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Love Civic Center
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the 7 Months Ended April 30, 2019 and 2018 and 7 Months Ended April 30, 2018
<br />Financial statement preparation service provided by Mainory, 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 />7 Months Ended
<br />7 Months Ended
<br />Month Ended
<br />7 Months Ended
<br />Apr 30, 2019
<br />Apr 30, 2019
<br />Apr 30, 2018
<br />Apr 30, 2018
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Catering
<br />250.00
<br />0.00
<br />250.00
<br />500.00
<br />Motel Tax
<br />166,497.34
<br />160,000.00
<br />0.00
<br />142,180.69
<br />R.V. Hook Up
<br />5,489.07
<br />51835.00
<br />368.41
<br />2,944.70
<br />Misc Income
<br />0.00
<br />1,050.00
<br />0.00
<br />1,431.73
<br />Rent
<br />84,014.04
<br />55,415.00
<br />6,966.50
<br />83,862.87
<br />Refunded. Deposits
<br />(7,700.00)
<br />(6,415.00)
<br />(1,340.00)
<br />(13,220.00)
<br />Booth Rental
<br />200.00
<br />400.00
<br />400.00
<br />400.00
<br />Tower Lighting
<br />0.00
<br />0.00
<br />0.00
<br />162.57
<br />Craft Expo Inc.
<br />1,555.00
<br />0.00
<br />0.00
<br />0.00
<br />Bicycle Rentals
<br />.._ .2.498.48
<br />_ 1,456.00 _..__..m„�..
<br />9500
<br />„1,715.21
<br />Total Revenue
<br />252803.93
<br />217,741.00�
<br />0,739.91
<br />..�219,977.77
<br />p
<br />Operating Expenses
<br />Craft Expo
<br />0.00
<br />0.00
<br />0.00
<br />94.94
<br />Bank Service Charge
<br />260.96
<br />147.00
<br />13,D7
<br />153.61
<br />Communications
<br />2,512.00
<br />3,206.00
<br />382.13
<br />3,000.17
<br />Office Expense
<br />570.01
<br />294.00
<br />31.67
<br />266.61
<br />Payroll Expenses
<br />53,375.33
<br />65,331.00
<br />8,376.15
<br />57,362.23
<br />Payroll Tax Expense
<br />4,054.01
<br />5,250.00
<br />642.49
<br />4,534.37
<br />Marketing/Advertising
<br />400.00
<br />1,750.00
<br />0.00
<br />1,577.50
<br />Professional Fees - Other
<br />0.00
<br />70.00
<br />0.00
<br />0.00
<br />Audit
<br />1,850.00
<br />1,800.00
<br />0.00
<br />1,791.68
<br />Bookkeeping
<br />3,162.18
<br />1,897.00
<br />343.33
<br />2,794.16
<br />Membership Dues/Sub
<br />156.00
<br />200.00
<br />0.00
<br />156.00
<br />Electricity
<br />18,009.00
<br />23,331.00
<br />2,616.21
<br />17,208.13
<br />Water
<br />2,434.45
<br />2,919.00
<br />388.96
<br />2,259.74
<br />Gas
<br />3,806.40
<br />2,625.00
<br />510.76
<br />4,281.05
<br />Trash Disposal
<br />2,836.47
<br />3,065.00
<br />405.21
<br />2,776.57
<br />Inlown Auto Exp Allowance
<br />1,750.00
<br />1,750.00
<br />250.00
<br />1,750.00
<br />Small Equipment
<br />556.84
<br />500.00
<br />0.00
<br />0.00
<br />Contracted Services
<br />180.00
<br />1,169.00
<br />0.00
<br />0.00
<br />Chamber Management
<br />18,000.00
<br />18,000.00
<br />0.00
<br />18,000.00
<br />Eiffel Tower LightinglMaint
<br />250.20
<br />2,335.00
<br />0.00
<br />0.00
<br />Building Maint.lSpls.
<br />25,386.58
<br />57,750.00
<br />11,324.47
<br />55,640.61
<br />Security
<br />1,112.05
<br />728.00
<br />58.95
<br />688.05
<br />Staff Ins./RoUrement
<br />4,703.97
<br />4.956.00
<br />903.08
<br />5,283.55
<br />Building Insurance
<br />4,277.09
<br />0.00
<br />3,837.66
<br />3,537.66
<br />General Liability
<br />2,880.15
<br />2,800.00
<br />0.00
<br />2,732.10
<br />Workers Comp. Insurance
<br />707.34
<br />1,400.00
<br />0.00
<br />983.00
<br />Directors & Officers
<br />1,435.34
<br />2,000.00
<br />0.00
<br />1,435.34
<br />Long Term Disability
<br />0.00
<br />1,050.00
<br />0.00
<br />0.00
<br />Mist; Expenses
<br />410.42
<br />819.00
<br />189.35
<br />846.69
<br />Interest Expense
<br />3,072.23
<br />3,750.00
<br />0.00
<br />4,034.39
<br />Ground Maintenance
<br />4,660.D0
<br />4,956.00
<br />1,682.50
<br />4,967.50
<br />Supplies
<br />1,867.13
<br />1,750.00
<br />471.25
<br />2,373.72
<br />Bicycles & Related Expenses
<br />51.55
<br />294.00
<br />121.66
<br />237.05
<br />Catering Exp
<br />0.00
<br />0.00
<br />0.00
<br />1,350.00
<br />Cleaning
<br />1,012.77
<br />5,835.00
<br />0.00
<br />0.D0
<br />Training 1 Education_.._..�...........�
<br />............�.............. 0.00
<br />0. 0
<br />..........................�.�.�.._...n....,_�����..00
<br />125.00
<br />Total Operating Expenses
<br />_ ....... 166 742.47
<br />223 727,00
<br />32,648.90
<br />2tb ii 3.
<br />Operating Income (Loss)
<br />87.061.465966.00
<br />23.808899)
<br />17,434.15
<br />Other Income
<br />Interest Income
<br />�...346.49
<br />-. ....................60...00.
<br />9.00
<br />0A0
<br />Total Other Income„p
<br />348,49
<br />60.00
<br />0.00
<br />... 00.
<br />0. _w
<br />_.._._. 00
<br />Net Income (Loss)
<br />$ 87,409.95
<br />$„ y,....�6 926 00 ;
<br />0123808"99)
<br />$ 17,434.15
<br />Financial statement preparation service provided by Mainory, 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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