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Paris Visitor & Convention Council
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For'I Month Ended July 31, 2023 and 2022 and 10 Months Ended July 31, 2022
<br />1 Month Ended 1 Month Ended 1 Month Ended 10 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 />Jul 31, 2023
<br />Jul 31, 2023
<br />Jul 31, 2022
<br />Jul 31, 2022
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel / Motel Occupancy Tax
<br />$ 0.00
<br />$ 0.00
<br />$ 0.00
<br />$ 588,605.04
<br />Hot Money Interest
<br />5.38
<br />5.00
<br />2,149.41
<br />Total Revenue
<br />5.38
<br />5.00
<br />2,149A1
<br />592,650.55
<br />OPERATING EXPENSES
<br />Postage
<br />0.00
<br />0.00
<br />35.80
<br />330.82
<br />Misc Expenses
<br />22.71
<br />25.00
<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 />646.82
<br />Staff Ins./Retirement
<br />566.47
<br />744.00
<br />746.13
<br />6,024.09
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />37,500.00
<br />Out of Town Travel
<br />0.00
<br />0.00
<br />0.00
<br />313.58
<br />Intown Auto/Exp Allowance
<br />200.00
<br />250.00
<br />200.00
<br />1,900.00
<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 />0.00
<br />2,666.67
<br />Bookkeeping
<br />843.50
<br />584.00
<br />394.50
<br />5,352.16
<br />Payroll Expenses
<br />5,859.74
<br />7,185.00
<br />6,724.74
<br />68,506.55
<br />Payroll Tax Expense
<br />519.61
<br />566.00
<br />509.27
<br />5,453.56
<br />Office Expense
<br />743.75
<br />500.00
<br />474.45
<br />2,384.20
<br />Communications
<br />234.25
<br />292.00
<br />103.05
<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 />7.46
<br />80.21
<br />Motel Tax Transferred to LCC
<br />0.00
<br />0.00
<br />0.00
<br />294,302.53
<br />Marketing/Advertising
<br />3,096.66
<br />3,100.00
<br />2,390.17
<br />51,042.01
<br />Chaparral Square Dancers
<br />30.92
<br />50.00
<br />0.00
<br />213.35
<br />Tour de Paris Exp
<br />15,253.10
<br />15,500.00
<br />12,158.79
<br />14,320.87
<br />ASA
<br />1,365.04
<br />1,300.00
<br />3,806.50
<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 />0.00
<br />0.00
<br />7,000.00
<br />7,000.00
<br />TMBRA Bicycle Race Exp
<br />0.00
<br />0.00
<br />0,00
<br />1,608.63
<br />Red Bull Qualifier Exp
<br />0.00
<br />0.00
<br />0.00
<br />172.66
<br />Pump Track Event
<br />222.42
<br />250.00
<br />6,671.85
<br />8,266.85
<br />Branding Discovery
<br />1,250.00
<br />1,250.00
<br />3,166.67
<br />9,570.13
<br />Jettribe Expense
<br />2,159.85
<br />2,500.00
<br />D.00
<br />0.00
<br />Events Promotion / Funding
<br />5,868.00
<br />0.00
<br />7,212.50
<br />35,641.83
<br />Arts Allocation
<br />0.00
<br />0,00
<br />D.00
<br />7,000.00
<br />Building Repairs/Maintenance
<br />14.05.
<br />0.00
<br />0.00
<br />0.00
<br />Rent to COC
<br />mm1 0 00 00
<br />1,000.00
<br />1,000.00
<br />10n000.00
<br />Total Operating Expenses
<br />40,257.53
<br />35,138.00
<br />52,601.88
<br />595 832.23
<br />Operating Income (Loss)
<br />(40,252.15)
<br />35 0
<br />50,462.47
<br />__ 3 981.68
<br />NOT -HOT INCOME
<br />Misc Income
<br />0.00
<br />0.00
<br />0.00
<br />0.25
<br />Trolley / Historical
<br />300.00
<br />200.00
<br />.20D.00
<br />4,000.00
<br />Tour de Paris Income
<br />16,250.00
<br />16,500.00
<br />34,849.00
<br />50,388.09
<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 />2,915.30
<br />12,415.30
<br />Souvenir Sales
<br />79.03
<br />80.00
<br />1,134.06
<br />4,543.25
<br />Interest Income
<br />_ 203.47
<br />. 37.00
<br />_35.96
<br />214.00
<br />Total Other Income
<br />16„832.50
<br />16,817.00
<br />39,,,134 32
<br />76,950.89
<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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