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Lamar County Chamber of Commerce
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the Month Ended December 31, 2018 and 2017 and 3 Months Ended December 31, 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 />3 Months Ended
<br />Dec 31, 2018
<br />Dec 31, 2018
<br />Dec 31, 2017
<br />Dec 31, 2017
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Speed Networking
<br />$ 0.00
<br />$ 125.00 $
<br />40.00
<br />$ 125.00
<br />Agriculture Crate - ABBS
<br />0.00
<br />0.00
<br />35,024.69
<br />35,629.69
<br />Lamar Co Day In Austin
<br />0,00
<br />0.00
<br />0.00
<br />(4,578.50)
<br />Shop Local
<br />0.00
<br />0.00
<br />2,855.00
<br />10,610.00
<br />Seminar
<br />0.00
<br />0.00
<br />4,042.00
<br />4,491.00
<br />Chamber All -Breed Bull Proceeds
<br />12,525.55
<br />0.00
<br />14,174.84
<br />14,174.84
<br />Celebration
<br />0.00
<br />9,00D.00
<br />0.00
<br />12,300.00
<br />Wings over Paris
<br />0.00
<br />0.00
<br />0.00
<br />(10,611.81)
<br />Business After Five
<br />500.00
<br />750.00
<br />867.00
<br />2,997.00
<br />Food far Thought
<br />0.00
<br />62.50
<br />0.00
<br />0.00
<br />Misc. income
<br />0.00
<br />667.00
<br />0.00
<br />485.00
<br />Membership Dues
<br />24,000.57
<br />13,750.00
<br />26,918.50
<br />63,736.50
<br />Management Fee - LCC
<br />0.00
<br />0.00
<br />0.00
<br />18,000.00
<br />Management Fees - VCG
<br />0,00
<br />0.00
<br />0.00
<br />10,000.00
<br />Mailing Labels
<br />0.00
<br />0.00
<br />30.00
<br />30.00
<br />Rent from VCC
<br />1,000.00
<br />1,000.00 w....
<br />0.00
<br />2000.00
<br />Total Revenue
<br />38,026.12
<br />25,354.50
<br />83G962.03
<br />159 388.72
<br />Operating Expenses
<br />Bank Service Charge
<br />11.20
<br />62.00
<br />123.70
<br />15D.97
<br />Credit Card Fees
<br />0.00
<br />33.00
<br />0.00
<br />0.00
<br />Communications
<br />683.68
<br />583.00
<br />415.25
<br />1,731.78
<br />Office Expense
<br />552.01
<br />583.00
<br />347.31
<br />1,569.65
<br />Payroll Expenses
<br />17,099.28
<br />13,083.00
<br />7,664.71
<br />35,838.08
<br />Payroll Tax Expense
<br />1,296.03
<br />1,042.00
<br />581.88
<br />2,722.86
<br />Marketing/Advertising
<br />235.00
<br />417.00
<br />0.00
<br />1,021.25
<br />Bookkeeping Fees
<br />538.33
<br />333.00
<br />521.67
<br />1,236.67
<br />Membership Dues/Sub
<br />1,000.00
<br />3,000.00
<br />1,496.00
<br />1,496.00
<br />Electricity
<br />203.98
<br />458.00
<br />193.92
<br />794.14
<br />Water
<br />30.14
<br />25.00
<br />29.26
<br />89.53
<br />Gas
<br />122.66
<br />65.00
<br />53.44
<br />157.69
<br />Trash Removal
<br />34.77
<br />33.00
<br />32.73
<br />97.79
<br />Intown Auto/Exp Allowance
<br />500.00
<br />667.00
<br />0.00
<br />698.00
<br />Small Equipment
<br />0.00
<br />83.00
<br />0.00
<br />0.00
<br />Event Expenses
<br />0.00
<br />42.00
<br />0.00
<br />0.00
<br />Shop Local
<br />0.00
<br />0.00
<br />13,580.00
<br />17,402.49
<br />Ambassadors Luncheon & Other
<br />364.23
<br />0.00
<br />0.00
<br />312.20
<br />Speed Networking
<br />0.00
<br />0.00
<br />0.00
<br />135.00
<br />Seminar
<br />0.00
<br />0.00
<br />614.97
<br />7,474.92
<br />Business After Five Exp
<br />0.00
<br />500.00
<br />146.02
<br />2,925.88
<br />Celebration
<br />993.68
<br />5,000.00
<br />0.00
<br />25,615.34
<br />SDBA Boat Races Exp
<br />0.00
<br />0.00
<br />544.00
<br />544.00
<br />Junior Chamber
<br />101.76
<br />0.00
<br />0.00
<br />0.00
<br />Food for Thought Exp
<br />34.64
<br />0.00
<br />0.00
<br />0.00
<br />Meetings & Hosting
<br />0.00
<br />1,000.00
<br />375.00
<br />1,212.04
<br />Building Repairs/Maintenance
<br />981.98
<br />667.00
<br />2,628.70
<br />5,878.70
<br />Staff Ins,/Retirement
<br />1,134.02
<br />833.00
<br />842.52
<br />31975.83
<br />Insurance
<br />6.92
<br />0.00
<br />0.00
<br />0.00
<br />Worker's Comp
<br />0.00
<br />0.00
<br />0.00
<br />771.00
<br />D & O Liabilty Ins
<br />1,435.33
<br />1,400.00
<br />0.00
<br />0.00
<br />Long Term Disability
<br />0.00
<br />225.00
<br />0.00
<br />0.00
<br />Misc Expenses
<br />81.13
<br />125.00
<br />119,86
<br />571.11
<br />Furniture & Fixtures
<br />0.00
<br />125,00
<br />0.00
<br />0.00
<br />Membership Relations
<br />0.00
<br />42.00
<br />0.00
<br />0.00
<br />Business Meetings
<br />0.00
<br />63.00
<br />0.00
<br />183.28
<br />Professional Training/Travel
<br />0.00
<br />417.00
<br />250.00
<br />250.00
<br />Annual Meeting
<br />0.00
<br />1,500.00
<br />0.00
<br />0.00
<br />Postage
<br />0.00
<br />100.00
<br />131.17
<br />329,17
<br />President Replacement
<br />0.00
<br />0.00
<br />0.00
<br />821.00
<br />Chamber Membership Bonus
<br />0
<br />0 m„0„
<br />1 000
<br />._.......,.00
<br />_
<br />_.... 1.00 0.00
<br />�m
<br />Total Operating Expenses
<br />27,440.77
<br />32,526,OR
<br />31,692.11
<br />117,006.37
<br />Operating Income (Loss)
<br />10,585.35
<br />(7,171.50
<br />52,259.92
<br />42,382.35
<br />Other Income
<br />Interest Income_
<br />3.
<br />3.0D
<br />13.20
<br />. 38.81
<br />Total Other Income
<br />13.15
<br />3.00
<br />13.20
<br />38.81
<br />Net Income (Loss)
<br />$ 7�
<br />$ I7 1�c BW�..8.50' $
<br />52r273.72
<br />$ 42,421.16
<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 />
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