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Paris Visitor & Convention Council
<br />Budget to Actual, Year to Date
<br />Modified Cash Basis
<br />For the 3 Months Ended December 31, 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 />3 Months Ended
<br />3 Months Ended
<br />Dec 31, 2022
<br />Dec 31, 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 />$ 739,000.00
<br />Money
<br />Hot Mone Interest
<br />.03
<br />15.00
<br />40.03
<br />366.87%
<br />60.00
<br />Total Revenue
<br />2
<br />184j85.00
<br />54,543.92
<br />199.52%
<br />739,060.00
<br />Operating Expenses
<br />Postage
<br />47.15
<br />50.00
<br />(2.85)
<br />94.30%
<br />1,000.00
<br />Misc Expenses
<br />72.60
<br />80.00
<br />(7.40)
<br />90.75%
<br />1,000.00
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />D & O Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,700.00
<br />Worker's Comp
<br />599.85
<br />600.00
<br />(0.15)
<br />99.98%
<br />1,000.00
<br />Staff InsJRetirement
<br />1,675.65
<br />2,229.00
<br />(553.35)
<br />75,17%
<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 />1,203.50
<br />1,200.00
<br />3.50
<br />100.29%
<br />1,500.00
<br />Intown Auto/Exp Allowance
<br />600.00
<br />750.00
<br />(150.00)
<br />80.00%
<br />3,000.00
<br />Membership Dues/Sub.
<br />1,075.00
<br />1,050.00
<br />25.00
<br />102.38%
<br />4,000.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,000.00
<br />Bookkeeping
<br />1,775.00
<br />1,749.00
<br />26.00
<br />101.49%
<br />7,000.00
<br />Payroll Expenses
<br />22,505.77
<br />21,552.00
<br />953.77
<br />104.43%
<br />86,215.00
<br />Payroll Tax Expense
<br />1,706.19
<br />1,695.00
<br />11.19
<br />100.56%
<br />6,785.00
<br />Office Expense
<br />692.95
<br />750.00
<br />(57.05)
<br />92.39%
<br />3,000.00
<br />Communications
<br />575.19
<br />873.00
<br />(297.81)
<br />65.89%
<br />3,500.00
<br />Historical Museum
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,500.00
<br />Bank Service Charge
<br />29.84
<br />123.00
<br />(93.16)
<br />24.26%
<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 />6,369.00
<br />6,400.00
<br />(31.00)
<br />99.52%
<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 Co 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 />4,500.00
<br />4,500.00
<br />0.00
<br />100.00%
<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 / Funding
<br />14,073.61
<br />14,300.00
<br />(226.39)
<br />98.42%
<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 COC3,000.001200000
<br />3,000.00
<br />_w_� 0.00
<br />100.00 %
<br />-
<br />Total Operating Expenses P g P
<br />7,76.
<br />26,681.22
<br />115.42%
<br />786,325.00
<br />Operating Income (Loss)
<br />39,651.70
<br />110789.0Q
<br />27,862.70
<br />336.34%
<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 />6,950.00
<br />2,200.00
<br />4,750.06
<br />315.91 %
<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 />1,741.14
<br />1,750.00
<br />(8.86)
<br />99.49%
<br />4,500.00
<br />Interest Income
<br />370.52
<br />109:00
<br />261.62
<br />340.02%
<br />440.00
<br />Total Not -Hot Income
<br />_ 9,061.76
<br />4,059.00
<br />�® 5,002.76
<br />223.25%
<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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