Orange County NC Website
Orange County ABC Board <br /> Actual to Budget Comparison <br /> for the frscof year ending 0613012022 Attachment"C" <br /> JUNE YfO 2022 Balance % <br /> Sales 2022 Budget Remalning Remaining <br /> Licl—Sales 1.922.420 25,433,858 25,479,565 45,707 OAS% <br /> Wine/Mixer 2.507 41,249 41,310 61 0.15% <br /> LBO 405.732 4,575,19 4,55S,550 19,6301 -0.43% <br /> Gross Sales, 2.330.659 30,050,287 30,076,425 26,132 0.09% <br /> Taxes based on gross sales 543,538 6,985 060 6,991,600 6$40 0.09% <br /> Net Sales 1.787..121 231065,227 23,054,625 19,59ti 0.08% <br /> Cost of sales fIdurl uwmtny eelustme l 1,189,840 1 15,494,993 15,472,21D 1 (12,783) -0.05% <br /> Gross Profit 590,281 7,580,234 7,612,6151 32,381 OAS% <br /> Operating Expenses arnchmarx <br /> Pey,Wl end Ralatad Expenses <br /> Salaries and Wages 182,220 2,076,384 2,104,120 27,736 1.32% <br /> Payroll Taxes 11,605 158,641 155,705 (2,9361 -1.89% <br /> Retirement 14,689 201,165 202,200 1,035 O.S1% <br /> Group Health Insurance 32,992 393,337 384,245 909 0.24% <br /> Retiree Health ins 10,951 131,035 12S,000 (6,035) -4A3% <br /> YE Portion of Slate pension exp(per LASS 69) (58,504) (511,504) <br /> OPES tiabddy Adjus7menl (283,521) (283,521) <br /> Health Reimb./Flex 233 5,212 5,600 389 8.03% <br /> Cash over/short (75) (600) 750 1,350 180.00% <br /> 401k 5,148 48,081 48,435 354 0.13% <br /> Processing fees 801 8008 7,945 63 •0.80% <br /> 70181 payroll related expenses 103,654) 2,669 238 3,034,000 364,762 12.02% <br /> Orhn Operating Expenses <br /> Board MembeislMeeting(havelfftaining 426 5,100, S,100 (1) <br /> Rent 1138.932) 52,802 208,575 155,773 74.68% <br /> Repairs&Maintenance-Bldgs 1,D40 45,920 45,920 60 0.13% <br /> Repairs&Maintenance-Equip. 0.555 23,246 14,290 (9,957) 42.68% <br /> Utilities,Telephone,Internet 8,206 93,228 91,925 (2,3031 -1.42% <br /> Business insurance e,409 71,808 71,810 2 0.00% <br /> Store Supplies,Bagsand Expenses 14,730 147,22.5 145,000 (2,225) -1.53% <br /> Employee Travel 29 30 1 3.13% <br /> Office Supplies&Expenses 801 16,125 14,400 (1,725) -11,98% <br /> Maintenance Services 3,702 25,7D6 24,440 (1,266) .5.18% <br /> Service Agreements(Data/HVAC) 8.733 76,138 76,140 2 OM51i <br /> Postage 655 3,676 3,745 69 1.84% <br /> Professional Fees(office)(audit and legal) 4.688 38,050 37,785 (266) -0.70% <br /> Dues&Subscriptions 302 4,852 4,855 3 0.07% <br /> Credit Card Processing 36.874 460,003 460,450 447 0.10% <br /> Training and Education 614 61S 1 0.16% <br /> Burglar Alarm and Security 575 6,900 7,325 425 5.80% <br /> Vehicle Expense 534 20,190 20,920 730 3A9% <br /> Uniforms 2,699 3,000 301 10.03% <br /> Debtservice(interest expense) 3,618 87,728 97,220 (508) -0.55% <br /> Interest(teases) 25,444 ZS,444 <br /> Lease Amcrllzatinn 154.521 154,591 <br /> Contingencies/Mist 1 256 SOD 756 1 151,20% <br /> Total operafing expenses 138,838 1361818 1,324,105 37713 .2,85% <br /> Total OperatinglPeyroll Expenses 35.234 4.031.058 4,358,105 327.044 1 7.50% <br /> Operating Income 555.047 3,649,178 3,254,610 (294,669) -9.05% <br /> Other Income <br /> Interest income 184 1,990 1,300 (690) -53.08% <br /> Miscellaneous 4,087 580 3,507 -428.25% <br /> Total Other Income 164 6,057 1.380 (4,197) -225.65% <br /> Net Income Before ProTil Distributions: 555,211 3,655.235 3.256,370 (298,866) -9.18% <br /> Statutory Distributions <br /> Lew Enforcement 13,833 teS,99B 168,000 1 0,00% <br /> Alcohol Rehab 8 Ed 10.750 237.000 237,000 0,00% <br /> Total Statutory Distributions 33.583 02,699 403.000 1 0.00% <br /> Net Income Before Profit Distribution 521,628 3,152,236 2.853.370 298,86 <br /> Profit Distribution <br /> Orange County-Gen Fund 44166 530,002 530.000 2 0.00% <br /> Working Capital Recalned": 477,482 2822,234 2,323,370 298.865 -12-BO% <br /> OspsdaWnrnm-eetlgeletlrtem) M-OU g9L319 436.975 <br /> 440.016 2,IM,924 <br /> Capital Outlay Month YTD Budget 8.44etnelre1n1ng <br /> Store d4(M,,15—) <br /> Replacement store(Mebane) 5,415 1.163.480 1,672,540 509,360 30.45% <br /> Store#815ourhern 011a0e) <br /> Security deposit 0 8,030 8.030 0,00% <br /> Leasehold Improvements 0 10,574 10,575 1 0.01% <br /> Furniture,fixtures and equipment(FFE) 0 14,882 14.665 3 0.02% <br /> Comfort Engineers(new HVAC) 0 11.337 11,340 3 0.03% <br /> ClearTech(Intercom/music system) 0 3,752 3.755 3 0.08% <br /> Debt Service lorincioall <br /> RS8(Oakdale)(principal) 0 1,980.498 105,183 (),RSS,3151 -1763.89% <br /> BB&T(prindpal) 7300 W.358 93,882 (2,6741 -3.20 <br /> 7,300 2,046,854 188.865 (1,857,989) _983.77% <br /> 12.7161 7267,298 L861,705 1 (405,593) Q1.79% <br /> 5 <br />