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Paris Visitor & Convention Council
<br />Budget to Actual, Year to Date
<br />Modified Cash Basis
<br />For the 2 Months Ended November 30, 2023
<br />2 Months Ended 2 Months Ended
<br />Nov 30, 2023 Nov 30, 2023 Variance % of Budget Annual Budget
<br />Actual Budget
<br />Revenue
<br />Hotel / Motel Occupancy Tax $ 0.00 $ 0.00 $ 0.00 0.00% $ 850,000.00
<br />Hot Money Interest _ 1053.59 166.00 887.59 634.69% 1000.00
<br />Total Revenue
<br />0
<br />887.59
<br />634.69%
<br />851000.00,
<br />Operating Expenses
<br />Postage
<br />23.22
<br />25.00
<br />(1.78)
<br />92.88%
<br />750.00
<br />Misc Expenses
<br />111.59
<br />100.00
<br />11.59
<br />111.59%
<br />730.00
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />D &•0 Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,700.00
<br />Worker's Comp
<br />557.16
<br />1,000.00
<br />(442.84)
<br />55.72%
<br />1,000.00
<br />Staff Ins./Retirement
<br />1,131.48
<br />1,532.00
<br />(400.52)
<br />73.86%
<br />9,200.00
<br />Meetings & Hosting
<br />941.86
<br />500.00
<br />441.86
<br />188.37%
<br />500.00
<br />Chamber Management
<br />12,500.00
<br />12,500.00
<br />0.00
<br />100.01) %
<br />50,000.00
<br />Out of Town Travel
<br />318.13
<br />350.00
<br />(31.87)
<br />90.89%
<br />3,000.00
<br />Intovin Auto/Exp Allowance
<br />400.00
<br />500.00
<br />(100.00)
<br />80.00%
<br />3,000.00
<br />Membership Dues/Sub.
<br />1,650.00
<br />1,750.00
<br />(100.00)
<br />94.29%
<br />6,800.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,000.00
<br />Bookkeeping.
<br />1,051.33
<br />1,166.00
<br />(114.67)
<br />90.17%
<br />7,060.00
<br />Payroll Eipenses
<br />14,273.04
<br />14,666.00
<br />(392.96)
<br />97.32%
<br />88,000.00
<br />PayrollTax'Expense
<br />1,081.57
<br />1r154.00
<br />(72.43)
<br />93.72%
<br />6,920.00
<br />Office Expense
<br />882.08
<br />900.00
<br />(17.92)
<br />98.01 %
<br />3,000.00
<br />Communications
<br />66.42
<br />668.00
<br />(601.58)
<br />9.94%
<br />4,000.00
<br />Historical; Museum
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,500.00
<br />Bank Service Charge
<br />140.82
<br />84.00
<br />56.82
<br />167.64%
<br />500.00
<br />Motel Tax Transferred to LCC
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />425,000.00
<br />Marketing / Advertising
<br />12,656.55
<br />12,700.00
<br />(43.45)
<br />99.66%
<br />85,000.00
<br />Chaparral Square Dancers
<br />65.66
<br />65.00
<br />0.66
<br />101.02%
<br />2,100.00
<br />Tour de Paris Exp
<br />350.00
<br />350.00
<br />0.00
<br />100.00%
<br />32,000.00
<br />ASA
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />15,000.00
<br />ASA Indoor Archery Event Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<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 />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />14,000.00
<br />Red Bull Qualifier Exp
<br />1,148.34
<br />0.00
<br />1,148.34
<br />0.00%
<br />0.00
<br />Pump Track Event
<br />6,100.11
<br />4,000.00
<br />2,100.11
<br />152.50%
<br />4,000.00
<br />Branding Discovery
<br />750.00
<br />750.00
<br />0.00
<br />100.00 %
<br />5,000.00
<br />Jettribe Expense
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />10,000.00
<br />Eclipse Expense
<br />2,409.00
<br />0.00
<br />2,409.00
<br />0.00%
<br />0.00
<br />Steak Wars
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />10,000.00
<br />Events Promotion / Funding
<br />10,890.00
<br />11,500.00
<br />(610.00)
<br />94.70%
<br />60,000.00
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />7,000.00
<br />Rent to COC
<br />2,000.00
<br />2,000.00
<br />0 _
<br />00
<br />100.00 % .._.
<br />12,000.00
<br />Total Operating Expenses
<br />71,498.36
<br />68,260.00
<br />3,236.36
<br />104.74%
<br />884,700.00
<br />Operating Income (Loss)
<br />-- 70 444.77
<br />(68,094.00
<br />___A2,,350.77'
<br />103.45%
<br />33,700.00'
<br />NOT -HOT INCOME
<br />Trolley / Historical
<br />1,050.00
<br />1,050.00
<br />0.00
<br />100.00%
<br />5,000.00
<br />Tour de Paris Income
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />50,000.00
<br />ASA Indoor Archery Event
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,500.00
<br />TMBRA Bicycle Race
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />14,000.00
<br />Pump Track Event Income
<br />1,645.00
<br />1,000.00
<br />645.00
<br />164.50%
<br />1,000.00
<br />Prospective Event Income
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />50,000.00
<br />Souvenir Sales
<br />1,368.81
<br />1,450.00
<br />(81.19)
<br />94.40%
<br />4,000.00
<br />Interest Income
<br />221.92
<br />_ 166.00
<br />55.92
<br />133.69%
<br />1,000.00
<br />Total Not -Hot Income
<br />_ 4,285.73
<br />3,666.00
<br />619.73
<br />116.90%
<br />126,500.00
<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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