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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 March 31, 2019 and 2018 and 6 Months Ended March 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 />Month Ended
<br />6 Months Ended
<br />Feb 28, 2019
<br />Mar 31i 2019
<br />Mar 31, 2018
<br />Mar 31, 2018
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel I Motel Occupancy Tax
<br />142,289.57
<br />$ 0.00
<br />$_____5,490.76
<br />$ 331 754.96
<br />Total Revenue
<br />142_7.89.57
<br />0.00
<br />5 490.76
<br />331754.96
<br />OPERATING EXPENSES
<br />Training I Education
<br />130.00
<br />167.00
<br />0.00
<br />716.51
<br />Postage
<br />11.54
<br />125.00
<br />48.12
<br />384.89
<br />Miac Expenses
<br />0.00
<br />208.00
<br />0:00
<br />748.89
<br />D & O Insurance
<br />0.00
<br />0.00
<br />0.00
<br />1,435.33
<br />Workers Comp
<br />0.00
<br />0.00
<br />0.00
<br />983.00
<br />Staff Ins./Retirement
<br />543.19
<br />833.00
<br />847.48
<br />4,542.63
<br />Meetings & Hosting
<br />19.67
<br />250.00
<br />0.00
<br />1,084.74
<br />Chamber Management
<br />10,000.00
<br />0.00
<br />0.00
<br />20,000.00
<br />Small Equipment
<br />0.00
<br />83.00
<br />0.00
<br />0.00
<br />Out of Town Travel
<br />89.31
<br />417.00
<br />593.77
<br />1,007.61
<br />Intown AutolExp Allowance
<br />200.00
<br />417.00
<br />20D.00
<br />1,200.00
<br />Membership Dues/Sub.
<br />0.00
<br />1,400.00
<br />725.00
<br />1,670.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />1,791.66
<br />Bookkeeping
<br />478.33
<br />375.00
<br />1,896.66
<br />6,957.08
<br />Payroll Expenses
<br />6,211.20
<br />6,667.00
<br />6,327.40
<br />51,234.64
<br />Payroll Tax Expense
<br />527.18
<br />510.00
<br />497.60
<br />4,111.52
<br />Office Expense
<br />0.00
<br />333.00
<br />717.82
<br />1,037.00
<br />Communications
<br />178.30
<br />250.01)
<br />212.08
<br />1,414.59
<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 />167.01
<br />1,263.28
<br />Credit Card Fee
<br />99.94
<br />208.00
<br />0.00
<br />0.00
<br />Motel Tax Transferred to LCC
<br />71,144.78
<br />0.00
<br />2,353.18
<br />142,160.69
<br />Marketing / Advertising
<br />9,793.82
<br />5,333.00
<br />11,257.02
<br />41,195.61
<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 />0.00
<br />0.00
<br />100.00
<br />468,91
<br />Uncle Jessie's Exp
<br />0.00
<br />500.00
<br />0.00
<br />0.00
<br />Lamar Co Days In Austin Exp
<br />0.00
<br />4,500.00
<br />0.00
<br />(4,578.50)
<br />ASA
<br />0.00
<br />0.00
<br />8,745.00
<br />8,745.00
<br />Events Promotion / Funding
<br />762.50
<br />2,750.00
<br />6,800.00
<br />15,027.51
<br />Convention Promotion
<br />0.00
<br />0.00
<br />0.00
<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 />0.00
<br />100.00
<br />Membership Relations
<br />0.00
<br />0.00
<br />0.00
<br />16.24
<br />Rent to COC,000
<br />..... .1 000.00
<br />_ 1000.00
<br />�1_._..._.00
<br />6,000.00
<br />Total Operating Expenses
<br />101,197.22
<br />26,677.00
<br />42,488.14
<br />323,816.71
<br />Operating Income (Loss)
<br />41.092.35
<br />(26,677.00)
<br />X36 997.38
<br />7„938.25
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.00
<br />167.00
<br />0.00
<br />1,032.03
<br />Trolley
<br />0.00
<br />417.00
<br />375.00
<br />4,462.50
<br />ASA Booth Rentals
<br />500.00
<br />0.00
<br />600.00
<br />800.00
<br />Tour de Paris Income
<br />1,000.00
<br />0.00
<br />3,650.00
<br />11,362.84
<br />Souvenir Sales
<br />313.94
<br />1,000.00
<br />773.69
<br />4,364.08
<br />Interest Income
<br />20.60
<br />12.50
<br />2.86
<br />2.96
<br />Total Other Income
<br />1 834.84
<br />1,696.60
<br />5,601.67
<br />22D24A1
<br />NOT -HOT EXPENSES
<br />Trolley Driver
<br />0.00
<br />167.00
<br />45.00
<br />997.50
<br />Trolley Expenses
<br />224.98
<br />500.00
<br />332.99
<br />1,074.01
<br />Trolley Insurance
<br />162.32
<br />175.00
<br />175.07
<br />1,052.58
<br />Souvenir Exp
<br />0.00.
<br />417.00
<br />24.00 ,
<br />1 540.50
<br />_
<br />Total Not -Hot Expenses
<br />387.30259.09.577.06
<br />4,664.59
<br />Net Income (Loss)
<br />$ 42 539.59
<br />$ 26L339.50$ 31 972.87 j
<br />1_._; 6�298.07
<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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