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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 July 31, 2019 and 2018 and 10 Months Ended July 31, 2018
<br />Net Income (Loss) S ,_„ X99,367.72 8 (19,160.00) ....._......(75,146.80i S 57943.79
<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 />10 Months Ended
<br />Jul 31, 2019
<br />Jul 31, 2019
<br />Ju131. 2018
<br />Jul 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 />0.00
<br />0.00
<br />0.00
<br />216,125.52
<br />R.V. Hook Up
<br />414.51
<br />833.00
<br />342.19
<br />5,945.51
<br />Misc Income
<br />0.00
<br />150.00
<br />0.00
<br />1,431.73
<br />Rent
<br />2,801.22
<br />7,917.00
<br />4,425.47
<br />109,096.87
<br />Refunded Deposits
<br />(2,620.00)
<br />(917.00)
<br />(2,400.00)
<br />(20,845.00)
<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 />210.00
<br />0.00
<br />0.00
<br />3,985.00
<br />Bicycle Rentals
<br />_382.21
<br />209.00
<br />489.10
<br />2779-28
<br />Total Revenue
<br />1,187.94
<br />8 292.00
<br />2,856.76
<br />319,931.48
<br />Operating Expenses
<br />Craft Expo
<br />0.00
<br />0.00
<br />25.00
<br />519.19
<br />Bank Service Charge
<br />39.86
<br />21.00
<br />11.20
<br />185.34
<br />Communications
<br />500.63
<br />459.00
<br />324.88
<br />3,992.21
<br />Office Expense
<br />0.00
<br />41.00
<br />0.00
<br />513.50
<br />Payroll Expenses
<br />7,420.44
<br />9,334.00
<br />9,421.53
<br />84,554.42
<br />Payroll Tax Expense
<br />563.12
<br />750.00
<br />720.76
<br />6,623.54
<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 />448.33
<br />271.00
<br />520.00
<br />4,287.49
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />156.00
<br />Electricity
<br />6,420.20
<br />3,334.00
<br />3,164.30
<br />26,651.82
<br />Water
<br />165.27
<br />416.00
<br />626.96
<br />3,354.48
<br />Gas
<br />97.59
<br />375.00
<br />96.95
<br />4,557.61
<br />Trash Disposal
<br />405.21
<br />437.00
<br />405.21
<br />3,994.20
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />2,500.00
<br />Contracted Services
<br />0.00
<br />766.00
<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 />0.00
<br />333.00
<br />0.00
<br />0.00
<br />Building Maint./Spls.
<br />3,800.17
<br />8,250.00
<br />58.95
<br />62,561.93
<br />Security
<br />58.95
<br />104.00
<br />0.00
<br />747.00
<br />Staff Ins./Retirement
<br />516.05
<br />709.00
<br />156.68
<br />6,946.79
<br />Insurance
<br />0.00
<br />0.00
<br />60.93
<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 & Of ears
<br />0.00
<br />0.00
<br />0.00
<br />1,435.34
<br />Misc Expenses
<br />0.00
<br />116.00
<br />0.00
<br />873.75
<br />Interest Expense
<br />0.00
<br />0.00
<br />0.00
<br />5,786.88
<br />Ground Maintenance
<br />0.00
<br />709.00
<br />2,126.30
<br />7,676.30
<br />Supplies
<br />0.00
<br />250.00
<br />32.93
<br />2,681.76
<br />Bicycles & Related Expenses
<br />0.00
<br />41.00
<br />0.00
<br />590.27
<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 />0.00
<br />0.00,
<br />125.00
<br />Total
<br />Total Operating Expenses
<br />20,585.82
<br />_ 27,460.00
<br />18,002.56
<br />261,987.69
<br />Operating Income (Loss)
<br />(19,497.88)
<br />145.80
<br />57 943.79
<br />Other Income
<br />Interest Income
<br />130.16
<br />8.00
<br />0.00
<br />0.00
<br />Total Other Income
<br />130.16
<br />8.00
<br />0.00
<br />0.00
<br />Net Income (Loss) S ,_„ X99,367.72 8 (19,160.00) ....._......(75,146.80i S 57943.79
<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
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