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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 December 31, 2024 and 2023 and 3 Months Ended December 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 />3 Months Ended
<br />Dec 31, 2024
<br />Dec 31, 2024
<br />Dec 31, 2023
<br />Dec 31, 2023
<br />Actual
<br />Budget
<br />Actual
<br />Actual
<br />REVENUE
<br />Hotel / Motel Occupancy Tax
<br />$ 275,534.30
<br />$ 237,500.00
<br />$ 241,868.82
<br />$ 241,868.82
<br />Hot Money Interest1,356.06
<br />..�.�,��..........18.32
<br />312.50
<br />_ 302.47.
<br />........_.�
<br />Total Revenue
<br />275,552.62
<br />237,812.50
<br />242,171.29
<br />.243,224.88
<br />OPERATING EXPENSES
<br />Postage
<br />0.00
<br />0.00
<br />42.19
<br />65.41
<br />Misc Expenses
<br />0.00
<br />0.00
<br />0.00
<br />111.59
<br />Worker's Comp
<br />0.00
<br />0.00
<br />89.74
<br />646.90
<br />Staff Ins./Retirement
<br />1,487.36
<br />1,021.17
<br />483.69
<br />1,615.17
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />9.96
<br />21.64
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />12,500.00
<br />Out of Town Travel
<br />100.50
<br />100.00
<br />1,115.18
<br />1,433.31
<br />Intown Auto/Exp Allowance
<br />200.00
<br />250.00
<br />200.00
<br />600.00
<br />Membership Dues/Sub.
<br />0.00
<br />0.00
<br />0.00
<br />1,650.00
<br />Bookkeeping
<br />603.33
<br />583.34
<br />556.50
<br />1,607.83
<br />Payroll Expenses
<br />10,070.96
<br />7,575.00
<br />8,179.26
<br />22,452.30
<br />Payroll Tax Expense
<br />765.27
<br />750.09
<br />620.55
<br />1,702.12
<br />Office Expense
<br />5.85
<br />250.00
<br />55.25
<br />937.33
<br />Communications
<br />0.00
<br />291.67
<br />203.31
<br />269.73
<br />Bank Service Charge
<br />17.06
<br />41.00
<br />37.46
<br />178,28
<br />Motel Tax Transferred to LCC
<br />137,767.15
<br />118,750.00
<br />120,934.41
<br />120,934.41
<br />Marketing/Advertising
<br />11,070.00
<br />3,300.00
<br />5,237.30
<br />18,824.03
<br />Chaparral Square Dancers
<br />0.00
<br />0.00
<br />0.00
<br />65.66
<br />Tour de Paris Exp
<br />0.00
<br />0.00
<br />500.00
<br />850.00
<br />TMBRA Bicycle Race Exp
<br />50.00
<br />0.00
<br />50.00
<br />50.00
<br />Red Bull Qualifier Exp
<br />0.00
<br />0.00
<br />0.00
<br />1,148.34
<br />Pump Track Event
<br />0.00
<br />0.00
<br />0.00
<br />6,100.11
<br />Branding Discovery
<br />0.00
<br />0.00
<br />0.00
<br />750.00
<br />Eclipse Expense
<br />0.00
<br />0.00
<br />(176.00)
<br />2,233.00
<br />Events Promotion / Funding
<br />962.50
<br />1,000.00
<br />0.00
<br />10,890.00
<br />Rent to COC
<br />1,200.00
<br />...r " 1,200.00
<br />1,000.00
<br />3,000.00
<br />Total Operating Expenses
<br />164,299.98
<br />n 135,112.27
<br />139,138.80
<br />210,637.16
<br />Operating Income (Loss)
<br />111,252.64
<br />102,700.23
<br />103,032.49
<br />_ 32,587.72
<br />NOT -HOT INCOME
<br />Trolley/Historical
<br />1,675.00
<br />1,675.00
<br />3,600.00
<br />4,650.00
<br />TMBRA Bicycle Race
<br />0.00
<br />50.00
<br />730.80
<br />730.80
<br />Pump Track Event Income
<br />0.00
<br />0.00
<br />0.00
<br />1,645.00
<br />Souvenir Sales
<br />10.00
<br />10.00
<br />239.10
<br />1,607.91
<br />Interest Income
<br />105.07
<br />312.50
<br />318.92
<br />951.92
<br />Total Other Income
<br />1,790.07
<br />2,047;50
<br />4,888.82
<br />9,585.63
<br />NOT -HOT EXPENSES
<br />Credit Card Fees
<br />(83.01)
<br />166.67
<br />40.99
<br />785.81
<br />Trolley Driver
<br />420.00
<br />400.00
<br />577.50
<br />735.00
<br />Trolley Expenses
<br />0.00
<br />0.00
<br />79.28
<br />1,400.88
<br />Trolley Insurance
<br />0.00
<br />0.00
<br />190.38
<br />564.68
<br />Souvenir Exp
<br />0.00
<br />0.00
<br />1,478.68
<br />1,903.68
<br />Misc NH Expense
<br />165.00
<br />m„mmmmmmm IT 0.00
<br />wwwwmITIT 0.00
<br />0.00
<br />Total Not -Hot Expenses
<br />501.99
<br />566.67
<br />2,366.83
<br />5,390.05
<br />Net Income (Loss)
<br />$ 112,540.72
<br />$ 104,181 06
<br />$ 105,554 48
<br />$ 36,783 30
<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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