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Orange County Alcoholic Beverage Control Board
<br /> Comparative Statement of Net Position
<br /> As of NOVEMBER 2025 and 2024
<br /> Assets
<br /> 2025 2024 Variance
<br /> Current Assets
<br /> Cash-Trulsl 0'. 3,754 (3,754)
<br /> Cash-First Horizon 2.818,744'. 2.005,681, 813,163
<br /> Cash-5/3 Bank 69,764 1,152,3391 (1,082,585)
<br /> Capital Management Trust 1.036,009'. 503,452 532.557
<br /> Cash-Store Change Reserves 18,551'. 18,0001 551
<br /> Total Cash&Cash Equivalents 3,943,058 - 3,683,126: 259,932 7.06%
<br /> Accounts Receivable 4791'. 765 4,038
<br /> Prepaid Expenses 80,493 186,283; (105,790) -56.79%
<br /> Distributions(prepaid) 111.883: 109,584i 2,299
<br /> Security Deposits 40,736. 20,73& 20,000
<br /> Inventory 5,165,098'. 5,211 293 (46,195) -0.89%
<br /> Inventory(bags) 73.624' 71,062' 2,562
<br /> Lease Asset 2,112,828. 2.112,828i
<br /> 7.589,453'.. 7;712,535P (123,086)
<br /> Total Current Assets 11,532,511 i1,395,68& 138,846
<br /> Property&Equipment
<br /> Land,Buildings&Improvements 13,182,92E 13,182;821'. -
<br /> Vehicles&Equipment 2,592.137. 2,562,798:' 29,339
<br /> Total Property&Equipment 15,775,058'. 15,745,719 29,339
<br /> Less:Accumulated Depreciation (5,194,797)' (4,692,921)'. (501,876)
<br /> Accumulated Lease Amortization (1.019986): (784,465)I (235521)
<br /> Net Property&Equipment 9.560.275I 10.268,333• (708,058)
<br /> Other Assets(Pension)
<br /> Deferred OulOew Asset(OPEB) (21,808) (128,969):. 107,161
<br /> Pension Deferrals/Net Pension Asset 590,591 724,227' (133,636)
<br /> Deferred Outflows of Resources 323,499 301,637 21,862
<br /> 892,282 896,896 (4,613)
<br /> Total Assets 21,985,068 22,660,893' (575,825)
<br /> Liabilities and Equity
<br /> Current Liabilities 2025 2024
<br /> Accounts Payable
<br /> Trade 1,493,891. 1.460,465• 33,426
<br /> Other 126.445' 121.365'' 5,080
<br /> 1,620,336: 1,581,830' 38,506 2.43%
<br /> Excise Taxes 597,101 677.893" (80,792)
<br /> Other/Sales Taxes 160,606. 184,402. (23,716)
<br /> Payroll Liabilities 141,146'. 140,074: 272
<br /> Payroll Accruals 108,430 98,486' 9,944
<br /> Accrued Interest(lease) 1.774 - 2.961 (1,187)
<br /> E009;137 1,104 616� (95,479) -8.64%
<br /> Other Current Liabilities -
<br /> NetLiabilily(OPEB) 259.050. - 333,847' (74,797)
<br /> Nel Pension Defenal 1,795.523' 1,681,271 114,252
<br /> Deferred Inflows of Resources(Pension) 13,608 '' 18.437 (4,829)
<br /> Lease Liability(current portion) 200,326 234,915I (34,889)
<br /> 2.268,507 2j268!470! 37
<br /> Long Term Liabilities
<br /> Note Payable(First Horizon) 2.121.937 2,280,1201 (158,183) -6.94%
<br /> Long Term Debt Adjustment(lease) 156,854 156,854!
<br /> Lease Liability(long term portion) 1,044,929 1,245,770: (200841) j
<br /> 3.323,720'. 3,682,7441 (359,024)
<br /> Equity
<br /> Balance Beginning of the year 13,888,704 - 13,905,186' 43,383)
<br /> Add Income(Loss)Period Gate ,763,36) 18;047 1 (143,383)
<br /> Balance End of the Period 13,763,3fi8: 13,gp3,p 3 (159,865)
<br /> Total Liabilities&Equity 21,986060' 22.560893 (575,825)
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