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Paris Visitor & Convention Council
<br />Budget to Actual, Year to Date
<br />Modified Cash Basis
<br />For the 1 Month Ended October 31, 2024
<br />1 Month Ended 1 Month Ended
<br />Oct 31, 2024 Oct 31, 2024 Variance % of Budget Annual Budget
<br />Actual Budget
<br />Revenue
<br />Hotel / Motel Occupancy Tax $ 0.00 $ 0.00 $ 0.00 0.00 % $ 950,000.00
<br />y _ ._ .. 9.70 312.50 302.80" 3.10% ... 3 750.00
<br />Hot Mone Interest _....r ...... .
<br />Total Revenue
<br />9.70
<br />312.50
<br />302.80)
<br />3.10%
<br />953,750.00
<br />Operating Expenses
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />50,000.00
<br />Postage
<br />35.01
<br />35.00
<br />0.01
<br />100.03%
<br />500.00
<br />Misc Expenses
<br />45.20
<br />45.00
<br />0.20
<br />100.44%
<br />850.00
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />D & O Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,700.00
<br />Worker's Comp
<br />441.43
<br />450.00
<br />(8.57)
<br />98.10%
<br />1,000.00
<br />Staff Ins./Retirement
<br />595.03
<br />1,021.17
<br />(426.14)
<br />58.27%
<br />12,254.00
<br />Meetings & Hosting
<br />269.67
<br />270.00
<br />(0.33)
<br />99.88%
<br />500.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />50,000.00
<br />Out of Town Travel
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />4,000.00
<br />Intown Auto/Exp Allowance
<br />200.00
<br />250.00
<br />(50.00)
<br />80-00%
<br />3,000.00
<br />Membership Dues/Sub.
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />6,800.00
<br />Audit/Tax
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,000.00
<br />Bookkeeping
<br />704.17
<br />583.34
<br />120.83
<br />120.71 %
<br />7,000.00
<br />Payroll Expenses
<br />7,529.92
<br />7,575.00
<br />(45.08)
<br />99.40%
<br />90,903.00
<br />Payroll Tax Expense
<br />570.87
<br />750.09
<br />(179.22)
<br />76.11 %
<br />9,001.00
<br />Office Expense
<br />0.00
<br />250.00
<br />(250.00)
<br />0.00%
<br />3,000.00
<br />Communications
<br />227.39
<br />291.67
<br />(64.28)
<br />77.96%
<br />3,500.00
<br />Historical Museum
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,500.00
<br />Bank Service Charge
<br />132.05
<br />41.00
<br />91.05
<br />322.07%
<br />500.00
<br />Motel Tax Transferred to LCC
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />475,000.00
<br />Marketing / Advertising
<br />2,000.00
<br />2,000.00
<br />0.00
<br />100.00%
<br />95,000.00
<br />Chaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />0,00%
<br />2,100.00
<br />Tour de Paris Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />32,000.00
<br />Lamar Co Days in Austin Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,992.00
<br />ASA
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />13,000.00
<br />SDBA Boat Races
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />9,000.00
<br />TMBRA Bicycle Race Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />14,000.00
<br />Eclipse Expense
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />10,000.00
<br />Steak Wars
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,000.00
<br />Prospective Event Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />50,000.00
<br />Kayak Adventure Exp
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />10,000.00
<br />Events Promotion / Funding
<br />6,887.50
<br />6,900.00
<br />(12.50)
<br />99.82%
<br />60,000.00
<br />Arts Allocation
<br />7,000.00
<br />7,000.00
<br />0.00
<br />100.00%
<br />7,000.00
<br />Pump Track
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,500.00
<br />Rent to COC
<br />1,200 00
<br />..._.._
<br />1,2 00 00„
<br />0.00
<br />100.00%
<br />www 14,400.00
<br />Total Operating Expenses
<br />42,838.24
<br />43,662.27
<br />(824.03
<br />98.11 %
<br />1,023,000.00
<br />Operating Income (Loss)
<br />42,828.54)
<br />(43,349.77)
<br />521.23
<br />98.80%
<br />(69,250.0Q
<br />NOT -HOT INCOME
<br />Trolley / Historical
<br />150.00
<br />150.00
<br />0.00
<br />100.00%
<br />6,000.00
<br />Tour de Paris Income
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />50,000.00
<br />TMBRA Bicycle Race
<br />0.00
<br />0.00
<br />0.00
<br />0,00%
<br />14,000.00
<br />Pump Track Event Income
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,000.00
<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
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