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Love Civic Center
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the Month Ended May 31, 2019 and 2018 and 8 Months Ended May 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 />8 Months Ended
<br />May 31, 2019
<br />May 31, 2018
<br />May 31, 2018
<br />May 31, 2018
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Catering
<br />0.00
<br />0.00
<br />250.00
<br />750.00
<br />Motel Tax
<br />68,282.36
<br />80,000.00
<br />73.944.63
<br />216,125.52
<br />R.V. Hook Up
<br />1,683.45
<br />833.00
<br />2,558.62
<br />5,603.32
<br />Misc Income
<br />0.00
<br />150.00
<br />0.00
<br />1,431.73
<br />Rent
<br />10,636.69
<br />7,917.00
<br />12,028.61
<br />95,891.48
<br />Refunded Deposits
<br />(400.00)
<br />(917.00)
<br />(1,900.00)
<br />(15,120.00)
<br />Booth Rental
<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 />1162.57
<br />Craft Expo Inc.
<br />1,035.01)
<br />2,ODD.00
<br />2,355.00
<br />2,355.00
<br />ICYRentals
<br />_.2.84
<br />..�..�,..
<br />�. 208111)
<br />154.05
<br />»..»,.......
<br />1.869.26
<br />�„.�_..__......
<br />Total Revenue
<br />82110.34
<br />90,191.00
<br />�a9,491.11m
<br />w w X09468 88
<br />Operating Expenses
<br />Craft Expo
<br />200.00
<br />250.00
<br />0.00
<br />94.94
<br />Bank Service Charge
<br />39.86
<br />21.00
<br />'9.33
<br />162.94
<br />Communications
<br />390.74
<br />458.00
<br />378.16
<br />3,378.33
<br />Office Expense
<br />36.88
<br />42.00
<br />58.37
<br />324.98
<br />Payroll Expenses
<br />7,224.74
<br />9,333.00
<br />8,273.56
<br />65,635.79
<br />Payroll Tax Expense
<br />547.02
<br />750.00
<br />633.96
<br />5,168.33
<br />Marketing / Advertising
<br />0.00
<br />250.00
<br />0.00
<br />1,577.50
<br />Professlonal Fees - Other
<br />0.00
<br />11.00
<br />0.00
<br />0.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />1,791.68
<br />Bookkeeping
<br />396.66
<br />271.00
<br />483.33
<br />3277.49
<br />Membership Dues/Sub
<br />0.00
<br />0.01)
<br />0.00
<br />, 156,00
<br />Electricity
<br />51.08
<br />3,333.00
<br />3,096.73
<br />20,304.66
<br />Water
<br />185.27
<br />417.00
<br />224.27
<br />2,484.01
<br />Gas
<br />1'87.04
<br />375.00
<br />87.56
<br />4,388.61
<br />Trash Disposal
<br />405.21
<br />437.00
<br />405.21
<br />3,189.78
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />21000.00
<br />ASA
<br />102.00
<br />0.00
<br />MOD
<br />0.00
<br />Contracted Services
<br />0.00
<br />167.00
<br />0.00
<br />0.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />.18,000.00
<br />Eiffel Tower Llghting/Maint
<br />0.00
<br />333.00
<br />0.00
<br />0.00
<br />Building MalntJSpls,
<br />1,870.08
<br />8,250.00
<br />5,785.43
<br />61,426.24
<br />Security
<br />58.95
<br />104.00
<br />68.95
<br />747.00
<br />Staff Ins./Retirement
<br />517.91
<br />708.00
<br />510.83
<br />5,794.36
<br />Building Insurance
<br />MOD
<br />0.00
<br />0.00
<br />3,837.66
<br />General Liability
<br />0.00
<br />400.00
<br />0.00
<br />2,732.10
<br />Workers Comp. Insurance
<br />O.OD
<br />0.00
<br />0.00
<br />983.00
<br />Directors & Officers
<br />0.00
<br />0.00
<br />0.00
<br />1,435.34
<br />Long Term Disability
<br />0.00
<br />150.0b
<br />0.00
<br />0.00
<br />Mise Expenses
<br />307.00
<br />117.00
<br />0.00
<br />846.69
<br />Interest Expense
<br />1,295.04
<br />1,875.00
<br />1,752.49
<br />5,786.88
<br />Ground Maintenance
<br />582.50
<br />708.00
<br />582.50
<br />5,550:00
<br />Supplies
<br />481.50
<br />250.00
<br />10.26
<br />2,383.98
<br />Bicycles & Related Expenses
<br />155.63
<br />42.00
<br />0.00
<br />237.05
<br />Catering Exp
<br />0.00
<br />0.00
<br />340.00
<br />1,690.00
<br />Cleaning
<br />595.00
<br />833.00
<br />0.00
<br />0.00
<br />Training / Education
<br />__. . 0.00._
<br />_.. 0.00
<br />0.00.
<br />125.00
<br />Total Operating Expenses
<br />_..._ _5,
<br />22„940.94
<br />225,484.56
<br />Operating Income (toss)
<br />66,250.23
<br />_ 60rO5fi 00
<br />66 550.17 A
<br />mm S3.984.32
<br />Other Income
<br />Interest Income
<br />178.988.01)
<br />w
<br />0 00
<br />0.00
<br />Total Other income
<br />178.98
<br />8.00
<br />0.00
<br />0.00
<br />Net Income (Loss) $
<br />66,429.21 $
<br />60,054.00 5
<br />66,55017 $
<br />,0 83,964 32
<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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