Iowa ABD: Sales of Alcohol Robust in Fiscal Year 2016

Wednesday, December 14, 2016

For immediate release – December 13, 2016
Contact Robert Bailey – 515.725.2260 (desk)/515.210.5423 (mobile)

Iowa ABD: Sales of Alcohol Robust in Fiscal Year 2016

In its annual report for Fiscal Year 2016, the Iowa Alcoholic Beverages Division (ABD) showed another year of strong revenue growth. Total liquor sales from July 1, 2015 to June 30, 2016 topped $288.9 million with overall revenues surpassing $330.4 million. These totals represented an annual rate of growth of four percent.

More than $131.1 million was returned to public treasuries, including monies earmarked to the Iowa Department of Public Health for substance abuse and prevention programs, the Iowa Economic Development Authority’s Beer and Wine Promotion Board and local governments for their share of alcohol license fees. Over $105.6 million was deposited directly into the Iowa General Fund for legislative appropriation.

“The alcohol beverages industry is thriving in Iowa,” said ABD Administrator Stephen Larson. “We are continuing to do our best to ensure that our stakeholders can succeed while we provide the regulatory framework needed to keep our communities safe and healthy as well as working to revert as much revenue to the General Fund as possible.”

In the past fiscal year, ABD took considerable strides in rebuilding a compliance program that had been relatively dormant for two decades. A revitalized regulatory team, including auditors and inspectors, was in effect for the Register’s Annual Great Bike Ride Across Iowa (RAGBRAI) with meetings being held with local authorities and more than 400 licensees along 2016’s route prior to the event as well as checking on compliance throughout the week of the ride.

In Fiscal Year 2015, ABD also launched a YouTube channel with videos clarifying the three-tier system of alcohol regulation as well as videos on tastings, trade practices and growlers. The YouTube channel was recognized by Stateways Magazine as a winner in the Educational category for 2016.

ABD’s fiscal year 2016 Annual Report is accessible online at Financial figures have not yet been audited.

About Iowa ABD

Mission Statement: To serve Iowans through responsible and efficient licensing, regulation and distribution of alcohol.        

Printed from the website on March 18, 2018 at 1:05am.