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ANNUAL BUDGET ORDINANCE
<br /> Orange County ABC board
<br /> Orange County,North Carolina
<br /> Fiscal Year 2021-2022
<br /> BE IT ORDAINED by the ABC Board of Orange County,North Carolina,that the following ordinance
<br /> estab4shing revenues and setting expense appropriations Is hereby adopted and effective July 1,2021
<br /> through June 30,2022,
<br /> Sectlon 1,Estimated Revenues
<br /> It Is estimated that the revenues listed below w11I be available during the fiscal year beginning July 1,2021
<br /> and ending June 30,2022 to meet the operational and functional appropriations as set forth in Section 2
<br /> In accordance with the chart of acounts prescribed by the state ABC Commission.
<br /> Estimated Revenues
<br /> Sales: $24,965,715
<br /> Other Income; $1,860
<br /> Total: 24,967,575
<br /> Section 2 Appropriations
<br /> The following expenses are hereby appropriated for fiscal year 2021.2022 and are funded by the revenues
<br /> made available through Section 1,herein.
<br /> Appropriations
<br /> Taxes based on revenue: $5,929,360
<br /> Cost of Sales: $13,169,415
<br /> Operating Expanses Sto s Admin/Office Warehouse Total
<br /> Salaries and Benefits 2,448,320 350,105 18-1,205 2,981,630
<br /> Board Member Expense 7,180 7,180
<br /> Rent 201,425 20L425
<br /> Repairs and Maintenance 53,500 4,000 S7,300
<br /> UtllltlesTelephone/Internet 74,750 8,500 18,200 101,450
<br /> Insurance-Genr;ral and Bonds 41,105 10,000 22,500 73,605
<br /> Store Supplies and Expenses 132,935 20,680 2,000 155,615
<br /> Office Supplies and Expenses 23,035 23,035
<br /> Servlce/Maintenance Contracts 114,495 12,250 5,700 132,445
<br /> Professional Fees(audlt and legal) 20,410 3,000 2,000 25,410
<br /> Credit Card Processfng/bank fees 409,050 950 410,DG0
<br /> vehIcle expenses 2,695 10,785 13,480
<br /> Debt service(I nterest) 124,540 124,54n
<br /> Contingencicls 250 250 Soo
<br /> Total 3,496,240 567,185 244,390 4,307,815
<br /> Debt Service
<br /> Debt Service(principal) 1881865
<br /> Capital outlay
<br /> Capital Expenses_ _ _ 2,350,000
<br /> Total Estimated Capital Ekpendltures 2,538,865
<br /> Total extimated expenses and copltal outlay 6,846,680
<br /> Distributions
<br /> Law Enforcement 166,000
<br /> Alcohol Education and Rehab, 237,000
<br /> 403,000
<br /> Other County/Municipal 530,000
<br /> Total Dlstrlbutlons 933,000
<br /> Working Capital Retained 11,910,880)
<br /> (Appropriated Fund Balance-Unrestricted)
<br /> Total Appropriations 24,967,575
<br /> Section 9
<br /> Copies of this Budget Ordinance shall be furnished to the Orange County Board of
<br /> Commissioners,the state ABC Commisslon,and to the Budget Officer and Finance Officers to be
<br /> kept on file by them for their direction In the disbursements of funds.
<br /> Adopfe the Orange County ARCBoord this SSth day oflune,2021
<br /> Pat B cos,
<br /> Cha(rman,Orange County ABC Board
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