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Visitors Convention Council
<br />Profit Loss Budget vs. Actual
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<br />1
<br />Budget
<br />Actual
<br />Budget
<br />Budget
<br />2
<br />10116-9117
<br />10116-9117
<br />10/17-9118
<br />10/18-9119
<br />Description
<br />3
<br />!Ordinary
<br />Income/Expense
<br />4
<br />Income
<br />5
<br />40000 • Income from Events - not hot
<br />6
<br />40030 • Souvenir Sales
<br />$ 20,000.00
<br />$ 9,983.77
<br />$ 20,000.00
<br />$ 12,000.00
<br />we have seen a continual decline in Souvenir sales.
<br />Tour de Paris has seen revenue based on increase in riders plus the
<br />7
<br />40040 - Tour de Paris Income
<br />40,000.00
<br />44,987.10
<br />45,000.00
<br />45,000.00
<br />addition of the Gravel Grind on July 22.
<br />8
<br />40200 . Motel Tax - hot
<br />615,000.00
<br />658,525.56
<br />630,000.00
<br />640,000.00
<br />Hotel/motel growth from events and travelers.
<br />9
<br />41000 - Misc Income
<br />1,500.00
<br />_ 508.00
<br />1,500.00
<br />2,000.00
<br />10
<br />41200 - Trolly / Historical
<br />5,000.00
<br />3,910.10
<br />5,000.00
<br />5,000.00
<br />Trolley is aging, so expect repairs.
<br />11
<br />41920 • ASA Booth Rentals
<br />-
<br />1,800.00
<br />-
<br />12
<br />Total
<br />Income
<br />681,500.00
<br />719,714.53
<br />701,500.00
<br />704,000.00
<br />13
<br />Expense
<br />1A
<br />54600 - Training I Education
<br />2,500.00
<br />465.72
<br />3,000.00
<br />2,000.00
<br />,Continuing Education for Tourism Director.
<br />15
<br />52900 - Furniture & Fixtures
<br />1,000.00
<br />600.00
<br />2,000.00
<br />1,000.00
<br />Office chairs.
<br />16
<br />50000 • Bank Service Charge
<br />17
<br />50010 • Credit Card Charges
<br />1,000.00
<br />2,470.05
<br />1,500.00
<br />2,500.00
<br />Credit card use continually grows.
<br />18
<br />50000 • Bank Service Charge - Other
<br />400.00
<br />98.19
<br />400.00
<br />500.00
<br />19
<br />50001 - Motel Tax Transferred Out
<br />263,571.00
<br />282,225.23
<br />270,000.00
<br />320,000.00
<br />One-half of the budgeted $640,000.
<br />20
<br />50100 • Communications
<br />7,000.00
<br />871.06
<br />7,000.00
<br />3,000.00
<br />Phone service and fax line.
<br />21
<br />50200 • Office Expense
<br />3,000.00
<br />3,791.04
<br />5,000.00
<br />4,000.00
<br />22
<br />50300 - Payroll Expenses
<br />120,000.00
<br />83,034.13
<br />115,000.00
<br />80,000.00
<br />Tourism Director, Director of Sales and Marketing, and Secretary.
<br />23
<br />50400 • Payroll Tax Expense
<br />9,180.00
<br />6,595.55
<br />9,500.00
<br />6,120.00
<br />Proportional to payroll.
<br />24
<br />50500 • Marketing / Advertising
<br />50,000.00
<br />45,387.66
<br />63,000.00
<br />64,000.00
<br />Covers Sales materials, Marketing, Maps, Direct Mail, Advertising.
<br />25
<br />50600 • Professional Fees
<br />26
<br />50610 • Audit
<br />2,000.00
<br />1,758.00
<br />2,000.00
<br />2,000.00
<br />Based on recent costs.
<br />27
<br />50620 • Bookkeeping
<br />3,000.00
<br />4,146.36
<br />3,000.00
<br />4,500.00
<br />Based on recent costs.
<br />28
<br />50600 • Professional Fees - Other
<br />150.00
<br />500.00
<br />29
<br />50700 • Membership Dues/Sub.
<br />4,000.00
<br />2,444.67
<br />4,000.00
<br />4,000.00
<br />ITourism organization dues.
<br />30
<br />50800 • Utilities
<br />34
<br />50900 - Intown Auto/Exp Allowance
<br />4,000.00
<br />2,300.00
<br />5,000.00
<br />5,000.00
<br />Auto allowance plus some mileage at IRS rate.
<br />35
<br />51000 • Out of Town Travel
<br />3,000.00
<br />1,303.93
<br />7,500.00
<br />5,000.00
<br />(Recruitment of events.
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