Viera East
Community Development District

Unaudited Financial Reporting
February 28, 2021

TABLE OF CONTENTS

1 	Balance Sheet 

2-4 	General Fund Income Statement 

 	Capital Reserve Income Statement

 	Capital Reserve Check Register 

 	Debt Service Series 2006 Income Statement 

 	Debt Service Series 2020 Income Statement 

 	Capital Projects Series 2020 Income Statement

10-13 	Golf Course Income Statement 

14-15 	Month by Month- General Fund 

16-18 	Month by Month- Golf Course 

 	Month by Month- Proshop 

 	Long Term Debt Report 

 	FY2021 Tax Receipt Schedule 

Viera East
Community Development District
Combined Balance Sheet February 28, 2021

Governmental Fund Types

 Golf 

Totals

Assets

General	Capital Reserve	Debt Service Capital Projects

Course/Recreation (memorandum only) 

Operating Account	$755,028	$151,064	----	----	$905,008	$1,811,099
Accounts Receivable	----	----	----	----	$1,312	$1,312
Rent Receivable	----	----	----	----	$1,982	$1,982
Due From Golf Course	$32,878	----	----	----	----	$32,878
Due From General Fund	----	----	$133,567	----	$60,496	$194,063
Due From Capital Reserve		$209	----	----	----		$4,391		$4,600 Due from Debt Service	$11,030	----	----	----	$22,922	$33,953 Due from Other			----	----	----	----		$2,678		$2,678
Due from Capital Projects	----	$51,798	----	----	$750	$52,548
Inventory - Pro Shop	----	----	----	----	$50,569	$50,569 Investments:
State Board	----	$89,197	----	----	----	$89,197
Benefit Assessment- Series 2012	----	----	----	----	$4,108	$4,108
Reserve - Series 2012	----	----	----	----	$280,132	$280,132
Bond Service- Series 2006	----	----	$2,440,583	----	----	$2,440,583
Reserve- Series 2020	----	----	$234,598	----	----	$234,598
Temporary Interest Series 2020	----	----	$361,241	----	----	$361,241
Project- Series 2020	----	----	----	$4,548,495	----	$4,548,495
Cost of Issuance- Series 2020	----	----	----	$55,075	----	$55,075

Total Assets	$806,393	$292,058	$3,169,988	$4,603,570	$2,560,946	$11,432,954

Improvements (Net of Depreciation)		----	----	----	----	$1,130,855	$1,130,855 Prepaid Expenses- Operations	$7,246	----	----	----		$95,744		$102,990
Liabilities
Accounts Payable	$9,611	----	----	----	($135)	$9,476
Accrued Expenses	$3,708	----	----	----	$12,912	$16,621
Deferred  Revenue- Season Advance	----	----	----	----	$95,226	$95,226 Deferred  Revenue- Special Assessments O&M	----	----	----	----	$10,635	$10,635
Deferred Revenue- Special Assessments Debt	----	----	----	----	$281,853	$281,853 Deposit-Divots Grill	----	----	----	----		$2,000		$2,000
Due to General Fund	----	$209	$11,030	----	$32,878	$44,118
Accrued Interest Payable	----	----	----	----	$89,059	$89,059
Accrued Principal Payable	----	----	----	----	$141,667	$141,667
Sales Tax Payable	----	----	----	----	$5,047	$5,047
Event Deposits		----		----		----	----	($116)		($116) Due to Golf Course	$60,496	$4,391	$22,922	----		----	$87,809
Due to Debt Service	$133,567	----	----	----	----	$133,567
Due to Capital Reserve	----	----	----	$51,798	----	$51,798
Accrued Payroll Payable	$10,155	----	----	----		$22,160		$32,315 Bonds Payable - Series 2012		----	----	----	----	$2,895,000	$2,895,000
Bond Discount	----	----	----	----	($15,817)	($15,817)
Deferred Loss	----	----	----	----	($159,029)	($159,029)
Fund Equity
Net Assets	----	----	----	----	($852,397)	($852,397)
Fund Balances
Assigned - First Quarter	$176,000	----	----	----	----	$176,000
Nonspendable - Prepaid Expense	$7,246	----	----	----	----	$7,246
Unassigned	$405,608	----	----	----	----	$405,608
Assigned- Capital Reserve Fund	----	$287,458	----	----	----	$287,458
Restricted for Capital Projects	----	----	----	$4,551,772	----	$4,551,772

Total Liabilities, Fund Equity, Other	$806,393	$292,058	$3,169,988	$4,603,570	$2,560,946	$11,432,954

Restricted for Debt Service	----	----	$3,136,036	----	----	$3,136,036

Page 1

Revenues		
Maintenance Assessments	$808,157	$745,338	$745,338	$0	
Golf Course Administrative Services	$56,280	$23,450	$23,450	$0	
Interest Income	$100	$42	$4	($38)	
Total Revenues	$864,536	$768,830	$768,792	($38)	

Administrative Expenditures					
Supervisors Fees	$30,496	$12,707	$11,705	$1,002	
Engineering Fees	$5,000	$2,083	$625	$1,458	
Attorney's Fees	$5,000	$2,083	$1,524	$559	
Dissemination	$1,000	$417	$417	$0	
Trustee Fees	$5,600	$2,333	$2,333	($0)	
Annual Audit	$6,500	$2,708	$1,375	$1,333	
Collection Agent	$2,500	$1,042	$1,042	($0)	
Management Fees	$100,440	$41,850	$41,850	$0	
Postage	$1,500	$625	$1,078	($453)	
Printing & Binding	$2,500	$1,042	$663	$379	
Insurance- Liability	$7,475	$3,115	$3,792	($677)	
Legal Advertising	$1,500	$625	$568	$57	
Other Current Charges	$1,500	$625	$199	$426	
Office Supplies	$1,500	$625	$80	$545	
Dues & Licenses	$175	$73	$73	($0)	
Information Technology	$3,400	$1,417	$1,417	$0	
Total Administrative	$176,086	$73,369	$68,739	$4,631	

Operating Expenditures		
Salaries	$149,299	$62,208	$60,372	$1,836	
Administrative Fee	$1,659	$691	$1,129	($438)	
FICA Expense	$11,421	$4,759	$3,561	$1,198	
Employee Insurance	$16,914	$7,048	$6,522	$525	
Workers Compensation	$2,926	$1,219	$1,694	($475)	
Unemployment	$853	$355	$817	($462)	
Other Contractual	$7,500	$3,125	$3,392	($267)	
Training	$500	$208	$0	$208	
Uniforms	$500	$208	$0	$208	
Total Operating	$191,572	$79,822	$77,488	$2,333	

Maintenance Expenditures					
Canal Maintenance	$14,000	$5,833	$0	$5,833	
Lake Bank Restoration	$60,000	$60,000	$57,000	$3,000	
Environmental Services	$20,000	$8,333	$1,785	$6,548	
Water Management System	$99,000	$41,250	$45,002	($3,752)	
Control Burns	$15,000	$6,250	$652	$5,598	
Contingencies	$2,000	$833	$0	$833	
Fire Line Maintenance	$3,000	$1,250	$800	$450	
Basin Repair	$4,000	$1,667	$0	$1,667	
Total Maintenance	$217,000	$125,417	$105,239	$20,177	

Grounds Maintenance Expenditures		
Salaries	$140,787	$58,661	$55,102	$3,559	
Administrative Fees	$3,684	$1,535	$1,554	($19)	
FICA	$10,770	$4,488	$4,070	$417	
Health Insurance	$18,818	$7,841	$6,893	$948	
Workers Compensation	$2,759	$1,150	$1,505	($355)	
Unemployment	$2,120	$883	$1,300	($417)	
Telephone	$6,250	$2,604	$2,844	($240)	
Utilities	$5,500	$2,292	$2,949	($658)	
Property Appraiser	$1,990	$1,990	$1,989	$2	
Insurance	$1,663	$693	$625	$68	
Repairs	$15,000	$6,250	$7,898	($1,648)	
Fuel	$10,000	$4,167	$4,479	($312)	
Park Maintenance	$2,500	$1,042	$760	$282	
Sidewalk Maintenance	$5,000	$2,083	$0	$2,083	
Chemicals	$4,000	$1,667	$759	$907	
Contingencies	$4,000	$4,000	$4,755	($755)	
Refuse	$6,000	$2,500	$2,160	$340	
Office Supplies	$750	$750	$723	$27	
Uniforms	$3,000	$1,250	$1,084	$166	
Fire Alarm System	$6,500	$2,708	$2,635	$74	
Rain Bird Pump System	$27,576	$11,490	$11,722	($232)	
Total Grounds Maintenance	$278,667	$120,043	$115,804	$4,239	
					
Total Expenditures	$863,325	$398,651	$367,271	$31,380	
					
Operating Income (Loss)	$1,211	$370,179	$401,521	$31,342	

Non Operating Revenues/(Expenditures)					
Reserve Funding- Transfer Out (Capital Reserve)	($1,211)	$0	$0	$0	
Reserve Funding- Transfer Out (Excess)	$0	$0	$0	$0	
Total Non Operating  Revenues/(Expenditures)	($1,211)	$0	$0	$0	
					
Excess Revenue/(Expenditures)	($0)	$370,179	$401,521	$31,342	
					
Beginning Fund Balance	$0		$187,333		
					
Ending Fund Balance	$0		$588,854		

Capital Reserve Fund Statement of Revenues & Expenditures For Period Ending February 28, 2021

Variance

Actual
2/28/21

Prorated Budget
2/28/21

Adopted
Budget

Revenues

Interest Income	$2,500	$1,042	$75	($966)	
Reserve Funding - Transfer In (General)	$1,211	$0	$0	$0	
Reserve Funding - Transfer In (Golf)	$31,219	$0	$0	$0	
Reserve Funding - Transfer In (General Excess)	$0	$0	$0	$0	
Total Revenues	$34,930	$1,042	$75	($966)	

Expenditures					
Capital Outlay	$100,000	$11,595	$11,595	$0	
Truck Maintenance	$25,000	$0	$0	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$11,595	$11,595	$0	
					
Excess Revenues/(Expenditures)	($90,070)		($11,519)		
					
Beginning Fund Balance	$229,102		$298,978		
					
Ending Fund Balance	$139,032		$287,458		

Viera East Community Development District
Capital Reserve Fund Capital Outlay Check Register Detail
For Period Ending February 28, 2021

Check Date	Vendor	Detail	Amount

Capital Outlay
FY2021
2/18/21	Payne Restaurant Equipment	Machine & Dispenser	$	6,995.00	
1/29/21	Amazon	Outdoor Convex Mirror	$	693.94	
2/2/21	Amazon	WP Reflective Tape	$	71.98	
2/2/21	Global Industrial	Post Guard Remove Bollard	$	3,624.59	
3/4/21	Lowes	Posts for Mirror	$	209.30	

Total	 $	11,594.81 

Community Development District
Debt Service Fund Series 2006 Statement of Revenues & Expenditures For Period Ending February 28, 2021

	Adopted	Prorated Budget	Actual
Budget	2/28/21	2/28/21	Variance	
Revenues				
Special Assessments	$2,376,297	$2,191,586	$2,191,586	$0	
Interest Income	$1,500	$625	$17	($608)	
Total Revenues	$2,377,797	$2,192,211	$2,191,603	($608)	

Expenditures				
Series 2006 Interest-11/1	
$126,644	
$126,644	
$126,644	$0	
Interest-5/1	$126,644	$0	$0	$0	
Principal-5/1	$2,140,000	$0	$0	$0	
Total Expenditures	$2,393,288	$126,644	$126,644	$0	

Excess Revenues/(Expenditures)	($15,491)	$2,064,959	
			
Beginning Fund Balance	$522,357	$475,238	
			
Ending Fund Balance	$506,866	$2,540,197	

Debt Service Fund Series 2020 Statement of Revenues & Expenditures For Period Ending February 28, 2021

Variance

Actual
2/28/21

Prorated Budget
2/28/21

Adopted
Budget

Revenues

Interest Income	$1,000	$417	$13	($404)

$1,000	$417	$13	($404)

Total Revenues

Expenditures		
Series 2020 Interest-11/1	
$52,679	
$52,679	
$52,679	
$0	
Interest-5/1	$90,308	$0	$0	$0	
Total Expenditures	$142,987	$52,679	$52,679	$0	
					
Excess Revenues/(Expenditures)	($141,987)		($52,666)		
					
Beginning Fund Balance	$648,505		$648,505		
					
Ending Fund Balance	$506,518		$595,838		

Capital Projects Fund Series 2020 Statement of Revenues & Expenditures For Period Ending February 28, 2021

Actual
2/28/21

Revenues

Interest Income	$119

$119

Total Revenues

Expenditures

Capital Outlay	$1,537,898
Cost of Issuance	$0

$1,537,898

Total Expenditures

($1,537,780)

Excess Revenues/(Expenditures)

$6,089,551

Beginning Fund Balance

$4,551,772

Ending Fund Balance

			

			

			

Viera East Community Development District
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending February 28, 2021

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

Restaurant Expenditures
Pest Control	
$1,200	
$95	
$136	
$41	
$476	
$503	
$27	
Equipment Lease	$1,100	$99	$125	$25	$545	$461	($85)	
Total Restaurant Expenditures	$2,300	$194	$261	$66	$1,021	$963	($57)	

Golf Operation Expenditures								
Salaries	$210,900	$15,326	$17,574	$2,248	$83,497	$87,871	$4,374	
Administrative Fee	$19,957	$1,193	$1,663	$470	$7,540	$8,315	$775	
FICA Expense	$16,547	$1,172	$1,379	$206	$6,388	$6,894	$507	
Health Insurance	$707	$33	$59	$26	$152	$295	$143	
Workers Compensation	$4,239	$419	$353	($65)	$2,280	$1,766	($514)	
Unemployment	$12,786	$920	$1,065	$146	$3,546	$5,327	$1,781	
Golf Printing	$2,200	$0	$183	$183	$1,200	$917	($284)	
Utilities	$22,500	$1,586	$1,875	$289	$8,074	$9,375	$1,302	
Repairs	$250	$0	$21	$21	$355	$104	($251)	
Pest Control	$1,200	$95	$100	$5	$476	$500	$24	
Supplies	$10,000	$719	$833	$115	$5,229	$4,167	($1,062)	
Uniforms	$1,500	$0	$125	$125	$0	$625	$625	
Training, Education & Employee Relations	$2,000	$0	$167	$167	$0	$833	$833	
Fuel	$500	$0	$42	$42	$0	$208	$208	
Cart Lease	$99,000	$7,971	$8,250	$279	$39,182	$41,250	$2,068	
Cart Maintenance	$4,000	$711	$333	($377)	$3,112	$1,667	($1,445)	
Driving Range	$10,000	$227	$833	$606	$1,548	$4,167	$2,619	
Total Golf Operation Expenditures	$418,286	$30,372	$34,856	$4,484	$162,577	$174,281	$11,704	

Merchandise Sales								
Cost of Goods Sold	$77,000	$3,007	$6,417	$3,409	$29,579	$32,083	$2,504	
Total Merchandise Sales	$77,000	$3,007	$6,417	$3,409	$29,579	$32,083	$2,504	

Page 11

			

			

Viera East Community Development District
Golf Course/Recreation Fund - Operations Statement of Revenues & Expenditures For Period Ending February 28, 2021

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

Administrative Expenditures
Legal Fees	
$1,500	
$0	
$125	
$125	
$0	
$625	
$625	
Arbitrage	$600	$20	$50	$30	$100	$250	$150	
Dissemination	$1,000	$83	$83	$0	$417	$417	$0	
Trustee Fees	$4,100	$342	$342	($0)	$1,708	$1,708	($0)	
Annual Audit	$1,500	$125	$125	$0	$625	$625	$0	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	$23,450	$23,450	$0	
Insurance	$77,000	$6,127	$6,417	$289	$30,875	$32,083	$1,208	
Property Taxes	$15,000	$1,621	$1,250	($371)	$7,004	$6,250	($754)	
Total Administrative Expenditures	$156,980	$13,009	$13,082	$73	$64,180	$65,408	$1,229	
								
Total Revenues	$1,928,696	$208,747	$219,799	($11,052)	$909,812	$869,643	$40,170	
								
Total Expenditures	$1,893,302	$119,433	$157,838	$38,405	$662,206	$788,851	$126,645	
								
Operating Income (Loss)	$35,394	$89,314	$61,960	$27,353	$247,606	$80,792	$166,814	
Non Operating Revenues/(Expenditures)								
Special Assessments	$560,250	$46,688	$46,688	($0)	$233,438	$233,438	($0)	
Interest Income	$1,000	$1	$83	($82)	$5	$417	($412)	
Gain on Sale of Asset	$0	$0	$0	$0	$45	$0	$45	
Reserve Funding- Transfer Out (Capital Reserve)	($31,219)	$0	($2,602)	($2,602)	$0	$0	$0	
Interest Expense	($140,425)	($11,702)	($11,702)	$0	($58,510)	($58,510)	$0	
Principal Expense	($425,000)	($35,417)	($35,417)	($0)	($177,083)	($177,083)	($0)	
Total Non Operating  Revenues/(Expenditures)	($35,394)	($430)	($2,950)	($2,684)	($2,106)	($1,740)	($367)	
								
Change in Net Assets	$0	$88,883	$59,011	$24,669	$245,500	$79,052	$166,448	
								
Beginning Net Assets	$0	----	----	----	($1,097,897)	----	----	
								
Ending Net Assets	$0	----	----	----	($852,397)	----	----	

	October	November	December	January	February	March		April		May		June		July		August		September	Total	
Revenues																				
Maintenance Assessments	$0	$196,793	$503,121	$38,045	$7,380		$0		$0		$0		$0		$0		$0	$0	$745,338	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690		$0		$0		$0		$0		$0		$0	$0	$23,450	
Interest Income	$0	$0	$0	$3	$1		$0		$0		$0		$0		$0		$0	$0	$4	
Total Revenues	$4,690	$201,483	$507,811	$42,738	$12,071		$0		$0		$0		$0		$0		$0	$0	$768,792	

Administrative Expenditures																				
Supervisors Fees	$2,678	$2,384	$2,900	$1,415	$2,328		$0		$0		$0		$0		$0		$0	$0	$11,705	
Engineering Fees	$0	$0	$475	$150	$0		$0		$0		$0		$0		$0		$0	$0	$625	
Attorney's Fees	$0	$0	$1,524	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,524	
Dissemination	$83	$83	$83	$83	$83		$0		$0		$0		$0		$0		$0	$0	$417	
Trustee Fees	$467	$467	$467	$467	$467		$0		$0		$0		$0		$0		$0	$0	$2,333	
Annual Audit	$275	$275	$275	$275	$275		$0		$0		$0		$0		$0		$0	$0	$1,375	
Collection Agent	$208	$208	$208	$208	$208		$0		$0		$0		$0		$0		$0	$0	$1,042	
Management Fees	$8,370	$8,370	$8,370	$8,370	$8,370		$0		$0		$0		$0		$0		$0	$0	$41,850	
Postage	$364	$198	$138	$324	$52		$0		$0		$0		$0		$0		$0	$0	$1,078	
Printing & Binding	$206	$70	$125	$50	$212		$0		$0		$0		$0		$0		$0	$0	$663	
Insurance- Liability	$608	$608	$608	$1,358	$608		$0		$0		$0		$0		$0		$0	$0	$3,792	
Legal Advertising	$296	$0	$0	$271	$0		$0		$0		$0		$0		$0		$0	$0	$568	
Other Current Charges	$78	$29	$59	$17	$17		$0		$0		$0		$0		$0		$0	$0	$199	
Office Supplies	$20	$20	$20	$20	$0		$0		$0		$0		$0		$0		$0	$0	$80	
Dues & Licenses	$15	$15	$15	$15	$15		$0		$0		$0		$0		$0		$0	$0	$73	
Information Technology	$283	$283	$283	$283	$283		$0		$0		$0		$0		$0		$0	$0	$1,417	
Total Administrative	$13,953	$13,011	$15,550	$13,307	$12,919		$0		$0		$0		$0		$0		$0	$0	$68,739	

Operating Expenditures																				
Salaries	$11,153	$13,540	$12,302	$12,301	$11,077		$0		$0		$0		$0		$0		$0	$0	$60,372	
Administration Fee	$556	$157	$143	$143	$129		$0		$0		$0		$0		$0		$0	$0	$1,129	
FICA Expense	$382	$928	$843	$845	$563		$0		$0		$0		$0		$0		$0	$0	$3,561	
Health Insurance	$1,281	$1,281	$1,281	$1,359	$1,319		$0		$0		$0		$0		$0		$0	$0	$6,522	
Workers Compensation	$305	$218	$336	$336	$500		$0		$0		$0		$0		$0		$0	$0	$1,694	
Unemployment	$0	$152	$191	$374	$100		$0		$0		$0		$0		$0		$0	$0	$817	
Other Contractual	$462	$1,225	$903	$462	$341		$0		$0		$0		$0		$0		$0	$0	$3,392	
Training	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Uniforms	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Operating	$14,139	$17,501	$16,000	$15,820	$14,030		$0		$0		$0		$0		$0		$0	$0	$77,488	

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

Maintenance Expenditures																				
Canal Maintenance	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Lake Bank Restoration	$17,100	$39,900	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$57,000	
Environmental Services	$123	$310	$965	$0	$387		$0		$0		$0		$0		$0		$0	$0	$1,785	
Water Management System	$7,887	$8,087	$13,107	$8,087	$7,833		$0		$0		$0		$0		$0		$0	$0	$45,002	
Control Burns	$0	$0	$0	$0	$652		$0		$0		$0		$0		$0		$0	$0	$652	
Contingencies	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Fire Line Maintenance	$0	$0	$0	$800	$0		$0		$0		$0		$0		$0		$0	$0	$800	
Basin Repair	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Maintenance	$25,110	$48,297	$14,072	$8,887	$8,873		$0		$0		$0		$0		$0		$0	$0	$105,239	

Grounds Maintenance Expenditures																				
Salaries	$10,364	$12,255	$11,279	$11,316	$9,888		$0		$0		$0		$0		$0		$0	$0	$55,102	
Administrative Fees	$288	$409	$318	$298	$241		$0		$0		$0		$0		$0		$0	$0	$1,554	
FICA	$780	$907	$832	$829	$723		$0		$0		$0		$0		$0		$0	$0	$4,070	
Health Insurance	$1,452	$1,428	$1,265	$1,344	$1,404		$0		$0		$0		$0		$0		$0	$0	$6,893	
Workers Compensation	$283	$335	$308	$309	$270		$0		$0		$0		$0		$0		$0	$0	$1,505	
Unemployment	$21	$25	$202	$650	$401		$0		$0		$0		$0		$0		$0	$0	$1,300	
Telephone	$633	$544	$554	$551	$563		$0		$0		$0		$0		$0		$0	$0	$2,844	
Utilities	$506	$780	$534	$536	$594		$0		$0		$0		$0		$0		$0	$0	$2,949	
Property Appraiser	$0	$0	$1,989	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,989	
Insurance- Property	$125	$125	$125	$125	$125		$0		$0		$0		$0		$0		$0	$0	$625	
Repairs	$3,081	$837	$1,593	$1,696	$690		$0		$0		$0		$0		$0		$0	$0	$7,898	
Fuel	$1,442	$531	$511	$158	$1,837		$0		$0		$0		$0		$0		$0	$0	$4,479	
Park Maintenance	$0	$0	$480	$0	$280		$0		$0		$0		$0		$0		$0	$0	$760	
Sidewalk Repair	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Chemicals	$0	$0	$0	$759	$0		$0		$0		$0		$0		$0		$0	$0	$759	
Contingencies	$215	$0	$935	$3,013	$592		$0		$0		$0		$0		$0		$0	$0	$4,755	
Refuse	$480	$240	$240	$240	$960		$0		$0		$0		$0		$0		$0	$0	$2,160	
Office Supplies	$512	$212	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$723	
Uniforms	$199	$247	$245	$196	$196		$0		$0		$0		$0		$0		$0	$0	$1,084	
Fire Alarm System	$512	$588	$512	$512	$512		$0		$0		$0		$0		$0		$0	$0	$2,635	
Rain Bird Pump System	$2,298	$2,298	$2,528	$2,298	$2,298		$0		$0		$0		$0		$0		$0	$0	$11,722	
Total Grounds Maintenance	$23,190	$21,762	$24,450	$24,829	$21,574		$0		$0		$0		$0		$0		$0	$0	$115,804	
																				
Total Expenditures	$76,391	$100,571	$70,072	$62,842	$57,395		$0		$0		$0		$0		$0		$0	$0	$367,271	
																				
Operating Income (Loss)	($71,701)	$100,912	$437,739	($20,105)	($45,324)		$0		$0		$0		$0		$0		$0	$0	$401,521	

Non Operating Revenues/(Expenditures)
Reserve Funding- Transfer Out (Capital Reserve)	

$0	

$0	

$0	

$0	

$0		

$0		

$0		

$0		

$0		

$0		

$0	

$0	

$0	
Reserve Funding- Transfer Out (Excess)	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Non Operating Revenues/Expenditures	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
																				
Excess Revenue/(Expenditures)	($71,701)	$100,912	$437,739	($20,105)	($45,324)		$0		$0		$0		$0		$0		$0	$0	$401,521	

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

Number of Rounds
Paid Rounds	

3,263	

2,946	

3,532	

3,840	

3,564	

0		

0	

0	

0		

0	0	

0	

17,145	
Member Rounds	701	666	816	1,012	836	0		0	0	0		0	0	580	4,611	
Comp Rounds	237	152	234	239	182	0		0	0	0		0	0	0	1,044	
EZ Links	0	0	0	0	0	0		0	0	0		0	0	0	-	
GolfNow
Revenue per Round
Paid Rounds	285

$33	256

$37	293

$37	313

$43	250

$45	0

$0		0

$0	0

$0	0

$0		0	0

$0	$0	0

$0	1,397

$195	
Revenues:
Greens Fees	
$107,375	
$107,634	
$130,099	
$165,174	
$161,835	
$0		
$0	
$0	
$0		
$0	$0	
$0	
$672,118	
Gift Cards - Sales	$458	$636	$3,462	$433	$398	$0		$0	$0	$0		$0	$0	$0	$5,386	
Gift Cards - Usage	($803)	($482)	($2,812)	($3,031)	($1,817)	$0		$0	$0	$0		$0	$0	$0	($8,946)	
Season Advance/Trail Fees	$18,051	$20,606	$22,572	$21,363	$21,645	$0		$0	$0	$0		$0	$0	$0	$104,237	
Associate Memberships	$3,950	$3,081	$4,661	$7,900	$5,767	$0		$0	$0	$0		$0	$0	$0	$25,359	
Driving Range	$5,963	$6,015	$8,358	$8,857	$7,544	$0		$0	$0	$0		$0	$0	$0	$36,737	
Golf Lessons	$175	$175	$175	$175	$175	$0		$0	$0	$0		$0	$0	$0	$875	
Merchandise Sales	$9,238	$9,725	$10,462	$8,683	$9,199	$0		$0	$0	$0		$0	$0	$0	$47,306	
Restaurant	$2,359	$3,141	$4,837	$3,029	$2,377	$0		$0	$0	$0		$0	$0	$0	$15,743	
Special Assessments - Operations	$1,519	$1,519	$1,519	$1,519	$1,519	$0		$0	$0	$0		$0	$0	$0	$7,597	
Miscellaneous Income	$2,867	$145	$189	$95	$105	$0		$0	$0	$0		$0	$0	$0	$3,401	
Total Revenues	$151,152	$152,194	$183,522	$214,197	$208,747	$0		$0	$0	$0		$0	$0	$0	$909,812	

Golf Course Expenditures:
Other Contractual Services	

$710	

$1,035	

$1,035	

$1,635	

$1,847	

$0		

$0	

$0	

$0		

$0	$0	

$0	

$6,262	
Telephone/Internet	$106	$106	$106	$106	$106	$0		$0	$0	$0		$0	$0	$0	$530	
Postage	$0	$41	$1,495	$0	$0	$0		$0	$0	$0		$0	$0	$0	$1,536	
Printing & Binding	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Utilities	$1,217	$1,288	$1,201	$1,262	$1,262	$0		$0	$0	$0		$0	$0	$0	$6,230	
Repairs & Maintenance	$419	$250	$0	$1,661	$2,596	$0		$0	$0	$0		$0	$0	$0	$4,926	
Advertising	($350)	$2,099	$4,117	$665	$1,364	$0		$0	$0	$0		$0	$0	$0	$7,894	
Bank Charges	$2,332	$3,112	$3,184	$3,636	$4,992	$0		$0	$0	$0		$0	$0	$0	$17,255	
Office Supplies	$78	$327	$115	$19	$263	$0		$0	$0	$0		$0	$0	$0	$802	
Operating Supplies	$442	$345	$566	$822	$110	$0		$0	$0	$0		$0	$0	$0	$2,285	
Dues, Licenses & Subscriptions	$180	$0	$293	$0	$943	$0		$0	$0	$0		$0	$0	$0	$1,416	
Drug Testing - All Departments	$0	$0	$49	$49	$0	$0		$0	$0	$0		$0	$0	$0	$97	
Training, Education & Employee Relations	$51	$381	$0	$0	$675	$0		$0	$0	$0		$0	$0	$0	$1,107	
Contractual Security	$482	$519	$662	$197	$196	$0		$0	$0	$0		$0	$0	$0	$2,057	
IT Services	$0	$435	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$435	
Total Golf Course Expenditures	$5,667	$9,938	$12,822	$10,052	$14,353	$0		$0	$0	$0		$0	$0	$0	$52,831	

Restaurant Expenditures:															
Pest Control	$95	$95	$95	$95	$95	$0		$0	$0	$0		$0	$0	$0	$476	
Equipment Lease	$100	$147	$100	$100	$99	$0		$0	$0	$0		$0	$0	$0	$545	
Total Restaurant Expenditures	$195	$242	$195	$195	$194	$0		$0	$0	$0		$0	$0	$0	$1,021	

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

Golf Operations:
Salaries	

$16,087	

$18,232	

$16,814	

$17,038	

$15,326	

$0		

$0	

$0	

$0		

$0	$0	

$0	

$83,497	
Administrative Fee	$1,586	$1,816	$1,511	$1,434	$1,193	$0		$0	$0	$0		$0	$0	$0	$7,540	
FICA Expense	$1,231	$1,395	$1,286	$1,304	$1,172	$0		$0	$0	$0		$0	$0	$0	$6,388	
Health Insurance	$43	$43	$33	$0	$33	$0		$0	$0	$0		$0	$0	$0	$152	
Workers Compensation	$439	$498	$459	$465	$419	$0		$0	$0	$0		$0	$0	$0	$2,280	
Unemployment	$521	$515	$569	$1,022	$920	$0		$0	$0	$0		$0	$0	$0	$3,546	
Golf Printing	$0	$0	$1,200	$0	$0	$0		$0	$0	$0		$0	$0	$0	$1,200	
Utilities	$1,686	$1,629	$1,517	$1,655	$1,586	$0		$0	$0	$0		$0	$0	$0	$8,074	
Repairs	$0	$0	$0	$355	$0	$0		$0	$0	$0		$0	$0	$0	$355	
Pest Control	$95	$95	$95	$95	$95	$0		$0	$0	$0		$0	$0	$0	$476	
Supplies	$1,410	$1,019	$876	$1,205	$719	$0		$0	$0	$0		$0	$0	$0	$5,229	
Uniforms	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Training, Education & Employee Relations	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Fuel	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Cart Lease	$7,683	$7,179	$7,776	$8,573	$7,971	$0		$0	$0	$0		$0	$0	$0	$39,182	
Cart Maintenance	$251	$272	$1,275	$604	$711	$0		$0	$0	$0		$0	$0	$0	$3,112	
Driving Range	$32	$0	$733	$556	$227	$0		$0	$0	$0		$0	$0	$0	$1,548	
Total Golf Operation Expenditures	$31,062	$32,692	$34,144	$34,307	$30,372	$0		$0	$0	$0		$0	$0	$0	$162,577	

Merchandise Sales:															
Cost of Goods Sold	$6,482	$4,241	$8,630	$7,219	$3,007	$0		$0	$0	$0		$0	$0	$0	$29,579	
Total Merchandise Sales	$6,482	$4,241	$8,630	$7,219	$3,007	$0		$0	$0	$0		$0	$0	$0	$29,579	

Golf Course Maintenance:
Salaries	

$32,200	

$38,863	

$31,368	

$38,115	

$26,216	

$0		

$0	

$0	

$0		

$0	$0	

$0	

$166,762	
Administrative Fees	$852	$1,035	$822	$1,037	$815	$0		$0	$0	$0		$0	$0	$0	$4,561	
FICA Expense	$2,400	$2,819	$2,279	$2,776	$1,901	$0		$0	$0	$0		$0	$0	$0	$12,176	
Employee Insurance	$6,053	$3,786	$2,834	$3,671	$1,751	$0		$0	$0	$0		$0	$0	$0	$18,095	
Workers Compensation	$877	$1,061	$856	$1,039	$714	$0		$0	$0	$0		$0	$0	$0	$4,548	
Unemployment	$0	$0	$334	$2,177	$1,454	$0		$0	$0	$0		$0	$0	$0	$3,966	
Consulting Fees	$500	$500	$500	$500	$0	$0		$0	$0	$0		$0	$0	$0	$2,000	
Fire Alarm System	$512	$0	$45	$0	$0	$0		$0	$0	$0		$0	$0	$0	$557	
Utilities/Water	$2,072	$2,322	$1,885	$2,066	$2,301	$0		$0	$0	$0		$0	$0	$0	$10,646	
Repairs	$4,341	$7,770	$817	$6,763	$1,613	$0		$0	$0	$0		$0	$0	$0	$21,305	
Fuel & Oil	$2,720	$1,078	$1,038	$320	$3,513	$0		$0	$0	$0		$0	$0	$0	$8,669	
Pest Control	$88	$88	$88	$88	$88	$0		$0	$0	$0		$0	$0	$0	$438	
Irrigation/Drainage	$1,150	$1,525	$1,527	$736	$736	$0		$0	$0	$0		$0	$0	$0	$5,674	
Sand and Topsoil	$321	$321	$0	$641	$0	$0		$0	$0	$0		$0	$0	$0	$1,284	
Flower/Mulch	$296	$0	$337	$1,496	$296	$0		$0	$0	$0		$0	$0	$0	$2,426	
Fertilizer	$7,254	$3,173	$3,618	$2,497	$2,360	$0		$0	$0	$0		$0	$0	$0	$18,902	
Seed/Sod	$0	$1,681	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$1,681	
Trash Removal	$240	$402	$0	$201	$402	$0		$0	$0	$0		$0	$0	$0	$1,244	
Contingency	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
First Aid	$0	$71	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$71	
Office Supplies	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Operating Supplies	$743	$1,487	$144	$0	$485	$0		$0	$0	$0		$0	$0	$0	$2,859	
Training	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Janitorial Supplies	$17	$155	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$172	
Soil & Water Testing	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Uniforms	$592	$797	$777	$622	$622	$0		$0	$0	$0		$0	$0	$0	$3,410	
Equipment Rental	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Equipment Lease	$12,688	$11,952	$13,484	$9,219	$13,229	$0		$0	$0	$0		$0	$0	$0	$60,572	
Small Tools	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Total Golf Course Maintenance	$75,915	$80,884	$62,755	$73,966	$58,497	$0		$0	$0	$0		$0	$0	$0	$352,018	

Viera East Golf Course Month to Month

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

Administrative Expenditures:
Legal Fees	

$0	

$0	

$0	

$0	

$0	

$0		

$0	

$0	

$0		

$0	$0	

$0	

$0	
Arbitrage	$20	$20	$20	$20	$20	$0		$0	$0	$0		$0	$0	$0	$100	
Dissemination	$83	$83	$83	$83	$83	$0		$0	$0	$0		$0	$0	$0	$417	
Trustee Fees	$342	$342	$342	$342	$342	$0		$0	$0	$0		$0	$0	$0	$1,708	
Annual Audit	$125	$125	$125	$125	$125	$0		$0	$0	$0		$0	$0	$0	$625	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$0		$0	$0	$0		$0	$0	$0	$23,450	
Insurance	$6,127	$6,127	$6,127	$6,365	$6,127	$0		$0	$0	$0		$0	$0	$0	$30,875	
Property Taxes	$1,250	$1,250	$1,126	$1,757	$1,621	$0		$0	$0	$0		$0	$0	$0	$7,004	
Total Administrative Expenditures	$12,637	$12,637	$12,514	$13,382	$13,009	$0		$0	$0	$0		$0	$0	$0	$64,180	
															
Total Revenues	$151,152	$152,194	$183,522	$214,197	$208,747	$0		$0	$0	$0		$0	$0	$0	$909,812	
															
Total Expenditures	$131,958	$140,634	$131,059	$139,121	$119,433	$0		$0	$0	$0		$0	$0	$0	$662,206	
															
Operating Income (Loss)	$19,193	$11,560	$52,463	$75,076	$89,314	$0		$0	$0	$0		$0	$0	$0	$247,606	

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

$46,688	

$46,688	

$46,688	

$46,688	

$46,688	

$0		

$0	

$0	

$0		

$0	$0	

$0	

$233,438	
Interest Income	$1	$0	$1	$1	$1	$0		$0	$0	$0		$0	$0	$0	$5	
Gain on Sale of Asset	$45	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$45	
Reserve Funding- Transfer Out (Capital Reserve)	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Interest Expense	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	$0		$0	$0	$0		$0	$0	$0	($58,510)	
Principal Expense	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	$0		$0	$0	$0		$0	$0	$0	($177,083)	
Total Non Operating  Revenues/(Expenditures)	($385)	($431)	($430)	($430)	($430)	$0		$0	$0	$0		$0	$0	$0	($2,106)	
															
Net Non Operating Income / (Loss)	$18,808	$11,129	$52,033	$74,646	$88,883	$0		$0	$0	$0		$0	$0	$0	$245,500	

Viera East
Community Development District

ProShop
Statement of Revenues & Expenditures

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

Revenues

Merchandise Sales	

$9,238	

$9,725	

$10,462	

$8,683	

$9,199	

$0	

$0	

$0		

$0	

$0	

$0	

$0	

$47,306	
Total Revenues	$9,238	$9,725	$10,462	$8,683	$9,199	$0	$0	$0		$0	$0	$0	$0	$47,306	

Expenditures															
Cost of Goods Sold	$6,482	$4,241	$8,630	$7,219	$3,007	$0	$0	$0		$0	$0	$0	$0	$29,579	
Total Expenditures	$6,482	$4,241	$8,630	$7,219	$3,007	$0	$0	$0		$0	$0	$0	$0	$29,579	
															
Operating Income (Loss)	$2,756	$5,484	$1,832	$1,464	$6,191	$0	$0	$0		$0	$0	$0	$0	$17,727	

Page 19

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 Outstanding	$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% to 5%	
Maturity Date:	5/1/2026	
Reserve Fund Definition:	50% Max Annual Dept	
Reserve Fund Requirement:	$279,239	
Reserve Fund Balance:	$280,132	
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 Outstanding	$2,895,000	

Series 2020 Special Assessment Revenue Bonds	
Interest Rate: Maturity Date:
Reserve Fund Definition:
Reserve Fund Requirement:		2% to 2.75%
5/1/1938
50% Max Annual Dept
$234,591	
Reserve Fund Balance:		$234,598	
Bonds outstanding - 7/10/20		$7,685,000	
Current Bonds Outstanding		$7,685,000	

Page 20		

Viera East
Community Development District
Special Assessment Receipts - FY2021

Date	Net	Gen Fund	Debt Svc 2006	Rec Fund	Total	

11/13/19	$	72,600.70	$	15,592.25	$	45,847.31	$	11,161.14	$	72,600.70	
11/20/20	$	843,706.63	$	181,200.57	$	532,800.40	$	129,705.66	$ 843,706.63	
12/4/20	$	1,899,535.57	$	407,958.07	$	1,199,555.95	$	292,021.55	$1,899,535.57	
12/16/20	$	443,096.08	$	95,162.54	$	279,815.00	$	68,118.54	$ 443,096.08	
1/12/21	$	177,142.96	$	38,044.51	$	111,865.71	$	27,232.74	$ 177,142.96	
2/9/21	$	34,365	$	7,380	$	21,701	$	5,283	$	34,364.84	

						
	$	3,470,447	$	745,338	$	2,191,586	$	533,523	$	3,470,447	

	Net
Assessed	
Percentage	Assessments
Collected	Assessments
Transferred	Balance to
Transfer	
						
Debt Service Fund	$	2,376,297	63.15%	$	2,191,586	$	(2,058,019)	$	133,567	
General Fund	$	808,157	21.48%	$	745,338	$	(745,338)	$	-	
Recreation Fund	$	578,489	15.37%	$	533,523	$	(501,007)	$	32,516	
						
	$	3,762,943	100.00%	$	3,470,447	$	(3,304,364)	$	166,083	

Percentage Collected	92.23%

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

Actuals
2/28/20	Actuals
2/28/21	
Variance		Year to Date
2/28/20	Year to Date
2/28/21	
Variance	

Revenues:
Greens Fees	

$	170,915	

$	161,835	

$	(9,081)	

$	578,730	

$	672,118	

$	93,387	
Gift Cards - Sales	$	893	$	398	$	(495)	$	4,173	$	5,386	$	1,212	
Gift Cards - Usage	$	(1,833)	$	(1,817)	$	16	$	(7,020)	$	(8,946)	$	(1,925)	
Season Advance/Trail Fees	$	19,337	$	21,645	$	2,308	$	89,979	$	104,237	$	14,258	
Associate Memberships	$	3,555	$	5,767	$	2,212	$	21,567	$	25,359	$	3,792	
Driving Range	$	8,168	$	7,544	$	(623)	$	29,439	$	36,737	$	7,299	
Golf Lessons	$	175	$	175	$	-	$	875	$	875	$	-	
Merchandise Sales	$	12,097		$	9,199		$	(2,899)		$	46,349		$	47,306		$	957	
Restaurant	$	3,507		$	2,377		$	(1,130)		$	11,407		$	15,743		$	4,336	
Special Assessments - Operations	$	1,877		$	1,519		$	(358)		$	9,386		$	7,597		$	(1,790)	
Miscellaneous Income	   $	3,362 		   $	105 		   $	(3,256) 		   $	10,307 		   $	3,401 		   $	(6,906) 	
Total Revenues	   $	222,053 		   $	208,747 		   $	(13,306) 		   $	795,192 		   $	909,812 		   $	114,621 	
Expenditures:
Golf Course Expenditures	
$	14,215		
$	14,353		
$	(138)		
$	61,146		
$	52,831		
$	8,315	
Restaurant	$	193		$	194		$	(2)		$	964		$	1,021		$	(56)	
Golf Operations	$	33,377		$	30,372		$	3,005		$	158,373		$	162,577		$	(4,205)	
Merchandise Sales	$	6,389		$	3,007		$	3,381		$	29,911		$	29,579		$	332	
Golf Course Maintenance	$	85,146		$	58,497		$	26,649		$	407,689		$	352,018		$	55,671	
Administrative	   $	12,325 		   $	13,009 		   $	(684) 		   $	60,948 		   $	64,180 		   $	(3,231) 	
Total Expenditures	   $	151,645 		   $	119,433 		   $	32,212 		   $	719,032 		   $	662,206 		   $	56,825 	
Operating Income/(Loss)	   $	70,408 		   $	89,314 		   $	18,906 		   $	76,160 		   $	247,606 		   $	171,446 	

October	November	December	January	February	

$ 89,060	$ 108,253	$ 118,309	$ 170,772	$ 245,848	

$ 335,162	$ 392,888	$ 482,289	$ 519,979	$	522,684	$ 513,037	$	476,675	

$ 151,152	$ 150,690	$ 183,522	$ 214,197	$ 208,747	
$ 148,793	$ 147,549	$ 178,685	$ 211,169	$ 206,369	
$	2,359	$	3,141	$	4,837	$	3,029	$	2,377	

$ 240,212	$ 258,943	$ 301,831	$ 384,970	$ 454,595	

$ 131,958	$ 140,634	$ 131,059	$ 139,121	$ 119,433	
$ 131,764	$ 140,392	$ 130,864	$ 138,927	$ 119,239	
$	195	$	242	$	195	$	195	$	194	

$ 108,253	$ 118,309	$ 170,772	$ 245,848	$ 335,162	

$ 392,888	$ 482,289	$ 519,979	$ 522,684	$	513,037	$ 476,675	$	453,479	

Viera East Cash Flow Analysis  FY 2021

I. Cash Flows:	Actuals			Projections	
	March	April	May	June	July	August	September	Totals	
Starting Funds
Carry Forward
Revenues	
Golf Course
Course Operations
Restaurant	$ 218,166	$ 249,879	$ 198,106	$ 162,953	$	150,727	$ 123,980	$	137,162	$ 2,149,281	
	$ 215,898	$ 247,279	$ 196,048	$ 161,263	$	149,165	$ 122,698	$	135,742	$ 2,120,658	
	$	2,268	$	2,600	$	2,058	$	1,690	$	1,562	$	1,282	$	1,420	$	28,623	
		
Total All Cash	$ 553,328	$ 642,767	$ 680,395	$ 682,933	$	673,411	$ 637,017	$	613,837	$ 2,149,281	

Expenses	
Golf Course
Course Operations
Restaurant	$ 160,440	$ 160,478	$ 160,416	$ 160,248	$	160,374	$ 160,342	$	160,358	$ 1,784,862	
	$ 160,179	$ 160,179	$ 160,179	$ 160,054	$	160,194	$ 160,194	$	160,194	$ 1,782,360	
	$	261	$	299	$	237	$	194	$	180	$	147	$	163	$	2,502	

Cash Less Expenses							
					Projected Revenues FY 2021	$ 2,149,281	
					Projected Expenses FY 2021	$ 1,784,862	
					Projected Surplus(Deficit) FY 2021	$	364,419