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Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash, Basis
<br />For I Month Ended May 31, 2020 and 2019 and 8 Months Ended May 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 />I Month Ended
<br />I Month Ended
<br />I Month Ended
<br />8 Months Ended
<br />May 31, 2020
<br />May 31, 2020
<br />May 31, 2019
<br />May 31, 2019
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel I Motel Occupancy Tax
<br />$ 146,197.60
<br />$ 162,500Z0
<br />It 136,624.72
<br />$ 469,519.41
<br />Hot Money Interest
<br />0.00
<br />0.00
<br />135
<br />20,66
<br />Total Revenue
<br />148,197.60
<br />162,500.00
<br />136;523,07
<br />9,540.29
<br />OPERATING EXPENSES
<br />Utilities
<br />0.00
<br />0.00
<br />0.00
<br />34.56
<br />Training I Education
<br />0.00
<br />MOO
<br />0.00
<br />130.00
<br />Postage
<br />21.03
<br />160m0
<br />4830
<br />464.07
<br />Misc Expenses
<br />0.00
<br />0.00
<br />134.75
<br />281 SO
<br />D & 0 Insurance
<br />MOO
<br />0.00
<br />MOO
<br />1,43533
<br />Workers Comp
<br />0.00
<br />0100
<br />0.00
<br />707.33
<br />Staff Ins./Retirement
<br />659.09
<br />706.00
<br />47188
<br />4,876.67
<br />Meetings & Hosting
<br />040
<br />0.00
<br />136.60
<br />36317
<br />Chamber Management
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />30,000.00
<br />Out of Town Travel
<br />0=
<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 />1,600.00
<br />Membership Dues/Sub.
<br />0.00
<br />0,00
<br />0.00
<br />1,015z0
<br />Audit
<br />MOO
<br />0100
<br />0.00
<br />1,850.00
<br />Bookkeeping
<br />39833
<br />600.00
<br />396.66
<br />3,666.82
<br />Payroll Expenses
<br />6,529.00
<br />6,836.00
<br />6,592.32
<br />52,764.38
<br />ABBS Wage Reimburement
<br />0.00
<br />0.00
<br />0.00
<br />(1,&V.56)
<br />Payroll Tax Expense
<br />494,31
<br />537.00
<br />499.15
<br />4,174.95
<br />Office Expense
<br />347.37
<br />146.00
<br />0.00
<br />14526
<br />Communications
<br />329.92
<br />167.00
<br />89.09
<br />712.41
<br />Bank Service Charge
<br />7.46
<br />120.00
<br />7.46
<br />59.68
<br />Credit Card Fee .
<br />58.62
<br />166.50
<br />.96A6
<br />1,274.92
<br />Motel Tax Transferred to LCC
<br />74,098.80
<br />72,000,00
<br />68,262.36
<br />234,759.70
<br />Marketing / Advertising
<br />1;206,67
<br />6.000.00
<br />8611.87
<br />34,35140
<br />Event Expenses - Other
<br />0,00
<br />0,00
<br />0.00
<br />47.66
<br />Chaparral Square Dancers
<br />0000
<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 />OMO
<br />0.00
<br />1,436.78
<br />Uncle Jessie's Exp
<br />0.00
<br />0.00
<br />0.00
<br />625.00
<br />ASA
<br />0.00
<br />20,000,00
<br />28,94038
<br />37,358.48
<br />SDBA Boat Races
<br />7,000000
<br />7,500,00
<br />0=
<br />507.90
<br />Wings Over Paris Exp
<br />0.00
<br />0=
<br />(2,500.00)
<br />0.00
<br />Events Promotion I Funding
<br />750.00
<br />4.000,00
<br />2,212.00
<br />16,235,02
<br />Baseball Fleld Lighting
<br />0.00
<br />0.00
<br />0.00
<br />11,855.86
<br />Rent to, COC
<br />--1,12-00-00
<br />--i-Lo-o"t)
<br />1 =0.00
<br />------- 8,000.00
<br />Total Operating Expenses
<br />10L,100.80
<br />129j.999.50
<br />117,460.28
<br />2,433.95
<br />Operating Income (Loss)
<br />46,096.80
<br />32,500.50
<br />___19 067.79
<br />7,106-34
<br />NOT -HOT INCOME
<br />Miso Incorne
<br />66.60
<br />100.00
<br />0.00
<br />1.36
<br />Trolley I Historical
<br />375,00
<br />300.00
<br />0.00
<br />1,800.00
<br />ASA Booth Rentals
<br />0=
<br />0.00
<br />0.00
<br />600.00
<br />Tour de Paris Income
<br />2,165,00
<br />2,600,00
<br />935.00
<br />15,155.52
<br />Souvenir Sales
<br />196.67
<br />833,00
<br />1,765,40
<br />3,810.45
<br />Interest Income
<br />22.81
<br />12.00
<br />2246
<br />147A3
<br />Total Other Income
<br />2,816.98
<br />3,745.00.
<br />2,742.45
<br />2IL414.76
<br />NOT -HOT EXPENSES
<br />Trolley Driver
<br />0=
<br />100.00
<br />0.00
<br />592.50
<br />Trolley Expenses
<br />OZO
<br />500.00
<br />16.50
<br />1,717.48
<br />Trolley Insurance
<br />175.82
<br />175.00
<br />162.32
<br />1,30012
<br />Souvenir Exp
<br />68.40
<br />100.00
<br />207.00
<br />5,002.00
<br />Mtse NH Expense
<br />0.00
<br />OZO
<br />7,49165
<br />__ZI959-72
<br />Total Not -Hot Expenses
<br />24422
<br />5715,00
<br />7,88147
<br />16.67242
<br />Not Income (Loss)
<br />$ 47,669.56 LS
<br />L 35,370,50
<br />$ 13,928.77
<br />$ 219" 68
<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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