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Love Civic Center
<br />Budget to Actual, Year -to -Date
<br />.` Modified Cash Basis
<br />For the;Month Ended October 31, 2018
<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 />Oct 31, 2018
<br />Oct 31, 2018
<br />Variance
<br />% of Budget
<br />Annual Budget
<br />Actual
<br />Budaet
<br />REVENUE
<br />R.V. Hook Up
<br />240.80
<br />834.00
<br />(593.20)
<br />28.87%
<br />10,000.00
<br />Mlsc Income
<br />0.00
<br />150.00
<br />(150.00)
<br />0.00%
<br />1,800.00
<br />Rent
<br />6,524.14
<br />.7,916.00
<br />(1,391.86)
<br />82.42%
<br />95,000.00
<br />Refunded Deposits
<br />(900.00)
<br />(916.00)
<br />16.00
<br />98-.25%
<br />(11,000.00)
<br />Booth Rental
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />400.00
<br />Tower Lighting
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />400.00
<br />Craft Expo Inc.
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,000.00
<br />Bicycle Rentals
<br />394.48
<br />w 208.00
<br />186.48
<br />189m65 °
<br />2,500.00„
<br />Total Revenue
<br />_ 6,259.42
<br />8,192.00
<br />{1„932.58)
<br />76.41 °%
<br />422,100.00
<br />GrossProflt
<br />6,259.42
<br />8,192.00
<br />____�1,93258
<br />_ 76.41 %
<br />422,100.00
<br />OPERATING EXPENSES
<br />Craft Expo
<br />0.00
<br />0.00
<br />0.00
<br />OAO %
<br />250.00
<br />Bank Service Charge
<br />7.46
<br />21.00
<br />(13.54)
<br />35.52%
<br />250.00
<br />Communications
<br />291.60
<br />458.00
<br />(166.40)
<br />63.67%
<br />5,500.00
<br />Office Expense
<br />0.00
<br />42.00
<br />(42.00)
<br />0.00%
<br />500.00
<br />Payroll Expenses
<br />7,324.74
<br />9,333.00
<br />(2,008.26)
<br />78.48%
<br />112,000.00
<br />Payroll Tax Expense
<br />554.68
<br />750.00
<br />(195.32)
<br />73.96%
<br />8,000.00
<br />Marketing / Advertising
<br />0.00
<br />250.00
<br />(250.00)
<br />0.00%
<br />3,000.00
<br />Professional Fees - Other
<br />0.00
<br />10.00
<br />(10.00)
<br />0.00%
<br />125.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,800.00
<br />Bookkeeping
<br />373.34
<br />271.00
<br />102.34
<br />137.76%
<br />3,250.00
<br />Membership Dues/Sub
<br />156.00
<br />200.00
<br />(44.00)
<br />78.00%
<br />200.00
<br />Electricity
<br />3,217.96
<br />3,333.00
<br />(115.04)
<br />96.55%
<br />40,000.00
<br />Water
<br />1,256.24
<br />417.00
<br />839.24
<br />301.26%
<br />5,000.00
<br />Gas
<br />73.69
<br />375.00
<br />(301.31)
<br />19.65%
<br />4,506.00
<br />Trash Disposal
<br />405.21
<br />438.00
<br />(32.79)
<br />92.51 %
<br />5,250.00
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />0.00
<br />100,00%
<br />3,000.00
<br />Small Equipment
<br />556.84
<br />500.00
<br />56.84'
<br />111.37%
<br />500.00
<br />Contracted Services
<br />60.00
<br />167.00
<br />(107.00)
<br />35.93%
<br />2,000.00•
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />18,000.00
<br />Eiffel Tower Lighting/Maint
<br />0.00
<br />334.00
<br />(334.00)
<br />0.00%
<br />4,000.00
<br />Building Maint./Spas.
<br />5,608.45
<br />8,250.00
<br />(2,641.55)
<br />67.98%
<br />99,600.00
<br />Security
<br />58.95
<br />104.00
<br />(45.05)
<br />56.68%
<br />1,250.00
<br />Staff Ins./Retirement
<br />530.83
<br />708.00
<br />(177.17)
<br />74.98%
<br />8,500.00
<br />General Liability
<br />0.00
<br />400.00
<br />(400.00)
<br />0.00%
<br />4,800.00
<br />Workers Comp. Insurance
<br />707.34
<br />1,400.00
<br />(692.66)
<br />50.52%
<br />1,400.00
<br />Director's & Officers
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Long Term Disability
<br />0.00
<br />150.00
<br />(150.00)
<br />0.00%
<br />1,800.00
<br />Misc Expenses
<br />0.00
<br />117.00
<br />(117.00)
<br />0.00%
<br />1,400.00
<br />Interest Expense
<br />0.00
<br />625.00
<br />(625.00)
<br />0.00%
<br />7,500.00
<br />Ground Maintenance
<br />582.50
<br />708.00
<br />(125:50)
<br />82.27%
<br />8,500.00
<br />Housekeeping Supplies
<br />0.00
<br />250.00
<br />(250.00)
<br />0.00 %
<br />3,000.00
<br />Bicycles & Related Expenses
<br />43.73
<br />42.00
<br />1.73
<br />104.12%
<br />500.00
<br />Capital Improvements
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />50,000.00
<br />Cleaning
<br />0.00
<br />..„m mwww 834.00
<br />(834 00
<br />0.00%
<br />10,000.00
<br />Total Operating Expenses
<br />.w 22,059.56
<br />30,737.00
<br />677._44
<br />71.77 °%
<br />4 7 77 00
<br />Operating Income Loss
<br />15800.14
<br />22,545.00
<br />6,744.86
<br />70.08%
<br />4,325.00
<br />OTHER INCOME
<br />Interest Income
<br />0.00
<br />..-... 9.00
<br />_....�9�
<br />0.00 °%
<br />� _ 100.00
<br />Total Other Income
<br />0.00
<br />9.00
<br />(9.00)
<br />0.00%
<br />100.00
<br />Income (Loss) Before Income Taxes
<br />�M m��15,�80014
<br />(22,536.00)
<br />v � 6,735.86
<br />70.11 °
<br />4,425.00
<br />µ
<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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