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ANNUAL BUDGET ORDINANCE
<br /> Orange County ABC Board
<br /> Orange County,North Carolina
<br /> Fiscal Year 2025
<br /> BE IT ORDAINED by the ABC Board 0FOrange County,North Carolina,that the following ordinance
<br /> establishing revenues and setting expense appropriations is hereby adapted and effective July 1,2024
<br /> through June 30,2025.
<br /> Secrlon 1.Estimated Revenues
<br /> It is estimated that the revenues listed below will be available during the fiscal year beginning July 1,2024
<br /> and ending Jura 30,2025 to meetthe operational and functional appropriations as set forth In Section 2
<br /> In accordance with the chart of acounts prescribed by the state ABC Commission.
<br /> Estimated Revenues
<br /> Sales: $31,833,005
<br /> Other fncome: $3,000
<br /> Total: $31,836,005
<br /> Section 1.Appropriation
<br /> The Following expenses are hereby appropriated for fiscal year2024-2025 and are funded by the revenues
<br /> made available through Section 1,hereiri.
<br /> Appropriations
<br /> Taxes based on revenue: $7,401,175
<br /> Cast Of Sales: $16,457,665
<br /> Operating Expenses Store(si AdminlOffice Warehouse Total
<br /> Salaries,Benefits and Related 3,736,535 349,615 284,D65 4,370,215
<br /> Board Expenses 8.000 8,000
<br /> Rent 65,OOD 65,000
<br /> Lease Amorllzatfon 245,000 245,000
<br /> Lease Interest Expense 41,450 41,450
<br /> Repairs and Maintenance 63,325 4,000 67,325
<br /> Service Agreements 10g000 10,000 5,000 115,000
<br /> UtllitiesTelephone/Jnternet 97,320 8,540 19,200 124,020
<br /> Insurance-General and Bonds 71,195 10,000 22,5DD ID3,695
<br /> Store Supplies and Expenses 172,320 2D,680 2,000 195,000
<br /> Security 5,000 1,000 1,500 7,5013
<br /> Employee Travel 500 1,5D0 2 CD0
<br /> Uniforms 2,500 300 2,800
<br /> Training and Education 10,000 2,500 2,500 15,000
<br /> Office Supplies and Expenses 28,500 28,500
<br /> Postage 4,200
<br /> Dues and Subscriptions 4 000
<br /> Service/Maintenance Contracts 14,050 12,250 5,700 32,000
<br /> Professional Fees(audit and legal) 2S,000 3,000 2,000 3D,0DO
<br /> Credit Card Processsng/bank fees 577,145 6W 950 57B,695
<br /> Vehicle expenses- 4,000 26,000 2D,0D0
<br /> Debt service(interest) 59,175 59,175
<br /> Cash over/short SM 500
<br /> Contingencies 250 250 500
<br /> Total 5,227,090 523,570 366,715 6,219,575
<br /> Debt Service
<br /> Debt Service[principal) 156.955
<br /> Capital Outlay
<br /> Capital Expenses 155,400
<br /> AApropiated fund balance(prev.retnfned} 312,2551
<br /> Total estimated capital expenditures/receipts 0
<br /> Total estimated expenses,net capital outlay 6,119,575
<br /> Distributions
<br /> Law Enforcement 184,000
<br /> Alcohol Education and Rehab. 291,000
<br /> 475,000
<br /> Other Caunty/Municipal 8413,000
<br /> Total Distributions 1,315,000
<br /> Working Capital Retained 542,590
<br /> (Appropriated Fund Balance-Unrestricted)
<br /> Total Appropriations 31,836,005
<br /> Section 3
<br /> Copies of this Budget Ordinance shall be furnished to the Orange County Board oi_Commissfoners_„_
<br /> the state ABC Commission,and to the Budget Officer and Flnance Officer to be kept on f8e
<br /> by them for their direction in the disbursements of funds.
<br /> Adopted by the Orange County ABC Board this 18th day of June,2024,
<br /> Pat Burns,
<br /> Chairman,Orange County ABC Board
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