Loading...
HomeMy WebLinkAbout8-29-18 Budget Meeting MinutesJEFFERSON COUNTY BUDGET COMMITTEE August 29, 2018 MINUTES First Floor Conference Room Members: Amanda Hamilton Anne Sears 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 Lysa Phillis Mark McCauley Matt Tyler Michael Haas Monte Reinders Patty Charnas Philip Hunsucker Philip Morley Renee Talley Rose Ann Carroll Ruth Gordon Sophie Nordstrom Stacie Prada Su Tipton Susan Zoya Susan Parke Tammey Newton Tanda McMillin Tracie Bick Veronica Shaw Vicki Kirkpatrick Willie Bence Order of Business Call meeting to order at 8:30 am Mark Request for additional agenda items/approve agenda Mark Call for approval of the July 25, 2018 Minutes Mark 1st Ruth 2nd Stacie All in Favor Reports Expense Report Rose Ann Revenue Reports Stacie  General Fund at $11,375,619 – 67.6% of the 2018 annual budget which is higher than this time for previous years. PILT came in at $1.83 million compared to $1.39 million last year, Sales tax is $130,000 over last year. Property tax collections is $86,000 over this time last year but is a lower percentage. Private harvest tax is $137,000 over, and investment income is up $40,000.  Other Funds at $17,417,742 – 57.1% of 2018 budget which is slightly higher than the last two years.  General Fund Cash Balance - $6,177,104 at the end of July which includes the $2.65 million budgeted and required reserve. It’s up 6% from this time last year but still following our trend line.  General Sales Tax Receipts - $343,606 which includes $81,117 for Special Purpose in July 2018. Sales tax is 2.84% over budget for the year so far, and Special Purpose is 2.78% over. Cumulatively they’re 2.8% over budget for the year.  REET Receipts - $108,763 in July which is 20% over budget for the month and almost only slightly higher than this month last year. For the year it’s 24% over budget. We had no sales over $1 million. We had ten sales over half a million that were all single family residences. Four were in unincorporated Port Townsend areas Cape George and kala Point. Five were in Port Ludlow MPR and surrounding area. One was in Nordland.  Hotel/Motel Lodging Tax - $44,445 in July which is 3% higher than year to date this time last year. It’s 19.9% over budget for the month and 10% over budget year to date. Misc Budget Items Mark Discussion around PILT, how revenue is estimated in the budget, and concerns voiced that this should be increased based on previous years. Currently it is used to cover unexpected expenditures, capital expenditures, and special projects. Philip Morley will look further into the class action lawsuit and discuss with Jeff, Stacie and Mark. Motion to Adjourn Mark 1st Ruth 2nd Kathleen All in Favor REMINDERS: September 4, 2018 – Preliminary 2019 Budgets Due to the Auditor by noon. September 10, 2018 – 3rd Quarter Supplemental Appropriation deadline to BoCC. September 24, 2018 – Auditor 2019 Budget to BoCC/CA. 2018 Upcoming monthly budget meetings are Sept 26, Oct 31, Nov 28. August 29, 2018 ATTENDANCE – Please circle your name. Amanda Hamilton Anne Sears 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 Lysa Phillis Mark McCauley Matt Tyler Michael Haas Monte Reinders Patty Charnas Philip Hunsucker Philip Morley Renee Talley Rose Ann Carroll Ruth Gordon Sophie Nordstrom Stacie Prada Su Tipton Susan Parke Tammey Newton Tanda McMillin Tracie Bick Veronica Shaw Vicki Kirkpatrick Willie Bence