RD985 - Virginia Alcoholic Beverage Control Authority, a Component Unit of the Commonwealth of Virginia, Annual Comprehensive Financial Report for Fiscal Year Ended June 30, 2025


Executive Summary:

The success of the Commonwealth can be tied to its leaders, numerous agencies and authorities, and its many state employees. The continued efforts of these dedicated individuals help ensure that Virginia remains a great place to work, live and raise a family.

Virginia ABC fills an important role in positively impacting the state’s economy. It operates 401 stores — from the Eastern Shore to Jonesville in the far western tip of the state. The authority’s 4,406 teammates show up for work every day to operate a 315,000-square-foot distribution center, ensure a positive customer experience in our stores and provide administrative support and leadership from our headquarters.

During fiscal year 2025, the authority sold 6.4 million cases of distilled spirits, Virginia wines and mixers resulting in $1.5 billion in gross revenue (including license fees and taxes) and a $628.1 million transfer to the Commonwealth’s general fund. With more than 3,264 items on ABC’s active price list, shoppers still preferred vodka (with 24.6% of cases sold), tequila (17.1%) and straight bourbon whiskey (12.6%.) The authority introduced 294 new products with 75 size extensions. Virginia ABC’s website had 28.2 million total users with 114,439 online orders placed.

Its Bureau of Law Enforcement oversaw 19,387 licensed establishments and processed 2,388 new license applications, 20,115 renewals and 25,174 one-day and special-event licenses. A sworn staff of 100 men and women handled 2,803 criminal incidents and conducted 3,856 underage buyer checks. ABC’s Hearings, Appeals and Judicial Services managed 710 requests for hearings with more than half settled by expedited consent. The Office of Legal Counsel handled 125 negotiated resolutions and provided representation in 22 formal Board hearings and 11 Board appeals.

Community health and engagement remained a priority for the authority with initiatives such as the Miss Virginia School Tour, Community Dashboards and a myriad of publications targeting adults, health professionals and students of all ages. These and other efforts resulted in more than 11 million touch points.

Virginia ABC continued to make a difference. I salute its employees and leaders on another successful year. Cheers.

/s/ Tim D. Hugo
Virginia ABC Chairman