|
Love Civic Center
<br />Budget to Actual, Current Month and Prior Year Period
<br />Moded Cash Basis
<br />7
<br />Financial statement preparation s m:icc provided by MaInory, McNeal & Company PC, CPAs in accordance with professional standards issued
<br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the: modified cash basis of
<br />accounting are omitted and no assurance is provided
<br />Month Ended
<br />Month Ended
<br />Month Ended
<br />5 Months Ended
<br />Feb 28, 2018
<br />Feb 28, 2018
<br />Feb 28, 2017,
<br />Feb 2'8, 2017
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Motel Tax
<br />$ 61,697.04
<br />$ 67.5010.00
<br />$ 64,154.20
<br />$ 134,464.29
<br />R,V, Hook Up
<br />180.82
<br />500.00
<br />101.17
<br />5,491.17
<br />Misc: Income
<br />28,13
<br />150.00
<br />0.00
<br />0.00
<br />Rent
<br />27,379.02
<br />7,600.00
<br />22,185,00
<br />60,885,12
<br />Refunded Rent Deposits
<br />(1,100.00)
<br />(916.67)
<br />(100m)
<br />(4165,00),
<br />Tower Lighting
<br />62,57
<br />66.67
<br />0,00
<br />150.00
<br />Bicycle Rentals
<br />29.88
<br />01.00
<br />0.00
<br />0,00
<br />Total Revenue
<br />88,277.46
<br />74,800.010
<br />86,340.37
<br />200,625.58
<br />OPERATING EXPENSES
<br />Bank Service Charge
<br />9.33
<br />20,83
<br />17.46
<br />39.52
<br />Communications
<br />382.52
<br />500,00
<br />463.04
<br />1,602.40
<br />Office Expense
<br />20.00
<br />41.67
<br />50-00
<br />50-00:
<br />Payroll Expenses
<br />7,992,00
<br />9,333.33
<br />6,794.39
<br />26,267.17
<br />Payroll Tax Expense
<br />596,84
<br />750,00
<br />372.85
<br />2,438,82
<br />Marketing / Advertisingi
<br />132.50
<br />250.00
<br />601.88
<br />601.88
<br />Professional Fees
<br />472.50
<br />250,00
<br />403.33
<br />1,677.33
<br />Utilities
<br />3,904.05
<br />4,562,49
<br />4,687.88
<br />20,721.40
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.100
<br />250.00
<br />1,350.00
<br />Contracted Services
<br />0.00
<br />166.67
<br />0.00
<br />8,21:5.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />18,000.00
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />0.00
<br />5.41
<br />Eiffel Tower Lighting/Maint
<br />0.00
<br />33133
<br />0.00
<br />0.00
<br />Building Maint./SpIs.
<br />5,807.63
<br />8,250,00
<br />1,383.16
<br />15,,610.34
<br />Security
<br />58.95
<br />83.33
<br />0,00
<br />0.00
<br />Staff Ins.lRetirement
<br />393.77
<br />708.33
<br />26103
<br />2,908,98
<br />Insurance
<br />1,647.34
<br />570.83
<br />0.00
<br />5,851.76
<br />Mise Expenses
<br />0.00
<br />83.33
<br />0.00
<br />402.01
<br />Interest Expense
<br />1,969.94
<br />916.67
<br />2,431,88
<br />4,901 57
<br />Ground Maintenance
<br />0.00
<br />625.00
<br />0.00
<br />2,340,00
<br />Housekeeping Supplies
<br />0.00
<br />166.67
<br />0.00
<br />24109
<br />Clean ing/Renting Table Clothes
<br />360.00
<br />0.00
<br />93.00
<br />93.00
<br />Total Operating Expenses
<br />23.9917.37
<br />27,862.48
<br />117,811.90
<br />113,339.68
<br />Operating Income (Loss)
<br />64,280.09
<br />46,937.S2
<br />68,528.47
<br />87,185.90
<br />OTHER INCOME
<br />Interest Income
<br />0.00
<br />8.33
<br />0,00
<br />0.00
<br />Total Other Income
<br />0.010
<br />8.33
<br />0.00
<br />0.00,
<br />Net Income (Loss)
<br />64,280.09
<br />46,945,85
<br />68j528.47
<br />87,185.90
<br />Financial statement preparation s m:icc provided by MaInory, McNeal & Company PC, CPAs in accordance with professional standards issued
<br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the: modified cash basis of
<br />accounting are omitted and no assurance is provided
<br />
|