SNOW HILL — With the Sunset Provision on the horizon, the Worcester County Department of Liquor Control (DLC) is predicting a loss of about 25 percent of wholesale business when the provision comes into effect this July.
It’s a big hit to the department, but less than the county initially feared and the expectation is that buying from the county will still be important for many alcoholic beverage license holders in Worcester.
DLC Director Bobby Cowger reviewed the coming change to how wholesale will work in the county this week at Tuesday’s Worcester County Commission budget work session. When the Sunset Provision kicks in July 1, licensees will no longer be obligated to buy all of their wholesale liquor through the DLC as they are currently and have been for decades. This will likely lead to a loss of about $2.6 million in wholesale revenue, or 24.8 percent, from last year’s $10,642,500 for an anticipated total of $8 million in wholesale revenue for FY15, according to Cowger’s budget.
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More taxes on the horizon!
ReplyDeleteSimply cut 24.8% of the employees, rent a 24.8% smaller warehouse, and you're still collecting the taxes from the sales, so you'll be making more now!
ReplyDeleteThat was easy...
The only people that need the LCB are the people that work at the LCB.
ReplyDeleteCan anybody say Obamacare?
ReplyDeleteThey are going to lose much more retail since they moved out of their best location on 17th street in OC.. I still can't find them. Ostensibly it was because they wanted to disassociate themselves from the never charged "terrorists." Extremely poor business decision based on allegations.
ReplyDelete