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HomeMy WebLinkAboutSept 21 Budget Committee Minutes Final JEFFERSON COUNTY BUDGET COMMITTEE DRAFT Meeting Minutes Wednesday, September 29, 2021 at 8:30 am Meeting held virtually due to Covid-19 Attendees in Bold: Andy Pernsteiner Anne Sears Barbara Carr Brian Gleason Brenda Huntingford Carol Palmer Carolyn Gallaway Cathy Taylor 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 Sophie Nordstrom Stacie Prada Su Tipton Veronica Shaw Vicki Kirkpatrick Willie Bence Brent Butler Meeting was called to order at 8:32 by Chair Judy Shepard Approval of Minutes from the August 25, 2021 meeting. Motion by Heidi Eisenhour, 2nd by Joe Nole, motion passed unanimously. Expense Report: see August 2021 Expense Report by Judy Shepard. Budgets should be at 66.66% or less. Revenue Reports by Treasurerer Stacie Prada. • General Fund at $15,003,144 – 68.5% 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. Second Quarter appropriations are reflected in the budget. • Other Funds at $27,789,904– 68.8,% of 2021 budget year to date which is a lot higher than previous years. Budget appropriations are reflected, and fund 123 for Grant Management was adjusted for ARPA funds received of $3.157 million. • General Fund Cash Balance - $8.375 million at the end of August which includes the 3.7 million reserve. • General Sales Tax Receipts - $565,446 which includes $123,789 for Special Purpose in August 2021. Cumulatively, this is 24% over budget year to date. If it holds we’re forecasted for about $1.35 million over budget for the year. • Sales Tax by Sector: Sales tax composition by category reflects funds receipted in June for August distribution for all of Jefferson County including the City of Port Townsend. • REET Receipts - Fund 302 - $305,424 in August which is 181% over budget and 87% over what it was this month last year. We had a total of 45 sales over $500,000 with eight properties selling in unincorporated Jefferson County for over $1 million. The top two sales totaling $15 million were designated forest land on the west end. If it holds, the projection is to come in $1.5 million over the original 2021 budget. • Hotel/Motel Lodging Tax – Fund 125 - $85,104 in August. This puts it 39% over budget for the month. Year to date, revenue is 129% over budget, and if it holds, the projection is to end the year $347,000 over budget. 2022-23 Biennial Budget Presentations to BoCC: Mark McCauley and Departments will present to BOCC on September 30 (Elected Officials) and October 1 (Department Directors) Meeting Adjourned at 9:15am: Motion by Ruth Gordon, 2nd by Mark McCauley, motion passed unanimously. Minutes submitted by Kate Dean