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II
<br /> Orange County Alcoholic Beverage Control Board
<br /> Comparative Statement of Net Position
<br /> As of November,2022 and 2021
<br /> Abashment"A"
<br /> Assets
<br /> Current As 22 2021 Variance
<br /> Cash&Cash E 20
<br /> Equivalents
<br /> Cash-Tmtst 723,376 4,406,166 (3,681,790)
<br /> Cash-Roxboro Savings 674.161 1,231,250 (357.089)
<br /> Cash-First Horizon 1,876,195 0 1,876,195 '
<br /> Cash-Change Banks 18,583 17,780 803
<br /> Total Cash&Cash Equivalents 3,492,315 5,854,196 (2,181,881) -38.23%
<br /> -- Accounts Receivable - - ------2,718-- - 5,-266- -(2,550)- -- -- -
<br /> Prepaid Expenses 121,288 "- 70.634 60,654
<br /> Security Deposits - ---20,,738- - --.-28.786 (6,030) '
<br /> Inventory 4,718,333 3,345,021 1,373.312 41.06%
<br /> Inventory(bags) 48,385 15,799 32.588
<br /> Lease Asset 2.053,336 1,222,602- 630.734
<br /> 6,964,794 4,688,088 2,276,705
<br /> Total Current Assets 10.487.109 10:342.284 114,825
<br /> Property&Equipment
<br /> Land,Buildings&Improvements 10,164,865 10,149,391 45,474
<br /> Vehicles&Equipment 1,949 275 1,879,061. 70.214
<br /> Total Property&Equipment 12,114,140 12,028,452 85,688 0 71%
<br /> Less:Accumulated Depreciation (4,10B;274) (3,088,271) (422,003)
<br /> Accumulated Lease Amodizatio, (315,882) - 0 (315,882)
<br /> Net Property&Equipment 7,689,9B4 8.M,lol (652,197) -7.82%
<br /> Other Assels(Pension)
<br /> Deferred Outflow Asset(OPEB) -242,387 -=293,174 50,787
<br /> Pension Deferrels lat Pension Asset 343;977 288,061 56,926
<br /> Deferred Cudlowsof Resources - - -201,166- 164.232 38 934
<br /> 302, G .09
<br /> Construction in Progress(Southern Village) 0 - 0 -
<br /> Constmctionin Progress(Mebane) 2,537193 r 120.047 2.417.146
<br /> Total Other Assets 2,537,103 120.047 2.417,146
<br /> Total Assets 20,9B7,042. 18,963.821 2p23,421
<br /> Liabilities and Equity
<br /> Current Liabilities
<br /> Accounts Payable
<br /> Thin. 1,682,663 1,411,618 171.045
<br /> Other 125,543 -498,889 28.675
<br /> 11]08,208 -1.608,686 199,620 13.23%
<br /> Excise Taxes 635,978 582,e17 53,156 9.12%
<br /> Other Taxes 470,998 200,402 (29,404)
<br /> Payroll U.IA119es 63,338 57,874 5.464
<br /> Payroll Accruals 56,345 51.606 4,839
<br /> Ammed Interest([ease) 24A65 '0 24,465
<br /> 951.119 892,500 58,520
<br /> Other Current Liabilities
<br /> Net Liability(OPEB) 546,066 630,877 (84,621)
<br /> Deferred Pension Liability 363,,162 -639,765 (476,293)
<br /> Defamed Inflows of Resources(Pension) 649,036 -38,907 510,049
<br /> Lease Liability omment portion) 208,948 132,452 76,496
<br /> 1,688,im - 1,641,871 28,231 1.60%
<br /> Long Tenn Liabilities
<br /> NO.Payable(First Horizon) 2,212,380 0 2,212.383
<br /> Note Payable(Oakdale) 0 4,633,083 (1,607,288)
<br /> Note TrmPayable Debt
<br /> uist)Adjustment
<br /> 0 ,194,034 (153,600)
<br /> Long Term Debing formenl(ion) 41,334 194,934 (547,943
<br /> Lease Liability(long(arm potion) 1.638.093 1.090,150 54].943
<br /> 31891,810 3,726,465 166,345 4.47%
<br /> DlsI'llem ions
<br /> Payable to Law Enforcement (14,000) 13,668 (27,666)
<br /> Payable to Education 23,685 40,831 (17,246)
<br /> Payable to County (56,334) 87,584 (145,918)
<br /> Total CurrenllLT Liabilities ,g8,149 142,081 (190,830) A34.31%
<br /> Equity
<br /> Balance Beginning of the year 12,256,768 10,302,065 1,953.912
<br /> Add Income(Loss)Year`4o-Data 559,786 -:760,163 (190,3R) .25.3B%
<br /> -- Balance End of the Period 12,816,554 11,M,019 1.763,635
<br /> Total Liabilities&Equity 20,987.042 18,983,821 2,023,421
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