06 - Board Minutes & ReportsItem No. 6
MINUTES OF THE PLANNING & ZONING COMMISSION MEETING
OF THE CITY OF PARIS, TEXAS
DECEMBER 04, 2023
The Planning & Zoning Commission of the City of Paris met for a regular session at 5:30 p.m. on
Monday, December 04, 2023, in the City Hall, Council Chambers, 107 East Kaufman, Paris,
Texas.
Board Members Present: Clifton Fendley, Adam Bolton, Chance Abbott, Tylesha
Ross Mosley, Francine Neeley
City Representatives: Duke McGee, Building Official; Triniti Frazier, Community
Development Coordinator; Todd Mittge, City Engineer;
Robert Vine, Deputy City Manager; Doug Harris, Asst. City
Manager
Board Member(s) Absent: Chad Lindsey, Robert Spain
Call meeting to order.
Chairman Clifton Fendley called the meeting to order at 5:30 p.m.
Citizens' forum.
(Persons desiring to address the Planning and Zoning Commission must limit their
presentation to no more than two minutes. Unless an item is posted on the Agenda, the
Texas Open Meetings Act prohibits the Commission from responding to any comments
other than to refer the matter to a future agenda, to an existing policy, or to a staff person
with specific factual information. Claims against the City, Council Members, or
employees, as well as individual personal appeals are not appropriate for the citizens'
forum.)
The citizens' forum was declared open. With no one speaking the forum was declared
closed.
Approve minutes from the meeting of November 06, 2023.
A Motion to approve the minutes was made by Board Member Adam Bolton and seconded
by Board Member Tylesha Ross -Mosley. Motion carried, 5 ayes — 0 nays.
4 Conduct a public hearing and take action regarding the petition of John Mark Spencer for
a zoning change from an Agricultural District (A) to a Commercial District (C) in the City
of Paris, Block 306-C, Lot 1, LCAD 50105, located at 4010 N Main St.
Duke McGee states the surrounding area and the future land use is Commercial. City staff
is recommending approval of the zoning change from Agricultural to Commercial.
The public hearing was declared open.
John Mark Spencer states the zoning change request is for RV parts and accessories and
not a RV Park. With no one else speaking the hearing was declared closed.
A Motion to approve the zoning change to Commercial was made by Board Member
Francine Neeley and seconded by Board Member Chance Abbott. Motion carried, 5 ayes
— 0 nays.
5. Conduct a public hearing and take action regarding the petition of Adam Bolton on behalf
of Gary Cook for a Comprehensive Plan Amendment from split use Retail (R) /Low
Density Residential (LDR) to High Density .Residential (HDR) in the City of Paris, Block
199, Lot S PT of 2, LCAD 17210, located at 1610 Bonham St.
Duke McGee states that city staff is recommending approval of the Comprehensive Plan
Amendment to HDR..
A Motion was made by Board Member Clifton Fendley and seconded by Board Member
Chance Abbott to recuse Board Member Adam Bolton from this item.
The public hearing was declared open. With no one speaking the hearing was declared
closed.
A Motion to approve the Comprehensive Plan Amendment was made by Board Member
Chance Abbott and seconded by Board Member Tylesha Ross -Mosley. Motion carried, 4
ayes — 0 nays.
6. Conduct a public hearing and take action regarding the petition of Adam Bolton on behalf
of Gary Cook for a zoning change from a Two -Family Dwelling District (2F) to a Multiple -
Family Dwelling .District No. 1 (MF -1) in the City of Paris, Block 199, Lot S PT of 2,
LCAD 1. 7210, located at 1610 Bonham St.
Duke McGee states that city staff is recommending approval of the zoning change.
The public hearing was declared open. With no one speaking the hearing was declared
closed.
A Motion to approve the zoning change was made by Board Member Chance Abbott and
seconded by Board Member Tylesha Ross -Mosley. Motion carried, 4 ayes — 0 nays.
A Motion for Adam Bolton to rejoin the meeting was made by Clifton Fendley and
seconded by Chance Abbott. Motion carried 4 ayes — 0 nays.
T Conduct a public hearing and take action regarding the petition of Clint Cheatwood for a
text amendment to Exhibit 9B Zoning Ordinance 8-501 Home Occupations to add (1) j.
Caterer and to provide regulations related thereto.
Duke McGee states that city staff is recommending approval of the text amendment.
The public hearing was declared open. With no one speaking the hearing was declared
closed,
A Motion to approve the text amendment was made by Board Member Francine Neeley
and seconded by Board Member Adam Bolton. Motion carried, 5 ayes — 0 nays.
Conduct a public hearing and take action regarding the petition of the City of Paris, Texas
to update the Subdivision Regulations, specifically to amend Exhibit 9A — Subdivision
Ordinance for Preliminary/Final Platting and General Requirements; Thoroughfare Plan,
Todd Mittge states that city staff is still working on the update. It appears that there are
different issues that need further investigation by staff and legal counsel. Staff is asking for
more time to review the changes and proposes that the public hearing be opened and remain
open until the February 5, 2024 Planning & Zoning meeting. The same recommendation
will be made to counsel on Monday because it was advertised but it is better to wait and
present all the items at one time.
The public hearing was declared open and no testimony was taken.
A Motion for the public hearing to remain open was made by Board Member Francine
Neeley and seconded by Board Member Adam Bolton. Motion carried, 5 ayes — 0 nays.
9. Consideration of and action on the Preliminary Plat of the Buster Flats Addition, Lot 1,
Block 1, LCAD 17210, located at 1610 Bonham Street.
Board Member Adam Bolton was recused on this item.
Todd Mittge states that staff is recommending approval of the preliminary plat without
conditions.
A Motion to approve the preliminary plat without any conditions was made by Board
Member Chance Abbott and seconded by Board Member Tylesha .Ross -Mosley. Motion
carried, 4 ayes — 0 nays.
10. Consideration of and action on the Final Plat of the Buster Flats Addition, Lot 1, Block 1,
LCAD 17210, located at 1610 Bonham Street.
Todd Mittge states that staff is recommending approval of the preliminary plat without
conditions.
A Motion to approve the final plat without conditions was made by Board Member Tylesha
Ross -Mosley and seconded by Board Member Chance Abbott. Motion carried, 4 ayes —
0 nays.
Adam Bolton rejoined the meeting.
11. Consideration of and action on the Preliminary Plat of the Culbertson Park Addition CB
112B, Lots I and 2, Block A, LCAD 15827 and 15828, located in the1500 Block of Hearon
St.
Todd Mittge states that staff is recommending approval of the preliminary plat with two
conditions, one of which is for a variance for lot width.
A Motion to approve the preliminary plat with two conditions was made by Board Member
Francine Neeley and seconded by Board Member Tylesha Ross -Mosley. Motion carried,
5 ayes — 0 nays.
12. Consideration of and action on the Final Plat of the Culbertson Park Addition CB 112B,
Lots 1 and 2, Block A, LCAD 15827 and 15828, located in the 1500 Block of Hearon St.
Todd Mittge states that staff is recommending approval of the final plat with three
conditions to include minor formatting of the title block.
A Motion to approve the preliminary plat with three conditions was made by Board
Member Tylesha Ross -Mosley and seconded by Board Member Adam Bolton. Motion
carried, 5 ayes — 0 nays.
13. Consideration of and action on the Preliminary Plat of the .Harper Industrial Addition, Lot
1, Block A, LCAD 111478, 121013, 71912, 71910 and 70702, located in the 2400 Block
of Church Street.
Todd Mittge states that staff is recommending approval of the preliminary plat with one
minor condition for the utility locations to be updated on the map.
A Motion to approve the preliminary plat with the minor condition was made by Board
Member Francine Neeley and seconded by Board Member Adam Bolton. Motion carried,
5 ayes — 0 nays.
14. Consideration of and action on the Final Plat of the Harper Industrial Addition, Lot 1, Block
A, LCAD 1 l 1478, 121013, 71912, 71910 and 70702, Iocated in the 2400 Block of Church
Street.
Todd Mittge states that staff is recommending approval of the final plat with the same
condition.
A Motion to approve the preliminary plat with city recommendation was made by Board
Member Adam Bolton and seconded by Board Member Francine Neeley. Motion carried,
5 ayes — 0 nays.
15. Consideration of and action on the Preliminary Plat of the Lamar County Emergency
Center Addition, Lot 1, Block 1, LCAD 59544, located at 2805 N Main St.
Todd Mittge states that staff is recommending approval of the preliminary plat without
conditions.
A Motion to approve the preliminary plat without conditions was made by Board Member
Tylesha Ross -Mosley and seconded by Board Member Adam Bolton. Motion carried, 5
ayes — 0 nays.
16. Consideration of and action on the Final Plat of the Lamar County Emergency Center
Addition, Lot 1, Block 1, LCAD 59544, located at 2805 N Main St.
Todd Mittge states that staff is recommending approval of the final plat without conditions.
A Motion to approve the final plat without conditions was made by Board Member Tylesha
Ross -Mosley and seconded by Board Member Chance Abbott. Motion carried, 5 ayes —
0 nays.
17. Consideration of and action on the Preliminary Plat of the North Main Plaza Addition, Lot
1, Block A, LCAD 53645, located at 2310 N Main St.
Todd Mittge states that staff is recommending approval of the preliminary plat with two
conditions.
A Motion to approve the preliminary plat with the two conditions was made by Board
Member Francine Neeley and seconded by Board Member Adam Bolton. Motion carried,
5 ayes — 0 nays.
18. Consideration of and action on the Final Plat of the North Main Plaza Addition, Lot 1,
Block A, LCAD 53645, located at 231.0 N Main St,
Todd Mittge states that staff is recommending approval of the final plat with three
conditions.
A Motion to approve the final plat with three conditions was made by Board Member
Chance Abbott and seconded by Board Member Tylesha Ross -Mosley. Motion carried, 5
ayes — 0 nays.
19. Consideration of and action on the Replat of the Westview Addition, Lots 7R and 8R,
Block A, LOAD 130518 and 20605, located in the 1800 Block of W Houston St.
Todd Mittge states that staff is recommending the replat be approved with four conditions.
A Motion to approve the replat with four conditions was made by .Board Member Adam
Bolton and seconded by Board Member Francine Neeley. Motion carried, 5 ayes — 0 nays.
20. Request items for future agendas.
Commissioners discussed the January meeting date since the first Monday is a holiday...
The Commission agreed that Wednesday, January 03, 2024 would work for everyone.
Duke McGee states that the Paris Development Code Committee is now missing a member
with Michael Mosher no longer on the Commission. McGee asked for a volunteer to be
appointed from the Planning Commission on the next agenda.
21. Adjournment.
There being no further business, the meeting was adjourned at 5:47 p.m.
:APPROVED THE P DAY OF JANUARY, 2024
j
Chairpen.,sn °
VCC Quarterly Reports for October, November, and December, 2023
October
October 191h thru 22"d
TEXPACC Advanced Square Dance Convention
Budgeted Item
October 28th
Room Nights: 175
City of Main Street "Festival of Pumpkins"
Funded: $1875
November
Room Nights 18
November 4th and 5th and December 91h and 10th — same event on both dates
Texas K9 Precision Coursing
Funded:$1005
December
December 28t1 thru 30th
Paris High Basketball Tournament
Funded: $5000
Room Nights: 25 total
Room Nights: 150
Paris Visitor & Convention Council
Statement of Assets, Liabilities and Net Assets
Modified Cash Basis
November 30, 2023
ASSETS
CURRENT ASSETS
HOT Checking
Not HOT Checking
Liberty MM 5269
First Federal CD 8703 -NH
Credit Union of Texas 6406- NH
LNB CD 25490
Total Current Assets
OTHER ASSETS
Due From Not Hot Checking
Due From- COC
Total Other Assets
Total Assets
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Due to COC
Due to LCC
Due to Hot Checking
Payroll Liabilities
Sales Tax Payable
Total Current Liabilities
NET ASSETS
Retained Earnings
Net Income
Total Net Assets
Total Liabilities and Net Assets
$ 71,300.55
238,957.97
218,543.58
50,000.00
50,197.28
51.,.944.56
680,943.94
1,500.00
428.53
1,928.63
$ 682 872.47
$ 13,589.74
2,763.86
1,500.00
833.96
120.59
18„808.15
733,246.58
69L182.26)
664 064.32
-2=4$ 582,672.47
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 2 Months Ended November 30, 2023
2 Months Ended 2 Months Ended
Nov 30, 2023 Nov 30, 2023 Variance % of Budget Annual Budget
Actual Budget
Revenue
Hotel / Motel Occupancy Tax $ 0.00 $ 0.00 $ 0.00 0.00% $ 850,000.00
Hot Money Interest _ 1053.59 166.00 887.59 634.69% 1000.00
Total Revenue
0
887.59
634.69%
851000.00,
Operating Expenses
Postage
23.22
25.00
(1.78)
92.88%
750.00
Misc Expenses
111.59
100.00
11.59
111.59%
730.00
General Liability
0.00
0.00
0.00
0.00%
2,000.00
D &•0 Insurance
0.00
0.00
0.00
0.00%
1,700.00
Worker's Comp
557.16
1,000.00
(442.84)
55.72%
1,000.00
Staff Ins./Retirement
1,131.48
1,532.00
(400.52)
73.86%
9,200.00
Meetings & Hosting
941.86
500.00
441.86
188.37%
500.00
Chamber Management
12,500.00
12,500.00
0.00
100.01) %
50,000.00
Out of Town Travel
318.13
350.00
(31.87)
90.89%
3,000.00
Intovin Auto/Exp Allowance
400.00
500.00
(100.00)
80.00%
3,000.00
Membership Dues/Sub.
1,650.00
1,750.00
(100.00)
94.29%
6,800.00
Audit
0.00
0.00
0.00
0.00%
3,000.00
Bookkeeping.
1,051.33
1,166.00
(114.67)
90.17%
7,060.00
Payroll Eipenses
14,273.04
14,666.00
(392.96)
97.32%
88,000.00
PayrollTax'Expense
1,081.57
1r154.00
(72.43)
93.72%
6,920.00
Office Expense
882.08
900.00
(17.92)
98.01 %
3,000.00
Communications
66.42
668.00
(601.58)
9.94%
4,000.00
Historical; Museum
0.00
0.00
0.00
0.00%
3,500.00
Bank Service Charge
140.82
84.00
56.82
167.64%
500.00
Motel Tax Transferred to LCC
0.00
0.00
0.00
0.00%
425,000.00
Marketing / Advertising
12,656.55
12,700.00
(43.45)
99.66%
85,000.00
Chaparral Square Dancers
65.66
65.00
0.66
101.02%
2,100.00
Tour de Paris Exp
350.00
350.00
0.00
100.00%
32,000.00
ASA
0.00
0.00
0.00
0.00%
15,000.00
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%
14,000.00
Red Bull Qualifier Exp
1,148.34
0.00
1,148.34
0.00%
0.00
Pump Track Event
6,100.11
4,000.00
2,100.11
152.50%
4,000.00
Branding Discovery
750.00
750.00
0.00
100.00 %
5,000.00
Jettribe Expense
0.00
0.00
0.00
0.00%
10,000.00
Eclipse Expense
2,409.00
0.00
2,409.00
0.00%
0.00
Steak Wars
0.00
0.00
0.00
0.00%
10,000.00
Events Promotion / Funding
10,890.00
11,500.00
(610.00)
94.70%
60,000.00
Arts Allocation
0.00
0.00
0.00
0.00%
7,000.00
Rent to COC
2,000.00
2,000.00
0 _
00
100.00 % .._.
12,000.00
Total Operating Expenses
71,498.36
68,260.00
3,236.36
104.74%
884,700.00
Operating Income (Loss)
-- 70 444.77
(68,094.00
___A2,,350.77'
103.45%
33,700.00'
NOT -HOT INCOME
Trolley / Historical
1,050.00
1,050.00
0.00
100.00%
5,000.00
Tour de Paris Income
0.00
0.00
0.00
0.00%
50,000.00
ASA Indoor Archery Event
0.00
0.00
0.00
0.00%
1,500.00
TMBRA Bicycle Race
0.00
0.00
0.00
0.00%
14,000.00
Pump Track Event Income
1,645.00
1,000.00
645.00
164.50%
1,000.00
Prospective Event Income
0.00
0.00
0.00
0.00%
50,000.00
Souvenir Sales
1,368.81
1,450.00
(81.19)
94.40%
4,000.00
Interest Income
221.92
_ 166.00
55.92
133.69%
1,000.00
Total Not -Hot Income
_ 4,285.73
3,666.00
619.73
116.90%
126,500.00
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
Paris Visitor & Convention Council
Budget to Actual, Year to Date
Modified Cash Basis
For the 2 Months Ended November 30, 2023
NOT -HOT EXPENSES
412.82
Credit Card Fees
744.82
Trolley Driver
157.50
Trolley Expenses
1,321.60
Trolley Insurance
374.30
Souvenir Exp
425.00
903 Sunset Concert Series Exp
0.00
Prospective Event Exp
0.00
Total Not -Hot Expenses 3,023.22
Net Income (Loss) $„ 69182.26
332.00
412.82
224.34%
2,000.00
150.00
7.50
105.00%
2,500.00
1,375.00
(53.40)
96.12%
5,000.00
350.00
24.30
106.94%
2,100.00
425.00
0.00
100.00%
4,000.00
0.00
0.00
0.00%
25,000.00
_._ 0.00
0.00
0.00%
50,000.00
2,632.00
391.22
114.86 %
90,600.00
2,122.26)
103.161%
2200.00
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
Paris Visitor & Convention Council
Budget to Actual, Current Month and Prior Year Period
Modified Cash Basis
For 1 Month Ended November 30, 2023 and 2022 and 2 Months Ended November 30, 2022
NOT -HOT EXPENSES
Credit Card Fees
1 Month Ended
1 Month Ended
1 Month Ended
2 Months Ended
Trolley Driver
Nov 30, 2023
Nov 30, 2023
Nov 30, 2022
Nov 30, 2022
Trolley Expenses
Actual
Budget
Actual
Actual
REVENUE
184.57
175.00
190.65
385.50
Hotel / Motel Occupancy Tax
$ 0.00
$ 0.00
$ 239,253.89
$ 239,253.89
Hot Money Interest
_____,1047.46
83.00
_ 12.40
43.31
Total Revenue
1�
83.00
239 266.29
m
239,297.20
OPERATING EXPENSES
Postage
23.22
25.00
15.80
15.80
Misc Expenses
0.00
0.00
0.00
17.61
Worker's Comp
557.16
1,000.00
53.63
53.63
Staff ins./Retirement
483.69
766.00
556.19
1,112.36
Meetings & Hosting
941.86
500.00
26.47
26.47
Chamber Management
12,500.00
12,500.00
12,500.00
12,500.00
Out of Town Travel
318.13
350.00
0.00
0.00
Intown Auto/Exp Allowance
200.00
250.00.
200.00
400.00
Membership Dues/Sub.
250.00
250.00
0.00
825.00
Bookkeeping
600.58
583.00
497.50
1,147.00
Payroll Expenses
7,136.52
7,333.00
6,997.26
13,857.00
Payroll Tax Expense
540.78
577.00
530.10
1,049.72
Office Expense
178.89
200.00
260.18
423.38
Communications
66.42
334.00
304.17
304.17
Bank Service Charge
37.46
42.00
7.46
18.65
Motel Tax Transferred to LCC
0.00
0.00
119,626.95
119,626.95
Marketing / Advertising
8,415.55
8,500.00
2,700.00
4,700.00
Chaparral Square Dancers
14.01
' 15.00
(172.50)
(172.50)
Tour de Paris Exp
350.00
350.00
175.00
175.00
Red Bull Qualifies Exp
1,148.34
0.00
0.00
0.00
Pump Track Event
833.75
500.00
0.00
0.00
Eclipse Expense
2,409.00
0.00
0.00
0.00
Events"Prornotion / Funding
500.00
500.00
3,907.75
9,831.75
Arts Allocation
0.00
0.00
0.00
7,000.00
Rent to O
,0 O.DD
. ._
000.00
0 .IT,
_ 1.000.00
2,000.00
Total Operating Expenses
38 506.36
35„575.00
149,185.96
174911.99
Operating Income (Loss)
37 458.90)
___115,492.00j
90,080.33
64,385.21
NOT -HOT INCOME
Trolley 1 Historical
750.00
750.00
700.00
2,000.00
Pump Trade Event Income
970.00
350.00
0.00
0.00
Souvenir Sales
530.34
600.00
366.59
1,353.84
Interest Income
108.29
83.00
121.69
234.96
Total Other Income
2,358.63
1,783.00
1,188.28
NOT -HOT EXPENSES
Credit Card Fees
284.07
166.00
295.84
505.04
Trolley Driver
157.50
150.00
0.00
331.00
Trolley Expenses
1,251.60
1,300.00
213.00
213.00
Trolley Insurance
184.57
175.00
190.65
385.50
Souvenir Exp
_..... 0.00
0.00
0.00
493.60
Total Not -Hot Expenses
_ 1,877.74
1,791.00
�699A9
Net Income (Loss)
$ (36,978.01)
Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
by the AICPA, substantially all disclosuresQrdinariiy 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
October 31, 2023
ASSETS
CURRENT ASSETS
HOT Checking
Not HOT Checking
Liberty MM 5269
First Federal CD 8703 -NH
Credit Union of Texas 6406- NH
LNB CD 25490
Total Current Assets
OTHER ASSETS
Due From Not Hot Checking
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 Hot Checking
Payroll Liabilities
Sales Tax Payable
Total Current Liabilities
NET ASSETS
Retained Earnings
Net Income
Total Net Assets
Total Liabilities and Net Assets
$ 95,670.39
238,731.72
217,500.30
50,000.00
50,197.28
51,944.56
704,044.25
1,500.00
252.00
198.67
1,950.67
$ _.1051994.92
$ 128.39
2,877.36
1,500.00
871.44
75.40
5,452.59
733,246.58
(32,7-04.25)
700,542.33
$ 705,994.92
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, 2023
1 Month Ended 1 Month Ended
Oct 31, 2023 Oct 31, 2023 Variance % of Budget Annual Budget
Actual Budget
Revenue
Hotel / Motel Occupancy Tax $ 0.00 $ 0.00 $ 0.00 0.00% $ 850,060.00
Hot Money Interest --6.13 83.00 __26-8J7 7.39% 100000
Total Revenue
6.13
83.00
_�16�87
7.39%
851,000.00
Operating Expenses
Postage
0.00
0.00
0.00
0.00%
750.00
Misc Expenses
111:59
100.01)
11.59
111.59%
730.00
General Liability
0.00
0.00
0.00
0.00%
2,000.00
D & O Insurance
0.00
0.00
0.00
0.00%
1,700.00
Worker's Comp
0.00
0.00
0.00
0.00%
1,000.00
Staff Ins./Retirement
647.79
766.00
(118.21)
84.57%
9,200.00
Meetings & Hosting
0.00
0.00
0.00
0.00%
500.00
Chamber Management
0.00
0.00
0.00
0.00%
50,000.00
Out of Town Travel
0.00
0.00
0.00
0.00%
3,000.00
Intown Auto/Exp Allowance
200.00
250.00
(50.00)
80.00%
.3,000.00
Membership Dues/Sub.
1,400.00
1,500.00
(100.00)
93.33%
6,600.00
Audit
0.00
0.01)
0.00
0.00%
3,000.00
Bookkeeping
450.75
583.00
(132.25)
77.32%
7,000.00
Payroll Expenses
7,136.52
7,333.00
(196.48)
97.32%
86,000.00
Payroll Tax Expense
540.79
577.00
(36.21)
93.72%
6,920.00
Office Expense
703.19
70D.OD
3.19
100.46%
3,000.00
Communications
0.00
334.00
(334.00)
0.00%
4,000.00
Historical Museum
0.00
O.OD
0.00
0.00%
3,500.00
Bank Service Charge
103.36
42.00
61.36
246.10%
500.00
Motel Tax Transferred to LCC
0.00
0.01)
0.00
0.00%
425,000.00
Marketing / Advertising
4,240.00
4,200.00
40.00
100.25%
85,000.00
Chaparral Square Dancers
51.65
50.01)
1.65
103.30%
2,100.00
Tour de Paris Exp
0.00
0.00
0.00
0.00%
32,000.00
ASA
0.00
0.00
0.00
0.00%
15,000.00
ASA Indoor Archery Event Exp
0.00
0.00
0.00
0.00%
2,000.00
SOBA 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%
14,000.00
Pump Track Event
5,286.36
3,500.00
1,766.36
150.47%
4,000.00
Branding Discovery
750.00
750.00
0.00
100.00%
5,000.00
Jettribe Expense
0.00
0.00
0.00
0100%
10,000.00
Steak Wars
0.00
0.00
0.00
0.00%
10,000.00
Events Promotion /Funding
10,890.00
11,000.00
(110.00)
99.00%
60,000.00
Arts Allocation
0.00
0.00
0.00
0.00%
7,000.00
Rent to COC
1,000.00
1,000.00
0.00
100.00 %
12 000.00
Total Operating Expenses
p g p
33492.00
32,685.00
807.00
102.47%
884,700.00,
Operating Income (Loss)
„__. (33,485.87)
32,602E
883 8'7'
102.71%
33,700.01)1
NOT -HOT INCOME
Trolley / Historical
300.00
300.00
0.00
100.00%
5,000.00
Tour de Paris Income
0.00
0.00
0.00
0.00%
50,ODO.00
ASA Indoor Archery Event
0.00
0.00
0.00
0.00%
1,500.00
TMBRA Bicycle Race
0.00
0.00
0.00
0.00%
14,ODO.00
Pump Track Event Income
675.00
650.00
25.00
103.85%
1,000.00
Prospective Event Income
0.00
0.00
0.00
0.00 %
50,000.00
Souvenir Sales
838.47
850.00
(11.53)
98.64%
4,000.00
Interest Income
�m 113.63
83.00
30.63
136.90%
1,000.00
Total Not,Hotlncome
1,927.10
1IL883-00
44.10 .�.,�..„,,......�„
102.34%
126,500.00.,
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
Paris Visitor & Convention Council
Budget to Actual, Year to Date
Modified Cash Basis
For the 1 Month Ended October 31, 2023
NOT -HOT EXPENSES
Credit Card Fees
460.75
166.00
294.75
277.56%
2,000.00
Trolley Driver
0.00
0.00
0.00
0.00%
2,500.00
Trolley Expenses
70.00
75.00
(5.00)
93.33%
5,000.00
Trolley Insurance
189.73
175.00
14.73
108.42%
2,100.00
Souvenir Exp
425.00
0.00
425.00
0.00%
4,000.00
903 Sunset Concert Series Exp
0.00
0.00
0.00
0.00%
25,000.00
Prospective Event Exp
..0.00
0.00
0.00
0.00%
50,000.00
Total Not -Hot Expenses
1,145.48
416.00
729.48
276.36%
90,600.00
Net Income (Loss)
: � 347Q4.2j5
31 135.00 3
1 569,225
105.04%
2200.00
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
Paris Visitor & Convention Council
Budget to Actual, Current Month and Prior Year Period
Modified Cash'Basis
For 1 Month Ended October 31, 2023 and 2022 and 1 Month Ended October 31, 2022
Net Income (Loss) $ 11,704.25 $ �135.OD1 $ 24,523.25 $ Ary 24,523.25
Financial statement preparation service provided by Malnory. WNcal & 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, 2023
Oct 31, 2023
Oct 31, 2022
Oct 31, 2022
Actual
Budget
Actual
Actual
REVENUE
Hot Money Interest
$ ..6.13
$. 83.00
$ 30.91
$ 30:91„
Total Revenue
8.13
83.00
30.91
30.91
OPERATING EXPENSES
Misc Expenses
111.59
100.00
17.61
17.61
Staff Ins./Retirement
647.79
766.00
556.17
556.17
Intown Auto/Exp Allowance
200.00
250.00
200.00
200.00
Membership Dues/Sub.
1,400.00
1,500.00
825.00
825.00
Bookkeeping
450.75
583.00
649.50
649.50
Payroll Expenses
7,136.52
7,333.00
6,859.74
6,859.74
Payroll Tax Expense
540.79
577.00
519.62
519.62
Office Expense
703.19
700.00
163:20
163.20
Bank Service Charge
103.36
42.00
11.19
•11.19
Marketing / Advertising
4,240.00
4,200.00
2,000.00
2,000.00
Chaparral Square Dancers
51.65
50.00
0.00
0.00
Pump Track Event
5,266.36
3,500.00
0.00
0.00
Branding Discovery
750.00
750.00
0.00
0.00
Events Promotion / Funding
10,890.00
11,000.00
5,924.00
5,924.00
Arts Allocation
0.00
0:00
7,000.00
7,000.00
Rent to COC
1,000.00
1,000.00
1 „000.0010000.00
Total Operating Expenses
33,492.00
32,685.00
25,726.03
25 728.03
Operating Income (loss)
33,485.87
'32,602.00
'25,695.12
(25,895.121
NOT -HOT INCOME
Trolley/ Historical
300.00
300.00
1,300.00
1,300.00
Pump Trade Event Income
675.00
650.00
0.00
0.00
Souvenir Sales
838.47
850.00
987.25
987.25
Interest Income
11.3.63
83.00
113.27
113:27
Total Other Income
1,927.10
1,883.00
2,400.52
2400.52
NOT -HOT EXPENSES
Credit Card Fees
460.75
166.00
209.20
209.20
Trolley Dr`mer
0.00
0.00
331.00
331.00
Trolley Expenses
70.00
75.00
0.00
0.00
Trolley Insurance
189.73
175.00
194.85
194.85
Souvenir Exp
425.00
_ 0.00
493.60
493.60
Total Not Hot Expenses
P
1 145.48
�
416.00
1,228.65
1.L228-65
Net Income (Loss) $ 11,704.25 $ �135.OD1 $ 24,523.25 $ Ary 24,523.25
Financial statement preparation service provided by Malnory. WNcal & 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, 2023
ASSETS
CURRENT ASSETS
HOT Checking
$ 301,934.79
Not HOT Checking
239,861.98
Liberty MM 5269
218,543.58
First Federal CD 8703 -NH
50,000.00
Credit Union of Texas 6406- NH
50,197.28
LNB CD 25490
52,238.30
Total Current Assets
912„775.93
OTHER ASSETS.
733,596.78
Due From COC
784.61
Total Other Assets
784.61
Total Assets
—9131.560.6„1
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Credit Card Payable
$ 1,273,92
Due to COC
14,538.65
Due to LCC
126,845.10.
Payroll Liabilities
1,004.66
Sales Tax Payable
139.80
Total Current Liabilities
143,802.13
NET ASSETS
Retained Earnings
733,596.78
Net Income
36„161.63
Total Net Assets
7
Total Liabilities and Net Assets
$ 913„560.54
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 3 Months Ended December 31, 2023
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, 2023
Dec 31, 2023
Variance
% of Budget
Annual B4dget
Actual
Budget
Revenue
Hotel / Motel Occupancy Tax
$ 241,868.82
$ 212,500.00 $
29,368.82
113.82%
$ 850,000.00
Hot Money Interest
1,35B.06 06
_ p 249.00
1,107.06
544.60%
_mwmw 1,000.00
Total Revenue
_._._;431224.88
212,749.00
30,475.88
114.32%
x00
Operating Expenses
Postage
65,41
65.00
0.41
100.63%
750.00
Misc Expenses
111.59
100.00
11.59
111.59 %
730.00
General Liability
0.00
0.00.
0.00
0.00%
2,000.00
D & O Insurance
0.00
0.00
0.00
0.00%
1,700.00
Workers Comp
646.90
1,000.00
(353.10)
64.69%
1,000.00
Staff Ins./Retirement
1,615.17
2,298,00
(682.83)
70.29%
9,200,00
Meetings & Hosting
951.82
500.00
451.82
190.36%
500.00
Chamber Management
12,500.00
12,500.00
0.00
100.00%
50,000.00
Out of Town Travel
1,433.31
1,350.00
83.31
106.17%
3,000.00
Intown Auto/Exp Allowance
600.00
750.00
(150.00)
80.00%
3,000.00
Membership Dues/Sub.
1,650.00
1,750.00
(100.00)
94.29%
6,800.00
Audit
0.00
0.00
0.00
0.00%
3,000.00
Bookkeeping
1,607.83
1,749.00
(141.17)
91.93%
7,000.00
Payroll Expenses
22,452.30
21,999.00
453.30
102.06•%
88,000.00
Payroll Tax Expense
1,702.12
1,731.00
(28.88)
98.33%
6;920.00
Office Expense
937.33
950.00
(12.67)
98.67%
3,000.00
Communications
269.73
1,002.00
(732.27)
26.920%
4,000.00
Historical Museum
0.00
0.00
0.00
0.06%
3,500.00
Bank Service Charge
178.28
126.00
52.28
141.49%
500.00
Motel Tax Transferred to LCC
120,934.41
106,250.00
14,684.41
113.82%
425,000.00
Marketing / Advertising
17,893.85
18,000.00
(106.15)
99.41 °%
87,000.00
Chaparral Square Dancers
65.66
65.00
0.66
101.02%
2,100.00
Tour de Paris Exp
850.00
850.00
0.00
100.00%
32,000.00
ASA
0.00
0.00
0.00
0.00 °%
15,000.00
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%
7,060.00
TMBRA Bicycle Race Exp
50.00
50.00
0.00
100.00%
14,000,00
Red Bull Qualifier -Exp
1,148.34
0.00
1,148.34
0.00%
0.00
Pump Track Event
6,100.11
4,000.00
2,100.11
152.50%
4,000.00
Branding Discovery
750.00
750.00
0.00
100.00%
5,000.00
Jettribe Expense
0.00
0.00
0.00
0.00%
10,000.00
Eclipse Expense
2,233.00
0.00
2,233.00
0.00%
0.00
Steak Wars
0.00
0.00
0.00
0.00%
10,000.00
Events Promotion / Funding
10,890.00
11,500.00
(610.00)
94.7,0%
60,000.00
Arts Allocation
0.00
0.00
0.00
0.00%
7,000.00
Rent to COC
3,000.00
mm
0.00
100.00%
12,000.00
Total Operating Expenses
210,637.16
192„335.00
18,302.16
9.52%
886,700.00
Operating Income(Loss)
32,587.72 ,
20,414.00
12,173.72
1�59.63 %
_(35;700.00)
_
NOT -HOT INCOME
Trolley / Historical
4,650.00
4,650.00
0.00
100.00%
5,000.00
Tour de Paris Income
0.00
0.00
0.00
0.00%
50,000.00
ASA Indoor Archery Event
0.00
0.00
0.00
0.00%
1,500.00
TMBRA Bicycle Race
730.80
750.00
(19.20)
97.44%
14,000.00
Pump Track Event Income
1,645.00
1,000.00
645.00
164.50%
1,000,00
Prospective Event Income
0.00
0.00
0.00
0.00%
50,000.00
Souvenir Sales
1,607.91
1,700.00
(92.09)
94.58%
4,000.00
Interest Income
330.25
249.00
81.25
132.63%
1,000.00
Total Not -Hot Income
8,963.96
6,349.00
614.96
107.37%
126,500.00
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
Paris Visitor & Convention Council
Budget to Actual, Year to Date
Modified Cash Basis
For the 3 Months Ended December 31, 2023
NOT -HOT EXPENSES
Credit Card Fees
785.81
498.00
287.81
157.79%
2,000.00
Trolley Driver
735.00
700.00
35.00
105.00%
2,500.00
Trolley Expenses
1',400.88
1,455.00
(54.12)
96.28%
5,000.00
Trolley Insurance
564.68
525.00
39.68
107.56%
2,100.00
Souvenir Exp
1,903.68
1,925.00
(21.32)
98.89%
4,000.00
903 Sunset Concert Series Exp
0.00
0.00
0.00
0.00%
25,000.00
Prospective Event Exp
0.00
0.00
0.00
0.00%
50,000.00
Total Not -Hot Expenses
5.390.05
5103.00
_,
287.05
105.63%
90,600.00
Net Income (Loss) $
36,161 63 $
23,660.00 $
12„,501.63
152684%
200.00
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
Paris Visitor & Convention Council
Budget to Actual, Current Month and Prior Year Period
Modified Cash Basis
For 1 Month Ended December 31, 2023 and 2022 and 3 Months Ended December 31, 2022
REVENUE
Hotel / Motel Occupancy Tax
Hot Money Interest
Total Revenue
OPERATING EXPENSES
Postage
Misc Expenses
Worker's Comp
Staff Ins./Retirement
Meetings 8 Hosting
Chamber Management
Out of Town Travel
Intown Auto/Exp Allowance
Membership Dues/3ub.
Bookkeeping
Payroll Expenses
Payroll Tax Expense
Office Expense
Communications
Bank Service Charge
Motel Tax Transferred to LCC
Marketing /Advertising
Chaparral Square Dancers
Tour de Paris Exp
TMBRA Bicycle Race Exp
Eclipse Expense
Events Promotion / Funding
Arts Allocation
Rent to COC
Total Operating Expenses
Operating Income (Loss)
NOT -HOT INCOME
Trolley / Historical
TMBRA Bicycle Race
Souvenir Sales
Interest Income .
Total Other Income
NOT -HOT EXPENSES
Credit Card Fees
Trolley Driver
Trolley Expenses
Trolley Insurance
Souvenir Exp
Total Not -Hot Expenses
Net Income (Loss)
1 Month Ended 1 Month Ended 1 Month Ended 3 Months Ended
Dec 31, 2023 Dec 31, 2023 Dec 31, 2022 Dec 31, 2022
Actual Budget Actual Actual
$ 241,868.82 $
212,500.00
30247p.._.
83.00
242,171.29
212`x583.00
42.19
40.00
0.00
0.00.
89.74
0.00
483.69
766.00
9.95
0.00
0.00
0:00
1,115.18
1,000.00
200.00
250.00
0.00
0.00
556.50
.583.00
8,179.26
7,333.00
620.55
577.00
55.25
50.00
203.31
334.00
37.46
42.00
120, 934.41
106, 250.00
5,237.30
5,300.00
0.00
0.00
500.00
500.00
50.00
50.00
(176.00)
0.00
0.00
0.00
0.00
0.00
1,000.00
1,000.00
139,138:80 124, 075.00
103,032.49 88,608.00
3,600.00
3,600.00
730.80
750.00
239.10
250.00
108.33
83.00
4,678.23
4,683:00
$ 0.00 $
239,253.89
11.72 _
55.03-
11.72
239 308.92
31.35
47.15
54.99
72.60
546.22
599.85
553.29
1,675.65
0.00
26.47
0.00 .. •
12,500.00
1,203.50
1,203.50
200.00600.00
•
250.00.
1,075.00
628.00
1,775.00
8,648.77
22,505.77
656.47
1,706.19
269.57
692.95
271.02
575.19
11.19
,29.84
0.00
119,826.95
1,969.00
6,369.00
0.00
(172.50)
0.00
175.00
4,500.00
4,500.00
0.00
0.00
4,241.86
14,073.51
0.00
7,000.00
1,000.00
3,000.00
24,746.23
199,657.22
(24,M35l ____3g 651.70
4,950.00
6,950.00
0.00
0.00
249.80
1,603.64
135.66
370.62
5,335.46
8,924.26
40.99
166.00
248.35
753.39
577.50
550.00
1,251.00
1,582.00
79.28
80.00
410.70
623.70
190.38
175.00
190.65
576.15
1,478.68
1,500.00
132.00
625.60
2,366.83
2,471.00
2,232.70
4J60-64
$ 105,343.89 1____90
720.00
$ (21,630.76) $
44«415.12
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, 2023
ASSETS
Love Civic Center
$ 188,195.39
Reserved for Construction
136,825.71
Deposit on Signage
61,025.00
Red River Credit CD 332
102,824.08
Liberty CD 59873
33,536.99
Liberty CD 6238
50,000.00
Farmer's CD 0144
50,207.66
FF Money Market 37109
98,637.77
FBT CD 6704863141
183.13
Total Current Assets 862 435.73
Due From VCC
2 763.86
Total Other Assets
_____21.763.86
Total Assets
$ 865,199.69
LIABILITIES AND NET ASSETS
Current Liabilities
Due to COC $ 25,769.31
Payroll Liabilities 1.497.89
Total Current Liabilities 27,267.20
NET ASSETS
Retained Earnings' 963,969.08
Net Income (Loss)___016,026-_69) �
Total Net Assets 837,932.39„
Total Liabilities and Net Assets $ 865199.59
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, 2023
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, 2023
Nov 30, 2023
Variance
% of Budget Annual Budget
Actual
Budget
REVENUE
Motel Tax
$ 0.00
$ 0.00 $
0.00
0.00% $
425,000.00
R.V. Hook Up
1,350.63
1,300.00
50.53
103.89%
7,000.00
Misc Income
0.00
0.00
0.00
0.00%
850.00
Rent
10,518.76
10,500.00
18.76
100.18%
95,000.00
Refunded Deposits
(3,600.00)
(3,800.00)
0.00
100.00%
(14,000.00)
Tower Lighting
_ 0.00
0.00
0.00
0.00%
400.00
Total Revenue
269.39
8,200.00
69,39,
100.85%
514,250.00
Gross Profit
826939
8,200.00
69.39
100.85%
514250.00
OPERATING EXPENSES
Branding/'Marketing Exp
750.00
750.00
0.00
100.00%
5,000.00
Bank Service Charge
120.28
84.00
36.28
143.19%
500.00
Communications
388.47
1,000.00
(611.53)
38.86%
6,000.00
Office Expense
324.49
834.00
(509.51)
38.91 %
5,000.00
Payroll Expenses
17,969.32
21,538.00
(3,568.68)
83.43%
129,220.00
PayrollTaX'Expense
1,370.24
1,702.50
(332.26)
80.48%
10,215.00
Marketing / Advertising
247.50
250.00
(2.50)
99.00%
10,000.00
Audit
0.00
0.00
0.00
0.00%
4,000.00
Bookkeeping
1,051.34
1,168.00
(116.66)
90.01 °%
7,000.00
Electricity
5,327.39
5,600.00
(272.61)
95.13%
40,000.00
Water
3,556.18
1,332.00
2,224.18
266.98%
8,000.00
Gas
423.02
425.00
(1.98)
99.53%
6,000.00
Trash Disposal
783.94
834.00
(50.06)
94.00%
5,000.00
lntown Auto Exp Allowanoe
500.00
500.00
0.00
100.00%
3,000.00
Out of Town Travel
0.00
0.00
0.00
0.00%
1,500.00
9b3 Concert Series
0.00
0.00
0.00
0.00%
25,000.00
Chamber Management
25,000.00
25,000.00
0.00
100.00%
25,000.00
Eiffel Tower Lighting/Maint
0.00
0.00
0.00
0.00%
1,000.00
Building Maint./Spas/Equip
47,050.41
46,300.00
750.41
101.62'%
100,000.00
Security
117.90
120.00
(2.10)
98.25%
6,500.00
Staff Ins./Retirement
1,245.38
1,521.50
(276.12)
81.85%
9,129.00
Building Insurance
0.00
0.00
0.00
0100%
6,000.00
General'Liability
0.00
0.00
0.00
0.00%
5,000.00
Workers Comp. Insurance
581.26
1,400.00
(818.74)
41.52%
1,400.00
Directors & Officers
0.00
0.00
0.00
0.00%
2,000.00
Misc Expenses
232.48
250.00
(17.52)
92.99%
1,500.00
Ground Maintenance
2,640.00
1,416.00
1,224.00
186.44%
8,500.00
Capital Improvements
25,448.96
25,000.00
448.96
101.80 % _
82,436.00
Total Operating Expenses
135 128.56
137,025.00
1,896.44
.62%
513,900,00
O Aerating Income (Loss)
i 126,859.17)
128 825.00 _
( s
965.83
1,__
98.47%
350.00
OTHER INCOME
Interest Income
48
.3
416.00
416.48
200.12%
2 500:00
Total Other Income
832.48
416.00
416.48
200.12%
2 600.00
Other Expenses
Total Other Expenses
0.00
0.00
0.00
0.00%
0.00
Net Income (Loss)
S „ 126W02„6.69
y � 1221B 409.00 5
2 382.31
98.14% $
285000
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 7 Month Ended November 30, 2023 and 2022 and 2 Months Ended November 30, 2022
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, 2023
Nov 30, 2023
Nov 30, 2022
Nov 30, 2022
Actual
Budget
Actual
Acutal
Revenue
Motel Tax
$ 0.00
$ 0.00
$ 119,626.95
$ 119,626.95
R.V. Hook Up
0.00
0.00
100.00
1,352.34
Mlsc Income
0.00
0.00
0.00
100.00
Rent
5,999.96
6,000.00
14,275.11
36,171.41
Refunded Deposits
--6�OO.UO)600.00
ww µ°w_ (400.001
�mm400.00
Total Revenue
5 399.96
5 400.00,
w
133 602.06
156 850.70
Operating Expenses
Bank Service Charge
27.19
42.00
9.33
24.26
Communications
227.45
500.00
465.17
626.19
Office Expense
324.49
417.00
395.00
395.00
Payroll Expenses
9,022.74
10,769.00
8,451.86
21;942.38
Payroll Tax Expense
685.92
851.25
644.40
1,676.99
Marketing / Advertising
0.00
0.00
0.00
1,000.00
Bookkeeping
600.59
584.00
497.50
1,147.00
Electricity
4,719.87
5,000.00
3,191.29
6,995.84
Water
1,736.33
666.00
1,082.94
2,331.32
Gas
298.47
300.00
199.96
199.96
Trash Disposal
391.97
417.00
340.86
340.86
Intowii_ Auto Exp Allowance
250.00
250.00
250.00
500.00
Chamber Management
25,000.00
25,000.00
25,000.00
25,000.00
Building Maint./Spis/Equip
8,292.97
8,300.00
4,363.88
11,010.98
Security
58.95
60.00
246.95
346.90
Staff InsdRetirement
525.58
760.75
627.98
1,248.51
General Liability
0.00
0.00
3,699.65
3,699.65
Workers Comp. Insurance
581.26
1,400.00
53.64
53.64
Ground Maintenance
1,145.00
708.00
1,367.00
1,987.00
Bicycles & Related Expenses
_°_ 0.00
0.00
0.00
787.07
Total Operating Expenses
53,888.78
56,025.00
50 887.41
81.„313.55
Operating Income (Loss)
(48,488.82)
_@0 625.00)
82,714.65
75,537.15
Other Income
Interest Income
588.91
208.00
303.56
493.78
Total Other Income
588.91
20$.00
303.56
493.78
Other Expenses
Total Other Expenses
0.00
0.00
0.00
0.00
Net Income (Loss)
$ 47 899-91
$ (50,417.00')
$ 83 018.21
= °_ ,
$ 76,030.93
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 Quarterly Report -Oct/Nov/Dec
Date
# of Attendees
Event
10/6/7 and 8, 23
1,000
Gun & Knife show
10/9/2023
250
Dusty Circus
10/1223
450
Paris Pregnancy banquet
10/14/2023
250
Breakfast Optimist banquet
10/18/2023
500
RPM job fair
10/19 thru 21/23
300
TexPacc Convention
10/24/2023
400
Chamber Banquet
10/26/2023
350
Farm Bureua banquet
11/3 & 4,23
95
PJC alumni banquet
11/5/2023
100
Circus on ICE
11/11/2023
200
Veterans event
11/11/2023
500
Preston Event
11/16/2023
150
Women's Event
11/18/2023
1500
CIP
11/30/2023
450
Neal McCoy concert
12/1/2023
250
BBQ dinner
12/2/2023
400
BBQ competition
12/2/2023
800
Load Trail party
12/4/2023
400
Pesticide Clinic
12/5/2023
150
PJC Anglin reception
12/8/2023
350
BC/GC Auction
12/13/2023
500
Delco Party
12/15-17/23
1,000
Gun & Knife show
12/20/2023
250
Paris Chevrolet
Love Civic Center
Statement of Assets, Liabilities and Net Assets
Modified Cash Basis
October 31, 2023
ASSETS
Love Civic Center
$ 210,884.42
Reserved for Construction
136,825.71
Deposit on Signage
61,025.00
Red River Credit CD 332
102,824.08
Liberty CD 59873
33,144.70
Liberty CD 6238
50,000.00
Farmer's CD 0144
50,207.56
FF Money Market 37109
98,637.77
FBT CD 6704853
141.183.13
Total Current Assets 884.732.47
Due From VCC
m2,877.36
Total Other Assets
2,877.36
Total Assets
$ 887,609.83
LIAHILITIES AND NET ASSETS
Current Llabil [ties
Due to COC $ 150.84
Due to VCC. 252.00
Payroll Liabilities 1,374.69
Total Current Liabilities 1,777.53
NET ASSETS
Retained Earnings 963,959.08
Net Income (Loss)8 1 26 78
Total Net Assets 885832.30
Total Liabilities and Net Assets $ 887,609.83
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
Love Civic Center
Budget to Actual, Year -to -Date
Modified Cash Basis
For the 1 Month Ended October 31, 2023
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, 2023
Oct 31, 2023
Variance
% of Budget
Annual Budget
Actual.
Budget
REVENUE
Motel Tax
$ 0.00
$ 0.00 $
0.00
0.00%
$ 425,000.00
R.V. Hook Up
1,350.63
1,300.00
50.63
103.89%
7,000.00
Misc Income
0.00
0.00
0.00
0.00%
850.00
Rent
4,518.80
4,500.00
18.80
100.42%
95,000.00
Refunded Deposits
(3,000.00)
(3,000.00)
0.00
100.00%
(14,000.00)
Tower Lighting
0.00
0.00
0.00
0.00%
400.00
Total Revenue
2,869.43
_____2 800.0069.43
102.48%
514,250.00
Gross Profit
2,869.43
2,800.00
69.43
102.48%
614260.00
OPERATING EXPENSES
Branding/Marketing Exp
750.00
750.00
0.00
100-00%
5,000.00
Bank Service Charge
93.09
42.00
51.09
221.64 %
500.00
Communications
161.02
500.00
(338.98)
32.20%
6,000.00
Office Expense
0.00
417.00
(417.00)
0.00%
5,000.00
Payroll Expenses
8,946.58
10,769.00
(1,822.42)
83-08%
129,220.00
Payroll Tax Expense
684.32
851.25
(166.93)
80.39%
10,215.00
Marketing / Advertising
247.50
250.00
(2.50)
99.00%.
10,000.00
Audit
0,00
0.00
0.00
0.00%
4,000.00
Bookkeeping
450.75
584.00
(133.25)
77.18%
7,000.00
Electricity
607.52
600.00
7.52
101.25%
40,000.00
Water
1,819.85
666.00
1,153.85
273.25%
8,000.00
Gas
124.55
125.00
(0.45)
99.64 °%
6,000.00
Trash Disposal
391.97
417.00
(25.03)
94.00%
5,000.00
Intown Auto Exp Allowance
250.00
250.00
0.00
10.0.00%
3,000.00
Out of Town Travel
0.00
0.00
0.00
0.00%
1,500.00
903 Concert Series
0.00
0.00
0.00
0.00.%
25,000.00
Chamber Management
0.00
0.00
0.00
0.00%
25,000.00
Eiffel Tower Lighting/Maint
0.00
0.00
0.00
0,00%
1,000.00
Building Maint./5pis/Equip
38,757.44
38,000.00
757.44
101.99%
100,000.00
Security
58.95
60.00
(1.05)
98.25%
6,500.00
Staff Ins./Retirement
719.80
760.75
(40.95)
94.62%
9,129:00 .
Building Insurance
0.00
0.00
0.00
0.00%
6,Ob0.00
General Liability
0.00
0.00
0.00
0.00%
5,000.00
Workers Comp. Insurance
0.00
0.00
0.00
0.00%
1,400.00
Directors &'Officers
0.00
0.00
0.00
0.00%
2,000.00
Misc Expenses
232.46
250.00
(17.52)
92.99%
1,500.00
Ground Maintenance
1,495.00
1,500.00
(5.00)
99.61%
8;500.00
Capital Improvements
p p
25,446.96
25,000.00
448.96
101.80%
82,436 .00
Total Operating Expenses
81,239.78
__8,1792.00
552.22
99.32%
513900 '00
Operating Income Loss
P 9 (Loss)
� 78,370.35
�8 992.00
_ 7' ,
621.65
99.91%
350.00
OTHER INCOME
Interest Income
243.57
208.00 _www_
35.57
� 117.10%
2,500.00,
Total Other Income
243.57
208.00
_ 35.57
117.10%
2500.00
Other Expenses
Total Other Expenses
X0.00
0.00
0.00
0.00%
0.00
Net Income (Loss)
$ (78,126.78)
$�78 784.00) $
657.22
99.17 °%
$ 2,850.00
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, 2023 and 2022 and 1 Month Ended October 31, 2022
Net Income (Loss) $ (78,126.78) $76,78400 $ 18 987.28 $Ba987 26
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, 2023
Oct 31, 2023
Oct 31, 2022
Oct 31, 2022
Actual
Budget
Actual
Acute[
Revenue
R.V. Hook Up
$ 1,350.63
$ 1,300.00
$ 1,252.34
$ 1,252.34
Mist: Income
0.00
0.00
100.00
100.00
Rent
4,518.80
4,500.00
21,896.30
21,896.30
Refunded Deposits
____ 3,000.00)
_ 3,000.E
0.00
0.00
Total Revenue
2,869.43
2,800.00
23,„248.6423,248.84
Operating Expenses
Branding/Marketing Exp
750.00
750.00
0.00
0.00
Bank Service Charge
93.09
42.00
14.93
14.93
Communications
161.02
500.00
161.02
161.02
Office Expense
0.00
417.00
0.00
0.00
Payroll Expenses
8,946.58
10,769.00
13,490.52
13,490.52
Payroll Tax Expense
684.32
851.25
1,032.59
1,032.59
Marketing/Advertising
247.50
250.00
1,000.00
1,000.00
Bookkeeping
450.75
584.00
649.50
649.50
Electricity
607.52
600.00
3,804.55
3,804.55
Water
1,819.85
666.00
1,248.38
1,248.38
Gas
124.55
125.00
0.00
0.00
Trash Disposal
391.97
417.00
0.00
0.00
lntown Auto Exp Allowance
250.00
250.00
250.00
250.00
Building Maint./Spls/Equip
38,757.44
38,000.00
6,647.10
6,647.10
Security
58.95
60.00
99.95
99.95
Staff Ins./Retirement
719.80
760.75
620.53
620.53
Misc Expenses
232.48
250.00
0.00
0.00
Ground Maintenance
1,495.00
1,500.00
620.00
620.00
Bicycles & Related Expenses
0.00
0.00
787.07
787.07
Capital Improvements
25,448.96
----9.5--000-0q
0.00
0.00
Total Operating Expenses
81,239.78
81,792.OD
30,426.14
30,426.14
Operating Income (Loss)
_ (78,370.35
178,992.D0
7177.50
� 177.5
Other Income
Interest Income
243.57
208.00
190.22
190.22
Total Other Income
243.57
206.00
190.22
190.22
Other Expenses
Total Other Expenses
0.00
----- 0.00
__.. 0.00
0.00
Net Income (Loss) $ (78,126.78) $76,78400 $ 18 987.28 $Ba987 26
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, 2023
ASSETS
126„845.10
Love Civic Center
$ 167,777.37
Reserved for Construction
136,825.71
Deposit on Signage
61,025:00
Red Rimer Credit CD 332
102,824.08
Liberty CD 5987$
33,536.99
Liberty CD 6238
50,000.00
Farmer's CD 0144
50,207.66
FF Money Market 37109
98,637.77
FBT CD 6704863
141.183.13
Total Current Assets 842,017.71
Due From VCC
126„845.10
Total Other Assets
126,845.10
Total Assets
$ 968,862.81
LIABILITIES AND NET ASSETS
Current Liabilities
Credit Card Payable $ 1,446,98
Due to COC 25,149.65
Payroll Liabilities 2,003.43
Total Current Liabilities 281600.06
NET ASSETS
Retained Earnings 963,959.08
Net Income (Loss) (23,696.33
Total Net Assets 940,262.75
Total Liabilities and Net Assets $ 968,862.81
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, 2023
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, 2023
Dec 31, 2023
Variance
% of Budget
Annual Budget
Actual
Budget
REVENUE
Motel Tax
$ 120,934.41
$ 106,250.00 $
14,684.41
113.82%
$ 425,000.00
R.V. Hook Up
2,607.59
2,600.00
7.59
100.29%
7,000.00
Misc Income
0.00
0.00
0.00
0.00%
850.00
Rent
21,643.76
21,500.00
143.76
100.67%
95,000.00
Refunded Deposits
(3,800.00)
(3,800.00)
0.00
100.00%
(14,000.00)
Tower Lighting
0,00
_ 0.00
0.00
0.00%
460.00
Total Revenue
141,385.76
126 550.00
14835.76
11112 %
514 250.00
Gross Profit
141 385.76
126,550.00
14 35.76,
111.72%
514260.00
OPERATING EXPENSES
Branding/Marketing Exp
750,00
750.00
0.00
100.00%
5,000.00
Bank Service Charge
149.33
126.00
23.33
118.52%
500.00
Communications
615.78
1,500.00
(884.22)
41.05%
6,000.00
Office Expense
324,49
1,251.00
(926.51)
25.94%
5,000.00
Payroll Expenses
29,658.41
32,307.00
(2,646.59)
91.80%
129,220.00
Payroll Tax Expense
2,260.85
2,553.75
(292.90)
88.53%
10,215.00
Marketing / Advertising
346.50
350.00
(3.50)
99.00 %
10,000.00
Audit
0.00
0.00
0.00
0.00%
4,000.00
Bookkeeping
1,607.84
1,752.00
(144.16)
91.77%
7,000.00
Electricity
8,872.64
9,100.00
(227.36)
97.50%
40,000.00
Water
4,314.55
1,998.00
2,316.55
215.94%
8,000.00
Gas
1,224.69
1,225.00
(0.31)
99.97%
6,000.00
Trash Disposal
1,175.91
1,251.00
(75.09)
94.00%
5,000.00
Intown Auto Exp Allowance
750.00
750.00
0.00
100.00%
3,000.00
Out of Town Travel
0.00
0.00
0.00
0.00%
1,500.00
903 Concert Series
0.00
0.00
0.00
0.00%
25,000.00
Chamber Management
25,000.00
25,000.00
0.00
100.00%
25,000.00
Eiffel Tower Lighting/Maint
0.00
0.00
0.00
0.00%
1,000.00
Building Maint./Spls/Equip
53,348.34
52,600.00
748.34
101.42%
100,000.00
Security
176.85
180.00
(3.15)
98.25%
6,500.00
Staff Ins./Retirement
1,884.80
2,282.25
(397.45)
82.59%
9,129.00
Building Insurance
0.00
0.00
0.00
0.00%
6,000.00
General Liability
4,080.53
5,000.00
(919.47)
81.61 %
5,600.00
Workers Comp. Insurance
581.26
1,400.00
(818.74)
41.52%
1,400.00
Directors & Officers
0.00
0.00
0.00
0.00%
2,000.00
Misc Expenses
272.38
290.00
(17,62)
93.92%
1,500.00
Ground Maintenance
3.260.00
2,124.00
1,136.00
153.48%
8,500.00
Capital Improvements
25 448.96
25 000.00
448.96
101.80%
82 436.00
Total Operating Expenses
__ 166E104.11
168,790.00
2 6,)
98.41%
513,900.00
Operating Income (Loss)
24,718.35
J42,240.00
17,521.65
5852 %
350.00
OTHER INCOME
Interest Income
1,022.02
624.00
398.02
163.79%
mmm 2500.00
Total Other Income
1,022.02
624.00
398.02
163.79%
2500.00
Other Expenses
Total Other Expenses
0.00
0.00
0.00
0.00%
0.00
Net Income (Loss)
$(..23 69, 6.33)
$ t41 6760
17,919 67„5694
%
$ 2 850.00
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 December 31, 2023 and 2022 and 3 Months Ended December. 31, 2022
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, 2023
Dec 31, 2023
Dec 31, 2022
Dec 31, 2022
Actual
Budget
Actual
Acutal
Revenue
Motel Tax
$ 120,934.41
$ 106,250.00
$ ' 0.00
$ 119,626.95
R.V. Hook Up
1,256.96-.
1,300.00
464.35
1,816.69
Misc Income
0.00
0.00
0.00
100.00
Rent
11,125.00
11,000.00
5,520.53
41,691.94
Refunded Deposits
-1200.00
-----:t0�0.00O
400.00
800.00
Total Revenue
13
118x350.00
5 584.88
162,435.58
Operating Expenses
-Bank Service Charge
29.05
42.00
20.53
44:79
Communications
227:31
500.00
432.02
1,058.21
Office Expense
0.00
417.00
0.00
395.00
Payroll Expenses
11,689.09
.10,769.00
12,806:49
34,748.87
Payroll Tax Expense
890.61
851.25
990.87
2,667.86
Marketing / Advertising
99.00
100:00
49.50
1,049.50
Bookkeeping
556.50
584.00
628.00
1,775.00
Electricity
3,545.25
3,500.00
2,895.47
9,891.31
Water
758.37
666.00
871.41
3,202.73
Gas
801.67
600.00
0.00
199.96
Trash Disposal
391.97
417.00
340.86
691.72
Intown Auto Exp Allowance
250.00
250.00
250.00
750.00
Chamber Management
0.00
0.00
0.00
25,000.00
Building Maint./Spls/Equip
6,297.93
6,300.00
4,901.60
15,912.58
Security
58.95
60.00
58.95
405.85
Staff In9JRetirement
639.42
760.75
628.20
1,876.71
General Liability
4,080.53
5,000.00
0.00
3,699.65
Workers Comp. Insurance
0.00
0.00
775.28
828.92
Misc Expenses
39.90
40.00
64.18
64.18
Ground Maintenance
620.00
.708.00
0.00
1,987.00
Bicycles & Related Expenses
0.00
0.00
m m m 0.00
787.07
Total Operating Expenses
____3(.),t975.55
31,765.00
25,713.36
107,026.91
Operating Income (Loss)
102,140.82
86,585.06
20,128.48
55,408.67
Other Income
Interest Income
189.54
208.00
516.97
1,010.75
Total Other Income
189.54
208.00
516.97
1,010.76
Other Expenses
City of Paris for Construction
0.00
_ 0.0092608.83
92,608183
Total Other Expenses
_ 0.00
0.00
92„608:83
92,608.83
Net Income (Loss)
102 330.36
�,,
$ 86,793.00
$ .3
112,2204
$ 38,
189.41
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