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Paris Visitor & Convention Council <br />Budget to Actual, Year to Date <br />Modified Cash Basis <br />For the 2 Months Ended November 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 modified cash basis of <br />accounting are omitted and no assurance is provided <br />2 Months Ended <br />2 Months Ended <br />Nov 30, 2022 <br />Nov 30, 2022 <br />Variance <br />°% of Budget <br />Annual Budget <br />Actual <br />Budget <br />Revenue <br />Hotel / Motel Occupancy Tax <br />$ 239,253.89 <br />$ 184,750.00 <br />$ 54,503.89 <br />129.50% <br />S 739,000.00 <br />Hot Money Interest <br />_ '30.91 <br />10.00 <br />20.91 <br />309.10% <br />_ 60.00 <br />Total Revenue <br />239,284.80 <br />184,760.00 <br />54,524.80, <br />129.61% <br />73g,060.00 <br />Operating Expenses <br />Postage <br />15.80 <br />20.00 <br />(420) <br />79.00% <br />1,000.00 <br />Mise Expenses <br />17.61 <br />20.00 <br />(2.39) <br />88.05% <br />1,000.00 <br />General Liability <br />0.00 <br />0.00 <br />0.00 <br />0.00% <br />2,000.00 <br />DA 0 Insurance <br />0.00 <br />0.00 <br />0.00 <br />0.00% <br />1,700.00 <br />Worker's Comp <br />53.63 <br />50.00 <br />3.63 <br />107.26% <br />1,000.00 <br />StafflnsJRetirement <br />1,112.36 <br />1,486.00 <br />(373.64) <br />74.86% <br />8,925.00 <br />Meetings & Hosting <br />26.47 <br />25.00 <br />1.47 <br />105.88% <br />200.00 <br />Chamber Management <br />12,500.00 <br />12,500,00 <br />0.00 <br />100.00% <br />50,000.00 <br />Out of Town Travel <br />0.00 <br />0.00 <br />0.00 <br />0,00% <br />1,500.00 <br />Intown Auto/Exp Allowance <br />400.00 <br />500.00 <br />(100.00) <br />80.00% <br />3,000.00 <br />Membership Dues/Sub. <br />825.00 <br />800.00 <br />25.00 <br />103.13% <br />4,000.00 <br />Audit <br />0.00 <br />0.00 <br />0.00 <br />0.60% <br />3,000.00 <br />Bookkeeping <br />1,147.00 <br />1,166.00 <br />(19.00) <br />98.37% <br />7,000.00 <br />Payroll Expenses <br />13,857.00 <br />14,368.00 <br />(511.00) <br />96.44% <br />86,215.00 <br />Payroll Tax Expense <br />1,049.72 <br />1,130.00 <br />(80.28) <br />92.90% <br />6,785.00 <br />Office Expense <br />423.38 <br />450.00 <br />(26.62) <br />94.08% <br />3,000.00 <br />Communications <br />304.17 <br />582.00 <br />(277.83) <br />52.26% <br />31500.00 <br />Historical Museum <br />0.00 <br />0.00 <br />0.00 <br />0.00% <br />3,500.00 <br />Bank Service Charge <br />18.65 <br />82.00 <br />(63.35) <br />22.74% <br />500.00 <br />Motel Tax Transferred to LCC <br />119,626.95 <br />92,375.00 <br />27,251.95 <br />129.50% <br />369,500.00 <br />Marketing /Advertising <br />4,700.00 <br />4,700.00 <br />0.00 <br />100.00% <br />73,900.00 <br />Chaparral Square Dancers <br />(172.50) <br />0.00 <br />(172.50) <br />0.00% <br />2,100.00 <br />Tour de Paris Exp <br />175,00 <br />175.00 <br />0.00 <br />100.00% <br />32,000.00 <br />Lamar Ca Days in Austin Exp <br />0.00 <br />0.00 <br />0.00 <br />0.00% <br />5,000.00 <br />ASA <br />0.00 <br />0.00 <br />0.00 <br />0.00% <br />18,000.00 <br />ASA Indoor Archery Event Exp <br />0.00 <br />0.00 <br />0.00 <br />0.00% <br />2,000.00 <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 />0.00 <br />0.00 <br />0.00 <br />0.00% <br />10,000.00 <br />Pump Track Event <br />0.00 <br />0.00 <br />0.00 <br />0.00% <br />5,000.00 <br />Events Promotion I Funding <br />9,831.75 <br />10,000.00 <br />(168.25) <br />98.32% <br />55,000.00 <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 />2,000.00 <br />2,000.00 <br />0.00 <br />100,00% <br />12,000.00 <br />Total Operating Expenses <br />774911.99, <br />148,428.00 <br />25,482.99, <br />117.05% <br />7 <br />Operating Income(Loss) <br />29,041.81 <br />182.20% <br />(47,265.00 <br />NOT -HOT INCOME <br />Misc Income <br />0.00 <br />0.00 <br />0.00 <br />0.00% <br />500.00 <br />Trolley/ Historical <br />2,000.00 <br />2,000.00 <br />0.00 <br />100.00°% <br />4,000.00 <br />Tour de Paris Income <br />0.00 <br />0.00 <br />0.00 <br />0.00% <br />50,000.00 <br />ASA Indoor Archery Event <br />0.00 <br />0.00 <br />0.00 <br />0.00% <br />2,500.00 <br />TMBRA Bicycle Race <br />0.00 <br />0.00 <br />0.00 <br />0.00% <br />7,000.00 <br />Pump Track Event Income <br />0.00 <br />0.00 <br />0.00 <br />0.00% <br />5,000.00 <br />Souvenir Sales <br />1,353.84 <br />1,350.00 <br />3.84 <br />100.28 "A <br />4,500.00 <br />Interest Income <br />234.96 <br />72.00 <br />162.96 <br />326.33% <br />440.00 <br />Total Not -Hot Income <br />3,588.80 <br />3,422.00 <br />166.80 <br />104.87% <br />73,940.00 <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 modified cash basis of <br />accounting are omitted and no assurance is provided <br />