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Paris Visitor & Convention Council
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For Month Ended November 30, 2018 and 2017 and 2 Months Ended November 30, 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 />2 Months Ended
<br />Nov 30, 2018
<br />Nov 30, 2018
<br />Nov 30, 2017
<br />Nov 30, 2017
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel / Motel Occupancy Tax
<br />$ 188,476.26
<br />$ 160,000.00
<br />1
<br />1 $ _....w_.....82,304.4 ...3
<br />$ _ 182,304.43
<br />Total Revenue
<br />188,476.26
<br />160,000.00
<br />182,304.43
<br />182,304.43
<br />OPERATING EXPENSES
<br />Training I Education
<br />0.00
<br />167.00
<br />230.00
<br />230.00
<br />Postage
<br />7.83
<br />125.00
<br />40.91
<br />197.50
<br />Misc Expenses
<br />63.96
<br />208.00
<br />497.56
<br />533.51
<br />Worker's Comp
<br />0.00
<br />0.00
<br />771.00
<br />771.00
<br />Staff Ins./Retirement
<br />491.88
<br />834.00
<br />483.29
<br />1,840.22
<br />Meetings & Hosting
<br />46.53
<br />250.00
<br />193.94
<br />996.67
<br />Chamber Management
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />Small Equipment
<br />0.00
<br />84.00
<br />0.00
<br />0.00
<br />Out of Town Travel
<br />0.00
<br />417.00
<br />0100
<br />227.36
<br />Intown Auto/Exp Allowance
<br />200.00
<br />417.00
<br />200.00
<br />400.00
<br />Membership Dues/Sub.
<br />790.00
<br />1,800.00
<br />170.00
<br />945.00
<br />Bookkeeping
<br />618.83
<br />375.00
<br />372.50
<br />715.00
<br />Payroll Expenses
<br />6,465.28
<br />6,667.00
<br />9,452.40
<br />18,998.19
<br />Payroll Tax Expense
<br />520.40
<br />510.00
<br />717.95
<br />1,443.05
<br />Office Expense
<br />0.00
<br />334.00
<br />233.90
<br />253,64
<br />Communications
<br />0.00
<br />250.00
<br />256.19
<br />602.60
<br />Furniture & Fixtures
<br />0.00
<br />1,000.00
<br />0.00
<br />0.00
<br />Historical Museum
<br />0.00
<br />292.00
<br />0.00
<br />3,500.00
<br />Bank Service Charge
<br />7.46
<br />42.00
<br />229.63
<br />480.87
<br />Credit Card Fee
<br />285.62
<br />208.00
<br />0.00
<br />0.00
<br />Motel Tax Transferred to LCC
<br />94,238.13
<br />80,000.00
<br />78,130.47
<br />78,130.47
<br />Marketing/Advertising
<br />4,020.00
<br />5,334.00
<br />4,736.50
<br />23,053.70
<br />Event Expenses - Other
<br />0.00
<br />17.00
<br />0.00
<br />0.00
<br />Chaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />51.34
<br />Tour de Paris Exp
<br />851.65
<br />1,000.00
<br />0.00
<br />100.00
<br />Lamar Co Days in Austin Exp
<br />0.00
<br />0.00
<br />0.00
<br />(4,578.50)
<br />SDBA Boat Races
<br />507.90
<br />0.00
<br />0.00
<br />0.00
<br />Events Promotion / Funding
<br />763.82
<br />2,750.00
<br />1,500.00
<br />3,150.00
<br />Convention Promotion
<br />0.00
<br />0.00
<br />26.54
<br />2,526.54
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />7,000.00
<br />Eiffel Tower Lighting/Maint
<br />0.00
<br />0.00
<br />100.00
<br />100.00
<br />Membership Relations
<br />0.00
<br />0.00
<br />0.00
<br />16.24
<br />Rent to COC
<br />1000.00
<br />s 1,()00.00
<br />1,000.00„
<br />2,000.00
<br />Total Operating Expenses
<br />120,879.29
<br />114,081.00
<br />109,342.78
<br />153,684.40
<br />Operating Income (Loss)
<br />67,696.97
<br />45,919.00
<br />72,96 .65
<br />28 620.03
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.00
<br />167.00
<br />30.00
<br />1,032.03
<br />Trolley
<br />1,650.00
<br />417.00
<br />1,612.50
<br />1,612.50
<br />Souvenir Sales
<br />281.06
<br />1,000.00
<br />325.5D
<br />1,445.00
<br />Interest Income0.00
<br />12x.5.
<br />...................., m_......0.0()
<br />_............................ 0.00
<br />Total Other Income
<br />1,931.06
<br />1,596.50
<br />1,968.00
<br />4,089.53
<br />NOT -HOT EXPENSES
<br />Trolley Driver
<br />97.50
<br />167.00
<br />165.00
<br />397.50
<br />Trolley Expenses
<br />536.69
<br />500.00
<br />225.00
<br />320.45
<br />Trolley Insurance
<br />162.32
<br />175.00
<br />175.07
<br />352.30
<br />Souvenir Exp„
<br />...................�. 132.00
<br />41µw,7 . �_00 ._
<br />0.00
<br />273.00
<br />Total Not -Hot Expenses
<br />928.51
<br />1,259.00
<br />565.07
<br />1,343.25
<br />Net Income (Loss)
<br />$ 68,599.52
<br />$ 46,256.60
<br />$ 74,364.58
<br />$ 31,366.31
<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
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