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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 July 31, 2018 and 2017 and 10 Months Ended July 31, 2017
<br />Month Ended Month Ended Month Ended 10 Months Ended
<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 />Jul 31, 2018
<br />Jul 31, 2018
<br />Jul 31, 2017
<br />Jul 31, 2017
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Catering
<br />$ 0.00
<br />$ 0.00
<br />$ 0.00
<br />$ 500.00
<br />Motel Tax
<br />0.00
<br />0.00
<br />0.00
<br />201,267.98
<br />R.V. Hook Up
<br />342.19
<br />500.00
<br />239.48
<br />11,033.81
<br />Misc Income
<br />0.00
<br />150.00
<br />0.00
<br />14.05
<br />Rent
<br />4,425.47
<br />7,500.00
<br />5,502.85
<br />131,573.69
<br />Refunded Rent Deposits
<br />(2,400.00)
<br />(916.66)
<br />(1,967.00)
<br />(6,982.00)
<br />Tower Lighting
<br />0.00
<br />66.66
<br />0.00
<br />185.00
<br />Bicycle Rentals
<br />- ----- �469.10,
<br />0.00
<br />_0.00
<br />0.00
<br />Total Revenue
<br />2,866.76
<br />7,300.00
<br />3,775.33
<br />337,592.53
<br />OPERATING EXPENSES
<br />Craft Expo
<br />25.00
<br />0.00
<br />0.00
<br />0.00
<br />Bank Service Charge
<br />11.20
<br />20.83
<br />43.07
<br />125.52
<br />Communications
<br />324.85
<br />500.00
<br />359.08
<br />3,272.14
<br />Office Expense
<br />0.00
<br />41.66
<br />0.00
<br />2,596.43
<br />Payroll Expenses
<br />9,421.53
<br />9,333.33
<br />9,476.79
<br />69,614.84
<br />Payroll Tax Expense
<br />720.76
<br />750.00
<br />705.07
<br />5,692.18
<br />Marketing / Advertising
<br />0.00
<br />250.00
<br />0.00
<br />1,203.76
<br />Professional Fees
<br />520.00
<br />250.00
<br />349.16
<br />13,452.99
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />19.66
<br />Utilities
<br />4,293.42
<br />4,562.49
<br />3,846.00
<br />40,279.22
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />2,600.00
<br />Contracted Services
<br />0.00
<br />166.66
<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./Spls.
<br />58.95
<br />8,250.00
<br />3,876.46
<br />28,188.80
<br />Security
<br />0.00
<br />83.33
<br />0.00
<br />0.00
<br />Staff Ins./Retirement
<br />156.68
<br />708.33
<br />385.50
<br />6,021.11
<br />Insurance
<br />60.93
<br />570.83
<br />0.00
<br />5,851.76
<br />Misc Expenses
<br />0.00
<br />83.33
<br />0.00
<br />511.93
<br />Interest Expense
<br />0.00
<br />916.66
<br />0.00
<br />7,116.55
<br />Ground Maintenance
<br />2,126.30
<br />625.00
<br />530.00
<br />8,876.50
<br />Housekeeping Supplies
<br />0.00
<br />166.66
<br />383.19
<br />1,535.73
<br />Furniture & Fixtures
<br />0.00
<br />0.00
<br />0.00
<br />3,524.40
<br />Supplies
<br />32.93
<br />0.00
<br />418.50
<br />985.80
<br />Total Operating Expenses
<br />118,002.66
<br />27.862.44
<br />20.622.82
<br />229 849.73
<br />Operating Income (Loss)
<br />815,146.80)
<br />(20,562.44
<br />18,847.49
<br />107,742.80
<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 />15145.80
<br />(20,554.11)
<br />16,847.49
<br />107 742.80,
<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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