ABC Board Budget Document FY12-13
New Hanover County ABC Board
BUDGET DOCUMENT
Fiscal Year 2012 - 2013
The following budget establishing revenues and setting expense appropriations is hereby adopted
and effective July 1, 2012 and ending June 30, 2013.
Section 1. Estimated Revenues. It is estimated that the revenues listed below will be available during the
fiscal year beginning July 1, 2012 and ending June 30, 2013 to meet the operations and functional appropriations
as set forth in Section 2, in accordance with the chart of accounts prescribed by the NC ABC Commission.
Estimated Revenues:
Sales$ 33,584,437
Other Income 9,824
Total Estimated Revenues$ 33,594,261
Section 2. Appropriations. The following expenses are hereby appropriated for fiscal year 2012 - 2013 and are
funded by the revenues made available through Section 1, herein.
Appropriations:
StoresAdministrativeWarehouseTotal
Taxes Based on Revenues$ 8,182,233$ 8,182,233
Cost of Goods Sold$ 16,939,838$ 16,939,838
Operating Expenses
Pay and Related$ 1,994,151$ 428,617$ 254,743$ 2,677,511
Alarm Service 4,120 424 - 4,544
Board Member-Per Diem - 9,000 - 9,000
Breakage 3,129 - 360 3,489
Cash Short (Over) 1,681 - - 1,681
Charge Card Fees 302,730 - - 302,730
Dues & Subscriptions - 3,940 - 3,940
Insurance-General 54,504 15,456 5,352 75,312
Janitor - 4,200 - 4,200
Legal & Audit - 31,248 - 31,248
Licenses & Other Taxes 108 192 60 360
Maintenance Agreements 39,024 16,344 - 55,368
Merchandise-Short (over) 4,936 - - 4,936
Miscellaneous/Contingency - 120,000 - 120,000
Postage - 1,848 - 1,848
Professional Services 7,964 5,098 - 13,062
Repairs & Maintenance-Buldings 33,312 3,468 - 36,780
Repairs & Maintenance-Equipment 6,636 480 1,608 8,724
Approved
6/19/2012Page 1
Retirees' Health Expense (Paid out) - 34,108 - 34,108
Supplies-Admin - 10,716 - 10,716
Supplies-Stores and Warehouse 57,996 - 3,600 61,596
Telephone & Internet 40,440 3,720 - 44,160
Training & Education - 7,300 1,109 8,409
Travel-Board - 13,100 - 13,100
Travel-Other - 6,875 500 7,375
Utilities 73,171 4,335 - 77,506
Vehicle Expense - 3,885 5,689 9,574
Total Operating Expenses 2,623,902 724,354 273,021 3,621,277
StoresAdministrativeWarehouseTotal
Capital Outlay:
Delivery Vehicle - Warehouse 61,000 61,000
Information Tech-Enhancements/Replacements 25,000 25,000
Inventory Scanners 20,000 20,000
Buildings-Reserve-major equipment 40,000 40,000
Building-Distribution Center/LBD/Admin 2,555,950 2,555,950
Total Capital Outlay 20,000 2,620,950 61,000 2,701,950
Debt Service/Lease:
Not Applicable -
-
000 -
Estimated Expenditures Before Dist 27,765,973 3,345,304 334,021 31,445,298
Distributions:
Local 3.5% Tax 823,493
Local $0.01 & $0.05 Bottle Tax 108,969
Alcohol Law Enforcement 480,000
Local Mixed Beverage Surcharge 839,459
Profit Distributions - County & Municipal 1,628,942
Rounding error 1
Total Distributions 3,880,864
Working Capital Retained (Appropriated Fund Balance - Unrestricted) (1,731,900)
Total Expenses, Distributions & Working Capital Retained 33,594,261
Section 3. Copies of this Budget Document shall be furnished to the New Hanover County Board of Commissioners,
the North Carolina ABC Commission, and to the Budget Officer and Finance Officer to be kept on file by them for their
direction in the disbursement of funds.
Adopted by the New Hanover County Alcoholic Beverage Control Board this 19th day of June 2012.
Approved
6/19/2012Page 2