Viera East
Community Development District

Unaudited Financial Reporting
August 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 August 31, 2021

	Governmental Fund Types

General 	Capital Reserve	

Debt Service	

Capital Projects	
 Golf  Course/Recreation 	
Totals
 (memorandum only) 	
Assets						
Operating Account	$334,191	$104,152	----	----	$787,442	$1,225,785	
Accounts Receivable	----	----	----	----	($192)	($192)	
Rent Receivable	----	----	----	----	$2,108	$2,108	
Due From Golf Course	----	$11,893	----	----	----	$11,893	
Due From General Fund	----	$462	$24,831	----	$340	$25,633	
Due From Capital Reserve	$209	----	----	----	----	$209	
Due from Debt Service	$11,030	----	----	----	$22,922	$33,953	
Due from Other	----	----	----	----	$3,097	$3,097	
Due from Capital Projects	----	$33,092	----	----	$750	$33,842	
Inventory - Pro Shop	----	----	----	----	$36,294	$36,294	
Investments:						
State Board	----	$103,156	----	----	----	$103,156	
Benefit Assessment- Series 2012	----	----	----	----	$4,118	$4,118	
Reserve - Series 2012	----	----	----	----	$9	$9	
Bond Service- Series 2012	----	----	----	----	$280,130	$280,130	
Bond Service- Series 2006	----	----	$467,421	----	----	$467,421	
Reserve- Series 2020	----	----	$234,603	----	----	$234,603	
Temporary Interest Series 2020	----	----	$270,941	----	----	$270,941	
Project- Series 2020	----	----	----	$4,376,695	----	$4,376,695	
Improvements (Net of Depreciation)	----	----	----	----	$1,130,855	$1,130,855	
Prepaid Expenses- Debt	----	----	----	----	$70,833	$70,833	
Prepaid Expenses- Operations	$2,545	----	----	----	$60,588	$63,133	
Total Assets	$347,976	$252,755	$997,796	$4,376,695	$2,399,294	$8,374,516	
Liabilities						
Accounts Payable	$14,499	$1,000	----	----	$53,511	$69,010	
Accrued Expenses	$3,959	----	----	----	$12,186	$16,144	
Deferred Revenue- Season Advance	----	----	----	----	$55,164	$55,164	
Deferred Revenue- Special Assessments O&M	----	----	----	----	$1,519	$1,519	
Deferred Revenue- Special Assessments Debt	----	----	----	----	$70,324	$70,324	
Deposit-Divots Grill	----	----	----	----	$2,000	$2,000	
Due to General Fund	----	$209	$11,030	----	----	$11,240	
Accrued Interest Payable	----	----	----	----	$89,066	$89,066	
Sales Tax Payable	----	----	----	----	$170	$170	
Event Deposits	----	----	----	----	$515	$515	
Due to Golf Course	$340	----	$22,922	----	----	$23,262	
Due to Debt Service	$24,831	----	----	----	----	$24,831	
Due to Capital Reserve	$462	----	----	$33,092	$11,893	$45,447	
Accrued Payroll Payable	$11,662	----	----	----	$26,737	$38,399	
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	----	----	----	----	($643,945)	($643,945)	
Fund Balances						
Assigned - First Quarter	$176,000	----	----	----	----	$176,000	
Nonspendable - Prepaid Expense	$2,545	----	----	----	----	$2,545	
Unassigned	$113,679	----	----	----	----	$113,679	
Assigned- Capital Reserve Fund	----	$251,546	----	----	----	$251,546	
Restricted for Capital Projects	----	----	----	$4,343,603	----	$4,343,603	
Restricted for Debt Service	----	----	$963,843	----	----	$963,843	
Total Liabilities, Fund Equity, Other	$347,976	$252,755	$997,796	$4,376,695	$2,399,294	$8,374,516	

Revenues		
Maintenance Assessments	$808,157	$808,157	$808,157	$0	
Golf Course Administrative Services	$56,280	$51,590	$51,590	$0	
Donations for Park Material	$0	$0	$3,000	$3,000	
Interest Income	$100	$92	$4	($88)	
Total Revenues	$864,536	$859,838	$862,751	$2,913	

Administrative Expenditures					
Supervisors Fees	$30,496	$27,955	$26,483	$1,471	
Engineering Fees	$5,000	$4,583	$1,815	$2,768	
Attorney's Fees	$5,000	$4,583	$16,956	($12,373)	
Dissemination	$1,000	$917	$917	$0	
Trustee Fees	$5,600	$5,133	$6,600	($1,467)	
Annual Audit	$6,500	$5,958	$3,025	$2,933	
Collection Agent	$2,500	$2,292	$2,292	($0)	
Management Fees	$100,440	$92,070	$92,070	$0	
Postage	$1,500	$1,375	$2,093	($718)	
Printing & Binding	$2,500	$2,292	$1,171	$1,121	
Insurance- Liability	$7,475	$6,852	$7,908	($1,056)	
Legal Advertising	$1,500	$1,375	$2,037	($662)	
Other Current Charges	$1,500	$1,375	$577	$798	
Office Supplies	$1,500	$1,375	$342	$1,033	
Dues & Licenses	$175	$160	$160	($0)	
Information Technology	$3,400	$3,117	$3,117	$0	
Total Administrative	$176,086	$161,413	$167,563	($6,150)	

Operating Expenditures		
Salaries	$149,299	$136,857	$133,643	$3,214	
Administrative Fee	$1,659	$1,521	$1,824	($304)	
FICA Expense	$11,421	$10,469	$8,605	$1,864	
Employee Insurance	$16,914	$15,505	$14,513	$991	
Workers Compensation	$2,926	$2,682	$3,322	($640)	
Unemployment	$853	$782	$992	($210)	
Other Contractual	$7,500	$6,875	$8,203	($1,328)	
Training	$500	$458	$0	$458	
Uniforms	$500	$458	$0	$458	
Total Operating	$191,572	$175,608	$171,103	$4,505	

Maintenance Expenditures					
Canal Maintenance	$14,000	$12,833	$0	$12,833	
Lake Bank Restoration	$60,000	$60,000	$57,000	$3,000	
Environmental Services	$20,000	$18,333	$3,801	$14,532	
Water Management System	$99,000	$90,750	$97,464	($6,714)	
Control Burns	$15,000	$13,750	$6,922	$6,828	
Contingencies	$2,000	$1,833	$0	$1,833	
Fire Line Maintenance	$3,000	$2,750	$800	$1,950	
Basin Repair	$4,000	$3,667	$0	$3,667	
Total Maintenance	$217,000	$203,917	$165,987	$37,930	

Grounds Maintenance Expenditures		
Salaries	$140,787	$129,055	$119,856	$9,199	
Administrative Fees	$3,684	$3,377	$2,891	$486	
FICA	$10,770	$9,873	$8,819	$1,053	
Health Insurance	$18,818	$17,250	$14,718	$2,532	
Workers Compensation	$2,759	$2,529	$2,952	($423)	
Unemployment	$2,120	$1,943	$1,745	$198	
Telephone	$6,250	$5,729	$6,332	($603)	
Utilities	$5,500	$5,042	$6,262	($1,220)	
Property Appraiser	$1,990	$1,990	$1,989	$2	
Insurance	$1,663	$1,524	$1,374	$150	
Repairs	$15,000	$13,750	$17,033	($3,283)	
Fuel	$10,000	$9,167	$12,783	($3,617)	
Park Maintenance	$2,500	$2,292	$4,101	($1,809)	
Sidewalk Maintenance	$5,000	$4,583	$0	$4,583	
Chemicals	$4,000	$3,667	$1,924	$1,742	
Contingencies	$4,000	$4,000	$6,347	($2,347)	
Refuse	$6,000	$5,500	$4,080	$1,420	
Office Supplies	$750	$750	$765	($15)	
Uniforms	$3,000	$2,750	$2,260	$490	
Fire Alarm System	$6,500	$5,958	$6,804	($845)	
Rain Bird Pump System	$27,576	$25,278	$25,972	($694)	
Park Materials	$0	$0	$3,221	($3,221)	
Total Grounds Maintenance	$278,667	$256,006	$252,226	$3,780	
					
Total Expenditures	$863,325	$796,943	$756,879	$40,064	
					
Operating Income (Loss)	$1,211	$62,894	$105,872	$42,977	

Non Operating Revenues/(Expenditures)					
Reserve Funding- Transfer Out (Capital Reserve)	($1,211)	($981)	($981)	$0	
Reserve Funding- Transfer Out (Excess)	$0	$0	$0	$0	
Total Non Operating Revenues/(Expenditures)	($1,211)	($981)	($981)	$0	
					
Excess Revenue/(Expenditures)	($0)	$61,913	$104,891	$42,977	
					
Beginning Fund Balance	$0		$187,333		
					
Ending Fund Balance	$0		$292,224		

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

Adopted
Budget

Prorated Budget
8/31/21

Actual
8/31/21

Variance

Revenues

Interest Income	$2,500	$2,292	$136	($2,156)	
Reserve Funding - Transfer In (General)	$1,211	$981	$981	$0	
Reserve Funding - Transfer In (Golf)	$31,219	$25,272	$25,272	$0	
Reserve Funding - Transfer In (General Excess)	$0	$0	$0	$0	
Total Revenues	$34,930	$28,545	$26,389	($2,156)	

Expenditures					
Capital Outlay	$100,000	$73,821	$73,821	$0	
Truck Maintenance	$25,000	$0	$0	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$73,821	$73,821	$0	
					
Excess Revenues/(Expenditures)	($90,070)		($47,432)		
					
Beginning Fund Balance	$229,102		$298,978		
					
Ending Fund Balance	$139,032		$251,546		

Viera East Community Development District
Capital Reserve Fund Capital Outlay Check Register Detail For Period Ending August 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	
8/31/21	Pedro Lopez	Bond Deposit	$	1,000.00	

Total	 $	73,821.28 

Community Development District
Debt Service Fund Series 2006 Statement of Revenues & Expenditures For Period Ending August 31, 2021

Adopted
Budget

Prorated Budget
8/31/21

Actual
8/31/21

Variance

Revenues

Special Assessments	$2,376,297	$2,376,297	$2,376,297		$0 Interest Income		$1,500		$1,375		$51	($1,324)

$2,377,797	$2,377,672	$2,376,348	($1,324)

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)	($16,939)

Excess Revenues/(Expenditures)

$522,357	$475,238

Beginning Fund Balance

$506,866	$458,299

Ending Fund Balance

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

Adopted
Budget

Prorated Budget
8/31/21

Actual
8/31/21

Variance

Revenues

Interest Income	$1,000	$917	$27	($890)	
Total Revenues	$1,000	$917	$27	($890)	

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)		($142,960)		
					
Beginning Fund Balance	$648,505		$648,505		
					
Ending Fund Balance	$506,518		$505,544		

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

Actual
8/31/21

Revenues

Interest Income	$243

$243

Total Revenues

Expenditures

Capital Outlay	$1,746,191
Cost of Issuance	$0

$1,746,191

Total Expenditures

($1,745,949)

Excess Revenues/(Expenditures)

$6,089,551

Beginning Fund Balance

$4,343,603

Ending Fund Balance

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

Number of Rounds
Paid Rounds	
35,250	
2,997	
2,503	
494	
41,605	
33,470	
8,135	
Member Rounds	10,000	543	710	(167)	8,640	9,495	(855)	
Comp Rounds	3,000	132	213	(81)	1,896	2,849	(953)	
EZ Links	3,000	0	213	(213)	-	2,782	(2,782)	
GolfNow	2,000	278	142	136	3,138	1,899	1,239	
Total Memberships	60	2	-	2	70	60	10	
Revenue per Round								
Paid Rounds	$40	$35	$34	$1	$36	$40	($4)	
Revenues								
Greens Fees/Cart Fees	$1,426,357	$104,475	$85,581	$18,894	$1,505,439	$1,351,473	$153,966	
Gift Cards - Sales	$25,000	$369	$1,500	($1,131)	$10,079	$23,688	($13,608)	
Gift Cards - Usage	($25,000)	($1,131)	($1,500)	$369	($18,322)	($23,688)	$5,366	
Season Advance/Trail Fees	$210,000	$17,467	$12,600	$4,867	$215,505	$198,975	$16,530	
Associate Memberships	$42,000	$869	$2,520	($1,651)	$38,236	$39,795	($1,559)	
Driving Range	$80,000	$5,117	$4,800	$317	$83,039	$75,800	$7,239	
Golf Lessons	$2,100	$175	$126	$49	$1,925	$1,990	($65)	
Merchandise Sales	$115,000	$7,406	$6,900	$506	$111,911	$108,963	$2,948	
Restaurant	$20,000	$2,463	$1,200	$1,263	$33,700	$18,950	$14,750	
Special Assessments - Operations	$18,239	$1,519	$1,521	($2)	$16,712	$16,718	($5)	
Miscellaneous Income	$15,000	$568	$1,251	($683)	$5,532	$13,749	($8,217)	
Total Revenues	$1,928,696	$139,297	$116,500	$22,798	$2,003,757	$1,826,412	$177,344	

Golf Course Expenditures								
Other Contractual Services	$15,000	$1,352	$1,251	($101)	$14,643	$13,749	($894)	
Telephone/Internet	$5,500	$106	$459	$353	$1,288	$5,041	$3,753	
Postage	$2,000	$0	$167	$167	$1,623	$1,833	$211	
Printing & Binding	$1,000	$0	$83	$83	$0	$917	$917	
Utilities	$15,900	$1,441	$1,326	($115)	$14,230	$14,574	$343	
Repairs & Maintenance	$8,000	$1,790	$667	($1,123)	$13,089	$7,333	($5,756)	
Advertising	$45,000	$1,733	$3,753	$2,020	$16,482	$41,247	$24,765	
Bank Charges	$35,000	$2,864	$2,919	$55	$42,864	$32,081	($10,783)	
Office Supplies	$4,000	$105	$334	$229	$2,695	$3,666	$972	
Operating Supplies	$5,000	$228	$417	$189	$3,787	$4,583	$796	
Dues, Licenses & Subscriptions	$8,000	$776	$667	($108)	$8,970	$7,333	($1,637)	
Drug Testing - All Departments	$500	$389	$42	($347)	$1,070	$458	($612)	
Training, Education & Employee Relations	$3,000	$189	$250	$61	$1,844	$2,750	$905	
Contractual Security	$3,000	$196	$250	$54	$3,789	$2,750	($1,040)	
IT Services	$3,000	$0	$250	$250	$2,367	$2,750	$383	
Total Golf Course Expenditures	$153,900	$11,169	$12,835	$1,666	$128,741	$141,065	$12,324	

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

Restaurant Expenditures
Pest Control	
$1,200	
$95	
$85	
($10)	
$1,141	
$1,139	
($2)	
Equipment Lease	$1,100	$101	$78	($23)	$1,168	$1,044	($124)	
Total Restaurant Expenditures	$2,300	$196	$163	($33)	$2,310	$2,184	($126)	

Golf Operation Expenditures								
Salaries	$210,900	$16,240	$17,574	$1,334	$185,531	$193,317	$7,786	
Administrative Fee	$19,957	$1,129	$1,663	$534	$15,166	$18,293	$3,127	
FICA Expense	$16,547	$1,242	$1,379	$136	$14,193	$15,167	$974	
Health Insurance	$707	$35	$59	$23	$348	$648	$300	
Workers Compensation	$4,239	$292	$353	$61	$4,586	$3,886	($700)	
Unemployment	$12,786	$410	$1,065	$655	$7,563	$11,720	$4,157	
Golf Printing	$2,200	$0	$183	$183	$2,414	$2,017	($398)	
Utilities	$22,500	$1,734	$1,875	$141	$18,692	$20,625	$1,933	
Repairs	$250	$0	$21	$21	$387	$229	($158)	
Pest Control	$1,200	$95	$100	$5	$1,141	$1,100	($41)	
Supplies	$10,000	$787	$833	$47	$12,187	$9,167	($3,020)	
Uniforms	$1,500	$0	$125	$125	$0	$1,375	$1,375	
Training, Education & Employee Relations	$2,000	$0	$167	$167	$0	$1,833	$1,833	
Fuel	$500	$0	$42	$42	$0	$458	$458	
Cart Lease	$99,000	$7,072	$8,250	$1,178	$82,360	$90,750	$8,390	
Cart Maintenance	$4,000	$0	$333	$333	$5,094	$3,667	($1,428)	
Driving Range	$10,000	$18	$833	$815	$2,659	$9,167	$6,508	
Total Golf Operation Expenditures	$418,286	$29,056	$34,856	$5,801	$352,321	$383,419	$31,098	

Merchandise Sales								
Cost of Goods Sold	$77,000	$6,794	$6,417	($378)	$75,093	$70,583	($4,510)	
Total Merchandise Sales	$77,000	$6,794	$6,417	($378)	$75,093	$70,583	($4,510)	

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

Golf Course Maintenance
Salaries	
$452,632	
$35,109	
$37,719	
$2,611	
$368,097	
$414,913	
$46,815	
Administrative Fees	$11,919	$669	$993	$324	$9,310	$10,926	$1,615	
FICA Expense	$3,756	$2,628	$313	($2,315)	$27,133	$3,443	($23,690)	
Employee Insurance	$49,336	$2,650	$4,111	$1,461	$34,463	$45,225	$10,762	
Workers Compensation	$11,023	$632	$919	$287	$9,026	$10,104	$1,078	
Unemployment	$8,170	$101	$681	$580	$6,120	$7,489	$1,369	
Consulting Fees	$6,000	$0	$500	$500	$2,000	$5,500	$3,500	
Fire Alarm System	$4,000	$0	$333	$333	$557	$3,667	$3,110	
Utilities/Water	$26,200	$2,510	$2,183	($327)	$25,524	$24,017	($1,507)	
Repairs	$48,000	$6,858	$4,000	($2,858)	$38,706	$44,000	$5,294	
Fuel & Oil	$40,000	$2,497	$3,333	$836	$26,754	$36,667	$9,912	
Pest Control	$1,000	$88	$83	($4)	$1,052	$917	($135)	
Irrigation/Drainage	$30,000	$789	$2,500	$1,711	$13,185	$27,500	$14,315	
Sand and Topsoil	$26,500	$873	$2,208	$1,336	$8,028	$24,292	$16,264	
Flower/Mulch	$7,000	$0	$583	$583	$3,222	$6,417	$3,194	
Fertilizer	$139,000	$14,538	$11,583	($2,954)	$74,618	$127,417	$52,798	
Seed/Sod	$16,500	$0	$1,375	$1,375	$1,681	$15,125	$13,444	
Trash Removal	$2,000	$201	$167	($34)	$2,449	$1,833	($615)	
Contingency	$6,000	$0	$500	$500	$2,209	$5,500	$3,291	
First Aid	$800	$228	$67	($161)	$660	$733	$73	
Office Supplies	$1,000	$0	$83	$83	$0	$917	$917	
Operating Supplies	$15,000	$1,236	$1,250	$14	$6,492	$13,750	$7,258	
Training	$1,000	$923	$83	($839)	$2,428	$917	($1,512)	
Janitorial Supplies	$1,000	$95	$83	($12)	$568	$917	$349	
Soil & Water Testing	$1,000	$0	$83	$83	$0	$917	$917	
Uniforms	$8,500	$613	$708	$96	$7,143	$7,792	$649	
Equipment Rental	$2,000	$0	$167	$167	$162	$1,833	$1,671	
Equipment Lease	$165,000	$8,745	$13,750	$5,005	$137,928	$151,250	$13,322	
Small Tools	$500	$0	$42	$42	$0	$458	$458	
Total Golf Course Maintenance	$1,084,836	$81,982	$90,403	$8,421	$809,516	$994,433	$184,917	

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

Administrative Expenditures
Legal Fees	
$1,500	
$0	
$125	
$125	
$0	
$1,375	
$1,375	
Arbitrage	$600	$62	$50	($12)	$378	$550	$172	
Dissemination	$1,000	$83	$83	$0	$917	$917	$0	
Trustee Fees	$4,100	$339	$342	$2	$4,091	$3,758	($333)	
Annual Audit	$1,500	$125	$125	$0	$1,375	$1,375	$0	
Golf Course Administrative Services	$56,280	$4,690	$4,690	$0	$51,590	$51,590	$0	
Insurance	$77,000	$7,465	$6,417	($1,048)	$74,975	$70,583	($4,392)	
Property Taxes	$15,000	$1,621	$1,250	($371)	$18,543	$13,750	($4,793)	
Total Administrative Expenditures	$156,980	$14,386	$13,082	($1,304)	$151,869	$143,898	($7,970)	
								
Total Revenues	$1,928,696	$139,297	$116,500	$22,798	$2,003,757	$1,826,412	$177,344	
								
Total Expenditures	$1,893,302	$143,584	$157,756	$14,173	$1,519,849	$1,735,582	$215,733	
								
Operating Income (Loss)	$35,394	($4,286)	($41,257)	$36,970	$483,908	$90,830	$393,078	
Non Operating Revenues/(Expenditures)								
Special Assessments	$560,250	$46,688	$46,688	($0)	$513,563	$513,563	($0)	
Interest Income	$1,000	$1	$83	($82)	$15	$917	($901)	
Gain on Sale of Asset	$0	$0	$0	$0	$45	$0	$45	
Reserve Funding- Transfer Out (Capital Reserve)	($31,219)	($5,946)	($2,602)	$3,345	($25,272)	($25,272)	$0	
Interest Expense	($140,425)	($11,702)	($11,702)	$0	($128,723)	($128,723)	$0	
Principal Expense	($425,000)	($35,417)	($35,417)	($0)	($389,583)	($389,583)	($0)	
Total Non Operating Revenues/(Expenditures)	($35,394)	($6,376)	($2,950)	$3,263	($29,956)	($29,100)	($856)	
								
Change in Net Assets	$0	($10,663)	($44,206)	$40,233	$453,952	$61,730	$392,221	
								
Beginning Net Assets	$0	----	----	----	($1,097,897)	----	----	
								
Ending Net Assets	$0	----	----	----	($643,945)	----	----	

	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	$4,690	$0	$51,590	
Donations for Park Material	$0	$0	$0	$0	$0	$1,000	$1,000	$0	$0	$0	$1,000	$0	$3,000	
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	$5,690	$0	$862,751	

Administrative Expenditures														
Supervisors Fees	$2,678	$2,384	$2,900	$1,415	$2,328	$2,561	$3,841	$2,561	$2,473	$2,226	$1,117	$0	$26,483	
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	$5,258	$0	$16,956	
Dissemination	$83	$83	$83	$83	$83	$83	$83	$83	$83	$83	$83	$0	$917	
Trustee Fees	$467	$467	$467	$467	$467	$467	$467	$1,040	$765	$765	$765	$0	$6,600	
Annual Audit	$275	$275	$275	$275	$275	$275	$275	$275	$275	$275	$275	$0	$3,025	
Collection Agent	$208	$208	$208	$208	$208	$208	$208	$208	$208	$208	$208	$0	$2,292	
Management Fees	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370	$8,370	$0	$92,070	
Postage	$364	$198	$138	$324	$52	$585	$35	$81	$311	$2	$3	$0	$2,093	
Printing & Binding	$206	$70	$125	$50	$212	$87	$121	$88	$74	$70	$69	$0	$1,171	
Insurance- Liability	$608	$608	$608	$1,358	$608	$1,075	$608	$608	$608	$608	$608	$0	$7,908	
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	$219	$0	$577	
Office Supplies	$20	$20	$20	$20	$0	$12	$10	$10	$10	$10	$209	$0	$342	
Dues & Licenses	$15	$15	$15	$15	$15	$15	$15	$15	$15	$15	$15	$0	$160	
Information Technology	$283	$283	$283	$283	$283	$283	$283	$283	$283	$283	$283	$0	$3,117	
Total Administrative	$13,953	$13,011	$15,550	$13,307	$17,974	$15,265	$16,077	$18,176	$13,831	$12,938	$17,482	$0	$167,563	

Operating Expenditures														
Salaries	$11,153	$13,540	$12,302	$12,301	$11,077	$11,947	$11,129	$13,551	$11,933	$12,349	$12,363	$0	$133,643	
Administration Fee	$556	$157	$143	$143	$129	$139	$129	$148	$91	$94	$94	$0	$1,824	
FICA Expense	$382	$928	$843	$845	$563	$788	$808	$931	$820	$848	$850	$0	$8,605	
Health Insurance	$1,281	$1,281	$1,281	$1,359	$1,319	$1,319	$1,319	$1,402	$1,299	$1,283	$1,369	$0	$14,513	
Workers Compensation	$305	$218	$336	$336	$500	$359	$304	$305	$215	$222	$222	$0	$3,322	
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	$963	$0	$8,203	
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	$15,861	$0	$171,103	

	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	$805	$0	$3,801	
Water Management System	$7,887	$8,087	$13,107	$8,087	$7,833	$9,341	$7,887	$8,486	$10,278	$8,582	$7,887	$0	$97,464	
Control Burns	$0	$0	$0	$0	$652	$2,138	$0	$0	$0	$0	$4,131	$0	$6,922	
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	$12,824	$0	$165,987	

Grounds Maintenance Expenditures														
Salaries	$10,364	$12,255	$11,279	$11,316	$9,888	$10,604	$9,665	$12,055	$10,620	$10,776	$11,034	$0	$119,856	
Administrative Fees	$288	$409	$318	$298	$241	$258	$241	$277	$182	$190	$189	$0	$2,891	
FICA	$780	$907	$832	$829	$723	$775	$723	$881	$776	$787	$807	$0	$8,819	
Health Insurance	$1,452	$1,428	$1,265	$1,344	$1,404	$1,357	$1,380	$1,391	$1,350	$1,071	$1,276	$0	$14,718	
Workers Compensation	$283	$335	$308	$309	$270	$290	$264	$310	$191	$194	$199	$0	$2,952	
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	$1,207	$0	$6,332	
Utilities	$506	$780	$534	$536	$594	$699	$523	$466	$729	$430	$464	$0	$6,262	
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	$125	$0	$1,374	
Repairs	$3,081	$837	$1,593	$1,696	$724	$2,634	$3,079	$1,166	$938	$458	$827	$0	$17,033	
Fuel	$1,442	$531	$511	$158	$1,837	$1,064	$1,026	$566	$1,523	$3,003	$1,122	$0	$12,783	
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	$103	$0	$6,347	
Refuse	$480	$240	$240	$240	$960	$480	$240	$480	$240	$240	$240	$0	$4,080	
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	$196	$0	$2,260	
Fire Alarm System	$512	$588	$512	$512	$512	$512	$1,611	$0	$1,023	$512	$512	$0	$6,804	
Rain Bird Pump System	$2,298	$2,298	$2,528	$2,298	$2,298	$2,298	$2,298	$2,298	$2,528	$2,298	$2,528	$0	$25,972	
Park Materials	$0	$0	$0	$0	$0	$0	$2,347	$0	$0	$0	$874	$0	$3,221	
Total Grounds Maintenance	$23,190	$21,762	$24,450	$24,829	$21,608	$22,426	$24,146	$25,660	$21,629	$20,826	$21,702	$0	$252,226	
														
Total Expenditures	$76,391	$100,571	$70,072	$63,356	$62,484	$64,378	$62,911	$69,461	$60,939	$58,447	$67,869	$0	$756,879	
														
Operating Income (Loss)	($71,701)	$100,912	$437,739	($20,619)	($50,413)	($50,701)	($35,406)	($40,201)	($47,804)	($53,757)	($62,179)	$0	$105,872	

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

$0	

$0	

$0	

$0	

$0	

($202)	

($202)	

($115)	

($115)	

($115)	

($231)	

$0	

($981)	
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)	($231)	$0	($981)	
														
Excess Revenue/(Expenditures)	($71,701)	$100,912	$437,739	($20,619)	($50,413)	($50,902)	($35,607)	($40,316)	($47,920)	($53,872)	($62,410)	$0	$104,891	

	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	

2,997	

0	

41,605	
Member Rounds	701	666	816	1,012	836	1,008	854	800	779	625	543	0	8,640	
Comp Rounds	237	152	234	239	182	196	143	124	132	125	132	0	1,896	
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	278	0	3,138	
Revenue per Round
Paid Rounds	
$33	
$37	
$37	
$43	
$45	
$43	
$39	
$31	
$25	
$32	
$35	
$0	
$399	
Revenues:
Greens Fees	
$107,375	
$107,634	
$130,099	
$165,174	
$161,835	
$205,130	
$165,529	
$133,782	
$126,214	
$98,191	
$104,475	
$0	
$1,505,439	
Gift Cards - Sales	$458	$636	$3,462	$433	$398	$1,059	$862	$570	$706	$1,128	$369	$0	$10,079	
Gift Cards - Usage	($803)	($482)	($2,812)	($3,031)	($1,817)	($2,014)	($2,108)	($1,899)	($1,544)	($681)	($1,131)	$0	($18,322)	
Season Advance/Trail Fees	$18,051	$20,606	$22,572	$21,363	$21,645	$21,986	$18,207	$13,213	$22,821	$17,574	$17,467	$0	$215,505	
Associate Memberships	$3,950	$3,081	$4,661	$7,900	$5,767	$4,582	$3,160	$1,580	$2,133	$553	$869	$0	$38,236	
Driving Range	$5,963	$6,015	$8,358	$8,857	$7,544	$9,812	$7,463	$9,384	$7,869	$6,657	$5,117	$0	$83,039	
Golf Lessons	$175	$175	$175	$175	$175	$175	$175	$175	$175	$175	$175	$0	$1,925	
Merchandise Sales	$9,238	$9,725	$10,462	$8,683	$9,199	$12,288	$11,856	$10,371	$10,858	$11,826	$7,406	$0	$111,911	
Restaurant	$2,359	$3,141	$4,837	$3,029	$2,377	$4,154	$3,225	$3,423	$2,319	$2,373	$2,463	$0	$33,700	
Special Assessments - Operations	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$1,519	$0	$16,712	
Miscellaneous Income	$2,867	$145	$189	$95	$105	$6	$113	$3,053	($2,346)	$737	$568	$0	$5,532	
Total Revenues	$151,152	$152,194	$183,522	$214,197	$208,747	$258,697	$210,000	$175,173	$170,724	$140,052	$139,297	$0	$2,003,757	

Golf Course Expenditures:
Other Contractual Services	

$710	

$1,035	

$1,035	

$1,635	

$1,847	

$798	

$2,278	

$720	

$1,501	

$1,733	

$1,352	

$0	

$14,643	
Telephone/Internet	$106	$106	$106	$106	$106	$106	$106	$106	$106	$228	$106	$0	$1,288	
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	$1,441	$0	$14,230	
Repairs & Maintenance	$419	$250	$0	$1,661	$2,596	$1,881	$554	$351	$844	$2,742	$1,790	$0	$13,089	
Advertising	($350)	$2,099	$4,117	$665	$1,364	$894	$830	$1,496	$1,240	$2,397	$1,733	$0	$16,482	
Bank Charges	$2,332	$3,112	$3,184	$3,636	$4,992	$4,426	$5,601	$5,152	$3,848	$3,719	$2,864	$0	$42,864	
Office Supplies	$78	$327	$115	$19	$263	$315	$324	$177	$362	$610	$105	$0	$2,695	
Operating Supplies	$442	$345	$566	$822	$110	$258	$289	$149	$149	$428	$228	$0	$3,787	
Dues, Licenses & Subscriptions	$180	$0	$293	$0	$943	$1,002	$793	$793	$1,278	$2,912	$776	$0	$8,970	
Drug Testing - All Departments	$0	$0	$49	$49	$0	$97	$292	$0	$0	$195	$389	$0	$1,070	
Training, Education & Employee Relations	$51	$381	$0	$0	$675	$0	$130	$100	$18	$300	$189	$0	$1,844	
Contractual Security	$482	$519	$662	$197	$196	$382	$382	$382	$196	$196	$196	$0	$3,789	
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	$11,169	$0	$128,741	

Restaurant Expenditures:														
Pest Control	$95	$95	$95	$95	$95	$95	$95	$190	$95	$95	$95	$0	$1,141	
Equipment Lease	$100	$147	$100	$100	$99	$99	$124	$99	$99	$99	$101	$0	$1,168	
Total Restaurant Expenditures	$195	$242	$195	$195	$194	$194	$219	$290	$194	$194	$196	$0	$2,310	

	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	

$16,240	

$0	

$185,531	
Administrative Fee	$1,586	$1,816	$1,511	$1,434	$1,193	$1,299	$1,236	$1,434	$1,236	$1,293	$1,129	$0	$15,166	
FICA Expense	$1,231	$1,395	$1,286	$1,304	$1,172	$1,336	$1,207	$1,573	$1,204	$1,243	$1,242	$0	$14,193	
Health Insurance	$43	$43	$33	$0	$33	$33	$33	$43	$33	$19	$35	$0	$348	
Workers Compensation	$439	$498	$459	$465	$419	$477	$431	$530	$283	$292	$292	$0	$4,586	
Unemployment	$521	$515	$569	$1,022	$920	$918	$790	$974	$464	$460	$410	$0	$7,563	
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	$1,734	$0	$18,692	
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	$95	$0	$1,141	
Supplies	$1,410	$1,019	$876	$1,205	$719	$1,318	$1,255	$1,127	$982	$1,488	$787	$0	$12,187	
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	$7,072	$0	$82,360	
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	$18	$0	$2,659	
Total Golf Operation Expenditures	$31,062	$32,692	$34,144	$34,307	$30,372	$32,920	$31,031	$35,747	$30,176	$30,814	$29,056	$0	$352,321	

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	$6,794	$0	$75,093	
Total Merchandise Sales	$6,482	$4,241	$8,630	$7,219	$3,007	$13,366	$6,058	$4,689	$9,239	$5,367	$6,794	$0	$75,093	

Golf Course Maintenance:
Salaries	

$32,200	

$38,863	

$31,368	

$38,115	

$26,216	

$33,570	

$29,500	

$36,305	

$32,206	

$34,645	

$35,109	

$0	

$368,097	
Administrative Fees	$852	$1,035	$822	$1,037	$815	$913	$935	$906	$589	$738	$669	$0	$9,310	
FICA Expense	$2,400	$2,819	$2,279	$2,776	$1,901	$2,456	$2,206	$2,677	$2,354	$2,636	$2,628	$0	$27,133	
Employee Insurance	$6,053	$3,786	$2,834	$3,671	$1,751	$2,785	$2,737	$3,039	$2,517	$2,640	$2,650	$0	$34,463	
Workers Compensation	$877	$1,061	$856	$1,039	$714	$914	$806	$931	$580	$616	$632	$0	$9,026	
Unemployment	$0	$0	$334	$2,177	$1,454	$1,393	$320	$191	$67	$81	$101	$0	$6,120	
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	$2,510	$0	$25,524	
Repairs	$4,341	$7,770	$817	$6,763	$1,613	$3,201	$909	$2,402	$2,278	$1,754	$6,858	$0	$38,706	
Fuel & Oil	$2,720	$1,078	$1,038	$320	$3,513	$2,491	$2,377	$1,494	$4,389	$4,836	$2,497	$0	$26,754	
Pest Control	$88	$88	$88	$88	$88	$88	$88	$175	$88	$88	$88	$0	$1,052	
Irrigation/Drainage	$1,150	$1,525	$1,527	$736	$736	$473	$1,047	$2,481	$931	$1,790	$789	$0	$13,185	
Sand and Topsoil	$321	$321	$0	$641	$0	$618	$1,457	$1,126	$1,891	$780	$873	$0	$8,028	
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	$8,181	$11,710	$14,538	$0	$74,618	
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	$201	$0	$2,449	
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	$228	$0	$660	
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	$1,236	$0	$6,492	
Training	$0	$0	$0	$0	$0	$552	$314	$0	$640	$0	$923	$0	$2,428	
Janitorial Supplies	$17	$155	$0	$0	$0	$0	$0	$300	$0	$0	$95	$0	$568	
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	$613	$0	$7,143	
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	$8,745	$0	$137,928	
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	$85,356	$80,954	$81,982	$0	$809,516	

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	$62	$0	$378	
Dissemination	$83	$83	$83	$83	$83	$83	$83	$83	$83	$83	$83	$0	$917	
Trustee Fees	$342	$342	$342	$342	$342	$342	$342	$681	$339	$339	$339	$0	$4,091	
Annual Audit	$125	$125	$125	$125	$125	$125	$125	$125	$125	$125	$125	$0	$1,375	
Golf Course Administrative Services	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$4,690	$0	$51,590	
Insurance	$6,127	$6,127	$6,127	$6,365	$6,127	$7,673	$7,241	$7,241	$7,241	$7,241	$7,465	$0	$74,975	
Property Taxes	$1,250	$1,250	$1,126	$1,757	$1,621	$3,431	$1,622	$1,621	$1,621	$1,621	$1,621	$0	$18,543	
Total Administrative Expenditures	$12,637	$12,637	$12,514	$13,382	$13,009	$16,364	$14,123	$14,523	$14,132	$14,161	$14,386	$0	$151,869	
														
Total Revenues	$151,152	$152,194	$183,522	$214,197	$208,747	$258,697	$210,000	$175,173	$170,724	$140,052	$139,297	$0	$2,003,757	
														
Total Expenditures	$131,958	$140,634	$131,059	$139,121	$119,433	$146,527	$132,066	$137,430	$149,788	$148,248	$143,584	$0	$1,519,849	
														
Operating Income (Loss)	$19,193	$11,560	$52,463	$75,076	$89,314	$112,170	$77,934	$37,743	$20,936	($8,195)	($4,286)	$0	$483,908	

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	

$46,688	

$0	

$513,563	
Interest Income	$1	$0	$1	$1	$1	$0	$2	$3	$1	$3	$1	$0	$15	
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)	($5,946)	$0	($25,272)	
Interest Expense	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	($11,702)	$0	($128,723)	
Principal Expense	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	($35,417)	$0	($389,583)	
Total Non Operating Revenues/(Expenditures)	($385)	($431)	($430)	($430)	($430)	($5,634)	($5,632)	($3,402)	($3,403)	($3,401)	($6,376)	$0	($29,956)	
														
Net Non Operating Income / (Loss)	$18,808	$11,129	$52,033	$74,646	$88,883	$106,536	$72,301	$34,341	$17,533	($11,597)	($10,663)	$0	$453,952	

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	

$7,406	

$0	

$111,911	
Total Revenues	$9,238	$9,725	$10,462	$8,683	$9,199	$12,288	$11,856	$10,371	$10,858	$11,826	$7,406	$0	$111,911	

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	$6,794	$0	$75,093	
Total Expenditures	$6,482	$4,241	$8,630	$7,219	$3,007	$13,366	$6,058	$4,689	$9,239	$5,367	$6,794	$0	$75,093	
														
Operating Income (Loss)	$2,756	$5,484	$1,832	$1,464	$6,191	($1,078)	$5,798	$5,682	$1,619	$6,459	$612	$0	$36,818	

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:	$234,603	
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
8/31/20		Actuals
8/31/21		
Variance		Year to Date
8/31/20		Year to Date
8/31/21		
Variance	

Revenues:
Greens Fees	

$	95,788		

$	104,475		

$	8,687		

$  1,226,048		

$  1,505,439		

$	279,391	
Gift Cards - Sales	$	309		$	369		$	60		$	7,129		$	10,079		$	2,950	
Gift Cards - Usage	$	(959)		$	(1,131)		$	(172)		$	(12,033)		$	(18,322)		$	(6,289)	
Season Advance/Trail Fees	$	16,523		$	17,467		$	944		$	196,919		$	215,505		$	18,585	
Associate Memberships	$	1,659		$	869		$	(790)		$	34,839		$	38,236		$	3,397	
Driving Range	$	6,594		$	5,117		$	(1,477)		$	69,572		$	83,039		$	13,467	
Golf Lessons	$	175		$	175		$	-		$	1,865		$	1,925		$	60	
Merchandise Sales	$	8,957		$	7,406		$	(1,551)		$	104,468		$	111,911		$	7,443	
Restaurant	$	2,162		$	2,463		$	301		$	24,046		$	33,700		$	9,654	
Special Assessments - Operations	$	1,877		$	1,519		$	(358)		$	20,650		$	16,712		$	(3,937)	
Miscellaneous Income	 $	2,621 		 $	568 		 $	(2,053) 		 $	22,653 		 $	5,532 		 $	(17,121) 	
Total Revenues	 $	135,706 		 $	139,297 		 $	3,591 		 $  1,696,156 		 $  2,003,757 		 $	307,601 	
Expenditures:
Golf Course Expenditures	
$	10,883		
$	11,169		
$	(287)		
$	121,029		
$	128,741		
$	(7,712)	
Restaurant	$	195		$	196		$	(1)		$	2,217		$	2,310		$	(92)	
Golf Operations	$	31,043		$	29,056		$	1,987		$	374,752		$	352,321		$	22,430	
Merchandise Sales	$	4,696		$	6,794		$	(2,098)		$	87,084		$	75,093		$	11,991	
Golf Course Maintenance	$	79,657		$	81,982		$	(2,325)		$	924,765		$	809,516		$	115,250	
Administrative	 $	12,570 		 $	14,386 		 $	(1,816) 		 $	135,664 		 $	151,869 		 $	(16,205) 	
Total Expenditures	 $	139,043 		 $	143,584 		 $	(4,540) 		 $  1,645,510 		 $  1,519,849 		 $	125,661 	
Operating Income/(Loss)	 $	(3,337) 		 $	(4,286) 		 $	(949) 		 $	50,646 		 $	483,908 		 $	433,262 	

$	89,060	$	108,253	$	119,813	$	172,277	$	247,353	$	336,666	$	448,837	$	526,770	$ 564,513	$ 585,449	$	577,254	

$	108,253	$	119,813	$	172,277	$	247,353	$	336,666	$	448,837	$	526,770	$	564,513	$ 585,449	$ 577,254	$	572,968	

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	$	572,968
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	$	139,297		$	137,162	$  2,140,919	
	$	148,793	$	149,053	$	178,685	$	211,169	$	206,369	$	254,543	$	206,775	$	171,750	$ 168,405	$ 137,680	$	136,835		$	135,742	$  2,105,799	
	$	2,359	$	3,141	$	4,837	$	3,029	$	2,377	$	4,154	$	3,225	$	3,423	$	2,319	$	2,373	$	2,463		$	1,420	$	35,120	
				
Total All Cash	$	240,212  $	260,448  $	303,336  $	386,474  $	456,100  $	595,364	$	658,837  $	701,943  $ 735,237  $ 725,502  $	716,551		$	710,130	$  2,140,919	

Expenses	
Golf Course
Course Operations
Restaurant	$	131,958	$	140,634	$	131,059	$	139,121	$	119,433	$	146,527	$	132,066	$	137,430	$ 149,788	$ 148,248	$	143,584		$	160,358	$  1,680,207	
	$	131,764	$	140,392	$	130,864	$	138,927	$	119,239	$	146,333	$	131,847	$	137,141	$ 149,593	$ 148,053	$	143,387		$	160,194	$  1,677,734	
	$	195	$	242	$	195	$	195	$	194	$	194	$	219	$	290	$	194	$	194	$	196		$	163	$	2,472	

Cash Less Expenses	$	549,772

Projected Revenues FY 2021		$ 2,140,919 Projected Expenses FY 2021	 $ 1,680,207  Projected Surplus(Deficit) FY 2021  $	460,712 	

Project Fund	Estimated Original Costs	Changes	Projected Revised Costs	Approved Costs	Remaining	Spent	Status/Estimation

Authorization 2021-1 Engineer Approved, Req
Irrigation System	$2,080,000	$2,080,000	$74,200	$2,005,800	$17,760 20-21, and req 24, Req 28, Req 38, Req 45	
Bunker Renovation & Liners	$1,090,000	$1,090,000	$0	$1,090,000	$0	
Req #5, 16-18 for Engineering, Req #11 for
$98,595.16, Req #15 for $308,358, Req #19,
Req 22-23, Req 29 & 30, Reqs 33 and 35, Req
Bulkheads	$375,000	$344,142	$719,142	$719,142	$0	$719,142 37, Req 44	
Tee Box Renovation	$150,000		$150,000		$150,000	$0	
Cart Path Extensions	$175,000		$175,000		$175,000	$0	
Regrass Fairways and Slopes	$125,000		$125,000	$7,862	$117,138	$7,862 Hole #2 Approved - $7,862.40 - Req 6	
Maintenance Building Repairs	$40,000		$40,000	$2,800	$37,200	$2,800 Req 51	
Driving Range Tee	$20,000		$20,000		$20,000	$0	
Golf Course Lake - Banks	$150,000		$150,000		$150,000	$0	
#7 Green	$65,000		$65,000		$65,000	$0	
Pump Station Filter	$35,000		$35,000		$35,000	$0	
Culvert Repair #7 - Butterfly Valve	$37,500		$37,500		$37,500	$0	
Clubhouse	$580,000	-$344,142	$235,858		$235,858	$0	
Woodside Park Restrooms	$25,000		$25,000		$25,000	$0	
Dog Park	$55,000		$55,000	$30,376	$24,624	$30,376 Req 43, 46, and 47	
Woodside Park Playground	$45,000	$6,889	$51,889	$51,899	-$10	$51,899 Req 14, Req 26, Req 31, Req 36, Req 39-40, Re	
Sidewalk Repair	$75,000		$75,000	$43,399	$31,601	$43,399 Req 13, Req 25, Req 48	
Pavillion	$95,000		$95,000	$0	$95,000	$0	
Maintenance Equipment	$337,000	$75,669	$412,669	$412,669	$0	$412,669 Req 4, 7-10, 12, Req 27, Req 34, Req 41, Req 42	
Lost Revenue	$287,395		$287,395		$287,395	$0	
Contingency	$180,690	-$82,558	$98,132		$98,132	$0	
	$6,022,585	$0	$6,022,585	$1,342,348	$4,680,237	$1,285,908	

Updated 9/16/21

PY
Monthly	
PY
Year to Date	
Vs. PY
Monthly	
Vs. PY
Year to Date	
$18,775	$218,375	$1,874	$69,399	
$18,370	$277,619	($857)	($14,979)	
$46,674	$588,359	$1,706	$87,663	
$13,924	$125,072	$3,268	$146,054	
$0	$0	$0	$0	
$0	$0	$0	$0	
($2,243)	($20,447)	($1,538)	($6,722)	

$95,500	
$1,188,978	
$4,453	
$281,415	

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$34.45	$39.84	$1.21	($0.10)	
$27.17	$31.88	$0.58	$0.18	
$34.55	$33.55	($0.33)	$3.38	
$34.81	$36.52	$0.20	$0.40	
#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	
#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	
$24.12	$26.97	$0.76	$1.36	
$33.17	$34.57	$0.56	$2.07	
PY	PY	Vs. PY
Monthly
$944
$4.72	Vs. PY
Year to Date
$19,107
$1.32	
Monthly	Year to Date			
$16,523	$196,395			
$27.63	$23.64			

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

PY	PY
Monthly	Year to Date	
Vs. PY	Vs. PY
Monthly	Year to Date	
545	5,481
676	8,708
1,351	17,538
400	3,425
0	0
0	0
(93)	(758)	34	1,760
(45)	(515)
63	770
91	3,920
0	0
0	0
(59)	(201)
84	5,734

(58)	325
(58)	325

(88)	(833)
(33)	(493)
(121)	(1,326)

9	355

(86)	5,088	
2,879	34,394		
598	8,309		
598	8,309		
170	1,748
85	1,375		
255	3,123		
269	2,783		
4,001	48,609		

Rounds of Golf
Monthly	Year to Date	
Paid Rounds					
Rounds of Golf- Associate Member	579	15%	7,241	13%	
Rounds of Golf- CDD Resident	631	16%	8,193	15%	
Rounds of Golf - Public	1,414	36%	18,308	34%	
Rounds of Golf - Golf Now / EZ Links	491	13%	7,345	14%	
Rounds of Golf- Tournaments	0	0%	0	0%	
Rounds of Golf- Misc	0	0%	0	0%	
Rain Check Issued	(152)	-4%	(959)	-2%	
Total Paid Rounds	2,963		40,128		
Member Rounds
Rounds of Golf - Members	
	540 	
14%	
	8,634 	
16%	
Total Member Rounds	540		8,634		
Comp Rounds					
Rounds of Golf- Staff/Comp	82	2%	915	2%	
Rounds of Golf- Other Comp	52	1%	882	2%	
Total Comp Rounds	134		1,797		
Rounds of golf - GolfNow/EZ Links		278 	7%		3,138 	6%	
TOTAL ROUNDS OF GOLF	3,915	100%	53,697	100%	
					
Revenues					

Greens Fee Revenue	Monthly		Year to Date		
Rounds of Golf- Associate Member	$20,649	21%	$287,774	20%	
Rounds of Golf- CDD Resident	$17,513	18%	$262,640	18%	
Rounds of Golf - Public	$48,380	48%	$676,022	46%	
Rounds of Golf - Golf Now / EZ Links	$17,192	17%	$271,126	18%	
Rounds of Golf- Tournaments	$0	0%	$0	0%	
Rounds of Golf- Misc	$0	0%	$0	0%	
Rain Check Issued	($3,781)	-4%	($27,169)	-2%	

TOTAL GREENS FEE REVENUE	
$99,953	
100%	
$1,470,393	
100%	
					
Average $ per Round of Golf					

Average $ per round of Golf	Monthly		Year to Date		
Rounds of Golf- Associate Member	$35.66		$39.74		
Rounds of Golf- CDD Resident	$27.75		$32.06		
Rounds of Golf - Public	$34.21		$36.92		
Rounds of Golf - Golf Now / EZ Links	$35.01		$36.91		
Rounds of Golf- Tournaments	#DIV/0!		#DIV/0!		
Rounds of Golf- Misc	$0.00		$0.00		
Rain Check Issued	$24.88		$28.33		
TOTAL - Average $ per round of Golf	$33.73		$36.64		
					
	Monthly		Year to Date		
Membership Revenue		$17,467 			$215,502 		
Average $ per round of Golf	$32.35		$24.96		

PY - PREVIOUS YEAR