Orange County NC Website
it <br /> i <br /> Orange County Alcoholic Beverage Control Board <br /> Comparative Statement of Net Position <br /> As of JULY 2025 and 2024 <br /> I <br /> Assets <br /> 2025 2024 Variance <br /> Current Assets <br /> Cash-Twist 0 347,281 (347,201) <br /> Cash-First Hodson 1,038,360 2,664,099 (615,739) <br /> Cash-513 Bank 1,594,907 1.140,362 446,545 <br /> Capital Management Trust 1,021,970 0 1,021,970 <br /> Cash-Store Change Reserve. 18,000 18,000 <br /> Tclel Cash&Cash Equivalents 4,573,237 4. 68,742 504,496 MAO% <br /> Accounts ReceNabl. 250 2,733 (2,483) <br /> Prepaid Expenses 270,055 241,681. 28,374 <br /> Distributions(prepaid) 223,768 2161,187 4,599 <br /> 3ecudty Deposits 40,736 '20,730. 20,000 <br /> Inventory 4,148,775 002,973 (434,198) -9.47% <br /> Inventory(bags) 44,876 ''36 22Y 8,656 <br /> Lease Asset 2,112,828 2112,928. <br /> 6,841,286 7,216,338 (375,062) <br /> I <br /> Total Current Assets -01;414,523 11.285,000, 129,443 <br /> Property&Equipment <br /> Land,Buildings&Improvements 13,108,392 13,182,921. 5,471 <br /> Vehicles&Equipment 2,683,574 '.2460 238. 123,336 <br /> Tolal Property&Equipment 15,771,966 11193t169 128,807 <br /> - Lase:Accumulated Depreciation (5,035,004) (4,589,616) (445,389) <br /> Accumulated Leas.AmoNxe6an (941470) Q0595B)- (235,521) <br /> Not Property&Equipment 9.796.483 10,347.538. (652,103) <br /> Other Assets(Pension) <br /> Defraud Oudcw Asset(OPEB) (128,969) (128,969) - <br /> Pension DeferralsiNel Pension Most 724,227 724227 - <br /> Defamed Outflows of Resources 301.637 "301637. <br /> -806805 -"896.895 - <br /> Total Assets 22.10¢,901 22528,581. 22,106,9D1 <br /> I <br /> Liabilities and Equity <br /> Current Liabilities 2026 2024 <br /> Accounts Payable <br /> Trade 1,547,269 1,055,084 (108,893 -6.66% <br /> Other 141:672 788,343 8,702 <br /> t 668;641 1,780 343. (99,702) 5.58% <br /> Excise Taxes 490.762 5V,,970- (17,208) <br /> Other/Sales Taxes 136,131 138,645 (3,414) <br /> Payroll Llabll0les 126,436 -:47,315 69,121 <br /> Payroll Accruals 111,724 f23 600 - (11'876) <br /> Accrued Interest(i.e..) 2002, 3,116 (1,033) <br /> 866;135 ,:)840,50 26,590 3.04% <br /> I <br /> Other Current Liabilities <br /> Net Liabillity(OPEB) 333,847 333,847 - <br /> Net Pension Deferral 1,681.271 1,,661,211. <br /> Defamed Inflows of Rmmumas(Pension: 18,437 18,437. - <br /> Lease Liability(cumentporion) 221,992 232,367. (10.376) <br /> 2,265,547 "'2,266,922:- (10,375) -0.46% <br /> Long Term Liabilities _ <br /> Note Payable(Flat Hudson) 2,174.085 2.391,870 (167'1%) <br /> Lang Tenn Debt Adjustment(lease) 166,854 156,653 1 <br /> Lease Liability(long tens portlen) 1,a96;800 - 1.324,086 (228,186) <br /> 3,428.339 '3.813,718-, (385,379) <br /> Distributions <br /> Payable to Law Enforcement 0 0 Payable to Education 0 01 - <br /> Payable to County 0 0 <br /> Total Curren6LT Liabilities - 0 0 <br /> Equity <br /> Balance Beginning of the year 13,933,341 13,906,166 28,155 <br /> Add Income(Loss)Year-t Date (65,102) (84,163) 19,051 <br /> Balance End of the Period 13,868,239 13A211033. 47,206 <br /> Total Liabilities&Equity 22.106901 22,529,561 (422,660) <br /> 3 <br />