2021 Budget

COVID-19 activities and COLAs were not included in the approved 2021 budget as details were unknown at the time of the budget development.

During budget development, PHEPR programs were moved from Environmental Health to Prevention Services.

COVID-19 Report

Exhibit A contains a proposed system-generated report to save time and effort in report preparation.

Cash and Investments at February 28, 2021

Cash                                      $633,641

Investments                      $9,205,026

Comprised of:

• $6.7 million – State of Washington Local Government Investment Pool
• $2.5 million – Snohomish County Investment Pool

Unrealized Gain or Loss on Investments

At the end of each year, Snohomish County provides the District with an analysis of unrealized gain or loss for the County’s investment pool. The inception to date unrealized gain is $24,961 for the pool as of December 31, 2020.   

Calendar Year Operations through February 28, 2021

Revenues – Actual revenues District-wide are 30.4% above projections at 47.1% with 16.7% of the year elapsed. This is somewhat typical for the first quarter of a year as Food and other annual EH permits are billed in January and the first half of the State Public Health funding of $1.7M is received. In addition, $1.9M of unbudgeted Covid19 billings are included in revenue. 

Expenditures – Actual expenditures District-wide are 9.3% above projections at 26.0% with 16.7% of the year elapsed. Many dues and membership fees such as NAACHO are paid annually in January.  In addition, significant costs for temporary services (in professional services), rents & leases, and supplies for COVID activities were not included in the original 2021 approved budget. A number of COVID programs cannot recover overhead via an applied indirect rate; however, actual overhead can be recovered by direct billing those costs, primarily labor. Those programs have had the overhead allocation removed. This can change as funding changes and is dependent on the funding source.

Fund Balance

SHD’s General Fund Balance is comprised of the following amounts as of February 28, 2021. 

Restricted Programmatic Funds carried over from 2020 are included based on analysis in Exhibit B.

Consistent with Resolution 19-20 and the revised Division of Responsibilities (10/8/19), the Board of Health has authority over the Health District budget.

 No action required. Written report only.