Orange County NC Website
Orange County Alcoholic Beverage Control Board <br /> Comparative Statement of Net Position <br /> As of February 2024 and 2023 <br /> Attachment"A" <br /> Assets <br /> 2024 2023 Vedanta <br /> Cumsm Asa om <br /> Cash&Cash Equivaents <br /> Cash-TOM 1,00,557 946,534', 105,023 <br /> Coah-Roxboro Savings 207,572. 792,170'. (684,608) <br /> Cash-Flret Hot.. 2,734,831 2,604,369'. 230,462 <br /> Cash-Change Banks 18,00 19,130. (1,130) <br /> Total Cash&Cash Equivalents 4,010,960 4,261,203'. (260,243) L.87% <br /> Aarounle Receivable 788'. 2,718 (1,928) <br /> Prepaid Expenses 482,320'. 172,425' 289,895 <br /> Dlsidbumna(prepaid) 101.469 0 101,469 <br /> Security Deposits 20,736 20,736 <br /> Inventory 4,656,808 3,895,020' 761,668 19.55% <br /> Invantsry(bags) 49,831 78,936 (29,105) <br /> Leese Asset 2.112,828 2,053,336'. 58A92 <br /> 7,404,680 6,223,169'. 1,181,491 <br /> Total Cu ust Asame if A16.820. 10,484,372'. 991 FAB <br /> Property&Equipment <br /> Land,Building.&Improvements 13,178,930 10,164,666'. 3,014,071 <br /> Vehl.l.&Equipment 2,203,112 2.014.801'. 188,231 <br /> Total Property&Equipment 151362,048 12;179,748' 3,202.302 <br /> Leas:Accumulated Depredation (4,358,704) (1 (148,436) <br /> Accumulated Lease Amortization (607,824). (377,403)'. (230421) <br /> Net Property&Equipment 1D,416440 7,589:994' 2,825A48 <br /> Other Assets(P...len) <br /> Defamm Outibw Assat(OPEB) (185,678) -242.387:' 66.709 <br /> Pension Defermlei Pension Mast 677,600 343,977- 333,631 <br /> Defend Outflows of Resourosa 264559 201.IN 63,393 <br /> -7746!489 302,768 443,733 <br /> Con.mollon In Progress(Mob... 0 2.756,583 (2,756,683) <br /> Total Other Assets 0 2.766.583. (2,756,583) <br /> TotalAmets 22SA.549 27:498d05'. 1,443,844 <br /> Liabilities and Equity <br /> Current Liabilities <br /> Accounts Payable <br /> Innis 1.427.887 1,079,207'. 348.680 32.31% <br /> Mer 71718'. 100817 (29,101) <br /> 1.499,603. 1,1801W 310579 <br /> Exam Taws 506,885' 541,218I 26,639 <br /> Other Tax.. 146,377 138,426 7,961 <br /> Paymll Liabllifles 101,080 94,8091 6,261 <br /> Payroll Accruals 118,501' 97,530'' 18,971 <br /> Aimed Irrterest(lease) 3,304 24,355: (21,051) <br /> 934.127 896,366'. 37,761 <br /> Omer Ci rmnt Llabllltlae <br /> Net Liberty(OPEe) 445,710 646,056', (100.338) <br /> n Defed Pension Liability 1,413,742 363.4621 1,050,280 <br /> Defend Inflows of Resources;(Pension) 19,721. 549,536 (529,915) <br /> Leese Liability(cund portion) 234.341. 2t0.]84 23,677 <br /> 2d13.522 1.689.918 443,fiO4 <br /> Lang Tenn Liabilities <br /> Note Payable(Firet Hodson) 2;399;663 2,460:001 (50,354) <br /> Long Ten Debt Miustmengeud8or 0 50,4091 <br /> Long Term Debt Adjustment(lease) 164,002 41,334: 112,660 <br /> Lease Liability(long ten potion) 1.422818 1,6S1,555, (15%737) <br /> 3,976,473 4.D22,487'. (46,014) <br /> Distributions <br /> Payable to Lew Enforcement 0 13.600 (18,500) <br /> Payable to Education 0 49,613'. (49,613) <br /> Payable to County 0 116,666 (116886) <br /> m Total CunVLT Liabilities 0 179,779. (179,779) <br /> Equity <br /> Balance Beginning of the year 13.462.308' 12,256768. 1,290640 <br /> Add lnaome(Los.)Year-to-Date N1.516 9281363 (836,847) 36.28% <br /> Balance End ofthe Pared 14.063824 13./85131 868.fi93 <br /> Total Liabilities&Equity 22.677,599 21,iJ3.706' 1.443.844 <br /> 3 <br />