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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, 2022 and 2021 and 10 Months Ended July 31, 2021
<br />1 Month Ended 1 Month Ended 1 Month Ended 10 Months Ended
<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 />Jul 31, 2022
<br />Jul 31, 2022
<br />Jul 31, 2021
<br />Jul 31, 2021
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Motel Tax
<br />$ 0.00
<br />$ 0.00 $
<br />0.00 $
<br />317,608.54
<br />R.V. Hook Up
<br />449.12
<br />450.00
<br />272.04
<br />2,243.38
<br />Misc Income
<br />0.00
<br />0.00
<br />0.00
<br />400.00
<br />Rent
<br />6,842.92
<br />5,450.00
<br />14,757.67
<br />59,783.44
<br />Refunded Deposits
<br />(3,100.00)
<br />(400.00)
<br />(1,200.00)
<br />(9,810.00)
<br />Tower Lighting
<br />0.00
<br />0.00
<br />0.00
<br />292.70
<br />Bicycle Rentals
<br />0.00
<br />0.00
<br />346.46
<br />2,795.16
<br />Total Revenue
<br />. A192.0 ..
<br />5 500.00
<br />.�... ........ �
<br />14,176.77
<br />373 313.22
<br />Operating Expenses
<br />Bank Service Charge
<br />28.06
<br />41.00
<br />79.66
<br />174.08
<br />Communications
<br />313.58
<br />500.00
<br />213.08
<br />4,863.24
<br />Office Expense
<br />377.33
<br />350.00
<br />57.25
<br />771.31
<br />Payroll Expenses
<br />10,025.70
<br />8,583.00
<br />7,443.35
<br />80,842.18
<br />Payroll Tax Expense
<br />774.28
<br />692.00
<br />561.73
<br />6,108.54
<br />Marketing/Advertising
<br />49.50
<br />50.00
<br />0.00
<br />1,022.34
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />2,333.33
<br />Bookkeeping
<br />394.50
<br />583.00
<br />340.66
<br />4,698.34
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />0.00
<br />168.00
<br />Electricity
<br />3,437.40
<br />3,334.00
<br />3,033.36
<br />21,671.50
<br />Water
<br />460.58
<br />417.00
<br />305.83
<br />4,731.44
<br />Gas
<br />0.00
<br />0.00
<br />103.97
<br />4,498.35
<br />Trash Disposal
<br />285.36
<br />417.00
<br />695.21
<br />3,893.94
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />2,660.78
<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 />269.55
<br />620.75
<br />Building Maint./Spls/Equip
<br />21,401.17
<br />21,400.00
<br />5,805.65
<br />53,534.82
<br />Security
<br />0.00
<br />229.00
<br />58.95
<br />1,781.30
<br />Staff Ins./Retirement
<br />786.39
<br />733.00
<br />786.99
<br />7,581.92
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />3,485.55
<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 />Misc Expenses
<br />0.00
<br />150.00
<br />36.74
<br />515.86
<br />Ground Maintenance
<br />3,155.33
<br />708.00
<br />1,300.33
<br />6,067.82
<br />Bicycles &Related Expenses
<br />0.00
<br />_ .„0.00
<br />251.43
<br />1,177.46
<br />Total Operating Expenses
<br />41,739.18
<br />38,437.00
<br />21,693.74 ,
<br />233,383.80
<br />Operating Income (Loss)
<br />37„547..14
<br />__123,937.00
<br />(7,417.557
<br />139 929A2
<br />Other Income
<br />Interest Income
<br />113.91
<br />29.00.,
<br />17.48
<br />552.50
<br />Total Other Income
<br />113.91
<br />29.00
<br />17.48
<br />552.50
<br />Net Income (Loss)$
<br />__ 37,433.23
<br />$ 32,908.00 $
<br />-_ W,
<br />7,400.09 $
<br />140 481.92
<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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