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Paris Visitor & Convention Council
<br />Budget to Actual, Year to Date
<br />Modified Cash Basis
<br />For the 1 Month Ended October 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 />1 Month Ended
<br />1 Month Ended
<br />Oct 31, 2020
<br />Oct 31, 2020
<br />Variance
<br />% of Budget
<br />Annual Budget
<br />Actual
<br />Budget
<br />Revenue
<br />Hotel / Motel Occupancy Tax
<br />$ 0.00
<br />$ 0.00
<br />$ 0.00
<br />0.00% $
<br />650,000.00
<br />Hot Money Interest
<br />. 3.19�m....
<br />21.00
<br />X17.81)
<br />15.19».%
<br />250._00
<br />Total Revenue
<br />9.19
<br />21.00(
<br />17.81)
<br />15.12%
<br />650,2511.00
<br />Operating Expenses
<br />Postage
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,000.00
<br />Mise Expenses
<br />0.00
<br />0:00
<br />0.00
<br />0.00%
<br />1,500.00
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,500.00
<br />D & O Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,500.00
<br />Long Tent Disability
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />200.00
<br />Workers Comp
<br />52.15
<br />50.00
<br />2.15
<br />104.30 %
<br />1,000.00
<br />Staff Ins./Retirement
<br />1,239.12
<br />708.00
<br />531.12
<br />175.02%
<br />8,500.00
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />200.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />40,000.00
<br />Out of Town Travel
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,500.00
<br />Intown Auto/Exp Allowance
<br />200.00
<br />208.00
<br />(8.00)
<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 />380.00
<br />500.00
<br />(120.00)
<br />76.00%
<br />6,000.00
<br />Payroll Expenses
<br />61659.88
<br />6,835.00
<br />(175.12)
<br />97.44%
<br />82,025.00
<br />Payroll Tax Expense
<br />504.33
<br />537.00
<br />(32.67)
<br />93.92%
<br />6,450.00
<br />Office Expense
<br />158.50
<br />166.00
<br />(7.50)
<br />96.48%
<br />2,000.00
<br />Communications
<br />602.92
<br />208.00
<br />394.92
<br />289.87%
<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 />37.46
<br />41.00
<br />(3.54)
<br />91.37%
<br />500.00
<br />Motel Tax Transferred to LCC
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />325,000.00
<br />Marketing / Advertising
<br />4,169.72
<br />5,000.00
<br />(830.28)
<br />83.39%
<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 de Paris Exp
<br />7,968.31
<br />8,000.00
<br />(31.69)
<br />99.60%
<br />28,000.00
<br />ASA
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<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 Exp
<br />4,696.81
<br />5,500.00
<br />(803.19)
<br />85.40%
<br />5,500.00
<br />Events Promotion / Funding
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />44,000.00
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<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 />1,000.00
<br />_ 1,000.00
<br />0.00
<br />100.00% w
<br />12,000.00
<br />Total Operating Expenses
<br />39,625.06
<br />41,066.86
<br />J11,441.80
<br />98.49%
<br />706,530.86
<br />Operating Income (Loss)
<br />8?
<br />...... 141,045.86w_
<br />....,_, 1423 98
<br />96.63%
<br />56,280.86
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.44
<br />0.50
<br />(0.06)
<br />85.00%
<br />11000.00
<br />Trolley / Historical
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,000.00
<br />Tour de Paris Income
<br />17,942.78.
<br />18,000.00
<br />(57.22)
<br />99.68%
<br />48,000.00
<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 />426.93
<br />425.00
<br />1.93
<br />100.45%
<br />81000.00
<br />Interest Income
<br />12.53
<br />21.00_
<br />__ ___ __ 47
<br />59.67 %
<br />_ 250.00
<br />Total Not -Hot Income
<br />18,382.68
<br />18,446.5063.82
<br />99.65 %
<br />72,250.00
<br />NOT -HOT EXPENSES
<br />Credit Card Fees
<br />299.30
<br />125.00
<br />174.30
<br />239.44%
<br />1,500.00
<br />Trolley Driver
<br />136.00
<br />150.00
<br />(14,0D)
<br />90.67%
<br />1,800.00
<br />Trolley Expenses
<br />1,973.70
<br />2,000.00
<br />(26.30)
<br />98.69%
<br />5,000.00
<br />Trolley Insurance
<br />198.48
<br />175.00
<br />23.48
<br />113.42%
<br />2,100.00
<br />Souvenir Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,000.00
<br />Misc NH Expense
<br />_______ ...... 19.89
<br />_ 0.00
<br />_ 19.89
<br />0.00%
<br />-
<br />Total Not -Hot Expenses
<br />2,627.37
<br />,450.00
<br />177.37
<br />107.24%
<br />15,400.00
<br />Net Income (Loss)
<br />$ 128866.56
<br />$ (25,049.36)
<br />$ 1182.80
<br />,95.28 %
<br />568.14
<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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