Orange County NC Website
Browse       Search
ORANGE COUNTY ABC BOARD <br /> f BE IT ORDAINED by the Orange County ABC Board that the following amend ment be made tot he annual budget <br /> ordinance for the fiscal year ending June 30,2025. <br /> Section 1 To decrease anticipated sales revenues based on year-end performance evaluation. <br /> I. <br /> Increase decrease <br /> Liquor Sales $1,189,515 <br /> Wine/Mixer Sales $30,425 <br /> LBD Sales $286,045 <br /> Working capital retained(Change DRAFT <br /> $1,505,985 <br /> Section 2 To decrease sales-related expenses based on year-end performance evaluation. <br /> increase decrease j <br /> Taxes on retail sales $355,785 <br /> Cost of goods sold $629,905 <br /> Working capital retained(Change in net position) $985,690 ! <br /> ! <br /> Section 3To adjust payroll expenses based on year-end performance evaluation. <br /> increase decrease <br /> Salaries and Wages $293,247 <br /> Payroll Taxes $26,066 <br /> Retirement $22,520 <br /> Group Health Insurance $64,442 I <br /> Retiree's Group Insurance $4,632 <br /> Human Resources/Other Benefits $17,284 ! <br /> 401k $5,093 <br /> Processingfees $235 <br /> I <br /> Working capital retained(Change in net position) $424,255 <br /> j <br /> I <br /> Section 4 To adjust operating expenses based on year-end performance evaluation. <br /> I <br /> Increase decrease <br /> Board Member/Meeting Expenses $1,745 <br /> Rent $7,710 <br /> Lease amortization $9,475 <br /> Repairs&Maintenance(Buildings) $18,835 <br /> Repairs&Maintenance(Equipment) $3,457 <br /> Utilities,Telephone and Internet $121 <br /> Business Insurance $3,649 <br /> Store Supplies and Bags $24,209 <br /> Employee Travel $1,589 <br /> Office Supplies and Expenses $6,215 <br /> Exterior Maintenance Services $5,715 <br /> Contract Service Agreements $5,985 <br /> Postage $308 <br /> Professional Fees(audit and legal) $9,182 <br /> Dues and Subscriptions $1,662 <br /> Credit card Processing Fees $36,975 <br /> I <br /> Page 1 of 2 <br />