Orange County NC Website
I <br /> Orange County Alcoholic Beverage Control Board <br /> Comparative Statement of Net Position <br /> As of January,2023 and 2022 <br /> Attachment W <br /> Assets <br /> Current Assets 2023 2022 variance <br /> Cash&Cash Equivalents <br /> Caeh-Trulstrulst 1,017,282 4,181.470'! (3.164,188) <br /> Cash-Roxbom Savings 804.948' 1,148,044: (343,09ig <br /> Cash-Rust Hatlzo0 1,879,073. 0�///-L� <br /> Cash-Change Banks 17,800'. ----15,6�00, 2,200 <br /> Total Cash&Cash Equivalents 3.819,101 v� 5 345114: 1 528,01 -28.55% <br /> Account.Receivable 2,716 8,966: (6,250) <br /> Prepaid Expanses 182 70 126,520 56,184 <br /> Security Deposits 738 28,766. ) <br /> Inwmary 3338.155 31,77 18. <br /> Inventory(bag.) 8'. 48,657 51 <br /> Lease Asset 1,222.61021 83Q734 <br /> 6,318 226 4 773,666'. 1,542,560. <br /> Total Cunnt Assets TOM 3532]'. 14;118.780! 16,547 <br /> Property&Equipment <br /> Land,Buildings&Improvements 10,164,865: 10,149,3919 15.474 <br /> Vehicles&Equipment 2,014,881 1.,879,061 135,820 <br /> Total Properly&Equipment 12.179,746: 12,028,452i 161,294 <br /> Less:Accumulated Depreciation (4177.657)' (3,759,887)! (417,770) <br /> Accumulated Leese Amortization (356,896)I 01 (356,896) <br /> Net Property&Equipment 7,645193'. 8;268,5851 (623,372) <br /> Other Assets(Pension) <br /> Deferred Outlaw Asset(OPEB) 242,387'. -293,174' 50,787 <br /> Pension Deferrals/Net Pension Asset 343.977 288,051 ! 55,926 <br /> Defamed Outflow.of Resource. 201 d68 164.232 i 3Q934 <br /> 302,756' 159,109 1 33,647 <br /> Construction In Pmgmss(Southern Village) 0'. 01 - <br /> ConstructloninProgresa(Mebane) 2,7430391 _ 1511430 2,591.609 <br /> Total Other Assets 2.7431039'. 161.;4301 2,591 609 '.. <br /> Total Assets 20828.315'. 18:897,894i 2.128.431 <br /> Liabilities and Equity <br /> Current Liabilities <br /> Accounts Payable <br /> Tmtle 963655 982727I -119 <br /> Other 98 554 82,917 637 <br /> 1,062209' 1,065844" 3435 <br /> Excise Taxes 506,884- 478,942 27,922 <br /> Other Taxes 129,541' 132,818'. (3,277) <br /> Payroll Liabilities 81,067.. 75,729, 5,338 <br /> Payroll Accruals - 95,153 79,688: 15,465 <br /> Accrued Interest(lease) 24,392' Q. 24,392 <br /> 837,01E i67,177! 69.840 <br /> Other Current Liabilities <br /> Net Liability(OPEB) 546,056 630,677' (84,621) <br /> Defend Penslon Llabilily 363,462'. 839,]551 (476,293) <br /> Defend Inflow.of R...uroes(Pension) 549,636 "38,987'�. 510,649 <br /> Lease Liability(current portion) 210,158 132,452 77,706 <br /> 1,669,312 1.641,871'. 27.441 <br /> Long Term Liabilities <br /> Note Payable(Flret Horizon) 2,463,286' 0' 2,463,266 <br /> Note Payable(Oakdale) 0. 1,789,3941 (1,789,394) <br /> Note Payable(Tmis0 0' 618,6911. (618,691) <br /> Long Term Debt AdjushnenVaudilor 50,409 0. (60,408) <br /> Long Tenn Debt Adjustment(lease) 194934, (153,600) <br /> Lease Liability(long term portion) , O0,438 1 090150 510,288 <br /> 4054629 3693169'. 361.460 9.7 %% <br /> Distributions <br /> Payable to Lew Enforcement (500). (167)I (333) <br /> Payable to Etlucatlon 38,05,3 24.976: 13,080 <br /> Payable to County 0,333 43.417' 14,916 <br /> Total CummULT Liabilities 95.880 68,226' 27,663 <br /> Equity <br /> Balance Beginning of the paf 56]68 10,302,855 1,853,91 <br /> Add Income(Loss)Year-to-Date 850491 1758941 (308,450) -26.61% <br /> Balance End of the Period 1310]259 11 461 797 1 145 462 <br /> -- Total Liabilities&Equity 20,826,316' 18:897 884 2,126,431 <br /> 3 <br />