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Paris Visitor & Convention Council
<br />Budget to Actual, Year to Date
<br />Modified Cash Basis
<br />For the Month Ended May 31, 2019
<br />Financial statement preparation service provided by MalnoM 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 Ux bash of
<br />accounting are omitted and no assurance is provided
<br />Month Ended
<br />Month Ended
<br />May 31, 2019
<br />May 31, 2019
<br />Variance
<br />% of Budget
<br />Annual Budget
<br />Actual
<br />Budget
<br />Revenue
<br />Hotel /Mote( Occupancy Tax
<br />) 136 524 721SPAD.OD
<br />$ (23.475.28)
<br />85.39 %
<br />._. „m 840 0O�.OD
<br />Total Revenuei36�62a.72
<br />1600.00
<br />(Z3.476 281
<br />86 3E 76
<br />540 LOq.00
<br />Operaling Expenses
<br />Training l Education
<br />0.00
<br />167.00
<br />(167.00)
<br />0.00%
<br />2,000.00
<br />Postage
<br />48.30
<br />125.00
<br />(76.70)
<br />3844 %
<br />1,500.00
<br />Misc Expenses
<br />134.75
<br />208.00
<br />(73.25)
<br />64.78%
<br />2,500.00
<br />D & O Insurance
<br />0.00
<br />0.00
<br />0.00
<br />2,800.00
<br />Workers Comp
<br />O.DD
<br />0.00
<br />0.002,WO.OD
<br />Staff InsJRetlrement
<br />473.66
<br />633.00
<br />(359.12)
<br />56.69 %
<br />10,000.00
<br />Meetings & Hosting
<br />138.60
<br />250.00
<br />(111.411)
<br />55.44%
<br />3,000.00
<br />Chamber Management
<br />10,000.00
<br />10,000.00
<br />0.00
<br />100.00%
<br />40,000.00
<br />Small Equipment
<br />0.00
<br />83.00
<br />(83.00)
<br />0.00%
<br />1.000.00
<br />Out of Town Travel
<br />0.00
<br />417.00
<br />(417.OD)
<br />0.00 %
<br />5,DDD.00
<br />lntoxm Auto/Exp Allowance
<br />200.00
<br />417.00
<br />(217.00)
<br />47.90%
<br />5,000.00
<br />Membership Dues/Sub.
<br />0.00
<br />0.00
<br />0.00
<br />4,000.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />2,0DO.00
<br />Bookkeeping
<br />396.66
<br />375.00
<br />21.66
<br />105.78%
<br />4,500.00
<br />Payroll Expenses
<br />6,592.32
<br />61867.00
<br />(14.68)
<br />98.88%
<br />80.0D0.0D
<br />Payroll Tax Expense
<br />499.15
<br />610.00
<br />(10.86)
<br />97.87%
<br />6,120.00
<br />Oftloe Expense
<br />0.00
<br />333.00
<br />(333.00)
<br />0.00%
<br />4,000.00
<br />Communications
<br />89.09
<br />250.00
<br />(160.91)
<br />3S.64%
<br />3,000.00
<br />Furniture &-Fixtures
<br />0.00
<br />0.00
<br />0.00
<br />1,000.00
<br />Historical Museum
<br />0.00
<br />292.00
<br />(292.00)
<br />0.00%
<br />3,600.00
<br />Bank Service Charge
<br />7.46
<br />42.00
<br />(34.54)
<br />17.76%
<br />500.00
<br />Credit Card Fee
<br />98.46
<br />208.00
<br />(111.54)
<br />46.36%
<br />2,500.00
<br />Motel Tax Transferred to LCC
<br />68,262.36
<br />80,000.00
<br />(11,737.64)
<br />85.33%
<br />320.000.00
<br />Marketing/Advertising
<br />866.67
<br />5,333.00
<br />(4,464.13)
<br />15.29%
<br />64,000.00
<br />Event Expenses
<br />0.00
<br />17.00
<br />(17.00)
<br />0.00 %
<br />200.00
<br />Chaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />500.00
<br />Tour de Paris Exp
<br />0.00
<br />0.00
<br />0.00
<br />32,500.00
<br />Undo Jessie's Exp
<br />0.D0
<br />0.00
<br />0.00
<br />500.00
<br />Lamar Co Days in Austin Exp
<br />0.00
<br />0.00
<br />0.00
<br />4,500.00
<br />ASA
<br />28,940.38
<br />20,000.00
<br />8,940.36
<br />144.70 %
<br />27.00D.00
<br />SDBA Boal Races
<br />0.00
<br />040
<br />0.00
<br />7,5DO.00
<br />Wings Over Paris Exp
<br />(2,500.00)
<br />0.00
<br />(2,600.00)
<br />0.00
<br />Events Promotion / Funding
<br />2,212.00
<br />2,750.00
<br />(538.00)
<br />80.44%
<br />33,000.00
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />7,000.00
<br />Baseball Flefd Lighting
<br />0.00
<br />0.00
<br />0.00
<br />13,333.00
<br />Pump Trade
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />50,000.00
<br />Rent to COC
<br />1,000.00
<br />1000.00
<br />_... 0.00
<br />100,00% _
<br />._.._ 12 000.0
<br />Total Operating Expenses
<br />117 60.28
<br />130„277.00
<br />(12 816.72p
<br />90.19 % 787,963.00
<br />Operating Income (Loss)79
<br />064.04
<br />29 M3.00
<br />_ Ot66B 564
<br />64.14% (1171963.00)
<br />NOT -NOT INCOME
<br />Discounts & Allowances
<br />0.00
<br />167.00
<br />(167.01))
<br />0.00%
<br />2,000.00
<br />Trolley
<br />0.00
<br />417.00
<br />(417.00)
<br />0.00%
<br />5,000.00
<br />Tour de Paris Income
<br />935.D0
<br />O.DO
<br />935.00
<br />0.00%
<br />45,W0.00
<br />Souvenir Sales
<br />1,785.40
<br />110DD.00
<br />785.40
<br />178.64%
<br />12.000.00
<br />Interest Income
<br />.. . 25.40
<br />12.50
<br />12.90
<br />203.20%
<br />_. 150.00
<br />Total Not -Hot income
<br />? 745.80
<br />X696.811
<br />t ,749.30
<br />171"%
<br />64150.00
<br />NOT -HOT EXPENSES
<br />Trolley Driver
<br />0.00
<br />167.00
<br />(167.00)
<br />0.00%
<br />2,000.00
<br />Tmley Expenses
<br />18.50
<br />500.00
<br />(461.50)
<br />3,70%
<br />8.000.00
<br />Trolley Insurance
<br />162.32
<br />176.00
<br />(12.68)
<br />92.75%
<br />2,100.00
<br />Souvenir Exp
<br />207.00
<br />417.00
<br />(210.00)
<br />49.64%
<br />51000.00
<br />Misc NH Expense
<br />74 9385
<br />000
<br />7 493.6
<br />.. b a ,.. 5
<br />0.00 %
<br />0.00
<br />Total Not -Hot Expenses
<br />70881.47
<br />_ 11269.00
<br />6 br„ 22A7
<br />826.01%
<br />1611.00
<br />Net income (Loss)
<br />S 1348x8.77 3
<br />90060.60 8 (16,131.73)
<br />46.34 % 8 (68,903.00)
<br />Financial statement preparation service provided by MalnoM 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 Ux bash of
<br />accounting are omitted and no assurance is provided
<br />
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