|
Paris Visitor & Convention Council
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For 1 Month Ended March 31, 2024 and 2023 and 6 Months Ended March 31, 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 />6 Months Ended
<br />Mar 31, 2024
<br />Mar 31, 2024
<br />Mar 31, 2023
<br />Mar 31, 2023
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel I Motel Occupancy Tax
<br />$ 0.00
<br />$ 0.00
<br />$ 0.00
<br />$ 455,061.54
<br />Hot Money Interest
<br />13.34
<br />83.00
<br />m 2,032.16
<br />2,108.40
<br />Total Revenue
<br />13.34
<br />._ 83.00
<br />2,032.16
<br />457,169.94
<br />OPERATING EXPENSES
<br />Postage
<br />0.00
<br />0.00
<br />4.16
<br />55.47
<br />Misc Expenses
<br />563.32
<br />0.00
<br />0.00
<br />72.60
<br />D & O Insurance
<br />0.00
<br />0.00
<br />0.00
<br />1,559.67
<br />Worker's Comp
<br />0.00
<br />0.00
<br />0.00
<br />599.85
<br />Staff Ins./Retirement
<br />566.42
<br />767.00
<br />634.11
<br />3,473.30
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />0.00
<br />248.43
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />25,000.00
<br />Out of Town Travel
<br />0.00
<br />0.00
<br />0.00
<br />2,161.69
<br />Intown Auto/Exp Allowance
<br />200.00
<br />250.00
<br />200.00
<br />1,200.00
<br />Membership Dues/Sub.
<br />0.00
<br />0.00
<br />860.00
<br />2,035.00
<br />Bookkeeping
<br />769.17
<br />583.00
<br />1,337.33
<br />3,695.83
<br />Payroll Expenses
<br />6,996.28
<br />7,333.00
<br />7,134.78
<br />43,360.03
<br />Payroll Tax Expense
<br />548.14
<br />577.00
<br />503.53
<br />3,370.05
<br />Office Expense
<br />55.25
<br />50.00
<br />102.21
<br />1,066.87
<br />Communications
<br />0.00
<br />333.00
<br />417.12
<br />1,919.04
<br />Historical Museum
<br />0.00
<br />0.00
<br />0.00
<br />3,500.00
<br />Bank Service Charge
<br />58.05
<br />42.00
<br />7.46
<br />52.22
<br />Motel Tax Transferred to LCC
<br />0.00
<br />0.00
<br />0.00
<br />227,530.78
<br />Marketing / Advertising
<br />925.00
<br />925.00
<br />3,599.00
<br />22,568.85
<br />Chaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />(172.50)
<br />Tour de Paris Exp
<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 />0.00
<br />1,478.13
<br />TMBRA Bicycle Race Exp
<br />(205.70)
<br />0.00
<br />3,998.26
<br />13,524.75
<br />Red Bull Qualifier Exp
<br />0.00
<br />0.00
<br />761.24
<br />761.24
<br />Pump Track Event
<br />314.68
<br />300.00
<br />0.00
<br />0.00
<br />Branding Discovery
<br />0.00
<br />0.00
<br />0.00
<br />3,OB3.33
<br />Eclipse Expense
<br />1,363.57
<br />0.00
<br />0.00
<br />0.00
<br />Events Promotion / Funding
<br />19,470.00
<br />19,500.00
<br />5,969.00
<br />27,810.74
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />7,000.00
<br />Rent to COC
<br />1,000.00
<br />1,000.00
<br />1,000.00
<br />6,000.00
<br />Total Operating Expenses
<br />32,62418
<br />31,660.00
<br />26,528.20
<br />403,130.37
<br />Operating Income (Loss)
<br />32,610.84)
<br />31,577.0024i
<br />496.04
<br />54,039.57
<br />NOT -HOT INCOME
<br />Trolley / Historical
<br />0.00
<br />0.00
<br />0.00
<br />7,250.00
<br />Tour de Paris Income
<br />5,607.19
<br />5,600.00
<br />10,665.00
<br />10,665.00
<br />ASA Indoor Archery Event
<br />0.00
<br />0.00
<br />0.00
<br />1,250.00
<br />TMBRA Bicycle Race
<br />0.00
<br />0.00
<br />510.00
<br />17,525.00
<br />Pump Track Event Income
<br />0.00
<br />0.00
<br />4,500.00
<br />5,000.00
<br />Souvenir Sales
<br />1,261.42
<br />1,200.00
<br />155.97
<br />1,895.89
<br />Interest Income
<br />147.85
<br />83.00
<br />174.05
<br />817.99
<br />Total Other Income
<br />7,016.46
<br />6,883.00
<br />16,005.02
<br />44,403.88
<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 />
|