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 November,2022 and 2021 Attachment"B" <br /> November November $ % <br /> Sales 2022 2021 Variance Variance <br /> Retall-Liquor Sales 2,351,866 2,326,951 25,915 1.11% <br /> Wme/Mixers Sales 4,206 4,233 (27) -0.64% <br /> Commercial/LBD/Mixed Beverage-Liquor Sales 412.805 360,880 62,125 17.72% <br /> Total Gross Sales 2,766,877 2,680;864 88,013 3.28% <br /> I <br /> Less Taxes Based on Gross Sales 641,968 020,061 21,907 3.53% <br /> Net Sales 2,12ti 2,060,803 66,108 3.21% <br /> Less:Cost of Sales(inc.breekageladJsts.) 1.411.007 1,441 899 30,892 -2.14% <br /> Gross Profit 715,902 618,904 96.998 15.67% <br /> Operating Expenses <br /> Payroll&Related <br /> Salaries <br /> & ages._.. 994,955 _ _ 150,743 38,212 24,38% <br /> Payroll <br /> Y 17,458 11,787 5,671 4B.11% <br /> Emp Retirement 19,325 15544_ 3,781 24.32% <br /> Health Insurance 38,285 32,404 5,881 18.15% <br /> Retiree Health Ins 11,612 11,767 (255) -2.17% <br /> Human Resources 1,904 r 245 1,659 677,14% <br /> NO 401k 5,194 3,410 1,784 52.32% <br /> Processing fees 680 605 75 12.40% <br /> Total Payroll 8 Related 289,313 232.505 56,808 1 24.43% <br /> Other Operating Expenses <br /> Board Members/Meeting/Travel/lraining 350 425 (75) -17.65% <br /> Rent 4.300 16,716 (12,416) -74.28% <br /> Lease Amortization 20,507 20,507 100.00% <br /> Repairs&Main (Bldgs) 2,268 2,628 (360) -13.70% <br /> Repairs&Malnt.(Equip.) 102 883 (781) -88.45% <br /> Utilities,Telephone and Internet 11,880 7,,010. 4,870 69.47% <br /> Insurance-Business 6,409 5,472. 937 17.12% <br /> Store Expenses,Supplies and Bags 14,679 12,700 1,979 15.59% <br /> Travel/Mileage Reimbursement - -- --- - 0,00% <br /> Office/Warehouse Supplies&Expenses 5,837 3,709 2,128 57.37% <br /> Ext.Maintenance Services 2,034 2,145 (111) -5.17% <br /> Contract/Service Agreements 7.679 4,421. 3,258 73.69% <br /> Postage 35Q 406 (56) 0.00% <br /> Professional Services(legal/audit) 1,976 1,566 409 26.12% <br /> Dues/Subscripllons/Licenses 760 1,071 (311) -29.04% <br /> Credit Card Processing/Bank fees 45,731 40,686 5,045 12.40% <br /> Tralning/Education/Meeting - - 100.00% <br /> Burglar Alarm&Security 575 675 - 0.00% <br /> Vehicle Expense 1,398 445 951 213.71 <br /> Uniforms 564 564 0.00% <br /> Interest(Debt Service) (4,646) 9,792 (14,438) -147.45% <br /> Interest(Leases) 3,695 3,595 100.00% <br /> Cash over/short 323 (94) 417 -443.62% <br /> Contingencies/Misc. 31 - .43 12 -27.91% <br /> Total Other Oper Expense 126,799 110699. 16,200 1 14.65'. <br /> Total Operating Expenses 416,112. 343,104 73,008 21.28% <br /> Operating Income 299,790 275,800 23,990 8.70% �I <br /> Other Income <br /> Investment income 145 207 (62) -29.95% <br /> Miscellaneous 0.00% <br /> Total Other Income 1451 207 62 -29.95% <br /> Net Income Before Distributions 299935 276007 23,928 B.67% <br /> Statutory Distributions: <br /> Law Enforcement(5%) 14,000 13,833 167 1.21% <br /> Alcohol Rehabilitation&Education(7%) 21,000 19,750 1,250 6.33% '.. <br /> Total Statutory Distributions 35.000. - 33,683 1,417 4.22% <br /> Net Income Before Profit Distribution 264935 -242424. 22.511 9,29% <br /> Profit Distribution:Orange County-General Fund 58.333 44167 14166 32.07% <br /> Net Income(Loss)before depreciation 206602 198,257 8,345 4,21% <br /> Depeedation(ncnrvbudgeted item) 33.459 3609 <br /> 173,143 161,449 11.604 7.24% <br /> Year to Date Sales Comparison cvrrertt cmren <br /> -- Sales FY 2023 FY 2022. Change % <br /> Retail Liquor 10,648,874 10.640,272 108,602 1.03% <br /> Wine Sales 75,714 17500 (1,786) -10.21% <br /> LED Sales 207817fi 1,809:611 269,565 14.90% <br /> Total Sales 12 743 7fi4 12367 383 1 376.381 3.04% <br /> Netincome/y7D) 569786 750183 190,377 -25.38% <br /> 4 <br /> �� i <br />