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Orange County Alcoholic Beverage Control Board
<br /> Comparative Statement of Net Position
<br /> As of September,2023 and 2022
<br /> Attachment"A"
<br /> Assets
<br /> Currant Assets 2023 2022 Vanished
<br /> Cash&Cash Equivalents
<br /> Cash-Tmist 620,060 943,414: (317,364)
<br /> Cash-Roxboro Savings 391.837 926,033- (534,196)
<br /> Cash-Fimt Horizon 2,624,132 1,948.071 676.061
<br /> Cash-Change Banks 16000 15.700'. 2,300
<br /> Total Cash&Cash Equivalents 3,660029 3.833218 (173189) 4.52%
<br /> Accounts Receivable 1,355 5,982: (4,627)
<br /> Prepaid Expenses 167,568. - 136,165'. 31,403
<br /> Distributions(prepaid) 0 0'
<br /> Security Deposits 20,736 20,736'
<br /> Inventory 4,984,009 4,274,635I 709.474 16.60%
<br /> Inventory(bags) 31,227 69,560: (28,333)
<br /> Lease Asset 2,112,828 2053.336; 59,492
<br /> 7.317,723 6,550,314'. 767,409
<br /> Total Current Assets 10,877:752 10.383 532' 594,220
<br /> property&Equipment
<br /> Land,Buildings&Improvements 13,131,027 10,149,392. 2,981,635
<br /> Vehicles&Equipment _ 2,179,632 1,890640:' 289.092
<br /> Total Property&Equipment 15,316,659 12,039,932' 3270,727
<br /> Less:Accumulated Depreciation (4,178,391) (4;041,496)I (136,895)
<br /> Accumulated Lease Amortization (509690) (275626' (234,064)
<br /> Net Property&Equipment 10.622578 7,722,810 2,899,768
<br /> Other Assets(Pension)
<br /> Deferred Ouglow Asset(OPEB) -185,678 -242,387 56,709
<br /> Pension Deferrals/Net Pension Asset 677,608 343,977 333,631
<br /> Deferred Outflows of Resources 264559 201,166'.. 63.393
<br /> 746,489. 302,756 443,733
<br /> Construction in Progress(Southern Village) 0 33.310. (33,M)
<br /> Construction In Progress(Mebane) 0 2,299525` (2,288526)
<br /> Total Other Assess 0 2,332,835 (2,332 8351
<br /> Total Assets _22,346,818 20,741,933 8 1, 04,888
<br /> Liabilities and Equity
<br /> Current Liabilities
<br /> Accounts Payable j
<br /> Trade 11369.908 1,143,205 226,643
<br /> Other 118,274 171,348 (63,074)
<br /> 1,468,182: 1,314,613.. 173,669 13.19%
<br /> Elected Taxes 601,599 688,574 13,026
<br /> Other Taxes 164.836 150,604' 4,231
<br /> Payroll Liabilities
<br /> 19,649 31,432'. 63,935
<br /> Payroll Accmals 1
<br /> Accrued Interest(lease) 43.491 22, 14,203
<br /> ,070 0 (16679)
<br /> 924.941 848,126 76.815 9.06%
<br /> Other Current Liabilities
<br /> Net Liabllity(OPEB) 446,71B 646,056< (tD0,336)
<br /> Deferred Pension Liability 1,413,742 363,482'. 7(100,338
<br /> Deferred Inflows of Resourban(pension) 18,721 649,6363,462 ,050,280
<br /> Lease Liability(current portion) 916)
<br /> 231,241 202197 29,044 j
<br /> 2,110;422 �1;6�6',3g1 449,071
<br /> Long Term Liabilities
<br /> Note Payable(First Horizon) 2,462,955 1,968;OT8' 474.877
<br /> Note Payable(Truisl) 0 988,078 (474,877
<br /> Long Term Debt Adlustment(lease) 164,000 567,602 51,602
<br /> Lease Liability(long tams portion) 478
<br /> 1.519,134 1.675622. 11563388
<br /> 4,M 091 4,360,]26. (2P4 6361 -5.15%
<br /> Distributions
<br /> Payable to Law Enforcement 0 125 (125)
<br /> Payable to Education 0 27,274 (27,274)
<br /> Payable to County 0 0
<br /> Total CurrenOLT Liabilities 0 E7,399. (2]399)
<br /> Equity
<br /> Balance Beginning of the year 13,462,308 12,256,788. 1,206,640
<br /> Add Income(Less)Veer-to-Date 224,875 272,950 (48,075) -17.61%
<br /> Balance End of Period _ 13,687,183 12�528,718. 1.157,465
<br /> Total Liabilities&Equity 22346819 20 741933 1,604,886
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<br /> 3
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