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Paris Visitor & Convention Council
<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 Annual Budget
<br />Actual
<br />Budget
<br />Revenue
<br />Hotel !Motel Occupancy Tax
<br />$ 0.00
<br />$ 0.m00 $�O.OD
<br />0.00% S
<br />640,000.00,
<br />Total Revenue
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />640,000.00
<br />Operating Expenses
<br />Training / Education
<br />0.00
<br />167.00
<br />(167.00)
<br />0.00%
<br />2,000.00
<br />Postage
<br />91,13
<br />125.00
<br />(33.87)
<br />72,90%
<br />1,500.00
<br />Misc. Expenses
<br />0.00
<br />208.00
<br />(208.00)
<br />0,00%
<br />2,500.00
<br />D & O Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,800.00
<br />Worker's Comp
<br />707.33
<br />0.00
<br />707.33
<br />0.00%
<br />2,000.00
<br />Staff Ins./Retirement
<br />466.17
<br />834.00
<br />(367.83)
<br />65.90%
<br />10,000.00
<br />Meetings & Hosting
<br />0.00
<br />250.00
<br />(250.00)
<br />0.00%
<br />3,000.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />40,000.00
<br />Small Equipment
<br />0.00
<br />84.00
<br />(84.00)
<br />0.00%
<br />1,000.00
<br />Out of Town Travel
<br />269.90
<br />417.00
<br />(147.10)
<br />64.72%
<br />5,000.00
<br />Intown Auto/Exp Allowance
<br />200.00
<br />417.00
<br />(217.00)
<br />47.96%
<br />5,000.00
<br />Membership Dues/Sub.
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />4,000.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Bookkeeping
<br />373.33
<br />375.00
<br />(1.67)
<br />99.55%
<br />4,500.00
<br />Payroll Expenses
<br />6,592.32
<br />6,667.00
<br />(74.68)
<br />98.88%
<br />80,000.00
<br />Payroll Tax Expense
<br />499.16
<br />510.00
<br />(10.84)
<br />97.87%
<br />6,120.00
<br />Office Expense
<br />145.26
<br />334.00
<br />(186.74)
<br />43.49%
<br />4,000.00
<br />Communications
<br />0.00
<br />250.00
<br />(250.00)
<br />0.00%
<br />3,000.00
<br />Furniture & Fixtures
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,000.00
<br />Historical Museum
<br />0.00
<br />292.00
<br />(292.00)
<br />0.00%
<br />3,500.00
<br />Bank Service Charge
<br />147.55
<br />42.00
<br />105.55
<br />351.31 %
<br />500.00
<br />Credit Card Fee
<br />0.00
<br />206.00
<br />(208.00)
<br />0.00%
<br />2,500.00
<br />Motel Tax Transferred to LCC
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />320,000.00
<br />Marketing / Advertising
<br />11,683.41
<br />5,334.00
<br />6,349.41
<br />219.04%
<br />64,000.00
<br />Event Expenses
<br />47.66
<br />17.00
<br />30.66
<br />280.35%
<br />200.00
<br />Chaparral Square Dancers
<br />1,541.18
<br />500.00
<br />1,041.18
<br />308.24%
<br />500.00
<br />Tour de Paris Exp
<br />31.11
<br />0.00
<br />31.11
<br />0.00%
<br />32,500.00
<br />Uncle Jessie's Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />500.00
<br />Lamar Co Days in Austin Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />4,500.00
<br />ASA
<br />0.00
<br />0.00
<br />0:00
<br />0.00%
<br />27,000.00
<br />SDBA Boat Races
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />7,500.00
<br />Events Promotion / Funding
<br />2,974.20
<br />2,750.00
<br />224.20
<br />108.15%
<br />33,000.00
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />7,000.00
<br />Baseball Field Lighting
<br />11,855.86
<br />13,333.00
<br />(1,477.14)
<br />0.00%
<br />13,333.00
<br />Pump Track
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />50,000.00
<br />Rent to COC
<br />1 000.00
<br />1,000.00
<br />0.00
<br />0.00% �
<br />12,000.00
<br />Total Operating Expenses
<br />. 38,625.57
<br />34,114.00
<br />4,511.57
<br />113.22%
<br />757,953.00
<br />Operating Income (Loss)
<br />38,625.5734,114
<br />4,511.57
<br />113.22%(117,953.00)
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.70
<br />167.00
<br />(166.30)
<br />0.42%
<br />2,000.00
<br />Trolley
<br />75.00
<br />417.00
<br />(342.00)
<br />17.99%
<br />5,000.00
<br />Tour de Paris Income
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />45,000.00
<br />Souvenir Sales
<br />567.46
<br />1,000.00
<br />(432.54)
<br />56.75%
<br />12,000.00
<br />Interest Income14.74
<br />m_
<br />2
<br />150
<br />.2.24
<br />117.92%
<br />150.00
<br />Total Not -Hot Income657.9
<br />0
<br />IT
<br />___L,596.60
<br />938.60'
<br />41.21%
<br />64,150.00
<br />NOT -HOT EXPENSES
<br />Trolley Driver
<br />345.00
<br />167.013
<br />178.00
<br />206.59%
<br />2,000.00
<br />Trolley Expenses
<br />100.00
<br />500.00
<br />(400.00)
<br />20.00%
<br />6,000.00
<br />Trolley Insurance
<br />164.48
<br />175.00
<br />(10.52)
<br />93.99%
<br />2,100.00
<br />Souvenir Exp
<br />148 00
<br />417.00
<br />_ Q10.5?)
<br />93.99%
<br />5.000.00
<br />Total Not -Hot Expenses
<br />757.481,259.00
<br />(501.52}
<br />60.17%
<br />15,100.00
<br />Net Income (Loss)
<br />$ - 38 725.15
<br />33,776.5
<br />.0
<br />$ coo,,4�94
<br />714.65 % $
<br />(68s9D3.0�0
<br />; ,w
<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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