HomeMy WebLinkAbout2022/10/31 - Budget BOARD OF MASON COUNTY COMMISSIONERS'
2023 BUDGET WORKSHOP
Mason County Commission Chambers,411 North 5th Street,Shelton,WA
Monday,October 31,2022
11:20 A.M. Budget Workshop 2023
Commissioners Neatherlin,Shutty,and Trask were in attendance via Zoom.
• General Fund Beginning Fund Balance$23 million. The Fund Balance Policy shares that to
adopt a budget where expenditures are higher than the revenue estimates the County can adopt
the budget of the previous years'revenues. 2021 revenues were$5.4 million over the actual
expenditures. If the budget is adopted as is,the County is using$2,368,117 from the Ending
Fund Balance. The 2023 Maintenance Level Budget expenditures are$45,916,128 and
revenues are$43,548,011. $6k was added to the WSU revenue due to a grant increase. Public
Defense had one Full-Time Employee(FTE)approved September 13 that was not included in
the budget,the FTEs should be 9 with an increase of$45k. Closed contract for the Teamsters
Appraisers added$21,050 to the Assessor's Office;Prosecutor's Clerical needs added;medical
rates will be added at the maximum rate;the levy shift and diversion of$1,080,000 has not
been decided. Levy shift is easier to eliminate than road diversion.
• Open Policy Level Requests(PLRs)$1,802,638. Approved PLRs moved to maintenance
$501,571;one-time approved PLRS moved to maintenance$111,094. Total$2,304,209.
- Auditor's Office 1 FTE Public Records position$74,035.
- Human Resources 1 FTE HR Analyst$91,003.
- District Court 1 FTE Deputy Administrator$115,915.
- Coroner's Office 1 FTE Deputy Coroner$74,476.
- Sheriffs Office 4 FTEs for a total of$390,792;overtime$165k;animal shelter program
$169,900;BHO contract$80k;trackables$65k;plus,an additional$433,517 for unfunded
American Rescue Plan Act(ARPA)requests-$90,928 for sidearms,$106,720 for rifles,
$235,869 for SWAT night vision and sighting. 4 deputy vehicles were added for$178k.
Total$1,447,209.
• Special Fund revenue and expenditures both equal$107,347,789. All PLRs were moved to
maintenance. Equipment Rental and Revolving(ER&R)rates were calculated at$2.7 million
and reduced to$1.45 million. The ER&R fund was reduced to$3.5 million from$4.8 million.
Rates will be done at two-and three-year periods.
• Fund 429(Boards Cove Reserve)and 480(Storm Drain System Dev)will be eliminated.
• Revenue and expenditure projections have been done for.09 funds and Real Estate Excise Tax
(REET) 1 and 2 funds. $67,500 of$90k from the.09 Sales and Use Tax fund has been paid
out to the Economic Development Council. The$62k Rustlewood and$800k Belfair Sewer
transfers have not been done yet. The$62k for Rustlewood is not budgeted for in 2023. The
Port of Grapeview submitted a$20k request.
• A debt paydown priority list for outstanding debt was shared:
- Mason County Limited Tax General Obligation(LTGO)2013 Jail Bond$1,020,000 at
5.723%interest can be paid off June 1,2023.
- Mason County LTGO 2021 Refunding Bond$2,883,750 at 2.55%to 4.2%interest can be
paid off any time.
- Mason County Public Works Bond$4,390,000 at 2.117%interest can be paid off any
time.
- Mason County LTGO 2020 B Refunding Bond$1,146,190 at 1.6%to 2.05%interest can
be paid off after October 27,2025.
- Mason County LTGO 2020 A Refunding Bond$6,466,720 at 1.95%can be paid off after
September 16,2025.
• Outstanding Mason County utilities:
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- North Bay/Case Inlet LTGO Refunding Bond$3,935,000 at 3%to 4%can be paid off
after December 1,2027.
- Beards Cove Water Meters USDA Loan 18A$157,589 at 0.0275%interest.
- Beards Cove Water Meters USDA Loan 19$102,381.97 at 3.125%interest.
- Belfair Wastewater$97,292.53.
- Belfair Wastewater$99,985.58.
• Jail medical costs will increase by$147k annually.
Respectfully submitted,
McKenzie Smith,Clerk of the Board
BOARD OF MASON COUNTY COMMISSIONERS
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evin Shutty Sharon Trask kWik Neather in
Chair Vice-Chair Commission
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