Orange County NC Website
Browse       Search
Orange County Alcoholic Beverage Control Board <br /> Statement of Revenue,Expenses, and Changes in Net Assets <br /> Year Ended June 30, 2023 <br /> 2023 <br /> Operating Revenue <br /> Liquor Sales -Regular $ 26,045,431 <br /> Mixed Beverage Sales 5,125,307 <br /> Wine Sales 38,237 <br /> Total Gross Sales 31,208,975 <br /> Deduct Taxes on Gross Sales <br /> i <br /> State Excise Tax 6,760,808 <br /> Mixed Beverage Tax(Revenue) 393,894 <br /> Mixed Beverage Tax(Human Resources) 39,389 <br /> Rehabilitation Tax 67,516 <br /> Total Taxes 7,261,607 j <br /> Net Sales 23,947,368 <br /> Deduct Cost of Sales <br /> Cost of Liquor Sold 16,083,743 <br /> Cost of Wine Sold 19,434 <br /> 16,103,177 <br /> Gross Profit on Sales 7,844,191 <br /> Deduct Operating Expenses <br /> i <br /> Store Expenses 3,574,196 <br /> Warehouse and Delivery Expenses 411,251 <br /> Administrative Expenses 878,632 <br /> Depreciation and Amortization Expenses 659,039 <br /> Total Operating Expenses 5,523,118 <br /> Income From Operations 2,321,073 <br /> Non-Operating Revenues and Expenses <br /> Other Income—Miscellaneous 4,467 <br /> Total Non-Operating Revenues(Expenses) 4,467 <br /> i <br /> Change in Net Assets Before Distributions 2,325,540 <br /> Deduct: <br /> Law Enforcement 168,000 <br /> Alcohol Education 252,000 <br /> Change in Net Assets Before Profit Distributions 1,905,540 <br /> I <br /> 1 <br /> I <br />