HomeMy WebLinkAboutOct Budget Committee DRAFT MINUTES - Oct 27 2021
JEFFERSON COUNTY BUDGET COMMITTEE
Wednesday, October 27, 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 Judy Shepherd
Request for additional agenda items: Mark McCauley announced call for 4th quarter supplemental
appropriation has gone out and the BOCC will be discussing 2022-2023 budget on Nov 1. Also, on Nov. 1, Judy
Shepherd will become the County’s new finance manager.
Approval of the September 29, 2021 Minutes: Motion by Heidi Eisenhour,2nd by Philip Hunsucker, motion
passed unanimously.
Expense Report by Judy Shepherd. Please see September Expense Report.
Revenue Reports by Stacie Prada
• General Fund at $16,492,152 – 75.3% 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.
• Other Funds at $29,622,872– 73.4% of 2021 budget year to date which is a lot higher
than previous years.
• General Fund Cash Balance - $7.8 million at the end of September which includes the 3.7
million reserve.
• General Sales Tax Receipts - $508,542 which includes $112,903 for Special Purpose in
September 2021. Cumulatively, this is 23% over budget year to date. If it holds we’re
forecasted for about $1.25 million over budget for the year.
• Sales Tax by Sector: Sales tax composition by category reflects funds receipted in July
for September distribution for all of Jefferson County including the City of Port
Townsend.
• REET Receipts - Fund 302 - $192,392 in September which is 53% over budget for the
month and 9% less than what it was this month last year. We had a total of 31 sales
over $500,000 with five properties selling in unincorporated Jefferson County for over $1
million ranging from $1 million to $1.675 million. If it holds, the projection is to come in
$1.5 million over the original 2021 budget.
• Hotel/Motel Lodging Tax – Fund 125 - $90,656 in September. This puts it 22% over
budget for the month. Year to date, revenue is 97% over budget. The calculated
projection is to end the year $300,000 over budget, but I think it will be more like
$200,000 over budget since the amount over budget is getting closer to the monthly
projection each month (compare June at 144% over budget compared to 22% over this
month.
Meeting was Adjourned at 9:13. Motion by Mark McCauley, 2nd by Greg Brotherton
Minutes submitted by Kate Dean