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Home My WebLink About2026-08_AUG_Treasurer_RevenueReports_slides JEFFERSON COUNTY TREASURER JEFFERSON COUNTY BUDGET COMMITTEE Treasurer’s August 2026 Revenue Reports Meeting Slide Deck ~ Full reports are available ~ It’s helpful if you print or view the full reports for details. The slides are intended to provide an overview and accommodate the limitations of presenting on a screen. Slides are numbered at the bottom of each page and correspond to the full revenue report packet. GENERAL FUND REVENUE August GENERAL FUND REVENUE GENERAL FUND REVENUE 2022 2023 2024 2025 2026 TOTAL CURRENT EXPENSE 15,811,928 18,558,628 18,729,830 19,144,983 19,151,314 TOTAL CURRENT EXPENSE ACTUAL/CY BUDGET 24,368,204 28,311,245 28,679,864 28,933,857 29,126,107 YTD % of Full Year Actual, CY Budget 64.9%65.6%65.3%66.2%65.8% 24,368,204 28,311,245 28,679,864 28,933,857 29,126,107 64.9%65.6%65.3%66.2%65.8% 0% 20% 40% 60% 80% 100% 0 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 2022 2023 2024 2025 2026 TOTAL CURRENT EXPENSE ACTUAL/CY BUDGET TOTAL CURRENT EXPENSE 2026August Page 2 of 14 August GENERAL FUND REVENUE GENERAL FUND REVENUE 2022 2023 2024 2025 2026Assessor6,154 5,625 5,630 7,230 9,429Auditor-M.V. License Fees 248,668 247,325 248,208 243,344 275,367Auditor-Other Revenue 11,195 14,972 27,340 41,494 23,246Auditor-Recording Fees 50,696 35,357 31,468 35,201 40,187Elections247,862 295,007 556,872 476,288 576,592Clerk254,887 144,081 91,282 76,869 88,555County Administrator 4,142 4,142 4,658 55,065 0Commissioners5,527 3,938 3,447 3,802 9,488Board of Equalization 0 0 0 0 0Civil Service Commission 0 0 0 0 0Planning Commission 0 0 0 0 0Safety & Security/Emergency Mgmt 93,709 3,945 59,674 26,296 25,201Community Services 3,489 5,529 353 260,112 402District Court 409,669 376,431 432,173 383,327 377,065Juvenile Service 228,161 232,397 187,635 157,747 190,046Prosecuting Attorney 217,576 176,709 201,908 229,707 197,188Coroner14,400 12,000 13,845 11,866 15,480Sheriff 348,815 456,310 601,718 705,118 810,660Superior Court 9,136 4,580 59,252 16,923 12,039Therapeutic Courts Case Mgmt 0 79,365 97,578 102,494 101,854Property Tax 5,036,422 5,128,947 5,273,845 5,355,573 5,463,146Diverted Road Prop Tax 401,003 367,487 367,893 308,708 02 Public Safety Enhancement 0 0 0 0 232,8842 Sales Tax - Local Criminal Justice 362,695 392,270 415,851 469,144 418,8242 Sales Tax - Retail Sales Tax 3,150,872 3,390,410 3,536,487 4,141,259 3,613,6542 Sales Tax - Special Purpose 878,482 956,681 1,014,697 1,154,639 1,026,1083 DUI/OTH CRMNL JSTC ASIST 408,494 346,542 372,287 417,817 435,1864 PILT - Federal 1,738,808 1,769,021 1,924,619 2,021,851 2,280,1494 PILT - State & Local 0 0 0 726 04 PUD Privilege Tax 412,849 436,839 494,176 442,399 481,7535 CANNABIS EXCISE TAX 29,134 30,075 32,770 28,289 25,9595 DNR Timber, Trust & Lease 127,676 607,988 27,969 56,282 289,2795 Leasehold Excise 69,409 51,626 58,238 34,219 36,1335 Liquor Board Profits and Excise 93,867 95,730 91,156 87,954 85,5675 Timber Excise (TAV)227,020 362,457 249,532 153,459 65,5376 Treas Collection Fees (REET)81,305 59,703 57,418 62,325 65,3546 Treas Invest & Other Collection 16,670 40,636 31,537 30,867 30,1987 Delinquent Taxes Interest 166,341 161,971 146,594 181,202 186,7127 Delinquent Taxes Penalties 76,997 37,622 31,130 26,941 35,2498 Investment Income 226,103 2,003,627 1,624,113 1,240,592 1,029,7709 Interfund Charge - Cost Allocation 31,764 35,341 36,972 25,481 39,309Treasurer Other Revenue 33,564 35,184 92,180 27,184 23,679Treasurer Transfer In 27,921 21,239 187,876 2,250 444,753Non Departmental 60,443 129,519 39,450 42,940 89,312TOTAL CURRENT EXPENSE 15,811,928 18,558,628 18,729,830 19,144,983 19,151,314TOTAL CURRENT EXPENSE ACTUAL/CY BUDGET 24,368,204 28,311,245 28,679,864 28,933,857 29,126,107 YTD % of Full Year Actual, CY Budget 64.9%65.6%65.3%66.2%65.8% Auditor-M.V. License Fees Elections Elections Elections Elections Elections Sheriff Sheriff Sheriff Sheriff Sheriff Property Tax Property Tax Property Tax Property Tax Property Tax 2 Sales Tax -Local Criminal Justice 2 Sales Tax -Retail Sales Tax 2 Sales Tax -Special Purpose 3 DUI/OTH CRMNL JSTC ASIST 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 14,000,000 16,000,000 18,000,000 20,000,000 2022 2023 2024 2025 2026 GENERAL FUND REVENUE YTD Non Departmental 7 Delinquent Taxes Interest 6 Treas Invest & Other Collection 6 Treas Collection Fees (REET) 5 Timber Excise (TAV) 5 Liquor Board Profits and Excise 5 Leasehold Excise 5 DNR Timber, Trust & Lease 5 CANNABIS EXCISE TAX 4 PUD Privilege Tax 4 PILT - State & Local 4 PILT - Federal 3 DUI/OTH CRMNL JSTC ASIST 2 Sales Tax - Special Purpose 2 Sales Tax - Retail Sales Tax 2 Sales Tax - Local Criminal Justice 2 Public Safety Enhancement Diverted Road Prop Tax Property Tax Therapeutic Courts Case Mgmt Superior Court Sheriff Coroner Prosecuting Attorney Juvenile Service District Court Community Services Safety & Security/Emergency Mgmt Planning Commission Civil Service Commission Board of Equalization Commissioners County Administrator Clerk Elections Auditor-Recording Fees Auditor-Other Revenue Auditor-M.V. License Fees Assessor 2026August Page 3 of 14 Jefferson County Treasurer Month 8 June 2026 Information current as of 9/11/2026 REQUIRED RESERVE * In 2019, Resolution 41-19 changed the reserve to 15% of the GF Total Spending and eliminated the Revenue Stabilization Reserve - changes with appropriations throughout year Year End, CY is YTD BALANCES January February March April May June July August September October November December 13th Month Total Reserve Non-Reserve Cash Balance20218,113,654$ 7,894,628$ 7,292,627$ 9,257,492$ 8,972,934$ 10,082,081$ 9,312,713$ 8,345,143$ 7,775,786$ 8,938,894$ 8,525,829$ 8,011,624$ 8,011,624$ 2021 $ 3,655,714 4,355,910$ 2022 7,593,140$ 5,616,337$ 6,517,369$ 8,801,638$ 8,570,220$ 9,593,296$ 9,062,286$ 8,247,770$ 7,593,055$ 8,925,753$ 8,415,851$ 8,098,994$ 6,736,342$ 2022 $ 3,670,949 3,065,392$ 2023 7,065,714$ 6,597,055$ 6,963,369$ 9,347,020$ 9,569,516$ 10,937,285$ 10,267,490$ 9,800,364$ 9,662,361$ 11,320,017$ 10,983,540$ 10,426,970$ 9,277,343$ 2023 $ 3,917,426 5,359,917$ 2024 9,382,069$ 8,839,792$ 8,880,712$ 11,270,349$ 11,480,395$ 12,338,051$ 11,538,700$ 10,507,835$ 9,880,665$ 10,784,333$ 9,979,529$ 9,722,133$ 8,416,452$ 2024 4,432,617$ 3,983,835$ 2025 8,460,721$ 7,066,412$ 7,028,206$ 9,408,582$ 8,431,332$ 9,597,701$ 8,359,566$ 6,947,932$ 6,407,611$ 7,792,473$ 6,505,870$ 5,805,363$ 4,942,148$ 2025 4,848,577$ 93,571$ 2026 5,708,541$ 4,440,757$ 6,044,080$ 5,963,610$ 5,683,773$ 7,427,942$ 6,395,284$ 5,247,332$ 2026 4,552,697$ 694,634$ January February March April May June July August September October November December 13th Month Total Reserve Non-Reserve Cash Balance 2026 BDGT Exp 29,577,938 29,577,938 29,577,938 29,577,938 29,984,775 30,257,479 30,257,479 30,351,316 2026 4,552,697$ 694,634$ 15% Reserve 4,436,691 4,436,691 4,436,691 4,472,648 4,497,716 4,538,622 4,538,622 4,552,697 Non-Reserve Cash Bal 1,271,850 4,066 1,607,390 1,490,963 1,186,057 2,889,321 1,856,662 694,634 2026 BDGT Revenue 28,474,383 28,474,383 28,474,383 28,474,383 28,797,720 29,126,107 29,126,107 29,126,107 Budget Gap (Revenue minus Expenditures)(1,103,555)(1,103,555)(1,103,555)(1,103,555)(1,187,055)(1,131,372)(1,131,372)(1,225,209) $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000 2021 2022 2023 2024 2025 2026 Reserve and Cash Balance Composition Prior Year End Actual and CY Budget Total Reserve Non-Reserve Cash Balance 2021 2022 2023 2024 2025 2026 $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 January March May July September November 13th Month General Fund Cash Balance $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 Ju l y Oc t o b e r Ja n u a r y Ap r i l Ju l y Oc t o b e r 13 t h M o n t h Ma r c h Ju n e Se p t e m b e r De c e m b e r Fe b r u a r y Ma y Au g u s t No v e m b e r Ja n u a r y Ap r i l Ju l y Oc t o b e r 13 t h m o n t h Ma r c h Ju n e Se p t e m b e r De c e m b e r 2021 2021 2022 2022 2022 2022 2022 2023 2023 2023 2023 2024 2024 2024 2024 2025 2025 2025 2025 2025 2026 2026 2026 2026 General Fund Cash Balance with Reserve Cash Balance Reserve Page 5 of 14 Year Period Preliminary - S Updated20268no9/2/2026 August YTD 2026 Budget YTD % of BudgetPublic Safety -Spec Purpose 164,090 1,026,108 1,870,678 54.85%Regular & Optional Sales Tax 571,429 3,613,654 6,741,373 53.60%Local Criminal Justice 66,926 418,824 764,938 54.75% Public Safety Enhancement L&J 91,038 232,884 301,600 77.22%Total 893,482 5,291,470 9,678,589 54.67% Cumulative Actual YTD 5,291,470 5,291,470 Monthly Budget 964,450 5,897,097 Monthly BudgetCumulative Budget YTD 5,897,097 5,897,097 Cumulative Budget YTDEst Average Monthly Dist %10.0%60.9%Est Average Monthly Dist % % Budget Difference -7.4%-10.3%% Budget Difference % Difference Prior Year 11.3%-8.2%% Difference Prior Year 89.7%Cumulative % of Expected 8,684,606 EOY Projection(993,983)Projection +/- EOY Budget 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 9,000,000 10,000,000 2022 2023 2024 2025 2026 General Fund Sales Taxes December November October September August July June May April March February January 2026 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 2026 Monthly Actual and Budget Public Safety Enhancement L&J Local Criminal Justice Regular & Optional Sales Tax Public Safety - Spec Purpose Monthly Budget (2,000,000) - 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 2026 YTD Actual and Budget Cumulative Actual YTD Projection +/- EOY Budget Cumulative Budget YTD August Page 6 of 14 Sales Tax by Sector Distribution in August 2026 Sales Tax Revenue by Sector Category %$% of Tot Chg %$% of Tot Chg %$% of Tot Chg All Sales YTD -13.4%(497,127) 100.0%-7.3%(30,479) 100.0%-12.7%(527,605) 100.0%RETAIL YTD 3.2%30,935 -6.2%1.6%2,282 -7.5%3.0%33,217 -6.3%CONSTRUCTION YTD -40.3%(603,770) 121.5%-32.9%(35,898) 117.8%-39.8%(639,668) 121.2%ACCOMMODATION & FOOD SERVICES YTD -4.5%(9,128) 1.8%0.4%186 -0.6%-3.6%(8,942) 1.7% Unincorp Jefferson County City of Port Townsend All County and City 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 YTD This YearYTDLast Year All YTD Revenue by Sector Last Year and This Year Utilities Mining, Quarrying, Oil & Gas Extraction Agriculture, Forestry, Fishing & Hunting Unclassified Public Administration & Other Services Accommodation & Food Services Arts, Entertainment & Recreation Health Care and Social Assistance Educational Services Admin & Support, Waste Mgmt & Remediation Svcs Professional, Scientific & Technical Services Real Estate, Rental & Leasing Finance & Insurance Information Wholesale Trade Retail Trade Transportation & Warehousing Manufacturing Construction Construction Manufacturing Wholesale Trade Retail Trade Transportation & Warehousing Information Finance & InsuranceReal Estate, Rental & Leasing Professional, Scientific & Technical … Admin & Support, Waste Mgmt & Remediation Svcs Educational Services Health Care and Social Assistance Arts, Entertainment & Recreation Accommodation & Food Services Public Administration & Other Services Unclassified Agriculture, Forestry, Fishing & HuntingMining, Quarrying, Oil & Gas ExtractionUtilities Unincorporated Jefferson County, WA Construction Manufacturing Wholesale Trade Retail Trade Transportation and Warehousing Information Finance and Insurance Real Estate and Rental and Leasing Professional, Scientific, and Technical Services Admin & Support, … Educational Services Health Care and Social Assistance Arts, Entertainment, and Recreation Accommodation and Food Services Public Administration & Other Services Natural Resources, Utilities & Unclassified City of Port Townsend, WA Construction Manufacturing Wholesale Trade Retail Trade Transportation & Warehousing Information Finance & Insurance Real Estate, Rental & Leasing Professional, Scientific & Technical Services Admin & Support, Waste Mgmt & Remediation Svcs Educational Services Health Care and Social Assistance Arts, Entertainment & Recreation Accommodation & Food Services Public Administration & Other Services Unclassified Agriculture, Forestry, Fishing & Hunting Mining, Quarrying, Oil & Gas Extraction Utilities All Current Period This Year Page 8 of 14 Real Estate Excise Tax (REET) - Fund 302 Capital Improvement Year Period Month20268August August Actual YTD 2026 FY Budget YTD % of Budget REET Total 142,339 965,883 1,500,000 64.39%965,883 Cumulative Actual YTD Monthly Budget ($)151,853 Monthly Budget ($) Cumulative Budget YTD ($)983,596 Cumulative Budget YTD ($) Est Budget Monthly Dist %10.1%65.6%Est Budget Monthly Dist % % Budget Difference -6.3%-1.8%% Budget Difference % Difference Prior Year -30.9%3.7%% Difference Prior Year 98.2%Cumulative % of Expected $1,472,988 EOY Projection($27,012)Projection +/- EOY Budget 0 50,000 100,000 150,000 200,000 250,000 2026 Monthly Actual and Budget 2026 Actual Monthly Budget ($) (500,000) - 500,000 1,000,000 1,500,000 2,000,000 2026 Monthly Actual and Budget Cumulative Actual YTD Projection +/- EOY Budget Cumulative Budget YTD ($) - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 2022 2023 2024 2025 2026 Real Estate Excise Tax (REET) -Fund 302 Capital Improvement December November October September August July June May April March February January 2026 Page 11 of 14 Special Hotel/Motel Sales Tax & Transient Rental State Share - Fund 125 Year Period Month20268August August Full Year 2026 Budget YTD % of Budget Special Hotel/Motel Tax 52,752 239,475 330,000 72.57% Transient Rental (State Share)61,678 237,455 330,000 71.96%Total 114,430 476,929 660,000 72.26% Cumulative Actual YTD 476,929 476,929 Cumulative Actual YTD Monthly Budget 83,645 385,738 Monthly Budget Cumulative Budget YTD 385,738 385,738 Cumulative Budget YTD % Budget Difference 36.8%23.6%% Budget Difference % Difference Prior Year 6.5%1.7%% Difference Prior Year 123.6%Cumulative % of Expected$816,028 EOY Projection $156,028 Projection +/- EOY Budget 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 2026 Monthly Actual and Budget 2026 Actual Monthly Budget - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 2026 Monthly Actual, Budget and Projection Cumulative Actual YTD Projection +/- EOY Budget Cumulative Budget YTD 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 2022 2023 2024 2025 2026 Special Hotel/Motel & Transient Rental Sales Tax -Fund 125 December November October September August July June May April March February January 2026August Page 13 of 14