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 March,2023 and 2022 Attachment"B" <br /> March March $ % <br /> Sales 2023 2022 Variance Variance <br /> RetalkLlquor Sales 2,101,516 1,986,073 115,443 5.81% <br /> WlnelMixers Sales 1,978 - 2,653 (675) -26A4% <br /> -� Commercial/LBDIMixed Beverage-Liquor Sales 481898 454,184 27,714 6.10% <br /> Total Gross Sales 2,685,392 2.442,910 142,482 5.83% <br /> Less Taxes Based on Gross Sales 604,793 572,174- 32,619 5.70% <br /> Net Sales 11980,599 :1,870,736 109,863 5.87% <br /> Less:Cost of Sales tinc.breakageloolsts.) 1,283,495 1,214,273 69,222 5.70% <br /> Gross Profit 697,104 t 656463 40641 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 11,613 11,767 (254) .2.16% <br /> Human Resources 895 198 697 352.02% <br /> NO 401k 7,202 3,440 3,762 109.36% j <br /> Processing fees 511 695 184 -26.47% <br /> Total Payroll&Related 310,307 234,675 75,632 32.23% <br /> Operating Expenses <br /> Board Members/Meeting/Travel fraining 707 - 425 282 66.35% <br /> Rent 4,300 15,224 (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&Maint.(Equip.) 1,974 1,217 757 62.20% <br /> Utilities,Telephone and Internal 8,724 8.139 585 7.19% <br /> Insurance-Business 6,674 6409 165 2.57% <br /> Store Expanses,Supplies and Bags 18,694 14,529 4,165 28.67% <br /> Travel/Mileage Reimbursement 814 814 0.00% <br /> Office/Warehouse Supplies&Expenses 4,992 867 4,125 475.78% <br /> Ext.Maintenance Services 2,527 1,785 742 41.57% <br /> Contract/Service Agreements 7,511 0,733 778 11.56% <br /> Postage 416 842 (226) 0.00% <br /> Professional Services(legal/audit) 1,975 - 4,402 (2,427) -55.13% <br /> Dues/SubscdpllonslLlcenses 303 -302 1 0.33% <br /> Credit Card ProcessinglBank fees 41,516 36,323 5,193 14.30% <br /> Tralning/Education/Meeting 3,036 3,036 100.00% <br /> Burglar Alarm&Security '575 - 575- - 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) 3,548 3.648 100.00% <br /> Cash over/short 176 (121) 297 -245.46% <br /> Contingencies/Misc. 5 _ 98 103 -105.10% <br /> Total Operating Expenses 137,1001 112,659 24,441 21.69% <br /> Total PayrolllOperating Expenses 447,407 347,334 100,073 28.81 <br /> Income from Operations 249,697 309,129 (69,432) -19.23% <br /> I <br /> Other Income <br /> Investment Income 841 186 655 352.15% <br /> Miscellaneous 0.00% <br /> Total Other Income 841 186 655 352.15% <br /> Net Income Before Distributions 250538 309315 (58,777) -19.00% <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 -33,683 1,417 4.22% <br /> Net Income Before Profit Distribution 216,538 275,732 60,194 -21.83% <br /> Profit Distribution: <br /> Orange County-General Fund 58,334 44,167 14.167 32.08% <br /> Net Income(Loss)before depreciation 167,204 231,666 (74,361) -32,11% <br /> 34,726 36,808 <br /> 122,478 194,757 (72,279) -37.11% <br /> i <br /> Year to Date Sales Comparison current) (current) <br /> Sates PY 2023 FY 2022 Change % <br /> Retail Liquor 19,753,747 19,574,019 379,726 1.96% <br /> Wine Sales 28,891 -32,795 (3,904) -11.90% <br /> LED Sales 3,612,477 3,268,479 543,098 16.64% <br /> Total Sales 23,585,116 22,676,203 919,822 4.06% <br /> Net Income(YTD) 1,050,204 Y4B2223 432,019 -29.15% <br /> 4 <br />