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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 November,2023 and 2022 Attachment"B"
<br /> November November $ %
<br /> Sales 2023 2022 Variance Variance
<br /> Retail-Liquor Sales 2,452,017 2,351,666 110,151 4.68%
<br /> Wine/Mixers Sales 3,566 4,206 (620) -14.74%
<br /> Commercial/LBD/Mixed Beverage-Liquor Sales 434,330 412805 21525 5.21%
<br /> Total Sales 2,899,933 2,768,877 131,058 4.73%
<br /> Less Taxes Based on Gross Sales 672,606 641,968 30,538 4,76%
<br /> Net Sales 2,227,427 2,126,909 100,518 4,73%
<br /> Less:Cost of Sales(Inc.breakage7adjsts.) 1,564f130 1.,411,006 153,124 10.85%
<br /> Gross Profit 663,297 715,903. 52,608 -7.35%
<br /> Payroll&Related Expenses
<br /> Salaries&Wages 204,635 194,955 9,680 4.97%
<br /> Payroll Taxes 14,425 13,584 841 6.19%
<br /> Emp Retirement 22,116 19,325 2,791 14,44%
<br /> Health Insurance 39,011 38,285 726 1.90%
<br /> Retiree Health Ins 13,512 15,386 (1,874) -12,18%
<br /> Human Resources 903 1,,904 (1,001) -52.57%
<br /> NC 401k 5,214 5,194 20 0,39%
<br /> Processing fees 752 601 71 10.43%
<br /> Total Payroll&Related 300,568 289,314 11,254 3,89%
<br /> Operating Expenses
<br /> Board Members/MeetinglTravel/Traming 425 350 75 21.43%
<br /> Rent 4,300 4,300 - 0.00%
<br /> Lease Amortization 19,627 20,507 (880) -4.29%
<br /> Repairs&Mainl. (Bldgs) 885 2,268 (1,383) -60,98%
<br /> Repairs&Malnl.(Equip.) 134 102 32 31.37%
<br /> Utilities,Telephone and Internet 8,220 11,880 (3,660) -30.81%
<br /> Insurance-Business 7,044. 6,409 635 9.91%
<br /> Store Expenses,Supplies and Bags 14,579 14,679 (100) -0.68%
<br /> TravellMlleage Reimbursement 9 9 100.00%
<br /> Office/Warehouse Supplies&Expenses 1,341 5,837 (4,496) -77.03%
<br /> Ext.Maintenance Services 2,122 2,034-'- 88 4,33%
<br /> Contract/Service Agreements 9,462 7,679 1,783 23.22°%
<br /> Postage 238 350 (112) -32.00%
<br /> Professional Services 5,589 1,975. 3,594 181.97%
<br /> Dues/Licenses/Fees 281 760 (479) -63.03%
<br /> Credit Card Processing/Bank fees 48,782 45,731 3,051 6.67%
<br /> Tmining/Education/Meeting - - - 0.00%
<br /> Burglar Alarm&Security 575 575 0.00%
<br /> Vehicle Expense 516 1,396 (880) -63.04%
<br /> Uniforms - 564 (564) -100.00%
<br /> Interest(Debt Service) 5,408 (4646) 10,054 -216.40°%
<br /> Interest(Leases) 3,416 3:695 (279) -7.55%
<br /> Cash over/short 93 323 (230) -71.21%
<br /> Contingencies/Misc. 31 31 -100,00%
<br /> Total Operating Expenses 1.33,026 126,799 6227 4.91%
<br /> Total Payroll/Operating Expenses 433,504 416 113. 17,481 4.20%
<br /> Income from Operations 229,703 299,790 (70,087) -23.38%
<br /> Other Income
<br /> Investment Income 405 145 260 179.31%
<br /> Miscellaneous
<br /> Total Other Income 405 145 260 179.31%
<br /> Net Income Before Distributions 230,1081 299,935 (69,827) -23.28%
<br /> Statutory Distributions: -
<br /> Law Enforcement(5%) 14,720 14,000 720 5.14%
<br /> Alcohol Rehabilitation&Education(7%) 21,750 21,000 750 3.57%
<br /> Total Statutory Distributions 36,470 35,001) 1,470 4.20%
<br /> Net Income Before Profit Distribution 193,638 264,935 71 297 -26.91%
<br /> Profit Distribution:
<br /> Orange County-Geneml Fund 68,667 58,333 8,334 1 14.29%
<br /> Net Income(Loss)before depreciation 126,971 206,602 1 (79,631) -38.54%
<br /> depreciation 35,907 33,459
<br /> 91,064 173,143 (62,079) 47.41%
<br /> Year to Date Sales ComoaNson current current
<br /> Sales FY 2024 FY 2023 1 Change %
<br /> Retail Liquor 10,768,358 10,648,874 140,484 1.32%
<br /> Wine Sales 16,014 15,714 300 1.91%
<br /> LBD Sales 2,119,823 2079176 40647 1.95%
<br /> Total Sales 1 12,925,195 12,743.764 181.431 1 1.42%
<br /> Net Income(YTO) 404,041 666,777 164,736 -29.12%
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