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HomeMy WebLinkAboutWORKSHOP re: Treasurer's PresentationTreasurer’s Office Budgets 001.250. Treasurer’s Fund 119. JeffCom Bond Indebtedness Fund 150. Treasurer’s O&M Fund 151. REET Tech Fund Fund 2026 Preliminary Budget Request Stacie Prada Jefferson County Treasurer TREASURER’S OFFICE TEAM BUILDING ON THE GOOD WORK OF THE PAST AND PLANNING FOR THE FUTURE MORE THAN COUNTY OPERATIONS SERVE AS THE BANK & EX-OFFICIO TREASURER FOR MANY DISTRICTS CEMETERY, FIRE, SCHOOL, HOSPITAL, LIBRARY, JEFFCOM, PARKS & REC, PORT, TRANSIT, WATER Water District #1 Paradise Water District #2 Brinnon 640 STATE DISTRIBUTION 641 JEFF CO COMMUNITY NETWORK 642 SCHOOL DISTRICT #20 643 SCHOOL DISTRICT #323 644 SCHOOL DISTRICT #402 646 SCHOOL DISTRICT #46 648 SCHOOL DISTRICT #48 649 SCHOOL DISTRICT #49 650 SCHOOL DISTRICT #50 651 CEMETERY DIST #1 652 CEMETERY DIST #2 653 CEMETERY DIST #3 654 CITY OF PT TOWNSEND 659 JEFFCOM 661 FIRE DISTRICT #1 662 FIRE DISTRICT #2 664 FIRE DISTRICT #4 665 FIRE DISTRICT #5 667 FIRE DISTRICT #7 668 FIRE DISTRICT #8 669 FIRE DISTRICT #9 670 EMS/TRAUMA CARE COUNCIL 671 PARK & REC DISTRICT #1 672 PARK & REC DISTRICT #2 675 JEFF CO CONSERVATION DIST 676 LIBRARY DISTRICT #1 678 OLYMPIC AREA AGENCY ON AGING 679 PORT OF PT 680 PUD #1 681 HOSPITAL DISTRICT #1 682 HOSPITAL DISTRICT #2 689 TRANSIT PRTPO-2019 690 TRANSIT AUTHORITY 691 WATER DIST #1 692 WATER DIST #2 695 PT LUDLOW DRAINAGE DIST FUND 696 DRAINAGE DIST #1 BILL, PROCESS, COLLECT & REMIT BUDGET RESOURCES Economic & Revenue Forecast Council https://www.erfc.wa.gov/ September 2025 Revenue Review Notebook MRSC Budgeting in Washington State: https://mrsc.org/Budget Suggestions – Contains the latest information about state shared revenue distributions, new legislation, and economic trends. New version published every year at the end of July. Revenue Guide for Counties – Detailed guidance on all major county revenue sources Shared Revenue Estimator – Tool to help cities and counties estimate their anticipated per capita state shared revenues for the coming budget year; updated every year in late July when Budget Suggestions is published For the good of ALL of the general fund Meets Budget Guidance Total Expenditures meet 0% increase per guidance Add Form A reflects amount needed above 0% allowed to accommodate non-discretionary expenditures and continuity of operations. Treasurer’s Budget OPERATIONS MONITOR, STREAMLINE & IMPROVE TECHNOLOGY UPGRADE AND MAXIMIZE PEOPLE PROFESSIONAL EXCELLENCE images: Flaticon.com Meet the Goals and Objectives for this fund: 1.Manage the fund with the monthly sales tax distribution. 2. Maintain a 5% reserve based on indebtedness 3. Pay bond debt in a timely, accurate fashion. 4. Collect sufficient amount to preclude a negative fund balance for bond payment in November each year given sales tax has been collected for only ten months when the second and full payment is due for the year. Meet the Goals and Objectives for Foreclosure Avoidance Program Goals: 1. Continually improve collection with training and technology advances. 2. Cross-train staff to allow for increased coverage and ability to the assist public. Objectives: 1. Educate taxpayers on the options that may be available to them for foreclosure avoidance. 2. Maintain foreclosure/distraint properties at <4% of total parcels 3. Have fewer than 30 real properties filed in court for foreclosure. 4. Have fewer than 20 personal properties filed with court for distraint. 5. Sell all properties in auction process to minimize the number of tax title properties held in trust by the county. 151 REET Technology Fund – $5.00 from each transaction plus a share of $5.00 state collections Meet the Goals and Objectives for this fund: Goals: 1.Manage the fund in a responsible and effective manner to fund eligible expenses in the Assessor and Treasurer Offices, and 2.Maintain a reserve to offset maintenance fees that increase every year. Objectives: 1.Monitor revenues and coordinate use of funds between the Treasurer and Assessor Offices, 2.Coordinate with the Auditor’s, Assessor’s and Treasurer’s Offices to determine cost and ability to fund electronic REET submittals, and 3.Offset maintenance and other expenses for the annual revaluation system. Thank you! Stacie Prada Jefferson County Treasurer 360.385.9150 sprada@co.Jefferson.wa.us