Orange County NC Website
Orange County Board of Alcoholic Beverage Control <br /> Comparative Statement of Revenues,Expenses and Changes in Net Position <br /> For the month of October,2022 and 2021 Attachment"B" <br /> October October $ % <br /> Sales 2022 2021 Variance Variance <br /> Retail-Liquor Sales 2,220,463 2,198,091 22,372 1.02% <br /> Wine/Mixers Sales 2,897 3,639 (742) -20.39% <br /> CommerclalfLBDlMlxed Beverage-Liquor Sales 463,542 430.144 33,398 7.76% <br /> Total Grose Sales 2,666,902 2,631,874 55,028 2,09% <br /> Less Taxes Based on Gross Sales 625,978 613,828 12150 1,96% <br /> Net Sales 2,060,924 2,018.0461 42,878 2.12% <br /> Less,Cost of Sales(inc.breakage/adllsts.) 1,400,776 1,359,036 41,740 3.07% <br /> Gross Prollt 690148 659 010 1,138 0.17% <br /> Operating Expenses <br /> Payroll&Related <br /> Salaries&Wages 179.289 199,039 (19,750) -9,92% <br /> Payroll Taxes 13,122 18,652 (5,530) -29,66% <br /> Emp Retirement 18,544 23,892 (5,348) -22.38% <br /> Health Insurance 38,044 31,801 6,243 19.63% <br /> Retiree Health Ins 11,512 9,429 2,O83 22.090A <br /> Human Resources 372 245 127 51.840A <br /> NO 401k 5,414 5,070 344 6.79% <br /> Processing fees 677 704 27 -3.84% <br /> Total Payroll&Related 266,974 288,832 (21,858) -7,57% <br /> Other Operating Expenses <br /> Board Members/MeetinglTravellTraining 494 425 69 16.24% <br /> Rent 4,300 16,716 (12,416) -74.26% <br /> Lease Amodizalion 19,748 - 0.00% <br /> Repairs&MainL (Bldgs) 5,845 917 4,928 637.40% <br /> Repairs&Maint.(Equip.) 3,910 175 3,735 2134.290A <br /> Utilities,Telephone and Internet 11,418 5,929 5,489 92.58% <br /> Insurance-Business 6.409 5,472 937 17A2% <br /> Store Expenses,Supplies and Bags 21,100 10,883 10.217 934B% <br /> Travel/Mileage Reimbursement 0.00% <br /> Office Supplies&Expenses 2.261 1,012 1,249 123.42% <br /> Ext.Maintenance Services 2.034 1,778 258 14.40% <br /> ContracUServiceAgreamenls 7,679 6,502 1,177 18.10% <br /> Postage - - 0.00% <br /> Professional Services(legal/audit) 2,858 2,035 823 40.44% <br /> Dues/SubscdpllonslLicenses 303 302 1 0.33% <br /> Credit Card ProcessinglBank fees 50,523 40,781 9,742 23,89% <br /> TralninglEducatlonlMeeting 200 - 200 100.00% <br /> Burglar Alarm&Security 575 575 - 0.00% <br /> Vehicle Expense 3,451 419 3,032 723.63% <br /> Uniforms - - 0.00% <br /> Interest(Debt Service) 6,001 10,112 (4,111) -40.65% <br /> Interest(Leases) 3,769 - 3,789 100.00% <br /> Cash overlshort 242 (183) 425 -232.24% <br /> Contingencies/Misc. 155 57 98 171,93% <br /> Total Other Oper Expense 152 985 103.793 49,192 47,29% <br /> Total Operating Expenses 419,959, 392 625 27,334 6.96% <br /> Operating Income 240,189 266,385 (26,196) .9,B30A <br /> Other Income <br /> Investment Income 157 220 (63) -28.64% <br /> Miscellaneous 0.00% <br /> Total Other Income 157 220 63 -28.64% <br /> Net Income Before Distributions 240346 266805 (26,259) -0.851A <br /> Statutory Distributions: <br /> Law Enforcement(5%) 14,000 13,833 167 1,21% <br /> Alcohol Rehabilitation&Education(7%) 21,000 19.750 1,250 6.33% <br /> Total Statutory Distributions 35,000 33,583 1,417 4,22% <br /> Net Income Before Profit Distribution 205 346 233,022 (27,876) -11,88% <br /> Profit Distribution: <br /> Orange County-General Fund 56333 44166 14167 32.08% <br /> Net Income(Loss)before depreciation 147 013 188,656 (41,643) -22.161A <br /> Depreafallon(non-budgeted item) 34,411 36,746 <br /> 112,602 152,110 (39,608) -25.97% <br /> Year to Date Sales Comoarison current current <br /> Sales FY 2023 FY 2022 Chan no % <br /> Retail Liquor 8,297,008 8,214,321 82,687 1.011A <br /> Wine Sales 11,508 13,267 (1,759) -13,26% <br /> LBDSales 1,666,371 14$8930 1 207441 14.22% <br /> Total Sales 9 974 887 9 666 618 I 286 369 2.98% <br /> Netincome(M) 1 686714 182840 -31.08°� <br /> 4 <br />