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Love Civic Center
<br />BudgetYear-to-Date
<br />Modified Cash Basis
<br />For the 4 11m tYs !. Z
<br />Net Income (Loss) L--(4!N!-16J ; ---AMRIPJO--,-19.A4 ..-4 _�8-2R% $ 2,650.00
<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
<br />4 Months Ended
<br />4 Months Ended
<br />Jan 31, 2024
<br />Jan 31, 2024
<br />Variance
<br />% of Budget
<br />Annual Budget
<br />Actual
<br />Budget
<br />REVENUE
<br />®tel Tax
<br />$ 120,934.41
<br />$ 106,250.00 $
<br />14,664.41
<br />113.82%
<br />$ 425,000.00
<br />Rm . Hook Up
<br />3,457.56
<br />3,450®00
<br />7.56
<br />100.22%
<br />7,000:00
<br />Isc Income
<br />0,00
<br />0.00
<br />MOO
<br />0.00%
<br />.850.00
<br />Rent
<br />211,076.71
<br />26®000.00
<br />76.71
<br />100.26. %
<br />95,000.00
<br />Refunded Deposits
<br />(6,200®00)
<br />(6,200.00)
<br />0.00
<br />100.00%
<br />(14,000.00)
<br />To
<br />Tower Lighting
<br />�.. -,�0
<br />0000
<br />_.. ..-,�.
<br />0.00 ,
<br />0
<br />0.00%
<br />400.00
<br />Total Revenue
<br />�ITITITITt�,
<br />..131,50 e.00
<br />140
<br />111,23%
<br />514250.00
<br />Gross Profit
<br />146,270.60
<br />131,600.00
<br />14,770.68
<br />111.23%
<br />514,250.00
<br />OPERATING S
<br />Branding/Marketing
<br />750.00
<br />750.00
<br />0.00
<br />100.00%
<br />5,000.00
<br />Bank Service Charge
<br />255.22
<br />166.00
<br />11722
<br />151.92%
<br />500.00
<br />Communications
<br />1,197.32
<br />2,000.00
<br />(802.58)
<br />59A7 %
<br />6,000°00
<br />Office Expense
<br />416.76
<br />1,666.00
<br />(1,251.24)
<br />24.99%
<br />5,000.00
<br />Payroll Expenses
<br />36,693.51
<br />43,076.00
<br />(4,1112,49)
<br />90.2 %
<br />12%220,00
<br />Payroll Tax Expense
<br />2,966,15
<br />3,405.00
<br />(416.64)
<br />137076 %
<br />10.215.00
<br />Marketing 1 Advertising
<br />346.50
<br />350.00
<br />(3.50)
<br />99.00%
<br />10,0 ®00
<br />Audit
<br />0.00
<br />0.00
<br />0,00
<br />0.00%
<br />4,00(100
<br />Bookkeeping
<br />2,155.34
<br />2,336,00
<br />"(160.66)
<br />92.27%
<br />7,000.00
<br />Electricity
<br />15,212.73
<br />15,400,00
<br />(167.27)
<br />98.78%
<br />40,000000
<br />Ater
<br />5,103.55
<br />2,664.00
<br />2,439.55
<br />191.57
<br />6,000°00
<br />Gas
<br />2,396.37
<br />2,425.00
<br />(26.63)
<br />96.2 %
<br />6,000.00
<br />Trash Disposal
<br />1,567.66
<br />1,666.00
<br />(100.12)
<br />94.00%
<br />5,000,00
<br />Into n Auto Exp Allowance
<br />1,000.00
<br />1,000.00
<br />0,00
<br />100.00%
<br />3,000.00
<br />Out of Town Travel
<br />0.00
<br />0.00
<br />0.00
<br />0.00
<br />1®500;00
<br />903 Concert Series
<br />0.00
<br />0.00
<br />0,00
<br />0a00 %
<br />25,000.00
<br />Chamber Management
<br />25,000.00
<br />25,000.00
<br />0.00
<br />100.00%
<br />25,000.00
<br />Eiffel Tower Lighting/ aint
<br />0.00
<br />0000
<br />0.00
<br />0.00 %
<br />1,000.00
<br />Building alnt./ is/Equi
<br />6,166.19
<br />55,400.00
<br />766A9
<br />101.42%
<br />100,000m
<br />Security
<br />235.60
<br />240.00
<br />(4.20)
<br />98.25%
<br />6,500.00
<br />Staff Ins./Retirement
<br />2,642.66
<br />3,043.00
<br />(400.32)
<br />86.84%
<br />9,129.00
<br />Building Insurance
<br />0.00
<br />0.00
<br />0=
<br />om
<br />®000,00
<br />General Liability
<br />4,060.53
<br />50000,00
<br />(919.47)
<br />81.61 %
<br />5,000.00
<br />Workers Camp. Insurance
<br />56126
<br />1,400.00
<br />(616.74)
<br />41.52%
<br />1,400,00
<br />Directors & Officers
<br />0.00
<br />0.00
<br />0.00
<br />0000
<br />2,000.00
<br />Misc. Expenses
<br />311,66
<br />330.00
<br />(16.14)
<br />94.50%
<br />1,500.00
<br />Ground Maintenance
<br />3,660.00
<br />2®632.00
<br />1,04&00
<br />137.01 %
<br />6,500,00
<br />Capital Improvements
<br />25,448.96._
<br />5 000,00. ......._
<br />..__. 411e96
<br />10760 %
<br />„, 11200
<br />Total Operating Expenses
<br />mm 190,650.62
<br />....... 195,166,00
<br />m � 5 8
<br />97.69%
<br />513,900,00
<br />Operating Income tlr(L s)
<br />__.. a
<br />,
<br />19,,.275 6
<br />69.72%
<br />350.
<br />OTHER INCOME
<br />Interest Income
<br />1,50q.78
<br />632.00
<br />658.7
<br />160.36 %
<br />mm 2,500.00
<br />Total Other Income
<br />1,50019
<br />632.00 �
<br />666.76
<br />180.38%
<br />2,500.00
<br />Other Expenses
<br />Total Other Expenses
<br />0.00
<br />0.00
<br />. � 000
<br />0.00%
<br />0.00
<br />Net Income (Loss) L--(4!N!-16J ; ---AMRIPJO--,-19.A4 ..-4 _�8-2R% $ 2,650.00
<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
<br />
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