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Our Profits are used for: <br />Reducing the <br />Property Tax Levy <br />Providing Funds for <br />Special Projects <br />Providing Funds for <br />Equipment <br />Purchases for all City <br />Departments <br />The Value of Municipal Liquor Operation Revenue <br />January -June 2017 vs January -June 2018 <br />Increase <br />(Decrease) <br />Sales $59,994.26 <br />Less: Purchases/Cost <br />of Goods Sold $25,190.20 <br />Gross Profit $34,804.06 <br />Operating Expense: <br />Salaries, Wages, <br />Benefits $44,419.06 <br />All Other Expenses ($380.43) <br />Total Operating <br />Expense 44,038.63 <br />Profit from Operations ($9,234.57) <br />Non/Operating <br />Rev/Expenditures $805.49 <br />Net Income ($8,429.08) <br />31