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Paris Visitor & Convention Council
<br />Budget to -Actual, Year to Date
<br />Modified Cash Basis
<br />For the 1 Month Ended October 31, 2023
<br />1 Month Ended 1 Month Ended
<br />Oct 31, 2023 Oct 31, 2023 Variance % of Budget Annual Budget
<br />Actual Budget
<br />Revenue
<br />Hotel / Motel Occupancy Tax $ 0.00 $ 0.00 $ 0.00 0.00% $ 850,060.00
<br />Hot Money Interest --6.13 83.00 __26-8J7 7.39% 100000
<br />Total Revenue
<br />6.13
<br />83.00
<br />_�16�87
<br />7.39%
<br />851,000.00
<br />Operating Expenses
<br />Postage
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />750.00
<br />Misc Expenses
<br />111:59
<br />100.01)
<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 & O Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,700.00
<br />Worker's Comp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,000.00
<br />Staff Ins./Retirement
<br />647.79
<br />766.00
<br />(118.21)
<br />84.57%
<br />9,200.00
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />500.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />50,000.00
<br />Out of Town Travel
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,000.00
<br />Intown Auto/Exp Allowance
<br />200.00
<br />250.00
<br />(50.00)
<br />80.00%
<br />.3,000.00
<br />Membership Dues/Sub.
<br />1,400.00
<br />1,500.00
<br />(100.00)
<br />93.33%
<br />6,600.00
<br />Audit
<br />0.00
<br />0.01)
<br />0.00
<br />0.00%
<br />3,000.00
<br />Bookkeeping
<br />450.75
<br />583.00
<br />(132.25)
<br />77.32%
<br />7,000.00
<br />Payroll Expenses
<br />7,136.52
<br />7,333.00
<br />(196.48)
<br />97.32%
<br />86,000.00
<br />Payroll Tax Expense
<br />540.79
<br />577.00
<br />(36.21)
<br />93.72%
<br />6,920.00
<br />Office Expense
<br />703.19
<br />70D.OD
<br />3.19
<br />100.46%
<br />3,000.00
<br />Communications
<br />0.00
<br />334.00
<br />(334.00)
<br />0.00%
<br />4,000.00
<br />Historical Museum
<br />0.00
<br />O.OD
<br />0.00
<br />0.00%
<br />3,500.00
<br />Bank Service Charge
<br />103.36
<br />42.00
<br />61.36
<br />246.10%
<br />500.00
<br />Motel Tax Transferred to LCC
<br />0.00
<br />0.01)
<br />0.00
<br />0.00%
<br />425,000.00
<br />Marketing / Advertising
<br />4,240.00
<br />4,200.00
<br />40.00
<br />100.25%
<br />85,000.00
<br />Chaparral Square Dancers
<br />51.65
<br />50.01)
<br />1.65
<br />103.30%
<br />2,100.00
<br />Tour de Paris Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<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 />SOBA 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 />Pump Track Event
<br />5,286.36
<br />3,500.00
<br />1,766.36
<br />150.47%
<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 />0100%
<br />10,000.00
<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 />11,000.00
<br />(110.00)
<br />99.00%
<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 />1,000.00
<br />1,000.00
<br />0.00
<br />100.00 %
<br />12 000.00
<br />Total Operating Expenses
<br />p g p
<br />33492.00
<br />32,685.00
<br />807.00
<br />102.47%
<br />884,700.00,
<br />Operating Income (Loss)
<br />„__. (33,485.87)
<br />32,602E
<br />883 8'7'
<br />102.71%
<br />33,700.01)1
<br />NOT -HOT INCOME
<br />Trolley / Historical
<br />300.00
<br />300.00
<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,ODO.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,ODO.00
<br />Pump Track Event Income
<br />675.00
<br />650.00
<br />25.00
<br />103.85%
<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 />838.47
<br />850.00
<br />(11.53)
<br />98.64%
<br />4,000.00
<br />Interest Income
<br />�m 113.63
<br />83.00
<br />30.63
<br />136.90%
<br />1,000.00
<br />Total Not,Hotlncome
<br />1,927.10
<br />1IL883-00
<br />44.10 .�.,�..„,,......�„
<br />102.34%
<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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