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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 MARCH,2024 and 2023 Attachment"B"
<br /> MARCH MARCH $ %
<br /> Sales 2024 2023 Variance Variance
<br /> Retail-Liquor Sales 2,177,680 21101.616 76,164 3.62%
<br /> Wine/Mixers Sales 1,840 1,978 (138) -6.98%
<br /> Commercial/LBD/Mixed Beverage-Liquor Sales 418,576 481.,898 63,322 -13.14%
<br /> Total Sales 2,598,096 2,585,392 12,704 0.49%
<br /> Less Taxes Based on Gross Sales 603,871 604,793 922 -0.15%
<br /> Net Sales 1,994,225 1,980,599 13,626 0.69%
<br /> Less:Cost of Sales(Inc.breakage7adjsts.) 1,360.825 1,283,495 77,330 6.02%
<br /> Gross Profit 633,400 697,104 63,704) -9.14%
<br /> Payroll&Related Expenses
<br /> Salaries&Wages 252,632 202,613 50,019 24.69%
<br /> Payroll Taxes 22,380 19,766 2,614 13.22%
<br /> Emp Retirement 34,730 28,329 6,401 22.60%
<br /> Health Insurance 47,329 39,478 7,851 19.89%
<br /> Retiree Health Ins 13,513 11,513 2,000 17.37%
<br /> Human Resources 686 895 (209) -23.35%
<br /> NC401k 8,152 7,202 950 13.19%
<br /> Processing fees 841 511 330 64.58%
<br /> Total Payroll&Related 380,263 310,307 69,956 22.54%
<br /> Operating Expenses
<br /> Board Members/Meeting/Travell"fraining 474 707 (233) -32.96%
<br /> Rent 6,678 _4,300 2,378 55.30%
<br /> Lease Amortization 19,627 20,507 (880) .4.29%
<br /> Repairs&Maint. (Bidgs) 4,745 1,241 3,504 282,35%
<br /> Repairs&Maint.(Equip.) 3,599 1,974 1,625 82.32%
<br /> Utilities,Telephone and Internet 9,329 8,724 605 6.93%
<br /> Insurance-Business 8,770 - 6,574 2,196 33.40%
<br /> Store Expenses,Supplies and Bags 14,221 18,694 (4,473) -23.93%
<br /> Travel/Mileage Reimbursement 178 814 (636) 0.00%
<br /> Office/Warehouse Supplies&Expenses 4,626 4,992. (366) -7.33%
<br /> Ext.Maintenance Services 7,896 2,527 5,369 212.47%
<br /> Contract/Service Agreements 9,773 7,611. 2,262 30.12%
<br /> Postage 238 416 (178) -42,79%
<br /> Professional Services 1,775 1,975 (200) -10.13%
<br /> Dues/Licenses/Fees 285 303 (18) -5.94%
<br /> Credit Card Processing/Bank fees 43,646 '.41,516 2,130 5.13%
<br /> Tralning/Education/Meeting 1,613 , 3,036 (1,623) -50.16%
<br /> Burglar Alarm&Security 615 575 40 6.96%
<br /> Vehicle Expense 587 2,211 (1,624) -73.45%
<br /> Uniforms 0.00%
<br /> Interest(Debt Service) 5,132 4,774 358 7.50%
<br /> Interest(Leases) 3,266 3.548 (282) -7.95%
<br /> Cash over/short 8 -176 (168) -95.45%
<br /> Contingencies/Misc. 8 5 3 60.00%
<br /> Total Operating Expenses 146,989 137,100 9,889 7.21
<br /> Total Payroll/Operating Expenses 527,252 447,407 79,845 17.85%
<br /> Income from Operations 106,148 249,697. (143,549) -57.49%
<br /> Other Income
<br /> Investment Income 222 841 (619) -73.60%
<br /> Miscellaneous 100,00%
<br /> Total Other Income 222 841 619 -73.60%
<br /> Net Income Before Distributions 106,370 250,638 (144,168) -57.64%
<br /> Statutory Distributions:
<br /> Law Enforcement(5%) 14,719 14,000 719 6.14%
<br /> Alcohol Rehabilitation&Education(7%) 21,750 21,000 750 3.57%
<br /> Total Statutory Distributions 36,469 $5,000 1,469 4.20%
<br /> Net Income Before Profit Distribution 69,901 215,538 146,637 -67.57%
<br /> Profit Distribution:
<br /> Orange County-General Fund 67,500 58,334 9,166 15,71%
<br /> Net Income(Loss)before depreciation 2,401 167,204 (154,803) -98.47%
<br /> depreciation 40,096 34,726
<br /> (37,695) 122,478 (160,173) -130.78%
<br /> (pmritpercentage) -1.45%
<br /> Year to Date Sales Comparison (current) (current)
<br /> Sales FY 2024 FY2023 Change %
<br /> Retail Liquor 20,003,120 197753,747 249,373 1.26%
<br /> Wine Sales 28,601 28,891 (290) -1.00%
<br /> LBD Sales 3,753,732 3812,477 58,745 -1.54%
<br /> Total Sales 23765,453 23,595,116 190,338 0.81%
<br /> Net Income(YTD) 553,821 1,050 204 496,383 -47.27%
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