|
Lamar County Chamber of Commerce
<br />Budget to Actual, Year -to -Date
<br />Modified Cash Basis
<br />For the 2 Months Ended November 30, 2018
<br />Financial statement preparation service provided by Malnory, McNeal & Company PC, CFAs 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 />2 Months Ended 2 Months Ended
<br />Nov 30, 2018
<br />Nov 30, 2018
<br />Variance
<br />°% of Budget Annual Budget
<br />Actual
<br />Budget
<br />REVENUE
<br />ASA Concession Sales
<br />$ 0.00 $
<br />0.00 $
<br />0.00
<br />0.00% $
<br />5,000.00
<br />Speed Networking
<br />0.00
<br />250.00
<br />(250.00)
<br />0.00%
<br />1,500.00
<br />Lamar Co Day in Austin
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,000.00
<br />Seminar
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,000.00
<br />Visitors Guide
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,500.00
<br />Fireworks Display
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />20,250.00
<br />Celebration
<br />8,040.00
<br />11,000.00
<br />(2,960.00)
<br />73.09%
<br />40,000.00
<br />Business After Five
<br />1,166.66
<br />1,500.00
<br />(333.34)
<br />77.78%
<br />9,000.00
<br />Food for Thought
<br />0.00
<br />125.00
<br />(125.00)
<br />0.00%
<br />750.00
<br />Misc. Income
<br />50.00
<br />1,334.00
<br />(1,284.00)
<br />3.75%
<br />8,000.00
<br />Membership Dues
<br />33,234.25
<br />27,500.00
<br />5,734.25
<br />120.85%
<br />165,000.00
<br />Annual Meetings
<br />1,000.00
<br />0.00
<br />1,000.00
<br />0.00%
<br />0.00
<br />Management Fee - LCC
<br />18,000.00
<br />18,000.00
<br />0.00
<br />100.00%
<br />18,000.00
<br />Management Fees - VCC
<br />10,000.00
<br />10,000.00
<br />0.00
<br />100,00%
<br />40,000.00
<br />Mailing Labels
<br />90.00
<br />67.00
<br />23.00
<br />134.33%
<br />200.00
<br />Rent from VCC
<br />�,m,,,,,,,, 2 00�^, t)00 ,
<br />2,00000
<br />0.00
<br />_ 100,00%
<br />12,000.00
<br />Total Revenue1x804.91
<br />73,580.91,
<br />- 71,776.00 .��
<br />_ 102.61 °%
<br />332,200.00
<br />Gross Profit
<br />73,680-91
<br />71,776.00
<br />1,804.91
<br />102.51%
<br />332,200.00
<br />OPERATING EXPENSES
<br />Bank Service Charge
<br />22.40
<br />124.00
<br />(101.60)
<br />18.06%
<br />750.00
<br />Credit Card Fees
<br />0.00
<br />66.00
<br />(66.00)
<br />0.00%
<br />400.00
<br />Communications
<br />1,096.65
<br />1,166.00
<br />(69.35)
<br />94.05%
<br />7,000.00
<br />Office Expense
<br />1,451.70
<br />1,166.00
<br />285.70
<br />124.50%
<br />7,000.00
<br />Payroll Expenses
<br />26,077.35
<br />26,166.00
<br />(88.65)
<br />99.66%
<br />157,000.00
<br />Payroll Tax Expense
<br />2,024.27
<br />2,084.00
<br />(59.73)
<br />97.13%
<br />12,500.00
<br />Marketing / Advertising
<br />200.00
<br />834.00
<br />(634.00)
<br />23.98%
<br />5,000.00
<br />Audit Fees
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,500.00
<br />Bookkeeping Fees
<br />992.16
<br />666.00
<br />326.16
<br />148.97%
<br />4,000.00
<br />Attorney
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Membership Dues/Sub
<br />570.00
<br />0.00
<br />570.00
<br />0.00%
<br />3,000.00
<br />Electricity
<br />606.66
<br />916.00
<br />(309.34)
<br />66.23%
<br />5,500.00
<br />Water
<br />60.28
<br />50.00
<br />10.28
<br />120.56%
<br />300.00
<br />Gas
<br />105.28
<br />128.00
<br />(22.72)
<br />82.25%
<br />650.00
<br />Trash Removal
<br />69.50
<br />66.00
<br />3.50
<br />105.30%
<br />400.00
<br />Intown Auto/Exp Allowance
<br />1,087.20
<br />1,334.00
<br />(246.80)
<br />81.50%
<br />8,000.00
<br />Out of Town Travel
<br />0.00
<br />334.00
<br />(334.00)
<br />0.00%
<br />1,000.00
<br />Small Equipment
<br />0.00
<br />166.00
<br />(166.00)
<br />0.00%
<br />1,000.00
<br />Event Expenses
<br />0.00
<br />84.00
<br />(84.00)
<br />0.00%
<br />500.00
<br />Lamar County Days in Austin
<br />940.00
<br />0.00
<br />940.00
<br />0.00%
<br />5,000.00
<br />Ambassadors Luncheon & Other
<br />647.21
<br />0.00
<br />647.21
<br />0.00%
<br />2,500.00
<br />Speed Networking
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />750.00
<br />ASA Concession Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />4,000.00
<br />Seminar
<br />210.19
<br />0.00
<br />210.19
<br />0.00%
<br />1,500.00
<br />Business After Five Exp
<br />974.22
<br />1,000.00
<br />(25.78)
<br />97.42%
<br />6,000.00
<br />Fireworks Display Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />20,000.00
<br />Celebration
<br />24,892.46
<br />25,000.00
<br />(107.54)
<br />99.57%
<br />30,000.00
<br />Board Retreat
<br />130.00
<br />0.00
<br />130.00
<br />0.00%
<br />0.00
<br />Junior Chamber
<br />135.00
<br />0.00
<br />135.00
<br />0.00%
<br />0.00
<br />Meetings & Hosting
<br />192.91
<br />0.00
<br />192.91
<br />0.00%
<br />1,500.00
<br />Building Repairs/Maintenance
<br />1,042.63
<br />1,334.00
<br />(291.37)
<br />78.16%
<br />8,000.00
<br />Staff Ins./Retirement
<br />1,809.47
<br />1,666.00
<br />143.47
<br />108.61 °%
<br />10,000.00
<br />Insurance
<br />13.84
<br />0.00
<br />13.84
<br />0.00%
<br />0.00
<br />Building Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />0.00%
<br />3,000.00
<br />1,400.00
<br />General Liability
<br />Worker's Comp
<br />0.00
<br />707.33
<br />0.00
<br />1,500.00
<br />(792.67)
<br />47.16%
<br />1,500.00
<br />D & 0 Liabilty Ins
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,400.00
<br />Long Term Disability
<br />0.00
<br />450.00
<br />(450.00)
<br />0.00%
<br />2,700.00
<br />Misc Expenses
<br />460.81
<br />250.00
<br />210.81
<br />184.32°%
<br />1,500.00
<br />Furniture & Fixtures
<br />0.00
<br />250.00
<br />(250.00)
<br />0.00%
<br />1,500.00
<br />Membership Relations
<br />0.00
<br />84.00
<br />(84.00)
<br />0.00 %
<br />500.00
<br />Business Meetings
<br />0.00
<br />166.00
<br />(166.00)
<br />0.00%
<br />1,000.00
<br />Professional Training/Travel
<br />372.79
<br />834.00
<br />(461.21)
<br />44.70 °%
<br />5,000.00
<br />Financial statement preparation service provided by Malnory, McNeal & Company PC, CFAs 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 />
|