HomeMy WebLinkAbout032823M minutes Budget CommitteeJEFFERSON COUNTY BUDGET COMMITTEE
Budget Committee DRAFT Meeting Minutes Wednesday, March 29, 2023 8:30 AM Attendees: Amanda Hamilton Andy Pernsteiner Anji Scalf Apple Martine Brenda Huntingford Brent Butler Brian Gleason Bridget Gregg Carolyn Gallaway Cathy Taylor
Chris Goy David Fortino Heidi Eisenhour Greg Brotherton James Kennedy Jeff Chapman Joe Nole Josh Peters Judy Shepherd Kari Binns
Kate Dean Lauralee Keisel Leanne Dotson Lori Bailey Lysa Phillis Mark McCauley Matt Tyler Mindy Walker Monte Reinders Philip Hunsucker
Renee Talley Sarah Melancon Sasha Coffey Shannon Burns Sophie Nordstrom Stacie Prada Veronica Shaw Willie Bence
Meeting was called to order at 8:32 by Chair Judy Shepherd Motion to approve the February 22, 2023 Minutes by Heidi E and Phil H, motion carries Expenditure Reports presented by Brenda Huntingford (see reports in Laserfiche) Revenue Reports presented by Stacie Prada (see reports in Laserfiche) • General Fund at $3,026,117 – 12.7% of the 2023 budget. The second sheet shows general fund revenue charts showing 2015-2023 detail and percentage of actual full year collections.
• Other Funds at $6,039,570 – 11% of 2022 budget. Funds are grouped at the top by fund type, and YTD percentages are provided. The graph on the second page shows the full year and YTD percentage lines.
• General Fund Cash Balance - $6,597,055 for February which includes $3,857,232 for the 15% of expenditure reserve.
• General Sales Tax Receipts - $412,586 General and Optional Sales Tax and $120,428 for Special Purpose this month. Cumulatively, this is 0.2 under YTD budget and 805% over YTD for last year.
• Sales Tax by Sector: Year to Date Retail trade is up 2% in unincorporated Jefferson County and 2% within the City of Port Townsend. Year to Date Construction is up 14% in the county and up 88% in the city.
• REET Receipts - Fund 302 - $49,140 for the month which is 42% under budget for the month and 52% less than what it was this month last year. Year to Date it’s 40% less than last year. We had one sale over $1 million in unincorporated Jefferson County which is the same as this month last year.
• Hotel/Motel Lodging Tax – Fund 125 - $55,082 This is 42% over budget for the month and 16.2% more than 2022 YTD.
• DNR Timber Trust 1 – Amounts are distributed by the levy rates for the tax code areas where the timber activity occurs. It shows distributions for full years 2017-2022 and 2023 YTD.
• TAV –Distribution details by District and by District Type for 2021-2023 YTD. This is distributed quarterly and includes 1st Quarter 2023. Receipts in Quarter 1 were $353,273. With the beginning reserve of $178,124, distributions thus far for 2023 total $531,397. Next Meeting – 4/26/2023, 8:30 AM Motion to Adjourn at 9:34 by Heidi E, 2nd by Phil H, motion carries. Minutes submitted by Kate Dean, Secretary