|
Orange County Alcoholic Beverage Control Board
<br /> Comparative Statement of Not Position
<br /> As of October,2022 and 2021
<br /> Attachment"A"
<br /> Assets
<br /> 2022 2021 Variance
<br /> Current Assets
<br /> Cash&Cash Equivalents
<br /> Cash-Trulsl 1,266,362 4,1.84,23B, (2,917,874)
<br /> Cash-Roxboro savings 880,02 1.,272,2413� (391,756)
<br /> Cash-First Horizon 1,403.849 0• 1,403,849
<br /> Cash-Change Banks 17,600 ,5600 1,000
<br /> Total Cash&Cash Equivalents 3,566,03 5,472,0841 (1,003,881) -34.79%
<br /> Accounts Receivable 13,171 2,9t8' 10,265
<br /> Prepaid Expenaes 133,207 72,670. 80,537
<br /> Security Deposits 20,736 28.766: (8,030)
<br /> Inventory 4,491,850 3.318,489 1,173,261 36.36%
<br /> Inventory(bags) 51,304 10,146. 41,158
<br /> Lasso Asset 2,053,336 1.222,6021 830,734
<br /> 6,763,e04 4,086,589 2.108,016
<br /> Total Current Assets 10,331,807' 10,127,673„ 204,134
<br /> Property&Equipment
<br /> Lind.Bulldings&Improvements 10,164,866' 10,149,391, 15,475
<br /> Vehicles&Equipment 2,008,400 1,863r973 142,427
<br /> Total Property&Equlpmenl 12,171,268 12,0.18,384 157,902 1.31%
<br /> Lass:AccumulaledDepreclallon (4,07§,907) (a,649,462)! (420,446)
<br /> Accumulated Lease Amonizallon 4295,3741: 0 (296W,l)
<br /> Net Property&Equipment 7,799,985 0,363,902: (553,917) -8.74%
<br /> Ofhar Aseete(Pension)
<br /> Deferred OUtflDW Asset(OPEB) -242.387 -293.174 50,787
<br /> Pension DeferralslNel Pension Asset 343,977 208,061 55,926
<br /> Deferred Outflows of Resources 201.165 164232 38,934
<br /> 302.756 159:109 a,6
<br /> Construction In Progress(Southern Village) 0 0 -
<br /> Constructlon In Progress(Mebane) 2,432,541 12� 2,312,494
<br /> Total Other Assets 2,432,541 120,047, 2,312.494
<br /> Total Assets 20,867082 18,770,731� 2,098,358
<br /> Llabllltles and Equity
<br /> Current Liabilities
<br /> Accounts Payable
<br /> Trade 1.581.712 1,450,907 110,715
<br /> Other 111.497 70,818 32,679
<br /> 1,673,209 11529,815l 143,394 9.37%
<br /> Excise Taxes 599,599 607,87T (8,278) A.38%
<br /> Other Taxes 161,629 160,153 1,476
<br /> Payroll Llabllllles 14,283 64,7481 (60,465)
<br /> Payroll Accruals 84,410 50.000' 34,410
<br /> Accrued Interest(lease) 23,725 Di 23,725
<br /> 883,646 882,778, 868 0.10%
<br /> Other Current Liabilities
<br /> Net Liability(OPEB) 546,066 630.677, (64,621)
<br /> Deferred Pension Liability 363,402 839,755' (476,293)
<br /> Deferred Inflows of Rescumes(Pension) 549,636 38,987 610,649
<br /> Leese Llabllily(curreotpordon) 209,120 132,462. 76,668
<br /> 1,088,2 74 1,641,871 26,403 1161%
<br /> Long Term Llabllltles
<br /> Note Payable(First Horizon) 2,171,332 0: 2,171,332
<br /> Note Payable(Oakdale) 0 1,816,455. (1,81(1,465)
<br /> Note Payable(Trulsi) 0 840,251: (640.261)
<br /> Lang Term Debt Adjustment(lease) 41,334 194,934' (153,600)
<br /> Lease Llabllily(long term portion) 1,656,863 1,090,150 660,713
<br /> 3,809,529 3,741,790 127,730 3.41%
<br /> Dlstribuflons
<br /> Payable to Law Enforcement 14,125 (167), 14,292
<br /> Payable to Education 37,182 39,657 (2,406)
<br /> Payable to County 58,333 43,417 14,916
<br /> Total CurrenBLT Liabilities 109,850 82,907 26,743 3226%
<br /> Equity
<br /> Balance Beglnningoflheyear 12,255,76a 10,3D2,856 1,953,912
<br /> Add Income(Loss)Year-to-Data 406,013 598,714� (182,701) -31.03%
<br /> Balance End of the Period 12.02,781 1,771,211
<br /> Total Liabilities A Equity 20,867,088 18,77a,731 2,008,358
<br /> r
<br /> 3
<br />
|