JACKSON CONVENTION Yuu COMPLEX me MONTHLY REPORT For Period Ending November 30, 2018 SMG Corporate Gregg Caren Kelvin Moore Hope J. Parkin. j Executive Director of Facility Accounting financials@s Distribution List Date Distributed} December 20, 2018 | Executive Vice President, Convention & Exhibition Centers Bob McClintock | Chief Operating Officer, Convention Centers | Regional General Manager, Navy Pier sworid.com GMG> Capitol City Convention Center Commission Judge Fred Banks | Chairman Alan Walters | Finance Committee Chair Mavis James [ Finance Committee Alex Thomas [Finance CommitteeJackson Convention Complex ‘Monthly Financial Reports Table of Contents Period Ending November 30, 2018 Section Financial Statements Monthly Highiights Financial Statements Year-to-Date Highlights Rolling Forecast Balance Sheet Balance Sheet Supporting Schedules Aging Report ‘Monthly Gross Income Statement YTD Gross Income Statement Income Statement Statement of Cash Flows Page 10Jackson Convention Complex Fines Statements Monthy Highs For the Month Erding November 30,2018 Astendance 300 Ty Te ‘Number a Evens " o 3 2 Been Ds 2 a 15 cy Dire er ore nosis . eas, aussi 4.036) ‘Asis Income $6.5 33.605), 5738) 9462) “Tosa Event nee 69.300 sa som) 52798 (Other Operating Income 1.0 150 {0 S167 Adjusted Gossloome 2,300 toes7 63m 37965 Tndiest Expenes 20.369 67.59 19.993 68.361) Net toeon (Less From Operations 66 50.285) ss79) 180395) 4032 EXECUTIVE SUMMARY MONTH ENDING NOVEMBER 20, 2018 NET INCOME + Netincome is $126,579) loss than budget due to Adjusted Gross Income $(36,572] ess than budget and indivect expense savings of $19,993. ADJUSTED GROSS INCOME] 35,572) + Taree budgeted events di not retorn this year: 5 Hinds County HRA Training Meeting attend] 400; Gross Rev}$10,700 “Hinds County HRA Anprecition Banauet~attend 400; Goss Revi$10, 250 - National Socety of ack Engineers Convention - attend 1,350; Gross Rev[S31,785 ‘These evens were replaced wit lower yielding reverue events + Higher Direct Event expenses resulting from lower revenue {INDIRECT EXPENSES|$19,993. + Variance due to savings in wages, payroll taxes and benefits due to vacances raaoapik at 02 PM An SMG Morag Fai