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ORANGE COUNTY ABC BOARD—AGENDA FORM <br /> Meeting Date: January 23,2024 Agenda Item # 5a <br /> Regular Session X <br /> Closed Session <br /> 3. Actual to Budget Comparison for Year-to-Date 2023 (Attachment"C°'): <br /> Projected sales year-to-date($12,925,195)have resulted in a balance of anticipated <br /> revenues of 58.66%,just 0.33% above those budgeted. <br /> With a budgeted balance of 61.10%,payroll expenses though 11/30/2023 <br /> ($1,480,242)were trending approximately 2.77% below those anticipated. <br /> Year-to-date total operating expenses ($690,823)have resulted in a balance of <br /> 58.56%,just 0.23% below those projected. <br /> Total outlay for capital expenses to date ($38,260)remained substantially less than <br /> projected, although funds allocated for the purchase of the warehouse truck, office <br /> windows,grant software etc. are expected to transpire in early 2024. <br /> Action Requested: <br /> 1. Consent Agenda Item. <br /> 2. Review and discuss as needed. <br /> Financial Impact: See Above <br /> Staff Recommendations/Comments: None <br /> Page 2 of 5 pages <br />