Viera East 

Community Development District 



Proposed Budget 

FY 2027 




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Viera East 

Community Development District 



Table of Contents 



Pages 



General Fund 



1-2 



General Fund Narrative 



3-8 



Capital Reserve 



9 



Debt Service - Series 2020 



10 



Debt Service Fund - Series 2020 Amortization 



11 



Golf Course & Food and Beverage 



12-14 



Golf Course & Food and Beverage Narrative 



15-23 




Viera East 

Community Development District 

General Fund 

Proposed Operating Budget 

Fiscal Year 2027 



Adopted 

Actuals 

Projected 

Total 

Proposed 

Budget 

As Of 

Next 

Projected @ 

Budget 

FY 2026 

5/31/26 

4 Months 

9/30/26 

FY 2027 



Actuals 

FY 2025 



Revenues 

 

 

 

 

Maintenance Assessments 

$1,389,162 

$1,378,973 

$1,360,299 

$18,674 

$1,378,973 

$1,949,835 

Golf Course Administrative Services 

$56,280 

$56,280 

$37,520 

$18,760 

$56,280 

$56,280 

Donations for Park Materials 

$0 

$0 

$0 

$0 

$0 

$0 

Miscellaneous Income - Farmers Market 

$8,292 

$10,000 

$3,573 

$1,786 

$5,359 

$6,000 

Interest Income 

$20,176 

$5,000 

$16,572 

$4,143 

$20,715 

$10,000 

 

 

 

Total Revenues 

1,473,909 $ 

$ 1,450,253 

$ 1,417,964 

$ 43,364 

$ 1,461,328 

$ 2,022,115 

 

 

 

Administrative Expenditures 

 



Supervisors Fees 

$25,322 

$30,519 

$17,554 

$8,777 

$26,331 

$29,906 

Engineering Fees 

$0 

$5,000 

$0 

$350 

$350 

$5,000 

Attorney's Fees 

$12,483 

$20,000 

$6,113 

$4,000 

$10,113 

$20,000 

Dissemination 

$1,050 

$1,082 

$721 

$361 

$1,082 

$1,136 

Trustee Fees 

$4,041 

$6,160 

$2,694 

$3,466 

$6,160 

$6,468 

Annual Audit 

$14,661 

$15,022 

$10,015 

$5,007 

$15,022 

$15,170 

Collection Agent 

$0 

$2,575 

$1,717 

$858 

$2,575 

$5,330 

Management Fees 

$115,242 

$118,700 

$79,133 

$39,567 

$118,700 

$124,635 

Postage 

$13 

$2,000 

$125 

$125 

$250 

$2,000 

Printing & Binding 

$375 

$2,500 

$35 

$17 

$52 

$2,500 

Insurance - Liability 

$9,760 

$12,804 

$7,231 

$5,573 

$12,804 

$13,444 

Legal Advertising 

$770 

$2,500 

$213 

$107 

$320 

$2,500 

Other Current Charges 

$6,407 

$1,200 

$253 

$126 

$379 

$1,200 

Office Supplies 

$103 

$2,000 

$93 

$47 

$140 

$2,000 

Dues & Licenses 

$175 

$175 

$175 

$0 

$175 

$175 

Information Technology 

$4,735 

$4,972 

$3,315 

$1,657 

$4,972 

$5,221 



Total Administrative 

$ 195,137 

$ 227,208 

$ 129,385 

$ 70,039 

$ 199,424 

$ 236,685 



Operating Expenditures 



 



Salaries 

$182,683 

$187,425 

$132,448 

$66,224 

$198,672 

$218,425 

Administration Fee 

$1,900 

$1,508 

$365 

$183 

$548 

$1,436 

FICA Expense 

$13,975 

$14,338 

$10,861 

$5,430 

$16,291 

$16,445 

Health Insurance 

$1,366 

$5,250 

$706 

$353 

$1,059 

$1,525 

Workers Compensation 

$2,811 

$4,169 

$2,710 

$1,355 

$4,065 

$4,085 

Unemployment 

$610 

$1,119 

$476 

$238 

$714 

$1,119 

Retirement Contribution 

$0 

$5,061 

$5,015 

$2,507 

$7,522 

$7,898 

Other Contractual 

$9,283 

$10,000 

$7,777 

$3,889 

$11,666 

$10,000 

Marketing - Lifestyle/Amenities 

$90,416 

$116,000 

$76,121 

$38,061 

$114,182 

$116,000 

Training 

($87) 

$500 

$845 

$422 

$1,267 

$500 



Total Operating 

$ 302,958 

$ 345,370 

$ 237,325 

$ 118,662 

$ 355,987 

$ 377,433 



Maintenance Expenditures 



 



Canal Maintenance 

$9,850 

$14,000 

$11,780 

$2,220 

$14,000 

$14,000 

Lake Bank Restoration 

$170,620 

$164,000 

$161,079 

$2,922 

$164,000 

$200,000 

Lake Bank Education Project 

$0 

$3,000 

$0 

$3,000 

$3,000 

$3,000 

Environmental Services 

$0 

$10,000 

$0 

$10,000 

$10,000 

$10,000 

Water Management System 

$136,763 

$148,622 

$84,061 

$64,561 

$148,622 

$171,350 

Midge Control 

$0 

$8,000 

$0 

$8,000 

$8,000 

$8,000 

Contingencies 

$2,890 

$7,500 

$2,363 

$1,182 

$3,545 

$7,500 

Fire Line Management 

$1,895 

$3,500 

$700 

$350 

$1,050 

$3,500 

Basin Repair 

$0 

$3,000 

$0 

$3,000 

$3,000 

$3,000 



Total Maintenance 

$ 322,019 

$ 361,622 

$ 259,983 

$ 95,234 

$ 355,217 

$ 420,350 




Viera East 

Community Development District 

General Fund 

Proposed Operating Budget 

Fiscal Year 2027 



Adopted 

Actuals 

Projected 

Total 

Proposed 

Budget 

As Of 

Next 

Projected @ 

Budget 

FY 2026 

5/31/26 

4 Months 

9/30/26 

FY 2027 



Actuals 

FY 2025 



Grounds Maintenance Expenditures 

Salaries 

$197,533 

$244,367 

$131,608 

$65,804 

$197,412 

274,696 

Bonus Program 

$59,814 

$0 

$75,108 

$0 

$75,108 

$0 

Administrative Fees 

$2,162 

$2,840 

$1,340 

$670 

$2,011 

$3,308 

FICA Expense 

$15,111 

$18,694 

$10,748 

$5,374 

$16,122 

21,514 

Health Insurance 

$32,068 

$34,538 

$23,360 

$11,680 

$35,040 

$32,239 

Workers Compensation 

$3,254 

$5,436 

$2,735 

$1,367 

$4,102 

$5,384 

Unemployment 

$1,254 

$2,608 

$1,149 

$574 

$1,723 

$3,043 

Retirement Contribution 

$0 

$6,682 

$0 

$0 

$0 

$6,682 

Telephone/Internet 

$9,063 

$6,000 

$6,380 

$3,190 

$9,570 

$6,600 

Utilities 

$6,008 

$8,020 

$2,697 

$1,348 

$4,045 

$8,822 

Property Appraiser 

$2,391 

$2,100 

$2,391 

$0 

$2,391 

$2,500 

Insurance - Property 

$3,636 

$3,711 

$2,658 

$1,329 

$3,987 

$4,186 

Repairs 

$40,261 

$25,000 

$38,002 

$19,001 

$57,003 

$50,000 

Fuel 

$15,015 

$18,000 

$9,665 

$4,832 

$14,497 

$18,000 

Park Maintenance 

$30,612 

$35,000 

$27,832 

$13,916 

$41,749 

$45,000 

Sidewalk Repair 

$0 

$15,000 

$8,638 

$4,319 

$12,957 

$15,000 

Chemicals 

$3,241 

$4,000 

$808 

$404 

$1,211 

$4,000 

Contingencies 

$18,889 

$10,000 

$4,345 

$2,172 

$6,517 

$10,000 

Refuse 

$15,121 

$18,000 

$9,391 

$4,696 

$14,087 

$18,000 

Office Supplies 

$2,361 

$2,500 

$309 

$155 

$464 

$2,500 

Uniforms 

$3,271 

$4,000 

$4,473 

$2,236 

$6,709 

$4,000 

Fire Alarm System 

$270 

$500 

$0 

$500 

$500 

$500 

Rain Bird Pump System 

$9,194 

$0 

$0 

$0 

$0 

$0 

Park Materials 

$335 

$10,000 

$195 

$97 

$292 

$10,000 

Bay Hill Flow Way Maintenance 

$0 

$20,000 

$0 

$20,000 

$20,000 

$20,000 

Maintenance Reserve - Transfer Out 

$31,777 

$19,058 

$0 

$19,058 

$19,058 

$421,674 

Maintenance Reserve - Transfer Out (Excess) 

$0 

$0 

$0 

$0 

$0 

$0 



Total Grounds Expenditures 

$ 502,640 

$ 516,053 

$ 363,831 

$ 182,724 

$ 546,554 

$ 987,647 



Total Expenses 

$ 1,322,754 

$ 1,450,253 

$ 990,523 

$ 466,659 

$ 1,457,182 

$ 2,022,115 



Excess Revenue/(Expenditures) 

$ 151,156 

$ - 

$ 427,441 

$ (423,295) 

$ 4,146 

- 



FY 2026 

FY 2027 

Change 



Net Assessment - General (1) 

$ 1,350,028 

$ 1 ,920,890 

$ 570,862 

Net Assessment - Recreation 

$ 2 8,945 

$ 28,945 

$ - 

Total Net Assessments 

$ 1,378,973 

$ 1 ,949,835 

$ 570,862 

Discounts @ 6% 

$ 88,020 

$ 124,458 

$ 36,438 

Gross Assessment 

$ 1,466,993 

$ 2,074,293 

607,300 



Assessable Units - Residential 

4,204 

4,204 

Assessable Units - Non-Residential 

1,869 

1,869 

Total Units 

6,073 

6,073 



Gross Assessment per Unit - General Fund 

$ 2 36.49 

$ 336.49 

$ 100.00 

Gross Assessment per Unit - Recreation 

$ 1 28.67 

$ 8.27 

$ (120.40) 

Gross Assessment per Unit - Debt Service 

$ 1 38.90 

$ 108.57 

$ (30.33) 

$ 5 04.06 

$ 453.32 

$ (50.74) 



Net Assessment per Unit - General Fund 

$ 2 22.30 

$ 316.30 

Net Assessment per Unit - Recreation 

$ 1 20.95 

$ 7.77 

Net Assessment per Unit - Debt Service 

$ 1 30.57 

$ 102.05 



(1) Please note that no General Fund assessments support the Golf Course, 




Viera East 

Community Development District 

General Fund Budget 



Revenues: 



Maintenance Assessments 

The District will levy a Non-Ad Valorem Assessment on all the assessable property within the District in order to pay for its operating 
and maintenance expenditures incurred during the fiscal year. Please note that no General Fund assessments support the Golf Course, 



Golf Course Administrative Services 

Represents Golf Course Fund portion of salary and benefits for employees paid from the General Fund. 



Description 

Annual Amount 

Base 

75,000.00 $ 

10% of Maintenance Supervisor 

$ ( 7,280.00) 

50% of Labor Position 

$ (11,440.00) 

Total 

$ 56,280.00 



Miscellaneous Income - Farmers' Market 

Miscellaneous income received by the District including income from the Farmers' Market. 



Interest Income 

The District will earn interest on balances invested during the year. 



Administrative Expenditures: 



Supervisors Fees 

The amount paid to each supervisor for the time devoted to District business and meetings is determined by Chapter 190, Florida 
Statutes, at $200 per meeting. Amount is based on five supervisors receiving fees for two meetings per month. 



Engineering Fees 

The District's engineer, Robb & Taylor Engineering Solutions Inc, will be providing general engineering services to the District, which 
includes preparation and attendance of monthly board meetings. 



Attorney Fees 



Legal Counsel: 

Shutts and Bowen LLP 

300 South Orange Avenue 

Suite 300 

Orlando, FL 32801 

Telephone: (407) 835-6759 

Fax: (407) 849-7288 



The District's legal counsel, Shutts and Bowen, will be providing general services, which include attendance and preparation for 
monthly board meetings. Also, services include reviewing contracts, agreements, resolutions, rule amendments, etc. 



Dissemination 

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5), which relates to additional 
reporting requirements for un-rated bond issues. 



o   Series 2020 Special Assessment Revenue Bond 



$ 1,136.10 




Trustee Fees 

The District will pay annual trustee fees for the Series 2020 Special Assessment Revenue Bond. 



Annual Audit 

The District is required to annually have its financial records audited by an independent Certified Public Accounting Firm. The 
estimated cost of the audit is based on the prior fiscal year and will be shared with the Recreational Fund. 



Collection Agent 

Fees incurred by GMS-Central Florida, LLC for calculating, levying and certification of the District’s Non-Ad valorem Maintenance 
Assessments with the Brevard County Tax Collector. 



Contractor 

Services 

Monthly 

Annual 

GMS-Central Florida ,LLC 

Assessments 

444.17 $ 

$ 5,330.00 



Management Fees 

The District has contracted with GMS-Central Florida, LLC to provide Accounting and Administrative Services for the District. The 
services include, but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, 
financial reporting, annual audits, etc. 



Postage 

Mailing of Board Meeting agendas, checks for vendors, overnight deliveries and any other required correspondence. Amount is based 
on prior year's cost. 



Printing & Binding 

Printing and binding agenda packages for board meetings, printing of computerized checks, District brochures, correspondence, 
stationary, envelopes etc. 



Insurance - Liability 

The District’s general liability, public official’s liability, and automobile insurance coverage is provided by EGIS Insurance & Risk 
Advisors. 



Description 

Admin. Amount 

Field Amount 

Annual Amount 

General Liability 

$ 8,173 

$ - 

$ 8,173 

POL/EPLI 

$ 5,271 

$ - 

$ 5,271 

Property 

$ - 

$ 4,186 

$ 4,186 

Total 

$ 13,444 

$ 4,186 

$ 17,631 



Legal Advertising 

Advertising of monthly board meetings, public hearings, and any other legal advertising that may be required. 



Other Current Charges 

Any miscellaneous expenses incurred by the District that were not previously budgeted. 



Office Supplies 

Any supplies that may need to be purchased during the fiscal year, e.g. paper, minute books, file folders, labels, paper clips, etc. 



Dues & Licenses 

The District is required to pay an annual fee to the Department of Community Affairs for $175. This is the only anticipated 
expenditure for this category. 



Information Technology 

Costs related to the District's accounting and information systems; District's website creation and maintenance; electronic 
compliance with Florida Statutes and other electronic data requirements. 




Operating Expenditures: 



Salaries 

The District currently has a General Manager and 1 full-time employee to handle the operations of the District. The proposed amount 
includes a 5% cost of living increase for qualifying full-time employees. 



Administration Fee 

Represents the fees to Applied Business Solutions for administration of pay and benefits. Applied Business Solutions charges an 
administration fee of $18 per employee. 



FICA Expense 

Represents the estimated amount due for Social Security (6.2%) and Medicare (1.45%) based upon the proposed salaries and wages. 



Health Insurance 

Full-time District employees are eligible for the following health benefits. 



Provider 

Policy Number 

Insurance Description 

United Healthcare 

591637 

Health, Accidental Death, Dental, Vision, 
Life & Long-Term Disability 

Colonial Life 

E3682663 

Life, Accident, Short-Term Disability 

Combined 

007394312 

Accident & Disability 



Workers Compensation 

The District provides Workers Compensation Insurance for each of its employee’s based upon statutory requirements and rates 
determined by Applied Business Solutions. 



Unemployment 

The District pays State and Federal unemployment for each employee based upon current rate structures. 



Retirement Contribution 

Contribution to the retirement account for eligible employees. 



Other Contractual 

Miscellaneous fees and contracts incurred for the District. 



Description 

Annual Amount 

Ecolab Pest Elimination 

6,015 $ 

Xelar Copier 

$ 1,876 

Additional Contract Funds 

$ 2,109 

Total 

$ 10,000 



Marketing- Lifestyle/Amenities 

The District is in contract with Unique Webb Consulting to provide lifestyle and marketing services which include, but are not limited 
to social media publications, strategy planning, blogging, videography, photography, event planning, and marketing. This also 
includes all ads in the Viera Voice for the CDD golf course. 



Training 

Expenses for providing training to staff. 



Maintenance Expenditures: 



Canal Maintenance 

Represents costs associated with the maintenance of the canals located east and west of I-95. The canals east of I-95 are maintained 
by various contractors paid by the District on an "as needed” basis. The canals west of I-95 are maintained by A. Duda & Sons and 
billed to the District. 




Lake Bank Restoration 

Allocation of funds dedicated for lake bank restoration throughout the District. 



Lake Bank Education Project 

Allocation of funds dedicated for the lake bank education project. 



Environmental Services 

The District will incur the following costs related to maintaining and managing the various conservation areas (wetlands and 
uplands), which are the responsibility of the District. The amount is based upon the current contract with Kevin L. Erwin, plus an 
allowance for additional services from other providers that may be required. Services provided under this budget item may include 
the following: 



Wetland monitoring reports as required by SJRWMD and USA COE. 

Wetland maintenance and removal of exotic species as required to conform to permit requirements. 

Habitat management including burns of preserved areas as required within the approved Habitat Management Plan(s). 

Permit compliance and general services as required. 



Water Management System 

The District currently has a contract with ECOR Industries, Inc. to provide Aquatic Maintenance Service for the District's Lakes. 



Monthly Amount 

Annual Amount 

Description 

Natural Areas Management 

5,159 $ 

$ 61,906 

Wingate & Auburn Lake Aquatic Weed Control 

 $ 1,040 

$ 12,476 

Bayhill Wetland Maintenance (Bi-Monthly) 

$ 490 

$ 2,940 

Natural Vegetation Management (Bi-Monthly) 

$ 240 

$ 1,440 

Aquatic Weed Control 

$ 5,332 

$ 63,988 

Header Canal Maintenance (Quarterly) 

$ 1,950 

$ 7,800 

Submerged Eel Grass Control 

$ 1,400 

$ 16,800 

Unanticipated Repairs / Improvements 

$ - 

$ 4,000 

Total 

$ 15,611 

$ 171,350 



Midge Control 

Lake spraying for midge control throughout the CDD. 



Contingencies 

Any miscellaneous expenses incurred by the District that were not previously budgeted. 



Fire Line Maintenance 

Expenses related to the maintenance of the various fire lines throughout the District. This mainly includes the mechanical removal of 
vegetation between homeowners’ properties and conservation areas in order to slow or stop the spread of wildfire. 



Basin Repair 

Expenses related to the repair and maintenance of the drainage structures at District Basins III, IV, and V. The drainage structures 
that get repaired are the outfalls (connect lakes) and the flow ways (connect lakes to St Johns River). 



Grounds Maintenance Expenditures: 



Salaries 

The District currently has a 3 full-time employees and 2 part time employee to handle the grounds maintenance of the District. The 
proposed amount includes a 5% cost of living increase for qualifying full-time employees. 



Bonus Program 

Represents annual bonus to be paid to eligible employees. 




Administration Fee 

Represents fee to Applied Business Solutions for administration of pay and benefits. Applied Business Solutions charges an 
administration fee of $18 per employee. 



FICA Expense 

Represents the estimated amount due for Social Security (6.2%) and Medicare (1.45%) based upon the proposed salaries and wages. 



Health Insurance 

Full-time District employees are eligible for the following health benefits. 



Provider 

Policy Number 

Insurance Description 

United Healthcare 

591637 

Health, Accidental Death, Dental, Vision, 
Life & Long-Term Disability 

Colonial Life 

E3682663 

Life, Accident, Short-Term Disability 

Combined 

007394312 

Accident & Disability 



Workers Compensation 

The District provides Workers Compensation insurance for each of its employees based upon statutory requirements and rates 
determined by Applied Business Solutions. 



Unemployment 

The District pays State and Federal unemployment for each employee based upon current rate structures. 



Retirement Contribution 

Contribution to the retirement account for eligible employees. 



Telephone/Internet 

Expenses incurred for the telephone, fax machine and internet. 



Utilities 

The District has the following utility account with Florida Power and Light to provide electricity for the maintenance building. 



Vendor 

Account 

Monthly Amount 

Annual Amount 

FPL 

83490-45156 

585 $ 

$ 7,020 

Contingency 

$ 1,802 

Total 

$ 8,822 



Property Appraiser 

Fees incurred for the Brevard County Property Appraiser performing work in support of processing and distributing non-ad valorem 
assessment information. The cost for FY2027 is estimated to be $2,500. 



Insurance - Property 

Represents the amount paid for the property portion of the insurance premium with Egis Insurance & Risk Advisors. The property 
includes vehicles, equipment, etc. 



Description 

Admin. Amount 

Field Amount 

Annual Amount 

General Liability 

$ 8,173 

$ - 

$ 8,173 

POL/EPLI 

$ 5,271 

$ - 

$ 5,271 

Property 

$ - 

$ 4,186 

$ 4,186 

Total 

$ 13,444 

$ 4,186 

$ 17,631 



Repairs 

Any costs related to miscellaneous repairs and maintenance that occur during the fiscal year. 



Fuel 

Costs related to fuel purchased for grounds maintenance machinery that occur during the fiscal year. 




Park Maintenance 

Represents costs associated with the maintenance of the parks and trails located within the district. 



Sidewalk Repair 

Represents costs associated with the repair of the sidewalks located within the district. 



Chemicals 

Includes fungicide applications, herbicide applications and insecticide applications needed to maintain the grounds. 



Contingencies 

Represents any miscellaneous expenses incurred by the District that were not previously budgeted. 



Refuse 

Estimated costs for refuse services to empty dumpster(s) twice monthly by Berry Disposal is: 



Contractor 

Services 

Monthly 

Annual 

Berry Disposal 

Empty Dumpster 

1,435 $ 

$ 17,220 

Contingency 

$ 780 

$ 18,000 



Office Supplies 

Costs for items used in the office. 



Uniforms 

The District is in contract with Unifirst to supply uniforms for the maintenance staff. Unifirst comes to the District weekly to deliver 
clean uniforms to the staff. 



Monthly Amount 

Annual Amount 

Vendor 

Unifirst 

$ 300 

$ 3,600 

Contingency 

$ 400 

Total 

$ 4,000 



Fire Alam System 

The District is in contract with Everon, LLC to provide monthly fire and burglary alarm system monitoring and maintenance. The 
services will be split between the Golf Course and Operations. 



Park Materials 

Costs for items used for the park. 



Bay Hill Flow Way Maintenance 

Expenses incurred related to the maintenance of Bay Hill flow way. 



Maintenance Reserves – Transfer Out 

Funds allocated annually to insure available cash for ongoing operations of the District and for major repair or replacement of capital 
items. 




Viera East 

Community Development District 

Capital Reserve Fund 

Proposed Budget FY 2027 



Adopted 

Actuals 

Projected 

Total 

Proposed 

Budget 

As Of 

Next 

Projected 

Budget 

FY 2026 

5/31/26 

4 Months 

@ 9/30/26 

FY 2027 



Revenues 

 

Beginning Fund Balance 

$1,407,203 

$1,573,325 

$0 

$1,573,325 

1,512,995 $ 

Interest Income 

$2,500 

$30,947 

$7,737 

$38,684 

$18,000 

Reserve Funding - Transfer In (General) 

$19,058 

$0 

$19,058 

$19,058 

$421,674 

Reserve Funding - Transfer In (Golf) 

$166,149 

$0 

$166,149 

$166,149 

$357,239 

Reserve Funding - Transfer In (General Excess) 

$0 

$0 

$0 

$0 

$0 

Reserve Funding - Transfer In (Golf Excess) 

$0 

$0 

$0 

$0 

$0 



Total Revenues 

$ 1 ,594,910 

$ 1,604,273 

$ 192,943 

$ 1,797,216 

$ 2 ,309,908 



Expenditures 



Capital Outlay - General 

$84,180 

$79,411 

$4,769 

$84,180 

$117,559 

Capital Outlay - Golf 

$154,741 

$106,945 

$47,796 

$154,741 

$81,921 

Truck Maintenance 

$25,000 

$0 

$25,000 

$25,000 

$25,000 

Sign Project 

$20,000 

$3,362 

$16,639 

$20,000 

$0 

Bank Fees 

$0 

$200 

$100 

$300 

$300 



Total Expenditures 

$ 2 83,921 

$ 189,917 

$ 94,304 

$ 284,221 

$ 2 24,780 

 

 

Excess Revenues (Expenditures) 

$ 1 ,310,989 

$ 1,414,356 

$ 98,639 

$ 1,512,995 

$ 2 ,085,128 



Potential Capital Reserve Split 



General Fund 

Golf Course 

Total 

$ 4 68,559 

$ 1,104,767 

$ 1,573,325 

$ 11,521 

$ 27,163 

$ 38,684 

$ 19,058 

$ 1 66,149 

$ 185,206 

$ - 

$ - 

$ - 

$ (129,180) 

$ (154,741) 

$ (283,921) 

$ (89) 

$ (210) 

$ (300) 

$ 369,868 

$ 1,143,127 

$ 1,512,995 



Beginning Balance - 9/30/26 

FY26 Interest Income 

FY26 Contributions 

FY26 Projected Excess 

FY26 Expenses 

FY25 Bank Fees 

Projected Excess Revenue Fund End of FY26 




Viera East 

Community Development District 

Debt Service Fund 

Series 2020 

Proposed Budget FY 2027 



Adopted 

Actuals 

Projected 

Total 

Proposed 

Budget 

As Of 

Next 

Projected 

Budget 

FY 2026 

5/31/26 

4 Months 

@ 9/30/26 

FY 2027 



Revenues 



Special Assessments 

Interest Income 

Beginning Fund Balance 



655,615 $ 

$ 646,737 

$ 8,878 

$ 6 55,615 

$ 512,530 

$ 5,000 

$ 14,435 

$ - 

$ 14,435 

$ 5,000 

$ 3 79,668 

$ 1 41,435 

$ - 

$ 1 41,435 

$ 7 4,261 



Total Revenues 



$ 1,040,283 

$ 802,606 

$ 8,878 

$ 811,485 

$ 591,791 



Expenditures 



Series 2020 

Interest-11/1 

Principal- 5/1 

Interest-5/1 



$ 75,658 

$ 75,658 

$ - 

$ 75,658 

$ 6 7,708 

$ 7 95,000 

$ 7 95,000 

$ - 

$ 7 95,000 

$ 380,000 

$ 75,658 

$ 75,658 

$ - 

$ 75,658 

$ 6 7,708 



Total Expenditures 



$ 946,315 

$ 946,315 

$ - 

$ 946,315 

$ 515,415 



Transfer In 

Transfer In 



$ - 

$ 2 00,021 

$ 9,070 

$ 2 09,092 

$ - 



Excess Revenues (Expenditures) 



$ 93,968 

$ 56,312 

$ 17,949 

$ 74,261 

$ 76,376 



* Excess Revenues needed to pay the 11/1/27 Interest Payment 



$ 6 3,908 



Total 

Net 

Net 

ERU 

Percentage 

Per Unit 

Assessments 

4,204.00 

84% 

$ 102.05 

$ 429,026.91 

818.24 

16% 

$ 408.21 

$ 83,503.09 

5,022.24 

$ 512,530.00 



Land Use 

ERU 

Units 

Residential 

1.00 

4,204.00 

Commercial 

4.00 

204.56 

Net Annual Assessment 

4,408.56 




Viera East 

Community Development District 

Debt Service - Series 2020 

Amortization Schedule 



Fiscal Year 

Total 



Date 

Bond Balance 

Interest 

Principal 

Interest 



11/01/20 

52,497.38 $ 

$ 52,497.38 

05/01/21 

7,685,000 

$ 90,307.50 

11/01/21 

$ 90,307.50 

$ 180,615.00 

05/01/22 

7,685,000 

$ 90,307.50 

11/01/22 

$ 90,307.50 

$ 180,615.00 

05/01/23 

7,685,000 

2.000% 

$475,000 

$ 90,307.50 

11/01/23 

$ 85,557.50 

$ 650,865.00 

05/01/24 

7,210,000 

2.000% 

$490,000 

$ 85,557.50 

11/01/24 

$ 80,657.50 

$ 656,215.00 

05/01/25 

6,720,000 

2.000% 

$500,000 

$ 80,657.50 

11/01/25 

$ 75,657.50 

$ 656,315.00 

05/01/26 

6,220,000 

2.000% 

$795,000 

$ 75,657.50 

11/01/26 

$ 67,707.50 

$ 938,365.00 

05/01/27 

5,425,000 

2.000% 

$380,000 

$ 67,707.50 

11/01/27 

$ 63,907.50 

$ 511,615.00 

05/01/28 

5,045,000 

2.000% 

$385,000 

$ 63,907.50 

11/01/28 

$ 60,057.50 

$ 508,965.00 

05/01/29 

4,660,000 

2.000% 

$395,000 

$ 60,057.50 

11/01/29 

$ 56,107.50 

$ 511,165.00 

05/01/30 

4,265,000 

2.125% 

$400,000 

$ 56,107.50 

11/01/30 

$ 51,857.50 

$ 507,965.00 

05/01/31 

3,865,000 

2.600% 

$410,000 

$ 51,857.50 

11/01/31 

$ 46,527.50 

$ 508,385.00 

05/01/32 

3,455,000 

2.600% 

$425,000 

$ 46,527.50 

11/01/32 

$ 41,002.50 

$ 512,530.00 

05/01/33 

3,030,000 

2.600% 

$435,000 

$ 41,002.50 

11/01/33 

$ 35,347.50 

$ 511,350.00 

05/01/34 

2,595,000 

2.600% 

$445,000 

$ 35,347.50 

11/01/34 

$ 29,562.50 

$ 509,910.00 

05/01/35 

2,150,000 

2.750% 

$455,000 

$ 29,562.50 

11/01/35 

$ 23,306.25 

$ 507,868.75 

05/01/36 

1,695,000 

2.750% 

$470,000 

$ 23,306.25 

11/01/36 

$ 16,843.75 

$ 510,150.00 

05/01/37 

1,225,000 

2.750% 

$485,000 

$ 16,843.75 

11/01/37 

$ 10,175.00 

$ 512,018.75 

05/01/38 

740,000 

2.750% 

$740,000 

$ 10,175.00 



$ 7,685,000 

$ 1,992,585 

$ 8,927,410 




Viera East 

Community Development District 

Golf Course & Restaurant 

Proposed Operating Budget 

Fiscal Year 2027 



Adopted 

Actuals 

Projected 

Total 

Proposed 

Budget 

As Of 

Next 

Projected @ 

Budget 

FY 2026 

05/31/26 

4 Months 

9/30/26 

FY 2027 



Actuals 

FY 2025 



 

Revenues 



Golf Course Revenue 

Greens Fees 

$2,174,412 

$2,250,000 

$1,718,729 

$859,365 

$2,578,094 

$2,407,500 

Gift Cards - Sales & Usage 

$7,339 

$0 

$4,592 

$2,296 

$6,888 

$0 

Season Advance/Trail Fees 

$90,443 

$100,000 

$63,139 

$31,569 

$94,708 

$100,000 

Loyalty Program 

$25,625 

$25,000 

$16,459 

$8,230 

$24,689 

$25,000 

Driving Range 

$113,460 

$87,418 

$80,566 

$40,283 

$120,849 

$87,418 

Golf Lessons 

$19,254 

$15,000 

$25,040 

$12,520 

$37,560 

$15,000 

Golf Simulator 

$0 

$0 

$0 

$0 

$0 

$100,000 

Miscellaneous Income 

$12,345 

$15,000 

$10,759 

$5,380 

$16,139 

$15,000 

Assessments - Recreation Operating 

$43,169 

$18,239 

$12,159 

$6,080 

$18,239 

$18,239 



Pro Shop Revenue 

Merchandise Sales 

$145,175 

$125,664 

$123,753 

$61,876 

$185,629 

$125,664 



Restaurant Revenue 

Food & Snack Sales 

$438,967 

$466,211 

$298,736 

$149,368 

$448,104 

$512,832 

Beverage Sales 

$47,518 

$37,516 

$43,530 

$21,765 

$65,295 

$41,268 

Beer Sales 

$229,449 

$236,465 

$152,784 

$76,392 

$229,176 

$271,935 

Wine Sales 

$20,506 

$20,463 

$21,115 

$10,558 

$31,673 

$23,533 

Liquor Sales 

$203,053 

$202,884 

$131,825 

$65,913 

$197,738 

$253,605 

Miscellaneous Income 

$5,230 

$0 

$4,048 

$2,024 

$6,071 

$497 



Total Revenues 

3,575,946 $ 

$ 3,599,861 

$ 2,707,234 

$ 1,353,617 

$ 4,060,852 

$ 3,997,491 

 

General Expenditures 



Other Contractual Services 

$15,728 

$20,000 

$7,329 

$3,665 

$10,994 

$20,000 

Telephone 

$11,870 

$20,392 

$7,137 

$3,569 

$10,706 

$20,392 

Utilities 

$30,718 

$5,348 

$11,171 

$5,586 

$16,757 

$5,348 

Repairs & Maintenance 

$18,266 

$15,000 

$6,749 

$3,375 

$10,124 

$15,000 

Bank Charges 

$76,597 

$75,000 

$57,739 

$28,870 

$86,609 

$75,000 

Office Supplies 

$5,519 

$4,500 

$3,052 

$1,526 

$4,578 

$4,500 

Operating Supplies 

$15,656 

$12,000 

$15,148 

$7,574 

$22,722 

$12,000 

Dues, Licenses & Subscriptions 

$18,126 

$14,502 

$9,112 

$4,556 

$13,669 

$14,502 

Drug Testing - All Departments 

$0 

$500 

$0 

$0 

$0 

$500 

Training, Education & Employee Relations 

$6,208 

$5,000 

$6,167 

$3,084 

$9,251 

$5,000 

Contractual Security 

$11,327 

$8,400 

$4,110 

$2,055 

$6,166 

$8,400 

IT Services 

$7,758 

$8,400 

$4,433 

$2,217 

$6,650 

$8,400 



Total Golf Course Expenditures 

$ 217,774 

$ 189,042 

$ 132,149 

$ 66,075 

$ 198,224 

$ 189,042 



Golf Course Operations 



Salaries 

$353,177 

$383,355 

$264,880 

$132,440 

$397,320 

$408,241 

Administrative Fee 

$13,903 

$16,848 

$8,855 

$4,427 

$13,282 

$14,508 

FICA Expense 

$27,018 

$29,327 

$21,384 

$10,692 

$32,076 

$32,230 

Health Insurance 

$3,023 

$10,500 

$6,133 

$3,066 

$9,199 

$8,557 

Workers Compensation 

$5,766 

$7,077 

$5,520 

$2,760 

$8,280 

$8,502 

Unemployment 

$7,426 

$10,935 

$4,818 

$2,409 

$7,227 

$12,285 

Retirement Contribution 

$0 

$0 

$43 

$22 

$65 

$250 

Golf Printing 

$4,139 

$4,500 

$2,674 

$1,337 

$4,011 

$4,500 

Utilities 

$19,011 

$18,980 

$14,143 

$7,071 

$21,214 

$23,336 

Repairs 

$574 

$3,400 

$1,233 

$617 

$1,850 

$3,400 

Pest Control 

$0 

$1,300 

$0 

$650 

$650 

$1,300 

Supplies 

$6,472 

$10,000 

$7,941 

$3,971 

$11,912 

$12,500 

Uniforms 

$3,003 

$1,750 

$1,334 

$667 

$2,001 

$2,000 

Training, Education & Employee Relations 

$2,058 

$2,500 

$272 

$136 

$409 

$2,500 

Cart Lease 

$137,496 

$137,684 

$98,771 

$44,886 

$143,657 

$137,684 

Cart Maintenance 

$2,719 

$5,000 

$2,641 

$1,321 

$3,962 

$5,000 

Driving Range Supplies 

$606 

$5,000 

$3,603 

$1,801 

$5,404 

$5,000 



Total Golf Operation Expenditures 

$ 586,391 

$ 648,155 

$ 444,246 

$ 218,273 

$ 662,519 

$ 681,792 




Viera East 

Community Development District 

Golf Course & Restaurant 

Proposed Operating Budget 

Fiscal Year 2027 



Adopted 

Actuals 

Projected 

Total 

Proposed 

Budget 

As Of 

Next 

Projected @ 

Budget 

FY 2026 

05/31/26 

4 Months 

9/30/26 

FY 2027 



Actuals 

FY 2025 



 



Golf Course Maintenance 

Salaries 

$496,608 

$497,856 

384,557 $ 

$192,278 

$576,835 

$519,954 

Administrative Fees 

$5,640 

$6,616 

$ 3,453 

$1,727 

$5,180 

$7,552 

FICA Expense 

$37,991 

$38,086 

$ 31,208 

$15,604 

$46,813 

$51,605 

Health Insurance 

$60,590 

$67,672 

$ 49,303 

$24,651 

$73,954 

$76,858 

Workers Compensation 

$8,051 

$10,462 

$ 7,893 

$3,946 

$11,839 

$12,441 

Unemployment 

$4,159 

$6,418 

$ 3,183 

$1,592 

$4,775 

$7,086 

Retirement Contribution 

$0 

$0 

$ 2,484 

$1,242 

$3,725 

$3,500 

Utilities 

$31,527 

$32,080 

$ 17,934 

$8,967 

$26,900 

$32,080 

Repairs 

$55,352 

$48,000 

$ 25,577 

$12,788 

$38,365 

$48,000 

Restaurant Repairs 

$5,565 

$5,000 

$ 8,173 

$4,086 

$12,259 

$10,000 

Fuel & Oil 

$30,331 

$35,000 

$ 19,923 

$9,961 

$29,884 

$35,000 

Pest Control 

$3,013 

$4,600 

$ 812 

$406 

$1,218 

$4,600 

Irrigation/Drainage 

$12,710 

$20,000 

$ 4,796 

$2,398 

$7,194 

$20,000 

Sand/Topsoil 

$19,826 

$26,500 

$ 20,567 

$10,283 

$30,850 

$35,000 

Flowers/Mulch 

$3,858 

$7,000 

$ - 

$3,500 

$3,500 

$7,000 

Fertilizer 

$106,764 

$175,000 

$ 123,094 

$61,547 

$184,642 

$182,000 

Seed/Sod 

$272 

$10,000 

$ - 

$5,000 

$5,000 

$10,000 

Trash Removal 

$3,004 

$3,462 

$ 3,892 

$1,946 

$5,838 

$4,500 

Contingencies 

$3,481 

$7,500 

$ 6,273 

$3,137 

$9,410 

$7,500 

First Aid 

$277 

$800 

$ 39 

$20 

$59 

$800 

Operating Supplies 

$12,965 

$15,000 

$ 9,163 

$4,582 

$13,745 

$15,000 

Training 

$865 

$2,500 

$ 1,030 

$515 

$1,546 

$2,500 

Janitorial Supplies 

$769 

$1,200 

$ 2,006 

$1,003 

$3,009 

$3,500 

Janitorial Services 

$13,439 

$13,956 

$ 9,719 

$4,859 

$14,578 

$15,000 

Soil & Water Testing 

$0 

$1,000 

$ 1,695 

$848 

$2,543 

$3,000 

Uniforms 

$11,042 

$11,550 

$ 8,485 

$4,243 

$12,728 

$13,000 

Equipment Rental 

$10,187 

$4,606 

$ 6,500 

$3,250 

$9,750 

$4,606 

Equipment Lease 

$221,669 

$243,144 

$ 151,154 

$75,577 

$226,731 

$243,144 



Total Golf Course Maintenance 

$ 1 ,159,954 

$ 1,295,008 

$ 902,912 

$ 459,956 

$ 1,362,869 

$ 1,375,226 



Merchandise Sales 



Cost of Goods Sold 

$112,464 

$87,965 

$68,465 

$34,232 

$102,697 

$87,965 



Total Merchandise Sales 

$ 112,464 

$ 87,965 

$ 68,465 

$ 34,232 

$ 102,697 

$ 87,965 



Restaurant Expenditures 



Salaries 

$358,295 

$336,263 

$264,089 

$132,045 

$396,134 

$374,528 

Administrative Fee 

$8,674 

$8,354 

$5,021 

$2,511 

$7,532 

$8,424 

FICA Expense 

$38,252 

$25,724 

$28,844 

$14,422 

$43,267 

$31,151 

Health Insurance 

$13,742 

$14,700 

$16,055 

$8,028 

$24,083 

$30,907 

Workers Compensation 

$5,136 

$7,300 

$5,415 

$2,708 

$8,123 

$7,841 

Unemployment 

$6,309 

$6,882 

$4,993 

$2,496 

$7,489 

$7,795 

Utilities 

$11,123 

$12,100 

$9,929 

$4,964 

$14,893 

$16,382 

Pest Control 

$0 

$1,200 

$0 

$600 

$600 

$1,200 

Merchant Fees 

$25,904 

$32,208 

$16,509 

$8,254 

$24,763 

$32,208 

Equipment Lease 

$1,713 

$1,750 

$1,211 

$605 

$1,816 

$1,750 

Kitchen Equipment & Supplies 

$14,421 

$0 

$10,347 

$5,174 

$15,521 

$14,000 

Paper & Plastic Supplies 

$13,360 

$15,000 

$5,271 

$2,636 

$7,907 

$15,000 

Operating Supplies 

$2,002 

$23,043 

$6,255 

$3,127 

$9,382 

$23,043 

Delivery/Gas 

$5,491 

$6,780 

$4,385 

$2,192 

$6,577 

$6,780 

Dues & License 

$12,561 

$11,500 

$7,216 

$3,608 

$10,824 

$11,500 



Total Restaurant Expenditures 

$ 516,984 

$ 502,803 

$ 385,539 

$ 193,369 

$ 578,908 

$ 582,509 




Viera East 

Community Development District 

Golf Course & Restaurant 

Proposed Operating Budget 

Fiscal Year 2027 



Adopted 

Actuals 

Projected 

Total 

Proposed 

Budget 

As Of 

Next 

Projected @ 

Budget 

FY 2026 

05/31/26 

4 Months 

9/30/26 

FY 2027 



Actuals 

FY 2025 



 



Cost of Goods Sold 

Food Cost 

$234,573 

$265,740 

$141,181 

$70,591 

$211,772 

$292,314 

Beverage Cost 

$32,314 

$33,764 

$25,995 

$12,997 

$38,992 

$37,141 

Beer Cost 

$84,489 

$87,492 

$55,326 

$27,663 

$82,989 

$100,616 

Wine Cost 

$11,543 

$10,846 

$5,922 

$2,961 

$8,882 

$12,472 

Liquor Cost 

$62,656 

$62,894 

$35,584 

$17,792 

$53,376 

$78,618 



Total Cost of Goods Sold 

425,575 $ 

$ 460,736 

$ 264,008 

$ 132,004 

$ 396,012 

$ 521,161 



Administrative Expenditures 

Legal Fees 

$0 

$1,500 

$0 

$0 

$0 

$1,500 

Engineering Fees 

$0 

$600 

$0 

$0 

$0 

$600 

Arbitrage 

$1,050 

$600 

$400 

$200 

$600 

$600 

Dissemination 

$1,050 

$1,103 

$735 

$368 

$1,103 

$0 

Trustee Fees 

$4,089 

$4,510 

$2,726 

$1,363 

$4,089 

$4,961 

Annual Audit 

$5,239 

$5,278 

$3,519 

$1,759 

$5,278 

$5,330 

Golf Course Administrative Services 

$56,280 

$56,280 

$37,520 

$18,760 

$56,280 

$56,280 

Insurance 

$157,164 

$166,132 

$92,254 

$46,127 

$138,381 

$133,286 

Marketing 

$1,100 

$0 

$0 

$0 

$0 

$0 

Property Taxes 

$9,444 

$12,000 

$6,757 

$3,379 

$10,136 

$12,000 



Total Administrative Expenditures 

$ 235,417 

$ 248,003 

$ 143,912 

$ 71,956 

$ 215,867 

$ 214,557 



Reserves 

Renewal & Replacement 

$84,410 

$166,149 

$0 

$166,149 

$166,149 

$357,239 



Total Reserves 

$ 84,410 

$ 166,149 

$ - 

$ 166,149 

$ 166,149 

$ 357,239 



Total Revenues 

$ 3 ,575,946 

$ 3,599,861 

$ 2,707,234 

$ 1,353,617 

$ 4,060,852 

$ 3,997,491 

 

Total Expenditures 

$ 3 ,338,969 

$ 3,597,861 

$ 2,341,231 

$ 1,342,014 

$ 3,683,245 

$ 4,009,491 



Operating Income (Loss) 

$ 236,977 

$ 2,000 

$ 366,003 

$ 11,603 

$ 377,607 

$ (12,000) 



Non Operating Revenues/(Expenditures) 

Assessments - Recreation Debt Service 

$564,524 

$560,250 

$545,000 

$0 

$545,000 

$0 

Interest Income 

$23,853 

$10,000 

$26,829 

$5,000 

$31,829 

$12,000 

Reserve Funding - Transfer Out (PY Excess) 

$0 

$0 

$0 

$0 

$0 

$0 

Interfund Transfer Out - Debt Service 

$0 

$0 

($200,021) 

($9,070) 

($209,092) 

$0 

Recreation Fees 

$0 

$0 

$0 

$0 

$0 

$0 

Interest Expense 

($53,250) 

($27,250) 

($27,250) 

$0 

($27,250) 

$0 

Principal Expense 

($520,000) 

($545,000) 

$0 

$0 

$0 

$0 



Total Non Operating Revenues/(Expenditures) 

$ 15,128 

$ (2,000) 

$ 344,558 

$ ( 4,070) 

$ 340,487 

$ 12,000 



Net Non Operating Income / (Loss) 

$ 252,104 

$ (0) 

$ 710,561 

$ 7,533 

$ 718,094 

$ (0) 




Viera East 

Community Development District 

Recreational Operating Budget 



Revenues: 



Green Fees 

Estimated revenue for public paid rounds of golf. 



Gift Cards - Sales & Usage 

Estimated amount of gift cards sold that can be used for discounted rounds of golf, merchandise or restaurant purchases. The full 
amount of the sale is recorded as revenue at the time of purchase. Also included is the estimated usage of gift cards once purchased. 
Once the gift cards have been used at the District, the amount used is recorded against the revenue. 



Season Advance/Trail Fees 

Estimated revenue of customers who purchase memberships to the District golf course in advance for the year. 



Loyalty Program 

Estimated costs of all associate memberships sold. The associate membership costs $79 and lasts for one year. The membership gets 
the member a 20% discount on golf rounds and other discounts on range balls, apparel, and USGA handicap service. 



Driving Range 

Estimated revenue from the District’s driving range. 



Golf Lessons 

Estimated revenue from golfing lessons given at the golf course. The District leases the golf instruction program to the Mike Hogan 
Golf Academy. 



Golf Simulator 

Estimated revenue from golfing simulator use at the golf course. 



Miscellaneous Income - Golf Course 

Estimated annual revenue for various miscellaneous charges billed and collected by the golf course. 



Assessments - Recreation Operations 

The District will levy Non-Ad Valorem assessments on all the assessable property within the District to help fund all of the General 
Operating Expenditures for the fiscal year. 



Merchandise Sales 

Estimated revenues from clothing, equipment, and supplies sold in the District’s Pro Shop. 



Food & Snack Sales 

Represents all food and snack sales for Hook and Eagle Tavern. Also includes all catering and banquet sales as well as snack sales from 
the golf course. 



Beverage Sales 

Represents all non-alcoholic beverage sales for Hook and Eagle Tavern. Also includes all catering and banquet sales. 



Beer Sales 

Represents all beer sales for Hook and Eagle Tavern. Also includes all catering and banquet sales. 



Wine Sales 

Represents all wine sales for Hook and Eagle Tavern. Also includes all catering and banquet sales. 




Liquor Sales 

Represents all liquor sales for Hook and Eagle Tavern. Also includes all catering and banquet sales. 



Miscellaneous Income - Restaurant 

Estimated annual revenue for various miscellaneous charges billed and collected by the restaurant. 



General Expenditures: 



Other Contractual Services 

Estimated cost for a full-time restaurant manager at Hook and Eagle Tavern. 



Vendor 

Monthly Amount 

Annual Amount 

Charter (Cable & Internet) 

329 $ 

$ 3,947 

Waste Management 

$ 744 

$ 8,924 

Great American Financial 

$ 156 

$ 1,876 

Contingency 

$ 5,253 

Total 

$ 20,000 



Telephone 

Represents regular telephone lines, credit card, and internet access. A portion of expenses related to the District are transferred to the 
General Fund. 



Vendor 

Monthly Amount 

Annual Amount 

Cricket Wireless 

$ 239 

$ 2,868 

Fusion 

$ 690 

$ 8,280 

Hulu Subscription 

$ 106 

$ 1,272 

Contingency 

$ 7,972 

Total 

$ 20,392 



Utilities 

The District has the following utility accounts related to the operations. 



Vendor 

Account 

Monthly Amount 

Annual Amount 

FPL 

45156 

$ 365 

$ 4,380 

Florida City Gas 

9398 

$ 565 

$ 6,780 

City of Cocoa 

112664 

$ 495 

$ 5,940 

City of Cocoa 

141774 

$ 98 

$ 1,176 

Contingency 

$ (12,928) 

Total 

$ 5,348 



Repairs & Maintenance 

Any miscellaneous repairs and maintenance, including electrical, plumbing, hardware, locksmiths, painting and HVAC. A portion of 
expenses related to the District are transferred to the General Fund. 



Bank Charges 

Bank charges related to credit card usage as well as account service charges for the operating checking account fund. 



Office Supplies 

Any supplies that may need to be purchased during the fiscal year, e.g. paper, minute books, file folders, labels, paper clips, etc. 



Operating Supplies 

Represents various operating supplies purchased. 




Dues, Licenses & Subscriptions 

The following represents the estimated cost for license, membership subscriptions and permit renewals for the fiscal year. 



Vendor 

Description 

Annual Amount 

Brevard County 

Business Tax License 

82 $ 

City of Rockledge 

Business License 

$ 200 

Lightspeed 

Membership 

$ 7,000 

DBPR 

License 

$ 1,820 

Florida State Golf Assoc. 

Handicap Fees 

$ 5,000 

Florida State Golf Assoc. 

Membership 

$ 150 

Contingency 

$ 250 

Total 

$ 14,502 



Drug Testing - All Departments 

Costs incurred for drug testing. 



Training, Education & Employee Relations 

Costs incurred in sending District personnel to any training seminars or having personnel trained on site for different aspects to more 
efficiently and effectively operate the golf course. Also, any expense incurred for staff meetings and help wanted ads. 



Contractual Security 

Security system costs for the maintenance of clubhouse alarm systems. 



IT Services 

Costs related to the District's accounting and information systems, District's website creation and maintenance, electronic compliance 
with Florida Statutes and other electronic data requirements. 



Golf Course Operations: 



Salaries 

The District currently has a 3 full-time and 27 part-time employees to handle the golf course operations of the District. The proposed 
amount includes a 5% cost of living increase for qualifying full-time employees. 



Administration Fee 

Represents fee to Applied Business Solutions for administration of pay and benefits. Applied Business Solutions charges an 
administration fee of $18 per employee. 



FICA Expense 

Represents the estimated amount due for Social Security (6.2%) and Medicare (1.45%) based upon the proposed salaries and wages. 



Health Insurance 

Full-time District employees are eligible for the following health benefits. 



Provider 

Policy Number 

Insurance Description 

United Healthcare 

591637 

Health, Accidental Death, Dental, Vision, 
Life & Long-Term Disability 

Colonial Life 

E3682663 

Life, Accident, Short-Term Disability 

Combined 

007394312 

Accident & Disability 



Workers Compensation 

The District provides Workers Compensation insurance for each of its employees based upon statutory requirements and rates 
determined by Applied Business Solutions. 



Unemployment 

The District pays State and Federal unemployment for each employee based upon current rate structures. 




Retirement Contribution 

Contribution to the retirement account for eligible employees. 



Golf Printing 

Printing for materials needed for the course. 



Utilities 

Estimated cost of basic utilities for golf operations. 



Vendor 

Account 

Monthly Amount 

Annual Amount 

FPL 

33189 

705 $ 

$ 8,460 

FPL 

42334 

$ 100 

$ 1,200 

FPL 

52104 

$ 750 

$ 9,000 

City of Cocoa 

112664 

$ 350 

$ 4,200 

Contingency 

$ 476 

Total 

$ 23,336 



Repairs 

Any costs related to miscellaneous repairs and maintenance that occur during the fiscal year. 



Pest Control 

The estimated costs for Ecolab Pest Elimination to provide monthly pest control services. 



Vendor 

Monthly Amount 

Annual Amount 

Ecolab Pest Elimination 

$ 95 

$ 1,140 

Contingency 

$ 160 

Total 

$ 1,300 



Supplies 

Estimated costs of miscellaneous supplies that the District may need to purchase for golf operations. 



Uniforms 

The estimated costs of uniforms for pro shop personnel. Once hired, all employees get a District golf shirt to wear during work hours. 



Training, Education & Employee Relations 

The District will incur the cost of the Assistant Pro Program and any training deemed necessary for the Pro Shop staff or cart facility 
personnel, for example, cart mechanics training and any help wanted ads. 



Cart Lease 

The expense related to leasing of carts for the golf course. 



Vendor 

Monthly Amount 

Annual Amount 

The Huntington National 

$ 493 

$ 5,911 

Yamaha 

$ 197 

$ 2,361 

Golf Cart 

$ 10,784 

$ 129,412 

Total 

$ 1 37,684 



Cart Maintenance 

The expenses related to any repairs and maintenance of the golf carts that are incurred during the year. 



Driving Range Supplies 

Any expenses incurred related to the driving range operation, for example range balls, tokens, buckets, bag stands, clock rope and 
sand/water buckets. 




Golf Course Maintenance: 



Salaries 

The District currently has a 13 full-time employees to handle the golf course maintenance of the District. The proposed amount 
includes a 5% cost of living increase for qualifying full-time employees. 



Administration Fee 

Represents fee to Applied Business Solutions for administration of pay and benefits. Applied Business Solutions charges an 
administration fee of $18 per employee. 



FICA Expense 

Represents the estimated amount due for Social Security (6.2%) and Medicare (1.45%) based upon the proposed salaries and wages. 



Health Insurance 

Full-time District employees are eligible for the following health benefits. 



Provider 

Policy Number 

Insurance Description 

United Healthcare 

591637 

Health, Accidental Death, Dental, Vision, 
Life & Long-Term Disability 

Colonial Life 

E3682663 

Life, Accident, Short-Term Disability 

Combined 

007394312 

Accident & Disability 



Workers Compensation 

The District provides Workers Compensation insurance for each of its employees based upon statutory requirements and rates 
determined by Applied Business Solutions. 



Unemployment 

The District pays State and Federal unemployment for each employee based upon current rate structures. 



Retirement Contribution 

Contribution to the retirement account for eligible employees. 



Utilities 

Estimated cost of basic utilities for golf operations. 



Vendor 

Account 

Monthly Amount 

Annual Amount 

FPL 

83490-45156 

2,150 $ 

$ 25,800 

City of Cocoa 

313093-70192 

$ 440 

$ 5,280 

Contingency 

$ 1,000 

Total 

$ 32,080 



Repairs 

Any costs related to miscellaneous repairs and maintenance that occur during the fiscal year. 



Restaurant Repairs 

Any costs related to miscellaneous restaurant repairs and maintenance that occur during the fiscal year. 



Fuel & Oil 

Costs related to fuel purchased for maintenance machinery that occurs during the fiscal year. 




Pest Control 

The estimated costs for Ecolab Pest Elimination to provide monthly pest control services. 



Vendor 

Monthly Amount 

Annual Amount 

Ecolab Pest Elimination 

375 $ 

$ 4,500 

Contingency 

$ 100 

Total 

$ 4,600 



Irrigation/Drainage 

Estimated irrigation and drainage maintenance expenditures that may occur during the fiscal year. 



Sand/Topsoil 

Costs related to sand and topsoil expenditures that may occur during the fiscal year. The District buys all supplies from Golf 
Specialties, Inc. Some supplies may include top-dress sand, divot sand, and shell rock for the golf course. 



Flowers/Mulch 

Estimated costs of flowers and mulch for the golf course and clubhouse. 



Fertilizer 

Estimated costs of fertilizer, herbicide, insecticide, fungicide and other chemicals needed for the golf course. 



Seed/Sod 

Costs of seed and sod expenditures for the golf course that may occur during the fiscal year. 



Trash Removal 

Estimated costs for trash removal services to empty dumpster(s) once a month by Waste Management at the golf course. 



Vendor 

Monthly Amount 

Annual Amount 

Waste Management, Inc. 

$ 232 

$ 2,784 

Contingency 

$ 1,716 

Total 

$ 4,500 



Contingencies 

Funding of unanticipated costs. 



First Aid 

Costs of work gloves, ear plugs, support belts, and other first aid supplies needed during the fiscal year. 



Operating Supplies 

Represents various operating supplies purchased. 



Training 

Training seminars for golf course maintenance staff. 



Janitorial Supplies 

Costs of janitorial supplies that may occur during the fiscal year. 



Janitorial Services 

Costs of janitorial services that may occur during the fiscal year. 



Soil & Water Testing 

Costs for soil and water testing that may occur during the fiscal year. 




Uniforms 

The District is in contract with Unifirst to supply uniforms for the golf course maintenance staff. Unifirst comes to the District weekly 
to deliver clean uniforms to the staff. 



Vendor 

Monthly Amount 

Annual Amount 

Unifirst 

900 $ 

$ 10,800 

Contingency 

$ 2,200 

Total 

$ 13,000 



Equipment Rental 

Rental of larger capital items required for course maintenance. 



Equipment Lease 

The District currently has the following equipment leases for the golf course. 



Vendor 

Monthly Amount 

Annual Amount 

Dex Imaging 

$ 110 

$ 1,320 

The Huntington National 

$ 19,500 

$ 234,000 

Wells Fargo 

$ 652 

$ 7,824 

Total 

$ 2 43,144 



Merchandise Sales: 



Cost of Goods Sold 

Represents the cost of clothing, equipment, and supplies sold in the Pro Shop. 



Restaurant Expenditures: 



Salaries 

The District currently has 5 full-time and 13 part-time employees to handle the restaurant operations of the District. The proposed 
amount includes a 5% cost of living increase for qualifying full-time employees. 



Administration Fee 

Represents fee to Applied Business Solutions for administration of pay and benefits. Applied Business Solutions charges an 
administration fee of $18 per employee. 



FICA Expense 

Represents the estimated amount due for Social Security (6.2%) and Medicare (1.45%) based upon the proposed salaries and wages. 



Health Insurance 

Full-time District employees are eligible for the following health benefits. 



Provider 

Policy Number 

Insurance Description 

United Healthcare 

591637 

Health, Accidental Death, Dental, Vision, 
Life & Long-Term Disability 

Colonial Life 

E3682663 

Life, Accident, Short-Term Disability 

Combined 

007394312 

Accident & Disability 



Workers Compensation 

The District provides Workers Compensation insurance for each of its employees based upon statutory requirements and rates 
determined by Applied Business Solutions. 



Unemployment 

The District pays State and Federal unemployment for each employee based upon current rate structures. 




Utilities 

The District has accounts with City of Cocoa and FPL for utilities in Hook & Eagle Tavern. 



Vendor 

Account 

Monthly Amount 

Annual Amount 

FPL 

33189 

705 $ 

$ 8,460 

City of Cocoa 

112664 

$ 535 

$ 6,420 

Contingency 

$ 1,502 

Total 

$ 16,382 



Pest Control 

The estimated costs for Ecolab Pest Elimination to provide monthly pest control services. 



Merchant Fees 

The estimated cost for merchant credit card fees. 



Equipment Lease 

The estimated cost to Ecolab for the dish machine rental. 



Vendor 

Monthly Amount 

Annual Amount 

Ecolab 

$ 143 

$ 1,713 

Contingency 

$ 37 

Total 

$ 1,750 



Paper & Plastic Supplies 

Represents various operating supplies purchased such as paper towels, plastic utensils, paper plates, etc. 



Operating Supplies 

Represents various operating supplies purchased such as thermometers, silverware, microwave, storage cabinets, etc. 



Delivery/Gas 

The District has an account with Florida City Gas for natural gas for Hook & Eagle Tavern. Also includes any fuel surcharges for 
deliveries to the restaurant. 



Vendor 

Account 

Monthly Amount 

Annual Amount 

ARC3 Gases, Inc. 

83490-45156 

$ 440 

$ 5,280 

Contingency - Delivery Fees 

$ 1,500 

Total 

$ 6,780 



Dues and License 

Represents the cost of all restaurant operating licenses through DBPR. 



Restaurant Cost of Goods Sold: 



Food Cost 

Represents food and snack supplies purchased for the restaurant or catering events. 



Beverage Cost 

Represents beverages purchased for the restaurant. 



Beer Cost 

Represents beer purchased for the restaurant. 



Wine Cost 

Represents wine purchased for the restaurant. 




Liquor Cost 

Represents liquor purchased for the restaurant. 



Administrative Expenditures: 



Legal Fees 

The District's attorney will be providing general legal services to the District that are directly related to operations of the golf course, 
i.e. reviewing contracts, agreements, resolutions, rule amendments, etc. 



Engineering Fees 

The District's engineer, Robb & Taylor Engineering Solutions Inc, may provide engineering services for the golf course. 



Arbitrage 

The District will contract with an Independent certified public accounting firm to annually calculate the District's Arbitrage Rebate 
Liability on Special Assessments Revenue Bonds. 



Trustee Fees 

The District issued Special Revenue Assessment Refunding Bonds, Series 2012 bonds that are deposited with a Trustee at U.S. Bank. 



Annual Audit 

The District is required to annually have its financial records audited by an independent Certified Public Accounting Firm. 



Golf Course Administrative Services 

Cost of administrative services provided for the CDD. 



Description 

Annual Amount 

Base 

75,000.00 $ 

10% of Maintenance Supervisor 

$ ( 7,280.00) 

50% of Labor Position 

$ (11,440.00) 

Total 

$ 56,280.00 



Insurance 

Egis Insurance & Risk Advisors provide the District’s general liability, property, and crime insurance coverage. Egis Insurance & Risk 
Advisors also provide a three year pollution policy. 



Description 

27536 

General Liability 

$ 48,160 

Property 

$ 85,126 

Total 

$ 1 33,286 



Property Taxes 

This amount is an estimate of property taxes that will need to be paid throughout this fiscal year. 



Reserves: 



Renewal & Replacement 

The golf course transfers a portion of its monthly revenues to the Capital Reserve Fund to help fund for equipment replacement and 
other capital expenditures estimated for the fiscal year. 




Viera East 

Community Development Districy 

Check Register Summary 

May 22, 2026 through June 18, 2026 



Fund 

Date 

Check #'s 

Amount 



General Fund 

05/28/26 

5904-5922 

11,299.99 $ 

06/04/26 

5923-5928 

$ 2 6,132.26 

06/11/26 

5929-5932 

$ 2,561.98 

06/18/26 

5933-5940 

$ 1 4,045.21 



Sub-Total 

$ 54,039.44 



Capital Reserve 

- 

- 

$ - 



Sub-Total 

$ - 



Golf Course 



05/28/26 

33609-33632 

$ 4 2,209.80 

06/04/26 

33633-33653 

$ 2 9,328.01 

06/11/26 

33654-33671 

$ 1 3,606.21 

06/18/26 

33672-33688 

$ 2 7,349.86 



Sub-Total 

$ 112,493.88 



Total 



$ 166,533.32 




A picture containing text
Description automatically generated
Viera East 

Community Development District 



Unaudited Financial Reporting 

May 31, 2026 





Table of Contents 



1 



Balance Sheet 



2-4 



General Fund 



5-7 



Month to Month - General Fund 



8 



Assessment Receipt Schedule 



9-16 

17-22 



Golf Course, Pro Shop & Restaurant 



Month to Month - Golf Course, Pro Shop & Restaurant 



23 



Capital Reserve 



24 

25 



Capital Reserve Check Register 



Debt Service Series 2020 



26 



Capital Projects Series 2020 




Viera East 

Community Development District 

Combined Balance Sheet 

May 31, 2026 



 

 



General 

Fund 



Capital Reserve 

Fund 



Debt Service 

Fund 



Capital Projects 

Fund 



Golf Course/ 

Recreation Fund 



Totals 

Governmental Funds 



Assets 

Cash 

Operating Account 

Petty Cash 

Capital Reserve Account 

Assessments Receivable 

Accounts Receivable 

Due from Capital Projects 

Due from Capital Reserve 

Due from Golf Course 

Due from General Fund 

Due from Other 

Prepaid Expenses 

Inventory - Pro Shop 

Inventory - Hook & Eagle 

Investments 

State Board of Administration 

Series 2012 

Reserve 

Benefit Assessment 

Bond Service 

Recreation Fees 

Prepaid Expenses - Debt 

Series 2020 

Reserve 

Temporary Interest 

Bond Service 

Project 

Improvements (Net of Depreciation) 



 



35,433 $ 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 13,482 

$ - 

$ - 



$ - 

$ - 

$ 21,629 

$ - 

$ - 

$ 14,443 

$ - 

$ 37,912 

$ - 

$ - 

$ - 

$ - 

$ - 



$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 49,759 

$ - 

$ - 

$ - 

$ - 



$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 



$ 681,984 

$ 1,000 

$ - 

$ - 

$ 1 4,215 

$ - 

$ - 

$ - 

$ 8,655 

$ - 

$ 120,904 

$ 4 3,506 

$ 3 5,324 



$ 717,417 

$ 1 ,000 

$ 21,629 

$ - 

$ 14,215 

$ 14,443 

$ - 

$ 37,912 

$ 58,414 

$ - 

$ 134,387 

$ 43,506 

$ 35,324 



$ 8 86,748 



$ 1,340,371 



$ - 



$ - 



$ 718,235 



$ 2,945,354 



$ - 

$ - 

$ - 

$ - 

$ - 



$ - 

$ - 

$ - 

$ - 

$ - 



$ - 

$ - 

$ - 

$ - 

$ - 



$ - 

$ - 

$ - 

$ - 

$ - 



$ 823 

$ 442 

$ 18 

$ 0 

$ - 



$ 823 

$ 442 

$ 18 

$ 0 

$ - 



$ - 

$ - 

$ - 

$ - 

$ - 



$ - 

$ - 

$ - 

$ - 

$ - 



$ 2 35,990 

$ 0 

$ 6,553 

$ - 

$ - 



$ - 

$ - 

$ - 

$ 67,150 

$ - 



$ - 

$ - 

$ - 

$ - 

$ 1,764,082 



$ 235,990 

$ 0 

$ 6 ,553 

$ 67,150 

$ 1,764,082 



Total Assets 

Liabilities 

Accounts Payable 

Accrued Expenses 

Deferred Revenue - Season Advance 

Deferred Revenue - Special Assessment O&M 

Deferred Revenue - Special Assessment Debt 

Due to General Fund 

Due to Golf Course 

Due to Debt Service 

Due to Capital Reserve 

Accrued Interest Payable 

Accrued Principal Payable 

Accrued Payroll Payable 

Payroll Tips Payable 

Notes Payable 

Sales Tax Payable 

Event Deposits 

Bonds Payable - Series 2012 

Bond Discount 

Deferred Loss 



$ 935,663 



$ 1 ,414,356 



$ 292,302 



$ 67,150 



$ 3,389,189 



$ 6,098,659 



$ 20,028 

$ 2,615 

$ - 

$ - 

$ - 

$ - 

$ 8,655 

$ 49,759 

$ - 

$ - 

$ - 

$ 16,182 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 



$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 



$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 



$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 14,443 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 



$ 2 5,412 

$ 2,641 

$ 4 1,137 

$ 6,080 

$ - 

$ - 

$ - 

$ - 

$ 3 7,912 

$ - 

$ - 

$ 5 5,660 

$ 5,590 

$ 535,915 

$ 3 2,784 

$ - 

$ - 

$ - 

$ - 



$ 45,440 

$ 5 ,256 

$ 41,137 

$ 6 ,080 

$ - 

$ - 

$ 8 ,655 

$ 49,759 

$ 52,355 

$ - 

$ - 

$ 71,842 

$ 5 ,590 

$ 535,915 

$ 32,784 

$ - 

$ - 

$ - 

$ - 



Total Liabilites 



$ 97,238 



$ - 



$ - 



$ 14,443 



$ 7 43,131 



$ 854,812 



Fund Balance 

Nonspendable 

Prepaid Items 

Restricted for 

Debt Service - Series 2020 

Capital Projects - Series 2020 

Assigned for 

Capital Reserves 

Unassigned 



 



$ 13,482 



$ - 



$ - 



$ - 



$ - 



$ 13,482 



$ - 

$ - 



$ - 

$ - 



$ 2 92,302 

$ - 



$ - 

$ 52,707 



$ - 

$ - 



$ 292,302 

$ 52,707 



$ - 

$ 8 24,943 



$ 1,414,356 

$ - 



$ - 

$ - 



$ - 

$ - 



$ - 

$ 2,646,058 



$ 1,414,356 

$ 3,471,001 



Total Fund Balances 



$ 838,425 



$ 1 ,414,356 



$ 292,302 



$ 52,707 



$ 2,646,058 



$ 5,243,847 



Total Liabilities & Fund Balance 



$ 9 35,663 



$ 1,414,356 



$ 2 92,302 



$ 67,150 



$ 3,389,189 



$ 6,098,659 




Viera East 

Community Development District 

General Fund 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Adopted 

Budget 



Prorated Budget 

Thru 05/31/26 



Actual 

Thru 05/31/26 



Variance 



Revenues 

 

Maintenance Assessments 

1,378,973 $ 

Golf Course Administrative Services 

$ 5 6,280 

Miscellaneous Revenue - Marketing 

$ 1 0,000 

Interest Income 

$ 5,000 



$ 1,378,973 

$ 3 7,520 

$ 6,667 

$ 3,333 



$ 1,360,299 

$ 3 7,520 

$ 3,573 

$ 1 6,572 



$ (18,674) 

$ - 

$ (3,094) 

$ 13,239 



Total Revenues 

$ 1,450,253 

$ 1,426,493 

$1,417,964 

$ (8,529) 

Expenditures 

General & Administrative 

Supervisors Fees 

$ 3 0,519 

$ 2 0,346 

$ 1 7,554 

$ 2,792 

Engineering Fees 

$ 5,000 

$ 3,333 

$ - 

$ 3,333 

Attorney's Fees 

$ 2 0,000 

$ 1 3,333 

$ 6,113 

$ 7,221 

Dissemination 

$ 1,082 

$ 721 

$ 721 

$ (0) 

Trustee Fees 

$ 6,160 

$ 4,107 

$ 2,694 

$ 1,413 

Annual Audit 

$ 1 5,022 

$ 1 0,015 

$ 1 0,015 

$ (0) 

Collection Agent 

$ 2,575 

$ 1,717 

$ 1,717 

$ (0) 

Management Fees 

$ 118,700 

$ 7 9,133 

$ 7 9,133 

$ (0) 

Postage 

$ 2,000 

$ 1,333 

$ 125 

$ 1,209 

Printing & Binding 

$ 2,500 

$ 1,667 

$ 35 

$ 1,632 

Insurance - Liability 

$ 1 2,804 

$ 8,536 

$ 7,231 

$ 1,305 

Legal Advertising 

$ 2,500 

$ 1,667 

$ 213 

$ 1,454 

Other Current Charges 

$ 1,200 

$ 800 

$ 253 

$ 547 

Office Supplies 

$ 2,000 

$ 1,333 

$ 93 

$ 1,240 

Dues & Licenses 

$ 175 

$ 175 

$ 175 

$ - 

Information Technology 

$ 4,972 

$ 3,315 

$ 3,315 

$ (0) 

Total General & Administrative 

$ 227,208 

$ 151,531 

$ 129,385 

$ 22,146 




Viera East 

Community Development District 

General Fund 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Adopted 

Budget 



Prorated Budget 

Thru 05/31/26 



Actual 

Thru 05/31/26 



Variance 



Operations & Maintenance 



Operating Expenditures 

Salaries 

187,425 $ 

Administration Fee 

$ 1,508 

FICA Expense 

$ 1 4,338 

Health Insurance 

$ 5,250 

Workers Compensation 

$ 4,169 

Unemployment 

$ 1,119 

Retirement Contribution 

$ 5,061 

Other Contractual 

$ 1 0,000 

Marketing - Lifestyle/Amenities 

$ 116,000 

Training 

$ 500 



$ 124,950 

$ 1,005 

$ 9,559 

$ 3,500 

$ 2,779 

$ 746 

$ 3,374 

$ 6,667 

$ 7 7,333 

$ 333 



$ 132,448 

$ 365 

$ 1 0,861 

$ 706 

$ 2,710 

$ 476 

$ 5,015 

$ 7,777 

$ 7 6,121 

$ 845 



$ (7,498) 

$ 640 

$ (1,302) 

$ 2,794 

$ 69 

$ 270 

$ (1,641) 

$ (1,111) 

$ 1,212 

$ ( 512) 



Subtotal Field Expenditures 

$ 345,370 

$ 230,247 

$ 237,325 

$ (7,078) 



Maintenance Expenditures 

Canal Maintenance 

$ 1 4,000 

Lake Bank Restoration 

$ 164,000 

Lake Bank Education Project 

$ 3,000 

Environmental Services 

$ 1 0,000 

Water Management System 

$ 148,622 

Midge Control 

$ 8,000 

Contingencies 

$ 7,500 

Fire Line Management 

$ 3,500 

Basin Repair 

$ 3,000 



$ 9,333 

$ 164,000 

$ 2,000 

$ 6,667 

$ 9 9,082 

$ 5,333 

$ 5,000 

$ 2,333 

$ 2,000 



$ 1 1,780 

$ 161,079 

$ - 

$ - 

$ 8 4,061 

$ - 

$ 2,363 

$ 700 

$ - 



$ (2,447) 

$ 2,922 

$ 2,000 

$ 6,667 

$ 15,020 

$ 5,333 

$ 2,637 

$ 1,633 

$ 2,000 



Subtotal Maintenance Expenditures 

$ 361,622 

$ 295,748 

$ 259,983 

$ 35,765 




Viera East 

Community Development District 

General Fund 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Adopted 

Budget 



Prorated Budget 

Thru 05/31/26 



Actual 

Thru 05/31/26 



Variance 



Grounds Maintenance Expenditures 

Salaries 

244,367 $ 

Bonus Program 

$ - 

Administrative Fees 

$ 2,840 

FICA 

$ 1 8,694 

Health Insurance 

$ 3 4,538 

Workers Compensation 

$ 5,436 

Unemployment 

$ 2,608 

Retirement Contribution 

$ 6,682 

Telephone 

$ 6,000 

Utilities 

$ 8,020 

Property Appraiser 

$ 2,100 

Insurance - Property 

$ 3,711 

Repairs 

$ 2 5,000 

Fuel 

$ 1 8,000 

Park Maintenance 

$ 3 5,000 

Sidewalk Repair 

$ 1 5,000 

Chemicals 

$ 4,000 

Contingencies 

$ 1 0,000 

Refuse 

$ 1 8,000 

Office Supplies 

$ 2,500 

Uniforms 

$ 4,000 

Fire Alarm System 

$ 500 

Rain Bird Pump System 

$ - 

Park Materials 

$ 1 0,000 

Bay Hill Flow Way Maintenance 

$ 2 0,000 



$ 162,911 

$ - 

$ 1,893 

$ 1 2,463 

$ 2 3,025 

$ 3,624 

$ 1,739 

$ 4,455 

$ 4,000 

$ 5,347 

$ 1,400 

$ 2,474 

$ 1 6,667 

$ 1 2,000 

$ 2 3,333 

$ 1 0,000 

$ 2,667 

$ 6,667 

$ 1 2,000 

$ 1,667 

$ 2,667 

$ 333 

$ - 

$ 6,667 

$ 1 3,333 



$ 131,608 

$ 7 5,108 

$ 1,340 

$ 1 0,748 

$ 2 3,360 

$ 2,735 

$ 1,149 

$ - 

$ 6,380 

$ 2,697 

$ 2,391 

$ 2,658 

$ 3 8,002 

$ 9,665 

$ 2 7,832 

$ 8,638 

$ 808 

$ 4,345 

$ 9,391 

$ 309 

$ 4,473 

$ - 

$ - 

$ 195 

$ - 



$ 31,303 

$ (75,108) 

$ 553 

$ 1,714 

$ ( 335) 

$ 890 

$ 590 

$ 4,455 

$ (2,380) 

$ 2,650 

$ ( 991) 

$ ( 184) 

$ (21,335) 

$ 2,335 

$ (4,499) 

$ 1,362 

$ 1,859 

$ 2,322 

$ 2,609 

$ 1,358 

$ (1,806) 

$ 333 

$ - 

$ 6,472 

$ 13,333 



Subtotal Grounds Maintenance Exp. 

$ 496,995 

$ 331,330 

$ 363,831 

$ (32,500) 



Total Operations & Maintenance 

$ 1,203,988 



$ 857,325 



$ 861,138 



$ (3,813) 



Total Expenditures 

$ 1,431,196 

$ 1,008,856 

$ 990,523 

$ 18,332 



Excess (Deficiency) of Revenues over Exp. 

$ 1 9,057 



$ 427,441 



Other Financing Sources/(Uses): 



Transfer In/(Out) - Capital Reserve 

$ (19,058) 



$ (12,705) 



$ - 



$ 12,705 



Total Other Financing Sources/(Uses) 

$ (19,058) 

$ (12,705) 

$ - 

$ 12,705 

Net Change in Fund Balance 

$ (0) 

$ 427,441 

Fund Balance - Beginning 

$ - 

$ 410,984 

Fund Balance - Ending 

$ (0) 

$ 838,425 




Viera East 

Community Development District 

Month to Month - General Fund 



Oct 

Nov 

Dec 

Jan 

Feb 

March 

April 

May 

June 

July 

Aug 

Sept 

Total 



Revenues 

 

Maintenance Assessments 

- $ 

$ 18,661 

$ 1,236,979 

$ 37,609 

$ 19,578 

$ 14,625 

$ 27,800 

$ 5,046 

$ - 

$ - 

$ - 

$ - 

$ 1,360,299 

Golf Course Administrative Services 

$ 4,690 

$ 4,690 

$ 4,690 

$ 4,690 

$ 4,690 

$ 4,690 

$ 4,690 

$ 4,690 

$ - 

$ - 

$ - 

$ - 

$ 3 7,520 

Misc. Revenue - Marketing 

$ - 

$ 547 

$ 936 

$ 625 

$ 373 

$ 407 

$ 466 

$ 218 

$ - 

$ - 

$ - 

$ - 

$ 3,573 

Interest Income 

$ 802 

$ 753 

$ 751 

$ 2,011 

$ 2,867 

$ 3,176 

$ 3,093 

$ 3,121 

$ - 

$ - 

$ - 

$ - 

$ 1 6,572 



Total Revenues 

$ 5,492 

$ 24,652 

$ 1,243,356 

$ 4 4,934 

$ 27,509 

$ 22,898 

$ 3 6,048 

$ 1 3,075 

$ - 

$ - 

$ - 

$ - 

$ 1,417,964 

Expenditures 

General & Administrative 

Supervisors Fees 

$ 1,272 

$ 2,206 

$ 3,385 

$ 1,370 

$ 2,438 

$ 2,424 

$ 2,010 

$ 2,450 

$ - 

$ - 

$ - 

$ - 

$ 1 7,554 

Engineering Fees 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Attorney's Fees 

$ 1,650 

$ 1,995 

$ - 

$ 559 

$ 1,910 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 6,113 

Dissemination 

$ 90 

$ 9 0 

$ 9 0 

$ 90 

$ 90 

$ 90 

$ 90 

$ 90 

$ - 

$ - 

$ - 

$ - 

$ 721 

Trustee Fees 

$ 337 

$ 337 

$ 337 

$ 337 

$ 337 

$ 337 

$ 337 

$ 337 

$ - 

$ - 

$ - 

$ - 

$ 2,694 

Annual Audit 

$ 1,252 

$ 1,252 

$ 1,252 

$ 1,252 

$ 1,252 

$ 1,252 

$ 1,252 

$ 1,252 

$ - 

$ - 

$ - 

$ - 

$ 1 0,015 

Collection Agent 

$ 215 

$ 215 

$ 215 

$ 215 

$ 215 

$ 215 

$ 215 

$ 215 

$ - 

$ - 

$ - 

$ - 

$ 1,717 

Management Fees 

$ 9,892 

$ 9,892 

$ 9,892 

$ 9,892 

$ 9,892 

$ 9,892 

$ 9,892 

$ 9,892 

$ - 

$ - 

$ - 

$ - 

$ 7 9,133 

Postage 

$ 5 

$ 3 1 

$ 8 8 

$ - 

$ 1 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 125 

Printing & Binding 

$ - 

$ - 

$ - 

$ - 

$ 7 

$ 9 

$ 10 

$ 9 

$ - 

$ - 

$ - 

$ - 

$ 35 

Insurance - Liability 

$ 904 

$ 904 

$ 904 

$ 904 

$ 904 

$ 904 

$ 904 

$ 904 

$ - 

$ - 

$ - 

$ - 

$ 7,231 

Legal Advertising 

$ 110 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 103 

$ - 

$ - 

$ - 

$ - 

$ 213 

Other Current Charges 

$ 56 

$ 3 3 

$ 3 5 

$ (0) 

$ 25 

$ 35 

$ 33 

$ 36 

$ - 

$ - 

$ - 

$ - 

$ 253 

Office Supplies 

$ 41 

$ - 

$ 1 3 

$ 38 

$ 0 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 93 

Dues & Licenses 

$ 175 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 175 

Information Technology 

$ 414 

$ 414 

$ 414 

$ 414 

$ 414 

$ 414 

$ 414 

$ 414 

$ - 

$ - 

$ - 

$ - 

$ 3,315 

Total General & Administrative 

$ 1 6,411 

$ 17,367 

$ 16,625 

$ 1 5,071 

$ 17,484 

$ 15,571 

$ 1 5,155 

$ 1 5,701 

$ - 

$ - 

$ - 

$ - 

$ 129,385 



Operations & Maintenance 



Operating Expenditures 

Salaries 

$ 16,799 

$ 16,398 

$ 16,905 

$ 16,905 

$ 18,541 

$ 13,633 

$ 16,360 

$ 16,905 

$ - 

$ - 

$ - 

$ - 

$ 132,448 

Administration Fee 

$ 73 

$ 7 1 

$ 9 9 

$ 21 

$ 84 

$ 29 

$ ( 23) 

$ 12 

$ - 

$ - 

$ - 

$ - 

$ 365 

FICA Expense 

$ 1,805 

$ 1,463 

$ 1,293 

$ 1,293 

$ 1,418 

$ 1,043 

$ 1,252 

$ 1,293 

$ - 

$ - 

$ - 

$ - 

$ 1 0,861 

Health Insurance 

$ 109 

$ - 

$ 119 

$ - 

$ 119 

$ 119 

$ 119 

$ 119 

$ - 

$ - 

$ - 

$ - 

$ 706 




Viera East 

Community Development District 

Month to Month - General Fund 



Oct 

Nov 

Dec 

Jan 

Feb 

March 

April 

May 

June 

July 

Aug 

Sept 

Total 



Operating Expenditures Continued 

Workers Compensation 

373 $ 

$ 302 

$ 267 

$ 267 

$ 347 

$ 295 

$ 422 

$ 436 

$ - 

$ - 

$ - 

$ - 

$ 2,710 

Unemployment 

$ - 

$ - 

$ 240 

$ 180 

$ - 

$ 56 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 476 

Retirement Contribution 

$ - 

$ - 

$ 322 

$ 874 

$ 968 

$ 837 

$ 882 

$ 1,131 

$ - 

$ - 

$ - 

$ - 

$ 5,015 

Other Contractual 

$ 655 

$ 743 

$ 1,061 

$ 1,061 

$ 1,061 

$ 1,061 

$ 1,066 

$ 1,071 

$ - 

$ - 

$ - 

$ - 

$ 7,777 

Marketing - Lifestyle/Amenities 

$ 8,097 

$ 10,063 

$ 10,926 

$ 8,410 

$ 8,977 

$ 7,386 

$ 8,965 

$ 13,296 

$ - 

$ - 

$ - 

$ - 

$ 7 6,121 

Training 

$ - 

$ 557 

$ - 

$ - 

$ - 

$ - 

$ 154 

$ 135 

$ - 

$ - 

$ - 

$ - 

$ 845 



Subtotal Operating Exp. 

$ 2 7,911 

$ 29,596 

$ 31,233 

$ 2 9,011 

$ 31,517 

$ 24,461 

$ 2 9,196 

$ 3 4,398 

$ - 

$ - 

$ - 

$ - 

$ 237,325 



Maintenance Expenditures 

Canal Maintenance 

$ - 

$ - 

$ - 

$ 11,780 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 1 1,780 

Lake Bank Restoration 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 161,079 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 161,079 

Lake Bank Education Project 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Environmental Services 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Water Management System 

$ 11,750 

$ 11,780 

$ 12,940 

$ - 

$ 11,090 

$ 13,630 

$ 11,090 

$ 11,780 

$ - 

$ - 

$ - 

$ - 

$ 8 4,061 

Midge Control 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Contingencies 

$ 50 

$ 100 

$ 100 

$ 50 

$ 1,720 

$ 100 

$ 193 

$ 50 

$ - 

$ - 

$ - 

$ - 

$ 2,363 

Fire Line Management 

$ - 

$ - 

$ - 

$ - 

$ 700 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 700 

Basin Repair 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 



Subtotal Maintenance Exp. 

$ 1 1,800 

$ 11,880 

$ 13,040 

$ 1 1,830 

$ 13,510 

$ 174,809 

$ 1 1,283 

$ 1 1,830 

$ - 

$ - 

$ - 

$ - 

$ 259,983 



Grounds Maintenance Expenditures 

Salaries 

$ 16,853 

$ 16,799 

$ 16,742 

$ 16,571 

$ 18,501 

$ 13,508 

$ 16,384 

$ 16,251 

$ - 

$ - 

$ - 

$ - 

$ 131,608 

Bonus Program 

$ - 

$ 75,108 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 7 5,108 

Administrative Fees 

$ 249 

$ 239 

$ 233 

$ 136 

$ 255 

$ 150 

$ 140 

$ ( 62) 

$ - 

$ - 

$ - 

$ - 

$ 1,340 

FICA 

$ 1,775 

$ 1,479 

$ 1,281 

$ 1,268 

$ 1,415 

$ 1,033 

$ 1,253 

$ 1,243 

$ - 

$ - 

$ - 

$ - 

$ 1 0,748 

Health Insurance 

$ 3,078 

$ 2,996 

$ 2,801 

$ 3,283 

$ 2,801 

$ 2,801 

$ 2,801 

$ 2,801 

$ - 

$ - 

$ - 

$ - 

$ 2 3,360 

Workers Compensation 

$ 366 

$ 306 

$ 264 

$ 262 

$ 346 

$ 349 

$ 423 

$ 419 

$ - 

$ - 

$ - 

$ - 

$ 2,735 

Unemployment 

$ 92 

$ 8 

$ 243 

$ 446 

$ 160 

$ 70 

$ 87 

$ 43 

$ - 

$ - 

$ - 

$ - 

$ 1,149 

Retirement Contribution 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Telephone 

$ 710 

$ 710 

$ 635 

$ 1,133 

$ 686 

$ 686 

$ 686 

$ 1,136 

$ - 

$ - 

$ - 

$ - 

$ 6,380 

Utilities 

$ 331 

$ 344 

$ 267 

$ 353 

$ 366 

$ 306 

$ 366 

$ 365 

$ - 

$ - 

$ - 

$ - 

$ 2,697 

Property Appraiser 

$ - 

$ - 

$ 2,391 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 2,391 

Insurance - Property 

$ 332 

$ 332 

$ 332 

$ 332 

$ 332 

$ 332 

$ 332 

$ 332 

$ - 

$ - 

$ - 

$ - 

$ 2,658 

Repairs 

$ 2,994 

$ 705 

$ 10,547 

$ 9,466 

$ 3,490 

$ 2,620 

$ 4,232 

$ 3,947 

$ - 

$ - 

$ - 

$ - 

$ 3 8,002 

Fuel 

$ 1,241 

$ 1,094 

$ 869 

$ 1,320 

$ 899 

$ 1,533 

$ 1,329 

$ 1,380 

$ - 

$ - 

$ - 

$ - 

$ 9,665 

Park Maintenance 

$ 4,568 

$ 1,893 

$ 6,234 

$ 1,888 

$ 2,842 

$ 2,689 

$ 4,365 

$ 3,353 

$ - 

$ - 

$ - 

$ - 

$ 2 7,832 




Viera East 

Community Development District 

Month to Month - General Fund 



Oct 

Nov 

Dec 

Jan 

Feb 

March 

April 

May 

June 

July 

Aug 

Sept 

Total 



Grounds Maintenance Exp. Continued 

Sidewalk Repair 

- $ 

$ - 

$ 338 

$ 1,000 

$ - 

$ 7,300 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 8,638 

Chemicals 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 613 

$ - 

$ 195 

$ - 

$ - 

$ - 

$ - 

$ 808 

Contingencies 

$ 301 

$ 901 

$ 301 

$ 641 

$ 301 

$ 301 

$ 1,299 

$ 301 

$ - 

$ - 

$ - 

$ - 

$ 4,345 

Refuse 

$ 1,335 

$ 1,326 

$ 611 

$ 1,127 

$ 1,788 

$ 1,309 

$ 699 

$ 1,195 

$ - 

$ - 

$ - 

$ - 

$ 9,391 

Office Supplies 

$ - 

$ - 

$ - 

$ 52 

$ 15 

$ 30 

$ 181 

$ 31 

$ - 

$ - 

$ - 

$ - 

$ 309 

Uniforms 

$ 444 

$ 438 

$ 443 

$ 496 

$ 410 

$ 1,309 

$ 515 

$ 418 

$ - 

$ - 

$ - 

$ - 

$ 4,473 

Fire Alarm System 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Rain Bird Pump System 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Park Materials 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 195 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 195 

Bay Hill Flow Way Maintenance 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 



Subtotal Grounds Maintenance Exp. 

$ 3 4,669 

$ 104,678 

$ 44,530 

$ 3 9,774 

$ 34,609 

$ 37,135 

$ 3 5,089 

$ 3 3,347 

$ - 

$ - 

$ - 

$ - 

$ 363,831 



Total Ops. & Maintenance 

$ 7 4,381 

$ 146,154 

$ 88,803 

$ 8 0,616 

$ 79,636 

$ 236,405 

$ 7 5,569 

$ 7 9,575 

$ - 

$ - 

$ - 

$ - 

$ 861,138 



Total Expenditures 

$ 9 0,792 

$ 163,521 

$ 105,427 

$ 9 5,686 

$ 97,120 

$ 251,976 

$ 9 0,724 

$ 9 5,277 

$ - 

$ - 

$ - 

$ - 

$ 990,523 



Excess (Def.) of Rev. over Exp. 

$ (85,300) 

$ (138,869) 

$ 1,137,928 

$ (50,752) 

$ (69,612) 

$ ( 229,077) 

$ (54,676) 

$ (82,202) 

$ - 

$ - 

$ - 

$ - 

$ 427,441 



Other Financing Sources/Uses: 



Transfer In/(Out) 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 



Total Other Fin. Sources/Uses 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 



Net Change in Fund Balance 

$ (85,300) 

$ (138,869) 

$ 1,137,928 

$ (50,752) 

$ (69,612) 

$ (229,077) 

$ (54,676) 

$ (82,202) 

$ - 

$ - 

$ - 

$ - 

$ 427,441 




Viera East CDD 

COMMUNITY DEVELOPMENT DISTRICT 

Special Assessment Receipts 

Fiscal Year 2026 

Gross Assessments 

1,466,992.73 $ 

$ 615,413.83 

$ 697,462.77 

$ 2 ,779,869.33 

Net Assessments 

$ 1 ,378,973.17 

$ 578,489.00 

$ 655,615.00 

$ 2 ,613,077.17 

ON ROLL ASSESSMENTS 

52.77% 

22.14% 

25.09% 

100.00% 

Date 

Distribution 

Gross Amount 

Discoumt/Penalty 

Commission 

Interest 

Net Receipts 

O&M Portion 

Recreation 

2020 Debt 
Service 

Total 

11/14/25 

2026-01 

$37,888.58 

($1,805.15) 

($721.67) 

$0.00 

$35,361.76 

$18,661.11 

$7,828.47 

$8,872.18 

$35,361.76 

12/02/25 

2026-02 

$749,719.14 

($29,950.12) 

($14,395.38) 

$0.00 

$705,373.64 

$372,239.80 

$156,157.23 

$176,976.61 

$705,373.64 

12/12/25 

2026-03 

$1,570,585.87 

($62,797.56) 

($30,155.77) 

$0.00 

$1,477,632.54 

$779,776.29 

$327,121.67 

$370,734.58 

$1,477,632.54 

12/19/25 

2026-04 

$170,566.93 

($6,281.10) 

($3,285.71) 

$0.00 

$161,000.12 

$84,962.99 

$35,642.57 

$40,394.56 

$161,000.12 

01/09/26 

2026-05 

$70,817.04 

($2,121.03) 

($1,373.93) 

$0.00 

$67,322.08 

$35,527.21 

$14,903.92 

$16,890.95 

$67,322.08 

01/30/26 

2026-06 

$3,945.08 

$0.00 

$0.00 

$0.00 

$3,945.08 

$2,081.90 

$873.37 

$989.81 

$3,945.08 

02/12/26 

2026-07 

$38,704.23 

($764.66) 

($1,100.99) 

$261.28 

$37,099.86 

$19,578.34 

$8,213.25 

$9,308.27 

$37,099.86 

03/06/26 

2026-08 

$28,594.86 

($314.79) 

($565.60) 

$0.00 

$27,714.47 

$14,625.48 

$6,135.49 

$6,953.50 

$27,714.47 

04/10/26 

2026-09 

$53,516.96 

($33.82) 

($1,069.94) 

$265.52 

$52,678.72 

$27,799.61 

$11,662.14 

$13,216.97 

$52,678.72 

05/12/26 

2026-10 

$9,480.69 

$0.00 

($195.14) 

$276.42 

$9,561.97 

$5,046.04 

$2,116.85 

$2,399.08 

$9,561.97 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 



TOTAL 

$ 2,733,819.38 

$ (104,068.23) 

$ (52,864.13) 

$ 803.22 

$ 2,577,690.24 

$ 1 ,360,298.77 

$ 570,654.96 

$ 646,736.51 

$ 2 ,577,690.24 



99% 

$35,386.93 



Net Percent Collected 

Balance Remaining to Collect 




Viera East 

Community Development District 

Golf Course, Pro Shop & Restaurant 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Current Month 

Actual 

Actual 

5/31/25 

5/31/26 

Variance 



Year- to - Date 

Actual 

Actual 

Thru 05/31/25 

Thru 05/31/26 

Variance 



Adopted 

Budget 



Number of Rounds 

Paid Rounds 

35,250 

Passholder Rounds 

10,000 

Comp Rounds 

3,000 

Revenue per Round 

Paid Rounds 

$ 50 



4,951 

257 

121 



5,128 

2 14 

1 06 



177 

(43) 

(15) 



36,934 

2,321 

1,007 



35,180 

1,774 

712 



(1,754) 

(547) 

(295) 



$40 



$44 



4 



$44 



$49 



5 



Revenues 

 

Golf Course Revenue 



Greens Fees 

$ 2,250,000 

Gift Cards - Sales & (Usage) 

$ - 

Season Advance/Trail Fees 

$ 100,000 

Loyalty Program 

$ 25,000 

Driving Range 

$ 87,418 

Golf Lessons 

$ 15,000 

Miscellaneous Income - Golf Course 

$ 15,000 

Assessments - Recreation Operating 

$ 18,239 



$ 198,307 

$ 1,402 

$ 7,462 

$ 1,526 

$ 9,774 

$ 2,048 

$ (1,889) 

$ 1,520 



$ 223,595 

$ 163 

$ 7,236 

$ 1,635 

$ 10,085 

$ 5,350 

$ 641 

$ 1,520 



$ 25,288 

$ (1,239) 

$ (226) 

$ 109 

$ 310 

$ 3,302 

$ 2,530 

$ - 



$ 1,612,422 

$ 4,178 

$ 59,732 

$ 18,540 

$ 70,121 

$ 13,624 

$ (170) 

$ 12,159 



$ 1,718,729 

$ 4,592 

$ 63,139 

$ 16,459 

$ 80,566 

$ 25,040 

$ 10,759 

$ 12,159 



$ 106,307 

$ 414 

$ 3 ,407 

$ (2,081) 

$ 10,445 

$ 11,416 

$ 10,929 

$ - 



Subtotal Golf Course Revenue 

$ 2,510,657 



$ 220,151 



$ 250,226 



$ 30,074 



$ 1 ,790,606 



$ 1,931,443 



$ 140,838 



Pro Shop Revenue 



Merchandise Sales 

$ 125,664 



$ 12,175 



$ 18,311 



$ 6,136 



$ 91,602 



$ 123,753 



$ 32,151 



Subtotal Pro Shop Revenue 

$ 125,664 



$ 12,175 



$ 18,311 



$ 6,136 



$ 91,602 



$ 123,753 



$ 3 2,151 




Viera East 

Community Development District 

Golf Course, Pro Shop & Restaurant 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Current Month 

Actual 

Actual 

5/31/25 

5/31/26 

Variance 



Year- to - Date 

Actual 

Actual 

Thru 05/31/25 

Thru 05/31/26 

Variance 



Adopted 

Budget 



Restaurant Revenue 



Food & Snack Sales 

466,211 $ 

Beverage Sales 

$ 37,516 

Beer Sales 

$ 236,465 

Wine Sales 

$ 20,463 

Liquor Sales 

$ 202,884 

Miscellaneous Income - Restaurant 

$ - 



$ 36,711 

$ 2,950 

$ 22,670 

$ 1,539 

$ 18,586 

$ 1,344 



$ 43,873 

$ 6,483 

$ 20,369 

$ 3,361 

$ 18,900 

$ (805) 



$ 7,162 

$ 3,533 

$ (2,301) 

$ 1,822 

$ 314 

$ (2,149) 



$ 301,256 

$ 23,984 

$ 158,845 

$ 12,879 

$ 139,912 

$ 2,068 



$ 298,736 

$ 43,530 

$ 152,784 

$ 21,115 

$ 131,825 

$ 4,048 



$ (2,521) 

$ 19,546 

$ (6,060) 

$ 8 ,236 

$ (8,086) 

$ 1 ,979 



Subtotal Restaurant Revenue 

$ 963,539 



$ 83,800 



$ 92,181 



$ 8,381 



$ 638,945 



$ 652,038 



$ 1 3,093 



Total Revenues 

$ 3,599,861 

Expenditures 

General Expenditures 

Other Contractual Services 

$ 20,000 

Telephone 

$ 20,392 

Utilities 

$ 5,348 

Repairs & Maintenance 

$ 15,000 

Bank Charges 

$ 75,000 

Office Supplies 

$ 4,500 

Operating Supplies 

$ 12,000 

Dues, Licenses & Subscriptions 

$ 14,502 

Drug Testing - All Departments 

$ 500 



$ 316,126 



$ 360,718 



$ 44,592 



$ 2 ,521,152 



$ 2,707,234 



$ 186,082 



$ 2,698 

$ 9 08 

$ 2,525 

$ 1,872 

$ 7,479 

$ 2 10 

$ 2,026 

$ 2,072 

$ - 



$ 156 

$ 953 

$ 1,460 

$ 310 

$ 7,485 

$ 77 

$ 1,853 

$ 582 

$ - 



$ 2,541 

$ (44) 

$ 1,065 

$ 1,562 

$ (6) 

$ 133 

$ 173 

$ 1,490 

$ - 



$ 11,215 

$ 8,065 

$ 20,010 

$ 15,746 

$ 50,666 

$ 3,259 

$ 9,411 

$ 10,649 

$ - 



$ 7,329 

$ 7,137 

$ 11,171 

$ 6,749 

$ 57,739 

$ 3,052 

$ 15,148 

$ 9,112 

$ - 



$ 3 ,885 

$ 928 

$ 8 ,838 

$ 8 ,996 

$ (7,073) 

$ 207 

$ (5,737) 

$ 1 ,536 

$ - 




Viera East 

Community Development District 

Golf Course, Pro Shop & Restaurant 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Current Month 

Actual 

Actual 

5/31/25 

5/31/26 

Variance 



Year- to - Date 

Actual 

Actual 

Thru 05/31/25 

Thru 05/31/26 

Variance 



Adopted 

Budget 



General Expenditures Continued 

Training, Education & Emp. Relations 

5,000 $ 

Contractual Security 

$ 8,400 

IT Services 

$ 8,400 



$ 40 

$ 1,690 

$ 5 49 



$ 312 

$ 1,504 

$ 1,088 



$ (272) 

$ 186 

$ (540) 



$ 2,773 

$ 6,555 

$ 5,468 



$ 6,167 

$ 4,110 

$ 4,433 



$ (3,394) 

$ 2 ,445 

$ 1 ,035 



Subtotal General Expenditures 

$ 189,042 



$ 22,069 



$ 15,781 



$ 6,288 



$ 143,816 



$ 132,149 



$ 1 1,667 



Administrative Expenditures 

Legal Fees 

$ 1,500 

Arbitrage 

$ 600 

Dissemination 

$ 1,103 

Engineering 

$ 600 

Trustee Fees 

$ 4,510 

Annual Audit 

$ 5,278 

Golf Course Administrative Services 

$ 56,280 

Insurance 

$ 166,132 

Marketing 

$ - 

Property Taxes 

$ 12,000 



$ - 

$ 50 

$ 88 

$ - 

$ 3 41 

$ 4 37 

$ 4,690 

$ 13,252 

$ 1,100 

$ 8 08 



$ - 

$ 50 

$ 92 

$ - 

$ 341 

$ 440 

$ 4,690 

$ 11,532 

$ - 

$ 845 



$ - 

$ - 

$ (4) 

$ - 

$ - 

$ (3) 

$ - 

$ 1,721 

$ 1,100 

$ (37) 



$ - 

$ 8 50 

$ 7 00 

$ - 

$ 2,726 

$ 3,493 

$ 37,520 

$ 105,172 

$ - 

$ 6,212 



$ - 

$ 400 

$ 735 

$ - 

$ 2,726 

$ 3,519 

$ 37,520 

$ 92,254 

$ - 

$ 6,757 



$ - 

$ 450 

$ (35) 

$ - 

$ 0 

$ (26) 

$ - 

$ 12,918 

$ - 

$ (545) 



Subtotal Administrative Exp. 

$ 248,003 

Total General & Administrative 

$ 437,044 



$ 20,765 



$ 17,989 



$ 2,776 



$ 156,673 



$ 143,912 



$ 1 2,762 



$ 42,834 



$ 33,769 



$ 9,064 



$ 300,489 



$ 276,061 



$ 2 4,428 




Viera East 

Community Development District 

Golf Course, Pro Shop & Restaurant 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Current Month 

Actual 

Actual 

5/31/25 

5/31/26 

Variance 



Year- to - Date 

Actual 

Actual 

Thru 05/31/25 

Thru 05/31/26 

Variance 



Adopted 

Budget 



Operations & Maintenance 



Golf Operations Expenditures 

Salaries 

383,355 $ 

Administrative Fee 

$ 16,848 

FICA Expense 

$ 29,327 

Health Insurance 

$ 10,500 

Workers Compensation 

$ 7,077 

Unemployment 

$ 10,935 

Retirement Contribution 

$ - 

Golf Printing 

$ 4,500 

Utilities 

$ 18,980 

Repairs 

$ 3,400 

Pest Control 

$ 1,300 

Supplies 

$ 10,000 

Uniforms 

$ 1,750 

Training, Educ. & Employee Relations 

$ 2,500 

Cart Lease 

$ 137,684 

Cart Maintenance 

$ 5,000 

Driving Range 

$ 5,000 



$ 31,375 

$ 1,153 

$ 2,400 

$ 71 

$ 4 96 

$ 7 65 

$ - 

$ - 

$ 1,640 

$ (1,653) 

$ - 

$ 2 23 

$ 3 16 

$ - 

$ 11,404 

$ - 

$ - 



$ 36,718 

$ 951 

$ 2,809 

$ 984 

$ 947 

$ 561 

$ 19 

$ - 

$ 1,960 

$ 37 

$ - 

$ 590 

$ 193 

$ - 

$ 11,610 

$ 21 

$ 1,213 



$ (5,342) 

$ 202 

$ (409) 

$ (913) 

$ (452) 

$ 204 

$ (19) 

$ - 

$ (320) 

$ (1,690) 

$ - 

$ (367) 

$ 123 

$ - 

$ (206) 

$ (21) 

$ (1,213) 



$ 236,357 

$ 9,529 

$ 18,081 

$ 2,648 

$ 3,920 

$ 5,474 

$ - 

$ 2,610 

$ 12,523 

$ 3 77 

$ - 

$ 5,344 

$ 1,359 

$ 1,308 

$ 91,880 

$ 1,315 

$ 3 90 



$ 264,880 

$ 8,855 

$ 21,384 

$ 6,133 

$ 5,520 

$ 4,818 

$ 4 3 

$ 2,674 

$ 14,143 

$ 1,233 

$ - 

$ 7,941 

$ 1,334 

$ 272 

$ 98,771 

$ 2,641 

$ 3,603 



$ (28,523) 

$ 674 

$ (3,303) 

$ (3,485) 

$ (1,600) 

$ 656 

$ (43) 

$ (64) 

$ (1,620) 

$ (856) 

$ - 

$ (2,598) 

$ 25 

$ 1 ,036 

$ (6,891) 

$ (1,327) 

$ (3,213) 



Subtotal Golf Operations Expenditures 

$ 648,155 

$ 48,190 



$ 58,613 



$ (10,423) 



$ 393,116 



$ 444,246 



$ (51,130) 



Golf Course Maintenance Expenditures 

Salaries 

$ 497,856 

Administrative Fees 

$ 6,616 

FICA Expense 

$ 38,086 

Employee Insurance 

$ 67,672 



$ 43,243 

$ 4 79 

$ 3,308 

$ 5,426 



$ 47,543 

$ 460 

$ 3,637 

$ 6,567 



$ (4,301) 

$ 18 

$ (329) 

$ (1,141) 



$ 321,390 

$ 3,587 

$ 24,586 

$ 42,344 



$ 384,557 

$ 3,453 

$ 31,208 

$ 49,303 



$ (63,167) 

$ 134 

$ (6,622) 

$ (6,959) 




Viera East 

Community Development District 

Golf Course, Pro Shop & Restaurant 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Current Month 

Actual 

Actual 

5/31/25 

5/31/26 

Variance 



Year- to - Date 

Actual 

Actual 

Thru 05/31/25 

Thru 05/31/26 

Variance 



Adopted 

Budget 



Golf Course Maintenance Expenditures Continued 

Workers Compensation 

10,462 $ 

Unemployment 

$ 6,418 

Retirement Contribution 

$ - 

Utilities/Water 

$ 32,080 

Repairs 

$ 48,000 

Restaurant Repairs 

$ 5,000 

Fuel & Oil 

$ 35,000 

Pest Control 

$ 4,600 

Irrigation/Drainage 

$ 20,000 

Sand and Topsoil 

$ 26,500 

Flower/Mulch 

$ 7,000 

Fertilizer 

$ 175,000 

Seed/Sod 

$ 10,000 

Trash Removal 

$ 3,462 

Contingency 

$ 7,500 

First Aid 

$ 800 

Operating Supplies 

$ 15,000 

Training 

$ 2,500 

Janitorial Supplies 

$ 1,200 

Janitorial Services 

$ 13,956 

Soil & Water Testing 

$ 1,000 

Uniforms 

$ 11,550 

Equipment Rental 

$ 4,606 

Equipment Lease 

$ 243,144 



$ 6 77 

$ 77 

$ - 

$ 3,068 

$ 6,322 

$ 2,426 

$ 2,313 

$ 4 06 

$ 5 93 

$ 1,269 

$ 7 98 

$ 7,310 

$ - 

$ 2 26 

$ 1,173 

$ - 

$ 2,074 

$ 1 63 

$ 25 

$ 1,120 

$ - 

$ 1,240 

$ 2,500 

$ 17,768 



$ 1,219 

$ 1 

$ 596 

$ 2,527 

$ 2,683 

$ 1,469 

$ 2,801 

$ - 

$ 610 

$ - 

$ - 

$ 17,036 

$ - 

$ 1,231 

$ - 

$ - 

$ 1,051 

$ - 

$ 112 

$ 840 

$ - 

$ 1,225 

$ 2,500 

$ 17,159 



$ (542) 

$ 76 

$ (596) 

$ 541 

$ 3,639 

$ 956 

$ (488) 

$ 406 

$ (18) 

$ 1,269 

$ 798 

$ (9,725) 

$ - 

$ (1,005) 

$ 1,173 

$ - 

$ 1,022 

$ 163 

$ (86) 

$ 280 

$ - 

$ 15 

$ - 

$ 609 



$ 5,306 

$ 3,551 

$ - 

$ 20,304 

$ 34,495 

$ 2,592 

$ 20,011 

$ 3,013 

$ 10,279 

$ 10,453 

$ 3,858 

$ 72,999 

$ 2 72 

$ 2,100 

$ 3 28 

$ 2 77 

$ 9,456 

$ 7 18 

$ 7 42 

$ 8,563 

$ - 

$ 7,773 

$ 5,187 

$ 150,609 



$ 7,893 

$ 3,183 

$ 2,484 

$ 17,934 

$ 25,577 

$ 8,173 

$ 19,923 

$ 812 

$ 4,796 

$ 20,567 

$ - 

$ 123,094 

$ - 

$ 3,892 

$ 6,273 

$ 3 9 

$ 9,163 

$ 1,030 

$ 2,006 

$ 9,719 

$ 1,695 

$ 8,485 

$ 6,500 

$ 151,154 



$ (2,586) 

$ 368 

$ (2,484) 

$ 2 ,371 

$ 8 ,918 

$ (5,580) 

$ 88 

$ 2 ,201 

$ 5 ,483 

$ (10,114) 

$ 3 ,858 

$ (50,095) 

$ 272 

$ (1,792) 

$ (5,945) 

$ 238 

$ 293 

$ (313) 

$ (1,264) 

$ (1,156) 

$ (1,695) 

$ (713) 

$ (1,313) 

$ (545) 




Viera East 

Community Development District 

Golf Course, Pro Shop & Restaurant 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Current Month 

Actual 

Actual 

5/31/25 

5/31/26 

Variance 



Year- to - Date 

Actual 

Actual 

Thru 05/31/25 

Thru 05/31/26 

Variance 



Adopted 

Budget 



Subtotal Grounds Maintenance Exp. 

1,295,008 $ 

$ 104,003 



$ 111,270 



$ (7,266) 



$ 764,791 



$ 902,912 



$ (138,121) 



Total Operations & Maintenance 

$ 1,943,164 



$ 152,193 



$ 169,882 



$ (17,689) 



$ 1 ,157,907 



$ 1,347,159 



$ (189,252) 



Total Golf Course Revenue 

$ 2,510,657 



$ 220,151 



$ 250,226 



$ 30,074 



$ 1 ,790,606 



$ 1,931,443 



$ 140,838 



Merchandise Sales 

Cost of Goods Sold 

$ 87,965 



$ 10,341 



$ 13,271 



$ (2,931) 



$ 64,888 



$ 68,465 



$ (3,577) 



Subtotal Merchandise Sales 

$ 87,965 

$ 10,341 



$ 13,271 



$ (2,931) 



$ 64,888 



$ 68,465 



$ (3,577) 



Total Pro Shop Exp. 

$ 87,965 



$ 10,341 



$ 13,271 



$ (2,931) 



$ 64,888 



$ 68,465 



$ (3,577) 



Pro Shop Revenue 

$ 125,664 



$ 12,175 



$ 18,311 



$ 6,136 



$ 91,602 



$ 123,753 



$ 3 2,151 



Restaurant Expenditures 



Restaurant Expenditures 

Restaurant Manager Contract 

$ - 

Salaries 

$ 336,263 

Administrative Fee 

$ 8,354 

FICA Expense 

$ 25,724 

Health Insurance 

$ 14,700 

Workers Compensation 

$ 7,300 

Unemployment 

$ 6,882 

Telephone 

$ - 

Utilities 

$ 12,100 



$ - 

$ 27,897 

$ 6 32 

$ 2,983 

$ 9 40 

$ 3 92 

$ 3 31 

$ - 

$ 9 45 



$ - 

$ 32,118 

$ 757 

$ 3,580 

$ 2,751 

$ 816 

$ 460 

$ - 

$ 1,061 



$ - 

$ (4,221) 

$ (125) 

$ (597) 

$ (1,811) 

$ (424) 

$ (129) 

$ - 

$ (116) 



$ - 

$ 236,136 

$ 5,401 

$ 25,568 

$ 9,890 

$ 3,282 

$ 4,743 

$ - 

$ 6,484 



$ - 

$ 264,089 

$ 5,021 

$ 28,844 

$ 16,055 

$ 5,415 

$ 4,993 

$ - 

$ 9,929 



$ - 

$ (27,954) 

$ 380 

$ (3,276) 

$ (6,165) 

$ (2,133) 

$ (250) 

$ - 

$ (3,445) 




Viera East 

Community Development District 

Golf Course, Pro Shop & Restaurant 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Current Month 

Actual 

Actual 

5/31/25 

5/31/26 

Variance 



Year- to - Date 

Actual 

Actual 

Thru 05/31/25 

Thru 05/31/26 

Variance 



Adopted 

Budget 



Restaurant Expenditures Continued 

Pest Control 

1,200 $ 

Merchant Fees 

$ 32,208 

Equipment Lease 

$ 1,750 

Kitchen Equipment/Supplies 

$ - 

Paper & Plastic Supplies 

$ 15,000 

First Aid 

$ - 

Operating Supplies 

$ 23,043 

Delivery/Gas 

$ 6,780 

Dues & License 

$ 11,500 



$ - 

$ 4 29 

$ 1 43 

$ 9 09 

$ 1,942 

$ 32 

$ 3 84 

$ 3 47 

$ 1,508 



$ - 

$ 2,127 

$ 154 

$ 1,570 

$ 703 

$ - 

$ 423 

$ 606 

$ 58 



$ - 

$ (1,698) 

$ (11) 

$ (661) 

$ 1,238 

$ 32 

$ (40) 

$ (259) 

$ 1,449 



$ - 

$ 18,277 

$ 1,142 

$ 9,806 

$ 9,645 

$ 32 

$ 9 09 

$ 3,173 

$ 8,377 



$ - 

$ 16,509 

$ 1,211 

$ 10,347 

$ 5,271 

$ - 

$ 6,255 

$ 4,385 

$ 7,216 



$ - 

$ 1 ,769 

$ (69) 

$ (542) 

$ 4 ,374 

$ 32 

$ (5,346) 

$ (1,212) 

$ 1 ,161 



Subtotal Restaurant Expenditures 

$ 502,803 

Cost of Goods Sold 

Food & Snack Cost 

$ 265,740 

Beverage Cost 

$ 33,764 

Beer Cost 

$ 87,492 

Wine Cost 

$ 10,846 

Liquor Cost 

$ 62,894 



$ 39,812 



$ 47,186 



$ (7,374) 



$ 342,863 



$ 385,539 



$ (42,676) 



$ 26,985 

$ 4,780 

$ 6,779 

$ 1,213 

$ 6,212 



$ 19,885 

$ 4,034 

$ 5,107 

$ (86) 

$ 931 



$ 7,100 

$ 746 

$ 1,672 

$ 1,299 

$ 5,281 



$ 170,799 

$ 25,058 

$ 56,308 

$ 6,894 

$ 42,900 



$ 141,181 

$ 25,995 

$ 55,326 

$ 5,922 

$ 35,584 



$ 29,618 

$ (937) 

$ 981 

$ 972 

$ 7 ,316 



Subtotal Cost of Goods Sold 

$ 460,736 



$ 45,969 



$ 29,870 



$ 16,098 



$ 301,957 



$ 264,008 



$ 3 7,950 



Total Restaurant Expenditures 

$ 963,539 



$ 85,780 



$ 77,056 



$ 8,724 



$ 644,821 



$ 649,547 



$ (4,726) 



Total Restaurant Revenue 

$ 963,539 



$ 83,800 



$ 92,181 



$ 8,381 



$ 638,945 



$ 652,038 



$ 1 3,093 




Viera East 

Community Development District 

Golf Course, Pro Shop & Restaurant 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Current Month 

Actual 

Actual 

5/31/25 

5/31/26 

Variance 



Year- to - Date 

Actual 

Actual 

Thru 05/31/25 

Thru 05/31/26 

Variance 



Adopted 

Budget 



Total Golf & H&E Revenue 

3,599,861 $ 



$ 316,126 



$ 360,718 



$ 44,592 



$ 2 ,521,152 



$ 2,707,234 



$ 186,082 



Total Golf & H&E Expenditures 

$ 3,431,712 



$ 291,148 



$ 293,979 



$ (2,831) 



$ 2 ,168,105 



$ 2,341,231 



$ (173,126) 



Excess (Deficiency) of Rev. over Exp. 

$ 168,149 



$ 24,978 



$ 66,739 



$ 41,761 



$ 353,047 



$ 366,003 



$ 12,956 



Other Financing Sources/(Uses): 



Assessments - Recreation Debt Service 

$ 560,250 

Interest Income 

$ 10,000 

Transfer In/(Out) - Capital Reserve 

$ (166,149) 

Transfer In/(Out) - Debt Service 

$ - 

Interest Expense 

$ (27,250) 

Principal Expense 

$ (545,000) 



$ 46,688 

$ 3,368 

$ - 

$ - 

$ (4,438) 

$ (43,333) 



$ 218,188 

$ 8,908 

$ - 

$ - 

$ (11,354) 

$ 317,917 



$ 171,500 

$ 5,540 

$ - 

$ - 

$ (6,917) 

$ 361,250 



$ 373,500 

$ 14,623 

$ (84,410) 

$ - 

$ (35,500) 

$ (346,667) 



$ 545,000 

$ 26,829 

$ - 

$ ( 200,021) 

$ (27,250) 

$ 0 



$ 171,500 

$ 12,206 

$ 84,410 

$ (200,021) 

$ 8 ,250 

$ 346,667 



Total Other Financing Sources/(Uses) 

$ (168,149) 

$ 2,285 

Net Change in Fund Balance 

$ (0) 

$ 27,263 

Fund Balance - Beginning 

$ - 

Fund Balance - Ending 

$ (0) 



$ 533,658 



$ 531,374 



$ (78,453) 



$ 344,558 



$ 423,011 



$ 600,397 



$ 274,594 



$ 710,561 



$ 639,514 



$ 1,935,497 



$ 914,108 



$ 2,646,058 




Viera East 

Community Development District 

Month to Month - Golf Course, Pro Shop & Restaurant 

Oct 

Nov 

Dec 

Jan 

Feb 

March 

April 

May 

June 

July 

Aug 

Sept 

Total 



Number of Rounds 

Paid Rounds 

3,803 

4,463 

3,836 

4,374 

4,540 

4,049 

4,987 

5,128 

- 

- 

- 

- 

35,180 

Passholder Rounds 

266 

231 

234 

212 

202 

190 

225 

214 

- 

- 

- 

- 

1,774 

Comp Rounds 

88 

72 

92 

83 

78 

81 

112 

106 

- 

- 

- 

- 

712 

Revenue per Round 

Paid Rounds 

$37 

$44 

$55 

$50 

$51 

$70 

$42 

$0 

$0 

$0 

$0 

$0 

$49 



Revenues: 

 

Golf Course Revenue 



Greens Fees 

$ 1 41,692 

$ 1 98,514 

$ 2 11,570 

$ 2 20,628 

$ 2 30,215 

$ 2 82,643 

$ 209,872 

$ 223,595 

$ - 

$ - 

$ - 

$ - 

$ 1,718,729 

Gift Cards - Sales & (Usage) 

$ 804 

$ (1,532) 

$ 6 ,926 

$ (898) 

$ 866 

$ (877) 

$ (860) 

$ 163 

$ - 

$ - 

$ - 

$ - 

$ 4,592 

Season Advance/Trail Fees 

$ 8 ,686 

$ 8 ,801 

$ 8 ,359 

$ 6 ,473 

$ 8 ,070 

$ 7 ,913 

$ 7,600 

$ 7,236 

$ - 

$ - 

$ - 

$ - 

$ 63,139 

Loyalty Program 

$ 2 ,725 

$ 1 ,962 

$ 2 ,289 

$ 1 ,962 

$ 1 ,199 

$ 2 ,834 

$ 1,853 

$ 1,635 

$ - 

$ - 

$ - 

$ - 

$ 16,459 

Driving Range 

$ 7 ,850 

$ 10,678 

$ 9 ,338 

$ 10,031 

$ 10,229 

$ 12,749 

$ 9,606 

$ 1 0,085 

$ - 

$ - 

$ - 

$ - 

$ 80,566 

Golf Lessons 

$ 3 ,260 

$ 800 

$ 1 ,180 

$ 1 ,480 

$ 2 ,330 

$ 3 ,040 

$ 7,600 

$ 5,350 

$ - 

$ - 

$ - 

$ - 

$ 25,040 

Misc. Income Golf Course 

$ 595 

$ 7 ,428 

$ 168 

$ (646) 

$ 886 

$ 614 

$ 1,075 

$ 641 

$ - 

$ - 

$ - 

$ - 

$ 10,759 

Assessments - Recreation Op. 

$ 1 ,520 

$ 1 ,520 

$ 1 ,520 

$ 1 ,520 

$ 1 ,520 

$ 1 ,520 

$ 1,520 

$ 1,520 

$ - 

$ - 

$ - 

$ - 

$ 12,159 



Subtotal Golf Course Revenue 

$ 167,131 

$ 228,170 

$ 241,349 

$ 240,549 

$ 255,316 

$ 310,436 

$ 238,266 

$ 250,226 

$ - 

$ - 

$ - 

$ - 

$ 1,931,443 



Pro Shop Revenue 



Merchandise Sales 

$ 11,613 

$ 15,990 

$ 14,215 

$ 11,833 

$ 13,852 

$ 21,428 

$ 16,510 

$ 1 8,311 

$ - 

$ - 

$ - 

$ - 

$ 123,753 



Subtotal Pro Shop Revenue 

$ 11,613 

$ 15,990 

$ 14,215 

$ 11,833 

$ 13,852 

$ 21,428 

$ 16,510 

$ 18,311 

$ - 

$ - 

$ - 

$ - 

$ 123,753 



Restaurant Revenue 



Food & Snack Sales 

$ 32,062 

$ 37,185 

$ 32,102 

$ 40,832 

$ 34,210 

$ 40,098 

$ 38,373 

$ 4 3,873 

$ - 

$ - 

$ - 

$ - 

$ 298,736 

Beverage Sales 

$ 4 ,422 

$ 5 ,367 

$ 5 ,435 

$ 5 ,174 

$ 5 ,379 

$ 5 ,966 

$ 5,305 

$ 6,483 

$ - 

$ - 

$ - 

$ - 

$ 43,530 

Beer Sales 

$ 16,300 

$ 21,377 

$ 16,229 

$ 19,036 

$ 19,140 

$ 21,693 

$ 18,641 

$ 2 0,369 

$ - 

$ - 

$ - 

$ - 

$ 152,784 

Wine Sales 

$ 2 ,129 

$ 1 ,751 

$ 1 ,962 

$ 2 ,822 

$ 3 ,144 

$ 3 ,173 

$ 2,773 

$ 3,361 

$ - 

$ - 

$ - 

$ - 

$ 21,115 

Liquor Sales 

$ 14,159 

$ 18,925 

$ 15,717 

$ 16,069 

$ 15,277 

$ 17,511 

$ 15,266 

$ 1 8,900 

$ - 

$ - 

$ - 

$ - 

$ 131,825 

Misc. Income - Restaurant 

$ 1 ,564 

$ 1 ,692 

$ 2 ,299 

$ (180) 

$ (235) 

$ (209) 

$ (77) 

$ (805) 

$ - 

$ - 

$ - 

$ - 

$ 4,048 



Subtotal Restaurant Revenue 

$ 70,635 

$ 86,296 

$ 73,744 

$ 83,753 

$ 76,915 

$ 88,232 

$ 80,282 

$ 92,181 

$ - 

$ - 

$ - 

$ - 

$ 652,038 



Total Revenues 

$ 249,378 

$ 330,457 

$ 329,308 

$ 336,135 

$ 346,084 

$ 420,096 

$ 335,058 

$ 360,718 

$ - 

$ - 

$ - 

$ - 

$ 2,707,234 




Viera East 

Community Development District 

Month to Month - Golf Course, Pro Shop & Restaurant 

Oct 

Nov 

Dec 

Jan 

Feb 

March 

April 

May 

June 

July 

Aug 

Sept 

Total 



Expenditures: 

General Expenditures: 

Other Contractual Services 

1,155 $ 

$ 1 ,243 

$ 156 

$ 1 ,155 

$ 1 ,155 

$ 1 ,155 

$ 1,155 

$ 156 

$ - 

$ - 

$ - 

$ - 

$ 7,329 

Telephone 

$ 635 

$ 891 

$ 891 

$ 940 

$ 943 

$ 942 

$ 942 

$ 953 

$ - 

$ - 

$ - 

$ - 

$ 7,137 

Utilities 

$ 548 

$ 1 ,706 

$ 1 ,715 

$ 1 ,437 

$ 1 ,113 

$ 1 ,550 

$ 1,643 

$ 1,460 

$ - 

$ - 

$ - 

$ - 

$ 11,171 

Repairs & Maintenance 

$ 520 

$ 820 

$ 2 ,802 

$ 465 

$ 1 ,212 

$ 310 

$ 310 

$ 310 

$ - 

$ - 

$ - 

$ - 

$ 6,749 

Bank Charges 

$ 5 ,168 

$ 6 ,754 

$ 7 ,281 

$ 6 ,400 

$ 7 ,266 

$ 9 ,914 

$ 7,470 

$ 7,485 

$ - 

$ - 

$ - 

$ - 

$ 57,739 

Office Supplies 

$ 250 

$ 648 

$ 151 

$ 120 

$ 464 

$ 1 ,053 

$ 288 

$ 77 

$ - 

$ - 

$ - 

$ - 

$ 3,052 

Operating Supplies 

$ 631 

$ 2 ,890 

$ 2 ,799 

$ 1 ,145 

$ 2 ,085 

$ 2 ,266 

$ 1,479 

$ 1,853 

$ - 

$ - 

$ - 

$ - 

$ 15,148 

Dues, Licenses & Subscriptions 

$ 979 

$ 879 

$ 1 ,033 

$ 582 

$ 3 ,812 

$ 582 

$ 661 

$ 582 

$ - 

$ - 

$ - 

$ - 

$ 9,112 

Drug Testing - All Departments 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Training, Education & Emp. Rel. 

$ 115 

$ 316 

$ 577 

$ 2 ,690 

$ 1 ,224 

$ 199 

$ 735 

$ 312 

$ - 

$ - 

$ - 

$ - 

$ 6,167 

Contractual Security 

$ 147 

$ 755 

$ 294 

$ 147 

$ 970 

$ 147 

$ 147 

$ 1,504 

$ - 

$ - 

$ - 

$ - 

$ 4,110 

IT Services 

$ 454 

$ 461 

$ 461 

$ 455 

$ 605 

$ 455 

$ 455 

$ 1,088 

$ - 

$ - 

$ - 

$ - 

$ 4,433 



Subtotal General Expenditures 

$ 10,602 

$ 17,363 

$ 18,161 

$ 15,535 

$ 20,849 

$ 18,573 

$ 15,285 

$ 15,781 

$ - 

$ - 

$ - 

$ - 

$ 132,149 



Administrative Expenditures: 

Legal Fees 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Arbitrage 

$ 50 

$ 50 

$ 50 

$ 50 

$ 50 

$ 50 

$ 5 0 

$ 50 

$ - 

$ - 

$ - 

$ - 

$ 400 

Dissemination 

$ 92 

$ 92 

$ 92 

$ 92 

$ 92 

$ 92 

$ 9 2 

$ 92 

$ - 

$ - 

$ - 

$ - 

$ 735 

Engineering 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Trustee Fees 

$ 341 

$ 341 

$ 341 

$ 341 

$ 341 

$ 341 

$ 341 

$ 341 

$ - 

$ - 

$ - 

$ - 

$ 2,726 

Annual Audit 

$ 440 

$ 440 

$ 440 

$ 440 

$ 440 

$ 440 

$ 440 

$ 440 

$ - 

$ - 

$ - 

$ - 

$ 3,519 

Golf Course Admin. Services 

$ 4 ,690 

$ 4 ,690 

$ 4 ,690 

$ 4 ,690 

$ 4 ,690 

$ 4 ,690 

$ 4,690 

$ 4,690 

$ - 

$ - 

$ - 

$ - 

$ 37,520 

Insurance 

$ 11,532 

$ 11,532 

$ 11,532 

$ 11,532 

$ 11,532 

$ 11,532 

$ 11,532 

$ 1 1,532 

$ - 

$ - 

$ - 

$ - 

$ 92,254 

Marketing 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Property Taxes 

$ 1 ,083 

$ 607 

$ 845 

$ 845 

$ 845 

$ 845 

$ 845 

$ 845 

$ - 

$ - 

$ - 

$ - 

$ 6,757 



Subtotal Administrative Exp. 

$ 18,227 

$ 17,751 

$ 17,989 

$ 17,989 

$ 17,989 

$ 17,989 

$ 17,989 

$ 17,989 

$ - 

$ - 

$ - 

$ - 

$ 143,912 



Total General & Admin. 

$ 28,829 

$ 35,114 

$ 36,150 

$ 33,524 

$ 38,838 

$ 36,562 

$ 33,274 

$ 33,769 

$ - 

$ - 

$ - 

$ - 

$ 276,061 




Viera East 

Community Development District 

Month to Month - Golf Course, Pro Shop & Restaurant 

Oct 

Nov 

Dec 

Jan 

Feb 

March 

April 

May 

June 

July 

Aug 

Sept 

Total 



Operations & Maintenance 



Golf Operations Expenditures 

Salaries 

29,142 $ 

$ 32,695 

$ 33,012 

$ 33,173 

$ 37,611 

$ 28,731 

$ 33,798 

$ 3 6,718 

$ - 

$ - 

$ - 

$ - 

$ 264,880 

Administrative Fee 

$ 1 ,139 

$ 1 ,100 

$ 1 ,379 

$ 1 ,208 

$ 1 ,413 

$ 1 ,049 

$ 616 

$ 951 

$ - 

$ - 

$ - 

$ - 

$ 8,855 

FICA Expense 

$ 3 ,030 

$ 2 ,821 

$ 2 ,525 

$ 2 ,538 

$ 2 ,877 

$ 2 ,198 

$ 2,586 

$ 2,809 

$ - 

$ - 

$ - 

$ - 

$ 21,384 

Health Insurance 

$ 67 

$ 67 

$ 958 

$ 1 ,105 

$ 984 

$ 984 

$ 984 

$ 984 

$ - 

$ - 

$ - 

$ - 

$ 6,133 

Workers Compensation 

$ 626 

$ 583 

$ 522 

$ 524 

$ 705 

$ 741 

$ 872 

$ 947 

$ - 

$ - 

$ - 

$ - 

$ 5,520 

Unemployment 

$ 425 

$ 338 

$ 605 

$ 900 

$ 805 

$ 586 

$ 598 

$ 561 

$ - 

$ - 

$ - 

$ - 

$ 4,818 

Retirement Contribution 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 6 

$ 1 8 

$ 19 

$ - 

$ - 

$ - 

$ - 

$ 43 

Golf Printing 

$ 1 ,176 

$ - 

$ 210 

$ 24 

$ 20 

$ 1 ,244 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 2,674 

Utilities 

$ 2 ,209 

$ 204 

$ 1 ,668 

$ 1 ,916 

$ 2 ,118 

$ 2 ,014 

$ 2,053 

$ 1,960 

$ - 

$ - 

$ - 

$ - 

$ 14,143 

Repairs 

$ - 

$ 37 

$ 119 

$ 139 

$ 268 

$ 580 

$ 5 4 

$ 37 

$ - 

$ - 

$ - 

$ - 

$ 1,233 

Pest Control 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Supplies 

$ 3 ,798 

$ 810 

$ 204 

$ 680 

$ 538 

$ 528 

$ 794 

$ 590 

$ - 

$ - 

$ - 

$ - 

$ 7,941 

Uniforms 

$ 831 

$ (100) 

$ 220 

$ - 

$ - 

$ 190 

$ - 

$ 193 

$ - 

$ - 

$ - 

$ - 

$ 1,334 

Training, Education & Emp. Rel. 

$ 227 

$ - 

$ - 

$ - 

$ 45 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 272 

Cart Lease 

$ 11,404 

$ 18,357 

$ 11,404 

$ 11,457 

$ 11,404 

$ 11,731 

$ 11,404 

$ 1 1,610 

$ - 

$ - 

$ - 

$ - 

$ 98,771 

Cart Maintenance 

$ 884 

$ 305 

$ - 

$ - 

$ 608 

$ - 

$ 824 

$ 21 

$ - 

$ - 

$ - 

$ - 

$ 2,641 

Driving Range 

$ 1 ,206 

$ 415 

$ - 

$ 769 

$ - 

$ - 

$ - 

$ 1,213 

$ - 

$ - 

$ - 

$ - 

$ 3,603 



Subtotal Operating Exp. 

$ 56,165 

$ 57,634 

$ 52,826 

$ 54,431 

$ 59,396 

$ 50,581 

$ 54,600 

$ 58,613 

$ - 

$ - 

$ - 

$ - 

$ 444,246 



Golf Course Maintenance Exp. 

Salaries 

$ 46,272 

$ 48,272 

$ 49,800 

$ 52,399 

$ 54,428 

$ 39,240 

$ 46,604 

$ 4 7,543 

$ - 

$ - 

$ - 

$ - 

$ 384,557 

Administrative Fees 

$ 478 

$ 459 

$ 490 

$ 319 

$ 633 

$ 310 

$ 303 

$ 460 

$ - 

$ - 

$ - 

$ - 

$ 3,453 

FICA Expense 

$ 4 ,831 

$ 4 ,209 

$ 3 ,810 

$ 4 ,009 

$ 4 ,164 

$ 2 ,984 

$ 3,565 

$ 3,637 

$ - 

$ - 

$ - 

$ - 

$ 31,208 

Employee Insurance 

$ 4 ,616 

$ 4 ,622 

$ 5 ,931 

$ 7 ,892 

$ 6 ,541 

$ 6 ,567 

$ 6,567 

$ 6,567 

$ - 

$ - 

$ - 

$ - 

$ 49,303 

Workers Compensation 

$ 996 

$ 860 

$ 783 

$ 817 

$ 1 ,013 

$ 1 ,010 

$ 1,195 

$ 1,219 

$ - 

$ - 

$ - 

$ - 

$ 7,893 

Unemployment 

$ 149 

$ 78 

$ 735 

$ 1 ,467 

$ 674 

$ 68 

$ 1 1 

$ 1 

$ - 

$ - 

$ - 

$ - 

$ 3,183 

Retirement Contribution 

$ - 

$ - 

$ 165 

$ 458 

$ 488 

$ 328 

$ 449 

$ 596 

$ - 

$ - 

$ - 

$ - 

$ 2,484 

Utilities/Water 

$ 803 

$ 3 ,795 

$ 1 ,991 

$ 2 ,141 

$ 2 ,419 

$ 2 ,142 

$ 2,116 

$ 2,527 

$ - 

$ - 

$ - 

$ - 

$ 17,934 

Repairs 

$ 4 ,770 

$ 1 ,969 

$ 2 ,584 

$ 2 ,789 

$ 4 ,158 

$ 3 ,769 

$ 2,856 

$ 2,683 

$ - 

$ - 

$ - 

$ - 

$ 25,577 

Restaurant Repairs 

$ 104 

$ 29 

$ 420 

$ - 

$ 1 ,048 

$ 3 ,633 

$ 1,469 

$ 1,469 

$ - 

$ - 

$ - 

$ - 

$ 8,173 

Fuel & Oil 

$ 2 ,819 

$ 2 ,222 

$ 1 ,764 

$ 2 ,680 

$ 1 ,826 

$ 3 ,113 

$ 2,697 

$ 2,801 

$ - 

$ - 

$ - 

$ - 

$ 19,923 

Pest Control 

$ 406 

$ 406 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 812 

Irrigation/Drainage 

$ - 

$ 129 

$ 3 ,300 

$ 359 

$ 133 

$ - 

$ 265 

$ 610 

$ - 

$ - 

$ - 

$ - 

$ 4,796 

Sand and Topsoil 

$ 995 

$ 1 ,158 

$ 3 ,277 

$ 2 ,950 

$ 5 ,708 

$ 4 ,134 

$ 2,344 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 20,567 




Viera East 

Community Development District 

Month to Month - Golf Course, Pro Shop & Restaurant 

Oct 

Nov 

Dec 

Jan 

Feb 

March 

April 

May 

June 

July 

Aug 

Sept 

Total 



Golf Course Maintenance Exp. Cont. 

Flower/Mulch 

- $ 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Fertilizer 

$ 8 ,080 

$ 7 ,703 

$ 14,502 

$ 19,698 

$ 20,309 

$ 16,978 

$ 18,788 

$ 1 7,036 

$ - 

$ - 

$ - 

$ - 

$ 123,094 

Seed/Sod 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Trash Removal 

$ 233 

$ 233 

$ 1 ,258 

$ 471 

$ - 

$ 233 

$ 233 

$ 1,231 

$ - 

$ - 

$ - 

$ - 

$ 3,892 

Contingency 

$ 3 ,922 

$ - 

$ 1 ,960 

$ - 

$ - 

$ - 

$ 391 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 6,273 

First Aid 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 3 9 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 39 

Operating Supplies 

$ 449 

$ 1 ,740 

$ 2 ,554 

$ 1 ,899 

$ 356 

$ 735 

$ 379 

$ 1,051 

$ - 

$ - 

$ - 

$ - 

$ 9,163 

Training 

$ 232 

$ - 

$ - 

$ - 

$ 64 

$ 734 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 1,030 

Janitorial Supplies 

$ - 

$ - 

$ - 

$ - 

$ 1 ,798 

$ - 

$ 9 7 

$ 112 

$ - 

$ - 

$ - 

$ - 

$ 2,006 

Janitorial Services 

$ 1 ,120 

$ 1 ,120 

$ 1 ,400 

$ 1 ,120 

$ 1 ,120 

$ 1 ,680 

$ 1,319 

$ 840 

$ - 

$ - 

$ - 

$ - 

$ 9,719 

Soil & Water Testing 

$ - 

$ - 

$ - 

$ 1 ,695 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ 1,695 

Uniforms 

$ 1 ,111 

$ 727 

$ 1 ,102 

$ 809 

$ 1 ,031 

$ 1 ,186 

$ 1,295 

$ 1,225 

$ - 

$ - 

$ - 

$ - 

$ 8,485 

Equipment Rental 

$ - 

$ - 

$ - 

$ 4 ,000 

$ - 

$ - 

$ - 

$ 2,500 

$ - 

$ - 

$ - 

$ - 

$ 6,500 

Equipment Lease 

$ 18,419 

$ 25,075 

$ 17,784 

$ 17,782 

$ 19,324 

$ 17,783 

$ 17,828 

$ 1 7,159 

$ - 

$ - 

$ - 

$ - 

$ 151,154 



Subtotal Golf Main. Exp. 

$ 100,804 

$ 104,806 

$ 115,608 

$ 125,755 

$ 127,234 

$ 106,625 

$ 110,810 

$ 111,270 

$ - 

$ - 

$ - 

$ - 

$ 902,912 



Total Operations & Mainten. 

$ 156,969 

$ 162,439 

$ 168,435 

$ 180,187 

$ 186,631 

$ 157,206 

$ 165,410 

$ 169,882 

$ - 

$ - 

$ - 

$ - 

$ 1,347,159 



Merchandise Expenditures 

Cost of Goods Sold 

$ (3,217) 

$ 9 ,209 

$ 11,511 

$ 9 ,091 

$ 5 ,178 

$ 10,783 

$ 12,639 

$ 1 3,271 

$ - 

$ - 

$ - 

$ - 

$ 68,465 



Subtotal Merchandise Exp. 

$ ( 3,217) 

$ 9,209 

$ 11,511 

$ 9,091 

$ 5,178 

$ 10,783 

$ 12,639 

$ 13,271 

$ - 

$ - 

$ - 

$ - 

$ 6 8,465 



Total Pro Shop Exp. 

$ ( 3,217) 

$ 9,209 

$ 11,511 

$ 9,091 

$ 5,178 

$ 10,783 

$ 12,639 

$ 13,271 

$ - 

$ - 

$ - 

$ - 

$ 6 8,465 



Restaurant Expenditures 



Restaurant Expenditures 

Restaurant Manager Contract 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Salaries 

$ 32,626 

$ 32,424 

$ 33,852 

$ 33,716 

$ 37,689 

$ 28,939 

$ 32,725 

$ 3 2,118 

$ - 

$ - 

$ - 

$ - 

$ 264,089 

Administrative Fee 

$ 696 

$ 970 

$ 333 

$ 660 

$ 603 

$ 567 

$ 434 

$ 757 

$ - 

$ - 

$ - 

$ - 

$ 5,021 

FICA Expense 

$ 4 ,158 

$ 3 ,794 

$ 3 ,156 

$ 3 ,609 

$ 3 ,992 

$ 3 ,097 

$ 3,458 

$ 3,580 

$ - 

$ - 

$ - 

$ - 

$ 28,844 

Health Insurance 

$ 988 

$ 988 

$ 2 ,672 

$ 2 ,106 

$ 1 ,831 

$ 1 ,840 

$ 2,879 

$ 2,751 

$ - 

$ - 

$ - 

$ - 

$ 16,055 

Workers Compensation 

$ 681 

$ 589 

$ 504 

$ 526 

$ 713 

$ 746 

$ 841 

$ 816 

$ - 

$ - 

$ - 

$ - 

$ 5,415 

Unemployment 

$ 209 

$ 217 

$ 753 

$ 1 ,265 

$ 1 ,051 

$ 533 

$ 504 

$ 460 

$ - 

$ - 

$ - 

$ - 

$ 4,993 

Telephone 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 




Viera East 

Community Development District 

Month to Month - Golf Course, Pro Shop & Restaurant 

Oct 

Nov 

Dec 

Jan 

Feb 

March 

April 

May 

June 

July 

Aug 

Sept 

Total 



Restaurant Expenditures Continued 

Utilities 

825 $ 

$ 2 ,448 

$ 879 

$ 1 ,032 

$ 1 ,294 

$ 1 ,148 

$ 1,241 

$ 1,061 

$ - 

$ - 

$ - 

$ - 

$ 9,929 

Pest Control 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Merchant Fees 

$ 1 ,770 

$ 2 ,087 

$ 2 ,629 

$ 1 ,599 

$ 1 ,805 

$ 2 ,155 

$ 2,336 

$ 2,127 

$ - 

$ - 

$ - 

$ - 

$ 16,509 

Equipment Lease 

$ 143 

$ 143 

$ 154 

$ 154 

$ 154 

$ 154 

$ 154 

$ 154 

$ - 

$ - 

$ - 

$ - 

$ 1,211 

Kitchen Equipment/Supplies 

$ 701 

$ 1 ,617 

$ 667 

$ 1 ,070 

$ 1 ,713 

$ 1 ,198 

$ 1,812 

$ 1,570 

$ - 

$ - 

$ - 

$ - 

$ 10,347 

Paper & Plastic Supplies 

$ 402 

$ 792 

$ 719 

$ 1 ,173 

$ 401 

$ 483 

$ 598 

$ 703 

$ - 

$ - 

$ - 

$ - 

$ 5,271 

First Aid 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Operating Supplies 

$ 1 ,077 

$ 353 

$ 66 

$ 860 

$ 802 

$ 988 

$ 1,684 

$ 423 

$ - 

$ - 

$ - 

$ - 

$ 6,255 

Delivery/Gas 

$ 435 

$ 506 

$ 454 

$ 507 

$ 522 

$ 682 

$ 673 

$ 606 

$ - 

$ - 

$ - 

$ - 

$ 4,385 

Dues & License 

$ 2 ,054 

$ 808 

$ 478 

$ 1 ,680 

$ 1 ,924 

$ 155 

$ 5 8 

$ 58 

$ - 

$ - 

$ - 

$ - 

$ 7,216 



Subtotal Restaurant Exp. 

$ 46,765 

$ 47,736 

$ 47,317 

$ 49,958 

$ 54,494 

$ 42,686 

$ 49,397 

$ 47,186 

$ - 

$ - 

$ - 

$ - 

$ 385,539 

Cost of Goods Sold 

Food & Snack Cost 

$ 15,097 

$ 24,202 

$ 15,383 

$ 14,030 

$ 15,625 

$ 17,428 

$ 19,531 

$ 1 9,885 

$ - 

$ - 

$ - 

$ - 

$ 141,181 

Beverage Cost 

$ 3 ,886 

$ 821 

$ 6 ,614 

$ 4 ,514 

$ 854 

$ 2 ,617 

$ 2,653 

$ 4,034 

$ - 

$ - 

$ - 

$ - 

$ 25,995 

Beer Cost 

$ 5 ,583 

$ 6 ,457 

$ 6 ,635 

$ 6 ,870 

$ 6 ,742 

$ 8 ,545 

$ 9,388 

$ 5,107 

$ - 

$ - 

$ - 

$ - 

$ 55,326 

Wine Cost 

$ (590) 

$ 386 

$ 412 

$ 2 ,057 

$ 950 

$ 1 ,589 

$ 1,203 

$ (86) 

$ - 

$ - 

$ - 

$ - 

$ 5,922 

Liquor Cost 

$ 3 ,374 

$ 3 ,085 

$ 6 ,029 

$ 3 ,442 

$ 7 ,015 

$ 4 ,305 

$ 7,403 

$ 931 

$ - 

$ - 

$ - 

$ - 

$ 35,584 



Subtotal Cost of Goods Sold 

$ 27,350 

$ 34,952 

$ 35,073 

$ 30,913 

$ 31,186 

$ 34,485 

$ 40,179 

$ 29,870 

$ - 

$ - 

$ - 

$ - 

$ 264,008 



Total Restaurant Exp. 

$ 74,115 

$ 82,688 

$ 82,390 

$ 80,871 

$ 85,680 

$ 77,171 

$ 89,575 

$ 77,056 

$ - 

$ - 

$ - 

$ - 

$ 649,547 



Total Expenditures 

$ 256,696 

$ 289,450 

$ 298,486 

$ 303,672 

$ 316,326 

$ 281,722 

$ 300,897 

$ 293,979 

$ - 

$ - 

$ - 

$ - 

$ 2,341,231 



Excess (Def.) of Rev. over Exp. 

$ (7,318) 

$ 41,007 

$ 30,822 

$ 32,463 

$ 29,757 

$ 1 38,374 

$ 34,161 

$ 6 6,739 

$ - 

$ - 

$ - 

$ - 

$ 366,003 



Other Financing Sources/Uses: 



Assess. - Recreation Debt Service 

$ 46,688 

$ 46,688 

$ 46,688 

$ 46,688 

$ 46,688 

$ 46,688 

$ 46,688 

$ 218,188 

$ - 

$ - 

$ - 

$ - 

$ 545,000 

Interest Income 

$ 2 ,294 

$ 2 ,232 

$ 2 ,087 

$ 2 ,050 

$ 2 ,198 

$ 3 ,495 

$ 3,565 

$ 8,908 

$ - 

$ - 

$ - 

$ - 

$ 26,829 

Transfer In/(Out) - Cap. Reserve 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

Transfer In/(Out) - Debt 

$ - 

$ - 

$ - 

$ - 

$ - 

$ - 

$ (200,021) 

$ - 

$ - 

$ - 

$ - 

$ - 

$ (200,021) 

Interest Expense 

$ (2,271) 

$ (2,271) 

$ (2,271) 

$ (2,271) 

$ (2,271) 

$ (2,271) 

$ (2,271) 

$ (11,354) 

$ - 

$ - 

$ - 

$ - 

$ (27,250) 

Principal Expense 

$ (45,417) 

$ (45,417) 

$ (45,417) 

$ (45,417) 

$ (45,417) 

$ (45,417) 

$ ( 45,417) 

$ 317,917 

$ - 

$ - 

$ - 

$ - 

$ 0 



Total Other Fin Sources/Uses 

$ 1,294 

$ 1,232 

$ 1,087 

$ 1,050 

$ 1,198 

$ 2,495 

$ (197,456) 

$ 533,658 

$ - 

$ - 

$ - 

$ - 

$ 344,558 




Viera East 

Community Development District 

Month to Month - Golf Course, Pro Shop & Restaurant 

Oct 

Nov 

Dec 

Jan 

Feb 

March 

April 

May 

June 

July 

Aug 

Sept 

Total 



Net Change in Fund Balance 

(6,025) $ 

$ 42,238 

$ 31,909 

$ 33,513 

$ 30,956 

$ 140,869 

$ (163,296) 

$ 600,397 

$ - 

$ - 

$ - 

$ - 

$ 710,561 



Cost of Goods Sold as a % of Sales: 

Food & Snack Cost 

47.1% 

65.1% 

47.9% 

34.4% 

45.7% 

43.5% 

50.9% 

45.3% 

Beverage Cost 

87.9% 

15.3% 

121.7% 

87.2% 

15.9% 

43.9% 

50.0% 

62.2% 

Beer Cost 

34.3% 

30.2% 

40.9% 

36.1% 

35.2% 

39.4% 

50.4% 

25.1% 

Wine Cost 

-27.7% 

22.1% 

21.0% 

72.9% 

30.2% 

50.1% 

43.4% 

-2.6% 

Liquor Cost 

23.8% 

16.3% 

38.4% 

21.4% 

45.9% 

24.6% 

48.5% 

4.9% 




Viera East 

Community Development District 

Capital Reserve Fund 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Adopted 

Budget 



Prorated Budget 

Thru 05/31/26 



General Fund 

Allocation 



Golf Course 

Allocation 



Total Actual 

Thru 05/31/26 



Revenues 

 

Interest 

2,500 $ 



$ 1,667 



$ 9,217 



$ 21,731 



$ 30,947 



Total Revenues 

$ 2,500 

Expenditures: 

Capital Outlay 

$ 238,921 

Truck Maintenance 

$ 25,000 

Bank Fee 

$ - 

Sign Project 

$ 20,000 

Vehicle Purchase 

$ - 

Total Expenditures 

$ 283,921 



$ 1,667 



$ 9,217 



$ 21,731 



$ 30,947 



$ 159,281 

$ 16,667 

$ - 

$ 13,333 

$ - 



$ 79,411 

$ - 

$ 60 

$ 3,362 

$ - 



$ 106,945 

$ - 

$ 140 

$ - 

$ - 



$ 186,356 

$ - 

$ 200 

$ 3,362 

$ - 



$ 189,281 



$ 82,832 



$ 107,085 



$ 189,917 



Excess (Deficiency) of Revenues over Expenditures 

$ (281,421) 



$ (73,615) 



$ (85,355) 



$ (158,970) 



Other Financing Sources/(Uses) 



Transfer In/(Out) - General Fund 

$ 19,058 

Transfer In/(Out) - Golf Course 

$ 166,149 



$ 12,705 

$ 110,766 



$ - 

$ - 



$ - 

$ - 



$ - 

$ - 



Total Other Financing Sources (Uses) 

$ 185,206 



$ 123,471 



$ - 



$ - 



$ - 



Net Change in Fund Balance 

$ (96,215) 

Fund Balance - Beginning 

$ 1,407,203 

Fund Balance - Ending 

$ 1,310,989 



$ 123,471 



$ (73,615) 



$ (85,355) 



$ (158,970) 



$ 1,407,203 



$ 468,559 



$ 1,104,767 



$ 1,573,325 



$ 1,530,674 



$ 394,944 



$ 1,019,412 



$ 1,414,356 




Viera East 

Community Development District 

Capital Reserve Fund 

Capital Outlay Check Register Detail 

For The Period Ending May 31, 2026 



Check 

Date 



Fund 



Vendor 



Detail 



Amount 



10/31/25 

10/16/25 

11/03/25 

11/07/25 

01/05/26 

04/22/26 

Total General Fund 



General 

General 

General 

General 

General 

General 



Regions 

John Deere 

Esch Construction Supply, Inc. 

Shutte Shack 

Kendal Signs 

Kendal Signs 



Bank Fee 

Sickle Bar Mower 

Gas Walk 

Hurricane Shutters 

Park Sign 

Fron Entrance Sign & Clubhouse 



60 $ 

$ 6,440 

$ 7,729 

$ 48,842 

$ 16,400 

$ 3,362 

$ 82,832 



10/15/25 

10/31/25 

01/07/26 

04/27/26 

05/07/26 

Total Golf Course 



Golf Course 

Golf Course 

Golf Course 

Golf Course 

Golf Course 



Landirr 

Regions 

Architectonic Inc. 

Smith Surveying & Mapping 

About Golf International, LLC 



Cart Path Project (Hole #17) 

Bank Fee 

GC Deck & Simulator 

Survey for Woodside Park 

Simulator Project 



$ 54,940 

$ 140 

$ 3,750 

$ 8,680 

$ 39,575 

$ 107,085 



Total 



$ 189,917 




Viera East 

Community Development District 

Debt Service Fund Series 2020 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Adopted 

Budget 



Prorated Budget 

Actual 

Thru 05/31/26 

Thru 05/31/26 



Variance 



Revenues: 

 

Assessments - Tax Roll 

655,615 $ 

Interest 

$ 5,000 



$ 655,615 

$ 3,333 



$ 646,737 

$ 14,435 



$ ( 8,878) 

$ 11,102 



Total Revenues 

$ 6 60,615 

Expenditures: 

Interest - 11/1 

$ 75,658 

Principal - 5/1 

$ 795,000 

Interest - 5/1 

$ 75,658 

Total Expenditures 

$ 9 46,315 



$ 6 58,948 



$ 6 61,171 



$ 2,223 



$ 75,658 

$ 795,000 

$ 75,658 



$ 75,658 

$ 795,000 

$ 75,658 



$ - 

$ - 

$ - 



$ 9 46,315 



$ 9 46,315 



$ - 



Excess (Deficiency) of Revenues over Expenditures 

$ (285,700) 



$ (285,144) 



Other Financing Sources/(Uses): 



Transfer In/(Out) 

$ - 



$ - 



$ 200,021 



$ 200,021 



Total Other Financing Sources/(Uses) 

$ - 

Net Change in Fund Balance 

$ (285,700) 

Fund Balance - Beginning 

$ 3 79,668 

Fund Balance - Ending 

$ 93,968 



$ - 



$ 200,021 



$ 200,021 



$ (85,122) 



$ 3 77,424 

$ 2 92,302 



 




Viera East 

Community Development District 

Capital Projects Fund Series 2020 

Statement of Revenues, Expenditures, and Changes in Fund Balance 

For The Period Ending May 31, 2026 



Adopted 

Budget 



Prorated Budget 

Thru 05/31/26 



Actual 

Thru 05/31/26 



Variance 



Revenues 

 

Interest 

- $ 



$ - 



$ 1,614 



$ 1,614 



Total Revenues 

$ - 

Expenditures: 

Capital Outlay 

$ - 

Total Expenditures 

$ - 



$ - 



$ 1,614 



$ 1,614 



$ - 



$ - 



$ - 



$ - 



$ - 



$ - 



Excess (Deficiency) of Revenues over Expenditures 

$ - 



$ 1,614 



Other Financing Sources/(Uses) 



Transfer In/(Out) 

$ - 



$ - 



$ - 



$ - 



Total Other Financing Sources (Uses) 

$ - 



$ - 



$ - 



$ - 



Net Change in Fund Balance 

$ - 

Fund Balance - Beginning 

$ - 

Fund Balance - Ending 

$ - 



$ 1,614 



$ 51,093 



$ 52,707