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Paris Visitor & Convention' Council
<br />Budget to Actual, Year to Date
<br />Modified Cash Basis
<br />For the 3 Months Ended December 31, 2020
<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 modified cash basis of
<br />accounting are omitted and no assurance is provided
<br />3 Months Ended
<br />3 Months Ended
<br />Dec 31, 2020
<br />Dec 31, 2020
<br />Variance
<br />% of Budget
<br />Annual Budget
<br />Actual
<br />Budget
<br />Revenue
<br />Hotel / Motel Occupancy Tax
<br />$ 217,460.83
<br />$ 162,600.00
<br />$ 54,980.83
<br />133.83% $
<br />650,000.00
<br />Hot Money Interest
<br />15.83
<br />, 63.007.17j
<br />25.13%
<br />250.00
<br />Total Revenue217.496
<br />B6
<br />16 2r 563.00
<br />54933.66
<br />133.79%
<br />650250.00
<br />Operating Expenses
<br />Postage
<br />51.07
<br />55.00
<br />(3.93)
<br />92.85%
<br />1,000.00
<br />Misc Expenses
<br />1,112.28
<br />1,035.00
<br />77.28
<br />107.47%
<br />1,500.00
<br />General Liability
<br />1,070.65
<br />1,500.00
<br />(429.35)
<br />71.38%
<br />1,500.00
<br />D & 0 Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,500.00
<br />Long Term Disability
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />200.00
<br />Workers Comp
<br />621.30
<br />650.00
<br />(28.70)
<br />95.58%
<br />1,000.00
<br />Staff InsJRellrement
<br />3,028.26
<br />2,124.00
<br />904.26
<br />142.57%
<br />8,500.00
<br />Meetings & Hosting
<br />51.49
<br />50.00
<br />1.49
<br />102.98%
<br />200.00
<br />Chamber Management
<br />10,000.00
<br />10,000.00
<br />0.00
<br />100.00%
<br />40,000.00
<br />Out of Town Travel
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,600.00
<br />Intown Auto/Exp Allowance
<br />600.00
<br />624.00
<br />(24.00)
<br />96.15%
<br />2,500.00
<br />Membership Dues/Sub.
<br />100.00
<br />458.00
<br />(358.00)
<br />21.83%
<br />5,500.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,200.00
<br />Bookkeeping
<br />1,503.33
<br />1,500.00
<br />3.33
<br />100.22%
<br />6,000.00
<br />Payroll Expanses
<br />21,939.58
<br />20,505.00
<br />1,434.58
<br />107.00%
<br />82,025.00
<br />Payroll Tax Expense
<br />1,662.91
<br />1,611.00
<br />'51.91
<br />103.22%
<br />5,450.00
<br />Office Expense
<br />987.25
<br />498.00
<br />489.25
<br />198.24%
<br />2,000.00
<br />Communications
<br />1,288.13
<br />824.00
<br />664.13
<br />206.43%
<br />2,500.00
<br />Historical Museum
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,500.00
<br />Bank Service Charge
<br />141.69
<br />123.00
<br />18.69
<br />115.20%
<br />500.00
<br />Motel Tax Transferred to LCC
<br />108,740.41
<br />81,250.00
<br />27,490.41
<br />133.6%
<br />325,000.00
<br />Marketing / Advertising
<br />13,254.05
<br />14,500.00
<br />(1,245.95)
<br />91.41%
<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 do Paris Exp
<br />9,470.31
<br />9,500.00
<br />(29.69)
<br />99.69%
<br />28,000.00
<br />ASA
<br />344.94
<br />500.00
<br />(155.06)
<br />68.99%
<br />27,000.00
<br />ASA Indoor Archery Event Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00 %
<br />2,000.00
<br />SDBA Boat Races
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />7,000.00
<br />TMBRA Bicycle Race Perp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,500.00
<br />Events Promotion / Funding
<br />3,1'00.00
<br />3,000.00
<br />100.00
<br />103.33%
<br />44,000.00
<br />Arts Ailoeation
<br />0.00
<br />0.00
<br />0.00
<br />0.00 °A
<br />7,000.00
<br />Baseball Field Lighting
<br />11,855.86
<br />11,855.86
<br />0.00
<br />100.00%
<br />11,855.86
<br />Rent to COC
<br />3.000.00
<br />3,000.00
<br />_. 0.00
<br />100.00%
<br />12,000.00_
<br />Total Operating Expenses
<br />193,923.51
<br />164962.86
<br />28 960.66
<br />117.56%
<br />706,530.86
<br />Operating Income (Loss)
<br />23,573.15
<br />399.86)
<br />__ 45 978 01
<br />982.27 % ((56.280.86)
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.44
<br />0.50
<br />(0.06)
<br />88.00%
<br />1,000.00
<br />Trolley / Historical
<br />1,400.00
<br />770.00
<br />630.00
<br />181.82%
<br />5,000.00
<br />Tour de Paris Income
<br />17,942.78
<br />18,000.00
<br />(57.22)
<br />99.68%
<br />49,000.00
<br />ASA Indoor Archery Event
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />TMBRA Bicycle Race
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />7,000.00
<br />Souvenir Sales
<br />617.69
<br />635.00
<br />(17.31)
<br />97.27%
<br />8,000.00
<br />Interest Income
<br />37.76
<br />63.00
<br />25.24
<br />59.94%
<br />250.00
<br />Total Not -Hot Income
<br />19,998.67
<br />191468.50
<br />530.17
<br />102.72%
<br />__12_,250.00
<br />NOT -HOT EXPENSES
<br />Credit Card Fees
<br />701.91
<br />375.00
<br />326.91
<br />187.18%
<br />1,500.00
<br />Trolley Driver
<br />357.00
<br />375.00
<br />(18.0.0)
<br />95.20%
<br />1,800.00
<br />Trolley Expenses
<br />2,189.78
<br />2,250.00
<br />(60.22)
<br />97.32%
<br />5,000.00
<br />Trolley Insurance
<br />587.12
<br />525.00
<br />62.12
<br />111.83%
<br />2,100.00
<br />Souvenir Exp
<br />132.00
<br />150.00
<br />(18.00)
<br />88.00%
<br />5,000.00
<br />Misc NH Expense
<br />�„ 19.89
<br />0.0000
<br />_ 19.89
<br />0.00, .
<br />0.00
<br />Total Not-Hdt Expenses
<br />__3j987.70
<br />3,67600
<br />312.70
<br />108.51%
<br />15,4400.00
<br />Net income (Loss)
<br />$ , . 39L584.12
<br />$ 13,393.64
<br />$ 2819048
<br />295.54%
<br />- 569.14
<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 modified cash basis of
<br />accounting are omitted and no assurance is provided
<br />
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