|
Love Civic Center
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the 1 Month Ended February 28, 2022 and 2021 and 5 Months Ended. February 28, 2021
<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 />5 Months Ended
<br />Feb 28, 2022
<br />Feb 28, 2022
<br />Feb 28, 2021
<br />Feb 28, 2021
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Motel Tax
<br />$ 96,972.63
<br />$ 88,750.00
<br />$ 95,788.30
<br />$ 204,528.71
<br />R.V. Hook Up
<br />101.02
<br />100.00
<br />0.00
<br />721.98
<br />Misc Income
<br />0.00
<br />0.00
<br />0.00
<br />400.00
<br />Rent
<br />8,947.92
<br />9,000.00
<br />(1,300.00)
<br />18,340.10
<br />Refunded Deposits
<br />(1,400.00)
<br />(1,400.00)
<br />(2,200.00)
<br />(3,710.00)
<br />Bicycle Rentals._,
<br />0.00
<br />0.00
<br />144.49
<br />._.. 160.20
<br />Total Revenue
<br />104,621.57
<br />96,450.00
<br />92,432.79
<br />.220,440.99
<br />Operating Expenses
<br />Bank Service Charge
<br />3.74
<br />42.00
<br />7.46
<br />43.97
<br />Communications
<br />442.58
<br />500.00
<br />1,397.60
<br />3,698.32
<br />Office Expense
<br />9.99
<br />10.00
<br />0.00
<br />564.61
<br />Payroll Expenses
<br />3,778.87
<br />8,583.00
<br />7,484.40
<br />40,899.67
<br />Payroll Tax Expense
<br />263.77
<br />692.00
<br />583.57
<br />3,146.22
<br />Marketing I Advertising
<br />0.00
<br />0.00
<br />66.00
<br />790.34
<br />Bookkeeping _
<br />867.50
<br />583.00
<br />575.00
<br />2,516.68
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />168.00
<br />Electricity
<br />2,316.10
<br />3,333.00
<br />1,794.71
<br />9,570.53
<br />Water
<br />210.14
<br />417.00
<br />59.69
<br />2,938.55
<br />Gas
<br />1,381.88
<br />1,300.00
<br />772.50
<br />2,419.91
<br />Trash Disposal
<br />256.04
<br />417.00
<br />989.32
<br />2,462.26
<br />Intown Auto Exp Allowance
<br />0.00
<br />250.00
<br />250.00
<br />11410.78
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />18,000.00
<br />Eiffel Tower Lighting/Maint
<br />0.00
<br />0.00
<br />351.20
<br />351.20
<br />Building Maint./Spis/Equip
<br />5,220.45
<br />5,200.00
<br />7,119.46
<br />32,993.33
<br />Security
<br />58.95
<br />229.00
<br />58.95
<br />351.75
<br />Staff Ins./Retirement
<br />635.81
<br />733.00
<br />563.94
<br />3,991.42
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />1,070.65
<br />Workers Comp. Insurance
<br />0.00
<br />0.00
<br />0.00
<br />621.31
<br />Directors & Officers
<br />0.00
<br />0.00
<br />0.00
<br />1,559.64
<br />Long Term Disability
<br />113.84
<br />0.00
<br />0.00
<br />0.00
<br />Misc Expenses
<br />141.52
<br />150.00
<br />54.99
<br />331.44
<br />Ground Maintenance
<br />618.33
<br />708.00
<br />582.50
<br />2,912.50
<br />Bicycles & Related Expenses
<br />..................... 0.00
<br />��................... 00.00
<br />_...................-....� 0.34
<br />......... �.. 0.34
<br />Total Operating Expenses
<br />___161379.61
<br />23,147.00
<br />22,711.63
<br />132„813.42
<br />Operating Income (Loss)
<br />____881302.06
<br />7303.00
<br />69,727.15
<br />87627.57
<br />Other Income
<br />Interest Income
<br />19.04
<br />29.00
<br />14.21
<br />369.82
<br />Total Other Income
<br />1.9.04
<br />29.00
<br />14.21
<br />369.82
<br />Net Income (Loss)
<br />.2.
<br />L_" BB 321, 10
<br />00
<br />L__,_73 33 . L
<br />$ 69.735.37
<br />5 X87 997.39
<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 />
|