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<br /> Orange County Alcoholic Beverage Control Board
<br /> Comparative Statement of Net Position
<br /> As of March,2023 and 2022 !,
<br /> Attachment"A'
<br /> Assets
<br /> 2023 2022 Variance
<br /> Current Assets
<br /> Cash&Cash Equivalents
<br /> Cash-Trulst 801,545. 2,658,7741, (1,857,229)
<br /> Cash-Roxboro Savings 790,921 1,078,0f41 (20,063)
<br /> Cash++rat Horizon 2,533,627 0' 2,633,627
<br /> Cash-Change Banks 18.000 15,700-, 2.300 I
<br /> Total Cash&Cash Equivalents 4,144 093 3,763 458 390.635 10.41%
<br /> Accounts Recelvable 1,416. 49W (1,500)
<br /> Propold Expenses 188,759 205,335'i. (16,576)
<br /> Security Deposits 20,736 28,706, (8,030)
<br /> Inventory 4,167,239 3,824,989 342,260 8.96%
<br /> Inventory(begs) 71,343 38,595' 32,748
<br /> Lease Asset 2,053 336 1.222.602- 830.734
<br /> 0,602,829 6,323,203 1,179,626
<br /> Total Current Assets 10,848;922'. 9,076,661 1.670,261
<br /> Property&Equipment
<br /> Land,Buildings&Improvements 10,164,865 10149,991!. 15,474
<br /> Vehicles&Equlpment 2,018,971 1;879106T 137,910
<br /> Total Property&Equipment 12,101,836 12,028,462'. 163,384
<br /> Less:Accumulated Deproolation (4,247,075) (3,833,603)'., (413,672)
<br /> Accumulated Lease Amortization (397 910). 0 (391,910)
<br /> Net Property&Equipment 7,536 851' 8:184 9 Q (658,098)
<br /> Other Masts(Pension)
<br /> Deferred Oulflow Asset(DI(DINES) -242,387 293.174.'' 60,787
<br /> Pension Defenels/Not Pension Asset 343,977 288,051 55,926
<br /> Deferred Outflows of Resources 201,166 164,232 36,934
<br /> 302766. 159,109 1�43,6 7
<br /> Construction In Progress(Southern Village) 0 25,430; (26,436)
<br /> Construction In Progress(Mebane) 2,945,204 422.238' 2,523,056
<br /> Total Other Assets 2,945,294, 447,674' 2.497.620
<br /> Total Assets 21,431,BR& 17,878',393 3,563,430
<br /> Liabilities and Equity
<br /> Current Liabilities
<br /> Accounts Payable
<br /> Trade 1,231,096 1,400,904': (169,808)
<br /> Other 111,580 103.933' 7.647
<br /> 1,342,676, 1,604,837' (162161) 40.78%
<br /> Excise Taxes 699,103 566,687 32,416
<br /> Other Taxes 163,023 144,7841 8,239
<br /> Payroll Liabilities 99,744. 100,221 (477)
<br /> Payroll Accruals 32,055 80,218'. (47,660)
<br /> Accrued Interest(lesse) 24,319. 0'. 24,319 j
<br /> 908,044 891,9D71 16,937
<br /> Other Current Liabilities
<br /> Net Llablllty(OPES) 646,056 630,6711 (84,621)
<br /> Deferred Pension Liability 363,462 839,755'. (476,293)
<br /> Deferred Inflows of Resources(Pension) 549,636 38.987 610,649
<br /> Leese Llabllily(current portion) 211.373 132.452 78,921
<br /> 1.6]0 527 1,841871 ! 28,656
<br /> Long Term Liabilities
<br /> Note Payable(Fhsl Horizon) 2,626,364 246,254! 2,380,110
<br /> Note Payable(Oakdale) 0 -108,5781, 108,578
<br /> Nate Payable(TWO) 0 604,223, (604,223)
<br /> Long Term Debt Adjuslmentlaudltor 50,409 0P. (50,409)
<br /> Long Term Debt Adjustment(lease) 41,334 194.934; (163,600)
<br /> Lease Llablllty(long term porllon) 1,662,633- 1,090,150 472,483
<br /> 4,178,922. 2,025 983I 2,152 939 106.27%
<br /> Distributions
<br /> Payable to Lew Enforcement 0 0', _
<br /> Payable to Education 23,882 29,466 (5,584)
<br /> Payable to County 0 (760) 750
<br /> Total CurrentlLT Liabilities 23,882. 28:]16.' (4.034)
<br /> Equity
<br /> Balance Beginning of the year 12,256,768 10,302,856'. 1.953,912
<br /> Add Income(Loss)VeaMo-Dale 1,050,204 1.482223'.. (432 019) -29.16%
<br /> Balance End of the Period 13,308 972 11,785,079. 1,621,893
<br /> Total Liabilities&Equity _ 21,431,823 17.876.393; 3.653,430
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