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Love Civic Center
<br />Budget to Actual, Year -to -Date
<br />Modified Cash Basis
<br />For the 1 Month Ended October 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 />1 Month Ended
<br />1 Month Ended
<br />Oct 31, 2022
<br />Oct 31, 2022
<br />Variance
<br />% of Budget Annual Budget
<br />Actual
<br />Budget
<br />REVENUE
<br />Motel Tax
<br />$ 0.00
<br />$ 0.00 $
<br />0.00
<br />0.00% $
<br />355,000.00
<br />R.V. Hook Up
<br />1,252.34
<br />1,200.00
<br />52.34
<br />104.36%
<br />7,500.00
<br />Mise Income
<br />100.00
<br />100.00
<br />0.00
<br />100.00%.
<br />1,000.00
<br />Rent
<br />21,896.30
<br />17,000.00
<br />4,896.30
<br />128.80%
<br />85,000.00
<br />Refunded Deposits
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />(10,000.00)
<br />Tower Lighting
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />400.00
<br />Bicycle Rentals
<br />0.00
<br />.._ 0.00
<br />0.00
<br />0.00%
<br />250000
<br />Total Revenue
<br />,248.64
<br />18,300,00
<br />4 948.64
<br />127.04% M
<br />441,400.00
<br />Gross Profit
<br />..-.,...--23,246.64
<br />.� 18,300.00
<br />4,948.64
<br />127.04%
<br />447,400.00
<br />OPERATING EXPENSES
<br />Branding Discovery
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />10,000.00
<br />Bank Service Charge
<br />14.93
<br />41.00
<br />(26.07)
<br />36.41 %
<br />500.00
<br />Communications
<br />161,02
<br />500.00
<br />(338:98)
<br />32.20%
<br />6,000.00
<br />Office Expense
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,500.00
<br />Payroll Expenses
<br />13,490,52
<br />10,557,00
<br />2,933.52
<br />127.79%
<br />103,000.00
<br />Payroll Tax Expense
<br />1,032.59
<br />834,00
<br />198.59
<br />123.81%
<br />8,300.00
<br />Marketing / Advertising
<br />1,000.00
<br />833.00
<br />167.00
<br />120.05%
<br />5,000,00
<br />Audit
<br />0.00
<br />0,00
<br />0.00
<br />0.00%
<br />3,000.00
<br />Bookkeeping
<br />649.50
<br />583.00
<br />66.50
<br />111AI %
<br />7,000.00
<br />Electricity
<br />3,804.55
<br />3,800.00
<br />4.55
<br />100.12%
<br />40,000.00
<br />Water
<br />1,248.38
<br />416.00
<br />832.38
<br />300.09%
<br />5,000.00
<br />Gas
<br />0.00
<br />0.00
<br />0.00
<br />0,00%
<br />5,000.00
<br />Trash Disposal
<br />0.00
<br />416.00
<br />(416.00)
<br />0100%
<br />5,000.00
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />0.00
<br />100.00%
<br />3,000.00
<br />Small Equipment
<br />0.00
<br />0.00
<br />0.00
<br />0.60%
<br />1,000,00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />25,000.00
<br />Eiffel Tower Lighting/Maint
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Building Maint./Spls/Equip
<br />6,647.10
<br />7,000.00
<br />(352.90)
<br />94.96%
<br />99,000.00
<br />Security
<br />99.95
<br />333.00
<br />(233.05)
<br />30.02%
<br />2,750.00
<br />Staff Ins./Retirement
<br />620.53
<br />748.00
<br />(127.47)
<br />82.96%
<br />8,800.00
<br />Building Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,000.00
<br />General Uabillty
<br />0.00
<br />0,00
<br />0.00
<br />0.00%
<br />3,700.00
<br />Workers Comp. Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,400.00
<br />Directors & Officers
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Misc Expenses
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,500.00
<br />Ground Maintenance
<br />620.00
<br />708.00
<br />(88.00)
<br />87.57%
<br />8,500.00
<br />Bicycles & Related Expenses
<br />787.07
<br />750.00
<br />37.07
<br />104.94%
<br />1,500.00
<br />Capital Improvements
<br />0.00
<br />_ 000
<br />0.00
<br />0.00%
<br />76„950.00
<br />Total Operating Expenses
<br />30,426.14
<br />27,769.00
<br />_ 2,667.14
<br />109.57%
<br />441,400.00
<br />Operating income (Loss)
<br />(71177.50)
<br />� 9 469.00'
<br />69...J,
<br />2,291.50
<br />°
<br />75.80 1°
<br />0.00
<br />OTHER INCOME
<br />Interest Income
<br />190.22
<br />29.00
<br />161.22
<br />655.93%
<br />350.00
<br />Total Other Income
<br />190.22
<br />29.00
<br />161,22
<br />656.93%
<br />350.00
<br />Net Income Loss
<br />6 987.28
<br />8440.00
<br />2 452,72
<br />74.02% $
<br />350.0,,,,,,.
<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 />
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