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CITY OF JEFFERSON
Finance Committee Meeting
Tuesday, November 27, 2012
MINUTES
The meeting was called to order by the Finance Committee Chairman, Councilman Shawn Schulte at 7:35 AM.
Roll call showed that Councilmen Schulte and Weber and Councilwoman Carroll were in attendance.
Councilmen Bray and Pope were absent.
The minutes of the October 23, 2012 meeting were reviewed and a motion to approve was made by
Councilwoman Carroll and seconded by Councilman Weber. The minutes were approved unanimously.
The next item on the agenda was a short report by the Chief Accountant, Shiela Pearre, covering the sales tax
revenue for November and inclusive of only one month of the fiscal year. General Fund sales tax collected in
November was $615,421 which was $103,404 over the projected amount of $512,017. Both the Capital
Improvement Tax and the Parks Tax were over the projections for the fiscal year as well.
The next item on the agenda was a short report by the Ms. Pearre covering the Lodging Tax receipts to date.
Lodging tax collected in November was $86,822. The total collected during the timeframe where the rate has
been 7% is $1,448,190.
The next item on the agenda was a brief discussion about Not for Profit Business License Exemptions led by
City Attorney, Drew Hilpert. A proposed bill was presented to the Committee to amend the code to make Not
for Profit Companies exempt from needing a business license so long as they are not required to charge sales
tax. After some discussion the Committee requested the proposed bill be amended to require an application be
completed but that the business license be issued at no charge. A motion was made by Councilwoman Carroll to
move the bill to full council as amended. It was seconded by Councilman Weber and app roved unanimously.
The next item on the agenda was an overview of the purchasing process presented by Terry Stephenson,
Purchasing Agent.
The next item on the agenda was a brief discussion of the audit schedule.
There was no new business or old business discussed.
Adjournment took place at 8:18 AM.
As recorded by:
Shiela Pearre, Chief Accountant