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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 August 31, 2019 and 2018 and 11 Months Ended August 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 in basis of
<br />accounting are omitted and no assurance is provided
<br />Month Ended
<br />Month Ended
<br />Month Ended
<br />11 Months Ended
<br />Aug 31, 2019
<br />Aug 31, 2019
<br />Aug 31, 2018
<br />Aug 31, 2018
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Catering
<br />0.00
<br />0.00
<br />0.00
<br />750.00
<br />Motel Tax
<br />94,920.18
<br />80,000.00
<br />91,231.84
<br />307,357.36
<br />R.V. Hook Up
<br />412.19
<br />833.00
<br />548.51
<br />6,494.02
<br />Misc Income
<br />25.00
<br />150.00
<br />300.00
<br />1,731.73
<br />Rent
<br />9,468.60
<br />7,917.00
<br />13,726.76
<br />122,823.63
<br />Refunded Deposits
<br />(1,590.00)
<br />(917.00)
<br />(2,000.00)
<br />(22,845.00)
<br />Booth Rental
<br />0.00
<br />0.00
<br />0.00
<br />400.00
<br />Tower Lighting
<br />0.00
<br />100.00
<br />0.00
<br />262.57
<br />Craft Expo Inc.
<br />0.00
<br />0.00
<br />0.00
<br />3,985.00
<br />Bicycle Rentals
<br />..... 344.47
<br />209.00
<br />1 313.83
<br />,093.11
<br />Total Revenue
<br />103,580.44
<br />88,292.00
<br />108,120.94
<br />425„052.42
<br />Operating Expenses
<br />Craft Expo
<br />0.00
<br />0.00
<br />0.00
<br />519.19
<br />Bank Service Charge
<br />78.55
<br />20.00
<br />11.20
<br />196.54
<br />Communications
<br />394.42
<br />459.00
<br />564.51
<br />4,556.72
<br />Office Expense
<br />48.41
<br />41.00
<br />83.96
<br />597.46
<br />Payroll Expenses
<br />7,706.47
<br />9,334.00
<br />9,260.25
<br />93,834.67
<br />Payroll Tax Expense
<br />584.63
<br />750.00
<br />704.02
<br />7,327.56
<br />Marketing/Advertising
<br />0.00
<br />250.00
<br />0.00
<br />1,577.50
<br />Professional 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 />0.00
<br />270.00
<br />488.33
<br />4,775.82
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />156.00
<br />Electricity
<br />3,474.38
<br />3,334.00
<br />3,763.61
<br />30,415.43
<br />Water
<br />175.19
<br />416.00
<br />4,483.61
<br />7,838.09
<br />Gas
<br />81.83
<br />375.00
<br />96.98
<br />4,654.59
<br />Trash Disposal
<br />405.21
<br />437.00
<br />405.21
<br />4,399.41
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />2,750.00
<br />Small Equipment
<br />0.00
<br />0.00
<br />59.53
<br />59.53
<br />Contracted Services
<br />0.00
<br />166.00
<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 Lighting/Maint
<br />125.00
<br />333.00
<br />675.00
<br />875.00
<br />Building MaintJSpls.
<br />1,819.34
<br />8,250.00
<br />1.911.65
<br />64,473.58
<br />Security
<br />58.95
<br />105.00
<br />123.95
<br />870.95
<br />Staff InsJRetirement
<br />521.05
<br />709.00
<br />510.83
<br />7,457.62
<br />Insurance ,
<br />0.00
<br />0.00
<br />0.00
<br />60.93
<br />Building Insurance
<br />0.00
<br />0.00
<br />0.00
<br />3,837.66
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />2,732.10
<br />Workers Comp. Insurance
<br />0.00
<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 />Misc Expenses
<br />0.00
<br />116.00
<br />88.60
<br />962.35
<br />Interest Expense
<br />1,233.39
<br />1,875.00
<br />1,713.63
<br />7,500.51
<br />Ground Maintenance
<br />1,253.00
<br />709.00
<br />582.50
<br />8,258.80
<br />Supplies
<br />0.00
<br />250.00
<br />1,166.71
<br />3,848.47
<br />Bicycles & Related Expenses
<br />55.21
<br />41.00
<br />1,061.67
<br />1,651.94
<br />Catering Exp
<br />0.00
<br />0.00
<br />0.00
<br />1,690.00
<br />Cleaning
<br />0.00
<br />833.00
<br />0.00
<br />0.00
<br />Training / Education
<br />�.. .... 0.000
<br />mmm....mmm... 0.00
<br />0.00
<br />125.00
<br />Total Operating Expenses
<br />181265.03
<br />29,334.00
<br />_
<br />2�.
<br />Operating Income (Loss)
<br />85„315.41
<br />58 958.00
<br />77 095.19
<br />135038.98
<br />Other Income
<br />Interest Income
<br />112.21
<br />8.00
<br />0.00
<br />_0.00
<br />Total Other Income112.21
<br />8.00
<br />0.00
<br />0.00
<br />Net Income (Loss)
<br />$ 85, 427.62
<br />$w 58,966.00
<br />77096.19
<br />$ 135 038.98
<br />m
<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 in basis of
<br />accounting are omitted and no assurance is provided
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