Viera East
Community Development District

Unaudited Financial Reporting
June 30, 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 June 30, 2021

Governmental Fund Types

 Golf 

Totals

Assets

General	Capital Reserve	Debt Service Capital Projects

Course/Recreation (memorandum only) 

Operating Account	$468,013	$74,049	----	----	$750,819	$1,292,881
Accounts Receivable	----	----	----	----	$1,721	$1,721
Rent Receivable	----	----	----	----	$2,439	$2,439
Due From Golf Course	$57,018	$2,973	----	----	----	$59,991
Due From General Fund	----	$115	$24,831	----	$82,650	$107,596
Due From Capital Reserve		$209	----	----	----		$7,552		$7,762 Due from Debt Service	$11,030	----	----	----	$22,922	$33,953 Due from Other			----	----	----	----		$2,881		$2,881
Due from Capital Projects	----	$72,153	----	----	$750	$72,903
Inventory - Pro Shop	----	----	----	----	$34,634	$34,634 Investments:
State Board	----	$103,130	----	----	----	$103,130
Benefit Assessment- Series 2012	----	----	----	----	$4,118	$4,118
Reserve - Series 2012	----	----	----	----	$9	$9
Bond Service- Series 2012	----	----	----	----	$280,128	$280,128
Bond Service- Series 2006	----	----	$467,417	----	----	$467,417
Reserve- Series 2020	----	----	$234,602	----	----	$234,602
Temporary Interest Series 2020	----	----	$270,939	----	----	$270,939
Project- Series 2020	----	----	----	$4,882,112	----	$4,882,112
Improvements (Net of Depreciation)	----	----	----	----	$1,130,855	$1,130,855

Total Assets	$541,473	$252,420	$997,788	$4,882,112	$2,541,265	$9,215,058

Prepaid Expenses- Debt		----	----	----	----	$141,667	$141,667 Prepaid Expenses- Operations	$5,202	----	----	----		$78,120		$83,322
Liabilities
Accounts Payable	$11,797	$1,405	----	----	$22,786	$35,988
Accrued Expenses	$3,409	----	----	----	$11,936	$15,344
Deferred  Revenue- Season Advance	----	----	----	----	$78,164	$78,164 Deferred  Revenue- Special Assessments O&M	----	----	----	----		$4,558		$4,558
Deferred Revenue- Special Assessments Debt	----	----	----	----	$163,699	$163,699 Deposit-Divots Grill	----	----	----	----		$2,000		$2,000
Due to General Fund	----	$209	$11,030	----	$57,018	$68,258
Accrued Interest Payable	----	----	----	----	$65,662	$65,662
Sales Tax Payable	----	----	----	----	$14,234	$14,234
Event Deposits	----	----	----	----	($2,009)	($2,009)
Due to Golf Course	$82,650	$7,552	$22,922	----	----	$113,125
Due to Debt Service	$24,831	----	----	----	----	$24,831
Due to Capital Reserve	$115	----	----	$72,153	$2,973	$75,241
Accrued Payroll Payable	$6,640	----	----	----		$14,431		$21,071 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	----	----	----	----	($614,341)	($614,341)
Fund Balances
Assigned - First Quarter	$176,000	----	----	----	----	$176,000
Nonspendable - Prepaid Expense	$5,202	----	----	----	----	$5,202
Unassigned	$230,828	----	----	----	----	$230,828
Assigned- Capital Reserve Fund	----	$243,254	----	----	----	$243,254
Restricted for Capital Projects	----	----	----	$4,809,959	----	$4,809,959

Total Liabilities, Fund Equity, Other	$541,473	$252,420	$997,788	$4,882,112	$2,541,265	$9,215,058

Restricted for Debt Service	----	----	$963,836	----	----	$963,836

Page 1

Revenues		
Maintenance Assessments	$808,157	$808,157	$808,157	$0	
Golf Course Administrative Services	$56,280	$42,210	$42,210	$0	
Donations for Park Material	$0	$0	$2,000	$2,000	
Interest Income	$100	$75	$4	($71)	
Total Revenues	$864,536	$850,441	$852,371	$1,930	

Administrative Expenditures					
Supervisors Fees	$30,496	$22,872	$23,141	($269)	
Engineering Fees	$5,000	$3,750	$1,815	$1,935	
Attorney's Fees	$5,000	$3,750	$8,446	($4,696)	
Dissemination	$1,000	$750	$750	$0	
Trustee Fees	$5,600	$4,200	$5,071	($871)	
Annual Audit	$6,500	$4,875	$2,475	$2,400	
Collection Agent	$2,500	$1,875	$1,875	($0)	
Management Fees	$100,440	$75,330	$75,330	$0	
Postage	$1,500	$1,125	$2,088	($963)	
Printing & Binding	$2,500	$1,875	$1,032	$843	
Insurance- Liability	$7,475	$5,606	$6,692	($1,085)	
Legal Advertising	$1,500	$1,125	$2,037	($912)	
Other Current Charges	$1,500	$1,125	$335	$790	
Office Supplies	$1,500	$1,125	$122	$1,003	
Dues & Licenses	$175	$131	$131	($0)	
Information Technology	$3,400	$2,550	$2,550	$0	
Total Administrative	$176,086	$132,065	$133,891	($1,826)	

Operating Expenditures		
Salaries	$149,299	$111,974	$108,932	$3,042	
Administrative Fee	$1,659	$1,244	$1,636	($392)	
FICA Expense	$11,421	$8,566	$6,907	$1,658	
Employee Insurance	$16,914	$12,686	$11,862	$824	
Workers Compensation	$2,926	$2,195	$2,877	($683)	
Unemployment	$853	$640	$992	($353)	
Other Contractual	$7,500	$5,625	$6,119	($494)	
Training	$500	$375	$0	$375	
Uniforms	$500	$375	$0	$375	
Total Operating	$191,572	$143,679	$139,325	$4,354	

Maintenance Expenditures					
Canal Maintenance	$14,000	$10,500	$0	$10,500	
Lake Bank Restoration	$60,000	$60,000	$57,000	$3,000	
Environmental Services	$20,000	$15,000	$2,812	$12,188	
Water Management System	$99,000	$74,250	$80,995	($6,745)	
Control Burns	$15,000	$11,250	$2,790	$8,460	
Contingencies	$2,000	$1,500	$0	$1,500	
Fire Line Maintenance	$3,000	$2,250	$800	$1,450	
Basin Repair	$4,000	$3,000	$0	$3,000	
Total Maintenance	$217,000	$177,750	$144,397	$33,353	

Grounds Maintenance Expenditures		
Salaries	$140,787	$105,590	$98,045	$7,545	
Administrative Fees	$3,684	$2,763	$2,512	$251	
FICA	$10,770	$8,078	$7,226	$852	
Health Insurance	$18,818	$14,114	$12,371	$1,742	
Workers Compensation	$2,759	$2,069	$2,559	($490)	
Unemployment	$2,120	$1,590	$1,740	($150)	
Telephone	$6,250	$4,688	$5,125	($438)	
Utilities	$5,500	$4,125	$5,387	($1,262)	
Property Appraiser	$1,990	$1,990	$1,989	$2	
Insurance	$1,663	$1,247	$1,124	$123	
Repairs	$15,000	$11,250	$15,748	($4,498)	
Fuel	$10,000	$7,500	$8,658	($1,158)	
Park Maintenance	$2,500	$1,875	$3,550	($1,675)	
Sidewalk Maintenance	$5,000	$3,750	$0	$3,750	
Chemicals	$4,000	$3,000	$1,641	$1,359	
Contingencies	$4,000	$4,000	$6,244	($2,244)	
Refuse	$6,000	$4,500	$3,600	$900	
Office Supplies	$750	$750	$765	($15)	
Uniforms	$3,000	$2,250	$1,868	$382	
Fire Alarm System	$6,500	$4,875	$5,781	($906)	
Rain Bird Pump System	$27,576	$20,682	$21,146	($464)	
Park Materials	$0	$0	$2,347	($2,347)	
Total Grounds Maintenance	$278,667	$210,685	$209,426	$1,259	
					
Total Expenditures	$863,325	$664,179	$627,039	$37,140	
					
Operating Income (Loss)	$1,211	$186,262	$225,332	$39,070	

Non Operating Revenues/(Expenditures)					
Reserve Funding- Transfer Out (Capital Reserve)	($1,211)	($634)	($634)	$0	
Reserve Funding- Transfer Out (Excess)	$0	$0	$0	$0	
Total Non Operating  Revenues/(Expenditures)	($1,211)	($634)	($634)	$0	
					
Excess Revenue/(Expenditures)	($0)	$185,628	$224,697	$39,070	
					
Beginning Fund Balance	$0		$187,333		
					
Ending Fund Balance	$0		$412,030		

Capital Reserve Fund Statement of Revenues & Expenditures
For Period Ending June 30, 2021

Variance

Actual
6/30/21

Prorated Budget
6/30/21

Adopted
Budget

Revenues

Interest Income	$2,500	$1,875	$110	($1,765)	
Reserve Funding - Transfer In (General)	$1,211	$634	$634	$0	
Reserve Funding - Transfer In (Golf)	$31,219	$16,353	$16,353	$0	
Reserve Funding - Transfer In (General Excess)	$0	$0	$0	$0	
Total Revenues	$34,930	$18,862	$17,097	($1,765)	

Expenditures					
Capital Outlay	$100,000	$72,821	$72,821	$0	
Truck Maintenance	$25,000	$0	$0	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$72,821	$72,821	$0	
					
Excess Revenues/(Expenditures)	($90,070)		($55,724)		
					
Beginning Fund Balance	$229,102		$298,978		
					
Ending Fund Balance	$139,032		$243,254		

Viera East Community Development District
Capital Reserve Fund Capital Outlay Check Register Detail
For Period Ending June 30, 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	
3/25/21	Laceys Lock Services	Bollard Project	$	288.50	
3/29/21	Landscape Depot	Playground Project	$	4,853.14	
4/1/21	Rob Dale	Playground Caution Signs	$	47.60	
2/26/21	Gary Yeomans Palms Bay	Ford Truck	$	51,797.85	
3/29/21	Regions Bank	Vision Metalizers	$	428.64	
4/1/21	Lowes	Bollard Project	$	193.24	
4/8/21	ABC Contrete Cutting Inc	Bollard Project	$	1,292.65	
5/19/21	Uline	Message Ctr Sign	$	750.00	
5/19/21	Amazon	Playground Supplies	$	169.85	
7/1/21	Change of Greenery	Planting Litoral Shelf	$	1,405.00	
Total	   $	72,821.28 	

Community Development District
Debt Service Fund Series 2006 Statement of Revenues & Expenditures For Period Ending June 30, 2021

	Adopted	Prorated Budget	Actual
Budget	6/30/21	6/30/21	Variance	
Revenues				
Special Assessments	$2,376,297	$2,376,297	$2,376,297	$0	
Interest Income	$1,500	$1,125	$48	($1,077)	
Total Revenues	$2,377,797	$2,377,422	$2,376,345	($1,077)	

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

Excess Revenues/(Expenditures)	($15,491)	($16,943)	
			
Beginning Fund Balance	$522,357	$475,238	
			
Ending Fund Balance	$506,866	$458,295	

Debt Service Fund Series 2020 Statement of Revenues & Expenditures For Period Ending June 30, 2021

Variance

Actual
6/30/21

Prorated Budget
6/30/21

Adopted
Budget

Revenues

Interest Income	$1,000	$750	$22	($728)	
Total Revenues	$1,000	$750	$22	($728)	

Expenditures				
Series 2020 Interest-11/1	
$52,679	
$52,679	
$52,679	$0	
Interest-5/1	$90,308	$90,308	$90,308	$0	
Total Expenditures	$142,987	$142,987	$142,987	$0	
					
Excess Revenues/(Expenditures)	($141,987)		($142,965)		
					
Beginning Fund Balance	$648,505		$648,505		
					
Ending Fund Balance	$506,518		$505,540		

Capital Projects Fund Series 2020 Statement of Revenues & Expenditures For Period Ending June 30, 2021

Actual
6/30/21

Revenues

Interest Income	$202

$202

Total Revenues

Expenditures

Capital Outlay	$1,279,794
Cost of Issuance	$0

$1,279,794

Total Expenditures

($1,279,592)

Excess Revenues/(Expenditures)

$6,089,551

Beginning Fund Balance

$4,809,959

Ending Fund Balance

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

Number of Rounds
Paid Rounds	
35,250	
4,970	
2,753	
2,217	
35,494	
28,708	
6,786	
Member Rounds	10,000	779	781	(2)	8,052	8,144	(92)	
Comp Rounds	3,000	132	234	(102)	1,639	2,443	(804)	
EZ Links	3,000	0	234	(234)	-	2,376	(2,376)	
GolfNow	2,000	278	156	122	2,545	1,629	916	
Total Memberships	60	2	-	2	65	60	5	
Revenue per Round								
Paid Rounds	$40	$25	$35	($10)	$37	$41	($5)	
Revenues								
Greens Fees/Cart Fees	$1,426,357	$126,214	$97,705	$28,509	$1,302,772	$1,183,163	$119,609	
Gift Cards - Sales	$25,000	$706	$1,713	($1,007)	$8,582	$20,738	($12,155)	
Gift Cards - Usage	($25,000)	($1,544)	($1,713)	$169	($16,511)	($20,738)	$4,227	
Season Advance/Trail Fees	$210,000	$22,821	$14,385	$8,436	$180,464	$174,195	$6,269	
Associate Memberships	$42,000	$2,133	$2,877	($744)	$36,814	$34,839	$1,975	
Driving Range	$80,000	$7,869	$5,480	$2,389	$71,265	$66,360	$4,905	
Golf Lessons	$2,100	$175	$144	$31	$1,575	$1,742	($167)	
Merchandise Sales	$115,000	$10,858	$7,878	$2,980	$92,679	$95,393	($2,713)	
Restaurant	$20,000	$2,319	$1,370	$949	$28,864	$16,590	$12,274	
Special Assessments - Operations	$18,239	$1,519	$1,521	($2)	$13,674	$13,676	($2)	
Miscellaneous Income	$15,000	$2,520	$1,251	$1,269	$9,093	$11,247	($2,154)	
Total Revenues	$1,928,696	$175,590	$132,611	$42,979	$1,729,273	$1,597,204	$132,068	

Golf Course Expenditures								
Other Contractual Services	$15,000	$1,501	$1,251	($250)	$11,558	$11,247	($311)	
Telephone/Internet	$5,500	$106	$459	$353	$954	$4,124	$3,170	
Postage	$2,000	$0	$167	$167	$1,623	$1,500	($123)	
Printing & Binding	$1,000	$0	$83	$83	$0	$750	$750	
Utilities	$15,900	$1,053	$1,326	$273	$11,491	$11,922	$431	
Repairs & Maintenance	$8,000	$844	$667	($177)	$8,556	$5,998	($2,558)	
Advertising	$45,000	$1,240	$3,753	$2,513	$12,275	$33,741	$21,466	
Bank Charges	$35,000	$3,848	$2,919	($929)	$36,234	$26,243	($9,991)	
Office Supplies	$4,000	$362	$334	($29)	$1,980	$2,999	$1,019	
Operating Supplies	$5,000	$149	$417	$268	$3,131	$3,749	$618	
Dues, Licenses & Subscriptions	$8,000	$1,278	$667	($611)	$5,282	$5,998	$716	
Drug Testing - All Departments	$500	$0	$42	$42	$486	$375	($112)	
Training, Education & Employee Relations	$3,000	$18	$250	$232	$1,355	$2,249	$894	
Contractual Security	$3,000	$196	$250	$54	$3,398	$2,249	($1,148)	
IT Services	$3,000	$95	$250	$155	$2,367	$2,249	($118)	
Total Golf Course Expenditures	$153,900	$10,690	$12,835	$2,145	$100,689	$115,394	$14,705	

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

Restaurant Expenditures
Pest Control	
$1,200	
$95	
$94	
($1)	
$951	
$977	
$26	
Equipment Lease	$1,100	$99	$86	($13)	$968	$896	($72)	
Total Restaurant Expenditures	$2,300	$194	$180	($15)	$1,919	$1,873	($46)	

Golf Operation Expenditures								
Salaries	$210,900	$15,745	$17,574	$1,829	$153,047	$158,169	$5,122	
Administrative Fee	$19,957	$1,236	$1,663	$427	$12,745	$14,967	$2,222	
FICA Expense	$16,547	$1,204	$1,379	$174	$11,708	$12,410	$702	
Health Insurance	$707	$33	$59	$26	$293	$530	$237	
Workers Compensation	$4,239	$283	$353	$70	$4,001	$3,179	($822)	
Unemployment	$12,786	$464	$1,065	$601	$6,692	$9,589	$2,897	
Golf Printing	$2,200	$1,214	$183	($1,031)	$2,414	$1,650	($764)	
Utilities	$22,500	$1,673	$1,875	$202	$15,120	$16,875	$1,755	
Repairs	$250	$33	$21	($12)	$387	$188	($200)	
Pest Control	$1,200	$95	$100	$5	$951	$900	($51)	
Supplies	$10,000	$982	$833	($149)	$9,912	$7,500	($2,412)	
Uniforms	$1,500	$0	$125	$125	$0	$1,125	$1,125	
Training, Education & Employee Relations	$2,000	$0	$167	$167	$0	$1,500	$1,500	
Fuel	$500	$0	$42	$42	$0	$375	$375	
Cart Lease	$99,000	$7,179	$8,250	$1,071	$68,119	$74,250	$6,131	
Cart Maintenance	$4,000	$34	$333	$299	$4,970	$3,000	($1,970)	
Driving Range	$10,000	$0	$833	$833	$2,090	$7,500	$5,410	
Total Golf Operation Expenditures	$418,286	$30,176	$34,856	$4,680	$292,452	$313,707	$21,255	

Merchandise Sales								
Cost of Goods Sold	$77,000	$9,239	$6,417	($2,822)	$62,931	$57,750	($5,181)	
Total Merchandise Sales	$77,000	$9,239	$6,417	($2,822)	$62,931	$57,750	($5,181)	

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

Golf Course Maintenance
Salaries	
$452,632	
$32,206	
$37,719	
$5,513	
$298,344	
$339,474	
$41,130	
Administrative Fees	$11,919	$589	$993	$404	$7,903	$8,939	$1,036	
FICA Expense	$3,756	$2,354	$313	($2,041)	$21,869	$2,817	($19,052)	
Employee Insurance	$49,336	$2,517	$4,111	$1,594	$29,173	$37,002	$7,829	
Workers Compensation	$11,023	$580	$919	$339	$7,779	$8,267	$489	
Unemployment	$8,170	$67	$681	$613	$5,938	$6,128	$190	
Consulting Fees	$6,000	$0	$500	$500	$2,000	$4,500	$2,500	
Fire Alarm System	$4,000	$0	$333	$333	$557	$3,000	$2,443	
Utilities/Water	$26,200	$2,311	$2,183	($128)	$20,253	$19,650	($603)	
Repairs	$48,000	$2,278	$4,000	$1,722	$30,094	$36,000	$5,906	
Fuel & Oil	$40,000	$4,389	$3,333	($1,056)	$19,421	$30,000	$10,579	
Pest Control	$1,000	$88	$83	($4)	$877	$750	($127)	
Irrigation/Drainage	$30,000	$931	$2,500	$1,569	$8,780	$22,500	$13,720	
Sand and Topsoil	$26,500	$1,891	$2,208	$317	$6,375	$19,875	$13,500	
Flower/Mulch	$7,000	$0	$583	$583	$3,180	$5,250	$2,070	
Fertilizer	$139,000	$7,707	$11,583	$3,877	$47,896	$104,250	$56,354	
Seed/Sod	$16,500	$0	$1,375	$1,375	$1,681	$12,375	$10,694	
Trash Removal	$2,000	$201	$167	($34)	$1,846	$1,500	($346)	
Contingency	$6,000	$0	$500	$500	$1,579	$4,500	$2,921	
First Aid	$800	$199	$67	($132)	$432	$600	$168	
Office Supplies	$1,000	$0	$83	$83	$0	$750	$750	
Operating Supplies	$15,000	$1,210	$1,250	$40	$4,944	$11,250	$6,306	
Training	$1,000	$640	$83	($557)	$1,506	$750	($756)	
Janitorial Supplies	$1,000	$0	$83	$83	$473	$750	$277	
Soil & Water Testing	$1,000	$0	$83	$83	$0	$750	$750	
Uniforms	$8,500	$530	$708	$179	$5,953	$6,375	$422	
Equipment Rental	$2,000	$0	$167	$167	$95	$1,500	$1,405	
Equipment Lease	$165,000	$24,161	$13,750	($10,411)	$115,279	$123,750	$8,471	
Small Tools	$500	$0	$42	$42	$0	$375	$375	
Total Golf Course Maintenance	$1,084,836	$84,849	$90,403	$5,554	$644,226	$813,627	$169,401	

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

Administrative Expenditures
Legal Fees	
$1,500	
$0	
$125	
$125	
$0	
$1,125	
$1,125	
Arbitrage	$600	$32	$50	$18	$254	$450	$196	
Dissemination	$1,000	$83	$83	$0	$750	$750	$0	
Trustee Fees	$4,100	$339	$342	$2	$3,412	$3,075	($337)	
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	$77,000	$7,241	$6,417	($824)	$60,270	$57,750	($2,520)	
Property Taxes	$15,000	$1,621	$1,250	($371)	$15,300	$11,250	($4,050)	
Total Administrative Expenditures	$156,980	$14,132	$13,082	($1,050)	$123,321	$117,735	($5,586)	
								
Total Revenues	$1,928,696	$175,590	$132,611	$42,979	$1,729,273	$1,597,204	$132,068	
								
Total Expenditures	$1,893,302	$149,280	$157,773	$8,492	$1,225,539	$1,420,086	$194,547	
								
Operating Income (Loss)	$35,394	$26,309	($25,162)	$51,471	$503,734	$177,118	$326,616	
Non Operating Revenues/(Expenditures)								
Special Assessments	$560,250	$46,688	$46,688	($0)	$420,188	$420,188	($0)	
Interest Income	$1,000	$1	$83	($82)	$11	$750	($739)	
Gain on Sale of Asset	$0	$0	$0	$0	$45	$0	$45	
Reserve Funding- Transfer Out (Capital Reserve)	($31,219)	($2,973)	($2,602)	$372	($16,353)	($16,353)	$0	
Interest Expense	($140,425)	($11,702)	($11,702)	$0	($105,319)	($105,319)	$0	
Principal Expense	($425,000)	($35,417)	($35,417)	($0)	($318,750)	($318,750)	($0)	
Total Non Operating  Revenues/(Expenditures)	($35,394)	($3,403)	($2,950)	$289	($20,178)	($19,484)	($694)	
								
Change in Net Assets	$0	$22,906	($28,111)	$51,760	$483,556	$157,634	$325,922	
								
Beginning Net Assets	$0	----	----	----	($1,097,897)	----	----	
								
Ending Net Assets	$0	----	----	----	($614,341)	----	----	

	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	$7,988	$21,815	$24,571	$8,445		$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	
Donations for Park Material	$0	$0	$0	$0	$0	$1,000	$1,000	$0	$0		$0		$0	$0	$2,000	
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	$13,678	$27,505	$29,261	$13,135		$0		$0	$0	$852,371	

Administrative Expenditures																
Supervisors Fees	$2,678	$2,384	$2,900	$1,415	$2,328	$2,561	$3,841	$2,561	$2,473		$0		$0	$0	$23,141	
Engineering Fees	$0	$0	$475	$150	$0	$615	$150	$85	$340		$0		$0	$0	$1,815	
Attorney's Fees	$0	$0	$1,524	$0	$4,785	$580	$0	$1,558	$0		$0		$0	$0	$8,446	
Dissemination	$83	$83	$83	$83	$83	$83	$83	$83	$83		$0		$0	$0	$750	
Trustee Fees	$467	$467	$467	$467	$467	$467	$467	$1,040	$765		$0		$0	$0	$5,071	
Annual Audit	$275	$275	$275	$275	$275	$275	$275	$275	$275		$0		$0	$0	$2,475	
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	$364	$198	$138	$324	$52	$585	$35	$81	$311		$0		$0	$0	$2,088	
Printing & Binding	$206	$70	$125	$50	$212	$87	$121	$88	$74		$0		$0	$0	$1,032	
Insurance- Liability	$608	$608	$608	$1,358	$608	$1,075	$608	$608	$608		$0		$0	$0	$6,692	
Legal Advertising	$296	$0	$0	$271	$271	$0	$532	$667	$0		$0		$0	$0	$2,037	
Other Current Charges	$78	$29	$59	$17	$17	$49	$33	$39	$15		$0		$0	$0	$335	
Office Supplies	$20	$20	$20	$20	$0	$12	$10	$10	$10		$0		$0	$0	$122	
Dues & Licenses	$15	$15	$15	$15	$15	$15	$15	$15	$15		$0		$0	$0	$131	
Information Technology	$283	$283	$283	$283	$283	$283	$283	$283	$283		$0		$0	$0	$2,550	
Total Administrative	$13,953	$13,011	$15,550	$13,307	$17,974	$15,265	$15,031	$15,970	$13,831		$0		$0	$0	$133,891	

Operating Expenditures																
Salaries	$11,153	$13,540	$12,302	$12,301	$11,077	$11,947	$11,129	$13,551	$11,933		$0		$0	$0	$108,932	
Administration Fee	$556	$157	$143	$143	$129	$139	$129	$148	$91		$0		$0	$0	$1,636	
FICA Expense	$382	$928	$843	$845	$563	$788	$808	$931	$820		$0		$0	$0	$6,907	
Health Insurance	$1,281	$1,281	$1,281	$1,359	$1,319	$1,319	$1,319	$1,402	$1,299		$0		$0	$0	$11,862	
Workers Compensation	$305	$218	$336	$336	$500	$359	$304	$305	$215		$0		$0	$0	$2,877	
Unemployment	$0	$152	$191	$374	$100	$112	$63	$0	$0		$0		$0	$0	$992	
Other Contractual	$462	$1,225	$903	$462	$341	$462	$619	$803	$843		$0		$0	$0	$6,119	
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	$15,126	$14,371	$17,139	$15,200		$0		$0	$0	$139,325	

	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	$514	$387	$83	$430	$0	$0		$0		$0	$0	$2,812	
Water Management System	$7,887	$8,087	$13,107	$8,087	$7,833	$9,341	$7,887	$8,486	$10,278		$0		$0	$0	$80,995	
Control Burns	$0	$0	$0	$0	$652	$2,138	$0	$0	$0		$0		$0	$0	$2,790	
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	$9,401	$8,873	$11,562	$8,317	$8,486	$10,278		$0		$0	$0	$144,397	

Grounds Maintenance Expenditures																
Salaries	$10,364	$12,255	$11,279	$11,316	$9,888	$10,604	$9,665	$12,055	$10,620		$0		$0	$0	$98,045	
Administrative Fees	$288	$409	$318	$298	$241	$258	$241	$277	$182		$0		$0	$0	$2,512	
FICA	$780	$907	$832	$829	$723	$775	$723	$881	$776		$0		$0	$0	$7,226	
Health Insurance	$1,452	$1,428	$1,265	$1,344	$1,404	$1,357	$1,380	$1,391	$1,350		$0		$0	$0	$12,371	
Workers Compensation	$283	$335	$308	$309	$270	$290	$264	$310	$191		$0		$0	$0	$2,559	
Unemployment	$21	$25	$202	$650	$401	$272	$64	$73	$31		$0		$0	$0	$1,740	
Telephone	$633	$544	$554	$551	$563	$563	$572	$579	$567		$0		$0	$0	$5,125	
Utilities	$506	$780	$534	$536	$594	$699	$543	$466	$729		$0		$0	$0	$5,387	
Property Appraiser	$0	$0	$1,989	$0	$0	$0	$0	$0	$0		$0		$0	$0	$1,989	
Insurance- Property	$125	$125	$125	$125	$125	$125	$125	$125	$125		$0		$0	$0	$1,124	
Repairs	$3,081	$837	$1,593	$1,696	$724	$2,634	$3,079	$1,166	$938		$0		$0	$0	$15,748	
Fuel	$1,442	$531	$511	$158	$1,837	$1,064	$1,026	$566	$1,523		$0		$0	$0	$8,658	
Park Maintenance	$0	$0	$480	$0	$280	$0	$0	$2,403	$387		$0		$0	$0	$3,550	
Sidewalk Repair	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0		$0	$0	$0	
Chemicals	$0	$0	$0	$759	$0	$0	$0	$882	$0		$0		$0	$0	$1,641	
Contingencies	$215	$0	$935	$3,013	$592	$230	($230)	$1,489	$0		$0		$0	$0	$6,244	
Refuse	$480	$240	$240	$240	$960	$480	$240	$480	$240		$0		$0	$0	$3,600	
Office Supplies	$512	$212	$0	$0	$0	$20	$0	$21	$0		$0		$0	$0	$765	
Uniforms	$199	$247	$245	$196	$196	$245	$196	$196	$146		$0		$0	$0	$1,868	
Fire Alarm System	$512	$588	$512	$512	$512	$512	$1,611	$0	$1,023		$0		$0	$0	$5,781	
Rain Bird Pump System	$2,298	$2,298	$2,528	$2,298	$2,298	$2,298	$2,298	$2,298	$2,528		$0		$0	$0	$21,146	
Park Materials	$0	$0	$0	$0	$0	$0	$2,347	$0	$0		$0		$0	$0	$2,347	
Total Grounds Maintenance	$23,190	$21,762	$24,450	$24,829	$21,608	$22,426	$24,146	$25,660	$21,357		$0		$0	$0	$209,426	
																
Total Expenditures	$76,391	$100,571	$70,072	$63,356	$62,484	$64,378	$61,864	$67,256	$60,666		$0		$0	$0	$627,039	
																
Operating Income (Loss)	($71,701)	$100,912	$437,739	($20,619)	($50,413)	($50,701)	($34,359)	($37,995)	($47,532)		$0		$0	$0	$225,332	

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

$0	

$0	

$0	

$0	

$0	

($202)	

($202)	

($115)	

($115)		

$0		

$0	

$0	

($634)	
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	($202)	($202)	($115)	($115)		$0		$0	$0	($634)	
																
Excess Revenue/(Expenditures)	($71,701)	$100,912	$437,739	($20,619)	($50,413)	($50,902)	($34,561)	($38,111)	($47,647)		$0		$0	$0	$224,697	

	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	

4,755	

4,299	

4,325	

4,970		

0	

0	

0	

35,494	
Member Rounds	701	666	816	1,012	836	1,008	854	800	779		0	0	580	8,052	
Comp Rounds	237	152	234	239	182	196	143	124	132		0	0	0	1,639	
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	304

$43	264

$39	302

$31	278

$25		0

$0	0

$0	0

$0	2,545

$333	
Revenues:
Greens Fees	
$107,375	
$107,634	
$130,099	
$165,174	
$161,835	
$205,130	
$165,529	
$133,782	
$126,214		
$0	
$0	
$0	
$1,302,772	
Gift Cards - Sales	$458	$636	$3,462	$433	$398	$1,059	$862	$570	$706		$0	$0	$0	$8,582	
Gift Cards - Usage	($803)	($482)	($2,812)	($3,031)	($1,817)	($2,014)	($2,108)	($1,899)	($1,544)		$0	$0	$0	($16,511)	
Season Advance/Trail Fees	$18,051	$20,606	$22,572	$21,363	$21,645	$21,986	$18,207	$13,213	$22,821		$0	$0	$0	$180,464	
Associate Memberships	$3,950	$3,081	$4,661	$7,900	$5,767	$4,582	$3,160	$1,580	$2,133		$0	$0	$0	$36,814	
Driving Range	$5,963	$6,015	$8,358	$8,857	$7,544	$9,812	$7,463	$9,384	$7,869		$0	$0	$0	$71,265	
Golf Lessons	$175	$175	$175	$175	$175	$175	$175	$175	$175		$0	$0	$0	$1,575	
Merchandise Sales	$9,238	$9,725	$10,462	$8,683	$9,199	$12,288	$11,856	$10,371	$10,858		$0	$0	$0	$92,679	
Restaurant	$2,359	$3,141	$4,837	$3,029	$2,377	$4,154	$3,225	$3,423	$2,319		$0	$0	$0	$28,864	
Special Assessments - Operations	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519		$0	$0	$0	$13,674	
Miscellaneous Income	$2,867	$145	$189	$95	$105	$6	$113	$3,053	$2,520		$0	$0	$0	$9,093	
Total Revenues	$151,152	$152,194	$183,522	$214,197	$208,747	$258,697	$210,000	$175,173	$175,590		$0	$0	$0	$1,729,273	

Golf Course Expenditures:
Other Contractual Services	

$710	

$1,035	

$1,035	

$1,635	

$1,847	

$798	

$2,278	

$720	

$1,501		

$0	

$0	

$0	

$11,558	
Telephone/Internet	$106	$106	$106	$106	$106	$106	$106	$106	$106		$0	$0	$0	$954	
Postage	$0	$41	$1,495	$0	$0	$0	$87	$0	$0		$0	$0	$0	$1,623	
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	$1,151	$1,322	$1,734	$1,053		$0	$0	$0	$11,491	
Repairs & Maintenance	$419	$250	$0	$1,661	$2,596	$1,881	$554	$351	$844		$0	$0	$0	$8,556	
Advertising	($350)	$2,099	$4,117	$665	$1,364	$894	$830	$1,418	$1,240		$0	$0	$0	$12,275	
Bank Charges	$2,332	$3,112	$3,184	$3,636	$4,992	$4,426	$5,601	$5,104	$3,848		$0	$0	$0	$36,234	
Office Supplies	$78	$327	$115	$19	$263	$315	$324	$177	$362		$0	$0	$0	$1,980	
Operating Supplies	$442	$345	$566	$822	$110	$258	$289	$149	$149		$0	$0	$0	$3,131	
Dues, Licenses & Subscriptions	$180	$0	$293	$0	$943	$1,002	$793	$793	$1,278		$0	$0	$0	$5,282	
Drug Testing - All Departments	$0	$0	$49	$49	$0	$97	$292	$0	$0		$0	$0	$0	$486	
Training, Education & Employee Relations	$51	$381	$0	$0	$675	$0	$130	$100	$18		$0	$0	$0	$1,355	
Contractual Security	$482	$519	$662	$197	$196	$382	$382	$382	$196		$0	$0	$0	$3,398	
IT Services	$0	$435	$0	$0	$0	$0	$95	$1,742	$95		$0	$0	$0	$2,367	
Total Golf Course Expenditures	$5,667	$9,938	$12,822	$10,052	$14,353	$11,309	$13,083	$12,776	$10,690		$0	$0	$0	$100,689	

Restaurant Expenditures:															
Pest Control	$95	$95	$95	$95	$95	$95	$95	$190	$95		$0	$0	$0	$951	
Equipment Lease	$100	$147	$100	$100	$99	$99	$124	$99	$99		$0	$0	$0	$968	
Total Restaurant Expenditures	$195	$242	$195	$195	$194	$194	$219	$290	$194		$0	$0	$0	$1,919	

	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	

$17,461	

$15,775	

$20,568	

$15,745		

$0	

$0	

$0	

$153,047	
Administrative Fee	$1,586	$1,816	$1,511	$1,434	$1,193	$1,299	$1,236	$1,434	$1,236		$0	$0	$0	$12,745	
FICA Expense	$1,231	$1,395	$1,286	$1,304	$1,172	$1,336	$1,207	$1,573	$1,204		$0	$0	$0	$11,708	
Health Insurance	$43	$43	$33	$0	$33	$33	$33	$43	$33		$0	$0	$0	$293	
Workers Compensation	$439	$498	$459	$465	$419	$477	$431	$530	$283		$0	$0	$0	$4,001	
Unemployment	$521	$515	$569	$1,022	$920	$918	$790	$974	$464		$0	$0	$0	$6,692	
Golf Printing	$0	$0	$1,200	$0	$0	$0	$0	$0	$1,214		$0	$0	$0	$2,414	
Utilities	$1,686	$1,629	$1,517	$1,655	$1,586	$1,680	$1,676	$2,018	$1,673		$0	$0	$0	$15,120	
Repairs	$0	$0	$0	$355	$0	$0	$0	$0	$33		$0	$0	$0	$387	
Pest Control	$95	$95	$95	$95	$95	$95	$95	$190	$95		$0	$0	$0	$951	
Supplies	$1,410	$1,019	$876	$1,205	$719	$1,318	$1,255	$1,127	$982		$0	$0	$0	$9,912	
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	$7,033	$7,555	$7,169	$7,179		$0	$0	$0	$68,119	
Cart Maintenance	$251	$272	$1,275	$604	$711	$1,268	$435	$121	$34		$0	$0	$0	$4,970	
Driving Range	$32	$0	$733	$556	$227	$0	$543	$0	$0		$0	$0	$0	$2,090	
Total Golf Operation Expenditures	$31,062	$32,692	$34,144	$34,307	$30,372	$32,920	$31,031	$35,747	$30,176		$0	$0	$0	$292,452	

Merchandise Sales:															
Cost of Goods Sold	$6,482	$4,241	$8,630	$7,219	$3,007	$13,366	$6,058	$4,689	$9,239		$0	$0	$0	$62,931	
Total Merchandise Sales	$6,482	$4,241	$8,630	$7,219	$3,007	$13,366	$6,058	$4,689	$9,239		$0	$0	$0	$62,931	

Golf Course Maintenance:
Salaries	

$32,200	

$38,863	

$31,368	

$38,115	

$26,216	

$33,570	

$29,500	

$36,305	

$32,206		

$0	

$0	

$0	

$298,344	
Administrative Fees	$852	$1,035	$822	$1,037	$815	$913	$935	$906	$589		$0	$0	$0	$7,903	
FICA Expense	$2,400	$2,819	$2,279	$2,776	$1,901	$2,456	$2,206	$2,677	$2,354		$0	$0	$0	$21,869	
Employee Insurance	$6,053	$3,786	$2,834	$3,671	$1,751	$2,785	$2,737	$3,039	$2,517		$0	$0	$0	$29,173	
Workers Compensation	$877	$1,061	$856	$1,039	$714	$914	$806	$931	$580		$0	$0	$0	$7,779	
Unemployment	$0	$0	$334	$2,177	$1,454	$1,393	$320	$191	$67		$0	$0	$0	$5,938	
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	$2,094	$2,733	$2,469	$2,311		$0	$0	$0	$20,253	
Repairs	$4,341	$7,770	$817	$6,763	$1,613	$3,201	$909	$2,402	$2,278		$0	$0	$0	$30,094	
Fuel & Oil	$2,720	$1,078	$1,038	$320	$3,513	$2,491	$2,377	$1,494	$4,389		$0	$0	$0	$19,421	
Pest Control	$88	$88	$88	$88	$88	$88	$88	$175	$88		$0	$0	$0	$877	
Irrigation/Drainage	$1,150	$1,525	$1,527	$736	$736	$473	$1,047	$655	$931		$0	$0	$0	$8,780	
Sand and Topsoil	$321	$321	$0	$641	$0	$618	$1,457	$1,126	$1,891		$0	$0	$0	$6,375	
Flower/Mulch	$296	$0	$337	$1,496	$296	$754	$0	$0	$0		$0	$0	$0	$3,180	
Fertilizer	$7,254	$3,173	$3,618	$2,497	$2,360	$4,851	$10,200	$6,236	$7,707		$0	$0	$0	$47,896	
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	$402	$0	$201		$0	$0	$0	$1,846	
Contingency	$0	$0	$0	$0	$0	$1,234	$345	$0	$0		$0	$0	$0	$1,579	
First Aid	$0	$71	$0	$0	$0	$51	$112	$0	$199		$0	$0	$0	$432	
Office Supplies	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Operating Supplies	$743	$1,487	$144	$0	$485	$26	$565	$285	$1,210		$0	$0	$0	$4,944	
Training	$0	$0	$0	$0	$0	$552	$314	$0	$640		$0	$0	$0	$1,506	
Janitorial Supplies	$17	$155	$0	$0	$0	$0	$0	$300	$0		$0	$0	$0	$473	
Soil & Water Testing	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Uniforms	$592	$797	$777	$622	$622	$777	$806	$431	$530		$0	$0	$0	$5,953	
Equipment Rental	$0	$0	$0	$0	$0	$34	$31	$31	$0		$0	$0	$0	$95	
Equipment Lease	$12,688	$11,952	$13,484	$9,219	$13,229	$13,100	$10,009	$7,437	$24,161		$0	$0	$0	$115,279	
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	$72,373	$67,897	$67,089	$84,849		$0	$0	$0	$644,226	

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	$20	$20	$82	$32		$0	$0	$0	$254	
Dissemination	$83	$83	$83	$83	$83	$83	$83	$83	$83		$0	$0	$0	$750	
Trustee Fees	$342	$342	$342	$342	$342	$342	$342	$681	$339		$0	$0	$0	$3,412	
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	$6,127	$6,127	$6,127	$6,365	$6,127	$7,673	$7,241	$7,241	$7,241		$0	$0	$0	$60,270	
Property Taxes	$1,250	$1,250	$1,126	$1,757	$1,621	$3,431	$1,622	$1,621	$1,621		$0	$0	$0	$15,300	
Total Administrative Expenditures	$12,637	$12,637	$12,514	$13,382	$13,009	$16,364	$14,123	$14,523	$14,132		$0	$0	$0	$123,321	
															
Total Revenues	$151,152	$152,194	$183,522	$214,197	$208,747	$258,697	$210,000	$175,173	$175,590		$0	$0	$0	$1,729,273	
															
Total Expenditures	$131,958	$140,634	$131,059	$139,121	$119,433	$146,527	$132,412	$135,114	$149,280		$0	$0	$0	$1,225,539	
															
Operating Income (Loss)	$19,193	$11,560	$52,463	$75,076	$89,314	$112,170	$77,589	$40,060	$26,309		$0	$0	$0	$503,734	

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

$46,688	

$46,688	

$46,688	

$46,688	

$46,688	

$46,688	

$46,688	

$46,688	

$46,688		

$0	

$0	

$0	

$420,188	
Interest Income	$1	$0	$1	$1	$1	$0	$2	$3	$1		$0	$0	$0	$11	
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	($5,203)	($5,203)	($2,973)	($2,973)		$0	$0	$0	($16,353)	
Interest Expense	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)		$0	$0	$0	($105,319)	
Principal Expense	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)		$0	$0	$0	($318,750)	
Total Non Operating  Revenues/(Expenditures)	($385)	($431)	($430)	($430)	($430)	($5,634)	($5,632)	($3,402)	($3,403)		$0	$0	$0	($20,178)	
															
Net Non Operating Income / (Loss)	$18,808	$11,129	$52,033	$74,646	$88,883	$106,536	$71,956	$36,658	$22,906		$0	$0	$0	$483,556	

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	

$12,288	

$11,856	

$10,371	

$10,858	

$0	

$0	

$0	

$92,679	
Total Revenues	$9,238	$9,725	$10,462	$8,683	$9,199	$12,288	$11,856	$10,371	$10,858	$0	$0	$0	$92,679	

Expenditures														
Cost of Goods Sold	$6,482	$4,241	$8,630	$7,219	$3,007	$13,366	$6,058	$4,689	$9,239	$0	$0	$0	$62,931	
Total Expenditures	$6,482	$4,241	$8,630	$7,219	$3,007	$13,366	$6,058	$4,689	$9,239	$0	$0	$0	$62,931	
														
Operating Income (Loss)	$2,756	$5,484	$1,832	$1,464	$6,191	($1,078)	$5,798	$5,682	$1,619	$0	$0	$0	$29,748	

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)	
Less: May 1, 2021 Principal	($2,140,000)	
Current Bonds Outstanding	$2,265,000	

(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:	$9	
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)	
Less: May 1, 2021 Principal	($425,000)	
Current Bonds Outstanding	$2,470,000	

Series 2020 Special Assessment Revenue Bonds	
Interest Rate:	2% to 2.75%	
Maturity Date:	5/1/1938	
Reserve Fund Definition:	50% Max Annual Dept	
Reserve Fund Requirement:	$234,591	
Reserve Fund Balance:	$234,602	
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	
3/9/21	$	37,193	$	7,988	$	23,487	$	5,718	$	37,193	
4/9/21	$	101,577	$	21,815	$	64,146	$	15,616	$	101,577	
5/6/21	$	114,407	$	24,571	$	72,248	$	17,588	$	114,407	
6/7/21	$	32,542	$	6,989	$	20,550	$	5,003	$	32,542	
6/17/21	$	22,470	$	1,456	$	4,280	$	16,734	$	22,470	
$	-	$	-	$	-	$	-	
	$	3,778,635	$	808,157	$	2,376,297	$	594,181	$	3,778,635	

	Net
Assessed	
Percentage	Assessments
Collected	Assessments
Transferred	Balance to
Transfer	
						
Debt Service Fund	$	2,376,297	63.15%	$	2,376,297	$	(2,191,586)	$	24,831	
General Fund	$	808,157	21.48%	$	808,157	$	(808,157)	$	-	
Recreation Fund	$	578,489	15.37%	$	594,181	$	(533,523)	$	21,736	
						
	$	3,762,943	100.00%	$	3,778,635	$	(3,533,265)	$	46,567	

Percentage Collected	100.42%

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

	Actuals
6/30/20		Actuals
6/30/21		
Variance		Year to Date
6/30/20		Year to Date
6/30/21		
Variance	

Revenues:
Greens Fees	

$	91,683		

$	126,214		

$	34,531		

$ 1,041,910		

$ 1,302,772		

$	260,862	
Gift Cards - Sales	$	808		$	706		$	(102)		$	6,545		$	8,582		$	2,037	
Gift Cards - Usage	$	(433)		$	(1,544)		$	(1,111)		$	(10,618)		$	(16,511)		$	(5,893)	
Season Advance/Trail Fees	$	16,829		$	22,821		$	5,992		$	163,283		$	180,464		$	17,181	
Associate Memberships	$	2,844		$	2,133		$	(711)		$	31,442		$	36,814		$	5,372	
Driving Range	$	5,597		$	7,869		$	2,272		$	57,297		$	71,265		$	13,968	
Golf Lessons	$	115		$	175		$	60		$	1,515		$	1,575		$	60	
Merchandise Sales	$	8,801		$	10,858		$	2,056		$	84,408		$	92,679		$	8,271	
Restaurant	$	2,099		$	2,319		$	220		$	20,808		$	28,864		$	8,056	
Special Assessments - Operations	$	1,877		$	1,519		$	(358)		$	16,895		$	13,674		$	(3,221)	
Miscellaneous Income	   $	1,700 		   $	2,520 		   $	820 		   $	19,794 		   $	9,093 		   $	(10,701) 	
Total Revenues	   $	131,920 		   $	175,590 		   $	43,670 		   $ 1,433,280 		   $ 1,729,273 		   $	295,993 	
Expenditures:
Golf Course Expenditures	
$	9,980		
$	10,690		
$	(710)		
$	99,746		
$	100,689		
$	(944)	
Restaurant	$	193		$	194		$	(2)		$	1,736		$	1,919		$	(183)	
Golf Operations	$	34,538		$	30,176		$	4,362		$	305,114		$	292,452		$	12,663	
Merchandise Sales	$	5,259		$	9,239		$	(3,980)		$	53,931		$	62,931		$	(9,001)	
Golf Course Maintenance	$	83,316		$	84,849		$	(1,532)		$	758,910		$	644,226		$	114,684	
Administrative	   $	12,147 		   $	14,132 		   $	(1,985) 		   $	110,947 		   $	123,321 		   $	(12,375) 	
Total Expenditures	   $	145,434 		   $	149,280 		   $	(3,846) 		   $ 1,330,383 		   $ 1,225,539 		   $	104,844 	
Operating Income/(Loss)	   $	(13,514) 		   $	26,309 		   $	39,823 		   $	102,897 		   $	503,734 		   $	400,837 	

I. Cash Flows:

Actuals

Projections

July

August

September

Totals

Starting Funds
Carry Forward
Revenues

Expenses

$	583,147	$	546,785	$	523,589	

000000Viera East Cash Flow Analysis  FY 2021

October	November	December	January	February	March	April	May	June	

$	89,060	$	108,253	$	119,813	$	172,277	$	247,353	$	336,666	$	448,837	$	526,425	$ 566,485	

$	592,794	$	583,147	$	546,785	

Golf Course	$	151,152	$	152,194	$	183,522	$	214,197	$	208,747	$	258,697	$	210,000	$	175,173	$ 175,590		$	150,727	$	123,980	$	137,162	$ 2,141,142	
Course Operations	$	148,793	$	149,053	$	178,685	$	211,169	$	206,369	$	254,543	$	206,775	$	171,750	$ 173,271		$	149,165	$	122,698	$	135,742	$ 2,108,013	
Restaurant	$	2,359	$	3,141	$	4,837	$	3,029	$	2,377	$	4,154	$	3,225	$	3,423	$ 2,319		$	1,562	$	1,282	$	1,420	$	33,129	
								
Total All Cash	$	240,212	$	260,448	$	303,336	$	386,474	$	456,100	$	595,364	$	658,837	$	701,598	$ 742,074		$	743,521	$	707,127	$	683,947	$ 2,141,142	

Golf Course	$	131,958	$	140,634	$	131,059	$	139,121	$	119,433	$	146,527	$	132,412	$	135,114	$ 149,280		$	160,374	$	160,342	$	160,358	$ 1,706,612	
Course Operations	$	131,764	$	140,392	$	130,864	$	138,927	$	119,239	$	146,333	$	132,193	$	134,824	$ 149,086		$	160,194	$	160,194	$	160,194	$ 1,704,204	
Restaurant	$	195	$	242	$	195	$	195	$	194	$	194	$	219	$	290	$	194		$	180	$	147	$	163	$	2,409	
															
Cash Less Expenses	$	108,253	$	119,813	$	172,277	$	247,353	$	336,666	$	448,837	$	526,425	$	566,485	$ 592,794						

	Projected Revenues FY 2021	$ 2,141,142	
	Projected Expenses FY 2021	$ 1,706,612	
	Projected Surplus(Deficit) FY 2021	$	434,529	

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$17,134	$184,216	$6,428	$68,227	
$22,464	$240,408	($652)	($8,258)	
$41,120	$495,815	$18,923	$78,593	
$14,279	$95,320	$4,855	$136,465	
$0	$0	$0	$5,175	
$0	$0	$0	$0	
($3,631)	($15,493)	$1,659	($5,749)	

$91,366	
$1,000,266	
$31,213	
$274,456	

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$35.26	$41.04	($0.24)	($0.47)	
$26.77	$32.70	$2.23	$0.04	
$30.06	$34.05	$2.26	$3.94	
$35.08	$37.48	($0.61)	($0.06)	
$0.00	$0.00	$0.00	$31.55	
$0.00	$0.00	$0.00	$0.00	
$29.28	$27.87	($8.08)	$1.89	
$30.70	$35.23	$2.03	$2.18	
PY	PY	Vs. PY
Monthly
$5,992
$5.82	Vs. PY
Year to Date
$17,733
$1.13	
Monthly	Year to Date			
$16,829	$162,729			
$24.57	$23.03			

Average $ per Round of Golf

Average $ per round of Golf	
Monthly	
Year to Date	
Rounds of Golf- Associate Member	$35.01	$40.57	
Rounds of Golf- CDD Resident	$29.01	$32.74	
Rounds of Golf - Public	$32.32	$37.99	
Rounds of Golf - Golf Now / EZ Links	$34.48	$37.43	
Rounds of Golf- Tournaments	$0.00	$31.55	
Rounds of Golf- Misc	$0.00	$0.00	
Rain Check Issued	$21.20	$29.75	
TOTAL - Average $ per round of Golf	$32.73	$37.41	

	Monthly	Year to Date	
Membership Revenue	 	$22,821 	 	$180,462 	
Average $ per round of Golf	$30.39	$24.16	

Viera East Community Development District
Detailed Rounds of Golf Report
Jun-21

PY	
PY	
Vs. PY
Monthly

187
(87)
490
148
0
0
31
769

66
66

(67)
(80)
(147)

88

776	
Vs. PY
Year to Date

1,734
(262)
558
3,650
164
0
(158)
5,686

402
402

(631)
(431)
(1,062)

330

5,356	
Monthly	Year to Date			
486	4,489			
839	7,353			
1,368	14,561			
407	2,543			
0	0			
0	0			
(124)	(556)			
2,976	28,390			
685	7,067			
685	7,067			
155	1,392			
130	1,208			
285	2,600			
190	2,215			
4,136	40,272			

Rounds of Golf
Monthly	Year to Date	
Paid Rounds					
Rounds of Golf- Associate Member	673	14%	6,223	14%	
Rounds of Golf- CDD Resident	752	15%	7,091	16%	
Rounds of Golf - Public	1,858	38%	15,119	33%	
Rounds of Golf - Golf Now / EZ Links	555	11%	6,193	14%	
Rounds of Golf- Tournaments	-	0%	164	0%	
Rounds of Golf- Misc	-	0%	-	0%	
Rain Check Issued	(93)	-2%	(714)	-2%	
Total Paid Rounds	3,745		34,076		
Member Rounds
Rounds of Golf - Members	
 	751 	
15%	
 	7,469 	
16%	
Total Member Rounds	751		7,469		
Comp Rounds					
Rounds of Golf- Staff/Comp	88	2%	761	2%	
Rounds of Golf- Other Comp	50	1%	777	2%	
Total Comp Rounds	138		1,538		
Rounds of golf - GolfNow/EZ Links	 	278 	6%	 	2,545 	6%	
TOTAL ROUNDS OF GOLF	4,912	100%	45,628	100%	
					
Revenues					
	Monthly		Year to Date		
Greens Fee Revenue					
Rounds of Golf- Associate Member	$23,562	19%	$252,443	20%	
Rounds of Golf- CDD Resident	$21,812	18%	$232,150	18%	
Rounds of Golf - Public	$60,043	49%	$574,408	45%	
Rounds of Golf - Golf Now / EZ Links	$19,134	16%	$231,785	18%	
Rounds of Golf- Tournaments	$0	0%	$5,175	0%	
Rounds of Golf- Misc	$0	0%	$0	0%	
Rain Check Issued	($1,972)	-2%	($21,242)	-2%	
			$3		
TOTAL GREENS FEE REVENUE	$122,579	100%	$1,274,722	100%	

PY - PREVIOUS YEAR