April 2025 financial reports

Contributed Gifts Fund
April 30, 2025
R&P 
R&P 
R&P
R&P
FINANCE
POLICE
POLICE
POLICE
POLICE
POLICE
R&P
 MEMORIAL
FRANCES X.
CIVIC
DEIDRICK
HELMET
R&P
TREES &
 SWEENEY
R&P
R&P
TRIANGLE
R&P
FIELD PRESS 
R&P
R&P
DEPT.
DEPT.
DEPT.
DEPT.
PUBLIC 
RODEO
GENERAL 
BENCHES
 MEMORIAL
DOG PARK
PLAYGROUND
MEMORIAL
TOY BOX
BOX
CEMETERY
GOLF CART
AUDITORIUM
AUSTISM
VEHICLE
K-9
GENERAL 
SAFETY
FISCAL YEAR 2025
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
A/V UPGRADE
TRAINING
 CHALLENGE
 PROGRAM
DONATIONS
 DOCK
TOTAL
REVENUES
REC & PARKS DOG PARK DONATIONS
$227.00
REC & PARKS PLAYGROUND DONATIONS
$10,000.00
K9 DONATIONS
$9,090.24
POLICE DEPT. GENERAL DONATIONS
$2,751.59
REC & PARKS GO CART DONATIONS
$2,440.00
TOTAL REVENUES
$0.00
$0.00
$0.00
$0.00
$227.00
$10,000.00
$0.00
$0.00
$0.00
$0.00
$2,440.00
$0.00
$0.00
$0.00
$9,090.24
$2,751.59
$0.00
$24,508.83
EXPENDITURES
08/16/24  LETS CORP 
$4,995.00
08/04/24 JP MORGAN CHASE
$180.47
08/04/24 JP MORGAN CHASE
$42.50
08/30/24 MARK KOSMAN DESIGN
$241.00
09/04/24 JP MORGAN CHASE
$282.52
09/13/24 E. FREDRICKS REIMB FOR BUS
$100.00
09/27/24 MEDIA HERE & NOW LLC
$500.00
10/4/2024 JP MORGAN CHASE
$594.72
11/4/2024  JP MORGAN CHASE
$1,359.52
11/08/24 WHALING CITY GR BADGE SIGNAGE
$877.79
12/4/2024  JP MORGAN CHASE
$425.53
01/4/2025  JP MORGAN CHASE
$101.98
1/3/2025 LIONS DISTRICT
$110.00
1/6/2025 LIONS DISTRICT
$55.00
1/17/2025 PETTY CASH 
$50.00
01/31/25 CAPITOL UNIFORMS 
$207.00
01/31/25 WHALING CITY GRAPHIC
$86.25
01/13/25 PURCHASE ORDER K9 STORM INC.
$3,653.00
01/31/25 P EPPS REIMBURSEMENT 
$150.93
02/28/25 KUSTOM SIGNALS
$1,908.50
02/4/2025  JP MORGAN CHASE
$1,255.49
02/25/2025  US NATIONAL BANK
$10.98
03/4/2025  JP MORGAN CHASE
$55.00
03/25/2025 U.S. BANK
$39.55
03/28/25 LJ BADGE & EMBLEM
$459.00
04/11/25 N. MALBURN REIMB
$35.88
04/25/2025 U.S. BANK
$450.79
04/11/25  M&T SPORTS CONSTRUCTION LLC
$5,400.00
TOTAL EXPENDITURES
$594.72
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$5,400.00
$0.00
$0.00
$0.00
$0.00
$0.00
$4,087.43
$13,546.25
$0.00
$23,628.40
NET CURRENT YEAR ACTIVITY
($594.72)
$0.00
$0.00
$0.00
$227.00
$10,000.00
$0.00
$0.00
($5,400.00)
$0.00
$2,440.00
$0.00
$0.00
$0.00
$5,002.81
($10,794.66)
$0.00
$880.43
PRIOR YEAR BALANCE
$594.72
$129.60
($1,053.61)
$65.00
$760.97
$60,486.32
$1,140.00
$220.00
$8,310.00
$100.00
$0.00
$151.00
$1,700.00
$780.11
$4,424.54
$13,239.38
$7.04
$91,055.07
CURRENT YEAR BALANCE
$0.00
$129.60
($1,053.61)
$65.00
$987.97
$70,486.32
$1,140.00
$220.00
$2,910.00
$100.00
$2,440.00
$151.00
$1,700.00
$780.11
$9,427.35
$2,444.72
$7.04
$91,935.50
Page 1 of 1

GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED TO BUDGET
FOR FISCAL YEAR 2024-2025, THROUGH APRIL 30, 2025
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2023-2024, THROUGH  APRIL 30, 2024
FISCAL YEAR 2025
FISCAL YEAR 2025
VARIANCE
FISCAL YEAR
FISCAL YEAR 2025
FISCAL YEAR 2025
PERCENT
FAVORABLE
2023-2024
APPROPRIATED
ACTUAL
EXPENDED
(UNFAVORABLE)
ACTUAL
GENERAL GOVERNMENT
Board of Selectmen
$206,405
$156,550
75.85%
49,855
$158,203
Registrar of Voters
$108,497
$108,104
99.64%
393
$78,711
Board of Finance
$80,713
$83,385
103.31%
(2,672)
$80,512
Assessor
$311,713
$254,909
81.78%
56,804
$239,713
Board of Assessment Appeals
$1,742
$842
48.35%
900
$840
Tax Collector
$232,331
$183,106
78.81%
49,225
$187,266
Finance Department
$767,856
$626,599
81.60%
141,257
$634,274
Legal Department
$295,000
$281,063
95.28%
13,937
$349,559
Town Clerk
$264,849
$216,732
81.83%
48,118
$210,438
Planning and Zoning
$686,543
$534,318
77.83%
152,225
$519,065
Building Maintenance
$997,190
$1,034,978
103.79%
(37,788)
$1,038,166
Insurance
$4,962,182
$4,813,991
97.01%
148,191
$4,779,478
Economic Development Commission
$25,267
$9,591
37.96%
15,676
$26,634
Conservation Commission
$18,250
$1,974
10.82%
16,276
$13,456
Zoning Board of Appeals
$4,310
3,054
70.87%
1,256
3,099
Retirement Commission
$7,760,257
$6,474,844
83.44%
1,285,413
$5,465,682
R.T.M.
$18,903
$15,948
84.37%
2,955
$15,470
Building Department
$326,532
$220,178
67.43%
106,354
$227,632
Youth Service Bureau
$294,579
$257,477
87.41%
37,102
$227,616
Social Service Grants/Miscellaneous
$98,960
$94,340
95.33%
4,620
$87,181
Contingency Fund
$1,294
0
0.00%
1,294
0
Emergency Management
$1,196,762
$881,423
73.65%
315,339
$782,190
Fire Services
$3,780,649
$3,125,542
82.67%
655,107
$3,005,817
Police Department
$7,078,401
$5,575,276
78.76%
1,503,125
$5,320,781
Public Works Department
$5,086,238
$4,264,551
83.84%
821,687
$4,013,600
Conservation of Health
$148,407
148,407
100.00%
0
148,407
Public Health Nursing
$26,297
26,297
100.00%
0
18,000
Senior Citizens Commission
$481,248
425,981
88.52%
55,267
401,362
Waterford Public Library
$1,006,837
$818,727
81.32%
188,110
$869,842
Recreation and Parks
$1,484,660
$1,236,634
83.29%
248,026
$1,164,111
Flood and Erosion Control Bd.
$1,109
229
20.66%
880
407
Ethics Commission
$900
463
51.41%
437
447
Page 1 of 2

GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED TO BUDGET
FOR FISCAL YEAR 2024-2025, THROUGH APRIL 30, 2025
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2023-2024, THROUGH  APRIL 30, 2024
FISCAL YEAR 2025
FISCAL YEAR 2025
VARIANCE
FISCAL YEAR
FISCAL YEAR 2025
FISCAL YEAR 2025
PERCENT
FAVORABLE
2023-2024
APPROPRIATED
ACTUAL
EXPENDED
(UNFAVORABLE)
ACTUAL
Human Resources
$264,204
$224,341
84.91%
39,863
$242,282
Information Technology
$1,231,423
$1,141,250
92.68%
90,173
$1,052,945
Transfer to Waterford Special Activity Fund
$4,750
$4,750
100.00%
0
$4,750
Transfer to Waterford Shellfish Fund
$1,290
$1,290
100.00%
0
$4,134
Transfer to Capital Improvement Fund
$2,634,168
$2,634,168
100.00%
0
$2,787,620
Transfer to Capital & Non-Recurring Fund
$3,855,977
$3,855,977
100.00%
0
$3,255,800
Transfer to Dog Fund
$100,000
$100,000
100.00%
0
$100,000
Debt Service
$8,109,746
$8,109,746
100.00%
1
$8,148,250
Total General Government
$53,956,439
$47,947,035
88.86%
$6,009,404
$45,663,740
Board of Education
$57,611,181
$44,204,310
76.73%
13,406,871
$41,934,658
Total General Fund
$111,567,620
$92,151,345
82.60%
$19,416,275
$87,598,398
Page 2 of 2

TOWN OF WATERFORD
STATEMENT OF REVENUES COMPARED TO ANTICIPATED
FOR FISCAL YEAR 2024-2025, THROUGH APRIL 30, 2025
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2023-2024, THROUGH  APRIL 30, 2024
 
FAVORABLE
FISCAL
(UNFAVORABLE)
FISCAL
FISCAL
YEAR
FISCAL
FISCAL
YEAR
YEAR
2024-2025
YEAR
YEAR
2024-2025
2024-2025
PERCENT
2024-2025
2023-2024
BUDGET
ACTUAL
RECEIVED
VARIANCE
ACTUAL
STATE OF CONNECTICUT
EDUCATION
EQUALIZED COST SHARING
$326,444
$357,197
109.42%
30,753
$322,130
HEALTH & WELFARE
$6,359
$6,350
99.86%
(9)
$6,810
SUB TOTAL
332,803
363,547
109.24%
30,744
328,940
GENERAL GOVERNMENT
PILOT-DISABLED
1,200
1,541
128.40%
341
$1,486
TIERED PILOT 
347,575
349,298
100.50%
1,723
$347,575
TAX RELIEF-VETERANS
5,000
4,033
80.65%
(967)
$3,671
COURT FINES
0
23,277
#DIV/0!
23,277
$7,435
CIVIL PREPAREDNESS
23,000
44,948
195.42%
21,948
$38,988
TELECOMMUNICATIONS PROPERTY TAX
58,071
70,714
121.77%
12,643
$89,710
TOWN AID ROADS-IMPROVED
321,360
321,360
100.00%
(0)
$321,360
LOCAL CAPITAL IMPROVEMENT (LOCIP)
177,479
0
0.00%
(177,479)
$0
SDE STATE GRANT
14,000
14,103
100.74%
103
$10,577
ENHANCEMENT 911
22,500
22,595
100.42%
95
$22,583
MUNICIPAL REVENUE SHARE GRANT
315,978
0
0.00%
(315,978)
$493,810
GRANTS FOR MUNICIPAL PROJECTS
34,255
0
0.00%
(34,255)
$0
TOTAL GENERAL GOVERNMENT
1,320,418
851,867
64.51%
(468,551)
1,337,195
TOTAL STATE OF CONNECTICUT
1,653,221
1,215,414
73.52%
(437,807)
1,666,135
OTHER SOURCES
EDUCATION
TUITION
0
52,420
#DIV/0!
52,420
86,287
RENT & MISCELLANEOUS
1,500
4,120
274.63%
2,620
3,501
SUB TOTAL
1,500
56,540
3769.30%
55,040
89,788
GENERAL GOVERNMENT
INTEREST & LIENS
381,744
253,891
66.51%
(127,853)
256,367
INTEREST ON INVESTMENTS
2,000,000
2,170,518
108.53%
170,518
2,737,291
RECREATION & PARKS
202,001
141,881
70.24%
(60,120)
200,914
FIRE SERVICES INSPECTIONS & PLAN FEES
7,320
14,610
199.59%
7,290
3,950
BUILDING INSPECTOR
530,591
747,893
140.95%
217,302
466,723
LICENSE, FEE, PERMIT, FINE
18,320
16,727
91.30%
(1,593)
14,018
LIBRARY
0
1,165
#DIV/0!
1,165
1,285

TOWN OF WATERFORD
STATEMENT OF REVENUES COMPARED TO ANTICIPATED
FOR FISCAL YEAR 2024-2025, THROUGH APRIL 30, 2025
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2023-2024, THROUGH  APRIL 30, 2024
 
FAVORABLE
FISCAL
(UNFAVORABLE)
FISCAL
FISCAL
YEAR
FISCAL
FISCAL
YEAR
YEAR
2024-2025
YEAR
YEAR
2024-2025
2024-2025
PERCENT
2024-2025
2023-2024
BUDGET
ACTUAL
RECEIVED
VARIANCE
ACTUAL
SALE OF EQUIPMENT
1,000
10
1.01%
(990)
12,635
SCRRRA REBATE
0
2,578
#DIV/0!
2,578
1,532
NL RADIO COMM. NETWORK USE FEE
0
75,487
#DIV/0!
75,487
0
BULKY WASTE FEES
112,000
89,434
79.85%
(22,566)
92,995
MISCELLANEOUS
50,000
62,269
124.54%
12,269
149,112
CONVEYANCE TAX
200,000
279,779
139.89%
79,779
241,828
EMS-REG COMM CTR FEES
6,000
4,500
75.00%
(1,500)
4,500
PLANNING& ZONING, ZBA, CONSRV COMM
55,980
42,930
76.69%
(13,050)
31,938
TOWN CLERK FEES
175,000
120,573
68.90%
(54,428)
118,312
LIENS -COLLECTED BY UTILITY COMMISSION
0
1,960
#DIV/0!
1,960
2,860
TIPPING FEES
275,000
113,492
41.27%
(161,508)
117,884
RECYCLING
50,000
44,376
88.75%
(5,624)
27,110
TRANSFERS FROM OTHER FUNDS
0.00
43,568
#DIV/0!
43,568
897,324
TRANSFERS IN-PY ENCUMBRANCES
0
4,789
#DIV/0!
4,789
29,331
EUGENE O'NEILL GATE/LEASE REVENUE
10,000
22,942
229.42%
12,942
22,474
AMBULANCE OPERATING SUBSIDY
6,000
0
0.00%
(6,000)
0
YSB BOE CLERICAL STIPEND
5,000
5,000
100.00%
0
5,000
RENTAL OF BUILDINGS
50,000
55,427
110.85%
5,427
51,856
SENIOR SERVICES
10,198
24,890
244.06%
14,692
20,874
VERSA KART/BLUE BOXES
8,000
7,720
96.50%
(280)
6,410
PUBLIC WORKS BOE CUSTODIAL SUBSIDY
75,927
75,927
100.00%
0
73,218
SUB TOTAL
4,230,081
4,424,334
104.59%
194,253
5,587,741
TOTAL OTHER SOURCES
4,231,581
4,480,874
105.89%
249,293
5,677,529
PROPERTY TAXATION
CURRENT PROPERTY TAX
99,867,307
98,891,602
99.02%
(975,705)
95,775,364
PRIOR YEAR TAXES
486,849
(773,058)
-158.79%
(1,259,907)
338,726
TOTAL PROPERTY TAXATION
100,354,156
98,118,543
97.77%
(2,235,613)
96,114,090
FUND BALANCE APPLIED
1,000,000
0
0.00%
(1,000,000)
0
TOTAL REVENUES
107,238,958
103,814,831
96.81%
(3,424,127)
103,457,754

TOWN OF WATERFORD
CAPITAL PROJECTS FUNDS
APRIL 30, 2025
 
REMAINING
BALANCE
FUND 
DESCRIPTION
APPROPRIATION
EXPENDED
BALANCE
PCT EXP
RETURNED
424 DISTRICT MAGNET SCHOOL/EARLY CHLDHD LRN CT
21,248,892.00
21,248,807.19
84.81
100.00%
432 WATERFORD HIGH SCHOOL BUILDING PROJECT
68,362,787.00
67,786,416.66
576,370.34
99.16%
TOTALS
89,611,679.00
89,035,223.85
576,455.15
99.36%
0.00
PRIOR YEAR EXPENDITURES
89,035,223.85
CURRENT YEAR EXPENDITURES
0.00
 

TOWN OF WATERFORD
STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE
FLEET MANAGEMENT FUND
AS OF APRIL 30, 2025
  
Revenues:
   Investment Income
154,529
   Vehicle Rentals
54,738
   Sale of Vehicles
22,857
   Sale of Equipment
8,430
Total Revenues
240,554
Expenditures:
   Equipment Replacement
198,960
   Vehicle Replacement
2,717,556
Total Expenditures
2,916,517
Excess (Deficiency) of Revenues Over Expenditures
(2,675,962)
Other Financing Sources (Uses):
   Transfers from other funds
1,000,000
Total Other Financing Sources (Uses)
1,000,000
Net Change in Fund Balances
(1,675,962)
Fund Balances - Beginning
3,501,938
Fund Balances - Ending
1,825,976

TOWN OF WATERFORD
CAPITAL IMPROVEMENT FUND
APRIL 30, 2025
EXPENDED/
PERCENT
TRANSFERS
ACCOUNT 
DEPT/YEAR
DESCRIPTION
APPROPRIATED
ENCUMBERED
BALANCE
EXPENDED
OUT
30125-55738
BOS FY25
FLEET MANAGEMENT PLAN
1,000,000.00
1,000,000.00
0.00
100.0%
1,000,000.00 TO FLEET MANAGEMENT FUND
31117-55803
BLDG MAINT FY17
PARKING LOT -YOUTH SERVICES
300,000.00
73,000.00
227,000.00
24.3%
31118-55803
BLDG MAINT FY18
PARKING LOT -YSB/POLICE 
195,320.00
57,000.00
138,320.00
29.2%
31120-55851
BLDG MAINT FY20
ADA IMPROVEMENTS YSB/PD
87,000.00
38,364.40
48,635.60
44.1%
31120-55852
BLDG MAINT FY20
TOWN HALL BATHROOMS
87,500.00
87,500.00
0.00
100.0%
31121-55851
BLDG MAINT FY21
ADA IMPROVEMENTS YSB/PD
80,700.00
15,139.00
65,561.00
18.8%
31122-55819
BLDG MAINT FY22
UST REPLACEMENT               
250,000.00
250,010.00
(10.00)
100.0%
31122-55893
BLDG MAINT FY22
EUGENE O'NEILL  ROOF REPLACE  
60,767.64
60,767.64
0.00
100.0%
31123-55904
BLDG MAINT FY23
UST REPLACEMENT EUGENE O'NEILL
260,000.00
150,353.41
109,646.59
57.8%
31123-55905
BLDG MAINT FY23
UST REPLACEMENT LIBRARY&PUBLIC SAFETY
420,000.00
419,129.24
870.76
99.8%
31123-57857
BLDG MAINT FY23
CIVIC TRIANGLE UPGRADES       
1,285,818.00
1,285,818.00
0.00
100.0%
23,388.28
31124-55912
BLDG MAINT FY24
TOWN DOCK REPLACEMENT         
40,000.00
0.00
40,000.00
0.0%
31124-55913
BLDG MAINT FY24
JORDAN PARKHOUSE REPAIRS      
31,583.00
13,102.24
18,480.76
41.5%
31124-55915
BLDG MAINT FY24
SEPTIC REPLMT (EUGENE O'NEILL)
43,500.00
35,154.00
8,346.00
80.8%
31125-55904
BLDG MAINT FY25
UST REPLACEMENT EUGENE O'NEILL
153,000.00
78,671.59
74,328.41
51.4%
32224-55908
EMERGENCY MANAGEMENT FY24
APCO INTELLICOM GUIDECARD SYST
40,000.00
40,000.00
0.00
100.0%
32224-55909
EMERGENCY MANAGEMENT FY24
EVENTIDE NEXLOGDX RECORDER    
88,701.00
0.00
88,701.00
0.0%
32323-55900
FIRE SERVICES FY23
COHANZIE EMERGENCY GENERATOR
57,000.00
57,000.00
0.00
100.0%
1,000.00
32323-55907
FIRE SERVICES FY23
PAGERS UPGRADE/REPLACEMENT
25,000.00
24,862.95
137.05
99.5%
32325-55916
FIRE SERVICES FY25
COHANZIE SKYLIGHT REPLACEMENT 
30,000.00
23,500.00
6,500.00
78.3%
32925-55918
POLICE DEPT FY25
CELL BLOCK/KITCHEN UPDATE     
25,575.00
25,575.00
0.00
100.0%
2,325.00
32925-55919
POLICE DEPT FY25
FIREARMS/LASER SITE TRANSITION
53,289.00
52,357.52
931.48
98.3%
33020-55850
PUBLIC WORKS FY20
CROSS ROAD                    
2,754,000.00
2,754,000.00
0.00
100.0%
33020-59300
PUBLIC WORKS FY20
FUNDING OFFSET-CROSS ROAD                    
(2,754,000.00)
(2,754,000.00)
0.00
100.0%
33022-55882
PUBLIC WORKS FY22
NORMAN/CONCRETE PANELS        
119,512.99
119,512.99
0.00
100.0%
33022-55883
PUBLIC WORKS FY22
WILLIAM ST CONCRETE SIDEWALK 
37,007.44
37,007.44
0.00
100.0%
6,330.91
33022-55884
PUBLIC WORKS FY22
SUMMER STREET/CONCRETE SW     
12,788.35
12,788.35
0.00
100.0%
33022-55885
PUBLIC WORKS FY22
DAVID STREET/CONCRETE SW      
30,191.22
30,191.22
0.00
100.0%
33023-55890
PUBLIC WORKS FY23
ROAD RESURFACING EVERSOURCE AF
315,951.00
(449,026.83)
764,977.83
-142.1%
Page 1 of 2

TOWN OF WATERFORD
CAPITAL IMPROVEMENT FUND
APRIL 30, 2025
EXPENDED/
PERCENT
TRANSFERS
ACCOUNT 
DEPT/YEAR
DESCRIPTION
APPROPRIATED
ENCUMBERED
BALANCE
EXPENDED
OUT
33023-55901
PUBLIC WORKS FY23
CURB REPLACEMENT SANDY HOLLW
319,300.00
229,119.68
90,180.32
71.8%
33024-55911
PUBLIC WORKS FY24
BLOOMINGDALE/HUNTS BRK CULVERT
15,000.00
15,000.00
0.00
100.0%
33024-55914
PUBLIC WORKS FY24
ROTARY LIFT REPLACEMENTS      
75,000.00
74,972.00
28.00
100.0%
33025-55920
PUBLIC WORKS FY25
NIANTIC RIVER ROAD SIDEWALK RE
25,000.00
15,000.00
10,000.00
60.0%
33122-55894
UTILITY COMM FY22
CONTROL PANEL RETRO-FIT (GORMA
30,000.00
30,000.00
0.00
100.0%
223.14
33123-55019
UTILITY COMM FY23
CONTRACT #1 SEWER INTERCEPTOR EASEMENT ACCESS
250,000.00
102,800.00
147,200.00
41.1%
33123-55895
UTILITY COMM FY23
ROOF & SIDING REPLACEMENT     
50,000.00
34,587.16
15,412.84
69.2%
33720-55855
REC & PARKS FY20
TOWN COURT REPAIRS
1,447,058.00
1,446,250.00
808.00
99.9%
33722-55896
REC & PARKS FY22
EQUIPMENT STORAGE PLAN        
21,000.00
16,750.00
4,250.00
79.8%
33723-55838
REC & PARKS FY23
CHILDREN'S PLAYGROUND
40,000.00
0.00
40,000.00
0.0%
33725-55838
REC & PARKS FY25
STENGER PARK BATHROOM & WALKWAY
10,500.00
8,000.00
2,500.00
76.2%
34723-55021
INFORMATION TECHNOLOGY  FY23
AUDITORIUM MEETING ROOM UPDATES
272,000.00
206,066.25
65,933.75
75.8%
34724-55910
INFORMATION TECHNOLOGY  FY24
NEXGEN TRANSITION             
309,520.00
309,520.00
0.00
100.0%
6,736.10
34725-55917
INFORMATION TECHNOLOGY  FY24
CONTENT FILTER UPGRADE/REPLACE
15,163.00
15,163.00
0.00
100.0%
3,564.23
TOTALS
8,009,745.64
6,041,006.25
1,968,739.39
75.4%
1,043,567.66
PRIOR YEAR EXPENDITURES
2,523,101.04
CURRENT YEAR EXPENDITURES
3,517,905.21
Page 2 of 2

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE DESIGNATION AND APPROPRIATION
JULY 1,2024 TO JUNE 30,2025
AS OF APRIL 30,2025
BEGINNING 
FY25 RTM
CLOSED
AVAILABLE 
BALANCE
XFER IN
FISCAL YEAR 2024-2025
ENCUMBERED/ BAL (REVERTS
INTEREST 
OTHER 
TO DATE
 
APPROPRIATIONS
DESIGNATED
UNDESIGNATED
DESIGNATED APPROPRIATED
DESIGNATED UNDESIGNATED
EXPENDED
TO FUND)
INC
REVENUES
APPROPRIATED
DESIGNATED UNDESIGNATED
20501-57018
PURCHASE 8 GOSHEN ROAD
$6,314.00
$0.00
$0.00
$6,314.00
$0.00
$0.00
$6,314.00
20501-57639
REVALUATION
$0.00
$407,700.00
$0.00
$125,000.00
$0.00
$532,700.00
$0.00
20511-57740
COHANZIE SCHOOL REMEDIATION &
$0.00
$0.00
$0.00
$40,000.00
$0.00
$40,000.00
$0.00
20511-57767
NEVINS COTTAGE REPAIRS
$20,715.00
$100,000.00
$0.00
$75,000.00
($75,000.00)
$29,279.77
$66,435.23
$25,000.00
$0.00
20511-57840
PLAN OF CONSERVATION DEVELOPMENT
$10,914.86
$0.00
$0.00
$10,914.86
$0.00
$0.00
$0.00
20511-57870
MAGO POINT IMPROVEMENTS       
$0.00
$374,500.00
$0.00
$374,500.00
($374,500.00)
$504,435.54
$183,697.98
$53,762.44
$0.00
$0.00
20511-57871
PUBLIC SAFETY BLDG  HVAC      
$0.00
$62,045.00
$0.00
($62,045.00)
$62,045.00
$0.00
$0.00
$62,045.00
20511-57872
ROOF & HVAC REPLACEMENT PUBLIC SAFETY BUILDING
$61,169.20
$0.00
$0.00
$56,400.00
$4,769.20
$0.00
$0.00
20511-57874
RECONDITION ELEVATORS -TOWN HALL/YOUTH SERVICES BLDG
$268,133.85
$0.00
$0.00
$225,290.00
$42,843.85
$0.00
$0.00
20511-57876
SW SCHOOL UNDERGROUND TANK
$81,841.49
$0.00
$0.00
$632.74
$81,208.75
$0.00
$0.00
$81,208.75
20511-57879
TOWN HALL BATHROOM REFURBISHMENT
$214,827.04
$0.00
$0.00
$214,827.04
$0.00
$0.00
$0.00
20511-57885
COMMUNITY CENTER BMS PROJECT
$51,050.00
$0.00
$0.00
$51,050.00
$0.00
$0.00
$51,050.00
20511-57889
PUBLIC SAFETY COMPLEX HVAC    
$0.00
$0.00
$0.00
$100,000.00
$0.00
$100,000.00
$0.00
20522-57794
MOBILE & PORTABLE RADIO REPLACEMENT PROGRAM
$290,569.50
$3,683.00
$0.00
$290,238.75
$330.75
$3,683.00
$0.00
20522-57887
FARGO WATER TANK ANTENNA
$48,998.00
$0.00
$0.00
$48,997.26
$0.74
($0.00)
$0.00
$0.74
20523-57777
FIRE SERVICES -SCBA UPGRADE PROGRAM
$18.56
$0.00
$0.00
$50,000.00
$0.00
$45,850.00
$4,168.56
$0.00
$0.00
20523-57791
JORDAN-TRAFFIC LIGHT UPGRADE
$0.00
$25,000.00
$0.00
$35,460.00
($25,000.00)
$35,460.00
$0.00
$0.00
$0.00
20523-57792
OSWEGATCHIE-BUILDING RENOVATIONS
$602,241.42
$0.00
$0.00
$286,000.00
$297,515.85
$590,725.57
$0.00
$0.00
20523-57836
FIRE SERVICES CARPET REPLACEMENT
$0.00
$30,000.00
$0.00
$0.00
$30,000.00
$0.00
20523-57838
FIRE SERVICES PRE EMPTION LIGHT REPAIRS
$0.00
$50,000.00
$0.00
$27,000.00
($50,000.00)
$27,000.00
$0.00
$0.00
$0.00
20523-57888
GOSHEN ROOF REPLACEMENT       
$0.00
$0.00
$0.00
$60,000.00
$0.00
$60,000.00
$0.00
20530-57695
MUNICIPAL COMPLEX RENOVATION
$368,087.81
$6,100,833.00
$0.00
$51,000.00
$317,087.81
$6,100,833.00
$0.00
20507-59205
FUNDING OFFSETS DEBT SERVICE-MUNICIPAL COMPLEX
($1,251,500.00)
($6,000,000.00)
$0.00
($1,251,500.00)
($6,000,000.00)
$0.00
20530-57696
MUNICIPAL COMPLEX CLEAN UP
$4,370.23
$0.00
$0.00
$4,370.23
$0.00
$0.00
20530-57880
MAJOR/MINOR COLLECTOR ROAD PAVING
$855,873.25
$0.00
$0.00
$619,520.83
$236,352.42
$0.00
$0.00
20530-57886
OLD NORWICH ROAD PAVING
$1,053,000.00
$0.00
$0.00
$1,053,000.00
$0.00
$0.00
20531-57685
I/I MITIGATION & CONTROL
$261,737.99
$0.00
$0.00
$27,092.26
$234,645.73
$0.00
$0.00
20531-57816
OLD NORWICH/EVERGREEN/HARVEY AVE PUMP STATION REHA
$1,276,718.83
$0.00
$0.00
$1,116,122.92
$160,595.91
$0.00
$0.00
20531-57881
PLASTIC WATER SERVICE LINE REPLACEMENT
$491,803.64
$100,000.00
$0.00
$100,000.00
$79,905.37
$411,898.27
$200,000.00
$0.00
20531-57890
WEIMES & MARILYN EJECTOR REPLACEMENT
$0.00
$0.00
$0.00
$19,800.00
$19,800.00
($19,800.00)
$19,800.00
$0.00
$0.00
Page 1

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE DESIGNATION AND APPROPRIATION
JULY 1,2024 TO JUNE 30,2025
AS OF APRIL 30,2025
BEGINNING 
FY25 RTM
CLOSED
AVAILABLE 
BALANCE
XFER IN
FISCAL YEAR 2024-2025
ENCUMBERED/ BAL (REVERTS
INTEREST 
OTHER 
TO DATE
 
APPROPRIATIONS
DESIGNATED
UNDESIGNATED
DESIGNATED APPROPRIATED
DESIGNATED UNDESIGNATED
EXPENDED
TO FUND)
INC
REVENUES
APPROPRIATED
DESIGNATED UNDESIGNATED
20536-57848
LIBRARY HVAC UPGRADE          
$1,091,200.00
$0.00
$0.00
$505,078.00
$505,078.00
($505,078.00)
$140,391.76
$1,455,886.24
$0.00
$0.00
20500-49000
CT PUBLIC LIBRARY CONSTRUCTION GRANT
$0.00
($250,000.00)
$0.00
$0.00
($250,000.00)
$0.00
20537-57735
LEARY PARK ROAD /PARKING LOT
$0.00
$20,000.00
$0.00
$0.00
$20,000.00
$0.00
20537-57878
REPAIR OF PLEASURE BEACH SIDEWALK/PATH
$0.00
$0.00
$0.00
$145,000.00
$0.00
$145,000.00
$0.00
20541-57328
ALEWIFE COVE 
$0.00
$37,500.00
$0.00
$12,500.00
$50,000.00
($50,000.00)
$49,984.00
$16.00
$0.00
$0.00
$16.00
20547-47846
FIBER UPGRADE
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
20547-57847
TOWN-WIDE CAMERA SYSTEM
$84,914.00
$86.00
$0.00
($86.00)
$86.00
$84,914.00
$0.00
$0.00
$86.00
20547-57860
PHONE SYSTEM UPGRADE
$44,076.06
$16,000.00
$0.00
($16,000.00)
$16,000.00
$44,076.06
$0.00
$0.00
$60,076.06
20547-57861
SWITCHES
$0.00
$2,258.00
$0.00
$0.00
$2,258.00
$0.00
20547-57882
COMPUTER REPLACEMENTS
$0.65
$8,069.00
$0.00
$20,264.00
$0.65
$28,333.00
$0.00
20500-43600
TURF FIELD RENTAL REVENUES
$0.00
$4,815.00
$0.00
$0.00
$4,815.00
$0.00
20560-55020
CLMS CHILLER REPLACEMENTS
$929,774.04
$0.00
$0.00
$859,545.00
$70,229.04
$0.00
$0.00
20560-57820
WHS TRACK & FIELD REPLACEMENT
$0.00
$0.00
$0.00
$1,200,000.00
$1,147,000.00
($1,147,000.00)
$1,147,000.00
$0.00
$53,000.00
$0.00
20560-57822
IT LEARNING BOARDS -END OF LIFE
$14,202.10
$27,319.88
$0.00
$14,202.10
$27,319.88
$0.00
20560-57828
QH 10-YR RETRO COMMISSIONING
$0.00
$30,000.00
$0.00
$0.00
$30,000.00
$0.00
20560-57833
TENNIS COURTS
$0.00
$52,300.00
$0.00
$1,200,000.00
$1,148,100.00
($1,148,100.00)
$1,148,100.00
$0.00
$104,200.00
$0.00
20560-57841
BUS LOT OFFICE
$0.00
$150,000.00
$0.00
$0.00
$150,000.00
$0.00
20560-57842
SCHOOL SECURITY
$1,899,160.74
$0.00
$0.00
$1,621,520.56
$277,640.18
$0.00
$0.00
20560-57883
FINANCING ENERGY EFFICIENT EQUIPMENT
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
20560-57884
CHROMEBOOK & IPAD EQUIPMENT
$608.00
$0.00
$0.00
$608.00
$0.00
$0.00
20560-57891
ENERGY EFFICIENCY PROGRAM     
$0.00
$0.00
$0.00
$243,335.00
$243,335.00
($243,335.00)
$143,698.73
$99,636.27
$0.00
$0.00
20560-57892
HVAC EVALUATION/REMIDATION    
$0.00
$0.00
$0.00
$85,000.00
$0.00
$85,000.00
$0.00
20560-57893
GREAT NECK SCHOOL FIELD DRAINAGE
$0.00
$0.00
$0.00
$278,750.00
$0.00
$278,750.00
$0.00
20500-49000
TRANSFERS IN 
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
205-31520
UNDESIGNATED FUND BALANCE
$0.00
$0.00
$693,566.03
($602,210.00)
$494,106.03
$0.00
$0.00
$585,462.06
 
$8,780,820.26
$1,352,108.88
$693,566.03
$3,855,977.00
$3,961,273.00
($3,437,194.00)
($524,079.00)
$8,875,637.24
$182,665.55
$494,106.03
#######
$3,867,488.45
$1,770,891.88
$846,258.61
Page 2

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE AND APPROPRIATION
AS OF APRIL 30, 2025
APPROPRIATED
DESIGNATED
UNDESIGNATED
TOTAL 
20501-57018 PURCHASE 8 GOSHEN ROAD
$0.00
$0.00
$6,314.00
$6,314.00
20501-57639 REVALUATION
$0.00
$532,700.00
$0.00
$532,700.00
20511-57740 COHANZIE SCHOOL REMEDIATION &
$0.00
$40,000.00
$0.00
$40,000.00
20511-57767 NEVINS COTTAGE REPAIRS
$66,435.23
$25,000.00
$0.00
$91,435.23
20511-57870 MAGO POINT IMPROVEMENTS       
$53,762.44
$0.00
$0.00
$53,762.44
20511-57871 PUBLIC SAFETY BLDG  HVAC      
$0.00
$0.00
$62,045.00
$62,045.00
20511-57872 ROOF & HVAC REPLACEMENT PUBLIC SAFETY BUILDING
$4,769.20
$0.00
$0.00
$4,769.20
20511-57874 RECONDITION ELEVATORS -TOWN HALL/YOUTH SERVICES BLDG
$42,843.85
$0.00
$0.00
$42,843.85
20511-57876 SW SCHOOL UNDERGROUND TANK
$0.00
$0.00
$81,208.75
$81,208.75
20511-57879 TOWN HALL BATHROOM REFURBISHMENT
$0.00
$0.00
$0.00
$0.00
20511-57885 COMMUNITY CENTER BMS PROJECT
$0.00
$0.00
$51,050.00
$51,050.00
20511-57889 PUBLIC SAFETY COMPLEX HVAC    
$0.00
$100,000.00
$0.00
$100,000.00
20522-57794 MOBILE & PORTABLE RADIO REPLACEMENT PROGRAM
$330.75
$3,683.00
$0.00
$4,013.75
20522-57887 FARGO WATER TANK ANTENNA
($0.00)
$0.00
$0.74
$0.74
20523-57777 FIRE SERVICES -SCBA UPGRADE PROGRAM
$4,168.56
$0.00
$0.00
$4,168.56
20523-57792 OSWEGATCHIE-BUILDING RENOVATIONS
$590,725.57
$0.00
$0.00
$590,725.57
20523-57836 FIRE SERVICES CARPET REPLACEMENT
$0.00
$30,000.00
$0.00
$30,000.00
20523-57888 GOSHEN ROOF REPLACEMENT       
$0.00
$60,000.00
$0.00
$60,000.00
20530-57695 MUNICIPAL COMPLEX RENOVATION
$317,087.81
$6,100,833.00
$0.00
$6,417,920.81
20507-59205 FUNDING OFFSETS DEBT SERVICE-MUNICIPAL COMPLEX
($1,251,500.00)
($6,000,000.00)
$0.00
($7,251,500.00)
20530-57696 MUNICIPAL COMPLEX CLEAN UP
$4,370.23
$0.00
$0.00
$4,370.23
20530-57880 MAJOR/MINOR COLLECTOR ROAD PAVING
$236,352.42
$0.00
$0.00
$236,352.42
20530-57886 OLD NORWICH ROAD PAVING
$1,053,000.00
$0.00
$0.00
$1,053,000.00
20531-57685 I/I MITIGATION & CONTROL
$234,645.73
$0.00
$0.00
$234,645.73
20531-57816 OLD NORWICH/EVERGREEN/HARVEY AVE PUMP STATION REHAB
$160,595.91
$0.00
$0.00
$160,595.91
20531-57881 PLASTIC WATER SERVICE LINE REPLACEMENT
$411,898.27
$200,000.00
$0.00
$611,898.27
20531-57890 WEIMES & MARILYN EJECTOR REPLACEMENT
$19,800.00
$0.00
$0.00
$19,800.00
20536-57848 LIBRARY HVAC UPGRADE          
$1,455,886.24
$0.00
$0.00
$1,455,886.24
20500-49000 CT PUBLIC LIBRARY CONSTRUCTION GRANT
$0.00
($250,000.00)
$0.00
($250,000.00)
20537-57735 LEARY PARK ROAD /PARKING LOT
$0.00
$20,000.00
$0.00
$20,000.00
20537-57878 REPAIR OF PLEASURE BEACH SIDEWALK/PATH
$0.00
$145,000.00
$0.00
$145,000.00
20541-57328 ALEWIFE COVE 
$0.00
$0.00
$16.00
$16.00
20547-57847 TOWN-WIDE CAMERA SYSTEM
$0.00
$0.00
$86.00
$86.00
20547-57860 PHONE SYSTEM UPGRADE
$0.00
$0.00
$60,076.06
$60,076.06
20547-57861 SWITCHES
$0.00
$2,258.00
$0.00
$2,258.00
20547-57882 COMPUTER REPLACEMENTS
$0.65
$28,333.00
$0.00
$28,333.65
20500-43600 TURF FIELD RENTAL REVENUES
$0.00
$4,815.00
$0.00
$4,815.00
20560-55020 CLMS CHILLER REPLACEMENTS
$70,229.04
$0.00
$0.00
$70,229.04
20560-57820 WHS TRACK & FIELD REPLACEMENT
$0.00
$53,000.00
$0.00
$53,000.00
Page 1

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE AND APPROPRIATION
AS OF APRIL 30, 2025
APPROPRIATED
DESIGNATED
UNDESIGNATED
TOTAL 
20560-57822 IT LEARNING BOARDS -END OF LIFE
$14,202.10
$27,319.88
$0.00
$41,521.98
20560-57828 QH 10-YR RETRO COMMISSIONING
$0.00
$30,000.00
$0.00
$30,000.00
20560-57833 TENNIS COURTS
$0.00
$104,200.00
$0.00
$104,200.00
20560-57841 BUS LOT OFFICE
$0.00
$150,000.00
$0.00
$150,000.00
20560-57842 SCHOOL SECURITY
$277,640.18
$0.00
$0.00
$277,640.18
20560-57884 CHROMEBOOK & IPAD EQUIPMENT
$608.00
$0.00
$0.00
$608.00
20560-57891 ENERGY EFFICIENCY PROGRAM     
$99,636.27
$0.00
$0.00
$99,636.27
20560-57892 HVAC EVALUATION/REMIDATION    
$0.00
$85,000.00
$0.00
$85,000.00
20560-57893 GREAT NECK SCHOOL FIELD DRAINAGE
$0.00
$278,750.00
$0.00
$278,750.00
205-31520
UNDESIGNATED FUND BALANCE
$0.00
$0.00
$585,462.06
$585,462.06
TOTAL
$3,867,488.45
$1,770,891.88
$846,258.61
$6,484,638.94
 
Page 2

Insurance 
Administration Fund
Balance Sheet
April 30, 2025
Assets
   Cash and Cash Equivalents
6,052,532
   Accounts Receivable
1,813
   Due From Other Funds
31,464
Total Assets
6,085,809
Liabilities
   Accrued Liabilities (IBNR)
864,000
   Advance Payments
5,152
Total Liabilities
869,152
Net Assets
   Unrestricted
$5,216,657
Total Net Assets
$
$5,216,657