HomeMy WebLinkAboutMINUTES Budget Committee Nov 2021JEFFERSON COUNTY BUDGET COMMITTEE MINUTES
Wednesday, November 24, 2021
8:30 am
Meeting held virtually due to Covid-19 emergency
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
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 8:32am by Chair Judy Shepherd.
Approval of the October 27, 2021 Minutes- Motion by Ruth Gordon, 2nd by Heidi Eisenhour, Motion carried.
Expense Report by Brenda Huntingford. Funds should be at 83.33%, general fund is at 82.69% total.
Non-departmental is over due to Covid expenses. Other funds are at 64.30% total.
Revenue Reports by Stacie Prada
• General Fund at $20,079,785 – 91% of the 2021 budget year to date which is higher
than previous years. Third quarter appropriations are reflected. 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 $34,028,555– 87.7% of 2021 budget year to date which is a lot higher than previous years.
• General Fund Cash Balance - $8.97 million at the end of October which includes
$3,782,397 reserve that includes third quarter appropriations.
• General Sales Tax Receipts - $514,331 which includes $111,516 for Special Purpose in
October 2021. Cumulatively, this is 22% over budget year to date. If it holds we’re forecasted
for about $1 million over budget for the year.
• Sales Tax by Sector: Sales tax composition by category reflects funds receipted in
August for October distribution for all of Jefferson County including the City of Port Townsend.
• REET Receipts - Fund 302 - $242,114 in October which is 81% over budget for the
month and 17% less than what it was this month last year. We had a total of 43 sales over $500,000 with eight properties selling in unincorporated Jefferson County for over $1 million ranging from $1 million to $2.425 million. If it holds, the projection is to come in $1.5 million
over the original 2021 budget, but if we only meet budget for November and December,
revenue will be 1.27 million over budget for the year.
• Hotel/Motel Lodging Tax – Fund 125 - $67,952 in October. This puts it 2% over budget
for the month and 13% less than this month last year. Year to date, revenue is 73% over
budget. The calculated projection is to end the year $254,000 over budget, but it will be more
like $200,000 over budget if we meet budgeted revenue for November and December.
Budget Update by Mark McCauley: Budget Hearing is Dec. 6th at 10:30am.
Motion to Adjourn by Heidi Eisenhour, 2nd by Andy Pernsteiner, meeting adjourned at 8:56am.
Next meeting – January 26, 2022
Minutes submitted by Kate Dean.