|
Orange County Alcoholic Beverage Control Board
<br /> Comparative Statement of Net Position
<br /> As of May 2024 and 2D23
<br /> Attachment A•
<br /> Assets
<br /> 20M 2023 Variance
<br /> Current Assets
<br /> Cash&Cash Equlvalante
<br /> Cash-Twist 820623 681,644. 138,079
<br /> Cash-Roxboro Savings 0 626,4111, (526A11)
<br /> Cash-SM Bank 632767 0 632,767
<br /> Cash-Fimt Horizon " 4195,424 2999146: (603,722)
<br /> Cash-Change Banks 18,000 18000.
<br /> Total Cash&Cash Equhalanls (3866,eu 4.224201ti (357,387) -8A6%
<br /> Accounts Receivable 1.346 1192 t53
<br /> Prepaid Expenses 212,142 i5Q,144! 53,998 34.14%
<br /> Dlsidbutlone(prepald) 103970 k 103,970
<br /> Security Deposits 20736
<br /> Inventory 4,607;827 451A,9$2'. (17,095) 47.3B%
<br /> Inventory bees) 41,123. 60,243. (19,120)
<br /> Lease Asset 2112828 _ 2053336 6Q492
<br /> 6999,971 5,819,573 181,398
<br /> Total Comad Assets 10'868.785 tY04TM (175,969)
<br /> Property&Equipment
<br /> Land,Buildings&Improvements t 13178,937 10,784,865.. 3,074,072
<br /> Vehicles&Equipment is 2431.608 ii17.148: 214.760
<br /> Total Property&Equipment 15610845 12,382,013 3,228,832
<br /> Less:Accumulated 0epmda0on t(4,479,151) (4JY3,151) (156,000)
<br /> Accumulated!Lease AmoNchbon f868704) (A389245 (227780)
<br /> Net Pmperiy&Equipment 16.464,990 -7619938: 2,846.052
<br /> Other Assets(Pension)
<br /> Deferred Ouelew Asset(OPEB) (18%676) 24238]. 66,709
<br /> Pension Deferrals/Net Pension Asset 677,600 "3,�3,92T= 333,631
<br /> w.Deferred Ouffk of Ross... 254558 '201166', 63,383
<br /> 746489 ~756::'. 443,733
<br /> Construction In Pregress(Mebane) 0 _ :308t 88T: (3,081,987)
<br /> Total Other Assets 0 308P9B7". (3,081,9671
<br /> Total Assets -.22,078,264 ,2A04Y,455. 30,809
<br /> Liabilities and Equity
<br /> Current Liabilities 2024 2023
<br /> Accounts Payable
<br /> Trade 963,111 1,551,316: (5B8,207) -37.92%
<br /> Olber 12632 - 130317t (3,6951 _
<br /> 1,089.833 '4,BB7,636. (691,802) -35.19%
<br /> Excise Taxes 60216.81 - - 563219'- 39,462 7.01%
<br /> Other Taxes 154.766 19609,6 (41,328)
<br /> Payroll Llabili6es 192603 1]265T 69.946 53,21%
<br /> Payroll Aamais 89962 85,487'. 24,476 37,37%
<br /> Accrued Interest(lease) 3191 "..24�345' (21,054)
<br /> 1023205 "96C7041 61,501
<br /> Other Current Liabilities
<br /> Net Liability(OPEB) a 4457t8 its 05-8 (100,338)
<br /> Defend Pension Liability 1,413742 363462: 1,060,280
<br /> Defamed Inflows of Resources(Pension) 19,721 549,636' (629,915)
<br /> Lease Liability(whom potion) 236Ul .212,5981 23626
<br /> -42.116402 °5.6717507 443,652
<br /> Long Term Lhellitle. -
<br /> Note Payable(Flint Horizon) 2 380,994 2867,271 (306,307)
<br /> Long Tenn Debt Adjustmentlaudilor - 0 ;69.408 50,408
<br /> Long Tan.Debt Adjustment(lease) 154002 - .47334" 112,888
<br /> Lease Liability(long term portion) ,:1;364895 t524548; (180,154)
<br /> 82,946! (303,385)
<br /> Distribution. "-
<br /> PayabletoLawEnfomemenl 0 13500�: (13,600)
<br /> Payable to Education 0 afi,669 (16,669)
<br /> Payable 0 County 0 "oi76886) (118668)
<br /> Total CubentILT Liabilities 0 _[,146.835- (146,836)
<br /> Equity-__. -
<br /> BalanceBeginningofTheyear 13;462'808 12266,766-° 1,206,640
<br /> Add lnceme(Loss)Yeor-io-Dale bb8.165 .,1.196.otZi (637.862) -65.66%
<br /> Balance End of the Parma i'134970 463 13A02,785f 667.678
<br /> Total Liabilities&Equity 22,078,2B4 &0I7666 30,809
<br /> 3
<br />
|