Orange County NC Website
a <br />Narrative for the Orange County ABC Board's Trial Distribution Plan, October 10, 2007 <br />the fiscal year (probably June), the distribution will be re-computed using actual amounts <br />(actual through May plus June projections). <br />Explanation of Column B: Column B illustrates the near year-end calculation in the case where <br />net income will be more than originally expected (windfall). Given this scenario, the General <br />Fund and the .ABC Board will share the additional funds; however, distributions for law <br />enforcement and education will remain unchanged. <br />Explanation for Column C: Column C illustrates the near year-end calculation in the case <br />where net income will be less than originally expected (shortfall). Given this scenario, the <br />General Fund will only receive the amount originally guaranteed (no additional amount at year- <br />end); whereas, the ABC Board will retain less funds. Also, the law enforcement and education <br />distributions remain unchanged. <br />d <br />Page 2 of 2 page(s) <br />Attachment "B" <br />