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 September,2022 and 2021 Attachment'B" <br /> September September $ % <br /> Sales 2022 2021 Variance Variance <br /> Retail-Liquor Sales 2,086,513 2,030,737 35,776 1.76% <br /> Wlns/Mlxers Sales 3,068 3,056 12 0.39% <br /> Commerclal/1-13131MIxed Beverage-Liquor Sales 469,801 380,432 89.369 23.49% <br /> Total Gross Sales 2,539,382 2,414.,225 125,157 5.18% <br /> Lass Taxes Based on Gross Sales 573,784 662,290 11.494 2.04% <br /> Net Sales 1,965,598 1,851935 1 113,663 6.14% <br /> Less;Cost of Sales(Inc.breakage/adjsts.) 1,302,949 1,251 370 51,679 4.12% <br /> Gross Profit 662,649 600,565 62,084 10.34% <br /> Operating Expenses <br /> Payroll&Related <br /> Salaries&Wages 182,841 162,926 19,915 12.22% <br /> Payroll Taxes 18,654 12,040 6,614 54.93% <br /> Emp Retirement 26,310 14,374 11,936 83.04% <br /> Health Insurance 33,759 29,941 3,818 12.75% <br /> Retiree Health Ins 11,51.2 9,429 2,083 22.09% <br /> Human Resources 1,486 246 1,241 506.53% <br /> NC 401 k 7,964 3,280 4,684 142.80% <br /> Processing fees 796 681 1 115 16.89% <br /> Total Payroll&Related 283.322 232,916 50.406 21.64% <br /> Other Operating Expenses <br /> Board Members/Meating/Travel/Tralning 465 425 40 9.41% <br /> Rent 4,300 16,716 (12,416) -74,28% <br /> Lease Amortization 19,748 <br /> Repairs&Maim. (Bldgs) 2,179 675 1,504 222.81% <br /> Repairs&Malnt.(Equip.) 729 269 460 171.00% <br /> Utlllttes,Telephone and Internet 6,963 8,835 (1,872) -21.19% <br /> Insurance-Business 6,409 6,472 937 17.12% <br /> Store Expenses,Supplies and Bags 16,599 8,404 8,195 97.51% <br /> Travel)Mileage Reimbursement - - 0.00% <br /> Office Supplies&Expenses 2,736 967 1,769 182.94% <br /> Ext.Maintenance Services 2,034 3,355 (1,321) -39,37% <br /> Contract/Service Agreements 7,679 6,571 1,108 16.86% <br /> Postage 350 29 321 1106.90% <br /> Professional Services(legal/audit) 1.975 1,535 440 28.66% <br /> Dues/Subscriptions/Llcanses 445 302 143 47.35% <br /> Cred It Card Processing/Bank fees 39,259 35,622 3,637 10.21% <br /> Training/EducatloNMeeting 1,084 - 1,084 100.00% <br /> Burglar Alarm&Security 575 575 - 0.00% <br /> Vehicle Expense 1,455 3,055 (1,600) -52.37% <br /> Uniforms 0,00% <br /> Interest(Debt Service) 5,785 9,903 (4,118) -41.58% <br /> Interest(Leases) 3.789 <br /> Cash over/short 452 (61) 513 <br /> Contingencles/Misc, 229 3 226 7533.33% <br /> Total Other Oper Expense 125,239 102,652 22,587 22,00% <br /> Total Operating Expenses 408,661 335,568 72,993 21,75% <br /> Operating Income 254,088 264,997 (10,909) -4.12% <br /> Other Income <br /> Investment Income 155 21.8 (63) -28.90% <br /> Miscellaneous 4,032 4,032 0.00% <br /> Total Other Income 155 4,250 4,095 -96.35% <br /> Net Income Before Distributions 254243 269247 (15,004) -5.57% <br /> Statutory Distributions: <br /> Law Enforcement(5%) 14,000 13,834 166 1.20% <br /> Alcohol Rehabilitation&Educallon(7%) 21,000 19,750 1,250 6.33% <br /> Total Statutory Distributions 35,000 33,684 1,416 4.22% <br /> Net Income Before Profit Distribution 219,243 235,6 (16,420) -6.97% <br /> Profit Distribution: <br /> Orange County-General Fund 58,334 44.166114,168 32.08% <br /> i <br /> Net Income(Loss)before depreciation 160,909 191,497 (30,688) -16.97% <br /> LDepreciation(non-budgeted Item) 32,361 36,661 f <br /> 128,668 154,846 (26,286) -16.98% I <br /> I <br /> i <br /> I <br /> Year to Date Sates Comnarlson current current i <br /> Sates FY 2023 FY 2022 Change % <br /> Retail Liquor 6,075,644 6,016,230 59,314 0.99% <br /> Wine Sales 8,611 9628 (1,017) -10.56% <br /> LBD Sales 1,202,828 1,028:786 174,042 16.92% <br /> Total Sales 7,286,983 7,054,644 1 232,339 3,29% <br /> Net Income(YTD) 298706 436,604 138,298 31.68% <br /> 4 <br />