|
Love Civic Center
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the 1 Month Ended February 29, 2024 and 2023 and 5 Months Ended February 28, 2023
<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 />5 Months Ended
<br />Feb 29, 2024
<br />Feb 29, 2024
<br />Feb 28, 2023
<br />Feb 28, 2023
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Catering
<br />0.00
<br />0.00
<br />250.00
<br />250.00
<br />Motel Tax
<br />.112,595.66
<br />106,250.00
<br />107,903.83
<br />227,530.78
<br />R.V. Hook Up
<br />999.97
<br />1,000.00
<br />361.72
<br />2,315.81
<br />Misc Income
<br />0.00
<br />0.00
<br />0.00
<br />100.00
<br />Rent
<br />7,175.00
<br />7,200.00
<br />19,589.70
<br />67,733.41
<br />Refunded Deposits
<br />0.00
<br />0.00
<br />(1,400.00)
<br />(3,800.00)
<br />Tower Lighting
<br />0.00
<br />0.00
<br />.
<br />100.00
<br />100.00,
<br />Total Revenue
<br />__120j770.63
<br />114,450.00
<br />126,805.25
<br />294 230.00
<br />Operating Expenses
<br />Bank Service Charge
<br />41.57
<br />42.00
<br />25.46
<br />79.58
<br />Communications
<br />410.96
<br />500.00
<br />573.45
<br />2,064.26
<br />Office Expense
<br />0.00
<br />417.00
<br />258.24
<br />653.24
<br />Payroll Ekpenses
<br />9,034.87
<br />10,768.00
<br />7,866.00
<br />50,833.94
<br />Payroll Tax Expense
<br />701.03
<br />851.25
<br />607.78
<br />3,920.39
<br />Marketing I Advertising
<br />0.00
<br />0.00
<br />0.00
<br />1,090.99
<br />Bookkeeping
<br />829.00
<br />583.00
<br />0.00
<br />2,358.50
<br />Electricity
<br />0.00
<br />0.00
<br />0.00
<br />15,559.51
<br />Water
<br />317.83
<br />667.00
<br />909.62
<br />4,946.20
<br />Gas
<br />1,671.64
<br />1,600.00
<br />279.17
<br />3,904.01
<br />Trash'Disposal
<br />391.97
<br />417.00
<br />0.00
<br />1,022.58
<br />IntowiiAuto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />1,250.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />25,000.00
<br />Building Maint./Spls/Equip
<br />5,197.11
<br />5,200.00
<br />16,235.93
<br />35,564.56
<br />Security
<br />151.95
<br />150.00
<br />58.95
<br />523.75
<br />Staff Ins./Retirement
<br />639.42
<br />760.75
<br />543.40
<br />3,164.95
<br />Building Insurance
<br />5,663.00
<br />6,000.00
<br />0.00
<br />0.00
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />3,699.65
<br />Workers Comp. Insurance
<br />0.00
<br />0.00
<br />0.00
<br />828.92
<br />Directors 8 Officers
<br />0.00
<br />0.00
<br />1,559.66
<br />1,559.66
<br />Mise Expenses
<br />0.00
<br />0.00
<br />23.49
<br />87.67
<br />Ground Maintenance
<br />0.00
<br />708.00
<br />618.33
<br />3,223.66
<br />Bicycles 8 Related Expenses
<br />0.00
<br />0.00
<br />0.00
<br />787.07
<br />Total Operating Expenses
<br />... _00.
<br />28,914.00=_.
<br />A9,809.48
<br />__�..1�62,12ww�3.09
<br />Operating Income (Loss)
<br />95,470.28
<br />86,536.00
<br />96 995.77
<br />132,106.91
<br />Other Income
<br />Interest Income
<br />1,462.62
<br />�m 208.00
<br />_ 224,77
<br />158231
<br />Total Other Income
<br />1„462.62
<br />2011.00
<br />224.77
<br />1,582.31
<br />Other Expenses
<br />City of Paris for Construction
<br />_ ,. 0.00
<br />000
<br />0.00
<br />207,114.99
<br />Total Other Expenses
<br />0.00
<br />0.00
<br />0.00
<br />207,114.99, ..-
<br />Net Income Loss
<br />{ )
<br />$ W r 96,Y932.90
<br />$ 85,744.00
<br />$ 97,220.54
<br />$ 73, 25.77
<br />4m
<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 />
|