ABC Board expects increase in liquor sales
Published 11:39 am Wednesday, August 5, 2020
The Tyrrell County Alcoholic Beverage Control (ABC) Board anticipates that liquor sales in the Columbia store will amount to $506,522 this fiscal year, up from the estimated $457,070 for the year that ended June 30, the board’s budget document shows.
Actual sales in 2018-19 were $475,926.
Mixed beverage sales (liquor sales to restaurants and other establishments that sell mixed drinks) amounted to $1,613 in 2018-19, was estimated at $1,301 for the year just ended, and is expected to be $1,500 this year.
Expenses for the current year are expected to be up from those in 2019-20. Taxes paid to the state, based on revenue, is budgeted at $126,640. The cost of liquor to be sold is $278,000. And operating expenses — salaries and wages, employee benefits, utilities, building maintenance, etc — $87,542. Payments on new building construction loan is $15,370.
Distributions to law enforcement is set at $445, and alcohol education and rehabilitation is $625.
The total balanced budget for 2020-21 comes to $508,622.
Carl Willis is chairman of the ABC Board; Trey Liverman and Charles Swain are members. David Clegg is clerk and finance officer.