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Viera East
Community Development District

Unaudited Financial Reporting
June 30, 2020

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TABLE OF CONTENTS

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2-4		G_e_n_e_ra_l_F_u_n_d_I_n_c_on_1_e_S_ta_t_e_m_e_n_t

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Viera East
Community Development Distrtct
Combined Balance Sheet June 30, 2020

C-a1t.cm.me.otal Eu.rid. '&P.t:£
 	J;JJJJ:.		Totals
Gt:acrnl	Capital Bcmve	QebtSe,yic;,:	Course{Recreat;aa      ( memorandumonlJ!.l 

	Assets		
	Operating Account	$386,061	$61,537		$279,314	$726,913		
	Accounts Receivable				$1,338	$1,338		
	Rent Receivable				$1,314	$1,314		
	Due From Golf Course	$86,055				$86,055		
	Due From General Fund				$67,693	$67,693		
	Due From Capital Reserve				$837	$837		
	Due from Debt Service	$11,030			$22,922	$33,953		
	Due from Other				$2,678	$2,678		
	Due from Capital Projects				$26,181	$26,181		
	Inventory - Pro Shop				$105,324	$105,324		
	lol!estmects· 
State Board		
$125,127			
$125,127		
	Benefit Assessment- Series 2012				$4,085	$4,085		
	Reserve - Series 2012				$280,144	$280,144		
	Bond Service 2006			$509,184		$509,184		
	Improvements (Net of Depreciation)				$1,191,838	$1,191,838		
	Prepaid Expenses- Debt				$102,500	$102,500		
	Prepaid Expenses- Operations	$7,372			$66,918	$74,290		
	Total Assets	$490,519	$186,664	$509,184	$2,153,087	$3,339,455		
	Liabilities							
	Accounts Payable	$19,415			$9,908	$29,323		
	Accrued Expenses	$4,875			$1,223	$6,098		
	Deferred Revenue- Season Advance				$90,856	$90,856		
	Deferred Revenue- Special Assessments O&M				$5,632	$5,632		
	Deferred Revenue- Special Assessments Debt				$152,643	$152,643		
	Deposit-Divots Grill				$2,000	$2,000		
	Due to General Fund			$11,030	$86,055	$97,086		
	Accrued Interest Payable				$26 ,139	$26,139		
	Sales Tax Payable				$10,151	$10,151		
	Event Deposits				($4,629)	($4,629)		
	Due to Golf Course	$67,693	$837	$22,922		$91,452		
	Accrued Payroll Payable	$6,241			$14,775	$21,016		
	Bonds Payable - Series 2012				$3,305,000	$3,305,000		
	Bond Discount				($15,817)	($15,817)		
	Deferred Loss				($159,029)	($159,029)		
	Fund Equity							
	Net Assets				($1,371,820)	($1,371,820)		
	Fund Balances							
	Assigned - First Quarter	$176,000				$176,000		
	Nonspendable - Prepaid Expense	$7,372				$7,372		
	Unassigned	$208,923				$208,923		
	Assign ed- Capital Reserve Fund		$185,827			$18 5,827		
	Restricted for Debt Service			$475,232		$475,232		
	Total Liabilities, Fund E ui , Other	$490,519	$186,664	$509,184	$2,153,087	$3,339,455		

Page 1

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending June 30, 2020

	Adopted	Prorated Budget	Actual		
	Bud et	6 30/20	6 30 20	Variance	
Revenues					
Maintenance Assessments	$808,157	$808,157	$808,157	$1	
Golf Course Administrative Services	$56,280	$42,210	$42,210	$0	
Interest Income	$100	$75	$5	($70)	
Total Revenues	$864,536	$850,441	$850,372	($69) 1	
Administrative Expenditures					
Supervisors Fees	$30,496	$22,872	$15,958	$6,914	
Engineering Fees	$5,000	$3,750	$4,945	($1,195)	
Attorney's Fees	$5,000	$3,750	$5,854	($2,104)	
Dissemination	$1,000	$750	$750	$0	
Trustee Fees	$5,600	$4,200	$4,200	($0)	
Annual Audit	$6,500	$4,875	$4,875	($0)	
Collection Agent	$2,500	$1,875	$1,875	$0	
Management Fees	$100,440	$75,330	$75,330	$0	
Postage	$1,500	$1,125	$2,160	($1,035)	
Printing & Binding	$2,500	$1,875	$1,027	$848	
Insurance- Liability	$7,293	$5,470	$5,097	$373	
Legal Advertising	$2,500	$1,875	$853	$1,022	
Other Current Charges	$1,500	$1,125	$486	$639	
Office Supplies	$3,000	$2,250	$323	$1,927	
Dues & Licenses	$175	$131	$131	($0)	
Information Technology	$3,400	$2,550	$2,550	$0	
Total Administrative	$178,404	$133,803	$126,415	s1,3ae 1	

Page 2

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending June 30, 2020

Operating Expenditures

Adopted	Prorated Budget	Actual
Bud et	6  30  20	6  30  20	Variance

Salaries	$141,817	$106,363	$107,537	($1,1 75)
Administrative Fee	$1,566	$1,175	$1,213	($38 )
FICA Expense	$10,849	$8,137	$7,553	$584
Employee Insurance	$8,551	$6,413	$11,392	($4,979)
Workers Compensation	$2,780	$2,085	$2,937	($8 52)
Unemployment	$853	$640	$840	($200)
Other Contractual	$7,000	$5,250	$6,325	($1,075)
Training	$500	$375	$0	$375
Uniforms	$500	$375	$0	$375
Total Operating	$174,416	$130,812	$137,797	($6,985}I
Maintenance Expenditures
Canal Maintenance	$14,000	$10,500	$0	$10,500
Lake Bank Restoration	$60,000	$55,950	$55,950	$0
Environmental Services	$20,000	$15,000	$4,406	$10,594
Water Management System	$99,000	$74,250	$75,676	($1,426 )
Control Burns	$15,000	$11,250	$0	$11,250
Contingencies	$5,000	$3,750	$985	$2,765
Fire Line Maintenance	$5,000	$3,750	$1,275	$2,475
Basin Repair	$4,000	$3,000	$1,585	$1,415
Total Maintenance	$222,000	$177,450	$139,878	$31,s12 I

Page 3

Viera East
Community Development District
General Fund
Statement of Revenues & Expenditures For Period Ending June 30, 2020

	Adopted	Prorated Budget		Actual		
	Bud et	6 30/20	6	30 20	Variance	
Grounds Maintenance Expenditures						
Salaries	$154,278	$115,709		$105,224	$10,484	
Administrative Fees	$3,695	$2,771		$2,693	$79	
FICA	$11,802	$8,852		$7,827	$1,024	
Health Insurance	$16,867	$12,650		$12,410	$240	
Workers Compensation	$3,024	$2,268		$2,874	($606)	
Unemployment	$2,120	$1,590		$1,883	($293)	
Telephone	$5,000	$3,750		$4,636	($886)	
Utilities	$5,000	$3,750		$4,962	($1,212)	
Property Appraiser	$1,990	$1,990		$1,988	$3	
Insurance	$1,395	$1,046		$1,134	($88)	
Repairs	$12,000	$9,000		$24,754	($15,754)	
Fuel	$7,500	$5,625		$9,562	($3,937)	
Park Maintenance	$3,000	$2,250		$505	$1,745	
Sidewalk Maintenance	$5,000	$5,000		$11,118	($6,118)	
Chemicals	$5,000	$3,750		$2,505	$1,245	
Contingencies	$5,000	$3,750		$735	$3,015	
Refuse	$8,000	$6,000		$4,626	$1,374	
Office Supplies	$750	$563		$176	$386	
Uniforms	$3,000	$2,250		$1,928	$322	
Fire Alarm System	$4,000	$3,000		$1,620	$1,380	
Rain Bird Pump System	$27,576	$20,682		$20,686	($4)	
Maintenance Reserve - Transfer Out	$3,719	$2,789		$2,789	($0)	
Maintenance Reserve - Transfer Out (Excess)	$0	$0		$0	$0	
Total Grounds Maintenance	 	$289,716	$219,034	$226,635		($7,601)1	

Total Expenditures	
 	$864,536	$661,100	$630,726		$30,374 I	
Excess Revenue/(Expenditures)	$0	$219,646	
			
Beginning Fund Balance	$0	$172,649	
			
Ending Fund Balance	$0	$392,295	

Page 4

Viera East
Community Development District
Capital Reserve Fund Statement of Revenues & Expenditures
For Period Ending June 30, 2020

	Adopted	Prorated Budget	Actual		
	Bud et	6 30 20	6 30 20	Variance	
Revenues					

Interest Income	
$2,500	
$1,875	
$2,949	
$1,074	
Reserve Funding - Transfer In (Ge ne ral)	$3,719	$2,789	$2,789	$0	
Reserve Funding - Transfer In (Golf)	$7,940	$5,955	$13,129	$7,174	
Reserve Funding - Transfer In (General Excess)	$0	$0	$0	$0	

Total Revenues	 	$14,159	$10,619	$18,867		$0,240  1

Expenditures		
Capital Outlay	$100,000	$100,000	$93,788	$6,21 2	
Truck Maintenance	$25,000	$0	$0	$0	
Transfer Out	$0	$0	$0	$0	

Total Expenditures	 	$125,000	$100,000	$93,788		$6,212  1

Excess Revenues /(Expenditures)		($110,841)	 		($7 4,921}	 		
Beginning Fund Balance		$283,792		$260,748		
						
Ending Fund Balance		$172,950		$185,827		

Page 5

Viera East
Community Development District
Capital  Reserve  Fund Capital Outlay Check Register Detail
For Period  Ending June 30, 2020

Check Date	Vendor	Detail	Amount
Capital Outlay
FY2020

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	RegionsBank	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	
6/9/20	GreenbergTrairug	Series 2020 Escrow Agreement	$	47,500.00	
6/18/20	Fishkind Litigation Services	Deposition	$	7,425.00	
6/18/20	Regions Bank	Wire Fee	$	30.00	
Total	    $	9 3,7 87.4 8 	

Page6

Viera East
Community Development District
Debt Service Fund Statement of Revenues & Expenditures
For Period  Ending June 30, 2020

	Adopted	Prorated Budget	Actual		
	Bud et	6 30 20	6 30 20	Variance	
Revenues					
Special Assessments	$2,376,297	$2,376,297	$2,376,297	$0	
Interest Income	$1,500	$1,125	$951	($174)	

Total Revenues	 	$2,377,797	$2,377,422	$2,377,248		($174)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		$0 I

Excess Revenues/(Expenditures)	($11,641)	 		($12,189)	 		
Beginning Fund Balance	$466,966		$487,421		
					
Ending Fund Balance	$455,326		$475,232		

Page 7

Viera East Community Development District
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending June 30, 2020
Adopted	Current Month	Year-to-Date
 	Bud et	Actuals	Bud et	Variance	Actuals	Budget	Variance	

Number of Rounds		
Paid Rounds	35,250	2,974	2,753	221	29,512	28,708	804	
Member Rounds	10,000	673	781	(108)	7,116	8,144	(1,028)	
Comp Rounds	3,000	294	234	60	2,836	2,443	393	
EZ Links	3,000	130	234	(104)	1,561	2,376	(815)	
GolfNow	2,000	43	156	(113)	637	1,629	(992)	
Total Memberships	60	2		2	63	60	3	
Revenue per Round								
Paid Rounds	$41	$31	$36	($6)	$35	$42	($7)	
Revenues								
Greens Fees/Cart Fees	$1,460,610	$91,683	$100,052	($8,369)	$1,041,910	$1,211,576	($169,666)	
Gift Cards - Sales	$25,000	$808	$1,713	($905)	$6,545	$20,738	($14,193 )	
Gift Cards - Usage	($25,000)	($433)	($1,713)	$1,280	($10,618)	($20,738)	$10,120	
Season Advance/Trail Fees	$210,000	$16,829	$14,385	$2,444	$163,283	$174,195	($10,912)	
Associate Memberships	$42,000	$2,844	$2,877	($33)	$31,442	$34,839	($3,397)	
Driving Range	$80,000	$5,597	$5,480	$117	$57,297	$66,360	($9,063)	
Golf Lessons	$2,100	$115	$144	($29)	$1,515	$1,742	($227)	
Merchandise Sales	$115,000	$8,801	$7,878	$924	$84,408	$95,393	($10,985)	
Restaurant	$20,000	$2,099	$1,370	$729	$20,808	$16,590	$4,218	
Special Assessments - Operations	$22,527	$1,877	$1,879	($2)	$16,895	$16,891	$5	
Miscellaneous Income	$15,000	$1,700	$1,251	$449	$19,794	$11,247	$8,547	

Golf Course Expenditures		
Other Contractual Services	$15,000	$1,165	$1,251	$86	$11,290	$11,247	($43)	
Telephone/Internet	$5,500	$106	$459	$353	$2,281	$4,124	$1,843	
Postage	$1,500	$44	$125	$81	$6,335	$1,125	($5,211)	
Printing & Binding	$1,000	$401	$83	($318)	$401	$750	$349	
Utilities	$5,000	$349	$417	$68	$4,054	$3,749	($305)	
Repairs & Maintenance	$7,000	$335	$584	$249	$909	$5,249	$4,340	
Advertising	$45,000	$1,718	$3,753	$2,035	$22,476	$33,741	$11,265	
Bank Charges	$30,500	$3,257	$2,544	($713)	$28,971	$22,869	($6,102)	
Office Supplies	$4,000	$101	$334	$233	$2,438	$2,999	$561	
Operating Supplies	$5,000	$229	$417	$188	$2,612	$3,749	$1,137	
Dues, Licenses & Subscriptions	$8,000	$786	$667	($119)	$6,291	$5,998	($293)	
Drug Testing - All Departments	$200	$0	$17	$17	$190	$150	($40)	
Training, Education & Employee Relations	$3,000	$243	$250	$7	$3,238	$2,249	($989)	
Contractual Security	$3,000	$173	$250	$77	$1,384	$2,2 49	$866	
IT Services	$3,000	$287	$250	($37)	$477	$2,249	$1,772	

Total Revenues	 	$1,961,231 1I  $131,920	$135,315	($3,395}1I	$1,433,280	$1,628,832	($19s,ss 2l I

Total GoUCourse Expenditures	$136,1001I 	$9,194	$11,401	$2,207 11 	$93,347	$102,498		$9,1so I

Page 8

Viera  East Community Development District
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending June 30, 2020
Adopted	Current Month
 	Bu    et	Actuals		Budget	Variance 11

Year-to-Date
Actuals	Budget	Variance

Restaurant Expenditures								
Utilities	$10,500	$786	$820	$34	$6,398	$8,551	$2,153	
Pest Control	$1,200	$95	$94	($1)	$856	$977	$121	
Equipment Lease	$1.100	$98	$86	($12)	$880	$896	$16	

Gulf Operation Expenditures		
Salaries	$237,500	$17,729	$19,791	$2,062	$168,226	$178,118	$9,892	
Administrative Fee	$17,793	$1,722	$1,483	($239)	$15,291	$13,344	($1,946)	
FICA Expense	$18,781	$1,356	$1,565	$209	$12,857	$14,085	$1,228	
Health Insurance	$707	($104)	$59	$163	$264	$530	$266	
Workers Compensation	$4,812	$484	$401	($83)	$4,634	$3,609	($1,025)	
Unemployment	$12,786	$915	$1,065	$150	$7,943	$9,589	$1,646	
Golf Printing	$2,200	$0	$183	$183	$1,206	$1,650	$444	
Utilities	$22,500	$1,645	$1,875	$230	$14,407	$16,875	$2,468	
Repairs	$250	$0	$21	$21	$145	$188	$43	
Pest Control	$1,200	$95	$100	$5	$856	$900	$44	
Supplies	$8,000	$1,859	$667	($1,192)	$12,670	$6,000	($6,670)	
Uniforms	$1,500	$0	$125	$125	$1,862	$1,125	($737)	
Training, Education & Employee Relations	$2,000	$0	$167	$167	$260	$1,500	$1,240	
Fuel	$500	$0	$42	$42	$0	$375	$375	
Cart Lease	$90,753	$8,228	$7,563	($665)	$56,976	$68,065	$11,088	
Cart Maintenance	$4,000	$389	$333	($55)	$3,871	$3,000	($871)	
Driving Range	$10,000	$220	$833	$613	$3,648	$7,500	$3,852	
Total Golf Operation Expenditures	$43 S,za 2I I	$34,538	$36,273	$1,73411	$305,114	$326,453	$21,339 I	
Merchandise Sales								
Cost of Goods Sold	$77,000	$5,259	$6,417	$1,157	$53,931	$57,750	$3,819	

Total Restaurant Expenditures	$12,800 1 1 	$979	$1,000	$21 11	$8,134	$10,424	sz.290  I

Total Merchandise Sales	 	$77,ooo ll	$5,259	$6,417	$1,15711	$53,931	$57,750	sJ.819  I

Page 9

Viera East Community Development District
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending June 30, 2020
Adopted	Current Month	Year-to-Date
 	Bud et	Actuals	Bud et	Variance	Actuals		Budget	Variance

Golf Course Maintenance		
Salaries	$470,000	$34,603	$39,167	$4,564	$317,771	$352,500	$34,729	
Administrative Fees	$11,867	$874	$989	$115	$8,186	$8,900	$714	
FICA Expense	$36,060	$2,562	$3,005	$443	$23,513	$27,045	$3,532	
Employee Insurance	$58,245	$4,009	$4,854	$845	$34,654	$43,684	$9,030	
Workers Compensation	$11,316	$944	$943	($1)	$8,617	$8,487	($130)	
Unemployment	$7,857	$113	$655	$541	$6,161	$5,893	($269)	
Drug Testing	$420	$0	$35	$35	$0	$315	$315	
Consulting Fees	$6,000	$500	$500	$0	$4,500	$4,500	$0	
Fire Alarm System	$4,000	$256	$333	$78	$1,665	$3,000	$1,335	
Telephone/Internet	$500	$0	$42	$42	$0	$375	$375	
Utilities/Water	$26,200	$2,417	$2,183	($233)	$19,625	$19,650	$25	
Repairs	$48,000	$1,270	$4,000	$2,730	$26,919	$36,000	$9,081	
Fuel&Oil	$40,000	$1,507	$3,333	$1,826	$20,136	$30,000	$9,864	
Pest Control	$1,000	$77	$83	$6	$943	$750	($193)	
Irrigation/Drainage	$30,000	$2,417	$2,500	$83	$12,292	$22,500	$10,208	
Sand and Topsoil	$26,500	$0	$2,208	$2,208	$7,946	$19,875	$11,929	
Flower/Mulch	$7,000	$0	$583	$583	$8,527	$5,250	($3,277)	
Fertilizer	$139,000	$14,616	$11,583	($3,033)	$100,619	$104,250	$3,631	
Seed/Sod	$16,500	$1,244	$1,375	$131	$9,363	$12,375	$3,012	
Trash Removal	$2,000	$141	$167	$26	$1,408	$1,500	$92	
Contingency	$6,000	$536	$500	($36)	$3,750	$4,500	$750	
First Aid	$600	$0	$50	$50	$696	$450	($246)	
Office Supplies	$1,000	$0	$83	$83	$158	$750	$592	
Operating Supplies	$17,500	$336	$1,458	$1,122	$3,693	$13,125	$9,432	
Training	$500	$680	$42	($638)	$1,931	$375	($1,556)	
Janitorial Supplies	$1,500	$0	$125	$125	$30	$1,125	$1,095	
Soil & Water Testing	$1,000	$0	$83	$83	$0	$750	$750	
Uniforms	$8,500	$745	$708	($36)	$6,197	$6,375	$178	
Equipment Rental	$2,500	$0	$208	$208	$0	$1,875	$1,875	
Equipment Lease	$163,000	$13,473	$13,583	$111	$129,609	$122,250	($7,359)	
Small Tools	$500	$0	$42	$42	$0	$375	$375	

Total Golf Course Maintenance	 	s 1,14s ,06s  lI	$83,316	$95,422	$12,106  11	$758,910	$858,799	$99,889  1

Page  10

Viera East Community Development District
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending June 30, 2020
Adopted	Current Month	Year-to-Date
 	Bud et	Actuals	Bud et	Variance	Actuals		Budget	Variance

Administrative Expenditures		
Legal Fees	$1,500	$0	$125	$125	$1,740	$1,125	($615)	
Arbitrage	$600	$20	$50	$30	$390	$450	$60	
Dissemination	$1,000	$83	$83	$0	$750	$750	$0	
Trustee Fees	$4,100	$194	$342	$148	$2,927	$3,075	$148	
Annual Audit	$1.500	$125	$125	$0	$1,125	$1,125	$0	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	$42,210	$42,210	$0	
Insurance	$70,000	$5,501	$5,833	$333	$50,366	$52,500	$2,134	
Property Taxes	$10,000	$1,535	$833	($701)	$11,743	$7,500	($4,243)	
Total Administrative Expenditures	$144,980 11	$12,147	$12,082	!$66JII	$111,250	$108,735	!$2,515 )1	
Renewal & Replacement	$7,940	$0	$662	$662	$13,129	$5,955	($7,174)	
Operating Reserves	$0	$0	$0	$0	$0	$0	$0	
Total Reserves	$7,940 11	 	$0		$662		$662 II	 	$13,129	$5,955		($7,1 74)1	
Total Revenues	u,967,2371	I        $131,920	$135,315		($3,395J II	     $1,433,280	$1,628,832		($195,552 )1	
Total Expenditures	$1,959,767 1	I	$145,434	$163,255	u1,821 11	$1,343,815	$1,470,613	$126,798 1	
Operating Income {Loss)	$7,470 11	($13,514 )	($27,940)	$14,426 11	$89,464	$158,219	($68,754)1	
Non Operating Revenues/(Expenditures)									
Special Assessments	$558,355		$46,530	$46,530	$0	$418,766	$418,766	($0)	
Interest Income	$1,000		$2	$83	($81)	$246	$750	($504)	
Transfer In	$0		$0	$0	$0	$0	$0	$0	
Interest Expense	($156 ,8 25)		($13,069)	($13,069)	$0	($117,619)	($117,619)	$0	
Principal Expense
Total Non Operating Revenues/(Expendltures)	$410,000
$7,470	I	($34,167
( $704	[$34,167
($623	!$0
($81: 11	( $307,500!
($6,10 7	{$307,500
($5,603	[  $0
($504 ]	
Change in Net Assets	 	$o il		( $14 ,218 )	($28,563 !	$14,345 11	$83,358	$152,616	{$69,259 )1	
Beginning Net Assets	 	$01 		($1,455,1  77)   	 Ending Net Assets	 	sol			($1,3  71,820)		

Page 11

Revenues		
Maintenana, Assessments	$0	$382,898	$319,794	$19,283	$13,842	$7,030	$26,867	$38,442	so	$0	$0	$0	
$808 ,157	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0	$0	$0	$42,210	
Interest Income	$0	$0	$0	$0	$5	$0	$0	$0	$0	$0	$0	$0	$5	

Viera East General Fund Month to Month
October	r:Jfi!D Wher	December	1ag11ae;:	Feha;yact	Mi!c,11	Autil	Ma	b111e	h.1b:	Au1u st	sa11,ml!e[	Total

Total Revenues	.620	i  117,5ss	324,284	123 97	i i!!  7	111.zi12	i    11S57	li3,13Z	li ,690	o	10	21	Ei o,3, I
Administrative ExpenditJ.Jres

Supervisors Fees	$3,588	$920	$688	$1,387	$2,551	$2,551	$335	Sl,387	$2,551	$0	$0	$0	$15,958 Engineering Fees		$0	$480		$0		$0		$0	$1,875	$670		$960		$960	$0	$0	$0		$4,945 Att orney '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                $83                   $0                     $0                      $0                      $750 Trustee Fees                                                                 $467               $467                 $467               $467            $467                 $467              $467              $467              $467                  $0                      $0                      $0                    $4,200 Annual Audit                                                                $542                $542                  $542                $542             $542                  $542               $542               $542               $542                    $0                       $0                        $0                     $4,875 Collection Agent                                                 $208               $208                 $208               $208            $208                $208              $208              $208              $208                  $0                      $0                      $0                    $1,875 Management Fees                                                                $8 ,370              $8,370               $8,370             $8,370          $8,370               $8,370            $8,370            $8,370            $8,370                    $0                       $0                       $0               $75,330
Postage	$265		$96	$389	$23	$367	$284	$396	$262		$79	$0	$0	$0	$2,160 Printing & Binding		$82	$221	$342	$44		$44		$66		$0		$0	$228	so	$0	$0	$1,027
lnsurana,- Liability	$566	$566	$566	$566	$566	$566	$566	$566	$566	$0	$0	$0	$5,097 Legal Advertising			$0			$0			$0			$0		$0			$0		$0		$0	$853	$0	$0	$0		$853 Other Current Charges		$25		$79		$46		$23	$119		$23                  $92                  $36                  $43                     $0                     $0                      $0                      $486 Office Supplies                                                                              $21                   $21                     $41                   $20                 $21                     $20                     $0                $120                  $59                     $0                        $0                         $0                       $323
Dues& Ucenses		$15		$15		$15		$15		$15		$15		$15		S15		$15	$0	$0	so		$131 Information Technology	S283	$283	$283	$283	$283	$283	$283	$283	$283	so	$0	so	$2,550
Total Administrative	U62!9	m.m	m1u	m,m	nU13!i	1 5.;!:i	Hll,rni	U &s 21	m g,	.s!	m	S!	H i 6 ,4 1 :i I
Operating Expenditures

Salaries	$12,066	$12,980	$10,870	$12,479	$10,196	$12,798	$11,862	$12,349	$11,937	$0	$0	$0	$107,537
Adminislralion Fee	$137	$146		$124		$142		$124		$137	$133	$137	$133	$0	$0	$0	$1,213 FICA Expense	$903	$985		S719		$853		$746		$826	$812	$891	$818	$0	$0	$0	$7,553 Health Insurance	$424	$872	$2,742	$1,310	Sl,120	$1,281                $612             $1,912             $1,120                   $0                   $0                    $0                    $11,392 Workers Compensation                                           $330                  $354                   $297                 $341              $298                   $330                 $324                $337                $326                     $0                         $0                         $0                      $2,937 Unemployment                                                                       $0                     $0                        $0                $546                $90                  $100                $100                     $4                    $0                    $0                        $0                         $0                         $840  Other Contractual                                                          $667                 $718                   $667                 $688              $688                   $595                $716                $872                $715                     $0                        $0                         $0                      $6,325 Training                                                                                          $0                      $0                       $0                     $0                   $0                       $0                     $0                     $0                     $0                     $0                        $0                         $0                         $0
Uniforms	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Operating	J•, iZ       116 1055	15 4 20	U6J6o      f 13   6 2	llf!,Ofi8        !:H.:i §     11§1121      ii g111	m         m	m mz.:z2zl

Page12

Viera East General Fund
Month to Month

Qctober	Novemhet	12ssember	liUllli!CX	FebruatX	l':Si1:,h	aern	Mal:	1une	l11b:	Au1!5St	&:RSm!bet	Total

Maintenance Expenditures

Canal Maintenance		$0			$0	$0		$0		$0	$0	$0	$0	$0	$0	$0	$0		$0 Lake Bank Restoration		$0	$18,045	$0	$37,905		$0	$0	$0	$0	$0	$0	$0	$0	$55,950 Environmental Services	$2,620		$320	$0		$0	$989	$0                  $61                $220                $196                    $0                     $0                     $0                     $4,406 Water Management System                                                    $8,059              $8,087                S9,087              SB,087           $7,887                S9,287             $7,887             $8,087             $9,207                     $0                        $0                         $0               $75,676
Control Burns	$0	so	$0		$0	$0		$0	so	$0	$0	so	$0	$0		$0 Contingencies	$0	$0	$0	$985	$0		$0	$0	$0	$0	so	$0	$0	$985 Fire Line Maintenance	$0	$0	$0		$0	$0	$975                    $0                $300                     $0                     $0                        so                  $0                    $1,275
Basin Repair	$0	$0	$0	$0	$0	$1,585	$0	$0	$0	$0	$0	$0	$1,585

Total Maintenance	Sl 0.679	526.4S2	59.087	S46.977          $8.876	S11.847	$7948       SQ.607	59.404	so	so	so 5139.878 i

Grounds Maintenance Hxpenditures

Salaries	$11,474	$12,005	$10,134	$11,946        $10,472	$11,861	$12,348	$12,706	$12,279	$0	$0	$0	$105,224
Administrative Fees	$305	$324	$275	$314	$275	$305	$295	$305	$295	$0	$0	$0	$2,693 FICA	$852	$901	$749	$885	$776	$879	$917	$957	$912	$0	$0	$0	$7,827
Health Insurance	$1,100	$1,385	$1,463	$1,371	$1,227	$1,381	$1,245	$1,649	$1,590	$0	$0	$0	$12,410
Workers Compensation	$314	$328	$277	$326	$286	$324	$337	$347	$335	$0	$0	$0	$2,874 Unemployment		$22		$24		$20	$836	$450	$297	$160		$50		S22	$0	$0	$0	$1,883 Telephone	$432	$535	$529	$519	$517	$519               $519                  $0            $1,066                   $0                   $0                   $0                   $4,636 Utilities                                                                    $628                $516                  $525                $487             $487                 $514               $655               $540               $609                   $0                       $0                       $0                     $4,96 2 Property Appraiser                                                    $0            $1,988                     $0                   $0                 $0                     $0                  $0                  $0                  $0                  $0                      $0                      $0                    $1,988 Insurance- Property                                                   $126               $126                 $126               $126            $126                $126              $126              $126              $126                   $0                      $0                       $0                    $1,134 Repairs                                                                       $4,835             $3,733               $1,369                $688             $797               $9,031               $275               $604            $3,422                   $0                       $0                       $0                   $24,754 Fuel                                                                                      $1,159             $1,189               $1,495                $986           $1,065               $1,215               $952               $858               $642                    $0                       $0                        $0                  $9,562
Park Maintenance	$0	$0	so	so	so	S505	$0	$0	$0	$0	so	$0	$505
Sidewalk Repair		$0	$11,118	so		so		$0	so		$0	$0	$0	$0	$0	$0	$11,118 Chemicals	$435		$207	so	$337	$529	$0	$998	$0	$0	$0	$0	$0		$2,505 Contingencies		$0			$0	$0	$735		$0	$0                    $0                    $0                    $0                    $0                    $0                     $0                     $735  Refuse                                                                               $240                      $0                   $720                 $786              $480                   $960                $480                $720                $240                    $0                        $0                         $0                      $4,626 Office Supplies                                                                 $0                     $0                        $0                     $0                  $0                   $111                  $54                  $11                    $0                    $0                        $0                         $0                         $176 Uniforms                                                                               $232                 $186                   $232                 $186              $196                  $249                $199                $199                $249                     $0                        $0                         $0                      $1,928 Fire Alarm System                                                               $171                 $171                   $171                $171              $171                  $171               $171                $171                $256                     $0                        $0                         $0                      $1,620 Rain Bird Pump System                                      $2,298              $2,298                $2,298             $2,298           $2,298                $2,298             $2,299              $2,298             $2,298                     $0                        $0                         $0                    $20,686 Maintenance Reseive-TransferOut                       $310                 $310                   S310                 $310              $310                  $310                $310                $310                $310                    so                  $0                         $0                      $2,789 Maintenance Reserve-Transfer Out(PY Excess) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Grounds Maintenance	
a 4.233	
!37,.143	
S!!,693	
il:J,30§	i !!•!i	131 oss	Bi.132	1 11!151	m,m	
}!!		26.63 I	
Total Expenditures	567,05 7	$92 01	$S71241	$98,674	      $56 ,237	$74,323 	$57,101	$63,480	$64,411	 	so 	$0	$0	$630,7261	
Excess Revenue/(Expenditures)	IS6Zcl 6 7J       $295 87	$267 ,244          ! S74:702  j      IS37,700    j          1562,60◄ ]    ! 5?5.S«   j      1sz  o134BJ       1ss 9i7z1 J	$0	$0	$0	$219,6461

Page13

Viera East Golf Course
Month to Month

October

November

December

anuar

Februar

March	A ril

Ma

une

Total

Number of Rounds		
Paid Rounds	2,687	2,975	2,320	3,229	4,012	4,624	3,190	3,501	2,974	0	0	0	29,512	
Member Rounds	574	647	566	955	807	1,061	950	883	673	0	0	0	7,116	
Comp Rounds	192	259	187	380	316	366	252	590	294	0	0	0	2,836	
EZLinks	124	169	150	230	214	206	169	169	130	0	0	0	1,561	
GolfNow	49	79	53	93	81	81	77	81	43	0	0	0	637	
Revenue per Round														
Paid Rounds	$30	$36	$37	$42	$43	$36	$33	$28	$31	$0	$0	$0	$315	

Greens Fees	
$79,719	
$107,182	
$85,489	
$135,425	
$170,915	
$167,889	
$104,181	
$99,426	
$91,683	
$0	
$0	
$0	
$1,041,910 .20	
Gilt Cards• Sales	$294	$884	$1,732	$371	$893	$635	$213	$716	$808	$0	$0	$0	$6,545	
Gilt Cards• Usage	($179)	[$1,458 )	($1,119)	($2,432)	($1,833)	[$1 ,819)	($795)	($551)	($433)	$0	$0	$0	[$10 ,618)	
Season Advance/Trail Fees	$15,718	$16,380	$18,608	$19,936	$19,337	$20,130	$18,542	$17,803	$16,829	$0	$0	$0	$163,283	
Associate Me mberships	$2,765	$3,397	$3,634	$8,216	$3,555	$2,607	$2,133	$2,291	$2,844	$0	$0	$0	$31,442	
Driving Range	$3,577	$4,961	$5,035	$7,698	$8,168	$7,006	$8,212	$7,043	$5,597	$0	$0	$0	$57,297	
Golf Lessons	$175	$175	S175	$175	$175	$175	$175	S175	$115	$0	$0	so	$1 , 515	
Mert:handise Sales	$6,479	$8,654	$10,744	$8,375	$12,097	$9,935	$10,715	$8,607	$8,801	$0	$0	$0	$84,408	
Restaurant	$1,237	$2,018	$2,617	$2,027	$3,507	$2,372	$3,061	$1,870	$2,099	$0	$0	$0	$20,808	
Special Assessments -Operations	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$1,877	$0	$0	$0	$16,895	
Miscellaneous Income	$1,201	$2,083	$1,331	$2,330	$3,362	$4,524	$1,983	$1,280	$1,700	$0	$0	$0	$19,794	
Total Revenues	$112,863	$146,154	$130,124	$183,998	$222,0S3	$21Si:!32	S1S0.298	$140,!:38	$131,920	so	$0	so	s1,433.2ao 1	

Gol{Coucsc 6meortih«ces·
Other Contractual Services	$2,147	$1.180	$812	$1,403	$782	$1,590	$996	$1,215	$1,165	$0	$0	$0	$11,290 Telephone/Internet		$393		$28 9	$393		$393	$393		$104	$104		$106		$106	$0	so	$0		$2,281 Postage	$3,074	$3,080		$47			$0		so			$0                  $0                  $90                  $44                  so              $ 0                   $0                   $6,335 Printing & Binding                                                               $0                        $0                   $0                     $0                   $0                     $0                  $0                     $0                  $401                 $0                   $0                    $0                          $401 Utilities $481 $483 $474 $517 $400 $358 $513 $479 $349 $0 $0 $0 $4,054
Repairs& Maintenance		$117		$20		$287		$250		$0		$0		($100)		$0		$33 5	$0	$0	$0		$909 Advertising	$1,989	$3,559	$4,503	$2,987	$2,444	$2,430	$1,598	Sl,248	$1,718	$0	$0	$0	$22,476 Bank Cha rges	$1,669	$2,301	$3,021	$2,653	$4,043	$4,545            $4,382               $3,099                 $3,257                    $0                     $0                       $0                       $28 ,971
Office Supp lies	$221	$258	$314	$120	$242	$772	$245	$166	$101	$0	so	$0	$2,438
Op eratin g Supplies	$224	$149	$177	$499		$149	$254	$593	$337	$229	$0	$0	$0	$2,612 Dues, Licenses & Subscriptions		$26		$0	$150	$100	$4,729		$0	$500		$0	$786	$0	$0	$0	$6,291 Drug Testing-All D epa rtments	$142		$0		$0		$47			$0		$1                   $0                     $0                     $0                   $0                     $0                     $0                     $190 Training. Education & Employee Rela tions                                     $20                       $165              $2,268                   $165                     $0                       so            $18                      $359                    $243                   $0                     $0                      so                $3,238
Contractual Security	so	$246	$0	$196	$196	$191	$191	$191	$173	$0	$0	$0	$1,384	
IT Services	$0	$0	$0	$0	$0	$190	$0	$0	$287	$0	$0	$0	$477	

Total Golf Course Expenditures	sio,s!M	$11 ,730	$12 144 S	$9.331	$13.:!79	$10143 S	$9,041	S7.:l89	$9.194	so	$0	so	$93 47 I	
Rescaumot E'.;nzendihtces·														
Utilities	$77S	$760	$701	$686	$836	$768	$605	$481	$786	$0	$0	$0	$6,398	
Pest Control	$95	$95	$95	$95	$95	$95	$95	$95	$95	$0	$0	$0	$856	
Equipment Lea se	$98	$98	$98	$98	$98	$98	$98	$90	$98	$0	$0	$0	$880	
Total Restaurant Expenditures	$968	$953	$894	$879	51,029	$96 1	S798	$674	$979	$0	$0	so	SB,134 1	

Page 14

Viera East Golf Course Month to Month
October	November	December	anuar	Februa	March	A rll	M	une	tember	Total

Go{fQnemfians·
Salaries	$17,027	$20,356	$13,890	$19,181	$17,657	$20,778	$22,508	$19,098	$17,729	$0	$0	$0	$168,226
Adminisb"ative Fee	$1,720	$1,918	$1,490	$1,754	$1,535	$1,744	$1,647	$1,760	$1,722	$0	$0	$0	$15,291 FICA Expense	$1,290	$1,557	$1,063	$1,467	$1,351	$1,590	$1,722	$1,461	$1,356	$0	$0	$0	$12,057
Health Insurance		$46		$54		$54			$54			$54			$54		$54		$0	($104)	$0	$0	$0		$264 Workers Compensation	$504	$556	$380		$524		$475		$576	$613	$522		$484	$0	$0	$0	$4,634 Unemployment	$649	$675	$409	$1,264	$1,005	$1,036              $998                 $993                   $915                   $0                   $0                    $0                    $7,943 Golf Printing                                                                         $0                    $402               $402                 $402                   $0                     $0                 $0                    $0                      $0                 $0                   $0                    $0                       Sl,206 Utilities                                                                                      $1,640                   $1,645             $1,697               $1,436             $1,766               $1,623            $1,618              $1,337                $1,645                  $0                    $0                     $0                     $14.407
Repairs	$0	so	$0	$0	$0	$0	$0	$145	$0	$0	$0	$0	$145
Pest Control	$95	S95	$95	$95	$95	$95	$95	$95	$95	$0	$0	$0	$856
Supplies	$681	$751	$1,163	$1,689	$1,243	$1,183	$3,607	$493	$1,859	$0	$0	so	$12,670
Uniforms	$0	so          $1,778	$0	$84	$0	$0	$0	$0	$0	$0	so	$1,862 Training, Education  & Employee Relations	$0	$0	$260	$0		$0	so	so	$0	$0	$0	$0	so		S260 Fuel	$0	so		$0	$0		$0	$0	$0                       $0                          so              $0                      $0                       $0                          so Cart Lease                                                                                              $4,020                     $3,978               $1,578                 $6,961               $7,992                 $7,528             $8,227                 $8,464                   $8,228                     so               $0                        $0                     $56,976
Cart Maintenance	$1,709	$521	($546)	$1,392	$120	$287	$0	$0	$389	$0	$0	$0	$3,871
Driving Range	$0	$0	$0	$3,174	$0	$0	$254	$0	$220	$0	$0	$0	$3,648
Total Golf Operation Expenditures	$29.;!81	$32,508	$23,712	$39,394	$33,377	$36,493            $41,l!43	$34,367	$34,538	$0	$0	$0	$3051114 1

Mecchoncfise VZles·
Cost of Goods Sold	$806	$6,230	$8,527	$7,960	$6,389	$5,813	$8,297	$4,651	$5,259	$0	$0	$0	$53,931
Total Merchandise Sales	5806	$6,230	se 1s 21	$7,960	$6,389	S5.813	SB,297	$4 ,651	ss 12s9	$0	$0	$0	ssa,9a1I
Gal[Cauo:e Maiamaaar;c·
Salaries	$34,970	$38,528	$32,514	$37,480	$32,323	$36,167         $34,784	S36,402	$34,603	$0	$0	$0	$317,771
Administrative Fees		$940		S958		$815		$932		$815		$903	$1,046		$903		$874	$0	$0	$0		$8,186 FICA Expense	$2,599	$2,910	$2,392	$2,776	$2,393	$2,678	S2,467	S2,736	$2,562	$0	$0	$0	$23,513
Employee Insurance	$2,209	$4,974	$3,720	$3,672	$4,820	$3,750	$3,182	$4,318	$4,009	$0	$0	$0	$34,654 Workers Compensation		$953	$1,048		$889	$1,022		$881		$986		$902		$992		$944	$0	$0	$0		$8,617 Unemployment		$129		$178		$147	$2.488	$1,419	$1,035               $464                 $189                   $113                  $0                    $0                      $0                       $6,161
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	$500	$0	$0	$0	$4,500 Fire Alarm System	$171	$171	$216	$171	$171	$171              $171              $171               $256               $0               $0               $0               $1,665  Telephone/Internet                                                  $0                         $0                   $0                     $0                   $0                     $0                  $0                     $0                      $0                 $0                   $0                    $0                              $0 Utilities/Water                                                              $2,440                 $2,089             $2,043              $1,886            $1,916              $1,932           $2,661             $2,241               $2,417                 $0                   $0                    $0                     $19,625 Repairs                                                                                       $2,721                  $3,896             $1,827               $3,449             $2,144               S3.382            $3,919               $4,311                $1,270                  $0                    $0                     $0                      $26,919 Fuel &Oil                                                                                   $2,353                  $2,413             $3,036               $2,297             $2,275               $2,467            $1,931              $1,856                $1,507                   $0                    $0                     $0                    $20,136
Pest Control		$327			$77		S77			$71			$77		$77		$77		$77		$77	$0	$0	$0		$943 Irrigation/Drainage	$1,120	$1,140	$1.328	S1,540		$922	$1,554	$787	$1,485	$2,417	$0	$0	so	S12,292 Sand and Topsoil			$0		$353		$84		$954	$3,073	$1,231               $970               $1,282                  $0                   $0                   $0                   so                  $7,946 Flower/ M ul ch                                                                                    $678                         $95              $2.295                $1,185              $2,988                   $936                    so            $350                         $0                   $0                     $0                      $0                     $8,527
Fertilizer	($1,608)	$4,186	$13,131	$11,834	$12,500	$14,538         $15,439	$15,983	$14,616	$0	$0	$0	$100,619 Seed/Sod		$0		$349		$1.244		$1,244		$1,244		$1,552	$1,244		$1,244		$1,244	$0	$0	$0		$9,363
Trash Removal	$282	$141		$0	$282		$0	$141	$141	$282	$141	$0	$0	$0	$1,408 Contingency		$0		$0	$536	$536	$536	$536	$536	$536	$536	$0	$0	$0	$3,750
First Aid	$199	$0	$0	$160	$0		$0	$202	$134	$0	$0	$0	$0	$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	$336	$0	$0	$0	$3,693 Training		$0		$0	$223	$0	$686		$0		$0	$342	$680	$0	$0	$0	$1,931 Janitorial Supplies		$0		$0		$0	$0		$0		$0                $30                      $0                       $0                  $0                    $0                     $0                       $30 Soil & Water Testing                                                            $0                        $0                   $0                     $0                   $0                     $0                 $0                    $0                      $0                 $0                  $0                    $0                              $0 Uniforms                                                                                       $771                     $548             $1,048                   $560                $585                  $757              $592                 $592                   $745                  $0                    $0                     $0                       $6,197
Equipment Rental	$0	$0	so	$0	$0	$0	$0	$0	$0	$0	$0	so	$0
Equipment Lease	$13.645	$13,645	$20,202	$15,323	$12,579	S13,588          $13,565	$13,589	S13,473	$0	so	so	$129,609
Small Tools	so	$0	$0	$0	$0	$0	$0	$0	$0	so	$0	$0	$0
Total Golf Course Maintenance	$65,619	$78,292	$88,266	$90 ,366	se s 1t 46	S90, 09           sss,909	$91,486	S83,l!16	so	$0	$0	S7SB,910 I
Page 15

Oct.obtt

November

December

1anuari

Februara;:

March

Aerll

Mav

1une

1ult

Auest

tember

Total

Viera East Golf Course Month to Month

ddmit1is:tr.atil!£:  liNJ.c.ad.iruca.s:	
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	$20	$0	$0	$0	$390	
Dissemination	$83	$83	$83	$83	$83	$83	$83	$83	$83	$0	$0	$0	$750	
Trustee Fees	$342	$342	$342	$342	$342	$342	$342	$342	$194	$0	$0	$0	$2,927	
Annual Audit	$125	$125	$125	$125	$125	$125	$125	$125	$125	$0	$0	$0	$1.125	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0	$0	$0	$42,210	
Insurance	$5,501	$5,501	$6,360	$5,501	$5,501	$5,501	$5,501	$5,501	$5,501	$0	$0	$0	$50,366	
Property Taxes	$0	$571	$1,964	$1,535	$1,535	$1,535	$1,535	$1,535	$1,535	so	$0	$0	$11,743	

Total Administrative Expenditures	
$111095	
$11i;!62	
$13,614	
$12.856	
$12i;!25	
S13 30	
S1Z13ZS	
$12.296	$121147	so	
$0	
$0	s111.2so I	

Renewal & Replacement	
Sl,667	
$2,256	
S2,924	
S2,602	
S3,680	so	
$0	
$0	
$0	
$0	
so	
$0	
$13,129	
Operating Reserves	$0	$0	so	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	

Total Reserves	 	51,667	$2,256 	$2,924		$2.602	$3.680 	so	$0	$0	$0	so	$0	$0	s13112 9 1
Total Revenues	 	$112.863	$146,154	$130,124	$183.998	$222,053	$215i;!32	$150 ,298           $14 0,538	$131,920	 	$0	$0	$0		Sl .! 33 ,280 I
Total Expenditures	$120,039	$143,329	$150,382	$163.388	$155, 325    	$157 ,441        $157,713	$150,763	       $145,434	$0	$0	$0		S1i;!431  815      I

Special Assessments· Debt Service	$46,530	$46,530	$46,530	$46,529	$46,530	S46,530	$46,530	$46,530	$46,530	$0	so	$0	$418,766	
Interest Income	$42	$46	$35	S36	S36	$30	$13	$5	$2	so	so	so	$246	
Transfer In	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Interest Expense	($13,069)	($13,069)	($13,069)	($13,069)	($13,069)	($13,069)	($13,069)	($13,069)	($13,069)	$0	$0	$0	(S117,619)	
Principal Expense	[$34,167)	[$34,167)	($34,167)	($34,167)	($34,167)	($34,167)	($34,167)	($34,167)	($34,167)	$0	$0	$0	($307,500)	
Total  Non Operating  Revenues/(Expenditures)	f$ 66  4]	1$66 0]	j$6 71!	($670 1	[ $67 0]	!$676 ]	1m 21	( $ 701 1	($704 ] 	$0	10	$0	jS6,107 JI	
Net Non Operating Income/ (Loss)	IS7,R4 1 )	$2.164	j$20 192B!	$19,940	$66.058	$57,215	1se11 oe1	1s1019 2s 1	1$14,2181	$0	$0	$0	$831358 1	

Operating Income (Loss)	ls, ,111 1	$2.!!24	1sz o .2se  1	$20 , 610	$66,728	$57.!!91	jS7 141 51	1s 10 122s  1	1s1  J,s 14 1	so	$0	$0	SR9 1464 I
aa U,Zecatiao:  &.:llt:DH l1£Ddit11a:.1;J•

Page 16

Viera East
Community Development District

ProShop
Statement of Revenues & Expenditures

 	October	November    December       fanuary	Feb ruary        March	April	May	(une	July	August	September	Total

Revenues

Merchandise  Sales	$6,479	$8,654	$10,744	$8,375	$12,097	$9,935	$10,715	$8,607	$8,801	$0	$0	$0	$84,408 Total Revenues	$6,479	$8,6S4	$10,744	$8,375	$12,097	$9,935	$10,715	$8,607	$8,801	$0	$0	$0	ss4,4os I Expenditures
Cost of Goods Sold	$806	$6,230	$8,527	$7,960	$6,389	$5,813	$8,297	$4,651	$5,259	$0	$0	$0	$53,931
Total Expenditures	$806	$6,230	$8,527	$7,960	$6,389	$5,813	$8,297	$4,651	$5,259	$0	$0	$0	ss3,931  I
Operating Income (Loss)	$5,673	$2,424	$2,217	$415	$5,709	$4,123	$2,418	$3,956	$3,542	$0	$0	$0	$30,477 !

Page 17

Viera East
Community Development District Long Term Debt Report

Series 2006 Water Management Refunding Bonds	
Interest Rate:	5.750%	
Maturity Date:	5/1/2022	
Reserve Fund Definition:	10% Max Annual Dept	
Reserve Fund Requirement:	$239,334	
Reserve Fund Balance (1):	$239,334	
Bonds outstanding- 9/30/2016	$11,855,000	
Less: May 1, 2017 Principal	($1,710,000)	
Less: May 1, 2018 Principal	($1,810,000)	
Less: May 1, 2019 Principal	($1,910,000)	
Less: May 1, 2020 Principal	($2,020,000)	
Current Bonds Outst andine	$4,405,000	

(1) This value is covered by the Debt Service Reserve Fund Surety Bond and is not a cash balance on the District's balance sheet

Series 2012 Special Assessment Revenue Bonds	
Interest Rate:	2.5%to5%	
Maturity Date:	5/1/2026	
Reserve Fund Definition:	50% Max Annual Dept	
Reserve Fund Requirement:	$279,239	
Reserve Fund Balance:	$280,144	
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 Outst anding	$2,895,000	

Page 18

Viera East
Community Development District
Special Assessment Receipts - FY2020

·

Net
Assessed	
Percen tage	Assessments	Assessments	Balance to
Collected	Transferred	Transfer	
	
Debt Service Fund	$     2 i 76} 9-7·-	
G eneral Fund 7	_.L$   ._. 808,157
Recreation Fund	.§]	8,  489

$   3,762,943	······· ·6i i·s%.
 21.48%
15.37%

100.00%	$	.   2,376,297 _l $	(2,376,297 f   $	-  -	·	
$ 		808,157  j  $	 (808,157)  $	 		-
$ ..-.-..-   - ···· 593,936	$	(561,698 )   $	32,238

$	3,778,390	$	(3,746,152)   $	32,238	

Date	I	Net	I	Gen Fund	I	Debt Svc 2006	I	Rec Fund	I	Total	
·····•···························..·····..·1.·· · .........................................................................?....  . . ...   ....   .......      ..  ....   ....   . ....   . ....   . . . ...  .. :.' .....    . . . .....     . .....    ..  . .....    ....   .......      . . ..  ".?.........     . .....   . .. ............... ....
............11/6/19............!..$...........65,047..l.J................13,970..J...$.....................41,077..!..$ .. .................10,000..l..$ 	65,047..
...........11/20/19..........l,.$.....1,741,148.J..$ ............. 373,942..,L. $...............1,099,534..l,.$................ 267,672..! ,$.......1,741,148 ..
...........12/13/20.......... l..$ ...)  ,138,411. J ..$............. 244,493..J..$ ...................718,906..l..$................175,012..J..$.......1,138,411..
...........12120;20 .......... ..$  ........ 370,110.J ..$................ 79,488.)..$...................233,725 ..! ..$ ... ... .. ...........56,898..L$ ...........310,110 ..
............1/10/20............l,.$...........90,960..l,.$. .................19,535.    l..$.  ....................57,441..l..$  ...................13,984...L.$  .. ...........90,960..
......... 2/ 4/ 2o.   (1)  ........ l..$..............2,184..l..$  ........................469..J...$  ........................l,380..l...$..........................336..J..$ .................2,184..
..............2/7;20  .............l.,$........... 63,111.   l ..$................13,554...L,$.....................39,855..l..,$......................9,702..L$..............63,111...
..............3/6/20............. l..$........... 33,161..l..$  .................... 7,122.JJ .....................20,941..l..$  ......................5,098..l..$ ..............33,161...
..............4/6/20.............!..$........126,535..!.J ...............27,l 76.)...$  ....................79,907.. ..$ ...................19,453..!..$...........126,535...
........4/23/20.(2)........l,.$.................202..i.J ................... ......43 ...L.,$ ............................127 ..l,.$.............................31 ..l,.$ ....................2.02 ..
..............5/8/20............. !..$ ........115,282..J. J ................28,365..iJ...:$...................................83,404....:.....Jt...............................:.3,513:: :..).i L$  .............115,282: ! :....
..!.J	..
.....6/1::;&; .cai!..: ...	: ! :..]:..............:.........
...................................... ...................................................................i.... ...................................... ............................................... ...........................
................	. .... ... . . .................	. ->..... ... ...........................	.........................................;.............................................               ...........................................;.....................................
;	:	:	:	:
;	:	:	:	:
.. ..... ..... .. ... .. ... . . .. . . .... ...... .. .. ... .... .. . ... .. ..... ... ..... .... .... t .. . .. .. ... ..... ...... .... ....... .. ..... .. ... ... .... .... ... .. .... .... ... ..... ..... ..... . .. .. . .. ...... .... ... ...... .. .... . . .. . ... .... ..... ... .. ... .. . .. .. . .. .. .... ... .. . ..
..........................................·.I·.· ................................ ···..................................l.I.. ...........................................!....................................... .....................................
........................................1. ..............................r.. ........................................-r...........................................t. ·····..···..... .......................1··--···.............................
............................................ .................................. ......................................... ............................................. ........................................... .....................................
......,.. ....,,...........,.•., •• ,. .............,,.,.....................,••.,.1"•••.. •• ••"   •• 00 00•  00•••  ..  •• •..  ••••••--•••  •   • .....,.,.,. ......,......,.......,••.,...,..  ...............,..  •••••., .. ., .,, . ,. . ... ., ••••., •••.,.......,••,•.,  .,  ,. .,  •• ., .....
................. ..........········· ·;·..················1································································;r····························1······· ··..···················--······
:	:	:	:	:	
$ 3,778,390	$	808,157	$	2,376,297	$	593 36	$	3J78J90	

lPercentage Collected	100.41% !
FY20 1st Quarter
FY20 2nd Quarter
Tax Certificate Sale

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

Actuals			Year to Date	Year to Date	
6/30/19	 	6/30/20	 	Variance		 	6  30  19	6  30  20	Variance		
Revenues:							
Greens Fees	$	89,869	$	91,683	$	1,813	$ 1,104,479	$ 1,041,910	$	(62,568)	
Gift Cards - Sales	$	760	$	808	$	48	$	10,321	$	6,545	$	(3,776)	
Gift Cards - Usage	$	(1,217)	$	(433)	$	784	$	(13,262)	$	(10,618)	$	2,644	
Season Advance/Trail Fees	$	17,857	$	16,829	$	(1,027)	$	164,698	$	163,283	$	(1,415)	
Associate Memberships	$	1,659	$	2,844	$	1,185	$	31,442	$	31,442	$	
Driving Range	$	4,626	$	5,597	$	971	$	55,351	$	57,297	$	1,946	
Go!f Lessons	$	175	$	115	$	(60)	$	1,575	$	1,515	$	(60)	
Merchandise Sales	$	7,513	$	8,801	$	1,288	$	104,201	$	84,408	$	(19,793)	
Restaurant	$	1,456	$	2,099	$	643	$	19,990	$	20,808	$	818	
Special Assessments - Operations	$	1,877	$	1,877	$	$	16,895	$	16,895	$	
Miscellaneous Income	$	1,070	$	1,700	$	630	$	21,833	$	19,794	$	(2,040)	
Total Revenues	$	125,646 	$	131,920	$	6,274	 $   1,517,523	$   1,433,280	 $	(84,243)	
Expenditures:
Golf Course Expenditures	
$	14,319	
$	9,194	
$	5,125	
$	112,072	
$	93,347	
$	18,725	
Restaurant	$	1,133	$	979	$	153	$	9,394	$	8,134	$	1,259	
Golf Operations	$	29,280	$	34,538	$	(5,258)	$	265,744	$	305,114	$	(39,370)	
Merchandise Sales	$	967	$	5,259	$	(4,292)	$	65,950	$	53,931	$	12,020	
Golf Course Maintenance	$	80,647	$	83,316	$	(2,669)	$	782,037	$	758,910	$	23,127	
Administrative	$	11,956	$	12,147	$	(191)	$	105,689	$	111,250	$	(5,561)	
Reserves	$	2,797	$	$	2,797	$	29,658	$	13,129	$	16,529	
Total Expenditures	$ 	141,098	$	145,434	$	(4,336)	 $   1,370,544	 $   1,343,815	$	26,729	

Actuals	I	

Operating Income/(Loss)	$ 	(15,452)	$	(13,514)	$	1,938	 $	146,978	$	89,464	$	(57,514)

$	112 863	146154	$ 130 124	$	215 332	$	150 298	153 759	$ 126 533	139 952	$ 1853523	
$	111,625	144136	$ 127 508	$	212 960	$	147237	152,197	$	125 251	138,532	$ 1 828,451	
    $	1,237	2 018	$	2,617	$	2372	$	3,061	1,562	$	1,282	1,420	$	25,072	
			
$	183 065	209055	$ 195 851	$	348138	$	340,995	312418	$ 275 697	252572	$ 1853 523	

Viera East Cash Flow  Analysis   FY 2020

I. C.a h Flg_w :	
	
October	November	December	Janu	March	A ril	Ma	June	Ju	Totals
 	!Mi!!1ing  F11al.!1 	 	
Carry Forward	I!!!	70 . 203  I !1!	s2  , s o2 I $  ss , 72s I !I!  45,468 I $  66,o7a I $	132 , 8 06 I !1!	1 s o.6s1 I s  183 .281 I !I! 112  , 11 3 I I $	1s  a,sss I !I!	1 4s,163 I s 112,621 I
 	R1venuei	
Golf Course
Course Operations
Restaurant Total All Cash
 	Exeenses		 	
Golf Course	$	120 163    $    143 329	$	157 441	157 713    $  151 646	163 255    $	163 076     $    163 164    $     1834 318

Course Operations    $	119,195    $    142 377	$	156480	156,915     $ 150 972	162,255    $	162 255    $    162 265    $   1,823,455

Restaurant   $	968   $	953	$	961	798   $	674	1,000    $	820    $	909    $	10,863
Cash Less  Expenses I $	62,902 I $	6 5,726 I $ 45,468 I $ 66,078 I $ 132 ,806 I $	190,697 I $	183 .281  I $  112.113 I $ 1581659 I I $	14 91163 I $	112.621 I $	89,408 I

Projected Revenues FY 2020	$   1,853,523
Projected Expenses FY 2020	 s    1834318
Projected Surp/us(Deficlt) FY 2020	 $	19 205	

Viera East
Community Development District
Detailed Rounds of Golf Report
Jun-20
PY•PREVIOUS YEAR
Rounds of Golf						
PY	
PY	
Vs.PY	
Vs.PY	
	Monthly		Year to Date			Monthly	YeartoDate	Monthly	YeartoDate	
Paid Rounds										
Rounds of Golf-Associate Member	486	12%	4,489	11%		529	5,204	(43)	(715)	
Rounds ofGolf-CDD Resident	839	20%	7,353	18%		570	7, 278	269	75	
Rounds of Golf- PubIic	1,368	33%	14,553	36%		2,151	19,182	(783)	(4,629)	
RoundsofGolf-GolfNow /1:2 Links	407	10%	2, 551	6%		87	1,915	320	636	
Rounds of Golf-Tournaments	0	0%	0	0%		0	721	0	(721)	
Rounds of Golf-Misc	0	0%	0	0%		0		0	0	
Rain Check Issued	(124)	-3%	(556)	-1%		(96)	(626)	(28)	70	
Total Paid Rounds	2,976		28,390			3,241	33,674	(265)	(5,284)	
Member Rounds										
Rounds of Golf-Members	685	17%	7,067	18%		500	5,972	185	1,095	
Total Member Rounds	685		7,067			500	5,972	185	1,095	
Comp Rounds										
Rounds of Golf-Staff/Comp	155	4%	1, 392	3%		129	1,222	26	170	
Rounds of Golf- Other Comp	130	3%	1, 208	3%		61	1,357	69	(149)	
Total Comp Round$	285		2,600			190	2,579	95	21	
Rounds ofgolf• GolfNow/EZ Links	190	5%	2,215	6%		167	2,220	23	(5)	
TOTAL ROUNDS OF GOLF	4,136	100%	40,272	100%		4,098	44,445	38	(4,173)	

Revenues

§!ll!::Di Et!: Bi:venue		

Monthly		

Year to Date		
PY
Monthly	
PY
Year to Date	
Vs.PY
Monthly	
Vs.PY
Year to Date	
Rounds of Golf-Associate Member	Sl7,134
$22,464
$41,202
$14,279
so
$0
!$3.!631)

$91,448	19%	$184,216
S240 , 408
$495,555
$95,610
$0
so
($15,493)

$1,000,296	18%	$16,364	$188,797	$770	($4,581}	
Rounds of Golf- COD Resident		25%		24%	$14,323	$213,912	$8,141	$26,496	
Rounds of Golf-Public		45%		50%	$57,748	$616,971	($16,546)	($121,416}	
Rounds of Golf-Golf Now /f2Links		16%		10%	$2,745	$75,533	$11,534	$20,077	
Rounds of Golf-Tournaments		0%		0%	$0	$22,246	$0	($22,246)	
Rounds of Golf-Misc		0%		0%	$0	$0	$0	$0	
Rain Check Issued		-4%		-2%	($1,9J 7_)_	_($.1._5,i  8S)	($1,644)	($108)	
TOTAL GREENS FEE REVENUE		100%		100%	$89,193	$1,102,074	$2,255	($101,778)	

A erile Ret Round ofG2lf					
PY	
PY	
Vs.PY	
Vs.PY	
&!S:[l!H S !!IC Col!!m!      §olf	
Rounds of Golf- Asso ciate Member	Monthly

$35.26	Year to Date

$41.04		Monthly

$30.93	YeartoDate

$36.28	Monthly

$4.32	Year to Date

$4.76	
Rounds of Golf- CDD Resident	$26.77	$32.70		$25.13	$29.39	$1.65	$3.30	
Rounds of Golf-Public	$30.12	$34 .05		$26.85	$32.16	$3.27	$1.89	
RoundsofGolf-GolfNow /f2Llnks	$35.08	$37.48		$31.55	$39.44	$3.53	($1.96)	
Rounds of Golf- Tournaments	#DIV/01	#DIV/01		#DIV/0!	$30.85	#DIV/01	#DIV/01	
Rounds of Golf- Misc	$0.00	$0.00		#DIV/01	#DIV/01	#DIV/01	#DIV/01	
Rain Check Issued	$29.28	$27.87		$20.70	$24.58	$8.58	$3.29	
TOTAL• Average$ per round of Golf	$30.73	$35.23		$27.52	$32.73	$3.21	$2.51	
			PY	PY	Vs. PY	Vs. PY	
	Monthly	Year to Date	Monthly	Year to Date	Monthly	Year to Date	
Membership Revenue	$16,829	$162,739	$14,661	$161,499	$2,168	$1,240	
Average$ per round of Golf	$24.57	$23 .03	$29.32	$27 .04	($4.75)	($4.01)