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Paris Visitor & Convention Council
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For 1 Month Ended February 29, 2024 and 2023 and 5 Months Ended February 28, 2023
<br />1 Month Ended 1 Month Ended 1 Month Ended 5 Months Ended
<br />Financial statement preparation service provided by Malnary, McNeal Bc 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 ate omitted and no assurance is provided
<br />Feb 29, 2024
<br />Feb 29, 2024
<br />Feb 28, 2023
<br />Feb 28, 2023
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel / Motel Occupancy Tax
<br />$ 225,191.32
<br />$ 212,500.00
<br />$ 215,807.65
<br />$ 455,061.54
<br />Hot Money Interest
<br />6..20
<br />�.. 83.00
<br />10.43
<br />_._...._�
<br />76.24
<br />Total Revenue
<br />225,197.52
<br />2
<br />215,818.08
<br />455,137.78
<br />OPERATING EXPENSES
<br />Postage
<br />164.06
<br />160.00
<br />4.16
<br />51.31
<br />Misc Expenses
<br />0.00
<br />0.00
<br />0.00
<br />72.60
<br />D & O Insurance
<br />0.00
<br />0.00
<br />1,559.67
<br />1,559.67
<br />Worker's Comp
<br />0.00
<br />O.W
<br />0.00
<br />599.85
<br />Staff Ins./Retirement
<br />580.44
<br />767.00
<br />478.27
<br />2,839.19
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />134.37
<br />248.43
<br />Chamber Management
<br />12,500.00
<br />12,500.00
<br />12,500.00
<br />25,000.00
<br />Out of Town Travel
<br />(1,020.00)
<br />(1,020.00)
<br />809.78
<br />2,161.69
<br />Intown Auto/Exp Allowance
<br />200.00
<br />250.00
<br />200.00
<br />1,000.00
<br />Memberstil' Dues/Sub.
<br />0.00
<br />0.00
<br />100.00
<br />1,175.00
<br />Bookkeeping
<br />829.00
<br />583.00
<br />0.00
<br />2,358.50
<br />Payroll Expenses
<br />6,996.28
<br />7,333.00
<br />6,722.22
<br />36,225.25
<br />Payroll Tax. Expense
<br />588.10
<br />577.00
<br />565.54
<br />2,866.52
<br />Office Expense
<br />178.80
<br />175.00
<br />169.51
<br />964.66
<br />Communications
<br />183.79
<br />333.00
<br />350.97
<br />1,501.92
<br />Historical Museum
<br />0.00
<br />0.00
<br />0.00
<br />3,500.00
<br />Bank Service Charge
<br />47.06
<br />42.00
<br />7.46
<br />44.76
<br />Motel Tax Transferred to LCC
<br />112,595.66
<br />106,250.00
<br />107,903.83
<br />227,530.78
<br />Marketing/Advertising
<br />4,128.15
<br />4,100.00
<br />9,806,85
<br />18,969.85
<br />Chaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />(172.50)
<br />Tour de Paris txp
<br />0.00
<br />0.00
<br />0.00
<br />175.00
<br />ASA Indoor Archery Event. Exp
<br />0.00
<br />0.00
<br />538.13
<br />1,478.13
<br />TMBRA Bicycle Race Exp
<br />4,432.92
<br />4,500.00
<br />2,746.49
<br />9,526.49
<br />Branding Discovery
<br />0.00
<br />0.00
<br />0.00
<br />3,083.33
<br />Events Promotion / Funding
<br />1,125.00
<br />1,125.00
<br />2,603.13
<br />21,841.74
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />7,000.00
<br />Rent to COC
<br />1000.00
<br />m, a �
<br />_.. 1000:00
<br />,
<br />�00
<br />1,000. ...................
<br />5„000.00
<br />.-...�.m..
<br />Total Operating Expenses
<br />___144,529.26
<br />138„675.00
<br />148,200.38
<br />376602,17
<br />Operating Income (Loss)
<br />80,668.26
<br />..... 73,908.00
<br />67,617.70
<br />78 535.61
<br />NOT -HOT INCOME
<br />Trolley/Historical
<br />1,170.37
<br />0.00
<br />0.00
<br />7,250.00
<br />ASA Indoor Archery Event
<br />0.00
<br />0.00
<br />0.00
<br />1,250.00
<br />TMBRA Bicycle Race
<br />9,178.00
<br />9,050.00
<br />8,345.00
<br />17,015.00
<br />Pump Track Event Income
<br />0.00
<br />0.00
<br />500.00
<br />500.00
<br />Souvenir Sales
<br />621.34
<br />625.00
<br />104.46
<br />1,739.92
<br />Interest Income
<br />131.42
<br />83.00
<br />134.11
<br />643.94
<br />Total Other Income
<br />11 101,13
<br />9,758.009
<br />083,57,
<br />28,398.86
<br />NOT -HOT EXPENSES
<br />Credit Card Fees
<br />10.99
<br />167.00
<br />267.50
<br />1,325.39
<br />Trolley Driver
<br />0.00
<br />0.00
<br />0.00
<br />1,617.00
<br />Trolley Expenses
<br />188.15
<br />200.00
<br />125.00
<br />1,241.89
<br />Trolley. Insurance
<br />185.48
<br />175.00
<br />190.65
<br />957.45
<br />Souvenir Exp
<br />00
<br />-.W00 ...� 0.
<br />�000.00 .
<br />65.00 .
<br />...� 0
<br />690.60
<br />Total Not -Hot Expenses
<br />385.52
<br />542.00
<br />_ 648.15
<br />5,832.33_
<br />Net Income (Loss)
<br />$ 91383,77
<br />$ 83„124.00
<br />$ 76 053.1,2
<br />$ 101I102.14
<br />Financial statement preparation service provided by Malnary, McNeal Bc 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 ate omitted and no assurance is provided
<br />
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