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03/22/2021 - PacketCity of Port Orchard Lodging Tax Advisory Committee Agenda Monday, March 22, 2021 @ 9:00 AM VIA ZOOM Chair: Councilmember Jay Rosapepe The City is prohibited from conducting meetings unless the meeting is NOT conducted in-person and instead provides options for the public to attend through telephone access, internet or other means of remote access, and also provides the ability for persons attending the meeting (not in-person) to hear each other at the same time. Therefore; Remote access only Link: https://us02web.zoom.us/j/81453349129 Zoom Meeting ID: 814 5334 9129 Zoom Call-In: 1-253-215-8782 AGENDA 1. Introductions/Roll Call 2. Status of Special Events 3. Funding a. Fund Balance b. Budget versus Activity 4. Meeting Adjournment From:Noah Crocker To:Brandy Rinearson Cc:Jay Rosapepe Subject:RE: 2021 Lodging Tax Funds Date:Friday, March 12, 2021 3:42:45 PM Attachments:Fund 107 Budget, Rev & Exp, Fund Bal.pdf Brandy,   Attached are the reports you requested.   In summary, after the close of Feb. 2021 the fund has a fund balance of $222,667 (page 3).   In 2020, our revenues exceeded our expense by $60,129 (page 1). Year to date for 2021 Revenue has exceeded expense by $10,665.   I would be happy to go over the attached reports with you and Jay at your convenience and discuss further.   -Thanks Noah     Noah Crocker Finance Director City of Port Orchard 360-876-7023 ncrocker@cityofportorchard.us www.cityofportorchard.us Like us on Facebook ü Please consider the environment before printing this e-mail Please be aware that e-mails which pertain to City business may be considered public records and may be subject to public disclosure laws. If you think that you have received this e-mail message in error, please notify the sender via e-mail or telephone at 360.876.4407.   From: Brandy Rinearson <brinearson@cityofportorchard.us>  Sent: Wednesday, March 10, 2021 1:26 PM To: Noah Crocker <ncrocker@cityofportorchard.us> Cc: Jay Rosapepe <jrosapepe@cityofportorchard.us> Subject: 2021 Lodging Tax Funds   Hello Noah,   Chair Rosapepe is calling for a committee meeting with the Lodging Tax members. He would like to know what the fund balance is for Lodging Tax. Can you provide that to us?   Jay…was there anything else you wanted from Noah for this meeting?   Best Wishes,   Brandy Rinearson, MMC, CPRO City Clerk/Assistant to the Mayor City of Port Orchard Direct (360) 876-7030 Fax (360) 895-9029 www.cityofportorchard.us   Our doors are closed to the public, however we continue to serve the citizens of Port Orchard via telephone and email, Monday through Friday 8am to 4:30pm. Emergency services are available 24 hours a day by calling 911.   Please consider the environment before printing this e-mail. Please be aware that e-mails which pertain to City business may be considered public records and may be subject to public disclosure laws. If you think that you have received this e-mail message in error, please notify the sender via e-mail or telephone at (360) 876-7030.   3/12/2021 2:43:13 PM Page 1 of 3 Budget Worksheet City of Port Orchard Account Summary For Fiscal: 2021 Period Ending: 02/28/2021 2021 YTD Activity 2021 Total Budget 2020 Total Activity 2020 Total Budget 2019 Total Activity 2019 Total Budget 2021 2021 3-Final 2022 2022 3-Final Defined Budgets Fund: 107 - Community Events Revenue Hotel/Motel Sales and Use Tax 100,000.00107.00.313.31.00 100,000.00 102,138.41100,000.00 115,291.31 100,000.00 100,000.0012,444.76 Investment Interest 0.00107.00.361.11.00 0.00 1,185.810.00 3,738.11 0.00 0.0047.79 Reserved Cash & Investments-Be…200,000.00107.08.308.10.00 0.00 0.000.00 0.00 200,000.00 0.000.00 Est Restricted Fund Bal- Beg 0.00107.08.308.30.00 0.00 0.00135,246.00 0.00 0.00 0.000.00 300,000.00 12,492.55 300,000.00 100,000.00100,000.00119,029.42235,246.00 103,324.22Revenue Total: Expense Salaries-Tourism 0.00107.01.557.30.10 1,700.00 0.001,700.00 0.00 0.00 0.000.00 Benefits-Tourism 0.00107.01.557.30.20 800.00 0.00800.00 0.00 0.00 0.000.00 Salaries-Administrative 6,700.00107.07.557.30.10 6,700.00 1,055.606,700.00 1,372.54 6,700.00 7,440.00105.94 Benefits-Adminstrative 3,000.00107.07.557.30.20 3,000.00 427.313,000.00 749.68 3,000.00 3,360.0054.91 Services-Tourism-Admin 100,000.00107.07.557.30.40 100,000.00 41,711.75100,000.00 100,281.14 100,000.00 86,000.001,666.66 Reserved Cash & Investments-En…0.00107.09.508.10.00 0.00 0.000.00 0.00 0.00 193,500.000.00 Est Restricted Fund Bal - End 0.00107.09.508.30.00 110,846.00 0.000.00 0.00 0.00 0.000.00 109,700.00 1,827.51 109,700.00 290,300.00223,046.00102,403.36112,200.00 43,194.66Expense Total: 190,300.00 10,665.04 190,300.00 -190,300.00-123,046.0016,626.06123,046.00 60,129.56Fund: 107 - Community Events Surplus (Deficit): 190,300.00 190,300.00 -190,300.00-123,046.0016,626.06123,046.00 10,665.0460,129.56Report Surplus (Deficit): Budget Worksheet For Fiscal: 2021 Period Ending: 02/28/2021 3/12/2021 2:43:13 PM Page 2 of 3 Group Summary Account Typ… 2021 YTD Activity 2021 Total Budget 2020 Total Budget 2019 Total Budget Defined Budgets 2020 Total Activity 2019 Total Activity 2021 2021 3-Final 2022 2022 3-Final Fund: 107 - Community Events Revenue 300,000.00 12,492.55 300,000.00 100,000.00100,000.00235,246.00 119,029.42 103,324.22 Expense 109,700.00 1,827.51 109,700.00 290,300.00223,046.00112,200.00 102,403.36 43,194.66 190,300.00 10,665.04 190,300.00 -190,300.00-123,046.00123,046.00Fund: 107 - Community Events Surplus (Deficit):16,626.06 60,129.56 190,300.00 190,300.00 -190,300.00-123,046.00123,046.00 10,665.04Report Surplus (Deficit):16,626.06 60,129.56 Detail Report Date Range: 02/01/2021 - 02/28/2021 3/12/2021 3:33:25 PM Page 2 of 2 Fund Summary Ending BalanceBeginning BalanceFund Total Activity 107 - Community Events 218,081.42 222,667.054,585.63 Grand Total:218,081.42 222,667.054,585.63