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Paris Visitor & Convention Council
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For Month Ended August 31, 2019 and 2018 and 11 Months Ended August 31, 2018
<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 />Actual
<br />REVENUE
<br />Hotel / Motel Occupancy Tax
<br />$ 189,840.36
<br />$ 160,000,00
<br />6..w_ 182 46�„-_3-68
<br />1. 602108.30
<br />Total Revenue
<br />189,840.36
<br />160,000.00
<br />182,463.68
<br />662,108.30
<br />OPERATING EXPENSES
<br />Paris Downtown Development Plan
<br />0.00
<br />0.00
<br />0.00
<br />10,000.00
<br />Training / Education
<br />0.00
<br />166.00
<br />0.00
<br />716.51
<br />Postage
<br />25.31
<br />125.00
<br />104.37
<br />900.15
<br />Misc Expenses
<br />0.00
<br />209.00
<br />77.96
<br />1,047.26
<br />D & 0 Insurance
<br />0.00
<br />0.00
<br />0.00
<br />1,435.33
<br />Worker's Comp
<br />0.00
<br />0.00
<br />0.00
<br />983.00
<br />Staff Ins./Retirement
<br />521.13
<br />833.00
<br />494.97
<br />7,435.18
<br />Meetings & Hosting
<br />500.00
<br />250.00
<br />0.00
<br />1,084.74
<br />Chamber Management
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />40,000.00
<br />Small Equipment
<br />0.00
<br />83.00
<br />386.24
<br />386.24
<br />Out of Town Travel
<br />214.73
<br />416.00
<br />0.00
<br />2,378.30
<br />Intown Auto/Exp Allowance
<br />200.00
<br />416.00
<br />200.00
<br />2,200.00
<br />Membership Dues/Sub.
<br />0.00
<br />800.00
<br />225.00
<br />1,895.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />1,791.66
<br />Bookkeeping
<br />0.00
<br />375.00
<br />488.33
<br />9,382.08
<br />Payroll Expenses
<br />6,465.28
<br />61666.00
<br />6,498.66
<br />83,607.17
<br />Payroll Tax Expense
<br />489.43
<br />510.00
<br />491.98
<br />6,572.53
<br />Office Expense
<br />41.49
<br />333.00
<br />0.00
<br />1,359.40
<br />Communications
<br />91.10
<br />250.00
<br />179.71
<br />2,272.62
<br />Historical Museum
<br />3,500.00
<br />0.00
<br />0.00
<br />3,500.00
<br />Bank Service Charge
<br />37.46
<br />41.00
<br />195.04
<br />2,052.72
<br />Credit Card Fee
<br />482.77
<br />209.00
<br />0.00
<br />0.00
<br />Motel Tax Transferred to LCC
<br />94,920.18
<br />80,000.00
<br />91,231.84
<br />307,357.36
<br />Marketing /Advertising
<br />10,248.16
<br />5,333.00
<br />6,401.71
<br />56,240.49
<br />Event Expenses - Other
<br />0.00
<br />16.00
<br />0.00
<br />0.00
<br />Chaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />51.34
<br />Tour de Paris Exp
<br />23,659.80
<br />10,000.00
<br />14,036.97
<br />25,418.35
<br />Uncle Jessie's Exp
<br />0.00
<br />0.00
<br />0.00
<br />1,114.10
<br />Lamar Co Days In Austin Exp
<br />0.00
<br />0.00
<br />0.00
<br />(4,578.50)
<br />ASA
<br />84.87
<br />0.00
<br />0.00
<br />28,421.23
<br />SDBA Boat Races
<br />0.00
<br />7,000.00
<br />7,500.00
<br />7,500.00
<br />Events Promotion / Funding
<br />4,450.00
<br />2,750.00
<br />4,774.13
<br />27,934.54
<br />Convention Promotion
<br />0.00
<br />0.00
<br />0.00
<br />2,526.54
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />7,000.00
<br />Eiffel Tower Lighting/Maint
<br />0.00
<br />0.00
<br />0.00
<br />126.25
<br />Membership Relations
<br />0.00
<br />0.00
<br />0.00
<br />16.24
<br />Rent to COC
<br />1,000.00_
<br />1,000.00
<br />1,000.00
<br />11 000.00
<br />Total Operating Expenses
<br />156,932.71
<br />127781.00
<br />144,286.91
<br />6�.
<br />Operating Income (Loss)
<br />32,907.65
<br />32,219.00
<br />38,176.77
<br />10,98OA7
<br />NOT -HOT INCOME
<br />Discounts & Allowances
<br />0.00
<br />166.00
<br />0.00
<br />1,089.08
<br />Trolley
<br />0.00
<br />416.00
<br />0.00
<br />4,968.55
<br />ASA Booth Rentals
<br />0.00
<br />0.00
<br />0.00
<br />800.00
<br />Tour de Paris Income
<br />9,029.48
<br />0.00
<br />8,900.00
<br />47,103:84
<br />Souvenir Sales
<br />318.70
<br />1,000.00
<br />574.92
<br />8,197.91
<br />Interest Income
<br />27.69
<br />12.50
<br />10.35
<br />32.12
<br />. Total Other Income
<br />1375.87
<br />11594.50
<br />9,485.27
<br />_ 62,191.50
<br />NOT -HOT EXPENSES
<br />Credit Card Fees
<br />0.00
<br />0.00
<br />133.71
<br />319.27
<br />Trolley Driver
<br />0.00
<br />166.00
<br />45.00
<br />1,185.00
<br />Trolley Expenses
<br />45.60
<br />500.00
<br />0.00
<br />1.684.78
<br />Trolley Insurance
<br />162.32
<br />175.00
<br />175.07
<br />1,927,93
<br />Souvenir Exp
<br />387.60
<br />a� 416.00
<br />�. 720.00
<br />�6 017.54
<br />Total Not -Hot Expenses
<br />595.42
<br />11257.00
<br />7,078.7
<br />,
<br />Net Income (Loss)
<br />$ 41 688.10
<br />$ 32,556.60
<br />$ 46,588.26
<br />$ 52,037.45
<br />Financial statement preparation service provided by Mainory, McNeal 8c 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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