Viera East
Community Development District

Unaudited Financial Reporting
July 31, 2021

	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	

14-15	

Month by Month- General Fund	

16-18	

Month by Month- Golf Course	

19	

Month by Month- Proshop	

20	
Long Term Debt Report	

21	
FY2021 Tax Receipt Schedule	

Viera East
Community Development District
Combined Balance Sheet July 31, 2021

	Governmental Fund Types

General 	Capital Reserve	

Debt Service	

Capital Projects	
 Golf  Course/Recreation 	
Totals
 (memorandum only) 	
Assets						
Operating Account	$440,820	$121,544	----	----	$697,433	$1,259,797	
Accounts Receivable	----	----	----	----	($221)	($221)	
Rent Receivable	----	----	----	----	$2,187	$2,187	
Due From Golf Course	$61,708	$5,946	----	----	----	$67,655	
Due From General Fund	----	$231	$24,831	----	$115,262	$140,324	
Due From Capital Reserve	$209	----	----	----	$9,674	$9,883	
Due from Debt Service	$11,030	----	----	----	$22,922	$33,953	
Due from Other	----	----	----	----	$3,097	$3,097	
Due from Capital Projects	----	$25,374	----	----	$750	$26,124	
Inventory - Pro Shop	----	----	----	----	$32,905	$32,905	
Investments:						
State Board	----	$103,147	----	----	----	$103,147	
Benefit Assessment- Series 2012	----	----	----	----	$4,118	$4,118	
Reserve - Series 2012	----	----	----	----	$9	$9	
Bond Service- Series 2012	----	----	----	----	$280,129	$280,129	
Bond Service- Series 2006	----	----	$467,419	----	----	$467,419	
Reserve- Series 2020	----	----	$234,602	----	----	$234,602	
Temporary Interest Series 2020	----	----	$270,940	----	----	$270,940	
Project- Series 2020	----	----	----	$4,376,674	----	$4,376,674	
Improvements (Net of Depreciation)	----	----	----	----	$1,130,856	$1,130,856	
Prepaid Expenses- Debt	----	----	----	----	$106,250	$106,250	
Prepaid Expenses- Operations	$3,500	----	----	----	$62,319	$65,820	
Total Assets	$517,268	$256,243	$997,792	$4,376,674	$2,467,690	$8,615,667	
Liabilities						
Accounts Payable	$9,606	----	----	----	$11,220	$20,826	
Accrued Expenses	$3,684	----	----	----	$12,061	$15,744	
Deferred Revenue- Season Advance	----	----	----	----	$68,994	$68,994	
Deferred Revenue- Special Assessments O&M	----	----	----	----	$3,039	$3,039	
Deferred Revenue- Special Assessments Debt	----	----	----	----	$117,012	$117,012	
Deposit-Divots Grill	----	----	----	----	$2,000	$2,000	
Due to General Fund	----	$209	$11,030	----	$61,708	$72,948	
Accrued Interest Payable	----	----	----	----	$77,364	$77,364	
Sales Tax Payable	----	----	----	----	$183	$183	
Event Deposits	----	----	----	----	$910	$910	
Due to Golf Course	$115,262	$9,674	$22,922	----	----	$147,859	
Due to Debt Service	$24,831	----	----	----	----	$24,831	
Due to Capital Reserve	$231	----	----	$25,374	$5,946	$31,552	
Accrued Payroll Payable	$9,021	----	----	----	$19,906	$28,927	
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	----	----	----	----	($632,808)	($632,808)	
Fund Balances						
Assigned - First Quarter	$176,000	----	----	----	----	$176,000	
Nonspendable - Prepaid Expense	$3,500	----	----	----	----	$3,500	
Unassigned	$175,133	----	----	----	----	$175,133	
Assigned- Capital Reserve Fund	----	$246,359	----	----	----	$246,359	
Restricted for Capital Projects	----	----	----	$4,351,300	----	$4,351,300	
Restricted for Debt Service	----	----	$963,839	----	----	$963,839	
Total Liabilities, Fund Equity, Other	$517,268	$256,243	$997,792	$4,376,674	$2,467,690	$8,615,667	

Revenues		
Maintenance Assessments	$808,157	$808,157	$808,157	$0	
Golf Course Administrative Services	$56,280	$46,900	$46,900	$0	
Donations for Park Material	$0	$0	$2,000	$2,000	
Interest Income	$100	$83	$4	($80)	
Total Revenues	$864,536	$855,139	$857,061	$1,921	

Administrative Expenditures					
Supervisors Fees	$30,496	$25,413	$25,367	$47	
Engineering Fees	$5,000	$4,167	$1,815	$2,352	
Attorney's Fees	$5,000	$4,167	$11,698	($7,531)	
Dissemination	$1,000	$833	$833	$0	
Trustee Fees	$5,600	$4,667	$5,836	($1,169)	
Annual Audit	$6,500	$5,417	$2,750	$2,666	
Collection Agent	$2,500	$2,083	$2,084	($0)	
Management Fees	$100,440	$83,700	$83,700	$0	
Postage	$1,500	$1,250	$2,090	($840)	
Printing & Binding	$2,500	$2,083	$1,102	$982	
Insurance- Liability	$7,475	$6,229	$7,300	($1,071)	
Legal Advertising	$1,500	$1,250	$2,037	($787)	
Other Current Charges	$1,500	$1,250	$358	$892	
Office Supplies	$1,500	$1,250	$132	$1,118	
Dues & Licenses	$175	$146	$146	($0)	
Information Technology	$3,400	$2,833	$2,833	$0	
Total Administrative	$176,086	$146,739	$150,081	($3,342)	

Operating Expenditures		
Salaries	$149,299	$124,416	$121,281	$3,135	
Administrative Fee	$1,659	$1,383	$1,730	($348)	
FICA Expense	$11,421	$9,518	$7,756	$1,762	
Employee Insurance	$16,914	$14,095	$13,144	$951	
Workers Compensation	$2,926	$2,438	$3,099	($661)	
Unemployment	$853	$711	$992	($281)	
Other Contractual	$7,500	$6,250	$7,239	($989)	
Training	$500	$417	$0	$417	
Uniforms	$500	$417	$0	$417	
Total Operating	$191,572	$159,643	$155,242	$4,401	

Maintenance Expenditures					
Canal Maintenance	$14,000	$11,667	$0	$11,667	
Lake Bank Restoration	$60,000	$60,000	$57,000	$3,000	
Environmental Services	$20,000	$16,667	$2,996	$13,671	
Water Management System	$99,000	$82,500	$89,577	($7,077)	
Control Burns	$15,000	$12,500	$2,790	$9,710	
Contingencies	$2,000	$1,667	$0	$1,667	
Fire Line Maintenance	$3,000	$2,500	$800	$1,700	
Basin Repair	$4,000	$3,333	$0	$3,333	
Total Maintenance	$217,000	$190,833	$153,163	$37,670	

Grounds Maintenance Expenditures		
Salaries	$140,787	$117,323	$108,822	$8,501	
Administrative Fees	$3,684	$3,070	$2,702	$368	
FICA	$10,770	$8,975	$8,013	$962	
Health Insurance	$18,818	$15,682	$13,442	$2,240	
Workers Compensation	$2,759	$2,299	$2,753	($454)	
Unemployment	$2,120	$1,767	$1,745	$22	
Telephone	$6,250	$5,208	$5,125	$83	
Utilities	$5,500	$4,583	$5,797	($1,214)	
Property Appraiser	$1,990	$1,990	$1,989	$2	
Insurance	$1,663	$1,386	$1,249	$137	
Repairs	$15,000	$12,500	$16,206	($3,706)	
Fuel	$10,000	$8,333	$11,661	($3,327)	
Park Maintenance	$2,500	$2,083	$4,101	($2,017)	
Sidewalk Maintenance	$5,000	$4,167	$0	$4,167	
Chemicals	$4,000	$3,333	$1,924	$1,409	
Contingencies	$4,000	$4,000	$6,244	($2,244)	
Refuse	$6,000	$5,000	$3,840	$1,160	
Office Supplies	$750	$750	$765	($15)	
Uniforms	$3,000	$2,500	$2,064	$436	
Fire Alarm System	$6,500	$5,417	$6,292	($875)	
Rain Bird Pump System	$27,576	$22,980	$23,444	($464)	
Park Materials	$0	$0	$2,347	($2,347)	
Total Grounds Maintenance	$278,667	$233,346	$230,524	$2,821	
					
Total Expenditures	$863,325	$730,561	$689,010	$41,551	
					
Operating Income (Loss)	$1,211	$124,578	$168,050	$43,472	

Non Operating Revenues/(Expenditures)					
Reserve Funding- Transfer Out (Capital Reserve)	($1,211)	($750)	($750)	$0	
Reserve Funding- Transfer Out (Excess)	$0	$0	$0	$0	
Total Non Operating Revenues/(Expenditures)	($1,211)	($750)	($750)	$0	
					
Excess Revenue/(Expenditures)	($0)	$123,828	$167,300	$43,472	
					
Beginning Fund Balance	$0		$187,333		
					
Ending Fund Balance	$0		$354,633		

Capital Reserve Fund Statement of Revenues & Expenditures
For Period Ending July 31, 2021

Adopted
Budget

Prorated Budget
7/31/21

Actual
7/31/21

Variance

Revenues

Interest Income	$2,500	$2,083	$127	($1,956)	
Reserve Funding - Transfer In (General)	$1,211	$750	$750	$0	
Reserve Funding - Transfer In (Golf)	$31,219	$19,326	$19,326	$0	
Reserve Funding - Transfer In (General Excess)	$0	$0	$0	$0	
Total Revenues	$34,930	$22,159	$20,203	($1,956)	

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)		($52,618)		
					
Beginning Fund Balance	$229,102		$298,978		
					
Ending Fund Balance	$139,032		$246,359		

Viera East Community Development District
Capital Reserve Fund Capital Outlay Check Register Detail
For Period Ending July 31, 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 July 31, 2021

Adopted
Budget

Prorated Budget
7/31/21

Actual
7/31/21

Variance

Revenues

Special Assessments	$2,376,297	$2,376,297	$2,376,297		$0 Interest Income		$1,500		$1,250		$49	($1,201)

$2,377,797	$2,377,547	$2,376,346	($1,201)

Total Revenues

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

$2,393,288	$2,393,288	$2,393,288	$0

Total Expenditures

($15,491)	($16,941)

Excess Revenues/(Expenditures)

$522,357	$475,238

Beginning Fund Balance

$506,866	$458,297

Ending Fund Balance

Debt Service Fund Series 2020 Statement of Revenues & Expenditures For Period Ending July 31, 2021

Adopted
Budget

Prorated Budget
7/31/21

Actual
7/31/21

Variance

Revenues

Interest Income	$1,000	$833	$24	($809)	
Total Revenues	$1,000	$833	$24	($809)	

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)		($142,962)		
					
Beginning Fund Balance	$648,505		$648,505		
					
Ending Fund Balance	$506,518		$505,542		

Capital Projects Fund Series 2020 Statement of Revenues & Expenditures For Period Ending July 31, 2021

Actual
7/31/21

Revenues

Interest Income	$222

$222

Total Revenues

Expenditures

Capital Outlay	$1,738,473
Cost of Issuance	$0

$1,738,473

Total Expenditures

($1,738,251)

Excess Revenues/(Expenditures)

$6,089,551

Beginning Fund Balance

$4,351,300

Ending Fund Balance

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

Number of Rounds
Paid Rounds	
35,250	
3,114	
2,260	
854	
38,608	
30,967	
7,641	
Member Rounds	10,000	625	641	(16)	8,677	8,785	(108)	
Comp Rounds	3,000	125	192	(67)	1,764	2,636	(872)	
EZ Links	3,000	0	192	(192)	-	2,569	(2,569)	
GolfNow	2,000	315	128	187	2,860	1,757	1,103	
Total Memberships	60	3	-	3	68	60	8	
Revenue per Round								
Paid Rounds	$40	$32	$37	($5)	$36	$41	($5)	
Revenues								
Greens Fees/Cart Fees	$1,426,357	$98,191	$82,729	$15,463	$1,400,964	$1,265,892	$135,072	
Gift Cards - Sales	$25,000	$1,128	$1,450	($322)	$9,711	$22,188	($12,477)	
Gift Cards - Usage	($25,000)	($681)	($1,450)	$769	($17,191)	($22,188)	$4,996	
Season Advance/Trail Fees	$210,000	$17,574	$12,180	$5,394	$198,038	$186,375	$11,663	
Associate Memberships	$42,000	$553	$2,436	($1,883)	$37,367	$37,275	$92	
Driving Range	$80,000	$6,657	$4,640	$2,017	$77,922	$71,000	$6,922	
Golf Lessons	$2,100	$175	$122	$53	$1,750	$1,864	($114)	
Merchandise Sales	$115,000	$11,826	$6,670	$5,156	$104,505	$102,063	$2,442	
Restaurant	$20,000	$2,373	$1,160	$1,213	$31,237	$17,750	$13,487	
Special Assessments - Operations	$18,239	$1,519	$1,521	($2)	$15,193	$15,197	($4)	
Miscellaneous Income	$15,000	$737	$1,251	($514)	$4,964	$12,498	($7,534)	
Total Revenues	$1,928,696	$140,052	$112,709	$27,344	$1,864,459	$1,709,913	$154,547	

Golf Course Expenditures								
Other Contractual Services	$15,000	$1,733	$1,251	($482)	$13,291	$12,498	($793)	
Telephone/Internet	$5,500	$228	$459	$231	$1,182	$4,583	$3,401	
Postage	$2,000	$0	$167	$167	$1,623	$1,666	$44	
Printing & Binding	$1,000	$0	$83	$83	$0	$833	$833	
Utilities	$15,900	$1,298	$1,326	$28	$12,789	$13,248	$459	
Repairs & Maintenance	$8,000	$2,742	$667	($2,075)	$11,299	$6,666	($4,633)	
Advertising	$45,000	$2,397	$3,753	$1,357	$14,749	$37,494	$22,745	
Bank Charges	$35,000	$3,719	$2,919	($800)	$40,000	$29,162	($10,838)	
Office Supplies	$4,000	$610	$334	($276)	$2,590	$3,333	$743	
Operating Supplies	$5,000	$428	$417	($11)	$3,559	$4,166	$607	
Dues, Licenses & Subscriptions	$8,000	$2,912	$667	($2,245)	$8,194	$6,666	($1,528)	
Drug Testing - All Departments	$500	$195	$42	($153)	$681	$417	($264)	
Training, Education & Employee Relations	$3,000	$300	$250	($50)	$1,655	$2,500	$844	
Contractual Security	$3,000	$196	$250	$54	$3,594	$2,500	($1,094)	
IT Services	$3,000	$0	$250	$250	$2,367	$2,500	$133	
Total Golf Course Expenditures	$153,900	$16,757	$12,835	($3,921)	$117,572	$128,229	$10,658	

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

Restaurant Expenditures
Pest Control	
$1,200	
$95	
$77	
($18)	
$1,046	
$1,054	
$8	
Equipment Lease	$1,100	$99	$71	($29)	$1,067	$966	($101)	
Total Restaurant Expenditures	$2,300	$194	$147	($47)	$2,113	$2,021	($93)	

Golf Operation Expenditures								
Salaries	$210,900	$16,244	$17,574	$1,331	$169,291	$175,743	$6,452	
Administrative Fee	$19,957	$1,293	$1,663	$370	$14,038	$16,630	$2,592	
FICA Expense	$16,547	$1,243	$1,379	$136	$12,951	$13,789	$838	
Health Insurance	$707	$19	$59	$40	$312	$589	$277	
Workers Compensation	$4,239	$292	$353	$61	$4,294	$3,532	($761)	
Unemployment	$12,786	$460	$1,065	$605	$7,153	$10,655	$3,502	
Golf Printing	$2,200	$0	$183	$183	$2,414	$1,833	($581)	
Utilities	$22,500	$1,837	$1,875	$38	$16,958	$18,750	$1,792	
Repairs	$250	$0	$21	$21	$387	$208	($179)	
Pest Control	$1,200	$95	$100	$5	$1,046	$1,000	($46)	
Supplies	$10,000	$1,488	$833	($655)	$11,400	$8,333	($3,067)	
Uniforms	$1,500	$0	$125	$125	$0	$1,250	$1,250	
Training, Education & Employee Relations	$2,000	$0	$167	$167	$0	$1,667	$1,667	
Fuel	$500	$0	$42	$42	$0	$417	$417	
Cart Lease	$99,000	$7,169	$8,250	$1,081	$75,288	$82,500	$7,212	
Cart Maintenance	$4,000	$124	$333	$209	$5,094	$3,333	($1,761)	
Driving Range	$10,000	$550	$833	$283	$2,640	$8,333	$5,693	
Total Golf Operation Expenditures	$418,286	$30,814	$34,856	$4,042	$323,266	$348,563	$25,297	

Merchandise Sales								
Cost of Goods Sold	$77,000	$5,367	$6,417	$1,049	$68,299	$64,167	($4,132)	
Total Merchandise Sales	$77,000	$5,367	$6,417	$1,049	$68,299	$64,167	($4,132)	

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

Golf Course Maintenance
Salaries	
$452,632	
$34,645	
$37,719	
$3,075	
$332,989	
$377,193	
$44,205	
Administrative Fees	$11,919	$738	$993	$256	$8,641	$9,933	$1,292	
FICA Expense	$3,756	$2,636	$313	($2,323)	$24,505	$3,130	($21,375)	
Employee Insurance	$49,336	$2,640	$4,111	$1,472	$31,813	$41,113	$9,301	
Workers Compensation	$11,023	$616	$919	$302	$8,395	$9,186	$791	
Unemployment	$8,170	$81	$681	$600	$6,019	$6,808	$789	
Consulting Fees	$6,000	$0	$500	$500	$2,000	$5,000	$3,000	
Fire Alarm System	$4,000	$0	$333	$333	$557	$3,333	$2,777	
Utilities/Water	$26,200	$2,396	$2,183	($212)	$23,014	$21,833	($1,180)	
Repairs	$48,000	$1,754	$4,000	$2,246	$31,848	$40,000	$8,152	
Fuel & Oil	$40,000	$4,836	$3,333	($1,503)	$24,257	$33,333	$9,076	
Pest Control	$1,000	$88	$83	($4)	$964	$833	($131)	
Irrigation/Drainage	$30,000	$1,790	$2,500	$710	$12,396	$25,000	$12,604	
Sand and Topsoil	$26,500	$780	$2,208	$1,429	$7,155	$22,083	$14,928	
Flower/Mulch	$7,000	$43	$583	$541	$3,222	$5,833	$2,611	
Fertilizer	$139,000	$11,710	$11,583	($127)	$59,606	$115,833	$56,227	
Seed/Sod	$16,500	$0	$1,375	$1,375	$1,681	$13,750	$12,069	
Trash Removal	$2,000	$402	$167	($235)	$2,248	$1,667	($581)	
Contingency	$6,000	$976	$500	($476)	$2,209	$5,000	$2,791	
First Aid	$800	$0	$67	$67	$432	$667	$234	
Office Supplies	$1,000	$0	$83	$83	$0	$833	$833	
Operating Supplies	$15,000	$312	$1,250	$938	$5,256	$12,500	$7,244	
Training	$1,000	$0	$83	$83	$1,506	$833	($672)	
Janitorial Supplies	$1,000	$0	$83	$83	$473	$833	$361	
Soil & Water Testing	$1,000	$0	$83	$83	$0	$833	$833	
Uniforms	$8,500	$577	$708	$131	$6,530	$7,083	$553	
Equipment Rental	$2,000	$34	$167	$132	$162	$1,667	$1,504	
Equipment Lease	$165,000	$13,903	$13,750	($153)	$129,182	$137,500	$8,318	
Small Tools	$500	$0	$42	$42	$0	$417	$417	
Total Golf Course Maintenance	$1,084,836	$80,954	$90,403	$9,449	$727,059	$904,030	$176,971	

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

Administrative Expenditures
Legal Fees	
$1,500	
$0	
$125	
$125	
$0	
$1,250	
$1,250	
Arbitrage	$600	$62	$50	($12)	$316	$500	$184	
Dissemination	$1,000	$83	$83	$0	$833	$833	$0	
Trustee Fees	$4,100	$339	$342	$2	$3,752	$3,417	($335)	
Annual Audit	$1,500	$125	$125	$0	$1,250	$1,250	$0	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	$46,900	$46,900	$0	
Insurance	$77,000	$7,241	$6,417	($824)	$67,510	$64,167	($3,344)	
Property Taxes	$15,000	$1,621	$1,250	($371)	$16,921	$12,500	($4,421)	
Total Administrative Expenditures	$156,980	$14,161	$13,082	($1,080)	$137,483	$130,817	($6,666)	
								
Total Revenues	$1,928,696	$140,052	$112,709	$27,344	$1,864,459	$1,709,913	$154,547	
								
Total Expenditures	$1,893,302	$148,248	$157,740	$9,493	$1,375,791	$1,577,826	$202,035	
								
Operating Income (Loss)	$35,394	($8,195)	($45,032)	$36,836	$488,668	$132,087	$356,581	
Non Operating Revenues/(Expenditures)								
Special Assessments	$560,250	$46,688	$46,688	($0)	$466,875	$466,875	($0)	
Interest Income	$1,000	$3	$83	($80)	$14	$833	($819)	
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	($19,326)	($19,326)	$0	
Interest Expense	($140,425)	($11,702)	($11,702)	$0	($117,021)	($117,021)	$0	
Principal Expense	($425,000)	($35,417)	($35,417)	($0)	($354,167)	($354,167)	($0)	
Total Non Operating Revenues/(Expenditures)	($35,394)	($3,401)	($2,950)	$291	($23,579)	($22,805)	($774)	
								
Change in Net Assets	$0	($11,597)	($47,981)	$37,128	$465,089	$109,281	$355,807	
								
Beginning Net Assets	$0	----	----	----	($1,097,897)	----	----	
								
Ending Net Assets	$0	----	----	----	($632,808)	----	----	

	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	$4,690		$0	$0	$46,900	
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	$4,690		$0	$0	$857,061	

Administrative Expenditures															
Supervisors Fees	$2,678	$2,384	$2,900	$1,415	$2,328	$2,561	$3,841	$2,561	$2,473	$2,226		$0	$0	$25,367	
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	$1,047	$3,763	$0	$0		$0	$0	$11,698	
Dissemination	$83	$83	$83	$83	$83	$83	$83	$83	$83	$83		$0	$0	$833	
Trustee Fees	$467	$467	$467	$467	$467	$467	$467	$1,040	$765	$765		$0	$0	$5,836	
Annual Audit	$275	$275	$275	$275	$275	$275	$275	$275	$275	$275		$0	$0	$2,750	
Collection Agent	$208	$208	$208	$208	$208	$208	$208	$208	$208	$208		$0	$0	$2,084	
Management Fees	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370		$0	$0	$83,700	
Postage	$364	$198	$138	$324	$52	$585	$35	$81	$311	$2		$0	$0	$2,090	
Printing & Binding	$206	$70	$125	$50	$212	$87	$121	$88	$74	$70		$0	$0	$1,102	
Insurance- Liability	$608	$608	$608	$1,358	$608	$1,075	$608	$608	$608	$608		$0	$0	$7,300	
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	$23		$0	$0	$358	
Office Supplies	$20	$20	$20	$20	$0	$12	$10	$10	$10	$10		$0	$0	$132	
Dues & Licenses	$15	$15	$15	$15	$15	$15	$15	$15	$15	$15		$0	$0	$146	
Information Technology	$283	$283	$283	$283	$283	$283	$283	$283	$283	$283		$0	$0	$2,833	
Total Administrative	$13,953	$13,011	$15,550	$13,307	$17,974	$15,265	$16,077	$18,176	$13,831	$12,938		$0	$0	$150,081	

Operating Expenditures															
Salaries	$11,153	$13,540	$12,302	$12,301	$11,077	$11,947	$11,129	$13,551	$11,933	$12,349		$0	$0	$121,281	
Administration Fee	$556	$157	$143	$143	$129	$139	$129	$148	$91	$94		$0	$0	$1,730	
FICA Expense	$382	$928	$843	$845	$563	$788	$808	$931	$820	$848		$0	$0	$7,756	
Health Insurance	$1,281	$1,281	$1,281	$1,359	$1,319	$1,319	$1,319	$1,402	$1,299	$1,283		$0	$0	$13,144	
Workers Compensation	$305	$218	$336	$336	$500	$359	$304	$305	$215	$222		$0	$0	$3,099	
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	$1,121		$0	$0	$7,239	
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	$15,917		$0	$0	$155,242	

	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	$184		$0	$0	$2,996	
Water Management System	$7,887	$8,087	$13,107	$8,087	$7,833	$9,341	$7,887	$8,486	$10,278	$8,582		$0	$0	$89,577	
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	$8,766		$0	$0	$153,163	

Grounds Maintenance Expenditures															
Salaries	$10,364	$12,255	$11,279	$11,316	$9,888	$10,604	$9,665	$12,055	$10,620	$10,776		$0	$0	$108,822	
Administrative Fees	$288	$409	$318	$298	$241	$258	$241	$277	$182	$190		$0	$0	$2,702	
FICA	$780	$907	$832	$829	$723	$775	$723	$881	$776	$787		$0	$0	$8,013	
Health Insurance	$1,452	$1,428	$1,265	$1,344	$1,404	$1,357	$1,380	$1,391	$1,350	$1,071		$0	$0	$13,442	
Workers Compensation	$283	$335	$308	$309	$270	$290	$264	$310	$191	$194		$0	$0	$2,753	
Unemployment	$21	$25	$202	$650	$401	$272	$64	$73	$31	$5		$0	$0	$1,745	
Telephone	$633	$544	$554	$551	$563	$563	$572	$579	$567	$0		$0	$0	$5,125	
Utilities	$506	$780	$534	$536	$594	$699	$523	$466	$729	$430		$0	$0	$5,797	
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	$125		$0	$0	$1,249	
Repairs	$3,081	$837	$1,593	$1,696	$724	$2,634	$3,079	$1,166	$938	$458		$0	$0	$16,206	
Fuel	$1,442	$531	$511	$158	$1,837	$1,064	$1,026	$566	$1,523	$3,003		$0	$0	$11,661	
Park Maintenance	$0	$0	$480	$0	$280	$0	$20	$2,403	$660	$258		$0	$0	$4,101	
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	$283		$0	$0	$1,924	
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	$240		$0	$0	$3,840	
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	$196		$0	$0	$2,064	
Fire Alarm System	$512	$588	$512	$512	$512	$512	$1,611	$0	$1,023	$512		$0	$0	$6,292	
Rain Bird Pump System	$2,298	$2,298	$2,528	$2,298	$2,298	$2,298	$2,298	$2,298	$2,528	$2,298		$0	$0	$23,444	
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	$21,629	$20,826		$0	$0	$230,524	
															
Total Expenditures	$76,391	$100,571	$70,072	$63,356	$62,484	$64,378	$62,911	$69,461	$60,939	$58,447		$0	$0	$689,010	
															
Operating Income (Loss)	($71,701)	$100,912	$437,739	($20,619)	($50,413)	($50,701)	($35,406)	($40,201)	($47,804)	($53,757)		$0	$0	$168,050	

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

$0	

$0	

$0	

$0	

$0	

($202)	

($202)	

($115)	

($115)	

($115)		

$0	

$0	

($750)	
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)	($115)		$0	$0	($750)	
															
Excess Revenue/(Expenditures)	($71,701)	$100,912	$437,739	($20,619)	($50,413)	($50,902)	($35,607)	($40,316)	($47,920)	($53,872)		$0	$0	$167,300	

	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	

3,114	

0	

0	

38,608	
Member Rounds	701	666	816	1,012	836	1,008	854	800	779	625	0	580	8,677	
Comp Rounds	237	152	234	239	182	196	143	124	132	125	0	0	1,764	
EZ Links	0	0	0	0	0	0	0	0	0	0	0	0	-	
GolfNow	285	256	293	313	250	304	264	302	278	315	0	0	2,860	
Revenue per Round
Paid Rounds	
$33	
$37	
$37	
$43	
$45	
$43	
$39	
$31	
$25	
$0	
$0	
$0	
$333	
Revenues:
Greens Fees	
$107,375	
$107,634	
$130,099	
$165,174	
$161,835	
$205,130	
$165,529	
$133,782	
$126,214	
$98,191	
$0	
$0	
$1,400,964	
Gift Cards - Sales	$458	$636	$3,462	$433	$398	$1,059	$862	$570	$706	$1,128	$0	$0	$9,711	
Gift Cards - Usage	($803)	($482)	($2,812)	($3,031)	($1,817)	($2,014)	($2,108)	($1,899)	($1,544)	($681)	$0	$0	($17,191)	
Season Advance/Trail Fees	$18,051	$20,606	$22,572	$21,363	$21,645	$21,986	$18,207	$13,213	$22,821	$17,574	$0	$0	$198,038	
Associate Memberships	$3,950	$3,081	$4,661	$7,900	$5,767	$4,582	$3,160	$1,580	$2,133	$553	$0	$0	$37,367	
Driving Range	$5,963	$6,015	$8,358	$8,857	$7,544	$9,812	$7,463	$9,384	$7,869	$6,657	$0	$0	$77,922	
Golf Lessons	$175	$175	$175	$175	$175	$175	$175	$175	$175	$175	$0	$0	$1,750	
Merchandise Sales	$9,238	$9,725	$10,462	$8,683	$9,199	$12,288	$11,856	$10,371	$10,858	$11,826	$0	$0	$104,505	
Restaurant	$2,359	$3,141	$4,837	$3,029	$2,377	$4,154	$3,225	$3,423	$2,319	$2,373	$0	$0	$31,237	
Special Assessments - Operations	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$0	$0	$15,193	
Miscellaneous Income	$2,867	$145	$189	$95	$105	$6	$113	$3,053	($2,346)	$737	$0	$0	$4,964	
Total Revenues	$151,152	$152,194	$183,522	$214,197	$208,747	$258,697	$210,000	$175,173	$170,724	$140,052	$0	$0	$1,864,459	

Golf Course Expenditures:
Other Contractual Services	

$710	

$1,035	

$1,035	

$1,635	

$1,847	

$798	

$2,278	

$720	

$1,501	

$1,733	

$0	

$0	

$13,291	
Telephone/Internet	$106	$106	$106	$106	$106	$106	$106	$106	$106	$228	$0	$0	$1,182	
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	$1,298	$0	$0	$12,789	
Repairs & Maintenance	$419	$250	$0	$1,661	$2,596	$1,881	$554	$351	$844	$2,742	$0	$0	$11,299	
Advertising	($350)	$2,099	$4,117	$665	$1,364	$894	$830	$1,496	$1,240	$2,397	$0	$0	$14,749	
Bank Charges	$2,332	$3,112	$3,184	$3,636	$4,992	$4,426	$5,601	$5,152	$3,848	$3,719	$0	$0	$40,000	
Office Supplies	$78	$327	$115	$19	$263	$315	$324	$177	$362	$610	$0	$0	$2,590	
Operating Supplies	$442	$345	$566	$822	$110	$258	$289	$149	$149	$428	$0	$0	$3,559	
Dues, Licenses & Subscriptions	$180	$0	$293	$0	$943	$1,002	$793	$793	$1,278	$2,912	$0	$0	$8,194	
Drug Testing - All Departments	$0	$0	$49	$49	$0	$97	$292	$0	$0	$195	$0	$0	$681	
Training, Education & Employee Relations	$51	$381	$0	$0	$675	$0	$130	$100	$18	$300	$0	$0	$1,655	
Contractual Security	$482	$519	$662	$197	$196	$382	$382	$382	$196	$196	$0	$0	$3,594	
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	$12,902	$10,690	$16,757	$0	$0	$117,572	

Restaurant Expenditures:														
Pest Control	$95	$95	$95	$95	$95	$95	$95	$190	$95	$95	$0	$0	$1,046	
Equipment Lease	$100	$147	$100	$100	$99	$99	$124	$99	$99	$99	$0	$0	$1,067	
Total Restaurant Expenditures	$195	$242	$195	$195	$194	$194	$219	$290	$194	$194	$0	$0	$2,113	

	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	

$16,244	

$0	

$0	

$169,291	
Administrative Fee	$1,586	$1,816	$1,511	$1,434	$1,193	$1,299	$1,236	$1,434	$1,236	$1,293	$0	$0	$14,038	
FICA Expense	$1,231	$1,395	$1,286	$1,304	$1,172	$1,336	$1,207	$1,573	$1,204	$1,243	$0	$0	$12,951	
Health Insurance	$43	$43	$33	$0	$33	$33	$33	$43	$33	$19	$0	$0	$312	
Workers Compensation	$439	$498	$459	$465	$419	$477	$431	$530	$283	$292	$0	$0	$4,294	
Unemployment	$521	$515	$569	$1,022	$920	$918	$790	$974	$464	$460	$0	$0	$7,153	
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	$1,837	$0	$0	$16,958	
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	$95	$0	$0	$1,046	
Supplies	$1,410	$1,019	$876	$1,205	$719	$1,318	$1,255	$1,127	$982	$1,488	$0	$0	$11,400	
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	$7,169	$0	$0	$75,288	
Cart Maintenance	$251	$272	$1,275	$604	$711	$1,268	$435	$121	$34	$124	$0	$0	$5,094	
Driving Range	$32	$0	$733	$556	$227	$0	$543	$0	$0	$550	$0	$0	$2,640	
Total Golf Operation Expenditures	$31,062	$32,692	$34,144	$34,307	$30,372	$32,920	$31,031	$35,747	$30,176	$30,814	$0	$0	$323,266	

Merchandise Sales:														
Cost of Goods Sold	$6,482	$4,241	$8,630	$7,219	$3,007	$13,366	$6,058	$4,689	$9,239	$5,367	$0	$0	$68,299	
Total Merchandise Sales	$6,482	$4,241	$8,630	$7,219	$3,007	$13,366	$6,058	$4,689	$9,239	$5,367	$0	$0	$68,299	

Golf Course Maintenance:
Salaries	

$32,200	

$38,863	

$31,368	

$38,115	

$26,216	

$33,570	

$29,500	

$36,305	

$32,206	

$34,645	

$0	

$0	

$332,989	
Administrative Fees	$852	$1,035	$822	$1,037	$815	$913	$935	$906	$589	$738	$0	$0	$8,641	
FICA Expense	$2,400	$2,819	$2,279	$2,776	$1,901	$2,456	$2,206	$2,677	$2,354	$2,636	$0	$0	$24,505	
Employee Insurance	$6,053	$3,786	$2,834	$3,671	$1,751	$2,785	$2,737	$3,039	$2,517	$2,640	$0	$0	$31,813	
Workers Compensation	$877	$1,061	$856	$1,039	$714	$914	$806	$931	$580	$616	$0	$0	$8,395	
Unemployment	$0	$0	$334	$2,177	$1,454	$1,393	$320	$191	$67	$81	$0	$0	$6,019	
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	$2,834	$2,311	$2,396	$0	$0	$23,014	
Repairs	$4,341	$7,770	$817	$6,763	$1,613	$3,201	$909	$2,402	$2,278	$1,754	$0	$0	$31,848	
Fuel & Oil	$2,720	$1,078	$1,038	$320	$3,513	$2,491	$2,377	$1,494	$4,389	$4,836	$0	$0	$24,257	
Pest Control	$88	$88	$88	$88	$88	$88	$88	$175	$88	$88	$0	$0	$964	
Irrigation/Drainage	$1,150	$1,525	$1,527	$736	$736	$473	$1,047	$2,481	$931	$1,790	$0	$0	$12,396	
Sand and Topsoil	$321	$321	$0	$641	$0	$618	$1,457	$1,126	$1,891	$780	$0	$0	$7,155	
Flower/Mulch	$296	$0	$337	$1,496	$296	$754	$0	$0	$0	$43	$0	$0	$3,222	
Fertilizer	$7,254	$3,173	$3,618	$2,497	$2,360	$4,851	$10,200	$6,236	$7,707	$11,710	$0	$0	$59,606	
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	$402	$0	$0	$2,248	
Contingency	$0	$0	$0	$0	$0	$1,234	$0	$0	$0	$976	$0	$0	$2,209	
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	$312	$0	$0	$5,256	
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	$577	$0	$0	$6,530	
Equipment Rental	$0	$0	$0	$0	$0	$34	$31	$31	$33	$34	$0	$0	$162	
Equipment Lease	$12,688	$11,952	$13,484	$9,219	$13,229	$13,100	$10,009	$7,437	$24,161	$13,903	$0	$0	$129,182	
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	$67,552	$69,280	$84,882	$80,954	$0	$0	$727,059	

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	$62	$0	$0	$316	
Dissemination	$83	$83	$83	$83	$83	$83	$83	$83	$83	$83	$0	$0	$833	
Trustee Fees	$342	$342	$342	$342	$342	$342	$342	$681	$339	$339	$0	$0	$3,752	
Annual Audit	$125	$125	$125	$125	$125	$125	$125	$125	$125	$125	$0	$0	$1,250	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0	$0	$46,900	
Insurance	$6,127	$6,127	$6,127	$6,365	$6,127	$7,673	$7,241	$7,241	$7,241	$7,241	$0	$0	$67,510	
Property Taxes	$1,250	$1,250	$1,126	$1,757	$1,621	$3,431	$1,622	$1,621	$1,621	$1,621	$0	$0	$16,921	
Total Administrative Expenditures	$12,637	$12,637	$12,514	$13,382	$13,009	$16,364	$14,123	$14,523	$14,132	$14,161	$0	$0	$137,483	
														
Total Revenues	$151,152	$152,194	$183,522	$214,197	$208,747	$258,697	$210,000	$175,173	$170,724	$140,052	$0	$0	$1,864,459	
														
Total Expenditures	$131,958	$140,634	$131,059	$139,121	$119,433	$146,527	$132,066	$137,430	$149,313	$148,248	$0	$0	$1,375,791	
														
Operating Income (Loss)	$19,193	$11,560	$52,463	$75,076	$89,314	$112,170	$77,934	$37,743	$21,411	($8,195)	$0	$0	$488,668	

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	

$46,688	

$0	

$0	

$466,875	
Interest Income	$1	$0	$1	$1	$1	$0	$2	$3	$1	$3	$0	$0	$14	
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)	($2,973)	$0	$0	($19,326)	
Interest Expense	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	$0	$0	($117,021)	
Principal Expense	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	$0	$0	($354,167)	
Total Non Operating Revenues/(Expenditures)	($385)	($431)	($430)	($430)	($430)	($5,634)	($5,632)	($3,402)	($3,403)	($3,401)	$0	$0	($23,579)	
														
Net Non Operating Income / (Loss)	$18,808	$11,129	$52,033	$74,646	$88,883	$106,536	$72,301	$34,341	$18,007	($11,597)	$0	$0	$465,089	

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	

$11,826	

$0	

$0	

$104,505	
Total Revenues	$9,238	$9,725	$10,462	$8,683	$9,199	$12,288	$11,856	$10,371	$10,858	$11,826	$0	$0	$104,505	

Expenditures														
Cost of Goods Sold	$6,482	$4,241	$8,630	$7,219	$3,007	$13,366	$6,058	$4,689	$9,239	$5,367	$0	$0	$68,299	
Total Expenditures	$6,482	$4,241	$8,630	$7,219	$3,007	$13,366	$6,058	$4,689	$9,239	$5,367	$0	$0	$68,299	
														
Operating Income (Loss)	$2,756	$5,484	$1,832	$1,464	$6,191	($1,078)	$5,798	$5,682	$1,619	$6,459	$0	$0	$36,206	

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
7/31/20		Actuals
7/31/21		
Variance		Year to Date
7/31/20		Year to Date
7/31/21		
Variance	

Revenues:
Greens Fees	

$	88,349		

$	98,191		

$	9,842		

$  1,130,260		

$  1,400,964		

$	270,704	
Gift Cards - Sales	$	275		$	1,128		$	853		$	6,820		$	9,711		$	2,891	
Gift Cards - Usage	$	(456)		$	(681)		$	(224)		$	(11,074)		$	(17,191)		$	(6,117)	
Season Advance/Trail Fees	$	17,113		$	17,574		$	460		$	180,396		$	198,038		$	17,641	
Associate Memberships	$	1,738		$	553		$	(1,185)		$	33,180		$	37,367		$	4,187	
Driving Range	$	5,681		$	6,657		$	976		$	62,978		$	77,922		$	14,944	
Golf Lessons	$	175		$	175		$	-		$	1,690		$	1,750		$	60	
Merchandise Sales	$	11,103		$	11,826		$	723		$	95,511		$	104,505		$	8,994	
Restaurant	$	1,076		$	2,373		$	1,297		$	21,884		$	31,237		$	9,353	
Special Assessments - Operations	$	1,877		$	1,519		$	(358)		$	18,773		$	15,193		$	(3,579)	
Miscellaneous Income	 $	239 		 $	737 		 $	498 		 $	20,032 		 $	4,964 		 $	(15,068) 	
Total Revenues	 $	127,170 		 $	140,052 		 $	12,882 		 $  1,560,450 		 $  1,864,459 		 $	304,010 	
Expenditures:
Golf Course Expenditures	
$	10,400		
$	16,757		
$	(6,356)		
$	110,146		
$	117,572		
$	(7,426)	
Restaurant	$	286		$	194		$	92		$	2,022		$	2,113		$	(91)	
Golf Operations	$	38,595		$	30,814		$	7,781		$	343,709		$	323,266		$	20,444	
Merchandise Sales	$	28,457		$	5,367		$	23,090		$	82,388		$	68,299		$	14,089	
Golf Course Maintenance	$	86,198		$	80,954		$	5,245		$	845,108		$	727,059		$	118,049	
Administrative	 $	12,147 		 $	14,161 		 $	(2,014) 		 $	123,094 		 $	137,483 		 $	(14,389) 	
Total Expenditures	 $	176,084 		 $	148,248 		 $	27,836 		 $  1,506,467 		 $  1,375,791 		 $	130,676 	
Operating Income/(Loss)	 $	(48,914) 		 $	(8,195) 		 $	40,719 		 $	53,983 		 $	488,668 		 $	434,685 	

$	89,060	$	108,253	$	119,813	$	172,277	$	247,353	$	336,666	$	448,837	$	526,425	$ 566,485	$ 587,929	

$	108,253	$	119,813	$	172,277	$	247,353	$	336,666	$	448,837	$	526,425	$	566,485	$ 587,929	$ 579,733	

000000Viera East Cash Flow Analysis FY 2021

I. Cash Flows:	Actuals	Projections	
	October	November	December	January	February	March	April	May	June	July		August	September	Totals	
Starting Funds
Carry Forward	$	579,733  $	543,371
Revenues	
Golf Course
Course Operations
Restaurant	$	151,152	$	152,194	$	183,522	$	214,197	$	208,747	$	258,697	$	210,000	$	175,173	$ 170,724	$ 140,052		$	123,980	$	137,162	$  2,125,602	
	$	148,793	$	149,053	$	178,685	$	211,169	$	206,369	$	254,543	$	206,775	$	171,750	$ 168,405	$ 137,680		$	122,698	$	135,742	$  2,091,662	
	$	2,359	$	3,141	$	4,837	$	3,029	$	2,377	$	4,154	$	3,225	$	3,423	$  2,319	$  2,373		$	1,282	$	1,420	$	33,939	
				
Total All Cash	$	240,212  $	260,448  $	303,336  $	386,474  $	456,100  $	595,364	$	658,837  $	701,598  $ 737,209  $ 727,981		$	703,713	$	680,534	$  2,125,602	

Expenses	
Golf Course
Course Operations
Restaurant	$	131,958	$	140,634	$	131,059	$	139,121	$	119,433	$	146,527	$	132,412	$	135,114	$ 149,280	$ 148,248		$	160,342	$	160,358	$  1,694,486	
	$	131,764	$	140,392	$	130,864	$	138,927	$	119,239	$	146,333	$	132,193	$	134,824	$ 149,086	$ 148,053		$	160,194	$	160,194	$  1,692,062	
	$	195	$	242	$	195	$	195	$	194	$	194	$	219	$	290	$	194	$	194		$	147	$	163	$	2,424	

Cash Less Expenses	$	543,371  $	520,176

Projected Revenues FY 2021		$ 2,125,602 Projected Expenses FY 2021	 $ 1,694,486  Projected Surplus(Deficit) FY 2021  $	431,116 	

PY
Monthly	
PY
Year to Date	
Vs. PY
Monthly	
Vs. PY
Year to Date	
$15,383	$199,600	($702)	$67,525	
$18,841	$259,249	($5,865)	($14,122)	
$45,839	$541,684	$2,221	$85,958	
$15,826	$111,148	$6,321	$142,785	
$0	$0	$0	$0	
$0	$0	$0	$0	
($2,710)	($18,204)	$564	($5,184)	

$93,179	
$1,093,477	
$2,539	
$276,962	

PY	PY	
Vs. PY	Vs. PY	
Monthly Year to Date	Monthly Year to Date	
$34.41	$40.44	($0.97)	($0.34)	
$27.75	$32.28	($0.20)	$0.14	
$28.19	$33.46	$1.64	$3.69	
$32.83	$36.74	$0.67	$0.31	
#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	
#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	
$24.86	$27.37	($1.79)	$1.61	
$29.82	$34.70	$1.17	$2.18	
PY	PY	Vs. PY	Vs. PY
Monthly Year to Date
$440	$18,163
$1.51	$1.14	
Monthly Year to Date		
$17,133	$179,872		
$26.60	$23.33		

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

PY	PY
Monthly Year to Date	
Vs. PY	Vs. PY
Monthly Year to Date	
447	4,936
679	8,032
1,626	16,187
482	3,025
0	0
0	0
(109)	(665)	(8)	1,726
(208)	(470)
(15)	707
179	3,829
0	0
0	0
16	(142)
(36)	5,650

(19)	383
(19)	383

(114)	(745)
(29)	(460)
(143)	(1,205)

16	346

(182)	5,174	
3,125	31,515		
644	7,711		
644	7,711		
186	1,578
82	1,290		
268	2,868		
299	2,514		
4,336	44,608		

Rounds of Golf		

Paid Rounds	Monthly			Year to Date		
Rounds of Golf- Associate Member	439		11%	6,662	13%	
Rounds of Golf- CDD Resident	471		11%	7,562	15%	
Rounds of Golf - Public	1,611		39%	16,894	34%	
Rounds of Golf - Golf Now / EZ Links	661		16%	6,854	14%	
Rounds of Golf- Tournaments	0		0%	0	0%	
Rounds of Golf- Misc	0		0%	0	0%	
Rain Check Issued	(93)		-2%	(807)	-2%	
Total Paid Rounds	3,089			37,165		
Member Rounds
Rounds of Golf - Members	
	625 		
15%	
	8,094 	
16%	
Total Member Rounds	625			8,094		
Comp Rounds						
Rounds of Golf- Staff/Comp	72		2%	833	2%	
Rounds of Golf- Other Comp	53		1%	830	2%	
Total Comp Rounds	125			1,663		
Rounds of golf - GolfNow/EZ Links		315 		8%		2,860 	6%	
TOTAL ROUNDS OF GOLF	4,154	-	100%	-	49,782	100%	
						
Revenues						

Greens Fee Revenue	Monthly			Year to Date		
Rounds of Golf- Associate Member	$14,681		15%	$267,125	19%	
Rounds of Golf- CDD Resident	$12,976		14%	$245,127	18%	
Rounds of Golf - Public	$48,060		50%	$627,642	46%	
Rounds of Golf - Golf Now / EZ Links	$22,147		23%	$253,933	19%	
Rounds of Golf- Tournaments	$0		0%	$0	0%	
Rounds of Golf- Misc	$0		0%	$0	0%	
Rain Check Issued	($2,146)		-2%	($23,388)	-2%	

TOTAL GREENS FEE REVENUE	
$95,718		
100%	
$1,370,439	
100%	
						
Average $ per Round of Golf						

Average $ per round of Golf	Monthly			Year to Date		
Rounds of Golf- Associate Member	$33.44	#DIV/0!		$40.10		
Rounds of Golf- CDD Resident	$27.55			$32.42		
Rounds of Golf - Public	$29.83			$37.15		
Rounds of Golf - Golf Now / EZ Links	$33.51			$37.05		
Rounds of Golf- Tournaments	#DIV/0!			#DIV/0!		
Rounds of Golf- Misc	$0.00			$0.00		
Rain Check Issued	$23.08			$28.98		
TOTAL - Average $ per round of Golf	$30.99			$36.87		
						
	Monthly			Year to Date		
Membership Revenue	 $17,573 			  $198,035 		
Average $ per round of Golf	$28.12			$24.47		

PY - PREVIOUS YEAR