Orange County NC Website
i <br /> I <br /> ' Orange County Alcoholic Beverage Control Board <br /> Comparative Statement of Net Position <br /> As of AUGUST 2025 and 2024 <br /> I <br /> Assets <br /> 2025 20M Variance <br /> Current Assets <br /> Cash-Truitt 0 - 245,741 (463,968) <br /> Cash-First Horizon 1,671.969 1,165,263 (516,716 <br /> CaitalM Bank 1,025,636 1,165,263'. 025,636 <br /> Capital Management Trust 7,025,636 6 1,0(1,325 <br /> Cash-Store Change Reserves 18,000 19;325' (1,325) <br /> Total Cash&Cash Equivalents 4.607,378t - 3.842,646 664,832 17.30% <br /> Accounts Receivable 0 2,733. (2,733) <br /> Prepaid Expenses 152,283 227,388: (75,105) <br /> Distributions(prepaid) 111,832 109,084, 2,298 <br /> Security Deposits 40,736 20,736'. 20,000 - <br /> Inventory 4,799,448 4,766.526, 32,922 0.69% <br /> Inventory(bags) 88,980 87,807'.. 1,173 <br /> Lease Asset 2,112,828 21112,828. - <br /> 7,306,157 7,327,602 (21,445) <br /> Total Current Masts 11.813,535. 11;170;i48'. 643,387 <br /> I <br /> Property&Equipment <br /> Land.Buildings&Improvements 13,188,392' 13.182,921'. 5,471 <br /> Vehicles&Equipment 2,583,574 2,465,928I 117,646 <br /> Total Property&Equipment 15,771,966'. _15,648,849' 123,117 <br /> Less:Accumulated Depreclallon 15,073,466)' (4,030,482), (442.984) <br /> Accumulated Lease Amortization (961,106). (725,685)-' (235,521) <br /> Net Property&Equipment 9,737,394 10,292,782I (556,388) <br /> Other Assets(Pension) _ <br /> Defoned Outff.Asset(OPEB) (125.909) (128,969)1. - <br /> Pension Detests/Nei Pension Asset 724,227 724,227 - <br /> Deferred Outflows of Resources 301,637 301.637 - <br /> 896,895 895.095 - <br /> Total Assets 22,44],82A. 2Z,359,&26. 22,447,824 Ali <br /> Liabilities and EquityI' <br /> Current Liabilities 2026 20M <br /> Accounts Payable <br /> Trade 1,838,825 : 1,426,704.. 412,121 28.89% <br /> Other 143,952. 122,396 21,654 <br /> _1,982,I77: 1;549;902. 433,675 2B00% <br /> Excl..Taxes 574,012' 583,192: (9,180) <br /> OlhadSeks Taxes 151,774 156,905. (5,131) <br /> Payroll Liabilities 151,361 133,441 17,920 <br /> Payroll Accraals 44,686 42,427' 2,269 <br /> Accrued Interest 8easa) 2,005. 3,076' (1.071) <br /> 923,838 919�041' 4,797 0.52% j <br /> Other Current Liabilities Net Liability(OPEB) 333,847 333,847'. <br /> Net Penton Deferral 1,681,271' 1,681,271 - <br /> Wanted Inflows of Resources(Pension) 18,437 18,437 - <br /> LeaseLlabllily(currenlportion) 216,592 233,002: (16,410) <br /> 2,250,147 2,266.567: (16,410) A,72% <br /> Long Term Liabilities - <br /> Note Payable(Find Horizon) 2,161,601 2,319,020'. (157,610) <br /> Long Term Debt Adjustment(lease) 158,864 166,81A - <br /> Lease Llabllity(long term podlon) 1,082,353. 1.305,241I (222.688) <br /> 3,400,708 3,781,115. (380,407) <br /> Dlelrlbutlons <br /> Payable to Law Enfemement 0 01 <br /> Payable loEducation 0. 0 Payable to County 0 0' - <br /> TotalCurren6'LT Liabilities 0 0, <br /> Equity <br /> Balance Beginning of the year 13,933,341 13,905,1861 28,155 <br /> Add Income(Less)Year-to-Date (42 987)' (61,176), 18,189 29.73% <br /> Balance End of the Period 13,890,354. 13,844,010'. 46,344 <br /> Total Liabilities&EquBy 22,44T.824 22,359,826: 87,999 <br /> I <br /> 7 <br />