|
i
<br /> i
<br /> i Orange County Alcoholic Beverage Control Board
<br /> Comparative Statement of Net Position
<br /> As of OCTOBER 2025 and 2024
<br /> I
<br /> Assets
<br /> 2025 2024 Variance
<br /> Current Assets
<br /> Cash-Trulst 301,257'. (301,257)
<br /> Cash-First Horizon 1,375 310 1 466,276 (0,966)
<br /> CasIF5/3 Bank 1,223840. 1153,165 70,676
<br /> Capital Management Trust 1,032692 501,559 531,133
<br /> Cash-Slore Change Reserves 18770. IS000 770
<br /> Total Cash&Cash Equivalents 3,650.612 3,430,257 220,355 6.42%
<br /> i
<br /> Accounts Receivable 953 936, 17
<br /> Prepaid Expenses 120,072. 207,608'!. (87,436
<br /> )Distributors(prepaid) 223,767 219,167't. 4,600
<br /> Security Deposits 40,736 20,7W 20,000
<br /> Inventory 4.958,022 5,258,728'. (300,706) -6.72%
<br /> Inventory(bags) 81,054 73,695'. 7,459
<br /> Lease Asset 2,112,828 2,112,828:
<br /> 7,537,432, 7,893,498 (356,066)
<br /> Total Current Assets 11,788,044 11,323;755'.. (135,711)
<br /> I
<br /> Property&Equipment
<br /> Land,Buildings&Improvements 13,182,921 13,204,257'. (21,336)
<br /> Vehicles&Equipment 2,592,137. 2,468,018: 124,119
<br /> Total Property&Equipment 15,775,058. 15,672,2751, 102,783
<br /> Less:Accumulated Depreciation (5,154,105)' (4,712,641)', (441,464)
<br /> Accumulated Lease Amortization (1,000,359)', (764,838)!, (235,521)
<br /> Net Property&Equipment 9,620,594. 10,194,796'. (674,2D2)
<br /> Other Assets(Pension)
<br /> Deferred Outflow Asset(OPEB) (21,808) (128,969)1 107,161
<br /> Pension Defenals/Net Pension Asset 590,591 724.227 (133,636)
<br /> Deferred Outflows of Resources 323499 . 301,637 21,862
<br /> 892282 896,895 (473)
<br /> Total Assets 21,700,920 21,700,920
<br /> Liabilities and Equity
<br /> Current Liabilities 2025 2024
<br /> Accounts Payable
<br /> Trade 1,152,724' 1,448,487'. (296,763)
<br /> Other 115,654 104446 11,208
<br /> 1,268,378 L552.033' (284,556) -18.32%
<br /> Excise Taxes 619,453' 628,950j (7,497) j
<br /> Other/Sales Taxes 160,364 163;320`! (2,956)
<br /> Payroll Liabilities 122,257 83,542: 38,715 j
<br /> Payroll Accruals 73,005 58;911'. 14,094
<br /> Accrued Interest(lease) 1,851 3,000', (1,149)
<br /> 976.930 935,723. 41,207 4.40%
<br /> Other Current Liabilities
<br /> Net Liability(OPEB) 259,050 333,847' (74,797) I
<br /> Net Pension Deferral 1,795,523. 1,6812711 114,252
<br /> Deferred Inflows of Resources(Pension) 13,608 18,437 (4,829)
<br /> Lease Liability(current portion) 205,759 234,276 (28,517)
<br /> 2,273,940 2,267,831 6,109
<br /> Long Term Liabilities
<br /> Note Payable(Firm Horizon) 2.134.898 2,293;069' (168,161) -6.90%
<br /> Long Term Debt Adjustment(lease) 156,854 156,I3541 -
<br /> Lease Liability(long term portion) 1,059,463 1,265,633'.. (206,170)
<br /> 3,351,215 3,715;54R. (364,331)
<br /> i
<br /> Equity
<br /> Balance Beginning of the year 13,888,704 13,905,186: (16,482)
<br /> Add Income(Loss)Year-lo-Date (58,247). 38227, (96,474) -252.37% j
<br /> Balance End of the Period 13,830,457. 13,943,413. (112,966) j
<br /> Total Liabilities&Equity 21,700,920 22,416;448'I (714,526)
<br /> 3
<br />
|