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Orange County Alcoholic Beverage Control Board
<br /> Comparative Statement of Net Position
<br /> As of DECEMBER 2025 and 2024
<br /> Assets
<br /> 2025 2024 Variance
<br /> Current Assets
<br /> Cash-Flrst Horizon 3.330,817 2,969,541 361,276
<br /> Cash-513 Bank 183,741. 1,151,438; (967,697)
<br /> Capital Management Trust 1,039,305: 505,302j 533,943
<br /> Cash-Store Change Reserves 17.300 17,100i 200
<br /> Total Cash&Cash Equivalents 4,571,163 4a43,441 (72,278) -1.56%
<br /> Accounts Receivable 3.086' 2,076: 11010
<br /> Prepaid Expenses 194,677. 92,8621 101815
<br /> Distributions(prepaid) 0'.. 0
<br /> Security Deposits 40,736' - 20,7361 20,000
<br /> Inventory 6,003,869 4,956,3981 4T471 0,96%
<br /> Inventory(begs) 68,354 65,401 2,963
<br /> Lease Asset 2,112,828'.. 2,112,82&
<br /> 7,423,550'. ''. 7,250,301'. 173249
<br /> Total Current Assets 11,994,713'. 11.,893,742'. 100.971 0,85%
<br /> Property&Equipment
<br /> Land,buildings&Improvements 13,182,921 13,182,921'.
<br /> Vehicles&Equipment 2.592,137' 2580,620 11,517
<br /> Total Properly&Equipment 15,775,058', 15,763541 11,517
<br /> Less:Accumulated Depreciation (5235,489):. (4735,026) (499,863) i
<br /> Accumulated Lease Amortization 0 039,613) (804,091)f (235,522)
<br /> Net Property&Equipment 9,499,966: 10,223,824'.. (723,868) -7,08%
<br /> Other Assets(Pension)
<br /> Deferred Outgew Asset(OPEB) (21,808) (128,969) 107,161
<br /> Pension DefermislNel Pension Asset 590.591 724227 (133,636)
<br /> Deferred Oulgcws of Resources 323,499 301.,637 21,862
<br /> 892,282 96,895 (4,613) -0.51% _
<br /> Total Assets 22,388951 2$,014,461! (627.510)
<br /> Liabilities and Equity
<br /> Current Liabilities 2025 2024
<br /> Accounts Payable
<br /> Trade 1,632,386, 1,564,272: (21,886)
<br /> Other 128,982 131,384'. (2402)
<br /> 1,661,368. T685,6561 (24,288) -1.44%
<br /> Excise Taxes 752,959'. 795,818! (42,859)
<br /> Other/Sales Taxes 213,440. 224.289, (10,849)
<br /> Payroll Liabilities 112,412: 141.,064'. (29,652)
<br /> Payroll Accruals 131,993: 119,160: 12,833
<br /> Accrued Interest(lease) 1A97 2,924! (1,227)
<br /> 1,212,501 1,284,155'- (71,654) -5.58%
<br /> Other Current Liabil ltles '..
<br /> Net Liability(OPEB) 259,050. 333,847.. (74,797)
<br /> Net Pension Deferral 1,795,523 1,661,271, 114.252
<br /> Deferred l aflows of Resources(Pension 13,608 - 18,437J. (4,829)
<br /> Lease Liability(current portion) 194,883'.. ` 235;665' (40,872)
<br /> 2,283,064 2,269,110 1 (6,046)
<br /> Long Term Liabilities j
<br /> Note Payable(First Horizon) 2,108,189 - 2,267.154. (168,965)
<br /> Long Term Debt Adjustment(lease) 156,854: 166,864. -
<br /> Lease Liability(long term portion) 1,030,366. 1,225,867: (195,501)
<br /> 3,295,409 3,049,875, (364,466)
<br /> Equity -
<br /> BalanceBeglnningoflheyear 13.888,704' 13,905,1K (16,482)
<br /> Add Income(Loss)Year-lo-Dale 65,905. 220.479I (154,574) -70.11%
<br /> Balance End of the Period 13,954,609'. 14.125.665' (171,056)
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<br /> Total Liabilities&Equity 22,366,951!. 23.014.4611 (627,510)
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