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Paris Visitor & Convention Council
<br />Budget to Actual, Year to Date
<br />Modified Cash Basis
<br />For the 9 Months Ended .lune 30, 2022
<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 modi5ed cash basis of
<br />accounting are omitted and no assurance is provided
<br />9 Months Ended
<br />9 Months Ended
<br />Jun 30, 2022
<br />Jun 30, 2022
<br />Variance
<br />% of Budget
<br />Annual Budget
<br />Actual
<br />Budget
<br />Revenue
<br />Hotel / Motel Occupancy Tax
<br />$ 588,605.04
<br />$ 532,500.00 $
<br />56,105.04
<br />110.54%
<br />$ 710,000.00
<br />Hot Money Interest
<br />1,896.10
<br />187.51
<br />1,011.20%
<br />250.00
<br />Total Revenue
<br />590501.14
<br />532,687.51
<br />57,813.63
<br />110.85%
<br />710 250.00
<br />Operating Expenses
<br />Postage
<br />295.02
<br />299.00
<br />(3.98)
<br />98.87%
<br />1,000.00
<br />Misc Expenses
<br />476.63
<br />475.00
<br />1.63
<br />100.34%
<br />1,500.00
<br />General Liability
<br />1,768.00
<br />1,650.00
<br />118.00
<br />107.15%
<br />1,650.00
<br />D & O Insurance
<br />1,559.67 '
<br />1,700.00
<br />(140.33)
<br />91.75%
<br />1,700.00
<br />Long Term Disability
<br />333.17
<br />0.00
<br />333.17
<br />0.00%
<br />0.00
<br />Workers Comp
<br />646.82
<br />645.00
<br />1.82
<br />100.28%
<br />1,000.00
<br />Staff Ins./Retirement
<br />4,944.79
<br />6,561.00
<br />(1,616.21)
<br />75.37%
<br />8,750.00
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />200.00
<br />Chamber Management
<br />37,500.00
<br />37,500.00
<br />0.00
<br />100.00%
<br />50,000.00
<br />Out of Town Travel
<br />313.58
<br />350.00
<br />(36.42)
<br />89.56%
<br />2,000.00
<br />Intown Auto/Exp Allowance
<br />1,700.00
<br />2,250.00
<br />(550.00)
<br />75.56%
<br />3,000.00
<br />Membership Dues/Sub.
<br />1,100.00
<br />850.00
<br />250.00
<br />129.41 %
<br />5,500.00
<br />Audit
<br />2,666.67
<br />3,000.00
<br />(333.33)
<br />88.89%
<br />3,000.00
<br />Bookkeeping
<br />4,957.66
<br />5,248.00
<br />(290.34)
<br />94.47%
<br />7,000.00
<br />Payroll Expenses
<br />61,781.81
<br />63,396.00
<br />(1,614.19)
<br />97.45%
<br />84,525.00
<br />Payroll Tax Expense
<br />4,944.29
<br />4,986.00
<br />(41.71)
<br />99.16%
<br />6,650.00
<br />Office Expense
<br />11909.75
<br />2,250.00
<br />(340.25)
<br />84.88%
<br />3,000.00
<br />Communications
<br />2,091.70
<br />2,627.00
<br />(535.30)
<br />79.62%
<br />3,500.00
<br />Historical Museum
<br />3,500.00
<br />3,500.00
<br />0.00
<br />100.00%
<br />3,500.00
<br />Bank Service Charge
<br />72.75
<br />377.00
<br />(304.25)
<br />19.30%
<br />500.00
<br />Motel Tax Transferred to LCC
<br />294,302.53
<br />266,250.00
<br />28,052.53
<br />110.54%
<br />355,000.00
<br />Marketing / Advertising
<br />48,651.84
<br />49,000.00
<br />(348.16)
<br />99.29%
<br />71,000.00
<br />Chaparral Square Dancers
<br />213.35
<br />250.00
<br />(36.65)
<br />85.34%
<br />2,100.00
<br />Tour de Paris Exp
<br />2,162.08
<br />2,200.00
<br />(37.92)
<br />96.28%
<br />32,000.00
<br />ASA
<br />9,538.71
<br />9,540.00
<br />(1.29)
<br />99.99%
<br />26,500.00
<br />ASA Indoor Archery Event Exp
<br />1,825.45
<br />1,850.00
<br />(2.4.55)
<br />98.67%
<br />2,300.00
<br />SDBA Boat Races
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />7,000.00
<br />TMBRA Bicycle Race Exp
<br />1,658.63
<br />1,650.00
<br />8.63
<br />100.52%
<br />6,500.00
<br />Red Bull Qualifier Exp
<br />172.66
<br />0.00
<br />172.66
<br />0.00%
<br />0.00
<br />Pump Track Event
<br />1,595.00
<br />1,600.00
<br />(5.00)
<br />99.69%
<br />5,000.00
<br />Branding Discovery
<br />6,403.45
<br />4,800.00
<br />1,603.46
<br />133.41 %
<br />10,000.00
<br />Events Promotion / Funding
<br />29,202.33
<br />28,600.00
<br />602.33
<br />102.11 %
<br />46,000.00
<br />Arts Allocation
<br />7,000.00
<br />7,000.00
<br />0.00
<br />100.00%
<br />7,000.00
<br />Rent to COC
<br />%000100
<br />9000.00 _
<br />000
<br />100.00%
<br />12,000.00
<br />Total Operating Expenses
<br />544,288.35
<br />519,404.00
<br />24,884.35
<br />104.79%
<br />770 375.00
<br />Operating Income (Loss)
<br />45,212.79
<br />13,283.51
<br />32,929.28_
<br />347.90 %
<br />_ 60,125.00
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.25
<br />748.00
<br />(747.75)
<br />0.03%
<br />1,000.00
<br />Trolley / Historical
<br />3,800.00
<br />2,300.00
<br />1,500.00
<br />165.22%
<br />5,000.00
<br />Tour de Paris Income
<br />15,539.09
<br />15,600.00
<br />(60.91)
<br />99.61 %
<br />50,000.00
<br />ASA Indoor Archery Event
<br />3,390.00
<br />2,000.00
<br />1,390.00
<br />169.50%
<br />2,006.00
<br />TMBRA Bicycle Race
<br />2,000.00
<br />2,000.00
<br />0.00
<br />100.00%
<br />7,000.00
<br />Pump Track Event Income
<br />9,500.00
<br />5,000.00
<br />4,500.00
<br />190.00%
<br />5,000.00
<br />903 Sunset Concert Series
<br />850.00
<br />0.00
<br />850.00
<br />0.00%
<br />0.00
<br />Souvenir Sales
<br />3,578.78
<br />3,495.00
<br />83.78
<br />102.40%
<br />6,000.00
<br />Interest Income
<br />178.04
<br />187.51
<br />�9.47
<br />N 94.95%
<br />250000
<br />Total Not -Hot Income
<br />__..M,836.116 ,
<br />31,330.51
<br />7„505.65
<br />123.96%
<br />76 250.00
<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 modi5ed cash basis of
<br />accounting are omitted and no assurance is provided
<br />
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