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 July,2022 and 2021 Attachment"B" <br /> July July S % <br /> Sales 2022 2021 Variance Variance <br /> Retail-Liquor Sales 1,951,835 2,027,119 (75,284) -3.71% <br /> Wine/M xers Sales 2,624 2,957 (333) -11.26% <br /> CommerciallLBD/Mixed Beverage-Liquor Sales 337,523 334,313 3.210 0.96% <br /> Total Gross Sales 2,291,982 2.364,389 (72,407) -3.06% <br /> Less Taxes Based on Gross Sales 531,200 548,041 16.841 -3.07% <br /> Net Sales 1.760.782 1.816,348 55.566 -3.06% <br /> Less:Cost of Sales(inc.breakage/adjsls.) 1,135,609 1,222,882 87,273 -7.14% <br /> Gross Profit 625,173 593,466 31,707 5.34% <br /> Operating Expenses <br /> Payroll&Related <br /> Salaries&Wages 177,562 172,021 5,541 3.22% <br /> Payroll Taxes 12,746 11,097 1,649 14.86% <br /> Emp Retirement 18.101 14,367 3,734 25.99% <br /> Health Insurance 31,169 32,534 (1,365) 4.20% <br /> Retiree Health Ins 11,766 9.420 2,337 24.79% <br /> Health Reimb./Flex/Cobra 266 245 21 8.57% <br /> NC401k 5.370 3,330 2.040 61,27% <br /> Processing fees 633 582 1 51 8.71% <br /> Total Payroll&Related 257.613 243,605 14,008 5.75% <br /> Other Operating Expenses <br /> Board Members/Meetinglfravel/Training 1,301 425 876 206.12% <br /> Rent 18,390 16,716 1,674 10.01% <br /> Repairs&Mainl. (Bldgs) 2,757 6,625 (3,868) -58.39% <br /> Repairs&Mainl.(Equip.) 3,379 946 2,433 257.19% <br /> Utilities,Telephone and Internet 8,531 9,159 (628) -6.86% <br /> Insurance-Business 6,409 5,472 937 17.12% <br /> Store Expenses,Supplies and Bags 14,969 9,228 5.741 62.21% <br /> Travel/Mileage Reimbursement - - 0.00% <br /> Office Supplies&Expenses 3,280 286 2,994 1046.85% <br /> Ext.Maintenance Services 2,100 1,855 245 13.21% <br /> Contract/ServiceAgreements 7,679 6,571 1,108 16.86% <br /> Postage 140 350 (210) -60.00% <br /> Professional Services(legal/audit) 2.917 3.135 (218) -6.95% <br /> Dues/Subscriptions/Licenses 237 761 (524) -68.86% <br /> Credit Card Processing/Bank fees 39,503 35,092 4,411 12.57% <br /> Training/Education/Meeting 118 450 (332) 100.00% <br /> Burglar Alarm&Security 575 575 0.00% <br /> Vehicle Expense 9,173 454 8,719 1920.48% <br /> Uniforms 43 43 0.00% <br /> Interest(Debt Service) 4,281 10.281 (6,000) -58.36% <br /> Cash over/short (144) (14) <br /> Contingencies/Mist. 19 41 22 53.66% <br /> Total Other Oper Expense 125.619 108,326 17,293 15.96% <br /> Total Operating Expenses 383,231 351,931 31,300 8.89% <br /> Operating Income 241,942 241,535 407 0.17% <br /> Other Income <br /> Investment income 166 13 153 1176.92% <br /> Miscellaneous - 0.00% <br /> Total Other Income 166 13 153 1176.92% <br /> Net Income Before Distributions 242108 241548 560 0.23% <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 207,108 207,965 (857) -0.41% <br /> Profit Distribution: <br /> Orange County-General Fund 58,333 44,167 14.166 1 32.07% <br /> Net Income(Loss)before depreciation 148,775 163,798 (15,023) -9,17% <br /> Lease amorlizawn(non-budgeted item) <br /> Deptecialion(non-budgeted item) 36,857 36.651 <br /> 111,918 127.147 (15,229) -11.98% <br /> Year to Date Sales Comparison current current <br /> Sales FY 2022 FY 2021 Change <br /> Retail Liquor 1,951,835 2,027,119 (75,284) -3.71% <br /> Wine Sales 2,624 2,957 (333) -11.26% <br /> LBD Sales 337,523 334,313 3,210 0.96% <br /> Total Sales L2291982 2,364,389 72,407 -3.06% <br /> Net income(YTD) 111 918 127147 15,229 -11.98% <br /> 4 <br />