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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 March 31, 2022 and 2021 and 6 Months Ended March 31, 2021
<br />1 Month Ended 1 Month Ended 1 Month Ended 6 Months Ended
<br />Mar 31, 2022
<br />Mar 31, 2022
<br />Mar 31, 2021
<br />Mar 31, 2021
<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 />409,057.43
<br />Hot Money Interest
<br />29.16
<br />20.83041.16
<br />_1012.03 ...
<br />1
<br />...� �_, _
<br />Total Revenue
<br />29.16
<br />20.83
<br />1,012.03
<br />410,098.59
<br />OPERATING EXPENSES
<br />Postage
<br />22.19
<br />25.00
<br />14.85
<br />78.71
<br />Misc Expenses
<br />36.76
<br />40.00
<br />0.00
<br />1,210.42
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />1,070.65
<br />D & O Insurance
<br />0.00
<br />0.00
<br />0.00
<br />1,559.68
<br />Worker's Camp
<br />0.00
<br />0.00
<br />0.00
<br />621.30
<br />Staff Ins./Retirement
<br />368.15
<br />729.00
<br />1,091.45
<br />5,465.42
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />0.00
<br />51.49
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />20,000.00
<br />Intown Auto/Exp Allowance
<br />200.00
<br />250.00
<br />200.00
<br />1,200.00
<br />Membership Dues/Sub.
<br />1,000.00
<br />750.00
<br />0.00
<br />100.00
<br />Bookkeeping
<br />476.40
<br />583.00
<br />557.00
<br />3,073.66
<br />Payroll Expenses
<br />6,994.34
<br />7,044.00
<br />6,790.76
<br />41,657.62
<br />ABBS Wage Reimburement
<br />0.00
<br />0.00
<br />0.00
<br />(1,752.35)
<br />Payroll Tax Expense
<br />564.46
<br />554.00
<br />590.86
<br />3,345.85
<br />Office Expense
<br />320.62
<br />250.00
<br />302.21
<br />1,731.12
<br />Communications
<br />142.68
<br />292.00
<br />53.09
<br />2,195.07
<br />Historical Museum
<br />0.00
<br />0.00
<br />3,500.00
<br />3,500.00
<br />Bank Service Charge
<br />7.46
<br />42.00
<br />37.46
<br />254.07
<br />Motel Tax Transferred to LCC
<br />0.00
<br />0.00
<br />0.00
<br />204,528.71
<br />Marketing /Advertising
<br />5,545.59
<br />5,600.00
<br />2,085.85
<br />19,795.04
<br />Tour de Paris Exp
<br />0.00
<br />0.00
<br />0.00
<br />9,570.31
<br />ASA
<br />339.00
<br />340.00
<br />0.00
<br />624.94
<br />ASA Indoor Archery Event Exp
<br />0.00
<br />0.00
<br />0.00
<br />318.00
<br />TMBRA Bicycle Race Exp
<br />0.00
<br />0.00
<br />0.00
<br />5,500.00
<br />Red Bull Qualifier Exp
<br />0.00
<br />0.00
<br />2,699.05
<br />2,741.20
<br />Branding Discovery
<br />1,583.34
<br />1,600.00
<br />0.00
<br />0.00
<br />Events Promotion / Funding
<br />2,950.00
<br />3,000.00
<br />2,337.50
<br />6,347.50
<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 />1,000.00
<br />1,000.00
<br />6,000.00
<br />Total Operating Expenses
<br />21,550.99
<br />22,099.00
<br />21,260.08 ,
<br />359,644.27
<br />Operating Income (Loss)21521
<br />83
<br />22 078
<br />20,248.05
<br />50,454.32
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.00
<br />83.00
<br />0.00
<br />10.69
<br />Trolley / Historical
<br />250.00
<br />250.00
<br />0.00
<br />1,700.00
<br />Tour de Paris Income
<br />1,000.00
<br />1,000.00
<br />95.00
<br />18,417.78
<br />ASA Indoor Archery Event
<br />250.00
<br />0.00
<br />0.00
<br />0.00
<br />Red Bull Qualifier
<br />3,500.00
<br />0.00
<br />750.00
<br />17,250.00
<br />Souvenir Sales
<br />572.37
<br />600.00
<br />75.83
<br />867.74
<br />Interest Income
<br />20.01
<br />.�- 20.83
<br />14.01
<br />75.75
<br />Total Other Income
<br />IT 5,592.38
<br />1,953.85
<br />M 934.84
<br />38,321.96
<br />NOT -HOT EXPENSES
<br />Credit Card Fees
<br />137.95
<br />167.00
<br />322.84
<br />1,249.96
<br />Trolley Driver
<br />236.00
<br />250.00
<br />0.00
<br />357.00
<br />Trolley Expenses
<br />275.36
<br />300.00
<br />0.00
<br />2,346.89
<br />Trolley Insurance
<br />189.41
<br />175.00
<br />194.32
<br />1,170.08
<br />Souvenir Exp
<br />909.50
<br />900.00
<br />0.00
<br />132.00
<br />Misc NH Expense
<br />0.00
<br />0.00
<br />0.00
<br />2 519.89,
<br />Total Not -Hot Expenses
<br />____1j48.22
<br />� 1792.00
<br />517.16
<br />7,775 82
<br />Net Income (Loss)
<br />$17,677 67)
<br />$ (21,916.34)
<br />$ (19„830.37 $
<br />81,000.46
<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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