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ORANGE COUNTY ABC BOARD—AGENDA FORM
<br /> Meeting Date: September 7, 2024
<br /> Agenda Item #4
<br /> Regular Session X
<br /> Closed Session_
<br /> 3. Actual to Budget Comparison FY 2025 (Attachment"Cl):
<br /> Sales for the year were slightly less than projected (-1.751/o), with sales-related expenses down
<br /> accordingly(taxes, -1.79% and costs of sales, -1.74%).
<br /> Payroll expenses were -1.31% below those anticipated while operating expenses were slightly
<br /> lower than expected (-0.74%).
<br /> Capital outlay for the month included a new display unit built at Store 003 (Chapel Hill North).
<br /> This purchase will be accounted for with unused funds set aside for security camera upgrades.
<br /> I
<br /> ( Attachment °6D" Comparative Statement of Monthly/Year-to-Date Retail Sales by Store
<br /> (Attachment 6LD11):
<br /> Retail stores sales for August 2024 were $2,161,228,up $68,444 (3.27%) over the previous year.
<br /> Store 002 (Ram's Plaza) led all stores with sales of$382,392 (+1.29%), followed closely by Store 007
<br /> (Carrboro) with $370,759 (up $8,680, +2.40%). Store 001 (Hillsborough) had the largest percentage
<br /> growth($15,245, +9.95%) while Store 004 (Mebane) had the largest sales increase ($25,301, 9.55%).
<br /> With the vacation season ongoing, total LBD/commercial sales ($373,305) were down -$33,597
<br /> (-8.26%). Store 004 (Mebane) had the largest increase (+$4,863) while Store 002 (Ram's Plaza), our
<br /> primary LBD sales outlet, had the largest decrease(-$33,505, -14.10%).
<br /> Total consumption of alcohol (165,105 bottles sold) was up 4,981 bottles(3.11%).
<br /> Store 002 (Ram's Plaza) led all stores in both retail ($685,366)and LBD ($349,117) sales for the
<br /> year-to-date. However, Ram's Plaza experienced the largest decreases from the previous year's sales in
<br /> both categories, down -$24,005 in retail sales and down-$78,341 in LBD sales. Store 004 (Mebane) had
<br /> the greatest LBD increase over the last year-to-date, up +$11,217.
<br /> 5. NC Statewide Report of Spirituous Liquor Sales (Attachment"E"):
<br /> Orange County ABD remained in 17`h place out of 30 boards with sales greater than$1 million.
<br /> The summer vacation pattern remained in effect, with destination counties maintaining elevated sales.
<br /> Toal retail sales for all 169 boards in the state ($132,784,280) increased 8.97%while LBD sales
<br /> ($33,523,521)decreased -2.11% for a net increase of 6.54%. Total sales for the top 30 boards increased
<br /> by thle (6.54%).
<br /> Mecklenburg County ABC topped all sales with$23,500,296, followed by Wake Coun ty ABC
<br /> with$18,942,024. Regionally, Greensboro ABC had sales of$6,937,430, Triad Municipal ABC had
<br /> sales of$5,603,419,Durham County ABC had sales of$5,248,095 and Alamance County ABC had
<br /> sales of$1,965,285,
<br /> Action Requested:
<br /> 1. Consent Agenda Item.
<br /> 2. Review and discuss as needed.
<br /> inancial Impact: See Above
<br /> Staff Recommendations/Comments: None
<br /> Page 2 of 7 pages
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