July Financials

Contributed Gifts Fund
July 31, 2023
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
FIELD PRESS 
DEPT.
DEPT.
DEPT.
DEPT.
PUBLIC 
RODEO
GENERAL 
BENCHES
 MEMORIAL
DOG PARK
PLAYGROUND
MEMORIAL
BOX
AUDITORIUM
AUSTISM
VEHICLE
K-9
GENERAL 
SAFETY
FISCAL YEAR 2024
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
A/V UPGRADE
TRAINING
 CHALLENGE
 PROGRAM
DONATIONS
 DOCK
TOTAL
REVENUES
K9 DONATIONS
$2,000.00
POLICE DEPT. GENERAL DONATIONS
$1,000.00
TOTAL REVENUES
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$2,000.00
$1,000.00
$0.00
$3,000.00
EXPENDITURES
07/14/23 EAST COAST K-9 TICO
$9,950.00
TOTAL EXPENDITURES
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$9,950.00
$0.00
$9,950.00
NET CURRENT YEAR ACTIVITY
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$2,000.00
($8,950.00)
$0.00
($6,950.00)
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
$780.11
$14,897.23
$11,234.78
$7.04
$105,683.16
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
$780.11
$16,897.23
$2,284.78
$7.04
$98,733.16
Page 1 of 1

GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED TO BUDGET
FOR FISCAL YEAR 2023-2024, THROUGH JULY 31, 2023
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2022-2023, THROUGH  JULY 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
$11,882
5.72%
195,723
$13,494
Registrar of Voters
$79,488
$5,070
6.38%
74,418
$9,081
Board of Finance
$70,159
$65,089
92.77%
5,070
$61,966
Assessor
$292,148
$16,460
5.63%
275,688
$34,284
Board of Assessment Appeals
$1,602
$12
0.76%
1,590
$0
Tax Collector
$217,865
$34,264
15.73%
183,601
$34,124
Finance Department
$747,721
$150,743
20.16%
596,978
$110,126
Legal Department
$295,000
($735)
-0.25%
295,735
$0
Town Clerk
$252,225
$12,703
5.04%
239,522
$14,933
Planning and Zoning
$661,210
$42,213
6.38%
618,997
$45,761
Building Maintenance
$899,770
$250,762
27.87%
649,008
$97,030
Insurance
$5,105,857
$1,334,227
26.13%
3,771,630
$1,214,177
Economic Development Commission
$27,447
$9,419
34.32%
18,028
$800
Conservation Commission
$18,250
$1,203
6.59%
17,047
$1,202
Zoning Board of Appeals
$4,310
2,968
68.86%
1,342
2,974
Retirement Commission
$7,049,737
$1,996,015
28.31%
5,053,722
$1,646,750
R.T.M.
$18,903
$12,852
67.99%
6,051
$12,852
Building Department
$297,609
$18,649
6.27%
278,960
$14,568
Youth Service Bureau
$239,827
$13,915
5.80%
225,912
$27,385
Social Service Grants/Miscellaneous
$88,182
$125,214
141.99%
(37,032)
$5,052
Contingency Fund
$265,000
0
0.00%
265,000
0
Emergency Management
$1,094,563
$53,179
4.86%
1,041,384
$92,961
Fire Services
$3,531,618
$966,598
27.37%
2,565,020
$793,278
Police Department
$6,730,602
$417,174
6.20%
6,313,428
$421,178
Public Works Department
$4,994,798
$1,249,724
25.02%
3,745,074
$1,176,271
Conservation of Health
$148,407
0
0.00%
148,407
0
Public Health Nursing
$25,911
0
0.00%
25,911
0
Senior Citizens Commission
$484,631
28,547
5.89%
456,084
27,989
Waterford Public Library
$1,006,837
$102,626
10.19%
904,211
$99,807
Page 1 of 2

GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED TO BUDGET
FOR FISCAL YEAR 2023-2024, THROUGH JULY 31, 2023
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2022-2023, THROUGH  JULY 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
$179,637
12.66%
1,239,136
$160,015
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
$88,228
33.96%
171,608
$93,103
Information Technology
$1,165,181
$499,919
42.90%
665,262
$552,982
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
$2,402,902
$2,402,902
100.00%
0
$2,946,905
Transfer to Capital & Non-Recurring Fund
$281,250
$281,250
100.00%
0
$1,238,824
Transfer to Dog Fund
$100,000
$100,000
100.00%
0
$60,000
Debt Service
$8,148,250
$2,176,825
26.72%
5,971,425
$2,246,075
Total General Government
$48,645,396
$12,658,466
26.02%
$35,986,930
$13,262,747
Board of Education
$54,193,983
$1,501,707
2.77%
52,692,276
$1,755,131
Total General Fund
$102,839,379
$14,160,174
13.77%
$88,679,205
$15,017,878
Page 2 of 2

TOWN OF WATERFORD
STATEMENT OF REVENUES COMPARED TO ANTICIPATED
FOR FISCAL YEAR 2023-2024, THROUGH JULY 31, 2023
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2022-2023, THROUGH  JULY 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
0
0.00%
(14,000)
$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
166,326
12.57%
(1,157,026)
5,604
TOTAL STATE OF CONNECTICUT
1,656,155
166,326
10.04%
(1,489,829)
5,604
OTHER SOURCES
EDUCATION
TUITION
60,000
0
0.00%
(60,000)
0
RENT & MISCELLANEOUS
1,500
0
0.00%
(1,500)
0
SUB TOTAL
61,500
0
0.00%
(61,500)
0

TOWN OF WATERFORD
STATEMENT OF REVENUES COMPARED TO ANTICIPATED
FOR FISCAL YEAR 2023-2024, THROUGH JULY 31, 2023
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2022-2023, THROUGH  JULY 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
13,776
4.73%
(277,530)
6,335
INTEREST ON INVESTMENTS
2,500,000
150,567
6.02%
(2,349,433)
20,435
RECREATION & PARKS
165,000
123,250
74.70%
(41,750)
125,143
BUILDING INSPECTOR
400,000
40,321
10.08%
(359,679)
106,359
LICENSE, FEE, PERMIT, FINE
135,309
1,654
1.22%
(133,656)
1,958
LIBRARY
0
175
#DIV/0!
175
0
SALE OF EQUIPMENT
1,000
0
0.00%
(1,000)
0
NL RADIO COMM. NETWORK USE FEE
72,000
0
0.00%
(72,000)
0
BULKY WASTE FEES
110,000
10,541
9.58%
(99,459)
10,776
MISCELLANEOUS
27,582
1,849
6.71%
(25,733)
2,169
CONVEYANCE TAX
200,000
27,964
13.98%
(172,036)
33,529
EMS-REG COMM CTR FEES
6,000
0
0.00%
(6,000)
0
PLANNING& ZONING, ZBA, CONSRV COMM
54,183
1,701
3.14%
(52,482)
19,094
TOWN CLERK FEES
175,000
12,247
7.00%
(162,753)
14,408
TIPPING FEES
275,000
0
0.00%
(275,000)
0
RECYCLING
45,000
0
0.00%
(45,000)
0
TRANSFERS FROM OTHER FUNDS
0.00
0
#DIV/0!
0
0
EUGENE O'NEILL GATE/LEASE REVENUE
10,000
0
0.00%
(10,000)
0
YSB BOE CLERICAL STIPEND
5,000
0
0.00%
(5,000)
0
RENTAL OF BUILDINGS
50,000
9,096
18.19%
(40,904)
10,789
SENIOR SERVICES
10,196
3,457
33.91%
(6,739)
1,594
VERSA KART/BLUE BOXES
10,000
900
9.00%
(9,100)
1,080
PUBLIC WORKS BOE CUSTODIAL SUBSIDY
73,218
73,218
100.00%
0
0
SUB TOTAL
4,615,794
470,715
10.20%
(4,145,079)
353,669
TOTAL OTHER SOURCES
4,677,294
470,715
10.06%
(4,206,579)
353,669
PROPERTY TAXATION
CURRENT PROPERTY TAX
95,263,203
64,536,461
67.75%
(30,726,742)
58,242,321
PRIOR YEAR TAXES
476,546
17,668
3.71%
(458,878)
27,657
TOTAL PROPERTY TAXATION
95,739,749
64,554,129
67.43%
(31,185,620)
58,269,978
TOTAL REVENUES
102,073,198
65,191,170
63.87%
(36,882,028)
58,629,251

TOWN OF WATERFORD
CAPITAL PROJECTS FUNDS
JULY 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  JULY 31, 2023
  
Revenues:
   Investment Income
15,391
   Vehicle Rentals
900
Total Revenues
16,291
Expenditures:
   Equipment Replacement
24,375
   Vehicle Replacement
649,860
Total Expenditures
674,235
Excess (Deficiency) of Revenues Over Expenditures
(657,944)
Other Financing Sources (Uses):
   Transfers from other funds
1,000,000
Total Other Financing Sources (Uses)
1,000,000
Net Change in Fund Balances
342,056
Fund Balances - Beginning
3,509,747
Fund Balances - Ending
3,851,803

TOWN OF WATERFORD
CAPITAL IMPROVEMENT FUND
 JULY 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
14,590.00
72,910.00
16.7%
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
219,786.41
30,213.59
87.9%
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
241,694.24
178,305.76
57.5%
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
31124-55913
BLDG MAINT FY24
JORDAN PARKHOUSE REPAIRS      
25,000.00
0.00
25,000.00
32224-55908 5EMERGENCY MANAGEMENT FY24
APCO INTELLICOM GUIDECARD SYST
40,000.00
0.00
40,000.00
32224-55909 5EMERGENCY MANAGEMENT FY24
EVENTIDE NEXLOGDX RECORDER    
88,701.00
0.00
88,701.00
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
19,639.98
60,460.02
24.5%
33022-55883
PUBLIC WORKS FY22
WILLIAM ST CONCRETER SIDEWALK 
42,300.00
9,567.78
32,732.22
22.6%
33022-55884
PUBLIC WORKS FY22
SUMMER STREET/CONCRETE SW     
33,420.00
7,545.98
25,874.02
22.6%
33022-55885
PUBLIC WORKS FY22
DAVID STREET/CONCRETE SW      
43,680.00
9,565.78
34,114.22
21.9%
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
219,300.00
10,720.56
208,579.44
4.9%
Page 1 of 2

TOWN OF WATERFORD
CAPITAL IMPROVEMENT FUND
 JULY 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
0.00
250,000.00
0.0%
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
0.00
272,000.00
0.0%
34724-55910
INFORMATION TECHNOLOGY  FY24
NEXGEN TRANSITION             
309,520.00
302,783.90
6,736.10
97.8%
TOTALS
7,401,064.64
3,583,935.08
3,817,129.56
48.4%
1,000,000.00
PRIOR YEAR EXPENDITURES
669,352.18
CURRENT YEAR EXPENDITURES
2,914,582.90
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 JULY 31,2023
BEGINNING 
FY24 RTM
AVAILABLE 
BALANCE
XFER IN
FISCAL YEAR 2023-2024
ENCUMBERED/
INTEREST 
TO DATE
 
APPROPRIATIONS
DESIGNATED
UNDESIGNATED
DESIGNATED APPROPRIATED DESIGNATEDUNDESIGNATED
EXPENDED
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
$5,727.21
$82,059.15
$0.00
$0.00
20502-48043
JORDAN VILLAGE SIDEWALK GRANT
$0.00
$280,000.00
$0.00
$0.00
$0.00
$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
$33,214.88
$89,517.44
$0.00
$0.00
20511-57879
TOWN HALL BATHROOM REFURBISHMENT
$293,871.35
$0.00
$0.00
$293,871.35
$0.00
$0.00
20522-57794
MOBILE & PORTABLE RADIO REPLACEMENT PROGRAM
$44,991.50
$500,436.00
$0.00
$23,811.75
$21,179.75
$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
$24,100.00
$12,213.33
$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
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 REHA
$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
$43,253.63
$489,592.81
$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 JULY 31,2023
BEGINNING 
FY24 RTM
AVAILABLE 
BALANCE
XFER IN
FISCAL YEAR 2023-2024
ENCUMBERED/
INTEREST 
TO DATE
 
APPROPRIATIONS
DESIGNATED
UNDESIGNATED
DESIGNATED APPROPRIATED DESIGNATEDUNDESIGNATED
EXPENDED
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
20547-57847
TOWN-WIDE CAMERA SYSTEM
$0.00
$85,000.00
$0.00
$0.00
$85,000.00
$0.00
20547-57860
PHONE SYSTEM UPGRADE
$0.00
$16,000.00
$0.00
$0.00
$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
($424,185.00)
$48,009.25
$2,649,617.63
 
$4,105,206.71
$3,121,906.88
$3,025,793.38
$281,250.00
$424,185.00
$0.00
($424,185.00)
$1,392,157.90
$48,009.25
$3,137,233.81
$3,123,156.88
$2,649,617.63
Page 2

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE AND APPROPRIATION
AS OF JULY 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      
$82,059.15
$0.00
$0.00
$82,059.15
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
$89,517.44
$0.00
$0.00
$89,517.44
20511-57879 TOWN HALL BATHROOM REFURBISHMENT
$293,871.35
$0.00
$0.00
$293,871.35
20522-57794 MOBILE & PORTABLE RADIO REPLACEMENT PROGRAM
$21,179.75
$500,436.00
$0.00
$521,615.75
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
$12,213.33
$0.00
$0.00
$12,213.33
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
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
$489,592.81
$100,000.00
$0.00
$589,592.81
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
$0.00
$85,000.00
$0.00
$85,000.00
20547-57860 PHONE SYSTEM UPGRADE
$0.00
$16,000.00
$0.00
$16,000.00
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
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
Page 1

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE AND APPROPRIATION
AS OF JULY 31, 2023
APPROPRIATED
DESIGNATED
UNDESIGNATED
TOTAL 
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
$2,649,617.63
$2,649,617.63
TOTAL
$3,137,233.81
$3,403,156.88
$2,649,617.63
$9,190,008.32
 
Page 2

Insurance 
Administration Fund
Balance Sheet
July 31, 2023
Assets
   Cash and Cash Equivalents
5,186,531
   Accounts Receivable
4,784
   Due From Other Funds
373,513
Total Assets
5,564,828
Liabilities
   Accrued Liabilities (IBNR)
1,007,370
   Advance Payments
28,261
Total Liabilities
1,035,631
Net Assets
   Unrestricted
$4,529,197
Total Net Assets
$
$4,529,197
Note: Healthcare entry for FY24 is not posted yet