Orange County NC Website
i <br /> Orange County Alcoholic Beverage Control Board <br /> Comparative Statement of Net Position <br /> As of October 2024 and 2023 <br /> Assets <br /> Current Assete 2024 2023 Vadance <br /> Cash-Tmist 301,257 <br /> Cash-Roxboro SBVIngs(closed) 392,264 (302,254) <br /> Cash-Firat Horizon 0 992,264 (392,254) <br /> Cesh-5/3 Bank 1,465;949 2,332,846 (876,697) <br /> Capital Management Trust 1,153,165 0 11153,165 <br /> Cash-Store Chnn9e Reserves 501559 0. 601,659 <br /> Total Cash&Cash Equlvaumb, 1%000 _ 20,761 (2,761) <br /> 3,429,930 3.461.208 (31278) -0.90% <br /> Accounts Recelvi 93fi <br /> Prepaid Expenses 2,505 (1,669) <br /> Distributions(pmeate) 207,508 159:801 47,707 <br /> Security Depoelle 219,167 206.271 12,890 <br /> Inventory 20,736 20,736 <br /> 6,238,970 <br /> Le...ary(et 4.923.265 260,330 5.79% <br /> ]3,828 50,330 <br /> Lease Asset 23;285 <br /> 2172828 2112828 <br /> 7,873,740 7,477,791 396,949 <br /> Total Current Maass 11,003,670 10, 33111, <br /> 384.871 <br /> ' Property&Equipment <br /> Land.Buildings&Improvements 13,182,921 <br /> Vehicles&Equipment 13,131,027 51,894 <br /> Told Property&Equipment - 6689 354 g,179.632 309,722 <br /> 75,872,2]5 76,310,659 309,722 Less:Accumulated Deprecla8on (4,712 641 <br /> no <br /> Axturdeled Lease Amordzabon ! (4'214,251) (498,390) <br /> O64 (629317) (235621) <br /> Net PropedyB Equipment 10,194,796 <br /> 1ge67001 (372295) <br /> Other Assets(Pension) <br /> Defamed Willow Asset(OPEB) (128.969 <br /> Pension DearmlalN6t Pension Asset 724,227 (185,678) 56,709 <br /> Deferred OUMOM of Resources 677,608' 46,619 <br /> 301,637 254;659 _ 47 078 <br /> 896,896 746,489 160,406 <br /> Total Assets 22,305,361 _22,252,579 142,782 <br /> Liabilities and Equity <br /> Current Liabilities 2024 <br /> Accounts Payable 2023 <br /> Trade 1.448,160 : <br /> Other 1,271,668. 176,492 13.88% <br /> 104,447 - 60.667 43 880 <br /> 1,552607 1,332,235 _ 220.372 18.54% <br /> Exclsa Taxes 626950 - <br /> OWedSabs Taxes 606,699 20,051 3.30% <br /> Payroll Lablhhies 163,320 156,318 7,002 4.48% <br /> PaYmll Accruals 63,642 106,011 (22.469) <br /> Accused Interest(lease) 68,911 60,003 (1,092) <br /> soon 3453 (453) <br /> 936,]23 932,684 3.039 0.33% <br /> Other Current Liabilities - <br /> Net Liability(OPEB) 333,847 - <br /> Not Pension Deferral 445,718 (111,877J <br /> Defevad Inflows of Resources Pension 1,681,271 1,413,742 267,629 <br /> Lease Llebllity(currant portion)( ) 18,437 19,721 (1284) <br /> 234276 231858 2,418 <br /> 2,26],831 2:111 039 156,792 <br /> Long Tenn Liabilities - <br /> Note Payable That Horizon) 2.293,059 <br /> Long Tenn Debt Adlustn entlaudilor _ 2;460,38fi (16],32]) <br /> Long Term Debt Adjustment(lease) 156,654 i 0 <br /> Lease LIeblllty(long term Portion) 154,002 2,862 <br /> 1,265,633 1,499,948 1234 316) <br /> 3, 116,646 4,104 338' (388 790) <br /> Distributions <br /> Payable W Law Enforcement 0 <br /> Payable to Education 0 Payable to County - 0 0 - <br /> TotalCurrenb'LTLlabilltles 0 0 _ <br /> 0 g <br /> Equity - <br /> Balance Beginning of the year 13,906,786. <br /> Add Income(Loss)Year-to-Date 13,462,306 442,878 <br /> Enhance End of the Period 18,468 309,977 (291608) -94.04% <br /> 13 923 654 13 772 285 161,369 <br /> Total Liabilities&Equity 22 395 361 22,262,579 142,762 <br /> -y- <br /> 3 <br />