Viera East Community Development District

Agenda June 24, 2020

Viera East Community Development District
Revised Meeting Agenda
Wednesday	Multi-Purpose Room, Faith Lutheran Church
June 24, 2020	5550 Faith Drive
2:00 PM	Viera, FL 32955

Roll Call

Public Comment Period

Review and Acceptance of Fiscal Year 2019 Audit Report

Fiscal Year 2021 Budget Workshop – Golf Course Fund

Staff Reports

General Manager’s Report

District Manager’s Report

Approval of Insurance Commitments and Authorization to Execute Insurance Agreements - ADDED
Attorney

Treasurer’s Report – Consideration of Financial Statements

Approval of Check Register

Balance Sheet and Income Statement

Supervisor’s Requests

Adjournment

SECTION III

Viera East Community Development District

ANNUAL FINANCIAL REPORT

September 30, 2019

Viera East Community Development District ANNUAL FINANCIAL REPORT
September 30, 2019

TABLE OF CONTENTS

Page Number

REPORT OF INDEPENDENT AUDITORS MANAGEMENT'S DISCUSSION AND ANALYSIS BASIC FINANCIAL STATEMENTS
Government-wide Financial Statements
Statement of Net Position Statement of Activities
Fund Financial Statements
Balance Sheet  - Governmental  Funds Reconciliation of Total Governmental Fund Balances
to Net Position of Governmental Activities Statement of Revenues, Expenditures and Changes in
Fund Balances - Governmental Funds
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - General Fund
Statement of Fund Net Position - Enterprise Fund Statement of Revenues, Expenses and Changes in Fund
Net Position - Enterprise Fund Statement of Cash Flows - Enterprise Fund

Notes to Financial Statements

1-2

3-8

9
10

11

12

13

14

15
16

17
18

19-36

INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

MANAGEMENT LETTER

INDEPENDENT ACCOUNTANT'S REPORT/COMPLIANCE WITH SECTION 218.415, FLORIDA STATUTES

37-38

39-40

41

r ti Berger, Toombs, Elam,
Cf:$., Gaines & Frank
Certified Public Accounta nls     PL

600 Citrus Avenue
Suite 200
Fort Pierce, Florida 34950
772/461-6120 // 461-1155
FAX: 772/468-9278

REPORT OF INDEPENDENT AUDITORS

To the Board of Supervisors
Viera East Community Development District Brevard County, Florida

Report on the Financial Statements

Management's Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor's Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Accounting Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Fort Pierce /  Stu art

Member AICPA

Member AICPA 1Jiv1sion For CPA Firms Private Companies Practice S.ection

Member FICPA

!Kl Berger, Toombs, Elam,
'-QI Caines & Frank

To the Board of Supervisors
Viera East Community Development District

Opinion
In our opinion,.the financial statements referred to above present fairly, in all material respects,  the respective financial position of the governmental activities,  business-type  activities ,  and each major fund of the Viera East Community Development District as of September  30, 2019, and the respective changes in financial position and cash flows for the Enterprise Fund and the budgetary comparison for the General Fund for the year then ended in  conformity  with accounting principles generally accepted in the United States of America.

Other Matters
Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the Management's Discussion and Analysis be presented to supplement the basic financial statements. Such information, although not a part of the basic  financial  statements,  is required by Governmental Accounting Standards Board who considers it to be an essential  part  of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context.· We have applied certain limited procedures in accordance with governmental auditing standards generally accepted in the United States of America, which consisted principally of inquires of management regarding the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other  knowledge  we obtained during our audit  of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also  issued a report  dated  June 12, 2020 on our consideration of the District's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations and contracts.
The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to  provide  an  opinion  on internal control over financial reporting or on compliance. That report is an integral part  of  an audit performed in accordance with Government Auditing Standards in considering Viera East Community Development District's internal control over financial reporting and compliance.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida June 12, 2020

Management's discussion and analysis of Viera East Community Development District's (the "District") financial performance provides an objective and easily readable analysis  of  the District's financial activities. The analysis provides summary financial information for the District and should be read in conjunction with the District's financial statements.

OVERVIEW OF THE FINANCIAL STATEMENTS

The District's basic financial statements comprise three components; 1) Government-wide financial statements, 2) Fund financial statements, and 3) Notes to financial statements. The Government-wide financial statements present an overall picture of the District's financial position and results of operations. The Fund financial statements present financial information for the District's major funds. The Notes to financial statements provide additional information concerning the District's finances.

The Government-wide financial statements are the statement of net position and the statement of activities. These statements use accounting methods similar to those used by private-sector companies. Emphasis is placed on the net position of governmental activities and business-type activities and the change in net position. Governmental activities are primarily supported by special assessments. Business-type activities are supported by charges to the users of those activities, such as golf course a service charges.

The statement of net position presents information on all assets and liabilities  of the District, with the difference between assets and liabilities reported as net position.  Net  position  is reported in three categories; 1) net investment in capital assets,  2)  restricted  and  3) unrestricted. Assets, liabilities, and net position are reported for all Governmental activities separate from the assets, liabilities, and net position of business-type activities.

The statement of activities presents information on all revenues and expenses of the District and the change in net position. Expenses are reported by major function and program revenues relating to those functions are reported, providing the net cost of all functions provided by the District. To assist in understanding the District's operations, expenses have been reported as governmental activities or business-type activities. Governmental activities financed by the District include general government, physical environment, culture/recreation, and debt service. Business-type activities financed by user charges include golf course services.

Fund financial statements present financial information for governmental  funds  and  the enterprise fund. These statements provide financial information for the major  funds  of  the District. Governmental fund financial statements provide information on the current assets and liabilities of the funds, changes in current financial resources (revenues and expenditures), and current available resources. The enterprise fund financial statements provide information on all assets and liabilities of the funds, changes in the economic resources (revenues and expenses), and total economic resources.

OVERVIEW OF THE FINANCIAL STATEMENTS {CONTINUED)

Fund financial statements include a balance sheet and a statement  of  revenues,  expenditures and changes in fund balances for all governmental funds. A statement of revenues, expenditures, and changes in fund balances - budget and actual  is provided for the District's General Fund and Special Revenue Fund. For the enterprise fund, a statement of fund net position, a statement of revenues, expenses, and changes in fund net position; and a statement of cash flows are presented.  Fund  financial  statements  provide  more detailed information about the District's activities.  Individual  funds are established by the District to track revenues that are restricted to certain uses or to comply with legal requirements.

The government-wide financial statements and the fund financial statements provide different pictures of the District. The government-wide financial statements provide an overall picture of the District's financial standing, split between Governmental Activities and Business-type Activities. These statements are comparable to private-sector companies and give a good understanding of the District's overall financial health and how the District paid for the various activities, or functions, provided by the District. All assets of the District, including land and improvements are reported in the statement of net position. All liabilities, including principal outstanding on bonds are included. The statement of activities includes depreciation on all long-lived assets of the District, but transactions between the different functions of the District have been eliminated in order to avoid "doubling up" the revenues and expenses. The fund financial statements provide a picture of the major funds of the District. In the case of governmental activities, outlays for long lived assets are reported as expenditures and long-term liabilities, such as general obligation bonds, are not included in the fund financial statements. To provide a link from the fund financial statements to the government-wide financial statements, a reconciliation is provided from the fund financial statements to the government­ wide financial statements.

Notes to financial statements provide additional detail concerning the financial activities and financial balances of the District. Additional information about the accounting practices of the District, investments of the District, capital assets and long-term debt are some of the items included in the notes to financial statements.

Financial Highlights

The following are the highlights of financial activity for the year ended September 30, 2019:

The District's total liabilities exceeded total assets and deferred outflows of resources by
$(5,597,747) (net position). Net investment in capital assets for Governmental Activities was $(4,909,494). Net investment in capital assets for Business-type Activities was
$(1,658,189). Unrestricted net position  for Governmental  Activities  was  $433,436  and for Business-type Activities was $186,086. Restricted net position for Governmental Activities was $333,488 and Business-type Activities was $16,926.

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)

Financial Highlights (Continued)

Governmental activities revenues and transfers totaled $3,341,644, while governmental activities expenses totaled $1,754,454. Business-type Activities revenues totaled
$2,325,469 while Business-type Activities expenses and transfers totaled $2,046,767.

Financial Analysis of the District

The following schedule provides a summary of the assets, liabilities and net position of the District and is presented by category for comparison purposes.

Net Position

 	Governmental Activities	 	Business-type Activities	Total	
 	2019		2018		 	2019		2018		2019		2018	

Current assets	$	536,794	$	505,094	$	281,986	$	317,151	$	818,780	$	822,245	
Restricted assets	516,489	497,975	362,395	368,833	878,884	866,808	
Capital assets, net	 	1,565 ,816	1,940,545 	1,191,840	1,253,560	2,757,656	3,194,105	
Total Assets	2,619,099	2,943,614		1,836,221	1,939,544	4,455,320	4,883,158	
Deferred outflows	67660	90,213		159,029	187,085	226,689	277 298	
Current liabilities	2,327,224	2,223,901		571,244	573,728	2,898,468	2,797,629	
Non-currentliabilities	 	4,502,105	6,539,686	 	2,879,183	3,286,780	7,381,288	9,826,466	
Total Liabilities	6,829,329	8,763,587	3.450,427	3,860,508	10,279,756	12,624,095	
Net Position								
Net investment in							
capital assets	(4,909,494)	(6,528,844	)	(1,658,189)	(1,961,010)	(6,567,683)	(8,489,854)	
Restricted	333,488	269,365	16,926	17,192	350,414	286,557	
Unrestricted	 	433 436	529,719 	186 086	209,939	619,522	739,658	
Total Net Position	I	(4,142,570)  I	(5,729,760)	I  (1,455,177)   I (1,733,879!	I	(5,597,747)  I	(7,463,639)
The decrease in capital assets, net for governmental activities is the result of depreciation for the current year.

The decrease in non-current liabilities for governmental activities and business-type activities is primarily the result of principal payments made during the year.

The increase in net position is the result of revenues exceeding expenses in the current year.

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED}

Financial  Analysis of the District (Continued}

The following schedule provides a summary of the changes in net position of the District and is presented by category for comparison purposes.

Change in Net Position

2019	2018	2019	2018	2019	2018	
Charges for services	$ 3,246,025	$ 3,247,490	$ 2,285,799	$ 2,333,779	$ 5,531,824	$ 5,581,269	
General Revenues						
Investment earnings	9 ,442	5,816	966	804	10,408	6,620	
Miscellaneous	56,280	56,283	38,704	25,132	94984	81 415	
Total Revenues	3,311,747	3,309,589	2,325,469	2,359,715	5,637,216	5,669,304	

Expenses
General government	

321,716	

223,393			

321,716	

223,393	
Physical environment Interest on
long-term debt	965,521

467,217	1,029,185

571,675			965,521

467,217	1,029,185

571,675	
Golf course			2,016,870	2,014,782	2,016,870	2,014 ,782	
Total Expenses	1 754454	1,824,253	2,016,870	2,014,782	3,771,324	3,839,035	
Transfers	29 897	(36 ,668 )	(29,897)	36,668			
Change in Net Position	1,587,190	1,448,668	278,702	381,601	1,865,892	1,830,269	
Net Position - Beginning of Year	! 5.7 29,760)	17,178,428}	(1,733,879)	(2,115,480!	!7,463,639)	{9,293,908)	

Governmental Activities	Business- e Activities	Total

PrQ:gram Revenu §	

Net Position - End of Year	 i  (4,142,570}	i  (5,729,760}	fil (1,455,177}	i (1,733,879}	fil (5 597,747}	i (7,463,§39}
The increase in general government for governmental activities is primarily related to litigation expenses.

The decrease in physical environment expenses for governmental activities is the result of the  lake bank restoration in the prior year.

The decrease in government activities interest on long-term debt is primarily related to the reduction in outstanding debt.

OVERVIEW OF THE FINANCIAL STATEMENTS {CONTINUED)

Capital Assets Activity

The following schedule provides a summary of the District's capital assets as of September 30, 2019.

Description	Governmental
Activities	Business-type
Activities	
Total	

Land	$	$	872,830	$	872,830	
Infrastructure	10,561,792		10,561,792	
Improvements other than buildings	12,742	5,905,343	5,918,085	
Recreational facilities		773,247	773,247	
Equipment	266,629	1,426,293	1,692,922	
Accumulated depreciation	 	   (9,275,347 )	 	   (7,785,873)	 	(17,061,220)	
Total Capital Assets (Net)	 $	1,565,816	 $	1,191,840	$	2,757,656 The governmental activities capital assets activity in the current year includes depreciation of
$374,729.

Business-type activities changes in the current year include depreciation of $67,271, and capital asset additions of equipment, $5,550.

General Fund Budgetary Highlights

The budget exceeded actual expenditures for the year because  capital  outlay  expenditures were less than budgeted amounts.

The budget was amended for the year ended September  30, 2019, for transfers  not anticipated  in the original budget.

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)

Debt Management

Governmental Activities debt includes the following:

In February 2006, the District issued $15,000,000 Series 2006 Water Management Refunding Bonds. These bonds were issued to refund and retire the Water Management Refunding Bonds, Series 1996A and Water Management Bonds, Series 19968. As of September 30, 2019, the balance outstanding was $6,425,000.

In November 2017, the District entered into an equipment finance agreement to acquire a Rain Bird Pump Station. As of September 30, 2019, the balance outstanding was $126,455.

Business-type Activities debt includes the following:

In March 2012, the District issued $5,805,000 Series 2012 Special Assessment Revenue Refunding Bonds. These bonds were issued to refund and retire the Series 1996 Special Assessment Revenue Refunding Bonds. As of September 30, 2019 the balance outstanding was $3,305,000.

Economic Factors and Next Year's Budget

Viera East Community Development District does not expect any economic factors to have any significant effect on the financial position or results of operations of the District in fiscal year 2020.

Request for Information

The financial report is designed to provide a general overview of Viera East Community Development District's finances for all those with an interest. Questions concerning any of the information provided in this report or requests for additional information should be addressed to the Viera East Community Development District, GMS-CF, LLC, 219 East Livingston Street, Orlando, Florida 32801.

STATEMENT OF NET POSITION
September 30, 2019

Governmental	Business-type
 	Activities	Activities	Total	
ASSETS
Current Assets:
Cash and equivalents	$	313,878	$	63,371	$	377,249	
Investments	247,444		247,444	
Accounts receivable, net		4,805	4,805	
Inventory		96,966	96,966	
Prepaid expenses	12,488	79,828	92,316	
Internal balances	(37,016)	37,016		
Total Current Assets	536,794	281,986	818,780	
Non-Current Assets: Restricted assets:
Investments	516,489	362,395	878,884 Capital assets not being depreciated:
Land	872,830	872,830
Capital assets being depreciated:
Infrastructure	10,561,792		10,561,792	
Improvements other than buildings	12,742	5,905,343	5,918,085	
Recreation facilities		773,247	773,247	
Equipment	266,629	1,426,293	1,692,922	
Less: Accumulated depreciation	(9,275,347}	(7,785,873 }	(17,061,220 )	
Total Non-Current Assets	2,082,305	1,554,235	3,636,540	
Total Assets	2,619,099	1,836,221	4,455,320	
DEFERRED OUTFLOWS OF RESOURCES
Deferred amount on refunding	 	67,660	159,029	226,689 

LIABILITIES
Current Liabilities:
Accounts payable and accrued expenses	132,426		44,929		177,355	
Unearned revenues			50,285		50,285	
Customer deposits, payable from restricted assets			686		686	
Accrued interest	153,933		65,344		219,277	
Bonds payable	2,020,000		410,000		2,430,000	
Note payable	20,865				20,865	
Total Current Liabilities	2,327,224		571,244		2,898,468	
Non-Current Liabilities:
Bonds payable, net	
4,396,515		
2,879,183		
7,275,698	
Note payable	105,590				105,590	
Total Non-Current Liabilities	4,502,105		2,879,183		7,381,288	
Total Liabilities	 		6,829,329	 		3,450,427	 		10,279,756	

NET POSITION
Net investment in capital assets	(4,909,494)	{1,658,189)	{6,567,683)	
Restricted for debt service	333,488	16,926	350,414	
Unrestricted	 	433,436	186,086	619,522 	
Total Net Position	$	(4,142,570)	$	(1,455,177) $ (5,597,747)	

See accompanying notes to financial statements.

Viera East Community Development District STATEMENT OF ACTIVITIES
For the Year Ended September 30, 2019

Program	Net (Expense) Revenue and

Functions/Programs
Governmental Activities	
Expenses	Charges for Services	Governmental Activities	Business-type
Activities	Total	
General government	$	(321,716)	$	268,533	$	(53,183)	$	$	(53,183)	
Physical environment	(965,521)	543,303	(422,218)	(422,218)	
Interest on long-term debt	(467,217}	2,434,189	1,966,972	1,966,972	

 	Revenues		Changes in Net Position    	

Total Governmental Activities 	(1,754,454 ) 	3,246,025	1,491,571	1,491,571 Business-type activities
Golf course	$ (2,016,870)       $  2,285,799	268,929	268,929 

General revenues:
Investment earnings	9,442	966	10,408	
Miscellaneous revenues	 	56,280	38,704	94,984 	
Total General Revenues	 	65,722	39,670	105,392 	
Transfers	 	29,897		(29,897)    		
Change in Net Position	1,587,190	278,702	1,865,892	

Net Position - October 1, 2018	(5,729,760)	(1,733,879)	(7,463,639)	
Net Position - September 30, 2019  $	(4,142,570)	$	(1,455,177)	$ (5,597,747)

See accompanying notes to financial statements.
- 10 -

BALANCE SHEET -
GOVERNMENTAL FUNDS
September 30, 2019
Total
Debt	Governmental
ASSETS	General	Service	Funds	

Cash	$ 313,878	$	$	313,878	
Investments	247,444	247,444	
Due from other funds	25,029	25,029	
Prepaid expenses	12,488	12,488	
Restricted assets:			
Investments, at fair value		 		516,489			516,489 Total Assets	$   598,839	$  516,489	$	1,115,328

LIABILITIES AND FUND BALANCES
LIABILITIES
Accounts payable and accrued expenses	$  132,426	$	$	132,426	
Due to other funds	 	321  977	291 068		62 045	
Total Liabilities	1651 403	29.068	194 471	
FUND BALANCES
Nonspendable-prepaid	12,488		12,488	
Restricted for debt service		487,421	487,421	
Assigned capital reserves	273,041		273,041	
Unassigned	 147 907	147 907
Total Fund Balances		 433,436		487,421				920,857 Total Liabilities and Fund Balances	$   598,839	$  516,489	$		1,115,328

RECONCILIATION OF TOTAL GOVERNMENTAL FUND BALANCES TO NET POSITION OF GOVERNMENTAL ACTIVITIES
September 30, 2019

Total Governmental Fund Balances

Amounts reported for governmental activities in the Statement of Net Position are different because:

$	920,857

Capital assets being depreciated, infrastructure ($10,561,792), improvements other than buildings ($12,742) and equipment ($266,629), net of accumulated depreciation ($(9,275,347)) used in governmental activities are not current financial resources and, therefore, are not reported at the fund level.	

1,565,816	
Long-term liabilities, including bonds payable, {${6,425,000)), net of bond discounts, net, {$8,485) and note payable ($(126,455)) are not due and payable in the
current period and therefore, are not reported at the fund level.	

(6,542,970)	
Deferred outflows of resources are not current financial resources and therefore, are not reported at the fund level.	
67,660	
Accrued interest expense for long-term debt is not a current financial use and; therefore, is not reported at the fund level.	
(153,933)	
Net Position of Governmental Activities	$	(4 ,142 ,570 )	

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES -
GOVERNMENTAL FUNDS
For the Year Ended September 30, 2019

Revenues:

General

Debt Service

Total Governmental Funds

Special assessments	$ 811,836		$ 2,434,189		$	3,246,025	
Miscellaneous revenues	56,280				56,280	
Investment earnings	6,295		3,147		9,442	
Total Revenues	874,411		2,437,336		3,311,747	

Expenditures:
Current
General government	292,005	29,711	321,716	
Physical environment	590,792		590,792	
Debt service				
Principal	19,703	1,910,000	1,929,703	
Interest	 	7,878 	 	479,262 	 	487,140 	
Total Expenditures	 	910,378 	 	2,418,973 	 	3,329,351 	
Excess of revenues over/(under)				
expenditures	 	(35,967) 	 	18,363 	 	(17,604) 	

Other Financing Sources/(Uses)				
Transfers in	35,447		35,447	
Transfers out	      5,550)	 		(5,550)	
Total Other Financing Sources/(Uses)	9,897	 		29,897	

Net Change in Fund Balances

Fund Balances - October 1, 2018

(6,070)

 	439,506 

18,363

 	469,058 

12,293

 	908,564 

Fund Balances  - September 30, 2019	$   433,436	$	487,421	$	920,857

RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE
STATEMENT OF ACTIVITIES
For the Year Ended September 30, 2019

Net Change in Fund Balances - Total Governmental Funds	$	12,293 Amounts reported for governmental activities in the Statement of Activities are
different because:

Governmental funds report capital outlays as expenditures. However, in the Statement of Activities, the cost of those assets is allocated over their
estimated useful lives as depreciation. This is the amount of depreciation in the current period.

Principal payments are reported as expenditures in the governmental funds, but are reported as reductions of liabilities in the Statement of Net Position.

Deferred outflows of resources for refunding debt is recognized as a component of interest on long-term debt in the Statement of Activities, but not in the governmental funds. This is the amount of interest in the current year.

Amortization of bond discount reported in the Statement of Activities does not require the use of current financial resources and therefore, is not reported as an expenditure in governmental funds.

In the Statement of Activities, interest is accrued on outstanding bonds; whereas in governmental funds, interest expenditures are reported when due. This is the change in accrued interest during the current period.

Change in Net Position of Governmental Activities

(374,729)

1,929,703

(22,553)

(3,284)

 	45,760 

$ 1,587,190

See accompanying notes to financial statements.

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL - GENERAL FUND
For the Year Ended September 30, 2019

Variance with Final Budget
Original	Final	Positive

Revenues	 Budget	Budget	Actual	(Ne9ative		
Special assessments	$  808,156	$ 808,156	$  811,836	$	3,680	
Miscellaneous revenues	56,280	56,280	56,280	
Investment earnings	 	350	350	6,295	5,945	
Total Revenues	    864,786	864,786	874,411	9,625 	

Expenditures Current
General government	178,103	189,318	292,005	(102,687)	
Physical environment	703,610	605,514	590,792	14,722	
Capital outlay	100,000	100,000		100,000	
Debt service					
Principal			19,703	(19,703)	
Interest			7,878	(7,878)	
Total Expenditures	    981,713	894,832	910,378		(15,546)	
Excess of revenues over/(under)			
expenditures	(116,927) 	(30,046)	(35,967)    		(5,921)	

Other Financing Sources/(Uses)					
Transfers in	20,468	20,468	35,447	14,979	
Transfers out		(189,484)	(5,550)	183,934	
Total Other Financing Sources/(Uses)	 	20,468	(169,016)	29,897	198,913 

Net Change in Fund Balances	(96,459)	(199,062)	(6,070)	192,992

Fund Balances - October 1, 2018	 283,792	386,395	439,506	53,111 

Fund Balances - September 30, 2019	 $  187,333	$187,333	$ 433,436	$	246,103

Viera East Community Development District STATEMENT OF FUND NET POSITION - ENTERPRISE FUND
September 30, 2019

ASSETS
Current Assets
Cash and equivalents	$	63,371	
Accounts receivable	2,127	
Due from other funds	55,899	
Due from other governments	2,678	
Prepaid expenses	79,828	
Inventories	 	96,966 	
Total Current Assets	 	300,869 	
Non-Current Assets		
Restricted Assets
Investments	
362,395	
Capital Assets		
Land	872,830	
Improvements other than buildings	5,905,343	
Buildings	773,247	
Equipment	1,426,293	
Less: Accumulated depreciation	(7,785,873)	
Total Non-Current Assets	 	1,554,235 	
Total Assets	 	1,855,104 	

DEFERRED OUTFLOWS OF RESOURCES
Deferred amount on refunding

LIABILITIES
Current Liabilities

159,029

Accounts payable and accrued expenses	44,929	
Due to other funds	18,883	
Customer deposits payable from restricted assets	686	
Unearned revenues	50,285	
Accrued interest payable	65,344	
Bonds payable	410,000	
Total Current Liabilities	590,127	

Non-Current Liabilities Bonds payable
Total Liabilities

2,879,183

3,469,310

NET POSITION		
Net investment in capital assets	(1,658,189)	
Restricted for debt service	16,926	
Unrestricted	 	186,086 	

Total Net Position	$	(1,455,177)

STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION - ENTERPRISE FUND
For the Year Ended September 30, 2019

Operating Revenues:
Charges for services	
$ 1,702,274	
Miscellaneous revenues	 	38,704 	
Total Operating Revenues	 	1,740,978 	
Operating Expenses:		
Personal services	818,437	
Contractual and professional services	259,406	
Supplies and expenses	331,957	
Repairs and maintenance	56,694	
Utilities	72,517	
Rent and lease expense	214,664	
Depreciation	 	67,270 	
Total Operating Expenses	1,820,945	

Operating lncome/(Loss)	
 	(79,967) 	
Nonoperating Revenues/(Expenses)		
Special assessments	583,525	
Investment income	966	
Interest expense	(195,925)	
Total nonoperating revenues/(expenses)	 	388,566 	
Net Income before transfers	308,599	
Transfers in	5,550	
Transfers out	(35,447)	
Change in net position	278,702	
Net Position - October 1, 2018	(1,733,879)	
Net Position - September 30, 2019	$ (1,455,177)	

STATEMENT OF CASH FLOWS - ENTERPRISE FUND
For the Year Ended September 30, 2019

CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers	$ 1,691,180	
Receipts from other sources	38,704	
Payments to suppliers for goods and services	(1,156,640)	
Payments to employees for services	(a1s,437 l	
Net Cash Provided by Operating Activities	       (245,193)	

CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES
Transfers in Transfers out

Special assessment proceeds	583,525	
Acquisition and construction of capital assets	(5,550)	
Interest payments on long-term debt	(171,638)	
Principal payments on bonds payable	(395,000)	
Net Cash Provided/(Used) by Investing Activities	 	11,337 	

CASH FLOWS FROM INVESTING ACTIVITIES		
Proceeds from sales of investments	1,131,950	
Purchases of investments	(1,125,512)	
Interest on cash and investments	 	966 	
Net cash provided by investing activities	 	7,404 	
Net increase in cash and cash equivalents	(256,349)	
Cash and equivalents - October 1, 2018	 	319,720 	
Cash and equivalents - September 30, 2019	$	63,371	

RECONCILIATION OF OPERATING INCOME TO NET		

Net cash provided by noncapital financing activities	   CASH FROM CAPITAL AND RELATED FINANCING ACTIVITIES

5,550
(35,447)
(29,897)

CASH PROVIDED BY OPERATING ACTIVITIES
Operating income
Adjustments to reconcile operating income to net cash provided by operating activities:

$	(79,967)

Depreciation expense	67,270	
Increase in accounts receivable	(2,137)	
Increase in prepaid expenses	(56,120)	
Increase in inventories	(11,201)	
Increase in due from other funds	(21,608)	
Decrease in accounts payable and accrued expenses	(2,355)	
Decrease in due to other funds	(130,118)	
Decrease in customer deposits	(1,791)	
Decrease in unearned revenues	(7,166)	

Net Cash Provided by Operating Activities	$	(245,193)

See accompanying notes to financial statements.

The financial statements of the District have been prepared in conformity with generally accepted accounting principles (GAAP) as applied to governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The District's more significant accounting policies are described below.

Reporting Entity

The District was established on April 16, 1991, pursuant the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended (the "Act") , as a Community Development District. The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of the infrastructure necessary for community development within its jurisdiction . The District is authorized to issue bonds for the purpose, among others, of financing, funding, planning, establishing, acquiring, constructing or re-constructing, enlarging or extending, equipping, operating and maintaining water management, bridges or culverts, district roads, landscaping, street lights and other basic infrastructure projects within or without the boundaries of the Viera East Community Development District. The District is governed by a five-member Board of Supervisors who are elected by qualified electors of the District for four year terms. The District operates within the criteria established by Chapter 190.

As required by GAAP, these financial statements present the Viera East Community Development District (the primary government) as a stand-alone government. The reporting entity for the District includes all functions of government in which the District's Board exercises oversight responsibility including, but not limited to, financial interdependency, selection of governing authority, designation of management, significant ability to influence operations and accountability for fiscal matters.

Based upon the application of the above-mentioned criteria as set forth by the Governmental Accounting Standards, the District has identified no component units.

Measurement Focus and Basis of Accounting

The basic financial statements of the District are composed of the following:

Government-wide financial statements

Fund financial statements

Notes to financial statements

Government-wide Financial Statements

Government-wide financial statements report all non-fiduciary information about the reporting government as a whole. These statements include separate columns for the governmental and business-type activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.

Governmental activities, which normally are supported by special assessments and interest, are reported separately from business-type activities. Program revenues include charges for services and grants and contribution. Program revenues are netted with program expenses in the Statement of Activities to present the net cost of each program.

Amounts paid to acquire capital assets are capitalized as assets, rather than reported as an expenditure. Proceeds of long-term debt are recorded as liabilities in the government-wide financial statements, rather than as an other financing source.

Amounts paid to reduce long-term indebtedness of the reporting government are reported as a reduction of the related liability, rather than as an expenditure.

Fund Financial Statements

The underlying accounting system of the District is organized and operated on the basis of separate funds, each of which is considered to be a separate accounting entity. The operations of each fund are accounted for with a separate set of self-balancing accounts that comprise its assets, liabilities, fund equity, revenues and expenditures or expenses, as appropriate. Governmental resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled.

Fund financial statements for the primary government's governmental funds are presented after the government-wide financial statements. These statements display information about major funds individually.

Governmental Funds

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are considered to be available when they are collected within the current period or soon thereafter to pay liabilities of the current period. For this purpose, the District considers revenues to be available if they are collected within 60 days of the end of the current fiscal period.

Expenditures generally are recorded when a liability is incurred, as under accrual accounting. Interest associated with the current fiscal period is considered to be an accrual item and so has been recognized as revenue of the current fiscal period.
Under the current financial resources measurement focus, only current assets and current liabilities are generally included on the balance sheet. The reported fund balance is considered to be a measure of "available spendable resources". Governmental fund operating statements present increases (revenues and other financing sources) and decreases (expenditures and other financing uses) in net position. Accordingly, they are said to present a summary of sources and uses of "available spendable resources" during a period.
Because of their spending measurement focus, expenditure recognition for governmental fund types excludes amounts represented by non-current liabilities. Since they do not affect net current assets, such long-term amounts are not recognized as governmental fund type expenditures or fund liabilities.
Amounts expended to acquire capital assets are recorded as expenditures in the year that resources are expended, rather than as fund assets. The proceeds of long-term debt are recorded as other financing source rather than as a fund liability.
Debt service expenditures are recorded only when payment is due.
The District classifies fund balance according to Governmental Accounting Standards Board Statement 54 - Fund Balance Reporting and Governmental Fund Type Definitions. The Statement requires the fund balance for governmental funds to be reported in classifications that comprise a hierarchy based primarily on the extent to which the government is bound to honor constraints on the specific purposes for which amounts in those funds can be spent.
The District has various policies governing the fund balance classifications.
Nonspendable Fund Balance - This classification consists of amounts that cannot be spent because they are either not in spendable form or are legally or contractually required to be maintained intact.
Restricted Fund Balance - This classification includes amounts that can be spent only for specific purposes stipulated by constitution, external resource providers, or through enabling legislation.
Assigned Fund Balance - This classification consists of the Board of Supervisors' intent to be used for specific purposes, but are neither restricted nor committed. The assigned fund balances can also be assigned by the District's management company.

Unassigned Fund Balance - This classification is the residual classification for the government's general fund and includes all spendable amounts not contained in the other classifications. Unassigned fund balance is considered to be utilized first when an expenditure is incurred for purposes for which amounts in any of those unrestricted fund balance classifications could be used.

Fund Balance Spending Hierarchy - For all governmental funds except special revenue funds, when restricted, committed, assigned, and unassigned fund balances are combined in a fund, qualified expenditures are paid first from restricted or committed fund balance, as appropriate, then assigned and finally unassigned fund balances.

Enterprise Funds

In the fund financial statements, the enterprise fund is presented using the accrual basis of  accounting.    Revenues  are  recognized  when  they  are  earned  and  expenses  are recognized when the related goods or services are delivered. In the fund financial statements, enterprise funds are presented using the economic resources measurement focus. This means that all assets and all liabilities (whether current or non-current) associated with their activity are included on their balance sheets. Enterprise fund operating statements present increases (revenues) and decreases (expenses) in total net position. The District applies all GASS pronouncements as well as FASS Statements and Interpretations, APB Opinions and Accounting Research Bulletins, issued on or before November 30, 1989, which do not conflict with, or contradict, GASS pronouncements.

Basis of Presentation
Governmental Major Funds
General Fund - The General Fund is the District's primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund.
Debt Service Fund - The Debt Service Fund accounts for debt service requirements to retire the revenue and refunding bonds.
Enterprise Major Fund
Enterprise Fund - The Enterprise Fund accounts for the operations of the Golf Course, Pro Shop and Restaurant, which are funded by proceeds from operations of these facilities, including green fees, cart fees and member dues in the form of annual special assessments.

Non-current Governmental Assets/Liabilities

GASB Statement 34 requires that non-current governmental assets, such as land and buildings, and non-current governmental liabilities, such as general obligation bonds, be reported in the governmental activities column in the government-wide Statement of Net Position.

Assets, Liabilities, and Net Position or Equity

Cash and Investments

Florida Statutes require state and local governmental units to deposit monies with financial institutions classified as "Qualified Public Depositories," a multiple financial institution pool whereby groups of securities pledged by the various financial institutions provide common collateral from their deposits of public funds. This pool is provided as additional insurance to the federal depository insurance and allows for additional assessments against the member institutions, providing full insurance for public deposits.
The District is authorized to invest in those financial instruments as  established  by Section 218.415, Florida Statutes. The authorized investments consist of:
Direct obligations of the United States Treasury;
The Local Government Surplus Funds Trust or any intergovernmental investment pool authorized pursuant to the Florida lnterlocal Cooperative Act of 1969;
Interest-bearing time deposits or savings accounts in authorized qualified public depositories;
Securities and Exchange Commission, registered money market funds with the highest credit quality rating from a nationally recognized rating agency.
For purposes of the statement of cash flows, cash equivalents include time deposits, certificates of deposit and all highly liquid debt instruments with original  maturities  of  three months or less and held in a qualified public depository as defined by Chapter 280.02, Florida Statutes.
Receivables and Payables

Activity between funds that are representative of lending/borrowing arrangements outstanding at the end of the fiscal year are referred to as "due to/from other funds". Any residual balances outstanding between the governmental activities and business­ type activities are reported as "internal balances".

Inventories

Inventories are recorded at cost using the first in-first out basis and recognized as expenses as they are consumed.

4. Assets, Liabilities, and Net Position or Equity {Continued}

Restricted Assets
Certain assets of the District and a corresponding liability or portion of net position is classified as restricted assets on the statement of net position because their use is limited either by law through constitutional provisions or enabling legislation; or by restrictions imposed externally by creditors. In a fund with both restricted and unrestricted assets, qualified expenses are considered to be paid first from restricted net position and then from unrestricted net position.

Capital Assets
Capital assets, which include land, infrastructure, recreation facilities, improvements other than buildings and equipment, are reported in governmental activities.
The District defines capital assets as assets with an initial, individual cost of $5,000 or more and an estimated useful life in excess of two years. The valuation basis for all assets is historical cost.
The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend its useful life are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.
Depreciation of capital assets is computed and recorded by utilizing the straight-line method. Estimated useful lives of the various classes of depreciable capital assets are as follows:

Budgets

Infrastructure
Improvements other than buildings Recreational facilities
Equipment

30 years
15 years
20 years
3-7 years

Budgets are prepared and adopted after public hearings for the governmental funds, pursuant to Chapter 190 Florida Statutes. The District utilizes the same basis of accounting for budgets as it does for revenues and expenditures in its various funds. Formal budgets are adopted for the general fund. The legal level of budgetary control is at the fund level. As a result, deficits in the budget columns of the accompanying financial statements may occur. All budgeted appropriations lapse at year end.
Deferred Outflows of Resources
Deferred outflows of resources represent a consumption of net position that applies to future periods. The District reported a deferred amount on refunding on the Statement of Net Position. A deferred amount on refunding results from the difference in the carrying value of refunded debt and its reacquisition price. This amount is deferred and amortized over the shorter of the life of the refunded or refunding debt.

NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

4. Assets, Liabilities, and Net Position or Equity (Continued)

Unamortized Bond Discount

Bond discounts are presented on the government-wide financial statements. The costs are amortized over the life of the bonds. For financial reporting, the unamortized bond discount is netted against the applicable long-term debt.

NOTE	B   -		RECONCILIATION   OF  GOVERNMENT-WIDE  AND	FUND	FINANCIAL STATEMENTS

1. Explanation of Differences Between the Governmental Fund Balance Sheet and the Government-wide Statement of Net Position

"Total fund balances" of the District's governmental funds, $920,857 differs from "net position" of governmental activities, $(4,142,570), reported in the Statement of Net Position. This difference primarily results from the long-term economic focus of the Statement of Net Position versus the current financial resources focus of the Governmental Fund Balance Sheet. The effect of the differences is illustrated as follows:

Capital related items
When capital assets (improvements and infrastructure that are to be used in governmental activities) are purchased or constructed, the cost of those assets is reported as expenditures in governmental funds. However, the Statement of Net Position included those capital assets among the assets of the District as a whole.

Infrastructure	$	10,561,792	
Improvements other than buildings	12,742	
Equipment	266,629	
Accumulated depreciation	 	(9,275,347)	
Total	$	1,565.816	

Long-term debt transactions
Long-term liabilities applicable to the District's governmental activities are not due and payable in the current period and accordingly are not reported as fund liabilities. All liabilities (both current and long-term) are reported in the Statement of Net Position. Balances at September 30, 2019 were:

Bonds payable	$	(6,425,000)	
Bond discount, net	8,485	
Note payable	 	(126,455)	
Total	$	(6,542,970)	

NOTE	B   -		RECONCILIATION   OF  GOVERNMENT-WIDE  AND	FUND	FINANCIAL STATEMENTS {CONTINUED)

Explanation of Differences Between the Governmental Fund Balance Sheet and the Government-wide Statement of Net Position {Continued)

Deferred outflows of resources

Deferred outflows of resources applicable to the District's governmental activities are not financial resources and therefore, are not reported as fund deferred outflows of resources.

Deferred amount on refunding

Accrued interest

$	67,660

Accrued liabilities in the Statement of Net Position differ from the amount reported in governmental funds due to the accrued interest on bonds.

Accrued interest	$	'153,933)
Explanation of Differences Between the Governmental  Fund  Operating  Statements and the Statement of Activities

The "net change in fund balances" for government funds, $12,293, differs from the "change in net position" for governmental activities, $1,587,190, reported in the Statement of Activities. The differences arise primarily from the long-term economic focus of the Statement of Activities versus the current financial resources focus of the governmental funds. The effect of the differences is illustrated below.

Capital related items

When capital assets that are to be used in governmental activities are purchased or constructed, the resources expended for those assets are reported as expenditures in governmental funds. However, in the Statement of Activities, the costs of those assets is allocated over their estimated useful lives and reported as depreciation. As a result, fund balances decrease by the amount of financial resources expended, whereas net position decrease by the amount of depreciation charged for the year.

Depreciation	$	(374,729)

NOTE   B	-		RECONCILIATION  OF	GOVERNMENT-WIDE  AND	FUND	FINANCIAL STATEMENTS (CONTINUED)
2. Explanation of Differences Between  the  Governmental  Fund  Operating  Statements and the Statement of Activities (Continued)
Long-term debt transactions
Repayments of bond principal are reported as an expenditure in the governmental funds and, thus, have the effect of reducing fund balance because current financial resources have been used.

Principal payments	$	1,929,703	
Amortization of bond discount	 	(3,284)	
Total	$	1,926.419	
Some expenses reported in the Statement of Activities do not require the use of current financial resources, therefore, are not reported as expenditures in governmental funds.

Net change in accrued interest payable	$	45,760	
Decrease in deferred amount on refunding	(22.553)	
Total	$	23.207	
NOTE C - CASH AND INVESTMENTS
All deposits are held in qualified public depositories and are included on the accompanying balance sheet as cash and investments.

Custodial Credit Risk - Deposits
Custodial credit risk is the risk that in the event of a bank failure, the District's deposits may not be returned to it. The District does not have a formal deposit policy for custodial credit risk, however, they follow the provisions of Chapter 280, Florida Statutes regarding deposits and investments. As of September 30, 2019, the District's bank balance was $462,540 and the carrying value was $376,249 Exposure to custodial credit risk was as follows. The District maintains all deposits in a qualified public depository in accordance with the provisions of Chapter 280, Florida Statutes, which means that all deposits are fully insured by Federal Depositors Insurance or collateralized under Chapter 280, Florida Statutes.

As of September 30, 2019, the District had the following investments and maturities:

Investment	Maturities	Fair Value

SBA Local Gov't Surplus Trust Fund
Florida Prime	37 days*	$	247,444	
Money Market Account 5 - CT	N/A	 	878,884 	
Total		$ 1,126,328	

* Weighted Average Maturity

NOTE C - CASH AND INVESTMENTS (CONTINUED)

The District categorizes its fair value measurements within the fair value hierarchy recently established by generally accepted accounting principles.  The fair  value  is  the price that would be received to sell an asset, or paid to transfer a liability, in an orderly  transaction  between market participants at the measurement date. The hierarchy is based  on the valuation  inputs used to measure the fair value of the asset. The District uses a market  approach  in measuring fair value that uses prices and other relevant information generated by market transactions involving identical or similar assets, liabilities, or groups of assets and liabilities.

Assets or liabilities are classified into one of three levels. Level 1 is the most reliable and is based on quoted price for identical assets, or liabilities, in an active market. Level 2 uses significant other observable inputs when obtaining quoted prices for identical or similar assets, or liabilities, in markets that are not active. Level 3 is the least reliable and uses significant unobservable inputs that uses the best information available under the circumstances, which includes the District's own data in measuring unobservable inputs.

Based on the criteria in the preceding paragraph, the investment in Money Market 5 - CT is a Level 1 asset.

Investments

The District's investment policy allows management to invest funds in investments permitted under Section 218.415, Florida Statutes.

Cash placed with the State Board of Administration represents the District's participation in the Local Government Surplus Trust Funds Investment Pool and is reported at fair value.

Interest Rate Risk

The District does not have a formal investment policy that limits investment maturities  as  a means of managing its exposure to fair value losses arising from increasing interest rates.

Credit Risk

The District's investments are limited by state  statutory  requirements  and  bond  compliance. The District has no investment policy that would further limit its investment choices. As of September 30, 2019, the District's investment in SBA Local  Government  Surplus Trust  Fund was rated AAAm by Standard & Poor's.

Concentration of Credit Risk

The District places no limit on the amount it may invest  in any one issuer.  The investment  in SBA Florida Prime represents 22% of the District's total investments. The remaining 78% is invested in Money Market Account 5- CT.

The types of deposits and investments and their level of risk exposure  as  of  September  30, 2019 were typical of these items during the fiscal year then ended. The District considers any decline in fair value to be temporary.

NOTED - CAPITAL ASSETS
Capital asset activity for the year ended September 30, 2019 was as follows:

Governmental Activities:
Capital assets, being depreciated:

Balance	Balance
October 1,	September 30,
2018	Additions	Deletions	2019

Infrastructure	$ 10,561,792	$	$	$10,561,792	
Improvements other than buildings	12,742	12,742	
Equipment	266,629	266,629	

Infrastructure	(8,768,593)	(352,060)	(9,120,653)	
Improvements other than buildings	(12,742)		(12,742)	
Equipment	(119,2831	!22,669 1	!141,952)	
Total Accumulated Depreciation	(8,900,618)	(374,729)	!9,275,3471	

Total Capital Assets, Being Depreciated	 	10,841,163	10,841,163 Less accumulated depreciation for:

Total Capital Assets Depreciated, Net	 	$   1,940,545	$  !374,729)	$	$ 1,565,816

Depreciation was charged to physical environment, $374,729.

Business-t yJe Activities:
Capital assets, not being depreciated:

Balance	Balance
October 1,	September 30,
 	2018	Additions	Deletions	2019	

Improvements other than building	5,905,343	5,905,343	
Recreation facilities	773,247	773,247	
Equipment	 	1,420,743	5,550	1,426,293 	
Total Capital Assets, Being Depreciated	 	8,099,333	5,550	8,104,883 	
Less accumulated depreciation for: Improvements other than building	

(5,589,044)	(31,382)	(5,620,426)	
Recreation facilities	(773,247)	(773,247)	
Equipment	 	(1,356,312)	(35,888)	(1,392,200) 	
Total accumulated depreciation	 	(7,718,603)	(67,270)	(7,785,873) 	
Total capital assets depreciated, net	380,730	(61,720)	319,010	

Business-type Activities Capital Assets	
 	$ 1,253,560	$	(61,720)       $	$ 1,191,840 	

Land	 	$	872,830	$	$	$	872,830 Capital assets, being depreciated:

Depreciation was charged to the golf course, $67,270.

NOTE E - LONG-TERM DEBT

The following is a summary of debt activity for the District for the year ended September  30,  2019.

Governmental Activities
Water Management Refunding

Balance	Balance
October 1,	September 30,
 	2018	Additions	Reductions	2019	

Bonds Series 2006	$	8,335,000	$	$ (1,910,000)	$	6,425,000
Notes Payable	146,148	(19,703)	126,445

Governmental Activities Long-term Debt	 $	8,481,148	$	$ (1,929,703)	$	6,551,445 

Business-type Activities Special Assessment Revenue
Refunding Bonds Series 2012	$	3,700,000	$
-====

$	(395,000)	$	3,305,000

Long-term debt is comprised of the following: Water Management Refunding Bonds Governmental Activities:

$15,000,000  Series  2006 Water Management  Refunding Bonds
due in annual principal installments beginning May 2015, maturing in May 2022. Interest at a rate of 5.75% is due May 1 and  November   1  beginning  May  2006.  Current   portion  is
$2,020,000.

Bond discount, net
Bonds Payable, Net

The District entered into an equipment finance agreement to acquire a Rain Bird Pump Station on November 15, 2017. The agreement requires 84 monthly payments of $2,298. The first payment is due on the date the equipment is delivered and the remaining payments are due on the same day of  each subsequent month. Current portion is $20,865.

$	6,425,000

(8.485)
$	6.416,515

$	126.455 

NOTE E - LONG-TERM DEBT (CONTINUED}

The annual requirements to amortize the principal and interest of bonded debt outstanding as of September 30, 2019 are as follows:

Year Ending September 30,

 	Governmental Activities

 	Principal	Interest	Total	

2020	$ 2,020,000	$	369,438	$ 2,389,438	
2021	2,140,000	253,288	2,393,288	
2022	2,265.000	130,238	2.395.238	
Totals	$ 6.425.000	$	752.964	$ 7,177.964	

Significant Bond Provisions

The Series 2006 Bonds were issued to currently refund and redeem the Water Management Refunding Bonds, Series 1996A and Water Management Bonds, Series 19968.  The  District levies special assessments pursuant to Section 190.022, Florida Statutes and the assessment rolls are approved by resolutions of the District Board. The collections are  to  be  strictly accounted for and applied to the debt service of the bond series for which they were levied. The District covenants to levy special assessments in annual amounts adequate to provide for payment of principal and interest  on the bonds.  Payment  of principal and interest is dependent on the money available in the debt service fund and the District's ability to collect special assessments levied.

The Series 2006 Bonds are not subject to redemption at the option of the District prior to their maturity. The bonds are subject to extraordinary mandatory redemption prior  to  maturity,  in whole on any date, or in part on an interest payment date, together with accrued interest to the redemption date if monies are available to retire the debt in accordance with  the  provisions  of the indenture.

Depository Funds

The Bond Indenture establishes certain funds  and determines  the order in which  revenues  are to be deposited into these funds.  A description  of the significant funds, including their purposes, is as follows:

Reserve Fund - The Bond Indenture provides for a surety bond to be obtained in place of funding for the Debt Service Reserve Fund (the "Reserve Fund"). The Debt Service Reserve Fund Surety Bond constitutes a Debt Service Reserve Fund Insurance Policy  under  the  Bond Indenture. The District has obtained  the required  bonding and is in compliance  with  the reserve requirement.

NOTE E- LONG-TERM DEBT (CONTINUED)

The annual requirements to amortize the principal and interest of notes payable outstanding as of September 30, 2019 are as follows:

Governmental Activities

Year Ending
September 30,	 	Principal	 	Interest	Total	

2020	$	20,865	$	6,717	$	27,582	
2021	22,095	5,487	27,582	
2022	23,397	4,184	27,581	
2023	24,776	2,805	27,581	
2024	26,237	1,345	27,582	
2025	 	9,084	108	9,192
Totals	 	$	126,454	$	20,646	$	147,100 Business-Type Activities:

Special Assessment Revenue Refunding Bonds
$5,805,000 Series 2012 Special  Assessment  Revenue Refunding Bonds due in annual principal installments beginning May 2013, maturing in May 2026. Interest at various rates between 2.5% and 5.0% is due May 1 and  November  1 beginning May 2012. Current portion is $395,000.

Bond discount, net
Bonds Payable, Net

$	3,305,000
{15,817)
$	3.289,183

NOTE E - LONG-TERM DEBT (CONTINUED)

The annual requirements to amortize the principal and interest of bonded debt outstanding as of September 30, 2019 are as follows:

Business-type Activities

Year Ending
September 30,	 	Principal	 	Interest	Total	

2020	$	410,000	$	156,825	$	566,825	
2021	425,000	140,425	565,425	
2022	445,000	121,831	566,831	
2023	470,000	101,250	571,250	
2024	490,000	77,750	567,750	
2025-2026	 	1,065,000	80,500	1,145,500
Totals	 	$  3,305,000	$	678,581	$  3,983,581

Significant Bond Provisions      

The Series 2012 Bonds were issued to currently refund and redeem the Special Assessment Revenue Refunding Bonds, Series 1996. The District leviias special assessments pursuant to Section 190.022, Florida Statutes and the assessment rolls are approved by resolutions of the District Board. The collections are to be strictly accounted for and applied to the debt service  of the bond series for which they  were levied.  The District covenants  to levy special  assessments in annual amounts adequate to provide for payment of principal and interest on the bonds. Payment of principal and interest is dependent on the money available  in  the  enterprise  fund and the District's ability to collect special assessments levied.

The Series 2012 Bonds maturing prior to May  1,  2022 are not subject to redemption  at the  option of the District prior to their maturity. The bonds maturing on or after May 1, 2023  are subject to redemption prior to maturity at the option of the District at any time after May 1, 2022. The bonds are subject to mandatory redemption requirements in the manner  outlined  in  the Bond Indenture.

Depository Funds

The bond resolution establishes certain funds  and determines  the order in which  revenues  are to be deposited into these funds. A description of the significant  funds, including  their purposes, is as follows:

Reserve Fund - The Series 2012 Special Assessment Revenue Refunding Bonds Reserve Account is funded from the proceeds of the Bonds in an amount equal to fifty percent of the Maximum Annual Debt Service Requirement. Monies held in the reserve accounts will be used only for the purpose established in the Bond Indenture.

NOTE E- LONG-TERM DEBT (CONTINUED)

The following is a schedule of required reserve deposits as of September 30, 2019:

Reserve
 	Balance	

Reserve Requirement

Special Assessment Revenue Refunding Bonds Series 2012	$	280,513	$	280,125

NOTE F - OPERATING LEASES

The District leases golf carts and equipment under various operating lease agreements.  The lease terms range from 48 to 84 months. During the year, golf cart and equipment lease  payments totaled $189,153. The future estimated minimum lease payments for years ending September 30, are as follows:

Year Ending September 30,
2020
2021
2022
2023
2024

Total

Future Minimum Lease Payments
$	196,765
138,013
27,671
2,976
1,488

$	366,913

NOTE G - SPECIAL ASSESSMENT REVENUES
Assessments are non-ad valorem assessments on benefitted property within the District. Operating and Maintenance Assessments are based  upon adopted  budget  and levied annually at a public hearing of the District. Debt Service Assessments are levied when bonds are issued and collected annually. The District may collect assessments directly or utilize  the  uniform method of collection (Chapter 197.3632, Florida Statutes).  Direct  collected  assessments  are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are due and payable on November  1  or as soon as the assessment roll is certified and delivered to  the  Tax  Collector.  Per  Section 197.162, Florida Statutes, discounts are allowed for early payment at the rate  of  4%  in November, 3% in December, 2% in January, and 1% in February. Taxes paid in March are  without discount.

Assessments and interest associated with the current fiscal period are all considered to be susceptible to accrual and so have been recognized as revenues of the current  fiscal period.  Only the portion of assessments receivable due within the current  fiscal period is considered  to be susceptible to accrual as revenue of the current period. All other revenue  items  are considered to be measurable and available only when cash is received by the government.

NOTE H - RISK MANAGEMENT

The government is exposed to various risks of loss related to torts; theft of, damage to and destruction of assets; errors and omissions; and natural disasters for which the government carries commercial insurance. Settled claims from these risks have not exceeded commercial insurance coverage over the past three years.

NOTE I - DEFICIT FUND EQUITY

At September 30, 2019, the District had an accumulated deficit in the enterprise fund. The accumulated deficit arose primarily from depreciation expense, which is a non-cash item. It is expected that the deficit will be eliminated in subsequent periods through charges for services, including benefit assessments.

NOTE J - INTERFUND BALANCES

lnterfund claims at September 30, 2019 consisted of the following:

 	  Payable Fund   	

Receivable Fund	
General Fund	Debt Service
Fund	Enterprise
Fund	
Total	
General Fund	$	$	6,146	$	18,883	$	25,029	
Enterprise Fund	32,977	22,922		55,899	
Total	 $	32,977	$	29,068	$	18,883	$	80,928

lnterfund balances are due to expenditures that are paid by one fund on behalf of another fund or allocated to multiple funds.

lnterfund transfers at September 30, 2019 consisted of the following:

 	Transfers Out	

 Transfers In	

General Fund

Enterprise
 	Fund	 	Total	

Enterprise Fund

$	5,550	$

$	5,550

General Fund Total

 	35,447 	35,447 
$	5,550	$	35,447	$	40,997

The transfer from the General Fund to the Enterprise Fund was to provide funding for capital assets for the Golf Course. The transfer from the Enterprise Fund to the General Fund was  to fund operations.

NOTE K - MANAGEMENT AGREEMENTS

The District has contracted with a management company to perform  management  services, which include financial and accounting services. Certain employees of  the  management company also serve as officers of the District.

NOTE L - OTHER INFORMATION

In August 2015, the District entered into a lease agreement for its restaurant facilities effective October 1, 2015. The original lease was for a three-year period terminating on September 30, 2018, with an option to extend for two one year periods. The base rent for the first year is set to zero. For year two to three, the tenant will pay 8% of gross sales, not including sales tax. If the lease is extended, the payment will increase to 10% of gross sales. The lease was amended in April 2016 to provide for a rent reduction of $34,036 over the remaining term of the lease, and an additional lease year. The rent reduction term is the period in which the tenant will receive a temporary rent reduction based on a formula specified in the lease until the rent reduction amount is reduced to zero. During the rent reduction term, the tenant will pay 4% of gross sales, not including sales tax through September 30, 2018. If the lease is extended for one year, the payment will increase to 6% of gross sales. After the expiration of the rent reduction term, the percentage rent will return to 6% through September 30, 2018 and 10% for a subsequent year, if any. During the current fiscal year, the District extended the lease through September 30, 2019. During a prior fiscal year, in accordance with the terms of the lease, the District received
$2,000 from the tenant for use of equipment, and a security deposit of $8,000. Rental revenues  for the current fiscal year were $15,231.

£l Berger, Toombs, Elam, (	Gaines & Frank
Certlfle d Public Accountants	PL
600 Citrus Avenu e Suite 200
Fort Pierce,  Florida 34950
772/461-6120 // 461-1155
FAX: 772/468-9278

INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE  WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Viera East Community Development District Brevard County, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of Viera East Community Development District, as of and for the year ended September 30, 2019, and the related notes to the financial statements, and have issued our report thereon dated June 12, 2020.

Internal Control Over Financial Reporting

In planning and performing our audit, we considered Viera East Community Development District's internal control over financial reporting to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of Viera East Community Development District's internal control. Accordingly, we do not express an opinion on the effectiveness of Viera East Community Development District's internal control over financial reporting.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, mater.ial weaknesses may exist that have not been identified.

Member AICPA

Fort Pierce / Stuart

Member AICPA D lion For CPA Firms Private Companies Practice Section

Member FICPA

d:b Berger, Toombs, Elam,
qj1	Gaines & Frank

To the Board of Supervisors
Viera East Community Development District

Compliance and Other Matters

As part of obtaining reasonable assurance about whether Viera East Community Development District's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the  determination  of financial statement amounts. However, providing an opinion  on  compliance  with  those provisions was not an objective of our audit, and accordingly, we do not  express  such  an opinion. The results of our tests disclosed no instances of noncompliance or other matters  that are required to be reported under Government Auditing Standards.

Purpose of this Report

The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity's internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida June 12, 2020

- 38 ,.

r tt Berger, Toombs, Elam,
Co-, Gaines & Frank
Certified Public Account:ants	PL

600 Citrus Avenue
Suite 200
Fort  Pierce,  Florida 34950
772/461-6120 // 461-1155
FAX: 772/468-9278

MANAGEMENT LETTER

To the Board of Supervisors
Viera East Community Development District Brevard County, Florida

Report on the Financial Statements

We have audited the financial statements of the Viera East Community Development District as of and for the year ended September 30, 2019, and have issued our report thereon dated June, 12, 2020.

Auditor's Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States; the standards applicable to financial audits  contained  in  Government  Auditing Standards, issued by the Comptroller General of the United  States  and Chapter  10.550,  Rules of the Florida Auditor General.

Other Reporting Requirements

We have issued our Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards and our Independent Auditor's Report on an examination conducted in accordance with A/CPA Professionals Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated June 12, 2020, should be considered in conjunction with this management letter.

Prior Audit Findings

Section 10.554(1)(i)1., Rules of the Auditor General, requires that we determine whether or not corrective actions have been taken to address findings and recommendations made in the preceding financial audit report. The following findings or recommendations were included in the preceding financial audit report.

2018-01

Finding: Response: Status:

The actual expenditures in the General Fund exceeded the budget which is a violation of Section 189.016, Florida Statutes.

Management will review spending to ensure that expenditures do not exceed appropriations in the future.

The finding was corrected in the current year.

Fort Pierce  / Stuart

Member AICPA

Member AICPA o §toi'l For CPA Firms Private Companies Practice Section

Member FICPA

Berger, Toombs, Elam,

'QI	Gaines & Frank

To the Board of Supervisors
Viera East Community Development District

Financial Condition and Management

Section 10.554(1)(i)5.a. and 10.556(7), Rules of the Auditor General, require us to apply appropriate procedures and communicate the results of our determination as to whether or not Viera East Community Development District has met one or more of the conditions described in Section 218.503(1), Florida Statutes, and to identify the specific conditions met In connection with our audit, we determined that Viera East Community Development District did not meet any of the conditions described in Section 218.503(1) Florida Statutes.

Pursuant to Sections 10.554(1)(i)5.c. and 10.556(8), Rules of the Auditor General, we applied financial condition assessment procedures for Viera East Community Development District. It is management's responsibility to monitor the Viera East Community Development District's financial condition; our financial condition assessment was based in part on the representations made by management and the review of the financial information provided by the same as of September 30, 2019.

Section 10.554(1)(i)2., Rules of the Auditor General, requires that we communicate any recommendations to improve financial management. In connection with our audit, we did not have any such recommendations.

Additional Matters

Section ·10.554(1)(i)3., Rules of the Auditor General, requires us to communicate noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but warrants the attention of those charged with governance. In connection with our audit, we noted no such findings.

Purpose of this Letter

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, the Board of Supervisors, and applicable management, and is not intended to be and should not be used by anyone other than these specified parties.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida June 12, 2020

-40  -

r tl Berger, Toombs, Elam,
Crf,, Gaines & Frank
Certified Public Accountants	PL

600 Citrus Avenue
Suite 200
Fort Pierce, Florida 34950
772/461-6120 II 461-1155 FAX: 772/468-9278

INDEPENDENT ACCOUNTANT'S REPORT/COMPLIANCE WITH SECTION 218.415, FLORIDA STATUTES

To the Board of Supervisors
Viera East Community Development District Brevard County, Florida

We have examined Viera East Community Development District's compliance with Section 218.415, Florida Statutes during the year ended September 30, 2019. Management is responsible for Viera East Community Development District's compliance with those requirements. Our responsibility is to express an opinion on Viera East Community Development District's compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about Viera East Community Development District's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on Viera East Community Development District's compliance with the specified requirements.

In our opinion, Viera East Community Development District complied, in all material respects, with the aforementioned requirements during the year ended September 30, 2019.
Berger, Toombs, Elam,. Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida

June 12, 2020

Fort Pierce  / Stuart

Member AICPA

Member AICPA D on For CPA Firms Private Companies Practice Sectlon

Member FICPA

{·

.	.
S EC T-I ON IV

.	. ..

Viera East
Community Development District

Proposed Budget
FY2021

June 26, 2020

	
Actual	Adopted Budget	Actual
Thru	Projected Next	Total Projected	Proposed Budget	
	FY2019	FY2020	4/30/20	5 Months	@ 9/30/20	FY2021	

Number of Rounds							
Paid Rounds	37,694	35,250	21,451	12,436	33,887	35,250	
Member Rounds	7,120	10,000	5,560	2,730	8,290	10,000	
Comp Rounds	3,027	3,000	1,952	1,036	2,988	3,000	
EZ Links	3,273	3,000	1,667	938	2,605	3,000	
GolfNow	1,518	2,000	1,694	666	2,360	2,000	
Total Memberships	70	60	47	13	60	60	
Revenue per Round
Public	
$34	
$35	
$40	
$36	
$38	
$40	
Revenues							
Greens Fees	$1,269,343	$1,460,610	$850,801	$448,873	$1,299,674	$1,426,357	
Gift Cards- Sales	$11,531	$25,000	$5,021	$2,813	$7,834	$25,000	
Gift Cards- Usage	($15,672)	($25,000)	($9,634)	($5,357)	($14,991)	($25,000)	
Season Advance/Trail Fees	$202,756	$210,000	$128,651	$74,761	$203,412	$210,000	
Associate Memberships	$36,498	$42,000	$26,307	$13,114	$39,421	$42,000	
Driving Range	$64,639	$80,000	$44,657	$21,437	$66,094	$80,000	
Golf Lessons	$2,100	$2,100	$1,225	$875	$2,100	$2,100	
Merchandise Sales	$124,418	$115,000	$67,000	$38,979	$105,979	$115,000	
Restaurant	$23,048	$20,000	$16,839	$5,928	$22,767	$20,000	
Assessments -Recreation Operating	$22,527	$22,527	$13,141	$9,386	$22,527	$18,239	
Miscellaneous Income	$23,473	$15,000	$16,813	$4,308	$21,121	$15,000	

Geaem1 cxpeuditures		
Other Contractual Services	$12,294	$15,000	$9,101	$5,299	$14,400	$15,000	
Telephone	$5,267	$5,500	$2,069	$2,419	$4,488	$5,500	
Postage	$1,705	$1,500	$6,201	$593	$6,794	$2,000	
Printing & Binding	$691	$1,000	$0	$300	$300	$1,000	
Utilities	$5,611	$5,000	$3,226	$2,282	$5,509	$5,400	
Repairs & Maintenance	$10,143	$7,000	$573	$2,256	$2,830	$8,000	
Advertising	$40.453	$45,000	$19,510	$14,731	$34,241	$45,000	
Bank Charges	$36,526	$30,500	$22,615	$14,060	$36,675	$35,000	
Office Supplies	$5,202	$4,000	$2,172	$1,091	$3,263	$4,000	
Operating Supplies	$4,461	$5,000	$2,046	$1,290	$3,335	$5,000	
Dues, Licenses & Subscriptions	$8,469	$8,000	$5,629	$2,195	$7,824	$8,000'	
Drug Testing- All departments	$517	$200	$190	$141	$331	$500	
Training, Education & Employee Relations	$3,400	$3,000	$2,637	$315	$2,952	$3,000	
Contractual Security	$2,550	$3,000	$829	$1,708	$2,536	$3,000	
IT Services	$3,747	$3,000	$190	$812	$1,002	$3,000	
Total Golf Course Expenditures	$141,035	$136,700	$76,988	$49,491	$126,479	$143,400	

Total Revenues	 $1,764,662	$1,967,237	$1,160,821	$615,116	$1,775,938	$1,928,696 !

I

Actual
FY2019	Adopted Budget FY2020	Actual Thru
4/30/20	Projected Next
5 Months	Total Projected
@ 9/30/Z0	Proposed Budget FYZ0Zl	

Restaurant Expenditures		
Utilities	$10,392	$10,500	$5,131	$3,894	$9,025	$10,500	
Pest Control	$1,130	$1,200	$666	$476	$1,141	$1,200	
Equipment Lease	$1,037	$1,100	$684	$489	$1,173	$1,100	
Total Restaurant Expenditures	 	$12,559	$12,800	$6,481	$4,859	$11,340	$12,soo  I

Golf Qpemtions ·		
Salaries	$204,709	$237,500	$131,399	$80,375	$211,774	$210,900	
Administrative Fee	$18,093	$17,793	$11,809	$7,996	$19,805	$19,957	
FICA Expense	$16,014	$18,781	$10,040	$6,001	$16,041	$16,547	
Health Insurance	$678	$707	$368	$397	$765	$707	
Workers Compensation	$5,730	$4,812	$3,628	$2,142	$5,770	$4,239	
Unemployment	$8,862	$12,786	$6,035	$3,524	$9,558	$12,786	
Golf Printing	$0	$2,200	$1,206	$804	$2,010	$2,200	
Utilities	$22,000	$22,500	$11,425	$8,341	$19,766	$22,500	
Repairs	$525	$250	$0	$500	$500	$250	
Pest Control	$1,193	$1,200	$666	$476	$1,141	$1,200	
Supplies	$13,329	$8,000	$10,318	$3,796	$14,114	$10,000	
Uniforms	$530	$1,500	$1,862	$49	$1,912	$1,500	
Training, Education & Employee Relations	$26	$2,000	$260	$0	$260	$2,000	
Fuel	$0	$500	$0	$0	$0	$500	
Cart Lease	$45,599	$90,753	$40,284	$36,140	$76,424	$99,000	
Cart Maintenance	$3,653	$4,000	$3,482	$1,253	$4,735	$4,000	
Driving Range	$4,488	$10,000	$3,428	$3,591	$7,019	$10,000	
Total Golf Operation Expenditures	 	$345,428	$435,282	$236,209	$155,386	$391,595		$418,286  I

Merchandise 'itz/es·		
Cost of Goods Sold	$85,408	$77,000	$44,021	$30,588	$74,608	$77,000	
Total Merchandise Sales	 	$85,408	$77,000	$44,021	$30,588	$74,608		$11,000 I

Go[f Goucse Maintenance·
Salaries	
$422,350	
$470,000	
$246,766	
$174,016	
$420,782	
$452,632	
Administrative Fees	$10,767	$11,867	$6,409	$4,430	$10,839	$11,919	
FICA Expense	$30,495	$36,060	$18,215	$13,090	$31,305	$3,756	
Employee Insurance	$45,723	$58,245	$26,327	$13,790	$40,117	$49,336	
Workers Compensation	$11,314	$11,316	$6,681	$4,736	$11,417	$11,023	
Unemployment	$6,986	$7,857	$5,859	$1,310	$7,169	$8,170	
Drug Testing	$0	$420	$0	$0	$0	$0	
Consulting Fees	$6,000	$6,000	$3,500	$2,500	$6,000	$6,000	
Fire Alarm System	$814	$4,000	$1,239	$158	$1,397	$4,000	
Telephone/Internet	$0	$500	$0	$0	$0	$0	
Utilities/Water	$27,332	$26,200	$14,967	$10,187	$25,154	$26,200	

Actual	Adopted
Budget	Actual Thru	Projected
Next	Total Projected	Proposed Budget	
FY2019	FY2020	4 / 30 / 20	SMonths	@ 9 / 30 /2 0	FY2021	

Repairs	
$42,372	
$48,000	
$21,338	
$11,053	
$32,391	
$48,000	
Fuel &Oil	$35,882	$40,000	$16,774	$16,774	$33,547	$40,000	
Pest Control	$904	$1,000	$789	$385	$1,174	$1,000	
Irrigation/Drainage	$31,852	$30,000	$8,391	$6,362	$14,753	$30,000	
Sand and Topsoil	$21,323	$26,500	$6,665	$4,850	$11,515	$26,500	
Flower/Mulch	$4,401	$7,000	$8,177	$27	$8,203	$7,000	
Fertilizer	$124,424	$139,000	$70,020	$58,385	$128,405	$139,000	
Seed/Sod	$12,462	$16,500	$6,876	$1,412	$8,288	$16,500	
Trash Removal	$1,917	$2,000	$986	$692	$1,677	$2,000	
Contingency	$4,522	$6,000	$2,679	$0	$2,679	$6,000	
First Aid	$734	$600	$562	$297	$859	$800	
Office Supplies	$854	$1,000	$114	$250	$364	$1,000	
Operating Supplies	$5,795	$17,500	$2,428	$1,785	$4,213	$15,000	
Training	$1,439	$500	$909	$189	$1,098	$1,000	
Janitorial Supplies	$84	$1,500	$30	$500	$530	$1,000	
Soil & Water Testing	$0	$1,000	$0	$500	$500	$1,000	
Uniforms	$8,446	$8,500	$4,861	$3,327	$8,188	$8,500	
Equipment Rental	$414	$2,500	$0	$500	$500	$2,000	
Equipment Lease	$161,619	$163,000	$102,548	$67,790	$170,338	$165,000	
Small Tools	$0	$500	$0	$500	$500	$500	
Total Golf Course Maintenance	 $1,021,224	$1,145,065	$584,107	$399,794	$983,901    s1.oa4,a36 I

t1d.mioistl:atil!.e.   /i.142e.od.itur:es:	
Legal Fees	
$0	
$1,500	
$1,740	
$0	
$1,740	
$1,500	
Arbitrage	$450	$600	$350	$250	$600	$600	
Dissemination	$1,000	$1,000	$583	$417	$1,000	$1,000	
Trustee Fees	$4,089	$4,100	$2,392	$1,708	$4,100	$4,100	
Annual Audit	$1,340	$1,500	$875	$625	$1,500	$1,500	
Golf Course Administrative Services	$56,280	$56,280	$32,830	$23,450	$56,280	$56,280	
Insurance	$64,819	$70,000	$39,364	$27,504	$66,868	$77,000	
Property Taxes	$13,053	$10,000	$8,673	$7,673	$16,346	$15,000	
Total Administrative Expenditures	 	$141,031	$144,980	$86,807	$61,626	$148,434	us6,9ao I

Be.se.Cl!.es·
Renewal & Replacement	
$35,446	
$7,940	
$13,129	
$0	
$13,129	
$31,219	
Total Reserves	$35,446	$7,940	$13,129	$0	$13,129	$31,219	

Total Revenues	 $1,764,662	$1,967,237	$1,160,821	$615,116	$1,775,938	$1,928,696 

Total Expenditures	 $1,782,131	$1,959,767	$1,047,743	$701,743	$1,749,486	$1,924,521 

Operating Income (Loss)	($17,469)	$7,470	$113,079	[$86,6261	$26,452	$4,175

	
Actual	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
	FY2019	FY2020	4 / 30 / 20	SMonths	@ 9 / 30 / 20	FY2021	

N.aa (Jp.eJ:JJ.ti.UR Be.ll.e.au.e.sj(fi,rp_e.Dd.itu.a:.s,l-
Assessments -Recreation Debt Service	$575,695	$558,355	$325,707	$232,648	$558,355	$560,250 Interest Income		$968		$1,000		$239		$150		$389		$1,000
Interest Expense	($171,638)	($156,825)	($91.481)	($65,344)	($156,825)	($140,425)
Principal Expense	($395 ,000)	($410,000)	($239,167)	($170,833)	($410,000)	($425,000)
Total Non Operating Revenues/(Expenditures) ! 	$10,026		[$7,470]	[$4,702]	{$3,379J	l$a,oa1l	[$4,175]1
Net Non Operating Income/ (Loss)	[$7,444]	$0	$108,376	[$9o,oo6l	$18,371	$0 I

Revenues;

Greens Fees
Estimated revenue for public paid rounds of golf.

Gift Card- Sales
Estimated amount of gift cards sold that can be used for discounted rounds of golf, merchandise or restaurant purchases. The full amount of the sale is recorded as revenue at the time of purchase.

Gift Card- Usaiie
Estimated usage of gift cards once purchased. Once the gift cards have been used at the District, the amount used is recorded against the revenue.

Season Adv ance/T rail Fees
Estimated revenue of customers who purchase memberships to the District golf course in advance for the year.

Associate Memberships
Estimated costs of all associate memberships sold. The associate membership costs $79 and lasts for one year. The membership gets the member a 20% discount on golf rounds and other discounts on range balls, apparel, and USGA handicap service.

Drivine Ranee
Estimated revenue from the District's driving range.

Golf Lessons
Estimated revenue from golfing lessons given at the golf course. The District leases the golf instruction program to the Mike Hogan Golf Academy.

Merchandise Sales
Estimated revenue of clothing, equipment, and supplies sold in the District's Pro Shop.

Restaurant
The District's restaurant is leased to Divots Grille, LLC per an agreement with the District and Divots Grille, LLC. The agreement states that Divots Grille, LLC will pay the District six (6%) of gross sales not excluding sales tax through the lease term ending on September 30, 2019 .

ID escri ption
Rental Income
Other Restaurant Revenue

Annual Amount
$	12,000
$	8,000

Total	$	20,000

Assessments- Recreation Operations
The District will levy Non-Ad Valorem assessments in all the assessable property within the District to help fund all of the General Operating Expenditures for the fiscal year.

Miscellaneous Income
Estimated annual revenue for various miscellaneous charges billed and collected by the District

General Expenditures;
Other Contractual Services
Contractual Services include the following contracts:

Monthly

AnnualI

!       vendor	Amount	Amount. 
Brighthouse (Cable & Internet)	$	350	$ 4,200	
Waste Management (Dumpster Removal)	$	338	$ 4,057	
Great America Financial	$	93	$ 1,117	
American Safety and First Aide		$	500	
Crystal High Rise, Inc		$	250	
Slug A Bug (Termite Renewal)		$	325	
Contingency		$ 4,551	
Total Annual Budget		$15,000	

Telephone
Represents regular telephone lines, credit card, and Internet access. A portion of expenses related to the District are transferred to General Fund.

!vendor

Monthly
Amount

Annual Amount

Greybar Financial Services	$	289	$	3,469	
Cricket	$	104	$	1,248	
Contengincy		$	783	
Total		$	5,500	

Postage
Mailing payroll checks, checks for vendors, overnight deliveries and any other required correspondence that is directly related to the golf course. A portion of expenses related to the District are transferred to General Fund.

Printin & Bindin
Printing of computerized checks, brochures, correspondence, promotional cards, stationary, rack cards, envelopes, etc. A portion of expenses related to the District are transferred to General Fund.

Utilities
The District has the following utility accounts related to the operations:

Monthly	Annual	
Vendor	Account	Amount	Amount	
FPL	10579-42334	$	180	$	2,160	
FPL	912 73-57086	$	30	$	360	
City of Cocoa	313093-70192	$	125	$ 1,500	
City of Cocoa	150351-141774	$	75	$	900	
Contingency			 	$	480	
Total			    $	5,400 	

Repairs & Mainte nance
Any miscellaneous repairs and maintenance, including electrical, plumbing, hardware , locksmiths, painting and HVAC. A portion of expenses related to the District are transferred to General Fund.

Advertisini:
Represents advertising for the golf course in the Yellow Pages, newspapers, periodicals, brochures and magazines, rack cards and holders, and promotional organizations. A portion of expenses related to the District are transferred to General Fund.

Bank Chau es
Bank charges related to credit card usage, as well as account service charges for the operating
checking account fund

Office Supplies
Any office supplies that may need to be purchased during  the  fiscal  year,  i.e.,  paper, minute books, file folders, labels, paper clips, etc.

Operatini: Supplies
Represents various operating supplies purchased

Dues. Licenses & Subscri ptions
The following represents the estimated cost for license, membership subscriptions and permit renewals for the fiscal year:

	Annual	
! ven dor	Desc ription	Amount	
City of Rockledge	Business License	$	200	
Florida State Golf Association	Membership	$	150	
Florida State Golf Association	Handicap fees	5000	
Brevard County	Business Tax License	$	82	
FL Space	Membership	$	805	
Cocoa Beach Regional Chapter	Membership	$	535	
US Golf Association	Membership	$	150	
Amazon Prime	Membership	$	156	
GCSAA	Gold Membership	$	435	
Contingency		    $	487	
Total		    $ 8,000 	
Trainin e, Education & Em ployee Relations
Costs incurred in sending District personnel to any training seminars or having personnel trained on site for different aspects to more efficiently and effectively operate the golf course. Also, any expense incurred for staff meetings and help wanted ads.

Contractual Securi ty
Security system costs for the maintenance and clubhouse alarm systems.

IT Services
Costs related to District's accounting and information systems, District's website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.

Restaurant Expenditures:
Utilities
Estimated costs for the basic utilities for the restaurant:

Vendor
FPL
City of Cocoa Contingency Total

Monthly
Account	Amount
03449-33189	$	615
150351-112664   $	250

Annual
Amount
$	7,380
$	3,000
$	120
$ 10,500

Pest Control
The estimated costs for Ecolab Pest Elimination to provide monthly pest control services.

! v en dor

Monthly Amount

Annual Amount

Ecolab Pest Eliminafon
Contingency
Total

$	95	$	1,141
$	59
$	1,200

Equipment Lease
The expense related to leasing of a dishwasher in the restaurant.

Monthly	Annual

!   v endo	r Ecolab Contingency Total

Golf Operations Ex»enditures;
Salaries & Wages

Amount	Amount	
$	88	$	1,054
$	46
$	1,100

The District currently has a 1 full time and 30 part time employees to handle the Golf operations of the District. The proposed amount includes a 3% cost ofliving increase for qualifying employees.

Administration Fee
Represents fee to Paychex for administration of pay and benefits. Paychex charges an administration fee of $30.98 per full time employee per pay period and $22.32 per part-time employee per pay period.

El.CA
Represents the estimated amount due for Social Security (6.2%) and Medicare (1.45%) based upon
the proposed salaries and wages.

Health Insurance
Full time District Employee's are eligible for the following health benefits.

Provider	Policy Number Insurance Description

United Healthcare	591637	Accidental Death, Dental, Vision,
Life, and Long Term Disability
Health First	114619	Hea lth
Colonial Life		E3682663	Life, Accident, Short Term Disability Combined	007394312	Accid ent and Disability

Workers Compensation
The District provides Workers Compensation Insurance for each of its employee's based upon statutory requirements and rates determined by Paychex.

Unemployment

Golf Printini
Printing for materials needed for the course.

Utilities		
	Monthly	Annual	
Vendor	Account	Amount	Amount	
FPL	03449 -33189	$	585	$	7,020	
FPL	07938-52104	$	925	$ 11,100	
City of Cocoa	150351-112664	$	100	$	1,200	
Banleaco	$	202	$	2,421	
Contingency		$	759	
Total		$ 22,500	

The District pays State and Federal unemployment for each employee based upon current rate structures.

Estimated cost of basic utilities for Golf operations:

Repairs
Any costs related to miscellaneous repairs and maintenance that occur during the fiscal year.

Pest Control
The estimated costs for Ecolab Pest Elimination to provide monthly pest control services.

!vendor

Monthly Amount

Annual Amount

Ecolab Pest Elimination Contingency
Total

$	95	$	1,141
$	59
$   1,200

Supplies
Estimated costs of miscellaneous supplies that the District may need to purchase for golf operations.

Uniforms
The estimated costs of uniforms for pro shop personnel. Once hired, all employees get a District golf shirt to wear during work hours.

Trainini, Education & Employee Relations
The District will incur the cost of the Assistant Pro Program and any training deemed necessary for the Pro Shop staff or cart facility personnel, for example, cart mechanics training and any help wanted ads.

Fuel
Costs for gasoline for all golf carts from Glover Oil Company.

Cart Lease
The expense related to leasing of carts for golf course.

!vendor

Monthly	Annual
Amount	Amount

TCF Equipment Finance	$ 6,553	$ 78,635	
TCF Equipment Finance	$	242	$	2,909	
Marlin Business Bank	$	236	$	2,829	
GPS System	$	936	$ 11,232	
Yamaha Lease	$	164	$	1,968	
Golf Cart	$	97	$	1,164	
Contingency		$	263	
Total		    $ 99,000 	

Cart Maintenance
The expense related to any repairs and maintenance of the golf carts that are incurred during the year.

Driving Range Supplies
Any expenses incurred related to the driving range operation, for example range balls, tokens, buckets, bag stands, clock rope and sand/water buckets.

Merchandise Sales
Cost of Goods Sold
Represents cost of clothing, equipment, and supplies sold in the Pro Shop.

Golf Course Maintenance:
Salaries & Wa es
The District currently has 10 full-time and 4 part-time employee's to handle the golf course maintenance. The proposed amount includes a 3% cost of living increase for qualifying employees.

Administration Fee
Represents fee to Paychex for administration of pay and benefits. Paychex charges an administration fee of $30.98 per full time employee per pay period and $22.32 per part-time employee per pay period.

fKA
Represents the estimated amount due for Social Security (6.2%) and Medicare (1.45%) based upon
the proposed salaries and wages.

Health Insurance
Full time District Employee's are eligible for the following health benefits.

Provider	Policy Number Insurance Description

United Healthcare	591637	Accidental Death, Dental, Vision,
Life, a nd Long Term Disability
Heal th First	114619	Hea lth
Colonial Life		E3682663	Life, Accident, Short Term Disability Combined	007394312	Accid ent and Disability

Workers Compensation 
The District provides Workers Compensation Insurance for each of its employee's based upon statutory requirements and rates determined by Paychex.

Unemployment
The District pays State and Federal unemployment for each employee based upon current rate structures.

Consulting Fees
The District is contracted with Thomas Trammell to give consulting advise on the golf course. Mr . Trammell goes to the District once a month to give the staff a detailed report on the golf course and suggests ways to improve it.

Monthly	Annual
 Vendor	Amount	Amount 
Thomas Trammell	$	500	$   6,000

Fire and Burglary Alarm System
The District is in contract with ADT to provide monthly fire and burglary alarm system monitoring and maintenance. The services will be split between the Golf Course and Operations.
IDescription		
Monthly Amount		Annual I
Amount		
System Monitoring	$	98	$	1,176	
Equipment Lease	$	233	$	2,797	
Contingency		$	27	
Total Annual Budget		$	4,000	

Utilities/Water
Estimated costs of basic utilities for the maintenance staff:

Vendor	
Account	Monthly
Amount	Annml
Amount	
FPL	83490-45156	$ 1,750	$ 21,000	
City of Cocoa	313093-70192	$	350	$ 4,200	
Contingency			$ 1,000	
Total			$ 26,200	

Fuel & Oil
Costs related to fuel purchased for maintenance machinery that occur during the fiscal year.

Pest Control
The estimated costs for Ecolab Pest Elimination to provide monthly pest control services.

Monthly	Annual

! v en dor
Ecolab Pest Elimination Contingency
Total

Amount	Amount	
$	77	$	924
$	76
$   1,000

Irrigation/Drainage
Estimated irrigation and drainage maintenance expenditures that may occur during the fiscal year.

Sand /Topso il
Cost related to sand and topsoil expenditures that may occur during the fiscal year. The District buys all supplies from Golf Specialties, Inc. Some supplies may include top-dress sand, divot sand, and shell rock for the golf course.

Flowers /Mulch
Estimated cost of flowers and mulch for the golf course and clubhouse.

Chemicals / Fert ilizer
Estimated costs of fertilizer, herbicide, insecticide, fungicide and other chemicals needed for the golf course.

Seed/Sod
Cost of seed and sod expenditures for the golf course that may occur during the fiscal year.

Trash Removal
Estimated costs for trash removal services to empty dumpster(s) once a month by Waste Management at the golf course:

! v endor 

Monthly
Amount

Annual Amount

Waste Management, Inc. Contingency
Total

$	131	$	1,575
$	425
$   2,000

Contingen cies
Funding of unanticipated costs.

First Aid
Cost of work gloves, ear plugs, support belts, and other first aid supplies needed during the fiscal year.

Office Supplies
Any office supplies that may need to be purchased during the fiscal year, i.e., paper, minute books, file folders, labels, paper clips, etc.

Operating Supplies
Represents various operating supplies purchased

Trainine
Training seminars for golf course maintenance staff.

Janitorial Supplies
Costs of janitorial supplies that may occur during the fiscal year.

Soil & Water Testine
Costs for soil and water testing that may occur during the fiscal year.

Uniforms
The District is in contract with Unifirst to supply uniforms for the Golf Course Maintenance staff. Unifirst comes to the District weekly to deliver clean uniforms to the staff.

Monthly	Annual
Vendor	Amount	Amount 	
Unifrst	$	700	$	8,400	
Contingency		$	100	
Total		   $	8,500 	

Equipment Rental
Rental of larger capital items required for Course Maintenance.

Equipment Lease
The District currently has the following equipment leases for the golf course:

!	
v en dor	Monthly Amount	Annual Amount	
	DLL Finan ie LU::	$	5,168	$ 62,013	
	TCF Equipment Finance	$	1,066	$ 12,792	
	TCF Equipment Finance	$	5,116	$ 61,392	
	TCF Equipment Finance	$	420	$	5,036	
	TCF Equipment Finance	$	372	$	4,470	
	TCF Equipment Finance	$	652	$	7,828	
	TCF Equipment Finance	$	431	$	5,168	
	TCF Equipment Finance	$	248	$	2,976	
	Dex Imaging	$	115	$	1,380	
	Contingency		 	$	1,947	
	Total		 	$165,000	

Small Tools
Represents small tools purchased for golf course maintenance.

Administrative Expenditures:
LeialFees
The District's attorney will be providing general legal services to the District that are directly related to operations of the golf course, i.e., reviewing contracts, agreements, resolutions, rule amendments, etc.

Arbitraie
The District will contract with an Independent certified public accounting firm to annually
calculate the District's Arbitrage Rebate Liability on Special Assessments Revenue Bonds.

Dissemination
The District is required by the Security and Exchange Commission to comply with Rule 15c212(b)(5), which relates to additional reporting requirements for un-rated bond issues.
Trustee Fees
The District issued Special Revenue Assessment Refunding Bonds, Series 2012 bonds that are
deposited with a Trustee at U.S Bank.

Annual Audit
The District is required to annually have its financial records audited by an independent Certified Public Accounting Firm.

Golf Course Administrative Services

I

Cost of Administrative services provided for the CDD.

Annual Description	Amount	

Base
10% of Maintenance Supervisor
50% of Labor Position
TOIII

$    75,000
$    (7,280)
$  (11,440)
$5   6,280

Insurance
EGIS Insurance and Risk Advisors provide the District's general liability, property, and crime insurance coverage. EGIS Insurance and Risk Advisors also provide a three year pollution policy.

IDescriI?tion		Annual
Am oub 	
General Liability	$	22,773	
Property	$	49,803	
Crime	$	1,122	
Pollution Policy	$	2,400	
Equipment Insurance	$	486	
Contingency	 	$	416
Toul	 	$    771000
Property Taxes
This amount is an estimate of property taxes that will need to be paid throughout this fiscal year.

Reserves
Renewal & Replacement
The golf course transfers 2% of its monthly revenues to the Capital Reserve Fund to help fund for equipment replacement and other capital expenditures estimated for the fiscal year.

-·--· . _:.,:.:...

SECTION VI

SECTION A

Viera East
Community Development Districy
Check Register Summary
May 21, 2020 through June 17, 2020

Fund	Date	Check #'s	Amount

General Fund		
	5/28/20	3917-3924	$	4,583.68	
	6/4/20	3925-3926	$	2,805.22	
	6/11/20	3927-3936	$	287,940.22	
	6/12/20	3937	$	1,066.48	

 	Sub-Total	$	296,395.60 

Capital Reserve	6/9/20	74	$	47,500.00

 	Sub-Total	$	47,500.00 

Golf Course		
	3/19/20	27766-27795	$	31,383.49	
	6/4/20	27796-27811	$	10,676.26	
	6/9/20	27812-27835	$	12,070.23	
	4/9/20	27659-27669	$	8,283.30	

 	Sub-Total	$	62,413.28 

ITotal	$	406,308.881

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 6/17/20
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST-GENERAL FUND
BANK A VIERA EAST-GF

PAGE	1

CHECK  VEND# ••••.INVOICE.•..••••EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

5/28/20	00222	5/18/20	

5/28/20	
00034	
5/14/20	

5/28/20	
00186	
2/06/20	
		5/21/20	

5/28/20	
00195	
5/21/20	

169664	202005 330-53800-47100
COMP ROUND OF GOLF CARD

STATUS

*

AMOUNT	•••.CHECK.•.••
AMOUNT	#
220.00

ALLEGRA-ROCKLEDGE
ACCT# 74 202005 340-53800-47300 PARK MAINTENANCE

-  - -  -  - - - - - -  -  -22-0.00- 003917

-

*	128.21

CITY OF COCOA
22715	202005 340-53800-47900
HAULING/SWAP 30YD CONTAIN 23318	202005 340-53800-47900
HAULING/SWAP 30YD CONTAIN

-  - -  - -  -  -  - -  - -  -12-8.-21- 003918
*	240.00
*	240.00

DANNY'S RECYCLING & HAULING, INC
9231720 202005 320-53800-34100
PEST CONTROL

- - - -  -  -  - -  - -  -  -48-0.-00-
*	328.08

003919

5/28/20 00209

5/28/20 00078

5/28/20 00202

ECOLAB PEST ELIMINATION DIV
5/27/2060	202005 330-53800-49400
REMOVED 1/2 OAK TREE
LELAND'S TREE SERVICE
5/15/20 126546	202005 340-53800-46000
18" WOOD BOSS CHAIN SAW
ROCKLEDGE MOWER & SERVICE
5/15/20 7214870 202005 340-53800-47400
RAIN BIRD PUMP SYSTEM

-	- -  - -  -  -  - -	-3-28-.08-

-	-

*	600.00
-  - - -  - -  -  -  - -  - -60-0.-00-

-  -32-9.-95-	003922	
-2,-29-8.-4-4	003923	

199.00	

003924	

71.22	
003925	

2,734.00	
003926	

*	329.95
- -  -  - - -  -  - - -
*	2,298.44

003920

003921

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

TIIA BANK, INC

- - - - - - - - - -

5/28/20 00188	5/05/20 91212041 202005 340-53800-54100

340-53800-54100	*	
340-53800-54100	*	
340-53800-54100	*	

UNIFORMS 5/12/20 91212052 202005
UNIFORMS 5/19/20 91212064 202005
UNIFORMS 5/26/20 91212075 202005
UNIFORMS

*	49.75
49.75
49.75
49.75

6/04/20 00221

6/04/20 00626

UNIFIRST CORPORATION
5/20/20 00560736 202005 340-53800-22000
INV000560736 GF MAINT
COMBINED INSURANCE COMPANY
5/20/20 1453259	202005 310-51300-31500
INVOICE 1453259 GEN REP

- - - - - - - - - -
*	71.22
-  -  - - - -  - -  - -
*	2,734.00

SHUTTS &    BOWEN LLP

VIER --VIERA EAST-- HSMITH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 6/17/20
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST-GENERAL FUND
BANK A VIERA EAST-GF

PAGE	2

CHECK  VEND# •....INVOICE••••••..EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

6/11/20	00222	6/02/20	

6/11/20	
00159	
2/24/20	

6/11/20	
00182	
6/04/20	

6/11/20	
00195	
5/21/20	

6/11/20	
00231	
5/29/20	

902225	202006 330-53800-47100
ENG. COPIES FIRE ALARM

STATUS

*

AMOUNT	•••.CHECK...•.
AMOUNT	#
16.00

ALLEGRA-ROCKLEDGE
1792148	202006 310-51300-31100
DATA COLLECTION/POND

- - -  -  - - - -  - -  -  - -16-.00-
*	960.00

003927

DEWBERRY ENGINEERS, INC.
23418	202006 340-53800-47900
HAULIN TRASH

- -  -  -  - - - - - -  -  -96-0.-00-
*	240.00

003928

DANNY'S RECYCLING & HAULING, INC
9231725	202005 320-53800-34100
PEST CONTROL/RATS COCKROA

-  -  - -	-  - -  -  -  - -2-40.-00- 003929

-

*	267.18

ECOLAB PEST ELIMINATION DIV
228	202005 310-51300-31500
PREPARE FOR DEPOSITION

-  -  - - - - -	-  -  -  -2-67-.1-8 003930

-

*	487.50

6/11/20 00126

FISHKIND LITIGATION SERVICES INC
6/01/20 376	202006 310-51300-34000
MANAGEMENT FEES JUNE 2020 6/01/20 376	202006 310-51300-35100
INFORMATION TECH JUNE 20 6/01/20 376	202006 310-51300-31700
DISSEMINATION AGENT SRVCS 6/01/20 376	202006 310-51300-51000
OFFICE SUPPLIES
6/01/20 376	202006 310-51300-42000
POSTAGE
6/01/20 376	202006 310-51300-42500
COPIES

-  - -  -  -  -  - - - - - -48-7.-50-
*	8,370.00
*	283.33
*	83.33
*	17.56
*	3.20
*	227.85

003931

6/11/20 00043

6/11/20 00131

6/11/20 00017

GOVERNMENTAL MANAGEMENT SERVICES
6/11/20 06112020 202006 340-58100-10300
MAINT RES-MAY&JUNE 2020
STATE BOARD OF ADMINISTRATION
2/25/20 5660041	202006 310-51300-31900
TRUSTEE FEES SERIES 2006
U.S. BANK
6/11/20 06112020 202006 300-20700-10000
Q2 INTEREST MARCH-MAY REC 6/11/20 06112020 202006 300-20700-10000
AP 4-23-20 TO 4-30-20

-  -  - -  - -  - - -  -  -8,-98-5.-27- 003932
*	619.76
-  -  -  - - -  - - - - -  -61-9.-76- 003933
*	6,133.67
- - - - - - -  - - - -6,-13-3.-6-7 003934
*	41,930.28
*	6,446.94

VIER --VIERA EAST-- HSMITH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 6/17/20
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST-GENERAL FUND
BANK A VIERA EAST-GF

PAGE	3

CHECK  VEND# •••••INVOICE••••.••.EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS
6/11/20 06112020 202006 300-20700-10000
MAY 2020 PAYROLL
6/11/20 06112020 202006 300-20700-10000
APRIL 30 20 PAYROLL
6/11/20 06112020 202006 300-20700-10000
AP 5-7-20 TO 5-28-20
6/11/20 06112020 202006 300-20700-10000
AP 6-5-20

STATUS	AMOUNT	•.••CHECK•••.• AMOUNT	#
*	26,789.50
*	12,969.92
*	7,156.49
*	24.03

6/11/20 00134

6/12/20 00189

VIERA EAST COD - GOLF COURSE
6/11/20 06112020 202006 300-20700-10100
Q2 INTEREST MARCH-MAY REC
VIERA EAST COD - SERIES 2006
6/04/20 1684837	202006 340-53800-41000
TELEPHONE INV 1684837

*	174,913.68

*	1,066.48

95,317.16 003935

174,913.68 003936

BLUELINE TELECOM GROUP, LLC	1,066.48 003937

TOTAL FOR	BANK A	296,395.60	
TOTAL FOR	REGISTER	296,395.60	

VIER --VIERA EAST-- HSMITH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST-SBA FUND
BANK C CAPITAL RESERVES

RUN 6/17/20	PAGE	1

CHECK  VEND# ...•.INVOICE•.....••EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS
6/09/20 00041	6/01/20 VE ESCRO 202006 320-53800-60000
ACT# 2666702346514 VECDD

STATUS	AMOUNT		....CHECK,...• AMOUNT	#
*	47,500.00

GREENBERG TRAURIG P.A. TRUST ACCT	47,500.00 000074

TOTAL FOR BANK C TOTAL FOR REGISTER

47,500.00
47,500.00

VIER --VIERA EAST-- HSMITH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 6/17/20
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST- GOLF COURSE
BANK B VIERA EAST-GOLF

PAGE	1

CHECK  VEND#  •..••INVOICE•••..••.EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

STATUS

AMOUNT	..••CHECK•••..
AMOUNT	#

5/28/20 00782

5/28/20 01485

5/28/20 00430

5/28/20 01370

5/28/20 00390

5/28/20 41142	202005 340-57200-51100
OPERATING SUPPLIES
5/28/20 41142	202005 320-57200-51100
OPERATING SUPPLIES
A LINEN CONNECTION
5/15/20 90888024 202005 300-14200-10000
GOLF BALLS
ACUSHNET COMPANY
5/21/20 I2005217 202005 390-57200-49800 FIRST AID SUPPLIES
5/21/20 12005217 202005 390-57200-49800
FIRST AID SUPPLIES
AMERICAN SAFETY & FIRST AID, INC.
3/13/20 835610	202005 390-57200-46000
EQUIPMENT REPAIRS
BRONSONS TURF & HORTICULTURE
5/18/20 93147626 202005 300-14200-10000
INVENTORY-PRO SHOP
5/18/20 93147626 202005 300-14200-10000
INVENTORY-PRO SHOP

*	25.50
*	74.59
-  - -  - -  - -  -  -  - - -1-00-.09- 027766
*	394.65
- -  -  -  - - - - -  - - -39-4-.65- 027767
*	49.65
*	84.55
- -  - - -  -  - -  - -  - -1-34-.20- 027768
*	474.39
-  -  -  - -  -  -  -  -  - - -47-4.-3-9 027769
*	153.17
*	185.97

-  -  -  - - -  - - - - - - -  - -  -  - ------	-CA-LL-AW-AY- - - -  - -	------ -
5/28/20 01481	5/15/20 CGREIMBU 202005 320-57200-51200	*
REIMBURSE CHRIS GAME

-  - - -  -  -  - - -  - - -3-39.-14- 027770
100.00

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

CHRIST-OP-HE-R-TH-OM-AS-

GAME

- - - - - - -

-  -  - - -  - -  -  - -  - -1-00-.0-0 027771

5/28/20 00024	5/15/20 ACCT# 10 202005 320-57200-43000	*
UTILITIES
5/15/20 ACCT# 31 202005 390-57200-43000	*
UTILITIES
5/19/20 ACCT# 15 202005 320-57200-43000	*
UTILITIES
5/19/20 ACCT# 15 202005 330-57200-43000	*
UTILITIES
5/19/20 ACCT# 15 202005 340-57200-43000	*
UTILITIES

70.73
463.50
142.37
142.37
142.37

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

CITY O-F-CO-C-OA-U-TIL-IT-IE-S- -  - - - - -  -

- - -  - -  -  - - - - - -9-61-.3-4 027772

*

5/28/20 01132	5/21/20 3682663- 202005 300-13100-10000
GF ADMIN
5/21/20 3682663- 202005 300-13100-10000	*
GF MAINT

173.16
151.13

VIER --VIERA EAST-- HSMITH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 6/17/20
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST- GOLF COURSE
BANK B VIERA EAST-GOLF

PAGE	2

CHECK  VEND#  •.•••INVOICE••.••.••EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS
5/21/20 3682663- 202005 390-57200-22000
GC MAINT

STATUS

*

AMOUNT	••••CHECK•••••
AMOUNT	#
313.52

5/28/20 00364

COLONIAL LIFE
5/24/20 DJREIMBU 202005 320-57200-51100 DJ REIMB ACE ISLAND HARDW

- - -  - -  -  - - - -
*	11.95

637.81 027773

5/28/20 01388

5/28/20 01335

5/28/20 01340

5/28/20 00947

5/28/20 01427

DAVID JUDY
5/21/20 AR519168 202005 390-57200-54600 PRINTER INK B/W & COLOR
DEX IMAGING
5/11/20 19648939 202005 390-57200-54600
INSTALLMENT DUE
DLL FINANCE LLC
5/21/20 0144441- 202005 390-57200-51000
RAKE, ACCUFORM ACE II
EASY PICKER GOLF PRODUCTS, INC.
5/21/20 9231725	202005 330-57200-46400
PEST CONTROL
5/21/20 9231725	202005 340-57200-46400
PEST CONTROL
5/21/20 9231725	202005 390-57200-46500
PEST CONTROL
ECOLAB PEST ELIMINATION
5/12/20 314211	202005 300-14200-10000
GOLF GRIPS/REPAIR
5/20/20 314945	202005 300-14200-10000
MARTINI TEE LARGE

- - -  -  - -  - - - -

11.95	027774	
-  -1-15.-7-8 027775	
5,167.72	027776	

43.50	
027777	

*	115.78
-  -  - - - - - -  -  -
*	5,167.72
- - -  - - - - - - -
*	43.50
- -  - - - - - -  -  -
*	95.11
*	95.11
*	76.96
-  -  -  - -  - -  - -  -  -  -2-67.-18- 027778
*	1,043.97
*	191.24

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

GLOBAL GOLF-SALES- - -  - - - - -  -  -  -

- -  -  - -  -  -  - -  - -1-,2-35.-21-

027779

5/28/20 00587	5/15/20 607176	202005 390-57200-46110
FUEL
5/15/20 607176	202005 300-13100-10000
FUEL
5/15/20 607177	202005 390-57200-46110
FUEL
5/15/20 607177	202005 300-13100-10000
FUEL

*	174.58
*	85.98
*	460.56
*	226.83

5/28/20 00564

GLOVER OIL COMPANY INC
5/11/20 47461	202005 390-57200-47300
160/MED TOP DRESS&FREIGHT

-  -  - - - -  - -  -  - - -9-47.-95-
*	644.92

027780

GOLF SPECIALTIES, INC.	644.92 027781

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 6/17/20
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST- GOLF COURSE
BANK B   VIERA EAST-GOLF

PAGE	3

CHECK  VEND#  .....INVOICE.••.....EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

STATUS

AMOUNT	••••CHECK•••.•
AMOUNT	#

5/28/20 01127

5/28/20 00158

5/28/20 01363

5/13/20 00100015 202005 300-13100-10000
GF ADMIN PREMIUM
5/13/20 00100015 202005 300-13100-10000
GF MAINT PREMIUM
5/13/20 00100015 202005 390-57200-22000
GC MAINT PREMIUM
HEALTHFIRST HEALTH PLAN
5/13/20 CIN-0003 202005 390-57200-47500 CHEMICALS
5/13/20 CIN-0003 202005 300-15500-10000 PREPAID EXPENSES
HOWARD FERTILIZER CO.,INC.
5/22/20 49951	202005 390-57200-47100
001328-PLAN 5-YR GSP

*	2,261.31
*	1,389.05
*	3,811.68
-  - - - - - - -  - -  -7,-4-62.-04- 027782
*	386.67
*	773.33
- - - - - -  - - -  - -1,-16-0.-00- 027783
*	348.00

5/28/20 01324

RAIN BIRD INTERNATIONAL, INC.
5/16/20 ACCT# 41 202005 320-57200-34100 AMAZON PRIME
5/16/20 ACCT# 41 202005 320-57200-41000 CRICKET WIRELESS
5/16/20 ACCT# 41 202005 390-57200-51200 NORTHERN TOOL & EQUIPMENT
5/16/20 ACCT# 41 202005 300-13100-10000 AMAZON-ATVPC FRONT CVAXLE
5/16/20 ACCT# 41 202005 320-57200-51000
BARCODES INC
5/16/20 ACCT# 41 202005 300-13100-10000 MAILMAN JOEY'S
5/16/20 ACCT# 41 202005 340-57200-51100 GOLF CART KEY REPLACEMENT
5/16/20 ACCT# 41 202005 320-57200-51100 AMZN CHEM RESIST GLOVE
5/16/20 ACCT# 41 202005 300-13100-10000 CUB CADET UTV REBUILD KIT
5/16/20 ACCT# 41 202005 320-57200-51200 PGA PGM 3.0 QUALIFY LEVEL

-  - - - - -  - -  -  - -   3-48.-00-

-

*	12.99
*	106.00
*	341.96
*	219.89
*	123.66
*	18.13
*	5.85
*	25.44
*	72.49
*	200.00

027784

5/28/20 00603

REGIONS BANK
5/14/20 126496	202005 390-57200-46000
LAWN MAINTENANCE PARTS
5/20/20 126789	202005 390-57200-46000
CARBURETOR, AIR CLEANER 5/21/20 126878	202005 390-57200-47100
RESIN ABRASIVE WHEEL

-  - - - - - - -  - - -1-,1-26.-4-1 027785
*	128.65
*	73.80
*	13.95

ROCKLEDGE MOWER &  SERVICE	216.40 027786

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 6/17/20
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST- GOLF COURSE
BANK B VIERA EAST-GOLF

PAGE	4

CHECK  VEND#  ..••.INVOICE••••• •••EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

STATUS

AMOUNT	••••CHECK••.••
AMOUNT	#

5/28/20 01334

5/28/20 01210

5/07/20 99081982 202005 390-57200-51100
GLOVE UTILITY BLACK MED 5/13/20 99081860 202005 390-57200-51100
COURSE SUPPLIES
5/19/20 99746560 202005 390-57200-47100
MISC LANDSCAPING PARTS
5/22/20 99886119 202005 390-57200-47100
COURSE SUPPLIES
SITEONE LANDSCAPE SUPPLY, LLC
5/16/20 80584298 202005 320-57200-51000
OFFICE SUPPLIES
5/16/20 80584298 202005 300-13100-10000
OFFICE SUPPLIES

*	33.50
*	349.99
*	218.88
*	33.60
- - - -  - - - - - - -  -6-35-.9-7 027787
*	41.85
*	120.46

5/28/20 00467

STAPLES ADVANTAGE
5/18/20 212460	202005 390-57200-46000
EQUIPMENT REPAIRS

- - -  -  - - - - - - -  -1-62-.31-
*	185.38

027788

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

SUN PL-UM-BI-NG-

INC - - - - - - - - - - -

-  -  - -  - -  - - -  -  -  -1-85.-38-

027789

5/28/20 01366	5/08/20 6512477	202005 350-57200-46100	*
2016 CUSHMAN REFRESHER OA
5/08/20 6512477	202005 390-57200-54600	*
CUSHMAN HAULER 800X
5/08/20 6512477	202005 390-57200-54600	*
TORO SAND PRO
5/14/20 6523926	202005 390-57200-54600	*
2019 CUSHMAN HAULER 800X
5/14/20 6523926	202005 350-57200-46100	*
2020 EZGO RXV ELITE&FREED
5/19/20 6528778 202005 390-57200-54600	*
TORO TURF PACKAGE
5/20/20 6529820 202005 390-57200-54600	*
KUBOTA, LELY BROAD SPREAD

242.41
419.64
430.63
248.00
6,552.90
5,115.96
372.48

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

TCF NA-TI-ON-AL- BANK

- - - - - - - - - -

-  -  -  - -  - -  - -  -  -13-,3-82.-02- 027790

5/28/20 00807	5/05/20 91212041 202005 390-57200-54100	*
UNIFORMS
5/12/20 91212052 202005 390-57200-54100	*
UNIFORMS
5/19/20 91212064 202005 390-57200-54100	*
UNIFORMS
5/26/20 91212075 202005 390-57200-54100	*
UNIFORMS

147.88
147.88
147.88
147.88

UNIFIRST CORPORATION	591.52 027791

VIER --VIERA EAST-- HSMITH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 6/17/20
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST- GOLF COURSE
BANK B VIERA EAST-GOLF

PAGE	5

CHECK  VEND#  ••••.INVOICE••••• •••EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

STATUS

AMOUNT	••••CHECK••••.
AMOUNT	#

5/28/20 01165

5/28/20 01206

5/28/20 00117

5/11/20 63419489 202005 300-13100-10000
GF ADMIN
5/11/20 63419489 202005 300-13100-10000
GF MAINT
5/11/20 63419489 202005 390-57200-22000
GC MAINT
UNITED HEALTHCARE INSURANCE COMPANY
5/22/20 9106082- 202005 320-57200-34100
6 YARD DUMPSTER 3X WEEK 5/22/20 9106485- 202005 390-57200-47900
6 YARD DUMPSTER lX WEEK
WM CORPORATE SERVICES, INC.
5/13/20 40954103 202005 390-57200-46000
TIRES
5/18/20 40954796 202005 390-57200-46000
EQUIPMENT REPAIRS

*	130.32
*	200.65
*	687.14
-  - - - - - -  -  -  - -1-,01-8.-11-
*	351.94
*	140.82
- - -  - - - -  -  -  - -  -49-2.-76-
*	424.07
*	624.97

027792

027793

5/28/20 01397

6/04/20 00448

6/04/20 01380

6/04/20 01370

6/04/20 01333

WESCOTURF INC.
5/13/20 703430	202005 350-57200-46100
1 YTlAR GOLF CAR
5/13/20 703486	202005 350-57200-46100
1 YUlAS GOLF CAR
YAMAHA MOTOR FINANCE CORP, USA
5/28/20 IO555081 202005 340-57200-46000 INV IO555081 BUSTER
ATCO INTERNATIONAL
5/02/20 1024	202006 320-57200-54500
INV 1024 CARBONITE OFFICE
BLACK HOLE MAKERS LLC
5/22/20 835807	202005 390-57200-47500
INV 835807 FOLIAR PAK BIO 5/22/20 835807	202005 390-57200-46000
INV 835807 ROTARY BLADE 6/01/20 835808	202006 390-57200-47500
INV 835808 FOLIAR PAK BIO
BRONSONS TURF & HORTICULTURE
5/31/20 05312020 202005 300-34700-00714
MAY 15-31 GIFT CARDS

-  -  -  - -  - -  - -  -  -1,-04-9.-04- 027794
*	97.00
*	164.00
- - -  -  -  - -  - -  - - -2-61-.0-0 027795
*	144.54

-

- -  -  -  - - -	-  - -  -1-44-.5-4 027796
*	287.00
- -  -  -  -  - -  - -  -  - -28-7-.0-0 027797
*	350.00
*	77.83
*	410.94
-  - - - - - -  -  - - - -8-38-.7-7 027798
*	349.75

DIVOTS GRILLE	349.75 027799

VIER --VIERA EAST-- HSMITH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 6/17/20
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST- GOLF COURSE
BANK B VIERA EAST-GOLF

PAGE	6

CHECK  VEND# .•••.INVOICE......••EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

STATUS

AMOUNT	....CHECK•....
AMOUNT	#

6/04/20 00030

6/04/20 00564

6/04/20 01392

5/26/20 7-020-97 202005 320-57200-42000
POSTAGE TO CDD & ATTORNEY
FEDEX
5/26/20 47536	202005 390-57200-47300
INV 47536 TOPDRESSING
GOLF SPECIALTIES, INC.
5/14/20 IC060420 202005 340-57200-51100 ALOE & AFTER SUN GEL
5/31/20 052020MI 202005 300-13100-10000
MILEAGE MAY 2020

*	69.35

-	-

-  - - -  - -  - -	- - -  6-9.35- 027800
*	636.73

-

-  - -	- -  - - - - - -63-6.-7-3 027801
*	25.63
*	13.39

6/04/20 00483

INES CAMPOS
5/25/20 99002306 202005 300-13100-10000
GF OPERATING SUPPLIES
5/25/20 99002306 202005 390-57200-51100
GC OPERATING SUPPLIES
5/25/20 99002306 202005 390-57200-51100
GC OPERATING SUPPLIES

-  - - - -  - - - -  -
*	10.64
*	138.95
*	105.42

39.02 027802

6/04/20 01350

6/04/20 01382

LOWE'S
5/29/20 18094166 202005 350-57200-46100
GOLF BALL DISPENSING MACH 5/29/20 18094166 202005 300-15500-10000
FIRE & BURGLARY ALARMS
MARLIN BUSINESS BANK
5/13/20 18328	202006 390-57200-47500
PRO PLUS CHEMICALS JUNE 5/13/20 18328	202006 300-15500-10000
PRO PLUS CHEM JULY-OCT

- - - -  - -  -  -  - -  - -2-55.-01-
*	235.75
*	511.54

-

-  - -  - - - - - -  -  -  -74-7.29-
*	893.18
*	3,572.72

027803

027804

6/04/20 01210

6/04/20 00130

PRO PLUS PRODUCTS, INC.
5/30/20 80585589 202005 320-57200-51100
INV8058558983 SUPPLIES
STAPLES ADVANTAGE
6/02/20 32221304 202006 340-57200-51100
INV322213040 OP SUPPLIES

-  - -  - -  - - - - -  -4,46-5.90- 027805

-	-

*	114.44
-  -  - - - - -  - -  -  -  -1-14-.4-4 027806
*	802.80

6/04/20 01468

SYSCO
6/02/20 1163	202006 390-57200-47500
MICRONUTRIENTS

- - -  - -  -	-  -  - -   8-02.-80-

-	-

*	246.10

027807

TBT TURF SERVICES, LLC	246.10 027808

VIER --VIERA EAST-- HSMITH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 6/17/20
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST- GOLF COURSE
BANK B VIERA EAST-GOLF

PAGE	7

DATE		DATE	
6/04/20	01366	5/24/20	

6/04/20	
01281	
6/01/20	

6/04/20	
00117	
5/26/20	

6/11/20	
00782	
6/11/20	
		6/11/20	

6/11/20	
01486	
5/21/20	

6/11/20	
01413	
6/02/20	

6/11/20	
01371	
6/22/20	

6/11/20	
00987	
6/01/20	

6/11/20	
01212	
6/08/20	

6/11/20	
01370	
5/29/20	
		5/29/20	

6/11/20	
01344	
6/09/20	

CHECK  VEND# •...•INVOICE...•••..EXPENSED TO...	VENDOR NAME
INVOICE	YRMO DPT ACCT# SUB SUBCLASS
6534753	202005 390-57200-54600
TORO WORKMAN&PRO SWEEP

STATUS

*

AMOUNT	••••CHECK..•••
AMOUNT	#
652.34

TCF NATIONAL BANK
06012020 202006 390-57200-22500
GOLF CONSULTING JUNE 2020

- -  -  -	- - - -  -  - -65-2.-34- 027809

-

*	500.00

THOMAS TRAMMELL
40956096 202005 390-57200-46000
INV 40956096 SUPPLIES

-  -  - - - - - -  -  - - -50-0.00-

-

*	527.22

027810

WESCOTURF INC.
42116	202006 340-57200-51100
MATS INV 42116
42116	202006 320-57200-51100
MATS INC 42116

- -  - -  -  -  - -  - - - -52-7-.22- 027811
*	25.50
*	74.59

A LINEN CONNECTION
44057289 202005 300-20300-10000
REFUND

- -  -  -  -  - -  - -  - -  -1-00.-09- 027812
*	4,021.38

ABBOTT LEONARD
90892575 202006 300-14200-10000
TITLEIST HEADWEAR

- - - -	- -  -  - -

-

*	73.57

4,021.38 027813

ACUSHNET COMPANY
06222020 202006 300-15500-10000
SECURITY SERVICES

- -  - -	-  -  -  - - -  - -73-.5-7 027814

-

*	195.98

ADT SECURITY SERVICES
24598	202006 320-57200-48000
1/4 PAGE ADVERTISEMENT

- - -  - -  -  -  -  - -  - -1-95-.9-8 027815
*	465.00

BLUEWATER CREATIVE GROUP INC
7682	202006 320-57200-34100
ANNUAL INSPECTION

- -  -  -	- - - -  - - -46-5.-0-0 027816

-

*	284.74

BREVARD HOOD PROTECTION & SAFETY
835831	202005 390-57200-46000
BED KNIFE SHIPPING
835832	202005 390-57200-46000
TORO ROTARY BLADE

- - -  -  -  - - -  - -  - -28-4-.7-4 027817
*	413.56
*	261.00

BRONSONS TURF & HORTICULTURE
S58866	202006 320-57200-46000 PMA ON EQUIPMENT/FILTERS

- -  -  -  -  - -  - - - -  -67-4.56- 027818

-

*	270.00

DIAL PLUMBING & A/C INC.	270.00 027819

VIER --VIERA EAST-- HSMITH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 6/17/20
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST- GOLF COURSE
BANK B VIERA EAST-GOLF

PAGE	8

CHECK  VEND# •..•.INVOICE.•.•••..EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

STATUS	AMOUNT		•.••CHECK..•.• AMOUNT	#

6/11/20 01394

6/11/20 01326

6/11/20 00076

6/11/20 00587

6/11/20 00097

6/02/20 70779488 202006 330-57200-54600
RENTAL
ECOLAB
5/21/20 03424121 202005 390-57200-47100
STATION SWITCHES GSP
6/01/20 03456621 202005 390-57200-47100
GOLF PART ROTOR
6/01/20 03456621 202006 390-57200-47100
GOLF PARTS/SUPPLIES
FIS OUTDOOR
6/04/20 14629825 202006 300-13100-10500
GAS/UTILITIES
FLORIDA CITY GAS
5/30/20 606596	202005 390-57200-46100
DIESEL
5/30/20 606596	202005 300-13100-10000
DIESEL
GLOVER OIL COMPANY INC
6/04/20 276986	202006 320-57200-42500
SCORECARDS
6/04/20 276986	202006 300-15500-10000
SCORECARDS

*	97.78

*	205.43
*	282.68
*	811.91

*	183.99

*	212.93
*	104.87

*	400.90
*	801.80

97.78 027820

1,300.02 027821

183.99 027822

317.80 027823

6/11/20 01417

GOLF ASSOCIATES SCORECARD COMPANY
4/01/20 B2BSI730 202004 320-57200-46000	*
OVERPAYMENT
5/08/20 INV00012 202005 320-57200-48000	*
MAY SOCIAL MEDIA ELITE
6/05/20 INV00015 202006 320-57200-48000	*
SOCIAL MEDIA ELITE

350.00-
350.00
350.00

1,202.70 027824

6/11/20 01372

6/11/20 01071

GOLFNOW
6/27/20 27164481 202006 320-57200-34100
FINANCIAL SERVICES
6/27/20 27164481 202006 300-13100-10000
FINANCIAL SERVICES
GREAT AMERICA FINANCIAL SVCS
6/01/20 377	202006 310-57200-31700
DISSEMINATION AGENT SRVCS

*	120.32
*	120.31

*	83.33

350.00 027825

240.63 027826

GOVERNMENTAL MANAGEMENT SERVICES	83.33 027827

VIER --VIERA EAST-- HSMITH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 6/17/20
***  CHECK DATES 05/21/2020 - 06/17/2020 ***	VIERA EAST- GOLF COURSE
BANK B VIERA EAST-GOLF

PAGE	9

CHECK  VEND#  ••.••INVOICE••••• •..EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

6/11/20 00180	6/04/20	

6/11/20 00709	
5/29/20	

6/11/20 01358	
5/31/20	

6/11/20 01210	
6/06/20	

6/11/20 01366	
5/29/20	

121825	202006 390-57200-46110
AUTO SUPPLIES

STATUS

*

AMOUNT	••••CHECK••.•.
AMOUNT	#
203.19

NAPA AUTO PARTS
1045830A 202006 320-57200-54000 MEMBERSHIP FEE

-  - -  -  - -  - -  - -  -  -20-3.-19-
*	250.00

027828

NATIONAL GOLF FOUNDATION
07883333 202005 390-57200-46000
AIR PRESSURE

- - - - - -  -  - - -
*	28.90

250.00 027829

NEXAIR, LLC
80586305 202006 320-57200-51000
OFFICE SUPPLIES

- -  -  - -  - - - - -
*	66.49

28.90 027830

STAPLES ADVANTAGE
6541354	202006 390-57200-54600
TORO REELMASTER PAYMENT

- - - -  -  -  - - - -
*	1,065.98

66.49 027831

6/11/20 01421

TCF NATIONAL BANK
5/31/20 0520-TR7 202005 300-13100-10000 COBRA 0520-TR70465
5/31/20 0520-TR7 202005 300-13100-10000 COBRA 0520-TR70465
5/31/20 0520-TR7 202005 300-15500-10000 COBRA 0520-TR70465

-  - -  -  -  -  - -  - -  -1-,0-65.-98-
*	8.33
*	33.33
*	58.34

027832

6/11/20 00117

6/11/20 01397

WAGEWORKS, INC.
6/04/20 40958054 202006 390-57200-46000
AIR/ENGINE/FUEL&OIL FLTR
WESCOTURF INC.
6/15/20 706680	202006 350-57200-46100
GOLF CAR MONTHLY PAYMENT 6/15/20 706738	202006 350-57200-46100
GOLF CAR MONTHLY PAYMENT

- -  - - -  -  -  -  - -  - -1-00-.0-0 027833
*	233.10
- -  - - - - -  -  -  -  - -2-33.-1-0 027834
*	97.00
*	164.00

YAMAHA MOTOR FINANCE CORP, USA	261.00 027835

TOTAL FOR BANK B TOTAL FOR REGISTER

62,413.28
62,413.28

VIER --VIERA EAST-- HSMITH

SECTION B

•	•	•	•	•	•

Viera East
Community Development
District

Unaudited Financial Reporting
May 31, 2020

•	•	•	•	•	•	•	•	•	•	•	•	•	•	•

TABLE OF CONTENTS

1 	Balance Sheet 

2-4 	General Fund Income Statement 

Capital  Reserve  Income Statement 

C_a_.p. _it_a_l _R_es_e_r_ve _C_h_e_ck_Re_,g.._is_t_e_r

 	Debt Service Income Statement 

8-11 	Golf Course  Income Statement 

12-13	M_o_n_th_ b.y,.  M_o_n_t_h_- _G_e n_e_r_a_l _Fu_n_d_

14-16 	Month by Month- Golf Course 

17 	Month  by Month- Proshop

18 _ _

_ _ _ _ _

_ _ _

_ _ _

_ _ _ _ _

_L_o-_ng T_e_r_m_ D_eb_t_R_epo_r_t

19 	FY2019 Tax Receipt Schedule 

Viera East
Community Development District
Combined Balance Sheet May 31, 2020

r.nv,.m.me.ural Eu.ud. l;J{lle.s

.JiJJ1f_	Totals

lit:Iw:JlL	Capiral Be.serve.	Oe.bt 5e.O/lce	CoursetBe.cxe.attou (memorandum onlfl 
	Assets		
	Operating Account	$649,849	$6,642		$224,773	$881,265		
	Accounts Receivable				$1,308	$1,308		
	Rent Receivable				$1,366	$1,366		
	Due From Golf Course	$79,649				$79,649		
	Due From General Fund			$174,914	$95,464	$270,377		
	Due From Capital Reserve				$837	$837		
	Due from Debt Service	$17,262			$44,743	$62,006		
	Due from Other				$2,678	$2,678		
	Due from Capital Projects				$26,181	$26,181		
	Inventory - Pro Shop				$110,323	$110,323		
	Ic stmccts· 
State Board		
$234,575			
$234,575		
	Benefit Assessment- Series 2012				$4,085	$4,085		
	Reserve - Series 2012				$280,141	$280,141		
	Bond Service 2006			$334,268		$334,268		
	Improvements (Net of Depreciation)				$1,189,988	$1,189,988		
	Prepaid Expenses- Debt				$136,667	$136,667		
	Prepaid Expenses- Operations	$6,407			$72,024	$78,431		
	Total Assets	$753,167	$241,218	$509,182	$2,190,578	$3,694,144		
	Liabilities							
	Accounts Payable	$3,560			$9,619	$13,179		
	Accrued Expenses	$16,264			$1,098	$17,362		
	Deferred Revenue- Season Advance				$102,567	$102,567		
	Deferred Revenue- Special Assessments O&M				$7,509	$7,509		
	Deferred Revenue- Special Assessments Debt				$166,934	$166,934		
	Deposit-Divots Grill				$2,000	$2,000		
	Due to General Fund			$17,262	$79,649	$96,911		
	Accrued Interest Payable				$19,242	$19,242		
	Sales Tax Payable				$11,418	$11,418		
	Event Deposits				($4,629)	($4,629)		
	Due to Golf Course	$95,464	$837	$44,743		$141,044		
	Due to Debt Service	$174,914				$174,914		
	Accrued Payroll Payable	$4,518			$9,670	$14,188		
	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				($1,314,194)	($1,314,194)		
	Fund Balances							
	Assigned - First Quarter	$176,000				$176,000		
	Nonspendable - Prepaid Expense	$6,407				$6,407		
	Unassigned	$276,042				$276,042		
	Assigned- Capital Reserve Fund		$240,381			$240,381		
	Restricted for Debt Service			$447 ,176		$447,176		
	Total Liabilities, Fund E ui , Other	$753,167	$241,218	$509,182	$2,190,578	$3,694,144		

	Adopted	Prorated Budget	Actual		
	Bud et	5 31 20	5 31 20	Variance	
Revenues					
Maintenance Assessments	$808,157	$808,157	$808,157	$1	
Golf Course Administrative Services	$56,280	$37,520	$37,520	$0	
Interest Income	$100	$67	$5	($62)	
Total Revenues	$864,536	$845,743	$845,682	($6 1 l l	
Administrative Expenditures					
Supervisors Fees	$30,496	$20,331	$13,407	$6,924	
Engineering Fees	$5,000	$3,333	$3,985	($652)	
Attorney's Fees	$5,000	$3,333	$5,854	($2,521)	
Dissemination	$1,000	$667	$667	$0	
Trustee Fees	$5,600	$3,733	$3,733	($0)	
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	$2,081	($1,081)	
Printing & Binding	$2,500	$1,667	$799	$867	
Insurance- Liability	$7,293	$4,862	$4,531	$331	
Legal Advertising	$2,500	$1,667	$0	$1,667	
Other Current Charges	$1,500	$1,000	$443	$557	
Office Supplies	$3,000	$2,000	$265	$1,735	
Dues & Licenses	$175	$117	$117	($0)	
Information Technology	$3,400	$2,267	$2,267	$0	
Total Administrative	$178,404	$118,936	$111,108	$1,s2s 1	

	Adopted	Prorated Budget	Actual		
	Bud et	5 31 20	5 31 20	Variance	
Qperating Expenditures					
Salaries	$141,817	$94,545	$95,601	($1,056)	
Administrative Fee	$1,566	$1,044	$1,080	($36)	
FICA Expense	$10,849	$7,233	$6,735	$498	
Employee Insurance	$8,551	$5,701	$10,273	($4,572)	
Workers Compensation	$2,780	$1,853	$2,611	($758)	
Unemployment	$853	$569	$840	($271)	
Other Contractual	$7,000	$4,667	$5,610	($943)	
Training	$500	$333	$0	$333	
Uniforms	$500	$333	$0	$333	
Total Operating	$174,416	$116,277	$122,749	($6,472)1	

Maintenance Expenditures					
Canal Maintenance	$14,000	$9,333	$0	$9,333	
Lake Bank Restoration	$60 ,000	$55,950	$55,950	$0	
Environmental Services	$20,000	$13,333	$4,210	$9,123	
Water Management System	$99,000	$66,000	$66,269	($269)	
Control Burns	$15,000	$10,000	$0	$10,000	
Contingencies	$5,000	$3,333	$985	$2,348	
Fire Line Maintenance	$5,000	$3,333	$1,275	$2,058	
Basin Repair	$4,000	$2,667	$1,585	$1,082	

Total Maintenance	
$222,000	
$163,950	
$130,274	$33,676 I	

	Adopted	Prorated Budget	Actual		
	Bud et	5 31 20	5 31 20	Variance	
Grounds Maintenance Expenclitures					
Salaries	$154,278	$102,852	$92,945	$9,907	
Ad ministra tive Fees	$3,695	$2,463	$2,398	$66	
FICA	$11,802	$7,868	$6,915	$953	
Health Insurance	$16,867	$11,245	$10,821	$424	
Workers Compensation	$3,024	$2,016	$2,538	($522)	
Unemployment	$2,120	$1,413	$1,860	($447)	
Telephone	$5.000	$3,333	$3,569	($236)	
Utilities	$5,000	$3,333	$4,353	($1,019)	
Property Appraiser	$1,990	$1,990	$1,988	$3	
Insurance	$1,395	$930	$1,008	($78)	
Repairs	$12,000	$8,000	$21,332	($13 ,332)	
Fuel	$7,500	$5,000	$8,919	($3,919)	
Park Maintenance	$3,000	$2,000	$505	$1,495	
Sidewalk Maintenance	$5,000	$5,000	$11,118	[$6,118)	
Chemicals	$5,000	$3,333	$2,505	$828	
Contingencies	$5,000	$3,333	$735	$2,598	
Refuse	$8,000	$5,333	$4,386	$947	
Office Supplies	$750	$500	$176	$324	
Uniforms	$3,000	$2,000	$1,679	$321	
Fire Alarm System	$4,000	$2,667	$1,364	$1,303	
Rain Bird Pump System	$27,576	$18,384	$18,388	($4)	
Maintenance Reserve - Transfer Out	$3,719	$2,479	$2,479	($0)	
Maintenance Reserve - Transfer Out (Excess)	$0	$0	$0	$0	

Total Grounds Maintenance	 	$289,716	$195,474	$201,983		($6,509}1
Total Expenditures	 	$864,536	$594,637		$566,115	$2s,s23 I

Excess Revenue/(Expenditures)	$0	$279,567	
			
Beginning Fund Balance	$0	$178,881	
			
Ending Fund Balance	$0	$458,448	

Capital Reserve Fund Statement of Revenues & Expenditures
For Period Ending May 31, 2020

	Adopted	Prorated Budget		Actual		
	Bud et	5 31 20	5	31 20	Variance	
Revenues						

Interest Income	
$2,500	
$1,667		
$2,858	
$1,191	
Reserve Funding - Transfer In (General)	$3,719	$2,479		$2,479	$0	
Reserve Funding - Transfer In (Golf)	$7,940	$5,293		$13,129	$7,836	
Reserve Funding - Transfer In (General Excess)	$0	$0		$0	$0	

Total Revenues	 	$14,159	$9,439	$18,465		$9,026  1

Expeodiblfes		
Capital Outlay	$100,000	$100,000	$127,231	($27,231)	
Truck Maintenance	$25,000	$0	$0	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	 	$125,000	$100,000	$127,231		($ 27,231 )I

Excess Revenues/(Expenditures)	{$11.0,841 }	 		($10 8,765 }	 		
Beginning Fund Balance	$283,792		$349,146		
					
Ending Fund Balance	$172,950		$240,381		

Viera East
Community Development District
Capital Reserve  Fund Capital Outlay Check Register Detail
For Period  Ending May 31, 2020

Check Date	Vendor	Detail	Amount
Capital Qutla;y
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	
1/23/20	Landscape Depot ofBrevard Inc	Landscaping	$	836.78	
3/31/20	Regions Bank	Wire Fee	$	15.00	
4/9/20	Regions Bank	Wire Fee	$	15.00	
4/9/20	Shutts & Bowen LLP	Litigation Services	$	30,410.70	
Total	$ 1271230.51	

Page 6

Viera East
Community Development District
Debt Service Fund Statement of Revenues & Expenditures
For Period Ending May 31, 2020

	Adopted	Prorated Budget	Actual		
	Bud et	5 31 20	5 31 20	Variance	
Revenues					
Special Assessments	$2,376 ,29 7	$2,376 ,29 7	$2,376,297	$0	
Interest Income	$1,500	$1,000	$948	($52)	

Total Revenues	 	$2,377,797	$2,377,297	$2,377,245		($52)1

Expenditures		
Series 2006
Interest-11/1	
$184,719	
$184,719	
$184,719	
$0	
Interest-5/1	$184,719	$184,719	$184,719	$0	
Principal-5 /1	$2,020,000	$2,020,000	$2,020,000	$0	
Total Expenditures	 	$2,389,438	$2,389,438		$2,389,438			so] Excess Revenues/(Expenditures)			{$11,641) 					{$12,192)				 Beginning Fund Balance			$466,966				$459,368
Ending Fund Balance	$455,326	$447,176

Page 7

II

Adopted	Current Month
Bud et	Actuals	Budget	Variance

Year-to-Date
Actuals	Bu!!l!et	Variance

Number of Rounds		
Paid Rounds	35,250	3,278	2,979	299	24,729	25,955	(1,226)	
Member Rounds	10,000	883	845	38	6,443	7,363	(920)	
Comp Rounds	3,000	590	254	337	2,542	2,209	333	
EZ Llnks	3,000	181	254	(73)	1.848	2,142	(294)	
GolfNow	2,000	292	169	123	1,986	1,473	513	
Total Memberships
Revenue per Round	60	5		5	61	60	1	
Paid Rounds	$41	$30	$34	($4)	$38	$43	($4)	
Revenues								
Greens Fees/Cart Fees	$1,460,610	$99,426	$102,243	($2.1117)	$950,227	$1,111,524	($161,297)	
Gift Cards - Sales	$25,000	$716	$1,750	[$l.034j	$5,737	$19,025	[S1.3.288)	
Gift Cards - Usage	($25,000)	($551)	($1,750)	$1,199	($10,185)	($19,025)	$8,840	
Season Advance/Trail Fees	$210,000	$17,803	$14,700	$3,103	$146,454	$159,810	(:i:13,356)	
Associate Memberships	$42,000	$2,291	$2,940	($6, 9)	$28,598	$31,962	[$3,364)	
Driving Range	$80,000	$7,043	$5,600	$1,443	$51,700	$60,880	[$9,180)	
Golf Lessons	$2,100	$175	$147	$28	$1,400	$1,598	($198)	
Merchandise Sales	$115,000	$8,607	$8,050	$557	$75,607	$87,515	($11,908)	
Restaurant	$20,000	$1,870	$1,400	$470	$18,710	$15,220	$3,490	
Special Assessments - Operations	$22,527	$1,877	$1,876	$1	$15,018	$15,012	$6	
Miscellaneous Income	$15,000	$1,280	$1,250	$31	$18,094	$9,996	$8,098	

Total Revenues	 	$1,961,2311 I   $140,538	$138,206	sz,333  11       $1,301,360	$1,493,517	($192,l   SBJ I

Golf Course Expenditures		
Other Contractual Services	$15,000	$1,215	$1,250	$35	$10,125	$9,996	($129)	
Telephone/Internet	$5,500	$106	$458	$352	$2,175	$3,665	$1,490	
Postage	$1,500	$90	$125	$35	$6,291	$1,000	($5,292)	
Printing & Binding	$1,000	$0	$83	$83	$0	$666	$666	
Utilities	$5,000	$479	$417	[$63)	$3,705	$3,332	($373)	
Repairs & Maintenance	$7,000	$0	$583	$583	$573	$4,665	$4,091	
Advertising	$45,000	$1,248	$3,749	$2,500	$20,758	$29,988	$9,230	
Bank Charges	$30,500	$3,099	$2,541	($558)	$25,714	$20,325	($5,389)	
Office Supplies	$4,000	$166	$333	$168	$2,338	$2,666	$328	
Operating Supplies	$5,000	$337	$417	$80	$2,38 3	$3,332	$949	
Dues, Licenses & Subscriptions	$8,000	$0	$666	$666	$5,629	$5,331	($298)	
Drug Testing - All Departments	$200	$0	$17	$17	$190	$133	($57)	
Training, Education & Employee Relations	$3,000	$359	$250	($109)	$2,995	$1,999	($996)	
Contractual Security	$3,000	$191	$250	$59	$1,210	$1,999	$789	
IT Services	$3,000	$0	$250	$250	$190	$1,999	$1,809	
Total  Golf Course Expenditures	$136,70011 	$7,289	$11,387	$4,098 11 	$84,277	$91,097		$6,819  1

II	II

Adopred	Current Month	Year-to-Dare

Restaurant Expenditures								
Utilities	$10,500	$481	$887	$406	$5,612	$7,731	$2,119	
Pest Control	$1,200	$95	$101	$6	$761	$884	$123	
Equipment Lease	$1,100	$98	$93	($5)	$782	$810	$28	
Total Restaurant Expenditures	$12,80011	$674	$1,082	$408 11	$7,155	$9,425	$2,269 1	
Golf Operation Expenditures								
Salaries	$237,500	$19,098	$19,791	$693	$150,497	$158,327	$7,830	
Administrative Fee	$17,793	$1,760	$1,483	($277)	$13,569	$11,862	($1,707)	
FICA Expense	$18,781	$1,461	$1,565	$104	$11,501	$12,520	$1,019	
Health Insurance	$707	$0	$59	$59	$368	$471	$103	
Workers Compensation	$4,812	$522	$401	($1 21 ]	$4,150	$3,208	($942)	
Unemployment	$12,786	$993	$1,065	$72	$7,028	$8,524	$1,496	
Golf Printing	$2,200	$0	$183	$183	$1,206	$1,467	$261	
Utilities	$22,500	$1,337	$1,875	$538	$12,762	$15,000	$2,238	
Repairs	$250	$145	$21	($124j	$145	$167	$22	
Pest Control	$1,200	$95	$100	$5	$761	$800	$39	
Supplies	$8,000	$493	$667	$174	$10,811	$5,333	($5,477)	
Uniforms	$1,500	$883	$125	($758)	$2,745	$1,000	($1,745)	
Training. Education & Employee Relations	$2,000	$0	$167	$167	$260	$1,333	$1,073	
Fuel	$500	$0	$42	$42	$0	$333	$333	
Cart Lease	$90,753	$8,464	$7,563	($901)	$48,748	$60,502	$11,754	
Cart Maintenance	$4,000	$0	$333	$333	$3,482	$2,667	($815)	
Driving Range	$10,000	$0	$833	$833	$3,428	$6,667	$3,239	
Total Golf Operation Expenditures	$435,28211	$35,250	$36,273	s1,022 11	$271,459	$290,180	$18,121	

Budget	 Actuals	Budget	Variance	 Actuals		Budget	 Variance	

I
Merchandise Sales
Cost of Goods Sold	$77,000	$4,651	$6,417	$1,766	$48,671	$51,333	$2,662
Total Merchandise Sales	 	$77,oooll	$4,651	$6,417	u,166 11	$48,671	$51,333	s2,662 I

II

Adopted	Current Month	Year-to-Date

Golf Course Maintenance								
Salaries	$470,000	$36,402	$39,167	$2,764	$283,168	$313,333	$30,165	
Administrative Fees	$11,867	$903	$989	$86	$7,312	$7,911	$599	
FlCA Expense	$36,060	$2,736	$3,005	$269	$20,951	$24,040	$3,089	
Employee Insurance	$58,245	$4,318	$4,854	$536	$30,645	$38,830	$8,185	
Workers Compensation	$11,316	$992	$943	($49)	$7,673	$7,544	[$.l 29 )	
Unemployment	$7,857	$189	$655	$465	$6,048	$5,238	($()10)	
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	$171	$333	$163	$1,409	$2,667	$1,258	
Telephone/Internet	$500	$0	$42	$42	$0	$333	$333	
Utilities/Water	$26,200	$2,241	$2,183	($57)	$17,208	$17,467	$259	
Repairs	$48,000	$4,311	$4,000	($311]	$25,649	$32,000	$6,351	
Fuel &Oil	$40,000	$1,856	$3,333	$1,477	$18,630	$26,667	$8,037	
Pest Control	$1,000	$77	$83	$6	$866	$667	($199)	
Irrigation/Drainage	$30,000	$1,485	$2,500	$1,015	$9,875	$20,000	$10,125	
Sand and Topsoil	$26,500	$1,282	$2,208	$927	$7,946	$17,667	$9,720	
Flower/Mulch	$7,000	$350	$583	$233	$8,527	$4,667	[$3,860)	
Fertilizer	$139,000	$15,983	$11,583	(H.400)	$86,003	$92,667	$6,663	
Seed/Sod	$16,500	$1,244	$1,375	$131	$8,120	$11,000	$2,880	
Trash Removal	$2,000	$282	$167	($115)	$1,267	$1,333	$66	
Contingency	$6,000	$536	$500	($36)	$3,214	$4,000	$786	
First Aid	$600	$134	$50	($84]	$696	$400	($296)	
Office Supplies	$1,000	$44	$83	$40	$158	$667	$509	
Operating Supplies	$17,500	$929	$1,458	$529	$3,357	$11,667	$8,309	
Training	$500	$342	$42	($300)	$1,251	$333	($917)	
Janitorial Supplies	$1,500	$0	$125	$125	$30	$1,000	$970	
Soil & Water Testing	$1,000	$0	$83	$83	$0	$667	$667	
Uniforms	$8,500	$592	$708	$117	$5,452	$5,667	$214	
Equipment Rental	$2,500	$0	$208	$208	$0	$1,667	$1,667	
Equipment Lease	$163,000	$13,589	$13,583	($5j	$116,136	$108,667	($7,469)	
Small Tools	$500	$0	$42	$42	$0	$333	$333	

 	Bud et	Actuals	Budget	Variance	 Actuals		Budget	Variance

Total Golf Course Maintenance	 	$1,145,06511      $91,486	$95,422	$3,936 11      $675,593	$763,377	se1,1e3 I

II	II

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

Administrative Expenditures		
Legal Fees	$1,500	$0	$125	$125	$1,740	$1,000	($740)	
Arbitrage	$600	$20	$50	$30	$370	$400	$30	
Dissemination	$1,000	$83	$83	$0	$667	$667	$0	
Trustee Fees	$4,100	$342	$342	($0)	$2,733	$2,733	(SO)	
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	$70,000	$5,501	$5,833	$333	$44,865	$46,667	$1,802	
Property Taxes	$10,000	$1,535	$833	($701)	$10,208	$6,667	($3,542)	
Total Administrative Expenditures	$144,98011	$12,296	$12,082	s1 211-i ll	$99,103	$96,653	{$2,4S OJ I	
Renewal & Replacement	$7,940	$0	$662	$662	$13,129	$5,293	($7,83.5)	
Operating Reserves	$0	$0	$0	$0	$0	$0	$0	
Tolal Reserves	$7,94011 	$0	$662		$662 11	 	$13,129	$5,293		($7,a3s J I	
Total Revenues	st,967,2311I  $140,538	$138,206		sz,33 3 11	     $1,301,360	$1,493,517		cs 1 <>2,1s a1l	
Total Expenditures	s1,9s9,1611I   $151,646	$163,323		s11,677 11	       $1,199,389	$1,307,358 	$107,9691	
Operating Income (Loss)	s1,410 11	[ $11,108 }	($25,ll.8)	$14,010 11	$101,971	$186,159	!$84,188!1	
Non Operating Revenues/(Expenditures)								
Special Assessments	$558,355	$46,530	$46,530	$0	$372,236	$372,237	($0)	
Interest Income	$1,000	$5	$83	($78)	$244	$667	($423)	
Transfer In	$0	$0	$0	$0	$0	$0	$0	
Interest Expense	($156,825j	($13,069)	($13,069)	$0	($104 ,5.50)	( 104,550)	$0	
Principal Expense	 	($410,000 I		1$34,1671	($34,167i	$0	!$273,333 )	($273,333i	 	($01	

Total  Non Operating Revenues/(Expendltures)	($7,470111	{$ 701) 	( $623	

($   78]   1	!5 5,403 } 	($4,980	

($423}1

Change in Net Assets	 	soil  ($11,808J      {$25,740)		s13,932 11         $96,568	$181,179	1$a4,611 J I Beginning Net Assets	 	soJ 			($1,410,762  )   				 Ending Net Assets	 	sol			{$1 ,314,194 !			

Revenues

Oct ober	Noveml!sr	December	1anu.aa	Februa	ch	6ern	Ma	1une	l:e1i	Aul!,!it	tem]m:	Tot!I

Maintenance Assessments		$0        $382,898	$319,794	$19,283       $13,842	$7,030         $26,867          $38,442	$0	$0	$0	$0	$808,157 Golt 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 lntErestlnoome		$0		$0			$0			$0		$5		$0		$0		$0	$0	$0 $0 $0 $5
Total Revenues	,690         l:387,588	!3 :1;,484          ;tz3,973        !18,537	mm  EJ,5S7        J:!},U2	i!	2!	i!	10	214s   ,602   I

Administrative Expenditures

Supeivisors Fees	$3,588	S920	$688	$1,387           $2,551	$2,551	$335	$1,387	$0	$0	$0	$0	$13,407
Engineering Fees	$0	$480	$0	$0	$0	$1,875	$670	$960	$0	$0	$0	$0	$3,985
Attom ey's Fees	$2,404			$0			$0			$0			$0			$0	$229	$3,222	$0	$0	$0	$0	$5,854 Dissemination			$83		$83		$83		$83		$83		$83		$83		$83	so	$0	so	so		$667 Trustee Fees		$467	$467	$467	$467	$467	$467               $467               $467                   $0                   $0                      $0                       $0                 $3,733
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                                                                                         $265                  $96                 $389                  $23             $367                 $284              $396               $262                   $0                   $0                      $0                       $0                 $2,081
Printing & Binding	$82	$221	$342	$44	$44	$66	$0	$0	$0	$0	$0	so	$799
lnsuranceR Liability	$566	$566	$566	$566	$566	$566	$566	$566	$0	$0	$0	$0	$4,531 Legal Advertising			$0			$0			$0			so		$0			$0		$0		$0	so	$0	$0	$0		so Other Current Charges		S25		$79		$46		$23	$119		$23                $92                 $36                  $0                  $0                  so                  $0                   $443 Office Supplies                                                                      $21                 $21                   $41                 $20               $21                   $20                   $0              $120                   $0                   $0                      $0                       $0                       $265 Dues & Licenses                                                         $15                  $15                   $15                 $15               SIS                     $15                 $15                $15                   $0                   $0                      $0                       $0                       $117 Information Technology                                                              $283                $283                 $283               $283             $283                 $283               $283               $283                   $0                   $0                      $0                       $0                 $2,267

Total Administrative	116,919	}12,352	Hi ,0 -n	112,031	113,636	f! SJ S'.I	l lZ 56	U65Zl	10	SI	!!!	so	a11.1oe I	
Operating Expenditures														
Salaries	$12,066	$12,980	$10,870	$12,479	$10,196	$12,798	$11,862	$12,349	$0	$0	$0	$0	$95,601	
Adminl.stra tion Fee	$137	$146	$124	$142	$124	$137	$133	$137	$0	$0	$0	$0	$1,080	
FICA Expense	$903	$985	$719	$853	$746	$826	$812	$891	$0	$0	$0	$0	$6,735	
Health Insurance	$424	$872	$2,742	$1,310	$1,120	$1,281	$612	$1,912	$0	$0	$0	$0	$10,273	
Workers Compensation	$330	$354	$297	$341	$298	$330	$324	$337	$0	$0	$0	$0	$2,611	
Unemployment	$0	$0	$0	$546	$90	$100	$100	$4	so	$0	$0	$0	$840	
Other Contractual	$667	$718	$667	$688	$688	$595	$716	$872	$0	$0	$0	$0	$5,610	
Training	$0	$0	$0	$0	so	$0	So	$0	$0	$0	$0	$0	$0	
Uniforms	$0	$0	$0	$0	$0	$0	so	$0	$0	$0	$0	$0	$0	
Total Operating	U ,s 1        U§,g	U d20          11fi.! fiD      u  .62	11606!!        1asg       H :iill	ig	iY	Sl	!2	u  .119 I

PagelZ

Oc-tohB

ovember	Decem er

ne

Maintenance Expenditures

Canal Maintenance		$0		$0	$0		$0		$0	$0		$0	$0	$0	$0	so	$0		so Lake Bank Restoration		so        $18,045	$0	$37,905		$0	$0		$0	$0	$0	$0	$0	so	$55,950 Environmental Services	$2,620	$320	$0		$0	$989	$0	$61                  $220                       $0                      $0                          $0                           $0                      $4,210
Water Management System	$8,059	$8,087	$9,087	$8,087	$7,887	$9,287	$7,887	$7,887	$0	$0	$0	$0	$66,269 Control Bums		$0		$0		$0			So		$0		$0		$0		$0	$0	$0	$0	$0		$0 Contingencies		$0		$0		so		$985		$0		SD                  $0                      $0                      $0                      $0                        $0                        $0                        $985 Fire Line Maintenance                                                            $0                        $0                         $0                      $0                   $0                   $975                     $0                 $300                      $0                      $0                         $0                          $0                       $1,275  Basin Repair                                                                                  $0                       $0                         $0                       $0                    $0                 $1,585                      $0                      $0                      $0                      $0                          $0                           $0                    $1,585

Total Maintenance	$10. 679	$26.452	$9.087	Jt6.977       se.1116	$11.847	57.948	$8.407	$0	so	so	so mo.2141
Grounds Mainrenanre Expenditures

Salaries	$11,474	$12,005	$10,134	$11,946       $10,472	$11,861	$12,348	$12,706	$0	$0	$0	$0	$92,945
Administrative Fees	$305	$324	$275	$314	$275	$305	$295	$305	$0	$0	$0	$0	$2,398
FICA	$852	$901	$749	$885	$776	$879	$917	$957	$0	$0	$0	$0	$6,915
Health Insurance	$1,100	$1,385	$1,463	$1,371	$1,227	$1,381	$1,245	$1,649	$0	$0	$0	$0	$10,821 Workers Compensation		$314		$328		$277		$326		$286		$324		$337		$347	$0	$0	$0	$0		$2,538 Unemployment			$22			$24			$20		$836		$450		$297                 $160                    $50                    $0                     $0                     $0                     $0                     $1,860 Telephone                                                                       $432                  $535                     $529                  $519               $517                    $519                 $519                      $0                      $0                      so                 $0                           $0                        $3,569 Utllllies                                                                                  $628                  $516                     $525                  $487               $487                    $514                 $655                  $540                       $0                      $0                          $0                           $0                        $4,353 Property Appraiser                                                            $0               $1,988                         $0                       $0                    $0                        $0                      $0                      $0                      $0                      $0                         $0                          $0                       $1,988 Insuran ce- Property                                                        $126                  $126                    $126                  $126               $126                    $126                 $126                 $126                      $0                      $0                          $0                           $0                        $1,008 Repairs                                                                                     $4,835               $3,733                 Sl,369                  $688               $797                 $9,031                 $275                  $604                       $0                       $0                          $0                           $0                    $21,332
Fuel	$1 ,159	$,1 189	S!,495	$986	$1,065	S1,215	$952	$858	so	$0	SD	so	$8,919
Park Maintenance	$0	$0	$0	$0	$0	$505	$0	$0	$0	$0	$0	$0	$505
Sidewalk Repair		$0	$11,118	$0		$0		$0	$0		$0	$0	$0	$0	$0	$0	$11,118 Chemicals	$435		$207	$0	$337	$529	so	$998	$0	$0	$0	$0	$0		$2,505 Condngencies		$0			$0	$0	$735		$0	$0                     $0                     $0                     so             $0                        $0                         $0                       $735
Refuse	$240	$0	$720	$786	$480	$960	$480	$720	$0	$0	$0	$0	$4,386
Office Supplies	$0	$0	$0	$0	$0	$111	$54	$11	$0	$0	$0	$0	$176
Uniforms	$232	$186	$232	$186	$196	$249	$199	$199	$0	$0	$0	$0	$1,679
Fire Alarm System	$171	$171	$171	$171	$171	$171	$171	$171	$0	so	$0	$0	$1,364
Rain Bird Pump System	$2,298	$2,298	$2,298	$2,298	$2,298	$2,298	$2,299	$2,298	$0	$0	$0	$0	$18,388 Maintenance Rese tve-TransferOut		$310		$310		$310		$310		$310		$310		$310		$310	$0	$0	$0	$0		$2,479 Maintenance Resetve-Transfer Out (PY Excess)			$0			$0			$0			$0			$0			$0                     $0                     $0                     $0                     $0                        $0                         $0                             $0
Total Grounds Maintenance	ll  ! ,933	f 37J  43	U  2,§93	1p13 05          12 0 .j 63	1.0 55          EZ,339	1  1,l!Sl	so          so	so	so        1201.9831

Total Expenditures	567, 057	$92,! 01	 	$57.241	$98,674 	ss6a37	$741  323	ss 1 1101	$63 ,2 80	 	$0		$0		$0		$0		$566 ,11 5 1	
Excess Revenue/(Expenditures)	156? 367}	$295,:!87	$267a44	!S74,702 J	f$37 700 J	jS6l.1,111J	1ns,s1,,41	1s20, 1u 1	so	so	so	$0	$279,5671	

Page 13

	October	November	December	1anu!!I	Febrwa!Z	March	Aerll	Ma	1une		jult		Au t	Se.e	tember	Total	
Number of Rounds																
Paid Rounds	2,598	2,813	2,185	3,054	3,621	4,235	2,945	3,278		0		0	0	0	24,729	
Member Rounds	574	647	566	955	807	1,061	950	883		0		0	0		6,443	
Comp Rounds	192	259	187	380	316	366	252	590		0		0	0	0	2,542	
EZLlnks	157	245	191	302	362	232	178	181		0		0	0		1,848	
GolfNow	!OS	165	147	196	324	444	313	292		0			0	0	1,986	
Revenu eper Round																
Paid Rounds	$31	$38	$39	$44	$47	$40	$35	$30		$0		$0	$0	$0	$305	

Greens Fees	
$79,719	
$107,182	
$85,489	
$135,425	
$170,915	
$167,889	
$104,181	
$99,426		
$0		
$0	
$0	
$0	
$950 ,227.34	
Gift Cards• Sales	S294	$884	$1,732	$371	$893	$635	$213	$716		$0		$0	$0	$0	$5,737	
Gift Cards- Usage	(S l 79)	($J..45!l)	(.Sl.l l 9)	($2,432)	($1,833)	($1,819)	(S795)	($551)		$0		$0	$0	$0	(SHJ,185)	
Season Advance/frail Fees	$15,718	$16,380	$18,608	$19,936	$19,337	$20,130	$18,542	$17,803		$0		$0	$0	$0	$146,454	
Associate Memberships	$2,765	$3,397	$3,634	$8,216	$3,555	$2,607	$2,133	$2,291		so		$0	$0	$0	$28,598	
Driving Range	$3,577	$4,961	$5,035	$7,698	SS,168	$7,006	$8,212	$7,043		so		$0	$0	so	$51,700	
Golf Lessons	$175	$175	$175	$175	$175	$175	$175	$175		$0		$0	$0	$0	$1,400	
Merchandise Sales	$6,479	$8,654	$10,744	$8,375	$12,097	$9,935	$10,715	$8,607		$0		$0	$0	$0	$75,607	
Restaurant	$1,237	$2,018	$2,617	$2,027	$3,507	$2,372	$3,061	$1,870		$0		$0	$0	$0	$18,710	
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	
Miscellane ous Income	$1,201	$2,083	$1,331	$2,330	$3,362	$4,524	$1,983	$1,280		$0		$0	$0	$0	$18,094	
Total Revenues	$112.863	$146,154	$130,124	$183,998	s22z ,053	$215.,!32	SIS0 ,2 98	$14 0 ,538	$0	$0	$0	$0	11c! Dl .,!60 I	
Ga{[Cau o:e Rmeudi1J1 res·
Other Contrartual Services	$2,147	

$1,180	

$812	

$1,403	

$782	

$1,590	

$996	

$1,215	
so·	

$0	

$0	

$0	

$10,125	
Telephone/Internet	$393	$289	$393	$393	$393	$104	$104	$106	$0	$0	$0	$0	$2,175	
Postage	$3,074	$3,080	$47	$0	$0	$0	$0	$90	$0	$0	$0	$0	$6,291	
Printing & Binding	$0	so	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Utilities	$481	$483	$474	$517	$400	$358	$513	$479	$0	$0	$0	$0	$3,705	
Repairs & Maintenance	$117	$20	$287	$250	$0	$0	rs:,.co)	$0	$0	$0	$0	$0	$573
Advertising	$1,989	$3,559	$4,503	$2,987	$2,444	$2,430	$1,598	$1,248	$0	$0	$0	$0	$20,758
Bank Charges	$1,669	$2,301	$3,021	$2,653	$4,043	$4,545	$4,382	$3,099	$0	$0	$0	$0	$25,714
Office Supplies	$221	$258	$314	$120		$242	$772	$245	$166	$0	$0	$0	$0	$2,338 Operating Supplies	$224	$149	$177	$499		$149	$254	$593	$337	$0	$0	$0	$0	$2,383 Dues, Licenses & Subscriptions	$150		$0	$150	$100	$4,729		$0                $500                       $0                       $0                    $0                       $0                       $0                       $5,629 Drug Testing 4     All Oepartrnent.s                                                   $142                           so               $0                        $47                      $0                         $1                    $0                        $0                          $0                    $0                     $0                       $0                             $190 Training. Education & Employee Relations                                  $20                         $165              $2,268                   $165                      $0                         $0                  $18                   $359                         $0                   $0                    $0                      $0                         $2,995 Contractual Sec.,nity                                                                                          $0                        $246                      $0                    $196                  $196                     $191              $191                  $191                         $0                   $0                     $0                        $0                        $1,210
IT Services	$0	$0	$0	so	$0	$190	$0	$0	$0	$0	$0	$0	$190
Total Golf Course Expenditures	$10,628	$11,730	$12,445	$9,331	$13,379	$10,435	$, 9 041	$7,289	$0	$0	$0	so	$84 ,277 1

Besnzu mut f)qzeurtitn res·

Utilities	$775	$760	$701	$686	$836	$768	$605	$481	$0	$0	$0	so	$5,612
Pest Control	$95	$95	$95	$95	$95	$95	$95	$95	$0	$0	$0	$0	$761
Equipment Lease	$98	$98	$98	$98	$98	$98	$98	$98	$0	$0	$0	$0	$782
Total Restaurant Expenditures	$968	$953	$894	$879	s11029	5961	$798	$674	$0	so	$0	so	s, 11s s I

Page 14

October	November	December	March	A  rll	Ma	une	tember	Total

Go([Qremctarnr		
Salaries	$17,027	$20,356	$13,890	$19,181	$17,657	$20,778	$22,508	$19,098	$0	$0	$0	$0	$150,497	
Administrative Fee	$1,720	$1,918	$1,490	$1,754	$1,535	$1,744	$1,647	$1,760	$0	$0	$0	$0	$13,569	
FICA Expense	$1,290	$1,557	$1,063	$1,467	$1,351	$1,590	$1,722	$1,461	$0	$0	$0	$0	$11,501	
Healtti Insurance	$46	$54	$54	$54	$54	$54	$54	$0	$0	$0	$0	$0	$368	
Workers Compensation	$504	$556	$380	$524	$475	$576	$613	$522	$0	$0	$0	$0	$4,150	
Unemployment	$649	$675	$409	$1,264	$1,005	Sl,036	$998	$993	$0	$0	$0	$0	$7,028	
Golf Printing	so	$402	$402	$402	$0	$0	$0	$0	$0	$0	$0	$0	$1,206	
Utilities	$1,640	$1,645	$1,697	$1,436	$1,766	$1,623	$1,618	$1,337	$0	$0	$0	$0	$12,762	
Repairs	$0	$0	$0	$0	$0	$0	$0	$145	$0	$0	$0	$0	$145	
Pest control	$95	$95	$95	$95	$95	$95	$95	$95	$0	$0	$0	$0	$761	
Supplies	$681	$751	$1,163	$1,689	$1,243	$1,183	$3,607	$493	$0	$0	$0	$0	$10,811	
Unlfonns	$0	$0	$1,778	$0	$84	$0	$0	$883	$0	$0	$0	$0	$2,745	
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	$1,578	$6,961	$7,992	$7,528	$8,227	$8,464	$0	$0	$0	$0	$48,748	
Cart Maintenance	$1,709	$521	{$546)	$1,392	$120	$287	so	so	$0	$0	$0	so	$3,482
Driving Range		$0		$0		$0		$3,174		$0		$0		$254		$0	$0	$0	$0	$0		$3,428 Total Golf Operation Expenditures	$291381	$321508	$23<712	$39,394	$33,:!77	$36,493	S4l,i!43	$35,250	$0	$0	 $0	$Cl	S27 l1♦ S9 I Men;baudise >Pies-
Cost of Goods Sold	$806	$6,230	$8,527	$7,960	S6,389	$5,813	$8,297	$4,651	$0	$0	$0	$0	$48,671
Total Merchandise Sales	$806	S6 30	se,s21	$7,960	S6c!89	ss 18t3	sa ,2 91	S♦,651	$0	$0	$0	$0	$48 71 I
GolfCamu: Mointennoce·
Salaries	$34 ,970	S38,528	$32,514	$37,480	S32,323	S36,167          $34,784	$36,402	$0	so	$0	$0	$283,168
Administrative Fees	$940	$958	$815	$932	$815	$903	Sl,046	$903	$0	$0	$0	$0	$7,312
FICA Expense	$2,599	$2,910	$2,392	$2,776	$2,393	$2,678	$2,467	$2,736	$0	$0	$0	$0	$20,951
Employee Insurance	$2,209	$4,974	$3,720	$3,672	$4,820	$3,750	$3,182	$4,318	$0	$0	$0	$0	$30,645 Workers Compensation		$953	Sl,048		$889	$1,022		$881		$986		$902		$992	$0	$0	$0	$0		$7,673 Unemployment		$129		$178		$147	$2,488	$1,419	$1,035               $464                 $1B9                        $0                   $0                    $0                      $0                      $6,048
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	$171	$171	$216	$171	$171	$171	$171	$171	$0	so	$0	$0	$1,409 Telephone/Internet		$0		$0		so		$0		so		$0                    $0                     $0                     $0                     so              $0                     $0                     $0 Utilities/WatR.r                                                                                      $2,440                    $2,089              $2,043                $1,886              $1,916                $1,932            $2,661              $2,241                         $0                    $0                     $0                       $0                     $17,208
Repairs	$2,721	$3,896	$1,827	$3,449	$2,144	$3,382	$3,919	$4,311	$0	$0	$0	$0	$25,649
Fuel&Oil	$2,353	$2,413	$3,036	$2,297	$2,275	$2,467	$1,931	$1,856	$0	$0	$0	$0	$18,630
Pest Control		$327			$77		$77			$77			$77		$77		$77		$77	$0	$0	$0	$0		$866 Irrigation/Drainage	$1,120	$1,140	$1,328	$1,540		$922	$1,554	$787	$1,485	$0	$0	$0	$0	S9,875 Sand and Topsoil			$0		$353		$84		$954	$3,073	$1,231               $970               $1,282                        $0                   $0                    $0                      $0                      $7,946
Rower/Mulch	$678	$95	$2,295	$1,185	$2,988	$936	$0	$350	$0	$0	$0	so	$8,527
Fertilizer	(Sl ,608 )	$4,186	$13,131	$11,834	$12,500	S14,538         $15,439	$15,983	so	so	$0	so	$86,003
Seed/Sod	so	$349	$1,244	$1,244	$1,244	Sl,552	$1,244	$1,244	$0	$0	$0	$0	$8,120
Trash Removal	$282	$141	$0	$282	$0	$141	$141	$282	$0	$0	$0	$0	$1,267
Contingency	$0	$0	$536	$536	$536	$536	$536	$536	$0	$0	$0	$0	$3,214
First Aid	$199	$0	$0	$160	$0	$0	$202	$134	$0	$0	$0	so	$696
Office Supplies		$0		$0		$0	$0		$0		$114		$0		$44	$0	$0	$0	$0		$158 Operating Supplies	$219	$93		$0	$0	$301	$1,514	$301	$929	$0	$0	$0	$0	$3,357 Training		$0		$0	$223	$0	$686			$0                   $0                  $342                        $0                   $0                    $0                      $0                      $1,251
Janitorial Supplies		$0		$0		$0		$0		$0		$0	$30	$0	$0	$0	$0	$0	$30 Soil & Water Testing		$0		$0		so		$0		$0		$0		$0	so	$0	$0	$0	$0		$0 Uniforms	$771	$548	$1,048	$560	$585	$757                 $592                    $592                           $0                     $0                       $0                         $0                          $5,452
Equipment Rental	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Equipment Lease	$13,645	$13,645	$20,202	$15,323	$12,579	$13,588          $13,565	$13,589	$0	$0	$0	$0	$116,136
Small Tools	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Golf Course Maintenance	565,619	$78,292	$88,266	$90,366	$85,146	$90,509        585,909	$91 86	$0	$0	$0	$0	567 5,59) I
Page 15

Viera East Golf Course
Month to Month

October	November	December	anu	Februar	March	A	rfl	Ma	une	ul	Au	ust	1em	r	Total	

Administrottve BmendfWms·
Legal Fees	
$304	
$0	
$0	
$531	
$0	
$905	
$0	
$0	
$0	
$0	
$0	
$0	
$1,740	
Arbitrage	$50	$50	$50	$50	$50	$50	$50	$20	$0	$0	$0	$0	$370	
Dissemination	$83	$B3	$BJ	$83	$83	$83	$83	$83	$0	$0	$0	$0	$667	
Trustee Fees	$342	$342	$342	$342	$342	$342	$342	$342	$0	$0	$0	$0	$2,733	
Annual Audit	$125	$125	$125	$125	$125	$125	$125	$125	$0	$0	$0	$0	$1,000	
Golf Course AdministrativeServices	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0	$0	$0	$0	$37,520	
Insurance	$5,501	$5,501	$6,360	$5,501	$5,501	$5,501	$5,501	$5,501	$0	$0	$0	$0	$44,B65	
Property Taxes	$0	$571	$1,964	$1,535	$1,535	$1,535	$1,535	$1,535	$0	$0	$0	$0	$10,208	
Total AdministrativeExpenditures	$111095	$11&;!62	$13,614	$12,856	$12,325	$13,230	s 12.;i2s	$12 96	$0	$0	$0	$0	$99,103 1	
II#=
Renewal & Replacement	
$1,667	
$2,256	
$2,924	
$2,602	
$3,680	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$13,129	
Operating Reserves	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Total R erves	 	S1,667	$2,! 56	sz,924	szeoz	$316B0 	$0	$0	$0	$0	$0	$0	so	$ 13.12 9 1	
Total Revenues	S11Z1B63	$146,154	$130,124	      $18, 3998 	$2221053	$215,332	$150 98	$140,538	 	$0	$0	$0	so	Sl ,:!0 1 60 I	
TotalExpenditures	Stzo,161	$143,:!29	$150,382	      $163.388 	$155,;!25	$157,441	   SIS?,713 	$151,646	 	so	$0	$0	so	$11t99 1u 9 I	

Operating Income (Loss)	jS7,301j	$2i!!24	1s20.2ss1	szo   161  0	$661 728	SS?,891	[$7.4151	1s11,1os1	$0	$0	$0	$0	$101,9711

Special Assessments - Debt Service	$46,530	$46,530	$46,530	$46,529	$46,530	$46,530	$46,530	$46,530	so	$0	$0	$0	$372,236	
Interest Income	$42	$46	$35	$36	$36	$30	$13	$5	$0	$0	$0	$0	$244	
Transfer In	$0	$0	$0	$0	$0	$0	$0	$0	so	$0	$0	$0	$0	
Interest.Exp en se	( 13.0fi<J)	f.$1.3,U6CJ)	($13,069)	($13,0GJ )	($13.0•,9)	($l 3,0 <,<})	($13.of,9)	($! 3,1!(,9 )	$0	$0	$0	$0	{$]04,550j	
Principal Expense	($34,167)	($34,](,7)	($34,167)	($34J.f,7)	($34,l.67)	(S:l4,167)	($34,1(,7}	($34,lf,7)	$0	$0	$0	$0	($213,333)	

au a,u:c11Urui &:1:a1u:ia 1u:a".Hiaa:i1·

Total Non Operating  Revenues/(Expenditures]	{$664J	'$660!	f$671i	($6701   	($6701	'S:676J	I  1;,? 21     	1$701'1	  $0	$0	 $0	So		◄113·•1
Net  Non  Operating Income/ (Loss)	j$7,965I	$2,164	j$209Z8j	$19,940	$66,058	S57 ,215	css .10 0 1	1s11,sos1	$0	$0	$0	$0	s 6,568 1

Page 16

Viera East
Community Development District

ProShop
Statement of Revenues & Expenditures

October	November   December	januari::	Februari::	March	Al!ril	Mai::	june	1u1i::	A!!!!!!t	Sc?l!tember	Total

Revenues

Merchandise Sales	$6,479	$8,654	$10,744	$8,375	$12,097	$9,935	$10,715	$8,607	$0	$0	$0	$0	$75,607 Total Revenues	$6,479	$8,654	$10,744	$8,375	$12,097	$9,935	$10,715	$8,607	$0	$0	$0	$0	s,s,601 I Expenditures
Cost of Goods Sold	$806	$6,230	$8,527	$7,960	$6,389	$5,813	$8,297	$4,651	$0	$0	$0	$0	$48,671
Total Expenditures	$806	$6,230	$8,527	$7,960	$6,389	$5,813	$8,297	$4,651	$0	$0	$0	$0	$48,611 I
Operating Income (Loss)	$5,673	$2,424	$2,217	$415	$5,709	$4,123	$2,418	$3,956	$0	$0	$0	$0	$26,935 I

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	($1,810,000)	
Less : May 1, 2019 Principal	($ l.910,000)	
Less: May 1, 2020 Principal	($2,020,000)	
Current Bonds Outstandi ng	$4405,000	

(1) This value is covered by the Debt Se rvice Reserve Fund Surety Bond and is nota cash balance on the District's balance sheet

Series 2012 Special Assessment Revenue Bonds	
Interest Rate:	2.5%to5%	
Maturity Date:	5/1/2026	
Reserve Fund Definition:	50% MaxAnnual Dept	
Reserve Fund Requirement :	$279,239	
Reserve Fund Balance:	$280,141	
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)	
Less : May 1, 2020 Principal	($410,000)	
Current Bonds Outstand in g	$2,895000	

Page 18

Viera East
Community Development District
Spedal Assessment Receipts - FY2020

Date	I	Net	Gen Fund	I	Debt Svc 2006	I	Rec Fund	I	Total	
i	: 		!
·-·················-····1··1-·l·.§··D··..·.-····J-··········-·-····-········-·- ·j · ·············-··· ··········-····.·t·-·····-········-··-·····-··--·t· ··-····- ······-···- -····j·-····-·····-·····-···
i $	65, - .!..i_.L..._.......L !2?_Q..!$	.±!&?..7  i $	..........!.Q!QQ!U $	65,047	
-······-·1112 0/ 19 ..........L$ ..1,741,148... J..............3  73,942. ,.$...............1,099,534..l..$................267,672  l..$ 	1,741,148 ..
....·.-.··;1 1..······+ -·1	t..-.._..... ;	Jl····-·.·.······; :	··l..t............ : ! ·l..; ...··1·
·	:	··    ...	 	 		 	·   ;     :	. ...
............1/10120 ·····-··..l·$·_··· 9o,96o ..$  ......._.....1,9 535 . L$ .... ........... 57,441 i.•$ ..................13,984 J..$ ..........._9o,96o ..
.........2  1 4;  20    en ......+J-.....-...2.rn4. i..$_..	469 .f_$_····.....	1,380_! $	..... . 336. 1.. $ ...........   _2,184..
== ]:i; · ··:=::+! .:::::·1	 :	+ . ::::=::::::: 2 :_; .1..!....... ....... :; ::	+ :!...::::::::::::1   :	+!.:::::=::1;  :	::
........_..}J..?.B.Q...... ,	$	.......?.2.!.111 ! $	....)3,554  i $	···········-· 39,85Ll...$	9,702 j     $	63.1 .!...	
::. 1:	e=:K :..._!J. t;---2  ,.s_:_l=-=:=	:  ,	K:::::::22 Dl::::::rnl .;
······ 6/8/2020.(3L....i..$  ..._.....  16,609:    $ .......................-.  .......+.$  ········-·······..···········..·····!··$  ...................16,609..!..$ 	16,609..	

!	!	j	I	!
......-- ::=:::::::::........ L......::::=:::::=:::::::l::::::::::=::::::::::=::::::::t-......................1..........................	7  .......................-....	
•l	i '	• ;	.............--..-it--- ---.--u.......
········-·················I ·-··········-·····-······..··· 1-···-····..····-···········i· ··-	····..······-···--····!···..-····-········..···-·-··-··t-······_..·..·...·...............
+	,.	-1'	• •♦     - -   u  .. u ,	,.••.,.-•u-•nH•-••
---··········!···-..·····-  ············-····l.··"	-	-	-	-  ··· - ..··! -····-····.·.·······---····-·•-•·!•·•··-..·····-··..-·····..···-·.......!....-..·····..···--·..-··
 		! i	t	_!	T	!T	1!	----	
$ 3,762,761	$	808,157	$	2,376,297	$	578,307	$	3,762,761	

·-·····-··

.

	Net
Assessed	
Percent age	Assessments
Collected	Assessments
Transferred	Balance to
Transfer	
						
Debt Service Fund	$ 2,376,297	63.15%
21.48%
15.37%	$	2,376,297	$	(2,376,29 )	$	-	
General Fund	$	808,157		$	808,157	$	(808,157 )	$	-	
Recreation Fund	$	578,489		$	578,307	$	(561,698 )	$	16,609	
						
	$ 3,762,943	100.00%	$	3,762,761	$	(3,746,152)	$	16,609	
IPercentage Collected	100.00%!
FY20 1st Quarter
FY20 2nd Quarter
Tax Certificate Sale

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

Actuals	Actuals	Year to Date	Year to Date	
5 / 31 / 19	5/ 31 / 20	 	Variance	5  31  19	5  31  20	Variance		

Revenues:		
Greens Fees	$98,053	$	99,426	$	1,374	$1,014,609	$	950,227	$	(64,382)	
Gift Cards - Sales	$919	$	716	$	(203)	$9,561	$	5,737	$	(3,824)	
Gift Cards - Usage	($543)	$	(551)	$	(8)	($12,045)	$	(10,185)	$	1,860	
Season Advance/Trail Fees	$14,908	$	17,803	$	2,895	$146,841	$	146,454	$	(387)	
Associate Memberships	$1,817	$	2,291	$	474	$29,783	$	28,598	$	(1,185)	
Driving Range	$5,482	$	7,043	$	1,561	$50,724	$	51,700	$	976	
Golf Lessons	$175	$	175	$	$1,400	$	1,400	$	
Merchandise Sales	$14,151	$	8,607	$	(5,544)	$96,687	$	75,607	$	(21,080)	
Restaurant	$1,414	$	1,870	$	456	$18,534	$	18,710	$	175	
Special Assessments - Operations	$1,877	$	1,877	$	$15,018	$	15,018	$	
Misce llaneous Income	$1,598	$	1,280	$	(317}	$20,763	$	18,094	$	(2,670}	
Total Revenues	$	139,850 	$	140,538	     $	689	$	1,391,876	     $ 1,301,360	     $	(90,517}	
Expenditures:
Golf Course Expenditures	
$	12,643	$	7,289	
$	5,354	
$	97,753	
$	84,277	
$	13,475	
Restaurant	$	1,095	$	674	$	421	$	8,261	$	7,155	$	1,10 6	
Golf Operations	$	29,995	$	35,250	$	(5,256)	$	236 ,464	$	271,459	$	(34,995)	
Merchandise Sales	$	10,164	$	4,651	$	5,513	$	64,984	$	48,671	$	16,312	
Golf Course Maintenance	$	92,682	$	91,486	$	1,195	$	701,390	$	675,593	$	25,797	
Administrative	$	11,884	$	12,296	$	(412)	$	93,733	$	99,103	$	(5,370)	
Reserves	$	3,798	$	$	3,798	$	26,861	$	13,129	$	13,732	
Total Expenditures	$	162,259 	$	151,646	     $	10,613	$ 1,229,446	$ 1,199,389	$	30,057	
Operating lncome/(Loss)	$	(22,409 )	$	(11 ,108 )	$	11,302	$	162,430	$	101,971	$	(60,459 )	

Viera East Cash Flow  Analysis   FY 2020

,. Cash f lows:	 		Pro ections		
 	October	November   December	Janua	March	Ma	June	J"	/'JJ  ust	s  tember	Totals	
Starting Funds
Carry Forward
Revenues	
LI.$a.  	
"7"0..,,2==0"3'_._l ,$'----6'==2,,.9,=02...l_-=S---''6"5"'"'7-2=.6a..._I-$=_ 	
4'"5""."4'6""'8-'l--$"---6'"6",,._0.7..8=---=l$ -	-1'-3"2'=.80=6..(.-$=--	"1"'9-"0"=1691-- 	1 s 1s31281 I	$ 172,173 Ii	11s,1ao I $	165.684 I $	129,141 I		
GoW Course	215 332    $	150 298	$    166 205 	1887809
Course Operations  t-'i--"""--,"':::,:-+-,,-  '-:'-,:  +,:-"'-  +-,,---''::'-,:.,,,,-t-;;,   -t-;;,-----,"""2:1:-2t-9;6;-0-_.$.._,:'1-4':1-:2":=n"	$      164 515	1,863. 145
Restaurant ...,,      ---:..::.:...1..z      .::,.,c:..::......._-=:c:.:...,._.     ==-"-"-=""'-,._.     --==3-7=2-+$-=----=3=,0 6-'1-	1690 	24 664
34  138	340995	323 820	 $    338 379	1887809

Expenses	 	
GoWCourse	120 163    $     143 329	$	$	157 713    $ 151 646	$     163198	163164    $	1852 082
Course Oper a t ions   ----1-1-9..1..9..5 -$-  1423-77=   +..a.	+""-"'=t--$---'     t--$--   156.915 -$t150 9721 	162. 117	162 255    $     1841117
Restaurant '-"----=.::..9..6&8.-"$----=;.:a9.:5..3....,._--=.a..:........_--=-=-_.....--"1"'0=2-9....:$:.----"-" 	.-"$--        ..7..9...8a"--$'--=----6"7""4--'	1082	909    $ 	10966
Cash Less Expenses 1l ..S,:_         ;6=2.9=02-l'--$";..._-=65:,,.7:.2:::6:..I.,..$.:;_-=45 i,=46:8:..I.,..$,,_-6=6,=o:r.;s::...I.t...-s"-  1321800 I s	190.697 I $	183,281 1 s  112,113 1      $      11s  , 1so    I s	165.684  (  $	12 9,141 I $   10 5,929  (

Projected Revenues FY 2020	$    1,887,809
Projected Expenses FY 2020	 $     1 852.082
Projected Surplus(Deficit) FY 2020	 $	35726	

Viera East Community Development District
Detailed Rounds of Golf Report
May-20
PY-PREVIOUS YEAR
Rounds of Golf	

Monthly		

Year to Date			
PY
Monthly	
PY
Year to Date	
Vs.PY
Monthly	
Vs.PY
Year to Date	
Paid Rounds
Rounds of Golf- Associate Member	
465	
9%	
4,003	
10%		
438	
4,675	
27	
(672)	
Rounds of Golf- COD Resident	850	17%	6,514	17%		699	6,708	151	(194)	
Rounds of Golf - Public	1,700	34%	14,088	36%		2,537	16,347	(837)	(2,259)	
Rounds of Golf - Golf Now/ EZ Links	511	10%	2,097	5%		146	1,852	365	245	
Rounds of Golf- Tournaments		0%		0%		0	1,259	0	(1,259)	
Rounds of Golf- Misc
Rain Check Issued	
(27)	0%
-1% -	
432	0%
-1%		0
(73)	0
(530)	0
46	0
98	
Total Paid Rounds	3,499		26,270			3,747	30,311	(248)	(4,041)	
Member Rounds										
Rounds of Golf - Members	874	18%	6,382	17%		598	5,472	276	910	
Total Member Rounds	874		6,382			598	5,472	276	910	
Comp Rounds										
Rounds of Golf- Staff/Comp	171	3%	1,237	3%		135	1,093	36	144	
Rounds of Golf- Other Comp	150	3%	1,807	5%		106	1,386	44	421	
Total C.omp Rounds	321		3,044			241	2,479	80	565	

Rounds of golf - GolfNow/EZ Links	
250	
5%	
2,973	
8%		
250	
1,963	
0	
1,010	
TOTAL ROUNDS OF GOlf	4,944	100%	38,669	100%		4,836	40,225	108	(1,556)	

Revenues

Greens Fee Revenue	

Monthly		

Year to Date			
PY
Monthly	
PY
Year to Date	
Vs.PY
Monthly	
Vs.PY
Year to Date	
Rounds of Golf- Associate Member	$16,162	16%	$167,080	18%		$13,358	$172,426	$2,804	($5,346)	
Rounds of Golf- COD Resident	$22,148	22%	$217,940	23%		$17,182	$199,584	$4,966	$18,356	
Rounds of Golf - Public	$46,140	46%	$498,395	52%		$65,471	$538,238	($19,331)	($39,843)	
Rounds of Golf - Golf Now/ EZ Links	$16,163	16%	$79,485	8%		$4,096	$73,897	$12,067	$5,588	
Rounds of Golf- Tournaments	$0	0%	$0	0%		$0	$42,229	$0	($42,229)	
Rounds of Golf- Misc	$0	0%	$0	0%		$0	$0	$0	$0	
Rain Check Issued	($553)	-1%	($12,526)	-1%		($1,420)	($13,393)	$867	$867	

TOTAL GREENS FEE REVENUE	$100,060	100%	$950,374	100%		
$98,687	
$1,012,981	$1,373	($62,607)	

Av1cage ger Round of G21f

6lll:lill.ll $111:c m11IIII al1.1111f	 Rounds of Golf- Associate Member Rounds of Golf- COD Resident
Rounds of Golf - Public
Rounds of Golf - Golf Now/ EZ Links Rounds of Golf- Tournaments Rounds of Golf- Misc
RaIn Check Issued

TOTAL - Average$ per round of Gott

		I			
PY	PY		Vs.PY	Vs.PY	
Monthly	Year to Date		Monthly	Year to Date	
$30.50	$36.88		$4.26	$4.86	
$24.58	$29.75		$1.48	$3.70	
$25.81	$32.93		$1.33	$2.45	
$28.05	$39.90		$3.58	($2.00)	
#OIV/01	$33.54		#OIV/01	#DIV/01	
#DIV/01	#OIV/01		#DIV/0!	#DIV/01	
$19.45	$25.27		$1.03	$3.73	
$26.34	$33.42		$2.26	$2.76	
PY	PY		Vs.PY	Vs.PY	
Monthly	Year to Date		Monthly	Year to Date	
$14,907	$146,838		$2,896	($388}	
$24.93	$26.83		($4.56)	($3.89)	

Monthly	Year to Date

$34.76	$41.74
$26.06	$33.46
$27.14	$35.38
$31.63	$37.90
#DIV/01	#DIV/01
$0.00	$0.00
$20.48	$29.00

$28.60	$36.18

	Monthly	Year to Date	
Membership Revenue	$17,803	$146,450	
Average $ per round of Golf	$20.37	$22.95