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HomeMy WebLinkAbout082819 Budget Committee Minutes Page 1 of 3 Budget Committee Meeting Minutes JEFFERSON COUNTY BUDGET COMMITTEE MINUTES August 28, 2019 8:30 am First Floor Conference Room Members: Aleta Baker Amanda Hamilton Andy Pernsteiner Anne Sears Barbara Carr Brenda Huntingford Brian Gleason Carol Palmer Cathy Taylor David Sullivan Erin Lundgren Greg Brotherton James Kennedy Janet Holbrook Jeff Chapman Jodi Adams Joe Nole Judy Shepherd Kate Dean Keith Harper Lauralee Keisel Leanne Dotson Lori Bailey Lysa Phillis Mark McCauley Matt Tyler Mindy Walker Monte Reinders Noeme Riddle Patty Charnas Philip Hunsucker Philip Morley Renee Talley Rose Ann Carroll Ruth Gordon Sabrina Hathaway Sophie Nordstrom Stacie Prada Su Tipton Susan Parke Tanda McMillin Veronica Shaw Vicki Kirkpatrick Willie Bence Order of Business Meeting called to order by Mark at 8:30 a.m. Stacie agreed to fill in as Secretary for the meeting. Request for additional agenda items/approve agenda (Mark) None Call for approval of the July 31, 2019 minutes (Mark) 1st Ruth, 2nd Greg, Unanimously Approved Presentation by Jeff Merrell, Koa Hills Consulting, Munis Client Project Manager Jeff outlined the process, project team and go-live ETA for Munis phase 1 (general ledger, grant management, cash management, budgeting, contract management, accounts payable, capital assets, accounts receivable, general billing, cashiering) of July 2020 and phase 2 (HR, payroll, employee self- service) of January 2021. Reports Expense Reports (Rose Ann)  July 2019, General Fund Departments reported 50.12% (w/o Non-Dept.) compared to 45.37% in 2018 and 46.42% in 2017. Other funds are at 59.08% compared to 59.8% in 2018 and 58.52% in 2017. Rose Ann highlighted those departments who currently exceed 58.33%. Revenue Reports (Stacie)  General Fund at $13,584,799 – 63% of the amended 2019 budget which is similar to previous years. PUD Privilege tax came in this month. The amount distributed to the general fund was $385,396 this year which is slightly less than last year. Page 2 of 3 Budget Committee Meeting Minutes  Other Funds at $18,320,748 – 54% of 2019 amended budget which is similar to past years.  General Fund Cash Balance - $8,112,936 at the end of July which includes the $3.23 million budgeted and required reserve. The General Fund reserve amount is now 15% of budgeted expenditures instead of 10% GF expenditures plus a revenue stabilization reserve.  General Sales Tax Receipts - $398,407 which includes $89,815 for Special Purpose in July 2019. Sales tax is 4.2 % over budget for 2019 YTD, and Special Purpose is 1% under. Cumulatively they’re 11.6% over budget for the month and 3% over budgeted year to date. Amended budgeted revenue amounts are reflected in this sheet.  REET Receipts - Fund 302 - $136,683 in July, which is up 25% from this month last year and 53% over budget for the month. Year to date amount is 15% over budget. We had one sale at $3.3 million which was 865 acres of forest land in Chimacum Ridge. We had 16 sales between $500,000 and one million. Eight were in Port Ludlow, five were in unincorporated Port Townsend, and one each in Brinnon, Sequim and Nordland.  Hotel/Motel Lodging Tax – Fund 125 - $48,748 in July, which is 27% over budget for the month and 9.7% more than the amount collected this month last year. Hotel/Motel revenue is 16.8% over budget for the year and 7.7% over last year’s revenue. Sympro Update (Stacie) Stacie updated the committee on Sympro implementation status. This program will replace AS400 for county and district debt and investments. It will interface with AS400 until Munis is up and running, and then it will interface with Munis. Terra and Stacie will meet with Carlton Young again on-site November 21-22. 2020-2021 Biennial Budget (Mark) Mark reminded everyone that preliminary budgets are due September 3, 2019. Supplemental budget appropriation requests are due Monday, September 9th. . Transit (David) David mentioned that the Transit Board will be holding a hearing on I-976 whereby car tabs are proposed to be reduced to $35. It affects the Transit budget greatly. David anticipates the Board will decide whether to take a position on this initiative, and he’d like to have Public Works input on how this will affect the county. Motion to Adjourn 9:16 a.m. (Mark) 1st Ruth, 2nd Philip H., Unanimously Approved Page 3 of 3 Budget Committee Meeting Minutes Next meetings and September 25, October 30 and November 27, 2019. Meetings are held the last Wednesday of each month except for the month of December.