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HomeMy WebLinkAbout052125M Budget CommitteeJEFFERSON COUNTY BUDGET COMMITTEE – Meeting Minutes Wednesday, May 21, 2025 8:30 AM – 10:00 AM (PST) 1820 Jefferson Street, Port Townsend, WA & Hybrid Attendees: Amanda Hamilton Amit Sharma Andy Pernsteiner Apple Martine Brandon Mack Brenda Huntingford Brian Gleason Carolyn Gallaway Cathy Taylor Chelsea Pronovost David Fortino Heather Dudley-Nollette Heidi Eisenhour Greg Brotherton James Kennedy Jamie Aumock Jeff Chapman Jennifer Mitchell Josh Peters Judy Shepherd Lauralee Keisel Leanne Dotson Lori Bailey Lysa Phillis Maite Hollenbeck Mark McCauley Matt Tyler Mindy Walker Monte Reinders Philip Hunsucker Renee Talley Sarah Melancon Sasha Coker Shannon Burns Shawn Frederick Stacie Prada Veronica Shaw Willie Bence Budget Committee Chair - Judy Shepherd, Finance Director Secretary – Heidi Eisenhour, Commissioner Meeting called to order by Judy – 8:32 Order of Business Open Public Comment – No public comment Request for additional agenda items - Added discussion re: Moving biennial budget to an annual budget Call for approval of the April 19, 2025 Minutes – Philip moved, Heather seconded, passed unanimously Reports Expenditure Reports through April Brenda Target 29.17% 2025 at 29.53%, compared to 24.51% in ’24 and 26.07% in ‘23 Discussion of areas that are over target Revenue Reports through April Stacie General Fund at 39.4%, 36% and 34% in prior years Other funds at 26.9%, similar to prior years General fund cash balance – at $9.4M Reserve balance $4.75M, Non reserve cash balance $4.662M Special purpose sales tax higher than previous – @ 35.2% of annual budget, up 25% over ‘24 Discussed: Sales tax by sector – see report REET – 5.6% over budget this month Sales over $1M Hotel/Motel – YTD 4.7% below budget, up 4.1% from prior year Additional item Moving biennial budget to an annual budget – will be on BOCC agenda 6/2/2025 Discussion of Federal indicators – tracking continued decline in LEI (Leading Economic Index) Reminders: Next Meeting – June 18, 2025 8:30 AM Meeting adjourned – moved Mark, seconded Heidi