Orange County NC Website
i <br /> Orange County Board of Alcoholic Beverage Control <br /> Comparative Statement of Revenues,Expenses and Changes in Net Position <br /> For the month of December,2022 and 2021 Attachment"B" <br /> i December December $ % <br /> Sales 2022 2021 Variance Variance <br /> Relalk Liquor Sales 3,324,738 3,092,098 232,640 7.52% <br /> Wine/Mixers Sales 5,982 5,068 914 18,03% <br /> Commerolal/LBD/Mixed Beverage-Liquor Sales 409,788 357,004. 52,784 14.79% 1 <br /> Total Gross Sales 3,740,508 3,454,170 286,338 8.287/. <br /> Less Taxes Based on Gro 858,147 792.903 65,244 5.23% <br /> Net Sales 2,882,361 2.681,267 221094 8.31% <br /> Less:Coat of Sales 51 90%n 1,941 423 1,763,733 177,690 10,07% <br /> Gross Profit 940938 897,634 43,404 4.84% <br /> Operating Expenses <br /> Payroll&Related l <br /> Salaries&Wages 271,791 224,956 46.835 20.82% <br /> - —Payroll rtaxes - -- -—— ----1f681--_-—__T6_,72T -2_1T6_12.85% <br /> Emp Retirement __26,722- _ __20,256 6,466 31.92% <br /> Health insurance - 38,245 _ 32,486 5,759 17.73% :� <br /> Regime Health ins 11,512 11,767 (255) -2,17% <br /> Human Resources 1,254 2,714 (1,460) -53.80% <br /> NC 401k 5,122 3,485 1,637 46.97% <br /> Processing fees 800. 696. 104 14.94% <br /> Total Payroll&Rah io oe e; 374283 313,081 61,202 19.55% <br /> Other Operating Expenses <br /> Board Members/Meelingrfmvelrrmining 350 425 (75) -17.65% <br /> Rent 5,143 16,716 (11,573) -69.23% <br /> Lease Amortization 20,507 - 20,507 100,00% - <br /> Repairs&Mold. (Ell 1,305 2,768 (1,463) -5235% <br /> \ Repairs&Malm.(Equip.) 1,476 4,976 (3,500) -70.34% <br /> Utilities,Telephone and Internet 3,145 8,660 (3,715) -64.15% <br /> Insurance-Business 6,409 4,376 - 2.033 46.46% <br /> Store Expenses,Supplies and Bags 14,590 13,258 1,332 10.05% <br /> Travel/Mileage Reimbursement -_5 - 5 0.00% <br /> Office/Warehouse Supplies&Expenses 1,024 630 494 93.21% <br /> Ext.Maintenance Services 1,874 3,530 (1,666) -46.91% <br /> Cenlrect/Servlc,Agreements 7,898 7,410 482 6,60% <br /> Postage 409 768 (349) 0.00% <br /> Professional Services(legal/audit) 3,15E 1,566 1,592 101.66% <br /> Dues/Subscdpllons/Licenses 303. 302. 1 0.33% <br /> Credit Card Processing/Bank fees 62,626 52,076. 10,550 2D.26% <br /> Training/Education/Meeting 122 122 100.00% <br /> Burglar Alarm&Security 675 576 D.uD% <br /> Vehicle Expense 1,368 1,951r (563) -28.86% <br /> Uniforms 0.00% <br /> Interest(Debt Service) 4,658 9,998 (5,440) -5It 41% <br /> Interest(Leases) 3,658 3,658 10D.00% <br /> Cash over/short (4) (38) 34 -81. -. <br /> Contingencies/Mist. 68 1 67 6700.00% <br /> Total Other Oper l 31/0 140,687 128,044 12,543 9,80% <br /> Total Operating Expenses 514,570 44.1,125 73,745 16.72% <br /> Operating Income 426,068 466,409 (30,341) -6,65% <br /> Other Income <br /> Investment income 907 206 699 336.06% <br /> Miscellaneous 0.00% <br /> Total Other Income 907 - -208 699 336.06% <br /> Net Income Before Distributions 426975 456617 (29,642) -6.49% <br /> Statutory Distributions: <br /> Law Enforcement(5%) 14,000 13,834 166 1.20% <br /> Alcohol Rehabilitation&Education(7%) 21000 19,750.. 1,250 6.33% <br /> Total Statutory Distributions 36,000 - 33.584 1,416 4.22% <br /> Net Income Before Proff nl 48% 391,975 423 033 (31,058) -7.34% <br /> Profit Distribution: <br /> Orange County-General Fund 58333 44166 14,167 32.08% <br /> Net Income(Loss)before depreciation 333,642 378,867 (45,225) -11.94% <br /> Depreciation(non-budgeted item) 34,691 36.808 <br /> 19 0 298,961 342,069 (43,108) 72.60% <br /> Year to Date Sales Comparison current current <br /> sales FY 2023 FY 2022 Change % <br /> Retail Liquor 13,973,612 13,632,370 341.242 2.50% <br /> Wine Sales 21,698 '22686 (672) -3.86% <br /> LBD Sales 248&964 2106.615. 322,349 14.88% <br /> Total Sales 16,484,272 16,821,553 662,719 4.18% <br /> Not Income(fro) 528'S 884728 1092223 227,495 -20.83% <br /> 4 <br />