HomeMy WebLinkAbout2007-12-10 - Agendas - Final MEETING NOTICE
The Advertising and Promotion Commission will meet on Monday, December 10, 2007,
at 2 :00 p.m. in the Town Center Conference room.
AGENDA
ADVERTISING AND PROMOTION COMMISSION
December 10, 2007 2:00 p.m. Town Center
1 . Call to Order - Chairman Pat Gazzola
11 . Reports
A. Approval of Minutes for November 12 regular monthly meeting
B. Financial Report
1 . HMR Revenues
2. Financial Statements
3 . Update from City Attorney re: delinquent tax collection efforts
C. Report from Executive Director — Marilyn Heifner
• D. CVB Report — Allyson Twiggs
E. Town Center Report — Willistine Smith
F. Clinton House Museum Report — Brittany Starr
G. Advertising Agency Report — Brian Clark
111. Old Business
1V . New Business
A. H. R. 3988
V. Adjourn
r•
•
• ADVERTISING AND PROMOTION COMMISSION
REGULAR MEETING
November 12, 2007
Commissioners Present: Neal Crawford, Pat Gazzola, David McGeady, Robert Rhoads, and
Maudie Schmitt.
Commissioners Absent: Dan Coody, Bob Davis
Staff Present: Marilyn Heifner, Allyson Twiggs, and Willistine Smith, and Brittany Starr
Chairman Pat Gazzola called the regular monthly meeting of the Fayetteville Advertising and
Promotion Commission to order on October 8, 2007 at the Fayetteville Town Center at 1 :30
p.m.
Prior to the meeting, Commissioners visited with those groups requesting funds from the A &
P Commission.
BUDGET APPROVAL
Marilyn presented preliminary budgets for the Town Center, Visitors Bureau, Clinton House
Museum and two budget for the A & P Commission. The first budget for the Commission
was for the same amount of revenue as budgeted this year. The other budget represented a
• 5% decrease in revenue. Marilyn pointed out this year' s revenue was running 2 % below the
budgeted amount this year. Moved by Schmitt, second by Crawford to approve the
Commission budget with a 5% decrease in revenue and other budgets as presented. Motion
carried.
FUNDING REQUESTS
Moved by McGeady, second by Crawford to approve the following funding amounts from
unallocated funds: Motion carried.
ASCE Mid Continent Conference $ 5,000
Arkansas Air Museum 0
Calcasieu Rabbit Show $ 500
Ceramics Symposium $ 73500
Dickson St. Music Festival $25,000
First Night — Hog Drop 0
Four States Challenge Volleyball $ 4.000
All Star Games $ 10,000
Coaches Clinic and Golf Tournament $ 15,000
Saturday of Champions $ 41000
NWA Coaches Clinic $ 51000
State Soccer Finals $ 1 ,500
7A State Track Meet $ 1 ,000
• DECA Marketing Fashion Show $ 1 ,000
Debate and Forensics Tournament $ 15500
Hogeye Marathon 0
Holiday Hoops $ 5,000
Joe Martin Stage Race $ 3 ,500
Lions 5K Challenge for Sight 0
State Master Gardener Convention $ 2,500
NWA Horseshoe Pitching Tournament 0
Ozark Military Museum 0
Ozark Valley Triathlon 0
Red White and Boom 0
Caring for Creation Conference $ 1 ,000
Savor the Flavor 0
Solar Splash $ 7,500
TheatreSquared $ 3,000
Walton Arts Center — Annie $ 15 ,000
Water-ski Regional Championships $ 5,000
Youth Slow Pitch Softball World Series $ 71500
Total $ 131 ,000
MINUTES
Moved by McGeady, second by Schmitt to approve the minutes of the October 8 regular
meeting. Motion carried.
•
HMR COLLECTIONS
Total collections of HMR tax in October (September sales) were $ 180,324, a decrease of -
8. 18% for the month. Year to date decline in HMR revenues is -2.63%.
Hotel revenue collected in September was $21 ,879.99, a -22.28% decrease from last
September. Year to date hotel revenue is -4.99%. Restaurant revenue for the month was
$ 150,651 .01 , down -4.74% and year to date down -4.88%.
FINANCIAL REPORT
John McKinney from William P. Cook and Assoc. presented the September financial
statements. Moved by Rhoads, second by Crawford to approve the financial statements.
Motion carried.
CITY ATTORNEY
In the absence of Kit Williams, Marilyn said that the City Prosecutor' s office collected
$2,683 .53 last month in overdue HMR taxes. Casey Jones and his staff' s work has resulted in
a total year to date collection of $44,467.48 in overdue HMR taxes.
DIRECTOR' S REPORT
Marilyn Heifner referred to her report in the agenda packet in lieu of time constraints. She
• did address the water problem with the Peace Fountain. Currently, water has been running
from a drain in the stairs for 9 days. Water has leaked from the fountain under the plaza steps.
2007 Recd. 12008 Request Commis. Approv.
ASCE Mid Continent Conference $0 $10,000 $5,000
Arkansas Air Museum $17,500 $46, 182 $0
Calcasieu Rabbit Show $1 ,000 $2,000 $500
Ceramics Symposium $0 $20,000 $7,500
Dickson St. Music Festival $0 $30,000 $25,000
First Night - Hog Drop $1 ,0001 $7,000 $0
Four State Challenge Volleyball Classic $4,000 $4,000 $4,000
All Star Games $9,0001 $10,000 $10,000
Coaches Clinic and Golf Tournament $15,000 $15,000 $15,000
Saturday of Champions $40000 $4,000 $43000
NWA Coaches Clinic $7,000 $7,000 $5,000
State Soccer Finals $0 $1 ,750 $1 ,500
7A State Track Meet $0 $1 ,000 $ 1 ,000
DECA Marketing Fashion Show $3,000 $3,000 $1 ,000
Debate and Forensic Tournament $0 $3,000 $12500
Hogeye Marathon $0 $10,350 $0
Holiday Hoops $16,000 $212500 $5,000
Joe Martin $710001 $10000/$25000 $3,500
Lions 5K Challenge for Sight $0 $6,500 $0
• State Master Gardener Convention $0 $15,000 $2,500
NWA Horseshoe Pitching Tournament $0 $2,600 $0
Ozark Military Museum $5,000 $10,000 $0
Ozark Valley Triathlon $2,500 $4,000 $0
Red, White and Boom $15,000 $15,000 $0
Caring for Creation Conference $0 $10,000 $1 ,000
Savor the Flavor $20500 $1 ,500 $0
Solar Splash $10,0001 $10,000 $7,500
TheatreSquared $3,0001 $7, 100 $3,000
Walton Arts Center - Annie $1020001 $15,000 $159000
Water-ski Regional Championships 1 $10,000 $5,000
Youth Slow Pitch Softball World Series $0 $7,500 $7,500
$132,5001 $309,982 $131 ,000
•
• Solutions are being considered for sealing the fountain with slate, waterproofing or tile are
being evaluated.
CONVENTION VISITORS BUREAU
Allyson Twiggs reported on events for the Lights of the Ozarks. She has recruited the Adult
Probation and Parole conference and bid on the Arkansas Airport operators, Arkansas Parks
and Recreation conference and the International Association of Firefighters conference.
KUAF has broadcast a PSA on the Visitor Center. The Visitor Center Store has been open 41
days and had a total of 1021 visitors with total sales of $ 1600.
TOWN CENTER
Willistine Smith reported 18 contracts with - 19% sales. They will probably end the year with
71 % of their goal and budget. Terror on the Square made approximately $5 ,500. The biggest
event in October was the CAPPA conference, here full facility for three days.
CLINTON HOUSE MUSEUM
October was a good month for the Clinton House Museum. Brittany organized events
celebrating the anniversary of Bill and Hillary which brought in a lot of visitors. She has 3
• confirmed speakers for a spring lecture series. They are Steve Smith, Dr. Dottle, and Jeannine
Perry. She has been working on the 501 (c) 3 application. The parking lot is in, giving a
better perception for visitor access.
AGENCY REPORT
Jade Hart and Lauren Allison reported that 2008 planning is in full swing. They presented 2
ads, one from Midwest Living and one from Hawgs Illustrated showing the new ads.
Experiencefayetteville.com numbers are up. The agency will release the enewsletter for late
fall/winter next week.
OLD BUSINESS
A. Clinton House Museum by-laws
Moved by McGeady, second by Crawford to approve the by-laws for the Clinton House
Museum. Carried.
B. Clinton House Incorporation
Moved by Crawford, second by Rhoads that Pat Gazzola, Marilyn Heifner and Brittany Starr
be named on the incorporation papers. Carried.
NEW BUSINESS
• A. Clinton House Museum lease
• Moved by Rhoads, second by Crawford to approve the lease with the University for the
Clinton House Museum. Motion carried.
B. Repair of Deteriorating Handrails at Town Center
Moved by Crawford, second by Schmitt to approve the bid from Boulder Construction to
repair deterioration of handrails at the Town Center. Motion carried.
McGeady asked that a comprehensive discussion of Town Center rates and selling techniques
be held at the next meeting.
There being no further business, the meeting was adjourned.
Respectfully submitted,
Ile-
Marilyn Heifner
Executive Director
•
•
• Advertising and Promotion Commission
For month of November 2007
Current Year HMR Collected (2120. 0912 .4101 . 00) $ 184,810.87
Prior Year Collected (2120 . 0912 .4101 . 01 ) $ 300.00
Checking Interest Revenue (2120.0912.4705.00) $ 4.30
Crews Investment Interest Revenue (2120.0912.4708.00) $ 6,997.90
Total Revenues $ 192, 113.07
Annual Bond Audit Expense (2120.9120.7602.60) $
Collection Expense (2120. 9120. 5333.00) $ (3,702.22)
Bank of OK Quarterly Fee k2 120.9 120. 1602.60) $
Town Center Bond Payment (2120 . 9120 .7602 .60) 1 $ (54,957.71 )
2004 Property Taxes on Town Center (2120.9120.7602.60) $
Total Expenses $ (58,659.93)
• Total Check to ABP $ 133,453. 14
•
City of Fayetteville, Arkansas
Monthly HMR Tax Collections 2004-2007
2004 2004 2005 2005 2006 2006 2007 2007
Total Change Over Total Change Over Total Change Over Total Change Over
HMR Taxes Prior Year HMR Taxes Prior Year HMR Taxes Prior Year HMR Taxes Prior Year
January $ $135,930 12.75% $153,048 12.59% 1649284 7.30% $166;620 1 .42%
February $129,922 12.05% $133,528 2.78% 183,554 37.46% $150,088 -18.23%
March $139,442 18.89% $1642763 18. 16% 154,067 -6.49% $157,317 2. 11 %
April $149, 113 19.00% $159,473 6.94% 174,063 9. 15% $171 ,562 -1 .43%
May $145,039 11 .85% $159, 186 9.75% 174$ 87 9.54% $165,779 -4.94%
June $149,466 12.86% $162,754 8.89% 171 ,098 5.13% $177,594 3.80%
July $152,917 17. 11 % $1812070 18.41 % 172,905 -4.51 % $173,079 0.00%
August $146,518 10. 19% $167,448 14.31 % 160,067 -4.40% $160,560 0.00%
September $1469097 10. 18% $162,215 11 .03% 169,793 4.67% $172,373 1 .52%
October $155,320 14.07% $169,325 9.02% 196,393 15.99% $180,324 -8.18% '
November $168,369 8.75% $170,780 1 .43% 193,469 13.29% $185, 111 -4.32%
December $138,185 7.78% $160,343 16.03% 159,842 -0.01 %
Total $ $19756,317 12.84% $1 ,9431930 10.68% 2,073,923 6.69% $1 ,860,407 -2.80%
\filename
0 0 0
HMR Comparison 2003 to 2006
Using Year-End totals per HMR Report
HOTELS
2003 2004 % change 2005 % change 2006 % change 2007 % change
Dec 10,773.64 123329.60 14.44% 14,024.64 13.75% 13,284.28 -5.28% 12, 577.76 -5. 10%
Jan 10,638.74 12,614.03 18.57% 13,738.64 8.91 % 13,650.85 0.64% 13,965.23 2. 30%
Feb 12, 140.56 16,210.91 33.52% 17,930.90 10.61 % 16,006.58 -10.73% 16,534.37 3.30%
Mar 15,371 .78 192692.06 28. 11 % 193037.80 -3.33% 18,941 .34 -0.50% 18,699.53 -1 .27%
Apr 16,534.22 17,643.48 6.70% 199720.73 11 .77% 19,000.83 -0.37% 19, 110. 12 0.56%
May 160568.61 192979.47 26.62% 22,347.62 11 .85% 22,796.50 2.00% 23,204.74 1 .79%
Jun 18,530.45 22,917.75 23.67% 22,690.02 -0.99% 22,060.53 -2.78% 22,705.86 2.92%
Jul 16,031 .25 173404.01 8.56% 18,668.34 7.26% 16,804. 33 -9.98% 17,054.25 1 .49%
Aug 16,098. 10 179316.75 7.56% 183786.70 8.48% 17,513.64 -6.67% 18,081 .83 3.24%
Sep 16,875.70 21 ,910. 18 29.83% 213524.09 -1 .76% 28, 150.74 30.78% 21 ,879.99 -22.28%
Oct 25, 183.66 24,314.01 -3.45% 22,729.73 7.44% 22,208.80 -2.29% 27,695.43 2.47%
Nov 16,468.24 169294.83 1 .05% 17,073.24 4.78% 17,351 .42 1 .63%
1919214.95 218,627.08 14.34% 228,272.45 4.41 % 2279769.84 -0.22% 211 ,509.11 -0.51 %
RESTAURANTS
2003 2004 % change 2005 % change 2006 % change
Dec 1123143.74 122,970.98 9.65% 137,855.28 12. 10% 153,658.60 11 .46% 145,851 .07 -5.08
Jan 1049133.72 116,544.55 11 .92% 126,564.43 8.60% 142,675.37 12.73% 126,350. 10 -11 .44%
Feb 99,436. 17 117,063.89 17.73% 127,214.85 8.67% 133,701 .96 5. 10% 133,499.96 -0.001 %
Mar 113,299. 12 125, 141 .62 10.45% 1400166.43 12.00% 153,462. 15 9.48% 145,240.82 -5.36%
Apr 108, 157.35 123,732. 13 14.40% 137,712.38 11 .30% 143, 149.32 7.57% 146,017.95 2.00%
May 1140543.92 126,572.41 10.50% 140,966.98 11 .37% 166,542.00 18. 14% 142,484.49 -14.44%
Jun 111 ,410.87 128,880. 12 15.68% 164,369.25 27.54% 139,677.98 -15.31 % 142,384.44 1 .93%
Jul 109,920.03 1271161 .30 15.68% 136,906.50 7.66% 1523031 .25 11 .05% 1360693.67 -10.09%
Aug 117,824.90 126,217.05 7. 12% 139,830.39 10.78% 143,807.38 2.84% 145,060.67 0.87%
Sep 112,098.50 1342327.89 19.83% 143,215.20 6.61 % 158, 151 .42 10.43% 1500651 .01 -4.74%
Oct 127,371 .76 133,335.40 4.68% 146,722.98 10.04% 1572626. 19 7.43% 152,987.98 -2.94%
Nov 104,084.85 1183147.51 13.51 % 133,691 .45 13. 16% 137,036.80 2.50%
11334,424.93 12500,094.85 12.42% 11675,216.12 11 .67% 1 ,7819520.42 6.68% 1 ,5679222.16 -4.88%
William P . Cook & Associates , PLLC
• Certified Public Accountants
Member American Institute of Certified Pubtie Accountant; & Arbansm Society of Certified Public Accountants
Members:
William P. Cook, CPA (1951 . 2002) William L. Cook 11, CPA L. Andrew 56eppard, CPA
Wesley D. Murtis6aw, CPA Susan P. Carmichael Fern R. Smith, CPA
lon E. Robinson
Fayetteville Advertising & Promotion
Fayetteville Town Center
Fayetteville, Arkansas
We have compiled the accompanying balance sheet, statements of revenues and expenditures, and
schedules of general expenditures and special projects of the Fayetteville Advertising and Promotion
Commission, The Fayetteville Town Center, The Convention and Visitors Bureau, and The Clinton House
Museum as of October 31 , 2007 and for the nine months then ended in accordance with Statements on
Standards for Accounting and Review Services issued by the American Institute of Certified Public
Accountants.
A compilation is limited to presenting in the form of financial statements information that is the
representation of management. We have not audited or reviewed the accompanying financial statements
and, accordingly, do not express an opinion or any other form of assurance on them .
Management has elected to omit substantially all of the disclosures and the statements of retained
• earnings and cash flows ordinarily included in financial statements. If the omitted disclosures and the
statements of retained earnings and cash flows were included in the financial statements, they might
influence the user's conclusions about the entitys assets, liabilities, equity, income, and expenses.
Accordingly, these financial statements are not designed for those who are not informed about such
matters.
William P. Cook & Associates, PLLC
Certified Public Accountants
Fayetteville, Arkansas
November 20, 2007
• www.cookcpa.com
101 West Main, Suite 300 • El Dorado, AR 71730.5689 • Telephone (870) 863.7047 Fax (870) 863-5308
34 West Colt Square Dr., Suite 3, Fayetteville, AR 72703-2888 • Telephone (479) 521-1771 Fax (479) 442-0082
Fayetteville A & P Commission
BALANCE SHEET
As of October 31 , 2007
•
ASSETS
Current Assets
Cash in Bank of Fayetteville - Town Center $ (6.00)
Cash in First Security Bank - Town Center 52,859.90
Cash in Arvest Bank - A & P General 40, 129.31
Cash in Bank of Fayetteville 124,057. 12
Cash in First Security Bank - A & P General 564,320.53
Cash in Arvest Bank - A & P Payroll 18,214.74
Cash in Bank of Fay. - Conv & Visitor Bureau (386.07)
Cash in First Security - Conv & Visitor Bureau (31226.09)
Cash in First Security Bank - Clinton House 27,416.51
Clinton House Inventory 11187.62
CVB Inventory 11 ,678.74
Investments 11642,824.46
Investment Adjustment to Market (599081 .27)
Accounts Receivable 116,296.46
Accrued Interest Receivable 35,342. 14
Due from City 25.00
CVB Cash In Register 100.00
Total Current Assets $ 2,571 ,753. 10
• Property, Plant, & Equipment at Cost
Furniture and Fixtures 91602.98
CVB Building 11140,253.37
Building Additions 206,677.24
Equipment 166,502.88
Less: Accumulated Depreciation (2313768.70)
Net Property and Equipment 19291 ,267.77
Total Assets $ 3,863,020.87
LIABILITIES AND CAPITAL
Current Liabilities
Payroll Taxes Payable $ 3,669.28
Sales Tax Payable 805.00
Accounts Payable 117,409.50
Due to Other Funds 39196.83
Due to Town Center 63089. 10
Total Current Liabilities $ 1313169.71
Capital
Unrestricted Fund Balance 40475,052.22
Excess Revenues Over (Under) Expenditures (743,201 .06)
Total Capital 31731 ,851 . 16
Total Liabilities and Capital 1_2&L3 020.87
See Accountants' Compilation Report
1
Fayetteville A & P Commission
• Statement of Revenues and Expenditures
One Month Ending October 31 , 2007
October 31 , 2007 October 31 , 2007
Budget Actual
Revenue
HMR Tax Revenue $ 1679909.42 $ 171 ,910.45
Prior Year HMR Tax Revenue 0.00 463.00
Insurance Reimbursement 379. 17 0.00
Other Income 21083.33 0.00
Total Revenue 1703371 .92 172,373.45
General Expenditures
See Schedule 84,251 .64 1459959.22
Minor Equipment 61250.00 245.00
Other Revenues (Expenditures)
Interest Income - Checking 0.00 11970.52
Interest Income - Investments 109000.00 61836.93
• Miscellaneous Revenue 73275. 18 0.00
Bond Payments - Town Center 0.00 (54,935.36)
Arbitrage Expense (375.00) 0.00
Transfers to Other Funds (85,220.06) (72,000.00)
Total Other Revenues (Expenditures) (683319.88) (118, 127.91 )
Excess Revenues Over
Excess Revenues Over (Under) Expenditures $ 11 ,550.40 $ (91 ,958.68)
•
See Accountants' Compilation Report
2
Fayetteville A & P Commission
• Schedule of General Expenditures
One Month Ending October 31 , 2007
Month of Month of
October 31 , 2007 October 31 , 2007
Budget Actual
General Expenditures
Salaries & Wages $ 6,217.84 $ 5,750.84
Pavroll Taxes Expense 500.00 438.58
Insurance and Health Benefits 1 ,041 .67 291 .93
408(P) Company Match 187.50 172.52
Car Allowance 300.00 300.00
Materials and Supplies 0.00 547.25
Siqns 0.00 515.26
Office Expense 83.33 0.00
Publications & Dues 100.00 0.00
Postaqe 1 ,666.67 3,506.58
Water 0.00 212.41
Electricitv 0.00 3,816.93
Rent 6,600.00 0.00
Insurance 208.33 0.00
Professional Services 1 ,350.00 1 ,550.00
Taxes and Licenses 25.00 0.00
Linens 0.00 483.34
• Collection Expense 3,583.33 3,447.47
Bond Pavinq Aqent Fees 166.67 0.00
Convention Development 0.00 500.00
Kamenskv Fountain Maintenance 0.00 327.76
CVB - Office 0.00 2,273.70
Advertisinq and Marketinq 31 ,250.00 34,070.91
Airport Information Booth 433.33 11200.00
Interspace Airport Advertisinq 416.67 0.00
Website Update 833.33 0.00
Siqnaqe - Tourism 833.33 0.00
New Brochures 8,333.33 12,519.50
Travel and Traininq 300.00 164.36
Depreciation Expense 1 ,666.67 1 ,666.67
Special Projects (See Schedule) 189154.64 72,203.21
Total General Expenditures $ 84,251 .64 $ 145,959.22
•
See Accountants' Compilation Report
3
Fayetteville A & P Commission
• Schedule of Special Projects
One Month Ending October 31 , 2007
Month of Month of
October 31 , 2007 October 31 , 2007
Budget Actual
Special Projects
Air Museum $ 416.67 $ 0.00
Town Center Garden Maintenanc 11738.00 0.00
Committee for Mardi Gras 250.00 0.00
Walton Arts Center 833.33 0.00
H. S. Coaches Clinic 11250.00 0.00
Saturday of Champions 333.33 0.00
Holiday Hoops 11333.33 0.00
Joe Martin Stage Race 583.33 0.00
All Star Games 791 .67 0.00
Lights of The Ozarks - 2004 Bud 0.00 15,645.72
DDEP Fine Arts Festival 0.00 17,441 .42
Ozark Valley Triathlon 208.33 0.00
Chile Pepper Cross Country Fest. 0.00 11000.00
• 4th of July Fireworks 1 ,250.00 0.00
Hogs in Bloom - NWA Garden Sh 250.00 0.00
Savor the Flavor 208.33 0.00
Arkansas Hospitality Fund Drive 208.33 0.00
National Rabbit Show 83.33 0.00
NWA Coaches Clinic 583.33 0.00
Ozark Military Museum 416.67 0.00
Real Deal on the Hill 666.67 0.00
Solar Splash 833.33 0.00
Peace Fountain Maintenance 833.33 0.00
CAPPA (Physical Plant Adminst.) 833.33 0.00
DECA Marketing 250.00 0.00
FAYRO Charity Classic 41 .67 0.00
Four State Elite Volleyball Classic 333.33 0.00
Youth Slow Pitch Softball World 625.00 0.00
Botanical Gardens of the Ozarks 0.00 35,866.07
George's 80th arm. 21000.00 1 ,250.00
AR. Statehood 1 ,000.00 11000.00
Total Special Projects $ 18, 154.64 $ 72,203.21
•
See Accountants' Compilation Report
4
Fayetteville A & P Commission
• Statement of Revenues and Expenditures
Ten Months Ending October 31 , 2007
2007
Annual Year to Date 2007 2006
2007 Accumulated Totals Year to Date Year to Date
Budget Budget Actual Actual
Revenue
HMR Tax Revenue $ 2,014,913.00 $ 1 ,679,094.20 $ 1 ,635,364.04 $ 1 ,641 ,392.53
Prior Year HMR Tax Revenue 0.00 - 0.00 19,449.71 33,073.87
Insurance Reimbursement 4,550.00 3,791 .70 1 ,874.00 0.00
Other Income 25.000.00 20 833.30 18.534.31 21 .875.00
Total Revenue 2.044.463.00 1 .703.719.20 1 .675.222.06 1 .696.341 .40
General Expenditures
See Schedule 995.020.10 832.516.40 1 .625.537.93 816.584.52
Capital Outlay
Minor Equipment 75.000.00 62.500.00 29.881 .34 7.173.29
Other Revenues (Expenditures)
Interest Income - Checking 0.00 0.00 15,227.46 0.00
Interest Income - Investments 120,000.00 100,000.00 119,776.30 135,631 .14
• Miscellaneous Revenue 87,302.13 72,751 .80 318.82 0.00
Bond Payments - Town Center 0.00 0.00 (549,353.60) (553,549.90)
Arbitrage Expense (4,500.00) (3,750.00) (3,375.00) (4,500.00)
Transfers to Other Funds (1 .022.640.77) (852.200.60) (295.000.00) (260.000.00)
Total Other Revenues
(Expenditures) (819,838.64) (683.198.80) (712,406.02) (682.418.76)
Excess Revenues Over
(Under) Expenditures $ 154,604.26 $ 125,504.00 $ (692,603.23) $ 190,164.83
•
See Accountants' Compilation Report
5
Fayetteville A & P Commission
Schedule of General Expenditures
Ten Months Ending October 31 , 2007
2007
Annual Year to Date 2007 2006
2007 Accumulated Total Year to Date Year to Date
Budget Budget Actual Actual
General Expenditures
Salaries & Wages $ 74,614.10 $ 62,178.40 $ 57,508.40 $ 55,833.40
Wages and Salaries - Additional 0.00 0.00 8.00 0.00
Payroll Taxes Expense 6,000.00 5,000.00 4,475.80 4,442.88
Insurance and Health Benefits 12,500.00 10,416.70 16,787.56 8,472.12
408(P) Company Match 2,250.00 1 ,875.00 1 ,725.20 1 ,913.33
Car Allowance 3,600.00 3,000.00 3,000.00 3,000.00
Materials and Supplies 0.00 0.00 984.76 72.87
Signs 0.00 0.00 515.26 577.71
Office Expense 1 ,000.00 833.30 166.80 201 .39
Publications & Dues 1 ,200.00 1 ,000.00 1 ,118.50 1 ,371 .95
Postage 20,000.00 16,666.70 13,191 .03 14,233.98
Water 0.00 0.00 212.41 0.00
Electricity 0.00 0.00 9,695.46 0.00
Telephone 0.00 0.00 100.00 0.00
Rent 79,200.00 66,000.00 19,000.00 0.00
Insurance 0.00 0.00 8,045.00 0.00
• Insurance 2,500.00 2,083.30 0.00 2,215.00
Professional Services 16,200.00 13,500.00 15,600.00 27,887.00
Strategic Planning 0.00 0.00 0.00 1 ,495.34
Taxes and Licenses 300.00 250.00 50.00 0.00
Linens 0.00 0.00 483.34 0.00
Collection Expense 43,000.00 35,833.30 33,096.28 33,493.84
Bond Paying Agent Fees 2,000.00 1 ,666.70 0.00 2,000.00
Collection Expense - Prior Year B 0.00 0.00 41 ,275.57 0.00
Convention Development 0.00 0.00 1 ,093.14 0.00
Miscellaneous Expense 0.00 0.00 750.00 0.00
Repairs and Maintenance 0.00 0.00 419.66 6,995.33
Kamensky Fountain Maintenance 0.00 0.00 18,443.41 7,189.91
Kamensky Fountain Maint. - Prior 0.00 0.00 7,189.91 0.00
CVB - Office 0.00 0.00 34,215.43 0.00
Advertising and Marketing 375,000.00 312,500.00 422,563.43 298,489.78
Airport Information Booth 5,200.00 4,333.30 4,800.00 3,600.00
Interspace Airport Advertising 5,000.00 4,166.70 4,305.00 3,593.55
Website Update 10,000.00 8,333.30 32.92 50.00
Signage - Tourism 10,000.00 8,333.30 5,644.24 2,297.16
New Brochures 100,000.00 83,333.30 75,521 .05 90,223.15
Travel and Training 3,600.00 3,000.00 1 ,810.35 2,390.17
Depreciation Expense 20,000.00 16,666.70 16,666.70 16,655.00
Special Projects (See Schedule) 201 ,856.00 171 ,546.40 805,043.32 227,889.66
Total General Expenditures $ 995,020.10 $ 832,516.40 $ 1 ,625,537.93 $ 816,584.52
See Accountants' Compilation Report
6
Fayetteville A & P Commission
• Schedule of Special Projects
Ten Months Ending October 31 , 2007
2007
Annual Year to Date 2007 2006
2007 Accumulated Total Year to Date Year to Date
Budget Budget Actual Actual
Special Projects
Air Museum $ 5,000.00 $ 40166.70 $ 17,500.00 $ 5,000.00
Botanical Garden Society 0.00 0.00 0.00 17,500.00
Town Center Garden Maintenance 20,856.00 17,380.00 5,381 .06 14,583.30
Committee for Mardi Gras 3,000.00 2,500.00 1 ,837.68 1 ,500.00
Walton Arts Center 10,000.00 8,333.30 28,509.34 6,723.76
H. S. Coaches Clinic 15,000.00 12,500.00 15,000.00 15,000.00
Saturday of Champions 4,000.00 3,333.30 4,000.00 3,000.00
State Soccer Championship 0.00 0.00 0.00 1 ,750.00
Holiday Hoops 16,000.00 13,333.30 0.00 10,000.00
Joe Martin Stage Race 7,000.00 5,833.30 7,000.00 7,000.00
All Star Games 9,500.00 7,916.70 9,500.00 9,000.00
Lights of The Ozarks - 2004 Budget Carryover 0.00 0.00 15,728.41 17,757.60
DDEP Fine Arts Festival 0.00 0.00 34,836.12 0.00
Ozark Valley Triathlon 2,500.00 2,083.30 2,500.00 2,000.00
Governor's Conference 0.00 0.00 0.00 -450.00
Chile Pepper Cross Country Fest. 0.00 0.00 1 ,000.00 0.00
• U A Baseball Regionals 0.00 0.00 10,000.00 10,000.00
4th of July Fireworks 15,000.00 12,500.00 0.00 10,000.00
Hogs in Bloom - NWA Garden Show 3,000.00 2,500.00 0.00 0.00
Savor the Flavor 2,500.00 2,083.30 2,500.00 2,500.00
Arkansas Music Pavilion 0.00 0.00 0.00 10,225.00
Fayetteville Downtown Partners 0.00 0.00 0.00 15,000.00
Arkansas Hospitality Fund Drive 2,500.00 2,083.30 2,500.00 2,500.00
National Rabbit Show 1 ,000.00 833.30 10000.00 2,500.00
NWA Coaches Clinic 7,000.00 5,833.30 7,000.00 7,000.00
Ozark Military Museum 5,000.00 4,166.70 5,000.00 5,000.00
Real Deal on the Hill 8,000.00 6,666.70 8,000.00 7,000.00
Texas Trophy Hunters 0.00 0.00 0.00 20,000.00
Walton Arts Center - °Rain° 0.00 0.00 0.00 10,000.00
Fayetteville Public Library 0.00 0.00 0.00 1 ,800.00
Solar Splash 10,000.00 8,333.30 10,000.00 7,000.00
TheatreSquared 0.00 0.00 3,000.00 7,000.00
Peace Fountain Maintenance 10,000.00 8,333.30 0.00 0.00
CAPPA (Physical Plant Adminst.) 10,000.00 8,333.30 0.00 0.00
DECA Marketing 3,000.00 2,500.00 2,052.75 0.00
FAYRO Charity Classic 500.00 416.70 500.00 0.00
Four State Elite Volleyball Classic 4,000.00 3,333.30 4,000.00 0.00
Youth Slow Pitch Softball World Series 7,500.00 6,250.00 0.00 0.00
Botanical Gardens of the Ozarks 0.00 0.00 515,693.55 0.00
Square Gardens 0.00 0.00 46,179.41 0.00
Red White and Bloom 0.00 0.00 15,000.00 0.00
ICLEI 0.00 0.00 8,075.00 0.00
Rabbit Show - Prior Year Balance 0.00 0.00 2,500.00 0.00
Fall Sports Festival (AAO) 12,000.00 12,000.00 12,000.00 0.00
Dickson St. History 5,000.00 5,000.00 5,000.00 0.00
George's 80th arm. 2,000.00 2,000.00 1 ,250.00 0.00
AR. Statehood 1 .000.00 1 .000.00 1 .000.00 0.00
• Total Special Projects $ 201 ,856.00 $ 171 ,546.40 $ 805,043.32 $ 227,889.66
See Accountants' Compilation Report
7
Fayetteville A & P Commission
• Schedule of Special Projects
Ten Months Ending October 31 , 2007
Annual Year to Date 2007 2006
2007 Accumulated Total Year to Date Year to Date
Budget Budget Actual Actual
•
•
See Accountants' Compilation Report
7
Fayetteville Town Center
• Statement of Revenues and Expenditures
One Month Ending October 31 , 2007
October 31 , 2007 October 31 , 2007
Budget Actual
Revenue
Rental Income $ 37,354. 19 $ 33,493.70
Daily Parking 500.00 781 .00
Parking leases 23833.33 0.00
Other Income 291 .67 0.00
Special Projects 958.33 0.00
Refunds (125.00) 0.00
Sales Tax Expense (166.67) (693.00)
Total Revenue 41 ,645.85 33,581 .70
General Expenditures
See Schedule 413909.04 37,864.63
Capital Outlay
• Other Revenues (Expenditures)
Interest Income - Checking 13. 17 123.74
Miscellaneous Revenue 0.00 4,088.00
Total Other Revenues (Expenditures) 13. 17 41211 .74
Excess Revenues Over
Excess Revenues Over (Under) Expenditures $ (250.02) $ (71 . 19)
•
See Accountants' Compilation Report
8
Fayetteville Town Center
• Schedule of General Expenditures
One Month Ending October 31 , 2007
Month of Month of
October 31 , 2007 October 31 , 2007
Budget Actual
General Expenditures
Salaries & Wages $ 16,367.25 $ 13,650. 18
Waqes and Salaries - Additional Expens 0.00 1 ,006.25
Payroll Taxes Expense 1 ,510.35 1 ,261 .80
Insurance and Health Benefits 1 ,294.26 11334.29
408(P) Company Match 430. 17 254.44
Commissions 2,512. 17 2,618.00
Materials and Supplies 250.00 0.00
Office Supplies/Printing 84.58 0.00
Credit Card Discounts 125.00 274.72
Bank Charges 0.00 (49.05)
Postaqe 16.67 0.00
Water 736.67 836.25
Gas 1 ,387.01 56.51
Electricity 5,817.85 0.00
Cable 95.98 84.44
Security 0.00 400.00
Telephone 776.78 732. 18
• Insurance 541 .67 0.00
Taxes and Licenses . 221 .67 0.00
Linens 2,059.08 1 ,833. 14
Miscellaneous Expense 28.33 0.00
Repairs and Maintenance 4,381 .76 10,426.98
Advertisinq and Marketinq 333.33 400.00
Travel and Traininq 313.46 0.00
Depreciation Expense 1 ,666.67 1 ,666.67
Special Projects 958.33 11077.83
Total General Expenditures $ 41 ,909.04 $ 37,864.63
•
See Accountants' Compilation Report
9
Fayetteville Town Center
• Statement of Revenues and Expenditures
Ten Months Ending October 31 t 2007
2007
Annual Year to Date 2007 2006
2007 Accumulated Totals Year to Date Year to Date
Budget Budget Actual Actual
Revenue
Rental Income $ 448,250.29 $ 373,541 .90 $ 322,903.67 $ 357,426.23
Partnership Income 0.00 0.00 400.00 0.00
Daily Parking 6,000.00 5,000.00 6,327.50 5,618.00
Parking Leases 34,000.00 28,333.30 12,648.07 33,713.67
Other Income 3,500.00 2,916.70 315.86 1 ,407.00
Special Projects 11 ,500.00 9,583.30 3,121 .75 8,405.00
Refunds (1 ,500.00) (1 ,250.00) (285.05) (1 ,212.50)
Sales Tax Expense (2,000.00) (1 ,666.70) (2,895.00) (1 ,840.00)
Total Revenue 499.750.29 416.458.50 342.536.80 403,517.40
General Expenditures
See Schedule 502.908.29 419.090.40 363.511 .18 369.489.34
Capital Outlay
• Other Revenues (Expenditures)
Interest Income - Checking 158.00 131 .70 809.57 158.19
Miscellaneous Revenue 0.00 0.00 4.111 .14 0.00
Total Other Revenues
(Expenditures) 158.00 131 .70 4.920.71 158.19
Excess Revenues Over
(Under) Expenditures $ (3,000.00) $ (2,500.20) $ (16,053.67) $ 34,186.25
•
See Accountants' Compilation Report
10
Fayetteville Town Center
• Schedule of General Expenditures
Ten Months Ending October 31 , 2007
2007
Annual Year to Date 2007 2006
2007 Accumulated Total Year to Date Year to Date
Budget Budget Actual Actual
General Expenditures
Salaries & Wages $ 196,407.00 $ 163,672.50 $ 135,397.67 $ 136,170.50
Outside Services 0.00 0.00 120.00 313.13
Wages and Salaries - Additional 0.00 0.00 4,825.25 0.00
Payroll Taxes Expense 18,124.24 15,103.50 12,776.92 12,936.48
Insurance and Health Benefits 15,531 .14 12,942.60 6,533.68 9,072.05
408(P) Company Match 5,162.00 4,301 .70 1 ,844.94 2,089.64
Commissions 30,146.00 25,121 .70 23,852.23 25,859.45
Materials and Supplies 3,000.00 2,500.00 3,837.38 2,683.09
Office Supplies/Printing 1 ,015.00 845.80 507.06 599.20
Credit Card Discounts 1 ,500.00 1 ,250.00 1 ,302.42 1 ,571 .97
Bank Charges 0.00 0.00 60.85 23.00
Office Expense 0.00 0.00 497.13 1 ,257.57
Postage 200.00 166.70 132.00 43.64
Water 8,840.00 7,366.70 6,127.78 5,938.12
Gas 16,644.10 13,870.10 71545.19 11 ,680.63
Electricity 69,814.20 58,178.50 41 ,566.42 51 ,719.58
• Cable 1 ,151 .70 959.80 759.94 831 .72
Security 0.00 0.00 400.00 0.00
Telephone 9,321 .40 71767.80 8,908.95 6,686.77
Long Distance Telephone 0.00 0.00 118.36 331 .21
Insurance 6,500.00 5,416.70 0.00 5,750.00
Taxes and Licenses 2,660.00 2,216.70 1 ,735.00 1 ,535.00
Contract Services 0.00 0.00 1 ,282.00 0.00
Linens 24,708.90 20,590.80 19,279.35 18,557.09
Miscellaneous Expense 340.00 283.30 732.01 40.00
Repairs and Maintenance 52,581 .10 430817.60 58,124.51 41 ,069.76
Advertising and Marketing 4,000.00 3,333.30 1 ,269.00 2,329.35
Other Special Projects 0.00 0.00 0.00 1 ,846.73
Travel and Training 3,761 .51 3,134.60 1 ,201 .32 0.00
Depreciation Expense 20,000.00 16,666.70 16,666.70 16,655.00
Special Projects 11 ,500.00 9.583.30 6.107.12 11 ,898.66
Total General Expenditures $ 502,908.29 $ 419,090.40 $ 363,511 .18 $ 369,489.34
•
See Accountants' Compilation Report
11
Fayetteville Convention and Visitors Bureau
• Statement of Revenues and Expenditures
One Month Ending October 31 , 2007
October 31 , 2007 October 31 , 2007
Budget Actual
Revenue
Gift Shop Sales $ 0.00 $ 11423.67
Bus Tours 83.33 0.00
Partnership Income 625.00 0.00
Travel Hero 416.67 21457.22
Total Revenue 11125.00 31880.89
General Expenditures
See Schedule 253401 .47 259133.79
Capital Outlay
Other Revenues (Expenditures)
Interest Income - Checking 25.00 39.93
Transfers from Other Funds 24,251 .48 0.00
• Total Other Revenues (Expenditures) 243276.48 39.93
Excess Revenues Over
Excess Revenues Over (Under) Expenditures $ 0.01 $ (21 .212.97)
II •
See Accountants' Compilation Report
12
Fayetteville Convention and Visitors Bureau
• Schedule of General Expenditures
One Month Ending October 31 , 2007
Month of Month of
October 31 , 2007 October 31 , 2007
Budget Actual
General Expenditures
Salaries & Wages $ 15,213.75 $ 15,325.01
Pavroll Taxes Expense 1 ,217. 10 1 , 168.35
Insurance and Health Benefits 1 ,332.97 1 ,306.25
408(P) Company Match 456.41 582.58
Materials and Supplies 416.67 0.00
Office Supplies/Printing 208.33 1 , 170.28
Software 625.00 0.00
Update Computers/Added Secretarial Ex 275.00 0.00
Credit Card Discounts 0.00 35.43
Publications & Dues 208.33 0.00
Postage 16.67 0.00
Water 0.00 90.58
Electricity 0.00 392.37
Telephone 600.00 697.30
Rent 0.00 100.00
Taxes and Licenses 39.58 0.00
Convention Development 2,083.33 2,652.52
• Repairs and Maintenance 208.33 0.00
Travel and Traininq 25On.00 1 .613. 19
Total General Expenditures $ 25.401 .47 $ 25. 133.79
See Accountants' Compilation Report
13
Fayetteville Convention and Visitors Bureau
• Statement of Revenues and Expenditures
Ten Months Ending October 31 , 2007
2007
Annual Year to Date 2007 2006
2007 Accumulated Totals Year to Date Year to Date
Budget Budget Actual Actual
Revenue
Rental Income $ 0.00 $ 0.00 $ 1 ,212.50 $ 0.00
Gift Shop Sales 0.00 0.00 1 ,489.22 0.00
Bus Tours 1 ,000.00 833.30 0.00 1 ,173.37
Partnership Income 7,500.00 6,250.00 7,900.00 6,345.42
Special Projects - Sponsorships 0.00 0.00 0.00 210.00
Travel Hero 5,000.00 4,166.70 3,453.85 0.00
Other Income 0.00 0.00 53.11 0.00
Total Revenue 13.500.00 11 .250.00 14.108.68 7.728.79
General Expenditures
See Schedule 304.817.77 254,014.70 255.634.94 182.771 .21
Capital Outlay
Other Revenues (Expenditures)
• Interest Income - Checking 300.00 250.00 720.90 263.87
Transfers from Other Funds 291 ,017.77 242,514.60 200,000.00 240,000.00
Miscellaneous Revenue 0.00 0.00 133.90 0.00
Total Other Revenues
(Expenditures) 291 .317.77 242.764.80 200.854.80 240.263.87
Excess Revenues Over
(Under) Expenditures $ 0.00 $ 0.10 $ (40,671 .46) $ 65,221 .45
•
See Accountants' Compilation Report
14
Fayetteville Convention and Visitors Bureau
• Schedule of General Expenditures
Ten Months Ending October 31 , 2007
2007
Annual Year to Date ' 2007 2006
2007 Accumulated Total Year to Date Year to Date
Budget Budget Actual Actual
General Expenditures
Salaries & Wages $ 182,565.00 $ 152,137.50 $ 141 ,817.51 $ 96,058.23
Payroll Taxes Expense 14,605.20 12,171 .00 11 ,222.34 7,633.56
Insurance and Health Benefits 15,995.62 13,329.70 13,551 .19 11 ,566.44
408(P) Company Match 5,476.95 4,564.10 3,328.60 2,584.93
Materials and Supplies 5,000.00 4,166.70 895.40 702.25
Office Supplies/Printing 2,500.00 2,083.30 6,257.68 1 ,328.39
Software 7,500.00 6,250.00 5,014.52 5,500.00
Update Computers/Added Secret 3,300.00 2,750.00 696.47 1 ,097.00
Credit Card Discounts 0.00 0.00 317.91 1 .75
Bank Charges 0.00 0.00 33.50 0.00
Office Expense 0.00 0.00 0.00 1 ,967.73
Publications & Dues 2,500.00 2,083.30 997.00 2,624.00
Postage 200.00 166.70 0.00 132.00
Water 0.00 0.00 401 .50 0.00
Electricity 0.00 0.00 3,696.07 0.00
Telephone 7,200.00 61000.00 5,422.41 3,632.21
• Rent 0.00 0.00 24,700.00 71752.00
Taxes and Licenses 475.00 395.80 298.33 283.50
Convention Development 25,000.00 20,833.30 14,750.32 13,299.14
Repairs and Maintenance 2,500.00 2,083.30 383.61 0.00
Travel and Training 30,000.00 25,000.00 21 ,650.38 26,134.18
Special Projects 0.00 0.00 0.00 473.90
Total General Expenditures $ 304,817.77 $ 254,014.70 $ 255,634.94 $ 182,771 .21
•
See Accountants' Compilation Report
15
Clinton House Museum
• Statement of Revenues and Expenditures
One Month Ending October 31 , 2007
October 31 , 2007 October 31 , 2007
Budget Actual
Revenue
Admission Revenue $ 625.00 $ 892. 17
Special Events 52.08 0.00
Gift Shop Sales 208.33 683. 12
Sales Tax Expense 50.00 (320.00)
Gross Revenue 935.41 1 ,255.29
Less Cost of Goods Sold 0.00 (312.64)
Total Revenue 835.41 942.65
General Expenditures
See Schedule 4,654.00 3,499.83
Capital Outlay
• Other Revenues (Expenditures)
Interest Income - Checking 6.25 27. 16
Transfers from Other Funds 31808.58 22,000.00
Total Other Revenues (Expenditures) 3,814.83 22,027. 16
Excess Revenues Over
Excess Revenues Over (Under) Expenditures $ (3.76) $ 19,469.98
•
See Accountants' Compilation Report
16
Clinton House Museum
• Schedule of General Expenditures
One Month Ending October 31 , 2007
Month of Month of
October 31 , 2007 October 31 , 2007
Budget Actual
General Expenditures
Salaries & Wages $ 2,625.00 $ 5,000.00
Pavroll Taxes Expense 208.33 (2,308.74)
Insurance and Health Benefits 250.00 260.01
408(P) Company Match 78.75 75.00
Materials and Supplies 83.33 44.04
Credit Card Discounts 20.00 42.20
Water 44.75 35.25
Gas 71 .67 26.42
Electricity 76.50 73.00
Security 25.00 21 .85
Telephone 129.00 125.80
Rent 1 ,000.00 0.00
Maintenance/Lawn Service 0.00 105.00
Other Special Proiects 41 67 n nn
Total General Expenditures $ 4,654.00 $ 3.499.83
•
w
See Accountants' Compilation Report
17
Clinton House Museum
• Statement of Revenues and Expenditures
Ten Months Ending October 31 , 2007
2007
Annual Year to Date 2007 2006
2007 Accumulated Totals Year to Date Year to Date
Budget Budget Actual Actual
Revenue
Admission Revenue $ 7,500.00 $ 6,250.00 $ 5,864.53 $ 3,753.00
Special Events 625.00 520.80 650.00 625.00
Gift Shop Sales 2,500.00 2,063.30 3,954.76 1 ,965.44
Other Income 0.00 0.00 350.00 100.00
Sales Tax Expense (600.00) (500.00) (873.00) -392.00
Gross Revenue 10,025.00 6,354.10 9,946.29 6,051 .44
Less Cost of Goods Sold 0.00 0.00 (1 .903.891 (901 .59)
Total Revenue 10.025.00 8.354.10 8.042.40 5,149.85
General Expenditures
See Schedule 55.848.00 46.540.00 47.187.02 50.551 .67
Capital Outlay
• Other Revenues (Expenditures)
Interest Income - Checking 75.00 62.50 271 .92 77.59
Transfers from Other Funds 45.703.00 38.085.80 45.000.00 20.000.00
Total Other Revenues
(Expenditures) 45,778.00 38.148.30 45,271 .92 20.077.59
Excess Revenues Over
(Under) Expenditures $ (45.00) $ (37.60) $ 6,127.30 $ (25,324.23)
•
See Accountants' Compilation Report
18
Clinton House Museum
• Schedule of General Expenditures
Ten Months Ending October 31 , 2007
2007
Annual Year to Date 2007 2006
2007 Accumulated Total Year to Date Year to Date
Budget Budget Actual Actual
General Expenditures
Salaries & Wages $ 31 ,500.00 $ 26,250.00 $ 24,788.24 $ 24,884.64
Payroll Taxes Expense 21500.00 2,083.30 2,008.90 1 ,993.77
Insurance and Health Benefits 3,000.00 2,500.00 1 ,407.01 2,410.60
408(P) Company Match 945.00 787.50 167.50 225.00
Materials and Supplies 1 ,000.00 833.30 717.75 2,496.34
Credit Card Discounts 240.00 200.00 247.93 73.15
Bank Charges 0.00 0.00 7.00 0.00
Publications & Dues 0.00 0.00 50.00 0.00
Water 537.00 447.50 370.60 407.30
Gas 860.00 716.70 896.87 616.28
Electricity 918.00 765.00 880.57 689.65
Security 300.00 250.00 218.40 218.00
Telephone 1 ,548.00 1 ,290.00 1 ,257.67 1 ,144.20
Rent 12,000.00 10,000.00 12,000.00 12,000.00
Miscellaneous Expense 0.00 0.00 0.00 196.72
Repairs and Maintenance 0.00 0.00 174.40 492.57
• Maintenance/Lawn Service 0.00 0.00 410.00 0.00
Advertising and Marketing 0.00 0.00 0.00 2,701 .45
Other Special Projects 500.00 416.70 1 ,249.56 0.00
Travel and Training 0.00 0.00 314.62 0.00
Total General Expenditures $ 55.848.00 $ 46,540.00 $ 47,187.02 $ 50,551 .67
•
it
See Accountants' Compilation Repon
19