HomeMy WebLinkAboutBudget Committee Minutes- February 24 2021
JEFFERSON COUNTY BUDGET COMMITTEE MINUTES
Wednesday, February 24, 2021
Virtual meeting via GoTo
Attendees:
Andy Rowlson
Andy Pernsteiner
Anne Sears
Barbara Carr
Brian Gleason
Brenda Huntingford
Carol Palmer
Cathy Taylor
Claudette Oppe
Cliff Moore
Heidi Eisenhour
Greg Brotherton
James Kennedy
Jeff Chapman
Joe Nole
Jodi Adams
Judy Shepherd
Kate Dean
Keith Harper
Lauralee Keisel
Leanne Dotson
Lori Bailey
Lysa Phillis
Mark McCauley
Matt Tyler
Mindy Walker
Monte Reinders
Patty Charnas
Philip Hunsucker
Philip Morley
Renee Talley
Rose Ann Carroll
Ruth Gordon
Sophie Nordstrom
Stacie Prada
Su Tipton
Susan Parke
Tanda McMillin
Veronica Shaw
Vicki Kirkpatrick
Willie Bence
Order of Business
Meeting was called to order at 8:33 am by Treasurer Stacie Prada, who chaired the
meeting in Mark McCauley’s absence. There was a request to add the meeting link to
Outlook invites in the future.
Call for approval of the January 27, 2021 Minutes-
1st Philip, 2nd Ruth, Approved unanimously
Reports
Expense Report (Judy Shepard) – see General Fund and Other Fund Expense Reports.
General Fund expenses are at 9.2% (should be 8.33%) Other Funds expenses at 6.69%.
Revenue Reports (Stacie Prada)
General Fund at $907,951 – 4.4% of the 2021 budget year to date. The second sheet shows
general fund revenue charts showing 2015-2021 year to date detail and percentage of
actual full year collections. 2021 is shown as a percentage of our adopted and amended
budget.
Other Funds at $2,187,775– 6.1% of 2020 budget year to date which is slightly higher than
previous years.
General Fund Cash Balance - $8.1 million at the end of January which includes the $3.3
million budgeted reserve. The reserve equals 15% of the final approved budget
expenditures.
General Sales Tax Receipts - $416,647 which includes $89,951 for Special Purpose in January
2021. Cumulatively, this is almost 20% over budget for the month.
Sales Tax by Sector: Sales tax composition by category reflects funds receipted in
November for January distribution. The amount collected for General & Optional was 8%
more than this period last year for the county and 3% over for the City of Port Townsend.
REET Receipts - Fund 302 - $88,027 in January which is 65% over budget and 27% over what
it was this month last year. We had a total of 10 sales over $500,000 with a residence in
Quilcene selling for $1.7 million.
Hotel/Motel Lodging Tax – Fund 125 - $38,926 in January. This puts it 47% over budget for
the month and 21.6% over what was collected this month last year. Revenue reflects 2%
"basic" as a credit against 6.5% state sales tax, 2% "special" tax levied locally, interest on
amounts held at DOR until disbursement, and 1% Admin fee from DOR. Revenue is
reported one month after reporting to DOR. It typically reflects collections for activity from
two months prior to distribution. Some businesses may report quarterly or annually.
1st Quarter Supplemental Requests are due March 15, 2021
Munis Update- the team is working hard to implement. Go Live date is set for April 1.
Energov is May 1.
Potential Additional Covid-19 Funding- House is expected to passed $1.9T relief
package, which could provide Jefferson County up to $6.3M.
Motion to Adjourn - 1st Heidi, 2nd Cliff, Approved unanimously
REMINDERS:
The next meeting is March 31, 2021. Meetings are scheduled the last Wednesday of each
month except December.
Minutes submitted by Kate Dean