MINUTES FROM THE PUBLIC HEARING 2020 BUDGET MEETING
OF THE PORT OF HOODSPORT COMMISSION
November 13, 2019
Call to Order: 9:00am Adjourned: 9:11am
Roll Call: Commissioner Petz – Commission Chair
Commissioner Brazil – present via telephone
Commissioner Booth
Staff Present: K Wyatt, Port Operations Manager
B Osborne, Port Maintenance
S Lindgren, Port Maintenance
Public: Jan Morris – Hardware Distillery
A Public Hearing was held to consider testimony before adopting the FINAL 2020 Port of Hoodsport Budget.
The Public was invited to speak, Jan noticed the projected ending balance had a 2019 date instead of a 2020 date, it was noted to change the final copy.
Commissioner Brazil acknowledged the ‘Security’ Line item that was discussed at the October meeting was not inserted in the budget. Commissioner Petz asked the port administrator to remove $100.00 from each commissioner per Diem line to insert into a created ‘Security’ line to show $300.00 in the ‘Security’ budget as discussed at the previous meeting. Changes to be made on the final copy of the 2020 Budget.
Commissioner Brazil acknowledged and gave K Wyatt credit on the incredible effort put into the balanced 2020 budget.
There were no other comments or questions and the Public Hearing was closed.
Commissioner Petz motioned to let the record reflect that the 2020 Budget with the changes, is a balanced budget, Commissioner Brazil seconded, unanimously approved.
A motion was made by Commissioner Brazil to approve the 2020 Budget Resolution R19-01 to reflect the Beginning Balance of $121,088.00, Income Revenue amount being $179,154.00 which includes a transfer from the investment account of $60,000.00 for septic drain field repairs, Expenditures $179,154.00 with the expected ending balance of $121,088.00; the motion was seconded by Commissioner Booth and it was unanimously approved.
Commissioner Booth motioned to close the Public Hearing for the 2020 Budget, Commissioner Brazil seconded, it was unanimously approved.
Commissioner Petz Commissioner Brazil Commissioner Booth
| PORT OF HOODSPORT 2020 BUDGET | ||
| Ending Bal 2019 | Beginning Balance JAN 2020 | $ 121,088.00 |
| REVENUE | ||
| 362.40.02.0000 | Moorage Fees (Port Dock/Marina) | $ 600.00 |
| 311.10.00.0000 | Property Taxes Levy | $ 97,498.00 |
| 312.10.00.0000 | Timber Excise Tax | $ 15,550.00 |
| 317.20.00.0000 | Leasehold Excise Tax | $ – |
| 317.30.00.0000 | Refund Levy Tax | $ 456.00 |
| 386.00.14.0000 | Sales Tax (Moorage) | $ 50.00 |
| 361.11.00.0000 | Investment Interest | $ 5,000.00 |
| 369.90.00.0000 | InvestmentTransfer Septic System Repair | $ 60,000.00 |
| 2020 Total Revenues | $ 179,154.00 | |
| Total Funds Available for Port of Hoodsport | Port of Hoodsport | $ 300,242.00 |
| EXPENSES | ||
| 781.10.00.0010 | Commissioner Position 1 | $ 2,400.00 |
| 781.10.00.0020 | Commissioner Position 2 | $ 2,400.00 |
| 781.10.00.0030 | Commissioner Position 3 | $ 2,400.00 |
| 781.21.00.0000 | Social Security | $ 850.00 |
| 781.22.00.0000 | Industrial Insurance | $ 100.00 |
| 781.41.00.0010 | Office & Maintenance Supplies | $ 700.00 |
| 781.41.00.0020 | Small Tools PC | $ 1,200.00 |
| 781.41.00.0030 | Postage | $ 300.00 |
| 781.31.00.0010 | Attorney Services | $ 250.00 |
| 781.33.00.0010 | Administration/CPA/Computer Tech IT | $ 33,600.00 |
| 781.33.00.0010 | State Auditor -Schedule 22/Assessment | $ 2,600.00 |
| 781.60.00.0010 | Other Lease/Rent | $ 4,200.00 |
| 781.71.00.0020 | Election (Mason Co. Election Fees) | $ 1,000.00 |
| 781.72.00.0010 | Lodging.Seminar.Parking.Meals | $ 3,000.00 |
| 781.72.00.0020 | Mileage | $ 900.00 |
| 781.73.00.0010 | WA Gov Entity Pool – Enduris | $ 5,000.00 |
| 781.74.00.0010 | Newspaper Notices | $ 200.00 |
| 781.75.00.0010 | Membership/Dues | $ 1,500.00 |
| 781.79.00.0010 | Marketing | $ 200.00 |
| 781.88.00.0010 | Telephone/Fax/Internet | $ 2,500.00 |
| 781.88.00.0020 | Email & On-Line Charges | $ 200.00 |
| 783.30.00.0010 | Waterfront Park | $ 6,000.00 |
| 783.30.00.0020 | Marina/Dock | $ 8,000.00 |
| 783.30.00.0030 | Port Office | $ 300.00 |
| 783.30.00.0040 | Hoodsport Trail Park | $ 4,900.00 |
| 783.30.00.0050 | Public Restrooms | $ 28,000.00 |
| 783.30.00.0060 | Securiity | $ 300.00 |
| 783.30.00.0080 | Disc Golf Course | $ 4,000.00 |
| 783.30.00.0090 | Septic System Repair | $ 62,000.00 |
| 781.90.00.0010 | Warrant Costs | $ 100.00 |
| 781.90.00.0030 | Prop Taxes | $ 54.00 |
| Total Expenses | $ 179,154.00 | |
| 2020 | Projected Ending Balance | $ 121,088.00 |