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Orange County Alcoholic Beverage Control Board
<br /> j Comparative Statement of Net Position
<br /> As of JANUARY 2026 and 2025
<br /> Assets
<br /> 2026 2025 Variance
<br /> Current Assets
<br /> Cash-First Horizon 2419,507: 1,684,3071 735,200
<br /> Cash-513 Bank 178,410'I 1,140,413'., (971,003)
<br /> Capital Management Trust 1,042496: -507,204i 635,291
<br /> Cash-Store Change Reserves 17,286 18,000i (714)
<br /> Total Cash&Cash Equivalents 3,657,698'. 3,368,924'' 298,774 8.89%
<br /> Accounts Receivable 1,652 1,612''.. 40
<br /> Prepaid Expenses 217,246 237,651 (20,405)
<br /> Distributions(prepaid) 223,766'. - 219,167'. 4,599
<br /> Security Deposits 40,736'. 20,7361, 20,000 Ali
<br /> Inventory 4,664333-: 5360;488i (696,155) -12.99%
<br /> Inventory(bags) 62,658 64,292' (1,634)
<br /> Lease Asset 2112,828'.. 2,112,828
<br /> 7,323,219', 8,016,774', (693,556)
<br /> Total Curtest Assets 10980,917. 11,375,698: (394,781) -3.47%
<br /> Property&Equipment
<br /> Land,Bulldings&Improvements 13,182 921".. 13,182,921
<br /> Vehicles&Equipment 2,592,137' 2,580,620' 11,517
<br /> Total Property$Equipment 15,775,058j 15,763,541 11,517
<br /> Less:Accumulated Depreciation (5,276182)': (4778,331)I (497,851)
<br /> Accumulated Lease Amortization (1,059,238) _ (823;716) (235,521)
<br /> Net Property&Equipment 9439,637- 10,161,492' (721,855) -7.10%
<br /> Other Assets(Pension)
<br /> Deferred Outflow Asset(OPEB) (21,808): (128,969),, 107,161
<br /> Pension Defermis/Nel Pension Asset 590,591 724,227' (133,636)
<br /> Defamed Outflows of Resources 323499 -.301,637 21,862
<br /> 892.282 896,895+, (4,613) -0.61% I.
<br /> Total Assets 21.312.836 22.434,085: (1,121,249)
<br /> Liabilities and Equity
<br /> Current Liabilities 2025 2024
<br /> Accounts Payable -
<br /> Trade 1,003,690 1,482,977'i. (479,287) -32.32%
<br /> Other 97.027, 111,475i (14448)
<br /> 1,100,717', 1..594,462, (493,735)
<br /> Excise Taxes 507155. 504,7581 2,397
<br /> Other/Sales Taxes 136212- 132,6491 3,553
<br /> Payroll Llabllitles 144,533'. 164,386: (19,853)
<br /> Payroll Accruals 45,508 95,4941 (49,986)
<br /> Accrued Interest(lease) 1,620 2.884! (1,204)
<br /> 835,028' 900,171 (65,143) -7.24%
<br /> Other Current Liabilities
<br /> Net Liability(OPEB) 259050 333,847'i (74,797)
<br /> Net Pension Deferral i 795 523 1.681.271 114,262
<br /> Deferred Inflows of Resources(Pension 13,608 18437: (4,829)
<br /> Lease Liability(current portion) 189,428 1 236,197 (46,769)
<br /> 2,257,609 2,269,752 I (12,143) '..
<br /> Long Term Liabilities
<br /> Note Payable(First Horizon) 2,094868. 2253;9991 (169,131)
<br /> Long Term Debt Adjustment(lease) 156,854'. 156,85411
<br /> Lease Liability(long term portion) 1 015 774 1,205 924 (100,150)
<br /> 3267496 3,616,777' (349,281)
<br /> Equity
<br /> Balance Beginning of the year 13888704' 13905,18W (10,482)
<br /> Add Income(Loss)Year-to-Dale 147,7471 (184,465) -124.85^/0
<br /> Balance End ofthe Period 13,861 988 14,06� (200,947)
<br /> Total Liabilities$Equity 21.3726836 22,434.0851 (1,121,249)
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