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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 January 31, 2020 and 2019 and 4 Months Ended January 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 />1 Month Ended
<br />1 Month Ended
<br />1 Month Ended
<br />4 Months Ended
<br />Jan 31, 2020
<br />Jan 31, 2020
<br />Jan 31, 2019
<br />Jan 31, 2019
<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 />140.00
<br />150.00
<br />337.13
<br />892.93
<br />Rent
<br />16,099.87
<br />18,000.00
<br />12,612.89
<br />47,518.45
<br />Refunded Deposits
<br />(2,200.00)
<br />(2,000.00)
<br />(300.00)
<br />(4,700.00)
<br />Bicycle Rentals
<br />185.93
<br />200.00
<br />201.97
<br />917.69
<br />Total Revenue
<br />14,226.80
<br />14,360.00
<br />12,851.99
<br />138fl667.20
<br />Operating Expenses
<br />Bank Service Charge
<br />61.72
<br />42.00
<br />73.86
<br />129.51
<br />Communications
<br />310.43
<br />417.00
<br />385.62
<br />1,373.73
<br />Office Expense
<br />0.00
<br />0.00
<br />0.00
<br />419.63
<br />Payroll Expenses
<br />7,633.51
<br />8,333.00
<br />7,274.48
<br />31,423.03
<br />Payroll Tax Expense
<br />595.25
<br />667.00
<br />566.22
<br />2,396.60
<br />Marketing / Advertising
<br />0.00
<br />0.00
<br />0.00
<br />200.00
<br />Audit
<br />0.00
<br />0.00
<br />1,850.00
<br />11850.00
<br />Bookkeeping
<br />350.00
<br />500.00
<br />525.00
<br />2,055.51
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />156.00
<br />Electricity
<br />2,327.38
<br />3,333.00
<br />8.98
<br />9,844.14
<br />Water
<br />171.92
<br />417.00
<br />390.19
<br />1,928.86
<br />Gas
<br />651.51
<br />375.00
<br />611.38
<br />1,801.57
<br />Trash Disposal
<br />689.95
<br />438.00
<br />405.21
<br />1,620.84
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />1,000.00
<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 />180.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />18,000.00
<br />Building MaIntJSpls.
<br />3,058.97
<br />3,000.00
<br />2,876.61
<br />14,985,46
<br />Security
<br />58.95
<br />104.00
<br />58.95
<br />235.80
<br />Staff InsJRetirement
<br />639.41
<br />708.00
<br />622.93
<br />2,679.91
<br />Building Insurance
<br />0.00
<br />0.00
<br />0.00
<br />4,277.09
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />2,880.15
<br />Workers Comp. Insurance
<br />0.00
<br />0.00
<br />0.00
<br />707.34
<br />Directors & Officers
<br />0.00
<br />0.00
<br />0.00
<br />1,435.34
<br />Misc Expenses
<br />124.15
<br />80.00
<br />85.91
<br />373.47
<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 />2,912.50
<br />Supplies
<br />0.00
<br />0.00
<br />0.00
<br />1,139.34
<br />Bicycles &'Related Expenses
<br />25.98
<br />30.00
<br />0.00
<br />43.73
<br />Cleaning
<br />30.42
<br />50.00
<br />0.001,012.77
<br />Total Operating Expenses
<br />17,562.05
<br />19,344.00
<br />16,627.84
<br />109,229.05
<br />Operating Income (Loss)3
<br />336.2
<br />4,994.00
<br />(3„775.85)
<br />Le 63815
<br />Other Income
<br />Interest Income
<br />253.17
<br />29.00
<br />0.00
<br />0.00
<br />Total Other Income
<br />263.17
<br />29.00
<br />0.00
<br />0.00
<br />Net Income (Loss)
<br />S_ 3 083.OBt
<br />$ 14,965.00)
<br />$ 3 775.85
<br />S 29638.15
<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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