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Agenda Packet
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07-28-2025
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Agenda Packet
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7/24/2025 11:45:12 AM
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7/24/2025 11:43:08 AM
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Paris Visitor & Convention Council <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />May 31, 2025 <br />ASSETS <br />CURRENT ASSETS <br />HOT Checking <br />$ 160,036.74 <br />Reserved- Additional Marketing <br />27,367.00 <br />Not HOT Checking <br />268,388.59 <br />Liberty MM 5269 <br />224,161.77 <br />LNB CD 0718 <br />53,816.44 <br />First Federal CD 8703 -NH <br />52,740.95 <br />Credit Union of Texas 1000 - NH <br />_ 52693.02 <br />Total Current Assets <br />839 ,204.51 <br />OTHER ASSETS <br />Due From COC 90.53 <br />Total Other Assets 90.53 <br />Total Assets $ 839,295.04 <br />LIABILITIES AND NET ASSETS <br />CURRENT LIABILITIES <br />Due to COC <br />$ 38.65 <br />Due to LCC <br />6,086.77 <br />Payroll Liabilities <br />480.36 <br />Total Current Liabilities <br />6,606.78 <br />NET ASSETS <br />Retained Earnings 837,523.75 <br />Net Income 4 834.49 <br />Total Net Assets 832,689.26 <br />Total Liabilities and Net Assets $ 839,295.04 <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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