PDF Signed State SA Report

TOWN OF WATERFORD, CONNECTICUT 
STATE SINGLE AUDIT REPORT 
YEAR ENDED JUNE 30, 2025 

TOWN OF WATERFORD, CONNECTICUT 
TABLE OF CONTENTS 
YEAR ENDED JUNE 30, 2025 
INDEPENDENT AUDITORS’ REPORT ON COMPLIANCE FOR EACH MAJOR 
STATE PROGRAM, REPORT ON INTERNAL CONTROL OVER COMPLIANCE, 
AND REPORT ON SCHEDULE OF EXPENDITURES OF STATE FINANCIAL 
ASSISTANCE REQUIRED BY THE STATE SINGLE AUDIT ACT 
1 
SCHEDULE OF EXPENDITURES OF STATE FINANCIAL ASSISTANCE 
4 
NOTES TO SCHEDULE OF EXPENDITURES OF STATE FINANCIAL 
ASSISTANCE 
7 
INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER 
FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS 
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN 
ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
8 
SCHEDULE OF FINDINGS AND QUESTIONED COSTS 
10 

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(1) 
INDEPENDENT AUDITORS’ REPORT ON COMPLIANCE FOR EACH MAJOR 
STATE PROGRAM, REPORT ON INTERNAL CONTROL OVER COMPLIANCE, 
AND REPORT ON THE SCHEDULE OF EXPENDITURES OF STATE FINANCIAL 
ASSISTANCE REQUIRED BY THE STATE SINGLE AUDIT ACT 
Board of Finance 
Town of Waterford, Connecticut 
Report on Compliance for Each Major State Program 
Opinion on Each Major State Program 
We have audited the Town of Waterford, Connecticut’s compliance with the types of compliance 
requirements identified as subject to audit in the Office of Policy and Management’s Compliance 
Supplement that could have a direct and material effect on each of the Town of Waterford, 
Connecticut’s major state programs for the year ended June 30, 2025. The Town of Waterford, 
Connecticut’s major state programs are identified in the summary of auditors’ results section of the 
accompanying schedule of findings and questioned costs. 
In our opinion, the Town of Waterford, Connecticut, complied, in all material respects, with the 
compliance requirements referred to above that could have a direct and material effect on each of its 
major state programs for the year ended June 30, 2025. 
Basis for Opinion on Each Major State Program 
We conducted our audit of compliance in accordance with auditing standards generally accepted in the 
United States of America (GAAS); the standards applicable to financial audits contained in Government 
Auditing Standards issued by the Comptroller General of the United States; and the State Single Audit 
Act (C.G.S Sections 4-230 to 4-236). Our responsibilities under those standards and the State Single 
Audit Act are further described in the Auditors’ Responsibilities for the Audit of Compliance section of 
our report. 
We are required to be independent of the Town of Waterford, Connecticut, and to meet our other 
ethical responsibilities, in accordance with relevant ethical requirements relating to our audit. We 
believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our 
opinion on compliance for each major state program. Our audit does not provide a legal determination 
of the Town of Waterford, Connecticut’s compliance with the compliance requirements referred to 
above. 
Responsibilities of Management for Compliance 
Management is responsible for compliance with the requirements referred to above and for the design, 
implementation, and maintenance of effective internal control over compliance with the requirements of 
laws, statutes, regulations, rules and provisions of contracts or grant agreements applicable to the 
Town of Waterford, Connecticut’s state programs. 

Board of Finance 
Town of Waterford, Connecticut 
(2) 
Auditors’ Responsibilities for the Audit of Compliance 
Our objectives are to obtain reasonable assurance about whether material noncompliance with the 
compliance requirements referred to above occurred, whether due to fraud or error, and express an 
opinion on the Town of Waterford, Connecticut’s compliance based on our audit. Reasonable 
assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee 
that an audit conducted in accordance with GAAS, Government Auditing Standards, and the State 
Single Audit will always detect material noncompliance when it exists. The risk of not detecting material 
noncompliance resulting from fraud is higher than for that resulting from error, as fraud may involve 
collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. 
Noncompliance with the compliance requirements referred to above is considered material if there is a 
substantial likelihood that, individually or in the aggregate, it would influence the judgment made by a 
reasonable user of the report on compliance about the Town of Waterford, Connecticut’s compliance 
with the requirements of each major state program as a whole. 
In performing an audit in accordance with GAAS, Government Auditing Standards, and the State Single 
Audit Act, we: 
•
exercise professional judgment and maintain professional skepticism throughout the audit.
•
identify and assess the risks of material noncompliance, whether due to fraud or error, and
design and perform audit procedures responsive to those risks. Such procedures include
examining, on a test basis, evidence regarding the Town of Waterford, Connecticut’s
compliance with the compliance requirements referred to above and performing such other
procedures as we considered necessary in the circumstances.
•
obtain an understanding of the Town of Waterford, Connecticut’s internal control over
compliance relevant to the audit in order to design audit procedures that are appropriate in the
circumstances and to test and report on internal control over compliance in accordance with the
State Single Audit Act, but not for the purpose of expressing an opinion on the effectiveness of
the Town of Waterford, Connecticut’s internal control over compliance. Accordingly, no such
opinion is expressed.
We are required to communicate with those charged with governance regarding, among other matters, 
the planned scope and timing of the audit and any significant deficiencies and material weaknesses in 
internal control over compliance that we identified during the audit. 
Report on Internal Control Over Compliance 
A deficiency in internal control over compliance exists when the design or operation of a control over 
compliance does not allow management or employees, in the normal course of performing their 
assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance 
requirement of a state program on a timely basis. A material weakness in internal control over 
compliance is a deficiency, or a combination of deficiencies, in internal control over compliance, such 
that there is a reasonable possibility that material noncompliance with a type of compliance requirement 
of a state program will not be prevented, or detected and corrected, on a timely basis. A significant 
deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in 
internal control over compliance with a type of compliance requirement of a state program that is less 
severe than a material weakness in internal control over compliance, yet important enough to merit 
attention by those charged with governance. 

Board of Finance 
Town of Waterford, Connecticut 
(3) 
Our consideration of internal control over compliance was for the limited purpose described in the 
Auditors’ Responsibilities for the Audit of Compliance section above and was not designed to identify all 
deficiencies in internal control over compliance that might be material weaknesses or significant 
deficiencies in internal control over compliance. Given these limitations, during our audit we did not 
identify any deficiencies in internal control over compliance that we consider to be material 
weaknesses, as defined above. However, material weaknesses or significant deficiencies in internal 
control over compliance may exist that were not identified. 
Our audit was not designed for the purpose of expressing an opinion on the effectiveness of internal 
control over compliance. Accordingly, no such opinion is expressed. 
The purpose of this report on internal control over compliance is solely to describe the scope of our 
testing of internal control over compliance and the results of that testing based on the requirements of 
the State Single Audit Act. Accordingly, this report is not suitable for any other purpose. 
Report on Schedule of Expenditures of State Financial Assistance Required by the State Single 
Audit Act 
We have audited the financial statements of the governmental activities, the business-type activities, 
each major fund, and the aggregate remaining fund information of the Town of Waterford, Connecticut, 
as of and for the year ended June 30, 2025, and the related notes to the financial statements, which 
collectively comprise the Town of Waterford, Connecticut’s basic financial statements, and have issued 
our report thereon dated December 19, 2025, which contained unmodified opinions on those financial 
statements. Our audit was conducted for the purpose of forming opinions on the financial statements 
that collectively comprise the basic financial statements. The accompanying schedule of expenditures 
of state financial assistance is presented for purposes of additional analysis as required by the State 
Single Audit Act and is not a required part of the basic financial statements. Such information is the 
responsibility of management and was derived from and relates directly to the underlying accounting 
and other records used to prepare the basic financial statements. The information has been subjected 
to the auditing procedures applied in the audit of the basic financial statements and certain additional 
procedures, including comparing and reconciling such information directly to the underlying accounting 
and other records used to prepare the basic financial statements or to the basic financial statements 
themselves, and other additional procedures in accordance with auditing standards generally accepted 
in the United States of America. In our opinion, the schedule of expenditures of state financial 
assistance is fairly stated in all material respects in relation to the basic financial statements as a whole. 
CliftonLarsonAllen LLP 
West Hartford, Connecticut 
December 19, 2025 

TOWN OF WATERFORD, CONNECTICUT 
SCHEDULE OF EXPENDITURES OF STATE FINANCIAL ASSISTANCE 
YEAR ENDED JUNE 30, 2025 
See accompanying Notes to Schedule of Expenditures of State Financial Assistance. 
(4) 
State Grantor/Pass-Through Grantor/
State Grant Program
 Program Title
Core-CT Number
Department of Education
Talent Development
11000-SDE64370-12552
1,151
$
Child Nutrition State Match
11000-SDE64370-16211
9,672
 
Health Foods Initiative
11000-SDE64370-16212
18,487
Adult Education
11000-SDE64370-17030
16,578
              
Hlth & Welfare-Priv Schl Pupil
11000-SDE64370-17034
6,350
Bilingual Education
11000-SDE64370-17042
2,177
School Breakfast Program
11000-SDE64370-17046
13,946
Total Department of Education
68,361
Connecticut State Library
Historic Document Preservation
12060-CSL66094-35150
5,500
Total Connecticut State Library
5,500
Department of Children and Families
Community Based Prevent Prog
11000-DCF91185-16092
5,902
 
Youth Service Bureaus
11000-DCF91185-17052
14,103
Youth Service Bureau Enhanceme
11000-DCF91185-17107
10,755
Total Department of Children and Families
30,760
Department of Development Services
Family Support Grants
11000-DDS52386-12072
243
Total Department of Development Services
243
Department of Energy and Environmental Protection
DEEP-IMPV.STATE PARKS,REC.FACS
17241-DEP43153-43660
432,497
             
Total Department of Energy and Environmental Protection
432,497
             
Department of Labor
Wage Restitution Account
34003-DOL40710-42329
3,150
Total Department of Labor
3,150
Expenditures

TOWN OF WATERFORD, CONNECTICUT 
SCHEDULE OF EXPENDITURES OF STATE FINANCIAL ASSISTANCE (CONTINUED) 
YEAR ENDED JUNE 30, 2025 
See accompanying Notes to Schedule of Expenditures of State Financial Assistance. 
(5) 
State Grantor/Pass-Through Grantor/
State Grant Program
 Program Title
Core-CT Number
Expenditures
Department of Transportation
Town Aid Road Grants
12001-DOT57131-17036
292,979
$           
Total Department of Transportation
292,979
             
Department of Emergency Services and Public Protection
Drug Asset Forfeit Rv Acct DPS
12060-DPS32155-35142
10,935
Enhanced 911 Telecomm Fund
12060-DPS32741-35190
22,595
Nuclear Emergency Safety Fund
12060-DPS32982-90428
68,000
Total Department of Emergency Services and Public Protection
101,530
             
Economic and Community Development
Arts Commission
12069-ECD46820-16258
1,250
Total Economic and Community Development
1,250
Office of Policy and Management
Reimbrs Prop Tx-Disabil Exmptn
11000-OPM20600-17011
1,541
 
Prop Tax Relief For Veterans
11000-OPM20600-17024
4,033
Tiered PILOT
12002-OPM20600-17111
349,298
             
Local Capital Improvement
12050-OPM20600-40254
262,689
             
Municipal Purposes & Projects
12052-OPM20600-43587
34,255
Total Office of Policy and Management
651,816
             
Office of the Secretary of State
ARPA-Early Voting
12060-SOS12500-28478
12,917
Total Office of the Secretary of State
12,917
Department of Social Services
Medicaid
11000-DSS60000-16020
66,807
Total Department of Social Services
66,807
Department of Mental Health and Addiction Services
Compulsive Gamblers Program
12060-MHA53264-35198
3,003
Total Department of Mental Health and Addiction Services
3,003
Total State Financial Assistance Before Exempt Programs 
1,670,813
          

TOWN OF WATERFORD, CONNECTICUT 
SCHEDULE OF EXPENDITURES OF STATE FINANCIAL ASSISTANCE (CONTINUED) 
YEAR ENDED JUNE 30, 2025 
See accompanying Notes to Schedule of Expenditures of State Financial Assistance. 
(6) 
State Grantor/Pass-Through Grantor/
State Grant Program
 Program Title
Core-CT Number
Expenditures
Exempt Programs 
Department of Education
Education Cost Sharing
11000-SDE64370-17041-82010
357,197
$           
Excess Cost - Student Based
11000-SDE64370-17047
619,638
$           
Excess Cost - Student Based
11000-SDE64370-17047
104,564
             
724,202
             
Excess Cost Funds per SA 25-1
12060-SDE64370-34822
160,099
             
Total Department of Education
1,241,498
          
Total Exempt Programs 
1,241,498
          
Total State Financial Assistance 
2,912,311
$        

TOWN OF WATERFORD, CONNECTICUT 
NOTES TO SCHEDULE OF EXPENDITURES OF STATE FINANCIAL ASSISTANCE 
YEAR ENDED JUNE 30, 2025 
(7) 
NOTE 1 
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 
Basis of Presentation 
The accompanying schedule of expenditures of state financial assistance (the Schedule) 
includes the state grant activity of the Town of Waterford, Connecticut, under programs of 
the state of Connecticut for the year ended June 30, 2025. Various departments and 
agencies of the state of Connecticut have provided financial assistance through grants and 
other authorizations in accordance with the General Statutes of the State of Connecticut. 
Because the Schedule presents only a selected portion of the operations of the Town of 
Waterford, Connecticut, it is not intended to, and does not, present the financial position, 
changes in fund balance, changes in net position or cash flows of the Town of Waterford, 
Connecticut. 
Basis of Accounting 
The accounting policies of the Town of Waterford, Connecticut, conform to accounting 
principles generally accepted in the United States of America as applicable to governmental 
organizations. The information in the Schedule is presented based upon regulations 
established by the State of Connecticut, Office of Policy and Management. 
Expenditures reported on the Schedule are presented on the modified accrual basis of 
accounting. In accordance with Section 4-236-22 of the Regulations to the State Single 
Audit Act, certain grants are not dependent on expenditure activity and, accordingly, are 
considered to be expended in the fiscal year of receipt. These grant program receipts are 
reflected in the expenditures column of the Schedule. 

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(8) 
INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER 
FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS 
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN 
ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 
Board of Finance 
Town of Waterford, Connecticut 
We have audited, in accordance with auditing standards generally accepted in the United States of 
America and the standards applicable to financial audits contained in Government Auditing Standards, 
issued by the Comptroller General of the United States the financial statements of the governmental 
activities, the business-type activities, and each major fund and the aggregate remaining fund 
information of the Town of Waterford, Connecticut, as of and for the year ended June 30, 2025, and the 
related notes to the financial statements, which collectively comprise the Town of Waterford, 
Connecticut’s basic financial statements, and have issued our report thereon dated December 19, 
2025. 
Report on Internal Control Over Financial Reporting 
In planning and performing our audit of the financial statements, we considered the Town of Waterford, 
Connecticut’s internal control over financial reporting (internal control) as a basis for designing audit 
procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the 
financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Town 
of Waterford, Connecticut’s internal control. Accordingly, we do not express an opinion on the 
effectiveness of the Town of Waterford, Connecticut’s internal control. 
A deficiency in internal control exists when the design or operation of a control does not allow 
management or employees, in the normal course of performing their assigned functions, to prevent, or 
detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or 
combination of deficiencies, in internal control such that there is a reasonable possibility that a material 
misstatement of the entity’s financial statements will not be prevented or detected and corrected on a 
timely basis. A significant deficiency is a deficiency, or combination of deficiencies, in internal control 
that is less severe than a material weakness, yet important enough to merit attention by those charged 
with governance. 
Our consideration of internal control was for the limited purpose described in the first paragraph of this 
section and was not designed to identify all deficiencies in internal control that might be material 
weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any 
deficiencies in internal control that we consider to be material weaknesses. However, material 
weaknesses or significant deficiencies may exist that have not been identified. 

Board of Finance 
Town of Waterford, Connecticut 
(9) 
Report on Compliance and Other Matters 
As part of obtaining reasonable assurance about whether the Town of Waterford, Connecticut’s 
financial statements are free from material misstatement, we performed tests of its compliance with 
certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which 
could have a direct and material effect on the financial statements. However, providing an opinion on 
compliance with those provisions was not an objective of our audit, and, accordingly, we do not express 
such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that 
are required to be reported under Government Auditing Standards. 
Purpose of This Report 
The purpose of this report is solely to describe the scope of our testing of internal control and 
compliance and the results of that testing, and not to provide an opinion on the effectiveness of the 
Town of Waterford, Connecticut’s internal control or on compliance. This report is an integral part of an 
audit performed in accordance with Government Auditing Standards in considering the Town of 
Waterford, Connecticut’s internal control and compliance. Accordingly, this communication is not 
suitable for any other purpose. 
CliftonLarsonAllen LLP 
West Hartford, Connecticut 
December 19, 2025 

TOWN OF WATERFORD, CONNECTICUT 
SCHEDULE OF FINDINGS AND QUESTIONED COSTS 
YEAR ENDED JUNE 30, 2025 
(10) 
Section I – Summary of Auditors’ Results 
Financial Statements 
1.
Type of auditors’ report issued:
Unmodified 
2.
Internal control over financial reporting:
•
Material weakness(es) identified?
 yes 
        x 
 no 
•
Significant deficiency(ies) identified?
 yes 
        x 
 none reported 
3.
Noncompliance material to financial
statements noted?
 yes 
        x 
 no 
State Financial Assistance 
1.
Internal control over major programs:
•
Material weakness(es) identified?
 yes 
        x 
 no 
•
Significant deficiency(ies) identified?
 yes 
        x 
 none reported 
2.
Type of auditors’ report issued on
compliance for major programs:
Unmodified 
3.
Any audit findings disclosed that are
required to be reported in accordance
with Section 4-236-24 of the Regulations
to the State Single Audit Act? 
 yes 
        x 
 no 
The following schedule reflects the major programs included in the audit: 
State Grantor and Program 
State Core-CT Number
Expenditures 
Department of Transportation 
  Town Aid Road Grants 
12001-DOT57131-17036 
$ 
292,979 
Office of Policy and Management 
  Tiered PILOT 
12002-OPM20600-17111 
349,298 
Department of Environmental Protection 
  DEEP-IMPV. State Parks, REC. FACS 
17241-DEP43153-43660 
432,497 
Dollar threshold used to distinguish between  
Type A and Type B programs: 
$      300,000 

TOWN OF WATERFORD, CONNECTICUT 
SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED) 
YEAR ENDED JUNE 30, 2025 
(11) 
Section II – Financial Statement Findings 
Our audit did not disclose any matters required to be reported in accordance with Government Auditing 
Standards. 
Section III – Findings and Questioned Costs – State Financial Assistance 
Our audit did not disclose any matters required to be reported in accordance with the State Single Audit 
Act.