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Sales and Revenue

2020 annual report

2020 Annual Report

In a year underscored by pervasive uncertainty as a result of the pandemic, fiscal year 2020 was a record-breaking reporting cycle for Virginia ABC with $1.2 billion in revenue and $545.3 million disbursed to the commonwealth’s general fund. While change occurred throughout the fiscal year, one thing remained constant—the dedication of ABC employees to demonstrate the authority’s values: accountability, service, integrity and performance excellence.

View the 2020 annual report (PDF) for a breakdown of the distribution of profits and taxes for each locality and other financial information.

Benefiting the Commonwealth

Virginia ABC has four main sources for revenue: sales of distilled spirits at stores, state-imposed taxes collected on beer and wine sales, violation penalties and license fees.

As one of 17 states that control the distribution of distilled spirits, Virginia shares the common goal of safely and responsibly administering the sale and distribution of alcoholic beverages. Virginia ABC's accredited Bureau of Law Enforcement works to ensure that adults who choose to responsibly consume alcohol can do so in a safe environment—one that operates in compliance with the laws and regulations of the commonwealth.

The significant social benefits of Virginia’s model of controlled distribution of distilled spirits goes beyond the money transferred to the general fund—Virginia ABC continues to lead the commonwealth in alcohol education and prevention initiatives and offers training and materials for use by employees of licensed establishments and communities. In addition, ABC provides thousands of dollars in grant funding for prevention and education programs focused on enhancing community coalitions and developing initiatives at colleges and universities throughout the commonwealth.

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Virginia ABC has contributed more than $11.4 billion to the commonwealth to support state services, including substance abuse prevention and treatment.

Strategic Plan

Annual Reports