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Paris Visitor & Convention Council
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For 1 Month Ended May 31, 2023 and 2022 and 8 Months Ended May 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 />1 Month Ended
<br />8 Months Ended
<br />May 31, 2023
<br />May 31, 2023
<br />May 31, 2022
<br />May 31, 2022
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel / Motel Occupancy Tax
<br />$ 212,263.46
<br />$ 184,750.00
<br />$ 181,955.99
<br />$ 588,605.04
<br />Hot Money Interest
<br />13.80
<br />5.00
<br />5.48
<br />_. 1868.43
<br />Total Revenue
<br />212,277.26
<br />184,755.00
<br />181,961 A7
<br />590,473.47
<br />OPERATING EXPENSES
<br />Postage
<br />29.05
<br />30.00
<br />6.38
<br />265.16
<br />Misc Expenses
<br />60.96
<br />60.00
<br />0.00
<br />426.63
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />1,768.00
<br />D & 0 Insurance
<br />0.00
<br />0.00
<br />0.00
<br />1,559.67
<br />Workers Comp
<br />0.00
<br />0.00
<br />0.00
<br />646.82
<br />Staff InsJRetirement
<br />634.11
<br />744.00
<br />468.37
<br />4,811.53
<br />Chamber Management
<br />12,500.00
<br />12.500.00
<br />12,500.00
<br />37,500.00
<br />Out of Town Travel
<br />12.29
<br />0.00
<br />0.00
<br />313.58
<br />Intown Auto/Exp Allowance
<br />200.00
<br />250.00
<br />200.00
<br />1,500.00
<br />Membership Dues/Sub.
<br />0.00
<br />0.00
<br />0.00
<br />1,100.00
<br />Audit
<br />0.00
<br />0.00
<br />2,666.67
<br />2,666.67
<br />Bookkeeping
<br />956.75
<br />583.00
<br />343.18
<br />4,426.16
<br />Payroll Expenses
<br />7,134.78
<br />7,185.00
<br />6,859.54
<br />54,922.27
<br />Payroll Tax Expense
<br />540.64
<br />566.00
<br />519.60
<br />4,424.70
<br />Office Expense
<br />618.07
<br />600.00
<br />212.85
<br />1,738.69
<br />Communications
<br />223.47
<br />292.00
<br />0.00
<br />2,091.70
<br />Historical Museum
<br />0.00
<br />.0.00
<br />0.00
<br />3,500.00
<br />Bank Service Charge
<br />12.46
<br />42.00
<br />7.46
<br />65.29
<br />Motel Tax Transferred to LCC
<br />106,131.73
<br />92,375.00
<br />90,978.00
<br />294,302.53
<br />Marketing/Advertising
<br />6,072.50
<br />6,000.00
<br />5,543.25
<br />45,326.84
<br />Chaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />213.35
<br />Tour de Paris Exp
<br />642.22
<br />650.00
<br />593.08
<br />2,162.06
<br />ASA'
<br />3,271.00
<br />3,200.00
<br />7,352.44
<br />7,691.44
<br />ASA Indoor Archery Event Exp
<br />0.00
<br />0.00
<br />0.00
<br />1,825.45
<br />TMBRA Bicycle Race Exp
<br />791.00
<br />0.00
<br />0.00
<br />1,458.63
<br />Red Bull Qualifier Exp
<br />862.40
<br />0.00
<br />0.00
<br />0.00
<br />Pump Track Event
<br />1,889.63
<br />2,000.00
<br />750.00
<br />1,500.00
<br />Branding Discovery
<br />0.00
<br />0.00
<br />1,583.33
<br />4,750.01
<br />Jettribe Expense
<br />143.00
<br />150.00
<br />0.00
<br />0.00
<br />Events Promotion / Funding
<br />13,324.50
<br />13,000.00
<br />13,387.50
<br />25,555.33
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />7,000.00
<br />Rent to COC
<br />1,000.00
<br />1,000.00
<br />_ ,000.00
<br />8x000.00
<br />Total Operating Expenses
<br />_, 157,050.56m
<br />mm 141,227.00
<br />144,971.65
<br />523,512.53
<br />Operating Income (Loss)
<br />55,226.70
<br />43,528.00
<br />36,989.82
<br />w 66,960.94
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.00
<br />0.00
<br />0.00
<br />0.25
<br />Trolley / Historical
<br />600.00
<br />200.00
<br />0.00
<br />3,500.00
<br />Tour de Paris Income
<br />5,955.00
<br />6,000.00
<br />2,659.09
<br />14,969.09
<br />ASA Indoor Archery Event
<br />0.00
<br />0.00
<br />0.00
<br />3,390.00
<br />TMBRA Bicycle Race
<br />0.00
<br />0.00
<br />0.00
<br />2,000.00
<br />Pump Track Event Income
<br />0.00
<br />0.00
<br />1,000.00
<br />9,500.00
<br />Jettribe
<br />200.00
<br />200.00
<br />0.00
<br />0.00
<br />Souvenir Sales
<br />163.62
<br />150.00
<br />601.54
<br />3,065.93
<br />Interest Income
<br />202.33
<br />37.00
<br />21.42
<br />157.13
<br />Total Other Income
<br />7,120 95
<br />_a.._ �
<br />6,5 7 00
<br />8
<br />4,2 82 OS
<br />� 36;582.40
<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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