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Paris Visitor & Convention Council
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For 1 Month Ended November 30, 2020 and 2019 and 2 Months Ended November 30, 2019
<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 />1 Month Ended
<br />2 Months Ended
<br />Nov 30, 2020
<br />Nov 30, 2020
<br />Nov 30, 2019
<br />Nov 30, 2019
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel ! Motel Occupancy Tax
<br />$ 217,480.83
<br />$ 162,500.00
<br />$ 225,538.76
<br />$ 225,538.76
<br />Hot Money Interest
<br />5.95
<br />21.00
<br />4.81
<br />6.18
<br />Total Revenue
<br />2178486.78
<br />162,621.00
<br />226,543.67
<br />2p 544.94
<br />OPERATING EXPENSES.
<br />Postage
<br />32.82
<br />35.00
<br />10.70
<br />60.54
<br />Misr. Expenses
<br />33.36
<br />35.00
<br />0.00
<br />7.66
<br />Staff InsJRetirement
<br />691.14
<br />708.00
<br />339.54
<br />847.96
<br />Meetings & Hosting
<br />51.49
<br />50.00
<br />66.19
<br />66.19
<br />Chamber Management
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />101000.00
<br />Out of Town Travel
<br />0.00
<br />0.00
<br />77.80
<br />90.74
<br />Intown Auto/Exp Allowance
<br />200.00
<br />208.00
<br />200.00
<br />400.00
<br />Membership Dues/Sub.
<br />0.00
<br />0.00
<br />0.00
<br />675.00
<br />Bookkeeping
<br />515.00
<br />'500.00
<br />513.33
<br />938.33
<br />Payroll Expenses
<br />6,529.00
<br />6,835.00
<br />6,529.00
<br />13,31.9.76
<br />Payroll Tax Expense
<br />494.31
<br />537.00
<br />494.29
<br />1,008.62
<br />Office Expense
<br />329.21
<br />166.00
<br />251.39
<br />341.45
<br />Communications
<br />319.88
<br />208.00
<br />174.21
<br />301.58
<br />Bank Service Charge
<br />37.23
<br />41.00
<br />7.46
<br />14.92
<br />Motel Tax Transferred to LCC
<br />108,740.41
<br />81,250.00
<br />112,769.38
<br />112,769.38
<br />Marketing I Advertising
<br />2,449.00
<br />2,500.00
<br />143.75
<br />6,987.16
<br />Tour de Parid Exp
<br />1,502.00
<br />1,5DO.00
<br />0.00
<br />0.00
<br />Events Promotion I Funding
<br />3,100.00
<br />3,ODO.00
<br />3,109.00
<br />9,724.00
<br />Arts Allocation
<br />0.00
<br />0.00
<br />7,000.00
<br />7,000.00
<br />Baseball Field Lighting
<br />0.00
<br />0.00
<br />0.00
<br />11,855.86
<br />Rent to COC
<br />_ ....___1,000.00
<br />100000
<br />1,000.00
<br />2,0
<br />Total Operating Expenses
<br />P 9 p
<br />136,024.86
<br />108,673.00
<br />742,686.04
<br />178,409.15
<br />Operating Income (Loss)
<br />81,461.93
<br />53,948.00
<br />62,857.53
<br />47,135.79
<br />NOT -HOT INCOME
<br />Mise Income
<br />0.00
<br />0.00
<br />0.00
<br />1.53
<br />Trolley f Historical
<br />300.00
<br />300.00
<br />0.00
<br />550.00
<br />Souvenir Sales
<br />131.04
<br />150.00
<br />332.74
<br />1,391.97
<br />Interest,income
<br />12.52
<br />.- 21.00
<br />22.98
<br />47.83
<br />Total Other Income
<br />443.66
<br />471.00
<br />365.72
<br />1,991.35
<br />NOT -HOT EXPENSES
<br />Credit Card Fees
<br />312.07
<br />125.00
<br />274.44
<br />359.85
<br />Trolley Driver
<br />0.00
<br />0.00
<br />75.00
<br />255.00
<br />Trolley Expenses
<br />0.00
<br />0.00
<br />1,634.72
<br />1,634.72
<br />Trolley Insurance
<br />194.32
<br />175.00
<br />175.83
<br />355.81
<br />Souvenir Fxp
<br />132.00
<br />150.00
<br />702.10
<br />1,489.64
<br />Total Not -Hot Expenses
<br />638.39
<br />450.00
<br />2,862.09
<br />4,095.02
<br />Net Income (Loss)
<br />$ 81,2q,7.10
<br />$ 53,969.00
<br />$ 80 351.16
<br />$ 45 032.10
<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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