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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 November 30, 2018 and 2017 and 2 Months Ended November 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 />2 Months Ended
<br />Nov 30, 2018
<br />Nov 30, 2018
<br />Nov 30, 2017
<br />Nov 30, 2017
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Motel Tax
<br />$ 94,238.13
<br />$ 80,000.00
<br />$ 78,130,47
<br />$ 78,130.47
<br />R.V. Hook Up
<br />315.00
<br />834.00
<br />0.00
<br />168.57
<br />Misc Income
<br />0.00
<br />150.00
<br />1,403.60
<br />1,403.60
<br />Rent
<br />16,614.72
<br />7,916.00
<br />16,624.65
<br />26,239.65
<br />Refunded Deposits
<br />(4,500.00)
<br />(916.00)
<br />300.00
<br />(1,600.00)
<br />Bicycle Rentals
<br />,219.62
<br />„�vvv 208.00
<br />m_ 486.20
<br />1,067.34
<br />Total Revenue
<br />106,887.47
<br />88,192.00
<br />96,944.92
<br />105,409.63
<br />Operating Expenses
<br />Bank Service Charge
<br />9.33
<br />21.00
<br />11.20
<br />21.90
<br />Communications
<br />315.76
<br />458.00
<br />485.10
<br />951.07
<br />Office Expense
<br />354.69
<br />42.00
<br />150.00
<br />150.00
<br />Payroll Expenses
<br />7,498.73
<br />9,333.00
<br />7,816.68
<br />15,972.19
<br />Payroll Tax Expense
<br />567.97
<br />750.00
<br />592.32
<br />1,210.55
<br />Marketing / Advertising
<br />200.00
<br />250.00
<br />650.00
<br />650.00
<br />Professional Fees - Other
<br />0.00
<br />10.00
<br />0.00
<br />0.00
<br />Bookkeeping
<br />618.83
<br />271.00
<br />372.50
<br />715.00
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />156.00
<br />Electricity
<br />2,378.49
<br />3,333.00
<br />2,308.26
<br />5,905.03
<br />Water
<br />112.16
<br />417.00
<br />160.45
<br />354.76
<br />Gas
<br />139.64
<br />375.00
<br />176.09
<br />176.09
<br />Trash Disposal
<br />810.42
<br />438.00
<br />385.91
<br />771.82
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />500.00
<br />Contracted Services
<br />60.00
<br />167.00
<br />0.00
<br />0.00
<br />Chamber Management
<br />18,000.00
<br />18,000.00
<br />18,000.00
<br />18,000.00
<br />Eiffel Tower Lighting/Maint
<br />0.00
<br />334.00
<br />0.00
<br />0.00
<br />Building Maint./Spls.
<br />4,524.97
<br />8,250.00
<br />694.87
<br />4,570.24
<br />Security
<br />56.95
<br />104.00
<br />58.95
<br />117.90
<br />Staff Ins./Retirement
<br />532.91
<br />708.00
<br />510.82
<br />1,857.22
<br />Building Insurance
<br />4,277.09
<br />0.00
<br />0.00
<br />0.00
<br />Workers Comp. Insurance
<br />0.00
<br />0.00
<br />771.00
<br />771.00
<br />Long Term Disability
<br />0.00
<br />150.00
<br />0.00
<br />0.00
<br />Misc Expenses
<br />137.56
<br />117.00
<br />65.39
<br />111.85
<br />Interest Expense
<br />1,609.89
<br />1,875.00
<br />2,064.45
<br />2,064.45
<br />Ground Maintenance
<br />1,165.00
<br />708.00
<br />530.00
<br />1,590.00
<br />Housekeeping Supplies
<br />0.00
<br />250.00
<br />146.51
<br />146.51
<br />Supplies
<br />682.84
<br />0.00
<br />0.00
<br />313.88
<br />Bicycles & Related Expenses
<br />0.00
<br />42.00
<br />107.80
<br />107.80
<br />Catering Exp
<br />0.00
<br />0.00
<br />0.00
<br />1,350.00
<br />Cleaning
<br />0.00834.00
<br />0.00
<br />�.._.,., 0.00
<br />Total Operating Expenses
<br />44,305.23
<br />47,887.00
<br />36,308.30
<br />58,535.26
<br />Operating Income (Loss)
<br />62, 582.24
<br />40,305.00
<br />�
<br />60,636.62
<br />46,874.37
<br />Other Income
<br />Interest Income
<br />0.00
<br />9.00
<br />-
<br />0.00
<br />0.00
<br />Total Other Income0.00
<br />0.00
<br />� 9.00,
<br />� 0.00
<br />_
<br />Net Income (Loss)
<br />$ 62,582.24
<br />$ 40„314.00
<br />$ 60,636.62
<br />$ 46,874.37
<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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