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Love Civic Center
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the 1 Month Ended November 30, 2019 and 2018 and 2 Months Ended November 30, 2018
<br />Financial statement preparation service provided by Malnory, McNeal 8t 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 />1 Month Ended
<br />1 Month Ended
<br />1 Month Ended
<br />2 Months Ended
<br />Nov 30, 2019
<br />Nov 30, 2019
<br />Nov 30, 2018
<br />Nov 30, 2018
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Motel Tax
<br />$ 112,769.38
<br />$ 110,000.00
<br />$ 94,238.13
<br />$ 94,238.13
<br />R.V. Hook Up
<br />31.69
<br />30.00
<br />315.00
<br />555.80
<br />Rent
<br />7,585.00
<br />7,000.00
<br />13,814.72
<br />20,338.86
<br />Refunded Deposits
<br />(850.0.0)
<br />(600.00)
<br />(1,700.00)
<br />(2,600.00)
<br />Bicycle Rentals
<br />207.62
<br />200.00
<br />219.62
<br />614.10
<br />Total Revenue__
<br />.69
<br />116,630.00
<br />106,887.47
<br />113,146.89
<br />Operating Expenses
<br />Bank Service Charge
<br />61.68
<br />42.00
<br />9.33
<br />16.79
<br />Communications
<br />389.66
<br />417.00
<br />315.76
<br />807.36
<br />Office Expense
<br />427.41
<br />400.00
<br />354.69
<br />354.69
<br />Payroll Expenses
<br />7,586.00
<br />8,333.00
<br />7,498.73
<br />14,823.47
<br />Payroll Tax Expense
<br />575.48
<br />667.00
<br />567.97
<br />1,122.65
<br />Marketing / Advertising
<br />0.00
<br />0.00
<br />200.00
<br />200.00
<br />Bookkeeping
<br />513.34
<br />500.00
<br />618.83
<br />992.17
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />156.00
<br />Electricity
<br />2,913.28
<br />3,333.00
<br />2.378.49
<br />5,596.45
<br />Water
<br />531.29
<br />417.00
<br />112.16
<br />1,368.40
<br />Gas
<br />334.27
<br />375.00
<br />139.64
<br />213.33
<br />Trash Disposal
<br />444.95
<br />438.00
<br />405.21
<br />810.42
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />500.00
<br />Small Equipment
<br />0.00
<br />0.00
<br />0.00
<br />556.84
<br />Contracted Services
<br />0.00
<br />0.00
<br />60.00
<br />120.00
<br />Chamber Management
<br />18,000.00
<br />18,000.00
<br />18,000.00
<br />18,000.00
<br />Building Malnt./Spls.
<br />6,822.11
<br />6,750.00
<br />3,512.20
<br />9,120.65
<br />Security
<br />58.95
<br />104.00
<br />58.95
<br />117.90
<br />Staff InsJRetirement
<br />372.08
<br />708.00
<br />532.91
<br />1,063.74
<br />Building Insurance
<br />0.00
<br />0.00
<br />4,277.09
<br />4,277.09
<br />General Liability
<br />3,067.05
<br />5,000.00
<br />0.00
<br />0.00
<br />Workers Comp. Insurance
<br />0.00
<br />0.00
<br />0.00
<br />707.34
<br />Misc Expenses
<br />359.35
<br />300.00
<br />137.56
<br />137.56
<br />Interest Expense
<br />0.00
<br />0.00
<br />1,609.89
<br />1,609.89
<br />Ground Maintenance
<br />582.50
<br />800.00
<br />1,165.00
<br />1,747.50
<br />Supplies
<br />0.00
<br />0.00
<br />682.84
<br />682.84
<br />Bicycles & Related Expenses
<br />0.00
<br />0.00
<br />0.00
<br />43.73
<br />Cleaning
<br />0.00
<br />0.00
<br />1,012.77
<br />1,012.77
<br />Total Operating Expenses
<br />43,289.40
<br />46,634.00
<br />43,900.02
<br />65,959 58
<br />Operating Income (Loss)
<br />76634.29
<br />69,996.00
<br />_ 62,987.45
<br />47,187.31
<br />Other Income
<br />Interest Income
<br />78.71
<br />29.00
<br />0.00
<br />0.00
<br />Total Other Income
<br />78.71
<br />29.00
<br />0.00
<br />0.00
<br />Net Income (Loss)
<br />$ 76,713.00
<br />$ 70,025.00
<br />$ 62 987.45
<br />$ 47,187.31
<br />Financial statement preparation service provided by Malnory, McNeal 8t 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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