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Lamar County Chamber of Commerce
<br />Budget to Actual, Year -to -Date
<br />Modified Cash Basis
<br />For the 3 Months Ended December 31, 2018
<br />3 Months Ended 3 Months Ended
<br />Dec 31, 2018
<br />Dec 31, 2018
<br />Variance
<br />% of Budget
<br />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 />375.00
<br />(375.00)
<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 />Chamber All -Breed Bull Proceeds
<br />12,525.55
<br />0.00
<br />12,525.55
<br />0.00%
<br />0.00
<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 />20,000.00
<br />(11,960.00)
<br />40.20%
<br />40,000.00
<br />Business After Five
<br />1,666.66
<br />2,250.00
<br />(583.34)
<br />74.07%
<br />9,000.00
<br />Food for Thought
<br />0.00
<br />187.50
<br />(187.50)
<br />0.00%
<br />750.00
<br />Misc. Income
<br />50.00
<br />2,001.00
<br />(1,951.00)
<br />2.50%
<br />8,000.00
<br />Membership Dues
<br />57,234.82
<br />41,250.00
<br />15,984.82
<br />138.75%
<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 />_ 3"000.00
<br />3,000.00
<br />0.00
<br />100-00%
<br />12,000.00
<br />Total Revenue
<br />111 607.03
<br />97,130.50
<br />74,476.53
<br />114.90%
<br />332 200.00
<br />Gross Profit
<br />_ 111,607.03
<br />97,130.50
<br />14,476.53
<br />114.90%
<br />332,200.00
<br />OPERATING EXPENSES
<br />Bank Service Charge
<br />33.60
<br />186.00
<br />(152.40)
<br />18.06%
<br />750.00
<br />Credit Card Fees
<br />0.00
<br />99.00
<br />(99.00)
<br />0.00%
<br />400.00
<br />Communications
<br />1,780.33
<br />1,749.00
<br />31.33
<br />101.79%
<br />7,000.00
<br />Office Expense
<br />2,003.71
<br />1,749.00
<br />254.71
<br />114.56%
<br />7,000.00
<br />Payroll Expenses
<br />43,176.63
<br />39,249.00
<br />3,927.63 .
<br />110.01 %
<br />157,000.00
<br />Payroll Tax Expense
<br />3,320.30
<br />3,126.00
<br />194.30
<br />106.22%
<br />12,500.00
<br />Marketing /Advertising
<br />435.00
<br />1,251.00
<br />(816.00)
<br />34.77%
<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 />1,530.49
<br />999.00
<br />531.49
<br />163.10%
<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 />1,570.00
<br />3,000.00
<br />(1,430.00)
<br />0.00%
<br />3,000.00
<br />Electricity
<br />810.64
<br />1,374.00
<br />(563.36)
<br />59.00%
<br />5,500.00
<br />Water
<br />90.42
<br />75.00
<br />15.42
<br />120.56%
<br />300.00
<br />Gas
<br />227.94
<br />193.00
<br />34.94
<br />118.10%
<br />650.00
<br />Trash Removal
<br />104.27
<br />99.00
<br />5.27
<br />105.32 °%
<br />400.00
<br />Intown Auto/Exp Allowance
<br />1,587.20
<br />2,001.00
<br />(413.80)
<br />79.32%
<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 />249.00
<br />(249.00)
<br />0.00%
<br />1,000.00
<br />Event Expenses
<br />0.00
<br />126.00
<br />(126.00)
<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 8 Other
<br />1,011.44
<br />0.00
<br />1,011.44
<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 />1,500.00
<br />(525.78)
<br />64.95%
<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 />25,886.14
<br />30,000.00
<br />(4,113.86)
<br />86.29%
<br />30,000.00
<br />Board Retreai
<br />130.00
<br />0.00
<br />130.00
<br />0.00%
<br />0.00
<br />Junior Chamber
<br />236.76
<br />0.00
<br />236.76
<br />0.00%
<br />0.00
<br />Food for Thought Exp
<br />34,64
<br />0.00
<br />34.64
<br />0.00%
<br />0.00
<br />Meetings & Hosting
<br />192.91
<br />1,000.00
<br />(807.09)
<br />0.00%
<br />1,500.00
<br />Building Repairs/Maintenance
<br />2,024.61
<br />2,001.00
<br />23.61
<br />101.18%
<br />8,000.00
<br />Staff Ins./Retirement
<br />2,943.49
<br />2,499.00
<br />444.49
<br />117.79%
<br />10,000.00
<br />Insurance
<br />20.76
<br />0.00
<br />20.76
<br />0.00%
<br />0.00
<br />Building Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3:000.00
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,400.00
<br />Worker's Comp
<br />707.33
<br />1,500.00
<br />(792.67)
<br />47.16%
<br />1,500.00
<br />D & O Liabiity Ins
<br />1,435.33
<br />1,400.00
<br />35.33
<br />0.00%
<br />1,400.00
<br />Long Term Disability
<br />0.00
<br />675.00
<br />(675.00)
<br />0,00%
<br />2,700.00
<br />Misc Expenses
<br />541.94
<br />375.00
<br />166.94
<br />144.52%
<br />1,500.00
<br />Furniture & Fixtures
<br />0.00
<br />375.00
<br />(375.00)
<br />0.00%
<br />1,500.00
<br />Membership Relations
<br />0.00
<br />126.00
<br />(126.00)
<br />0.00%
<br />500.00
<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
<br />ordinarily included in financial statements prepared in accordance with the income tax basis of
<br />accounting are omitted and no assurance is provided
<br />
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