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W, <br /> May tot 1 999 <br /> Te. Steve Sarkozy <br /> City Manager <br /> Fran. fed Burrell <br /> Finance Director <br /> RE: Awgwal ofTSE CLm A Premises Permit <br /> TSE Inc.has app lied for a renal of heir Class A Premises Permit at 01' Mexico. <br /> low.is the summary of TSE's financial oration for 1 997 and 1999. <br /> -lift <br /> 1997 1998 <br /> previous Year Carry-Over <br /> Total Revenue 143,344 979673 <br /> less Prizes 111,943 <br /> Net Proceeds 31 X401 171.613 <br /> Disbursements <br /> Taxes <br /> Inventory Used 3}436 2a i 70 <br /> Compensation 6,971 35.932 <br /> Amounting too 113 <br /> It 3,000 1,500 <br /> Equipment 2, 9 13 <br /> Bond,lnsur oe 0 0 <br /> Misc.Expatses <br /> Total Expe es 16,744 78,$23 <br /> Profit Eefore Donations 14,656 x,790 <br /> ContributionsWederal Tax 12,071 15053 <br /> Less City 3 777 696 <br /> Less City IORA 795 357 <br /> Approved Stme adjustment <br /> Net Profit(LAM) 2,595 St737 <br /> Bice CarrY-aver Beg.Yr <br /> 13alanee rover End Yr <br /> Comments <br /> t 'ans indicated the presence of and�n�. Staff is therefore, <br /> Neither our�e�l review or a Pal��e msp was initiall licensed for one dear and <br /> r+n�of theTSE Clams A� wit at Ol Mexico. TSE � <br /> re�� � period., The above re�1e .lulu 1997 thra March 1998.0 <br /> one month to rneide with the� s lime <br />