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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 JUNE,2024 and 2023 Attachment"B"
<br /> JUNE JUNE $ %
<br /> Sales 2024 2023 Variance Variance
<br /> Retail-Liquor Sales 2,045,043 2,105,638 (60,595) -2.88%
<br /> Wlno/Mixers Sales 187 1,956 (1,769) -90.44%
<br /> CommerclaULBDIMIxed Beverage-Liquor Sales 348,991 382,880 33,889 -8.85%
<br /> Total Sales 2,394,221 2,490,474 (96,253) -3.86%
<br /> Taxes Based on Gross Sales 554,549 677,745 23,196 -4.01%
<br /> Net Sales 1.839,672 1,912,729 73,057 -3.82%
<br /> Cost of Sales line.broakage7ad)sts.) 1,273,499 1,316,863. 43,364 -3.29%
<br /> Gross Profit 566,173 695,866 29,693 -4.98%
<br /> Payroll&Related Expenses
<br /> Salaries&Wages 218,887 193,654 25,233 13.03%
<br /> Payroll Taxes 15,697 13,786 1,911 13.86%
<br /> Emp Retirement 24,427 19,892 4,535 22.80%
<br /> Health Insurance 49,453 43,021 6,432 14.95%
<br /> Retiree Health Ins 13,512 11,513. 1,999 17.36%
<br /> Human Resources 251 1,317 (1,066) -80.94%
<br /> NC 401k 5,339 41921 418 8.49%
<br /> Processing fees 753 689 64 9.29%
<br /> Total Payroll&Related 328,319 288,793 39,526 13.69%
<br /> Operating Expenses
<br /> Board Members/Meetingrruivel/Traming 444 425 19 4.47%
<br /> Rent 4,853 4,300 553 12.86%
<br /> Lease Amortization 19,627 20,507. (880) -4.29%
<br /> Repairs&Malnt. (Bldgs) 8,149 4,477 3,672 82.02%
<br /> Repairs&Malnt.(Equip.) 100 490 (390) -79.59%
<br /> Utilities,Telephone and Internet 6,758 3,382 3,376 99.82%
<br /> Insurance-Business 8,472 7,472 1,000 13.38%
<br /> Store Expenses,Supplies and Bags 12,495 13,862 (1,367) -9.86%
<br /> Travel/Mileage Reimbursement 0.00%
<br /> OficeNVarehouse Supplies&Expenses 1,624 3,883 (2,259) -58.18%
<br /> Ext.Maintenance Services 2,483 2,397 86 3.59%
<br /> ContmcttService Agreements 9,806 7,743 2,063 26,64%
<br /> Postage 264 29. 236 810.34%
<br /> Professional Services 1,775 1,974 (199) -10.08%
<br /> Dues/Licenses/Fees 285 3,903 (3,618) -92.70%
<br /> Credit Card Processing/Bank fees 43,929 43,422 507 1.17%
<br /> Tralning/Education/Meeting 637 (537) -100.00%
<br /> Burglar Alarm&Security 615 575 40 6.96%
<br /> Vehicle Expense 455 1,663 (1,208) -72.64%
<br /> Uniforms 118 (118) -100,00%
<br /> Interest(Debt Service) 5,101 5,410 (309) -5.71%
<br /> Interest(Losses) 3,153 3,438 (285) -8.29%
<br /> Cash over/short 729 (296) 1,025 -346.28%
<br /> ContingenclesiMlsc. 2 25. 23 -92.00%
<br /> Total Operating Expenses 131,119. 129,736 1,383 1.07%
<br /> Total PayrolllOperating Expenses 459,438 418,629 40,909 9.77%
<br /> Income from Operations 406,735 177,337 (70,602) -39.81%
<br /> Other Income
<br /> Investment Income 70 577 (507) -87,87%
<br /> Miscellaneous 0.00%
<br /> Total Other Income 70 677 507 -87.87%
<br /> Net Income Before Distributions 106,805 177,914 (71,109) -39,97%
<br /> Statutory Distributions:
<br /> Law Enforcement(5%) 14,719 14,000 719 5.14%
<br /> Alcohol Rehabilitation&Education(7%) 21,750 21,000 750 3.67%
<br /> Total Statutory Distributions 36,469 35,000 1,469 4.20%
<br /> Net Income Before Profit Distribution 70,336 142,914 72,578 -50.78%
<br /> Profit Distribution:
<br /> Orange County-General Fund 67,600 58,334 9,166 15.71%
<br /> Net Income(Loss)before depreciation 2,836 84,580 1 (81,744) -96.65%
<br /> depreciation(non-budget item) 40,281 44.752
<br /> (37,445) 39,820 (77,273) -194.02%
<br /> (prordpercentage) -1.66% 1.60%
<br /> Year to Date Sales Comparison (current) (current)
<br /> Sales FY 2024 FY 2023 Change %
<br /> Retell Liquor 26,233,349 26,045,623 187,726 0.72%
<br /> Wine Sales 30,698 38,237 (7,539) -19,72%
<br /> LBD Sales 5,047.450 6,125307 77,857 -1.52%
<br /> Total Sales 31,311,497 31,209,16 1102,330 0.33%
<br /> Net Income(YTD) 471,099 1,165,846 714,747 -60.27%
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