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Love Civic Center
<br />Budget to Actual, Year -to -Date
<br />Modifed Cash Basis
<br />J , �
<br />Financial statcment 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 />5 Months Ended 5 Months Ended
<br />% of
<br />Annual
<br />Fels 28, 2029 -
<br />Feb 28, 2029 A
<br />Variance
<br />Budget
<br />Budget
<br />Actual
<br />Budget
<br />Revenue
<br />Motel'Fax
<br />$ 130,523.114
<br />$ 125,000.00
<br />$ 5,523.04
<br />104.42%
<br />500,000.00
<br />R.V. I -took Up
<br />6,504.28
<br />5,900.00
<br />604.28
<br />110.24%
<br />15,000.00
<br />Miso Income
<br />0..00
<br />0.00
<br />0.00
<br />0.00 %
<br />500.00
<br />Pent
<br />600725,00
<br />61,900.00
<br />(1,175.00)
<br />98.10%
<br />100,000.00
<br />Refunded Deposits
<br />(9,02 5.00)
<br />(9,0110.00)
<br />(25.00)
<br />100,28%
<br />(14,000.00)
<br />Tower Lighting
<br />100 00
<br />100 00
<br />............. ....m--
<br />0.00
<br />.............._
<br />100..00 1®
<br />200.00YtlYPV
<br />........
<br />Total Revenue
<br />188,827.32
<br />193,900.00
<br />4,927.32
<br />1.03
<br />601,700.00
<br />Operating Expenses
<br />Sanctioned 060 Expense
<br />10,000.00
<br />10,000.00
<br />0.00
<br />100,00 %
<br />100000..00
<br />Bank Service Charge
<br />1,084.04
<br />1,075.00
<br />9,04
<br />100.84 %
<br />1,500.00
<br />Communications tions
<br />2,013.21
<br />2,500.00
<br />(486..79)
<br />80.53%
<br />6,000.00
<br />Office Expense
<br />1,324.60
<br />1,2.50.00
<br />74.30
<br />105..96 %
<br />3,000.00
<br />(Payroll Expenses
<br />51,310.73
<br />50,726.00
<br />584.73
<br />101.15 %
<br />110,882.00
<br />(Payroll Tax Expense
<br />3,966.70
<br />4,012.50
<br />(25.80)
<br />94.36 %
<br />9„360.00
<br />Marketing t Adverfising
<br />1,014.36
<br />1,050,00
<br />(35.64)
<br />96.61 %
<br />5,000..00
<br />Professional Fees
<br />6,630.26
<br />7,54130
<br />(711.44)
<br />90..57%
<br />12,500.00
<br />Membership Dues/Sub
<br />358.67
<br />0.00
<br />359.67
<br />0.00%
<br />0.00
<br />Utilities
<br />29,791,83
<br />30,206.39
<br />(416.51)
<br />98.62%
<br />72,500.00
<br />lntown Auto Exp Allowance
<br />1,000.00
<br />1,250.00
<br />(250.00)
<br />80.00%
<br />3,000.00
<br />Small Equipment
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,000.00
<br />903 Concert series
<br />0.00
<br />0.00
<br />0.010
<br />0.00 %
<br />30,000.00
<br />Chamber Management
<br />35,000.00
<br />35,000.00
<br />0.00
<br />100,00 %
<br />35,000.00
<br />Eiffel Tower LightinglMaint
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,000.00
<br />Building Maint.lspisdErlutip
<br />2.7„052.47
<br />17,200.00
<br />(147.53)
<br />99.46%
<br />115,000.00
<br />Security
<br />821.55
<br />1,666.70
<br />(845.15)
<br />49,29%
<br />4,000.00
<br />Staff ins,lRetireryient
<br />3,040.41
<br />3,531.25
<br />(490.84)
<br />86.10 %
<br />8,475.00
<br />Building insurance
<br />14,927.99
<br />7,500.00
<br />7„427.99
<br />199,04%
<br />7,500.00
<br />General Liability
<br />1,49199
<br />1,500.00
<br />(6.01)
<br />99.60 %
<br />5„000.00
<br />Workers Cornp. Insurance
<br />524..66
<br />550.00
<br />(25.34)
<br />95.39 %
<br />1,400.00
<br />Directors & Officers
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,040.00
<br />Miso Expenses
<br />85.92
<br />85.00
<br />0.92
<br />'t 01.08 %
<br />1,000.00
<br />Ground Maintenance
<br />4,342.00
<br />5,625.00
<br />(1,283.00)
<br />77.19 %
<br />13,500.00
<br />Executive Managment Fee
<br />15,000.00
<br />15,000..00
<br />0.00
<br />100.00%
<br />15,000.00
<br />Furniture & Fixtures
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />25,000.00
<br />Capital lmprovements
<br />0..00
<br />0.00
<br />0.00
<br />0.00%
<br />45,783.00
<br />Heat Pumps
<br />20,400.00
<br />20,400.000=
<br />100.00%
<br />56,800.00
<br />Total Operating Expenses
<br />2311403.64
<br />227,971.54
<br />3,732.10
<br />101.64 % M
<br />601,700.00
<br />Other Income
<br />Interest Income
<br />:1,165.47
<br />2 081 00
<br />(9�5 53�
<br />56.01 %5000.00
<br />Total Other Income
<br />1,165.4-7
<br />210 1.00
<br />(915.53)
<br />56,01 %
<br />5,000,00
<br />Net Income (Loss)
<br />279.59
<br />99.33% $
<br />5,000.00
<br />Financial statcment 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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