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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 DECEMBER,2023 and 2022 Attachment"B"
<br /> DECEMBER DECEMBER $ %
<br /> Sales 2023 2022 Variance Varlance
<br /> Retail-Liquor Sales 3,179,545 3,324,738 (145,193) -4.37%
<br /> Wine/Mixers Sales 5,307 5,982 (675) -11.28%
<br /> Commerclal/LBDIMixed Beverage-Liquor Sales 405,155 409788 4633 -1.13%
<br /> Total Sales 3,690,007 3,740,608 (150,501) -4.02%
<br /> Less Taxes Based on Gross Sales 824,990 868,147 33,157 -3.86%
<br /> Net Sales 2,765,017 2882361 117344 -4.07%
<br /> Less:Cost of Sales(Inc.breakage/ad)sts.) 1,907,206 1,94i 423'. (34,217) -1.76%
<br /> Gross Profit 857,811 1 940,938 83,127 -8.83%
<br /> Payroll&Related Expenses
<br /> Salaries&Wages 283,773 271,791 11,982 4.41%
<br /> Payroll Taxes 20,554 18,837 1,717 9.12%
<br /> Emp Retirement 31,412 26,722 4,690 17.55%
<br /> Health Insurance 44,958. 32,533' 12,425 38.19%
<br /> Retiree Health Ina 13,512 11,512 2,000 17,37%
<br /> Human Resources $3,224 4,934 1,254'. 3,680 293.46%
<br /> NC 401k 5,265 6,122'. 143 2.79%
<br /> Processing fees 837 800'. 37 4.63%
<br /> Total Payroll&Related 405,245 368,571 35,674 9,95%
<br /> Operating Expenses
<br /> Board Members IMesting/TravelRraining 425 350 75 21.439/6
<br /> Rent 4,300 6,143 (843) -16.39%
<br /> Lease Amortization 19,627 20,607 (880) -4.29%
<br /> Repairs&Maim. Edge) 1,042 1,305'. (263) -20.16%
<br /> Repairs&Mainl(Equip.) 1,379 1;476'. (97) -6.57%
<br /> Utilities,Telephone and Internet 11,295 5,574' 5,721 102.64%
<br /> Insurance-Business 7,622 6,409' 1,213 18.93%
<br /> Store Expenses,Supplies and Bags 21,300 14,690 6,710 45.99%
<br /> Travel/Mileage Reimbursement - 6'. (6) -100,00%
<br /> Office/Warehouse Supplies&Expenses 903 1,024 (121) -11.82%
<br /> Ext.Maintenance Services 2,382 1,,874 508 27.11%
<br /> Contract/Service Agreements 9,588 7,898. 1,690 21.40%
<br /> Postage 371 400 (38) -9.29%
<br /> Professional Services 4,275 3,168. 1,117 35.37%
<br /> DuaslUcensealFees 281 303' (22) -7,26%
<br /> Credit Card Processing/Bank fees 68,823 60,197' 8,626 14.33%
<br /> TreininglEducatlonlMeeting - 122. (122) -100.00%
<br /> Burglar Alarm&Security 735 675 160 27.83%
<br /> Vehicle Expense 2,087 1,388 699 50.36%
<br /> Uniforms - - 0.00%
<br /> Interest(Debt Service) 5,183 4,558 625 13.711.
<br /> Interest(Leases) 3,379 3,658 (279)
<br /> Cash over/shod 170 (4) 174 -4350.00%
<br /> Contingencies/Misc. 44 68 112 -164.71
<br /> Total Operating Expenses 165,123 140,587 24,536 17.45%
<br /> Total PaymillOperating Expenses 570,368 509,158 61,210 12,02%
<br /> Income from Operations 287,443 431,780 (144,337) -33.43%
<br /> Other Income
<br /> Investment income 416 907 (491) -54.13%
<br /> Miscellaneous
<br /> Total Other Income 416 907 491 -54.13%
<br /> Net Income Before Distributions 287,869 432,687 (144,828) -33.47%
<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 35,000 1,470 4,20%
<br /> Net Income Before Profit Distribution 261,389 397687 148296 -36.79%
<br /> Profit Distribution:
<br /> Orange County-General Fund 66,667 58,333 8,334 14,29%
<br /> Net Income(Loss)before depreciation 184,722 339,354 (154,632) -45.57%
<br /> depnrdatlon 35,907 34,691
<br /> 148,816 304,663 (155,848) -51.15%
<br /> Yearto Data Sales Comparison 2155152D2
<br /> current
<br /> sales FY 2023 Change %
<br /> Retail Liquor 13,973,612 (4,709) -0.03%
<br /> Wine Sales 21,696 (375) -1.73%
<br /> LED Sales 2,488,964 36,014 1.45%
<br /> Total Sales 16 484 272 1 30.930 1 0.19%
<br /> Net Income(YTn) 640,858 870,441 320,585 -36.83%
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