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Love Civic Center
<br />Budget to Actual, Year -to -Date
<br />Modified Cash Basis
<br />For the 6 Months Ended March 31, 2019
<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 />6 Months Ended
<br />a Months Ended
<br />Mar 31, 2019
<br />Mar 31, 2019
<br />Variance -
<br />% of Budget Annual Budget
<br />Actual
<br />Budget
<br />REVENUE
<br />Catering
<br />$ 250.00
<br />$ 0.00
<br />$ 250.00
<br />0.00% $
<br />0.00
<br />Mote) Tax
<br />156,497.34
<br />160,000.00
<br />6,497.34
<br />0.00%
<br />32D,001).00
<br />R.V. Hook Up
<br />1,947.29
<br />5,002.00
<br />(3,054.71)
<br />38.93%
<br />10,000.00
<br />Mlsc Income
<br />0.00
<br />900.00
<br />(900.00)
<br />0.00%
<br />1,800.00
<br />Rent
<br />81,411.10
<br />47,498.00
<br />33,913.10
<br />171.40%
<br />95,000.00
<br />Refunded Deposits
<br />(7,700.00)
<br />(5,498.00)
<br />(2,202.00)
<br />140.05%
<br />(11,000.00)
<br />Booth Rental
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />400.00
<br />Tower Lighting
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />400.00
<br />Craft Expo Inc.
<br />885.00
<br />0.00
<br />885.00
<br />0.06%
<br />3,000.00
<br />Bicycle Rentals
<br />4
<br />_ 1,248.00
<br />......
<br />593.24
<br />147.54 %
<br />�2 600.00
<br />Total Revenue
<br />245,131.97
<br />209,150.00
<br />35,981.97
<br />117.20%
<br />422,100.00
<br />Gross Profit
<br />245,131.97
<br />209,150.00
<br />35,981.97
<br />117.20% _
<br />42222100.00
<br />OPERATING EXPENSES
<br />Craft Flo
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />250.00
<br />Bank Service Charge
<br />209.10
<br />126.00
<br />83.10
<br />165.95%
<br />250.00
<br />Communications
<br />2,126.81
<br />2,748.00
<br />(621.19)
<br />77.39%
<br />5,500.00
<br />Office Expense
<br />570.01
<br />252.00
<br />318.01
<br />226.19%
<br />500.00
<br />Payroll Expenses
<br />46,147.46
<br />55,998.00
<br />(9,850.54)
<br />82AI %
<br />112,000.00
<br />Payroll Tax Expense
<br />3,510.11
<br />4,500.00
<br />(989.89)
<br />78.00%
<br />9,000.00
<br />Marketing/Advertising
<br />400.00
<br />1,500.00
<br />(11100.00)
<br />26.67%
<br />3,000.00
<br />Professional Fees - Other
<br />0.00
<br />60.00
<br />(60.00)
<br />0.00%
<br />125.00
<br />Audit
<br />1,850.00
<br />1,800.00
<br />50.00
<br />0.00%
<br />1,800.00
<br />Bookkeeping
<br />2,878.85
<br />1,626.00
<br />1,252.85
<br />177.05%
<br />3,250.00
<br />Membership Dues/Sub
<br />156.00
<br />200.00
<br />(44.00)
<br />0.00%
<br />200.00
<br />Electricity
<br />13,896.22
<br />19,998.00
<br />(6,101.78)
<br />69.49%
<br />40,000.00
<br />Water
<br />2,269.18
<br />2,502.00
<br />(232.82)
<br />90.69 %
<br />5,000.00
<br />Gas
<br />3,459.72
<br />2,250.00
<br />1,209.72
<br />153.77%
<br />4,500.00
<br />Trash Disposal
<br />2,431.26
<br />2,628.00
<br />(196.74)
<br />92,51 %
<br />5,250.00
<br />Intown Auto Exp Allowance
<br />1,500.00
<br />11500.00
<br />0.00
<br />100.00%
<br />3,000.00
<br />Small Equipment
<br />556.84
<br />500.00
<br />56.84
<br />0.00%
<br />500.00
<br />Contracted Services
<br />180.00
<br />1,002.00
<br />(822.00)
<br />17.96%
<br />2,000.00
<br />Chamber Management
<br />18,000.00•
<br />18,000.00
<br />0.00
<br />0.00%
<br />18,000.00
<br />Eiffel Tower Lighting/Maint
<br />250.20
<br />2,002.00
<br />(1,751.80)
<br />12.50%
<br />4,000.00
<br />Building MaintJSpls.
<br />21,181.56
<br />49,500.00
<br />(28,318.44)
<br />42.79%
<br />99,000.00
<br />Security
<br />629.10
<br />624.00
<br />5.10
<br />100.82%
<br />1,250.00
<br />Staff Ins./Retirement
<br />4,186.06
<br />4,248.00
<br />(61.94)
<br />98.54%
<br />8,500.00
<br />Building Insurance
<br />4,277.09
<br />0.00
<br />4,277.09
<br />0.00%
<br />0.00
<br />General Liability
<br />2,880.15
<br />2,400.00
<br />480.15
<br />120.01%
<br />4,800.00
<br />Workers Comp. Insurance
<br />707.34
<br />1,400.00
<br />(692.66)
<br />0.00%
<br />1,400.00
<br />Directors & Officers
<br />1,435.34
<br />2,000.00
<br />(564.66)
<br />0.00%
<br />2,000.00
<br />Long Term Disability
<br />0.00
<br />900.00
<br />(900.00)
<br />0.00%
<br />1,800.00
<br />Misc Expenses
<br />371.33
<br />702.00
<br />(330.67)
<br />52.90%
<br />1,400.00
<br />Interest Expense
<br />3,072.23
<br />3,750.00
<br />(677.77)
<br />0.00%
<br />7,500.00
<br />Ground Maintenance
<br />4,077.50
<br />4,248.00
<br />(170.50)
<br />95.99%
<br />8,500.00
<br />Supplies
<br />1,867.13
<br />1,500.00
<br />367.13
<br />124.48%
<br />3,000.00
<br />Bicycles & Related Expenses
<br />51.55
<br />252.00
<br />(200.45)
<br />20A6 %
<br />500.00
<br />Capital Improvements
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />50,000.00
<br />Cleaning
<br />1,012.77
<br />5,002.003
<br />98�
<br />m......_ww20.25 %
<br />10 000.00
<br />TotatOperating Expenses
<br />146,140.91
<br />195,718.00
<br />(49,577.08
<br />74.67 %
<br />417,775.00
<br />Operating Income (Loss)
<br />96 991.06
<br />13,432.00
<br />85.558.06
<br />738.98 %
<br />4,326.00
<br />OTHER INCOME
<br />Interest Income
<br />160.83
<br />52.00
<br />108.83309.29-°%
<br />_
<br />100.00
<br />Total Other Income
<br />760.83
<br />52.00
<br />. �-
<br />708.83,
<br />_ 309.29 %
<br />100.00
<br />_..
<br />Nat Income (Loss)
<br />991 51.89
<br />13
<br />.r484.00
<br />te
<br />85,667.89
<br />73 5,33 °%
<br />�...�
<br />4,425.00
<br />y
<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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