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Lakeville liquor operations report: sales flat, fund transfers supported police debt and equipment

5623157 · January 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The city’s liquor operations reported nearly $22.7 million in sales for 2024, stable year-over-year, increased gross profit, and nearly $1.6 million contributed to city funds including equipment and police station debt service.

The Lakeville liquor department reported on Jan. 21 that 2024 sales were essentially flat with 2023 — $22,700,000 in 2024 versus $22,760,000 in 2023 — while gross profit increased and customer counts rose.

Director Miss Wold told the council that sales per transaction decreased, a retail trend the department expects, while average transaction value was $76. The liquor fund contributed nearly…

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