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Paris Visitor & Convention Council
<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 the 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 Annual Budget
<br />Actual
<br />Budget
<br />Revenue
<br />Hotel / Motel Occupancy Tax
<br />0.00
<br />$ 0.00
<br />0.00% $$
<br />6500013-00
<br />Total Revenueo.00
<br />0.00
<br />0.00
<br />0.00% ---
<br />650 00-00
<br />Operating Expenses
<br />Postage
<br />49.84
<br />50.00
<br />(0.16)
<br />99.68%
<br />1,000.00
<br />Misc Expenses
<br />7.66
<br />10.00
<br />(2.34)
<br />76.60%
<br />2,500.00
<br />D & 0 Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,500.00
<br />Worker's Comp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Staff Ins./Retirement
<br />508.42
<br />708.00
<br />(199.58)
<br />71.81 %
<br />8,500.00
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />600.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />40,000.00
<br />Out of Town Travel
<br />12.94
<br />25.00
<br />(12.06)
<br />51.76%
<br />2,000.00
<br />Intown Auto/Exp Allowance
<br />200.00
<br />225.00
<br />(25.00)
<br />88.89%
<br />2,700.00
<br />Membership Dues/Sub.
<br />775.00
<br />800.00
<br />(25.00)
<br />96.88%
<br />5,500.00
<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 />Payroll Expenses
<br />6,790.76
<br />6,835.00
<br />(44.24)
<br />99.35%
<br />82,025.00
<br />Payroll Tax Expense
<br />514.33
<br />538.00
<br />(23.67)
<br />95.60%
<br />6,450.00
<br />Office Expense
<br />90.06
<br />100.00
<br />(9.94)
<br />90.06 %
<br />2,000.00
<br />Communications
<br />127.37
<br />167.00
<br />(39.63)
<br />76.27%
<br />2,000.00
<br />Historical Museum
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,500.00
<br />Bank Service Charge
<br />7.46
<br />10.00
<br />(2.54)
<br />74.613 %
<br />1,000.00
<br />Credit Card Fee
<br />85.41
<br />85.00
<br />0.41
<br />100.48%
<br />2,000.00
<br />Motel Tax Transferred to LCC
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />325,000.00
<br />Marketing/Advertising
<br />61843.41
<br />7,000.00
<br />(156.59)
<br />97.76%
<br />65,000.00
<br />Chaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,100.00
<br />Tour de Paris tarp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />30,000.00
<br />ASA
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />27,000.00
<br />SDBA Boat Races
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />7,500.00
<br />Events Promotion / Funding
<br />6,615.00
<br />7,000.00
<br />(385.00)
<br />94.50%
<br />39,000.00
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />7,000.00
<br />Baseball Field Lighting
<br />11,855.86
<br />11,855.86
<br />0.00
<br />100.00%
<br />11,855.86
<br />Rent to COC
<br />1,000.00
<br />1„000.00
<br />0.00
<br />100.00 %
<br />12,000.00
<br />Total Operating Expenses
<br />35,908.52
<br />36,908.86_11
<br />000.34
<br />97.29%
<br />699930.86
<br />Operating Income (Loss)
<br />__M,908.62 3 5,908..??}
<br />X36,908.86)
<br />1,000.34
<br />97.29% 49,930.86
<br />NOT -HOT INCOME
<br />Misc Income
<br />1.53
<br />2.00
<br />(0.47)
<br />76.50%
<br />1,000.00
<br />Trolley / Historical
<br />550.00
<br />500.00
<br />50.00
<br />110.00%
<br />5,000.00
<br />Tour de Paris Income
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />49,000.00
<br />Souvenir Sales
<br />1,145.27
<br />834.00
<br />311.27
<br />137.32%
<br />10,000.00
<br />Interest Income
<br />26.22
<br />13.00
<br />13.22
<br />201.69%
<br />150.00
<br />Total Not Hot Income_1
<br />723.02
<br />1,349.00
<br />374.02
<br />127.73%
<br />65,150.00
<br />NOT -HOT EXPENSES
<br />Trolley Driver
<br />180.00
<br />200.00
<br />(20.00)
<br />90.00 °%
<br />1,800.00
<br />Trolley Expenses
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />6,000.00
<br />Trolley Insurance
<br />179.98
<br />175.00
<br />4.98
<br />102.86%
<br />2,100.00
<br />Souvenir Exp1-2.461
<br />787.54
<br />_mm 800.00
<br />98.44 %
<br />5u000.00
<br />Total Not -Hot Expenses
<br />1,147.52
<br />1,175.00_(27.48)
<br />97.66 %
<br />14,900.00
<br />Net Income (Loss)
<br />$" 135,333.02
<br />$36„,734.88
<br />$ 1 401.84
<br />6.18% $
<br />319.14
<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 />
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