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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 June 30, 2025 and 2024 and 9 Months Ended June 30, 2024
<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 />9 Months Ended
<br />Jun 30, 2025
<br />Jun 30, 2025
<br />Jun 30, 2024
<br />Jun 30, 2024
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Motel Tax
<br />$ 119,380.54
<br />$ 118,750.00
<br />$ 0.00
<br />$ 349,871.93
<br />R.V. Hook Up
<br />2,090.08
<br />0.00
<br />1,575.92
<br />10,403.32
<br />Rent
<br />12,525.00
<br />0.00
<br />8,325.00
<br />86,981.68
<br />Refunded Deposits
<br />(1,750.00)
<br />(1,750.00)
<br />(1,400.00)
<br />(13,930.00)
<br />Tower Lighting,
<br />0.00
<br />0_00
<br />m _0.00
<br />..,. 200.00
<br />Total Revenue433,526.93
<br />132 245.62
<br />117 000.00
<br />8,500.92
<br />Operating Expenses
<br />Branding/Marketing Exp
<br />0.00
<br />0.00
<br />0.00
<br />750.00
<br />Bank Service Charge
<br />86.93
<br />41.00
<br />86.57
<br />531.07
<br />Communications
<br />340.03
<br />500.00
<br />414.89
<br />3,036.29
<br />Office Expense
<br />0.00
<br />333.33
<br />0.00
<br />852.89
<br />Payroll Expenses
<br />9,978.93
<br />10,000.00
<br />8,991.95
<br />83,758.08
<br />Payroll Tax Expense
<br />752.98
<br />900.00
<br />688.06
<br />6,416.16
<br />Marketing / Advertising
<br />157.09
<br />150.00
<br />49.50
<br />495.00
<br />Bookkeeping
<br />566.67
<br />583.33
<br />647.93
<br />5,780.59
<br />Electricity
<br />2,799.25
<br />4,000.00
<br />0.00
<br />28,436.09
<br />Water
<br />1,112.73
<br />750.00
<br />743.96
<br />7,775.78
<br />Gas
<br />174.05
<br />175.00
<br />140.90
<br />5,295.55
<br />Trash Disposal
<br />0.00
<br />541.66
<br />423.32
<br />3,653.13
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />2,250.00
<br />903 Concert Series
<br />7,000.00
<br />7,000.00
<br />0.00
<br />0.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />25,000.00
<br />Building. Maint./Spls/Equlp
<br />11,227.43
<br />11,300.00
<br />7,264.12
<br />82,383.88
<br />Security
<br />143.95
<br />416.66
<br />58.95
<br />1,150.35
<br />Staff Ins:/Retirement
<br />567.88
<br />833.33
<br />668.03
<br />5,868.39
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />4,080.53
<br />Workers Comp. Insurance
<br />0.00
<br />0.00
<br />0.00
<br />581.26
<br />Directors & Officers
<br />0.00
<br />0.00
<br />0.00
<br />2,121.00
<br />Misc Expenses
<br />0.00
<br />0.00
<br />0.00
<br />364.62
<br />Ground Maintenance
<br />2,690.00
<br />1,125.00
<br />640.00
<br />7,900.00
<br />Capital Improvements
<br />__,µµW IT_,,, 0.00
<br />0.00
<br />.__.._......�
<br />0.00
<br />25,. 448.9
<br />Total Operating Expenses303,929.62
<br />37 847.92
<br />38 899.31
<br />21 068.18
<br />Operating Income (Loss)
<br />_ 94,397.70
<br />78,100.6912,567.26'
<br />129,597.31
<br />Other Income
<br />Interest Income416
<br />5 638.33
<br />_ _...IT.
<br />66
<br />_.....W,
<br />mmmm 5 559.04 ,
<br />_16.843.63
<br />Total Other Income
<br />5,638.33
<br />416.66
<br />5,559.04
<br />16,843.63
<br />Other Expenses
<br />Total Other Expenses
<br />0.00
<br />0.00
<br />0.00
<br />0.00
<br />Net Income (Loss)
<br />$ 100 036.03
<br />$ 78,517.35
<br />$ 7008.22
<br />$ 146,440.94
<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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