$138	$0	$138	$138	$0		$0	$0	$0	$1,017	
Contingency	$1,800	$0	$562	$1,510	$0	$0	$650	$0	$0		$0	$0	$0	$4,522	
First Aid	$169	$0	$0	$42	$0	$0	$225	$22	$0		$0	$0	$0	$459	
Office Supplies	$807	$0	$0	$47	$0	$0	$0	$0	$0		$0	$0	$0	$854	
Operating Supplies	$1,304	$490	$676	$1,116	$183	$0	$241	$527	$0		$0	$0	$0	$4,537	
Training	$0	$0	$523	$0	$486	$0	$241	$0	$0		$0	$0	$0	$1,251	
Janitorial Supplies	$0	$0	$0	$0	$0	$84	$0	$0	$0		$0	$0	$0	$84	
Soil & Water Testing	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Uniforms	$735	$588	$588	$733	$595	$595	$761	$815	$0		$0	$0	$0	$5,409	
Equipment Rental	$0	$0	$0	$414	$0	$0	$0	$0	$0		$0	$0	$0	$414	
Equipment Lease	$13,469	$13,469	$13,469	$13,469	$13,981	$13,488	$14,802	$12,547	$0		$0	$0	$0	$108,696	
Small Tools	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Total Golf Course Maintenance	$90,347	$85,139	$84,803	$88,437	$82,347	$85,550	$92,086	$98,071	$0		$0	$0	$0	$706,780	

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	$0		$0	$0	$0	$400	
Dissemination	$83	$83	$83	$83	$83	$83	$83	$83	$0		$0	$0	$0	$667	
Trustee Fees	$313	$313	$313	$313	$313	$361	$361	$0	$0		$0	$0	$0	$2,284.40	
Annual Audit	$125	$125	$125	$125	$125	$125	$125	$125	$0		$0	$0	$0	$1,000	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0		$0	$0	$0	$37,520	
Insurance	$5,390	$5,390	$5,390	$5,390	$5,390	$5,461	$5,390	$5,390	$0		$0	$0	$0	$43,188	
Property Taxes	$601	$601	$1,185	$1,185	$1,185	$1,185	$1,185	$1,185	$0		$0	$0	$0	$8,313	
Total Administrative Expenditures	$11,252	$11,252	$11,836	$11,836	$11,836	$11,955	$11,884	$11,523	$0		$0	$0	$0	$93,372	

Reserves:															
Renewal & Replacement	$1,820	$2,687	$3,124	$3,174	$3,653	$4,051	$4,554	$3,798	$0		$0	$0	$0	$26,861	
Operating Reserves	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Total Reserves	$1,820	$2,687	$3,124	$3,174	$3,653	$4,051	$4,554	$3,798	$0		$0	$0	$0	$26,861	
															
Total Revenues	$134,341	$156,193	$158,710	$182,651	$202,542	$227,705	$189,885	$139,850	$0		$0	$0	$0	$1,391,876	
															
Total Expenditures	$152,921	$143,341	$152,413	$159,855	$144,497	$154,081	$160,079	$167,288	$0		$0	$0	$0	$1,234,475	
															
Operating Income (Loss)	($18,581)	$12,852	$6,297	$22,797	$58,045	$73,624	$29,806	($27,438)	$0		$0	$0	$0	$157,402	

Non Operating Revenues/(Expenditures):
Special Assessments - Debt Service	

$46,530	

$46,530	

$46,530	

$46,530	

$46,530	

$46,530	

$39,894	

$39,894	

$0		

$0	

$0	

$0	

$358,965	
Interest Income	$91	$94	$70	$289	$72	$65	$72	$181	$0		$0	$0	$0	$933	
Transfer In	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Interest Expense	($14,303)	($14,303)	($14,303)	($14,303)	($14,303)	($14,303)	($14,303)	($14,303)	$0		$0	$0	$0	($114,425)	
Principal Expense	($32,917)	($32,917)	($32,917)	($32,917)	($32,917)	($32,917)	($32,917)	($32,917)	$0		$0	$0	$0	($263,333)	
Total Non Operating  Revenues/(Expenditures)	($599)	($596)	($620)	($402)	($618)	($625)	($7,255)	($7,146)	$0		$0	$0	$0	($17,861)	
															
Net Non Operating Income / (Loss)	($19,180)	$12,256	$5,676	$22,395	$57,427	$72,999	$22,552	($34,584)	$0		$0	$0	$0	$139,541	

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	

$9,560	

$9,648	

$12,429	

$9,043	

$11,368	

$12,811	

$17,677	

$14,151	

$0		

$0	

$0	

$0	

$96,687	
Total Revenues	$9,560	$9,648	$12,429	$9,043	$11,368	$12,811	$17,677	$14,151	$0		$0	$0	$0	$96,687	

Expenditures															
Cost of Goods Sold	$7,860	$5,700	$8,942	$8,457	$7,409	$9,714	$6,738	$10,164	$0		$0	$0	$0	$64,984	
Total Expenditures	$7,860	$5,700	$8,942	$8,457	$7,409	$9,714	$6,738	$10,164	$0		$0	$0	$0	$64,984	
															
Operating Income (Loss)	$1,700	$3,948	$3,487	$586	$3,959	$3,097	$10,939	$3,987	$0		$0	$0	$0	$31,704	

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 - 9/30/2016	$11,855,000	
Less: May 1, 2017 Principal	($1,710,000)	
Less: May 1, 2018 Principal	($1,810,000)	
Less: May 1, 2019 Principal	($1,910,000)	
Current Bonds Outstanding	$6,425,000	

(1) 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:	$280,266	
Bonds outstanding - 9/30/2016	$4,445,000	
Less: May 1, 2017 Principal	($365,000)	
Less: May 1, 2018 Principal	($380,000)	
Less: May 1, 2019 Principal	($395,000)	
Current Bonds Outstanding	$3,305,000	

Page 18

Viera East
Community Development District
Special Assessment Receipts - FY2019

Date	Net	Gen Fund	Debt Svc 2006	Rec Fund	Total	
						
11/10/18	$	62,799	$	13,313	$	39,917	$	9,569	$	62,799	
11/26/18	$	1,045,266	$	221,588	$	664,407	$	159,272	$	1,045,266	
12/7/18	$	1,743,148	$	369,533	$	1,108,004	$	265,611	$	1,743,148	
12/19/18	$	420,729	$	89,191	$	267,430	$	64,108	$	420,729	
1/10/19	$	114,014	$	24,170	$	72,471	$	17,373	$	114,014	
1/28/19	$	3,084	$	654	$	1,961	$	470	$	3,084	
2/11/19	$	67,509	$	14,313	$	42,910	$	10,286	$	67,509	
2/11/2019 (1)	$	(219)	$	(46)	$	(139)	$	(33)	$	(219)	
3/6/19	$	25,210	$	5,344	$	16,024	$	3,841	$	25,210	
4/3/19	$	141,554	$	30,008	$	89,977	$	21,569	$	141,554	
4/3/19 (2)	$	(9)	$	(2)	$	(6)	$	(1)	$	(9)	
4/26/19	$	400	$	85	$	254	$	61	$	400	
5/6/19	$	127,261	$	26,978	$	80,892	$	19,391	$	127,261	
						
					$	-	
					$	-	
					$	-	
					$	-	
					$	-	
						
	$	3,750,747	$	795,129	$	2,384,101	$	571,516	$	3,750,747	

Net
Assessed	Percentage	Assessments
Collected	Assessments
Transferred	Balance to
Transfer	Assessments
Outstanding	
							
Debt Service Fund	$	2,423,170	63.56%	$	2,384,101	$	(2,212,984)	$	171,117	$	39,069	
General Fund	$	808,157	21.20%	$	795,129	$	(795,129)	$	-	$	13,028	
Recreation Fund	$	580,882	15.24%	$	571,516	$	(530,496)	$	41,020	$	9,366	
							
	$	3,812,209	100.00%	$	3,750,747	$	(3,538,610)	$	212,137	$	61,462	

Represents postage for mailing 2018 first tax notices.
Represents postage for mailing 2018 second tax notices.

Page 19

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

	Actuals
5/31/18		Actuals
5/31/19		
Variance		Year to Date
5/31/18		Year to Date
5/31/19		
Variance	

Revenues:
Greens Fees	

$89,084		

$	98,053		

$	8,968		

$972,022		

$ 1,014,609		

$	42,587	
Gift Cards - Sales	$798		$	919		$	121		$9,356		$	9,561		$	205	
Gift Cards - Usage	($1,113)		$	(543)		$	570		($14,637)		$	(12,045)		$	2,593	
Season Advance/Trail Fees	$13,255		$	14,908		$	1,653		$131,942		$	146,841		$	14,899	
Associate Memberships	$5,648		$	1,817		$	(3,831)		$31,323		$	29,783		$	(1,540)	
Driving Range	$5,279		$	5,482		$	203		$57,019		$	50,724		$	(6,294)	
Golf Lessons	$175		$	175		$	-		$1,400		$	1,400		$	-	
Merchandise Sales	$11,045		$	14,151		$	3,105		$87,818		$	96,687		$	8,869	
Restaurant	$1,194		$	1,414		$	220		$17,249		$	18,534		$	1,285	
Special Assessments - Operations	$1,877		$	1,877		$	-		$15,018		$	15,018		$	-	
Miscellaneous Income	 	$590 		   $	1,598 		   $	1,007 		 	$12,890 		   $	20,763 		   $	7,873 	
Total Revenues	   $	127,833 		   $	139,850 		   $	12,017 		   $ 1,321,400 		   $ 1,391,876 		   $	70,476 	
Expenditures:
Golf Course Expenditures	
$	12,092		
$	12,643		
$	(551)		
$	100,208		
$	97,753		
$	2,455	
Restaurant	$	844		$	1,095		$	(251)		$	6,999		$	8,261		$	(1,263)	
Golf Operations	$	27,959		$	29,995		$	(2,036)		$	226,248		$	236,464		$	(10,216)	
Merchandise Sales	$	11,165		$	10,164		$	1,002		$	63,425		$	64,984		$	(1,559)	
Golf Course Maintenance	$	82,858		$	98,071		$	(15,214)		$	650,057		$	706,780		$	(56,723)	
Administrative	$	12,970		$	11,523		$	1,447		$	95,266		$	93,372		$	1,894	
Reserves	   $	3,715 		   $	3,798 		   $	(82) 		   $	25,361 		   $	26,861 		   $	(1,500) 	
Total Expenditures	   $	151,603 		   $	167,288 		   $	(15,685) 		   $ 1,167,563 		   $ 1,234,475 		   $	(66,912) 	
Operating Income/(Loss)	   $	(23,770) 		   $	(27,438) 		   $	(3,668) 		   $	153,837 		   $	157,402 		   $	3,565 	

I. Cash Flows:

Actuals

Projections

June

July

August

September

Totals

Starting Funds
Carry Forward
Revenues

Expenses

$	234,109	$	200,580	$	179,176	$ 121,480	

Viera East Cash Flow Analysis  FY 2019

October	November	December	January	February	March	April	May	

$	85,290	$	66,768	$	80,949	$	85,918	$	108,714	$	166,759	$	240,382	$ 270,215	

$	242,776	$	234,109	$	200,580	$ 179,176	

Golf Course	$ 134,341	$ 156,193	$ 158,710	$ 182,651	$	202,542	$	227,705	$	189,885	$ 139,850		$	141,991	$	117,049	$	128,999	$	92,804	$ 1,872,719	
Course Operations	$ 132,452	$ 154,009	$ 153,510	$ 180,467	$	200,565	$	224,837	$	189,067	$ 138,436		$	140,301	$	115,487	$	127,717	$	91,384	$ 1,848,231	
Restaurant	$	1,889	$	2,185	$	5,199	$	2,184	$	1,977	$	2,868	$	818	$	1,414		$	1,690	$	1,562	$	1,282	$	1,420	$	24,488	
									
Total All Cash	$ 219,630	$ 222,961	$ 239,658	$ 268,569	$	311,256	$	394,464	$	430,267	$ 410,064		$	384,767	$	351,158	$	329,578	$ 271,980	$ 1,872,719	

Golf Course	$ 152,862	$ 142,013	$ 153,741	$ 159,855	$	144,497	$	154,081	$	160,053	$ 167,288		$	150,659	$	150,578	$	150,402	$ 150,500	$ 1,836,529	
Course Operations	$ 151,814	$ 141,014	$ 152,910	$ 158,536	$	143,422	$	152,881	$	159,355	$ 166,193		$	149,596	$	149,596	$	149,596	$ 149,607	$ 1,824,519	
Restaurant	$	1,048	$	999	$	831	$	1,319	$	1,075	$	1,200	$	698	$	1,095		$	1,063	$	982	$	806	$	893	$	12,010	
															
Cash Less Expenses	$	66,768	$	80,949	$	85,918	$ 108,714	$	166,759	$	240,382	$	270,215	$ 242,776							

	Projected Revenues FY 2019	$ 1,872,719	
	Projected Expenses FY 2019	$ 1,836,529	
	Projected Surplus(Deficit) FY 2018	$	36,190	

The rounds report will be provided under separate cover