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Paris Visitor & Convention Council
<br />Budget to Actual, Year to Date
<br />Modified Cash Basis
<br />For the 2 Months Ended November 30, 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 />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 />Hotel / Motel Occupancy Tax
<br />$ 217,480.83
<br />$ 162,500.00 $
<br />54,980.83
<br />133.83% $
<br />650,000.00
<br />Hot Money Interest
<br />. 4
<br />42.00
<br />. ....... _ 32,86
<br />_ 21.76%
<br />250.00
<br />Total Revenue
<br />217,489.97
<br />162,542.00
<br />64,947.97
<br />133.81%
<br />650,250.00
<br />Operating Expenses
<br />Postage
<br />32.82
<br />35.00
<br />(2.18)
<br />93.77%
<br />1,000.00
<br />Misc Expenses
<br />33.36
<br />35.00
<br />(1.64)
<br />95.31 %
<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 & 0 Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,500.00
<br />Long Term 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 />11000.00
<br />Staff Ins./Retirement
<br />1,930.26
<br />1,416.00
<br />514.26
<br />136.32%
<br />8,500.00
<br />Meetings & Hosting
<br />51.49
<br />50.00
<br />1.49
<br />102.98%
<br />200.00
<br />Chamber Management
<br />10,000.00
<br />10,000.00
<br />0.00
<br />100.00%
<br />40,000.00,
<br />Out of Town Travel
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />11500.00
<br />Intown Auto/Exp Allowance
<br />400.00
<br />416.00
<br />(16.00)
<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 />895.00
<br />1,000.00
<br />(105.00)
<br />89.50%
<br />6,000.00
<br />Payroll Expenses
<br />13,188.88
<br />13,670.00
<br />(481.12)
<br />98.48%
<br />82,025.00
<br />Payroll Tax Expense
<br />998.64
<br />1,074.00
<br />(75.36)
<br />92.98%
<br />6,450.00
<br />Office Expense
<br />542.96
<br />332.00
<br />210.96
<br />163.54%
<br />2,000.00
<br />Communications
<br />922.80
<br />416.00
<br />506.80
<br />221.83%
<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 />104.69
<br />82.00
<br />22.69
<br />127.67%
<br />500.00
<br />Motel Tax Transferred to LCC
<br />108,740.41
<br />81,250.00
<br />27,490.41
<br />133.83%
<br />325,000.00
<br />Marketing / Advertising
<br />6,478.00
<br />7,500.00
<br />(1,022.00)
<br />86.37-%
<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 />9,470.31
<br />9,500.00
<br />(29.69)
<br />99.69%
<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 />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,500.00
<br />Events Promotion / Funding
<br />3,100.00
<br />3,000.00
<br />100.00
<br />103.33%
<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 />.DO
<br />2,000.00
<br />0.00
<br />100-00%
<br />712
<br />.._.._. 12,000.00
<br />Total Oeratin Expenses
<br />Total p g p
<br />1170,897-63
<br />144,139.86
<br />26,7A7.
<br />118.66%
<br />706,530.86
<br />Operating Income (Loss)
<br />46,592.34
<br />18„402.14
<br />28,190.20
<br />263.19 %66280.86
<br />NOT -HOT INCOME
<br />Misc Income
<br />: 0.44
<br />0.50
<br />(0.06)
<br />88.00%
<br />1,000.00
<br />Trolley / Historical
<br />300.00
<br />300.00
<br />0.00
<br />100.00%
<br />5,000.00
<br />Tour de Paris Income
<br />17,942.78
<br />18,000.00
<br />(57.22)
<br />99.68%
<br />49,000.00
<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 />557.97
<br />575.00
<br />(17.03)
<br />97.04%
<br />8,000.00
<br />Interest Income
<br />25.05
<br />42.00
<br />16 95
<br />59.64%
<br />250.00
<br />Total Not -Hot Income
<br />18„826.24
<br />18,917.50
<br />.... 91.2B�
<br />99.52 %
<br />72,250.00WWWW
<br />NOT -HOT EXPENSES
<br />Credit Card Fees
<br />611.37
<br />250.00
<br />361.37
<br />244.55%
<br />1,500.00
<br />Trolley Driver
<br />136.00
<br />150.00
<br />(14.00)
<br />90.57%
<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 />392.80
<br />350.00
<br />42.80
<br />112.23%
<br />21100.00
<br />Souvenir Exp
<br />132.00
<br />150.00
<br />(18.00)
<br />88.00%
<br />51000.00
<br />Misc NH Expense
<br />19.89
<br />0.00
<br />19.89
<br />0.00%
<br />0000
<br />Total Not -Hot Expenses
<br />3,266.76
<br />2,900.00
<br />365.76
<br />112.61 %
<br />15,400.00
<br />Not Income Loss
<br />(Loss)
<br />$ 62 152.82
<br />$ 34,419.64 $
<br />27,733.18
<br />.... 180.67%
<br />569.14
<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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