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Love Civic Center
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the Month Ended April 30, 2018 and 2017 and 7 Months Ended April 30, 2017
<br />Financial statement preparation service provided by Malnory, 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 income tax basis of
<br />accounting are omitted and no assurance is provided
<br />Month Ended
<br />Month Ended
<br />Month Ended
<br />7 Months Ended
<br />Apr 30, 2018
<br />Apr 30, 2018
<br />Apr 30, 2017
<br />Apr 30, 2017
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Catering
<br />$ 250.00
<br />$ 0.00
<br />$ 0.00
<br />$ 250.00
<br />Motel Tax
<br />0.00
<br />0.00
<br />0.00
<br />134,464.29
<br />R.V. Hook Up
<br />368.41
<br />500.00
<br />4,942.14
<br />10,433.31
<br />Mise Income
<br />0.00
<br />150.00
<br />0.00
<br />0.00
<br />Rent
<br />8,966.50
<br />7,500.00
<br />21,084.37
<br />94,874.00
<br />Refunded Rent Deposits
<br />(1,340.00)
<br />(916.67)
<br />(650.00)
<br />(4,415.00)
<br />Booth Rental
<br />400.00
<br />0.00
<br />0.00
<br />0.00
<br />Tower Lighting
<br />0.00
<br />66.67
<br />35.00
<br />185.00
<br />Bicycle Rentals
<br />95.00
<br />0.00
<br />0.00
<br />0.00
<br />Total Revenue
<br />8,739.91
<br />7L300.00
<br />225 411.51
<br />235,791.60
<br />OPERATING EXPENSES
<br />Bank Service Charge
<br />13.07
<br />20.83
<br />11.20
<br />51.92
<br />Communications
<br />382.13
<br />500.00
<br />575.11
<br />2,415.27
<br />Office Expense
<br />31.67
<br />41.67
<br />0.00
<br />50.00
<br />Payroll Expenses
<br />8,376.15
<br />9,333.33
<br />8,782.82
<br />44,977.31
<br />Payroll Tax Expense
<br />642.49
<br />750.00
<br />669.79
<br />3,836.07
<br />Marketing / Advertising
<br />0.00
<br />250.00
<br />601.88
<br />1,203.76
<br />Professional Fees
<br />343.33
<br />250.00
<br />8,676.66
<br />12,386.32
<br />Membership Dues/Sub
<br />0.00
<br />100.00
<br />19.66
<br />19.66
<br />Utilities
<br />3,921.14
<br />4,562.49
<br />3,018.94
<br />27,774.45
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />1,850.00
<br />Contracted Services
<br />0.00
<br />166.67
<br />0.00
<br />10,375.00
<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 />333.33
<br />0.00
<br />0.00
<br />Building Maint./Spas.
<br />11,324.47
<br />8,250.00
<br />2,709.66
<br />22,347.19
<br />Security
<br />58.95
<br />83.33
<br />0.00
<br />0.00
<br />Staff Ins./Retirement
<br />903.08
<br />708.33
<br />976.35
<br />4,469.38
<br />Insurance
<br />3,837.66
<br />570.83
<br />0.00
<br />5,851.76
<br />Misc. Expenses
<br />189.35
<br />83.33
<br />64.53
<br />466.54
<br />Interest Expense
<br />0.00
<br />916.67
<br />0.00
<br />4,901.57
<br />Ground Maintenance
<br />1,682.50
<br />625.00
<br />530.00
<br />7,286.50
<br />Housekeeping Supplies
<br />471.25
<br />166.67
<br />278.60
<br />837.85
<br />Cleaning/Renting Table Clothes
<br />0.00
<br />0.00
<br />0.00
<br />93.00
<br />Bicycles & Related Expenses
<br />_ 121.66
<br />0.00
<br />0.00
<br />0.00
<br />Total Operating Expenses
<br />321548.90
<br />27,962.48
<br />27,165.20
<br />169.208.96
<br />Operating Income (Loss)
<br />___ „?3808.99
<br />30,562.48
<br />(1,753.69)
<br />66,582.64
<br />OTHER INCOME
<br />Interest Income
<br />0.00
<br />8.33
<br />0.00
<br />0.00
<br />Total Other Income
<br />0.00
<br />8.33
<br />0.00
<br />0.00
<br />Net Income (Loss)
<br />_(23,808.9
<br />20„654.15
<br />(1,753.69)
<br />66 582.64
<br />Financial statement preparation service provided by Malnory, 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 income tax basis of
<br />accounting are omitted and no assurance is provided
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