Budget Hearing Proposed FY 2027
August 27, 2026

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Viera East Community Development District Boundaries

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HOA/Sub-Divisions	
Viera East Golf Course District Association HOA	
Aberdeen	
Addington	
Ashton	
Blackheath	
Brightwood	
Canterbury	
Collingtree	
Durban Park	
Oaklefe	
Parkstone	
Stratford Place	
Woodhall	
The Villages of Viera East HOA	
Bennington	
Somerville	
Templeton	
Herons' Landing HOA	
Herons' Landing	
Grand Isle HOA	
Grand Isle	
Bayhill Residential District HOA	
Bay Hill	
Cross Creek	

	
Wingate Estates District Association HOA	
Wingate Estates	
Auburn Lakes District HOA	
Auburn Lakes	
IRCC	
Osprey Residential District HOA	
Osprey Landing	
Osprey Ridge	
Heritage District HOA	
The Heritage	
Fawn Ridge District HOA	
Fawn Ridge	
Hammock Trace District HOA	
Hammock Trace	
Hammock Estates of Brevard HOA	
Hammock Lakes	
Greens at Viera East Condo Assoc	
The Greens Condos	
Lakes a Viera East Condo Assoc	
The Lakes Condos	
Center at Murrell and Viera HOA	
Center at Murrell and Viera	
Corporate Park at Viera HOA	
Corporate Park at Viera	
Master HOA Viera East	
Master Home Owners Association (VECA)	

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VIERA EAST COMMUNITY DEVELOPMENT DISTRICT COMPONENTS
31 SUBDIVISIONS/COMMUNITIES
4,200 RESIDENTIAL UNITS
APPROXIMATELY 205 ACRES OF COMMERCIAL PROPERTIES
OVER 1,000 ACRES OF WETLANDS & CONSERVATION AREAS
SCRUB JAY HABITAT
84 CDD MAINTAINED RETENTION PONDS
5+ MILES OF SIDEWALKS AND BIKE PATHS
RESTAURANT
WOODSIDE PARK – DOG PARK AND NATURAL PLAYGROUND
VARIOUS INFRASTRUCTURE MAINTENANCE AREAS THROUGHOUT CDD
NATURAL AREA TRAILS
18 HOLE CHAMPIONSHIP GOLF COURSE AND PRACTICE RANGE
EMPLOYEES 50 STAFF MEMBERS
VISIT THE CDD WEBSITE: WWW.VIERAEASTCDD.COM

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CDD Accomplishments
Golf Course and Agronomy
Maintained strong course conditions while accommodating approximately 60,000 annual rounds and heavy seasonal play.
Successfully managed turf recovery following an unusually cold winter front and herbicide-related stress on the greens.
Expanded aerification, venting, topdressing, fertility, and organic compost programs to improve turf health and long-term playing conditions.
Completed root pruning around trees where root competition was negatively affecting surrounding turf.
Continued improving the environmental sustainability of the fertility program by reducing reliance on plastic-coated fertilizers and incorporating carbon-based products.

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CDD Accomplishments
Golf Operations and Revenue
Increased golf revenue by approximately $125,000, or 7.6%, through the first seven months of the fiscal year compared with the same period last year.
Maintained approximately 63% occupancy during the primary golf season while balancing public, resident, loyalty, and annual pass play.
Developed a simplified two-season golf rate structure for the upcoming fiscal year, replacing the more complicated four-season structure.
Improved tournament-planning materials and developed coordinated golf and food-and-beverage offerings.

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CDD Accomplishments
Hook & Eagle Tavern
Recruited and onboarded a dedicated Food and Beverage Manager to strengthen daily leadership and financial accountability.
Identified and corrected food-safety, storage, labeling, chemical-handling, and organizational concerns.
Improved inventory controls and purchasing practices to reduce waste and unnecessary product accumulation.
Improved consistency by standardizing food and bar recipes.
Reduced food-and-beverage cost of goods by approximately $22,000, or 8.5%, through the first seven months of the fiscal year compared with the prior year.
Reviewed the menu to improve kitchen efficiency, ingredient cross-utilization, product consistency, and profitability.
Strengthened event and tournament food-and-beverage packages to support future revenue growth.

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CDD Accomplishments
District and Environmental Operations
Improved procedures for fire-line clearing to protect private property, gopher tortoises, and environmentally sensitive areas.
Strengthened resident communication regarding lake algae, aquatic vegetation, cold-weather fish die-offs, fertilization, and golf course conditions.
Improved documentation and planning for shoreline restoration, preserve maintenance, and environmental work.

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CDD Accomplishments
Financial and Organizational Leadership
Increased total operating revenue by approximately $130,000, or 5.9%, through the first seven months of the fiscal year.
Managed significant increases in labor, fuel, fertilizer, equipment, and food costs while maintaining service levels and facility quality.
Improved financial monitoring and accountability across golf operations, maintenance, and food and beverage.
Strengthened departmental coordination among golf operations, golf course maintenance, restaurant operations, and administration.
Updated job descriptions, employee policies, operating procedures, and performance expectations.

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FY 2027	

Debt Service Fund	
$108	

Operation and Maintenance (General Fund)	
$336	
Recreation Fund (Operations)	$8	
Total Per Unit	$453	

Proposed FY 2027 Assessment Rates

Total Decrease of $51/Home Over 2026

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FY 23	
FY 24	
FY 25	
FY 26	
Proposed FY 27	

Operations	
$236	
$236	
$236	
$236	
$336	

Debt Service	
$139	
$139	
$139	
$139	
$108	

Recreation	
$129	
$129	
$129	
$129	
$8	

Total	
$504	
$504	
$504	
$504	
$453	

Historical Assessment Table

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Proposed Assessment Breakdown
Recreation - Operations

Debt Service Bonds 24%

2%

General Fund 74%

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Important Budget Notes
No Operations and Maintenance (O & M) Assessments Fund Golf Operations
O and M Assessments Support:
Lake Maintenance
Fire Lines
Lake Bank Restoration
O and M Increase ($570k)
$191k Operating Expenses
$379k Reserves

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General Fund
General CDD Administration
Park Maintenance
Lake Maintenance
Fire Line Maintenance
Conservation Area Maintenance
Transfer to Capital Reserves ($379,832)
Assessment and Revenues - $2,049,077
Expense - $2,049,077

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General Fund – Increased Expenses
Inflationary Increases in Contracts
Increased Funds for Lake Bank Restoration
Additional Funds Needed for Capital Projects:
Sidewalk Repairs
Woodside Park Restroom Renovations
Continue Funding Capital Reserves

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	Budgeted		Actual (Through 5/31/26)		Projected (9/30/26)	
Golf Course Revenues	$3,599,861		$2,707,234		$4,060,852	
						
Golf Course Expenses	($3,431,712)		($2,341,231)		($3,517,097)	
						
Net Gain/Loss	$168,149		$366,003		$543,755	

2026 Actual and Projected
Golf Course Operations Revenues and Expenses

* Figures only include Golf Revenues and Expenses and are exclusive of Reserve Transfers of Profits

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2027 FY PROPOSED BUDGET
Golf Course Revenues and Expenses

Budgeted FY 2027

Golf Course Revenues

$ 3,979,252

Golf Course Expenses

($ 3,682,282)

Net Income

$296,970

* Reserve Transfer Not Included

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Revenue by Category FY 2027
Greens Fees - $2,407,500
Memberships - $100,000
Loyalty Program, - $25,000
Driving Range - $87,418
Golf Lessons - $15,000
Merchandise Sales - $125,664
Simulator - $100,000
Restaurant - $1,103,670
Miscellaneous- $15,000

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Expenses by Department FY 2027
General Expenditures - $212,694
Golf Operations - $679,450
Merchandise COGS - $87,965
Golf Course Maintenance Expenditures - $1,375,226
Administrative Expenditures - $223,277
Restaurant – $1,103,670
Reserves - $308,970

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Recreation Fund and Debt Service
Recreation Assessment ($8.27 per unit)
Expenses
General Fund (Woodside Park) – $55,000 – Park Maintenance and Park Materials
Series 2020 Bonds – Debt at start of FY 2027: $5,425,000
Fully Amortized on 5/1/38
Bond Interest - $135,414
Bond Principal - $380,000

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Annual Golf Course Profits Over Time

$500, 000

$400, 000

$424,621
$348,025

$373,597

$321,387

$300, 000

$257,072

$200, 000

$100, 000

$38,653
$9,363

$9,830

$0

$11,814
20 15

$14,918

20 16

20 17

20 18

20 19

20 20

20 21	20 22	20 23	20 24	20 25

($100,0 00)

($200,0 00)

($175,689)

($300,0 00)

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Capital Projects Fund
$2 ,500 ,000 	

$2 ,000 ,000 	

$1 ,500 ,000 	

$1 ,000 ,000 	

$5 00,0 00 	

$0 	
20 20	20 21	20 22	20 23	20 24	20 25	20 26	Proposed 2027

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Reasons for O & M Increase
Additional Capital Reserves for District Operations
$379k to Fund Future Capital Reserves
Culvert Repairs
Lake Repairs
Contract Increases
Chemicals
Gasoline
Increases in Salary Minimum Wages
2005 – $6.15/hour
2026 - $15/hour
143% increase from 2005

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Notes on Public Comments
State Your Name and Address
Comments Limited to 3 Minutes
Please Be Respectful
Please Try Not to Repeat the Same Points
Not a Q and A Session

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