Combined Financial Reports August 2024

Contributed Gifts Fund
August 31, 2023
R&P 
R&P 
R&P
R&P
FINANCE
POLICE
R&P
 MEMORIAL
FRANCES X.
CIVIC
DEIDRICK
HELMET
R&P
TREES &
 SWEENEY
R&P
R&P
TRIANGLE
FIELD PRESS 
DEPT.
RODEO
GENERAL 
BENCHES
 MEMORIAL
DOG PARK
PLAYGROUND
MEMORIAL
BOX
AUDITORIUM
AUSTISM
FISCAL YEAR 2024
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
A/V UPGRADE
TRAINING
REVENUES
K9 DONATIONS
POLICE DEPT. GENERAL DONATIONS
TOTAL REVENUES
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
EXPENDITURES
07/14/23 EAST COAST K-9 TICO
08/04/23 JP MORGAN CHASE
08/04/23 D.DRISCOLL REIMBURSEMENT
08/04/23 SYMBOL ARTS P.O. 240217
08/18/23 PETTY CASH
08/18/23 MEDIA HERE& NOW LLC
08/04/23 JP MORGAN CHASE
TOTAL EXPENDITURES
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
NET CURRENT YEAR ACTIVITY
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
PRIOR YEAR BALANCE
$594.72
$29.60
$1,271.39
$65.00
$725.97
$60,486.32
$1,140.00
$12,600.00
$151.00
$1,700.00
CURRENT YEAR BALANCE
$594.72
$29.60
$1,271.39
$65.00
$725.97
$60,486.32
$1,140.00
$12,600.00
$151.00
$1,700.00
Page 1 of 2

Contributed Gifts Fund
August 31, 2023
FISCAL YEAR 2024
REVENUES
K9 DONATIONS
POLICE DEPT. GENERAL DONATIONS
TOTAL REVENUES
EXPENDITURES
07/14/23 EAST COAST K-9 TICO
08/04/23 JP MORGAN CHASE
08/04/23 D.DRISCOLL REIMBURSEMENT
08/04/23 SYMBOL ARTS P.O. 240217
08/18/23 PETTY CASH
08/18/23 MEDIA HERE& NOW LLC
08/04/23 JP MORGAN CHASE
TOTAL EXPENDITURES
NET CURRENT YEAR ACTIVITY
PRIOR YEAR BALANCE
CURRENT YEAR BALANCE
POLICE
POLICE
POLICE
POLICE
DEPT.
DEPT.
DEPT.
PUBLIC 
VEHICLE
K-9
GENERAL 
SAFETY
 CHALLENGE
 PROGRAM
DONATIONS
 DOCK
TOTAL
$2,000.00
$1,000.00
$0.00
$2,000.00
$1,000.00
$0.00
$3,000.00
$9,950.00
$0.00
$1,905.49
$46.47
$1,614.00
$50.00
$500.00
$230.24
$0.00
$11,855.49
$2,440.71
$0.00
$14,296.20
$0.00
($9,855.49)
($1,440.71)
$0.00
($11,296.20)
$780.11
$14,897.23
$11,234.78
$7.04
$105,683.16
$780.11
$5,041.74
$9,794.07
$7.04
$94,386.96
Page 2 of 2

GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED TO BUDGET
FOR FISCAL YEAR 2023-2024, THROUGH AUGUST 31, 2023
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2022-2023, THROUGH  AUGUST 31, 2022
FISCAL YEAR 2024
FISCAL YEAR 2024
VARIANCE
FISCAL YEAR
FISCAL YEAR 2024
FISCAL YEAR 2024
PERCENT
FAVORABLE
2022-2023
APPROPRIATED
ACTUAL
EXPENDED
(UNFAVORABLE)
ACTUAL
GENERAL GOVERNMENT
Board of Selectmen
$207,605
$27,442
13.22%
180,163
$29,508
Registrar of Voters
$79,488
$12,629
15.89%
66,859
$23,606
Board of Finance
$70,159
$65,168
92.89%
4,991
$61,979
Assessor
$292,148
$38,333
13.12%
253,815
$46,138
Board of Assessment Appeals
$1,602
$13
0.80%
1,589
$163
Tax Collector
$217,865
$51,211
23.51%
166,654
$50,734
Finance Department
$747,721
$194,954
26.07%
552,767
$160,603
Legal Department
$370,000
$70,440
19.04%
299,560
$32,262
Town Clerk
$252,225
$54,351
21.55%
197,874
$34,536
Planning and Zoning
$661,210
$86,116
13.02%
575,094
$92,487
Building Maintenance
$899,770
$328,705
36.53%
571,066
$193,410
Insurance
$5,105,857
$1,342,632
26.30%
3,763,225
$1,224,722
Economic Development Commission
$27,447
$9,419
34.32%
18,028
$1,137
Conservation Commission
$18,250
$1,211
6.64%
17,039
$1,303
Zoning Board of Appeals
$4,310
2,969
68.89%
1,341
2,988
Retirement Commission
$7,049,737
$2,323,790
32.96%
4,725,947
$2,065,934
R.T.M.
$18,903
$13,304
70.38%
5,599
$13,079
Building Department
$297,609
$41,039
13.79%
256,570
$33,650
Youth Service Bureau
$239,827
$62,324
25.99%
177,503
$44,330
Social Service Grants/Miscellaneous
$88,182
$125,214
141.99%
(37,032)
$11,552
Contingency Fund
$190,000
0
0.00%
190,000
0
Emergency Management
$1,094,563
$142,664
13.03%
951,900
$158,552
Fire Services
$3,531,618
$1,204,698
34.11%
2,326,920
$1,139,305
Police Department
$6,730,602
$974,938
14.49%
5,755,664
$915,243
Public Works Department
$4,994,798
$1,567,716
31.39%
3,427,082
$1,661,620
Conservation of Health
$148,407
148,407
100.00%
(0)
148,126
Public Health Nursing
$25,911
10,000
38.59%
15,911
24,000
Senior Citizens Commission
$484,631
99,983
20.63%
384,648
62,585
Waterford Public Library
$1,006,837
$175,681
17.45%
831,156
$167,173
Page 1 of 2

GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED TO BUDGET
FOR FISCAL YEAR 2023-2024, THROUGH AUGUST 31, 2023
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2022-2023, THROUGH  AUGUST 31, 2022
FISCAL YEAR 2024
FISCAL YEAR 2024
VARIANCE
FISCAL YEAR
FISCAL YEAR 2024
FISCAL YEAR 2024
PERCENT
FAVORABLE
2022-2023
APPROPRIATED
ACTUAL
EXPENDED
(UNFAVORABLE)
ACTUAL
Recreation and Parks
$1,418,773
$366,730
25.85%
1,052,043
$354,777
Flood and Erosion Control Bd.
$2,138
0
0.00%
2,138
331
Ethics Commission
$900
47
5.20%
853
0
Human Resources
$259,836
$101,268
38.97%
158,568
$107,304
Information Technology
$1,165,181
$570,814
48.99%
594,367
$638,946
Transfer to Waterford Special Activity Fund
$4,750
$4,750
100.00%
0
$4,750
Transfer to Waterford Shellfish Fund
$4,134
$4,134
100.00%
0
$1,721
Transfer to Capital Improvement Fund
$2,502,902
$2,502,902
100.00%
0
$2,946,905
Transfer to Capital & Non-Recurring Fund
$581,250
$581,250
100.00%
0
$1,238,824
Transfer to Dog Fund
$100,000
$100,000
100.00%
0
$60,000
Debt Service
$8,148,250
$6,454,468
79.21%
1,693,782
$4,528,916
Total General Government
$49,045,396
$19,861,713
40.50%
$29,183,683
$18,283,199
Board of Education
$54,193,983
$2,881,332
5.32%
51,312,651
$3,175,280
Total General Fund
$103,239,379
$22,743,045
22.03%
$80,496,334
$21,458,479
Page 2 of 2

TOWN OF WATERFORD
STATEMENT OF REVENUES COMPARED TO ANTICIPATED
FOR FISCAL YEAR 2023-2024, THROUGH AUGUST 31, 2023
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2022-2023, THROUGH  AUGUST 31, 2022
 
FAVORABLE
FISCAL
(UNFAVORABLE)
FISCAL
FISCAL
YEAR
FISCAL
FISCAL
YEAR
YEAR
2023-2024
YEAR
YEAR
2023-2024
2023-2024
PERCENT 2023-2024
2022-2023
BUDGET
ACTUAL
RECEIVED VARIANCE
ACTUAL
STATE OF CONNECTICUT
EDUCATION
EQUALIZED COST SHARING
$326,444
$0
0.00%
(326,444)
$0
HEALTH & WELFARE
$6,359
$0
0.00%
(6,359)
$0
SUB TOTAL
332,803
0
0.00%
(332,803)
0
GENERAL GOVERNMENT
PILOT-DISABLED
1,200
0
0.00%
(1,200)
$0
TIERED PILOT 
315,978
0
0.00%
(315,978)
$0
TAX RELIEF-VETERANS
5,000
0
0.00%
(5,000)
$0
CIVIL PREPAREDNESS
20,000
0
0.00%
(20,000)
$0
TELECOMMUNICATIONS PROPERTY TAX
58,071
0
0.00%
(58,071)
$0
TOWN AID ROADS-IMPROVED
321,120
160,680
50.04%
(160,440)
$0
LOCAL CAPITAL IMPROVEMENT (LOCIP)
116,994
0
0.00%
(116,994)
$0
SDE STATE GRANT
14,000
3,526
25.18%
(10,474)
$0
ENHANCEMENT 911
22,981
5,646
24.57%
(17,335)
$5,604
MUNICIPAL REVENUE SHARE GRANT
379,498
0
0.00%
(379,498)
$0
GRANTS FOR MUNICIPAL PROJECTS
68,510
0
0.00%
(68,510)
$0
TOTAL GENERAL GOVERNMENT
1,323,352
169,851
12.83%
(1,153,501)
5,604
TOTAL STATE OF CONNECTICUT
1,656,155
169,851
10.26%
(1,486,304)
5,604
OTHER SOURCES
EDUCATION
TUITION
60,000
0
0.00%
(60,000)
9,604
RENT & MISCELLANEOUS
1,500
0
0.00%
(1,500)
0
SUB TOTAL
61,500
0
0.00%
(61,500)
9,604

TOWN OF WATERFORD
STATEMENT OF REVENUES COMPARED TO ANTICIPATED
FOR FISCAL YEAR 2023-2024, THROUGH AUGUST 31, 2023
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2022-2023, THROUGH  AUGUST 31, 2022
 
FAVORABLE
FISCAL
(UNFAVORABLE)
FISCAL
FISCAL
YEAR
FISCAL
FISCAL
YEAR
YEAR
2023-2024
YEAR
YEAR
2023-2024
2023-2024
PERCENT 2023-2024
2022-2023
BUDGET
ACTUAL
RECEIVED VARIANCE
ACTUAL
GENERAL GOVERNMENT
INTEREST & LIENS
291,306
66,634
22.87%
(224,672)
41,541
INTEREST ON INVESTMENTS
2,500,000
546,300
21.85%
(1,953,700)
170,997
RECREATION & PARKS
165,000
153,190
92.84%
(11,810)
150,406
BUILDING INSPECTOR
400,000
96,122
24.03%
(303,878)
139,741
LICENSE, FEE, PERMIT, FINE
135,309
2,832
2.09%
(132,478)
4,242
LIBRARY
0
286
#DIV/0!
286
0
WATER MAIN ASSESSMENTS
0
0
#DIV/0!
0
0
SALE OF EQUIPMENT
1,000
0
0.00%
(1,000)
0
SCRRRA REBATE
0
0
#DIV/0!
0
0
NL RADIO COMM. NETWORK USE FEE
72,000
0
0.00%
(72,000)
0
ALARM PENALTIES
0
0
#DIV/0!
0
0
BULKY WASTE FEES
110,000
22,233
20.21%
(87,767)
21,464
MISCELLANEOUS
27,582
11,400
41.33%
(16,182)
9,985
CONVEYANCE TAX
200,000
55,927
27.96%
(144,073)
68,073
EMS-REG COMM CTR FEES
6,000
0
0.00%
(6,000)
0
SEWER ASSESSMENTS
0
0
#DIV/0!
0
0
PLANNING& ZONING, ZBA, CONSRV COMM
54,183
4,066
7.50%
(50,117)
21,264
TOWN CLERK FEES
175,000
27,448
15.68%
(147,553)
30,754
LIENS -COLLECTED BY UTILITY COMMISSION
0
0
#DIV/0!
0
0
TIPPING FEES
275,000
0
0.00%
(275,000)
0
RECYCLING
45,000
0
0.00%
(45,000)
0
COST SHARING PRR
0
0
#DIV/0!
0
187,367
TRANSFERS FROM OTHER FUNDS
0.00
0
#DIV/0!
0
0
TRANSFERS IN-PY ENCUMBRANCES
0
0
#DIV/0!
0
0
EUGENE O'NEILL GATE/LEASE REVENUE
10,000
0
0.00%
(10,000)
0
AMBULANCE OPERATING SUBSIDY
0
0
#DIV/0!
0
0
YSB BOE CLERICAL STIPEND
5,000
0
0.00%
(5,000)
0
RENTAL OF BUILDINGS
50,000
13,974
27.95%
(36,026)
23,429
SENIOR SERVICES
10,196
3,264
32.01%
(6,932)
2,288
VERSA KART/BLUE BOXES
10,000
2,060
20.60%
(7,940)
1,980
PUBLIC WORKS BOE CUSTODIAL SUBSIDY
73,218
73,218
100.00%
0
0
SUB TOTAL
4,615,794
1,078,952
23.38%
(3,536,842)
873,531
TOTAL OTHER SOURCES
4,677,294
1,078,952
23.07%
(3,598,342)
883,135
PROPERTY TAXATION
CURRENT PROPERTY TAX
95,263,203
71,211,439
74.75%
(24,051,764) 71,124,349
PRIOR YEAR TAXES
476,546
13,004
2.73%
(463,542)
27,657
TOTAL PROPERTY TAXATION
95,739,749
71,224,443
74.39%
(24,515,306) 71,152,006
TOTAL REVENUES
102,073,198
72,473,247
71.00%
(29,599,951) 72,040,745

TOWN OF WATERFORD
CAPITAL PROJECTS FUNDS
AUGUST 31, 2023
 
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  AUGUST 31, 2023
  
Revenues:
   Investment Income
32,729
   Vehicle Rentals
8,563
Total Revenues
41,291
Expenditures:
   Equipment Replacement
24,375
   Vehicle Replacement
668,135
Total Expenditures
692,510
Excess (Deficiency) of Revenues Over Expenditures
(651,218)
Other Financing Sources (Uses):
   Transfers from other funds
1,000,000
Total Other Financing Sources (Uses)
1,000,000
Net Change in Fund Balances
348,782
Fund Balances - Beginning
3,509,747
Fund Balances - Ending
3,858,529

TOWN OF WATERFORD
CAPITAL IMPROVEMENT FUND
 AUGUST 31, 2023
EXPENDED/
PERCENT
TRANSFERS
ACCOUNT 
DEPT/YEAR
DESCRIPTION
APPROPRIATED
ENCUMBERED
BALANCE
EXPENDED
OUT
30124-55738
BOS FY24
FLEET MANAGEMENT PLAN
1,000,000.00
1,000,000.00
0.00
100.0%
1,000,000.00 TO FLEET MANAGEMENT FUND
30716-55793
FINANCE (IT) FY16
FINANCIAL ACCOUNTING SOFTWARE
170,000.00
157,508.18
12,491.82
92.7%
31117-55803
BLDG MAINT FY17
PARKING LOT -YOUTH SERVICES
300,000.00
21,700.00
278,300.00
7.2%
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
20,800.00
66,200.00
23.9%
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
247,769.41
2,230.59
99.1%
31122-55892
BLDG MAINT FY22
AC UNIT REPLACMENT RADIO SITES
60,500.00
46,589.15
13,910.85
77.0%
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
79,950.67
180,049.33
30.8%
31123-55905
BLDG MAINT FY23
UST REPLACEMENT LIBRARY&PUBLIC SAFETY
420,000.00
246,694.24
173,305.76
58.7%
31123-57857
BLDG MAINT FY23
CIVIC TRIANGLE UPGRADES       
1,012,390.00
1,012,386.61
3.39
100.0%
31124-55904
BLDG MAINT FY24
UST REPLACEMT (EUGENE O'NEILL)
43,500.00
0.00
43,500.00
0.0%
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      
25,000.00
0.00
25,000.00
0.0%
32224-55908 5EMERGENCY MANAGEMENT FY24
APCO INTELLICOM GUIDECARD SYST
40,000.00
0.00
40,000.00
0.0%
32224-55909 5EMERGENCY 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
60,000.00
(3,000.00)
105.3%
32323-55907
FIRE SERVICES FY23
PAGERS UPGRADE/REPLACEMNENT
25,000.00
24,179.40
820.60
96.7%
33020-55850
PUBLIC WORKS FY20
CROSS ROAD                    
2,754,000.00
1,944,901.12
809,098.88
70.6%
33020-59300
PUBLIC WORKS FY20
FUNDING OFFSET-CROSS ROAD                    
(2,754,000.00)
(2,611,641.60)
(142,358.40)
94.8%
33021-55867
PUBLIC WORKS FY21
REMOVE UST COHANZIE FIRE
337,500.00
336,563.20
936.80
99.7%
33022-55882
PUBLIC WORKS FY22
NORMAN/CONCRETE PANELS        
80,100.00
106,709.98
(26,609.98)
133.2%
33022-55883
PUBLIC WORKS FY22
WILLIAM ST CONCRETER SIDEWALK 
42,300.00
64,002.78
(21,702.78)
151.3%
33022-55884
PUBLIC WORKS FY22
SUMMER STREET/CONCRETE SW     
33,420.00
37,725.98
(4,305.98)
112.9%
33022-55885
PUBLIC WORKS FY22
DAVID STREET/CONCRETE SW      
43,680.00
68,235.78
(24,555.78)
156.2%
33023-55890
PUBLIC WORKS FY23
ROAD RESURFACING EVERSOURCE AF
315,951.00
0.00
315,951.00
0.0%
33023-55901
PUBLIC WORKS FY23
CURB REPLACEMENT SANDY HOLLW
319,300.00
10,720.56
308,579.44
3.4%
Page 1 of 2

TOWN OF WATERFORD
CAPITAL IMPROVEMENT FUND
 AUGUST 31, 2023
EXPENDED/
PERCENT
TRANSFERS
ACCOUNT 
DEPT/YEAR
DESCRIPTION
APPROPRIATED
ENCUMBERED
BALANCE
EXPENDED
OUT
33023-55902
PUBLIC WORKS FY23
RD RESURFACING SEC A, AREA 3          
325,915.00
0.00
325,915.00
0.0%
33024-55911
PUBLIC WORKS FY24
BLOOMINGDALE/HUNTS BRK CULVERT
15,000.00
0.00
15,000.00
0.0%
33024-55914
PUBLIC WORKS FY24
ROTARY LIFT REPLACEMENTS      
75,000.00
0.00
75,000.00
0.0%
33121-55871
UTILITY COMM FY21
EVERGREEN PUMP STATION
375,000.00
369,309.92
5,690.08
98.5%
33122-55894
UTILITY COMM FY22
CONTROL PANEL RETRO-FIT (GORMA
30,000.00
0.00
30,000.00
0.0%
33123-55019
UTILITY COMM FY23
CONTRACT #1 SEWER INTERCEPTOR EASEMENT ACCESS
250,000.00
75,200.00
174,800.00
30.1%
33123-55895
UTILITY COMM FY23
ROOF & SIDING REPLACEMENT     
50,000.00
5,209.66
44,790.34
10.4%
33123-55906
UTILITY COMM FY23
WUC BILLING SOFTWARE
130,000.00
130,927.50
(927.50)
100.7%
33720-55854
REC & PARKS FY20
LEARY BASKETBALL COURT REBUILD
91,000.00
0.00
91,000.00
0.0%
33720-55855
REC & PARKS FY20
TOWN HALL BASKETBALL COURT REP
41,000.00
0.00
41,000.00
0.0%
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%
34723-55021
INFORMATION TECHNOLOGY  FY23
AUDITORIUM MEETING ROOM UPDATES
272,000.00
244.88
271,755.12
0.1%
34724-55910
INFORMATION TECHNOLOGY  FY24
NEXGEN TRANSITION             
309,520.00
302,783.90
6,736.10
97.8%
TOTALS
7,501,064.64
3,995,627.96
3,505,436.68
53.3%
1,000,000.00
PRIOR YEAR EXPENDITURES
669,352.18
CURRENT YEAR EXPENDITURES
3,326,275.78
Page 2 of 2

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE DESIGNATION AND APPROPRIATION
JULY 1,2023 TO JUNE 30,2024
AS OF AUGUST 31,2023
BEGINNING 
FY24 RTM
CLOSED
AVAILABLE 
BALANCE
XFER IN
FISCAL YEAR 2023-2024
ENCUMBERED/ BAL (REVERTS
INTEREST 
TO DATE
 
APPROPRIATIONS
DESIGNATED
UNDESIGNATED
DESIGNATED APPROPRIATED DESIGNATEDUNDESIGNATED
EXPENDED
TO FUND)
INC
APPROPRIATED
DESIGNATED UNDESIGNATED
20501-57639
REVALUATION
($6,547.47)
$332,700.00
$0.00
$75,000.00
$17,255.80
($23,803.27)
$407,700.00
$0.00
20511-57767
NEVINS COTTAGE STRUCTURAL REPAIRS
$20,715.00
$100,000.00
$0.00
$20,715.00
$100,000.00
$0.00
20511-57839
TOWN HALL EMERGENCY EGRESS
$41,275.00
$0.00
$0.00
$41,275.00
$0.00
$0.00
20511-57840
PLAN OF CONSERVATION DEVELOPMENT
$56,220.07
$0.00
$0.00
$56,220.07
$0.00
$0.00
$0.00
20511-57856
JORDAN VILLAGE SIDEWALKS      
$87,786.36
$0.00
$0.00
$0.00
$87,786.36
$0.00
$0.00
$87,786.36
20502-48043
JORDAN VILLAGE SIDEWALK GRANT
$0.00
$280,000.00
$0.00
$0.00
$280,000.00
$0.00
20511-57866
TOWN HALL FRONT DOOR
$18,982.73
$0.00
$0.00
$18,982.73
$0.00
$0.00
20511-57870
MAGO POINT IMPROVEMENTS       
$19,125.00
$374,500.00
$0.00
$19,125.00
$0.00
$374,500.00
$0.00
20511-57871
PUBLIC SAFETY BLDG  HVAC      
$0.00
$62,045.00
$0.00
$0.00
$62,045.00
$0.00
20511-57872
ROOF & HVAC REPLACEMENT PUBLIC SAFETY BUILDING
$193,274.20
$0.00
$0.00
$178,605.00
$14,669.20
$0.00
$0.00
20511-57874
RECONDITION ELEVATORS -TOWN HALL/YOUTH SERVICES BLDG
$239,600.00
$0.00
$0.00
$239,565.00
$35.00
$0.00
$0.00
20511-57876
SW SCHOOL UNDERGROUND TANK
$122,732.32
$0.00
$0.00
$33,705.18
$89,027.14
$0.00
$0.00
20511-57879
TOWN HALL BATHROOM REFURBISHMENT
$293,871.35
$0.00
$0.00
$125,000.00
$399,090.00
$19,781.35
$0.00
$0.00
20511-57885
COMMUNITY CENTER BMS PROJECT
$0.00
$0.00
$0.00
$300,000.00
$300,000.00
($300,000.00)
$22,500.00
$277,500.00
$0.00
$0.00
20522-57794
MOBILE & PORTABLE RADIO REPLACEMENT PROGRAM
$44,991.50
$500,436.00
$0.00
$44,991.50
$0.00
$500,436.00
$0.00
20523-57777
FIRE SERVICES -SCBA UPGRADE PROGRAM
$0.00
$0.00
$0.00
$64,000.00
$0.00
$64,000.00
$0.00
20523-57791
JORDAN-TRAFFIC LIGHT UPGRADE
$0.00
$25,000.00
$0.00
$0.00
$25,000.00
$0.00
20523-57792
OSWEGATCHIE-BUILDING RENOVATIONS
$212,500.00
$0.00
$0.00
$212,500.00
$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
$0.00
$50,000.00
$0.00
20529-57458
EVIDENCE ROOM & ARMORY UPDATE & RENOVATE
$36,313.33
$0.00
$0.00
$24,174.43
$12,138.90
$0.00
$0.00
20530-57695
MUNICIPAL COMPLEX RENOVATION
$372,061.13
$6,100,833.00
$0.00
$17,090.06
$354,971.07
$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
$1,313,572.12
$0.00
$0.00
$485,194.50
$828,377.62
$0.00
$0.00
20530-57886
OLD NORWICH ROAD PAVING
$0.00
$0.00
$0.00
$1,053,000.00
$1,053,000.00
$0.00
$0.00
20531-55771
HARVEY AVENUE PUMP STATION REHAB
$503.58
$0.00
$0.00
$503.58
$0.00
$0.00
20531-57685
I/I MITIGATION & CONTROL
$312,063.86
$0.00
$0.00
$1,078.00
$310,985.86
$0.00
$0.00
20531-57816
OLD NORWICH/EVERGREEN/HARVEY AVE PUMP STATION REHAB
$554,835.61
$0.00
$0.00
$5,010.00
$549,825.61
$0.00
$0.00
20531-57881
PLASTIC WATER SERVICE LINE REPLACEMENT
$532,846.44
$0.00
$0.00
$100,000.00
$181,300.00
$92,753.63
$621,392.81
$100,000.00
$0.00
Page 1

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE DESIGNATION AND APPROPRIATION
JULY 1,2023 TO JUNE 30,2024
AS OF AUGUST 31,2023
BEGINNING 
FY24 RTM
CLOSED
AVAILABLE 
BALANCE
XFER IN
FISCAL YEAR 2023-2024
ENCUMBERED/ BAL (REVERTS
INTEREST 
TO DATE
 
APPROPRIATIONS
DESIGNATED
UNDESIGNATED
DESIGNATED APPROPRIATED DESIGNATEDUNDESIGNATED
EXPENDED
TO FUND)
INC
APPROPRIATED
DESIGNATED UNDESIGNATED
20536-57848
LIBRARY HVAC UPGRADE          
$0.00
$1,091,200.00
$0.00
$0.00
$1,091,200.00
$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
$15,236.00
$0.00
$0.00
$14,980.00
$256.00
$0.00
$0.00
20541-57328
ALEWIFE COVE DREDGING
$0.00
$37,500.00
$0.00
$0.00
$37,500.00
$0.00
20547-47846
FIBER UPGRADE
$0.00
$0.00
$0.00
$1,126.00
$0.00
$1,126.00
$0.00
$0.00
$0.00
20547-57847
TOWN-WIDE CAMERA SYSTEM
$0.00
$85,000.00
$0.00
$84,914.00
($84,914.00)
$84,914.00
$86.00
$0.00
20547-57860
PHONE SYSTEM UPGRADE
$0.00
$16,000.00
$0.00
$581,700.00
$581,700.00
$16,000.00
$0.00
20547-57861
SWITCHES
($0.00)
$2,258.00
$0.00
($0.00)
$2,258.00
$0.00
20547-57882
COMPUTER REPLACEMENTS
$0.00
$0.00
$0.00
$42,250.00
$0.00
$42,250.00
$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
$788,095.00
$0.00
$0.00
$12,945.00
$775,150.00
$0.00
$0.00
20560-57822
IT LEARNING BOARDS -END OF LIFE
$50,108.35
$27,319.88
$0.00
$34,740.00
$15,368.35
$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
$0.00
$52,300.00
$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
$32,175.00
$0.00
$0.00
$32,175.00
$0.00
$0.00
20560-57883
FINANCING ENERGY EFFICIENT EQUIPMENT
$0.00
$0.00
$0.00
$243,335.00
$243,335.00
$0.00
$0.00
20560-57884
CHROMEBOOK & IPAD EQUIPMENT
$0.00
$0.00
$0.00
$180,850.00
$180,242.00
$608.00
$0.00
$0.00
205-31520
UNDESIGNATED FUND BALANCE
$0.00
$0.00
$3,025,793.38
($2,366,311.00)
$97,293.47
$756,775.85
 
$4,105,206.71
$3,121,906.88
$3,025,793.38
$581,250.00
$2,751,225.00
($384,914.00)
($2,366,311.00)
$1,880,391.17
$87,786.36
$97,293.47
$4,888,254.18
$3,318,242.88
$844,562.21
Page 2

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE AND APPROPRIATION
AS OF AUGUST 31, 2023
APPROPRIATED
DESIGNATED
UNDESIGNATED
TOTAL 
20501-57639 REVALUATION
($23,803.27)
$407,700.00
$0.00
$383,896.73
20511-57767 NEVINS COTTAGE STRUCTURAL REPAIRS
$20,715.00
$100,000.00
$0.00
$120,715.00
20511-57839 TOWN HALL EMERGENCY EGRESS
$41,275.00
$0.00
$0.00
$41,275.00
20511-57856 JORDAN VILLAGE SIDEWALKS      
$0.00
$0.00
$87,786.36
$87,786.36
20511-57866 TOWN HALL FRONT DOOR
$18,982.73
$0.00
$0.00
$18,982.73
20511-57870 MAGO POINT IMPROVEMENTS       
$0.00
$374,500.00
$0.00
$374,500.00
20511-57871 PUBLIC SAFETY BLDG  HVAC      
$0.00
$62,045.00
$0.00
$62,045.00
20511-57872 ROOF & HVAC REPLACEMENT PUBLIC SAFETY BUILDING
$14,669.20
$0.00
$0.00
$14,669.20
20511-57874 RECONDITION ELEVATORS -TOWN HALL/YOUTH SERVICES BLDG
$35.00
$0.00
$0.00
$35.00
20511-57876 SW SCHOOL UNDERGROUND TANK
$89,027.14
$0.00
$0.00
$89,027.14
20511-57879 TOWN HALL BATHROOM REFURBISHMENT
$19,781.35
$0.00
$0.00
$19,781.35
20511-57885 COMMUNITY CENTER BMS PROJECT
$277,500.00
$0.00
$0.00
$277,500.00
20522-57794 MOBILE & PORTABLE RADIO REPLACEMENT PROGRAM
$0.00
$500,436.00
$0.00
$500,436.00
20523-57792 OSWEGATCHIE-BUILDING RENOVATIONS
$212,500.00
$0.00
$0.00
$212,500.00
20523-57777 FIRE SERVICES -SCBA UPGRADE PROGRAM
$0.00
$64,000.00
$0.00
$64,000.00
20523-57791 JORDAN-TRAFFIC LIGHT UPGRADE
$0.00
$25,000.00
$0.00
$25,000.00
20523-57836 FIRE SERVICES CARPET REPLACEMENT
$0.00
$30,000.00
$0.00
$30,000.00
20523-57838 FIRE SERVICES PRE EMPTION LIGHT REPAIRS
$0.00
$50,000.00
$0.00
$50,000.00
20529-57458 EVIDENCE ROOM & ARMORY UPDATE & RENOVATE
$12,138.90
$0.00
$0.00
$12,138.90
20530-57695 MUNICIPAL COMPLEX RENOVATION
$354,971.07
$6,100,833.00
$0.00
$6,455,804.07
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
$828,377.62
$0.00
$0.00
$828,377.62
20530-57886 OLD NORWICH ROAD PAVING
$1,053,000.00
$0.00
$0.00
$1,053,000.00
20531-55771 HARVEY AVENUE PUMP STATION REHAB
$503.58
$0.00
$0.00
$503.58
20531-57685 I/I MITIGATION & CONTROL
$310,985.86
$0.00
$0.00
$310,985.86
20531-57816 OLD NORWICH/EVERGREEN/HARVEY AVE PUMP STATION REHAB
$549,825.61
$0.00
$0.00
$549,825.61
20531-57881 PLASTIC WATER SERVICE LINE REPLACEMENT
$621,392.81
$100,000.00
$0.00
$721,392.81
20536-57848 LIBRARY HVAC UPGRADE          
$0.00
$1,091,200.00
$0.00
$1,091,200.00
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
$256.00
$0.00
$0.00
$256.00
20541-57328 ALEWIFE COVE DREDGING
$0.00
$37,500.00
$0.00
$37,500.00
20547-57847 TOWN-WIDE CAMERA SYSTEM
$84,914.00
$86.00
$0.00
$85,000.00
20547-57860 PHONE SYSTEM UPGRADE
$581,700.00
$16,000.00
$0.00
$597,700.00
20547-57861 SWITCHES
($0.00)
$2,258.00
$0.00
$2,258.00
20547-57882 COMPUTER REPLACEMENTS
$0.00
$42,250.00
$0.00
$42,250.00
20500-43600 TURF FIELD RENTAL REVENUES
$0.00
$4,815.00
$0.00
$4,815.00
20560-55020 CLMS CHILLER REPLACEMENTS
$775,150.00
$0.00
$0.00
$775,150.00
Page 1

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE AND APPROPRIATION
AS OF AUGUST 31, 2023
APPROPRIATED
DESIGNATED
UNDESIGNATED
TOTAL 
20560-57822 IT LEARNING BOARDS -END OF LIFE
$15,368.35
$27,319.88
$0.00
$42,688.23
20560-57828 QH 10-YR RETRO COMMISSIONING
$0.00
$30,000.00
$0.00
$30,000.00
20560-57833 TENNIS COURTS
$0.00
$52,300.00
$0.00
$52,300.00
20560-57841 BUS LOT OFFICE
$0.00
$150,000.00
$0.00
$150,000.00
20560-57842 SCHOOL SECURITY
$32,175.00
$0.00
$0.00
$32,175.00
20560-57883 FINANCING ENERGY EFFICIENT EQUIPMENT
$243,335.00
$0.00
$0.00
$243,335.00
20560-57884 CHROMEBOOK & IPAD EQUIPMENT
$608.00
$0.00
$0.00
$608.00
205-31520
UNDESIGNATED FUND BALANCE
$0.00
$0.00
$756,775.85
$756,775.85
TOTAL
$4,888,254.18
$3,318,242.88
$844,562.21
$9,051,059.27
 
Page 2

Insurance 
Administration Fund
Balance Sheet
August 31, 2023
Assets
   Cash and Cash Equivalents
4,761,338
   Accounts Receivable
3,545
Total Assets
4,764,882
Liabilities
   Accrued Liabilities (IBNR)
1,007,370
   Due to other funds
170,173
   Advance Payments
22,097
Total Liabilities
1,199,640
Net Assets
   Unrestricted
$3,565,243
Total Net Assets
$
$3,565,243
Note: Healthcare entry for FY24 is not posted yet