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Paris Visitor & Convention Council
<br />Budget to Actual, Year to Date
<br />Modified Cash Basis
<br />For the 9 Months Ended June 30, 2023
<br />9 Months Ended 9 Months Ended
<br />Jun 30, 2023 Jun 30, 2023 Variance % of Budget Annual Budget
<br />Actual Budget
<br />Revenue
<br />Hotel / Motel Occupancy Tax S 667,325.00 $ 554,250.00 $ 113,075.00 120.40% $ 739,000.00
<br />Hot Money Interest ?a, _ 00 2,808.38, , 6340.81% m _ 60.00
<br />2 45..DD
<br />Total Revenue
<br />670,17 .38
<br />554,295.00
<br />115,883.38
<br />120.91 %
<br />739 080.0q
<br />Operating Expenses
<br />Postage
<br />112.17
<br />125.00
<br />(12.83)
<br />89.74%
<br />1,OOD.00
<br />Misc Expenses
<br />168.56
<br />175.00
<br />(6.44)
<br />96.32%
<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 />1,559.67
<br />1,700.00
<br />(140.33)
<br />91.75%
<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 Ins./Retirement
<br />5,165.89
<br />6,693.00
<br />s (1,527.11)
<br />77.18%
<br />8,925.00
<br />Meetings & Hosting
<br />323.67
<br />100.00
<br />223.67
<br />323.67%
<br />200.00
<br />Chamber Management
<br />37,500.00
<br />37,500.00
<br />0.00
<br />100.00%
<br />50,000.00
<br />Out of Town Travel
<br />2,173.98
<br />1,500.00
<br />673.98
<br />144.93%
<br />1,500.00
<br />Intown Auto/Exp Allowance
<br />1,800.00
<br />2,250.00
<br />(450.00)
<br />80.00%
<br />3,000.00
<br />Membership Dues/Sub.
<br />2,310.00
<br />2,225.00
<br />85.00
<br />103.82%
<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 />5,173.83
<br />5,248.00
<br />(74.17)
<br />98.59%
<br />7,000.00
<br />Payroll Expenses
<br />64,214.29
<br />64,660.00
<br />(445.71)
<br />99.31 %
<br />86,215.00
<br />Payroll Tax Expense
<br />4,950.12
<br />5,087.00
<br />(136.88)
<br />97.31 %
<br />6,785.00
<br />Office Expense
<br />2,540.95
<br />2,500.00
<br />40.95
<br />101.64%
<br />3,000.00
<br />Communications
<br />2,662.02
<br />2,624.00
<br />38.02
<br />101.45%
<br />3,500.00
<br />Historical Museum
<br />3,500.00
<br />3,500.00
<br />0.00
<br />100.00%
<br />3,500.00
<br />Bank Service Charge
<br />79.60
<br />374.00
<br />(294.40)
<br />21.28%
<br />500.00
<br />Motel Tax Transferred to LCC
<br />333,662.51
<br />277,125.00
<br />56,537.51
<br />120.40%
<br />369,500.00
<br />Marketing / Advertising
<br />38,742.35
<br />35,200.00
<br />3,542.35
<br />110.06%
<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 />3,223.98
<br />3,225.00
<br />(1.02)
<br />99.97%
<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 />9,740.72
<br />9,700.00
<br />40.72
<br />100.42%
<br />18,000.00
<br />ASA Indoor Archery Event Exp
<br />1,478.13
<br />1,450.00
<br />28.13
<br />101.94%
<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 />14,315.75
<br />10,000.00
<br />4,315.75
<br />143.16%
<br />10,000.00
<br />Red Bull Qualifier Exp
<br />3,322.96
<br />0.00
<br />3,322.96
<br />0.00%
<br />0.00
<br />Pump Track Event
<br />995.31
<br />2,000.00
<br />(1,004.69)
<br />49.77%
<br />5,000.00
<br />Branding Discovery
<br />3,083.33
<br />3,000.00
<br />83.33
<br />102.78%
<br />10,000.00
<br />Jettribe Expense
<br />6,933.20
<br />6,650,00
<br />283.20
<br />104.26%
<br />10,000.00
<br />Events Promotion / Funding
<br />61,895.50
<br />55,000.00
<br />6,895.50
<br />112.54%
<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 />9,000.00
<br />0.00
<br />100.00%
<br />12 000.00
<br />Total Operating Expenses
<br />628,055.84
<br />556,211.0_0
<br />71,644.84
<br />112.92%
<br />806,325.00
<br />Operating Income (Loss)
<br />42,122.54
<br />w� 1916.00)
<br />44,038.542198.46
<br />% 6T 265,00'
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.00
<br />250.00
<br />(250.00)
<br />0.00%
<br />500.00
<br />Trolley / Historical
<br />8,450.00
<br />3,400.00
<br />5,050.00
<br />248.53%
<br />4,000.00
<br />Tour de Paris Income
<br />28,580.00
<br />28,600.00
<br />(20.00)
<br />99.93%
<br />50,000.00
<br />ASA Indoor Archery Event
<br />1,250.00
<br />0.00
<br />1,250.00
<br />0.00%
<br />2,500.00
<br />TMBRA Bicycle Race
<br />17,830.00
<br />7,000.00
<br />10,830.00
<br />254.71 %
<br />7,000.00
<br />Red Bull Qualifier
<br />4,600.00
<br />0.00
<br />4,600.00
<br />0.00%
<br />0.00
<br />Pump Track Event Income
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,000.00
<br />dettribe
<br />1,560.00
<br />1,500.00
<br />60.00
<br />104.00%
<br />10,000.00
<br />Prospective Event Income
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />40,000.00
<br />Souvenir Sales
<br />3,094.88
<br />2,985.00
<br />109.88
<br />103.68%
<br />4,500.00
<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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