|
Paris Visitor & Convention Council
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For 1 Month Ended March 31, 2021 and 2020 and 6 Months Ended March 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 />1 Month Ended
<br />6 Months Ended
<br />Mar 31, 2021
<br />Mar 31, 2021
<br />Mar 31, 2020
<br />Mar 31, 2020
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel / Motel Occupancy Tax
<br />$ 0.00
<br />$ 0.00
<br />$ 0.00
<br />$ 329,898.48
<br />Hot Money Interest
<br />..._ 227.76
<br />21.00
<br />28723
<br />Total Revenue
<br />227.76
<br />21.00
<br />287.23
<br />330,286.89
<br />OPERATING EXPENSES
<br />Page
<br />14.85
<br />15.00
<br />132.05
<br />345.76
<br />Misc Expenses
<br />0.00
<br />0.00
<br />0.00
<br />452.52
<br />General Liability
<br />0.00
<br />0.00
<br />1,494.00
<br />1,494.00
<br />D & 0 Insurance
<br />0.00
<br />0.00
<br />0.00
<br />1,435.34
<br />Worker's Comp
<br />0.00
<br />0.00
<br />0.00
<br />664.00
<br />Staff Ins./Retirement
<br />1,091.45
<br />708.00
<br />1,193.98
<br />4,363.29
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />0.00
<br />97.72
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />20,000.00
<br />Out of Town Travel
<br />0.00
<br />0.00
<br />231.13
<br />839.46
<br />Intown Auto/Exp Allowance
<br />200.00
<br />208.00
<br />200.00
<br />1,200.00
<br />Membership Dues/Sub.
<br />0.00
<br />0.00
<br />325.00
<br />1,000.00
<br />Audit
<br />0.00
<br />0.00
<br />1,983.00
<br />1,983.00
<br />Bookkeeping
<br />557.00
<br />500.00
<br />413.33
<br />2,629.99
<br />Payroll Expenses
<br />6,790.76
<br />6,835.00
<br />6,859.88
<br />41,133.94
<br />ABBS Wage Re'unburement
<br />0.00
<br />0.00
<br />0.00
<br />(1.632.56)
<br />Payroll Tax Expense
<br />538.73
<br />537.00
<br />526.74
<br />3,264.03
<br />Office Expense
<br />302.21
<br />166.00
<br />207.69
<br />1,403.63
<br />Communications
<br />0.00
<br />208.00
<br />1,107.92
<br />1,626.35
<br />Historical Museum
<br />3,500.00
<br />3,500.00
<br />0.00
<br />0.00
<br />Bank Service Charge
<br />37.46
<br />41.00
<br />7.46
<br />44.76
<br />Motet Tax Transferred to LCC
<br />0.00
<br />0.00
<br />0.00
<br />164,949.24
<br />Marketing/Advertising
<br />2,085.85
<br />2,100.00
<br />7,939.29
<br />20,152.51
<br />Tour de Paris Exp
<br />0.00
<br />0.00
<br />38.97
<br />1,118.05
<br />ASA
<br />0.00
<br />0.00
<br />0.00
<br />208.00
<br />Red Bull Qualifier Exp
<br />2,699.05
<br />0.00
<br />0.00
<br />0.00
<br />Events Promotion / Funding
<br />2,337.50
<br />2,500.00
<br />3,516.50
<br />16,443.00
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<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 />�..�
<br />1,000.00
<br />7,000.00
<br />Total Operating Expenses
<br />21,154.66
<br />18,318.00
<br />26,976.94
<br />310,061.89
<br />Operating Income (Loss)
<br />J2Q927.10)
<br />18,297
<br />26 689.7120,227.00
<br />NOT -HOT INCOME
<br />Mac Income
<br />0.00
<br />0.00
<br />2,000.00
<br />2,096.16
<br />Trolley / Historical
<br />0.00
<br />470.00
<br />(375.00)
<br />2,500.00
<br />Tour de Paris Income
<br />95.00
<br />100.00
<br />860.00
<br />760.00
<br />Red Bull Qualifier
<br />750.00
<br />0.00
<br />0.00
<br />0.00
<br />Souvenir Sales
<br />75.83
<br />75.00
<br />99.35
<br />3,203.84
<br />Interest Income
<br />798.28
<br />21.00
<br />m... 24.10
<br />_ 40.98
<br />Total Other income
<br />1,719.11
<br />666.00
<br />2„408.45
<br />8 700.98
<br />NOT -HOT EXPENSES
<br />Credit Card Fees
<br />322.84
<br />125.00
<br />93.64
<br />830.22
<br />Trolley Driver
<br />0.00
<br />0.00
<br />60.00
<br />1,120.00
<br />Trolley Expenses
<br />0.00
<br />0.00
<br />0.00
<br />2,265.87
<br />Trolley Insurance
<br />194.32
<br />175.00
<br />175.82
<br />1,059.09
<br />Souvenir Exp
<br />0.00
<br />0.00
<br />387.60
<br />2,427.24
<br />Misc NH Expense
<br />0.00
<br />0.00
<br />358.00
<br />358.00
<br />Total Not -Hot Expenses
<br />517.16,
<br />300.00
<br />1 075.06
<br />_,_
<br />w 8,060.42
<br />Net income (Loss)
<br />$ 19 726.15)
<br />$17,931.00)
<br />LjMaE6.32)
<br />$ 20,667 66
<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 />
|