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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
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