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HomeMy WebLinkAboutMinutes 8-16-17MINUTES JEFFERSON COUNTY BUDGET COMMITTEE August 16, 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 Judy Shepherd Kate Dean Kathleen Kler Keith Harper Laura Lewis Lauralee Keisel Leanne Dotson Lori Bailey Lynn Sterbenz Mark McCauley Matt Tyler Michael Haas Monte Reinders Patty Charnas Philip Hunsucker Philip Morely Renee Tailey Rose Ann Carroll Ruth Gordon Sarah Martin Sophie Nordstrom Stacie Prada Su Tipton Susan Zoya Susan Parke Tammey Newton Tanda McMillin Tracie Bick Veronica Shaw Vicki Kirkpatrick Order of Business Call meeting to order at 8:35 a.m. Rose Ann Request for additional agenda items/approve agenda Rose Ann Call for approval of the July 19, 2017 minutes Rose Ann 1st Stacie Prada 2nd Mark McCauley All in Favor. Reports Expense Reports Rose Ann  General Fund  Other Funds Revenue Reports Stacie  General Fund at $11,399,732 – 63.2% of the 2017 annual budget which is slightly higher than previous years. As mentioned last month, Investment Income is up as are Treasurer Investment fees. Clerk fees continue to be down.  Other Funds at $17,391,520 – 55.4% of 2017 budget which is slightly higher than the past two years. The county fair is much higher than previous years.  General Fund Cash Balance - $5,806,710 which includes the $2.59 million budgeted and required reserve. This is very similar to last year and in line with our typical pattern over the last nine years.  General Sales Tax Receipts - $309,584 which includes $73,136 for Special Purpose in July 2017 which for the year is 8.2% higher for sales tax and 6% over for Special Purpose. Cumulatively, sales tax revenues were 13.6% over projection for the month and 7.7% over projections for year to date.  REET Receipts - $105,582 in July which is 13% over budget for the month and almost exactly the same as this month last year. One-third of REET collected this month was in the City of Port Townsend which is typical. Seven sales in the county over half a million dollars were all single family residences in unincorporated Port Townsend or Port Ludlow.  Hotel/Motel Lodging Tax - $38,400 in July which is 14% over this month last year and 23% over budget. Total revenue is 27% over budget for the year. Additional Comments: Philip Morley, Jeff Chapman: PILT is budgeted at a standard amount. If there is additional PILT, it is considered a one-time increase and is applied toward capital expenditures, etc. Kathleen Kler: DNR 2018 Projection is below $100,000; however, it can still increase. Philip Morley: Possible 3rd/4th quarter appropriation to reflect additional sales tax revenue. Stacie Prada: We are recognized as destination-based sales tax. Legislation passed resulting in an expected increase in 2018 due to internet sales. She also reiterated again that there is no real benefit from the city real estate sales. Budget Anne / Philip Jeff Chapman, Mark McCauley: GIS moving forward with technology and working in conjunction with the new website. Doug & Charlie were recognized at conference and by the BOCC for their contributions in the industry. Dates to remember: 8/25/17 Capital Expenditure Requests are due 9/01/17 Treasurer’s call out for Surplus Equipment 9/11/17 3rd Quarter Appropriations are due 9/15/17 Surplus Equipment due to Treasurer Motion to Adjourn at 9 a.m. Rose Ann 1st Ruth Gordon 2nd Kathleen Kler All in Favor. Next meetings are September 20, October 18, and November 15, 2017. Meetings scheduled for the third Wednesday of each month except December of each year.