HomeMy WebLinkAbout9-26-18 Budget Meeeting MinutesJEFFERSON COUNTY BUDGET COMMITTEE
September 26, 2018
Minutes
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
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
Order of Business
Meeting called to order Mark
Request for additional agenda items/approve agenda Mark
Rose Ann – LEAN Training
1st Kate / 2nd Ruth / All Approved
Call for approval of the August 29, 2018 Minutes Mark
1st Stacie / 2nd Ruth / All Approved
Rose Ann - LEAN Training can be available in Jan-Feb 2019. Let her know about
interest in your department.
Reports
Expense Report Rose Ann
Revenue Reports Stacie
General Fund at $13,595,799 – 73.1% of the 2018 annual budget
which is higher than this time for previous years. PILT accounts for
most of it. Distribution of DNR PILT was done and you’ll notice
that amount of $127,834 in the Refund of Expenditure line item at
the bottom. The 2nd quarter appropriation listing additional
revenue for Superior Court has been noted in their 2018 Budget
amount.
Other Funds at $20,700,968 – 66.6% of 2018 budget which is
slightly higher than the last two years. Fund numbers in the
second column with asterisks next to them note that the 2018
Budget amount has been modified in a quarterly appropriation.
They include 108, 113, 127, 143, and 148.
General Fund Cash Balance - $5,237,488 at the end of August
which includes the $2.65 million budgeted and required reserve.
It’s up 2.5% from this time last year but still following our trend
line. The 10% reserve amount adjusted slightly to reflect 1st and
2nd quarter appropriations.
General Sales Tax Receipts - $406,836 which includes $97,261 for
Special Purpose in August 2018. Sales tax is 2.33% over budget for
the year so far, and Special Purpose is 2.7% over. Cumulatively
they’re 0.3% over for the month and 2.4% over budget for the
year.
REET Receipts - $131,097 in August which is 47.6% over budget
for the month and almost about 20% higher than this month last
year. For the year it’s 27% over budget. We had one sales over $1
million at $1.4 Million for five acres waterfront in Sequim. We had
eight sales over half a million that were all single family residences.
Six were in Port Ludlow, one in Nordland and one in Quilcene.
Hotel/Motel Lodging Tax - $64,934 in August which is about the
same as this month last year. It’s 5% over budget for the month
and 8.8% over budget year to date.
2019 Budget Mark
Proposed concept for treatment of funds received through federal PILT
and second issue of how PILT is disclosed in the revenue budget was
discussed.
Summary of Adds for 2019 Budget shared.
Adjourned at 9:27 am. Mark
1st Ruth / 2nd Jodi / All approved.
REMINDERS:
Oct 1 - 10, 2018 – 2019 Budgets Meetings with Departments.
Oct 10, 2018 – 3rd Quarter Supplemental – BOCC Hearing
2018 Upcoming monthly budget meetings are Oct 31, Nov 28.