HomeMy WebLinkAboutDRAFT Budget Committee Minutes - May 26 2021
JEFFERSON COUNTY BUDGET COMMITTEE
DRAFT Meeting Minutes
Wednesday, May 26, 2021 (held virtually due to Covid-19)
Attendees:
Andy Rowlson
Andy Pernsteiner
Anne Sears
Barbara Carr
Brian Gleason
Brenda Huntingford
Carol Palmer
Carolyn Gallaway
Cathy Taylor
Cliff Moore
David Fortino
Heidi Eisenhour
Greg Brotherton
James Kennedy
Jeff Chapman
Joe Nole
Jodi Adams
Judy Shepherd
Kari Binns
Kate Dean
Keith Harper
Lauralee Keisel
Leanne Dotson
Lori Bailey
Lysa Phillis
Mark McCauley
Matt Tyler
Mindy Walker
Monte Reinders
Philip Hunsucker
Renee Talley
Rose Ann Carroll
Ruth Gordon
Sophie Nordstrom
Stacie Prada
Su Tipton
Susan Parke
Veronica Shaw
Vicki Kirkpatrick
Willie Bence
Order of Business
Meeting was called to order at 8:32 am
Minutes from the April 28, 2021 Meeting were approved- Motion by Ruth Gordon, 2nd by Heidi Eisenhour, motion
passed.
New Budget Committee Chair
Rose Ann will serve as Budget Committee Chair until December, 2021 and then Stacie Prada will resume Chair duties for
2022- Motion by Stacie Prada, 2nd: Phil Hunsucker, motion passed.
Expense Report- Rose Ann: see April paid in May expense reports. Should be at 33.3%, 12 funds are over in
General Funds, 7 funds are over in Other Funds.
Revenue Report- Stacie:
• General Fund at $7,934,025 – 38.3% of the 2021 budget year to date which is on track. The second
sheet shows general fund revenue charts showing 2015-2021 year to date detail and percentage of
actual full year collections. Look at the bottom line to see that percentage of full year has ranged from
34 -38 % for April YTD. 2021 is shown as a percentage of our adopted and amended budget.
• Other Funds at $13,387,182– 36.2% of 2021 budget year to date which is higher than previous years.
Crime Victim’s Services, Grant Management, Public Health, Community Development and Capital
Improvement are all more than 20% over last year’s percentage.
• General Fund Cash Balance - $9.257 million at the end of April which includes the $3.6 million
budgeted reserve. I’ve updated the chart in hopes it will be more intuitive and give more context. The
one on the left shows total cash balance for the month end historically and this last month broken
down by reserve and non-reserved cash. Please note that with property tax collections, this is a time
of year with higher cash balance to get us through to October’s property tax collections.
• General Sales Tax Receipts - $1.39 million which includes $306,630 for Special Purpose in April 20 21.
Cumulatively, this is 20 % over budget year to date and if it holds we’re forecasted for about $1
million over budget for the year.
• REET Receipts - Fund 302 - $138,647 in April which is 95 % over budget and 76 % over what it was
this month last year. We had a total of 19 sales over $500,000 with a residence in unincorporated Port
Townsend selling for $1.3 million and two homes in Port Ludlow at $1.2 and $1.3 million. This month I
included a bonus sheet showing some analysis I did regarding REET count and sales amounts for full
year and April 30 YTD back to 2014. If sales hold as they have this year so far, we’re looking at about
$1.8 million for county revenue with exceeds our $1.1 million budget. I anticipate we’ll modify this
during one of the quarterly appropriations.
• Hotel/Motel Lodging Tax – Fund 125 - $43,464 in April. This puts it 77 % over budget for the month
and 49 % over what was collected this month last year. Year to date, revenue is 47 % over budget
and 39 % over last year.
Munis Update- Munis goes live June 1, 2021 and will be phased-in County-wide in the weeks following.
2021 American Rescue Plan- BOCC to decide on funding priorities in June, 2021
Meeting was adjourned at 9:18 Motion: Ruth Gordon, 2nd by Andy Pernsteiner, motion passed.
Next meeting is June 30, 2021.
Minutes submitted by Kate Dean, Secretary