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 January,2023 and 2022 Attachment"B" <br /> January January $ % <br /> Sales 2023 2022 Variance Variance <br /> Recall-Liquor Sales 1,776,906 1824,201 (47,295) -2,59% <br /> Wine/Mixers Sales 2,816 3,653 (837) .22,91% <br /> Commerdal/LBD/Mixed Beverage-Liquor Sales 407,317 263.009 143,40E 54.34% <br /> Total Gross Sales 2,1B7,039 2,091,763 95,276 4.55% <br /> Less Taxes Based on Grass Sales 611,749 483,738 28,011 5.79% <br /> Nat Sales 1,675.200 1608026 67,265 4,18% <br /> Less:Cost of Sales(inc.breakagelbojsrs.) 1,118 682 1,072,302 46.360 4.33% I <br /> Gross Profit 556,608 535,723 20,885 3.90% <br /> Operating Expenses <br /> Payroll&Related <br /> Salaries&Wages 232,338 173,884 58,454 33.62% <br /> Payroll Taxes 16,040 11,907 4,133 34.71% <br /> Emp Retirement 21,933 14,914 7,019 47.06% <br /> Health Insurance 39,533 31,169 8.364 26.83% <br /> Retiree Health Ins 11,513 11,757 (254) -2.16% <br /> Human Resources 1,118 245 B73 356.33% <br /> NC 401k 5,035 3.515. 1,520 43.24% <br /> Processing fees 529 631 102 -16016% <br /> Total Payroll&Related 326,039 248,032 80,007 32,26% <br /> Other Operating Expenses <br /> Board Members/Meeling/Trevel7fmining 378 425 (47) -11.06% <br /> Rent 4,300 16,781 (12,481) -74.38% <br /> Lease Amortization 20,507 20,507 100,00% <br /> Repairs&Maim (Dallis) 769 1,075 (316) .29,40% <br /> Repairs&Malnt.(Equip.) 708 712 (4) .0,86% <br /> Utilities,Telephone and Internet 12,355 8,817 3,548 40.24% <br /> Insurance-Business 7,043 6,409 634 9,89% <br /> Store Expenses,Supplies and Bags 11.412 12.200. (788) -6.46% <br /> Travel/Mileage Reimbursement _ 0.00% <br /> Office/Warehouse Supplies&Expenses 1,917 1,844 73 3.96% <br /> Ext.Maintenance Services 1,954 2,198 (244) .11.10% <br /> Contract/Service Agreements 7,698 4,421 3,277 74.12% <br /> Postage 350 21 329 0.00% <br /> Professional Services(legal/audit) 1,975 4,402 (2,427) -55.13% <br /> Dues/Subscdptions/Licenses 453 302 151 50.00% <br /> Credit Card Processing/Bank fees 36,521 34,597 1,924 5.56% <br /> Training/Education/Meeting 1,600 - 1,600 100.00% <br /> Burglar Anna&Security 576 575 - 0.00% <br /> Vehicle Expense 2,006 2,114 (109) -5.16% <br /> Uniforms - 0.00% <br /> Interest(Debt Service) 5163 9,941. (4,770) -46.01% <br /> Interest(Leases) 3,622 3,622 100.00% <br /> Cash over/shod (3) (186) 183 -98.39% <br /> Contingencles/Mlsc. 50 3 47 1566.67% <br /> Total Other Oper Expense 121.362 106.661 14.701 13.78% <br /> Total Operating Expenses 10'7.82 <br /> 354.683 94,708 26,70% <br /> Operating Income 181,040 (73,823) -40.78% <br /> Other Income <br /> Investment Income 203 654 322,17% <br /> Miscellaneous 35' 35 0.00% <br /> Total Other Income 238 619 260.08% <br /> Net Income Before Distributions 108074 181278 (73,2D4) AO.38% <br /> Statutory Distributions; <br /> Law Enforcement(5%) 14,000 13,833 167 1.21% <br /> Alcohol Rehabilitation&Education(7%) 21,000 19,750 1.250 633% <br /> Total Statutory Distributions 35,000 33,583 1,417 4.22% <br /> Net Income Before Profit Distribution 73,074 147,695 74,621 -60.52% <br /> Profit Distribution: <br /> Orange County-General Fund 58333 44167 14,166 32.07% <br /> Net Income(Loss)before depreciation 14,741 103,628. (88,787) -85.76% <br /> 34,691 36808 I <br /> (19,960) 66,720 (88.670) -129.90% <br /> Year to Date Safes Comparison curren0 current <br /> Sales FY 2023 FY 2022 Change <br /> Recall Liquor 15,760,618 16,455,671 293,947 1.90% <br /> Wine Sales 24,512 26,221 (1,709) -6.52% <br /> LBD Sales 2,890281 2,430,524 465.767 19.16% <br /> Total Sa/es 16,671311 17,913,316 757,995 423% <br /> Noe Income(YTD) 860491 11be 941 308450 -28.61% <br /> 4 <br />