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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 <br />