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Paris Visitor & Convention Council
<br />Budget to Actual, Year to Date
<br />Modified Cash Basis
<br />For the 7 Months Ended April 30, 2019
<br />7 Months Ended
<br />7 Months Ended
<br />Apr 30, 2019
<br />Apr 30, 2019
<br />Variance % of Budget
<br />Annual Budget
<br />Actual
<br />Budget
<br />Revenue
<br />Hotel / Motel Occupancy Tax
<br />$ 332,994.69
<br />$ 320,000.00 $
<br />12,994.69
<br />104.06%
<br />$ 640,000.00
<br />ABBS Wage Reimburement
<br />1,632.55
<br />_ 0100
<br />1.632.66
<br />0,00,
<br />Total Revenue�
<br />334 627.26
<br />00
<br />320,000.-., , ��,
<br />746: 7jall
<br />�_._
<br />104,57 %
<br />.�.. 640x000.06
<br />Operating Expenses
<br />Utilities
<br />34.56
<br />0.00
<br />34.56
<br />0.00
<br />Training / Education
<br />130.00
<br />1,169.00
<br />(1,039.00)
<br />11.12%
<br />2,D00.00
<br />Postage
<br />435.77
<br />875.00
<br />(439.23)
<br />49,80%
<br />1,500.00
<br />Misc Expenses
<br />146.75
<br />1,456.00
<br />(1,309.25)
<br />10.08%
<br />2,500.00
<br />D & 0 Insurance
<br />0.00
<br />2,800.00
<br />(2,800.00)
<br />0,00%
<br />2,800.00
<br />Worker's Camp
<br />707,33
<br />2,000.06
<br />(1,292.67)
<br />36.37%
<br />2,000.00
<br />Staff tnsJRetirement
<br />4,404.79
<br />5,835.00
<br />(1,430.21)
<br />75.49%
<br />10,000.00
<br />Meetings & Hosting
<br />224.57
<br />1,750.00
<br />(1,525.43)
<br />12.83%
<br />3,000,00
<br />Chamber Management
<br />20,000,00
<br />20,000,00
<br />0.00
<br />100.00%
<br />40,000.00
<br />Small Equipment
<br />0.00
<br />585.00
<br />(565,00)
<br />0.00%
<br />1,000.00
<br />Out of Town Travel
<br />1,125.48
<br />2,919.D0
<br />(1,793.52)
<br />38.56%
<br />5,000.00
<br />Intown Auto/Exp Allowance
<br />1,400.00
<br />2,919.00
<br />(1,519.00)
<br />47.96%
<br />5,000.00
<br />Membership Dues/Sub.
<br />1,015.00
<br />3,2DO.00
<br />(2,185.00)
<br />31.72%
<br />4,000.00
<br />Audit
<br />1,850.00
<br />2,000.00
<br />(150.00)
<br />92.50%
<br />2,000.00
<br />Bookkeeping
<br />3,162.16
<br />2,62500
<br />537.16
<br />120.46%
<br />4,500.00
<br />Payroll Expenses
<br />48,172.06
<br />46,669.00
<br />(496,94)
<br />98.94%
<br />80,000.00
<br />Payroll Tax Expense
<br />3,675.80
<br />3,570,00
<br />105.80
<br />102,95%
<br />6,120.00
<br />Office Expense
<br />145.26
<br />2,335.OD
<br />(2,189.74)
<br />6.22%
<br />4,000:00
<br />Communications
<br />623.32
<br />1,750.00
<br />(1,126.68)
<br />35.62%
<br />3,000.00
<br />Furniture & Fixtures
<br />0.00
<br />1,000.00
<br />(1,000.00)
<br />0.00%
<br />1,000.00
<br />Historical Museum _
<br />0.00
<br />2,044.00
<br />(2,044.00)
<br />0.00%
<br />3,500.00
<br />Bank Service Charge
<br />491.70
<br />294.00
<br />197.70
<br />167.24%
<br />500.00
<br />Credit Card Fee
<br />738.98
<br />1,456.00
<br />(717.02)
<br />50.75%
<br />21500.00
<br />Motel Tax Transferred to LCC
<br />166,497.34
<br />160,000.00
<br />6,497.34
<br />104,05%
<br />320,000.00
<br />Marketing IAdvertising
<br />33,484.53
<br />37,335.00
<br />(3,850.47)
<br />89.69%
<br />64,000.00
<br />Event Expenses
<br />47.66
<br />119.00
<br />(71.34)
<br />40.05%
<br />200.00
<br />Chaparral Square Dancers
<br />1,541.18
<br />500.00
<br />1,041.18
<br />308.24 %
<br />500.00
<br />Tour de Paris Exp
<br />2,872.11
<br />2,500.00
<br />372.11
<br />114.88%
<br />32,500.00
<br />Uncle Jessie's Exp
<br />0.00
<br />500.00
<br />(500.00)
<br />0.00%
<br />500.00
<br />Lamar Co Days in Austin Exp
<br />0.00
<br />4,500.00
<br />(4,500.00)
<br />0.00%
<br />4,500.00
<br />ASA
<br />13,328.10
<br />13,500.00
<br />(171.90)
<br />98.73%
<br />27,000.00
<br />SDBA Boat Races
<br />507.90
<br />500.00
<br />7.90
<br />101.66%
<br />7,500.00
<br />Events Promotion I Funding
<br />17,898.02
<br />19,250,00
<br />(1,351.98)
<br />92.98%
<br />33,000.00
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />7,000.00
<br />Baseball Feld Lighting
<br />11,855.86
<br />13,333.00
<br />(1,477.14)
<br />88.92%
<br />13,333.00
<br />Pump Track
<br />0.00
<br />0.00
<br />0.00
<br />50,000.00
<br />Rent to CDC
<br />7_000.00,
<br />7,000.00,
<br />0.00
<br />100.00 %
<br />12p000.00
<br />Total Operating Expenses
<br />. 341,516.23368,288.00
<br />(26,771.77)
<br />92.73 °%
<br />757855 00
<br />Operating Income (Loss)
<br />6,888.98
<br />� dB,288.OD�
<br />41 398.02
<br />14.27%
<br />„ X117 963.00)
<br />NOT -HOT INCOME
<br />Discounts &Allowances
<br />1.36
<br />1,169.00
<br />(1,167.64)
<br />0.12%
<br />2,000.00
<br />Trolley
<br />1,800.00
<br />2,919.00
<br />(1,119.00)
<br />61.66%
<br />5,000.00
<br />ASA Booth Rentals
<br />500,00
<br />0.00
<br />500.00
<br />0.00
<br />Tour de Paris Income
<br />14,220.52
<br />O.DO
<br />14,220.52
<br />45.000.00
<br />Souvenir Sales
<br />2,055.20- 7,000.00
<br />(4,944.80)
<br />29.36%
<br />12,000.00
<br />Interest Income_._.
<br />142.91
<br />.._. _ ..m
<br />87.50
<br />55.41
<br />183.33 %
<br />15 .
<br />..,. .,.. ,...,,,,,,,,
<br />Total Not -Hot Income
<br />18„778.99
<br />11,175.50
<br />744
<br />,5.49
<br />167.51 °%
<br />6644 150000
<br />NOT-HOT EXPENSES
<br />Trolley Driver
<br />592.50
<br />1,169.00
<br />(576.50)
<br />50.68%
<br />2,000.00
<br />Trolley Expenses
<br />1,698.98
<br />3,500.00
<br />(1,801.02)
<br />48.54%
<br />6,000.00
<br />Trolley Insurance
<br />1,138.40
<br />1,225.00
<br />(86.60)
<br />92.93%
<br />2,100.00
<br />Souvenir Exp
<br />4,795.00
<br />2,919.00
<br />1,678.00
<br />164.27%
<br />5,000.00
<br />Mise NH Expense
<br />300.00
<br />0.00
<br />w „ 300.00
<br />0.00
<br />Total Not -Hot Expenses
<br />8,04.88
<br />8,813.00 _
<br />„ 488.12
<br />96-73%
<br />15,100,00
<br />Net Income (Loss)$wwwww
<br />w i 306,13
<br />S rvry„ry )d592b. $
<br />49,231.63
<br />(7.20%
<br />$ X68„90S.OD
<br />Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with
<br />professional standards issued
<br />by the .AICPA, substantially all disclosures ordinarily included in
<br />financial statements prepared in accordance with the income tax basis of
<br />accounting are omitted and no assurance
<br />is provided
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