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Orange County Board of Alcoholic Beverage Control
<br /> Comparative Statement of Revenues.Expenses and Changes In Net Position
<br /> For the month of June 2022 and 2021 Attachment"B"
<br /> JUNE JUNE $ %
<br /> Sales 2022 2021 Variance Variance
<br /> Retail-Liquor Sales 1.922,420 1,929,535 (7,115) -0.37%
<br /> Wine/Mixers Sales 2,507 1.938 569 29.36%
<br /> CommerciallLBD/Mixed Beverage-Liquor Sales 405,732 335,743 69.980 20.85%
<br /> Total Gross Sales 2,330,659 2,267,216 63.443 2.80%
<br /> Less Taxes Based on Gross Sales 543,538 625,918 17.620 3.35%
<br /> Net Sales 1,787,121 1,741,298 45,823 2.63%
<br /> Less:Cost of Sales(inc.breakageladists.) 1,196,840 1,178,534 18,306 1.55%
<br /> Gross Profit 590,281 562,784 27,517 4.89%
<br /> Operating Expenses
<br /> Payroll&Related
<br /> Salaries&Wages 162,229 153,735 8,494 5.53%
<br /> Payroll Taxes 11.605 10.659 946 8.88%
<br /> Emp Retirement 14,689 12,412 2,277 18.35%
<br /> Health insurance 32.992 29,108 3,884 13.34%
<br /> Retiree Health Ins 10,851 15,404 (4,453) -28.91%
<br /> YE Portion of State pension exp(per GASB 66) (58,504) 112,405
<br /> OPES liabifJly Adjustment (283.521)
<br /> Health Reimb./Fiex/Cobra 233 206 27 13.11%
<br /> Cash Short(Over) (75) 118 (193) -163.56%
<br /> NC 401k 5,146 3,330 1.816 54.53°%
<br /> Processing fees 601 584 17 2.91%
<br /> Total Payroll&Related (103,654) 337,961 (441.615) -130.67%
<br /> Other Operating Expenses
<br /> Board Members JMeetingri-ravel/Treining 425 425 0.00%
<br /> Rent (138,982) 16,716 (155,698) -931.43%
<br /> Repairs&Maint. (Bldgs) 1,040 (2,452) 3,492 -142.41%
<br /> Repairs&Maint.(Equip.) 9,555 4,117 5,438 132.09%
<br /> Utilities,Telephone and Internet 8,205 5,811 2.394 41,20%
<br /> Insurance-Business 6,409 4.924 1.485 30,16%
<br /> Store Expenses.Supplies and Bags 14,730 13.906 824 5.93%
<br /> Travel/Mileage Reimbursement - - 0.00%
<br /> Office Supplies&Expenses 891 1,577 (686) -43.50%
<br /> Ext.Maintenance Services 3,702 2.436 1,266 51.97%
<br /> Contract/Service Agreements 6,733 7,190 (457) -6.36%
<br /> Postage 655 722 (67) -9.26%
<br /> Professional Services(legallaudit) 4,668 1.535 3,133 204.10%
<br /> Dues/Subscrptions/Licenses 302 302 - 0.00%
<br /> Credit Card Processing/Bank fees 35,874 33,993 1.881 5.53°%
<br /> TraininglEducationlMeeling 844 (844) -100.00%
<br /> Burglar Alarm&Security 575 575 - 0.00°%
<br /> Vehicle Expense 534 266 268 100,75°%
<br /> Uniforms - - - 0,00%
<br /> Interest(Debt Service) 3,618 10,302 (6,684) -64.88%
<br /> Interest(leases) 25,444
<br /> Leese Amortization 154,591 - 154,591
<br /> Contingencies/Mist. 81 66 15 22.73%
<br /> Total Other Oper Expense 138,888 103,123 35,765 34.68%
<br /> Total Operating Expenses 35,234 441,084 405,850 -92.01°%
<br /> Operating Income 555,047 121,680 433,367 356.15%
<br /> Other Income
<br /> Investment income 164 27 137 507.41%
<br /> Miscellaneous 0.00%
<br /> Total Other Income 164 271 137 507.41%
<br /> Net Income Before Distributions 555,211 121,707 433,504 356.19°%
<br /> Statutory Distributions:
<br /> Law Enforcement(5%) 13,833 12,875 958 7.44%
<br /> Alcohol Rehabilitation&Education(7%) 19,750 6 559 13,191 201.11%
<br /> Total Statutory Distributions 33.583 19,434 14,149 72.81°%
<br /> Net Income Before Profit Distribution 521,628 102,273 419.355 410,03%
<br /> Profit Distribution:
<br /> Orange County-General Fund 44,166 33.334 10.832 32.50°%
<br /> Net Income(Loss)before depreciation 477,4fi2 68,939 40B,523 592.58%
<br /> Depreciation(non-budgeted item) 36.557 37,178
<br /> 440.606 31,761 408,844 1287.23%
<br /> Year to Date Sales Comparison current last ear
<br /> Sales FY 2022 FY 2021 Change %
<br /> Retail Liquor 25,433,856 24,871,605 562,251 2.26%
<br /> Wine Sales 41,249 44.816 (3,567) -7.96%
<br /> LBD Sales 4, 775,181 2,241.857 2,333,324 104.08%
<br /> Total Sales 30 050 286 27,158.278 2,892,008 10.65%
<br /> Net Income rfM) 2180 924 1 314 551 866.373 65.91%
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