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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 April 30, 2024 and 2023 and 7 Months Ended April 30, 2023
<br />1 Month Ended
<br />1.Month Ended
<br />1 Month Ended
<br />7 Months Ended
<br />Apr 30, 2024
<br />Apr 30, 2024
<br />Apr 30, 2023
<br />Apr 30, 2023
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel / Motel Occupancy Tax
<br />$ 0.00
<br />$ 0.00
<br />$ 0.00
<br />$ 455,061.54
<br />Hot Money Interest
<br />_10.90
<br />_ _83.00
<br />.... 565.44
<br />IT_ _ 2,673 84
<br />Total Revenue
<br />10.90
<br />83.00
<br />565.44
<br />457,735.38
<br />OPERATING EXPENSES
<br />Postage
<br />7.09
<br />10.00
<br />11,65
<br />67.12
<br />Misc Expenses
<br />35.00
<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 />485.14
<br />3,958.44
<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 />1,400.00
<br />Membership Dues/Sub.
<br />75,00
<br />75.00
<br />275.00
<br />2,310.00
<br />Bookkeeping
<br />581.25
<br />583.00
<br />0,00
<br />3,695.83
<br />Payroll Expenses
<br />7,136.52
<br />7,333.00
<br />6,722.22
<br />50,082.25
<br />Payroll Tax Expense
<br />540.78
<br />577.00
<br />509.30
<br />3,879.35
<br />Office Expense
<br />160.49
<br />160.OD
<br />418.49
<br />1,485.36
<br />Communications
<br />183.85
<br />333.00
<br />341.59
<br />2,260.63
<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 />59.68
<br />Motel Tax Transferred to LCC
<br />0.00
<br />0.00
<br />0.00
<br />227,530.78
<br />Marketing / Advertising
<br />4,000.00
<br />4,000.00
<br />2,284.50
<br />24,853.35
<br />Chaparral Square Dancers
<br />0.00
<br />0.,00
<br />0.00
<br />(172.50)
<br />Tour de Paris Exp
<br />335.66
<br />350.00
<br />305.95
<br />480.95
<br />ASA Indoor Archery Event Exp
<br />0.00
<br />0.00
<br />0.00
<br />1,478.13
<br />SDBA Boat Races
<br />100.00
<br />100.00
<br />0.00
<br />0.00
<br />TMBRA Bicycle Race Exp
<br />2,741.12
<br />2,700.00
<br />0.00
<br />13,524.75
<br />Red Bull Qualifier Exp
<br />1,846.30
<br />0.00
<br />805.OD
<br />1,566.24
<br />Branding Discovery
<br />0.00
<br />0.00
<br />0.00
<br />3,083.33
<br />Events Promotion / Funding
<br />10,245.00
<br />10,250.00
<br />1,637.50
<br />29,448.24
<br />Arts Allocation
<br />0.00
<br />0.00
<br />0.00
<br />7,000.00
<br />Rent to COC1,000.0
<br />1,000.00
<br />0
<br />� 1,000.00
<br />0
<br />_......�. ..._....�.
<br />0
<br />�m�._7,_00.00
<br />Total Operating Expenses
<br />29,812 53
<br />28,530.00,y_
<br />�
<br />418,134.17
<br />Operating Income (Loss)
<br />(29,801 63}
<br />..._ 128,447.00)
<br />� (4,438.3
<br />39,601.21
<br />NOT -HOT INCOME
<br />Trolley / Historical
<br />150.00
<br />0.00
<br />150.00
<br />7,400.00
<br />Tour' de Paris Income
<br />4,500.00
<br />4,500.00
<br />11,850.00
<br />22,515.00
<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 />305.00
<br />17,830,00
<br />Pump Track Event Income
<br />0.00
<br />0.00
<br />600.00
<br />5,600.00
<br />Souvenir Sales
<br />1,156.63
<br />275.00
<br />160.54
<br />2,056.43
<br />Interest Income_
<br />..........�._._154•90
<br />..... - ..................8300
<br />178.56
<br />.7
<br />..._. 9 6.55
<br />Total Other Income
<br />www6,961.63
<br />mmmm IT 4,858.00
<br />1.3 244-10
<br />57,647-98-
<br />7,647.98NOT-HOT
<br />NOT-HOTEXPENSES
<br />Not -Hot Events
<br />0.00
<br />0.00
<br />2,985.00
<br />2,985.00
<br />Credit Card Fees
<br />0.00
<br />167.00
<br />221.07
<br />1,746.45
<br />Trolley Driver
<br />0,00
<br />0.00
<br />0.00
<br />1,617.00
<br />Trolley Expenses
<br />348.75
<br />350.00
<br />0.00
<br />1,544.18
<br />Trolley Insurance
<br />186.48
<br />175.00
<br />190.65
<br />1,338.75
<br />Souvenir Exp
<br />_.. mm.._ 584.44
<br />550 00
<br />_
<br />_p 0.00
<br />y 690.60
<br />Total Not -Hot Expenses
<br />.._.. _,,,,,1,119.67
<br />0
<br />1,242.00
<br />mm� 3,396.72
<br />9,921.98
<br />Net Income (Loss)
<br />$ (24 959.7
<br />$ X24 831 00}
<br />$ _ r4 590 98}
<br />$ 87 327.21
<br />Financial statement preparation service provided by Malnory,
<br />McNeal & Company
<br />PC, CPAs in accordance with professional
<br />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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