Viera East
Community Development District

Unaudited Financial Reporting
March 31, 2022

	TABLE OF CONTENTS	

1	
Balance Sheet	

2-4	

General Fund Income Statement	

5	

Capital Reserve Income Statement	

6	

Capital Reserve Check Register	

7	

Debt Service Series 2006 Income Statement	

8	

Debt Service Series 2020 Income Statement	

9	

Capital Projects Series 2020 Income Statement	

10-13	

Golf Course Income Statement	

14	

Restaurant Income Statement	

15-16	

Month by Month- General Fund	

17-20	

Month by Month- Golf Course	

21	

Month by Month- Restaurant	

22	

Month by Month- Proshop	

23	
Long Term Debt Report	

24	
FY2022 Tax Receipt Schedule	

Viera East
Community Development District
Combined Balance Sheet March 31, 2022

	Governmental Fund Types

General 	Capital Reserve	

Debt Service	

Capital Projects	
 Golf  Course/Recreation 	
Totals
 (memorandum only) 	
Assets						
Operating Account	$569,167	$518,648	----	----	$1,025,951	$2,113,766	
Accounts Receivable	----	----	----	----	$263	$263	
Due From Golf Course	$46,023	----	----	----	----	$46,023	
Due From General Fund	----	----	$43,967	----	----	$43,967	
Due From Capital Reserve	$209	----	----	----	$128	$337	
Due from Debt Service	----	----	----	----	$22,922	$22,922	
Due from Other	----	----	----	----	$4,173	$4,173	
Due from Capital Projects	----	$120,675	----	----	$42,079	$162,754	
Inventory - Pro Shop	----	----	----	----	$39,403	$39,403	
Inventory - Hook and Eagle	----	----	----	----	$21,712	$21,712	
Investments:						
State Board	----	$121,722	----	----	----	$121,722	
Benefit Assessment- Series 2012	----	----	----	----	$4,118	$4,118	
Reserve - Series 2012	----	----	----	----	$280,133	$280,133	
Bond Service- Series 2012	----	----	----	----	$14	$14	
Bond Service- Series 2006	----	----	$2,316,641	----	----	$2,316,641	
Reserve- Series 2020	----	----	$234,610	----	----	$234,610	
Temporary Interest Series 2020	----	----	$180,640	----	----	$180,640	
Project- Series 2020	----	----	----	$4,745,169	----	$4,745,169	
Improvements (Net of Depreciation)	----	----	----	----	$1,089,032	$1,089,032	
Prepaid Expenses- Operations	$9,144	----	----	----	$98,984	$108,128	
Total Assets	$624,544	$761,045	$2,775,858	$4,745,169	$2,628,913	$11,535,528	
Liabilities						
Accounts Payable	$14,740	----	----	----	$12,852	$27,593	
Accrued Expenses	----	----	----	----	$106	$106	
Deferred Revenue- Season Advance	----	----	----	----	$90,063	$90,063	
Deferred Revenue- Special Assessments O&M	----	----	----	----	$9,116	$9,116	
Deferred Revenue- Special Assessments Debt	----	----	----	----	$262,578	$262,578	
Deposit-Divots Grill	----	----	----	----	$1,814	$1,814	
Due to General Fund	----	$209	----	----	$46,023	$46,233	
Accrued Interest Payable	----	----	----	----	$67,814	$67,814	
Accrued Principal Payable	----	----	----	----	$211,500	$211,500	
Sales Tax Payable	----	----	----	----	$31,908	$31,908	
Event Deposits	----	----	----	----	($3,889)	($3,889)	
Due to Golf Course	----	----	$22,922	$42,079	----	$65,002	
Due to Debt Service	$43,967	----	----	----	----	$43,967	
Due to Capital Reserve	----	----	----	$120,675	----	$120,675	
Accrued Payroll Payable	----	----	----	----	----	$0	
Bonds Payable - Series 2012	----	----	----	----	$2,470,000	$2,470,000	
Bond Discount	----	----	----	----	($13,414)	($13,414)	
Deferred Loss	----	----	----	----	($130,973)	($130,973)	
Fund Equity						
Net Assets	----	----	----	----	($426,584)	($426,584)	
Fund Balances						
Assigned - First Quarter	$176,000	----	----	----	----	$176,000	
Nonspendable - Prepaid Expense	$9,144	----	----	----	----	$9,144	
Unassigned	$380,692	----	----	----	----	$380,692	
Assigned- Capital Reserve Fund	----	$760,835	----	----	----	$760,835	
Restricted for Capital Projects	----	----	----	$4,582,414	----	$4,582,414	
Restricted for Debt Service	----	----	$2,752,936	----	----	$2,752,936	
Total Liabilities, Fund Equity, Other	$624,544	$761,045	$2,775,858	$4,745,169	$2,628,913	$11,535,528	

Revenues		
Maintenance Assessments	$808,157	$751,909	$751,909	$0	
Golf Course Administrative Services	$56,280	$28,140	$28,140	$0	
Donations for Park Material	$0	$0	$3,650	$3,650	
Miscellaneous Income- Farmers Market	$0	$0	$11,189	$11,189	
Interest Income	$100	$50	$55	$5	
Total Revenues	$864,536	$780,099	$794,942	$14,843	

Administrative Expenditures					
Supervisors Fees	$30,496	$15,248	$12,243	$3,005	
Engineering Fees	$5,000	$2,500	$1,025	$1,475	
Attorney's Fees	$5,000	$2,500	$7,264	($4,764)	
Dissemination	$1,000	$500	$500	$0	
Trustee Fees	$5,600	$2,800	$0	$2,800	
Annual Audit	$6,500	$3,250	$0	$3,250	
Collection Agent	$2,500	$1,250	$1,250	$0	
Management Fees	$103,454	$51,727	$51,727	($0)	
Postage	$1,500	$750	$833	($83)	
Printing & Binding	$2,500	$1,250	$3,893	($2,643)	
Insurance- Liability	$8,040	$4,020	$3,498	$522	
Legal Advertising	$1,500	$750	$797	($47)	
Other Current Charges	$1,500	$750	$157	$593	
Office Supplies	$1,500	$750	$40	$710	
Dues & Licenses	$175	$175	$175	$0	
Information Technology	$4,250	$2,125	$2,125	($0)	
Total Administrative	$180,515	$90,345	$85,526	$4,819	

Operating Expenditures		
Salaries	$147,487	$73,744	$75,505	($1,761)	
Administration Fee	$1,388	$694	$552	$142	
FICA Expense	$11,283	$5,642	$5,418	$223	
Health Insurance	$17,410	$8,705	$8,424	$281	
Workers Compensation	$2,891	$1,446	$1,268	$178	
Unemployment	$842	$421	$660	($239)	
Other Contractual	$7,500	$3,750	$7,192	($3,442)	
Marketing- Lifestyle/Amenities	$18,000	$9,000	$8,522	$478	
Training	$500	$250	$0	$250	
Uniforms	$500	$250	$0	$250	
Total Operating	$207,801	$103,901	$107,541	($3,640)	

Maintenance Expenditures					
Canal Maintenance	$14,000	$7,000	$0	$7,000	
Lake Bank Restoration	$30,000	$24,000	$24,000	$0	
Environmental Services	$20,000	$10,000	$0	$10,000	
Water Management System	$99,000	$49,500	$57,791	($8,291)	
Midge Control	$15,000	$7,500	$0	$7,500	
Contingencies	$2,000	$1,000	$1,200	($200)	
Fire Line Maintenance	$2,000	$2,000	$2,000	$0	
Basin Repair	$3,000	$1,500	$0	$1,500	
Total Maintenance	$185,000	$102,500	$84,991	$17,509	

Grounds Maintenance Expenditures		
Salaries	$166,108	$83,054	$66,298	$16,756	
Administrative Fees	$3,446	$1,723	$1,104	$619	
FICA	$12,707	$6,354	$4,836	$1,518	
Health Insurance	$28,182	$14,091	$9,249	$4,842	
Workers Compensation	$3,256	$1,628	$1,113	$515	
Unemployment	$2,506	$1,253	$795	$458	
Telephone	$6,250	$3,125	$3,399	($274)	
Utilities	$7,200	$3,600	$4,500	($900)	
Property Appraiser	$1,990	$995	$1,989	($994)	
Insurance- Property	$2,197	$1,099	$1,317	($219)	
Repairs	$15,000	$7,500	$11,832	($4,332)	
Fuel	$10,000	$5,000	$8,019	($3,019)	
Park Maintenance	$7,500	$3,750	$2,856	$894	
Sidewalk Repair	$10,000	$5,000	$0	$5,000	
Chemicals	$4,000	$2,000	$1,869	$131	
Contingencies	$4,000	$2,000	$2,826	($826)	
Refuse	$6,000	$3,000	$2,640	$360	
Office Supplies	$750	$375	$0	$375	
Uniforms	$3,000	$1,500	$1,884	($384)	
Fire Alarm System	$7,500	$3,750	$3,069	$681	
Rain Bird Pump System	$27,576	$13,788	$14,020	($232)	
Park Materials	$0	$0	$1,748	($1,748)	
Total Grounds Maintenance	$329,168	$164,584	$145,363	$19,221	
					
Total Expenditures	$902,484	$461,329	$423,421	$37,909	
					
Operating Income (Loss)	($37,948)	$318,769	$371,522	$52,752	

Non Operating Revenues/(Expenditures)					
Reserve Funding- Transfer Out (Capital Reserve)	($5,000)	$0	$0	$0	
Reserve Funding- Transfer Out (Excess)	$0	$0	$0	$0	
Total Non Operating Revenues/(Expenditures)	($5,000)	$0	$0	$0	
					
Excess Revenue/(Expenditures)	($42,948)	$318,769	$371,522	$52,752	
					
Beginning Fund Balance	$42,948		$194,315		
					
Ending Fund Balance	$0		$565,836		

Capital Reserve Fund Statement of Revenues & Expenditures
For Period Ending March 31, 2022

Adopted
Budget

Prorated Budget
3/31/22

Actual
3/31/22

Variance

Revenues

Interest Income	$1,000	$500	$63	($437)	
Reserve Funding - Transfer In (General)	$5,000	$0	$0	$0	
Reserve Funding - Transfer In (Golf)	$6,694	$0	$0	$0	
Reserve Funding - Transfer In (PY Excess)	$0	$0	$450,000	$450,000	
Total Revenues	$12,694	$500	$450,063	$449,563	

Expenditures					
Capital Outlay	$100,000	$0	$0	$0	
Truck Maintenance	$25,000	$0	$0	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$0	$0	$0	
					
Excess Revenues/(Expenditures)	($112,306)		$450,063		
					
Beginning Fund Balance	$315,696		$310,773		
					
Ending Fund Balance	$203,390		$760,835		

Viera East Community Development District
Capital Reserve Fund Capital Outlay Check Register Detail For Period Ending March 31, 2022

Check Date	Vendor	Detail	Amount

Capital Outlay
FY2022

Total	 $	-	

Community Development District
Debt Service Fund Series 2006 Statement of Revenues & Expenditures For Period Ending March 31, 2022

	Adopted
Budget	Prorated Budget
3/31/22	Actual
3/31/22	
Variance	
Revenues					
Special Assessments	$2,089,942	$1,944,481	$1,944,481	$0	
Interest Income	$100	$50	$21	($29)	
Total Revenues	$2,090,042	$1,944,531	$1,944,501	($29)	

Expenditures					
Series 2006 Interest-11/1	
$65,119	
$65,119	
$65,119	
$0	
Interest-5/1	$65,119	$0	$0	$0	
Principal-5/1	$2,265,000	$0	$0	$0	
Total Expenditures	$2,395,238	$65,119	$65,119	$0	
					
Excess Revenues/(Expenditures)	($305,196)		$1,879,383		
					
Beginning Fund Balance	$458,327		$458,303		
					
Ending Fund Balance	$153,131		$2,337,686		

Debt Service Fund Series 2020 Statement of Revenues & Expenditures For Period Ending March 31, 2022

Adopted
Budget

Prorated Budget
3/31/22

Actual
3/31/22

Variance

Revenues

Interest Income	$500	$250	$11	($239)	
Total Revenues	$500	$250	$11	($239)	

Expenditures					
Series 2020 Interest-11/1	
$90,308	
$90,308	
$90,308	
$0	
Interest-5/1	$90,308	$0	$0	$0	
Total Expenditures	$180,615	$90,308	$90,308	$0	
					
Excess Revenues/(Expenditures)	($180,115)		($90,296)		
					
Beginning Fund Balance	$270,953		$505,547		
					
Ending Fund Balance	$90,838		$415,250		

Capital Projects Fund Series 2020 Statement of Revenues & Expenditures For Period Ending March 31, 2022

Actual
3/31/22

Revenues

Interest Income	$119

$119

Total Revenues

Expenditures

Capital Outlay	$199,727
Cost of Issuance	$0

$199,727

Total Expenditures

($199,608)

Excess Revenues/(Expenditures)

$4,782,022

Beginning Fund Balance

$4,582,414

Ending Fund Balance

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

Number of Rounds
Paid Rounds	
35,250	
4,934	
4,583	
352	
23,499	
19,349	
4,150	
Member Rounds	10,000	1,054	1,300	(246)	5,017	5,489	(472)	
Comp Rounds	3,000	157	390	(233)	1,232	1,647	(415)	
EZ Links	3,000	0	390	(390)	-	1,580	(1,580)	
GolfNow	2,000	287	260	27	1,383	1,098	285	
Total Memberships	60	7	-	7	44	60	(16)	
Revenue per Round								
Paid Rounds	$40	$47	$41	$6	$44	$43	$1	
Revenues								
Greens Fees	$1,426,357	$234,291	$188,279	$46,012	$1,023,526	$832,279	$191,247	
Gift Cards- Sales	$25,000	$680	$3,300	($2,620)	$5,650	$14,588	($8,938)	
Gift Cards- Usage	($25,000)	($1,556)	($3,300)	$1,744	($10,145)	($14,588)	$4,442	
Season Advance/Trail Fees	$210,000	$26,856	$27,720	($864)	$142,271	$122,535	$19,736	
Associate Memberships	$42,000	$4,078	$5,544	($1,466)	$20,310	$24,507	($4,197)	
Driving Range	$80,000	$11,312	$10,560	$752	$54,074	$46,680	$7,394	
Golf Lessons	$2,100	$335	$277	$58	$1,210	$1,225	($15)	
Merchandise Sales	$115,000	$12,199	$15,180	($2,981)	$60,434	$67,103	($6,669)	
Assessments -Recreation Operating	$18,239	$1,519	$1,519	$0	$9,116	$9,116	$0	
Miscellaneous Income	$15,000	$1,291	$1,250	$42	$3,425	$7,497	($4,072)	
Total Revenues	$1,908,696	$291,004	$250,329	$40,675	$1,309,871	$1,110,942	$198,929	

Golf Course Expenditures								
Other Contractual Services	$15,000	$1,268	$1,250	($18)	$7,399	$7,497	$98	
Telephone	$2,500	$171	$208	$37	$701	$1,250	$548	
Postage	$2,000	$0	$167	$167	$0	$1,000	$1,000	
Printing & Binding	$1,000	$0	$83	$83	$0	$500	$500	
Utilities	$15,900	$402	$1,324	$922	$2,502	$7,947	$5,445	
Repairs & Maintenance	$8,000	$818	$666	($151)	$12,757	$3,998	($8,758)	
Marketing- Golf Marketing	$39,000	$1,647	$3,249	$1,602	$10,631	$19,492	$8,862	
Bank Charges	$35,000	$4,145	$2,916	($1,229)	$27,803	$17,493	($10,310)	
Office Supplies	$4,000	$640	$333	($307)	$2,213	$1,999	($213)	
Operating Supplies	$5,000	$125	$417	$291	$1,576	$2,499	$923	
Dues, Licenses & Subscriptions	$8,000	$573	$666	$93	$8,281	$3,998	($4,283)	
Drug Testing- All departments	$500	$0	$42	$42	$0	$250	$250	
Training, Education & Employee Relations	$3,000	$0	$250	$250	$397	$1,499	$1,102	
Contractual Security	$3,000	$0	$250	$250	$419	$1,499	$1,081	
IT Services	$3,000	$332	$250	($82)	$2,947	$1,499	($1,448)	
Total Golf Course Expenditures	$144,900	$10,120	$12,070	$1,950	$77,625	$72,421	($5,204)	

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

Golf Operation Expenditures
Salaries	
$239,595	
$20,943	
$19,965	
($978)	
$109,074	
$119,793	
$10,718	
Administrative Fee	$19,039	$1,353	$1,587	$234	$8,139	$9,519	$1,380	
FICA Expense	$18,329	$1,590	$1,527	($62)	$8,267	$9,164	$897	
Health Insurance	$739	$631	$62	($569)	$3,732	$369	($3,362)	
Workers Compensation	$4,696	$331	$391	$60	$1,828	$2,348	$520	
Unemployment	$12,835	$331	$1,070	$739	$2,634	$6,417	$3,783	
Golf Printing	$2,200	$0	$183	$183	$1,574	$1,100	($474)	
Utilities	$22,500	$2,031	$1,875	($156)	$10,672	$11,250	$578	
Repairs	$250	$1,396	$21	($1,375)	$1,446	$125	($1,321)	
Pest Control	$1,200	$95	$100	$5	$601	$600	($1)	
Supplies	$10,000	$423	$833	$410	$6,814	$5,000	($1,814)	
Uniforms	$1,500	$0	$125	$125	$0	$750	$750	
Training, Education & Employee Relations	$2,000	$0	$167	$167	$0	$1,000	$1,000	
Fuel	$500	$0	$42	$42	$0	$250	$250	
Cart Lease	$87,763	$7,072	$7,314	$242	$42,916	$43,882	$965	
Cart Maintenance	$4,000	$1,260	$333	($927)	$2,441	$2,000	($441)	
Driving Range	$10,000	$404	$833	$429	$5,035	$5,000	($35)	
Total Golf Operation Expenditures	$437,146	$37,860	$36,428	($1,432)	$205,173	$218,567	$13,395	

Merchandise Sales								
Cost of Goods Sold	$77,000	$8,328	$6,417	($1,911)	$41,449	$38,500	($2,949)	
Total Merchandise Sales	$77,000	$8,328	$6,417	($1,911)	$41,449	$38,500	($2,949)	

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

Golf Course Maintenance
Salaries	
$420,047	
$31,610	
$35,004	
$3,394	
$212,899	
$210,024	
($2,876)	
Administrative Fees	$9,595	$574	$800	$226	$3,938	$4,798	$860	
FICA Expense	$32,134	$2,359	$2,678	$319	$15,919	$16,067	$148	
Employee Insurance	$43,225	$2,992	$3,602	$610	$17,813	$21,613	$3,800	
Workers Compensation	$9,341	$499	$778	$279	$3,581	$4,671	$1,089	
Unemployment	$7,165	$466	$597	$131	$3,190	$3,583	$392	
Fire Alarm System	$4,000	$0	$333	$333	$0	$2,000	$2,000	
Utilities/Water	$26,200	$2,357	$2,183	($174)	$12,177	$13,100	$923	
Repairs	$48,000	$1,861	$4,000	$2,139	$17,439	$24,000	$6,561	
Fuel & Oil	$40,000	$2,235	$3,333	$1,098	$16,644	$20,000	$3,356	
Pest Control	$1,000	$99	$83	($15)	$602	$500	($102)	
Irrigation/Drainage	$30,000	$1,187	$2,500	$1,313	$6,871	$15,000	$8,129	
Sand and Topsoil	$26,500	$341	$2,208	$1,868	$7,152	$13,250	$6,098	
Flower/Mulch	$7,000	$83	$583	$500	$4,531	$3,500	($1,031)	
Fertilizer	$139,000	$15,770	$11,583	($4,187)	$89,801	$69,500	($20,301)	
Seed/Sod	$16,500	$0	$1,375	$1,375	$0	$8,250	$8,250	
Trash Removal	$2,000	$207	$167	($40)	$1,277	$1,000	($277)	
Contingency	$6,000	$4,200	$500	($3,700)	$8,195	$8,195	$0	
First Aid	$800	$0	$67	$67	$291	$400	$109	
Office Supplies	$1,000	$0	$83	$83	$0	$500	$500	
Operating Supplies	$15,000	$1,058	$1,250	$192	$8,212	$7,500	($712)	
Training	$1,000	$145	$83	($62)	$1,154	$500	($654)	
Janitorial Supplies	$1,000	$0	$83	$83	$40	$500	$460	
Janitorial Services	$20,000	$950	$1,667	$717	$5,672	$10,000	$4,329	
Soil & Water Testing	$1,000	$0	$83	$83	$1,663	$500	($1,163)	
Uniforms	$8,500	$854	$708	($146)	$5,249	$4,250	($999)	
Equipment Rental	$2,000	$34	$167	$132	$201	$1,000	$799	
Equipment Lease	$177,975	$12,180	$14,831	$2,651	$72,754	$88,988	$16,233	
Small Tools	$500	$0	$42	$42	$0	$250	$250	
Total Golf Course Maintenance	$1,096,482	$82,061	$91,374	$9,312	$517,265	$553,436	$36,171	

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

Administrative Expenditures
Legal Fees	
$1,500	
$0	
$125	
$125	
$0	
$750	
$750	
Engineering	$0	$0	$0	$0	$210	$0	($210)	
Arbitrage	$600	$0	$50	$50	$0	$300	$300	
Dissemination	$1,000	$83	$83	$0	$500	$500	$0	
Trustee Fees	$4,100	$0	$342	$342	$0	$2,050	$2,050	
Annual Audit	$1,500	$0	$125	$125	$0	$750	$750	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	$28,140	$28,140	$0	
Insurance	$85,019	$8,523	$7,085	($1,438)	$46,180	$42,510	($3,670)	
Property Taxes	$10,000	$740	$833	$93	$8,413	$5,000	($3,413)	
Total Administrative Expenditures	$159,999	$14,037	$13,333	($704)	$83,442	$80,000	($3,443)	
								
Total Revenues	$1,908,696	$291,004	$250,329	$40,675	$1,309,871	$1,110,942	$198,929	
								
Total Expenditures	$1,915,527	$152,406	$159,621	$7,216	$924,953	$962,924	$37,970	
								
Operating Income (Loss)	($6,831)	$138,599	$90,708	$47,891	$384,918	$148,018	$236,899	
Non Operating Revenues/(Expenditures)								
Special Assessments	$560,250	$46,688	$46,688	$1	$280,129	$280,125	$4	
Interest Income	$1,000	$1	$83	($82)	$7	$500	($493)	
Reserve Funding- Transfer Out (Capital Reserve)	($6,694)	$0	($558)	($558)	$0	($3,347)	$3,347	
Reserve Funding- Transfer Out (PY Excess)	$0	$0	$0	$0	($450,000)	$0	($450,000)	
Interfund Transfer In- Restaurant	$17,700	$0	$0	$0	$0	$0	$0	
Gain on Sale of Asset	$0	$0	$0	$0	$300	$0	$300	
Interest Expense	($140,425)	($11,702)	($11,702)	$0	($70,212)	($70,213)	$0	
Principal Expense	($425,000)	($35,417)	($35,417)	($0)	($211,500)	($212,500)	$1,000	
Total Non Operating Revenues/(Expenditures)	$6,831	($429)	($906)	($639)	($451,277)	($5,435)	($445,842)	
								
Change in Net Assets	$0	$138,169	$89,802	$47,252	($66,359)	$142,584	($208,943)	
								
Beginning Net Assets	$0	----	----	----	($328,497)	----	----	
								
Ending Net Assets	$0	----	----	----	($394,856)	----	----	

Viera East
Community Development District
Restaurant- Hook & Eagle Statement of Revenues & Expenditures
For Period Ending March 31, 2022

	Adopted
Budget	Prorated Budget
3/31/22	Actual
3/31/22	
Variance	
Revenues					
Food Sales	$9,200	$4,600	$101,381	$96,781	
Wine Sales	$400	$200	$5,171	$4,971	
Beer Sales	$6,400	$3,200	$64,874	$61,674	
Beverage Sales	$1,600	$800	$16,299	$15,499	
Liquor Sales	$2,400	$1,200	$35,045	$33,845	
Gift Card Sales	$0	$0	$7,103	$7,103	
Gift Cards Usage	$0	$0	$0	$0	
Total Revenues	$20,000	$10,000	$229,873	$219,873	

Restaurant Expenditures					
Restaurant Manager Contract	$0	$0	$32,500	($32,500)	
Salaries	$0	$0	$68,912	($68,912)	
Administrative Fee	$0	$0	$2,987	($2,987)	
FICA Expense	$0	$0	$7,241	($7,241)	
Health Insurance	$0	$0	$5,206	($5,206)	
Workers Compensation	$0	$0	$1,113	($1,113)	
Unemployment	$0	$0	$3,349	($3,349)	
Telephone	$0	$0	$1,672	($1,672)	
Utilities	$0	$0	$5,016	($5,016)	
Pest Control	$1,200	$600	$597	$3	
Equipment Lease	$1,100	$550	$604	($54)	
Repairs	$0	$0	$2,773	($2,773)	
Kitchen Equipment/Supplies	$0	$0	$1,307	($1,307)	
Paper & Plastic Supplies	$0	$0	$4,543	($4,543)	
Operating Supplies	$0	$0	$18,572	($18,572)	
Food Cost	$0	$0	$40,652	($40,652)	
Snack Cost	$0	$0	$4,017	($4,017)	
Beer Cost	$0	$0	$28,623	($28,623)	
Beverage Cost	$0	$0	$9,380	($9,380)	
Wine Cost	$0	$0	$2,293	($2,293)	
Liquor Cost	$0	$0	$10,421	($10,421)	
First Aid	$0	$0	$188	($188)	
Entertainment	$0	$0	$3,850	($3,850)	
Delivery/Gas	$0	$0	$1,334	($1,334)	
Uniforms	$0	$0	$474	($474)	
Dues & License	$0	$0	$3,980	($3,980)	
Total Restaurant Expenditures	$2,300	$1,150	$261,602	($260,452)	
					
Operating Income (Loss)	$17,700	$8,850	($31,729)	($40,579)	

Non Operating Revenues/(Expenditures)
Interfund Transfer Out- Golf Course	

($17,700)	

$0	

$0	

$0	
Total Non Operating Revenues/(Expenditures)	($17,700)	$0	$0	$0	
					
Excess Revenue/(Expenditures)	$0	$8,850	($31,729)	($40,579)	
					
Beginning Fund Balance	$0		$0		
					
Ending Fund Balance	$0		($31,729)		

Page 14

	October	November	December	January	February	March	April		May		June		July		August		September	Total	
Revenues																			
Maintenance Assessments	$0	$231,577	$488,701	$10,364	$16,052	$5,215		$0		$0		$0		$0		$0	$0	$751,909	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690		$0		$0		$0		$0		$0	$0	$28,140	
Donations for Park Material	$1,250	$1,200	$0	$1,200	$0	$0		$0		$0		$0		$0		$0	$0	$3,650	
Miscellaneous Income- Farmers Market	$745	$777	$863	$2,896	$715	$5,194		$0		$0		$0		$0		$0	$0	$11,189	
Interest Income	$52	$0	$0	$1	$1	$0		$0		$0		$0		$0		$0	$0	$55	
Total Revenues	$6,737	$238,244	$494,253	$19,151	$21,458	$15,099		$0		$0		$0		$0		$0	$0	$794,942	

Administrative Expenditures																			
Supervisors Fees	$1,343	$2,247	$2,473	$1,341	$2,471	$2,367		$0		$0		$0		$0		$0	$0	$12,243	
Engineering Fees	$0	$0	$0	$0	$0	$1,025		$0		$0		$0		$0		$0	$0	$1,025	
Attorney's Fees	$0	$3,289	$2,879	$1,096	$0	$0		$0		$0		$0		$0		$0	$0	$7,264	
Dissemination	$83	$83	$83	$83	$83	$83		$0		$0		$0		$0		$0	$0	$500	
Trustee Fees	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Annual Audit	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Collection Agent	$208	$208	$208	$208	$208	$208		$0		$0		$0		$0		$0	$0	$1,250	
Management Fees	$8,621	$8,621	$8,621	$8,621	$8,621	$8,621		$0		$0		$0		$0		$0	$0	$51,727	
Postage	$3	$25	$790	$145	$0	($129)		$0		$0		$0		$0		$0	$0	$833	
Printing & Binding	$32	$83	$99	$111	$3	$3,565		$0		$0		$0		$0		$0	$0	$3,893	
Insurance- Liability	$583	$583	$583	$583	$583	$583		$0		$0		$0		$0		$0	$0	$3,498	
Legal Advertising	$0	$0	$623	$174	$0	$0		$0		$0		$0		$0		$0	$0	$797	
Other Current Charges	$82	$25	$23	$0	$0	$27		$0		$0		$0		$0		$0	$0	$157	
Office Supplies	$0	$10	$10	$10	$0	$10		$0		$0		$0		$0		$0	$0	$40	
Dues & Licenses	$175	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$175	
Information Technology	$354	$354	$354	$354	$354	$354		$0		$0		$0		$0		$0	$0	$2,125	
Total Administrative	$11,485	$15,528	$16,747	$12,726	$12,325	$16,715		$0		$0		$0		$0		$0	$0	$85,526	

Operating Expenditures																			
Salaries	$13,286	$12,015	$13,478	$12,571	$11,895	$12,260		$0		$0		$0		$0		$0	$0	$75,505	
Administration Fee	$100	$91	$99	$88	$85	$88		$0		$0		$0		$0		$0	$0	$552	
FICA Expense	$914	$805	$915	$993	$882	$909		$0		$0		$0		$0		$0	$0	$5,418	
Health Insurance	$804	$812	$1,653	$1,718	$1,718	$1,718		$0		$0		$0		$0		$0	$0	$8,424	
Workers Compensation	$239	$216	$243	$188	$188	$194		$0		$0		$0		$0		$0	$0	$1,268	
Unemployment	$0	$0	$86	$483	$89	$2		$0		$0		$0		$0		$0	$0	$660	
Other Contractual	$1,008	$857	$933	$1,369	$1,658	$1,368		$0		$0		$0		$0		$0	$0	$7,192	
Marketing- Lifestyle/Amenities	$2,400	$783	$1,437	$1,200	$1,200	$1,503		$0		$0		$0		$0		$0	$0	$8,522	
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	$18,751	$15,579	$18,844	$18,610	$17,715	$18,042		$0		$0		$0		$0		$0	$0	$107,541	

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

Maintenance Expenditures																			
Canal Maintenance	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Lake Bank Restoration	$0	$0	$0	$24,000	$0	$0		$0		$0		$0		$0		$0	$0	$24,000	
Environmental Services	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Water Management System	$8,368	$10,218	$9,768	$9,343	$9,193	$10,903		$0		$0		$0		$0		$0	$0	$57,791	
Midge Control	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Contingencies	$0	$0	$0	$1,200	$0	$0		$0		$0		$0		$0		$0	$0	$1,200	
Fire Line Maintenance	$2,000	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$2,000	
Basin Repair	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Total Maintenance	$10,368	$10,218	$9,768	$34,543	$9,193	$10,903		$0		$0		$0		$0		$0	$0	$84,991	

Grounds Maintenance Expenditures																			
Salaries	$12,209	$10,821	$12,528	$9,815	$10,162	$10,763		$0		$0		$0		$0		$0	$0	$66,298	
Administrative Fees	$200	$182	$163	$212	$171	$176		$0		$0		$0		$0		$0	$0	$1,104	
FICA	$894	$792	$922	$710	$742	$776		$0		$0		$0		$0		$0	$0	$4,836	
Health Insurance	$1,079	$1,630	$1,376	$1,721	$1,721	$1,721		$0		$0		$0		$0		$0	$0	$9,249	
Workers Compensation	$220	$195	$215	$155	$161	$168		$0		$0		$0		$0		$0	$0	$1,113	
Unemployment	$0	$0	$172	$178	$307	$138		$0		$0		$0		$0		$0	$0	$795	
Telephone	$557	$611	$555	$545	$545	$586		$0		$0		$0		$0		$0	$0	$3,399	
Utilities	$904	$830	$684	$847	$779	$458		$0		$0		$0		$0		$0	$0	$4,500	
Property Appraiser	$0	$0	$1,989	$0	$0	$0		$0		$0		$0		$0		$0	$0	$1,989	
Insurance- Property	$220	$220	$220	$220	$220	$220		$0		$0		$0		$0		$0	$0	$1,317	
Repairs	$1,095	$5,140	$454	$47	$1,332	$3,765		$0		$0		$0		$0		$0	$0	$11,832	
Fuel	$2,254	$450	$1,330	$1,497	$1,387	$1,101		$0		$0		$0		$0		$0	$0	$8,019	
Park Maintenance	$0	$0	$146	$468	$1,653	$589		$0		$0		$0		$0		$0	$0	$2,856	
Sidewalk Repair	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Chemicals	$0	$459	$663	$0	$0	$746		$0		$0		$0		$0		$0	$0	$1,869	
Contingencies	$0	$800	$0	$926	$0	$1,100		$0		$0		$0		$0		$0	$0	$2,826	
Refuse	$240	$480	$240	$480	$480	$720		$0		$0		$0		$0		$0	$0	$2,640	
Office Supplies	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Uniforms	$215	$161	$350	$259	$259	$641		$0		$0		$0		$0		$0	$0	$1,884	
Fire Alarm System	$512	$512	$512	$512	$512	$512		$0		$0		$0		$0		$0	$0	$3,069	
Rain Bird Pump System	$2,298	$2,298	$2,528	$2,298	$2,298	$2,298		$0		$0		$0		$0		$0	$0	$14,020	
Park Materials	$0	$1,748	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$1,748	
Total Grounds Maintenance	$22,896	$27,328	$25,045	$20,890	$22,728	$26,476		$0		$0		$0		$0		$0	$0	$145,363	
																			
Total Expenditures	$63,499	$68,652	$70,403	$86,770	$61,960	$72,136		$0		$0		$0		$0		$0	$0	$423,421	
																			
Operating Income (Loss)	($56,762)	$169,592	$423,850	($67,619)	($40,502)	($57,037)		$0		$0		$0		$0		$0	$0	$371,522	

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)	($56,762)	$169,592	$423,850	($67,619)	($40,502)	($57,037)		$0		$0		$0		$0		$0	$0	$371,522	

Viera East Golf Course Month to Month

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

Number of Rounds																		
Paid Rounds	3,263	3,227	3,817	3,732	4,526	4,934		0		0		0		0	0	0	23,499	
Member Rounds	701	814	784	794	870	1,054		0		0		0		0	0	0	5,017	
Comp Rounds	214	329	156	234	142	157		0		0		0		0	0	0	1,232	
EZ Links	0	0	0	0	0	0		0		0		0		0	0	0	-	
GolfNow	308	71	293	178	246	287		0		0		0		0	0	0	1,383	
Revenue per Round																		
Paid Rounds	$40	$40	$40	$46	$46	$47		$0		$0		$0		$0	$0	$0	$259	
Revenues:																		
Greens Fees	$129,023	$129,054	$153,395	$170,075	$207,689	$234,291		$0		$0		$0		$0	$0	$0	$1,023,526	
Gift Cards - Sales	$349	$397	$3,300	$219	$706	$680		$0		$0		$0		$0	$0	$0	$5,650	
Gift Cards - Usage	($1,925)	($281)	($1,538)	($2,627)	($2,218)	($1,556)		$0		$0		$0		$0	$0	$0	($10,145)	
Season Advance/Trail Fees	$20,573	$22,472	$21,895	$24,159	$26,317	$26,856		$0		$0		$0		$0	$0	$0	$142,271	
Associate Memberships	$1,738	$2,565	$3,555	$4,582	$3,792	$4,078		$0		$0		$0		$0	$0	$0	$20,310	
Driving Range	$7,266	$7,328	$10,607	$7,590	$9,971	$11,312		$0		$0		$0		$0	$0	$0	$54,074	
Golf Lessons	$175	$175	$175	$175	$175	$335		$0		$0		$0		$0	$0	$0	$1,210	
Merchandise Sales	$12,204	$7,720	$10,220	$8,083	$10,009	$12,199		$0		$0		$0		$0	$0	$0	$60,434	
Special Assessments - Operations	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519		$0		$0		$0		$0	$0	$0	$9,116	
Miscellaneous Income	$574	$253	$404	$417	$486	$1,291		$0		$0		$0		$0	$0	$0	$3,425	
Total Revenues	$171,495	$171,201	$203,533	$214,192	$258,445	$291,004		$0		$0		$0		$0	$0	$0	$1,309,871	

Golf Course Expenditures:																		
Other Contractual Services	$1,246	$1,763	$609	$1,232	$1,281	$1,268		$0		$0		$0		$0	$0	$0	$7,399	
Telephone/Internet	$106	$106	$106	$106	$106	$171		$0		$0		$0		$0	$0	$0	$701	
Postage	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0	$0	$0	$0	
Printing & Binding	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0	$0	$0	$0	
Utilities	$342	$393	$671	$338	$356	$402		$0		$0		$0		$0	$0	$0	$2,502	
Repairs & Maintenance	$2,527	$2,610	$1,886	$2,006	$2,910	$818		$0		$0		$0		$0	$0	$0	$12,757	
Advertising	$1,735	$1,748	$2,434	$1,739	$1,329	$1,647		$0		$0		$0		$0	$0	$0	$10,631	
Bank Charges	$2,979	$4,423	$4,390	$6,157	$5,709	$4,145		$0		$0		$0		$0	$0	$0	$27,803	
Office Supplies	$636	$129	$340	$238	$230	$640		$0		$0		$0		$0	$0	$0	$2,213	
Operating Supplies	$157	$164	$516	$434	$179	$125		$0		$0		$0		$0	$0	$0	$1,576	
Dues, Licenses & Subscriptions	$180	$0	$388	$0	$7,140	$573		$0		$0		$0		$0	$0	$0	$8,281	
Drug Testing - All Departments	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0	$0	$0	$0	
Training, Education & Employee Relations	$0	$91	$234	$73	$0	$0		$0		$0		$0		$0	$0	$0	$397	
Contractual Security	$0	$0	$268	$151	$0	$0		$0		$0		$0		$0	$0	$0	$419	
IT Services	$810	$0	$575	$1,230	$0	$332		$0		$0		$0		$0	$0	$0	$2,947	
Total Golf Course Expenditures	$10,719	$11,426	$12,416	$13,704	$19,240	$10,120		$0		$0		$0		$0	$0	$0	$77,625	

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

Golf Operations:
Salaries	

$19,463	

$16,253	

$17,856	

$16,580	

$17,980	

$20,943	

$0	

$0	

$0	

$0	

$0	

$0	

$109,074	
Administrative Fee	$1,427	$1,298	$1,510	$1,216	$1,334	$1,353	$0	$0	$0	$0	$0	$0	$8,139	
FICA Expense	$1,475	$1,231	$1,352	$1,256	$1,363	$1,590	$0	$0	$0	$0	$0	$0	$8,267	
Health Insurance	$521	$596	$663	$631	$689	$631	$0	$0	$0	$0	$0	$0	$3,732	
Workers Compensation	$350	$293	$308	$262	$284	$331	$0	$0	$0	$0	$0	$0	$1,828	
Unemployment	$401	$266	$403	$591	$642	$331	$0	$0	$0	$0	$0	$0	$2,634	
Golf Printing	$0	$0	$0	$1,574	$0	$0	$0	$0	$0	$0	$0	$0	$1,574	
Utilities	$342	$2,726	$1,459	$903	$3,212	$2,031	$0	$0	$0	$0	$0	$0	$10,672	
Repairs	$50	$0	$0	$0	$0	$1,396	$0	$0	$0	$0	$0	$0	$1,446	
Pest Control	$122	$95	$99	$95	$95	$95	$0	$0	$0	$0	$0	$0	$601	
Supplies	$508	$1,371	$1,697	$1,906	$910	$423	$0	$0	$0	$0	$0	$0	$6,814	
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	$7,363	$7,072	$6,908	$7,169	$7,333	$7,072	$0	$0	$0	$0	$0	$0	$42,916	
Cart Maintenance	$1,148	$33	$0	$0	$0	$1,260	$0	$0	$0	$0	$0	$0	$2,441	
Driving Range	$0	$3,000	$1,015	$365	$250	$404	$0	$0	$0	$0	$0	$0	$5,035	
Total Golf Operation Expenditures	$33,170	$34,233	$33,270	$32,547	$34,092	$37,860	$0	$0	$0	$0	$0	$0	$205,173	

Merchandise Sales:														
Cost of Goods Sold	$5,774	$4,835	$9,352	$3,250	$9,910	$8,328	$0	$0	$0	$0	$0	$0	$41,449	
Total Merchandise Sales	$5,774	$4,835	$9,352	$3,250	$9,910	$8,328	$0	$0	$0	$0	$0	$0	$41,449	

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

Golf Course Maintenance:																		
Salaries	$38,081	$36,410	$40,894	$34,707	$31,197	$31,610		$0		$0		$0		$0	$0	$0	$212,899	
Administrative Fees	$701	$674	$743	$644	$603	$574		$0		$0		$0		$0	$0	$0	$3,938	
FICA Expense	$2,851	$2,732	$3,065	$2,588	$2,324	$2,359		$0		$0		$0		$0	$0	$0	$15,919	
Employee Insurance	$2,315	$2,739	$2,978	$3,912	$2,877	$2,992		$0		$0		$0		$0	$0	$0	$17,813	
Workers Compensation	$685	$654	$703	$548	$493	$499		$0		$0		$0		$0	$0	$0	$3,581	
Unemployment	$71	$94	$577	$1,158	$824	$466		$0		$0		$0		$0	$0	$0	$3,190	
Fire Alarm System	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0	$0	$0	$0	
Utilities/Water	$1,886	$1,987	$1,957	$1,464	$2,526	$2,357		$0		$0		$0		$0	$0	$0	$12,177	
Repairs	$2,736	$2,093	$3,012	$3,159	$4,577	$1,861		$0		$0		$0		$0	$0	$0	$17,439	
Fuel & Oil	$4,791	$1,084	$2,917	$3,039	$2,577	$2,235		$0		$0		$0		$0	$0	$0	$16,644	
Pest Control	$112	$99	$95	$99	$99	$99		$0		$0		$0		$0	$0	$0	$602	
Irrigation/Drainage	$1,231	$581	$926	$1,039	$1,908	$1,187		$0		$0		$0		$0	$0	$0	$6,871	
Sand and Topsoil	$990	$1,031	$489	$2,858	$1,444	$341		$0		$0		$0		$0	$0	$0	$7,152	
Flower/Mulch	$497	$973	$1,508	$973	$497	$83		$0		$0		$0		$0	$0	$0	$4,531	
Fertilizer	$32,201	$4,395	$11,196	$12,630	$13,609	$15,770		$0		$0		$0		$0	$0	$0	$89,801	
Seed/Sod	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0	$0	$0	$0	
Trash Removal	$207	$414	$0	$243	$207	$207		$0		$0		$0		$0	$0	$0	$1,277	
Contingency	$3,950	$0	$0	$0	$45	$4,200		$0		$0		$0		$0	$0	$0	$8,195	
First Aid	$129	$22	$0	$0	$141	$0		$0		$0		$0		$0	$0	$0	$291	
Office Supplies	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0	$0	$0	$0	
Operating Supplies	$3,147	$1,116	$1,579	$935	$377	$1,058		$0		$0		$0		$0	$0	$0	$8,212	
Training	$0	$886	$0	$45	$78	$145		$0		$0		$0		$0	$0	$0	$1,154	
Janitorial Supplies	$0	$30	$0	$0	$10	$0		$0		$0		$0		$0	$0	$0	$40	
Janitorial Services	$922	$950	$950	$950	$950	$950		$0		$0		$0		$0	$0	$0	$5,672	
Soil & Water Testing	$707	$707	$250	$0	$0	$0		$0		$0		$0		$0	$0	$0	$1,663	
Uniforms	$669	$797	$1,645	$663	$620	$854		$0		$0		$0		$0	$0	$0	$5,249	
Equipment Rental	$34	$33	$34	$34	$31	$34		$0		$0		$0		$0	$0	$0	$201	
Equipment Lease	$8,520	$13,473	$12,789	$14,276	$11,517	$12,180		$0		$0		$0		$0	$0	$0	$72,754	
Small Tools	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0	$0	$0	$0	
Total Golf Course Maintenance	$107,431	$73,972	$88,307	$85,966	$79,527	$82,061		$0		$0		$0		$0	$0	$0	$517,265	

Administrative Expenditures:																		
Legal Fees	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0	$0	$0	$0	
Engineering	$210	$0	$0	$0	$0	$0		$0		$0		$0		$0	$0	$0	$210	
Arbitrage	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0	$0	$0	$0	
Dissemination	$83	$83	$83	$83	$83	$83		$0		$0		$0		$0	$0	$0	$500	
Trustee Fees	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0	$0	$0	$0	
Annual Audit	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0	$0	$0	$0	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690		$0		$0		$0		$0	$0	$0	$28,140	
Insurance	$7,531	$7,531	$7,531	$7,531	$7,531	$8,523		$0		$0		$0		$0	$0	$0	$46,180	
Property Taxes	$0	$870	$740	$5,322	$740	$740		$0		$0		$0		$0	$0	$0	$8,413	
Total Administrative Expenditures	$12,515	$13,174	$13,045	$17,626	$13,045	$14,037		$0		$0		$0		$0	$0	$0	$83,442	
																		
Total Revenues	$171,495	$171,201	$203,533	$214,192	$258,445	$291,004		$0		$0		$0		$0	$0	$0	$1,309,871	
																		
Total Expenditures	$169,608	$137,641	$156,391	$153,094	$155,814	$152,406		$0		$0		$0		$0	$0	$0	$924,953	
																		
Operating Income (Loss)	$1,887	$33,560	$47,143	$61,098	$102,631	$138,599		$0		$0		$0		$0	$0	$0	$384,918	

	October	November	December	January	February	March	April	May	June	July	August	September	Total	
Non Operating Revenues/(Expenditures):
Special Assessments - Debt Service	
$46,688	
$46,688	
$46,688	
$46,688	
$46,688	
$46,688	
$0	
$0	
$0	
$0	
$0	
$0	
$280,129	
Interest Income	$1	$1	$1	$1	$1	$1	$0	$0	$0	$0	$0	$0	$7	
Reserve Funding- Transfer Out (Capital Reserve)	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Reserve Funding- Transfer Out (PY Excess)	$0	$0	($450,000)	$0	$0	$0	$0	$0	$0	$0	$0	$0	($450,000)	
Interfund Transfer In- Restaurant	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Gain on Sale of Asset	$0	$0	$300	$0	$0	$0	$0	$0	$0	$0	$0	$0	$300	
Interest Expense	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	$0	$0	$0	$0	$0	$0	($70,212)	
Principal Expense	($34,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	$0	$0	$0	$0	$0	$0	($211,500)	
Total Non Operating Revenues/(Expenditures)	$571	($429)	($450,130)	($429)	($429)	($430)	$0	$0	$0	$0	$0	$0	($451,277)	
														
Net Non Operating Income / (Loss)	$2,458	$33,131	($402,987)	$60,669	$102,201	$138,169	$0	$0	$0	$0	$0	$0	($66,359)	

Viera East Restaurant Month to Month

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

Revenues:
Food Sales	

$10,435	

$11,776	

$15,252	

$20,215	

$18,898	

$24,805	

$0	

$0	

$0	

$0	

$0	

$0	

$101,381	
Wine Sales	$466	$835	$780	$1,100	$876	$1,114	$0	$0	$0	$0	$0	$0	$5,171	
Beer Sales	$8,602	$8,427	$11,356	$9,879	$13,116	$13,492	$0	$0	$0	$0	$0	$0	$64,874	
Beverage Sales	$1,752	$2,322	$2,933	$2,492	$3,159	$3,642	$0	$0	$0	$0	$0	$0	$16,299	
Liquor Sales	$2,248	$3,991	$6,126	$6,571	$8,673	$7,436	$0	$0	$0	$0	$0	$0	$35,045	
Gift Card Sales	$349	$1,368	$3,782	$219	$706	$680	$0	$0	$0	$0	$0	$0	$7,103	
Gift Cards Usage	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Total Revenues	$23,852	$28,719	$40,230	$40,476	$45,428	$51,169	$0	$0	$0	$0	$0	$0	$229,873	

Restaurant Expenditures:														
Restaurant Manager Contract	$5,417	$5,417	$5,417	$5,417	$5,417	$5,417	$0	$0	$0	$0	$0	$0	$32,500	
Salaries	$9,259	$13,375	$18,409	$9,833	$10,427	$7,608	$0	$0	$0	$0	$0	$0	$68,912	
Administrative Fee	$422	$421	$656	$569	$427	$492	$0	$0	$0	$0	$0	$0	$2,987	
FICA Expense	$801	$1,176	$1,736	$1,200	$1,150	$1,178	$0	$0	$0	$0	$0	$0	$7,241	
Health Insurance	$0	$80	$0	$1,848	$1,639	$1,639	$0	$0	$0	$0	$0	$0	$5,206	
Workers Compensation	$140	$211	$290	$162	$154	$156	$0	$0	$0	$0	$0	$0	$1,113	
Unemployment	$459	$434	$711	$565	$538	$642	$0	$0	$0	$0	$0	$0	$3,349	
Telephone	$349	$246	$246	$246	$246	$340	$0	$0	$0	$0	$0	$0	$1,672	
Utilities	$713	$547	$963	$186	$1,490	$1,117	$0	$0	$0	$0	$0	$0	$5,016	
Pest Control	$122	$95	$95	$95	$95	$95	$0	$0	$0	$0	$0	$0	$597	
Equipment Lease	$101	$100	$101	$100	$100	$101	$0	$0	$0	$0	$0	$0	$604	
Repairs	$1,776	$570	$0	$0	$427	$0	$0	$0	$0	$0	$0	$0	$2,773	
Kitchen Equipment/Supplies	$1,037	$270	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,307	
Paper & Plastic Supplies	$867	$511	$686	$1,028	$473	$977	$0	$0	$0	$0	$0	$0	$4,543	
Operating Supplies	$10,181	$1,846	$2,638	$1,107	$979	$1,822	$0	$0	$0	$0	$0	$0	$18,572	
Food Cost	$2,158	$6,474	$8,355	$7,324	$6,633	$9,708	$0	$0	$0	$0	$0	$0	$40,652	
Snack Cost	$717	$2,152	$192	$86	($1,143)	$2,013	$0	$0	$0	$0	$0	$0	$4,017	
Beer Cost	$1,967	$5,900	$4,876	$4,057	$4,696	$7,127	$0	$0	$0	$0	$0	$0	$28,623	
Beverage Cost	$743	$2,229	$917	$3,040	$434	$2,016	$0	$0	$0	$0	$0	$0	$9,380	
Wine Cost	$190	$570	$304	$720	($79)	$587	$0	$0	$0	$0	$0	$0	$2,293	
Liquor Cost	$616	$1,848	$2,509	$2,320	$2,154	$974	$0	$0	$0	$0	$0	$0	$10,421	
First Aid	$171	$0	$0	$0	$17	$0	$0	$0	$0	$0	$0	$0	$188	
Entertainment	$300	$0	$800	$750	$650	$1,350	$0	$0	$0	$0	$0	$0	$3,850	
Delivery/Gas	$0	$0	$37	$0	$788	$509	$0	$0	$0	$0	$0	$0	$1,334	
Uniforms	$0	$474	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$474	
Dues & License	$455	$599	$959	$49	$1,869	$49	$0	$0	$0	$0	$0	$0	$3,980	
Total Restaurant Expenditures	$38,961	$45,543	$50,895	$40,703	$39,582	$45,918	$0	$0	$0	$0	$0	$0	$261,602	
														
Operating Income (Loss)	($15,109)	($16,824)	($10,665)	($226)	$5,846	$5,250	$0	$0	$0	$0	$0	$0	($31,729)	

Non Operating Revenues/(Expenditures):														
Interfund Transfer out- Golf Course	$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	
														
Net Non Operating Income / (Loss)	($15,109)	($16,824)	($10,665)	($226)	$5,846	$5,250	$0	$0	$0	$0	$0	$0	($31,729)	

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	

$12,204	

$7,720	

$10,220	

$8,083	

$10,009	

$12,199	

$0	

$0	

$0	

$0	

$0	

$0	

$60,434	
Total Revenues	$12,204	$7,720	$10,220	$8,083	$10,009	$12,199	$0	$0	$0	$0	$0	$0	$60,434	

Expenditures														
Cost of Goods Sold	$5,774	$4,835	$9,352	$3,250	$9,910	$8,328	$0	$0	$0	$0	$0	$0	$41,449	
Total Expenditures	$5,774	$4,835	$9,352	$3,250	$9,910	$8,328	$0	$0	$0	$0	$0	$0	$41,449	
														
Operating Income (Loss)	$6,430	$2,885	$868	$4,832	$98	$3,871	$0	$0	$0	$0	$0	$0	$18,985	

Viera East
Community Development District
Special Assessment Receipts - FY2022

Date	Net	Gen Fund	Debt Svc 2006	Rec Fund	Total	
11/10/21	$	66,396	$	15,434	$	39,914	$	11,048	$	66,396	
11/23/21	$	929,820	$	216,143	$	558,959	$	154,718	$	929,820	
12/9/21	$	1,960,557	$	455,745	$	1,178,584	$	326,228	$	1,960,557	
12/21/21	$	141,771	$	32,956	$	85,225	$	23,590	$	141,771	
1/11/22	$	44,584	$	10,364	$	26,801	$	7,419	$	44,584	
2/9/22	$	69,052	$	16,052	$	41,511	$	11,490	$	69,052	
3/9/22	$	22,435	$	5,215	$	13,487	$	3,733	$	22,435	
	$	3,234,615	$	751,909	$	1,944,481	$	538,226	$	3,234,615	

Net
Assessed	
Percentage	Assessments
Collected	Assessments
Transferred	Balance to
Transfer	
						
Debt Service Fund	$	2,089,942	60.11%	$	1,944,481	$	(1,914,001)	$	30,480	
General Fund	$	808,157	23.25%	$	751,909	$	(751,909)	$	-	
Recreation Fund	$	578,489	16.64%	$	538,226	$	(523,003)	$	15,223	
						
	$	3,476,588	100.00%	$	3,234,615	$	(3,188,912)	$	45,703	

Percentage Collected	93.04%

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

	Actuals
3/31/21		Actuals
3/31/22		
Variance		Year to Date
3/31/21		Year to Date
3/31/22		
Variance	

Revenues:
Greens Fees	

$205,130		

$	234,291		

$	29,161		

$	877,247		

$  1,023,526		

$	146,279	
Gift Cards - Sales	$1,059		$	680		$	(379)		$	6,444		$	5,650		$	(795)	
Gift Cards - Usage	($2,014)		($1,556)		$	457		$	(10,960)		$	(10,145)		$	814	
Season Advance/Trail Fees	$21,986		$	26,856		$	4,870		$	126,223		$	142,271		$	16,048	
Associate Memberships	$4,582		$	4,078		$	(504)		$	29,941		$	20,310		$	(9,631)	
Driving Range	$9,812		$	11,312		$	1,499		$	46,550		$	54,074		$	7,525	
Golf Lessons	$175		$	335		$	160		$	1,050		$	1,210		$	160	
Merchandise Sales	$12,288		$	12,199		$	(90)		$	59,594		$	60,434		$	840	
Special Assessments - Operations	$1,519		$	1,519		$	-		$	9,116		$	9,116		$	-	
Miscellaneous Income		$6 		 $	1,291 		 $	1,286 		 $	3,407 		 $	3,425 		 $	18 	
Total Revenues	 $	254,543 		 $	291,004 		 $	36,461 		 $  1,148,613 		 $  1,309,871 		 $	161,259 	
Expenditures:
Golf Course Expenditures	
$	11,309		
$	10,120		
$	1,189		
$64,141		
$	77,625		
$	(13,484)	
Golf Operations	$	32,920		$	37,860		$	(4,940)		$195,497		$	205,173		$	(9,676)	
Merchandise Sales	$	13,366		$	8,328		$	5,039		$42,945		$	41,449		$	1,497	
Golf Course Maintenance	$	72,373		$	82,061		$	(9,688)		$424,391		$	517,265		$	(92,873)	
Administrative	 $	16,364 		 $	14,037 		 $	2,327 			$80,544 		 $	83,442 		 $	(2,899) 	
Total Expenditures	 $	146,333 		 $	152,406 		 $	(6,073) 		 $	807,518 		 $	924,953 		 $	(117,435) 	
Operating Income/(Loss)	 $	108,210 		 $	138,599 		 $	30,388 		 $	341,095 		 $	384,918 		 $	43,823 	

$	116,311	$	103,089	$  119,825	$  156,302	$ 217,174	$ 325,651	

$	469,500	$	507,189	$	509,894	$  500,248	$  463,886	$	440,692	

$	311,658	$	303,009	$  363,588	$  410,971	$ 521,047	$ 667,824	

$	103,089	$	119,825	$  156,302	$  217,174	$ 325,651	$ 469,500	

$	507,189	$	509,894	$	500,248	$  463,886	$  440,692	$	378,369	

Viera East Cash Flow Analysis FY 2022

I. Cash Flows:	Actuals	Projections	
	
October	
November	
December	
January	
February	
March		
April	
May	
June	
July	
August	
September	
Totals	
Starting Funds
Carry Forward
Revenues	
Golf Course
Course Operations
Restaurant	$	195,348	$	199,919	$  243,763	$  254,668	$ 303,873	$ 342,173		$	198,106	$	162,953	$	150,727	$  123,980	$  137,162	$	97,999	$  2,410,671	
	$	171,495	$	171,201	$  203,533	$  214,192	$ 258,445	$ 291,004		$	195,506	$	160,895	$	149,037	$  122,418	$  135,880	$	96,579	$  2,170,186	
	$	23,852	$	28,719	$	40,230	$	40,476	$  45,428	$  51,169		$	2,600	$	2,058	$	1,690	$	1,562	$	1,282	$	1,420	$	240,485	

Total All Cash		
	$	667,605	$	670,143	$	660,621	$  624,228	$  601,049	$	538,691	$  2,410,671	

Expenses	
Golf Course
Course Operations
Restaurant	$	208,569	$	183,184	$  207,286	$  193,796	$ 195,396	$ 198,324		$	160,416	$	160,249	$	160,373	$  160,341	$  160,357	$	160,321	$  2,148,613	
	$	169,608	$	137,641	$  156,391	$  153,094	$ 155,814	$ 152,406		$	160,179	$	160,054	$	160,194	$  160,194	$  160,194	$	160,205	$  1,885,973	
	$	38,961	$	45,543	$	50,895	$	40,703	$  39,582	$  45,918		$	237	$	194	$	180	$	147	$	163	$	116	$	262,640	

Cash Less Expenses

Projected Revenues FY 2022	$  2,410,671
Projected Expenses FY 2022	 $  2,148,613 
Projected Surplus(Deficit) FY 2022	 $	262,059 	

PY
Monthly	
PY
Year to Date	
Vs. PY
Monthly	
Vs. PY
Year to Date	
$42,700	$174,206	($3,848)	($411)	
$35,765	$160,360	$5,631	$28,901	
$101,990	$380,941	$22,059	$109,292	
$21,251	$161,294	$7,668	($3,954)	
$0	$0	$0	$0	
$0	$0	$0	$0	
($2,077)	($14,288)	($3,536)	($586)	

$199,629	
$862,513	
$27,974	
$133,242	

PY	PY	
Vs. PY	Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$45.52	$42.38	$2.03	$0.61	
$36.31	$34.57	$1.43	$0.21	
$43.29	$40.70	$4.06	$2.77	
$43.55	$38.96	$7.73	$7.90	
#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	
#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	
$36.44	$31.54	($4.36)	($1.85)	
$42.38	$39.57	$3.85	$2.59	
PY	PY	Vs. PY	Vs. PY
Monthly	Year to Date
$4,870	$16,046
$3.67	$3.60	
Monthly	Year to Date		
$21,986	$126,222		
$21.81	$24.97		

Viera East Community Development District
Detailed Rounds of Golf Report
Mar-22

PY	PY
Monthly	Year to Date	
Vs. PY	Vs. PY
Monthly	Year to Date	
938	4,111
985	4,639
2,356	9,359
488	4,140
0	0
0	0
(57)	(453)	(121)	(68)
112	803
264	1,918
76	(782)
0	0
0	0
(118)	(48)
213	1,823

46	(76)
46	(76)

29	16
(58)	(312)
(29)	(296)

(17)	(6)

213	1,445	
4,710	21,796		
1,008	5,055		
1,008	5,055		
74	519
112	597		
186	1,116		
304	1,701		
6,208	29,668		

Rounds of Golf
Monthly	Year to Date	
Paid Rounds					
Rounds of Golf- Associate Member	817	13%	4,043	13%	
Rounds of Golf- CDD Resident	1,097	17%	5,442	17%	
Rounds of Golf - Public	2,620	41%	11,277	36%	
Rounds of Golf - Golf Now / EZ Links	564	9%	3,358	11%	
Rounds of Golf- Tournaments	-	0%	-	0%	
Rounds of Golf- Misc	-	0%	-	0%	
Rain Check Issued	(175)	-3%	(501)	-2%	
Total Paid Rounds	4,923		23,619		
Member Rounds					
Rounds of Golf - Members		1,054 	16%		4,979 	16%	
Total Member Rounds	1,054		4,979		
Comp Rounds					
Rounds of Golf- Staff/Comp	103	2%	535	2%	
Rounds of Golf- Other Comp	54	1%	285	1%	
Total Comp Rounds	157		820		
Rounds of golf - GolfNow/EZ Links		287 	4%		1,695 	5%	
TOTAL ROUNDS OF GOLF	6,421	100%	31,113	100%	
					
Revenues					
	Monthly		Year to Date		
Greens Fee Revenue					
Rounds of Golf- Associate Member	$38,852	17%	$173,795	17%	
Rounds of Golf- CDD Resident	$41,396	18%	$189,261	19%	
Rounds of Golf - Public	$124,049	55%	$490,233	49%	
Rounds of Golf - Golf Now / EZ Links	$28,919	13%	$157,340	16%	
Rounds of Golf- Tournaments	$0	0%	$0	0%	
Rounds of Golf- Misc	$0	0%	$0	0%	
Rain Check Issued	($5,613)	-2%	($14,874)	-1%	

TOTAL GREENS FEE REVENUE	
$227,603	
100%	
$995,755	
100%	
					
Average $ per Round of Golf					
	Monthly		Year to Date		
Average $ per round of Golf					
Rounds of Golf- Associate Member	$47.55		$42.99		
Rounds of Golf- CDD Resident	$37.74		$34.78		
Rounds of Golf - Public	$47.35		$43.47		
Rounds of Golf - Golf Now / EZ Links	$51.27		$46.86		
Rounds of Golf- Tournaments	$0.00		$0.00		
Rounds of Golf- Misc	$0.00		$0.00		
Rain Check Issued	$32.07		$29.69		
TOTAL - Average $ per round of Golf	$46.23		$42.16		
					
	Monthly		Year to Date		
Membership Revenue		$26,856 			$142,268 		
Average $ per round of Golf	$25.48		$28.57		

PY - PREVIOUS YEAR