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ORANGE COUNTY ABC BOARD <br /> i <br /> BE IT ORDAINED by the Orange County ABC Board that the following amendment be made to the annual budget <br /> ordinance for the fiscal year ending June 30,2021, <br /> Section 1 To Increase revenues related to the upturn In retail(store)sales of spirituous liquor,decrease <br /> revenues related to the decline In LBD/commercial sales and increase sales-related expenses(taxes,cast of <br /> goods) <br /> I cn rease decrease <br /> Revenues(retail liquor sales) 5,092,457 <br /> Revenues(LBD/commercial sales) 2,135,542 <br /> Excise/bottle taxes paid on sales 503,545 <br /> Cost of goods 1,568,850 <br /> Working capital retained(Change in net position) 884,250 <br /> Sectio To increase capital expenditures related to the repairs and Improvements at Store#1(Hillsborough), <br /> Store#6(Eno/Durham)and the office(601 Valley Forge Rd.,Hillsborough) <br /> Increase decrease <br /> Capital improvements/repairs 65,000 <br /> Working capital retained(Change in net position) 65,000 <br /> Sects To increase capital expenditures related to the purchase of the lot adjacent to the existing Store#4 <br /> -(Mebane) <br /> Increase decrease <br /> Property purchase 8,500 <br /> Working capital retained(Change In net position) 8,500 <br /> Section 4 To increase capital expenditures related to the purchase,Installation and networking of twelve(12) <br /> replacement computers for the stores and the office/warehouse <br /> increase decrease <br /> Computers/installation 20,000 <br /> Working capital retained(Change in net position) 20,000 <br /> Section 5 To Increase capital expenditures related to the purchase of new racking and forklift for the warehouse <br /> i <br /> i <br />