Orange County NC Website
Orange County Board of Alcoholic Beverage Control <br /> Comparative Statement of Revenues,Expenses and Changes in Net Position <br /> For the month of JULY,2024 and 2023 Attachment"S" <br /> JULY JULY $ % <br /> Sales 2024 2023 Variance Variance <br /> Retall-Liquor Sales 1,909,497 1,961,761 (52,264) -2.66% <br /> Wine/Mixers Sales 97 2,620 (2,523) -96.30% <br /> CommerclaVLBD/Mixed Beverage-Liquor Sales 306,394 333,666 27,262 -8.17% <br /> Total Sales 2,215,988 2,298,037 (82,049) -3.57% <br /> Taxes Based on Gross Sales 512,764 532,126. 19,362 -3.64% <br /> Net Sales 1,703,224 1,765,911 62.887 -3.55% <br /> Cost of Sales(Inc.hreakageladjsts.) 1,172,741 1,186,068 13,327 -1.12% <br /> Gross Profit 530,483 1 67%B43 49,360 -8.51 <br /> Payroll&Related Expenses <br /> Salaries&Wages 218,225 161.,589 56,636 35.05% <br /> Payroll Taxes 15,586 13,666 2,020 14.89% <br /> Emp Retirement 25,346 20,687 4,659 22.52% <br /> Health Insurance 48,673 46,472 2,201 4.74% <br /> Retiree Health Ins 13,512 13,512 0.00% <br /> Human Resources 1,246 473 773 163.42% <br /> N0401k 5,399 4,846 553 11.41% <br /> Processing fees 891 703 188 26.74% <br /> Total Payroll&Related 328,878 261,848 67,030 25.60°% <br /> Operating Expenses <br /> Board Members/Meetinglfmvel/Training 825 504 321 63.69% <br /> Rent 4,300 9,926 (5,626) -56.68% <br /> Lease Amortization 19,627 19,627 0,00% <br /> Repairs&Maint. (Bldgs) 6,229 4,876 1,353 27.75% <br /> Repairs&Malnt.(Equip.) 735 1,677 (942) -56.17% <br /> Utilities,Telephone and Internet 9,704 8,403 1,301 15.48% <br /> Insurance-Buslness 8,472 7,081 1,391 19.64% <br /> Store Expenses,Supplies and Bags 12,378 15,317 (2,939) -19.19% <br /> TraveVMlleage Reimbursement 35 - 35 0.00% <br /> OfOceA'Varehouse Supplies&Expenses 1,851 1,797 54 3.01% <br /> Ext.Maintenance Services 2,228 2,212 16 0.72% <br /> Commal/Servlce Agreements 9,821 9,140 681 7.45% <br /> Postage 288 350 (62) -17,71% <br /> Professional Services 1,835 21000 (165) -8,25% <br /> Dues/Licenses/Fees 414 166 24B 149.40% <br /> Credit Card ProcessinglBank fees 37,947 41,217 (3,270) -7.93% <br /> TralninglEducalion/Meeting 3,931 49 3.882 7922.45% <br /> Burglar Alarm&Security 615 675 40 6.96% <br /> Vehicle Expense 724 526 198 37.64% <br /> Uniforms 4,950 311 4,639 1491.64% <br /> Interest(Debt Service) 4,671 6,612 (841) -15.26% <br /> Interest(Leases) 3,116 3,564 (449) -12.60% <br /> Cash over/short (559) (251) (308) 122.71% <br /> Contingencles/Mlsc. 8 5 3 60.00% <br /> Total Operating Expenses 134,144 :134,584 (440) -0.33% <br /> Total Payroll/Operating Expenses 463,022 396,432 66,590 16.80% <br /> Income from Operations 67,461 183,411 (115,950) -63.22% <br /> Other Income <br /> Investment Income 450 (450) -100.00% <br /> Miscellaneous 290 290 0.00% <br /> Total Other Income 740 740 -100.00% <br /> Net Income Before Distributions 07,461 184,151 (116,690) -63.37% <br /> Statutory Distributions: <br /> Law Enforcement(5%) 15,333 14,719 614 4.17% <br /> Alcohol Rehabilitation&Education(7%) 24,260 21,750 2,600 11.49% <br /> Total Statutory Distributions 39,583 36,469 3,114 8.64% <br /> Net Income Before Profit Distribution 27,878 147,682 119,804 -81.12% <br /> Profit Distribution: <br /> Orange County-General Fund 70,000 66,6671 3,333 5.00% <br /> Net Income(Loss)before depreciation 42,122 81,015 1 (123,137) -151.99% <br /> depmchfion(non-budget item) 40,724 35,372 <br /> (82,846) 45,643 (128,489) -281.51% <br /> (profitpercentage) -3.74% 1.99% <br /> Year to Date Sales Comparison (current) (current) <br /> Sales FY 2025 FY 2024 1 Change % <br /> -" Retall Liquor 1,909,497 1,961,761 1 (52,264) -2.66% <br /> Wine Sales 97 2,620 (2,523) -96.30% <br /> LBD Sales 306,394 333,656 27,262 -8.17% <br /> Total Sales 2,215,988 2,298,037 82,049 -3.57% <br /> Netincome(YTD) 82,846 45,643 128,489 -281,b1% <br /> 4 <br />