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 MAY 2025 and 2024 <br /> MAY MAY $ % <br /> Sales 2025 2024 Variance Variance <br /> j Retail-Liquor Sales 2,109,983 2,129,601 (19,518) -0.92% <br /> Wine/Barrels Sales 13 918 (905) -98,58% <br /> CommerclaULBDUxed Beverage-Liquor Sales 424,551 473,117 48,566 -10.27% <br /> Total Sales 2,634,647 2.603.536 (68,989) .2.65% <br /> Taxes Based on Gross Sales 590,435 608,241 17,806 -2.93% <br /> Net Sales 1,940.112 1,995,295 51,183 .2.57% <br /> Cost of Sales(fnc.breakage/atlfsts.) 1,324,773 1,3B4674 69901 -4.33% <br /> Gross Profit 24.44% 619,339 610,621 8,718 1.43% <br /> Payroll&Related Expenses <br /> Salaries&Wages 223,526 232,067 (8,641) -3.68% <br /> Payroll Taxes 14,348 15,776 (1,428) -9.05% <br /> Emp Retirement 23,676 24,623 (947) -3.85% <br /> Health Insurance 38,185 51,328 (13,143) -25.61% <br /> Retiree Heath Ins 14,719 13,512. 1,207 8.93% <br /> Human Resources' 346 1,000 (654) -65.40% <br /> NC 401k 6,010 5,429 (419) -7.72% <br /> Processing fees 703 737 34 -4.61% <br /> Total Payroll&Related 320,513 W,472. 23,959 -6,96% <br /> Operating Expenses <br /> Board Members/MeetimpTravellTraining 900 425 475 111,76% <br /> Rent 4,780 4,300 480 11,16% <br /> Lease Amortlza(lon 19,627 19,627 - 0.00% <br /> Repairs&Maim. (Bldgs) 1,037 1,498 (461) -30.77% <br /> Repairs&Malnt.(Equip.) 1,543 777 766 98.58% <br /> Utllitles,Telephone and Internet 10,944 11,294 (340) -3.01% <br /> Insurance-Business 9,198 8,472 726 8.57% <br /> Store Expenses,Supplies and Bags 12,673 9,983 2,690 26.96 <br /> Tmvel/Mileage Reimbursement - 0.00% <br /> Office/Warehouse Supplies&Expenses 412 '385 27 7.01% j <br /> Ext.Maintenance Services 2.091 1,556 535 34.38% <br /> Contract/Service Agreements 9,776 9,901 (125) -1.26% <br /> Postage 215 200 15 7.50% <br /> Professlonal Services(office) 1.046 1,776 (729) 41.07% <br /> DueslLlcenseslFeas 501 285 216 75.79% <br /> Credit Card Processing/Bank fees 43.923 41,186 2,737 6.65% li <br /> Training/EducatlontMeeting 398 1.,613 (1,116) -73.69% <br /> Burglar Alarm&Security 615 630 (15) -2.38% <br /> Vehicle Expense 1,918 759 1,159 152.70% <br /> Uniforms - - 0.00% <br /> Interest(Debt Service) 4,742 6,250. (508) -9.68% <br /> Interest(Leases) 2,729 0,191 (462) -14.48% <br /> Cash over/short - 172 (172) -100.00% <br /> ContingencleslMlsc. 3 32 35 -109.38% <br /> Total Operating Expenses 129071 123,137 5,934 4.82% <br /> Total Payroll/Operating Expenses 449,584 467,609 18,025 -3.86 <br /> 1 <br /> Income from Operations 169,755 143,012 26,743 18.70% <br /> i, <br /> Other Income <br /> Investment income 2,346 1,583 763 48.20% <br /> Miscellaneous' 60 60 0.00% <br /> Total Other Income 2,406 1,583 823 51.99% <br /> Net Income Before Distributions 6,79% 172,161 144,595 27,566 19.06% <br /> Statutory Distributions:, <br /> Law Enforcement(6%) 15,333 14,719 614 4.17% j <br /> Alcohol Rehabilitation&Education(7%) 24,250 21,750 2,600 11.49% <br /> Total Statutory Distributions 39,583 36,469 3,114 8.54% <br /> Net Income Before Profit Distribution 132,678 108;126 24,452 22.61 <br /> Profit Distribution: <br /> Orange County-General Fund 70,000 67,500 2,500 3.70% <br /> Net Income(Loss)before depreciation 02,578 40626 21,952 54.03% <br /> deprecletlon(non-budget item) 42,819 40,136 2,683 6.68% <br /> 10,759 490 19,269 <br /> (netprofilpementage) 0.78% 0.02% <br /> Year to Date Sales Comparison (current) (current) <br /> Sales FY 2025 FY 2024 Change <br /> Retail Liquor 23,625,451 24,188,305 1 (562,854) 1�23�3�uWine Sales 3,651 30,511 (26,960)LED Sales 4,360,322 4,697,017 337,596 Total Sales 27,989,324 28,916,733 927,409 <br /> Net Income(YTD) 78,832 508,155 429,323 -84.49% <br /> 0.26% 1.76% <br /> 4 <br />