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Paris Visitor & Convention Council
<br />Budget to Actual, Year to Data
<br />Modified Basis
<br />5 -or tho-U-Non"fim Erdad AF
<br />Financial statement preparation service provided by Memory, 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 Months Ended
<br />7 Months Ended
<br />Apr 30, 2020
<br />Apr 30, 2020
<br />Variance
<br />` of Budget Annual
<br />Budget
<br />Actual
<br />Budget
<br />Revenue
<br />Hotel l Motel Occupancy Tax
<br />329,399.49
<br />325,000.00
<br />4,393.49
<br />101.51
<br />550,000.00
<br />Plot Money Interest
<br />84.34
<br />0,00
<br />84.34
<br />0.00%
<br />0.00
<br />Total Revenue
<br />329 982-82
<br />3256000°00
<br />4.,992.82
<br />101.53%
<br />6500 000,00
<br />Operating Wonses
<br />Postage
<br />404.09
<br />460.00
<br />(55.91)
<br />67.95 %
<br />1,000.00
<br />Misc Expenses
<br />729.67
<br />510,00
<br />(81.33)
<br />89.96%
<br />2,500.00
<br />General Liability
<br />1,494.00
<br />0,00
<br />1,494.00
<br />0.00 %
<br />0.00
<br />D & O Insurance
<br />1,435.34
<br />1,500.00
<br />(54.66)
<br />95°69 %
<br />1,500.00
<br />Worker's Comp
<br />664.00
<br />600°00
<br />64.00
<br />110.97 %
<br />2,000.00
<br />Staff Ins./Retirement
<br />5,570.35
<br />4,956.00
<br />614.36
<br />112.40
<br />8,500,00
<br />Meetings & Hosting
<br />97.72
<br />100.00
<br />(22$)
<br />97.72%
<br />600.00
<br />Chamber Management
<br />20,000,00
<br />20,000°00
<br />100
<br />100.00%
<br />40,000.00
<br />Small Equipment
<br />129,30
<br />0,00
<br />12.9,90
<br />0.00%
<br />0.00
<br />Out of Town Travel
<br />839,46
<br />950,00
<br />(110.54)
<br />88.36%
<br />2,000.00
<br />Intown AutolExp,Allowan
<br />1,400000
<br />1,575,00
<br />(175,00)
<br />88.89
<br />2,700,00
<br />Membership Dues/Sub.
<br />1,000°00
<br />1,200,00
<br />(200.00)
<br />8333
<br />5,500.00
<br />Audit
<br />1,983°00
<br />2,200.00
<br />(217,00)
<br />90,14%
<br />2,200.00
<br />Bookkeeping
<br />2,986.65
<br />3,500.00
<br />(513.35)
<br />$5.33 %
<br />6,000,00
<br />Payroll Expenses
<br />47,79182
<br />47,845,00
<br />(51.18)
<br />99.89%
<br />82,025.00
<br />ABBS Wage Reirnburernent
<br />(1,632°5)
<br />0,00
<br />(1,632,56)
<br />0.00 %
<br />0.00
<br />Payroll Tax Expense
<br />3,759.87
<br />3,765.00
<br />(5.13)
<br />99.86%
<br />6,450.00
<br />Office Expense
<br />1,551.26
<br />1,300.00
<br />251.26
<br />119.33 %
<br />2,000.00
<br />Communications
<br />1,823.96
<br />1,169.00
<br />664.95
<br />156.03
<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 />52.22
<br />400.00
<br />(347.78)
<br />1106 %
<br />1,000°00
<br />Credit Card Fee
<br />1,005.40
<br />1,157.50
<br />(162,10)
<br />86.12 %
<br />2,000.00
<br />Martel Tax Transferred to LGC
<br />104,949.24
<br />182,000.00
<br />(97,050.76)
<br />90.63 %
<br />325,000.00
<br />Marketing ! Adve ° ing
<br />20,152.51
<br />20,600.00
<br />(447,49)
<br />97.83%
<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 Pads Exp
<br />1,427A04
<br />1,300°00
<br />127.04
<br />109.77%
<br />30,000.00
<br />ASA
<br />5,65100
<br />7,000m
<br />(1,146,00)
<br />83.60%
<br />27,000.00
<br />SDBA Boat Races
<br />0A00
<br />0,00
<br />0.00
<br />0.00
<br />7,500.00
<br />Events Promotion / Funding
<br />17,29100
<br />17,300,00
<br />(7.00)
<br />99.96 %
<br />39,000.00
<br />Arts Allocation
<br />7,000.00
<br />7®000.00
<br />0.00
<br />100,00%
<br />7,000.00
<br />Baseball Field Lighting
<br />11,855.86
<br />11,855,85
<br />0.00
<br />100,00%
<br />11,855.66
<br />Rent to DOC
<br />7,000.00
<br />7,000.00
<br />_ 0.00
<br />100.00% x �
<br />12,000.00
<br />Total Operating Expenses
<br />3291616.81
<br />347,553.36(114,936,55)
<br />94.65%
<br />699,930.86
<br />Operating Income (Loss)
<br />1,366.01
<br />(22,553.36)
<br />23,919,37(6.
<br />)
<br />(49,930,86
<br />NOT -HOT INCOME
<br />Misc Income
<br />2,096.87
<br />462.00
<br />1,634.87
<br />453.87%
<br />1,000,00
<br />Trolley / Historical
<br />2,500.00
<br />3,500.00
<br />(1,000.00)
<br />71 A43 %
<br />5,000.00
<br />Tour de Furls Income
<br />871.65
<br />300.00
<br />571.85
<br />290.62 %
<br />49,000.00
<br />Souvenir Sales
<br />3,323.84
<br />5,835.00
<br />(2,511.16)
<br />56.96 %
<br />10,000.00
<br />Interest Income469Z1
<br />_._.._._.._
<br />90.00
<br />379,01
<br />521.12.%
<br />150,00
<br />Total Not -Plot Inco
<br />91261,57
<br />10,187.00X925.43)
<br />90.92%
<br />6541 .00
<br />NOT -HOT EXPENSES
<br />Not -Hot Events
<br />1,000.00
<br />0.00
<br />1,000.00
<br />0.00%
<br />0.00
<br />Trolley Driver
<br />1,120.00
<br />1,300.00
<br />(180.00)
<br />' 86.15%
<br />1,800.00
<br />Trolley Expenses
<br />2,494,12
<br />3,500.00
<br />(1,005.86)
<br />71.26%
<br />6,000.00
<br />Trolley Insurance
<br />1,410,73
<br />1,225.00
<br />195,73
<br />115.16 %
<br />2,100000
<br />Souvenir Exp
<br />5,766,20
<br />_ 3,500°00
<br />2,2658°20
<br />164.81 %
<br />000.00
<br />Total Nast -Hot Expenses
<br />11,793.05
<br />9,525.00
<br />2268.05
<br />123.81%
<br />14,9 .00
<br />Not Income (Loss)
<br />_ (1,16547
<br />5(21,891,36
<br />L 20,725°89
<br />5.32%
<br />319.14
<br />Financial statement preparation service provided by Memory, 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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