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Paris Visitor & Convention Council
<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, 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 />2 Months Ended
<br />2 Months Ended
<br />Nov 30, 2018
<br />Nov 30, 2018
<br />Variance
<br />% of Budget
<br />Annual Budget
<br />Actual
<br />Budget
<br />Revenue
<br />Hotel / Motel Occupancy Tax
<br />$ 1 88.... 476.26
<br />$ 1 60,000 00
<br />$ 28,476.26
<br />0.00%
<br />$.... 640 000.00
<br />Total Revenue
<br />188,476.26
<br />160,000.00
<br />28,476.26
<br />0.00%
<br />640,000.00
<br />Operating Expenses
<br />Training! Education
<br />0.00
<br />334.00
<br />(334.00)
<br />0.00%
<br />2,000.00
<br />Postage
<br />98.96
<br />250.00
<br />(151.04)
<br />39.58%
<br />1,500.00
<br />Misc Expenses
<br />63.96
<br />416.00
<br />(352.04)
<br />15.38%
<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 />1,000.00
<br />(292.67)
<br />70.73%
<br />2,000.00
<br />Staff Ins./Retirement
<br />958.05
<br />1,668.00
<br />(709.95)
<br />57.44%
<br />10,000.00
<br />Meetings & Hosting
<br />46.53
<br />500.00
<br />(453.47)
<br />9.31 %
<br />3,000.00
<br />Chamber Management
<br />10,000.00
<br />10,000.00
<br />0.00
<br />100.00%
<br />40,000.00
<br />Small Equipment
<br />0.00
<br />168.00
<br />(168.00)
<br />0.00%
<br />1,000.00
<br />Out of Town Travel
<br />269.90
<br />834.00
<br />(564.10)
<br />32.36%
<br />5,000.00
<br />Intown Auto/Exp Allowance
<br />400.00
<br />834.00
<br />(434.00)
<br />47.96%
<br />5,000.00
<br />Membership Dues/Sub.
<br />790.00
<br />1,800.00
<br />(1,010.00)
<br />43.89%
<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 />992.16
<br />750.00
<br />242.16
<br />132.29%
<br />4,500.00
<br />Payroll Expenses
<br />13,057.60
<br />13,334.00
<br />(276.40)
<br />97.93%
<br />80,000.00
<br />Payroll Tax Expense
<br />1,019.56
<br />1,020.00
<br />(0.44)
<br />99.96%
<br />6,120.00
<br />Office Expense
<br />145.26
<br />668.00
<br />(522.74)
<br />21.75%
<br />4,000.00
<br />Communications
<br />0.00
<br />500.00
<br />(500.00)
<br />0.00%
<br />3,000.00
<br />Furniture & Fixtures
<br />0.00
<br />1,000.00
<br />(1,000.00)
<br />0.00 %
<br />1,000.00
<br />Historical Museum
<br />0.00
<br />584.00
<br />(584.00)
<br />0.00%
<br />3,500.00
<br />Bank Service Charge
<br />155.01
<br />84.00
<br />71.01
<br />184.54%
<br />500.00
<br />Credit Card Fee
<br />285.62
<br />416.00
<br />(130.38)
<br />68.66%
<br />2,500.00
<br />Motel Tax Transferred to LCC
<br />94,238.13
<br />80,000.00
<br />14,238.13
<br />117.80%
<br />320,000.00
<br />Marketing / Advertising
<br />15,703.41
<br />10,668.00
<br />5,035.41
<br />147.20 °%
<br />64,000.00
<br />Event Expenses
<br />47.66
<br />34.00
<br />13.66
<br />140.18%
<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 />882.76
<br />1,000.00
<br />(117.24)
<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 />607.90
<br />0.00
<br />507.90
<br />0.00%
<br />7,500.00
<br />Events Promotion / Funding
<br />3,738.02
<br />5,500.00
<br />(1,761.98)
<br />67.96%
<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 />88.92%
<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 />2,000.00
<br />0.00
<br />100.00%
<br />12,000.00
<br />Total Operating Expenses
<br />159,504.86
<br />149,195.00
<br />10,309.86
<br />106.91 %
<br />757„953.00
<br />Operating Income (Loss)
<br />28,971.40
<br />10,805.00
<br />18,166.40
<br />268.13%
<br />(117,953.00)
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.70
<br />334.00
<br />(333.30)
<br />0.21 °%
<br />2,000.00
<br />Trolley
<br />1,725.00
<br />834.00
<br />891.00
<br />206.83%
<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 />848.52
<br />2,000.00
<br />(1,151.48)
<br />42.43%
<br />12,000.00
<br />Interest Income
<br />_ 14.74
<br />25 m00(10
<br />58.96%
<br />150.00
<br />Total Not -Hot income
<br />2,588.96
<br />3,193.00
<br />604.04
<br />81.08%
<br />64,150.00
<br />NOT -HOT EXPENSES
<br />Trolley Driver
<br />442.50
<br />334.00
<br />108.50
<br />132.49%
<br />2,000.00
<br />Trolley Expenses
<br />636.69
<br />1,000.00
<br />(363.31)
<br />63.67%
<br />6,000.00
<br />Trolley Insurance
<br />326.80
<br />350.00
<br />(23.20)
<br />93.37%
<br />2,100.00
<br />Souvenir Exp
<br />280.00
<br />�m 834.00
<br />(23.20)
<br />93.37%
<br />5,000.00
<br />Total Not -Hot Expenses
<br />1,685.99
<br />2,518.00
<br />_ (832.01)
<br />66.96%
<br />15,100.00
<br />Net Income (Loss)
<br />$ 29,874.37
<br />$ 11 480.00
<br />$ 18,394.37
<br />260.23 °%
<br />$ (68 903.00)
<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 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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