|
Paris Visitor & Convention Council
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For 1 Month Ended February 28, 2023 and 2022 and 5 Months Ended February 28, 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 />1 Month Ended
<br />5 Months Ended
<br />Feb 28, 2023
<br />Feb 28, 2023
<br />Feb 28, 2022
<br />Feb 28, 2022
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel I Motel Occupancy Tax
<br />$ 215,807.65
<br />$ 184,750.00
<br />$ 193,945.26
<br />$ 406,649.05
<br />Hot Money Interest
<br />10.43
<br />5.00
<br />4.08,
<br />......... 1 829.49.._...
<br />Total Revenue
<br />215,818.08
<br />184,755.00
<br />193,949.34
<br />408,478:54
<br />OPERATING EXPENSES
<br />Postage
<br />4.16
<br />5.00
<br />27.77
<br />153.16
<br />Misc Expenses
<br />0.00
<br />0.00
<br />0.00
<br />339,19
<br />D & O Insurance
<br />1,559.67
<br />1,700.00
<br />0.00
<br />1,559.67
<br />Worker's Comp
<br />0.00
<br />0.00
<br />0.00
<br />646.82
<br />Staff Ins./Retirement
<br />478.27
<br />744.00
<br />673.96
<br />3,230.18
<br />Chamber Management
<br />12,500.00
<br />12,500.00
<br />12,500.00
<br />25,000.00
<br />Out of Town Travel
<br />809.78
<br />150.00
<br />0.00
<br />164.52
<br />Intown Auto/Exp Allowance
<br />200.00
<br />250.00
<br />200.00
<br />900.00
<br />Membership Dues/Sub.
<br />100.00
<br />100.00
<br />0.00
<br />100.00
<br />Bookkeeping
<br />0.00
<br />583.00
<br />867.50
<br />2,945.58
<br />Payroll Expenses
<br />6,722.22
<br />7,184.00
<br />6,589.94
<br />34,343.65
<br />Payroll Tax Expense
<br />565.54
<br />565.00
<br />572.16
<br />2,829.10
<br />Office Expense
<br />169.51
<br />150.00
<br />232.92
<br />1,071.57
<br />Communications
<br />350.97
<br />292.00
<br />425.26
<br />2,214.47
<br />Historical Museum
<br />0.00
<br />0.00
<br />0.00
<br />3,500.00
<br />Bank Service Charge
<br />7.46
<br />42.00
<br />7.46
<br />42.91
<br />Motel Tax Transferred to LCC
<br />107,903.83
<br />92,375.00
<br />96,972.63
<br />203,324.53
<br />Marketing / Advertising
<br />9,806.85
<br />10,000.00
<br />4,317.67
<br />26,778.00
<br />Chaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />213.35
<br />Tour de Paris Exp
<br />0.00
<br />0.00
<br />0.00
<br />588.00
<br />ASA Indoor Archery Event Exp
<br />538.13
<br />500.00
<br />1,525.45
<br />1,825.45
<br />TMBRA Bicycle Race Exp
<br />2,746.49
<br />3,000.00
<br />0.00
<br />1,408.63
<br />Events Promotion / Funding
<br />2,737.50
<br />3,000.00
<br />2,025.00
<br />9,157.33
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />7,000.00
<br />Rent to COC
<br />00
<br />...... 1_,000.00
<br />5,000.00
<br />Total Operating Expenses
<br />148,200.38
<br />134,140.00
<br />127 937.72
<br />334 336.11
<br />Operating Income (Loss)
<br />mm 67,617..70
<br />501615.00
<br />66,011.62
<br />74,142.43
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.00
<br />0.00
<br />0.00
<br />0.25
<br />Trolley / Historical
<br />0.00
<br />200.00
<br />250.00
<br />2,850.00
<br />ASA Indoor Archery Event
<br />0.00
<br />0.00
<br />250.00
<br />3,140.00
<br />TMBRA Bicycle Race
<br />8,345.00
<br />0.00
<br />0.00
<br />2,000.00
<br />Souvenir Sales
<br />104.46
<br />100.00
<br />179.08
<br />787.76
<br />Interest Income
<br />.134.11
<br />37.00
<br />18.12
<br />95.31
<br />Total Other Income
<br />8,583.57
<br />337.00
<br />697.20
<br />8,878.32
<br />NOT -HOT EXPENSES
<br />Credit Card Fees
<br />267.50
<br />167.00
<br />297.10
<br />1,189.47
<br />Trolley Driver
<br />0.00
<br />0.00
<br />0.00
<br />687.00
<br />Trolley Expenses
<br />125.00
<br />125.00
<br />1,972.00
<br />2,420.45
<br />Trolley Insurance
<br />190.65
<br />175.00
<br />189.41
<br />951.13
<br />Souvenir Exp
<br />65.00
<br />100.00
<br />_ ... 262.42
<br />614.23
<br />Total Not -Hot Expenses
<br />pe
<br />. 5
<br />0
<br />2 720.93
<br />5,862.28
<br />Net Income (Loss)
<br />76,663,12
<br />m.. 1
<br />$ 50,385.00
<br />,
<br />$ 63„98 7.89
<br />77,153A7n
<br />$
<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 />
|