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Agenda Packet
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01-27-2025
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Agenda Packet
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Paris Visitor & Convention Council <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />October 31, 2024 <br />ASSETS <br />CURRENT ASSETS <br />HOT Checking <br />$ 144,186.23 <br />Reserved- Additional Marketing <br />27,367,00 <br />Not HOT Checking <br />246,751.21 <br />Liberty MM 5269 <br />222,049.76 <br />First Federal CD 8703 -NH <br />52,117.26 <br />Credit Union of Texas 1000 - NH <br />52,693.02 <br />LNB CD 2549053,205.97 <br />Total Current Assets 798,370.45 <br />OTHER ASSETS <br />Due From COC 97.68 <br />Total Other Assets 97.68 <br />Total Assets $ 798,468.13 <br />LIABILITIES AND NET ASSETS <br />CURRENT LIABILITIES <br />Due to COC $ 1,038.65 <br />Due to LCC 2,993.81 <br />Payroll Liabilities 707.96 <br />Total Current Liabilities 4,740.42 <br />NET ASSETS <br />Retained Earnings 838,688.75 <br />Net Income (44,961_.04 <br />Total Net Assets793727.71 <br />Total Liabilities and, Net Assets $ 198,4638A3 <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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