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 April,2023 and 2022 Attachment"B" <br /> April April $ % <br /> Sales 2023 2022 Variance Variance <br /> Retail-Liquor Sales 2,051,475 2,151.812 (100,337) -4.66% <br /> Wine/Mixers Sales 3,425 2,564 861 33.58% <br /> Commercial/1-BID/Mixed Beverage-Liquor Sales 459,743 484.272 24,529) -5.07% <br /> Total Gross Sales 2,514.643 2,638.648 (124,005) -4.70% <br /> Less Taxes Based on Gross Sales 588.403 618,780 30,377 -4.91% <br /> Net Sales 1.926.240 2,019,868 93,628 -4,64% <br /> Less:Cost of Sales(Inc.breakage/adjsts.) 1.310,939 1,406,397 95,458 -6.79% <br /> Gross Profit 615,301 613,471 1,830 0.30% <br /> Payroll&Related Expenses <br /> Salanes&Wages 201,613 192,659 6,954 4.65% <br /> Payroll Taxes t3,833 17,610 (3,777) -21.45% <br /> Emp Retirement 19,950 23,244 (3,294) -14.17% <br /> Health Insurance 40,990 34,694 6,296 18.15% <br /> Retiree Health Ins 11,512 11,767 (255) -2.17% <br /> Human Resources 2,200 297 1,903 640.74% <br /> NC401k 5,059 5,160 (101) -1.96% <br /> Processing fees 928 590 1 338 57.29% <br /> Total Payroll&Related 296,085 286,021 10,064 3.52% <br /> Operating Expenses <br /> Board Members/MeelingrFravelfTraining 425 425 - 0.00% <br /> Rent 4,300 16,781 (12,481) -74.38% <br /> Lease Amortization 20,507 - 20,507 100.00% <br /> Repairs&Maint. (Bldgs) 5,215 675 4,540 672,59% <br /> Repairs&Maint.(Equip.) - - - 100.00% <br /> Utilities,Telephone and Internet 5,381 5,962 (581) -9,75% <br /> Insurance-Business 7.044 6,409 635 9.91% <br /> Store Expenses,Supplies and Bags 20,278 11,037 9,241 83.73% <br /> TravellMiteage Reimbursement 236 - 236 0.00% <br /> Office/Warehouse Supplies&Expenses 378 977 (599) -61,31% <br /> Ext.Maintenance Services 1.637 2,443 (806) -32.99% <br /> Contract/Service Agreements 7,511 6,733 778 11.56% <br /> Postage 350 379 (29) 0.00% <br /> Professional Services(legallaudit) 8,075 4,402 3,673 83.44% <br /> DueslSubscriptionstLicenses 303 302 1 0.33% <br /> Credit Card ProcessingiBank tees 46,092 40,134 5,958 14.85% <br /> TraininglEducationlMeeting 412 412 100.00% <br /> Burglar Alarm&Security 575 575 - 0.00% <br /> Vehicle Expense 803 2,912 (2,109) -72,42% <br /> Uniforms - - - 0.00% <br /> Interest(Debt Service) 5,776 2,346 3.430 146.21% <br /> Interest(Leases) 3,548 - 3,548 100.00% <br /> Cash overtshort (24) 15 (39) -260.00% <br /> ContingencieslMisc. 4 1 1 3 300.00% <br /> Total Operating Expenses 138,826 102,508 36.318 35,43% <br /> Total PayrolVOperating Expenses 434,911 388.529 46,382 11.94% <br /> Income from Operations 180,390 224.942 (44,552) -19,81% <br /> Other Income <br /> Investment income 793 173 620 358.38% <br /> Miscellaneous 35 35 0.00% <br /> Total Other Income 828 173 655 378.61% <br /> Net Income Before Distributions 181218 225115 (43,897) -19.50% <br /> Statutory Distributions: <br /> Law Enforcement(5%) 14,000 13,833 161 1.21% <br /> Alcohol Rehabilitation&Education(7%) 21,000 19,750 1.250 8,33% <br /> Total Statutory Distributions 35,000 33,583 1,417 4.22% <br /> Not Income Before Profit Distribution 1,46,218 191,532 45,314 -23.66% <br /> Profit Distribution: <br /> Orange County-Generai Fund 58.333 44,167 14,166 32,07% <br /> Net Income(Loss)before depreciation 87.885 147,365 (69,480) 40.36% <br /> depreciation 38,014 36,857 <br /> 49,871 110,508 (60,637) -54.87% <br /> Year to Date Safes Comparison {current) current) <br /> Sales =,272 <br /> FY 2022 Change <br /> Retail Liquor 21.525,831 279,391 1.30% <br /> Wine Sales 35,359 (3,042) <br /> LBD Sales 3,752,751 519,469 13.84°/Total Sales 25,313,941 795,818 3.14°/ <br /> Not fncome(YTD) 1,tOQ920 1,592,731 491,811 -30.88% <br /> 4 <br />