|
Paris Visitor & Convention Council
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For 1 Month Ended August 31,
<br />2020 and 2019 and 11 Months Ended August 31, 2019
<br />1 Month Ended 1
<br />Month Ended 1
<br />Month Ended 11
<br />Months Ended
<br />Aug 31, 2020
<br />Aug 31, 2020
<br />Aug 31, 2019
<br />Aug 31, 2019
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel / Motel Occupancy Tax
<br />$ 162,406.34 $
<br />182,500.00 $
<br />189,840.38 $
<br />675,129.41
<br />Hot Money Interest5.88
<br />. -..-.._.
<br />0.00
<br />3.57
<br />31628
<br />Total Revenue
<br />162,472.22792
<br />500.00
<br />189 843.93
<br />675,445.69
<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 />0.00
<br />0.00
<br />130.00
<br />Postage
<br />20.66
<br />100.00
<br />26.31
<br />572.06
<br />Misc Expenses
<br />56.50
<br />450.00
<br />0.00
<br />313.21
<br />D & 0 Insurance
<br />0.00
<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 InsJRetirement
<br />697.68
<br />709.00
<br />521.13
<br />6,914.35
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />500.00
<br />1,198.78
<br />Chamber Management
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />40,000.00
<br />Out of Town Travel
<br />0.00
<br />0.00
<br />214.73
<br />1,406.12
<br />Intown Auto/Exp Allowance
<br />200.00
<br />225.00
<br />200.00
<br />2,200.00
<br />Membership Dues/Sub.
<br />140.00
<br />300.00
<br />0.00
<br />5,024.50
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />1,850.00
<br />Bookkeeping
<br />408.31
<br />500.00
<br />0.00
<br />4,387.16
<br />Payroll Expenses
<br />6,529.00
<br />6,836.00
<br />6,465.28
<br />72,033.18
<br />ABBS Wage Reimburement
<br />0.00
<br />0.00
<br />0.00
<br />(1,832.56)
<br />Payroll Tax Expense
<br />494.30
<br />537.00
<br />489.43
<br />5,633.54
<br />Office Expense
<br />0.00
<br />140.00
<br />41.49
<br />291.24
<br />Communications
<br />353.97
<br />166.00
<br />91.10
<br />1,000.87
<br />Historical Museum
<br />0.00
<br />0.00
<br />3,500.00
<br />3,500.00
<br />Bank Service Charge
<br />7.46
<br />120.00
<br />37.46
<br />230.39
<br />Credit Card Fee
<br />148.42
<br />166.50
<br />482.77
<br />2,039.38
<br />Motel Tax Transferred to LCC
<br />81,203.17
<br />71,000.00
<br />94,920.18
<br />337,564.70
<br />Marketing / Advertising
<br />5,698.16
<br />6,000.00
<br />10,248.16
<br />47,304.06
<br />Event Expenses - Other'
<br />0.00
<br />0.00
<br />0.00
<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 />MOO
<br />1,500.00
<br />Tour de Paris Exp
<br />633.07
<br />1,000.00
<br />23,659.80
<br />29,330.89
<br />Uncle Jessie's Exp
<br />0.00
<br />0.00
<br />0.00
<br />1,250.00
<br />ASA
<br />0.00
<br />0.00
<br />84.87
<br />37,862.35
<br />SDBA Boat Races
<br />0.00
<br />0.00
<br />0.00
<br />7,507.90
<br />TMBRA Bicycle Race Exp
<br />1,903.75
<br />0.00
<br />0.00
<br />0.00
<br />Events Promotion / Funding
<br />2,524.00
<br />3,000.00
<br />4,450.00
<br />21,785.02
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<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 />0.00
<br />50,000.00
<br />Rent to COC
<br />1,000.00
<br />1 000 00
<br />00000
<br />11,00000
<br />Total Operating Expenses
<br />_112 018.45
<br />�._�._.
<br />102 249 50
<br />156,932.71
<br />_714L841.50
<br />Operating Income (Loss)60,250.50
<br />50,393.77
<br />977.22
<br />32,�
<br />39,395.81
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.00
<br />138.00
<br />0.00
<br />2.48
<br />Trolley / Historical
<br />0.00
<br />300.00
<br />0.00
<br />1,800.00
<br />ASA Booth Rentals
<br />0.00
<br />D.00
<br />0.00
<br />500.00
<br />Tour de Paris Income
<br />725.00
<br />1,000.00
<br />9,029.48
<br />51,109.00
<br />TMBRA Bicycle Race
<br />5,159.50
<br />0.00
<br />0.00
<br />0.00
<br />Souvenir Sales
<br />772.48
<br />833.00
<br />.318.77
<br />7,151.74
<br />Interest income
<br />9.52
<br />12.00
<br />�. . 24.12
<br />209.05
<br />Total Other Income
<br />� 5,666.50
<br />2,28300
<br />9,372.37
<br />60,772.27
<br />NOT -HOT EXPENSES
<br />Trolley Driver
<br />0.00
<br />100.00
<br />0.00
<br />630.00
<br />Trolley Expenses
<br />0.00
<br />500.00
<br />45.50
<br />17,092.05
<br />Trolley Insurance
<br />175.82
<br />175.00
<br />162.32
<br />1,787.68
<br />Souvenir Exp
<br />0.00
<br />300.00
<br />387.60
<br />5,848.60
<br />Mise NH Expense,
<br />,, 0.00
<br />0.00
<br />0.00,
<br />8455.72
<br />Total Not -Hot Expenses
<br />175.82
<br />�_ 1,075.00
<br />595.42
<br />33 814,05
<br />Net Income (Loss)
<br />$ 56,884A5
<br />$ 61,458.60
<br />$ 41 688.17
<br />$ � 12,437.69)
<br />Financial statement preparation service provided by Mainory, 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 />
|