A real business would have been filing quarterly reports, but I guess we citizens, the so-called 'owners' of this public nightmare, aren't important enough to rate that consideration. It isn't like some clerk is Harrisburg is sitting there with a pull-down adding machine waiting for the mail to be delivered. This is the age of computers. The day after the fiscal year ends, they know what they made within a few tenths of a percent, they know what they spent, and they know what is owed to them. So where is it?
|PLCB - Moving at the speed of early 20th century business.|
Here are my predictions for this past fiscal year:
The PLCB had record sales again. No surprise there with a police enforced monopoly, a growing population and things costing more over time: what else would you expect?
There should be some crowing about record amounts of taxes turned in, but how is that a surprise when sales go up? Tax payments are done by tens of thousands of businesses, but the PLCB is the only one that puts out a press release saying that they did their job. Congratulations, guys.
The PLCB will not have record Net Operating Income or what they call "profits". It went down last year and I'm betting it will go down again this year. You gotta wonder how they can have record sales all the time, but rarely record profits (or 'unwasted use tax', as I like to call it).
Store, Warehouse, and Transportation Costs went up 8% last year and i say they will be up by at least the same amount this year.
Administrative, Alcohol Education, and Support Costs went up 9% last year and they will go up again by 8-10%. Don't even think that was because of the education part, since the total was even more in 2011. Went down after Rep. Turzai started pointing it out and then went back up to what it was. It's going to go up again.
So there you have it. We'll have to wait and see how well my prognostication did whenever the PLCB can figure out how to work those computers.
Until then - keep buying out of state. It's the patriotic thing to do.