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HomeMy WebLinkAboutDRAFT Budget Committee Minutes - July 28 2021 JEFFERSON COUNTY BUDGET COMMITTEE DRAFT MINUTES Wednesday, July 28, 2021 8:30 am Meeting held virtually via GoTo Meeting due to Covid-19 emergency Attendees: Andy Pernsteiner Anne Sears Barbara Carr Brian Gleason Brenda Huntingford Carol Palmer Carolyn Gallaway Cathy Taylor Cliff Moore David Fortino Erin Lundgren 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 Shannen Cartmel Sophie Nordstrom Stacie Prada Su Tipton Veronica Shaw Vicki Kirkpatrick Willie Bence Meeting was called to order at 8:31am by Rose Ann Carrol Agenda was approved as amended. Motion by Ruth, 2nd by Heidi, motion carried unanimously Approval of the June 30, 2021 Minutes: Motion by Ruth, 2nd by Phil H, motion carried unanimously Reports Expense Report by Rose Ann, please see attached Expense Report Revenue Reports by Stacie Prada • General Fund at $12,205,667 – 58.9% of the 2021 budget year to date which is higher than previous years. 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 is 59% and has ranged from 50-59% for June YTD. • Other Funds at $21,951,422– 59.4% of 2021 budget year to date which is a lot higher than previous years. Fund 123 for Grant Management has the ARPA funds received in June for $3.157 million. I anticipate this will be addressed in a budget appropriation and change the percentage in future months. • General Fund Cash Balance - $9.15 million at the end of June which includes the $3.6 million budgeted reserve. Please note that with property tax collections, this month is typically the peak month of the year where we have cash from April and May property tax collections to get us through to October’s property tax collections. • General Sales Tax Receipts - $459,162 which includes $99,946 for Special Purpose in June 2021. Cumulatively, this is 24% over budget year to date and if it holds we’re forecasted for about $1.3 million over budget for the year. • Sales Tax by Sector: Sales tax composition by category reflects funds receipted in April for June distribution. The amount collected for General & Optional was 47% more than this period last year for the county and 50% more for the City of Port Townsend. As you’ll recall, the Stay Home, Stay Healthy order was put in place on March 23, 2020 and affected all of April last year. • REET Receipts - Fund 302 - $192,025 in June which is 56% over budget and 7% less than what it was this month last year. We had a total of 28 sales over $500,000 with five properties selling in unincorporated Jefferson County for over $1 million. Four were in tax code 211 (Nordland and Chimacum) and one in 323 (Quilcene). If it holds, the projection is to come in $1.3 million over the original 2021 budget. • Hotel/Motel Lodging Tax – Fund 125 - $69,468 in June. This puts it 145% over budget for the month. Year to date, revenue is 70% over budget and more than double for this time last year. If it holds, the projection is to come in $240,000 over budget for the year. Munis Update by Mark, Stacie & Rose Ann: Munis went live June 1, 2021 and continues to get implemented in phases. Departments have worked exceptionally hard and patiently during transition to Munis. Payroll will not transfer over until July 1, 2021. Support team from Munis has been disappointing. 2022-23 Biennial Budget Objectives/Procedures Resolution- Mark: Resolution was sent out to budget committee outlining new budget process and priorities. Discussion of ARPA and CARES funding decisions by BOCC- Mark presented the approved commitments for the remainder of CARES funds and initial ARPA funds. Justification narratives for supplemental appropriations/ extensions- Mark: BOCC is requesting more detail in appropriation requests Motion to Adjourn at 9:27 , 1st by Ruth, 2nd by Greg, passed unanimous Rose Ann Next meeting -- August 25, 2021