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Love Civic Center
<br />Budget to Actual, Year-t�o-Date
<br />Modified Cash Basis
<br />For the 3 Months Ended December 31, 2017
<br />Financial statement preparation semcc provided by Malnorry, McNeal & Company PC, CPAs in accordance will) prol[cssional standards issued
<br />by the AICPA, substantuttly all disclosures ordinarily included in financial stalerncrits prepared in accordancc with the moflied cash basis of
<br />accounting are omined and no assurance is provided
<br />3 Months Ended
<br />3 Months Ended
<br />Doc 31® 2017
<br />Dec 31„ 2017
<br />Variance
<br />of Budget
<br />Annual
<br />Budget
<br />Actual
<br />Budoet
<br />Revenue
<br />Mo,tel Tax
<br />$78,13OA7
<br />5 67,51)OZO
<br />3 10,63047
<br />115,75%
<br />$ 270,000,00
<br />R V, Hook Up
<br />166.57
<br />1'500,00
<br />(1,331,43)
<br />11 24 %
<br />60000.00
<br />Mis,c income
<br />1,403.60
<br />450,00
<br />95360
<br />311,91 %
<br />1,800,00
<br />I ower Lighting
<br />20001
<br />(200.01)
<br />coo %
<br />800,00
<br />Bicycle Rentals
<br />1,328.44
<br />1,32844,
<br />0.00 %
<br />Rent
<br />36.176,40
<br />22,500.00
<br />13o67&40
<br />1160.78%
<br />90,000 00
<br />Refun�ded DepoWts
<br />0.00
<br />750.01
<br />350,01
<br />7,27 *A
<br />Total Revenue
<br />114,807.48
<br />89,400 00
<br />25,407.48
<br />128.42 %
<br />36760000
<br />Operating Expenses
<br />Bank Service Charge
<br />56.61
<br />62.52'
<br />(591)
<br />9055%
<br />25000,
<br />Training I Education
<br />125.00
<br />0 00
<br />125.I00
<br />0,00 1%
<br />10 OD
<br />Bicydes 8, Reiated Expenses
<br />111.38
<br />-
<br />111.38
<br />0,00%
<br />Catering Exp
<br />1,350,00
<br />1,350,00
<br />0,00%
<br />Communications
<br />1,242,29
<br />1.50,000
<br />(257,71)
<br />02-82 %
<br />5,000.00
<br />Office Expense
<br />15000
<br />125.01
<br />24.99
<br />I1e-99%
<br />500.00
<br />Payroli Expenses
<br />25,912.99
<br />28,000.02
<br />(2,087'.03)
<br />92.551 1%
<br />1112,000 DO
<br />Payroll Tax Expense
<br />1,965.37
<br />2,250r00
<br />(264 k3)
<br />87.35%
<br />9,1000,00
<br />Market rig / AdverlWnp
<br />650 00
<br />75000
<br />(1001-00)
<br />86,67 %
<br />3,0010-00
<br />Professional! Fees -Cather
<br />-
<br />12'5.00
<br />(125.00)
<br />&OD %
<br />125,00
<br />Membership DuestSub
<br />15600
<br />15600
<br />0.00 %
<br />10000
<br />Audit
<br />-
<br />0,00 %
<br />1,75000
<br />Bookkeeping
<br />1,,236,66
<br />7501,00
<br />486,66
<br />164.89%
<br />3,000.00
<br />Electricity
<br />8,400.58
<br />10,0100,02
<br />(1,59944)
<br />8401 %
<br />40,000.00
<br />Water
<br />59479
<br />11'500.00
<br />(90521)
<br />3965 %
<br />6,00000
<br />Gas
<br />76584
<br />1,000012
<br />(234,18)
<br />76,510 %
<br />4,00000
<br />Trash Disposal
<br />1,15733
<br />1,187,52
<br />(29.79)
<br />9749 %
<br />4,75000
<br />Ontown Auto Exp Allowance
<br />75000
<br />750.00
<br />1'00,00 %
<br />3,000,00
<br />Contracted Services
<br />-
<br />500.1011
<br />(500.011)
<br />0,00%
<br />2,0=00
<br />Chamber Management
<br />18'000.00
<br />18,000.00
<br />100,00 %,
<br />18,1000 00
<br />Eilfed Tower Lighting/' aint
<br />1,000,02,
<br />(1,0001.02)
<br />UOD %
<br />4,000.00
<br />Building Nlaint)Spis.
<br />'14,362.30
<br />24750.00
<br />€10,387.70)
<br />58.03 %
<br />9U100.00
<br />Security
<br />176.85
<br />250,02
<br />(73,17)
<br />70,73%
<br />1,00000
<br />Staff Ins,/Rehrement
<br />2,,368,05
<br />2,12502
<br />243,013
<br />1:11,44 %
<br />8,50D 00
<br />General Uabibly,
<br />0,00
<br />93750
<br />0.00%
<br />3,750.00
<br />Workers Cornp. insurance
<br />771.00
<br />325.02
<br />445.98
<br />237,22 %
<br />1,300 DO
<br />Directors & Officers
<br />0.00%
<br />2,000,00
<br />Long Term Disability
<br />450,00
<br />(450,00)
<br />000 %
<br />1,800,00
<br />Misc Expenses
<br />111,85
<br />250.02
<br />(138,17)
<br />44,74 %
<br />1'000.00
<br />interest Expense
<br />2,064 45
<br />2.750.01
<br />(68556)
<br />75,07 %
<br />11,000,00
<br />Ground Mentenance
<br />2,120,00
<br />1,875,00
<br />24500
<br />113.07 %
<br />7,50000
<br />Hotisekeeping Supplies
<br />461.16
<br />50001
<br />(wm)
<br />9223 %
<br />2,00000
<br />CleaninglRenting I able Clolhes
<br />19200
<br />192,00
<br />0,00 %
<br />SuppOes
<br />313 68
<br />313,88
<br />0,010 IX,
<br />Total Operating Expenses
<br />861:566J8
<br />101,712,74 _(jt,145.9J6
<br />84.13' % —.266,326.010
<br />Interest Income
<br />0.00
<br />25:02
<br />_02)
<br />0.00 11%
<br />100 00
<br />Not lncome (Loss)
<br />$ 29,240.70 $
<br />_(12,287.72
<br />41,528,42
<br />237.2J7% $
<br />1,375.00
<br />Financial statement preparation semcc provided by Malnorry, McNeal & Company PC, CPAs in accordance will) prol[cssional standards issued
<br />by the AICPA, substantuttly all disclosures ordinarily included in financial stalerncrits prepared in accordancc with the moflied cash basis of
<br />accounting are omined and no assurance is provided
<br />
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