06 - Boards & Commissions - Minutes & ReportsItem No. 6
VCC gAURTERLY REPORTS: October,, November, December, 2020
October,., 2020
City of Paris Main Street, "Festival of Pumpkins ....... October 24th, 2020
Funded $1820.00
November 2020
No VCC Funded Events
December 2020
No VCC Funded Events
Room nights: 26
Paris Visitor & Convention Council
Statement of Assets, Liabilities and Net Assets
Modified Cash Basis
October 31, 2020
ASSETS
CURRENT ASSETS
HOT Checking
Not HOT Checking
GBB CD 6303883
GBB CD 6303882
Liberty MM 5269
LNB CD 25490
Total Current Assets
OTHER ASSETS
Returned Checks Receivable
Total Other Assets
Total Assets
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Due to COC
Due to LCC
Due to Trail de Paris T -Shirt
Payroll Liabilities
Total Current Liabilities
NET ASSETS
Retained Earnings
Net Income
Total Net Assets
Total Liabilities and Net Assets
$ 41,445.44
151,297.98
28,614.21
103,282.77
52,087.90
51.082.71
4271811.01
35.00
35.00
$ 427846.07
$ 3,409.62
5,697.53
10.00
742.55
9,869.70
441,852.87
X23 866.56
417 986.31
$ 427,846.01
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Paris Visitor & Convention Council
Budget to Actual, Year to Date
Modified Cash Basis
For the 1 Month Ended October 31, 2020
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
1 Month Ended
1 Month Ended
Oct 31, 2020
Oct 31, 2020
Variance
% of Budget
Annual Budget
Actual
Budget
Revenue
Hotel / Motel Occupancy Tax
$ 0.00
$ 0.00
$ 0.00
0.00% $
650,000.00
Hot Money Interest
. 3.19�m....
21.00
X17.81)
15.19».%
250._00
Total Revenue
9.19
21.00(
17.81)
15.12%
650,2511.00
Operating Expenses
Postage
0.00
0.00
0.00
0.00%
1,000.00
Mise Expenses
0.00
0:00
0.00
0.00%
1,500.00
General Liability
0.00
0.00
0.00
0.00%
1,500.00
D & O Insurance
0.00
0.00
0.00
0.00%
1,500.00
Long Tent Disability
0.00
0.00
0.00
0.00%
200.00
Workers Comp
52.15
50.00
2.15
104.30 %
1,000.00
Staff Ins./Retirement
1,239.12
708.00
531.12
175.02%
8,500.00
Meetings & Hosting
0.00
0.00
0.00
0.00%
200.00
Chamber Management
0.00
0.00
0.00
0.00%
40,000.00
Out of Town Travel
0.00
0.00
0.00
0.00%
1,500.00
Intown Auto/Exp Allowance
200.00
208.00
(8.00)
96.15%
2,500.00
Membership Dues/Sub.
100.00
458.00
(358.00)
21.83%
5,500.00
Audit
0.00
0.00
0.00
0.00%
2,200.00
Bookkeeping
380.00
500.00
(120.00)
76.00%
6,000.00
Payroll Expenses
61659.88
6,835.00
(175.12)
97.44%
82,025.00
Payroll Tax Expense
504.33
537.00
(32.67)
93.92%
6,450.00
Office Expense
158.50
166.00
(7.50)
96.48%
2,000.00
Communications
602.92
208.00
394.92
289.87%
2,500.00
Historical Museum
0.00
0.00
0.00
0.00%
3,500.00
Bank Service Charge
37.46
41.00
(3.54)
91.37%
500.00
Motel Tax Transferred to LCC
0.00
0.00
0.00
0.00%
325,000.00
Marketing / Advertising
4,169.72
5,000.00
(830.28)
83.39%
65,000.00
Chaparral Square Dancers
0.00
0.00
0.00
0.00%
2,100.00
Tour de Paris Exp
7,968.31
8,000.00
(31.69)
99.60%
28,000.00
ASA
0.00
0.00
0.00
0.00%
27,000.00
ASA Indoor Archery Event Exp
0.00
0.00
0.00
0.00%
2,000.00
SDBA Boat Races
0.00
0.00
0.00
0.00%
7,000.00
TMBRA Bicycle Race Exp
4,696.81
5,500.00
(803.19)
85.40%
5,500.00
Events Promotion / Funding
0.00
0.00
0.00
0.00%
44,000.00
Arts Allocation
0.00
0.00
0.00
0.00%
7,000.00
Baseball Field Lighting
11,855.86
11,855.86
0.00
100.00%
11,855.86
Rent to COC
1,000.00
_ 1,000.00
0.00
100.00% w
12,000.00
Total Operating Expenses
39,625.06
41,066.86
J11,441.80
98.49%
706,530.86
Operating Income (Loss)
8?
...... 141,045.86w_
....,_, 1423 98
96.63%
56,280.86
NOT -HOT INCOME
Misc Income
0.44
0.50
(0.06)
85.00%
11000.00
Trolley / Historical
0.00
0.00
0.00
0.00%
5,000.00
Tour de Paris Income
17,942.78.
18,000.00
(57.22)
99.68%
48,000.00
ASA Indoor Archery Event
0.00
0.00
0.00
0.00%
2,000.00
TMBRA Bicycle Race
0.00
0.00
0.00
0.00%
7,000.00
Souvenir Sales
426.93
425.00
1.93
100.45%
81000.00
Interest Income
12.53
21.00_
__ ___ __ 47
59.67 %
_ 250.00
Total Not -Hot Income
18,382.68
18,446.5063.82
99.65 %
72,250.00
NOT -HOT EXPENSES
Credit Card Fees
299.30
125.00
174.30
239.44%
1,500.00
Trolley Driver
136.00
150.00
(14,0D)
90.67%
1,800.00
Trolley Expenses
1,973.70
2,000.00
(26.30)
98.69%
5,000.00
Trolley Insurance
198.48
175.00
23.48
113.42%
2,100.00
Souvenir Exp
0.00
0.00
0.00
0.00%
5,000.00
Misc NH Expense
_______ ...... 19.89
_ 0.00
_ 19.89
0.00%
-
Total Not -Hot Expenses
2,627.37
,450.00
177.37
107.24%
15,400.00
Net Income (Loss)
$ 128866.56
$ (25,049.36)
$ 1182.80
,95.28 %
568.14
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Paris Visitor & Convention Council
Budget to Actual, Current Month and Prior Year Period
Modified Cash Basis
For 1 Month Ended October 31, 2020 and 2019 and 7 Month Ended October 31, 2019
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
1 Month Ended
1 Month Ended
1 Month Ended
1 Month Ended
Oct 31, 2020
Oct 31, 2020
Oct 31, 2019
Oct 31, 2019
Actual
Budget
Actual
Actual
REVENUE
Hotel / Motel Occupancy Tax
$ 0.00
$ 0.00
$ 0.00
$ 0.00
Hot Money Interest
3.19
21.00
1.37
_ 1.37
Total Revenue
3.19
21.00
1.37
1.37
OPERATING EXPENSES
Postage
0.00
0.00
49.84
49.84
Mise Expenses
0.00
0.00
7.86
7.66
Worker's Comp
52.15
50.00
0.00
0.00
Staff Ins./Retirement
1,239.12
708.00
508.42
508.42
Out of Town Travel
0.00
0.00
12.94
12.94
lntown Auto/Exp Allowance
200.00
208.00
200.00
200.00
Membership Dues/Sub.
100.00
458.00
675.00
675.00
Bookkeeping
380.00
500.00
425.00
425.00
Payroll Expenses
8,659.88
8,835.00
6,790.75
6,790.76
Payroll Tax Expense
504.33
537.00
514.33
514.33
Office Expense
158.50
166.00
90.06
90.06
Communications
602.92
208.00
127.37
127.37
Bank Service Charge
37.46
41.00
7.46
7.46
Marketing I Advertising
4,169.72
51000.00
6,843.41
6,843:41
Tour de Paris Exp
7,968.31
8,0b0.00
0.00
0.00
TMBRA Bicycle Race Exp
4,696.81
5,500.00
0.00
0.00
Events Promotion / Funding
0.00
0.00
6,615.00
6,615.00
Baseball Feld Lighting
11,855.86
11,855.86
11,855.86
11,855.86
Rent to COC_
1,000.00
1,,000.00
cow 1,000.009,000.00
Total Operating Expenses
39,625.06
41 066.86
35,723.11
_35,723.11
Operating Income (Loss)
(39,621.!7j
41 045.8636
721.74
35,721.74
NOT -HOT INCOME
Misc Income
0.44
0.50
1.53
1.53
Trolley / Historical
0.00
0.00
550.00
550.00
Tour de Paris Income
17,942.78
18,000.00
0.00
0.00
Souvenir Sales
426.93
425.00
1,059.23
1,059.23
Interest Income
12.53
21.00
24.85
24.85
Total Other Income
18,382.68
18,446.50
1,835.67
1-635.61
NOT -HOT EXPENSES
Credit Card Fees
299.30
125.00
0.00
0.00
Trolley Driver
136.00
150.00
180.00
180.00
Trolley Expenses
1,973.70
2,000.00
0.00
0.00
Trolley Insurance
198.48
175.00
179.98
179.98
Souvenir ap
0.00
0.00
787.54
787.54
Mise NH Expense
19.89„
0.00
0.00
0.00
Total Not -Hot Expenses
2,627.37
2,450.00
1,147.52
111,147.R
Net Income (Loss)
$ (23,866.561
!____a5_,049.36
$ (35,233.65)
35,233.61
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Paris Visitor & Convention Council
Statement of Assets, Liabilities and Net Assets
Modified Cash Basis
November 30, 2020
ASSETS
CURRENT ASSETS
HOT Checking
Not HOT Checking
GBB CD 6303883
GBB CD 6303882
Liberty MM 5269
LNB CD 25490
Total Current Assets
OTHER ASSETS
Returned Checks Receivable
Due From LCC
Due From COC
Total Other Assets
Total Assets
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Due to COC
Due to LCC
Due to Trail de Paris T -Shirt
Payroll Liabilities
Total Current Liabilities
NET ASSETS
Retained Earnings
Net Income
Total Net Assets
Total Liabilities and Net Assets
$ 229,037.20
151,903.15
28,614.21
103,282.77
52,087.90
51„082.71
616,007.94
35.00
151.85
161.84
358.69
$ 616 366.63
$ 3,602.30
114,387.12
10.00
742.55
118,741.97
435,471.84
62,152.82
497,624.66
$$6616,366 63
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in fmancial statements prepared in accordance with the modified rash basis of
accounting are omitted and no assurance is provided
Paris Visitor & Convention Council
Budget to Actual, Year to Date
Modified Cash Basis
For the 2 Months Ended November 30, 2020
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
2 Months Ended
2 Months Ended
Nov 30, 2020
Nov 30, 2020
Variance
% of Budget
Annual Budget
Actual
Budget
Revenue
Hotel / Motel Occupancy Tax
$ 217,480.83
$ 162,500.00 $
54,980.83
133.83% $
650,000.00
Hot Money Interest
. 4
42.00
. ....... _ 32,86
_ 21.76%
250.00
Total Revenue
217,489.97
162,542.00
64,947.97
133.81%
650,250.00
Operating Expenses
Postage
32.82
35.00
(2.18)
93.77%
1,000.00
Misc Expenses
33.36
35.00
(1.64)
95.31 %
1,500.00
General Liability
0.00
0.00
0.00
0.00%
1,500.00
D & 0 Insurance
0.00
0.00
0.00
0.00%
1,500.00
Long Term Disability
0.00
0.00
0.00
0.00%
200.00
Workers Comp
52.15
50.00
2.15
104.30%
11000.00
Staff Ins./Retirement
1,930.26
1,416.00
514.26
136.32%
8,500.00
Meetings & Hosting
51.49
50.00
1.49
102.98%
200.00
Chamber Management
10,000.00
10,000.00
0.00
100.00%
40,000.00,
Out of Town Travel
0.00
0.00
0.00
0.00%
11500.00
Intown Auto/Exp Allowance
400.00
416.00
(16.00)
96.15%
2,500.00
Membership Dues/Sub.
100.00
458.00
(358.00)
21.83%
5,500.00
Audit
0.00
0.00
0.00
0.00%
2,200.00
Bookkeeping
895.00
1,000.00
(105.00)
89.50%
6,000.00
Payroll Expenses
13,188.88
13,670.00
(481.12)
98.48%
82,025.00
Payroll Tax Expense
998.64
1,074.00
(75.36)
92.98%
6,450.00
Office Expense
542.96
332.00
210.96
163.54%
2,000.00
Communications
922.80
416.00
506.80
221.83%
2,500.00
Historical Museum
0.00
0.00
0.00
0.00%
3,500.00
Bank Service Charge
104.69
82.00
22.69
127.67%
500.00
Motel Tax Transferred to LCC
108,740.41
81,250.00
27,490.41
133.83%
325,000.00
Marketing / Advertising
6,478.00
7,500.00
(1,022.00)
86.37-%
65,000.00
Chaparral Square Dancers
0.00
0.00
0.00
0.00%
2,100.00
Tour de Paris Exp
9,470.31
9,500.00
(29.69)
99.69%
28,000.00
ASA
0.00
0.00
0.00
0.00%
27,000.00
ASA Indoor Archery Event Exp
0.00
0.00
0.00
0.00%
2,000.00
SDBA Boat Races
0.00
0.00
0.00
0.00%
7,000.00
TMBRA Bicycle Race Exp
0.00
0.00
0.00
0.00%
5,500.00
Events Promotion / Funding
3,100.00
3,000.00
100.00
103.33%
44,000.00
Arts Allocation
0.00
0.00
0.00
0.00%
7,000.00
Baseball Field Lighting
11,855.86
11,855.86
0.00
100.00%
11,855.86
Rent to COC
.DO
2,000.00
0.00
100-00%
712
.._.._. 12,000.00
Total Oeratin Expenses
Total p g p
1170,897-63
144,139.86
26,7A7.
118.66%
706,530.86
Operating Income (Loss)
46,592.34
18„402.14
28,190.20
263.19 %66280.86
NOT -HOT INCOME
Misc Income
: 0.44
0.50
(0.06)
88.00%
1,000.00
Trolley / Historical
300.00
300.00
0.00
100.00%
5,000.00
Tour de Paris Income
17,942.78
18,000.00
(57.22)
99.68%
49,000.00
ASA Indoor Archery Event
0.00
0.00
0.00
0.00%
2,000.00
TMBRA Bicycle Race
0.00
0.00
0.00
0.00%
7,000.00
Souvenir Sales
557.97
575.00
(17.03)
97.04%
8,000.00
Interest Income
25.05
42.00
16 95
59.64%
250.00
Total Not -Hot Income
18„826.24
18,917.50
.... 91.2B�
99.52 %
72,250.00WWWW
NOT -HOT EXPENSES
Credit Card Fees
611.37
250.00
361.37
244.55%
1,500.00
Trolley Driver
136.00
150.00
(14.00)
90.57%
1,800.00
Trolley Expenses
1,973.70
2,000.00
(26.30)
98.69%
5.000.00
Trolley Insurance
392.80
350.00
42.80
112.23%
21100.00
Souvenir Exp
132.00
150.00
(18.00)
88.00%
51000.00
Misc NH Expense
19.89
0.00
19.89
0.00%
0000
Total Not -Hot Expenses
3,266.76
2,900.00
365.76
112.61 %
15,400.00
Not Income Loss
(Loss)
$ 62 152.82
$ 34,419.64 $
27,733.18
.... 180.67%
569.14
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Paris Visitor & Convention Council
Budget to Actual, Current Month and Prior Year Period
Modified Cash Basis
For 1 Month Ended November 30, 2020 and 2019 and 2 Months Ended November 30, 2019
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
1 Month Ended
1 Month Ended
1 Month Ended
2 Months Ended
Nov 30, 2020
Nov 30, 2020
Nov 30, 2019
Nov 30, 2019
Actual
Budget
Actual
Actual
REVENUE
Hotel ! Motel Occupancy Tax
$ 217,480.83
$ 162,500.00
$ 225,538.76
$ 225,538.76
Hot Money Interest
5.95
21.00
4.81
6.18
Total Revenue
2178486.78
162,621.00
226,543.67
2p 544.94
OPERATING EXPENSES.
Postage
32.82
35.00
10.70
60.54
Misr. Expenses
33.36
35.00
0.00
7.66
Staff InsJRetirement
691.14
708.00
339.54
847.96
Meetings & Hosting
51.49
50.00
66.19
66.19
Chamber Management
10,000.00
10,000.00
10,000.00
101000.00
Out of Town Travel
0.00
0.00
77.80
90.74
Intown Auto/Exp Allowance
200.00
208.00
200.00
400.00
Membership Dues/Sub.
0.00
0.00
0.00
675.00
Bookkeeping
515.00
'500.00
513.33
938.33
Payroll Expenses
6,529.00
6,835.00
6,529.00
13,31.9.76
Payroll Tax Expense
494.31
537.00
494.29
1,008.62
Office Expense
329.21
166.00
251.39
341.45
Communications
319.88
208.00
174.21
301.58
Bank Service Charge
37.23
41.00
7.46
14.92
Motel Tax Transferred to LCC
108,740.41
81,250.00
112,769.38
112,769.38
Marketing I Advertising
2,449.00
2,500.00
143.75
6,987.16
Tour de Parid Exp
1,502.00
1,5DO.00
0.00
0.00
Events Promotion I Funding
3,100.00
3,ODO.00
3,109.00
9,724.00
Arts Allocation
0.00
0.00
7,000.00
7,000.00
Baseball Field Lighting
0.00
0.00
0.00
11,855.86
Rent to COC
_ ....___1,000.00
100000
1,000.00
2,0
Total Operating Expenses
P 9 p
136,024.86
108,673.00
742,686.04
178,409.15
Operating Income (Loss)
81,461.93
53,948.00
62,857.53
47,135.79
NOT -HOT INCOME
Mise Income
0.00
0.00
0.00
1.53
Trolley f Historical
300.00
300.00
0.00
550.00
Souvenir Sales
131.04
150.00
332.74
1,391.97
Interest,income
12.52
.- 21.00
22.98
47.83
Total Other Income
443.66
471.00
365.72
1,991.35
NOT -HOT EXPENSES
Credit Card Fees
312.07
125.00
274.44
359.85
Trolley Driver
0.00
0.00
75.00
255.00
Trolley Expenses
0.00
0.00
1,634.72
1,634.72
Trolley Insurance
194.32
175.00
175.83
355.81
Souvenir Fxp
132.00
150.00
702.10
1,489.64
Total Not -Hot Expenses
638.39
450.00
2,862.09
4,095.02
Net Income (Loss)
$ 81,2q,7.10
$ 53,969.00
$ 80 351.16
$ 45 032.10
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Paris Visitor & Convention Council
Statement of Assets, Liabilities and Net Assets
Modified Cash Basis
December 31, 2020
ASSETS
CURRENT ASSETS
HOT Checking
Not HOT Checking
GBB CD 6303883
GBB CD 6303882
Liberty MM 5269
LNB CD 25490
Total Current Assets
OTHER ASSETS
Returned Checks Receivable
Due From LCC
Due From COC
Due From ABBS
Total Other Assets
Total Assets
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Due to COC
Due to LCC
Due to Trail de Paris T -Shirt
Payroll Llabllitles
Total Current Liabilities
NET ASSETS
Retained Earnings
Net Income
Total Net Assets
Total Liabilities and Net Assets
$ 92,164.35
149,908.98
28,614.21
103,282.77
52,087.90
51.082.71
477140.92
35.00
194.51
161.84
68.40
$ 477,600.67
$ 1,030.05
7,339.95
10.00
1.164.71
9,544.71
428,471.84
2
468,055.96
$ 477,600.67
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in fmancial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Paris Visitor & Convention' Council
Budget to Actual, Year to Date
Modified Cash Basis
For the 3 Months Ended December 31, 2020
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
3 Months Ended
3 Months Ended
Dec 31, 2020
Dec 31, 2020
Variance
% of Budget
Annual Budget
Actual
Budget
Revenue
Hotel / Motel Occupancy Tax
$ 217,460.83
$ 162,600.00
$ 54,980.83
133.83% $
650,000.00
Hot Money Interest
15.83
, 63.007.17j
25.13%
250.00
Total Revenue217.496
B6
16 2r 563.00
54933.66
133.79%
650250.00
Operating Expenses
Postage
51.07
55.00
(3.93)
92.85%
1,000.00
Misc Expenses
1,112.28
1,035.00
77.28
107.47%
1,500.00
General Liability
1,070.65
1,500.00
(429.35)
71.38%
1,500.00
D & 0 Insurance
0.00
0.00
0.00
0.00%
1,500.00
Long Term Disability
0.00
0.00
0.00
0.00%
200.00
Workers Comp
621.30
650.00
(28.70)
95.58%
1,000.00
Staff InsJRellrement
3,028.26
2,124.00
904.26
142.57%
8,500.00
Meetings & Hosting
51.49
50.00
1.49
102.98%
200.00
Chamber Management
10,000.00
10,000.00
0.00
100.00%
40,000.00
Out of Town Travel
0.00
0.00
0.00
0.00%
1,600.00
Intown Auto/Exp Allowance
600.00
624.00
(24.00)
96.15%
2,500.00
Membership Dues/Sub.
100.00
458.00
(358.00)
21.83%
5,500.00
Audit
0.00
0.00
0.00
0.00%
2,200.00
Bookkeeping
1,503.33
1,500.00
3.33
100.22%
6,000.00
Payroll Expanses
21,939.58
20,505.00
1,434.58
107.00%
82,025.00
Payroll Tax Expense
1,662.91
1,611.00
'51.91
103.22%
5,450.00
Office Expense
987.25
498.00
489.25
198.24%
2,000.00
Communications
1,288.13
824.00
664.13
206.43%
2,500.00
Historical Museum
0.00
0.00
0.00
0.00%
3,500.00
Bank Service Charge
141.69
123.00
18.69
115.20%
500.00
Motel Tax Transferred to LCC
108,740.41
81,250.00
27,490.41
133.6%
325,000.00
Marketing / Advertising
13,254.05
14,500.00
(1,245.95)
91.41%
65,000.00
Chaparral Square Dancers
0.00
0.00
0.00
0.00%
2,100.00
Tour do Paris Exp
9,470.31
9,500.00
(29.69)
99.69%
28,000.00
ASA
344.94
500.00
(155.06)
68.99%
27,000.00
ASA Indoor Archery Event Exp
0.00
0.00
0.00
0.00 %
2,000.00
SDBA Boat Races
0.00
0.00
0.00
0.00%
7,000.00
TMBRA Bicycle Race Perp
0.00
0.00
0.00
0.00%
5,500.00
Events Promotion / Funding
3,1'00.00
3,000.00
100.00
103.33%
44,000.00
Arts Ailoeation
0.00
0.00
0.00
0.00 °A
7,000.00
Baseball Field Lighting
11,855.86
11,855.86
0.00
100.00%
11,855.86
Rent to COC
3.000.00
3,000.00
_. 0.00
100.00%
12,000.00_
Total Operating Expenses
193,923.51
164962.86
28 960.66
117.56%
706,530.86
Operating Income (Loss)
23,573.15
399.86)
__ 45 978 01
982.27 % ((56.280.86)
NOT -HOT INCOME
Misc Income
0.44
0.50
(0.06)
88.00%
1,000.00
Trolley / Historical
1,400.00
770.00
630.00
181.82%
5,000.00
Tour de Paris Income
17,942.78
18,000.00
(57.22)
99.68%
49,000.00
ASA Indoor Archery Event
0.00
0.00
0.00
0.00%
2,000.00
TMBRA Bicycle Race
0.00
0.00
0.00
0.00%
7,000.00
Souvenir Sales
617.69
635.00
(17.31)
97.27%
8,000.00
Interest Income
37.76
63.00
25.24
59.94%
250.00
Total Not -Hot Income
19,998.67
191468.50
530.17
102.72%
__12_,250.00
NOT -HOT EXPENSES
Credit Card Fees
701.91
375.00
326.91
187.18%
1,500.00
Trolley Driver
357.00
375.00
(18.0.0)
95.20%
1,800.00
Trolley Expenses
2,189.78
2,250.00
(60.22)
97.32%
5,000.00
Trolley Insurance
587.12
525.00
62.12
111.83%
2,100.00
Souvenir Exp
132.00
150.00
(18.00)
88.00%
5,000.00
Misc NH Expense
�„ 19.89
0.0000
_ 19.89
0.00, .
0.00
Total Not-Hdt Expenses
__3j987.70
3,67600
312.70
108.51%
15,4400.00
Net income (Loss)
$ , . 39L584.12
$ 13,393.64
$ 2819048
295.54%
- 569.14
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Paris Visitor & Convention .Council
Budget to Actual, Current Month and Prior Year Period
Modified Cash Basis
For 1 Month Ended December 31, 2020 and 2019 and 3.Months Ended December 31, 2019
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
1 Month Ended
1 Month Ended
1 Month Ended
3 Months Ended
Dec 31, 2020
Dec 31, 2020
Dec 31, 2019
Dec 31, 2019
Actual
Budget
Actual
Actual
REVENUE
Hotel / Motel Occupancy Tax
$ 0.00
$ 0.00
$ 0.00
$ 225,538.76
Hot Money Interest
6.69
y 21.00
90.67
96.85
Total Revenue
6.89
21.00
90.67
q 225635.61
OPERATING EXPENSES
Postage
18.25
20.00
0.00
60.54
Misc Expenses
1,078.92
1,000.00
329.90
337.56
General Liability
1,070.65
1,500.00
0.00
0.00
D 8 0 insurance
0.00
0.00
1,435.34
1,435.34
Workers Comp
569.15
600.00
664.00
664.00
Staff Ins.lRetirement
1,098.00
708.00
1,065.94
1,913.90
Meetings & Hosting
0.00
0.00
31.53
97.72
Chamber Management
0.00
0.00
13.00
10,000.00
Out of Town Travel
0.00
0.00
247.62
338.36
Intown Auto/Exp Allowance
200.00
208.00
200.00
600.00
Membership Dues/Sub.
0.00
0.00
0.00
675.00
Bookkeeping
608.33
500.00
463.33
1,401.68
Payroll Expenses
8,750.70
6,835.00
7,965.42
21,285.18,
Payroll Tax Expense
664.27
537.00
804.19
1,612.81
Office Expense
444.29
166.00
224.24
565.69
Communications
365.33
208.00
156.85
458.43
Bank Service Charge
37.00
41.00
7.46
22.38
Motel Tax Transferred to LCC
0.00
0.00
0.00
112,769.38
Marketing / Advertising
6,776.05
7,000.00
660.51
7,647.67
ASA
344.94
500.00
0.00
0.00
Events Promotion / Funding
0.00
0.00
1,152.50
10,876.50
Arts Allocation
0.00
0.00
0.00
7,000.00
Baseball Field Lighting
0.00
0.00
0.00
11,855.86
Rent to COC
1,000000
1.000.00
.u_..__...3.00000
Total Operating Expenses
23,025.88
20,823.00
16,208.83
194617.98
Operating Income (Loss(
919
(20,802.0018.1J6
31,017.63
NOT -HOT INCOME
Misc Income
0.00
0.00
0.00
1.53
Trolley/Historical
1,100.00
470.00
450.00
1,000.00
Souvenir Sales
59.7.2
60.00
160.91
1,552.88
Interest Incomevvv_
__ 12. 71
21.00
23.36,
71.19
Total Other income
12,625.60
1 172.43
551.00
.• _v 634...7
NOT -HOT EXPENSES
Credit Card Fees
90.54
125.00
135.68
495.53
Trolley Driver
221.00
225.00
540.00
795.00
Trolley Expenses
216.08
250.00
100.00
1,734.72
Trolley Insurance
194.32
175.00
175.82
531.63
Souvenir Exp
0.40
0.00
0.00
Total Not -Hot Expenses
721:94
_ _ _5,046.52
775.00
961.50
Net Income (Loss)
$ 22,568.70
,129 026.00
$ 76 435.339
S 28,598.77
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
LCC Quarteriv Re ort
Date
# of Attendees
Event
10/1-3/2020
500
Paris Body Art Show
10/2 thru 10/30
200
Lamar Apprailsal District meetings
10/10/2020
75
Race Across Texas
10/12/2020
95
MAU Hiring Event
10/14/2020
50
Fields of Faith
10/20/2020
100
Chamber Banquet
10/30/2020
500
Gun & Knife Show
11/2/2020
50
RSVP Parade
11/7/2020
75
Paris Police Concert
12/10/2020
125
Tristate Irrigation
12/12/2020
250
Maxey trailers
12/19-20/2020
500
Gun & Knife Show
Love Civic Center
Statement of Assets, Liabilities and Net Assets
Modified Cash Basis
October 31, 2020
ASSETS
CURRENT ASSETS
Love Civic Centef
$ 178,164.10
Reserved for Construction
161,500.00
Returned Checks Receivable
360.00
Liberty CD 59873
32,666.90
FF Money Market 37109
250,822.15
Due From VCC
5,697.53
Due from Others
32.82
Total Current Assets
629,243.50
Total Assets
$ 629,243.50
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Due to COC $ 234.20
Payroll Liabilities _____1,146-82
Total Current Liabilities 138102
NET ASSETS
Retained Earnings 646,863.23
Net Income 19 OQ, 0.7
Total Net Assets 627,862.48
Total Liabilities and Net Assets $ 629,243.60
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Love Civic Center
Budget to Actual, Year -to -Date
Modified Cash Basis
For the 1 Month Ended October 31, 2020
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
1 Month Ended
1 Month Ended
Oct 31, 2020
Oct 31, 2020
variance
% of Budget Annual Budget
Actual
Budget
REVENUE
Motel Tax
$ 0.00 $
0.00
$ 0.00
0.00% $
325,000.00
R.V. Hook Up
553.72
500.00
53.72
0.00%
7,500.00
Misc Income
0.00
0.00
0.00
0.00%
1,800.00
Rent
1,886.57
7,916.00
(6,027.43)
23.86%
95,000.00
Refunded Deposits
(600.00)
(833.00)
233.00
72.03%
(10,000.00)
Booth Rental
0.00
0.00
0.00
400.00
Tower Lighting0.00
0.00
0.00
400.00
Bicycle Rentals
1
15.7,,,_.
�. 25.00
'(9.29)
62.84%
2„500.00
Total Revenue1,868.00
7,608.00 ,
5,750.00
24A2 %
422,600.00
Gross Profit
1,858.00
7A608.00
5,760.00
24A2 % 42 800.00
OPERATING EXPENSES
Bank Service Charge
11.20
42.00
(30.80)
26.67%
500.00
Communications
660.44
458.00
202A4
144.20%
5,500.00
Office Expense
165.26
150.00
15.26
0.00%
800.00
Payroll Expenses
8,653.77
8,333.00
320.77
103.85%
100,000.00
Payroll Tax Expense
663.33
667.00
(3.87)
99.45 %
8,000.00
Marketing / Advertising
0.00
0.00
0.00
0.00%
5,000.00
Audit
0.00
0.00
0.00
0.00%
2,000.00
Bookkeeping
380.01
500.00
(118.99)
76.00%
6,000.00
Membership Dues/Sub
168.00
200.00
(32.00)
0.00%
200.00
Electrlcity
2,298.37
3,333.00
(1,034.63)
68.96%
40,000.00
Water
584.65
333.00
251.65
176.57%
4,000.00
Gas
117.71
125.00
(7.29)
94.17%
4,300.00
Trash Disposal
490.98
417.00
73.98
117.74%
5,000.00
Intown Auto Exp Allowance
410.78
250.00
160.78
164.31 %
3,000.00
Small Equipment
0.00
0.00
0.00
0.00%
500.00
Chamber Management
0.00
0.00
0.00
0.00%
18,000.00
Eiffel Tower Lighting/Malnt
0.00
0.00
0.00
0.00 %
2,000.00
Building Maint./Spls.
4,450.16
4,500.00
(49.84)
98.89 %
99,000.00
Security.
58.95
229.00
(170.05)
25.74%
2,750.00
Staff Ins./Retirement
1,096.03
708.00
388.03
154.81 %
8,500.00
Building insurance
0.00
0.00
0.00
0.00%
4,550.00
General liability
0.00
0.00
040
0.00%
3,700.00
Workers Comp. Insurance
52.16
50.00
2.16
104.32%
1,400.00
Directors & Officers
0.00
0.00
0.00
0.00%
1,500.00
Long Term Disability
0.00
0.00
0.00
0,00%
200.00
Misc Expenses
42.00
45.00
(3.00)
93.33%
1,000.00
Ground Maintenance
582.50
600.00
(17.50)
97.08%
8,500.00
Bicydes & Related Expenses
0.00
0.00
0.00
0.00%
1,000.00
Catering Exp
0.00
0.00
0.00
0.00%
1,000.00
Capital Improvements
0.00
0.00
0.00
0.00%
60,000.00
Total Operating Expenses
20,866.30
20,940.00
_______(53._7J0
__ __99.74 %
387 900.00
Operating Income (Loss)
_ (19,028.30
132.00
5,686.30
142.73%
34,700.00
OTHER INCOME
Interest Income
w. 27.55
29.00
X1.45
95.00 % _
350.00
Total Other Income
27.66
29.00
� 1.45
96.00 �°
350.00
Net Income (Loss)
19,000.75
(15,303.00
5„697.75
142.83%
35,060 00
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Love Civic Center
Budget to Actual, Current Month and Prior Year Period
Modified Cash Basis
For the 1 Month Ended October 31, 2020 and 2019 and 1 Month Ended October 31, 2019
1 Month Ended
1 Month Ended
1 Month Ended
1 Month Ended
Oct 31, 2020
Oct 31, 2020
Oct 31, 2019
Oct 31, 2019
Actual
Budget
Actual
Acutal
Revenue
R.V. Hook Up
$ 553.72
$ 500.00
$ 1,178.52
$ 1,178.52
Rent
1,888,57
7,916.00
8,945.71
8,945.71
Refunded Deposits
(600.00)
(833.00)
(200.00)
(200.00)
Bicycle Rentals
15.71
25.00
371.19
371.19
Total Revenue
_ 1,868.00
7,608.00
10,295A2
10,296A2
Operating Expenses
Bank Service Charge
11.20
42.00
63.55
63.55
Communications
660.44
458.00
335.72
335.72
Office Expense
165.26
150.00
109.55
109.55
Payroll Expenses
8,653.77
8,333.00
7,894.39
7,694.39
Payroll Tax Expense
663.33
667.00
584.40
584.40
Bookkeeping
380.01
500.00
425.00
425.00
Membership Dues/Sub
168.00
200.00
156.00
156.00
Elect"
2,298.37
3,333.00
3,123.35
3,123.35
Water
584.65
333.00
313.81
313.81
Gas
117.71
125.00
185.71
185.71
Trash Disposal
490.98
417.00
444.95
444.95
Intown Auto Exp Allowance
410.78
250.00
250.00
250.00
Building Maint./Spls.
4,450.16
4,500.00
543.64
543.64
Security
58.95
229.00
58.95
58.95
Staff InsJRetlrement
1,098.03
708.00
521.05
521.05
Building Insurance
0.00
0.00
4,521.23
4,521.23
Workers Comp. Insurance
52.16
50.00
0.00
0.00
Misc Expenses
42.00
45.00
299.28
299.28
Ground Maintenance
582.50
600.00
2,068.29
2,058.29
Bicycles & Related Expenses
_ ....... 0.00
0.00
w.... A,r 6.92
6.92
Total Operating Expenses
20,886.30
20,940.00
21,705.79
9
Operating income (Loss)
___19.028.30y
13,332.00
'1� 1r41037q
X11,410.37)
Other Income
Interest Income27.55
. „
29.00
84.69
84.89
Total Other Income
27.55
29.00
84.69
84.69
Net Income (Loss)
$ J 19,000.75
1390300
113256
25.081
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Love Civic Center
Statement of Assets, Liabilities and Net Assets
Modified Cash Basis
November 30, 2020
ASSETS
CURRENT ASSETS
Love Civic Center
$ 141,127.64
Reserved for Construction
161,500.00
Returned Checks Reoelvable
360.00
Liberty CD 59873
32,666.90
FF Money Market 37109
251,103.92
Due From VCC
114,387.12
Due from Others
32.62„
Total Current Assets
___701 178.40
Total Assets
$ 701178.40
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Due to COC $ 266.24
Due to VCC 161.85
Payroll LiabilitiesPS 1,096.52
Total Current Liabilities 1,624.61
NET ASSETS
Retained Earnings 646,863.23
Net Income 52,790.56
Total Net Assets 699,653.79
Total Liabilities and Net Assets $ 701,178.40
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Love Civic Center
Budget to Actual, Year -to -Date
Modified Cash Basis
For the 2 Months Ended November 30, 2020
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
2 Months Ended
2 Months Ended
Nov 30, 2020
Nov 30, 2020
Variance
% of Budget Annual Budget
Actual
Budget
REVENUE
Motel Tax
$ 108,740.41
$ 81,250.00
$ 27,490.41
133.83% $
325,000.00
R.V. Hook Up
688.36
650.00
38.36
105.90%
7,500.00
Mise Income
0.00
0.00
0.00
0.00%
1,800.00
Rent
10,051.81
15,832.00
(5,780.19)
63.49%
95,000.00
Refunded Deposits
(1,510.00)
(1,666.00)
156.00
90.64%
(10,000.00)
Booth Rental
0.00
0.00
0.00
0.00%
400.00
Tower Lighting
0.00
0.00
0.00
0.00%
400.00
Bicycle Rentals
15.71
25.00
(9.29
62.84%
2500.00
Total Revenue
_ µ11p888-29
96j091.00
21,895.29
122.79%
422600.00
Gross Profit
17 986.29
r
,0 1. 0
.29
122.79%
422,600.00
OPERATING EXPENSES
Bank Service Charge
22.05
84.00
(61.95)
26.26%
500.00
Communications
11107.50
916.00
191.50
120.91 %
5,500.00
Office Expense
496.41
800.00
(303.59)
62.05%
'800.00
Payroll Expenses
16,338.27
16,666.00
(327.73)
98.03%
100,000.00
Payroll Tax Expense
1,246.93
1,334.00
(87.07)
93.47%
8,000.00
Marketing / Advertising
33.00
50.00
(17.00)
66.00%
5,000.00
Audit
0.00
0.00
0.00
0.00%
2,000.00
Bookkeeping
896.01
11000.00
(104.99)
89.50'%
6,000.00
Membership Dues/Sub
168.00
200.00
(32.00)
84.00%
200.00
Electricity
4,324.61
8,666.00
(2,341.39)
64.88%
40,000.00
Water
1,3'10.13
666.00
644.13
196.72%
4,000.00
Gas
423.49
425.00
(1.51)
99.64%
4,300.00
Trash Disposal
981.96
834.00
147.96
117.74%
5,000.00
Intown Auto Exp Allowance
660.78
500.00
160.78
132.16%
3,000.00
Small Equipment
0.00
0.00
0.00
0.00%
500.00
Chamber Management
18,000.00
18,000.00
0.00
100.00%
18,000.00
Eiffel Tower lighting/Maint
0.00
0.00
0.00
0.00%
2,000.00
Building Maint./Spis/Equip
16,433.40
15,500.00
933.40
106.02%
99,000.00
Security
117.90
458.00
(340.10)
25.74%
2,750.00
Staff Ins./Retirement
1,659.97
1,416.00
243.97
117.23%
8,500.00
Building Insurance
0.00
0.00
0.00
0.00%
4,550.00
General Liability
0.00
0.00
0.00
0.00%
3,700.00
Workers Comp. Insurance
52.16
50.00
2.16
104.32%
1,400.00
Directors & Officers
0.00
0.00
0.00
0.00%
1,500.00
Long Term Disability
0.00
0.00
0.00
0.00%
200.00
Misc Expenses
82.43
90.00
(7.57)
91.59%
1,000.00
Ground Maintenance
1,165.00
1,200.00
(35.00)
97.08 W
8,500.00
Bicycles & Related Expenses
0.00
0.00
0.00
0.00%
1,000.00
Catering Exp
0.00
0.00
0.00
0.00%
1,000.00
Capital Improvements
0.00
0.00
0.00
0.00%5000000
Total Operating Expenses
65,519.00
66,855.00
��If1,336.00)
98.00%
387,900.00
Operating Income (Loss)
52,467.29
29,296.80,
�... A 23,231.29,
179.46 %
„ 34,700.00
OTHER INCOME
Interest Income
323.27
58.00
265.27
557.36%
350.00
Total Other Income
323.27
58.00
265.27
557.36 %
350.00
Net Income (Loss)
52, 790.56
29,294.00wr-
23,496.56
180.21%
35 050.00
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Love Civic Center
Budget to Actual, Current Month and Prior Year Period
Modified Cash Basis
For the 1 Month Ended November 30, 2020 and 2019 and 2 Months Ended November 30, 2019
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
1 Month Ended
1 Month Ended
1 Month Ended
2 Months Ended
Nov 30, 2020
Nov 30, 2020
Nov 30, 2019
Nov 30, 2019
Actual
Budget
Actual
Acutal
Revenue
Motel Tax
$ 108,740.41
$ 81,250.00
$ 112,769.38
$ 112,769.38
R.V. Hook Up
134.64
150.00
31.69
1,210.21
Rent
8,163,24
7,916.00
7,565.00
16,510.71
Refunded Deposits
(910.00)
(833.00)
(650.00)
(850.00)
Bicycle Rentals
_ _ 0.00
0.00207.62
578.81
Total Revenue
116,126.29
88,483.00
119,923.69
___...-130,219.11
Operating Expenses
Bank Service Charge
10.85
42.00
61.68
125.23
Communications
447.06
458.00
389.66
725.38
Office Expense
386.40
650.00
427.41
536.96
Payroll Expenses
7,684.50
8,333.00
7,588.00
15,280.39
Payroll Tax Expense
583.60
667.00
575.48
1,159.88
Marketing I Advertising
33.00
50.00
0.00
0.00
Bookkeeping
515.00
500.00
513.34
938.34
Membership Dues/Sub
0.00
0.00
0.00
156.00
Electricity
2,026.24
3,333.00
2,729.45
5,852.80
Water
725.48
333.00
531.29
845.10
Gas
305.78
300.00
334.27
519.98
Trash Disposal
490.98
417.00
444.95
889.90
Intown Auto Earp Allowance
250.00
250.00
250.00
500.00
Chamber Management
18,000.00
18,000.00
18,000.00
18,000.00
Building Malnt./Spls/Equip
11,983.24
11,000.00
7,181.46
7,725.10
Security
58.95
229.00
58.95
117.90
Staff InsJRetirement
563.94
708.00
372.08
893.13
Building Insurance
0.00
0.00
0.00
4,521.23
General Liability
0.00
0.00
3,067.05
3,067.05
Misc Expenses
40.43
45.00
0.00
299.28
Ground Maintenance
582,50
600.00
582.50
2,650.79
Bicycles & Related Expenses
0.00
0.00
0.00
6.92
Total Operating Expenses
441687.96
45 916.00
43105.57
_ 64x811.36
Operating Income (Loss)
71,440.34
42,568.00
76,818.12
_ 65,407.75
Other Income
Interest Income
295.72
29.00
78.71
163.40
Total Other Income
295.72
29.00
78.71
163.40
Net Income (Lass)
$ 71,736.06
$ 42,597.00
$ 76,896.83
$ 65,571.15
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Love Civic Center
Statement of Assets, Liabilities and Net Assets
Modified Cash Basis
December 31, 2020
ASSETS
CURRENT ASSETS
Love Civic Center
$ 220,494.08
Reserved for Construction
161,500.00
Returned Checks Receivable
360.00
Liberty CD 59873
32,666.90
FF Money Market 37109
251,103.92
Due From VCC
7,339.95
Due from Others
32.82
Total Current Assets
673.6497.66
Total Assets
$ 673 497.65
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Due to COC
$ 106.04
Due to VCC
194.51
Payroll Liabilities
1,627.60
Total Current Liabilities
1,928.15
NET ASSETS
Retained Earnings
646,883.23
Net Income
24,706.27
Total Net Assets
671,669.50
Total Liabilities and Net Assets
$ 673,487.65.
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Love.Civic Center
Budget to Actual, Year -to -Date
Modified Cash Basis
For the 3 Months Ended December 31, 2020
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included, in financial statements prepared in accordance with the modified casb basis of
accounting are omitted and no assurance is provided
3 Months Ended
3 Months Ended
Dec 31, 2020
Dec 31, 2020
Variance
% of Budget Annual
Budget
Actual
Budget
REVENUE
Motel Tax
$ 108,740.4
$ 81,250.00
$ 27,490.41
133.83% $
325,000.00
R.V. Hook Up
721.98
700.00
21.98
103.14%
7,500.00
Misc Income
400.00
400.00
0.00
100.00%
1,800.00
Rent
9,951.81
23,748.00
(13,796.19)
41,91%
95,000.00
Refunded Deposits
(1,510.00)
(2,499.00)
989.00
60.42%
(10,000.00)
Booth Rental
0.00
0.00
0.00
0.00%
400.00
Tower Lighting
0.00
0.00
0.00
0.00%
400.00
Bicycle Rentals
15.71
25.00
9.29
62.84%
2,500.00„
Total Revenue
,
•0
14,696.91
114.16 %
422,600.00
Gross Profit
118,319.81
103,624.00
__14 695.91
114.18%
422„600.00
OPERATING EXPENSES
Bank Service Charge
29.05
126.00
(96.95)
23.08%
500.00
Communications
1,636.15
1,374.00
262.15
119.08%
5,500.00
Office Expense
564.61
800.00
(235.39)
70.58%
800.00
Payroll Expenses
25,930.49
24,999.00
931.49
103.73%
100,000.00
Payroll Tax Expense
1,975.07
2,001.00
(25.93)
98.70%
8,000.00
Marketing / Advertising
724.34
750.00
(25.66)
98,58%
5,000.00
Audit
0.00
0.00
0.00
0.00%
2,000.00
Bookkeeping
1,503.34
1,500.00
3.34
100.22%
6,000.00
Membership Dues/Sub
168.00
20D.00
(32.00)
84.00%
200.00
Electricity
5,998.89
9,999.00
(4,000.11)
59.99%
40,000.00
Water .
2,361.20
999.00
1,362.20
236.36%
4,000.00
Gas
740.57.
725.00
15.57
102.15%
4,300.00
Trash Disposal
1,472.94
1,251.00
221'.94
117.74%
5,000.00
Iritown Auto Exp Allowance
910.78
750.00
160.78
121.44 %
3,000.00
Small Equipment
0.00
0.00
0.00
0.00%
500.00
Chamber Management
18,000.00
18,000.00
0.00
400,00%
18,000.00
Eiffel Tower Lighting/Maint
0.00
0.00
0.00
0.60%
2,000.00
Building Maint./Spls/Equip
25,319.25
24,500.00
819.25
103.34%
99,000.00
Security
176.85
687.00
(610.15)
25.74%
2,750.00
Staff InSJRetirement
2,756.00
2,124.00
632.00
129.76%
8,500.00
Building Insurance
0.00
0.00
0.00
0.00%
4,550.00
General Liability
1,070.65
3,700.00
(2,629.35)
28.94%
3,700.00
Workers Comp. Insurance
621.31
650.00
(28.69)
95.59%
1,400.00
Directors & Officers
0.00
0.00
0.00
0.00%
1,500.00
Long Term Disability
0.00
0.00
0.00
0.00%
200.00
Misc Expenses
245.92
240.00
5.92
102.47%
11000.00
Ground MbIntenanee
'1,747.50
1,930.00
(182.50)
9D.54 %
8,500.00
Bicycles & Related Expenses
0.00
D.00
0.00
0.00%
11000.00
Catering Exp
0.00
0.00
0.00
0.00%
1,000.00
Capital Improvements
0.00
0.00
0.00
0.00%
50,000.00
Total Operating Expanses
93,952.91
97,305.00
2,352.09
96.66%
387,800.00
Operating Income (Loss)
24,367.00
6,319.00
385.61%
34700.00
OTHER INCOME
Interest Income
339.27
87.00
252.27.,
389.97%
350.00
Total Other Income
339.27
87.00
252.27
389.97 06
350.00
Net Income (Loss)
24„706.27
6,406.00
18300.27
365.67%'
35 050.00
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included, in financial statements prepared in accordance with the modified casb basis of
accounting are omitted and no assurance is provided
Love Civic Center
Budget to Actual, Current Month and Prior Year Period
Modified Cash Basis
For the 1 Month Ended December 31, 2020 and 2019 and 3 Months Ended December 31, 2019
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
1 Month Ended
1 Month Ended
1 Month Ended
3 Months Ended
Dec 31, 2020
Dec 31, 2020
Doc 31, 2019
Dee 31, 2019
Actual
Budget
Actual
Acutal
Revenue
Motel Tax
$ 0.00
$ 0.00
$ 0.00
$ 112,769.38
R.V. Hook Up
33.62
50.00
283.06
1,493.27
Misc Income
400.00
400.00
0.00
0.00
Rent
(100.00)
7,918.00
9,419.60
25,930.31
Refunded Deposits
0.00
(833.00)
(2,400.00)
(3,250.00)
Bicycle Rentals
0.00
0.00
205.13
783.94
Total Revenue
333.62
7,53300
7,607.79
137 726.90
Operating Expenses
Bank Service Charge
7.00
42.00
164.41
289.64
Communications
528.65
458.00
609.56
1,334.94
Office Expense
12.95
0.00
51.27
588.23
Payroll Expenses
9,592.22
8,333.00
10,190.47
25,470.86
Payroll Tax Expense
728.14
667.00
777.34
1,937.22
Marketing / Advertising
691.34
700.00
0.00
0.00
Bookkeeping
608.33
500.00
463.34
1,401.68
Membership Dues/Sub
0.00
0.00
0.00
156.00
Electricity
1,674.28
3,333.00
1,868.14
7,720.94
Water
1,051.07
333.00
434.37
1,279.47
Gas
317.08
300.00
463.17
983.15
Trash Disposal
490.98
417.00
444.95
1,334.85
Intown Auto Exp Allowance
250.00
250.00
250.00
750.00
Chamber Management
0.00
0.00
0.00
18,000.00
Building Maint./Spls/Equip
8,885.85
9,000.00
2,454.67
10,179.77
Security
58.95
229.00
58.95
176.85
Staff Ins.IRetiremenl
1,096.03
7D8.00
1,007.98
1,901.11
Building Insurance
0.00
0.00
0.00
4,521.23
General Liability
1,070.65
3,700.00
0.60
3,087.05
Workers Comp. Insurance
569.15
600.00
664.00
664.00
Directors & Officers
0.00
0.00
1,435.33
1,435.33
Misc Expenses
163.49
150.00
99.66
398.94
Ground Maintenance
582.50
730.00
582.50
3,233.29
Bicycles & Related Expenses
0.00
0.00
_ 0.00
6.92
Total Operating Expenses
28,378.66
30,450.00
22,020.11
86 831.47
Operating Income (Loss)
28 045.04
_ 122,917.00
14 512.32
_60,895.43
Other Income
Interest Income
16.00
_..�_
29.00
92.77
256.17,
Total Other Income
16.00
29.00
92.77
256.17
Net Income (Loss)
$ 28 029.041
$ _22,888.0D
$__j74„419.65
$ 51 151.60
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Statement of Assets, Liabilities and Net Assets
Modified Cash Basis
October 31, 2020
ASSETS
CURRENT ASSETS
Chamber of Commerce
$ 147,952.89
Returned Checks Receivable
200.00
PNB CD 5515130
10,955.16
PNB CD 5213092
127,048.58
Due From ABBS
6.99
Texer CD 700
35,499.55
LNB CD 128125
25,490.00
GBB CD 630885
23,030.57
FF CD 12100829851
12,317.81
Due From LCC
234.20
Due From VCC
_ ,.,_m 3,409.62
Total Current Assets
386.145.37
Total Assets
$ 386145.37
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Payroll Liabilities $ 1,725.76
ASA Event Deposit 500.00
Total Current Liabilities _ 1,225.76
NET ASSETS
Retained Earnings 401.164.24
Net Income „'17.244.63
Total Net Assets _A83,9119-611
Total Liabilities and Net Assets $ 386,145.37
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Budget to Actual, Year -to -Date
. Modified Cash Basis
For the 7 Month Ended October 31, 2020
OTHER INCOME
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the A]CPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
1 Month Ended
1 Month Ended
Oct 31, 2020
Oct 31, 2020
Variance
% of Budget Annual Budget
Actual
Budget
REVENUE
ASA Concession Sales
$ 0.00
$ 0.00 $
0.00
0.00% $
7,000.00
Lamar Co Day in Austin
0.00
0.00
0.00
0.00%
5,000.00
Ambassadors
0.00
0.00
0.00
0.00%
400.00
Chamber Ail -Breed Bull Proceeds
0.00
0.00
0.00
0.00%
12,000.00
Visitors Guide
0.00
0.00
0.00
0.00%
2,000.00
Celebration
8,675.00
10,000.00
(1,325.00)
86.75%
30,000.00
Business After Five
100.00
100.00
0.00
10.0.00%
4,500.00
Misc. Income
0.00
0.00
0.00
0.00%
5,000.00
Membership Dues
11,914.66
10,000.00
1,914.66
119.15%
170,000.00
Management Fee - LCC
0.00
0.00
D.00
0.00%
18,000.00
Management Fees - VCC
0.00
0.00
0.00
0.00%
40,000.00
Mailing Labels
0.00
0.00
0.00
0.00%
200.00
Rent from VCG
1,000.00
_u
000
100.00%
12,000.00
Total Revenue
21,689.66
21,100-00
689.66
102.79%
306100.00
Gross Profit27
____21.L100.00 �
588.66,
102.79% w
306,100.00
„Z68„-,89.6666
OPERATING EXPENSES
Bank Service Charge
11.20
16.00
(4.80)
70.00%
200.00
Communications
617.31
625.00
(7.69)
98.77%
7,500.00
Office Expense
213.75
563.00
(369.25)
35.66%
7,000.00
Payroll Expenses
13,877.66
14,913.00
(1,035.34)
93.06%
178,966.00
Payroll Tax Expense
1,057.87
1,159.00
(101.13)
91.27%
13,910.50
Marketing / Advertising
52.06
100.00
(47.94)
52.06%
2,500.00
Audit Fees
0.00
0.00
0.00
0.00%
2,500.00
Bookkeeping Fees
380.00
375.00
5.00
101.33%
4,500.00
Attorney
0.00
0.00
0.00
0.00%
2,000.00
Membership Dues/Sub
0.00
0.00
0.00
0.00%
3,000.00
Electricity
314.00
291.00
23.00
107.90%
3,500.06
Water
33.52
29.00
4.52
115.59%
350.00
Gas
51.81
50.00
1.81
103,62%
1,000.00
Trash Removal
41.29
33.00
8.29
125.12%
400.00
Intown Auto/Exp Allowance
583.38
583.00
0.38
100.07%
7,000.00
Small Equipment
0.00
0.00
0.00
0.00%
500.00
Lamar County Days in Austin
0.00
0.00
0.00
0.00%
5,000.00
Ambassadors Luncheon & Other
0.00
0.00
0.00
0.00%
3,000.00
Seminar
0.00
0.00
0.00
0.00%
1,000.00
Business After Five Exp
0.00
0.00
0.00
0.00%
4,500.00
Celebtation
16,875.00
17,000.00
(125.00)
99.26%
20,000.00
Junior Chamber
0.00
0.00
0.00
0.00%
600.00
Blitz
43.26
50.00
(6.74)
86.52%
750.00
Grant Program
3,031.64
0.00
3,031.64
0.00%
0.00
Meetings & Hosting
0.00
0.00
0.00
0.00%
1,000.00
Building Repairs/Maintenance
26.26
25.00
1:26
106.04%
5,000.00
StafflnsJRetirement
1,407.29
1,000.00
407.29
140.73%
12,000.00
Building Insurance
0.00
0.00
0.00
0.00%
2,000.00
General Liability
0.00
0.00
0.00
0.00%
1,500.00
Worker's Comp
52.15
50.00
2.15
104.30%
11000.00
D & O Liabilty Ins
0.00
0.00
0.00
0.00%
1,5D0.00
Long Term Disability
60.47
60.00
0.47
100.78%
200.00
Misc Expenses
129.72
15D.00
(20,28)
86.48%
2,000.00
Furniture & Fixtures
0.00
0.00
0.00
0.00%
1,000.00
Professional Training/Travel
0.00
0.00
0.00
0.00%
2,000.00
Postage
110.00
83.00
27.00
132.53%
1,000.00
Chamber Membership Bonus
0.00
0.00
0.00
-O.Q.O
1 „000.00
Total Operating Expenses
38,969.64
37,175.00
1,794.64
104.83%
300,676.50
.Operating Income (Loss)
___I17,279
_ 16,075.00
1,204.98)
107.50%
5,223-50
OTHER INCOME
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the A]CPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Budget to Actual, Year -to -Date
Modified Cash Basis
For the 1 Month Ended October 31, 2020
Interest Income 35.35 115.00 179.651 0.00% 1.384.79
Total Other Income 35.35 115.00----A7-965j.F w w 0.00% _____1,384.79.
Income (Loss) Before Income Taze 17,244.63 15,960.00 11,284.68p 108.06 % 6,608.29
Financial statement preparation service provided by Mainory, McNeal 8c Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Budget to Actual, Current Month and Prior Year Period
Modified Cash Basis
For the 1 Month Ended October 31, 2020 and 2019 and 1 Month Ended October 31, 2019
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
1 Month Ended
1 Month Ended
1 Month Ended
1 Month Ended
Oct 31, 2020
Oct 31, 2020
Oct 31, 2019
Oct 31, 2019
Actual
Budget
Actual
Acute]
Revenue
Ambassadors
$ 0.00
$ 0.00
$ 55.00
$ 55.00
Celebration
8,675.00
90,000.00
5,240.00
5,240.00
Business After Five
100.00
100.00
0.00
0.00
Membership Dues
11,914.66
10,000.00
15,751.61
15,751.61
Rent from VCC
_YYY, 1 000.00
1 „000.00
1„w OO.OD
1,000.00
Total Revenue
211689.6„6
21,100.0022,046-61
22,046.61
Operating Expenses
Bank Servioe Charge
11.20
16.00
11.20
11.20
Communications
617.31
625.00
1,495.13
1,495.13
Office Expense
213.75
583.00
983.51
983.51
Payroll Expenses
13,877.66
14,913.00
13,709.66
13,709.66
Payroll Tax Expense
1,057.87
1,159.00
1,066.23
1,066.23
Marketing / Advertising
52.06
100.00
0.00
0.00
Bookkeeping Fees
380.00
375.00
425.00
425.00
Membership Dues/Sub
0.00
0.00
470.00
470.00
Electricity
314.00
291.00
394.71
394.71
Water
33.52
29.00
30.35
30.35
Gas
51.81
50.00
46.79
46.79
Trash Removal
41.29
33.00
37.94
37.94
Intown Auto/Exp Allowance
563.38
583.00
598.10
598.10
Ambassadors Luncheon & Other
0.00
0.00
236.06
235.06
Business After Five Exp
0.00
0.00
745.31
745.31
Celebration
16,875.00
17,000.00
23,852.97
23,852.97
Junior Chamber
0.00
0.00
54.84
54.84
Blitz
43.26
50.00
0.00
0.00
Grant Program
3,031.64
0.00
0.00
0.00
Meetings & Hosting
0.00
0.00
19.00
19.00
Building Repaim/Malntenance
26.26
25.00
350.00
350.00
Staff Ins./Retirement
1,407.29
1,000.00
760.28
760.28
Worker's Comp
52.15
50.00
0.00
0.00
Long Term Disability
60.47
60.00
39.11
39.11
Misc Expenses
129.72
150.00
209.43
209.43
Professional Training/Travel
0.00
0.00
688.55
686.55
Postage
_ 110.00
83.00
............................ 110.00
110.00
Total Operating Expenses
36,969.64
37,175.00
46 331.17
46,531.17
Operating Income (Loss)
117,279.98
_ .076.00
(24284.561
u__j24,284.G6
Other Income
Interest Income
35.35
115.00,
56.42
,_m,, 56.42
Total Other Income
35.35
115.00
56.42
56.42
Net Income (Loss)
$ 17 244.65
$ 15,960.00
j 24,228.14
j_24r228.14
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Statement of Assets, Liabilities and Net Assets
Modified Cash Basis
November 30, 2020
ASSETS
CURRENT ASSETS
Chamber of Commerce
$ 165,377.52
Returned Checks Receivable
200.00
PNB CD 5515130
10,968.97
PNB CO 5213092
127,048.58
Due From ABBS
6.99
Texar CD 700
35,499.55
LNB CD 128125
25,490.00
GBB CD 630885
23,030.57
FF CD 12100829851
12,317.81
Due From LCC
266.24
Due From VCC
3,602.30
Total Current Assets
—__403.808.63
Total Assets
$ 403 808.63
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Due to VCC $ 161.84
Payroll Liabilities 1,725.80
ASA Event Deposit 500.00
Total Current Liabilities 2,387.64
NET ASSETS
Retained Earnings 401,164.24
Net Income 256.75
Total Net Assets 4�9
Total Liabilities and Net Assets $ 403,808.63
Financial statement preparation service provided by Matnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Budget to Actual, Year -to -Date
Modified Cash Basis
For the 2 Months Ended November 30, 2020
2 Months Ended
2 Months Ended
Nov 30, 2020
Nov 30, 2020
Variance
% of Budget
Annual Budget
Actual
Budget
REVENUE
ASA Concession Sales
$ 0.00
$ 0.00
$ 0.00
0.00%
$ 7,000.00
Lamar Cc Day in Austin
0.00
0.00
0.00
0.00%
5,000.00
Ambassadors
0.00
0.00
0.00
0.00%
400.00
Chamber All -Breed Bull Proceeds
0.00
0.00
0.00
0.00%
12,000.00
Visitors Guide
0.00
0.00
0.00
0.00%
2,000.00
Celebration
9,175.00
10,500.00
(1,325.00)
87.38%
30,000.00
Business After Five
100.00
100.00
0.00
100.00%
4,500.00
Misc. Income
0.00
0.00
0.00
0.00%
5,000.00
Membership Dues
26,177.41
24,000.00
2,177.41
109.07%
170,000.00
Management Fee - LCC
18,000.00
18,000.00
0.00
100.00%
18,000.00
Management Fees - VCC
10,000.00
10,000.00
0.00
100.00%
40,000.00
Mailing Labels
60.00
50.00
10.00
120.00%
200.00
Rent from VCC
2,00000
r 2000.00
000
_ 100.00%
12,000.00
Total Revenue
65,512.47
64,650.00
862.41
101.33%
306400.00
Gross Profit
i6,512AI
64,650.00
862.41
101.33%
306100.00
OPERATING EXPENSES
Bank Service Charge
22.05
32.00
(9.95)
68.91%
200.00
Communications
1,014.88
1,250.00
(235.12)
81.19%
7,500.00
Office Expense
737.94
1,166.00
(428.06)
63.29%
7,000.00
Payroll Expenses
27,647.32
29,826.00
(2,178.68)
92.70%
178,966.00
Payroll Tax Expense
2,107.48
2,318.00
(210.52)
90.92%
13,910.50
Marketing / Advertising
1,349.62
1,400.00
(50.38)
96.40%
2,500.00
Audit Fees
0.00
0.00
D.00
0.00%
2,500.00
Bookkeeping Fees
895.00
750.00
145.00
119.33%
4,500.00
Attorney
0.00
0.00
0.00.
0.00%
2,000.00
Membership Dues/Sub
0.00
0.00
0.00
0.00%
3,000.00
Electricity.
508.87
582.00
(73.13)
87.43%
3,500.00
Water
67.04
58.00
9.04
115.59%
350.00
Gas
104.27
100.00
4.27
104.27%
1,000.00
Trash Removal
82.58
66.00
16.58
125.12%
400.00
Intown Auto/Exp Allowance
1,083.38
1,166.00
(82.62)
92.91 %
7,000.00
Small Equipment
0.00
0.00
0.00
0.00%
500.00
Lamar County Days in Austin
0.00
0.00
0.00
0.00%
5,000.00
Ambassadors Luncheon & Other
54.04
50.00
4.04
108.08%
3,000.00
Seminar
0.00
0.00
0.00
0.00%
1,000.00
Business After Five Exp
82.23
100.00
(17.77)
82.23%
4,600.00
Celebration
20,553.64
20,000.00
6553.64
102.77%
20,000.00
Junior Chamber
0.00
, 0.00
0.00
0.00%
600.00
Blitz
64.69
75.00
(10.11)
86.52 %
750.00
Grant Program
5,280.95
0.00
5,280.95
0.00%
0.00
Meetings & Hosting
51.92
50.00
1.92
103.84%
1,000.00
Building Repairs/Maintenance
811.78
650.00
161.78
124.89%
5,000.00
Staff InsJRetirement
2,340.75
2,000.00
340.75
117.04%
12,000.00
Building Insurance
0.00
0.00
0.00
0.00%
2,000.00
General Liability
0.00
0.00
0.00
0.00%
1,500.00
Worker's Comp
52.15
50.00
2.15
104.30%
1,000.00
D & 0 Liabilly Ins
0.00
0.00
0.00
0.00 %
1;500.00
Long Term Disability
120.94
120.00
0.94
100.78%
200.00
Misc Expenses
192.54
210.00
(17.46)
91.69%
2,000.00
Fumiture & Fixtures
0.00
0.00
0.00
.0.00%
1,000.00
Professional Trainingfrfavel
0.00
0.00
0.00
0.00%
2,000.00
Postage
110.00
166.00
(66.00)
66.27%
1,000.00
Chamber Membership Bonus
0.0Q
_ , 0.00
0.00
0-00.%-------
Total Operating Expenses
65,336.26
62,185.00
3,151.26
105.07%
30087650
Operating income (Lass)
7.15% °
5 223.50
OTHER INCOME
Interest Income
80.60
_ 230.00
__ 149.40
35.04%
1,384.79
Total Other Iricame
80.60
230.00
___049-4J0
35.04%
1,384.79
Income (Loss) Before Income Taxe
256.75
-� 2 695.00
2438.25
.43%
8,608.29
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in
financial statements
prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Budget to Actual, Current Month and Prior Year Period
Modified Cash Basis
For the 1 Month Ended November 30, 2020 and 2019 and 2 Month Ended November 30, 2019
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards. issued
by the AICPA, substantially ell disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
1 Month Ended
1 Month Ended
i Month Ended
2 Months Ended
Nov 30, 2020
Nov 30, 2020
Nov 30, 2019
Nov 30, 2019
Actual
Budget
Actual
Acutal
Revenue
Ambassadors
$ 0.00
$ 0.00
$ 68.00
$ 123.00
Celebration
500.00
500.00
440.00
5,680.00
Business After Five
0.00
0.00
159.00
159.00
Membership Dues
14,262.75
14,000.00
14,830.34
30,581.95
Management Fee - LCC
18,000.00
18,000.00
18,000.00
18,000.00
Management Fees - VCC
10,000.00
10,000.00
10,000.00
10,000.00
Mailing Labels
60.00
50.00
60.00
60.00
Rent from VCC
1,000.00
_ 1,000.00
1,000.00
2,000.00
Total Revenue
..___A3,550.00
44,557.34
66,603.95
Operating Expenses
Bank Service Charge
10.85
16.00
13.07
24.27
Communications
397.57
625.00
1,043.24
2,538.37
Office Expense
524.19
583.00
670.85
1,654.36
Payroll Expenses
13,769.66
14,913.00
16,390.78
30,100.44
Payroll Tax Expense
1,049.61
1,159.00
1,269.46
2,335.69
Marketing'%Advertising
1,297.56
11300.00
0.00
0.00
Bookkeeping Fees
515.00
375.00
513.33
938.33
Membership Dues/Sub
0.00
0.00
0.00
470.00
Electricity
994.87
291.00
327.06
721.77
Water
33.52
29.00
30.35
60.70
Gas
52.46
50.00
54.02
100.81
Trash Removal
41.29
33.00
37.94
75.88
lntown Auto/Exp Allowance
500.00
583.00
500.00
1,098.10
Ambassadors Luncheon & Other
54.04
50.00
193.26
428.32
Business After Five Exp
8223
100.00
184.15
929.46
Celebration
3,678.64
3,000.00
1,874.07
25,727.04
Junior Chamber
0.00
0.00
97.35
152.19
Blitz
21.63
25.00
0.00
0.00
Grant Program
2,249.31
0.00
0.00
0.00
Meetings & Hosting
51.92
50.00
0.00
19.00
Building Repaim/Maintenance
785.52
625.00
0.00
350.00
Staff Ins./Retirement
933.46
11000.00
575.08
1,335.36
Long Term Disability
60.47
60.00
333.87
372.98
Misc Expenses
62.82
60.00
119.14
328.57
Professional Training/Travel
0.00
0.00
0.00
686.55
Postage
_ 0.00
83.00
110.00
_ 220.00„
Total operating 'Ex enses
P
26L366.62
25,010.00
24,337.02
70,668.19
Operating Income (Loss)
17456.13
18,640.00
20,220.32
(4,064.24)
Other Income
Interest Income
45.25
115.00
121.40
177.82
Total Other Income
45.25
115.00
121.40
177.82
Net Income (Loss)„
17,501.38
$
$ 20 341.72
$ (3,886.42)
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards. issued
by the AICPA, substantially ell disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Statement of Assets, Liabilities and Net Assets
Modified Cash Basis
November 30, 2020
ASSETS
CURRENT ASSETS
Chamber of Commerce
$ 165,377.62
Returned Checks Receivable
200.00
PNB CD 5515130
10,968.97
PNB CD 5213092
127,048.58
Due From ABBS
6.99
Texar CD 700
35,499.55
LNB CD 128125
25,490.00
GBB CD 630885
23,030.57
FF CD 12100829851
12,317.81
Due From LCC
266.24
Due From VCC
X02.30
Total Current Assets
_403 808. 3
Total Assets
$ 403,808.83
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Due to VCC $ 161.84
Payroll Liabilities 1,725.80
ASA Event Deposit 500.00
Total Current Liabilities 2,387.84
NET ASSETS
Retained Earnings 401,164.24
Net Income 256.75
Total Net Assets 401,420.99
Total Liabilities and Net Assets $ 403,808.63
Financial statement preparation service provided by Malnory, McNeal 8c Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Budget to Actual, Year -to -Date
Modified Cash Basis
For the 2 Months Ended November 30, 2020
2 Months Ended
2 Months Ended
Nov 30, 2020
Nov 30, 2020
Variance
% of Budget
Annual Budget
Actual
Budget
REVENUE
ASA Concession Sales
$ 0.00
$ 0.00
$ 0.00
0.00%
$ 7,000.00
Lamar Co Day in Austin
0.00
0.00
0.00
0.00%
5,000.00
Ambassadors
0.00
0.00
0.00
0.00%
400.00
Chamber All -Breed Bull Proceeds
0.00
0.00
0.00
0.00%
12,000.00
Visitors Guide
0.00
0.00
0.00
0.00%
2,000.00
Celebration
9,175.00
10,500.00
(1,325.00)
87.38%
30,000.00
Business After Five
100.00
100.00
0.00
100.00%
4,500.00
Misc. Income
0.00
0.00
0.00
0.00%
5,000.00
Membership Dues
28,177.41
24,000.00
2,177.41
109.07%
170,000.00
Management Fee - LCC
18,000.00
18,000.00
0.00
100.00%
18,000.00
Management Fees - VCC
10,000.00
10,000.00
0.00
100.00%
40,000.00
Mailing Labels
80.00
50.00
10.00
120.00%
200.00
Rent from VCC
2 0 00.0_0
2,OO�,QO
0.00
100.00%
_ 12000.00
Total Revenue
65,512.41
64,650.00
862.41
101.33%
306,100.00
Gross profit
66M572.41
64 650.00
862.41
101.33%
306,100.00
OPERATING EXPENSES
Bank Service Charge
22.05
32.00
(9.95)
68.91 %
200.00
Communications
1,014.88
1,250.00
(235.12)
81.19%
7,500.00
Office Expense
737.94
1,166.00
(428.05)
63.29%
7,000.00
Payroll Expenses
27,647.32
29,826.00
(2,178.68)
92.70%
178,966.00
Payroll Tax Expense
2,107.48
2,318.00
(210.52)
90.92%
13,910.50
Marketing/Advertising
1,349.62
1,400.00
(50.38)
96.40%
2,500.00
Audit Fees
0.00
0.00
0.00
0.00%
2,500.00
Bookkeeping Fees
895.00
750.00
145.00
119.33%
4,500.00
Attorney
0.00
0.00
0.00,
'0.00%
2,000.110
Membership Dues/Sub
0.00
0.00
0.00
0.00%
3,000.00
Electricity,
508.87
582.00
(73.13)
87.43%
3,500.00
Water
67.04
58.00
9.04
115.59%
350.00
Gas
104.27
100.00
4.27
104.27%
1,000.00
Trash Removal
82.58
66.00
16.58
125.12%
400.00
Intown Auto/Exp Allowance
1,083.38
1,166.00
(82.62)
92.91 %
7,000.00
Small Equipment
0.00
0.00
0.00
0.00%
500.00
Lamar County Days in Austin
0.00
0.00
0.00
0.00%
5,000.00
Ambassadors Luncheon & Other
54.04
50.00
4.04
108.08%
3,000.00
Seminar
0.00
0.00
0.00
0.00%
1,000.00
Business After Five Exp
82.23
100.00
(17.77)
82.23%
4,600.00
Celebration
20,553.64
20,000.00
553.64
102.77%
20,000.00
Junior Chamber
0.00
, 0.00
0.00
0.00%
600.00
Blitz
64.89
75.00
(10.11)
86.52%
750.00
Grant Program
5,280.95
0.00
5,280.95
0.00%
0.00
Meetings & Hosting
51.92
50.00
1.92
103.84%
1,000.00
Building Repairs/Maintenance
811.78
650.00
161.78
124.89-%
5,000.00
Staff InsJReOrement
2,34.0.75
2,000.00
340.75
117.04%
12,000.00
Building Insurance
0.00
0.00
0.00
0.00%
2,000.00
General Liability
0.00
D.00
0.00
0.00%
1,500.00
Worker's Comp
52.15
5D.00
2.15
104.30%
1,000.00
D & O Llablity Iris
0.00
0.00
0.00
0.00%
1,500.00
Long Term Disability
120.94
120.00
0.94
100.78%
200.00
Mlsc menses
192.54
210.00
(17.46)
91.69%
2,000.00
Furniture & Fixtures
MOD
0.00
0.00
'0.00%
1,000.00
Professional Trainingfrravel
0.00
0.00
0.00
0.00%
2,000.00
Postage
110.00
166.00
(56.00)
66.27%
1,000.00
Chamber Membership Bonus
r,,,._, 0.000
Ww _ 0.00
0.00
0.00
1„000.00
Total Operating Expenses
_ 65„336.26
62,185.00
3,151.26
105.07%
300,876.60
Operating income Loss
9 (Loss)
176,15
_jj!!65.00
(2,288.885
7.15%
6,223.50
OTHER INCOME
Interest Income
80.60
230.00
(149.40
36.04%
1,384.79
Total Other Income
80.60
230.00
149.40
1,384.79
Income (Loss) Before Income Taxe
.,,-, -256.75
2,695.00
2,438.25
9.53 %
6,608.29
Financial statement preparation service provided
by Malnory, McNeal & Company PC, CPAs in accordance
with professional
standards issued
by the AICPA, substantially all disclosures ordinarily included in
financial statements
prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Budget to Actual, Current Month and Prior Year Period
Modified Cash Basis
For the 1 Month Ended November 30, 2020 and 2019 and 2 Month Ended November 30, 2019
Financial statement preparation service provided by Mainory, McNeal & Company PC, CPAs in accordance with professional standards. issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
1 Month Ended
1 Month Ended
1 Month Ended
2 Months Ended
Nov 30, 2020
Nov 30, 2020
Nov 30, 2019
Nov 30, 2019
Actual
Budget
Actual
Acutal
Revenue
Ambassadors
$ 0.00
$ 0.00
$ 68.00
$ 123.00
Celebration
500.00
500.00
440.00
5,680.00
Business After Five
0.00
0.00
159.00
159.00
Membership Dues
14,262.75
14,000.00
14,830.34
30,581.95
Management Fee - LCC
18,000.00
18,000.00
18,000.00
18,000.00
Management Fees - VCC
10,000.00
10,000.00
10,000.00
10,000.00
Mailing Labels
60.00
50.00
60.00
60.00
Rent from VCC
._.......__ 000.00
1 „000.00
1,000.00
2,000.00
Total Revenue
43,822.75...._„
43,550.00
44,557.34
66,603.95
Operating Expenses
Bank Service Charge
10.85
16.00
13.07
24.27
Communications
397.57
625.00
1,043.24
2,538.37
Office Expense
524.19
583.00
670.85
1,654.36
Payroll Expenses
13,769.66
14,913.00
16,390.78
30,100.44
Payroll Tax Expense
1,049.61
11159.00
1,269.46
2,335.69
Marketing'/Advertising
1,297.56
1,300.00
0.00
0.00
Bookkeeping Fees
515.00
376.00
513.33
938.33
Membership Dues/Sub
0.00
0.00
0.00
470.00
Electricity
194.87
291.00
327.06
721.77
Water
33.52
29.00
30.35
60.70
Gas
52.46
50.00
54.02
100.81
Trash Removal
41.29
33.00
37.94
75.88
Intown Auto/Exp Allowance
500.00
583.00
500.00
1,098.10
Ambassadors Luncheon & Other
54.04
50.00
193.26
428.32
Business After Five Exp
8223
100.00
184.15
929.46
Celebration
3,678.64
31000.00
1,874.07
25,727.04
Junior Chamber
0.00
0.00
97.35
152.19
Blitz
21.63
25.00
0.00
0.00
Grant Program
2,249.31
0.00
0.00
0.00
Meetings & Hosting
51.92
50.00
0.00
19.00
Building Repaim/Maintenance
785.52
625.00
0.00
350.00
Staff Ins.IRetirement
933.46
1,000.00
575.08
1,335.36
Long Term Disability
60.47
60.00
333.87
372.98
Misc Expenses
62.82
60.00
119.14
328.57
Professional Training/Travel
0.00
0.00
0100
686.55
Postage
0.00
83.00
110.00
220.00
Total Operating Expenses
26„,366.62
25,010.00
24,337.02
70,668.19
Operating Income (Loss)
17 456.13
18,540.00
20,220.32
(4,064.24
Other Income
Interest Income
45.25
115.00
121.40
177.82
Total Other Income
45.25
116.00
121.40
177.62
Net Income (Lose)
_ mm 17 601-38
$ 181655.00
$ 20341.72p
$ (3,886.42)
Financial statement preparation service provided by Mainory, McNeal & Company PC, CPAs in accordance with professional standards. issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Statement of Assets, Liabilities and Net Assets
Modified Cash Basis
December 31, 2020
ASSETS
CURRENT ASSETS
Chamber of Commerce
$ 169,300.43
Returned Checks Receivable
200.00
PNB CD 5130
10,968.97
PNB CD 3328
127,286.14
Taxer CD 700
35,499.55
LNB CD 128125
25,490.00
GBB CD 630885
23,030.57
FF CD 12100829851
12,317.81
Due From LCC
106.04
Dae From VCC
1,,030.05
Total Current Assets
4DS,229.56
Total Assets
$ 405,229.56
UABIL171ES AND NET ASSETS
CURRENT LIABILITIES
Due to VCC
$ 161.84
Due to ABBS
1,075.00
Payroll Liabilities
2,087.64
ASA Event Deposit
500.00
Total Current Liabilities 3,824.48
NET ASSETS
Retained Earnings 401,164.24
Net Income 240.84
Total Net Assets 401,405.09
Total Liabilities and Net Assets $ 405 229.56
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Budget to Actual, Year -to -Date
Modified Cash Basis
For the 3 Months Ended December 31, 2020
3 Months Ended
3 Months Ended
Dec 31, 2020
Doc 31, 2020
Variance
% of Budget Annual Budget
Actual
Budget
REVENUE
ASA Concession Sales
$ 0.00
$ 0.00
$ 0.00
0.00% $
7,000.00
Lamar Co Day In Austin
0.00
0.00
0.00
0.00%
5,000.00
Ambassadors
0.00
0.00
0.00
0.00%
400.00
Chamber All -Breed Bull Proceeds
0.00
0.00
0.00
0.00%
12,000.00
Visitors Guide
0.00
0.00
0.00
0.00%
2,000.00
Celebration
9,175.00
10,500.01)
(1,325.00)
87.38%
30,000.00
Business After Five
100.00
100.00
0.00
100.00%
4,500.00
Misc. Income
0.00
0.00
0.00
0.00%
5,000.00
Membership Dues
55,792.83
54,000.00
1,792.63
103.32%
170,000.00
Management Fee - LCC
18,000.00
18,000.00
0.00
100.00%
18,000.00
Management Fees - VCC
10,000.00
10,000.00
0.00
100.00%
40,000.00
Mailing Labels
90.00
80.00
10.00
112.50%
200.00
Rent from VCC
3.000.00
1000.00
0.00
100.00%
12,000.00
Total Revenge
96,157.83
95 680.00
477.83
100.50%
3060100.00,
Gross Profit
96,167.83
85 680.00
477.83
100.60%
306,100.00
OPERATING EXPENSES
Bank Service Charge
32.55
48.00
(15.45)
67.81 %
200.00
Communications
1,428.39
1,875.00
(446.61)
76.18%
7,500.00
Office Expense
1,805.37
1,749.00
56.37
103.22%
7,000.00
Payroll Expenses
45,505.30
44,739.00
766.30
101.71%
178,986.00
Payroll Tax Expense
3,469.84
3,477.00
(7.16)
99.79%
13,910.50
Marketing / Advertising
2,388.66
2,400.00
(11.34)
99.53%
2,500.00
Audit Fees
0.00
0.00
0.00
0.00%
2,500.DO
Bookkeeping Fees
1,503.34
1,125.00
378.34
133.63%
4,500.00
Attorney
0.00
0.00
0.00
0.00%
2,000.00
Membership Dues/Sub
516.00
500.00
16.00
103.20%
3,000.00
Electricity
674.36
873.00
(198.84)
77.25%
3,500.00
Water
100.56
87.00
13.58
115.69%
350.00
Gas
173.45
170.00
3.45
102.03%
1,000.00
Trash Removal
123.83
99.00
24.83
125.08%
400.00
Intown Auto/Exp Allowance
1,676.53
1,749.00
(72.47)
95-86%
7,000.00
Small Equipment
0.00
0.00
0.00
0.00%
500.00
Lamar County Days in Austin
0.00
0.00
0.00
0.00%
5,000.00
Ambassadors Luncheon & Other
54.04
50.00
4.04
108.08%
3,000.00
Seminar
0,00
0.00
0.00
D.00 °%
1,000.00
Business After Five Exp
82.23
100.00
(17.77)
82.23%
4,500.00
Celebration
20,553.64
20,000.00
553.64
102.77%
20,000.00
Junior Chamber
0.00
0.00
0.00
0.00%
800.00
Blitz
86.52
100.00
(13.48)
86.62%
750.00
Grant Program
7,035.91
0.00
7,035.91
0.00%
0.00
Meetings & Hosting
51.92
50.00
1.92
103.84%
1,000.00
Building Repairs/Maintenance
2,411.78
2,250.00
161.78
107.19%
5,000.00
Staff InsJRetirement
3,877.23
3,000.00
877.23
129.24%
12,000.00
Building Insurance
0.00
0.00
0.00
0.00%
2,000.00
General Liability
1,070.65
1,500.00
(429.35)
71.38%
1,500.00
Worker's Comp
905.85
900.00
5.85
100.65%
1,000.00
D & O Liabilly Ins
0.00
0.00
0.00
0.00%
1,500.00
Long Term Disability
181.41
180.00
1.41
100.78%
200.00
Misc Expenses
340.96
360.00
(19.04)
94.71 %
2,000.00
Furniture 5 Fixtures
0.00
0.00
0.00
0.00%
1,000.00
Professional Training/Travel
0.00
0.00
0.00
0.00%
2,000.00
Postage
220.00
249.00
(29.00)
88.35%
1,000.00
Chamber Membership Bonus
0.00
0.00
..- 0.00
0.001
--11-00000
Total Operating Expenses
96,270.32
87,630.00
8,640.32
0300,876.50
109.86
Operating Income (Loss)
(112.49)
8,050.00
(8,162.49)
(1.40 %
5,223.50
OTHER INCOME
Interest Income
353.33
345.00
8.33
102.41%
1.384.79
Total Other Income
353 33
345 00
6.33
102AI %
_ 7,384.79
Net Income (Loss)
240.84
8,395.00
(8,154.16
2.87,%
fidfi0B.29
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
Lamar County Chamber of Commerce
Budget to Actual, Current Month and Prior Year Period
Modified Cash Basis
For the 1 Month Ended December 31, 2020 and 2019 and 3 Month Ended December 31, 2019
Financial statement preparation service provided by Malnory, McNeal 8t Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
1 Month Ended
1 Month Ended
1 Month Ended
3 Months Ended
Dec 31, 2020
Dec 31, 2020
Dec 31, 2019
Dec 31, 2019
Actual
Budget
Actual
Acutal
Revenue
Ambassadors
$ 0.00
$ 0.00
$ 0.00
$ 123.00
Celebration
0.00
0.00
0.00
5,680.00
Business After Five
0;00
0.00
0.00
159.00
Membership Dues
29,816.42
30,000.00
25,918.86
66,500.81
Management Fee - LCC
0.00
0.00
0..00
18,000.00
Management Fees - VCC
0.00
0.00
0.00
10,000.00
Mailing Labels
30.00
30.00
0.00
60.00
Rent from VCC
1,000.00
1,000.00
1,000.00
�... 3.000.00
Total Revenue
30 645A2
31,030.00
26,918.86
93,522.81
Operating Expenses
Bank Service Charge
10.50
16.00
13.07
37.34
Communications
413.51
625.00
977.33
3,615.70
Office Expense
1,087.43
583.00
447.17
2,101.53
Payroll Expenses
17,857.98
14,913.00.
17,254.99
47,355.43
Payroll Tax Expense
1,362.36
1,159.00
1,331.07
3,656.76
Marketing I Advertising
1,039.04
1,000.00
0.00
0.00
Bookkeeping Fees,
608.34
375.00
463.33
1,401.66
Membership Dues/Sub
516.00
500:00
1,000.00
1,470.00
Electricity
165.49
291.00
164.73
888.50
Water
33.52
29.00
30.35
91.05
Gas
69.18
70.00
102.31
203.12
Trash Removal -
41.25
33.00
37.94
113.82
Intown AutolExp Allowance
593.15
583.00
500.00
1,598.10
Out of Town Travel
0.00
•0.00
218.93
218.93
Ambassadors Luncheon & Other
0.00
0.00
159.89
688.21
Business After Five Exp
0.00
0.00
0.00
929.46
Celebration
0.00
0.00
0.00
25,727.04
Junior Chamber
0.00
0.00
89.31
241.50
Blitz
21.63
25.00
0.00
0.00
Grant Program
1,754.96
0.00
0.00
0.00
Meetings & Hosting
0.00
0.00
0.00
19.00
Building Repalm/Malntenanoe
1,600.00
1,600.00
371.91
721.91
Staff Ins./Ratirement
1,536.48
1,000.00
2,108.44
3,443.80
General Liability
1,070.65
1,500.00
0.00
0.00
Worker's Comp
853.70
850.00
664.00
664.00
D & O Liability Ins
0.00
0.00
1,435.33
1,435.33
Long Tenn Disability
60.47
60.00
84.37
457.35
Misc. Expenses
148.42
150.00
38.94
367.51
Professional Training/Travel
0.00
0.00
0.00
686.56
Postage
110.00
83.00
0.00
220.00
Total Operating Expenses
30,934.06
25,445.00
98,161.60
Operating Income (Loss)'28�8-64�
5,585.00
____ 574.5
4,638.79
Other Income
Interest Income
... _...... _.... _ 272.73
- 115.00
564.95
742.77„
Total Other Income
272.73
115.00
564.95
742:77
Net Income (Loss)5
15.91
$ 5 700.00
$ 8.60
$ 3,886.02
Financial statement preparation service provided by Malnory, McNeal 8t Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
accounting are omitted and no assurance is provided
MINUTES
MAIN STREET ADVISORY BOARD
Tuesdav, December 8 2020
4:30 PM
Present:
Absent:
Tanner Dobrovolsky
William Walker
Carolyn Patterson
Kari Daniel
Glee Emmite
Paula Portugal, Council Liaison
Emily Temple
Tyrone Hayden
Becky Semple — Chamber representative
Cheri Bedford, Main Street Manager
1. Tanner Dobrovolsky called the meeting to order at 4:38 PM, November 10, 2020, in the City Council chambers.
2. Citizens Forum - No one present to speak.
3. Review and approve minutes — A motion to approve the November 10, 2020 minutes was made by Tyrone
Hayden, second by Glee Emmite, motion carried.
4. Board member activity reports
• Emily Temple — 1) Paris enjoyed a "reverse" 2020 Christmas parade due to COVID restrictions. It was
well received by Paris citizens. The floats parked at various places around downtown including the plaza and
Bywaters Park. Observers drove around to see the floats decorated with lights and Christmas scenes. 2) "Merry and
Bright" will be the shopping promotion for downtown merchants on the two Thursdays left in December.
Participating stores will be open 6-8 PM for holiday shopping.
• Glee Emmite — 1) The downtown merchant window decorating contest was won by Bee Sweet with the
theme of Elf on the Shelf. 2) Buildings in the historic district will receive the Distrix app QR code stickers for the
door and counter top. This allows customers to scan the sticker and find information about downtown. 3) Board
members and Cheri made 13 Christmas trees from magazines. The trees were advertised on FaceBook and will be
sold for $15-25 per tree with 4 already sold. They will be sold at Farmers Market if volunteers are available to man
a booth. Proceeds will benefit Main Street activities. 4) Glee commented that sidewalks off the plaza are dark at
night and hinders shopping during the evening hours such as during the "Merry and Bright" promotion.
• Tyrone Hayden — Main Street t -shirts have not been ordered. The board considered adding a list of
events on the back of the shirt. More discussions will follow on the topic.
• Tanner Dobrovolsky — Tanner requested to be included in the plant beautification project around the
plaza in the spring.
5. Updates from Community Partners -
- Becky Semple, Tourism Director from the Chamber of Commerce & VCC — The following information
and events were presented. 1) The information kiosk at the Eiffel Tower is active. 2) Another information kiosk is
being planned for the downtown area. Approval will be needed from the appropriate departments for the project to
continue. Emily, Tyrone and Tanner volunteered to be part of a committee to work on the project. 3) The
Chamber's weekend get -away tourism promotion was very successful. The contest received 1,700 entries. 4) Red
Bull will sponsor a Memorial Day race at the pump track. There will be 3 qualifier races.
• Glee Emmite — 1) HPC will meet at 4 PM, December 9th. Ellen Green has bought 102 Clarksville St.
The renovation will include 2 business at street level with 2 lofts above. 2) PDA will meet at 6 PM, Monday,
December 141 in the space at the back of 129 Lamar Ave. New officers will be elected.
6. Coordinator's Report — Cheri Bedford discussed the following. 1) There are 4 renovation projects for HPC to
discuss. 2) The Christmas tree lighting was a virtual event on FaceBook. The fountain light project is completed.
3) For information purposes, there is a homeless man downtown. He has been approached with offers for help but
refused. Please call the police if any problems arise with any person in the downtown area. 4) All money raised
from events and projects are together in one account. 5) A working meeting for the board will be scheduled in the
month of January. 6) Cheri looked at the Distrix app for Mesquite while in the area. She sees it as a great tool for
tourists while in Paris. 7) Small Business Saturday had twenty businesses participating. Three hundred downtown
dollars were given away as part of the promotion. 8) City offices will be closed December 24-25, 2020.
8. With no other business, Carolyn Patterson made a motion to adjourn, second by Glee Emmite, motion carried.
The meeting was adjourned at 5:32 PM.
Respectfully submitted,
Carolyn Patterson
Secretary, Main Street Advisory Board
Approved this Z
Appr day of )a Viva if 2021.
k cc
Signature Printed Name
Paris—Lamar County Health District
400 West Sherman Street, Paris, Texas 75460-5646
Health District: (903) 785-4561 and Fax: (903) 737-0978
Women, Infant and Children (WIC): (903) 784-1411 and Fax: (903) 784-1442
-NJ zi_l I,rtlr lifer xS lr, r i,��
Paris -Lamar Count: Board of Health Re ular Meetinr
The Paris -Lamar County Board of Health met for a regular session on Monday, September 28th, 2020.
See the following chart for board members in attendance and not in attendance.
1. Convene into Open Session -
• Dr. Marc White called the meeting to order in open session at 5:30 p.m.
2. Approval of Minutes from PRIOR meeting(s) -
Nancy Stallings made the motion to approve the minutes from the July 20th, 2020
meeting and were seconded by Dr. Walker Putnam for approval.
Motion carried. 6 yay, 0 nay.
3. Discuss and possible act on —
Dr. Putnam presented his Public Information Act and Open Meetings Act Certificates.
Dr. Jay Carpenter made the motion and was seconded by Nancy Stallings for Dr. Marc
White to be elected as Chairman. All approved. 5 yays, 0 nays,1 did not vote.
Susan Bellene made the motion and was seconded by Dr. Marc White for Dr. Jay
Carpenter to be elected as Vice -Chairman. 5 yays, 0 nays,1 did not vote.
Mitzie Pirtle made the motion and was seconded by Dr. Walker Putnam for Susan
Bellene to be elected as Secretary. 5 yays, 0 nays, 1 did not vote.
1111'airis 111,ztnuliutar ofIIIiWeallnPbi 114k:!tituiibeii'S
Chair,Pia;,ein-, Dr, Rt'ull"ftwWIlllltc po, ,¢io01ah inury', Dr, Eiri;Sal�zrinan'rl,(nl mn,.m„2020 nr,Vh tin Seunu",RnSr,Y CRW1P"Ilal'i01, pul rmc, zno v"', in,, 11
ISI YiNIC'%c,y S ii691111at'n,tis for+�x„n�+�knrr� rn2xw�,z�tK.v i7 Di(% alto°'us W1dlrkaun')im1Det”, �;!Ity c ap t"'OeCltN ll rxarra^. n2j eon Suis;;knt al t+lw'Hen cgrays-'mm'nnVn 11'1,x7
Public Information Request - Mrs. Prestridge advised we have a public information
request (PIR) for Quick Track 21. Dr. Marc White and Ms. Gina Prestridge signed the
request.
COVID-19 Updates - Mrs. Prestridge advised the board of 4 Health District employees
are calling all positive patients along with a few contract workers, Lamar County has
1,241 confirmed COVID-19 cases with 7 being travel related and 1,234 community
spread, resulting in 992 recovered, 42 antibody tests, 32 deaths, and 175 active cases.
Covid Testing machine has arrived but waiting on test strips to be shipped.
2020-2021 Budget includes a 3% cost of living adjustment and $4. Monthly longevity pay
for all full-time employees. Susan Bellene made the motion and was seconded by Mitzie
Pirtle to adopt the proposed budget. All approved. 6 yays, 0 nays.
Reports -
Prior Month(s) Monthly Report, Clinic Numbers, and Treasurer's Report, Profit and Loss -
August reports —
1) WIC - unavailable
2) Health District served 642 clinical clients
3) Total liability and equity is approximately: $1,874,000.
New business to be placed on next agenda for discussion — none.
4. Time and place of next meeting will be Monday, October 19th, 2020 @ 5:30 p.m.
5. Adjourn meeting. — Susan Bellene made the motion and was seconded by Dr. Jay Carpenter for
the meeting to be adjourned at 5:57 p.m. Motion carried. 6 ayes, 0 nays.
Respectfully submitted by:
C,fier King
, I & _yfD. *
At the October 19th, 2020 Board of Health Meeting, Susan Bellene made the motion and was seconded by Mitzie Pirtle
for the PLCHD board approved September 28th 2020 minutes to be submitted to the Cit Clerk in the City Hall
Annex, located at 150 S.E. 1St Street, Paris, Texas, for filing.
Motion carried 6 ayes and 0 nays.
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8
Paris -Lamar County Board of ~Health R2SI_ular Meeting
The Paris -Lamar County Board of Health met for a regular session on Monday, October 19th, 2020.
See the following chart for board members in attendance and not in attendance,
Board Member's Nam..e....._............................................._�................I.n...A..._...ndance .. Not i ................
tte n Attennddanc
e
Ms Susan Bellene .�.. p......___._ .... X.._.._ _� _...._ _. _......
Dr. Jay Carpenter x
Ms. Mitzie Pirtlex
_Dr. Russell ..�Putnam
..����....��....��� X. ....r�� � .... ......�
d
Ms. Nana Stallings x
Dr. Marc White, Chairman . ................__... �mm X__..__ _�_....
Dr. Ross Williamsx
Others
....i.n....Attendance...were ........................................................................._.....___.� ..�.
Gina.. Prestri!4e,, Executive Director x �...
Cheryl Kin 1, Administrative Assistant
X.
Convene into Open Session -
• Dr. Marc White called the meeting to order in open session at 5:30 p.m.
2. Approval of Minutes from PRIOR meeting(s) -
Susan Bellene made the motion to approve the minutes from the September 28th, 2020 meeting
and were seconded by Mitzie Pirtle for approval. No changes.
Motion carried. 6 yay, 0 nay.
3. Discuss and possible act on —
Dr. Marc White and Gina Prestridge signed Public Information Request for Ecolab for
Applebee's, Chili's, Kroger, little Caesar's, Panda Express and Save -a -lot.
COVID-19 Updates —Cheryl King advised the board that several Health District employees and
a few contract workers are still calling all positive patients. Employees are making contact after
hours and on their days off and documenting their symptoms.
11�1aai1aa 1.,aririiar Co6aoflyBoaand ('A'lil8ea(lidi
C"7hadP° n("In - JDAr, Mart 1Utirce"("aaAamayi- Dr. �ay(Vaqui"llite1V` Secretary Susan Ivsu^ranxa,rsra..rasa iu,��di rnvrai„x�r1
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Paris—Lamar County Health District
r
400 West Sherman Street, Paris, Texas 75460-5646
Health District: (903) 785-4561 and Fax: (903) 737-0978
"
Women, Infant and Children (WIC): (903) 784-1411 and Fax: (903) 784-1442
8
Paris -Lamar County Board of ~Health R2SI_ular Meeting
The Paris -Lamar County Board of Health met for a regular session on Monday, October 19th, 2020.
See the following chart for board members in attendance and not in attendance,
Board Member's Nam..e....._............................................._�................I.n...A..._...ndance .. Not i ................
tte n Attennddanc
e
Ms Susan Bellene .�.. p......___._ .... X.._.._ _� _...._ _. _......
Dr. Jay Carpenter x
Ms. Mitzie Pirtlex
_Dr. Russell ..�Putnam
..����....��....��� X. ....r�� � .... ......�
d
Ms. Nana Stallings x
Dr. Marc White, Chairman . ................__... �mm X__..__ _�_....
Dr. Ross Williamsx
Others
....i.n....Attendance...were ........................................................................._.....___.� ..�.
Gina.. Prestri!4e,, Executive Director x �...
Cheryl Kin 1, Administrative Assistant
X.
Convene into Open Session -
• Dr. Marc White called the meeting to order in open session at 5:30 p.m.
2. Approval of Minutes from PRIOR meeting(s) -
Susan Bellene made the motion to approve the minutes from the September 28th, 2020 meeting
and were seconded by Mitzie Pirtle for approval. No changes.
Motion carried. 6 yay, 0 nay.
3. Discuss and possible act on —
Dr. Marc White and Gina Prestridge signed Public Information Request for Ecolab for
Applebee's, Chili's, Kroger, little Caesar's, Panda Express and Save -a -lot.
COVID-19 Updates —Cheryl King advised the board that several Health District employees and
a few contract workers are still calling all positive patients. Employees are making contact after
hours and on their days off and documenting their symptoms.
11�1aai1aa 1.,aririiar Co6aoflyBoaand ('A'lil8ea(lidi
C"7hadP° n("In - JDAr, Mart 1Utirce"("aaAamayi- Dr. �ay(Vaqui"llite1V` Secretary Susan Ivsu^ranxa,rsra..rasa iu,��di rnvrai„x�r1
141 y !itallfi01tg.a: w,w.oa Dir. 6Y us IVIv'fl 11hadY1ILs anr ,.afkna..,w.r F1 1•'71119.,n?,lke, a ll&. fl�14,n{Mn.rrr ar, a.�e�a�,. !.urr�u�a.M�vl ��a'li a�9.11o.n4, SII 1111.1011,1 1H C.arAaa .a,r..,afaas*a.rr�i o�.�i�
Reports -
Prior Month(s) Monthly Report, Clinic Numbers, and Treasurer's Report, Profit and Loss -
August reports —
1) WIC - unavailable
2) Health District - unavailable
3) Total liability and equity — unavailable.
New business to be placed on next agenda for discussion — Prior Month's Reports.
4. Time and place of next meeting will be Monday, November 16th, 2020 @ 5:30 p.m.
5. Adjourn meeting. — Nancy Stallings made the motion and was seconded by Dr. Jay Carpenter for the
meeting to be adjourned at 5:42 p.m. Motion carried. 6 ayes, 0 nays.
Respectfully submitted by:
CheryC�. Xing
At the January 19th, 2021 Board of Health Meeting, Dr. Putnam made the motion and was seconded by Mrs. Stallings for the
PLCHD board approved October 19th 2020 minutes to be submitted to the Cit Clerk in the City Hall Annex, located at 150
S.E. 1St Street, Paris, Texas, for filing.
Motion carried 5 ayes and 0 nays.
.......... .. _..- .. _ .. ......
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PARIS ECONOMIC DEVELOPMENT CORPORATION
MONTHLY MEETING
Tuesday,,December 1S, 2020
5:30 O'CLOCK P.M.
Notice is hereby given that the Paris Economic Development Corporation shall meet in regular session at 5:30 p.m. on
Tuesday, December 15, 2020. The meeting will be held by video conference through WWW ZOOM,US and to join,
access with Meeting ID: 852 5006 9857, Password: 484251. The matters to be discussed and acted upon are as
follows:
Board Members Present:
Josh Bray, Chairman
Shay Bills, Vice -Chairman
Mihir Pankaj, Secretary/Treasurer
Curtis Fendley
Chase Coleman
Stephen Terrell
A.J. Hashmi
Ex -Officio Members Present:
Grayson Path, City Manager
Pam Anglin, PJC President
Steve Clifford, Mayor
Paul Allen, Lamar County Chamber President
Call to Order
MINUTES
Staff Present:
Maureen Hammond, Executive Director
Chris Stout, Economic Development Associate
Guest(s) Present:
Mary Madewell, The Paris News
Linda Kapp, Wells & Kapp CPAs
Legal Counsel:
Casey Gain, PEDC Attorney
City Council Liaison:
Mr. Bray called the monthly meeting of the Paris Economic Development Corporation to order at 5:30 p.m. on
December 15, 2020.
Invocation
Ms. Bills gave the invocation.
Welcome and Opening Remarks
Mr. Bray asked the record to reflect all Board members are present. The meeting is taking place by ZOOM because
of COVID-19.
Citizens'_Input
Mr. Bray stated no emails were received from citizens. The Citizens' Input was closed.
DiscussandConsider_Aproval„of the Minutes of the Regular MeetingheldNovember 17 2020
Mr. Fendley made a motion to approve the November 17, 2020 minutes. Ms. Bills seconded the motion. Vote was
7 -ayes to 0 -nays.
PEDC Board Meeting Minutes
December 15, 2020
Page 2 of 3
Discuss mand wConsiderAiroval of themmNovember 2020 Financial Statements with presentation yb Linda Kapp of
Wells & Kapp, CPAs
Mr. Bray asked Ms. Kapp to present the financials. Ms. Kapp stated the first two pages of the financials are what we
would see in the annual audit report. The cash flow report will reflect both the monthly and year-to-date
expenditures. Dr. Hashmi commented that this is a significant improvement to the financials. Mr. Bray told the
Board this will help with projecting our cash flow by year. Mr. Pankaj made a motion to approve the November
2020 financials as presented. Mr. Coleman seconded the motion. Vote was 7 -ayes to 0 -nays.
Discuss and Consider Action on Board Planning Session and SchedulmgLocationITAlternatives
Mr. Bray opened the discussion of a Board planning session and asked for ideas on how to meet in person while
being socially distanced. Mr. Fendley asked if the middle of January was the time frame for the meeting. Board
members agreed an in-person planning session is needed. Mr. Bray asked that Ms. Hammond reach out to the Civic
Center or another large facility to inquire about dates.
Pro,iect gp#tes
American SpiralWeld Pipe
The production team is in place and production should start in the first quarter of 2021.
Hiring will be ramping up in January.
The rail is almost complete. We are waiting on Bottom Line to complete American
SpiralWeld's portion, so the PEDC's portion of rail may be tied in. The rail should be complete
by the end of December.
J. Skinner
In May 2020 we entered a contract with Skinner to help with costs to rehab the rail for their
retention on 190 employees. The rail work has started. Our obligation will be $300,000.00.
Convene into Executive Session:
1) Pursuant to Section 551.087 of the Texas Government Code to (1) discuss or deliberate
regarding commercial or financial information that the governmental body has received from
a business prospect that the governmental body seeks to have locate, stay, or expand in or
near the territory of the governmental body and with which the governmental body is
conducting economic development negotiations; or (2) to deliberate the offer of a financial
or other incentive to a business prospect described by Subdivision (1), to wit:
• Project Yellowstone
Chairman Bray convened the Board into Executive Session at 5:54 p.m.
Reconvene into Open Session and Consider Action on Item Lpiscussed in Executive Session
Chairman Bray reconvened the Board into Open Session at 6:13 p.m.
Dr. Hashmi made a motion to approve the performance agreement as discussed. Mr. Coleman seconded the
motion. Vote was 7 -ayes to 0 -nays.
Discuss Future Agenda !terns
No future agenda items were discussed.
PEDC Board Meeting Minutes
December 15, 2020
Page 3 of 3
AdJourn
Dr. Hashmi made a motion to adjourn. Mr. Pankaj seconded the motion. Vote was 7 -ayes to 0 -nays. The meeting
adjourned at 6:15 p.m.
Respectfully submitted,
Paula Brownfield
Administrative Assistant
Paris Economic Development Corporation
Love Civic Center
Governing Board Minutes
Love Civic Center
November 12, 2020
Present: Curtis Fendley, Steve Smith, Bryan Glass, Jon McFadden, Linda Knox, Russell Jackson, Austin Anthony,
Sydney Young, Angie Carter, Dr. Pam Anglin, Scott Avery, Dr. Shaneka Scott, Dr. Wally Kraft and Brian Boyer,
Staff: Kern Wright, Becky Semple and Paul Allen.
Curtis Fendley called the meeting to order at 4:00 pm.
A motion to approve the September minutes was made by Brian Boyer, seconded by Austin Anthony.
Curtis Fendley gave an overview of the October 2020 financials. A motion to approve was made by Bryan Glass,
seconded by Austin Anthony. Motion passed unanimously.
Paul Allen stated that the Love Civic Center needs a new floor cleaner, a motion to approve a Tennant Advance
1500 for $7900.00, with a 3 -year warranty was made by Austin Anthony, seconded by Steve Smith. Motion passed
unanimously.
A motion to approve to adjourn meeting at 4:20 was made by Dr. Wally Kraft.
Respectfully Submitted,
Gina Crawford
Paris Visitors &M Convention Council Board of Directors Meetin
Love Civic Center and Zoom Meeting
Monday, November 16, 2020
4:00 pm
Members Present: Chadlee Johnston, Brittney Keys, Tony Corso, John Bratcher, Renee Harvey,
Mark Pankaj, Dustin Broadway, Paula Portugal, Greg Wilson and Trey Glascock, Bryan Glass, Lea
Emerson and Bud Mistry.
Staff Present: Becky Semple, Gina Crawford and Paul Allen.
Minutes; A motion to approve October minutes was made by Mark Pankaj, seconded by Bud
Mistry. Motion passed unanimously.
Financials: Vicki Ballard presented the October financials. A motion to approve was made by
Trey Glascock, seconded by Mark Pankaj. Motion passed unanimously.
New Business; Becky Semple presented a funding request for Tower City Comedy Festival,
January 31, 2021. Based on the scoring criteria, a motion was made to approve $2222.00 by
Trey Glascock, seconded by Bud Mistry. Motion passed unanimously.
TMBRA donation to Barber Hills was tabled till next meeting.
Greg Wilson stated that he has spoken to Grayson Path, City Manager and the City may be able
to help with some new signage for the Trail de Paris. A bike meeting will be held and plan to
find someone to take on where the signs need to go and what they shall look like.
Becky Semple stated the Visitor Center needs some new souvenirs; Becky will get some items
to look at for the next meeting.
Future Business: Paul Allen stated the Indoor Archery tournament is set to take placed on
January 15-17, 2021.
Ad'ourn: Mark Pankaj made the motion to adjourn.
Meeting adjourned at 4:34 p.m.
Respectfully Submitted,
Gina Crawford