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 December,2024 and 2023 <br /> December December $ % <br /> Sales 2024 2023 Variance Variance <br /> Retail-Liquor Sales 3,104,430 3.179,545J(27..""'6601) <br /> -2.36% <br /> Wine/Barrels Sales 415 5,307 -92,18% <br /> Commercial/LBD/Mixed Beverage-Liquor Sales 388,694 405,155 -4.06% <br /> Total Sala& 3,493,539 3,690,007 -2.69% <br /> Taxes Based on Gross Sales 802,683 824,990 -2.70% <br /> Net Sales 2,690,856 2,765,017 -2,68% <br /> Cost of Sales(inc.breakage/adists.) 1,860,605 1,907,206 -2.44% <br /> Gross Profit 830,251 857.811 -3.21% <br /> Payroll&Related Expenses <br /> Salaries&Wages 229,633 283,773 (54,140) -19.08% <br /> Payroll Taxes 16.261 20.564 (5,303) -25.80% <br /> Emp Retirement 24,537 31,412 (6,875) -21.89% <br /> Health Insurance 41,024 44.958 (3,934) -8.75% <br /> Retiree Health Ins 14,719 13,512 1,207 8.93% <br /> Human Resources" 643 4,934 (4,291) -86.97% <br /> NO 401k 5,026 5,265 (239) -4.54% 1 <br /> Processing fees 978 837 141 16.85% <br /> Total Payroll&Related 331,811 405,245 73,434 de.i2% <br /> Operating Expenses <br /> Board Members/Meeting/Travel/Training 1,047 425 622 146.35% <br /> Rent 6,950 4,300 2,650 61.63% <br /> Lease Amortization 19,627 19,627 - 0.00% <br /> Repairs&Mainl. (Bldgs) 1,312 1,042 270 25.91% <br /> Repairs&Maint.(Equip.) 303 1,379 11,076) -78.03% <br /> Utilities,Telephone and Internet 9,955 11,295 (1,340) -11.86% <br /> Insurance-Business 8,472 7,622 850 11.15% <br /> Store Expenses,Supplies and Bags 12,222 21,300 (9,078) -42.62% III <br /> Trawl/Mileage Reimbursement - - 0.00% <br /> Of calWarehouse Supplies&Expenses 1,682 903 779 86.27% <br /> Ext.Maintenance Services 1,945 2,382 (437) -18.35% <br /> Contract/Service,Agreements 9,979 91688 391 4.08% <br /> Postage 530 371 159 42.86% <br /> Professional Services 1,046 4,275 (3,229) -75.53% <br /> DueslLicenses/Fees 500 281 219 77.94% <br /> Credit Card Processing/Bank fees 60,184 68,823 (8,639) -12.56% <br /> Training/Education/Meeting 380 380 100.00% <br /> Burglar Alarm&Security 615 735 (120) -16.33% <br /> Vehicle Expense 520 2,087 (1,567) -75.08% <br /> Uniforms 107 - 107 100.00% <br /> Interest(Debt Service) 5,036 6,183 (147) -2.84% <br /> Interest(Leases) 2,923 3,379 (456) -13.50% <br /> Cash over/short 295 170 125 73.53% <br /> Contingencies/Misc. 0 44 44 -100.00% <br /> Total Operating Expenses 145630 ' 165123 19493 -11.81% <br /> Total Payroll/Operating Expenses 477441 570,368 92,927 -16.29% <br /> Income from Operations 352,810 287,443 65.367 22.74% <br /> i <br /> Other Income <br /> Investment income 1,910 416 1,494 359.13% <br /> Miscellaneous* - 0.00% <br /> Total Other Income 11910 416 1,494 359.13% <br /> Net Income Before Distributions 354,720 287,659 66,861 23.23% <br /> Statutory Distributions: <br /> Law Enforcement(5%) 15,334 14,720 614 4.17% <br /> Alcohol Rehabilitation&Education(7%) 24,250 21,750 2,500 11.49% <br /> Total Statutory Distributions 39,584 36,470 3,114 8.54% <br /> Net Income Before Profit Distribution 315.136 261.389 63.747 25.36% <br /> Profit Distribution; i <br /> Orange County-General Fund 70,000 66,667 3,333 5.00 <br /> Net Income(Loss)before depreciation 245136 184722 60,414 32.71% <br /> depreciation(non-budget dam) 42,705 35,007 6,798 18.93% <br /> 202,431 148,815 53,616 36.03% <br /> (profit percentage) 5.79% 4.15% <br /> Year to Date Sales Comparison (current) (current) <br /> Sales FY 2025 FY 2024 Change % <br /> Retail Liquor 13,877,914 t3,968,903 -0.65% <br /> Wine Sales 1,745 31,321 (29,576) -94.43% <br /> LED Sales 2,333,666 2,624,976 191,322) -7.511 <br /> Total Sales 16,213,315 16626,202 311,867 -1.89% <br /> Netlncome fYTD) 220,479 1 549,856 329377 -59.9D% <br /> 4 <br />