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Orange County Alcoholic Beverage Control Board
<br /> Comparative Statement of Net Position
<br /> As of MARCH 2O25 and 2024
<br /> Assets
<br /> 2026 2024 Variance
<br /> Current Assets
<br /> Cesh-Tmlet 0 1,133,70 (1,133,743)
<br /> Cesh-Roxboro Savings(closed) 0 116,965 (116,965)
<br /> Cesh zo-First Horin 1,887,082 2,761,026 (893,944)
<br /> Ceah5/3 Bank 11297,074 0 1,297,074
<br /> Capital Management Trust 510,694 0 610,694
<br /> Cash-Store Change Reserves 17,620 19,715 (2,095)
<br /> Total Cash&Cash Equivalents 3,712,470 4,051,449 (338,979) -8.37%
<br /> Accounts Receivable 718 788 (70)
<br /> Prepaid Expenses 103,370 241,359 (57,9B9)
<br /> Distributions(prepaid) 0 0 -
<br /> Securtty Deposits 40,736 20,736 20,000 j
<br /> Inventory 4,623,214 4,740,117 (116,903) -2.47%
<br /> Inventory(bags) 56,713 45,230 11,483
<br /> Lease Asset 2,112,82E 2,112,828
<br /> 7,017,579 7,161,058 (143,479)
<br /> Total Current Assets 10,730,049 11212,507 (482.456)
<br /> Property&Equipment
<br /> Land,Buildings&Improvements 13,182,921 13,178,936 3,985
<br /> Vendee&Equipment 2,583,574 2,423,646. 159,928
<br /> Total Property&Equipment 16,766,495 16,602,682 183,913
<br /> Less:Accumulated Depredation (4,863,790) (4,398,879) (464,911)
<br /> Accumulated Lease Amortization (862,972) (627,451) (235.521)
<br /> Net Property&Equipment 10,039,733 10,576,252 (636,519)
<br /> Other Assets(Pension)
<br /> Defamed Outflow Asset(OPEB) (128,969) (185,678) 56,709
<br /> Pension Deferrals/Net Pension Asset 724,227 677,608 46,619
<br /> Deferred Outllows of Resources 301,637 254,559 47.076
<br /> 896,895 746,489 150, O6 -
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<br /> Total Assets 21.888.67] 22.606148 (868,571)
<br /> Liabilities and Equity
<br /> Current Llabllliles 2026 2024
<br /> Amounts Payable
<br /> Trade 836,068 1.,340,199. (505.131) -37.69%
<br /> Other 98,907 122,276 (23.388)
<br /> 933,975 1.482474 (528.499)
<br /> Excise Taxes 54%869 598,368 (48,499) -8.11%
<br /> 0therl8ales Taxes 143,494 158,136 (14.642) -9.26%
<br /> Payroll Liabilities 196,210 194,379 1,831
<br /> Payroll Amount; 47,566 44,125 3.441 7.80%
<br /> Accrued Interest(lease) 2,807 3,287 (460)
<br /> 939,946 998,276 (58,329) -5.806
<br /> Other Current Liabilities
<br /> Net ldeblllty(OPEB) 333,847 446,716 (111,871)
<br /> Net Pension Deferral 1,681,271 1,413,742 267,529
<br /> Deferred Inflows of Resources(Pension) 18,437 19,721 (1,284)
<br /> Lease Llablllty(current portion) 237,483 234,964 2,519
<br /> 2271,038 2,114,145 156,893
<br /> Long Term Liabilities -
<br /> Note Payable(First Harbor) 2,227,777 2,386,783 (159.006)
<br /> Long Tenn Debt Adluabnenl(lease) 158,854 154,002 2,852
<br /> Leese Neblltty(long term portion) 11165.916 1.403;440 (237,522)
<br /> 3.650.549 3,944,225. (393.676)
<br /> Distributions
<br /> Payable to Law Enforcement 0 0 - '
<br /> Payable to Education 0 0
<br /> Payable to County 0 0
<br /> Total CurremlLT Liabilities 0 0
<br /> Equity
<br /> Balance Beginning of the year 13,905,186 13,462,308 442,878
<br /> Add Income(Loss)Year-to-Date 85,983 553,821 (487,838) -88.09%
<br /> Balance End of the Period 13,071,169 14,016,129 (44,960)
<br /> Total Liabilities&Equity 21,666,677 2R.636,248 (888,579
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