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<br /> Orange County Board of Alcoholic Beverage Control �
<br /> Comparative Statement of Revenues,Expenses and Changes in Net Position
<br /> For the month of May,2023 and 2022 Attachment"B" j
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<br /> May May $ %
<br /> Sales 2023 2022 Variance Variance
<br /> Retail-Liquor Sales 2,134.703 1,986,605 149,158 7.51%
<br /> WlnelMlxem Sales 3,964 3,383 581 17.17%
<br /> Commercial/1-BD/Mixed Beverage-Liquor Sales 470,207 416.698. 53,509 12.84%
<br /> Total Sales 2,008,054 2,405,606 203,248 8.45%
<br /> Less Taxes Based on Gross Sales 609,521 5611,417 48.104 8.57%
<br /> Not Sales 1,999,413 ,1*4.269: 165,144 8.41%
<br /> Less:Cost of Sales(Inc.breakage/adjsts.) 1,385,888 1,208.514 177,374 14.68%
<br /> Gross Profit 613525 635.755`. 22230 -3.50%
<br /> Payroll&Related Expenses
<br /> Salaries&Wages 196,255 168,259 27,996 16.64%
<br /> Payroll Taxes 13,441 11,849' 1,592 13.44%
<br /> Emp Retirement 19,138 15,723 3,415 21.72%
<br /> Health Insurance 42,672 33,868. 8,864 26.22%
<br /> Retiree Health Ins 11,512 11,767. (255) -2.17%
<br /> Human Resources 2,009 11 67' 1,942 2898.51%
<br /> NC 401k 4.857 5,600 (643) -11.69%
<br /> Processing fees 679 1 w 92 15.67%
<br /> Total Payroll&Related 990,563 247,560 43003 17.37%
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<br /> Operating Expenses
<br /> Board Members/Meating/TraveUTraming 497 -. 425� 72 16.94%
<br /> Rent 4,124 25,924. (21,797) -84.09%
<br /> Lease Amortization 20,507 - 20,507 100.00%
<br /> Repairs&Maim. (Bldgs) 7,396 18,175 (10,779) -59.31%
<br /> Repairs&Malnt.(Equip.) 4,257 '- 885- 3,372 100.00%
<br /> Utilities,Telephone and Internet 13,088 5,545 7,543 136.03%
<br /> Insurance-Business 7,044 16,40Q: 635 9.91%
<br /> Store Expenses,Supplies and Bags 18,660 12,232, 6,268 51.24%
<br /> Travel/Mileage Reimbursement ` 4 4 0.00%
<br /> OtBce/Warehouse Supplies&Expenses 2,955 1,650 11305 79.09%
<br /> Ext.Maintenance Services 1,909 T 607 1,302 214.50%
<br /> Contrac;VServIce Agreements 7,511 .6,73a 778 11.56%
<br /> Postage 342 342 0.00%
<br /> Professional Services(legal/audit) 1,975 4,402. (2,427) 55.13%
<br /> DuesiSubscriplionsfUcenses 303 302. 1 0.33%
<br /> Credit Card Processing/Bank fees 45,191 37.880 7.311 19.30%
<br /> Training/Education/Meeting 1,707 164`: 1.543 100.00%
<br /> Burglar Alarm&Security 575 2 575 0.00%
<br /> Vehicle Expense 936 .1,152: (216) -18.75%
<br /> Uniforms 304 1 304 0.00%
<br /> Interest(Debt Service) 4.906 3,965 1,921 62.68%
<br /> Interest(Leases) 3,475 3,476 100.00%
<br /> Cash over/short (400) 1'. 62: (462) -745.16%
<br /> Contingencies/Misc. 15 15 30 -200.00%
<br /> Total Operating Expenses 147,201 126,169: 21.032 16.67%
<br /> Total Payrol00perating Expenses 437,764 $73,129, 64,035 - 17.13%
<br /> Income from Operations 175,761 262,026- (86.265) -32.92%
<br /> Other Income
<br /> Investment income 732 1 171' 561 328.07%
<br /> Miscellaneous _ 0.00%
<br /> Total Other Income 732 7 "171 561 328.07
<br /> Net Income Before Distributions 176,493 282,197 (85,704) -32.69%
<br /> Statutory Distributions:
<br /> Law Enforcement(5%) 14,000 13834.. 166 1.20%
<br /> Alcohol Rehabilitation&Education(7%) 21,006 19,750_ 1,250 6.33
<br /> Total Statutory Distributions 35000 33,584 1,416 4.22%
<br /> Net Income Before Profit Distribution 141,403 228,613E 87,120 -38.11%
<br /> Profit Distribution:
<br /> Orange County-General Fund 58,333 44,167 14.166 32.07%
<br /> Net Income(Loss)before depreciation 83.151 184,446. (101,286) 54.91%
<br /> deprectatlon 38,063 36,857 Ali
<br /> 45,097 147,589 (102,492) .69.44%
<br /> Year to Date Sales Comparison (current (current) i
<br /> Sales 9Y 2023- FY2022- 1 Change %
<br /> Retail Liquor 23,939;984 23,511,43ti 1 428,648 1.62%
<br /> Wine Sales 30,2891 38,742: (2,461) -6.35%
<br /> LSD Sales 4,742,428 '4,166,440,1 672,979 13.74%
<br /> Total sales 20718,693 27,719,62T.1 999.066 3.60%
<br /> Net Income(YTD) 1,14601T: 1740320 ::: 594,303 -34.15%
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