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Love Civic Center
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the 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 />Acutal
<br />Revenue
<br />.Motel Tax
<br />$ 137,767.15
<br />$ 118,750.00
<br />$ 120,934.41
<br />$ 120,934.41
<br />R.V. Hook Up
<br />0.00
<br />0.00
<br />1,256.96
<br />2,507,59
<br />Rent
<br />11,942.97
<br />12,000.00
<br />11,125.00
<br />21,643.76
<br />Refunded Deposits
<br />_wwmmmmmmm 1 400.00
<br />� 9,400.0PJ
<br />_ 200.00
<br />(3,606 0.00
<br />Total Revenue
<br />148,310.12
<br />129,350.00
<br />133,116.37
<br />141,585.76
<br />Operating Expenses
<br />Branding/Marketing Exp
<br />0.00
<br />0.00
<br />0.00
<br />750.00
<br />Sanctioned BBQ Expense
<br />7,759.25
<br />8,000.00
<br />0.00
<br />0.00
<br />Bank Service Charge
<br />175.77
<br />42.00
<br />29.05
<br />14933
<br />Communications
<br />206.39
<br />500.00
<br />227.31
<br />615.78
<br />Office Expense
<br />16.60
<br />333.34
<br />0.00
<br />324.49
<br />Payroll Expenses
<br />12,959.48
<br />10,000.00
<br />11,689.09
<br />29,658.41
<br />Payroll Tax Expense
<br />986.40
<br />900.00
<br />890.61
<br />2,260.85
<br />Marketing / Advertising
<br />0.00
<br />0.00
<br />99.00
<br />346.50
<br />Bookkeeping
<br />603.33
<br />583.34
<br />556.50
<br />1,607.84
<br />Electricity
<br />7,802.53
<br />4,000.00
<br />3,545.25
<br />8,872.64
<br />Water
<br />1,125.88
<br />750.00
<br />758.37
<br />4,314.55
<br />Gas
<br />313.80
<br />300.00
<br />801.67
<br />1,224.69
<br />Trash Disposal
<br />0.00
<br />541.67
<br />391.97
<br />1,175.91
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />750.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />25,000.00
<br />Building Maint./Spls/Equip
<br />2,752.02
<br />2,800.00
<br />6,297.93
<br />53,348.34
<br />Security
<br />58.95
<br />416.67
<br />58.95
<br />176.85
<br />Staff Ins./Retirement
<br />1,650.99
<br />833.34
<br />639.42
<br />1,884.80
<br />General Liability
<br />4,481.95
<br />5,000.00
<br />4,080.53
<br />4,080.53
<br />Workers Comp. Insurance
<br />0.00
<br />0.00
<br />0.00
<br />581.26
<br />Misc Expenses
<br />0.00
<br />0.00
<br />39.90
<br />272.38
<br />Ground Maintenance
<br />3,008.00
<br />1,125.00
<br />620.00
<br />3,260.00
<br />Capital Improvements
<br />0.00
<br />0.00
<br />0.00
<br />---..-'25,448.96
<br />Total Operating Expenses
<br />44151.34
<br />36„375.36
<br />30 975.55
<br />166 04.11
<br />Operating Income (Loss)
<br />104,158.78
<br />92,974.64•
<br />102,140.82
<br />X24,5'18.35
<br />Other Income
<br />Interest Income
<br />518.43
<br />416.67
<br />� 189.54
<br />1,022.02
<br />Total Other Income
<br />518.43
<br />416.67
<br />189.54
<br />1,022.02
<br />Other Expenses
<br />Total Other Expenses
<br />0.00
<br />0.00
<br />0.00
<br />0.00
<br />Net Income (Loss)
<br />$ . 104,677.21
<br />$ 93,391.31
<br />$ 102,330.36
<br />23 496 33
<br />$� )
<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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