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 February,2023 and 2022 Attachment"B" <br /> February February $ <br /> Sales 2023 2022 Variance Variance <br /> Retail-Liquor Sales 1.901.713 1,931,376 (29,663) -1.541A <br /> Wine/Mixers Sales 2,401 3,921 (1,520) -38.77% <br /> CommerciallLBDlMixed Beverage-Liquor Sales 434.298 383.771 50,527 13.17% <br /> Total Gross Sales 2,338,412 2,319.06E 19,344 0.83% <br /> Less Taxes Based on Gross Sales 546,306 540.745 5,561 1.03% <br /> Net Safes 1,792,106 1.778.3231 13,783 0.78% <br /> Less:Cost of Sales(inc.breakag&adjsts.) 1.193.914 1,190,787 2,873 -0.24% <br /> Gross Profit 598.192 581,536 16.656 2.86% <br /> Payroll&Related Expenses <br /> Salaries&Wages 185,722 158.841 26,881 16.92% <br /> Payroll Taxes 13,123 11,398 1,725 15.13% <br /> Emp Retirement 18,801 14,622 4,179 28.58% <br /> Health Insurance 36,401 31,357 5,044 16,09% <br /> Retiree Health Ins 11,513 11,767 (254) -2.16% <br /> Human Resources 494 233 261 112,02% <br /> NC401k 4,872 3.440 1,432 41.63% <br /> Processing fees 1,473 1,048 425 40.55% <br /> Total Payroll&Related 272,399 232,706 39.693 17,06% <br /> Operating Expenses <br /> Board Members IMeetinglTravellfraining 500 425 75 17.65% <br /> Rent 4.255 16,781 (12,526) -74.64% <br /> Lease Amortization 20,507 - 20,507 100.00% <br /> Repairs&Maint. (Bldgs) 924 1,665 (741) -44.50% <br /> Repairs&Maint.(Equip.) 4,227 661 3,566 539.49% <br /> Utilities.Telephone and Internet 8,826 8,840 (14) -0.16% <br /> Insurance-Business 7,044 8,027 (983) -12.25% <br /> Store Expenses,Supplies and Rags 11,130 11.754 (624) -5.31% <br /> TravellMileage Reimbursement 360 20 340 0.00% <br /> Office/Warehouse Supplies&Expenses 140 1.704 (1,564) -91.78% <br /> Ext.Maintenance Services 1.954 1,617 337 20.84% <br /> Contract/Service Agreements 7.511 6,733 778 11.56% <br /> Postage 138 29 109 0.00% <br /> Professional Services(legal/audit) 2.225 4.402 (2,177) -49.45% <br /> Dues/Subscriptions/Licenses 303 302 1 0.33% <br /> Credit Card Processing/Bank fees 38.099 35,712 2.387 6.68% <br /> TraininglEducabonlMeeting 1,299 - 1.299 100,00% <br /> Burglar Alarm&Security 575 575 - 0.00% <br /> Vehicle Expense 669 362 307 84.81% <br /> Uniforms 1,816 - 1,B16 0.001k <br /> Interest(Debt Service) 4,744 6,251 (1,507) -24.11% <br /> Interest(Leases) 3,585 3,585 100.001A <br /> Cash overishort (243) 58 (301) -518.97% <br /> ContingenciesJMisc. 76 6 70 1166.67% <br /> Total Operating Expenses 120,664 105,924 14,740 13.921% <br /> Total Payroll/Operating Expenses 393,063 338,030 54,433 16.071% <br /> Income from Operations 205,129 242.906 (37,777) -15.55% <br /> Other Income <br /> Investment income 767 176 591 335.80% <br /> Miscellaneous 0.00% <br /> Total Other Income 767 176 591 335.80% <br /> Net Income Before Distributions 205896 243082 (37,186) -15.30% <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 33,583 1,417 4.22% <br /> Net Income Before Profit Distribution 170,896 209,499 38.603 -18.43% <br /> Profit Distribution: <br /> Orange County-General Fund 58,333 44,167 14.166 32.07% <br /> Net Income(Loss)before depreciation 112,563 165,332 (52,769) 31.92% <br /> 34,691 36,808 <br /> 77,872 128,524 (50,652) -39.41% <br /> Year to Date Sales Comparison (current} current <br /> Safes FY 2023 FY 2022 Change % <br /> Retail Liquor 17,652,231 17,3B7,946 264.285 1.52% <br /> Wine Sales 26,913 30,142 (3,229) -10.711A <br /> LBD Sales 3,330.579 2.814,295 516.284 18.35% <br /> Total Sales 21 009,723 26 232 363 777,340 3.84% <br /> Met Income(YTD) 928363 1287 165 359,102 -27.89°k <br /> 4 <br />