Orange County NC Website
I <br /> Orange County Alcoholic Beverage Control Board <br /> Comparative Statement of Net Position <br /> As of October,2022 and 2021 <br /> Attachment"A" <br /> Assets <br /> 2022 2021 Variance <br /> Current Assets —' <br /> Cash&Dash Equivalents <br /> Cash-Trulsi �d,2t76,362 - "44 64;238; (2,917,874) <br /> Cash-RoxboroSavings82: <br /> Cash-First Horizon '.`_'`1;403;849 c°%r, ;,'--".:.'0; 1,403,849 <br /> Cash-Change Banks :-'=t 7;500` - 5`01)� 1,900 <br /> Total Cash&Cash Equivalents Y'?3;588203 -;�`�+*,.:4Z2,D8:4: - (1,003,881) -34.79% <br /> -= 7=777,777 <br /> Accounts Receivable j31-07,1' ,;:r`,'�%`.,� -2;9fi� 10,265 <br /> Prepaid Expenses 1 33.267J 60,537 <br /> Security Deposits 29,738 28788' (8,030) <br /> Inventory 4491860 3318d89f 1,173,361 35.36°k <br /> Inventory(bags) - 51304 :r:"� 10148? 41.158 <br /> Lease Asset -';_�.2;053;-338r "..4'22Zd02i 830,734 <br /> _13;783;6041 y;'I;65,6;589' 2,108,015 <br /> Total Current Assets '- 10331,8QT -:,�'.•a0;12Z;673: 204,t34 <br /> Properly&Equipment <br /> Land,Bulldfngs&Improvements 14,184 E86i :1,; iq,1d9391 15,475 <br /> Vehicles&Equfpmenl 'i -.,2)008,400i --,':1i3fi3973.+ 142,427 <br /> Total Property&Equipment2flfli - .F112y019 364'. 157,002 1.31% <br /> t <br /> Less;AccumulatedDepreclallon •(3649462); (428,445) <br /> Accumulated Lease Amortization ":1295 3741 295.374) <br /> Net Property&Equipment 985` -''i �E a619102 (563,917) -8.74% <br /> Other Assets(Pension) <br /> Deferred Outflow Asset(OPEB) '-242,387; ":=29317A:' 5D,787 <br /> Pension DeferralslNet PenslonAeset 343;977^ - `-3'2B8',0$t, 05,926 <br /> k.Defected Outflows of Resources 201;168- ,r .`•t ib4232 36,934 <br /> 3D2;756' },y_C:'tr._159�109 143,947 <br /> Construction In Progress(Southern Village) .';`- :-0• {=-;'`-?�-'-� 'a - <br /> Construdlon In Progress(Mebane) _ <br /> "� ti120 47 2,312,494 <br /> d: <br /> Total Other As sets "'- ...-120.:047i 2,312,494 <br /> _- .. <br /> Total Assets -t'.--.2bfl$7iU.8� -� 1.8:7•Or73t: 2,096,368 <br /> Liabilities and Equity <br /> Current Llabilitles <br /> Accounts Payable <br /> Trade . �+- (ti4liU;99.7. 110,716 <br /> Other t.-:(1:tr197.' '.%1^ ', ..:-_ffl 616. 32,679 <br /> 1473.209: :z.:'i 529 8 143,394 9.37% <br /> Excfse Taxes <br /> •5Q9;599, (8,278) -1.36yo <br /> OlherTaxes 1,478 <br /> PayrollLlablllges -- -,:PM1,.Zt)3. I.' 4Z40 (50,465) <br /> Payroll Accruals10 - � :.SU,000! 34,410 <br /> Accrued Interest(lease) 1i^.r-.. 23125 <br /> 863:U40` z'A92778i 868 0.10% <br /> Other Current Liabilities <br /> Net Llablity(OPEB) •r '546,QSti- I' 's'�8305677; (84,621) <br /> Deferred Pension Liablfity '360464 .=i<iij-'939:Z55� (476,293) <br /> Deferred Inflows of Resources(Pension) `"449u638: '''* 91i7; 510,849 <br /> Lease Liability(currant portion) 2QJim.. y 4b2..: 76-668 <br /> -l'84:1874' 25,403 1.61% <br /> Lung Term liabilities <br /> Note Payable(rlrst Horizon) '2,1I1,33.2 - -'::"0' 2,171,332 <br /> Note Payable(Oakdale) - --' a- ''I_88;455: (1,II76,455) <br /> Nola Payable(Trulst) - 0. �84q 251:, (fig0,251) <br /> Long Term DeblAdjuslment(lease) 'r}t,034 - "i94 6341 (153,600) <br /> Lease Liability(long term portion) —.x' 1..656:1383 :._:`-1;0001 - 666,713 <br /> �.;,=`..-3�61is529 •- 3-741-7-90; 127,739 3.41% <br /> Distrlbuffona <br /> Payable toLowEnforcemant "" 1A,i4fi, :'ti.i:(96) 14,292 <br /> Payable la Education 33;192 ,;'.i,;; '-',39;857 (2,465) <br /> Payable to County '- 58:333 i?.; '•;•+;43;417i 14,918 <br /> Total CurrenflLT LiabilitiesZ.OW 28,743 32.26% <br /> Equity <br /> Balance Beginning oftheyear 17266i788 _° 1U;362,i;Be, 1,953.912 <br /> Add Income(Loss)Yeer-to-Date `-406,013i :588714' �182,701) -31-03% <br /> Balance End ofthe Period :•12;662,Za1 „',10i891,570 1,771,211 <br /> Total Liabilities a Equity _ 20,887,089- "}.18;TI0.73i 2,098,358 <br /> 3 <br />