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Orange County Alcoholic Beverage Control Board <br />graph includes Distributions plus Retiree Healthcare Plan Expenses. <br />• Activities to be Accomplished in the Next 18 Months: <br />o Increase efforts to prevent underage purchases. Also, increase efforts to <br />enforce alcohol beverage control statutes and laws especially with adults who <br />enable underage drinkers. <br />o Additional activities as determined by the Board. <br />o Concentrate on real estate issues mentioned above and the need for ABC <br />Capital Improvements: <br />■ As with any small business, the ABC Board requires money to reinvest <br />in the system with new facilities and equipment. <br />■ The ABC Board leases all of its facilities in Chapel Hill which means <br />that retail facilities there could have been purchased over the years <br />with the money spent on leases. <br />■ The last store the ABC Board built was in Carrboro about 1985; it was <br />expanded in 2003. <br />■ A high percentage of the "Income before Distributions" earned since <br />the Board's inception in 1959 has been distributed (over 86 %) as <br />opposed to being reinvested in the system. <br />Attachments: <br />"A" — Comparative Income Statements (Spreadsheet) <br />"B" — Revenue by Category (Graph) <br />"C" — Breakdown of Sales Dollars (Graph) <br />"D" — Breakdown of Gross Profit Dollars (Graph) <br />"E" — Breakdown of Operating Expenses (Graph) <br />'Y' - Distributions (Graph) <br />"G" — Distributions & Retiree Healthcare Plan Expenses — (Graph) <br />Page 6 of 6 pages <br />