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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 December 31, 2019 and 2018 and 3 Months Ended December 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 tax basis of
<br />accounting are omitted and no assurance is provided
<br />7 Month Ended
<br />1 Month Ended
<br />1 Month Ended
<br />3 Months Ended
<br />Dec 31, 2019
<br />Dec 31, 2019
<br />Dec 31, 2018
<br />Doc 31, 2018
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Motel Tax
<br />$ 0.00
<br />$ 0.00
<br />$ 0.00
<br />$ 94,238.13
<br />R.V. Hook Up
<br />283.06
<br />300.00
<br />0.00
<br />555.80
<br />Rent
<br />9,419.60
<br />91500.00
<br />14,566.70
<br />34,905.56
<br />Refunded Deposits
<br />(2,400.00)
<br />(2,000.00)
<br />(1,800.00)
<br />(4,400.00)
<br />Bicycle Rentals
<br />205.13
<br />200.00
<br />101.62
<br />715.72
<br />Total Revenue
<br />71607.79
<br />81000.00
<br />12,868.32
<br />126,015.21
<br />Operating Expenses
<br />Bank Service Charge
<br />164.41
<br />42.00
<br />38.86
<br />55.65
<br />Communications
<br />609.56
<br />'417.00
<br />380.75
<br />988.11
<br />Office Expense
<br />51.27
<br />50.00
<br />64.94
<br />419.63
<br />Payroll Expenses
<br />10,190.47
<br />8,333.00
<br />9,325.08
<br />24,148.55
<br />Payroll Tax Expense
<br />777.34
<br />667.00
<br />707.73
<br />1,830.38
<br />Marketing / Advertising
<br />0.00
<br />0.00
<br />0.00
<br />200.00
<br />Bookkeeping
<br />463.34
<br />500.00
<br />538.34
<br />1,530.51
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />156.00
<br />Electricity
<br />1,868.14
<br />3,333.00
<br />4,238.71
<br />9,835.16
<br />Water
<br />434.37
<br />417.00
<br />170.27
<br />1,538.67
<br />Gas
<br />463.17
<br />375.00
<br />976.86
<br />1,190.19
<br />Trash Disposal
<br />444.95
<br />438.00
<br />405.21
<br />1,215.63
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />750.00
<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 />0.00
<br />120.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />18,000.00
<br />Building MaIntJSpls.
<br />2,454.67
<br />2,500.00
<br />2,988.20
<br />12,108.85
<br />Security
<br />58.95
<br />104.00
<br />58.95
<br />176.85
<br />Staff InsJRetirement
<br />1,007.98
<br />708.00
<br />993.24
<br />2,056.98
<br />Building Insurance
<br />0.00
<br />0.00
<br />0.00
<br />4,277.09
<br />General Liability
<br />1,007.30
<br />1,000.00
<br />2,880.15
<br />2,880.15
<br />Workers Comp. Insurance
<br />664.00
<br />700.00
<br />0.00
<br />707.34
<br />Directors & Officers
<br />1,435.33
<br />2,000.00
<br />1,435.34
<br />1,435.34
<br />Misc Expenses
<br />99.66
<br />100.00
<br />150.00
<br />287.56
<br />Interest Expense
<br />0.00
<br />0.00
<br />0.00
<br />1,609.89
<br />Ground Maintenance
<br />582.50
<br />600.00
<br />582.50
<br />2,330.00
<br />Supplies
<br />0.00
<br />0.00
<br />456.50
<br />1,139.34
<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 />0.00,
<br />1,012.77
<br />Total Operating Expenses
<br />23,027.41
<br />22,534.00
<br />26,641.63
<br />92,601.21
<br />Operating Income (Loss)
<br />15 5� . 19.62)
<br />(14,534.00)
<br />13,773.311
<br />3,414.00
<br />Other Income
<br />Interest Income
<br />92.77
<br />29.00
<br />0.00
<br />0.00
<br />Total Other Income
<br />92.77
<br />29.00
<br />0.00
<br />0.00
<br />Net Income (Loss)
<br />$ 5 426.85
<br />$ (14,505.00)
<br />$ 13 773.31
<br />$ 33,414.00
<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 the income tax basis of
<br />accounting are omitted and no assurance is provided
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