The Statesville ABC Board has announced the recipients of this year’s Educational Grants. City of Statesville Police Department $45,091Īt the end of FYE21, total local distributions since 1973 have been $14,565,472įor the FYE21 year, $810,124 of our local ABC profits remained in the community.North Carolina Department of Health $5,181.State of North Carolina Liquor Sales Taxes $551,354.State of North Carolina Liquor Excise Taxes $1,904,876.In the 2020-21 fiscal year, the Statesville ABC Board made the following distributions: The net income from liquor by the drink goes to the City of Statesville.ĪBC Boards in the State of North Carolina, after paying taxes and expenses, share their profits with their local community. The first drink served was on Friday June 27, 1986. Liquor by the drink was approved by Statesville voters on May 6, 1986.
North Carolina General Statute 18B-805(e) requires that the entire net income, after deducting amounts required for law enforcement (5% minimum) and alcohol education (7%) minimum and retaining proper working capital, be paid to the following recipients (and percentages): The Statesville ABC Board was organized under the provisions of Senate Bill #1092, Chapter 509 of the North Carolina Legislature, General Assembly of 1973, and implemented by a City wide election held September 11, 1973.