Orange County NC Website
ORANGE COUNTY ABC BOARD <br /> Annual Budget for Fiscal Year 2026 <br /> Sale.: <br /> Liquor Sales 25,950,000 <br /> Wine/Mixer Soo <br /> LBO 4,650,000 <br /> Gross Sales 30,600,500 <br /> L...:Trum.on Oros.Sales: <br /> TaxpsRA FT )108495 I <br /> Net Sales: <br /> 23,492,00E <br /> L...:Cost . <br /> Cost of goods sold(in..Inventory adjustments) 15,942,865 <br /> i <br /> Gross Profit$ 7,549,140 <br /> Payroll and Related Expense. <br /> Salaries and Wages 2,755,670 <br /> Parcel Taxes 205,675 <br /> Retirement(13.64%In 2025) 340,090 <br /> Group Health Insurance 529,02E <br /> Retiree's Group Insurance(actuarial) 185,wo <br /> Human Resources 10,000 <br /> 401k 67,000 <br /> Pmceesingfess 9,850 <br /> Total payroll related expenses 4,102,310 <br /> Operating E,...an <br /> Board Memher/Meeting Expoomes/Travel 10,200 <br /> Rent 58,435 <br /> Lease amortization 235,525 <br /> Repairs&Malmonance-Bldgs 44,000 <br /> Repairs&Maintenance Equip, 23,000 <br /> Utlilles,Telephone,Internet 125,000 <br /> Buslness Insurance 113,785 <br /> Store Supplley Bags&Expenses 165,000 <br /> Employee Travel 500 <br /> Office supplies&Expenses 20,000 <br /> Extortion Ma1n45ervlces 28,000 <br /> Service Agreements(D.ta/HVAC/Grants) 122,000 <br /> Faster. 3,900 <br /> Professional Fees(audit and legal) 19,800 <br /> Dues&Subscriptions 5,500 <br /> Credit Card ProcessIng/bank fees 535,000 <br /> Training and EducaHOn(Human Resources) 10,000 <br /> Burglar Alarm and Security 7,500 <br /> Vehicle Expense 15,000 <br /> Uniforms 3,000 <br /> Debt SumAce(Interest Exp) 54,315 <br /> Interest(Wo.) 30,000 <br /> Cash over/short San <br /> Contingencies/Mlle. EDD <br /> 1,630,460 <br /> Operating Income 2,816,370 <br /> Other Income <br /> Interest Income 30,000 <br /> Other Income 1,500 <br /> 31,500 <br /> Net Income Before Distributions 1,84),8]0 <br /> Statutory Distributions <br /> law Enforcement 200,000 <br /> Alcohol Rehab&Ed 261,000 <br /> 461,000 <br /> Other Olstribuflons <br /> Orange County General Fund 891,600 <br /> Total Distributions 1,342,600 <br /> I <br /> Net Income After Dlslrlb`s 505,270 <br /> Capital Gulley <br /> Property Purchase 300,000 <br /> 300,000 <br /> Debt Service(principa) <br /> Flist Reflect(Mebane) 162,000 <br /> 162,COo <br /> Working Capital Reduction(Appropriated Fund Balance) (462,000) <br /> Working Capital Retained <br /> (Appropriated Fund Balance-Unrestricted) 505,270 <br />