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The Office of the State Auditor annually publishes a report analyzing the operation of municipal liquor stores in the State. The
<br />most recent year of published information is for the year ended December 31, 2014. The statewide averages for all operations are
<br />summarized below.
<br />$8,000,000
<br />$7,000,000
<br />$6,000,000
<br />$5,000,000
<br />$4,000,000
<br />$3,000,000
<br />$2,000,000
<br />$1,000,000
<br />Municipal Liquor Fund Operations Summary
<br />Sales, $6,753,521 Sales, $6,823,719 Sales, $6,972,614
<br />1:
<br />GP 30.3% GP 30.4% GP 29.6%
<br />-
<br />14.2% 16.9% 15.2%
<br />2013
<br />2014
<br />2015
<br />Gross profit Cost of sales ♦ Sales (Operating expenses -I--hlcome before transfers
<br />Sales increased consecutively the past three years, while gross profit and operating income decreased slightly in 2015. The gross
<br />profit percent of the City for the last three years of 30.3 - 29.6 percent remains above the state-wide average. Also, the City's
<br />percentage of income before transfers of 14.2, 16.9, and 15.2 for 2013, 2014, and 2015, respectively, is significantly above the
<br />statewide averages.
<br />People
<br />BIXIS
<br />e dthe
<br />-13- Nurrlbers
<br />Off Sale
<br />2012
<br />2013
<br />2014
<br />Percent
<br />Percent
<br />Percent
<br />of Sales
<br />of Sales
<br />of Sales
<br />Sales
<br />100.0 %
<br />100.0 %
<br />100.0 %
<br />Cost of sales
<br />74.2
<br />74.0
<br />73.9
<br />Gross profit
<br />25.8
<br />26.0
<br />26.1
<br />Operating expenses
<br />16.5
<br />16.9
<br />17.1
<br />Operating income
<br />9.3
<br />9.1
<br />9.0
<br />Nonoperating revenue (expense)
<br />(02)
<br />(03)
<br />0.0
<br />Income before transfers
<br />9.1 %
<br />8.8 %
<br />9.0 %
<br />Source: Analysis of Municipal Liquor Store Operations, for the year ended December 31, 2014.
<br />Published by the Minnesota Office of the State Auditor
<br />$8,000,000
<br />$7,000,000
<br />$6,000,000
<br />$5,000,000
<br />$4,000,000
<br />$3,000,000
<br />$2,000,000
<br />$1,000,000
<br />Municipal Liquor Fund Operations Summary
<br />Sales, $6,753,521 Sales, $6,823,719 Sales, $6,972,614
<br />1:
<br />GP 30.3% GP 30.4% GP 29.6%
<br />-
<br />14.2% 16.9% 15.2%
<br />2013
<br />2014
<br />2015
<br />Gross profit Cost of sales ♦ Sales (Operating expenses -I--hlcome before transfers
<br />Sales increased consecutively the past three years, while gross profit and operating income decreased slightly in 2015. The gross
<br />profit percent of the City for the last three years of 30.3 - 29.6 percent remains above the state-wide average. Also, the City's
<br />percentage of income before transfers of 14.2, 16.9, and 15.2 for 2013, 2014, and 2015, respectively, is significantly above the
<br />statewide averages.
<br />People
<br />BIXIS
<br />e dthe
<br />-13- Nurrlbers
<br />
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