Orange County NC Website
ORANGE COUNTY ABC BOARD <br /> ArI Budget for Fiscal Year 21325 <br /> Sales: <br /> Liquor Sales 26,839,820 <br /> Wine/Mixer 34,000 <br /> LBD 4,979,185 <br /> Gross Safes 31,833,005 <br /> Less;Texas on Gross Sales: <br /> Texas 7,401,175 <br /> Net Sales: <br /> 24,431,830 <br /> Lees:Cost of Salsa <br /> Cost of goods sold(mc.Inventory adjustments) 16,457,665 <br /> Gross Profit$ 7,974,165 <br /> Payroll and Related Expenses <br /> Salaries and Wages 2,942,93D <br /> Payrafl Taxes 225,135 <br /> Retirement[13.6496 In 2D25) 345,795 <br /> Group Health Insurance 578,750 <br /> Retiree's Group Insurance(actuarial) 172,000 <br /> Human Resources 25,000 <br /> 401k 70,630 <br /> Processing fees 9 975 <br /> Total payroll related expenses 4,370,215 <br /> Operating Expenses <br /> Board Member/Meeting Expenses/Travel gP00 <br /> Rent 65,DDO <br /> Lease amortiaatlon 245,13110 <br /> Repairs&Maintenance-Slags 42,825 <br /> Repairs&Maintenance-Fqulp. P45DO <br /> Utilities,Telephone,Internet 124,020 <br /> Business Insurance 103,695 <br /> Store Supplies,Bags&Expenses 195,000 <br /> Employee Travel 2�000 <br /> Office Supplies&Expenses 28,5DO <br /> Exterior Maint.SPrrices 32,090 <br /> Service Agreements(Data/HVAC/Grants) 115,000 <br /> Postage 4,200 <br /> Professfonaf Fees(audit and legal) 30,000 <br /> Dues&Subscriptions 4 GW <br /> Credit Card Procassing/bank fees 578,695 <br /> Training and Education(Human Resources) 15,000 <br /> Burglar Alarm and SecurFry 7,500 <br /> Vehicle Expense 20000 <br /> Uniforms 2,800 <br /> Debt Service(interest Fxp) 59,175 <br /> Interest(leases) 41,450 <br /> Cash over/short Soo <br /> Contingencies/Misc. 500 <br /> 1,749,360 <br /> Operating Income 1,854,59D <br /> Other Income <br /> Interest Income 2,500 <br /> Other Income SOD <br /> 3,000 <br /> Net Income Before Distributions 1,857,590 <br /> Statutory Distributions <br /> Law Enforcement 184,000 <br /> Alcohol Rehab&Ed 291,000 <br /> 475.WO <br /> Other Distributions <br /> Orange County General Fund B40,000 <br /> Total Distributions 1,315,000 <br /> Net Income After Ulstrlb's 542,590 <br /> Capital Outlay <br /> Warehouse deliverytruck 130,400 <br /> Security Camera upgrades 25 000 <br /> --- <br /> Debt service(principal) <br /> First Horizon(Mehane) 156,855 <br /> 156,855 <br /> Working Capital Reduction(Appropriated Fund Balance) (312,255) <br /> Working Capital Retained <br /> (Appropriated Fund Balance-Unrestricted) 5426590 <br />