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ORANGE COUNTY ABC BOARD <br /> BE IT ORDAINED by the Orange County ABC Board that the following amendment be made to the annual budget <br /> ordinance for the fiscal year ending June 30,2024. <br /> Section 1 To Increase LBD revenues on higher than projected sales volumes <br /> Increase decrease <br /> LED Sales $670000 <br /> Working capital retained(Change in net position) $67,000 <br /> Section 2 To Increase payroll-related expenditures related to increased pay group health insurance and <br /> decreased retiree expenses calculated by actuarial. <br /> Increase decrease <br /> Group Health Insurance $20,000 <br /> Retiree's Group Insurance $7,855 <br /> Working capital retained(Change in net position) $12,145 <br /> Section 3 To adjust operating expenses related to lease capitalization,Increased utility,business insurance and <br /> store expenses and increases related to the Implementation of updated NAV software,online grant approval <br /> system and AEDs/defibrillators. <br /> increase decrease <br /> Rent $14,405 <br /> Lease amortization $10,560 <br /> Utilities $8,550 <br /> Business Insurance $11,625 <br /> Store Expenses $17,500 <br /> Office Expenses $27,000 <br /> Service Agreements $17,275 <br /> Working capital retained(Change in net position) $56,985 <br /> Section 4 To adjust projected capital outlay based on actual expenses. <br /> increase decrease <br /> Delivery truck(warehouse) $130,400 <br /> Racking,fire panel,scanners(warehouse) $3,750 <br /> Replacement windows(office) $4,800 <br /> Monitor,DVR(office) $6,750 <br /> _. Working capital retained(Change in net position) $128,600 <br /> Page 1 of 2 <br />