Orange County NC Website
2023 MID YR H End 2025 <br /> GRANGE COUNTY ABC BOARD o,;gnrvf Sudget Budget REVISED <br /> Annuat Budget for Flseai Year 2026 Budget Amendment Amendment Budget <br /> ftz/3r/znz4J 104/10/z0ss7 <br /> Bales; <br /> Liquor5ales 2fi,a19,820 11,1Rg,5151 25,530,305 <br /> Wine/Mixer 34.DOO (30,425) 3,575 <br /> lBD 4,979,195 1286.045) 4693`140 <br /> Gross 5.1. 3L.833.D05 34327,020 <br /> Less:Taxes on Gros.Sales: <br /> Retail Sales 7,ap1,175 (155,7851 7,045,390 <br /> Net Sale.: 24,431,830 23,791,630 <br /> Less:Cost of Bala. <br /> Cost of goods sold(Inc inventory adj,st-ti 16,451,565 (629,905; 15,927,760 <br /> Gross Profit 7,974,165 7.453,870 <br /> Payroll and Related Expc,r¢ <br /> 5alades and Wa6es 2,942,93D (293,2471 2,1549683 <br /> Payroll Taxes 225,135 (25,066) 199,069 <br /> Retirement 345,795 (22.520) 323,275 <br /> Group Health Insurance 578,75D (64,442) 514,308 <br /> Retiree's Group I...mnce 172,000 4,632 176,632 <br /> Human Resources 25,OOO (17,294) 7,716 <br /> 401k 7063C (Sml 65,537 <br /> Precessing fees 9,975 U351 9,740 <br /> Total payroll related espe,F 4,370,215 3,945,9GO <br /> Opaafing Expenses <br /> Board Member/Meeting Expenses(Travel 8,000 1,745 9,745 <br /> Rent 65,000 (7,710) $7.290 <br /> tease amortization 245,11W 19,475) 235,525 <br /> Repairs&Maintenance-Bldg, 42,025 I11000) 1B,635 5D,660 <br /> Repairs&Maintenance-Equip. 24,500 {21131 (3,4571 10.930 <br /> utilities,Telephone.Internet 124,OID 2457 122 125,598 <br /> Business Insurance 103.695 3,649 101.344 <br /> Slane Supplies,Bags&Expenses i95,Onn 124,2091 170.791 <br /> Employee Travel 2,000 11,589) 411 <br /> O1Hce Supplies&"Pe.- 28,500 (5,215) 22,285 <br /> Fatedor Maint.Services 32,000 15,715) 26,225 <br /> S-Re Agreements jWta/HVAC) 115,D00 5,995 170.995 <br /> Postage 4,20D 13m) 3.892 <br /> Profession.1 fees(audit and legal) 30.wn (4C00) (9,1e2) 16,818 <br /> Dues&Subscriptions 4,000 1,662 5,667 <br /> Credit Card Prone„Ing/hank fees 579,05 (7000) (36,9751 534,720 <br /> Training and Education/Meeting 15,Z10D (A,8781 10,172 <br /> Burglar Alarm and Security 7,500 (120) 7,31N) <br /> Vehicle Expense 20,000 (50Da) (1,2231 23,777 <br /> Unit- 2,900 32DO (591) 5,409 <br /> Debt Service Ilntereu Eap) 59,175 171} (135) 58,969 <br /> Interst(le.-d 41,450 (6,B141 34,536 <br /> Cash(Iver/short Sun 50G 591 L591 <br /> Contingencies/Mls 5110 14301 70 <br /> 1,741,360 1,640,145 <br /> operating Income(Lossy 1,854,5eq L.R67.765 <br /> ether Income <br /> Interest Income 2,500 14.950 17.450 <br /> Other In fume 50D l200} 30O <br /> Goln on dhPrn fofonck f-hogse) 5000 S5�o0 <br /> Total Other Income 3,000 22.750 <br /> Net Income Baru.Dl.tdb s 1,857,590 1,890.525 <br /> Statutory Distribution. <br /> law Enforcement 184,000 184,ODo <br /> Alcohol Rehab S.Ed 291,Ona 291000 <br /> 475.0D0 475,D00 <br /> Otaeroi.tdautiena <br /> Orange County-Gen Fund 840,000 940,OOD <br /> Total DkIldihutions 1,315,000 1,315,000 <br /> Net Income After Dlstri)"s 542.590 575,SL5 <br /> Capital Outlay <br /> Warehouse dellvery truck 130,400 263E 133,035 <br /> Security Camera upgrades 25,000 .25000 C <br /> Office computer ., 2,955 <br /> Warehouse desks 5,471 5.471 <br /> Earnest money{property purchase} 20,000 2gno0 <br /> Warehouse racking IG&W) 23975 12) 23,873 <br /> scanner(Store 002:Dalcoml 209D 2,n9D <br /> Shelving)Store 002;Display Options) 4422 4,422 <br /> Shelving 15tore W3;Display Options) 5550 5,690 <br /> Shelving{Store 004,Display Options) 4757 4.757 <br /> ShOW,g{Store 007;Display Options) 3497 3,497 <br /> Shelving(Store OLD;Display Optlons) 5146 5,146 <br /> Debt service(Pdndpal) <br /> First H.,I20B IMebane) 156,855 202 157,057 <br /> Total capital expenses 312,255 397,994 <br /> Other Financing Source. <br /> Appropdated hind halance/prey.years working capital retained J317,255) f55,730) (367,994) <br /> Working Capital F44temiad 191a) <br /> IAppmprialed Fund Balance-Onre1[rtCted) 542,590 543,504 575,515 <br /> Oepredaliort(non-budgefvy item) 435,000 505�469 <br /> 107.590 70,07E <br />