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Love Civic Center
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the 1 Month Ended December 31, 2023 and 2022 and 3 Months Ended December. 31, 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 />3 Months Ended
<br />Dec 31, 2023
<br />Dec 31, 2023
<br />Dec 31, 2022
<br />Dec 31, 2022
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Motel Tax
<br />$ 120,934.41
<br />$ 106,250.00
<br />$ ' 0.00
<br />$ 119,626.95
<br />R.V. Hook Up
<br />1,256.96-.
<br />1,300.00
<br />464.35
<br />1,816.69
<br />Misc Income
<br />0.00
<br />0.00
<br />0.00
<br />100.00
<br />Rent
<br />11,125.00
<br />11,000.00
<br />5,520.53
<br />41,691.94
<br />Refunded Deposits
<br />-1200.00
<br />-----:t0�0.00O
<br />400.00
<br />800.00
<br />Total Revenue
<br />13
<br />118x350.00
<br />5 584.88
<br />162,435.58
<br />Operating Expenses
<br />-Bank Service Charge
<br />29.05
<br />42.00
<br />20.53
<br />44:79
<br />Communications
<br />227:31
<br />500.00
<br />432.02
<br />1,058.21
<br />Office Expense
<br />0.00
<br />417.00
<br />0.00
<br />395.00
<br />Payroll Expenses
<br />11,689.09
<br />.10,769.00
<br />12,806:49
<br />34,748.87
<br />Payroll Tax Expense
<br />890.61
<br />851.25
<br />990.87
<br />2,667.86
<br />Marketing / Advertising
<br />99.00
<br />100:00
<br />49.50
<br />1,049.50
<br />Bookkeeping
<br />556.50
<br />584.00
<br />628.00
<br />1,775.00
<br />Electricity
<br />3,545.25
<br />3,500.00
<br />2,895.47
<br />9,891.31
<br />Water
<br />758.37
<br />666.00
<br />871.41
<br />3,202.73
<br />Gas
<br />801.67
<br />600.00
<br />0.00
<br />199.96
<br />Trash Disposal
<br />391.97
<br />417.00
<br />340.86
<br />691.72
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />750.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />25,000.00
<br />Building Maint./Spls/Equip
<br />6,297.93
<br />6,300.00
<br />4,901.60
<br />15,912.58
<br />Security
<br />58.95
<br />60.00
<br />58.95
<br />405.85
<br />Staff In9JRetirement
<br />639.42
<br />760.75
<br />628.20
<br />1,876.71
<br />General Liability
<br />4,080.53
<br />5,000.00
<br />0.00
<br />3,699.65
<br />Workers Comp. Insurance
<br />0.00
<br />0.00
<br />775.28
<br />828.92
<br />Misc Expenses
<br />39.90
<br />40.00
<br />64.18
<br />64.18
<br />Ground Maintenance
<br />620.00
<br />.708.00
<br />0.00
<br />1,987.00
<br />Bicycles & Related Expenses
<br />0.00
<br />0.00
<br />m m m 0.00
<br />787.07
<br />Total Operating Expenses
<br />____3(.),t975.55
<br />31,765.00
<br />25,713.36
<br />107,026.91
<br />Operating Income (Loss)
<br />102,140.82
<br />86,585.06
<br />20,128.48
<br />55,408.67
<br />Other Income
<br />Interest Income
<br />189.54
<br />208.00
<br />516.97
<br />1,010.75
<br />Total Other Income
<br />189.54
<br />208.00
<br />516.97
<br />1,010.76
<br />Other Expenses
<br />City of Paris for Construction
<br />0.00
<br />_ 0.0092608.83
<br />92,608183
<br />Total Other Expenses
<br />_ 0.00
<br />0.00
<br />92„608:83
<br />92,608.83
<br />Net Income (Loss)
<br />102 330.36
<br />�,,
<br />$ 86,793.00
<br />$ .3
<br />112,2204
<br />$ 38,
<br />189.41
<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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