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Orange County Board of Alcoholic Beverage Control
<br /> Compared"Statement of Revenues,Expenses and Changes In Net Position
<br /> For the month of FEBRUARY,2024 and 2023 Attachment"B"
<br /> I FEBRUARY FEBRUARY $ %
<br /> Sales 2024 2023 Variance Variance
<br /> Retall-Liquor Sales 2,011,381 1,901,713 109,668 5.77%
<br /> Wine/Mixers Sales 2,664 2,401 163 6,79%
<br /> CommemlaVLBD/Mixed Beverage-Liquor Sales 437370 434298 3072 0.71%
<br /> Total Sales 2,461,315 2,338,412 112,903 4.83%
<br /> Less Taxes Based on Gross Sales 572,216 646,306 25,910 4.74%
<br /> Net Sales 1879099 1792,106 88993 4.86%
<br /> Less:Cost of Sales(Inc.bmakage/ad/sts.) 1,249,738 1,194811 64,927 4.60%
<br /> Gross Profit 629,361 597,295 32,066 5,37%
<br /> Payroll&Related Expenses
<br /> Salaries&Wages 190,059 185,722 4.337 2.34%
<br /> Payroll Taxes 14,428 13,123 1,305 9.94%
<br /> Emp Retirement 22,439 18,801. 3.638 19.35%
<br /> Health Insurance 46,944 36,401 111643 28.96°%
<br /> Retiree Health Ins 13,612 11,513 1,999 17.36%
<br /> Human Resources 229 494 (265) -53.64%
<br /> NC 401k 6,364 4,872 482 9.B9%
<br /> Processing fees 1,230 1473 243 -16.50%
<br /> Total Payroll&Related 294195 272,399 21,796 8.00%
<br /> Operating Expenses
<br /> Board Members 1Meetingrrraveirrralning 508 500 8 1.60%
<br /> Rent 4,300 4,255 45 1.06%
<br /> Lease Amortization 19,627 20,507 (880) -4.29%
<br /> Repairs&Malnt. (Slogs) 3,478 924 2,654 276.41%
<br /> Repaim&Meint.(Equip.) 1,692 4,227 (2,635) 59.97%
<br /> UgNes,Telephone and Internet 9,436 8,826 610 6.91%
<br /> Insurance-Business 8,649 7,044 1,606 21.37%
<br /> Store Expanses,Supplies and Bags 11,960 10,870 1,090 10.03%
<br /> TmveVMlleage Reimbursement 360 (360) 0.00%
<br /> Office/Warehouse Supplies&Expenses 2,393 140 2,263 150929%
<br /> Ext.Maintenance Services 2,456 1,964 502 25.89%
<br /> Ccntract/Servlce Agreements 9,773 7,,511 2,262 30.12%
<br /> Postage 456 138 317 229.71%
<br /> Professional Services 1,776 2,225 (450) -20.22%
<br /> Dues/Liconses/Fees 285 303 (18) -5.94%
<br /> Credit Card Processing/Bank fees 42.446 38,099 4,347 11.41%
<br /> TralninglEducetionlMeeting 927 1,299 (372) -28.64%
<br /> Burglar Alarm&Security 615 675 40 6.96%
<br /> Vehicle Expense 1,646 669 977 146.04%
<br /> Unlforma - 1,816 (1,816) 0.00%
<br /> Interest(Debt Service) 6,501 4,744 757 16.96%
<br /> Interest(Leases) 3,304 3,586 (281) -7.84%
<br /> Cash over/shod (1,451) (243) (1,208) 497.12%
<br /> Ccntingencies/Misc. 26 75 60 -65.79%
<br /> Total Operating Expenses 129701 120404 8297 7.72%
<br /> Total PayrolllOperaling Expenses 423.896 392,803 31,093 7.92%
<br /> Income from Operations 205,465 204,492 973 0.48%
<br /> Other Income
<br /> Investment Income 215 767 (652) -71.97%
<br /> Miscellaneous 35 35 100.00%
<br /> Total Other Income 2501 767 517 -67.41%
<br /> Net Income Before Distributions 205,715 205,259 456 0.22%
<br /> Statutory Distributions:
<br /> Law Enforcement(5%) 14,719 14,000 719 5.14%
<br /> Alcohol Rehabilitation&Education(7%) 21,750 21,000 750 3.67%
<br /> Total Statutory Distributions 36,469 35,000 1,469 4.20%
<br /> Not Income Before Profit Distribution 109246 170,259 1,013 -0.59%
<br /> Profit Distribution:
<br /> Orange County-Geneml Fund 6750a 58333 9167 15.71%
<br /> Net Income(Loss)before depreciation 101,746 111!926 (10:180) -9.10%
<br /> deprackWn 36,420 34,691
<br /> 65,320 77,235 (11,909)
<br /> (pmr9pementsge) 2.66%
<br /> Year to Data Sales Comparison (curren) (currant)
<br /> sales FY 2024 FY 2023 Change %
<br /> Retall Liquor 17,825,440 17,652,231 173,209 0.98%
<br /> Wine Sales 26,761 26,813 (152) -0.66%
<br /> LED Sales 3335,166 3330,579 4677 0.14%
<br /> Total Sales 21187367 21009723 1 177634 1 0.85%
<br /> Not Income(YTDD) 581618 928363 336,847 -36,28%
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