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Fort Walton Beach Council agenda — 12-20-05 — reading text
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Sponsorship 5,000.00
Income - Grant 0.00
Income - Rental 80,000.00
OFF PROPERTY SPONSOR INCOME 123,084.00
Total Income 343,064.00
Cost of Goods Sold
Premiums and Awards 10,000.00
Total COGS 10,000.00
Gross Profit 333,084.00
Expense
Advertising - Fair 25, 000.00
Automobile Expense 3,000.00
Barn and Animals 2,000.00
Building Repairs & Maintenance 5,000.00
Contract Labor 1, 000.00
Contributions 1, 500.00
Dues and Subscriptions 1, 500.00
Entertaln~ nt - Fair 25,000.00
Equipment Repairs & Maintenance 3,500.00
Insurance 30,500.00
Licenses and Pennits 500.00
Miscellaneous 2,000.00
Office Expense 0.00
Postage and Delivery 500.00
Prisoners 500.00
Professional Fees
Accounting 5,000.00
Professional Fees - other 0.00
Total Professional Fees 5,000.00
Property Rent 6,300.00
Salaries and Wages 85,000.00
Security 5,000.00
Seminars and Workshops 500.00
Supplies - General
OffIce 5, 000.00
Supplies - General - other 15,000.00
Total Supplies - General 20,000.00
Taxes - Payroll 20,000.00
Telephone - Monthly Service 10,000.00
Tools 500.00
Travel & Entertainment 5,000.00
UtIlities 30,000.00
Total Expense 288, 800.00
Net Ordinary Income 44,284.00
Net Income 44,284.00
Page 1
10: 31 AM Northwest Florida Fair Association
12/31104 Profit & Loss Budget Ys. Actual
Cash Basis January through December 2004
Jan 04 Budget $ Over Budget % of Budget
Ordinary IncomeJExpense
Income
4050 . Conmission Income 0.00
4100 . Income - fair admin 0.00 60,000.00 - 60,000. 00 0. 0%
4110 . Grants 0.00 50,000.00 - 50,000.00 0.0%
4111 . Income - fair booth 0.00 20,000.00 - 20,000.00 0.0%
4120 . Income - fair rides 0.00 50, 000.00 - 50, 000.00 0. 0%
4130 . Income - fair mise 56.60 1, 000.00 - 943.40 5.7%
4160 . Income ..rental 4,262. 50 50,000.00 - 45,737. 50 8.5%
4112 . OFF~ OPERTY SPONSOR INCOME 19,779.00 100, 000.00 - 80,221. 00 19.8%
180 . Income ..fair sponsorship 0.00 5,000.00 - 5,000.00 0. 0%
4300 . Income-inter st 1. 20 1, 000.00 - 998.80 0. 1%
4340 ' lncome-Grant 0.00
4311 . Refunds 0.00
Totallncorne 24,099.30 337,000.00 - 312, 900.70 7. 2%
Cost of Goods Sold
6170 . Equipment Rental 0,00 5, 500.00 - 5,500, 00 0.0%
8171 . Fair Entertairwnent 0.00 25, 000.00 - 25, 000.00 0.0%
8252 . PrmWwn & Awards - 3,621. 20 12,000.00 - 15, 621. 20 - 30.2%
8325 . Security 0.00 5,000.00 - 5,000.00 0. 0%
Total COGS - 3,621. 20 47,500.00 - 51, 121. 20 - 7.6%
Gross Profit 27,720. 50 289,500.00 - 261, 779. 50 9.6%
Expense
8010 . Advertisng-Fair 0.00 20,000.00 - 20,000. 00 0.0%
8110. Automobile Expense 207.13 0.00 207. 13 100.0%
6120 . Bank Service Charges 0.00 100.00 - 100.00 0.0%
8126 . Barn and Animals 799. 17 5,000.00 - 4,200.83 16.0%
8140 . Contributions 0.00 3,000.00 - 3,000.00 0.0%
6180 . Dues and Subscriptions - 140. 00 1, 500. 00 - 1, 640. 00 - 9.3%
8176. Entertainmentf- air 0.00 1, 000,00 - 1, 000. 00 0. 0%
8180 . Insurance 5,535.38 30,000.00 - 24,464.62 18. 5%
8200 . Interest Expense 0.00
8230 . Ucenses and Pennits 0.00 500.00 - 500.00 0.0%
6238 . Milage 0.00 0.00 0.00 0.0%
6240 . Miscellaneous 0.00 100.00 - 100. 00 0.0%
6241 . MUSEUM 0.00 2,000.00 - 2,000.00 0.0%
6210 . Postage and Delivery 37.00 500.00 - 463.00 7.4%
8270. Professional Fees 7,600.00 5,000.00 2,600.00 152.0%
6274. Prisoners 40. 88 2,000. 00 - 1, 959. 12 2.0%
6282 . property Rent 0.00 6,700.00 - 6,700.00 0. 0%
6300 . Repairs & maintenance 0.00 17,500. 00 - 17,500.00 0. 0%
8310 . Equipment Repairs & Maintenance 212.31
6320 . Salaries and Wages 4,770.00 85,000.00 - 80,230.00 5. 6%
8333 . SuppIies-General 415.46 20,000. 00 - 19, 584.54 2. 1%
6337 . LATE FEESllNTERST 0.00
6340 . Telephone 1,427. 26
8341. Taxes-Payroll 0.00 20,000.00 - 20,000.00 0.0%
8350 . Travel \& entertainment 0.00 3,500.00 - 3,500.00 0.0%
8361' Tools 0.00
8390 . Utilities 2,610.72 25,000.00 - 22,389.28 10.4%
8460 . Contract Labor 0.00 3,500.00 - 3,500.00 0.0%
8510 . Office Expense 19. 95 4,000.00 - 3, 980.05 0.5%
8680 . Payroll Expenses 0.00
8672 . TECHBOWL 0.00
Total Expense 23, 535.26 255,900.00 - 232,364.74 9.2%
Net Ordinary Income 4,185. 24 33,600.00 - 29,414.76 12.5%
Income 4, 1U.24 00.00 -
33,& 29,414.78 12.1%