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 June,2023 and 2022 Attachment"B" <br /> l <br /> June June $ % <br /> Sales 2023 2022 Variance Variance <br /> _ Retail-Liquor Sales 2,105,638 1,922,420 183,218 9.53% <br /> WInelMixers Sales 1,956 2,607 (551) -21.98% <br /> j Commercial/LBD/Mixed Beverage-Liquor Sales 382,880 405,732 22,852 5.63% <br /> Total Sales 2,490,474 2,330,669 159,816 6.86% ! <br /> Less Taxes Based on Gross Sales 577,745 543,538 34,207 6.29% <br /> Net Sales 1,912,729 1,787,121 126,608 7.03% <br /> Less:Cost of Sales(Inc.breakage/ad)sts.) 1,316863 1,196,840 120,023 10.03% i <br /> Gross Profit 595.866 690,281 5.685 0.95% i <br /> Payroll&Related Expenses <br /> Salaries&Wages 193,654 162,229 31,425 19.37% ' <br /> Payroll Taxes 13,786 11,605 2,181 18.79% <br /> Emp Retirement 19,892 114,689 5,203 35.42% <br /> Retirement Fund(per GASS 66) (58,504) <br /> Health Insurance 43,021 32,992 10,029 30.40% <br /> Retiree Health Ins 11,513 159,084 (147,561) -52.76% <br /> Retiree OPEB lloibllty adjustment (135,408) <br /> Human Resources 1,317 233 1,084 465.24% <br /> NC 401k 4,921 5,146 (225) 4.37% <br /> Processing fees 689 601 1 88 14.64% <br /> Total Payroll&Related 288,793 192,647 96,146 49.91 <br /> Operating Expensesil <br /> Board Members(Meeting/TraveVTraining 425 425 - 0,00% <br /> Rent 4,300 (138,982) 143,282 -103.09% <br /> Lease Amonintlon 20,507 216,382 (195,876) 100.00% <br /> Repairs&Malnt. (Bldgs) 4,477 1.040 3,437 330.48% <br /> Repairs&Malnt.(Equip.) 490 9,555 (9,065) 100.00% <br /> Utilities,Telephone and Internet 3,382 :8,205. (4,823) -58.78% <br /> Insurance-Business 7,472 6,409 1,063 16.59% <br /> Store Expenses,Supplies and Bags 13,862 14,730 (868) 5.89% <br /> Travel/Mileage Reimbursement - '- - 0.00% <br /> Office/Warehouse Supplies&Expenses 3,883 891 2,992 335.80% <br /> Ext.Maintenance Services 2,397 3,702 (1,305) -36.25% <br /> Contract/Service Agreements 7,743 6,733 1,010 16.00% <br /> Postage 29 655 (626) 0.00% <br /> Professional Services(legallaud6) 1,974 4,668 (2,694) -57.71% <br /> Dues/SubscrlpllcniVI-kenses 3,903 302 3,601 1192.38% <br /> Credit Card Processing/Bank fees 43,422 35,874 7,648 21.04% <br /> Training/Education/Meeting 537 537 100,00% <br /> Burglar Alarm&Security 575 575 - 0.00% <br /> Vehicle Expense 1,663 533 1,130 212.01% <br /> Uniforms 118 118 0.00% <br /> Interest(Debt Service) 5,410 3,618 1,792 49.53 <br /> Interest(Leases) 3,438 42,552 (39,114) 100.00% <br /> Cash overlshort (296) (75) (221) 294.67% <br /> Contingencies/Misc. 25 Soil105 -131.25% <br /> Total Operating Expenses 129,736 217,712 87,978 -40.41°A <br /> Total Payroll/Operating Expenses 418,529 410,359 8,170 1.99% <br /> Income from Operations 177,337 179,922 (2,565) -1.44% li <br /> Other Income <br /> Investment income 577 164 413 251.83% <br /> Miscellaneous - 0.00% <br /> Total Other Income 577 164 413 251.83% <br /> Net Income Before Distributions 177,914 180,086 (2,172) -1.21 <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 36,000 33,683 1.417 4.22% <br /> Net Income Before Profit Distribution 142,914 146,503 3,589 -2.45% <br /> Profit Distribution: <br /> Orange County-General Fund 5B,334 44,166 14.168 32.08% <br /> Net Income(Loss)before depreciation 84,580 102,337 (17,757) -17.35% <br /> depreciation 44,762 36,857 <br /> 39.828 65,480 (26,662) -39.18% <br /> i <br /> Year to Date Sales Comparison current (current) _ <br /> Sales FY 2023 FY 2022 Change % <br /> Relall Liquor 26,045,623 - 26,439,856 611,767 2.41% <br /> -- Wine Sales 38,237 41;429 (3,192) -7.70% <br /> LBD Sales 5,126,307 4,575,181 660,128 12.021 ! <br /> Total Sales 31,2091167 30,060,466 1,158,701 3.88% j <br /> Met In.a(YTD) 11185,846 4,806,799 619,953 -34.33% <br /> 4 <br />