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The following is a summary of the changes in net position:
<br /> Condensed Statement of Revenue,Expenses,and Changes in Net Position
<br /> $Change %Change
<br /> This Period This Period
<br /> Over Last Over Last
<br /> 6/30/2023 6/30/2022 6/30/2021 Period Period
<br /> Sales $ 31,208,975 $ 30,050,080 $ 27,158,053 $ 1,158,895 3.86%
<br /> Less taxes 7,261,607 6,984,856 6,209,454 276,751 3.96%
<br /> Net sales 23,947,368 23,065,224 20,948,599 882,144 3.82%
<br /> Cost of sales 16,103,177 15,484,994 14,221,193 618,183 3.99%
<br /> Gross profit 7,844,191 7,591,160 6,727,406 263,961 3.48%
<br /> Operating expenses 5,523,118 4,699,373 4,547,785 823,745 17.53%
<br /> Operating income 2,321,073 2,880,857 2,179,621 (559,784) (19.43%)
<br /> Nonopnopererating income
<br /> e
<br /> (expense) 4,467 6,056 1,742 (1,589) (26.24%)
<br /> Change in net position
<br /> before required
<br /> distributions 2,325,540 2,886,913 2,181,363 (561,373) (19.45%)
<br /> Law enforcement and
<br /> education expenses 420,000 403,000 318,700 17,000 4.22%
<br /> Change in net position
<br /> before profit
<br /> distributions 1,905,540 2,483,913 1,862,663 (578,373) (23.28%)
<br /> Profit distributions 700,000 530,000 400,000 170,000 32.08%
<br /> Change in net position 1,205,540 1,953,913 1,462,663 (748,373) (38.30%)
<br /> Net position,beginning 12,256,768 10,302,855 8,840,192 1,953,913 18.96%
<br /> Net position,ending $ 13,462,308 $ 12,256,768 $ 10,302,855 $ 1,205,540 9.84%
<br /> The following is a breakdown of sales by source:
<br /> i
<br /> $Change %Change
<br /> This Period This Period
<br /> Over Last Over Last
<br /> 6/30/2023 6/30/2022 6/30/2021 Year Year
<br /> Retail liquor sales $ 26,045,431 $ 25,433,649 $ 24,871,380 $ 611,782 2.41%
<br /> Retail wine sales 38,237 41,249 44,816 (3,012) (7.30%)
<br /> Mixed beverage sales 5,125,307 4,575,182 2,241,857 550,125 12,02%
<br /> Total Sales $ 31,208,975 $ 30,050,080 $ 27,158,503 $ 1,158,895 3.86%
<br /> The system sold bottles of liquor and wine as follows:
<br /> Bottles Sold Sales Price
<br /> June 30,2023 2,020,888 $ 31,208,975
<br /> June 30,2022 1,971,522 $ 30,050,080
<br /> June 30,2021 1,707,005 $ 27,158,503
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