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<br /> Orange County Alcoholic Beverage Control Board
<br /> Comparative Statement of Net Position
<br /> As of DECEMBER 2024 and 2023
<br /> Assets
<br /> 2024 2023 Variance
<br /> Current Assets
<br /> Cash-Truist 0 861 (868,837)
<br /> Cssh-Roxboro Savings(closed) 0 344.209 (344,209)
<br /> Cash-First Nei 2,969,541 3.317,873 (348,132)
<br /> Cash-5/ Bank 1.151,438 0 1,151,438
<br /> Capital Management Trust 505,362 a 505.362
<br /> Cash-Store Change Reserves 17.100 18,000 (900)
<br /> Tots]Cash&Cash Equivalents 4,643 441 -4.548 719 94.722 2.08%
<br /> Accounts Receivable 2,076 7811 1,288
<br /> Prepaid Expenses 02,862 101 (12.934)
<br /> Distributions(Prepaid) 0 0 -
<br /> Security Deposits 20.736 20.736
<br /> Inventory 4,956,398 4.007,613 148,785 3.09%
<br /> Inventory(bags) 65,401 54,507 10,894
<br /> Leese Asset 2,112,828 2,112.826 -
<br /> 7,250,301 7,102,268 148,033 j
<br /> Total Current Assets 11,893 742 -N.650,967 242.755
<br /> Property&Equipment
<br /> Lentl,BUIWings$Improvements 13A62,921 13,170,827 12,094
<br /> Vehicles&Equipment 2,5B0,620 2,188,698 391,922
<br /> Total Property&Equipment 15,763,641 15,359,525 404,016
<br /> Less:Accumulated Depreciation (4,735,626) (4,286,%4) (449,562)
<br /> Accumulated Lease Amortization (804,091) (568,570) (235,621)
<br /> Net Property&Equipment 10,22 8824 10.504,891 (261.067)
<br /> Other Assets(Pension)
<br /> Deferred Outflow Asset(OPEB) (128.969) (185,078) 55,709
<br /> Pension DefenalslNet Pension Asset 724.227 677,808 46,619
<br /> Defamed Outflows of Resources 301.837 254.569 47,078
<br /> N,885 .746,.E 550,406
<br /> Total Assets 23,014,461 22.902,387 112,084
<br /> Liabilities and Equity
<br /> Current Llabili6es 2024 2023
<br /> Accounts Payable
<br /> Trade 1,554272 1.330,707 223,485 16.70%
<br /> Other 131,384 135,786 (4.402)
<br /> 1,685,656 1,466.573 219,083 1494%
<br /> Excise Taxes 795.818 817,809 (21,991) -2,69%
<br /> Olher/Seles Taxes 224,289 230,199 (5,010) -2.57%
<br /> Payroll Liabilities 141,964 121,738 20.226
<br /> Payroll Accroals 119,160 97,792 21,368
<br /> Accrued Interest(lease) 2,924 3.370 (455)
<br /> 1,284.1 5 1.270.917 13,230 1.04%
<br /> Other Current Liabilities
<br /> Net Liability(OPEB) 333.847 445,718 (111,871)
<br /> Net Pension Defenal 1,681.271 1,413,742 267,629
<br /> Deferred Inflows of Resources(Pension) 18,437 19,721 (1,284)
<br /> Lease Liability(current portion) 235,555 233,097 2.458
<br /> 2,269.110 2.112278 156.832
<br /> Long Term Liabilities
<br /> NOW Payable(First Hor¢on) 2,267,154 2,424,973 (157,819)
<br /> Long Term Debt Adjustment(is ase) 156,854 154002 2.852
<br /> Lease Liability(long tens pouter) 1,225,867 1461,460 (235,593)
<br /> 3.649,875 4:040:435 (390,560)
<br /> Distributions
<br /> Payable to taw Enforcement 0 0 Payable is Education 0 0
<br /> Payable to County 0 0 _
<br /> Total Curren91-T Liabilities 0 0
<br /> Equity
<br /> Balance Beginning of the year 13,905.186 13,462,308 442,876
<br /> Add Income(Loss)Yeamo-Date 220,479 549.856 (329,377) 39.90%
<br /> -- Balance End of the Period 14d25,665 14,012,164 113.501
<br /> Total Liabilities&Equity 23,014,461 22,908367 112,094
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