04/23/2019 - MinutesRole of the Finance Committee
The finance committee provides oversight of city budgeting, financial planning, and financial reporting. The committee recommends long-range
financial goals along with funding strategies for the operating and capital budgets. Human resource issues requiring policy direction are brought
before the committee. The committee serves as the advisory forum for transportation and street maintenance funding, and funding relating to the
transportation benefit district.
City of Port Orchard
Council Finance Committee
A meeting of the Council Finance Committee was held in the Mayor Conference Meeting
Room at City Hall on April 23, 2019 at 5:00 p.m.
PRESENT: Council members John Clauson, Beck Ashby and Shawn Cucciardi, Mayor
Rob Putaansuu, Director of Finance Noah Crocker,
The meeting was audio recorded.
Finance Report
The sales tax revenue collected thru March 2019 is at 6.4% over its 2019 budget and
5.3% over the 2018 actual sales tax revenue collected.
Real Estate Excise Tax collected thru March 2019 is at $305,290. This represents
approximately 22% of the biennial budget and approximately 44% of what was budgeted
for collections for 2019. The committee reviewed a fund balances and had no questions
or concerns.
Small Business Development
The Mayor discussed a new program for small business development that the City may
want to invest in the future to attract, educate, and support small business in Port
Orchard.
Community Center
The Mayor discussed and updated the finance committee on the current situation with
the community center efforts. The Mayor emphasized that the City of Port Orchard may
need to take a stronger leadership position to help support the project. This could mean
seeking grant funding from the Public Facilities District to conduct a needs assessment
with the community.
The meeting adjourned at 5:40 pm.