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HomeMy WebLinkAbout7-25-18 MinutesJEFFERSON COUNTY BUDGET COMMITTEE July 25, 2018 MINUTES Members: Amanda Hamilton Anne Sears Art Frank Barbara Carr Brenda Huntingford 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 Lysa Phillis Mark McCauley Matt Tyler Michael Haas Monte Reinders Patty Charnas Philip Hunsucker Philip Morley Renee Talley Rose Ann Carroll Ruth Gordon Sarah Martin Sophie Nordstrom Stacie Prada Su Tipton Susan Parke Tracie Bick Veronica Shaw Vicki Kirkpatrick Willie Bence Order of Business 8:30 am - Meeting called to order Mark M Kathleen Kler resigned from position as Secretary. Judy Shepherd volunteered to finish the year as Secretary. Request for additional agenda items/approve agenda Mark M Introduction: Willie Bence, Emergency Management Director Call for approval of the June 20, 2018 minutes Mark M 1st Ruth 2nd Philip All in Favor Reports Expense Report Rose Ann This is the first month reporting real time expenditures that include all payroll up to July 5 and all June expenditures paid in July. Highlighted lines are actual operating overages, not salaries and benefits. Mark: The prior reporting resulted in a double hit in December due to the 13th month. This will help to alleviate some surprises that occur in December or later. Revenue Reports Stacie • General Fund at $11,375,619 – 61.2% of the 2018 annual budget. Property Taxes have leveled off from last month to be similar to previous years. PILT came in at $1.83 million, and we’re planning to join the class action lawsuit to obtain the amounts we should have received in past years. We anticipate that to be approximately $55,000 minus legal fees yet to be determined. Jeff: JC is joining the class action lawsuit; our portion is approx. $65,000. Discussion around whether to increase PILT for 2019 budget. Philip: They will consider increasing PILT for the base budget. Stacie: WA State DNR PILT will have a correction for the last three years to correct distribution to Special Taxing Districts. • Other Funds at $14,568,346 – 47.8% of 2018 budget which is slightly higher than the last two years. • General Fund Cash Balance - $6,795,577 at the end of June which includes the $2.65 million budgeted and required reserve. It’s up 3% from this time last year but still following our trend line. • General Sales Tax Receipts - $323,647 which includes $75,141 for Special Purpose in May 2018. Sales tax is 1.35% over budget for the year so far, and Special Purpose is 1.85% over. Cumulatively they’re 1.5% over budget for the year. • REET Receipts - $147,514 in June which is 10% over budget for the month and almost exactly the same as this month last year. We had one sale at $3 million for a mobile home park in Port Hadlock. Similar to last year, we had 16 sales over $500,000 and under $1 million in unincorporated Jefferson County. Seven were single family residences in Port Ludlow. In the City of PT, there were four sales between $1 -$1.295 million: Union Bank on Sims Way, a waterfront home by Fort Worden, a commercial building on Washington St and a single family residence uptown. Excise tax for sales in the city go to the city. • Hotel/Motel Lodging Tax - $36,556 in June which is 0.7%% higher than year to date this time last year. It’s 17% over budget for the month and 7.9% over budget year to date. 2019 Budget Update Mark M Important dates: 8/1/18 Budget Call 9/4/18 Preliminary Budget from Departments are due by 12 noon. One-Time Revenues and Expenditure Report showing allocation of revenues and the remaining to be allocated. Motion to Adjourn at 9:40am Mark M 1st Ruth 2nd Kate All in Favor The next meetings are August 29, September 26, October 31, and Nov 28, 2018. Meetings scheduled for the last Wednesday of each month except December of each year.