|
Commerce News Release
FOR IMMEDIATE RELEASE
August 6, 2001 |
Contact: Bill
Teets at (614) 644-7187 Bill.Teets@com.state.oh.us
or Patty Haskins at (614)
644-2556 |
$102 MILLION IN LIQUOR SALES REVENUE TRANSFERRED
TO THE GENERAL REVENUE FUND IN FY 2001
(Columbus) -- Rae Ann Estep, Superintendent of the Ohio
Department of Commerce, Division of Liquor Control, announced that the division
transferred a total of $102 million in spirituous liquor sales revenue to the
state's General Revenue Fund (GRF) in FY 2001.
"The division was able to increase its GRF transfer this year
thanks to increased dollar sales, improved inventory performance, and reduced
operating expenses," Estep stated. This transfer reflected an increase of $7
million over last year's GRF transfer.
Liquor revenues are used to help fund a variety of needed state
services, which benefit all Ohioans. In addition to the GRF transfer, liquor
revenues are also earmarked for a number of other state services. In FY 2001,
the division transferred:
$15.8 million to the Department of Development for the
retirement of economic development bonds used to fund the state's small business
loan program
$8.7 million to the Department of Public Safety for state liquor
law enforcement
$2.6 million to the Department of Alcohol and Drug Addiction
Services to fund alcoholism treatment, education and prevention programs
statewide
$865,000 to the Department of Health to fund the Alcohol Testing
Program
$570,000 to the Liquor Control Commission to fund its operations
Estep also reported that spirituous liquor dollar sales at the
state's contract liquor agencies reached a record high in FY 2001. Dollar sales
totalled $482.4 million in FY 2001, an increase of $26.5 million, or 5.8
percent, compared to sales in FY 2000. Gallonage sales for FY 2001 totalled 8.57
million gallons, an increase of 84,000 gallons, or 1.0 percent, compared to FY
2000 sales.
"Liquor dollar sales continue to benefit as a result of product
price increases coupled with an ongoing consumer trend toward the purchase of
more premium-priced products, and a slight increase in consumption," Estep
concluded.
The Division of Liquor Control is
responsible for controlling the manufacture, distribution and sale of all
alcoholic beverages in the state. The division sells spirituous liquor through
nearly 400 private, contract liquor agencies in the state. Liquor sales and tax
revenues are returned to the state's General Revenue Fund, and are also
earmarked for a number of other state services
including the retirement of economic development bonds and state
liquor enforcement. Regulatory functions handled by the division include the
issuance of permits to the state's approximately 24,000 privately owned and
operated manufacturers, distributors and retailers of alcoholic beverages, and
industry compliance of the laws relating to the manufacture, importation and
distribution of beer, wine and mixed beverages containing less than 21 percent
alcohol by volume in Ohio.
As one of the state's chief regulatory agencies, the Department
of Commerce is responsible for numerous regulatory functions carried out by its
other divisions of Financial Institutions, Securities, Real Estate, Unclaimed
Funds, Industrial Compliance, Labor and Worker Safety, and State Fire Marshal.
The department's internet address is www.com.state.oh.us