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Lamar County Chamber of Commerce
<br />Budget to Actual, Year -to -Date
<br />. Modified Cash Basis
<br />For the 7 Month Ended October 31, 2020
<br />OTHER INCOME
<br />Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
<br />by the A]CPA, 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 />Oct 31, 2020
<br />Oct 31, 2020
<br />Variance
<br />% of Budget Annual Budget
<br />Actual
<br />Budget
<br />REVENUE
<br />ASA Concession Sales
<br />$ 0.00
<br />$ 0.00 $
<br />0.00
<br />0.00% $
<br />7,000.00
<br />Lamar Co Day in Austin
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,000.00
<br />Ambassadors
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />400.00
<br />Chamber Ail -Breed Bull Proceeds
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />12,000.00
<br />Visitors Guide
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Celebration
<br />8,675.00
<br />10,000.00
<br />(1,325.00)
<br />86.75%
<br />30,000.00
<br />Business After Five
<br />100.00
<br />100.00
<br />0.00
<br />10.0.00%
<br />4,500.00
<br />Misc. Income
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,000.00
<br />Membership Dues
<br />11,914.66
<br />10,000.00
<br />1,914.66
<br />119.15%
<br />170,000.00
<br />Management Fee - LCC
<br />0.00
<br />0.00
<br />D.00
<br />0.00%
<br />18,000.00
<br />Management Fees - VCC
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />40,000.00
<br />Mailing Labels
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />200.00
<br />Rent from VCG
<br />1,000.00
<br />_u
<br />000
<br />100.00%
<br />12,000.00
<br />Total Revenue
<br />21,689.66
<br />21,100-00
<br />689.66
<br />102.79%
<br />306100.00
<br />Gross Profit27
<br />____21.L100.00 �
<br />588.66,
<br />102.79% w
<br />306,100.00
<br />„Z68„-,89.6666
<br />OPERATING EXPENSES
<br />Bank Service Charge
<br />11.20
<br />16.00
<br />(4.80)
<br />70.00%
<br />200.00
<br />Communications
<br />617.31
<br />625.00
<br />(7.69)
<br />98.77%
<br />7,500.00
<br />Office Expense
<br />213.75
<br />563.00
<br />(369.25)
<br />35.66%
<br />7,000.00
<br />Payroll Expenses
<br />13,877.66
<br />14,913.00
<br />(1,035.34)
<br />93.06%
<br />178,966.00
<br />Payroll Tax Expense
<br />1,057.87
<br />1,159.00
<br />(101.13)
<br />91.27%
<br />13,910.50
<br />Marketing / Advertising
<br />52.06
<br />100.00
<br />(47.94)
<br />52.06%
<br />2,500.00
<br />Audit Fees
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,500.00
<br />Bookkeeping Fees
<br />380.00
<br />375.00
<br />5.00
<br />101.33%
<br />4,500.00
<br />Attorney
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,000.00
<br />Electricity
<br />314.00
<br />291.00
<br />23.00
<br />107.90%
<br />3,500.06
<br />Water
<br />33.52
<br />29.00
<br />4.52
<br />115.59%
<br />350.00
<br />Gas
<br />51.81
<br />50.00
<br />1.81
<br />103,62%
<br />1,000.00
<br />Trash Removal
<br />41.29
<br />33.00
<br />8.29
<br />125.12%
<br />400.00
<br />Intown Auto/Exp Allowance
<br />583.38
<br />583.00
<br />0.38
<br />100.07%
<br />7,000.00
<br />Small Equipment
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />500.00
<br />Lamar County Days in Austin
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,000.00
<br />Ambassadors Luncheon & Other
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,000.00
<br />Seminar
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,000.00
<br />Business After Five Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />4,500.00
<br />Celebtation
<br />16,875.00
<br />17,000.00
<br />(125.00)
<br />99.26%
<br />20,000.00
<br />Junior Chamber
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />600.00
<br />Blitz
<br />43.26
<br />50.00
<br />(6.74)
<br />86.52%
<br />750.00
<br />Grant Program
<br />3,031.64
<br />0.00
<br />3,031.64
<br />0.00%
<br />0.00
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,000.00
<br />Building Repairs/Maintenance
<br />26.26
<br />25.00
<br />1:26
<br />106.04%
<br />5,000.00
<br />StafflnsJRetirement
<br />1,407.29
<br />1,000.00
<br />407.29
<br />140.73%
<br />12,000.00
<br />Building Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,500.00
<br />Worker's Comp
<br />52.15
<br />50.00
<br />2.15
<br />104.30%
<br />11000.00
<br />D & O Liabilty Ins
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,5D0.00
<br />Long Term Disability
<br />60.47
<br />60.00
<br />0.47
<br />100.78%
<br />200.00
<br />Misc Expenses
<br />129.72
<br />15D.00
<br />(20,28)
<br />86.48%
<br />2,000.00
<br />Furniture & Fixtures
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,000.00
<br />Professional Training/Travel
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Postage
<br />110.00
<br />83.00
<br />27.00
<br />132.53%
<br />1,000.00
<br />Chamber Membership Bonus
<br />0.00
<br />0.00
<br />0.00
<br />-O.Q.O
<br />1 „000.00
<br />Total Operating Expenses
<br />38,969.64
<br />37,175.00
<br />1,794.64
<br />104.83%
<br />300,676.50
<br />.Operating Income (Loss)
<br />___I17,279
<br />_ 16,075.00
<br />1,204.98)
<br />107.50%
<br />5,223-50
<br />OTHER INCOME
<br />Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
<br />by the A]CPA, 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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