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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 November 30, 2020 and 2019 and 2 Months Ended November 30, 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 modified cash basis of
<br />accounting are omitted and no assurance is provided
<br />1 Month Ended
<br />1 Month Ended
<br />1 Month Ended
<br />2 Months Ended
<br />Nov 30, 2020
<br />Nov 30, 2020
<br />Nov 30, 2019
<br />Nov 30, 2019
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Motel Tax
<br />$ 108,740.41
<br />$ 81,250.00
<br />$ 112,769.38
<br />$ 112,769.38
<br />R.V. Hook Up
<br />134.64
<br />150.00
<br />31.69
<br />1,210.21
<br />Rent
<br />8,163,24
<br />7,916.00
<br />7,565.00
<br />16,510.71
<br />Refunded Deposits
<br />(910.00)
<br />(833.00)
<br />(650.00)
<br />(850.00)
<br />Bicycle Rentals
<br />_ _ 0.00
<br />0.00207.62
<br />578.81
<br />Total Revenue
<br />116,126.29
<br />88,483.00
<br />119,923.69
<br />___...-130,219.11
<br />Operating Expenses
<br />Bank Service Charge
<br />10.85
<br />42.00
<br />61.68
<br />125.23
<br />Communications
<br />447.06
<br />458.00
<br />389.66
<br />725.38
<br />Office Expense
<br />386.40
<br />650.00
<br />427.41
<br />536.96
<br />Payroll Expenses
<br />7,684.50
<br />8,333.00
<br />7,588.00
<br />15,280.39
<br />Payroll Tax Expense
<br />583.60
<br />667.00
<br />575.48
<br />1,159.88
<br />Marketing I Advertising
<br />33.00
<br />50.00
<br />0.00
<br />0.00
<br />Bookkeeping
<br />515.00
<br />500.00
<br />513.34
<br />938.34
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />156.00
<br />Electricity
<br />2,026.24
<br />3,333.00
<br />2,729.45
<br />5,852.80
<br />Water
<br />725.48
<br />333.00
<br />531.29
<br />845.10
<br />Gas
<br />305.78
<br />300.00
<br />334.27
<br />519.98
<br />Trash Disposal
<br />490.98
<br />417.00
<br />444.95
<br />889.90
<br />Intown Auto Earp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />500.00
<br />Chamber Management
<br />18,000.00
<br />18,000.00
<br />18,000.00
<br />18,000.00
<br />Building Malnt./Spls/Equip
<br />11,983.24
<br />11,000.00
<br />7,181.46
<br />7,725.10
<br />Security
<br />58.95
<br />229.00
<br />58.95
<br />117.90
<br />Staff InsJRetirement
<br />563.94
<br />708.00
<br />372.08
<br />893.13
<br />Building Insurance
<br />0.00
<br />0.00
<br />0.00
<br />4,521.23
<br />General Liability
<br />0.00
<br />0.00
<br />3,067.05
<br />3,067.05
<br />Misc Expenses
<br />40.43
<br />45.00
<br />0.00
<br />299.28
<br />Ground Maintenance
<br />582,50
<br />600.00
<br />582.50
<br />2,650.79
<br />Bicycles & Related Expenses
<br />0.00
<br />0.00
<br />0.00
<br />6.92
<br />Total Operating Expenses
<br />441687.96
<br />45 916.00
<br />43105.57
<br />_ 64x811.36
<br />Operating Income (Loss)
<br />71,440.34
<br />42,568.00
<br />76,818.12
<br />_ 65,407.75
<br />Other Income
<br />Interest Income
<br />295.72
<br />29.00
<br />78.71
<br />163.40
<br />Total Other Income
<br />295.72
<br />29.00
<br />78.71
<br />163.40
<br />Net Income (Lass)
<br />$ 71,736.06
<br />$ 42,597.00
<br />$ 76,896.83
<br />$ 65,571.15
<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
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