Viera East
Community Development District

Unaudited Financial Reporting
November 30, 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	

16-19	

Month by Month- Golf Course	

20	

Month by Month- Proshop	

21	
Long Term Debt Report	

22	
FY2022 Tax Receipt Schedule	

Viera East
Community Development District
Combined Balance Sheet November 30, 2021

	Governmental Fund Types

General 	Capital Reserve	

Debt Service	

Capital Projects	
 Golf  Course/Recreation 	
Totals
 (memorandum only) 	
Assets						
Operating Account	$1,205,575	$158,058	----	----	$467,340	$1,830,973	
Accounts Receivable	----	----	----	----	$245	$245	
Due From Golf Course	$15,028	----	----	----	----	$15,028	
Due From General Fund	----	----	$612,673	----	$278,545	$891,218	
Due From Capital Reserve	$209	----	----	----	$128	$337	
Due from Debt Service	----	----	----	----	$22,922	$22,922	
Due from Other	----	----	----	----	$3,512	$3,512	
Due from Capital Projects	----	$37,975	----	----	$16,065	$54,040	
Inventory - Pro Shop	----	----	----	----	$37,416	$37,416	
Inventory - Hook and Eagle	----	----	----	----	$13,937	$13,937	
Investments:						
State Board	----	$121,679	----	----	----	$121,679	
Benefit Assessment- Series 2012	----	----	----	----	$4,118	$4,118	
Reserve - Series 2012	----	----	----	----	$280,128	$280,128	
Bond Service- Series 2012	----	----	----	----	$14	$14	
Bond Service- Series 2006	----	----	$402,310	----	----	$402,310	
Reserve- Series 2020	----	----	$234,606	----	----	$234,606	
Temporary Interest Series 2020	----	----	$180,637	----	----	$180,637	
Project- Series 2020	----	----	----	$4,800,648	----	$4,800,648	
Improvements (Net of Depreciation)	----	----	----	----	$1,138,838	$1,138,838	
Prepaid Expenses- Operations	$11,778	----	----	----	$143,538	$155,316	
Total Assets	$1,232,591	$317,712	$1,430,226	$4,800,648	$2,406,746	$10,187,924	
Liabilities						
Accounts Payable	$14,743	$9,790	----	----	$54,569	$79,103	
Accrued Expenses	----	----	----	----	$12,865	$12,865	
Deferred Revenue- Season Advance	----	----	----	----	$43,298	$43,298	
Deferred Revenue- Special Assessments O&M	----	----	----	----	$15,193	$15,193	
Deferred Revenue- Special Assessments Debt	----	----	----	----	$54,158	$54,158	
Deposit-Divots Grill	----	----	----	----	$1,814	$1,814	
Due to General Fund	----	$209	----	----	$15,028	$15,238	
Accrued Interest Payable	----	----	----	----	$56,422	$56,422	
Accrued Principal Payable	----	----	----	----	$68,833	$68,833	
Sales Tax Payable	----	----	----	----	$16,831	$16,831	
Event Deposits	----	----	----	----	($442)	($442)	
Due to Golf Course	$278,545	----	$22,922	$16,065	----	$317,532	
Due to Debt Service	$612,673	----	----	----	----	$612,673	
Due to Capital Reserve	----	----	----	$37,975	----	$37,975	
Accrued Payroll Payable	$8,677	----	----	----	$24,173	$32,850	
Bonds Payable - Series 2012	----	----	----	----	$2,895,000	$2,895,000	
Bond Discount	----	----	----	----	($13,414)	($13,414)	
Deferred Loss	----	----	----	----	($130,973)	($130,973)	
Fund Equity						
Net Assets	----	----	----	----	($706,610)	($706,610)	
Fund Balances						
Assigned - First Quarter	$176,000	----	----	----	----	$176,000	
Nonspendable - Prepaid Expense	$11,778	----	----	----	----	$11,778	
Unassigned	$130,175	----	----	----	----	$130,175	
Assigned- Capital Reserve Fund	----	$307,712	----	----	----	$307,712	
Restricted for Capital Projects	----	----	----	$4,746,608	----	$4,746,608	
Restricted for Debt Service	----	----	$1,407,304	----	----	$1,407,304	
Total Liabilities, Fund Equity, Other	$1,232,591	$317,712	$1,430,226	$4,800,648	$2,406,746	$10,187,924	

Revenues		
Maintenance Assessments	$808,157	$231,577	$231,577	$0	
Golf Course Administrative Services	$56,280	$9,380	$9,380	$0	
Donations for Park Material	$0	$0	$2,450	$2,450	
Interest Income	$100	$17	$52	$36	
Total Revenues	$864,536	$240,974	$243,459	$2,486	

Administrative Expenditures					
Supervisors Fees	$30,496	$5,083	$3,590	$1,493	
Engineering Fees	$5,000	$833	$0	$833	
Attorney's Fees	$5,000	$833	$0	$833	
Dissemination	$1,000	$167	$167	$0	
Trustee Fees	$5,600	$933	$0	$933	
Annual Audit	$6,500	$1,083	$0	$1,083	
Collection Agent	$2,500	$417	$417	$0	
Management Fees	$103,454	$17,242	$17,242	($0)	
Postage	$1,500	$250	$28	$222	
Printing & Binding	$2,500	$417	$115	$302	
Insurance- Liability	$8,040	$1,340	$1,166	$174	
Legal Advertising	$1,500	$250	$0	$250	
Other Current Charges	$1,500	$250	$107	$143	
Office Supplies	$1,500	$250	$10	$240	
Dues & Licenses	$175	$175	$175	$0	
Information Technology	$4,250	$708	$708	($0)	
Total Administrative	$180,515	$30,232	$23,725	$6,507	

Operating Expenditures		
Salaries	$147,487	$24,581	$25,301	($720)	
Administration Fee	$1,388	$231	$191	$40	
FICA Expense	$11,283	$1,881	$1,719	$162	
Health Insurance	$17,410	$2,902	$1,616	$1,285	
Workers Compensation	$2,891	$482	$455	$27	
Unemployment	$842	$140	$0	$140	
Other Contractual	$7,500	$1,250	$1,864	($614)	
Marketing- Lifestyle/Amenities	$18,000	$3,000	$3,183	($183)	
Training	$500	$83	$0	$83	
Uniforms	$500	$83	$0	$83	
Total Operating	$207,801	$34,634	$34,329	$304	

Maintenance Expenditures					
Canal Maintenance	$14,000	$2,333	$0	$2,333	
Lake Bank Restoration	$30,000	$5,000	$0	$5,000	
Environmental Services	$20,000	$3,333	$0	$3,333	
Water Management System	$99,000	$16,500	$10,218	$6,282	
Midge Control	$15,000	$2,500	$0	$2,500	
Contingencies	$2,000	$333	$0	$333	
Fire Line Maintenance	$2,000	$333	$2,000	($1,667)	
Basin Repair	$3,000	$500	$0	$500	
Total Maintenance	$185,000	$30,833	$12,218	$18,616	

Grounds Maintenance Expenditures		
Salaries	$166,108	$27,685	$23,030	$4,655	
Administrative Fees	$3,446	$574	$382	$192	
FICA	$12,707	$2,118	$1,686	$432	
Health Insurance	$28,182	$4,697	$2,710	$1,987	
Workers Compensation	$3,256	$543	$415	$128	
Unemployment	$2,506	$418	$0	$418	
Telephone	$6,250	$1,042	$1,168	($127)	
Utilities	$7,200	$1,200	$805	$395	
Property Appraiser	$1,990	$332	$0	$332	
Insurance- Property	$2,197	$366	$439	($73)	
Repairs	$15,000	$2,500	$6,235	($3,735)	
Fuel	$10,000	$1,667	$2,704	($1,037)	
Park Maintenance	$7,500	$1,250	$504	$746	
Sidewalk Repair	$10,000	$1,667	$0	$1,667	
Chemicals	$4,000	$667	$240	$427	
Contingencies	$4,000	$667	$800	($133)	
Refuse	$6,000	$1,000	$720	$280	
Office Supplies	$750	$125	$0	$125	
Uniforms	$3,000	$500	$322	$178	
Fire Alarm System	$7,500	$1,250	$1,023	$227	
Rain Bird Pump System	$27,576	$4,596	$4,597	($1)	
Park Materials	$0	$0	$1,748	($1,748)	
Total Grounds Maintenance	$329,168	$54,861	$49,528	$5,334	
					
Total Expenditures	$902,484	$150,560	$119,799	$30,761	
					
Operating Income (Loss)	($37,948)	$90,414	$123,660	$33,246	

Non Operating Revenues/(Expenditures)					
Reserve Funding- Transfer Out (Capital Reserve)	($5,000)	$0	$0	$0	
Reserve Funding- Transfer Out (Excess)	$0	$0	$0	$0	
Total Non Operating Revenues/(Expenditures)	($5,000)	$0	$0	$0	
					
Excess Revenue/(Expenditures)	($42,948)	$90,414	$123,660	$33,246	
					
Beginning Fund Balance	$42,948		$194,293		
					
Ending Fund Balance	$0		$317,953		

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

Adopted
Budget

Prorated Budget
11/30/21

Actual
11/30/21

Variance

Revenues

Interest Income	$1,000	$167	$20	($147)	
Reserve Funding - Transfer In (General)	$5,000	$0	$0	$0	
Reserve Funding - Transfer In (Golf)	$6,694	$0	$0	$0	
Reserve Funding - Transfer In (General Excess)	$0	$0	$0	$0	
Total Revenues	$12,694	$167	$20	($147)	

Expenditures					
Capital Outlay	$100,000	$0	$0	$0	
Truck Maintenance	$25,000	$0	$0	$0	
Transfer Out	$0	$0	$0	$0	
Total Expenditures	$125,000	$0	$0	$0	
					
Excess Revenues/(Expenditures)	($112,306)		$20		
					
Beginning Fund Balance	$315,696		$307,692		
					
Ending Fund Balance	$203,390		$307,712		

Viera East Community Development District
Capital Reserve Fund Capital Outlay Check Register Detail
For Period Ending November 30, 2021

Check Date	Vendor	Detail	Amount

Capital Outlay
FY2022

Total	 $	-	

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

	Adopted
Budget	Prorated Budget
11/30/21	Actual
11/30/21	
Variance	
Revenues					
Special Assessments	$2,089,942	$598,873	$598,873	$0	
Interest Income	$100	$17	$4	($13)	
Total Revenues	$2,090,042	$598,889	$598,877	($13)	

Expenditures					
Series 2006 Interest-11/1	
$65,119	
$65,119	
$65,119	
$0	
Interest-5/1	$65,119	$0	$0	$0	
Principal-5/1	$2,265,000	$0	$0	$0	
Total Expenditures	$2,395,238	$65,119	$65,119	$0	
					
Excess Revenues/(Expenditures)	($305,196)		$533,758		
					
Beginning Fund Balance	$458,327		$458,303		
					
Ending Fund Balance	$153,131		$992,061		

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

Adopted
Budget

Prorated Budget	Actual
11/30/21	11/30/21

Variance

Revenues

Interest Income	$500	$83	$4	($79)	
Total Revenues	$500	$83	$4	($79)	

Expenditures					
Series 2020 Interest-11/1	
$90,308	
$90,308	
$90,308	
$0	
Interest-5/1	$90,308	$0	$0	$0	
Total Expenditures	$180,615	$90,308	$90,308	$0	
					
Excess Revenues/(Expenditures)	($180,115)		($90,303)		
					
Beginning Fund Balance	$270,953		$505,547		
					
Ending Fund Balance	$90,838		$415,243		

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

Actual
11/30/21

Revenues

Interest Income	$40

$40

Total Revenues

Expenditures

Capital Outlay	$35,454
Cost of Issuance	$0

$35,454

Total Expenditures

($35,414)

Excess Revenues/(Expenditures)

$4,782,022

Beginning Fund Balance

$4,746,608

Ending Fund Balance

Number of Rounds		
Paid Rounds	35,250		3,227	2,358	869		6,490	2,312	4,178	
Member Rounds	10,000		814	669	145		1,515	656	859	
Comp Rounds	3,000		329	201	128		543	197	346	
EZ Links	3,000		0	134	(134)		-	197	(197)	
GolfNow	2,000		71	134	(63)		379	131	248	
Total Memberships	60		5	-	5		14	60	(46)	
Revenue per Round										
Paid Rounds	$40		$40	$50	($10)		$40	$93	($53)	
Revenues										
Greens Fees	$1,426,357		$129,054	$116,961	$12,092		$258,077	$214,667	$43,410	
Gift Cards- Sales	$25,000		$397	$2,050	($1,653)		$745	$3,763	($3,017)	
Gift Cards- Usage	($25,000)		($281)	($2,050)	$1,769		($2,206)	($3,763)	$1,556	
Season Advance/Trail Fees	$210,000		$22,472	$17,220	$5,252		$43,044	$31,605	$11,439	
Associate Memberships	$42,000		$2,565	$3,444	($879)		$4,303	$6,321	($2,018)	
Driving Range	$80,000		$7,328	$6,560	$768		$14,595	$12,040	$2,555	
Golf Lessons	$2,100		$175	$172	$3		$350	$316	$34	
Merchandise Sales	$115,000		$7,720	$9,430	($1,710)		$19,924	$17,308	$2,616	
Restaurant	$20,000		$28,719	$1,640	$27,079		$52,571	$3,010	$49,561	
Assessments -Recreation Operating	$18,239		$1,519	$1,519	$0		$3,039	$3,039	$0	
Miscellaneous Income	$15,000		$1,030	$1,250	($220)		$2,349	$2,499	($150)	
Total Revenues	$1,928,696		$200,696	$158,196	$42,500		$396,789	$290,804	$105,985	

Golf Course Expenditures										
Other Contractual Services	$15,000		$1,763	$1,250	($513)		$3,009	$2,499	($510)	
Telephone	$2,500		$106	$208	$102		$212	$417	$205	
Postage	$2,000		$0	$167	$167		$0	$333	$333	
Printing & Binding	$1,000		$0	$83	$83		$0	$167	$167	
Utilities	$15,900		$307	$1,324	$1,018		$649	$2,649	$2,000	
Repairs & Maintenance	$8,000		$2,610	$666	($1,944)		$5,138	$1,333	($3,805)	
Marketing- Golf Marketing	$39,000		$1,748	$3,249	$1,501		$3,482	$6,497	$3,015	
Bank Charges	$35,000		$4,423	$2,916	($1,507)		$7,402	$5,831	($1,571)	
Office Supplies	$4,000		$129	$333	$205		$765	$666	($98)	
Operating Supplies	$5,000		$2,906	$417	($2,490)		$3,063	$833	($2,230)	
Dues, Licenses & Subscriptions	$8,000		$0	$666	$666		$180	$1,333	$1,153	
Drug Testing- All departments	$500		$0	$42	$42		$0	$83	$83	
Training, Education & Employee Relations	$3,000		$91	$250	$159		$91	$500	$409	
Contractual Security	$3,000		$0	$250	$250		$0	$500	$500	
IT Services	$3,000		$0	$250	$250		$810	$500	($310)	
Total Golf Course Expenditures	$144,900		$14,082	$12,070	($2,012)		$24,800	$24,140	($660)	

Restaurant Expenditures										
Restaurant Manager Contract	$0		$2,708	$0	($2,708)		$9,046	$0	($9,046)	
Salaries	$0		$13,375	$0	($13,375)		$22,635	$0	($22,635)	
Administrative Fee	$0		$421	$0	($421)		$842	$0	($842)	
FICA Expense	$0		$1,176	$0	($1,176)		$1,977	$0	($1,977)	
Health Insurance	$0		$80	$0	($80)		$80	$0	($80)	
Workers Compensation	$0		$211	$0	($211)		$350	$0	($350)	
Unemployment	$0		$434	$0	($434)		$893	$0	($893)	
Utilities	$0		$818	$0	($818)		$1,308	$0	($1,308)	
Pest Control	$1,200		$95	$80	($15)		$217	$159	($58)	
Equipment Lease	$1,100		$100	$74	($26)		$201	$146	($56)	
Janitorial Services	$0		$950	$0	($950)		$950	$0	($950)	
Repairs	$0		$4,168	$0	($4,168)		$8,950	$0	($8,950)	
Kitchen Equipment/Supplies	$0		$270	$0	($270)		$4,587	$0	($4,587)	
Paper & Plastic Supplies	$0		$511	$0	($511)		$1,378	$0	($1,378)	
Operating Supplies	$0		$2,083	$0	($2,083)		$8,892	$0	($8,892)	
Food Cost	$0		$8,632	$0	($8,632)		$8,632	$0	($8,632)	
Snack Cost	$0		$2,869	$0	($2,869)		$2,869	$0	($2,869)	
Beer Cost	$0		$7,866	$0	($7,866)		$7,866	$0	($7,866)	
Beverage Cost	$0		$2,972	$0	($2,972)		$2,972	$0	($2,972)	
Wine Cost	$1		$760	$0	($760)		$760	$0	($760)	
Liquor Cost	$0		$2,464	$0	($2,464)		$2,464	$0	($2,464)	
First Aid	$0		$0	$0	$0		$171	$0	($171)	
IT Services	$0		$0	$0	$0		$3,950	$0	($3,950)	
Uniforms	$0		$237	$0	($237)		$249	$0	($249)	
Entertainment	$0		$0	$0	$0		$300	$0	($300)	
Dues & License	$0		$599	$0	($599)		$1,054	$0	($1,054)	
Total Restaurant Expenditures	$2,301		$53,800	$154	($53,646)		$93,594	$305	($93,289)	

Golf Operation Expenditures										
Salaries	$239,595		$16,253	$19,965	$3,713		$35,716	$39,931	$4,215	
Administrative Fee	$19,039		$1,298	$1,587	$289		$2,725	$3,173	$448	
FICA Expense	$18,329		$1,231	$1,527	$296		$2,706	$3,055	$348	
Health Insurance	$739		$596	$62	($535)		$1,117	$123	($994)	
Workers Compensation	$4,696		$293	$391	$99		$643	$783	$140	
Unemployment	$12,835		$266	$1,070	$803		$667	$2,139	$1,472	
Golf Printing	$2,200		$0	$183	$183		$0	$367	$367	
Utilities	$22,500		$1,471	$1,875	$404		$1,814	$3,750	$1,936	
Repairs	$250		$0	$21	$21		$50	$42	($8)	
Pest Control	$1,200		$95	$100	$5		$217	$200	($17)	
Supplies	$10,000		$1,198	$833	($365)		$1,706	$1,667	($39)	
Uniforms	$1,500		$0	$125	$125		$0	$250	$250	
Training, Education & Employee Relations	$2,000		$0	$167	$167		$0	$333	$333	
Fuel	$500		$0	$42	$42		$0	$83	$83	
Cart Lease	$87,763		$7,072	$7,314	$242		$14,435	$14,627	$192	
Cart Maintenance	$4,000		$34	$333	$300		$1,181	$667	($514)	
Driving Range	$10,000		$3,000	$833	($2,167)		$3,000	$1,667	($1,333)	
Total Golf Operation Expenditures	$437,146		$32,806	$36,428	$3,622		$65,977	$72,856	$6,879	

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

Merchandise Sales										
Cost of Goods Sold	$77,000		$4,835	$6,417	$1,582		$10,609	$12,833	$2,225	
Total Merchandise Sales	$77,000		$4,835	$6,417	$1,582		$10,609	$12,833	$2,225	

Golf Course Maintenance										
Salaries	$420,047		$36,410	$35,004	($1,406)		$74,491	$70,008	($4,483)	
Administrative Fees	$9,595		$674	$800	$126		$1,374	$1,599	$225	
FICA Expense	$32,134		$2,732	$2,678	($54)		$5,583	$5,356	($227)	
Employee Insurance	$43,225		$2,739	$3,602	$863		$5,054	$7,204	$2,150	
Workers Compensation	$9,341		$654	$778	$124		$1,339	$1,557	$218	
Unemployment	$7,165		$94	$597	$503		$164	$1,194	$1,030	
Fire Alarm System	$4,000		$0	$333	$333		$2,509	$667	($1,842)	
Utilities/Water	$26,200		$2,248	$2,183	($65)		$4,613	$4,367	($247)	
Repairs	$48,000		$1,877	$4,000	$2,123		$5,876	$8,000	$2,124	
Fuel & Oil	$40,000		$1,084	$3,333	$2,249		$211	$6,667	$6,456	
Pest Control	$1,000		$99	$83	($15)		$1,811	$167	($1,645)	
Irrigation/Drainage	$30,000		$581	$2,500	$1,919		$2,021	$5,000	$2,979	
Sand and Topsoil	$26,500		$1,031	$2,208	$1,177		$1,470	$4,417	$2,946	
Flower/Mulch	$7,000		$973	$583	($390)		$36,596	$1,167	($35,429)	
Fertilizer	$139,000		$4,395	$11,583	$7,189		$0	$23,167	$23,167	
Seed/Sod	$16,500		$0	$1,375	$1,375		$620	$2,750	$2,130	
Trash Removal	$2,000		$414	$167	($247)		$0	$333	$333	
Contingency	$6,000		$0	$500	$500		$151	$1,000	$850	
First Aid	$800		$22	$67	$45		$0	$133	$133	
Office Supplies	$1,000		$0	$83	$83		$4,263	$167	($4,097)	
Operating Supplies	$15,000		$1,116	$1,250	$134		$886	$2,500	$1,614	
Training	$1,000		$886	$83	($802)		$30	$167	$137	
Janitorial Supplies	$1,000		$30	$83	$53		$0	$167	$167	
Janitorial Services	$20,000		$0	$1,667	$1,667		$1,413	$3,333	$1,920	
Soil & Water Testing	$1,000		$707	$83	($623)		$1,297	$167	($1,130)	
Uniforms	$8,500		$628	$708	$80		$34	$1,417	$1,382	
Equipment Rental	$2,000		$0	$167	$167		$21,992	$333	($21,659)	
Equipment Lease	$177,975		$13,473	$14,831	$1,358		$0	$29,663	$29,663	
Small Tools	$500		$0	$42	$42		$0	$83	$83	
Total Golf Course Maintenance	$1,096,482		$72,866	$91,374	$18,508		$173,800	$182,747	$8,947	

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

Administrative Expenditures										
Legal Fees	$1,500		$0	$125	$125		$0	$250	$250	
Engineering	$0		$0	$0	$0		$210	$0	($210)	
Arbitrage	$600		$0	$50	$50		$0	$100	$100	
Dissemination	$1,000		$83	$83	$0		$167	$167	$0	
Trustee Fees	$4,100		$0	$342	$342		$0	$683	$683	
Annual Audit	$1,500		$0	$125	$125		$0	$250	$250	
Golf Course Administrative Services	$56,280		$4,690	$4,690	$0		$9,380	$9,380	$0	
Insurance	$85,019		$7,531	$7,085	($446)		$15,063	$14,170	($893)	
Property Taxes	$10,000		$673	$833	$160		$673	$1,667	$993	
Total Administrative Expenditures	$159,999		$12,978	$13,333	$356		$25,492	$26,667	$1,174	
										
Total Revenues	$1,928,696		$200,696	$158,196	$42,500		$396,789	$290,804	$105,985	
										
Total Expenditures	$1,917,828		$191,366	$159,775	($31,591)		$394,272	$319,548	-$74,724	
										
Operating Income (Loss)	$10,868		$9,331	($1,579)	$10,910		$2,517	($28,744)	$31,261	
Non Operating Revenues/(Expenditures)										
Special Assessments	$560,250		$46,688	$46,688	$1		$93,376	$46,688	$46,689	
Interest Income	$1,000		$1	$83	($82)		$3	$83	($81)	
Reserve Funding- Transfer Out (Capital Reserve)	($6,694)		$0	($558)	($558)		$0	($558)	$558	
Interest Expense	($140,425)		($11,702)	($11,702)	$0		($23,404)	($11,702)	($11,702)	
Principal Expense	($425,000)		($34,417)	($35,417)	$1,000		($68,833)	($35,417)	($33,417)	
Total Non Operating Revenues/(Expenditures)	($10,869)		$571	($906)	$361		$1,141	($906)	$2,047	
										
Change in Net Assets	-$1		$9,901	($2,485)	$11,270		$3,658	($29,649)	$33,308	
										
Beginning Net Assets	$0		----	----	----		($710,269)	----	----	
										
Ending Net Assets	-$1		----	----	----		($706,610)	----	----	

	October	November	December	January	February	March		April		May		June		July		August		September	Total	
Revenues																				
Maintenance Assessments	$0	$231,577	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$231,577	
Golf Course Administrative Services	$4,690	$4,690	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$9,380	
Donations for Park Material	$1,250	$1,200	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$2,450	
Interest Income	$52	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$52	
Total Revenues	$5,992	$237,467	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$243,459	

Administrative Expenditures																				
Supervisors Fees	$1,343	$2,247	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$3,590	
Engineering Fees	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Attorney's Fees	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Dissemination	$83	$83	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$167	
Trustee Fees	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Annual Audit	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Collection Agent	$208	$208	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$417	
Management Fees	$8,621	$8,621	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$17,242	
Postage	$3	$25	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$28	
Printing & Binding	$32	$83	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$115	
Insurance- Liability	$583	$583	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,166	
Legal Advertising	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Other Current Charges	$82	$25	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$107	
Office Supplies	$0	$10	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$10	
Dues & Licenses	$175	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$175	
Information Technology	$354	$354	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$708	
Total Administrative	$11,485	$12,240	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$23,725	

Operating Expenditures																				
Salaries	$13,286	$12,015	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$25,301	
Administration Fee	$100	$91	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$191	
FICA Expense	$914	$805	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,719	
Health Insurance	$804	$812	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,616	
Workers Compensation	$239	$216	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$455	
Unemployment	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Other Contractual	$1,008	$857	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,864	
Marketing- Lifestyle/Amenities	$2,400	$783	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$3,183	
Training	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Uniforms	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Operating	$18,751	$15,579	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$34,329	

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

Maintenance Expenditures																				
Canal Maintenance	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Lake Bank Restoration	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Environmental Services	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Water Management System	$10,218	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$10,218	
Midge Control	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Contingencies	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Fire Line Maintenance	$2,000	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$2,000	
Basin Repair	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Maintenance	$12,218	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$12,218	

Grounds Maintenance Expenditures																				
Salaries	$12,209	$10,821	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$23,030	
Administrative Fees	$200	$182	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$382	
FICA	$894	$792	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,686	
Health Insurance	$1,079	$1,630	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$2,710	
Workers Compensation	$220	$195	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$415	
Unemployment	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Telephone	$557	$611	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,168	
Utilities	$399	$406	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$805	
Property Appraiser	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Insurance- Property	$220	$220	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$439	
Repairs	$1,095	$5,140	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$6,235	
Fuel	$2,254	$450	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$2,704	
Park Maintenance	$0	$504	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$504	
Sidewalk Repair	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Chemicals	$0	$240	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$240	
Contingencies	$0	$800	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$800	
Refuse	$240	$480	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$720	
Office Supplies	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Uniforms	$215	$107	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$322	
Fire Alarm System	$512	$512	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,023	
Rain Bird Pump System	$2,298	$2,298	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$4,597	
Park Materials	$0	$1,748	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$1,748	
Total Grounds Maintenance	$22,392	$27,136	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$49,528	
																				
Total Expenditures	$64,845	$54,954	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$119,799	
																				
Operating Income (Loss)	($58,853)	$182,513	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$123,660	

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

$0	

$0	

$0	

$0	

$0		

$0		

$0		

$0		

$0		

$0		

$0	

$0	

$0	
Reserve Funding- Transfer Out (Excess)	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
Total Non Operating Revenues/Expenditures	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$0	
																				
Excess Revenue/(Expenditures)	($58,853)	$182,513	$0	$0	$0		$0		$0		$0		$0		$0		$0	$0	$123,660	

Viera East Golf Course Month to Month

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

Number of Rounds																				
Paid Rounds	3,263	3,227	0		0	0		0		0		0		0		0	0	0	6,490	
Member Rounds	701	814	0		0	0		0		0		0		0		0	0	0	1,515	
Comp Rounds	214	329	0		0	0		0		0		0		0		0	0	0	543	
EZ Links	0	0	0		0	0		0		0		0		0		0	0	0	-	
GolfNow	308	71	0		0	0		0		0		0		0		0	0	0	379	
Revenue per Round																				
Paid Rounds	$40	$40	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$80	
Revenues:																				
Greens Fees	$129,023	$129,054	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$258,077	
Gift Cards - Sales	$349	$397	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$745	
Gift Cards - Usage	($1,925)	($281)	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	($2,206)	
Season Advance/Trail Fees	$20,573	$22,472	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$43,044	
Associate Memberships	$1,738	$2,565	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$4,303	
Driving Range	$7,266	$7,328	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$14,595	
Golf Lessons	$175	$175	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$350	
Merchandise Sales	$12,204	$7,720	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$19,924	
Restaurant	$23,852	$28,719	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$52,571	
Special Assessments - Operations	$1,519	$1,519	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$3,039	
Miscellaneous Income	$1,319	$1,030	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$2,349	
Total Revenues	$196,093	$200,696	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$396,789	

Golf Course Expenditures:																				
Other Contractual Services	$1,246	$1,763	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$3,009	
Telephone/Internet	$106	$106	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$212	
Postage	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Printing & Binding	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Utilities	$342	$307	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$649	
Repairs & Maintenance	$2,527	$2,610	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$5,138	
Advertising	$1,735	$1,748	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$3,482	
Bank Charges	$2,979	$4,423	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$7,402	
Office Supplies	$636	$129	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$765	
Operating Supplies	$157	$2,906	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$3,063	
Dues, Licenses & Subscriptions	$180	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$180	
Drug Testing - All Departments	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Training, Education & Employee Relations	$0	$91	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$91	
Contractual Security	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
IT Services	$810	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$810	
Total Golf Course Expenditures	$10,719	$14,082	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$24,800	

	October	November	December	January		February	March		April		May		June		July		August	September	Total	
Restaurant Expenditures:																				
Restaurant Manager Contract	$6,338	$2,708	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$9,046	
Salaries	$9,259	$13,375	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$22,635	
Administrative Fee	$422	$421	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$842	
FICA Expense	$801	$1,176	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,977	
Health Insurance	$0	$80	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$80	
Workers Compensation	$140	$211	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$350	
Unemployment	$459	$434	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$893	
Utilities	$490	$818	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,308	
Pest Control	$122	$95	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$217	
Equipment Lease	$101	$100	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$201	
Janitorial Services	$0	$950	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$950	
Repairs	$4,782	$4,168	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$8,950	
Kitchen Equipment/Supplies	$4,317	$270	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$4,587	
Paper & Plastic Supplies	$867	$511	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,378	
Operating Supplies	$6,809	$2,083	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$8,892	
Food Cost	$2,158	$6,474	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$8,632	
Snack Cost	$717	$2,152	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$2,869	
Beer Cost	$1,967	$5,900	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$7,866	
Beverage Cost	$743	$2,229	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$2,972	
Wine Cost	$190	$570	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$760	
Liquor Cost	$616	$1,848	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$2,464	
First Aid	$171	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$171	
IT Services	$3,950	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$3,950	
Uniforms	$12	$237	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$249	
Entertainment	$300	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$300	
Dues & License	$455	$599	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,054	
Total Restaurant Expenditures	$46,185	$47,409	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$93,594	

Golf Operations:
Salaries	

$19,463	

$16,253	

$0		

$0	

$0		

$0		

$0		

$0		

$0		

$0	

$0	

$0	

$35,716	
Administrative Fee	$1,427	$1,298	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$2,725	
FICA Expense	$1,475	$1,231	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$2,706	
Health Insurance	$521	$596	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,117	
Workers Compensation	$350	$293	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$643	
Unemployment	$401	$266	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$667	
Golf Printing	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Utilities	$342	$1,471	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,814	
Repairs	$50	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$50	
Pest Control	$122	$95	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$217	
Supplies	$508	$1,198	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,706	
Uniforms	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Training, Education & Employee Relations	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Fuel	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Cart Lease	$7,363	$7,072	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$14,435	
Cart Maintenance	$1,148	$34	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,181	
Driving Range	$0	$3,000	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$3,000	
Total Golf Operation Expenditures	$33,170	$32,806	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$65,977	

	October	November	December	January		February	March		April		May		June		July		August	September	Total	
Merchandise Sales:																				
Cost of Goods Sold	$5,774	$4,835	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$10,609	
Total Merchandise Sales	$5,774	$4,835	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$10,609	

Golf Course Maintenance:
Salaries	

$38,081	

$36,410	

$0		

$0	

$0		

$0		

$0		

$0		

$0		

$0	

$0	

$0	

$74,491	
Administrative Fees	$701	$674	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,374	
FICA Expense	$2,851	$2,732	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$5,583	
Employee Insurance	$2,315	$2,739	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$5,054	
Workers Compensation	$685	$654	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,339	
Unemployment	$71	$94	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$164	
Fire Alarm System	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Utilities/Water	$261	$2,248	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$2,509	
Repairs	$2,736	$1,877	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$4,613	
Fuel & Oil	$4,791	$1,084	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$5,876	
Pest Control	$112	$99	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$211	
Irrigation/Drainage	$1,231	$581	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,811	
Sand and Topsoil	$990	$1,031	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$2,021	
Flower/Mulch	$497	$973	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,470	
Fertilizer	$32,201	$4,395	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$36,596	
Seed/Sod	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Trash Removal	$207	$414	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$620	
Contingency	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
First Aid	$129	$22	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$151	
Office Supplies	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Operating Supplies	$3,147	$1,116	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$4,263	
Training	$0	$886	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$886	
Janitorial Supplies	$0	$30	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$30	
Janitorial Services	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Soil & Water Testing	$707	$707	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,413	
Uniforms	$669	$628	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$1,297	
Equipment Rental	$34	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$34	
Equipment Lease	$8,520	$13,473	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$21,992	
Small Tools	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Total Golf Course Maintenance	$100,934	$72,866	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$173,800	

Administrative Expenditures:
Legal Fees	

$0	

$0	

$0		

$0	

$0		

$0		

$0		

$0		

$0		

$0	

$0	

$0	

$0	
Engineering	$210	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$210	
Arbitrage	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Dissemination	$83	$83	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$167	
Trustee Fees	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Annual Audit	$0	$0	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$0	
Golf Course Administrative Services	$4,690	$4,690	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$9,380	
Insurance	$7,531	$7,531	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$15,063	
Property Taxes	$0	$673	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$673	
Total Administrative Expenditures	$12,515	$12,978	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$25,492	
																				
Total Revenues	$196,093	$200,696	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$396,789	
																				
Total Expenditures	$209,297	$184,975	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$394,272	
																				
Operating Income (Loss)	($13,204)	$15,721	$0		$0	$0		$0		$0		$0		$0		$0	$0	$0	$2,517	

	October	November	December	January	February	March	April	May	June	July	August	September	Total	
Non Operating Revenues/(Expenditures):
Special Assessments - Debt Service	
$46,688	
$46,688	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$93,376	
Interest Income	$1	$1	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$3	
Reserve Funding- Transfer Out (Capital Reserve)	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Interest Expense	($11,702)	($11,702)	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	($23,404)	
Principal Expense	($34,417)	($34,417)	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	($68,833)	
Total Non Operating Revenues/(Expenditures)	$571	$571	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,141	
														
Net Non Operating Income / (Loss)	($12,634)	$16,292	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$3,658	

Viera East
Community Development District

ProShop
Statement of Revenues & Expenditures

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

Revenues

Merchandise Sales	

$12,204	

$7,720	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$19,924	
Total Revenues	$12,204	$7,720	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$19,924	

Expenditures														
Cost of Goods Sold	$5,774	$4,835	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$10,609	
Total Expenditures	$5,774	$4,835	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$10,609	
														
Operating Income (Loss)	$6,430	$2,885	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$9,315	

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:	$280,128	
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:	$234,606	
Bonds outstanding - 7/10/20	$7,685,000	
Current Bonds Outstanding	$7,685,000	

Page 20

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

	Actuals
11/30/20		Actuals
11/30/21		
Variance		Year to Date
11/30/20		Year to Date
11/30/21		
Variance	

Revenues:
Greens Fees	

$	107,634		

$	129,054		

$	21,420		

$	215,009		

$	258,077		

$	43,067	
Gift Cards - Sales	$	636		$	397		$	(239)		$	1,094		$	745		$	(349)	
Gift Cards - Usage	$	(482)		$	(281)		$	201		$	(1,286)		$	(2,206)		$	(920)	
Season Advance/Trail Fees	$	20,606		$	22,472		$	1,865		$	38,657		$	43,044		$	4,387	
Associate Memberships	$	3,081		$	2,565		$	(516)		$	7,031		$	4,303		$	(2,728)	
Driving Range	$	6,015		$	7,328		$	1,313		$	11,978		$	14,595		$	2,617	
Golf Lessons	$	175		$	175		$	-		$	350		$	350		$	-	
Merchandise Sales	$	9,725		$	7,720		$	(2,004)		$	18,963		$	19,924		$	961	
Restaurant	$	3,141		$	28,719		$	25,578		$	5,500		$	52,571		$	47,071	
Special Assessments - Operations	$	1,519		$	1,519		$	-		$	3,039		$	3,039		$	-	
Miscellaneous Income	 $	145 		 $	1,030 		 $	885 		 $	3,011 		 $	2,349 		 $	(663) 	
Total Revenues	 $	152,194 		 $	200,696 		 $	48,502 		 $	303,346 		 $	396,789 		 $	93,443 	
Expenditures:
Golf Course Expenditures	
$	9,938		
$	14,082		
$	(4,144)		
$15,604		
$	24,800		
$	(9,196)	
Restaurant	$	242		$	53,800		$	(53,557)		$437		$	93,594		$	(93,157)	
Golf Operations	$	32,692		$	32,806		$	(114)		$63,754		$	65,977		$	(2,222)	
Merchandise Sales	$	4,241		$	4,835		$	(594)		$10,723		$	10,609		$	114	
Golf Course Maintenance	$	80,884		$	72,866		$	8,019		$156,799		$	173,800		$	(17,001)	
Administrative	 $	12,637 		 $	12,978 		 $	(340) 			$25,275 		 $	25,492 		 $	(217) 	
Total Expenditures	 $	140,634 		 $	191,366 		 $	(50,732) 		 $	272,592 		 $	394,272 		 $	(121,679) 	
Operating Income/(Loss)	 $	11,560 		 $	9,331 		 $	(2,229) 		 $	30,753 		 $	2,517 		 $	(28,236) 	

Viera East
Community Development District
Special Assessment Receipts - FY2022

Date	Net	Gen Fund	Debt Svc 2006	Rec Fund	Total	
11/10/21	$	66,396	$	15,434	$	39,914	$	11,048	$	66,396	
11/23/21	$	929,820	$	216,143	$	558,959	$	154,718	$	929,820	
	$	996,216	$	231,577	$	598,873	$	165,766	$	996,216	

Net
Assessed	
Percentage	Assessments
Collected	Assessments
Transferred	Balance to
Transfer	
						
Debt Service Fund	$	2,089,942	60.11%	$	598,873	$	-	$	598,873	
General Fund	$	808,157	23.25%	$	231,577	$	(231,577)	$	-	
Recreation Fund	$	578,489	16.64%	$	165,766	$	-	$	165,766	
						
	$	3,476,588	100.00%	$	996,216	$	(231,577)	$	764,639	

Percentage Collected	28.65%

$	118,828	$	106,715	$	131,620	$	189,346	$	278,747	$	316,437	$  319,141	$  309,495	$  273,134	$	249,939	

$	106,715	$	131,620	$	189,346	$	278,747	$	316,437	$	319,141	$  309,495	$  273,134	$  249,939	$	187,616	

Viera East Cash Flow Analysis FY 2022

I. Cash Flows:	Actuals	Projections	
	October	November		December	January	February	March	April	May	June	July	August	September	Totals	
Starting Funds
Carry Forward	$	116,311  $	109,497
Revenues		
Golf Course
Course Operations
Restaurant	$	196,093	$	200,696		$	148,243	$	185,306	$	218,166	$	249,879	$	198,106	$	162,953	$  150,727	$  123,980	$  137,162	$	97,999	$  2,069,310	
	$	172,240	$	171,978		$	146,905	$	183,770	$	216,242	$	247,611	$	195,506	$	160,895	$  149,037	$  122,418	$  135,880	$	96,579	$  1,999,061	
	$	23,852	$	28,719		$	1,338	$	1,536	$	1,924	$	2,268	$	2,600	$	2,058	$	1,690	$	1,562	$	1,282	$	1,420	$	70,249	
		
Total All Cash $	312,403  $	310,194	$	267,071	$	292,021	$	349,786	$	439,225	$	476,853	$	479,390	$  469,868	$  433,475	$  410,296	$	347,938	$  2,069,310	

Expenses		
Golf Course
Course Operations
Restaurant	$	202,906	$	191,366		$	160,356	$	160,401	$	160,440	$	160,478	$	160,416	$	160,249	$  160,373	$  160,341	$  160,357	$	160,321	$  1,998,004	
	$	163,112	$	137,566		$	160,179	$	160,179	$	160,179	$	160,179	$	160,179	$	160,054	$  160,194	$  160,194	$  160,194	$	160,205	$  1,902,415	
	$	39,794	$	53,800		$	177	$	221	$	261	$	299	$	237	$	194	$	180	$	147	$	163	$	116	$	95,589	

Cash Less Expenses $	109,497  $	118,828

Projected Revenues FY 2022	$  2,069,310
Projected Expenses FY 2022	 $  1,998,004 
Projected Surplus(Deficit) FY 2022	 $	71,306 	

PY
Monthly	
PY
Year to Date	
Vs. PY
Monthly	
Vs. PY
Year to Date	
$20,493	$40,825	$1,285	$4,106	
$21,473	$41,795	$3,878	$6,757	
$62,050	$126,917	($2,009)	($6,931)	
$6,681	$11,234	$14,232	$29,955	
$0	$0	$0	$0	
$0	$0	$0	$0	
($2,545)	($3,554)	$448	($272)	

$108,152	
$217,217	
$17,834	
$33,615	

PY	
PY	
Vs. PY	
Vs. PY	
Monthly	Year to Date	Monthly	Year to Date	
$39.26	$38.15	$0.41	$0.48	
$32.53	$30.40	($0.36)	$0.79	
$37.65	$35.70	$3.05	$2.60	
$33.57	$34.35	$10.55	$6.63	
#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	
#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	
$32.22	$31.18	($2.26)	($3.85)	
$36.66	$34.96	$2.51	$2.38	
PY	PY	Vs. PY
Monthly
$1,865
($2.41)	Vs. PY
Year to Date
$4,387
$0.40	
Monthly	Year to Date			
$20,606	$38,656			
$30.89	$28.26			

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

PY	PY
Monthly	Year to Date	
Vs. PY	Vs. PY
Monthly	Year to Date	
522	1,070
660	1,375
1,648	3,555
199	327
0	0
0	0
(79)	(114)	27	93
128	182
(173)	(422)
275	678
0	0
0	0
9	(26)
266	505

122	134
122	134

(17)	(103)
(31)	(61)
(48)	(164)

34	57

374	532	
2,950	6,213		
667	1,368		
667	1,368		
84	259
71	133		
155	392		
256	541		
4,028	8,514		

Rounds of Golf
Monthly	Year to Date	
Paid Rounds					
Rounds of Golf- Associate Member	549	12%	1,163	13%	
Rounds of Golf- CDD Resident	788	18%	1,557	17%	
Rounds of Golf - Public	1,475	34%	3,133	35%	
Rounds of Golf - Golf Now / EZ Links	474	11%	1,005	11%	
Rounds of Golf- Tournaments	-	0%	-	0%	
Rounds of Golf- Misc	-	0%	-	0%	
Rain Check Issued	(70)	-2%	(140)	-2%	
Total Paid Rounds	3,216		6,718		
Member Rounds
Rounds of Golf - Members	
	789 	
18%	
	1,502 	
17%	
Total Member Rounds	789		1,502		
Comp Rounds					
Rounds of Golf- Staff/Comp	67	2%	156	2%	
Rounds of Golf- Other Comp	40	1%	72	1%	
Total Comp Rounds	107		228		
Rounds of golf - GolfNow/EZ Links		290 	7%		598 	7%	
TOTAL ROUNDS OF GOLF	4,402	100%	9,046	100%	
					
Revenues					

Greens Fee Revenue	Monthly		Year to Date		
Rounds of Golf- Associate Member	$21,778	17%	$44,931	18%	
Rounds of Golf- CDD Resident	$25,351	20%	$48,552	19%	
Rounds of Golf - Public	$60,041	48%	$119,986	48%	
Rounds of Golf - Golf Now / EZ Links	$20,913	17%	$41,189	16%	
Rounds of Golf- Tournaments	$0	0%	$0	0%	
Rounds of Golf- Misc	$0	0%	$0	0%	
Rain Check Issued	($2,097)	-2%	($3,826)	-2%	

TOTAL GREENS FEE REVENUE	
$125,986	
100%	
$250,832	
100%	
					
Average $ per Round of Golf					

Average $ per round of Golf	Monthly		Year to Date		
Rounds of Golf- Associate Member	$39.67		$38.63		
Rounds of Golf- CDD Resident	$32.17		$31.18		
Rounds of Golf - Public	$40.71		$38.30		
Rounds of Golf - Golf Now / EZ Links	$44.12		$40.98		
Rounds of Golf- Tournaments	#DIV/0!		#DIV/0!		
Rounds of Golf- Misc	$0.00		$0.00		
Rain Check Issued	$29.96		$27.33		
TOTAL - Average $ per round of Golf	$39.17		$37.34		
					
	Monthly		Year to Date		
Membership Revenue		$22,471 			$43,043 		
Average $ per round of Golf	$28.48		$28.66		

PY - PREVIOUS YEAR