Orange County NC Website
Browse       Search
ORANGE COUNTY AEC BOARD—AGENDA FORM <br /> Meeting Date: October 21, 2025 Agenda Item#4 <br /> Regular Session X <br /> 3. "Actual to Budget Comparison FY 2026" (Attachment"Page 6"): <br /> I <br /> After the first quarter of the fiscal year, sales were trending approximately -2.58% below <br /> i <br /> those projected. Payroll expenses were approximately -1.87% below those anticipated. Total <br /> operating expenses were 0.61% above those expected. <br /> While income for the year/working capital retained (after depreciation) was significantly <br /> lower than projected for the year,the bulk of the Board's income will be realized during the second <br /> quarter holiday period. <br /> i <br /> 4. "Comparative Statement of Monthly/Year-to-Date Retail Sales by Store" <br /> (Attachment"Page 711): <br /> Chapel Hill North (Store 003) had the greatest decline in retail sales revenues (-$18,217), <br /> although Meadowmont(5) saw the largest percentage decline (-$13,760, -8.53%). <br /> Mebane(Store 004)increased sales (+$3,916,up 1.60%)as did Eno (6),up $3,284 (3.21%) <br /> and Southern Village (8), up $1,341 (2.03%). <br /> Ram's Plaza(Store 002) experienced the largest decline in LBD sales (-$31,288, -4.84%), <br /> followed by Chapel Hill North (3), up $6,679 (82.64%). Carrboro (7) experienced a substantial <br /> increase in LBD sales, up $14,532 (17.61%) <br /> Total bottles sold for the month(150,605) decreased -2,587 (1.69%) from the previous <br /> year. Year-to-date/first quarter retail sales declined -$183,712, (-3.07%)while LBD sales <br /> decreased -$5,100 (448%). <br /> 5. NC Statewide Report of Spirituous Liquor Sales (Attachment"Page 8"): <br /> Of the 27 boards posting sales greater than one million dollars,only five had sales decreases. <br /> Of the eight boards with sales greater than two million, Catawba County ABC's sales declined <br /> -4.81% followed by Orange County ABC (in 14"'place)with-3.27%. <br /> The average variance for the top boards was an increase of 2.43%. The average variance for <br /> all 171 boards was an increase in retail sales of 2.36% and LBD sales of 5.42% for a net increase <br /> of 3%. j <br /> I <br /> i <br /> Action Requested: <br /> 1. Consent Agenda Item. <br /> 2. Review and discuss as needed. <br /> Financial Impact: See Above <br /> Staff Recommendations/Comments: None <br /> Page 2 of 8 pages <br /> I <br />