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Lamar County Chamber of Commerce
<br />Budget to Actual, Year -to -Date
<br />Modified Cash Basis
<br />For the 3 Months Ended December 31, 2020
<br />3 Months Ended
<br />3 Months Ended
<br />Dec 31, 2020
<br />Doc 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 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 />10,500.01)
<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 />55,792.83
<br />54,000.00
<br />1,792.63
<br />103.32%
<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 />90.00
<br />80.00
<br />10.00
<br />112.50%
<br />200.00
<br />Rent from VCC
<br />3.000.00
<br />1000.00
<br />0.00
<br />100.00%
<br />12,000.00
<br />Total Revenge
<br />96,157.83
<br />95 680.00
<br />477.83
<br />100.50%
<br />3060100.00,
<br />Gross Profit
<br />96,167.83
<br />85 680.00
<br />477.83
<br />100.60%
<br />306,100.00
<br />OPERATING EXPENSES
<br />Bank Service Charge
<br />32.55
<br />48.00
<br />(15.45)
<br />67.81 %
<br />200.00
<br />Communications
<br />1,428.39
<br />1,875.00
<br />(446.61)
<br />76.18%
<br />7,500.00
<br />Office Expense
<br />1,805.37
<br />1,749.00
<br />56.37
<br />103.22%
<br />7,000.00
<br />Payroll Expenses
<br />45,505.30
<br />44,739.00
<br />766.30
<br />101.71%
<br />178,986.00
<br />Payroll Tax Expense
<br />3,469.84
<br />3,477.00
<br />(7.16)
<br />99.79%
<br />13,910.50
<br />Marketing / Advertising
<br />2,388.66
<br />2,400.00
<br />(11.34)
<br />99.53%
<br />2,500.00
<br />Audit Fees
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,500.DO
<br />Bookkeeping Fees
<br />1,503.34
<br />1,125.00
<br />378.34
<br />133.63%
<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 />516.00
<br />500.00
<br />16.00
<br />103.20%
<br />3,000.00
<br />Electricity
<br />674.36
<br />873.00
<br />(198.84)
<br />77.25%
<br />3,500.00
<br />Water
<br />100.56
<br />87.00
<br />13.58
<br />115.69%
<br />350.00
<br />Gas
<br />173.45
<br />170.00
<br />3.45
<br />102.03%
<br />1,000.00
<br />Trash Removal
<br />123.83
<br />99.00
<br />24.83
<br />125.08%
<br />400.00
<br />Intown Auto/Exp Allowance
<br />1,676.53
<br />1,749.00
<br />(72.47)
<br />95-86%
<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 />D.00 °%
<br />1,000.00
<br />Business After Five Exp
<br />82.23
<br />100.00
<br />(17.77)
<br />82.23%
<br />4,500.00
<br />Celebration
<br />20,553.64
<br />20,000.00
<br />553.64
<br />102.77%
<br />20,000.00
<br />Junior Chamber
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />800.00
<br />Blitz
<br />86.52
<br />100.00
<br />(13.48)
<br />86.62%
<br />750.00
<br />Grant Program
<br />7,035.91
<br />0.00
<br />7,035.91
<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 />2,411.78
<br />2,250.00
<br />161.78
<br />107.19%
<br />5,000.00
<br />Staff InsJRetirement
<br />3,877.23
<br />3,000.00
<br />877.23
<br />129.24%
<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 />1,070.65
<br />1,500.00
<br />(429.35)
<br />71.38%
<br />1,500.00
<br />Worker's Comp
<br />905.85
<br />900.00
<br />5.85
<br />100.65%
<br />1,000.00
<br />D & O Liabilly Ins
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,500.00
<br />Long Term Disability
<br />181.41
<br />180.00
<br />1.41
<br />100.78%
<br />200.00
<br />Misc Expenses
<br />340.96
<br />360.00
<br />(19.04)
<br />94.71 %
<br />2,000.00
<br />Furniture 5 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 />220.00
<br />249.00
<br />(29.00)
<br />88.35%
<br />1,000.00
<br />Chamber Membership Bonus
<br />0.00
<br />0.00
<br />..- 0.00
<br />0.001
<br />--11-00000
<br />Total Operating Expenses
<br />96,270.32
<br />87,630.00
<br />8,640.32
<br />0300,876.50
<br />109.86
<br />Operating Income (Loss)
<br />(112.49)
<br />8,050.00
<br />(8,162.49)
<br />(1.40 %
<br />5,223.50
<br />OTHER INCOME
<br />Interest Income
<br />353.33
<br />345.00
<br />8.33
<br />102.41%
<br />1.384.79
<br />Total Other Income
<br />353 33
<br />345 00
<br />6.33
<br />102AI %
<br />_ 7,384.79
<br />Net Income (Loss)
<br />240.84
<br />8,395.00
<br />(8,154.16
<br />2.87,%
<br />fidfi0B.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 financial statements prepared in accordance with the modified cash basis of
<br />accounting are omitted and no assurance is provided
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