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Paris Visitor & Convention Council
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For 1 Month Ended February 29, 2020 and 2019 and 5 Months Ended February 28, 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 />1 Month Ended
<br />1 Month Ended
<br />1 Month Ended
<br />5 Months Ended
<br />Feb 29, 2020
<br />Feb 29, 2020
<br />Feb 28, 2019
<br />Feb 28, 2019
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel / Motel Occupancy Tax
<br />$ 104,359.72
<br />$ 162,500.00
<br />$. 142,269.57
<br />$ 330,765.83
<br />Hot Money Interest
<br />- __ 0.00
<br />0.00
<br />2.53
<br />2.53,
<br />Total Revenue142,292.10
<br />1oa,s59.72
<br />62,
<br />330 768-36
<br />OPERATING EXPENSES
<br />Training / Education
<br />0.00
<br />0.00
<br />130.00
<br />130.00
<br />Postage
<br />90.82
<br />100.00
<br />11.54
<br />289.04
<br />Misc Expenses
<br />58.96
<br />100.00
<br />0.00
<br />70.99
<br />D & 0 Insurance
<br />0.00
<br />0.00
<br />0.00
<br />1,435.33
<br />Workers Comp
<br />0.00
<br />0.00
<br />0.00
<br />707.33
<br />Staff Ins.lRetirement
<br />531.05
<br />708.00
<br />543.19
<br />3,031.08
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />19.67
<br />224.57
<br />Chamber Management
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />20,000.00
<br />Out of Town Travel
<br />110.09
<br />150.00
<br />89.31
<br />359.21
<br />Intown AutolExp Allowance
<br />200.00
<br />225.00
<br />200.00
<br />1,000.00
<br />Membership Dues/Sub.
<br />0.00
<br />0.00
<br />0.00
<br />790.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />1,850.00
<br />Bookkeeping
<br />465.00
<br />500.00
<br />478.33
<br />2,533.82
<br />Payroll Expenses
<br />6,398.12
<br />6,835.00
<br />6,211.20
<br />33,479.70
<br />ABBS Wage Reimburement
<br />0.00
<br />0.00
<br />0.00
<br />(1,632.56)
<br />Payroll Tax Expense
<br />535.36
<br />538.00
<br />527.18
<br />2,686.43
<br />Office dense
<br />324.19
<br />145.00
<br />0.00
<br />145.26
<br />Communications
<br />0.00
<br />167.00
<br />178.30
<br />356.58
<br />Bank Service Charge
<br />7.46
<br />120.00
<br />7.46
<br />37.30
<br />Credit Card Fee
<br />125.51
<br />166.50
<br />99.94
<br />736.00
<br />Motel Tax Transferred to LCC
<br />52,179.86
<br />72,000.00
<br />71,144.78
<br />165,382,91
<br />Marketing / Advertising
<br />3,493.87
<br />3,500.00
<br />9,643.82
<br />24,523.61
<br />Event Expenses - Other
<br />0.00
<br />0.00
<br />0.00
<br />47.66
<br />Chaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />1,541.18
<br />Tour de Paris Exp
<br />1,079.08
<br />1,000.00
<br />150.00
<br />1,032.76
<br />ASA
<br />208.00
<br />200.00
<br />0.00
<br />0.00
<br />SDBA Boat Races
<br />0.00
<br />0.00
<br />0.00
<br />507.90
<br />Events Promotion / Funding
<br />1,112.50
<br />1,200.00
<br />762.50
<br />9,988.02
<br />Baseball Field Lighting
<br />0.00
<br />0.00
<br />0.00
<br />11,855.86
<br />Rent to COC
<br />1000.00
<br />... ..000.
<br />.�._......._____5,000.00
<br />Total Operating Expenses
<br />77,919.87
<br />_ 98„654.50
<br />101,197.22
<br />X09.98
<br />Operating Income (Loss)
<br />26,439.86
<br />63,845.50
<br />41,094.88„
<br />____42,658-38
<br />NOT -HOT INCOME
<br />Discounts & Allowances
<br />94.00
<br />60.00
<br />0.00
<br />1.16
<br />Trolley / Historical
<br />450.00
<br />400.00
<br />0.00
<br />1,800.00
<br />ASA Booth Rentals
<br />0.00
<br />0.00
<br />500.00
<br />500.00
<br />Tour de Parts Income
<br />100.00
<br />100.00
<br />1,000.00
<br />8,837.64
<br />Souvenir Sales
<br />1,218.17
<br />833.00
<br />313.94
<br />1,469.32
<br />Interest Income
<br />- 24.79
<br />_ 13.00
<br />r mm mm 18.07
<br />83.70
<br />Total Other Income
<br />--1--886-96 _u1,886.96
<br />1408.00
<br />�
<br />....1.,832.01
<br />12,691.82
<br />re .�.
<br />NOT -HOT EXPENSES
<br />Trolley Driver
<br />190.00
<br />200.00
<br />0.00
<br />592.50
<br />Trolley Expenses
<br />245.00
<br />300.00
<br />224.98
<br />1,470.73
<br />Trolley Insurance
<br />175.82
<br />175.00
<br />162.32
<br />813.76
<br />Souvenir Exp
<br />550.00
<br />500.00
<br />0.00
<br />2,641.00
<br />Mist NH Expense
<br />0.00
<br />0.00
<br />0.00
<br />166.07
<br />Total Not -Hot Expenses
<br />1,160-8211175.60
<br />_99
<br />387.30
<br />5,684.06
<br />Met Income (Loss)
<br />$ 27185.99
<br />64,076.80_
<br />$ 42W639.59
<br />..
<br />$ 49 666.14
<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
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