HomeMy WebLinkAboutDRAFT MINUTES Jan 2022 Budget Committee
JEFFERSON COUNTY BUDGET COMMITTEE MINUTES
Wednesday, January 26, 2022
Attendees:
Andy Pernsteiner
Anne Sears
Apple Martine
Barbara Carr
Brenda Huntingford
Brent Butler
Brian Gleason
Bridget Gregg
Carol Palmer
Carolyn Gallaway
Cathy Taylor
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
Sarah Melancon
Sophie Nordstrom
Stacie Prada
Su Tipton
Susan Parke
Veronica Shaw
Willie Bence
Order of Business
Meeting was called to order at 8:31 by Chair Rose Ann.
Approval of the Nov 23, 2021 Minutes, motion by Mark, 2nd by Ruth, motion carries.
Expense Report by Rose Ann, see Expense reports.
Revenue Reports by Stacie Prada
• General Fund at $23,194,359 – 104.3% of the 2021 budget. Sales Tax was the leading reason for
ending over budget for the year. The second sheet shows general fund revenue charts showing 2015-
2021 year to date detail and percentage of actual full year collections. The light green portion at the top
of the 2020 column reflects CARES funding and visually shows how we would have been down from
2019 without it.
• Other Funds at $40,513,743 – 104.2% of 2021 budget. Some funds differ from Munis due to non-
revenue items included from AS400 as of 5/31/2021.
• General Fund Cash Balance - $6.66 million at the end of December which includes $3,996,889 reserve.
The reserve increased 15% of the 4th quarter budget appropriations for expenditures.
• General Sales Tax Receipts - $461,986 which includes $101,650 for Special Purpose in December 2021.
Cumulatively, this is 19.45% over budget year. We came in at $1,024,107 over budget for the year.
Preliminary Sales Tax revenue has been posted to the DOR site and is included on the next sheet.
• Sales Tax by Sector: Sales tax composition by category reflects funds receipted in October for
December distribution. The left side shows revenue for Jefferson County from activity in
unincorporated Jefferson County. This amount is the General and Optional amount of 0.50% each.
The right side shows City of PT sales tax sector with revenue to the county at 0.075% for each for the
General and Optional sales tax. Together, the current revenue at the bottom of the sheet for each
equals the total amount of sales tax revenue received by Jefferson County. Sales tax and Hotel/Motel
are similar to Jan 2021.
We received $360,336 in December where $321,901 was generated from sales in the county at 1.0%,
and 38,435 was generated by the city portion at 0.15%. State DOR charges an administration fee, and
we do earn interest on the dollars they hold between receipt and distribution.
• Sales Tax Location Comparison - JeffCo, PT, Poulsbo & Sequim: This graph and data was created using
statewide sales tax data available on the DOR website. It was interesting to me to see that many
counties and cities are having their best year, yet the City of Port Townsend and Seattle have similar
trends with 2021 flat to 2018-2019.
• REET Receipts - Fund 302 - $142,371 in November which is 55% over budget for the month and 5% less
than what it was this month last year. We had a total of 23 sales over $500,000 with four properties
selling in unincorporated Jefferson County for over $1 million ranging from $1 million to $1.7 million.
At year end, it came in at $929,000 over 2021 budget. The total sales amount for the year was
$586,691,234 which was almost 30% over last year.
• Hotel/Motel Lodging Tax – Fund 125 - $53,129 in December. This puts it 19% over budget for the month
and 2.6% less than this month last year. Year to date, revenue is $242,636 and 45% over budget. The
second sheet is using the statewide sales tax data and shows the trend for Special Hotel/Motel in
Jefferson County and Port Townsend from 2012-current. This is one-half of the amount collected as it
doesn’t include the state revenue sharing portion.
Budget Committee Chair for 2022: Mark McCauley made a motion nominating Judy Shepherd, Greg 2nd,
passed unanimously.
Motion to Adjourn by Mark at 9:40, 2nd by Ruth, motion carried.
The next meeting is February 23, 2022.
Minutes submitted by Kate Dean.