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Love Civic Center
<br />Budget to Actual, Year -to -Date
<br />Modified Cash Basis
<br />For the Month Ended October 31, 2019
<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 fhe income tax basis of
<br />accounting are omitted and no assurance is provided
<br />Month Ended
<br />Month Ended
<br />Oct 31, 2019
<br />Oct 31, 2019
<br />Variance
<br />% of Budget
<br />Annual Budget
<br />Actual
<br />Budaet
<br />REVENUE
<br />Catering
<br />$ 0.00
<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 />0.00%
<br />325,000.00
<br />R.V. Hook Up
<br />1,178.52
<br />1,000.00
<br />178.52
<br />117.85%
<br />10,000.00
<br />Misc Income
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,800.00
<br />Rent
<br />8,945.71
<br />91000.00
<br />(54.29)
<br />99.40%
<br />100,000.00
<br />Refunded Deposits
<br />(200.00)
<br />(200.00)
<br />0.00
<br />100.00%
<br />(11,000.00)
<br />Booth Rental
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />400.00
<br />Tower Lighting
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />500.00
<br />Craft Expo Inc.
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,000.00
<br />Bicycle Rentals
<br />371.19.
<br />375.00 ,
<br />3.81
<br />98.98 %
<br />�4„mmm000.00
<br />Total Revenue
<br />10,296.42
<br />10,176.00
<br />120.42
<br />101.18%
<br />434.„450.00
<br />Gross Profit
<br />10295.4210,176.00
<br />120.42
<br />101.18%
<br />434,450.00
<br />OPERATING EXPENSES
<br />Bank Service Charge
<br />63.55
<br />42.00
<br />21.55
<br />151.31 %
<br />500.00
<br />Communications
<br />335.72
<br />417.00
<br />(81.28)
<br />80.51 %
<br />5,000.00
<br />Office Expense
<br />109.55
<br />100.00
<br />9.55
<br />109.55%
<br />600.00
<br />Payroll Expenses
<br />7,694.39
<br />8,333.00
<br />(638.61)
<br />92.34%
<br />100,000.00
<br />Payroll Tax Expense
<br />584.40
<br />667.00
<br />(82.60)
<br />87.62%
<br />8,000.00
<br />Marketing / Advertising
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,000.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,200.00
<br />Bookkeeping
<br />425.00
<br />500.00
<br />(75.00)
<br />85.00%
<br />6,000.00
<br />Membership Dues/Sub
<br />156.00
<br />200.00
<br />(44.00)
<br />78.00%
<br />200.00
<br />Electricity
<br />3,268.98
<br />3,333.00
<br />(64.02)
<br />98.08%
<br />40,000.00
<br />Water
<br />313.81
<br />417.00
<br />(103.19)
<br />75.25%
<br />5,000.00
<br />Gas
<br />185.71
<br />375.00
<br />(189.29)
<br />49.52%
<br />4,500.00
<br />Trash Disposal
<br />889.90
<br />438.00
<br />451.90
<br />203.17%
<br />5,250.00
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />0.00
<br />100.00%
<br />3,000.00
<br />Small Equipment
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,000.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />18,000.00
<br />Eiffel Tower Lighting/Maint
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Building MainL/Spls.
<br />413.64
<br />450.00
<br />(36.36)
<br />91.92%
<br />99,000.00
<br />Security
<br />58.95
<br />104.00
<br />(45.05)
<br />56.68%
<br />1,250.00
<br />Staff Ins./Retirement
<br />521.05
<br />708.00
<br />(186.95)
<br />73.59%
<br />81500.00
<br />Building Insurance
<br />4.521.23
<br />51000.00
<br />(478.77)
<br />0.00%
<br />51000.00
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,000.00
<br />Workers Comp. Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,400.00
<br />Directors & Officers
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Long Term Disability
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />210.00
<br />Misc Expenses
<br />299.28
<br />300.00
<br />(0.72)
<br />99.76%
<br />1,400.00
<br />Interest Expense
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />7,500.00
<br />Ground Maintenance
<br />2,068.29
<br />2,000.00
<br />68.29
<br />103.41 %
<br />8,500.00
<br />Supplies
<br />130.00
<br />150.00
<br />(20.00)
<br />86.67%
<br />31000,00
<br />Bicycles & Related Expenses
<br />6.92
<br />10.00
<br />(3.08)
<br />69.20%
<br />1,500.00
<br />Catering Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,700.00
<br />Capital Improvements
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />50,000.00
<br />Cleaning
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />10 000.00
<br />Total Operating Expenses
<br />22,296.37
<br />23,794.00
<br />____111497.63
<br />93.71%
<br />410,210.00
<br />Operating Income Loss
<br />g (Loss)
<br />.72,000.95
<br />13,618.00
<br />7 618.05,
<br />88.12%
<br />24,240.00
<br />OTHER INCOME
<br />Interest Income
<br />84.69
<br />29.00
<br />_ _ 55.69w_
<br />292.03%
<br />350.00
<br />Total Other Income
<br />84.69
<br />29.00
<br />66.69
<br />292.03 %
<br />350.00
<br />Net Income (Loss)
<br />-J11916726)_
<br />fl3�590.ffi
<br />1 673.74
<br />7.68%
<br />24 590.00
<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 fhe income tax basis of
<br />accounting are omitted and no assurance is provided
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