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HomeMy WebLinkAbout2022-06-16-minutes-finance-study-sessionKittitas County Board of County Commissioners Finance Study Session (Monthly) Thursday, June 16, 2022 MINUTES Commissioners Present: Laura Osiadacz, Brett Wachsmith, Cory Wright Management/Staff Present: Jerry Pettit (Auditor), Amy Cziske (Treasurer), Brian Carlson (Budget/Finance Director) 1. Call to Order: 1:30pm 2. Citizen Comments: none 3. Capital Asset Inventory Mr. Pettit provided background regarding Auditor’s and BOCC’s respective roles, pursuant to state statutes. Commissioner Wright observed that the certification document could not be signed, as this item is not scheduled as an action item. He directed staff to present it on the next BOCC agenda for formal authorization. Commissioner Wright inquired about the inclusion and valuation of water rights. Mr. Pettit replied that the topic continues to be discussed and analyzed throughout state and local government, but that there is not yet uniformity of valuation methods. He stated that the County’s scheduled water rights reflect cost of acquisition, and that the values are embedded in the County’s restricted fund balance(s). 4. Admissions Tax Update Mr. Carlson stated that this topic is still under review by multiple County departments, and that he would include an update on the next Finance study session agenda. 5. 2023 Budget; Update and Preliminary Requests, Including ARPA Mr. Carlson reviewed requests submitted by several departments, and stated that a more detailed discussion of the requests would be included on the agenda for the June 30th budget retreat meeting. 6. 2023 Budget; June 30th Retreat Mr. Carlson reviewed a draft agenda. Mr. Pettit suggested a discussion of inflation trends to include individual department directors’ observations and data. There were no other proposed revisions to the agenda. 7. Topics for July 21, 2022 Finance Study Session Mr. Carlson suggested a recap of the budget retreat meeting, a discussion of next-steps for the 2023 Budget, an update on the Admissions Tax topic, and the inclusion of some basic YTD reporting. There were no other recommendations. 8. Other business: none 9. Adjourn: 2:37pm Brian Carlson, Finance Director Laura Osiadacz, BOCC Chairperson