|
Orange County Board of Alcoholic Beverage Control
<br /> Comparative Statement of Revenues,Expenses and Changes In Net Position
<br /> For the month of March,2023 and 2022 Attachment"B"
<br /> March March $ %
<br /> Sales 2023 2022 Variance Variance
<br /> Retail-Liquor Sales 2,101,516 1,986,073 115,443 5.81
<br /> Wlne/Mlxers Sales 1,978 2,663 (675) -25.44%
<br /> CommerciayLBDIMixed Beverage-Liquor Sales 481,898 454,184 27,714 6.10%
<br /> Total Gross Sales 2,585,392 2,442,910 142,482 5.83%
<br /> Less Taxes Based on Gross Sales 604,793 672,174 32,619 5.70% ICI
<br /> Net Sales 1980699 1870736 109863 5.87%
<br /> Less:Cost of Sales(Inc.breakage/ad/sts.) 1,283.495 1,214 273 69.222 5.70% III
<br /> Gross Profit 697,104 656,463 40,641 6.19%
<br /> Payroll&Related Expenses
<br /> Salaries&Wages 202,613 160,623 41,990 26.14%
<br /> Payroll Taxes 19,766 11,512 8,254 71.70%
<br /> Emp Retirement 28,329 15,201 13,128 86.36%
<br /> Health Insurance 39,478 31,239 8,239 26.37%
<br /> Retiree Health Ins 11,513 11,767 (254) -2.16%
<br /> Human Resources 895 196 697 352.02%
<br /> NC 401k 7,202 3,440 3,762 109,36%
<br /> Processing fees 511 695 184 -26.47%
<br /> Total Payroll&Related 310,307 234,675 75.632 32.23%
<br /> I
<br /> Operaling Expenses
<br /> Board Members/Meeting/fraveilTralning 707 425 282 66.35%
<br /> Rent 4,300 16,224 (10,924) -71,76%
<br /> Lease Amortization 20,507 20,507 100.00%
<br /> Repairs&Malnt. (Bldgs) 1,241 8,410. (7,169) -85.24%
<br /> Repairs&Malnt.(Equlp.) 1,974 1,217 767 62.20%
<br /> Utilities,Telephone and Internet 8,724 8,139 585 7.19%
<br /> Insurance-Business 6,574 6,409 165 2.57%
<br /> Store Expenses,Supplies and Bags 18,694 14,529 4,165 28.67
<br /> Travel/Mileage Reimbursement 814 814 0,00%
<br /> OffcelWarehouse Supplies&Expenses 4,992 867 4,125 475.78%
<br /> Ext.Maintenance Services 2,527 1,785. 742 41.67%
<br /> ContracilServlce Agreements 7,511 6,733 778 11.56% '.
<br /> Postage 416 642 (226) 0.00%
<br /> Professional Services(legal/audit) 1,975 4,402: (2,427) 55.13%
<br /> Dues/Subscriptions/Licenses 303 302 1 0.33%
<br /> Credit Card Processing/Bank fees 41,516 36,323 5,193 14.30%
<br /> Tralning/Educatlon/Meeting 3,036 3,036 100.00%
<br /> Burglar Alarm&Security 575 675 0.00%
<br /> Vehicle Expense 2,211 2;000 211 10.55%
<br /> Uniforms 2,699 (2,699) 0.00%
<br /> Interest(Debt Service) 4,774 2,197 2,577 117.30%
<br /> Interest(Leases) 3,648 3,548 100.00
<br /> Cash over/short 176 (121) 297 -245.45%
<br /> Contingencies/Misc. 5 (08A 103 -105.10%
<br /> Total Operating Expenses 137,100 112,659 24,441 21.69%
<br /> Total Payroll/Operating Expenses 447,407 347.334 100,073 28.81%
<br /> Income from Operations 249.697 309.129. (59,432) -19.23%
<br /> Other Income
<br /> Investment Income 841 18B 655 352.15%
<br /> Miscellaneous 0.00%
<br /> Total Other Income 841 186 655 352.15%
<br /> Net Income Before Distributions 250538 309316 (58,777) -19.00%
<br /> Statutory Distributions:
<br /> Law Enforcement(5%) 14,000 13,833 167 1.21% ,
<br /> Alcohol Rehablitalicn&Education(7%) 21,000 19,750 1,250 6.33%
<br /> Total Statutory Distributions 36,000 33,683 1,417 4,22%
<br /> Net Income Before Profit Distribution 215,538 275,732 60,194 -21.83%
<br /> Profit Distribution:
<br /> Orange County-General Fund 68,334 44.167 14,167 32.08%
<br /> Net Income(Loss)before depreciation 167,204 231,565 (74,361) -32.11
<br /> 34,726 36,B08
<br /> 122,478 194,767 (72,279) -37.11
<br /> i
<br /> Year to Data Sales Comparison (cument) current
<br /> Sales FY 2023 FY 2022 Chance %
<br /> Retell Liquor 19,753,747 19,374,019 379,728 1.96%
<br /> Wine Sales 28,891 32,795 (3,904) -11.90%
<br /> LBO Sales 3,812,477 3268,479 543,998 16.64%
<br /> Total Sales 23, 055,115 22,876,203 1 919,822 4.06%
<br /> Net Income(YTD) 1,050204 .7 F
<br /> 1482223 432,019 -29.15%
<br />
|