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Love Civic Center
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the 7 Month Ended November 30, 2023 and 2022 and 2 Months Ended November 30, 2022
<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 />1 Month Ended
<br />1 Month Ended
<br />1 Month Ended
<br />2 Months Ended
<br />Nov 30, 2023
<br />Nov 30, 2023
<br />Nov 30, 2022
<br />Nov 30, 2022
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Motel Tax
<br />$ 0.00
<br />$ 0.00
<br />$ 119,626.95
<br />$ 119,626.95
<br />R.V. Hook Up
<br />0.00
<br />0.00
<br />100.00
<br />1,352.34
<br />Mlsc Income
<br />0.00
<br />0.00
<br />0.00
<br />100.00
<br />Rent
<br />5,999.96
<br />6,000.00
<br />14,275.11
<br />36,171.41
<br />Refunded Deposits
<br />--6�OO.UO)600.00
<br />ww µ°w_ (400.001
<br />�mm400.00
<br />Total Revenue
<br />5 399.96
<br />5 400.00,
<br />w
<br />133 602.06
<br />156 850.70
<br />Operating Expenses
<br />Bank Service Charge
<br />27.19
<br />42.00
<br />9.33
<br />24.26
<br />Communications
<br />227.45
<br />500.00
<br />465.17
<br />626.19
<br />Office Expense
<br />324.49
<br />417.00
<br />395.00
<br />395.00
<br />Payroll Expenses
<br />9,022.74
<br />10,769.00
<br />8,451.86
<br />21;942.38
<br />Payroll Tax Expense
<br />685.92
<br />851.25
<br />644.40
<br />1,676.99
<br />Marketing / Advertising
<br />0.00
<br />0.00
<br />0.00
<br />1,000.00
<br />Bookkeeping
<br />600.59
<br />584.00
<br />497.50
<br />1,147.00
<br />Electricity
<br />4,719.87
<br />5,000.00
<br />3,191.29
<br />6,995.84
<br />Water
<br />1,736.33
<br />666.00
<br />1,082.94
<br />2,331.32
<br />Gas
<br />298.47
<br />300.00
<br />199.96
<br />199.96
<br />Trash Disposal
<br />391.97
<br />417.00
<br />340.86
<br />340.86
<br />Intowii_ Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />500.00
<br />Chamber Management
<br />25,000.00
<br />25,000.00
<br />25,000.00
<br />25,000.00
<br />Building Maint./Spis/Equip
<br />8,292.97
<br />8,300.00
<br />4,363.88
<br />11,010.98
<br />Security
<br />58.95
<br />60.00
<br />246.95
<br />346.90
<br />Staff InsdRetirement
<br />525.58
<br />760.75
<br />627.98
<br />1,248.51
<br />General Liability
<br />0.00
<br />0.00
<br />3,699.65
<br />3,699.65
<br />Workers Comp. Insurance
<br />581.26
<br />1,400.00
<br />53.64
<br />53.64
<br />Ground Maintenance
<br />1,145.00
<br />708.00
<br />1,367.00
<br />1,987.00
<br />Bicycles & Related Expenses
<br />_°_ 0.00
<br />0.00
<br />0.00
<br />787.07
<br />Total Operating Expenses
<br />53,888.78
<br />56,025.00
<br />50 887.41
<br />81.„313.55
<br />Operating Income (Loss)
<br />(48,488.82)
<br />_@0 625.00)
<br />82,714.65
<br />75,537.15
<br />Other Income
<br />Interest Income
<br />588.91
<br />208.00
<br />303.56
<br />493.78
<br />Total Other Income
<br />588.91
<br />20$.00
<br />303.56
<br />493.78
<br />Other Expenses
<br />Total Other Expenses
<br />0.00
<br />0.00
<br />0.00
<br />0.00
<br />Net Income (Loss)
<br />$ 47 899-91
<br />$ (50,417.00')
<br />$ 83 018.21
<br />= °_ ,
<br />$ 76,030.93
<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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