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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 July 31, 2020 and 2019 and 10 Months Ended July 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 />10 Months Ended
<br />Jul 31, 2020
<br />Jul 31, 2020
<br />Jul 31, 2019
<br />Jul 31, 2019
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Catering
<br />0.00
<br />0.00
<br />0.00
<br />250.00
<br />Motel Tax
<br />0.00
<br />0.00
<br />0.00
<br />242,644.52
<br />R.V. Hook Up
<br />182.24
<br />900.00
<br />414.51
<br />16,360.14
<br />Misc Income
<br />150.00
<br />0.00
<br />0.00
<br />0.00
<br />Rent
<br />3,169.60
<br />4,750.00
<br />2,801.22
<br />106,329.77
<br />Refunded Deposits
<br />0.00
<br />(400.00)
<br />(2,620.00)
<br />(11,720.00)
<br />Booth Rental
<br />0.00
<br />0.00
<br />0.00
<br />200.00
<br />Craft Expo Inc.
<br />0.00
<br />0.00
<br />210.00
<br />3,645.00
<br />Bicycle Rentals
<br />.,_......78.,51.
<br />300.00
<br />382.21
<br />.4,561.15
<br />Total Revenue3,780.35
<br />6 55 0-00
<br />1,187.94
<br />362,270.58
<br />Operating Expenses
<br />Craft Expo
<br />0.00
<br />0.00
<br />0.00
<br />200.00
<br />Bank Service Charge
<br />11.19
<br />41.00
<br />39.86
<br />382.41
<br />Communications
<br />511.91
<br />416.00
<br />500.63
<br />3,704.92
<br />Office Expense
<br />0.00
<br />0.00
<br />0.00
<br />692.92
<br />Payroll Expenses
<br />8,404.34
<br />8,334.00
<br />7,420.44
<br />76,203.30
<br />Payroll Tax Expense
<br />642.78
<br />666.00
<br />563.12
<br />5,789.94
<br />Marketing / Advertising
<br />0.00
<br />0.00
<br />0.00
<br />:400.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />1,850.00
<br />Bookkeeping
<br />341.66
<br />500.00
<br />448.33
<br />4,387.17
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />156.00
<br />Electricity
<br />2,997.88
<br />3,334.00
<br />6,420.20
<br />28,193.25
<br />Water
<br />171.92
<br />416.00
<br />165.27
<br />2,930.26
<br />Gas
<br />0.00
<br />375.00
<br />97.59
<br />4,157.18
<br />Trash Disposal
<br />444.95
<br />437.00
<br />405.21
<br />4,052.10
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />2,500.00
<br />Small Equipment
<br />0.00
<br />0.00
<br />0.00
<br />558.84
<br />ASA
<br />0.00
<br />0.00
<br />0.00
<br />102.00
<br />Contracted Services
<br />0.00
<br />0.00
<br />0.00
<br />180.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />18,000.00
<br />Eiffel Tower Lighting/Maint
<br />0.00
<br />0.00
<br />0.00
<br />250.20
<br />Building Maint./3pls.
<br />563.03
<br />1,000.00
<br />3,800.17
<br />32,728.59
<br />Security
<br />58.95
<br />104.00
<br />58.95
<br />1,288.90
<br />Staff Ins./Retirement
<br />493.73
<br />709.00
<br />516.05
<br />6,741.35
<br />Building Insurance
<br />0.00
<br />0.00
<br />0.00
<br />4,277.09
<br />Geherai 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 />0.00
<br />0.00
<br />0.00
<br />726.49
<br />interest Expense
<br />0.00
<br />0.00
<br />0.00
<br />4,367.27
<br />Ground Maintenance
<br />0.00
<br />600.00
<br />0.00
<br />5,825.00
<br />Supplies
<br />0.00
<br />0:00
<br />0.00
<br />2,348.63
<br />Bicycles & Related Expenses
<br />4.58
<br />100.00
<br />0.00
<br />221.02
<br />Cleaning
<br />---17.95
<br />100.00
<br />0.00
<br />-3,594.37
<br />Total Operating Expenses
<br />14,914.85
<br />17382.00
<br />221 830.03
<br />Operating Income (Loss)
<br />111,134.60)
<br />_ '11,832.00
<br />19 497.86
<br />140,440.65
<br />Other Income
<br />Interest Income187.11
<br />_..._..
<br />29.00
<br />130.16
<br />969.12w
<br />Total Other Income29.00
<br />167.11
<br />�. ,
<br />_�. 130.16
<br />969.12
<br />Net Income (Loss)
<br />$ 10 947.39)
<br />$ X71, 803.00$
<br />19,„367.72
<br />$ 141,4119.67
<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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