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<br /> Orange County Alcoholic Beverage Control Board
<br /> Comparative Statement of Net Position
<br /> As of November 2024 and 2023
<br /> Assets
<br /> 2024 2023 Vadancs
<br /> Current Assets
<br /> Cash-Tmist 3.754 794,108 (790,354)
<br /> Cash-Roxboro Savings(owed) 0 369,864 (389,864)
<br /> Cash-First Horizon 2,005,581 2,808;505 (802.924)
<br /> Cash-W Bank 1,152,339 0 1,152,339
<br /> Capital Management Tmst 503,452 0 503,452
<br /> Cash-Store Change Reserves 18,000 18,000
<br /> Total Cash&Cash Equivalents 3,683.126 4.010,477 (327,351) -8.16%
<br /> Accounts Receivable 753 788 (35)
<br /> Prepaid Expenses 186.283 lm,650 1.633
<br /> Distributor.(prepaid) 109,684 103,130 6.446
<br /> Security Deposits 20,736 20.736 -
<br /> Inventory 5,211,293 5,225,585 (14,295) -0,27%
<br /> Inventory(bags) 71,062 69,006 7,056
<br /> Lease Asset 2,112.028 2,112,82E -
<br /> 7,712,539 7,711,732 607
<br /> Total Current Assets 11,395.665 ii,]22,209 (328,544)
<br /> Property&Equipment
<br /> Land,Buildings&Improvements 13,162,921 13.131,027 51.894
<br /> Vehicles&Equipment 2,582,798 2.182427 380.371
<br /> Total Property&Equipment 115 45,71. 16:313!454 432.285
<br /> Less:Accumulated Depreciation (4,692,921) (4,250,157) (442,764) li
<br /> Accumulated Lease Amonizaton (784,485) (348,844) (235,521)
<br /> Net Property&Equipment 10,268.333 10,514,353 (246,020)
<br /> Other Assets(Pension)
<br /> Deferred Outflow Asset(OPEB) (128,969) (185,676) 56,709
<br /> Pension DeferralaMel Pension Asset 724,227 677,806 46,819
<br /> Deterred Outflows of Be sources 301,637 25A,559 47,078
<br /> 896,89 1 00,Me
<br /> Total Assets 22,660,893 22,983,051 (422,158)
<br /> Liabilities and Equity
<br /> Current Liabilities 2024 2023
<br /> Accounts Payable
<br /> Trade 1,460,465 1,767,939 (307,474) ATM%
<br /> Other 12l,365 131,420 (10,055)
<br /> 1.58t 830 - 1,899,359 (317,529) -16,72%
<br /> Excise Taxes 877,893 688,456 11,437 1]2%
<br /> ONerlSales Taxes 104,402 178.721 5,681 3.18%
<br /> Payroll Liabilities 140.874 101,920 38,954
<br /> PayrollAccru is 98,485 85,655 12,831
<br /> Accrued Interest(lease) 2951 3,416. (455)
<br /> 1ACT616 1.036,168 68.448 6.61%
<br /> Other Current Liabilities -
<br /> NetLiability(OPEB) 333,847 445.718 (111.871)
<br /> Net Pension Deferral 1,861,271 1,413,742 267,529
<br /> Wound Inflows of Resources(Pension) 18,437 19,721 (1,284)
<br /> Lease Liability(current actual 234,915 232,477 2,438
<br /> 2.268470 2,111856 156,612
<br /> Lang Term Liabilities
<br /> Note Payable(First Horizon) 2,2BO,t20 2,437,792 (157,672)
<br /> Long Ten Debt Adjustment(lease) 156,854 154,002 2,852
<br /> Lease Liability(long term portion) 1.245,770 1.480.723 (234,953)
<br /> 3,882,744 4.072;51] (389.773)
<br /> Distributions
<br /> Payable to Law Enforcement 0 0 Payable to Education 0 a I
<br /> Payable to County 0 0
<br /> Total Counse A.T Liabilities 0 0
<br /> Equity
<br /> Balance Beginning of the year 13,905,186 13,462,308 442,878
<br /> Atltl Income(Loss)Yeer-to-Data 18.047 4011,041 (382,994) 55.50%
<br /> Balance End of the Period 13.923,233 13.863,349 59,884
<br /> Total Liabilities&Equity _ 22,560,893 22.983.051 4(22.158)
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