Orange County NC Website
1 <br /> Orange County Alcoholic Beverage Control Board <br /> Comparative Statement of Net Position <br /> As of JUNE 2026 and 2024 <br /> Assets <br /> Current Aaseb <br /> 2025 2024 Variance <br /> - <br /> Cash-Tmlat '205,514 (295,514) <br /> Cash-Flout Horizon 1,882,733 2.622.,891 <br /> Cash513 Bank 1,647,494 1.143,248 (404,248) <br /> Capital Management Trust 1.,018,317 : 0 1.018,317 <br /> Cash-Store Change Reserves 10,000 `;18,000. <br /> Total Cash&Cash Equivalents 4,468,544 f4 079,651. 386,093 9,48% <br /> Accounts Receivable 2,782 2,733 49 <br /> Prepaid Expenses 173,576 ':175.023 (1,447) <br /> Dlstributlons(prepaid) 0 '0 <br /> S.curlty Depaslts 40,736 20,738 20,000 <br /> Inventory 3,663,707 4040,133 (370,366) 432% <br /> Imenlory(begs) 46;120 3T,011 9,109 <br /> Leese Asset 2112820 2,412,828 - <br /> 610391809 8,38BA04: (348,655) <br /> Total Current Asaeh 0�508;363 10y468.115 3B,238 <br /> Property&Equipment <br /> Lend,Bulldlugs&Improvements 13,188.392 73182,921 5,471 <br /> Vehicles&Equipment 2.683,574 2460.00 123,336 <br /> Total Propady&Equipment 15,771,966 15,643,159 128,807 <br /> Less:Accumulated Depreciation (4,992104) (4 Aa a43) (443,341) <br /> Accumulated Leas.Amortization (921,852) (686331). (236621) <br /> Not Property&Equipment 9,85T,930 10,407.986. (660,055) <br /> Other Assets(Pension) - - <br /> Deluged Outflow Assat(OPEB) (128,069) (128,960). <br /> Pension Defenals/Net Pension Asset 724,227 ;.:724,227I. <br /> Deferred Oulfaws of Resources 301,037 361,637. <br /> 896,89 4a96,Bute - <br /> Total A...ts 21.261,178 21.7]2,90G 21,281,178 <br /> Liabilities and Equity <br /> Current Liabilities 2025 2024 <br /> Accounts Payable <br /> Trade 686,962 782440 (05,448) <br /> Other 81,410 102535 (21,125) <br /> 788,372 8B4,996. (110,573) 43.17% <br /> Excise Taxes 495,324 'i 549,498, (54,174) <br /> OtheH891es Taxes 133,717 148300 (14,583) <br /> Payroll Liabilities 115,507 69,602: 40,005 <br /> Payroll Accounts 95,696 -:`160,368 (4,769) <br /> Accrued late..[(lease) 2,159 1 3,163: (994) ! <br /> : 842,303 870;818' (28,515) -3.27% <br /> Other Current Llebllltl.s - <br /> NetLlability(OPEB) 333,847 -333,047' - <br /> NetPenelonDermal 1,681,271 11681271 - <br /> DeferredInflowsofResources(Pension) 18,437 18,417 <br /> Lease Uabllify(cuonl portion) 227,381 231,734 (4,30) <br /> 2,200,036 2265,289' (4,30) -0.19% <br /> Lang Tom Liabilities i <br /> Note Payable(First Horizon) 2,180,153 2:,345210 (157,057) <br /> Long Tenn Debt Adjustment(lease) 166,854 156,054 - <br /> LeaseLizbllity(longtermpodlon) 1,111,219 '1,344,691 (236472) <br /> 3,458,226 3:846755 (390529) <br /> Distribution. <br /> Payable to Law Enforcement 0 0 <br /> Payable to Education 0 0 - <br /> Payable laCrumb, 0 0' <br /> Total Current/LT Liabilities - p 0. <br /> Equity <br /> Balance Beginning of the year 131965,186 13,462,308 442,878 <br /> Add lncame(Loss)Ye..ft-Date 28.156 -442878 (414,723) <br /> Balance End of the PmWd 13,933,341 13,905,186 28165 <br /> Total Llabllltles&Equity 21.2&1.178 :21772,993 (611.816) <br /> I <br /> 3 <br />