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Sales and Revenue

2021 Annual Report Carousel

2021 Annual Report

Amid the lingering COVID-19 pandemic, Virginia ABC continued record-breaking achievements in fiscal year 2021. Virginia ABC reached gross revenues of $1.4 billion and contributed $616.4 million to the Commonwealth for designated state programs and services. The resiliency and commitment to excellence by Virginia ABC employees to adapt to the demands of a constantly changing environment was the key to the Authority reaching its goals once again.

View the 2021 annual report (PDF) for audited financial statements and other statistical information and highlights.

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