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Love Civic Center
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the 1 Month Ended July 31, 2021 and 2020 and 10 Months Ended July 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 10 Months Ended
<br />Jul 31, 2021
<br />Jul 31, 2021
<br />Jul 31, 2020
<br />Jul 31, 2020
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Motel Tax
<br />$ 0.00
<br />$ 0.00
<br />$ 0.00 $
<br />239,048.04
<br />R.V. Hook Up
<br />272.04
<br />300.00
<br />182.24
<br />3,908.81
<br />Misc Income
<br />0100
<br />0.00
<br />150.00
<br />176.00
<br />Rent
<br />14,757.67
<br />7,916.00
<br />3,169.60
<br />90,238.95
<br />Refunded Deposits
<br />(1,200.00)
<br />(833.00)
<br />0.00
<br />(10,050.00)
<br />Bicycle Rentals
<br />346.46
<br />0.00
<br />276.51
<br />1,973.68
<br />Total Revenue
<br />14,176.17
<br />w 7,393.00
<br />780.35
<br />326,295.48
<br />Operating Expenses
<br />Bank Service Charge
<br />79.66
<br />42.00
<br />11.19
<br />414.80
<br />Communications
<br />213.08
<br />458.00
<br />511.91
<br />4,038.67
<br />Office Expense
<br />57.25
<br />0.00
<br />0.00
<br />832.60
<br />Payroll Expenses
<br />7,443.35
<br />8,333.00
<br />8,404.34
<br />80,768.47
<br />Payroll Tax Expense
<br />561.73
<br />667.00
<br />642.78
<br />6,252.63
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />1,983.00
<br />Bookkeeping
<br />340.66
<br />500.00
<br />341.66
<br />4,031.68
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />324.00
<br />Electricity
<br />3,033.36
<br />3,333.00
<br />2,997.88
<br />23,627.14
<br />Water
<br />305.83
<br />333.00
<br />171.92
<br />2,535.06
<br />Gas
<br />103.97
<br />95.00
<br />0.00
<br />3,094.89
<br />Trash Disposal
<br />695.21
<br />417.00
<br />444.95
<br />4,694.50
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />2,500.00
<br />Small Equipment
<br />0.00
<br />0.00
<br />0.00
<br />465.35
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />18,000.00
<br />Eiffel Tower Lighting/Maint
<br />269.55
<br />300.00
<br />0.00
<br />0.00
<br />Building Maint./Spis/Equip
<br />5,805,65
<br />61000.00
<br />563.03
<br />23,518.87
<br />Security
<br />58.95
<br />229.00
<br />58.95
<br />2,127.75
<br />Staff Ins./Retirement
<br />786.99
<br />708.00
<br />718.011
<br />6,926.47
<br />Building Insurance
<br />0.00
<br />0.00
<br />0.00
<br />4,521.23
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />3,067.05
<br />Workers Comp. Insurance
<br />0.00
<br />0.00
<br />0.00
<br />664.00
<br />Directors & Officers
<br />0.00
<br />0.00
<br />0.00
<br />1,435.33
<br />Long Term Disability
<br />0.00
<br />0.00
<br />0.00
<br />253.23
<br />Misc Expenses
<br />36.74
<br />50.00
<br />0.00
<br />776.26
<br />Ground Maintenance
<br />1,300.33
<br />730.00
<br />0.00
<br />4,398.29
<br />Bicycles & Related Expenses
<br />251.43
<br />100.00
<br />4.56
<br />301.32
<br />Cost of Issuance
<br />0.00
<br />0.00
<br />0.00
<br />63,500.00
<br />Cleaning
<br />0.00
<br />0.00
<br />„ ITIT x17.95
<br />48.37
<br />Total Operating Expenses
<br />21�593.74
<br />22=545 00
<br />15,139.13
<br />285,100.96„
<br />Operating Income (Loss)
<br />_____ 7,417.57
<br />_(76,162.00)
<br />(11358.778
<br />60,194.52
<br />Other Income
<br />Interest Income187.11
<br />17.48.
<br />.. 29.00.
<br />..
<br />� _._ 1,438.66
<br />Total Other Income
<br />17.48
<br />29.00
<br />187.11
<br />1,438.66
<br />Net Income (Loss)
<br />$ 7,400.09
<br />$ 16,133.0j
<br />$ 11 171.67
<br />$ 61,633.18
<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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