Orange County NC Website
BUDGETAMENDMENT <br /> ORANGE COUNTY ABC BOARD <br /> BE IT ORDAINED by the Orange County ABC Board that the following amendment be made to <br /> the annual budget ordinance for the fiscal year ending June 30, 2019. <br /> Section 1. To adjust liquor sales, related taxes and cost of goods expenses per revised year- <br /> end projections. <br /> Liquor sales (revenue) 592,775 <br /> LBD sales 62,120 <br /> Wine sales 6,325 <br /> Working capital retained 530,655 <br /> Taxes on liquor sales 128,532 <br /> Cost of Sales (liquor) 186,539 <br /> Working capital retained __ 315070 <br /> 221,910 <br /> Section 2. To revise funds appropriated for payroll-related expenses to reflect increases and <br /> decreases per year-end projections. <br /> Salaries and Wages 59,405 <br /> Retirement 3,140 <br /> Group Health insurance 14,480 <br /> 401k 5,200 <br /> Working capital retained E5,545 -- <br /> 287,455 <br />