|
Paris Visitor & Convention Council
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For 1 Month Ended June 30, 2020 and 2019 and 9 Months Ended June 30, 2019
<br />1 Month Ended
<br />1 Month Ended
<br />1 Month Ended
<br />9 Months Ended
<br />Jun 30, 2020
<br />Jun 30, 2020
<br />Jun 30, 2019
<br />Jun 30, 2019
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel 1 Motel Occupancy Tax
<br />$ 0.00
<br />$ 0.00
<br />$ 15,769.64
<br />$ 485,289.05
<br />Hot Money Interest
<br />0.00
<br />0.00
<br />290.33
<br />_ 311.21
<br />Total Revenue
<br />0.00
<br />0.00
<br />18,059.97
<br />485,600.26
<br />OPERATING EXPENSES
<br />Utilities
<br />0.00
<br />0:00
<br />0.00
<br />34.56
<br />Training 1 Education
<br />0.00
<br />0.00
<br />0.00
<br />130.00
<br />Postage
<br />55AB
<br />100.00
<br />28.81
<br />512.88
<br />Misc Expenses
<br />320.83
<br />400.00
<br />31.71
<br />313.21
<br />D & O insurance
<br />0.DO
<br />0.00
<br />0.00
<br />1,435.33
<br />Worker's Comp
<br />0.00
<br />0.00
<br />0.00
<br />707.33
<br />Staff Ins./Retirement
<br />652.54
<br />709.00
<br />1,073.29
<br />5,951.96
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />274.71
<br />637.88
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />30,000.00
<br />Out of Town Travel
<br />0.00
<br />0.00
<br />0.00
<br />1,125.48
<br />Intown Auto/Exp Allowance
<br />200.00
<br />225.00
<br />200.00
<br />1,800.00
<br />Membership Dues/Sub.
<br />0.00
<br />0.00
<br />4,009.50
<br />5,024.50
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />1,850.00
<br />Bookkeeping
<br />305.00
<br />500.00
<br />380.00
<br />3,938.82
<br />Payroll Expenses
<br />6,659.88
<br />6,836.00
<br />6,211.20
<br />58,975.58
<br />ABBS Wage Reimburement
<br />0.00
<br />0.00
<br />0.00
<br />(1,632.56)
<br />Payroll Tax Expense
<br />504.32
<br />537.00
<br />470.00
<br />4,644.95
<br />Office Expense
<br />215.70
<br />140.00
<br />104.49
<br />249.75
<br />Communications
<br />328.79
<br />166.00
<br />0.00
<br />712.41
<br />Historical Museum
<br />3,500.00
<br />3,500.00
<br />0.00
<br />0.00
<br />Bank Service Charge
<br />7.46
<br />120.00
<br />7.46
<br />67.14
<br />Credit Card Fee
<br />387.36
<br />166.50
<br />281.69
<br />1,556.61
<br />Motel Tax Transferred to LCC
<br />0.00
<br />0.00
<br />7,884.82
<br />242,644.52
<br />Marketing i Advertising
<br />0.00
<br />6,000.00
<br />2,626.25
<br />36,979.65
<br />Event Expenses - Other
<br />0.00
<br />0.00
<br />22.44
<br />70.10
<br />Chaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />1,541.18
<br />Paris Art & Wine Fest Exp
<br />0.00
<br />0.00
<br />0.00
<br />750.00
<br />Tour de Paris Exp
<br />0.00
<br />0.00
<br />395.91
<br />1,832.69
<br />Uncle Jessie's Exp
<br />625.00
<br />0.00
<br />0.00
<br />625.00
<br />ASA
<br />0.00
<br />0.00
<br />(99.00)
<br />37,259.48
<br />SDBA Boat Races
<br />0.00
<br />0.00
<br />7,000.00
<br />7,507.90
<br />Events Promotion 1 Funding
<br />3,750.00
<br />4,000.00
<br />600.00
<br />16,835.02
<br />Arts Allocation
<br />0.00
<br />0.00
<br />7,000.00
<br />7,000.00
<br />Baseball Field Lighting
<br />0.00
<br />0.00
<br />0.00
<br />11,855.86
<br />Pump Track
<br />0.00
<br />0.00
<br />50,000.00
<br />50,000.00
<br />Rent to COC
<br />1,000.00
<br />1,000.00
<br />1,000.00
<br />9,000.00
<br />Long Term Disability
<br />253.23
<br />0.00
<br />0.00
<br />0.00
<br />Total Operating Expenses
<br />18,785.59
<br />24,399.50
<br />89,503.28
<br />541,937.23
<br />Operating Income (Loss)(18,765.59)
<br />X24399.50)
<br />{73,443.31)
<br />(56,336.97)
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.00
<br />100.00
<br />0.00
<br />1.36
<br />Trolley l Historical
<br />0.00
<br />300.00
<br />0.00
<br />1,800.00
<br />ASA Booth Rentals
<br />0.00
<br />0.00
<br />0.00
<br />500.00
<br />Tour de Paris Income
<br />520.00
<br />1,000.00
<br />4,550.00
<br />19,705.52
<br />TMBRA Bicycle Race
<br />100.00
<br />0.00
<br />0.00
<br />0.00
<br />Souvenir Sales
<br />249.75
<br />833.00
<br />603.62
<br />4,414.07
<br />Interest Income
<br />__ 1,130.63
<br />12.00
<br />18.39
<br />_. 165.62
<br />Total Other Income
<br />2,000.38
<br />2,245.00
<br />5,172.01
<br />26,586.77
<br />NOT -HOT EXPENSES
<br />Trolley Driver
<br />170.00
<br />100.00
<br />37.50
<br />630.00
<br />Trolley Expenses
<br />0.00
<br />500.00
<br />15,254.07
<br />16,971.55
<br />Trolley Insurance
<br />175.82
<br />175.00
<br />162.32
<br />1,463.04
<br />Souvenir Exp
<br />0.00
<br />500.00
<br />459.00
<br />5,461.00
<br />Misc NH Expense
<br />__ _ 0.00
<br />0.00
<br />496.00
<br />8,455.72
<br />Total Not -Hot Expenses
<br />345.82
<br />1,275.00
<br />16,408.89
<br />32,981.31
<br />Net Income (Loss)
<br />$ 117,111.03)
<br />$ (23,429.50)
<br />$ 84 680.19
<br />$ _ 62 731.61
<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 />
|