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ORANGE COUNTY ABC BOARD —AGENDA FORM <br /> Meeting Date: August 20, 2024 Agenda Item# 7 <br /> Regular Session X <br /> Closed Session <br /> 3. Actual to Budget Comparison FY 2025 (Attachment "C"): <br /> With just one month of the year elapsed, effects on the annual budget are minimal. Although <br /> approximately 91.67% in allocated funds should remain in expense accounts, many of the <br /> accounts exceed that benchmark. Because anticipated costs are annualized, some items <br /> (training, for example) are not expensed equally throughout the year, resulting in balances <br /> different from the expected benchmark. <br /> The annual expense for uniforms (shirts) was greater than expected. Funds allocated <br /> for uniforms will be adjusted mid-year with surplus funds from"Human Resources". <br /> 4. Attachment "D" Comparative Statement of Monthly/Year-to-Date Retail Sales by <br /> Store (Attachment"D"): <br /> While overall retail store sales decreased for the month, three stores -Chapel Hill <br /> North (3) (+0.22%),Meadowmont(5) (+7.50%) and Southern Village (8)(+4.07%)- increased <br /> their sales. Cartboro (7) led all store sales ($305,845), followed by Ram's Plaza(2) with <br /> $302,973. <br /> Although Ram's Plaza's (2) LBD sales ($14,056) decreased -$44,835 (-23.61%), <br /> Carrboro's (7) LBD sales were up $11,193 (15.67%)while Mebane's (4) LBD sales increased <br /> $6,354. Total bottles sold were 83,634, down-3,090 (-3.56%). <br /> 5. NC Statewide Report of Spirituous Liquor Sales (Attachment"E"): <br /> Statewide sales for all boards(173) totaled $159,212,012,with retail sales up 0.08%, <br /> LBD sales up 5.02% and total sales up 1.04%. Of the 29 boards with sales greater than$1 <br /> million, the average total sales increase was 1.72%. Orange County ABC moved up one place <br /> to 17th <br /> The effect of vacation season is reflected in sales increases for coastal and mountain <br /> boards: Currituck County (+14.23%), Craven County(+7.40%),New Hanover(5.21%), Dare <br /> County(+3.69%), Carteret County(+1.08%), Catawba County(+4.32%), Mooresville ABC <br /> (5.15%), Asheville ABC (2.01%) and the new Blue Ridge ABC (100%). <br /> Action Requested: <br /> 1. Consent Agenda Item. <br /> 2. Review and discuss as needed. <br /> Financial Impact: See Above <br /> Staff Recommendations/Comments: None <br /> Page 2 of 7 pages <br />