HomeMy WebLinkAbout10-18-17 MinutesJEFFERSON COUNTY BUDGET COMMITTEE
MINUTES
October 18, 2017
8:30 am
First Floor Conference Room
Members:
Amanda Hamilton
Anne Sears
Barbara Carr
Brenda Huntingford
Carol Palmer
Cathy Taylor
Claudette Oppe
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 Judy
Request for additional agenda items/approve agenda Judy
Call for approval of the Sept 20, 2017 minutes Judy
1st Kathleen Kler
2nd Kate Dean
All in Favor
Reports
Expense Reports Judy
Budget appropriations are not included in this report, they will be in October reports
Philip: Reminder that though there is room in a budget to spend, there also has to
be available cash balance for the expenditure.
Revenue Reports Stacie
General Fund at $13,260,488 – 72.6% of the 2017 annual budget which is slightly
higher than previous years. The quarterly payment for marijuana excise is $4,970 which
is lower than expected. We expected it to lessen and we put $24,720 for the 2018
preliminary budget, but if it stays the same we’ll only receive $19,880 in 2018.
Other Funds at $22,561,044 – 71.9% of 2017 budget which is slightly higher than the
past two years. WSU is down significantly at 53.5% while it was at 72-78% in past
years. Community Development is down from last year but similar to 2015.
General Fund Cash Balance - $4,724,294 which includes the $2.59 million budgeted and
required reserve. It’s slightly higher than this time last year and is in line with our
typical pattern cash flow pattern. An infusion of property tax revenue will occur in
October with the second half property taxes due on Halloween.
General Sales Tax Receipts - $318,859 which includes $77,534 for Special Purpose in
September 2017. We’re on target for the year given our updated budget. The Board
approved a budget appropriation September 11th that increased our expected sales tax
revenue by $176,722 and our Special Public Purpose tax $37,119.
REET Receipts - $181,336 in September which is 17% over budget for the month and
12.5% less than this month last year. One-third of REET collected this month was in
the City of Port Townsend which is typical. Twelve sales in the county between
$500,000 and $875,000 were mostly single family residences in Port Ludlow, Port
Townsend, and Marrowstone. The Olympic Greens mobile home park sold for $733k
and 40 acres of forest land at Tarboo Lake in Quilcene sold for just under $600k.
Hotel/Motel Lodging Tax - $56,561 in September which is 5.75% over this month last
year and 8% over budget. Total revenue is 23.7% over budget for the year.
2018 Budget Update Mark/Philip
Two documents dispersed:
1) 2018 Budget Projection & 5 yr Budget Outlook
Reserves discussed, PILT or no PILT implications.
2) GF Add Request and Capital Outlay Request Summaries
Announcements:
Sheriff’s Open House 10/21/17 10-2
Drug Take Back 10/28/17 10am – 2pm at QFC in Pt Hadlock
Motion to Adjourn Judy
1st Kate Dean
2nd Michael Haas
All in Favor
Next meetings are November 15, 2017, and January 17, 2018.
Meetings are scheduled for the third Wednesday of each month except December of each year.