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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 />November 30, 2024 <br />ASSETS <br />CURRENT ASSETS <br />HOT Checking <br />$ 131,868.90 <br />Reserved- Additional Marketing <br />27,367.00 <br />Not HOT Checking <br />247,084.94 <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 25490 <br />53,205.97 <br />Total Current Assets 786,386.85 <br />OTHER ASSETS <br />Due From COC 115.00 <br />Total Other Assets 115.00 <br />Total Assets $ 786,501.85 <br />LIABILITIES AND NET ASSETS <br />CURRENT LIABILITIES <br />Due to COC $ 14,240.56 <br />Due to LCC 5,641.65 <br />Accounts Payable 783.33 <br />Payroll Liabilities 628.90 <br />Total Current Liabilities 21,294.44 <br />NET ASSETS <br />Retained Earnings 838,688.75 <br />4 <br />Net Income _(._7_3,4_81.3.-� <br />�.� <br />Total Net Assets 765,207.41 <br />Total Liabilities and Net Assets $ 786,501.85 <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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