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Love Civic Center
<br />Budget to Actual, Year to -Date
<br />Modified Cash Basis
<br />For the 12 Months Ended September 30, 2020
<br />Financial statemeat preparation service provided by Malnory, McNeal & Company PC, CPAs In accordance with professional standards issued
<br />by rhe AICPA, subsUm ially all disclosures ordinarily included in financial statements prepared in aoeondance with the modifiod Cash basis of
<br />accourning are omitted and no assurance is provided
<br />12 Months Ended
<br />12 Months Ended
<br />Sep $0, 2020
<br />Sep 30, 2020
<br />Variance
<br />% of Budget Annual Budget
<br />Actual
<br />Budget
<br />REVENUE
<br />Catering
<br />Motel Tax
<br />$ 0.00
<br />$ 750.00
<br />$ (750.00)
<br />0.00 % $
<br />75MOD
<br />R.V. Hook Up
<br />320,251.21
<br />326,000.00
<br />(4,748.79)
<br />98.54%
<br />325,000.00
<br />Mist income
<br />5,178.20
<br />176.00
<br />101000.00
<br />(4,821.80)
<br />51.76%
<br />10,000.00
<br />Rent
<br />98,614.90
<br />11800.00
<br />100000.00
<br />(1,624.00)
<br />(1,385.10)
<br />9.78%
<br />98-61%
<br />1,800.00
<br />100,000.00
<br />Refunded Deposits
<br />Booth Rental
<br />(11,350.00)
<br />(11,000.00)
<br />(350.00)
<br />103.18%
<br />(11,000.00)
<br />TOM LJgh^g
<br />0.00
<br />100.00
<br />400.00
<br />500.00
<br />(400.00)
<br />(400.00)
<br />0.00 %
<br />0.00%
<br />400.00
<br />500.00
<br />Craft Expo Inc.
<br />Bicycle Rentals
<br />0.00
<br />2,62178
<br />3,000.00
<br />(3,000.00)
<br />0.00%
<br />3,000.00
<br />Rw.
<br />4 00000
<br />,.
<br />e..�_ X1,378 22
<br />65.64 %
<br />4000.00
<br />.w
<br />Total Revenue
<br />416692.09
<br />434,450 OD
<br />w
<br />.. 18.65197 ry
<br />95.
<br />.. SS %
<br />434,460 00
<br />... .e._
<br />Gross Profit
<br />415r?92 09
<br />434 460 00
<br />_...
<br />18,857 99 a
<br />.... ..
<br />95.66 %
<br />_.. .�
<br />...ro_..
<br />494,460.00
<br />r
<br />OPERATING EXPENSES
<br />Bank Service Charge
<br />Communications
<br />431.59
<br />500.00
<br />(88.41)
<br />66.32%
<br />500.00
<br />Office Expense
<br />4,987 75
<br />932.60
<br />51000.00
<br />MUM
<br />99.24%
<br />5,000.00
<br />Payroll Expanses
<br />96,028.80
<br />600.00
<br />100,000.00
<br />232.60
<br />(3,971.20)
<br />138.77 %
<br />98.03%
<br />600.00
<br />100,000.00
<br />Payroll Tax Expense
<br />Marketing / Advertising
<br />7,410.89
<br />8,000.00
<br />(589.71)
<br />92.84%
<br />81000.00
<br />Audd
<br />0.00
<br />11963.00
<br />3,000.00
<br />2,200.00
<br />(3,000.00)
<br />(217.00)
<br />0.00%
<br />00.14%
<br />3,000.00
<br />2,200.00
<br />Bookkeeping
<br />Membership Dues/Sub
<br />4,748.35
<br />0.000.00
<br />(1,251.65)
<br />79.14%
<br />6,000.00
<br />Electricity
<br />324.00
<br />28,760.20
<br />200.00
<br />40,000.00
<br />124.00
<br />(11,219.80)
<br />162.00 %
<br />71.95 %
<br />200.00
<br />40,000.00
<br />Water
<br />Gas
<br />3,270.18
<br />51000.00
<br />(1,729.82)
<br />85.40 %
<br />51000.00
<br />Trash Disposal
<br />3.135.90
<br />5,890.43
<br />4,500.00
<br />5,250.00
<br />(1,364.10)
<br />380.43
<br />69.69%
<br />10725%
<br />4,500.00
<br />Intown Auto Exp Allowance
<br />Small Equipment
<br />3,000.00
<br />3,00D.00
<br />0.00
<br />100.00%
<br />5,250.00
<br />3,000.00
<br />Chamber Management
<br />465.35
<br />18,000.00
<br />1,000.00
<br />161000.00
<br />($34.65)
<br />0.00
<br />46,54%
<br />100.00%
<br />1,000.00
<br />18.000.00
<br />EHtel Tower Lighting/Maln1
<br />Building MaIM./Spis.
<br />0.00
<br />21000.00
<br />(2,000.00)
<br />0.00%
<br />2,000.00
<br />Seaidty
<br />26,13&41
<br />3.385.35
<br />99,000.00
<br />(72,863.59)
<br />26.40%
<br />99,000.00
<br />Staff InsJRetimmant
<br />8,022.31
<br />1,260.00
<br />8.500.01)
<br />2,135.35
<br />(477.0
<br />270.63%
<br />94.38%
<br />1,250.00
<br />8,500.00
<br />Building Insurance
<br />General 1.1ablily
<br />4,52123
<br />5,000.00
<br />(476.77)
<br />90.42%
<br />5,000.00
<br />Workers
<br />s5 Comp.
<br />3,067.05
<br />654.01)
<br />51000.00
<br />1,400.00
<br />(1,932.95)
<br />(736.00)
<br />61.34%
<br />47.43%
<br />5.000.00
<br />Dinactors OffDurance
<br />Long Term Disablifty
<br />7.435.33
<br />2.000.00
<br />(564.67)
<br />71.77%
<br />1,400.00
<br />2,000.00
<br />Miso Expenses
<br />253.23
<br />668.04
<br />210.00
<br />1.400.00
<br />43.23
<br />(641.96)
<br />120.69%
<br />61,29%
<br />210.00
<br />1,400.00
<br />Interest Expense
<br />Ground Melnlenance
<br />0.00
<br />9,065.70
<br />7,500.00
<br />(7,500.00)
<br />0.00%
<br />7,500.00
<br />Supplies
<br />Bicycles & Related Expenses
<br />294.95
<br />81500.00
<br />3,000.00
<br />565.70
<br />(2,705.06)
<br />106.68%
<br />9.83%
<br />8,500.00
<br />3,000.00
<br />Catering Bw
<br />568.32
<br />0.00
<br />1,600.00
<br />(1.031.66)
<br />35-52%
<br />1,600.00
<br />Capdal Improvements
<br />0.00
<br />1,700.00
<br />(1,700.00)
<br />0.00%
<br />11700.00
<br />Cost of Issuance
<br />63,500.00
<br />50,000.00
<br />0.00
<br />(60,000.00)
<br />63,500.00
<br />0.00%
<br />0.00 %
<br />50,000.00
<br />Cleaning
<br />48.37
<br />s7
<br />7o aoo 00
<br />, e34
<br />D 46 %
<br />0.00
<br />10.Doo do
<br />Total O Operating Expenses
<br />3008 42
<br />470,a10Oo
<br />108.466 58
<br />„
<br />. 7S s2 %
<br />410 310.00
<br />Operating Income (LOSS)
<br />114,768.67
<br />24140 00
<br />90,028.67
<br />475.43 %
<br />24.140.00
<br />...e
<br />OTHER INCOME
<br />Interest Income
<br />1.490.29
<br />350 00
<br />1.140.29
<br />426.80%
<br />350.,00
<br />Total350.00
<br />„
<br />Net ncome (Loss)
<br />116 256.96
<br />24490 000
<br />97 16898
<br />474-72%
<br />24,490 00
<br />Financial statemeat preparation service provided by Malnory, McNeal & Company PC, CPAs In accordance with professional standards issued
<br />by rhe AICPA, subsUm ially all disclosures ordinarily included in financial statements prepared in aoeondance with the modifiod Cash basis of
<br />accourning are omitted and no assurance is provided
<br />
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