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HomeMy WebLinkAboutMinutes 7-19-17MINUTES JEFFERSON COUNTY BUDGET COMMITTEE July 19, 2017 8:30 am First Floor Conference Room Members: Amanda Hamilton Anne Sears Barbara Carr Carol Palmer Cathy Taylor David Stanko David Sullivan Erin Lundgren Janet Holbrook Jeff Chapman Jill Landes Jodi Adams Joe Nole Judy Shepherd Kate Dean Kathleen Kler Keith Harper Laura Lewis Lauralee Keisel Leanne Dotson Lori Bailey Lynn Sterbenz Mark McCauley Matt Tyler Monte Reinders Ruth Gordon Sarah Martin Sophie Nordstrom Stacie Prada Su Tipton Susan Parke Tammey Newton Tanda McMillin Tracie Bick Veronica Shaw Vicki Kirkpatrick Also attending: Susan Zoya, Odette Oppe Order of Business Meeting called to order at 8:30am Rose Ann Request for additional agenda items/approve agenda Rose Ann Add: Introductions Call for approval of the June 21, 2017 minutes Rose Ann 1st Ruth Gordon 2nd Michael Haas All in Favor Reports Expense Reports Rose Ann  General Fund Rose Ann Department reports Dept reps  Other Funds Rose Ann Department reports Dept reps Revenue Reports Stacie  General Fund at $10,686,214 – 59.2% of the 2017 annual budget which is slightly higher than previous years. Investment Income is up thus increasing Treasurer Investment fees. DNR Timber is down significantly at $4,800 year to date when it was $225k this time last year and $325k in 2015. Follow-up on DNR Timber down turn by Kathleen Kler & Stacie Prada: a) More lands are moving to conservation, b) land transfers, and c) DNR is changing to gain more non- timber revenue which will impact the county’s revenue.  Other Funds at $14,898,035 – 47.5% of 2017 budget which is slightly higher than the past two years. Crime Victim’s Services is double what it was this time the past two years.  General Fund Cash Balance - $6,593,259 which includes the $2.59 million budgeted and required reserve. This is in line with our typical pattern over the last nine years.  General Sales Tax Receipts - $273,577 which includes $65,229 for Special Purpose in June 2017 which for the year is 7% higher for sales tax and 5.5% over for Special Purpose. Cumulatively, sales tax revenues were 3.5% over projection for the month and 6.7% over projections for year to date.  REET Receipts - $147,551 in June which is 9% over budget for the month and down 39% from this month last year. Last June there was a sale of 11,700 acres from $27.4 million that skewed the revenue. This June we had 16 sales between $500-$1 million and one sale at $1.05 million. Most of the sales over $500k were waterfront single family residences. The property that sold at $1.05 million was 153 acres in Chimacum that sold from Merrill and Ring to Trust for Public Land and was then conveyed to the Navy. Last year’s highest property sold was $600k. 21% of REET collected this month was in the City of Port Townsend compared to 39% last month and 32% in April.  Hotel/Motel Lodging Tax - $31,485 in June which is 7% over this month last year and 21% over budget. Total revenue is 28% over budget for the year. Budget Anne / Philip Mark McCauley, Central Services Director, presented changes to the resolution to be submitted to the BOCC next Monday, July 24, 2017. Also spoke to Courthouse security changes.. Anne Sears presented the 2018 Budget Projection and Five-Year Budget Outlook. Motion to Adjourn Rose Ann 1st Ruth Gordon 2nd Michael Haas All in Favor Meeting adjourned at 9:55am Next meetings are August 16, September 20, October 18, and November 15, 2017. Meetings scheduled for the third Wednesday of each month except December of each year.