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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 AUGUST,2024 and 2023 Attachment'B"
<br /> AUGUST AUGUST $ %
<br /> Sales 2024 2023 Variance Variance
<br /> Retail-Liquor Sales 2,161,228 2,092,784 68,444 3.27%
<br /> Wine/Mixers Sales 183 3,063 (2,880) -94.03%
<br /> Commemlal/LBD/Mixed Beverage-Liquor Sales 373,305 406,902. 33,597 -8.26%
<br /> Total Sales 2,534,716 2,502,749' 31,967 1.28%
<br /> Taxes Based on Gross Sales 888,716 581,211: 7,505 1.29%
<br /> Net Sales 1,946,000 1921538 24,462 1.27%
<br /> Cost of Sales(Inc.bmakage/adjsts.) 1,286,183 1,248,163 37,020 2.97%
<br /> Gross Profit 850,817 1 673,375. 12,558 -1.86%
<br /> Payroll&Related Expenses
<br /> Salaries&Wages 219,328 205,568- 13,760 6.69%
<br /> Payroll Taxes } -3 pay pedods 22,794 :13,663 9,131 66.83%
<br /> Emp Retirement 37,075 20,685 16,390 79.24%
<br /> Health Insurance 43,124 -33667 9,467 28.09%
<br /> Retiree Health Ins 13,512 11,512' 2,000 17.37%
<br /> Human Resources -450 450 100.00%
<br /> NC 401k 6,403 4,875. 528 10.83%
<br /> Processing fees '756 : 729. 27 3.70%
<br /> Total Payroll&Related 342,442 290.699 51,743 17.80%
<br /> Operating Expenses
<br /> Board Members/Meeting/Travel/Tralning '$28 1,677r (1,149) -68.52%
<br /> Rent 4,300 4,300 0.00°%
<br /> Lease Amortization 19,627 19,627 - 0.00%
<br /> Repairs&Maint. (Bldgs) 3,319 r2,557i 762 29,80%
<br /> Repairs&Maint.(Equip.) J929 ' 933' 996 106.75%
<br /> Utilities,Telephone and Internet 12,923 6102: 6,761 109.72%
<br /> Insurance-Business 8472 7,044. 1,428 20.27%
<br /> Store Expenses,Supplies and Bags 23,017 20,282 2,735 13,48%
<br /> Travel/Mileage Reimbursement -65 346 (291) -84.10%
<br /> Office/Warehouse Supplies&Expenses 1:;716 °4130. (2,414) -58.45%
<br /> Ext.Maintenance Services 2,228 ". 2 122 106 5.00%
<br /> Contract/Service Agreements 9,621 ' 9108. 713 7.83%
<br /> Postage 264 267 (3) -1.12%
<br /> Professional Services 2,485 -2,000 485 24.25%
<br /> DuestLicenseslFees 414 215. 199 92.56%
<br /> Credit Card Processing/Bank fees 43,471 '43,667 404 0.94%
<br /> TraininglEducation/Meeting - - 0.00%
<br /> Burglar Ala"&Security -615 575 40 6.96%
<br /> Vehicle Expense 515 1,121 (606) -54.06%
<br /> Uniforms 352 - 352 100,00%
<br /> Interest(Debt Service) 5,143 5663' (520) -9.18%
<br /> Interest(Leases) 3,076 :3 564:: (488) -13.69%
<br /> Cash overtshort 277 606 (331) -54.44%
<br /> Contingencles/Misc. 21 14: 7 50,00%
<br /> Total Operating Expenses 144;568 135,382' 9,186 1 6.79%
<br /> Total Payroll/Operating Expenses 487,010 426,081 60.929 14.30%
<br /> Income from Operations 173,807 247,294 (73,487) -29.72%
<br /> Other Income
<br /> Investment income - 441`. (441) -100.00%
<br /> Miscellaneous 0.00%
<br /> Total Other Income F 441:.. 441 -100.00%
<br /> Net Income Before Distributions 173,807 247,735 (73,928) -20.84%
<br /> Statutory Distributions:
<br /> Law Enforcement(5%) 15,333 :.14719 614 4.17%
<br /> Alcohol Rehabilitation&Education(7%) 24,260 21,769 2,500 It.49%
<br /> Total Statutory Distributions 39,583 "36469 3,114 8.54%
<br /> Net Income Before Profit Distribution 134,224 211,266: 77,042 -36.47%
<br /> Profit Distribution:
<br /> Orange County-General Fund 70 000 r60,667 3,333 5.00%
<br /> Net Income(Loss)before depreciation 64;224 144,699. (80,376) -55.58%
<br /> depreciation(non-budget its 40,687 35,621
<br /> 23,357 108,978 (85,6211 -78.57%
<br /> (profit percentage) 0.92% 4.35%
<br /> Year to Date Sales Comparison (current) (current)
<br /> Sales FY 2025 FY 2024 f Change %
<br /> Retail Liquor 4,070,726 4054545 18,181 0.40%
<br /> Wine Sales 280 '5,883 (5,403) -95.07%
<br /> LBD Sales 679,698 740,558 60,860 -8.22%
<br /> Total Sales 1 4,760,704 4600786 50,082
<br /> Net Income(YTD) 69 637 185;621 ` 216,158 -138.01%
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