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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 August 31, 2025 and 2024 and 11 Months Ended August 31, 2024
<br />1 Month Ended 1 Month Ended 1 Month Ended 11 Months Ended
<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 />Aug 31, 2025
<br />Aug 31, 2025
<br />Aug 31, 2024
<br />Aug 31, 2024
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />Motel Tax
<br />$ 132,852.78
<br />$ 118,750.00
<br />$ 0.00 $
<br />349,871.93
<br />R.V. Hook Up
<br />1,454.45
<br />0.00
<br />1,881.88
<br />15,046.09
<br />Misc Income
<br />0.00
<br />0.00
<br />01.00
<br />26.00
<br />Rent
<br />16,789.70
<br />0.00
<br />11,494.98
<br />102,946.60
<br />Refunded Deposits
<br />(600.00)
<br />(600.00)
<br />0.00
<br />(16,155.00)
<br />Tower Lighting
<br />100.00.
<br />._ w.. ..._.......100.00
<br />100 00. _..
<br />...
<br />.. ,. n.w. 300.00
<br />.......
<br />Total Revenue
<br />150 596.93
<br />118 0.00
<br />13,476.86
<br />.455.62
<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 />338.56
<br />1,033.99
<br />Communications
<br />449.36
<br />500.00
<br />282.37
<br />3,600.85
<br />Office Expense
<br />35.76
<br />333.33
<br />118.28
<br />1,101.06
<br />Payroll Expenses
<br />9,736.98
<br />10,000.00
<br />9,316.01
<br />102,529.45
<br />Payroll Tax Expense
<br />734.84
<br />900.00
<br />706.67
<br />7,845.45
<br />Marketing / Advertising
<br />232.99
<br />250.00
<br />0.00
<br />544.50
<br />Audit/Tax
<br />300.00
<br />300.00
<br />250.00
<br />250.00
<br />Bookkeeping
<br />708.33
<br />583.33
<br />797.91
<br />7,268.09
<br />Electricity
<br />6,198.73
<br />4,000.00
<br />9,513.95
<br />42,274.88
<br />Water
<br />790.99
<br />750.00
<br />790.30
<br />12,883.95
<br />Gas
<br />139.76
<br />150.00
<br />100.94
<br />5,532.45
<br />Trash Disposal
<br />0.00
<br />541.66
<br />423.32
<br />4,499.77
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />250.00
<br />2,750.00
<br />903 Concert Series
<br />0.00
<br />0.00
<br />0.00
<br />22,745.41
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />25,000.00
<br />Building Maint./Spls/Equip
<br />21,270.89
<br />21,300.00
<br />15,826.41
<br />113,596.56
<br />Security
<br />58.95
<br />416.66
<br />58.95
<br />1,268.25
<br />Staff Ins./Retirement
<br />657.93
<br />833.33
<br />668.03
<br />7,204.45
<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 />45.95
<br />50.00
<br />0.00
<br />411.57
<br />Ground Maintenance
<br />5,118.00
<br />1,125.00
<br />300.00
<br />8,948.00
<br />Capital Improvements
<br />0.00
<br />0
<br />OAO„
<br />_ 12,200.00, .
<br />.,....37 648.96
<br />Total Operating Expenses_•
<br />46816.39
<br />42,324.31
<br />51,941.70
<br />416,470.43
<br />Operating Income (Loss)
<br />103,780.54
<br />75,925.69
<br />3 8,464.84 _
<br />35,565.19
<br />Other Income
<br />Interest Income
<br />164.21
<br />416 66
<br />1 429.95 _
<br />.. 8 573.45
<br />Total Other Income
<br />164.21a
<br />�. 416.66
<br />1,429.95
<br />181573A5
<br />Other Expenses
<br />Total Other Expenses
<br />0.00
<br />0.000.00
<br />0.00
<br />Net Income (Loss)
<br />103
<br />$,944 75
<br />$ 76,342.35
<br />$ 37,034 89 $
<br />m 54,138.64
<br />nG..0
<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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