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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 August 31, 2023 and 2022 and 11 Months Ended August 31, 2022
<br />1 Month Ended 1 Month Ended 1 Month Ended 17 Months Ended
<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 />Aug 31, 2023
<br />Aug 31, 2023
<br />Aug 31, 2022
<br />Aug 31, 2022
<br />Actual
<br />Bydget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel / Motel Occupancy Tax
<br />$ 277,415.95
<br />$ 184,750.00
<br />$ 236,461.79
<br />$ 825,066.83
<br />Hot Money Interest
<br />11.70
<br />5.00
<br />_ _8.05
<br />4,053.56
<br />Total Revenue
<br />277,427.65
<br />_
<br />184,755.00
<br />236 469.84
<br />829120.39
<br />OPERATING EXPENSES
<br />Postage
<br />34.77
<br />50.00
<br />3.82
<br />334.64
<br />Mise Expenses
<br />731.19
<br />.700.00
<br />0.00
<br />476.63
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />1,768.00
<br />D & O Insurance
<br />0.00
<br />0.00
<br />0.00
<br />1,559.67
<br />Worker's Comp
<br />0.00
<br />0.00
<br />0.00
<br />648.82
<br />Staff Ins./Retirement
<br />559.59
<br />744.00
<br />671.92
<br />6,696.01
<br />Chamber Management
<br />12,500.00
<br />12,500.00
<br />12,500.00
<br />50,000.00
<br />Out of Town Travel
<br />20.00
<br />•0.00
<br />0.00
<br />313.58
<br />Intown Auto/Exp Allowance
<br />200.00
<br />250.00
<br />200.00
<br />2,100.00
<br />Membership Dues/Sub.
<br />3,799.00
<br />1,775.00
<br />145.00
<br />1,245.00
<br />Audit
<br />4,150.00
<br />3,000.00
<br />0.00
<br />2,666.67
<br />Bookkeeping
<br />472.50
<br />584.00
<br />474.33
<br />5,826.49
<br />Payroll Expenses
<br />7,134.78
<br />7,185.00
<br />6,994.34
<br />75,500.89
<br />Payroll Tax Expense
<br />540.65
<br />566.00
<br />529.91
<br />5,983.47
<br />Office Expense -
<br />479.96
<br />0.00
<br />0:00
<br />2,384.20
<br />Communications
<br />0.00
<br />292.00
<br />0.00
<br />2,194.75
<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 />387.74
<br />467.95
<br />Motel Tax Transferred to LCC
<br />138,707.97
<br />92,375.00
<br />118,230.89
<br />412,533.42
<br />Marketing /Advertising
<br />1,384.44
<br />1.500.00
<br />7,547.75
<br />58,589.76
<br />Cliaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />213.35
<br />Tour de Paris Exp
<br />1,842.40
<br />2,000.00
<br />1.5,577.40
<br />29,898.27
<br />ASA
<br />0.00
<br />0.00
<br />0.00
<br />13,110.21
<br />ASA Indoor Archery Event Exp
<br />0.00
<br />0.00
<br />0.00
<br />1,825.45
<br />SDBA Boat Races
<br />7,000.00
<br />7,000.00
<br />0.00
<br />7,000.00
<br />TMBRA.Bicycle Race Exp
<br />0.00
<br />0.00
<br />11500.00
<br />3,108.63
<br />Red Bull Qualifier Exp
<br />0.00
<br />0.00
<br />0.00
<br />172.66
<br />Pump Track Event -
<br />769.65
<br />800.00
<br />1,023.D4
<br />9,289.89
<br />Branding Discovery
<br />1,250.00
<br />1,250.00
<br />1,583.34
<br />11,153.47
<br />Jettribe Expense
<br />100.00
<br />100.00
<br />0.00
<br />0.00
<br />Events Promotion/ Funding
<br />0.00
<br />0.00
<br />5,325.00
<br />40,966.83
<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 />1,000.00
<br />11,000.00
<br />Total Operating Expenses
<br />_u182 684.36
<br />1313.00
<br />� 3 7
<br />694
<br />173 48
<br />, t
<br />769,526.71
<br />Operating Income (Loss)
<br />94,743.29
<br />_ 51 042.00
<br />62775.36
<br />59L593-68
<br />NOT -HOT INCOME
<br />Mise Income
<br />0.00
<br />0.00
<br />0.00
<br />0.25
<br />Trolley / Historical
<br />300.00
<br />200.00
<br />500.00
<br />4,500.00
<br />Tour de Paris Income
<br />12,776.00
<br />4,900.00
<br />80.00
<br />50,458.09
<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 />1,450.00
<br />3,450.00
<br />Pump Track Event Income
<br />0.00
<br />0.00
<br />509.00
<br />12,924.30
<br />Souvenir Sales
<br />269.58
<br />225.00
<br />348.36
<br />4,891.61
<br />Interest Income
<br />� 210.92
<br />�.�
<br />36.00
<br />102.12
<br />316.12
<br />Total Other Income
<br />13,556.50
<br />5,361.00
<br />.0
<br />2,988.48
<br />79,940.37
<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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