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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 JANUARY,2024 and 2023 Attachment"B"
<br /> JANUARY JANUARY $ %
<br /> Sales 2024 2023 Variance Variance
<br /> Retell-Liquor Sales 1,845,156 1,776,906 68,250 3,84%
<br /> Wine/Mixers Sales 2,877 2,816 61 2.17%
<br /> Commerclal/LBD/Mixed Beverage-Liquor Sales 372,808 407,317 34,509 .8.47%
<br /> Total Sales 2,220,841 2,187,039 33,802 1.55%
<br /> Less Taxes Based on Gross Sales 517,167 511,749 5,418 1.06%
<br /> Net Sales 1,703,674 1,675290 28,384 1.69%
<br /> Less:Cost of Sales(Inc.breakage/adjsts.) 1,134,995 1,118,682 16,313 1,46%
<br /> Gross Profit 568.679 556,608 12,071 2.17%
<br /> Payroll&Related Expenses
<br /> Salaries&Wages 217,760 232,338 (14,578) -6.27%
<br /> Payroll Taxes 14,955 16,040 (1,085) -6.76%
<br /> Emp Retirement 22,751 21,933 818 3.73%
<br /> Health Insurance 44,088 39,533 4,555 11.52%
<br /> Retiree Health Ins 13,612 11,513 1,999 17.36%
<br /> Human Resources 1,957 1,118 839 75,04%
<br /> NC 401k 5,396 6,035 361 7.17%
<br /> Processing fees 722 529 193 36.48%
<br /> Total Payroll&Related 321,141 328,039 6,898 -2.10%
<br /> Operating Expenses
<br /> Board Members/Meeting/Travel/Training 552 378 174 46.03%
<br /> Rent 4,300 4,300 - 0.00%
<br /> Lease Amortization 19,627 20,507 (880) -4.29%
<br /> Repairs&Maim (Bldgs) 2,147 759 1,388 182.87%
<br /> Repairs&Malnt.(Equip.) 249 708 (459) -64.83%
<br /> Utilities,Telephone and Internet 17,068 12,365 4,703 38.03%
<br /> Insurance-Business 8,549 7,043 1,506 21.38%
<br /> Store Expenses,Supplies and Bags 12,487 11,412 1,076 9.42%
<br /> TravellMlleage Reimbursement - 0.00%
<br /> Office/Warehouse Supplies&Expenses 3,110 1,917 1,193 62.23%
<br /> Ext.Maintenance Services 2,309 1,954 355 18.17%
<br /> Contract/Service Agreements 9,471 7,698 1,773 23.03%
<br /> Postage 241 350 (109) -31.14%
<br /> Professional Services 1,775 1,975 (200) -10.13%
<br /> Dues/Licenses/Fees 285 453 (168) -37.09%
<br /> Credit Card Processing/Bank fees 37,935 36,621 1,414 3.87%
<br /> Training/Education/Mee0ng 1,636 1.,600 36 2.25%
<br /> Burglar Alan&Security 615 575 40 6.96%
<br /> Vehicle Expense 650 2,005 (1,355) -67.58%
<br /> Uniforms - 0.00%
<br /> Interest(Debt Service) 5,183 5,163 20 0.39%
<br /> Interest(Leases) 3,341 3,622 (281) -7.76%
<br /> Cash over/short (281) (3) (278) 9266.67%
<br /> Contingencles/Misc. 99 50 49 98.00%
<br /> Total Operating Expenses 131,348 121,352 9,996 8.24%
<br /> Total Payroll/Operating Expenses 452,489 449,391 3,098 0.69%
<br /> Income from Operations 116,190 107,217 8,973 8.37%
<br /> Other Income
<br /> Investment income 379 857 (478) -55,78%
<br /> Miscellaneous 35 35 100.00
<br /> Total Other Income 414 857 443 -51.69%
<br /> Net Income Before Distributions 116,604 108,074 8,530 7.89%
<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 80,134 73,074 7,060 9.66%
<br /> Profit Distribution:
<br /> Orange County-General Fund 67,500 58,333 9,167 15.7t
<br /> Net Income(Loss)before depreciation 12,634 1Q741 (2,107) -14.29%
<br /> depreciation 36,300 34,691
<br /> (23,666) (19,950) (3,716) 18.63%
<br /> Year to Date Sales Comparison current current
<br /> Sales FY 2024 FY 2023 Change %
<br /> - Retall Liquor 15,814,059 15,760,518 63,641 0.40%
<br /> Wine Sales 24,198 24,512 (314) -1.28%
<br /> LED Sales 2,897,786 2,896,281 1,505 0.05%
<br /> Total Sales 18736,043 18,671,311 64,732 1 0.35%
<br /> Net Income(YTD) 526,189 650,491 324,302 -38.13%
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