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Lamar County Chamber of Commerce
<br />Budget to Actual, Year -to -Date
<br />Modified Cash Basis
<br />For the 2 Months Ended November 30, 2020
<br />2 Months Ended
<br />2 Months Ended
<br />Nov 30, 2020
<br />Nov 30, 2020
<br />Variance
<br />% of Budget
<br />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 Cc 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 All -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 />9,175.00
<br />10,500.00
<br />(1,325.00)
<br />87.38%
<br />30,000.00
<br />Business After Five
<br />100.00
<br />100.00
<br />0.00
<br />100.00%
<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 />26,177.41
<br />24,000.00
<br />2,177.41
<br />109.07%
<br />170,000.00
<br />Management Fee - LCC
<br />18,000.00
<br />18,000.00
<br />0.00
<br />100.00%
<br />18,000.00
<br />Management Fees - VCC
<br />10,000.00
<br />10,000.00
<br />0.00
<br />100.00%
<br />40,000.00
<br />Mailing Labels
<br />60.00
<br />50.00
<br />10.00
<br />120.00%
<br />200.00
<br />Rent from VCC
<br />2,00000
<br />r 2000.00
<br />000
<br />_ 100.00%
<br />12,000.00
<br />Total Revenue
<br />65,512.47
<br />64,650.00
<br />862.41
<br />101.33%
<br />306400.00
<br />Gross Profit
<br />i6,512AI
<br />64,650.00
<br />862.41
<br />101.33%
<br />306100.00
<br />OPERATING EXPENSES
<br />Bank Service Charge
<br />22.05
<br />32.00
<br />(9.95)
<br />68.91%
<br />200.00
<br />Communications
<br />1,014.88
<br />1,250.00
<br />(235.12)
<br />81.19%
<br />7,500.00
<br />Office Expense
<br />737.94
<br />1,166.00
<br />(428.06)
<br />63.29%
<br />7,000.00
<br />Payroll Expenses
<br />27,647.32
<br />29,826.00
<br />(2,178.68)
<br />92.70%
<br />178,966.00
<br />Payroll Tax Expense
<br />2,107.48
<br />2,318.00
<br />(210.52)
<br />90.92%
<br />13,910.50
<br />Marketing / Advertising
<br />1,349.62
<br />1,400.00
<br />(50.38)
<br />96.40%
<br />2,500.00
<br />Audit Fees
<br />0.00
<br />0.00
<br />D.00
<br />0.00%
<br />2,500.00
<br />Bookkeeping Fees
<br />895.00
<br />750.00
<br />145.00
<br />119.33%
<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 />508.87
<br />582.00
<br />(73.13)
<br />87.43%
<br />3,500.00
<br />Water
<br />67.04
<br />58.00
<br />9.04
<br />115.59%
<br />350.00
<br />Gas
<br />104.27
<br />100.00
<br />4.27
<br />104.27%
<br />1,000.00
<br />Trash Removal
<br />82.58
<br />66.00
<br />16.58
<br />125.12%
<br />400.00
<br />Intown Auto/Exp Allowance
<br />1,083.38
<br />1,166.00
<br />(82.62)
<br />92.91 %
<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 />54.04
<br />50.00
<br />4.04
<br />108.08%
<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 />82.23
<br />100.00
<br />(17.77)
<br />82.23%
<br />4,600.00
<br />Celebration
<br />20,553.64
<br />20,000.00
<br />6553.64
<br />102.77%
<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 />64.69
<br />75.00
<br />(10.11)
<br />86.52 %
<br />750.00
<br />Grant Program
<br />5,280.95
<br />0.00
<br />5,280.95
<br />0.00%
<br />0.00
<br />Meetings & Hosting
<br />51.92
<br />50.00
<br />1.92
<br />103.84%
<br />1,000.00
<br />Building Repairs/Maintenance
<br />811.78
<br />650.00
<br />161.78
<br />124.89%
<br />5,000.00
<br />Staff InsJRetirement
<br />2,340.75
<br />2,000.00
<br />340.75
<br />117.04%
<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 />1,000.00
<br />D & 0 Liabilly Ins
<br />0.00
<br />0.00
<br />0.00
<br />0.00 %
<br />1;500.00
<br />Long Term Disability
<br />120.94
<br />120.00
<br />0.94
<br />100.78%
<br />200.00
<br />Misc Expenses
<br />192.54
<br />210.00
<br />(17.46)
<br />91.69%
<br />2,000.00
<br />Fumiture & Fixtures
<br />0.00
<br />0.00
<br />0.00
<br />.0.00%
<br />1,000.00
<br />Professional Trainingfrfavel
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Postage
<br />110.00
<br />166.00
<br />(66.00)
<br />66.27%
<br />1,000.00
<br />Chamber Membership Bonus
<br />0.0Q
<br />_ , 0.00
<br />0.00
<br />0-00.%-------
<br />Total Operating Expenses
<br />65,336.26
<br />62,185.00
<br />3,151.26
<br />105.07%
<br />30087650
<br />Operating income (Lass)
<br />7.15% °
<br />5 223.50
<br />OTHER INCOME
<br />Interest Income
<br />80.60
<br />_ 230.00
<br />__ 149.40
<br />35.04%
<br />1,384.79
<br />Total Other Iricame
<br />80.60
<br />230.00
<br />___049-4J0
<br />35.04%
<br />1,384.79
<br />Income (Loss) Before Income Taxe
<br />256.75
<br />-� 2 695.00
<br />2438.25
<br />.43%
<br />8,608.29
<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
<br />financial statements
<br />prepared in accordance with the modified cash basis of
<br />accounting are omitted and no assurance is provided
<br />
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