Viera East
Community Development District

Unaudited Financial Reporting
December 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		
	December 31, 2019		
	Governmental Fund Types		
	
General	Capital Reserve	Debt Service	 Golf Course/Recreation 	Totals
   (memorandum only) 	
Assets				
Operating Account	$1,840,010	$6,672	----	$355,492	$2,202,174	
Accounts Receivable	----	----	----	$1,308	$1,308	
Rent Receivable	----	----	----	$1,013	$1,013	
Due From Golf Course	$37,613	----	----	----	$37,613	
Due From General Fund	----	----	$958,868	$239,847	$1,198,715	
Due From Capital Reserve	----	----	----	----	$0	
Due from Debt Service	$12,378	----	----	$44,743	$57,121	
Due from Other	----	----	----	$2,678	$2,678	
Inventory - Pro Shop	----	----	----	$102,756	$102,756	
Investments:				
State Board	----	$255,753	----	----	$255,753	
Benefit Assessment- Series 2012	----	----	----	$3,869	$3,869	
Reserve - Series 2012	----	----	----	$280,237	$280,237	
Bond Service 2006	----	----	$1,480,034	----	$1,480,034	
Improvements (Net of Depreciation)	----	----	----	$1,189,988	$1,189,988	
Prepaid Expenses- Operations	$9,887	----	----	$161,657	$171,544	
Total Assets	$1,899,887	$262,425	$2,438,902	$2,383,588	$6,984,802	
Liabilities				
Accounts Payable	$4,029	----	----	$71,677	$75,706	
Accrued Expenses	$11,084	----	----	$3,694	$14,778	
Deferred Revenue- Season Advance	----	----	----	$90,851	$90,851	
Deferred Revenue- Special Assessments O&M	----	----	----	$16,895	$16,895	
Deferred Revenue- Special Assessments Debt	----	----	----	$342,961	$342,961	
Deposit-Divots Grill	----	----	----	$2,000	$2,000	
Due to General Fund	----	----	$12,378	$37,613	$49,991	
Accrued Interest Payable	----	----	----	$32,311	$32,311	
Accrued Principal Payable	----	----	----	$102,500	$102,500	
Sales Tax Payable	----	----	----	$13,481	$13,481	
Event Deposits	----	----	----	($3,576)	($3,576)	
Due to Golf Course	$239,847	----	$44,743	----	$284,591	
Due to Debt Service	$958,868	----	----	----	$958,868	
Accrued Payroll Payable	$5,886	----	----	$13,479	$19,365	
Bonds Payable - Series 2012	----	----	----	$3,305,000	$3,305,000	
Bond Discount	----	----	----	($18,220)	($18,220)	
Deferred Loss	----	----	----	($187,085)	($187,085)	
Fund Equity				
Net Assets	----	----	----	($1,439,995)	($1,439,995)	
Fund Balances				
Assigned - First Quarter	$176,000	----	----	----	$176,000	
Nonspendable - Prepaid Expense	$9,887	----	----	----	$9,887	
Unassigned	$494,287	----	----	----	$494,287	
Assigned- Capital Reserve Fund	----	$262,425	----	----	$262,425	
Restricted for Debt Service	----	----	$2,381,781	----	$2,381,781	
Total Liabilities, Fund Equity, Other	$1,899,887	$262,425	$2,438,902	$2,383,588	$6,984,802	

Page 1

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending December 31, 2019

	Adopted
Budget	Prorated Budget
12/31/19	Actual
12/31/19	
Variance	
Revenues					
Maintenance Assessments	$808,157	$702,693	$702,693	$0	
Golf Course Administrative Services	$56,280	$14,070	$14,070	$0	
Interest Income	$100	$25	$0	($25)	
Total Revenues	$864,536	$716,788	$716,763	($25)	

Administrative Expenditures					
Supervisors Fees	$30,496	$7,624	$5,196	$2,428	
Engineering Fees	$5,000	$1,250	$480	$770	
Attorney's Fees	$5,000	$1,250	$2,404	($1,154)	
Dissemination	$1,000	$250	$250	$0	
Trustee Fees	$5,600	$1,400	$1,400	($0)	
Annual Audit	$6,500	$1,625	$1,625	($0)	
Collection Agent	$2,500	$625	$625	$0	
Management Fees	$100,440	$25,110	$25,110	$0	
Postage	$1,500	$375	$749	($374)	
Printing & Binding	$2,500	$625	$646	($21)	
Insurance- Liability	$7,293	$1,823	$1,699	$124	
Legal Advertising	$2,500	$625	$0	$625	
Other Current Charges	$1,500	$375	$150	$225	
Office Supplies	$3,000	$750	$82	$668	
Dues & Licenses	$175	$44	$44	($1)	
Information Technology	$3,400	$850	$850	$0	
Total Administrative	$178,404	$44,601	$41,311	$3,290	

Page 2

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending December 31, 2019

	Adopted
Budget	Prorated Budget
12/31/19	Actual
12/31/19	
Variance	
Operating Expenditures					
Salaries	$141,817	$35,454	$35,917	($462)	
Administrative Fee	$1,566	$392	$407	($16)	
FICA Expense	$10,849	$2,712	$2,608	$105	
Employee Insurance	$8,551	$2,138	$4,038	($1,900)	
Workers Compensation	$2,780	$695	$981	($286)	
Unemployment	$853	$213	$0	$213	
Other Contractual	$7,000	$1,750	$2,052	($302)	
Training	$500	$125	$0	$125	
Uniforms	$500	$125	$0	$125	
Total Operating	$174,416	$43,604	$46,002	($2,398)	

Maintenance Expenditures					
Canal Maintenance	$14,000	$3,500	$0	$3,500	
Lake Bank Restoration	$60,000	$18,045	$18,045	$0	
Environmental Services	$20,000	$5,000	$2,940	$2,060	
Water Management System	$99,000	$24,750	$24,205	$545	
Control Burns	$15,000	$3,750	$0	$3,750	
Contingencies	$5,000	$1,250	$0	$1,250	
Fire Line Maintenance	$5,000	$1,250	$0	$1,250	
Basin Repair	$4,000	$1,000	$0	$1,000	
Total Maintenance	$222,000	$58,545	$45,190	$13,355	

Page 3

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending December 31, 2019

	Adopted
Budget	Prorated Budget
12/31/19	Actual
12/31/19	
Variance	
Grounds Maintenance Expenditures					
Salaries	$154,278	$38,570	$33,612	$4,957	
Administrative Fees	$3,695	$924	$904	$20	
FICA	$11,802	$2,951	$2,502	$449	
Health Insurance	$16,867	$4,217	$3,948	$269	
Workers Compensation	$3,024	$756	$918	($162)	
Unemployment	$2,120	$530	$66	$464	
Telephone	$5,000	$1,250	$1,495	($245)	
Utilities	$5,000	$1,250	$1,669	($419)	
Property Appraiser	$1,990	$1,990	$1,988	$3	
Insurance	$1,395	$349	$378	($29)	
Repairs	$12,000	$3,000	$9,937	($6,937)	
Fuel	$7,500	$1,875	$3,843	($1,968)	
Park Maintenance	$3,000	$750	$0	$750	
Sidewalk Maintenance	$5,000	$5,000	$11,118	($6,118)	
Chemicals	$5,000	$1,250	$642	$608	
Contingencies	$5,000	$1,250	$0	$1,250	
Refuse	$8,000	$2,000	$960	$1,040	
Office Supplies	$750	$188	$0	$188	
Uniforms	$3,000	$750	$651	$99	
Fire Alarm System	$4,000	$1,000	$512	$488	
Rain Bird Pump System	$27,576	$6,894	$6,895	($1)	
Maintenance Reserve - Transfer Out	$3,719	$930	$930	($0)	
Maintenance Reserve - Transfer Out (Excess)	$0	$0	$0	$0	
Total Grounds Maintenance	$289,716	$77,671	$82,968	($5,297)	
					
Total Expenditures	$864,536	$224,422	$215,471	$8,951	
					
Excess Revenue/(Expenditures)	$0		$501,292		
					
Beginning Fund Balance	$0		$178,881		
					
Ending Fund Balance	$0		$680,173		

Page 4

Viera East
Community Development District
Capital Reserve Fund Statement of Revenues & Expenditures For Period Ending December 31, 2019

	Adopted
Budget	Prorated Budget
12/31/19	Actual
12/31/19	
Variance	
Revenues					

Interest Income	
$2,500	
$625	
$1,456	
$831	
Reserve Funding - Transfer In (General)	$3,719	$930	$930	$0	
Reserve Funding - Transfer In (Golf)	$7,940	$1,985	$6,846	$4,861	
Reserve Funding - Transfer In (General Excess)	$0	$0	$0	$0	
Total Revenues	$14,159	$3,540	$9,232	$5,693	

Expenditures					
Capital Outlay	$100,000	$95,953	$95,953	$0	
Truck Maintenance	$25,000	$0	$0	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$95,953	$95,953	$0	
					
Excess Revenues/(Expenditures)	($110,841)		($86,721)		
					
Beginning Fund Balance	$283,792		$349,146		
					
Ending Fund Balance	$172,950		$262,425		

Page 5

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

Check Date	Vendor	Detail	Amount

Capital Outlay
FY2020

11/26/19 Shutts & Bowen LLP	Litigation Services	$	53,245.50	
11/27/19 Shutts & Bowen LLP	Litigation Services	$	35,152.53	
11/27/19 Fishkind Litigation Services	Market Stufy For VE	$	2,500.00	
11/30/19 Regions Bank	Wire Fee	$	15.00	
12/12/19 Leeland's Tree Service	Landscaping	$	5,025.00	
12/31/19 Regions Bank	Wire Fee	$	15.00	

Total	 $	95,953.03 

Page 6

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

	Adopted
Budget	Prorated Budget
12/31/19	Actual
12/31/19	
Variance	
Revenues					
Special Assessments	$2,423,170	$2,106,947	$2,106,947	$0	
Interest Income	$1,500	$375	$185	($190)	
Total Revenues	$2,424,670	$2,107,322	$2,107,132	($190)	

Expenditures					
Series 2006 Interest-11/1	
$184,719	
$184,719	
$184,719	
$0	
Interest-5/1	$184,719	$0	$0	$0	
Principal-5/1	$2,020,000	$0	$0	$0	
Other Debt Service Costs	$46,873	$0	$0	$0	
Total Expenditures	$2,436,311	$184,719	$184,719	$0	

Excess Revenues/(Expenditures)	($11,641)	$1,922,413	
			
Beginning Fund Balance	$466,966	$459,368	
			
Ending Fund Balance	$455,326	$2,381,781	

Page 7

			

			

			

Viera East Community Development District
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending December 31, 2019

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

Restaurant Expenditures
Utilities	
$10,500	
$701	
$806	
$105	
$2,236	
$2,198	
($38)	
Pest Control	$1,200	$95	$92	($3)	$285	$251	($34)	
Equipment Lease	$1,100	$98	$84	($13)	$293	$230	($63)	
Total Restaurant Expenditures	$12,800	$894	$983	$89	$2,815	$2,679	($135)	

Golf Operation Expenditures								
Salaries	$237,500	$13,890	$19,791	$5,901	$51,274	$59,373	$8,099	
Administrative Fee	$17,793	$1,490	$1,483	($8)	$5,128	$4,448	($680)	
FICA Expense	$18,781	$1,063	$1,565	$502	$3,910	$4,695	$785	
Health Insurance	$707	$54	$59	$5	$153	$177	$24	
Workers Compensation	$4,812	$380	$401	$21	$1,440	$1,203	($237)	
Unemployment	$12,786	$409	$1,065	$657	$1,732	$3,196	$1,464	
Golf Printing	$2,200	$402	$183	($219)	$804	$550	($254)	
Utilities	$22,500	$1,697	$1,875	$178	$4,982	$5,625	$643	
Repairs	$250	$0	$21	$21	$0	$63	$63	
Pest Control	$1,200	$95	$100	$5	$285	$300	$15	
Supplies	$8,000	$1,163	$667	($496)	$2,595	$2,000	($595)	
Uniforms	$1,500	$1,778	$125	($1,653)	$1,778	$375	($1,403)	
Training, Education & Employee Relations	$2,000	$260	$167	($93)	$260	$500	$240	
Fuel	$500	$0	$42	$42	$0	$125	$125	
Cart Lease	$90,753	$3,723	$7,563	$3,840	$11,721	$22,688	$10,968	
Cart Maintenance	$4,000	($546)	$333	$879	$1,683	$1,000	($683)	
Driving Range	$10,000	$0	$833	$833	$0	$2,500	$2,500	
Total Golf Operation Expenditures	$435,282	$25,857	$36,273	$10,416	$87,746	$108,818	$21,072	

Merchandise Sales								
Cost of Goods Sold	$77,000	$8,527	$6,417	($2,110)	$15,562	$19,250	$3,688	
Total Merchandise Sales	$77,000	$8,527	$6,417	($2,110)	$15,562	$19,250	$3,688	

Page 9

			

			

Viera East Community Development District
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending December 31, 2019

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

Administrative Expenditures
Legal Fees	
$1,500	
$0	
$125	
$125	
$304	
$375	
$71	
Arbitrage	$600	$50	$50	$0	$150	$150	$0	
Dissemination	$1,000	$83	$83	$0	$250	$250	$0	
Trustee Fees	$4,100	$342	$342	($0)	$1,025	$1,025	($0)	
Annual Audit	$1,500	$125	$125	$0	$375	$375	$0	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	$14,070	$14,070	$0	
Insurance	$70,000	$6,360	$5,833	($526)	$17,361	$17,500	$139	
Property Taxes	$10,000	$1,964	$833	($1,131)	$2,535	$2,500	($35)	
Total Administrative Expenditures	$144,980	$13,614	$12,082	($1,532)	$36,070	$36,245	$175	

Renewal & Replacement	
$7,940	
$2,924	
$662	
($2,262)	
$6,846	
$1,985	
($4,861)	
Operating Reserves	$0	$0	$0	$0	$0	$0	$0	
Total Reserves	$7,940	$2,924	$662	($2,262)	$6,846	$1,985	($4,861)	
								
Total Revenues	$1,967,237	$130,124	$170,046	($39,921)	$389,141	$466,719	($77,579)	
								
Total Expenditures	$1,959,767	$152,763	$163,225	$10,462	$416,256	$489,404	$73,149	
								
Operating Income (Loss)	$7,470	($22,638)	$6,821	($29,460)	($27,115)	($22,685)	($4,430)	
Non Operating Revenues/(Expenditures)								
Special Assessments	$558,355	$46,530	$46,530	$0	$139,589	$139,589	$0	
Interest Income	$1,000	$35	$83	($48)	$123	$250	($127)	
Transfer In	$0	$0	$0	$0	$0	$0	$0	
Interest Expense	($156,825)	($13,069)	($13,069)	$0	($39,206)	($39,206)	$0	
Principal Expense	($410,000)	($34,167)	($34,167)	($0)	($102,500)	($102,500)	($0)	
Total Non Operating  Revenues/(Expenditures)	($7,470)	($671)	($623)	($48)	($1,995)	($1,868)	($127)	
								
Change in Net Assets	$0	($23,309)	$6,199	($29,508)	($29,109)	($24,552)	($4,557)	
								
Beginning Net Assets	$0	----	----	----	($1,410,886)	----	----	
								
Ending Net Assets	$0	----	----	----	($1,439,995)	----	----	

Page 11

Viera East General Fund Month to Month

	October	November	December	January	February	March		April		May		June		July		August		September	Total	
Revenues																				
Maintenance Assessments	$0	$382,898	$319,794	$0	$0		$0		$0		$0		$0		$0		$0	$0	$702,693	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$0	$0		$0		$0		$0		$0		$0		$0	$0	$14,070	
Interest Income	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Revenues	$4,690	$387,588	$324,484	$0	$0		$0		$0		$0		$0		$0		$0	$0	$716,763	

Administrative Expenditures																				
Supervisors Fees	$3,588	$920	$688	$0	$0		$0		$0		$0		$0		$0		$0	$0	$5,196	
Engineering Fees	$0	$480	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$480	
Attorney's Fees	$2,404	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$2,404	
Dissemination	$83	$83	$83	$0	$0		$0		$0		$0		$0		$0		$0	$0	$250	
Trustee Fees	$467	$467	$467	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,400	
Annual Audit	$542	$542	$542	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,625	
Collection Agent	$208	$208	$208	$0	$0		$0		$0		$0		$0		$0		$0	$0	$625	
Management Fees	$8,370	$8,370	$8,370	$0	$0		$0		$0		$0		$0		$0		$0	$0	$25,110	
Postage	$265	$96	$389	$0	$0		$0		$0		$0		$0		$0		$0	$0	$749	
Printing & Binding	$82	$221	$342	$0	$0		$0		$0		$0		$0		$0		$0	$0	$646	
Insurance- Liability	$566	$566	$566	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,699	
Legal Advertising	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Other Current Charges	$25	$79	$46	$0	$0		$0		$0		$0		$0		$0		$0	$0	$150	
Office Supplies	$21	$21	$41	$0	$0		$0		$0		$0		$0		$0		$0	$0	$82	
Dues & Licenses	$15	$15	$15	$0	$0		$0		$0		$0		$0		$0		$0	$0	$44	
Information Technology	$283	$283	$283	$0	$0		$0		$0		$0		$0		$0		$0	$0	$850	
Total Administrative	$16,919	$12,352	$12,041	$0	$0		$0		$0		$0		$0		$0		$0	$0	$41,311	

Operating Expenditures																				
Salaries	$12,066	$12,980	$10,870	$0	$0		$0		$0		$0		$0		$0		$0	$0	$35,917	
Administration Fee	$137	$146	$124	$0	$0		$0		$0		$0		$0		$0		$0	$0	$407	
FICA Expense	$903	$985	$719	$0	$0		$0		$0		$0		$0		$0		$0	$0	$2,608	
Health Insurance	$424	$872	$2,742	$0	$0		$0		$0		$0		$0		$0		$0	$0	$4,038	
Workers Compensation	$330	$354	$297	$0	$0		$0		$0		$0		$0		$0		$0	$0	$981	
Unemployment	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Other Contractual	$667	$718	$667	$0	$0		$0		$0		$0		$0		$0		$0	$0	$2,052	
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	$14,527	$16,055	$15,420	$0	$0		$0		$0		$0		$0		$0		$0	$0	$46,002	

Page 12

Viera East General Fund Month to Month

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

Maintenance Expenditures																				
Canal Maintenance	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Lake Bank Restoration	$0	$18,045	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$18,045	
Environmental Services	$2,620	$320	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$2,940	
Water Management System	$8,059	$8,087	$8,059	$0	$0		$0		$0		$0		$0		$0		$0	$0	$24,205	
Control Burns	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Contingencies	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Fire Line Maintenance	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Basin Repair	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Maintenance	$10,679	$26,452	$8,059	$0	$0		$0		$0		$0		$0		$0		$0	$0	$45,190	

Grounds Maintenance Expenditures																				
Salaries	$11,474	$12,005	$10,134	$0	$0		$0		$0		$0		$0		$0		$0	$0	$33,612	
Administrative Fees	$305	$324	$275	$0	$0		$0		$0		$0		$0		$0		$0	$0	$904	
FICA	$852	$901	$749	$0	$0		$0		$0		$0		$0		$0		$0	$0	$2,502	
Health Insurance	$1,100	$1,385	$1,463	$0	$0		$0		$0		$0		$0		$0		$0	$0	$3,948	
Workers Compensation	$314	$328	$277	$0	$0		$0		$0		$0		$0		$0		$0	$0	$918	
Unemployment	$22	$24	$20	$0	$0		$0		$0		$0		$0		$0		$0	$0	$66	
Telephone	$432	$535	$529	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,495	
Utilities	$628	$516	$525	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,669	
Property Appraiser	$0	$1,988	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,988	
Insurance- Property	$126	$126	$126	$0	$0		$0		$0		$0		$0		$0		$0	$0	$378	
Repairs	$4,835	$3,733	$1,369	$0	$0		$0		$0		$0		$0		$0		$0	$0	$9,937	
Fuel	$1,159	$1,189	$1,495	$0	$0		$0		$0		$0		$0		$0		$0	$0	$3,843	
Park Maintenance	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Sidewalk Repair	$0	$11,118	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$11,118	
Chemicals	$435	$207	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$642	
Contingencies	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Refuse	$240	$0	$720	$0	$0		$0		$0		$0		$0		$0		$0	$0	$960	
Office Supplies	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Uniforms	$232	$186	$232	$0	$0		$0		$0		$0		$0		$0		$0	$0	$651	
Fire Alarm System	$171	$171	$171	$0	$0		$0		$0		$0		$0		$0		$0	$0	$512	
Rain Bird Pump System	$2,298	$2,298	$2,298	$0	$0		$0		$0		$0		$0		$0		$0	$0	$6,895	
Maintenance Reserve- Transfer Out	$310	$310	$310	$0	$0		$0		$0		$0		$0		$0		$0	$0	$930	
Maintenance Reserve- Transfer Out (PY Excess)	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Grounds Maintenance	$24,933	$37,343	$20,693	$0	$0		$0		$0		$0		$0		$0		$0	$0	$82,968	
																				
Total Expenditures	$67,057	$92,201	$56,212	$0	$0		$0		$0		$0		$0		$0		$0	$0	$215,471	
																				
Excess Revenue/(Expenditures)	($62,367)	$295,387	$268,272	$0	$0		$0		$0		$0		$0		$0		$0	$0	$501,292	

Page 13

Viera East Golf Course Month to Month

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

Number of Rounds
Paid Rounds	

2,598	

2,813	

2,185		

0	0		

0	

0	

0		

0	

0	

0	0	

7,596	
Member Rounds	574	647	566		0	0		0	0	0		0	0	0	0	1,787	
Comp Rounds	192	259	187		0	0		0	0	0		0	0	0	0	638	
EZ Links	157	245	191		0	0		0	0	0		0	0	0	0	593	
GolfNow
Revenue per Round
Paid Rounds	105

$31	165

$38	147

$39		0	0

$0	$0		0

$0	0

$0	0

$0		0

$0	0

$0	0	0

$0	$0	417

$108	
Revenues:
Greens Fees	
$79,719	
$107,182	
$85,489		
$0	$0		
$0	
$0	
$0		
$0	
$0	
$0	$0	
$272,389	
Gift Cards - Sales	$294	$884	$1,732		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,910	
Gift Cards - Usage	($179)	($1,458)	($1,119)		$0	$0		$0	$0	$0		$0	$0	$0	$0	($2,756)	
Season Advance/Trail Fees	$15,718	$16,380	$18,608		$0	$0		$0	$0	$0		$0	$0	$0	$0	$50,707	
Associate Memberships	$2,765	$3,397	$3,634		$0	$0		$0	$0	$0		$0	$0	$0	$0	$9,796	
Driving Range	$3,577	$4,961	$5,035		$0	$0		$0	$0	$0		$0	$0	$0	$0	$13,573	
Golf Lessons	$175	$175	$175		$0	$0		$0	$0	$0		$0	$0	$0	$0	$525	
Merchandise Sales	$6,479	$8,654	$10,744		$0	$0		$0	$0	$0		$0	$0	$0	$0	$25,877	
Restaurant	$1,237	$2,018	$2,617		$0	$0		$0	$0	$0		$0	$0	$0	$0	$5,872	
Special Assessments - Operations	$1,877	$1,877	$1,877		$0	$0		$0	$0	$0		$0	$0	$0	$0	$5,632	
Miscellaneous Income	$1,201	$2,083	$1,331		$0	$0		$0	$0	$0		$0	$0	$0	$0	$4,616	
Total Revenues	$112,863	$146,154	$130,124		$0	$0		$0	$0	$0		$0	$0	$0	$0	$389,141	

Golf Course Expenditures:
Other Contractual Services	

$2,147	

$1,180	

$812		

$0	$0		

$0	

$0	

$0		

$0	

$0	

$0	$0	

$4,140	
Telephone/Internet	$393	$289	$393		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,075	
Postage	$3,074	$3,080	$47		$0	$0		$0	$0	$0		$0	$0	$0	$0	$6,201	
Printing & Binding	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Utilities	$481	$483	$474		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,438	
Repairs & Maintenance	$117	$20	$523		$0	$0		$0	$0	$0		$0	$0	$0	$0	$660	
Advertising	$1,989	$3,559	$4,503		$0	$0		$0	$0	$0		$0	$0	$0	$0	$10,051	
Bank Charges	$1,669	$2,301	$3,021		$0	$0		$0	$0	$0		$0	$0	$0	$0	$6,991	
Office Supplies	$221	$258	$314		$0	$0		$0	$0	$0		$0	$0	$0	$0	$793	
Operating Supplies	$224	$149	$177		$0	$0		$0	$0	$0		$0	$0	$0	$0	$550	
Dues, Licenses & Subscriptions	$150	$0	$150		$0	$0		$0	$0	$0		$0	$0	$0	$0	$300	
Drug Testing - All Departments	$142	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$142	
Training, Education & Employee Relations	$20	$165	$2,268		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,453	
Contractual Security	$0	$246	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$246	
IT Services	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Total Golf Course Expenditures	$10,628	$11,730	$12,681		$0	$0		$0	$0	$0		$0	$0	$0	$0	$35,039	

Restaurant Expenditures:															
Utilities	$775	$760	$701		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,236	
Pest Control	$95	$95	$95		$0	$0		$0	$0	$0		$0	$0	$0	$0	$285	
Equipment Lease	$98	$98	$98		$0	$0		$0	$0	$0		$0	$0	$0	$0	$293	
Total Restaurant Expenditures	$968	$953	$894		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,815	

Page 14

Viera East Golf Course Month to Month

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

Golf Operations:
Salaries	

$17,027	

$20,356	

$13,890		

$0	$0		

$0	

$0	

$0		

$0	

$0	

$0	$0	

$51,274	
Administrative Fee	$1,720	$1,918	$1,490		$0	$0		$0	$0	$0		$0	$0	$0	$0	$5,128	
FICA Expense	$1,290	$1,557	$1,063		$0	$0		$0	$0	$0		$0	$0	$0	$0	$3,910	
Health Insurance	$46	$54	$54		$0	$0		$0	$0	$0		$0	$0	$0	$0	$153	
Workers Compensation	$504	$556	$380		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,440	
Unemployment	$649	$675	$409		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,732	
Golf Printing	$0	$402	$402		$0	$0		$0	$0	$0		$0	$0	$0	$0	$804	
Utilities	$1,640	$1,645	$1,697		$0	$0		$0	$0	$0		$0	$0	$0	$0	$4,982	
Repairs	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Pest Control	$95	$95	$95		$0	$0		$0	$0	$0		$0	$0	$0	$0	$285	
Supplies	$681	$751	$1,163		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,595	
Uniforms	$0	$0	$1,778		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,778	
Training, Education & Employee Relations	$0	$0	$260		$0	$0		$0	$0	$0		$0	$0	$0	$0	$260	
Fuel	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Cart Lease	$4,020	$3,978	$3,723		$0	$0		$0	$0	$0		$0	$0	$0	$0	$11,721	
Cart Maintenance	$1,709	$521	($546)		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,683	
Driving Range	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Total Golf Operation Expenditures	$29,381	$32,508	$25,857		$0	$0		$0	$0	$0		$0	$0	$0	$0	$87,746	

Merchandise Sales:															
Cost of Goods Sold	$806	$6,230	$8,527		$0	$0		$0	$0	$0		$0	$0	$0	$0	$15,562	
Total Merchandise Sales	$806	$6,230	$8,527		$0	$0		$0	$0	$0		$0	$0	$0	$0	$15,562	

Golf Course Maintenance:
Salaries	

$34,970	

$38,528	

$32,514		

$0	$0		

$0	

$0	

$0		

$0	

$0	

$0	$0	

$106,012	
Administrative Fees	$940	$958	$815		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,713	
FICA Expense	$2,599	$2,910	$2,392		$0	$0		$0	$0	$0		$0	$0	$0	$0	$7,902	
Employee Insurance	$2,209	$4,974	$3,720		$0	$0		$0	$0	$0		$0	$0	$0	$0	$10,904	
Workers Compensation	$953	$1,048	$889		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,890	
Unemployment	$129	$178	$147		$0	$0		$0	$0	$0		$0	$0	$0	$0	$453	
Drug Testing	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Consulting Fees	$500	$500	$500		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,500	
Fire Alarm System	$171	$171	$216		$0	$0		$0	$0	$0		$0	$0	$0	$0	$557	
Telephone/Internet	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Utilities/Water	$2,440	$2,089	$2,043		$0	$0		$0	$0	$0		$0	$0	$0	$0	$6,572	
Repairs	$2,721	$3,896	$1,827		$0	$0		$0	$0	$0		$0	$0	$0	$0	$8,444	
Fuel & Oil	$2,353	$2,413	$3,036		$0	$0		$0	$0	$0		$0	$0	$0	$0	$7,802	
Pest Control	$327	$77	$77		$0	$0		$0	$0	$0		$0	$0	$0	$0	$481	
Irrigation/Drainage	$1,120	$1,140	$1,328		$0	$0		$0	$0	$0		$0	$0	$0	$0	$3,589	
Sand and Topsoil	$0	$353	$84		$0	$0		$0	$0	$0		$0	$0	$0	$0	$437	
Flower/Mulch	$678	$95	$2,295		$0	$0		$0	$0	$0		$0	$0	$0	$0	$3,067	
Fertilizer	($1,608)	$4,186	$13,131		$0	$0		$0	$0	$0		$0	$0	$0	$0	$15,709	
Seed/Sod	$0	$349	$1,244		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,593	
Trash Removal	$282	$141	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$422	
Contingency	$0	$0	$536		$0	$0		$0	$0	$0		$0	$0	$0	$0	$536	
First Aid	$199	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$199	
Office Supplies	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Operating Supplies	$219	$93	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$312	
Training	$0	$0	$223		$0	$0		$0	$0	$0		$0	$0	$0	$0	$223	
Janitorial Supplies	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Soil & Water Testing	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Uniforms	$771	$548	$1,048		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,367	
Equipment Rental	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Equipment Lease	$13,645	$13,645	$20,202		$0	$0		$0	$0	$0		$0	$0	$0	$0	$47,492	
Small Tools	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Total Golf Course Maintenance	$65,619	$78,292	$88,266		$0	$0		$0	$0	$0		$0	$0	$0	$0	$232,177	
						
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	

$304	

$0	

$0		

$0	$0		

$0	

$0	

$0		

$0	

$0	

$0	$0	

$304	
Arbitrage	$50	$50	$50		$0	$0		$0	$0	$0		$0	$0	$0	$0	$150	
Dissemination	$83	$83	$83		$0	$0		$0	$0	$0		$0	$0	$0	$0	$250	
Trustee Fees	$342	$342	$342		$0	$0		$0	$0	$0		$0	$0	$0	$0	$1,025	
Annual Audit	$125	$125	$125		$0	$0		$0	$0	$0		$0	$0	$0	$0	$375	
Golf Course Administrative Services	$4,690	$4,690	$4,690		$0	$0		$0	$0	$0		$0	$0	$0	$0	$14,070	
Insurance	$5,501	$5,501	$6,360		$0	$0		$0	$0	$0		$0	$0	$0	$0	$17,361	
Property Taxes	$0	$571	$1,964		$0	$0		$0	$0	$0		$0	$0	$0	$0	$2,535	
Total Administrative Expenditures	$11,095	$11,362	$13,614		$0	$0		$0	$0	$0		$0	$0	$0	$0	$36,070	

Reserves:															
Renewal & Replacement	$1,667	$2,256	$2,924		$0	$0		$0	$0	$0		$0	$0	$0	$0	$6,846	
Operating Reserves	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Total Reserves	$1,667	$2,256	$2,924		$0	$0		$0	$0	$0		$0	$0	$0	$0	$6,846	
															
Total Revenues	$112,863	$146,154	$130,124		$0	$0		$0	$0	$0		$0	$0	$0	$0	$389,141	
															
Total Expenditures	$120,163	$143,329	$152,763		$0	$0		$0	$0	$0		$0	$0	$0	$0	$416,256	
															
Operating Income (Loss)	($7,301)	$2,824	($22,638)		$0	$0		$0	$0	$0		$0	$0	$0	$0	($27,115)	

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

$46,530	

$46,530	

$46,530		

$0	$0		

$0	

$0	

$0		

$0	

$0	

$0	$0	

$139,589	
Interest Income	$42	$46	$35		$0	$0		$0	$0	$0		$0	$0	$0	$0	$123	
Transfer In	$0	$0	$0		$0	$0		$0	$0	$0		$0	$0	$0	$0	$0	
Interest Expense	($13,069)	($13,069)	($13,069)		$0	$0		$0	$0	$0		$0	$0	$0	$0	($39,206)	
Principal Expense	($34,167)	($34,167)	($34,167)		$0	$0		$0	$0	$0		$0	$0	$0	$0	($102,500)	
Total Non Operating  Revenues/(Expenditures)	($664)	($660)	($671)		$0	$0		$0	$0	$0		$0	$0	$0	$0	($1,995)	
															
Net Non Operating Income / (Loss)	($7,965)	$2,164	($23,309)		$0	$0		$0	$0	$0		$0	$0	$0	$0	($29,109)	

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	

$6,479	

$8,654	

$10,744	

$0	

$0	

$0	

$0	

$0		

$0	

$0	

$0	

$0	

$25,877	
Total Revenues	$6,479	$8,654	$10,744	$0	$0	$0	$0	$0		$0	$0	$0	$0	$25,877	

Expenditures															
Cost of Goods Sold	$806	$6,230	$8,527	$0	$0	$0	$0	$0		$0	$0	$0	$0	$15,562	
Total Expenditures	$806	$6,230	$8,527	$0	$0	$0	$0	$0		$0	$0	$0	$0	$15,562	
															
Operating Income (Loss)	$5,673	$2,424	$2,217	$0	$0	$0	$0	$0		$0	$0	$0	$0	$10,314	

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:	$280,237	
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 - FY2020

Date	Net	Gen Fund	Debt Svc 2006	Rec Fund	Total	
						
11/6/19	$	65,047	$	13,789	$	41,346	$	9,911	$	65,047	
11/20/19	$ 1,741,148	$	369,109	$	1,106,733	$	265,306	$	1,741,148	
12/13/20	$ 1,138,411	$	241,334	$	723,613	$	173,464	$	1,138,411	
12/20/20	$	370,110	$	78,460	$	235,255	$	56,395	$	370,110	

						

						

						

						

						
						
	$ 3,314,716	$	702,693	$	2,106,947	$	505,077	$	3,314,716	

Net
Assessed	
Percentage	Assessments
Collected	Assessments
Transferred	Balance to
Transfer	Assessments
Outstanding	
							
Debt Service Fund	$ 2,423,170	63.56%	$	2,106,947	$	(1,148,079)	$	958,868	$	316,223	
General Fund	$	808,157	21.20%	$	702,693	$	(702,693)	$	-	$	105,464	
Recreation Fund	$	580,882	15.24%	$	505,077	$	(275,217)	$	229,860	$	75,805	
							
	$ 3,812,209	100.00%	$	3,314,716	$	(2,125,989)	$	1,188,727	$	497,493	

Percentage Collected	86.95%

Page 19

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

	Actuals
12/31/18		Actuals
12/31/19		
Variance		Year to Date
12/31/18		Year to Date
12/31/19		
Variance	

Revenues:
Greens Fees	

$109,258		

$	85,489		

$	(23,769)		

$317,300		

$	272,389		

$	(44,911)	
Gift Cards - Sales	$3,602		$	1,732		$	(1,870)		$5,596		$	2,910		$	(2,686)	
Gift Cards - Usage	($1,780)		$	(1,119)		$	661		($3,231)		$	(2,756)		$	476	
Season Advance/Trail Fees	$18,164		$	18,608		$	445		$53,159		$	50,707		$	(2,452)	
Associate Memberships	$2,844		$	3,634		$	790		$9,717		$	9,796		$	79	
Driving Range	$5,973		$	5,035		$	(937)		$16,596		$	13,573		$	(3,023)	
Golf Lessons	$175		$	175		$	-		$525		$	525		$	-	
Merchandise Sales	$12,429		$	10,744		$	(1,685)		$31,637		$	25,877		$	(5,761)	
Restaurant	$5,199		$	2,617		$	(2,582)		$9,273		$	5,872		$	(3,400)	
Special Assessments - Operations	$1,877		$	1,877		$	-		$5,632		$	5,632		$	-	
Miscellaneous Income	 	$968 		   $	1,331 		   $	363 		 	$3,041 		   $	4,616 		   $	1,575 	
Total Revenues	   $	158,710 		   $	130,124 		   $	(28,585) 		   $	449,244 		   $	389,141 		   $	(60,103) 	
Expenditures:
Golf Course Expenditures	
$	11,954		
$	12,681		
$	(727)		
$	34,170		
$	35,039		
$	(869)	
Restaurant	$	739		$	894		$	(155)		$	2,604		$	2,815		$	(211)	
Golf Operations	$	30,832		$	25,857		$	4,975		$	86,525		$	87,746		$	(1,221)	
Merchandise Sales	$	8,942		$	8,527		$	416		$	22,502		$	15,562		$	6,939	
Golf Course Maintenance	$	83,550		$	88,266		$	(4,716)		$	254,882		$	232,177		$	22,704	
Administrative	$	17,454		$	13,614		$	3,840		$	39,958		$	36,070		$	3,888	
Reserves	   $	3,124 		   $	2,924 		   $	200 		   $	7,631 		   $	6,846 		   $	785 	
Total Expenditures	   $	156,596 		   $	152,763 		   $	3,833 		   $	448,271 		   $	416,256 		   $	32,016 	
Operating Income/(Loss)	   $	2,114 		   $	(22,638) 		   $	(24,752) 		   $	972 		   $	(27,115) 		   $	(28,087) 	

			

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$20,896	$59,607	($5,756)	($6,570)	
$21,358	$65,100	($1,302)	$5,311	
$50,688	$149,499	($9,274)	($14,369)	
$14,327	$34,560	($8,554)	($18,788)	
$1,274	$10,087	($1,274)	($10,087)	
$0	$0	$0	$0	
($1,282)	($3,862)	($2,497)	($3,264)	
$107,261	$314,991	($28,657)	($47,767)	

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$36.21	$34.82	$4.16	$4.18	
$29.46	$28.33	$4.02	$4.71	
$36.44	$32.58	($2.35)	($0.82)	
$40.13	$38.61	$2.63	$2.25	
$18.20	$31.23	#DIV/0!	#DIV/0!	
#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	
$28.49	$22.45	$5.25	($20.57)	
$34.88	$32.66	$0.65	$28.74	
PY	PY	Vs. PY	Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$18,163	$53,157	$445	($2,452)	
$29.53	$28.69	$3.87	$0.30	

	Monthly	Year to Date	
Membership Revenue	$18,608	$50,705	
Average $ per round of Golf	$33.41	$28.99	

Average $ per Round of Golf

Average $ per round of Golf	
Monthly	
Year to Date	
Rounds of Golf- Associate Member	$40.37	$39.00	
Rounds of Golf- CDD Resident	$33.48	$33.04	
Rounds of Golf - Public	$34.09	$31.77	
Rounds of Golf - Golf Now / EZ Links	$42.76	$40.86	
Rounds of Golf- Tournaments	#DIV/0!	#DIV/0!	
Rounds of Golf- Misc	$0.00	$0.00	
Rain Check Issued	$33.74	$1.89	
TOTAL - Average $ per round of Golf	$35.54	$61.40	

Viera East Community Development District
Detailed Rounds of Golf Report
Dec-19

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
577	1,712	(202)	(352)	
725	2,298	(126)	(167)	
1,391	4,588	(176)	(334)	
357	895	(222)	(509)	
70	323	(70)	(323)	
0	0	0	0	
(45)	(172)	(67)	(3,607)	
3,075	9,644	(863)	(5,292)	

615	
1,853	
(58)	
(104)	
615	1,853	(58)	(104)	

140	
390	
(38)	
1	
194	484	(97)	(216)	
334	874	(135)	(215)	
266	786	(63)	(786)	
4,227	12,371	(1,056)	(5,611)	

Rounds of Golf
Monthly	Year to Date	
Paid Rounds
Rounds of Golf- Associate Member	
375	
12%	
1,360	
20%	
Rounds of Golf- CDD Resident	599	19%	2,131	32%	
Rounds of Golf - Public	1,215	38%	4,254	63%	
Rounds of Golf - Golf Now / EZ Links	135	4%	386	6%	
Rounds of Golf- Tournaments	-	0%	-	0%	
Rounds of Golf- Misc	-	0%	-	0%	
Rain Check Issued	(112)	-4%	(3,779)	-56%	
Total Paid Rounds	2,212		4,352		
Member Rounds
Rounds of Golf - Members	
557	
18%	
1,749	
26%	
Total Member Rounds	557		1,749		
Comp Rounds
Rounds of Golf- Staff/Comp	
102	
3%	
391	
6%	
Rounds of Golf- Other Comp	97	3%	268	4%	
Total Comp Rounds	199		659		
Rounds of Golf- GolfNow EZ Links	203				
TOTAL ROUNDS OF GOLF	3,171	94%	6,760	100%	
					
Revenues					
	Monthly		Year to Date		
Greens Fee Revenue
Rounds of Golf- Associate Member	
$15,140	
19%	
$53,037	
20%	
Rounds of Golf- CDD Resident	$20,056	26%	$70,411	26%	
Rounds of Golf - Public	$41,414	53%	$135,130	51%	
Rounds of Golf - Golf Now / EZ Links	$5,773	7%	$15,772	6%	
Rounds of Golf- Tournaments	$0	0%	$0	0%	
Rounds of Golf- Misc	$0	0%	$0	0%	
Rain Check Issued	($3,779)	-5%	($7,126)	-3%	
TOTAL GREENS FEE REVENUE	$78,604	100%	$267,224	100%	

PY - PREVIOUS YEAR