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<br /> Orange County Alcohol In Beverage Control Board
<br /> Comparative Statement of Net Position
<br /> As of December 2023 and 2022
<br /> Attachment"A"
<br /> Assets
<br /> Current Assets 2023 2022 Variance
<br /> Cash&Cash Equivalents
<br /> Cash-Trulst 868,837 1,064,432'. (185,69%)
<br /> Cash-Roxboro Savings 344,209 806,712 (462,503)
<br /> CasInFirelhorizon 3,317,673 2,582,945, 754,728
<br /> Cash Change Banks 18,000 17,800. 200
<br /> Total Cash&Cash Equivalents 4,548,719. 4.441,889'. 108.880 2.41%
<br /> Accounts Receivable 788 2,718' (1,928)
<br /> Prepaid Expanses 105,797 170,798. (64,999)
<br /> Distributions(prepald) 0 0:
<br /> Security Deposits 20,736'. 20,736 -
<br /> Inventory 4,907.813 4,023,772 783,841 19.48%
<br /> Inventory(bogs) 64,507 41,425 13.082
<br /> Lease Asset 2'.112,828 2,063,336 59,492
<br /> 7,102,269. 6,312,7811, 789,468
<br /> Total Current Assets 11.650.988 10,]64,870: 896,316
<br /> Property&Equipment
<br /> Land,Buildings&Improvements 13,170.827 10,164,865 3,005,962
<br /> Vehicles&Equipment 24886" 2,014,881'. 173,817
<br /> Total Property&Equipment 15,359,525 12,179,746 3,179.779
<br /> Less:Accumulated Depreciation (4,286,064) (4,142,966)'. (143,098)
<br /> Accumulated Lease Amortization (568,570). (336,389) (232,181)
<br /> Net Property&Equipment 10,504891 7700301 2,804,500
<br /> Other Assets(Pension)
<br /> Waned OutllowAssel(OPEB) (186,676)'. (242,387)'.. 56,709
<br /> Pension Delerralslkhd Pension Asset 677.608 343,977 338,631
<br /> Deferred Outflows of Resources 264.65E 201.166 53 393
<br /> 74 6,489 362756
<br /> Conahuctlon in Progress(Mebane) 0 2,610,950. (2,610,966)
<br /> Total Other Assets 0. �261pg56'., (2,610,956)
<br /> Total Assets 22;902.368 21368,773 1,539,596
<br /> Liabilities and Equity
<br /> Current Llabllities
<br /> Accounts Payable
<br /> Trade 1,330,787. 1,246,636 04,161 0.75%
<br /> Other 135,787 79,286 56,501
<br /> 1,468 574 1.326922'. 140,852
<br /> Excise Taxes 817,809 850,572 (32,763)
<br /> Other Taxes 230,109 240,804' (10.805)
<br /> Payroll Liabilities 121,738 73.401. 48,337
<br /> Payroll Accmals 97,792 81,3671 16,425
<br /> Accrued Interest(Iease) 3,379 24,420 (21,049)
<br /> 1,270,917 1,2]01672' 345
<br /> Other Current Liabilities
<br /> Net Llabllity(OPEB) 445,718 546,056 (100,338)
<br /> Deferred Pension Liability 1,413,742 363,462. 1,050,280
<br /> Deferred Inflows of Resources(Pension) 19,721 54%636 (529,915)
<br /> Lease Llability(current portion) 233,097 200,652 23,545
<br /> 2,112278 1,868706 443,572
<br /> Long Term Liabllltles
<br /> Note Payable(First Hodson) 2.424.973 2;333,804 01,169
<br /> Lang Term Debt Adjustr0enl(lease) 164,002 -9,076. 103,077
<br /> Lease Liability(long term portion) 1,401:460 1.819.285' (157,825)
<br /> 4,040,435: 3.944,014- 90,421
<br /> Distributions
<br /> Payable to Law Enferoement 0 0,00 -
<br /> Payable toEducatlon 0. 38,063.00I (38,083)
<br /> Payable to County 0 0.00
<br /> Total Currenl/LT Liabilities 01 38,063 (38,083)
<br /> Equity
<br /> Balance Beginning of the year 13,462,308 12,256,769 1,205,540
<br /> Add memo(LOSS)Year-le-Date 549,856: 884.7281 (314,872) -38.41%
<br /> Balance End of me Period 14,012,164 13,121.988. 890,668
<br /> Total Liabilities&Equity 22,902,368 21.368,773 1 533,695
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