July 2025 Financial Reports

Contributed Gifts Fund
July 31, 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 2026
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
DONATIONS
A/V UPGRADE
TRAINING  CHALLENGE
 PROGRAM
DONATIONS
 DOCK
TOTAL
REVENUES
REC & PARKS MEMORIAL TREES & BENCHES 
DONATIONS
$785.00
POLICE DEPT. GENERAL DONATIONS
$250.00
TOTAL REVENUES
$0.00
$0.00
$785.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$250.00
$0.00
$1,035.00
EXPENDITURES
07/26/2025 U.S. BANK
$151.00
07/26/2025 U.S. BANK
$37.99
07/26/2025 U.S. BANK
$296.90
TOTAL EXPENDITURES
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$151.00
$0.00
$0.00
$37.99
$296.90
$0.00
$485.89
NET CURRENT YEAR ACTIVITY
$0.00
$0.00
$785.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
($151.00)
$0.00
$0.00
($37.99)
($46.90)
$0.00
$549.11
PRIOR YEAR BALANCE
$594.72
$129.60
($73.61)
$65.00
$987.97
$71,486.32
$1,140.00
$220.00
$2,910.00
$100.00
$2,440.00
$151.00
$1,700.00
$780.11
$9,427.35
$13,700.20
$7.04
$105,765.70
CURRENT YEAR BALANCE
$594.72
$129.60
$711.39
$65.00
$987.97
$71,486.32
$1,140.00
$220.00
$2,910.00
$100.00
$2,440.00
$0.00
$1,700.00
$780.11
$9,389.36
$13,653.30
$7.04
$106,314.81
Page 1 of 1

GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED TO BUDGET
FOR FISCAL YEAR 2025-2025, THROUGH JULY 31, 2025
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2024-2025, THROUGH  JULY 31, 2024
FISCAL YEAR 2026
VARIANCE
FISCAL YEAR
FISCAL YEAR 2026
FISCAL YEAR 2026
FAVORABLE
2024-2025
APPROPRIATED
ACTUAL
(UNFAVORABLE)
ACTUAL
GENERAL GOVERNMENT
Board of Selectmen
206,402
$12,553
193,849
$12,214
Registrar of Voters
121,255
$6,324
114,931
$7,763
Board of Finance
83,608
$79,990
3,618
$77,037
Assessor
319,641
$17,085
302,556
$17,745
Board of Assessment Appeals
1,829
$0
1,829
$2
Tax Collector
227,817
$42,640
185,177
$40,771
Finance Department
784,326
$164,232
620,094
$153,695
Legal Department
295,000
($2,267)
297,267
($454)
Town Clerk
272,301
$12,816
259,485
$39,426
Planning and Zoning
695,016
$34,688
660,328
$43,394
Building Maintenance
1,020,000
$218,038
801,962
$319,450
Insurance
5,604,561
$1,365,475
4,239,086
$1,763,093
Economic Development Commission
25,352
$9,207
16,145
$9,428
Conservation Commission
18,250
$9,755
8,495
$1,219
Zoning Board of Appeals
4,310
2,960
1,350
2,960
Retirement Commission
7,200,257
$1,775,381
5,424,876
$1,989,602
R.T.M.
17,403
$12,852
4,551
$12,852
Building Department
321,515
$17,544
303,971
$19,394
Youth Service Bureau
307,435
$19,803
287,632
$17,677
Social Service Grants/Miscellaneous
101,481
$99,580
1,901
$89,759
Contingency Fund
265,000
0
265,000
0
Emergency Management
1,230,035
$64,838
1,165,197
$81,421
Fire Services
3,958,130
$270,414
3,687,716
$1,103,401
Police Department
7,115,097
$400,217
6,714,880
$469,522
Public Works Department
5,154,902
$1,673,418
3,481,484
$1,648,954
Conservation of Health
155,063
155,063
0
0
Public Health Nursing
21,600
0
21,600
26,297
Page 1 of 2

GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED TO BUDGET
FOR FISCAL YEAR 2025-2025, THROUGH JULY 31, 2025
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2024-2025, THROUGH  JULY 31, 2024
FISCAL YEAR 2026
VARIANCE
FISCAL YEAR
FISCAL YEAR 2026
FISCAL YEAR 2026
FAVORABLE
2024-2025
APPROPRIATED
ACTUAL
(UNFAVORABLE)
ACTUAL
Senior Citizens Commission
523,586
30,343
493,243
27,166
Waterford Public Library
1,012,780
$58,146
954,634
$65,409
Recreation and Parks
1,535,328
$158,552
1,376,776
$187,797
Flood and Erosion Control Bd.
1,109
0
1,109
0
Ethics Commission
900
34
866
65
Human Resources
244,204
$10,969
233,235
$95,664
Information Technology
1,214,796
$650,274
564,522
$300,534
Transfer to Waterford Special Activity Fund
0
$4,750
(4,750)
$4,750
Transfer to Waterford Shellfish Fund
2,029
$2,029
0
$1,290
Transfer to Capital Improvement Fund
1,101,089
$1,101,089
0
$1,312,527
Transfer to Capital & Non-Recurring Fund
773,264
$773,264
0
$938,399
Transfer to Dog Fund
100,000
$100,000
0
$100,000
Debt Service
7,964,500
$2,279,700
5,684,800
$2,328,200
Total General Government
$50,001,171
$11,631,756
$38,369,415
$13,308,424
Board of Education
59,828,308
$2,028,383
57,799,925
$3,412,560
Total General Fund
$109,829,479
$13,660,139
$96,169,340
$16,720,984
Page 2 of 2

TOWN OF WATERFORD
STATEMENT OF REVENUES COMPARED TO ANTICIPATED
FOR FISCAL YEAR 2025-2025, THROUGH JULY 31, 2025
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2024-2025, THROUGH  JULY 31, 2024
 
FAVORABLE
FISCAL
(UNFAVORABLE)
FISCAL
FISCAL
YEAR
FISCAL
FISCAL
YEAR
YEAR
2025-2026
YEAR
YEAR
2025-2026
2025-2026
PERCENT 2025-2026
2024-2025
BUDGET
ACTUAL
RECEIVED VARIANCE
ACTUAL
STATE OF CONNECTICUT
EDUCATION
EQUALIZED COST SHARING
$326,617
$0
0.00%
(326,617)
$0
HEALTH & WELFARE
$6,359
$0
0.00%
(6,359)
$0
SUB TOTAL
332,976
0
0.00%
(332,976)
0
GENERAL GOVERNMENT
PILOT-DISABLED
1,200
0
0.00%
(1,200)
$0
TIERED PILOT 
367,422
0
0.00%
(367,422)
$0
TAX RELIEF-VETERANS
5,000
0
0.00%
(5,000)
$0
CIVIL PREPAREDNESS
35,444
0
0.00%
(35,444)
$0
TELECOMMUNICATIONS PROPERTY TAX
58,071
0
0.00%
(58,071)
$0
TOWN AID ROADS-IMPROVED
321,360
0
0.00%
(321,360)
$160,680
LOCAL CAPITAL IMPROVEMENT (LOCIP)
177,241
0
0.00%
(177,241)
$0
SDE STATE GRANT
14,103
0
0.00%
(14,103)
$0
ENHANCEMENT 911
23,000
5,642
24.53%
(17,358)
$5,649
MUNICIPAL REVENUE SHARE GRANT
315,978
0
0.00%
(315,978)
$0
GRANTS FOR MUNICIPAL PROJECTS
34,255
0
0.00%
(34,255)
$0
TOTAL GENERAL GOVERNMENT
1,353,074
5,642
0.42%
(1,347,432)
166,329
TOTAL STATE OF CONNECTICUT
1,686,050
5,642
0.33%
(1,680,408)
166,329
OTHER SOURCES
EDUCATION
TUITION
57,585
0
0.00%
(57,585)
0
RENT & MISCELLANEOUS
1,500
0
0.00%
(1,500)
0
SUB TOTAL
59,085
0
0.00%
(59,085)
0
GENERAL GOVERNMENT
INTEREST & LIENS
413,060
20,326
4.92%
(392,734)
29,515
INTEREST ON INVESTMENTS
2,000,000
79,158
3.96%
(1,920,842)
177,910
RECREATION & PARKS
150,000
133,876
89.25%
(16,124)
74,059
FIRE SERVICES INSPECTIONS & PLAN FEES
8,875
300
3.38%
(8,575)
3,620
BUILDING INSPECTOR
589,155
28,738
4.88%
(560,417)
55,618
LICENSE, FEE, PERMIT, FINE
73,566
1,619
2.20%
(71,947)
1,508
LIBRARY
1,598
136
8.49%
(1,462)
135

TOWN OF WATERFORD
STATEMENT OF REVENUES COMPARED TO ANTICIPATED
FOR FISCAL YEAR 2025-2025, THROUGH JULY 31, 2025
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2024-2025, THROUGH  JULY 31, 2024
 
FAVORABLE
FISCAL
(UNFAVORABLE)
FISCAL
FISCAL
YEAR
FISCAL
FISCAL
YEAR
YEAR
2025-2026
YEAR
YEAR
2025-2026
2025-2026
PERCENT 2025-2026
2024-2025
BUDGET
ACTUAL
RECEIVED VARIANCE
ACTUAL
SALE OF EQUIPMENT
1,000
0
0.00%
(1,000)
0
SCRRRA REBATE
1,500
0
0.00%
(1,500)
0
NL RADIO COMM. NETWORK USE FEE
85,000
0
0.00%
(85,000)
0
BULKY WASTE FEES
112,000
10,818
9.66%
(101,182)
12,264
MISCELLANEOUS
26,572
2,847
10.71%
(23,725)
1,972
CONVEYANCE TAX
225,000
53,315
23.70%
(171,686)
37,764
EMS-REG COMM CTR FEES
6,000
0
0.00%
(6,000)
0
PLANNING& ZONING, ZBA, CONSRV COMM
55,121
2,990
5.42%
(52,131)
3,376
TOWN CLERK FEES
175,000
16,445
9.40%
(158,555)
13,647
TIPPING FEES
275,000
0
0.00%
(275,000)
0
RECYCLING
50,000
0
0.00%
(50,000)
0
EUGENE O'NEILL GATE/LEASE REVENUE
22,000
0
0.00%
(22,000)
0
YSB BOE CLERICAL STIPEND
5,000
0
0.00%
(5,000)
0
RENTAL OF BUILDINGS
50,000
10,167
20.33%
(39,833)
9,779
SENIOR SERVICES
15,552
449
2.89%
(15,103)
4,563
VERSA KART/BLUE BOXES
8,000
850
10.63%
(7,150)
750
BOE SCHOOL RESOURCE OFFICERS
90,000
0
0.00%
(90,000)
0
PUBLIC WORKS BOE CUSTODIAL SUBSIDY
78,357
0
0.00%
(78,357)
75,927
SUB TOTAL
4,517,356
362,034
8.01%
(4,155,322)
502,407
TOTAL OTHER SOURCES
4,576,441
362,034
7.91%
(4,214,407)
502,407
PROPERTY TAXATION
CURRENT PROPERTY TAX
103,023,460
73,656,086
71.49%
(29,367,375) 65,461,654
PRIOR YEAR TAXES
543,528
91,206
16.78%
(452,322)
12,856
TOTAL PROPERTY TAXATION
103,566,988
73,747,291
71.21%
(29,819,697) 65,474,510
TOTAL REVENUES
109,829,479
74,114,967
67.48%
(35,714,512) 66,143,246

TOWN OF WATERFORD
CAPITAL PROJECTS FUNDS
JULY 31, 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  JULY 31, 2025
  
Revenues:
   Investment Income
11,057
   Vehicle Rentals
2,400
Total Revenues
13,457
Expenditures:
   Equipment Replacement
182,882
   Vehicle Replacement
1,140,856
Total Expenditures
1,323,739
Excess (Deficiency) of Revenues Over Expenditures
(1,310,282)
Other Financing Sources (Uses):
   Transfers from other funds
1,000,000
Total Other Financing Sources (Uses)
1,000,000
Net Change in Fund Balances
(310,282)
Fund Balances - Beginning
2,649,340
Fund Balances - Ending
2,339,058

TOWN OF WATERFORD
CAPITAL IMPROVEMENT FUND
JULY 31, 2025
EXPENDED/
PERCENT
TRANSFERS
ACCOUNT 
DEPT/YEAR
DESCRIPTION
APPROPRIATED
ENCUMBERED
BALANCE
EXPENDED
OUT
30126-55738
BOS FY26
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
4,639.00
76,061.00
5.7%
31122-55819
BLDG MAINT FY22
UST REPLACEMENT               
250,000.00
250,010.00
(10.00)
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%
31124-55912
BLDG MAINT FY24
TOWN DOCK REPLACEMENT         
40,000.00
25,000.00
15,000.00
62.5%
31124-55913
BLDG MAINT FY24
JORDAN PARKHOUSE REPAIRS      
31,583.00
29,402.24
2,180.76
93.1%
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
89,471.59
63,528.41
58.5%
32224-55908
EMERGENCY MANAGEMENT FY24
APCO INTELLICOM GUIDECARD SYST
40,000.00
20,000.00
20,000.00
50.0%
32224-55909
EMERGENCY MANAGEMENT FY24
EVENTIDE NEXLOGDX RECORDER    
88,701.00
0.00
88,701.00
0.0%
32325-55916
FIRE SERVICES FY25
COHANZIE SKYLIGHT REPLACEMENT 
30,000.00
27,100.00
2,900.00
90.3%
32326-55923
FIRE SERVICES FY26
COHANZIE AIR CONDITIONING     
15,000.00
0.00
15,000.00
0.0%
32926-55924
POLICE DEPT FY26
MARINE UNIT UPDATES           
31,089.00
15,329.74
15,759.26
49.3%
33023-55890
PUBLIC WORKS FY23
ROAD RESURFACING EVERSOURCE AF
315,951.00
(449,026.83)
764,977.83
-142.1%
33025-55920
PUBLIC WORKS FY25
NIANTIC RIVER ROAD SIDEWALK RE
25,000.00
15,000.00
10,000.00
60.0%
33026-55925
PUBLIC WORKS FY26
ROAD RISK ASSESSMENT          
55,000.00
0.00
55,000.00
0.0%
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
33,280.52
16,719.48
66.6%
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
7,200.00
3,300.00
68.6%
34723-55021
INFORMATION TECHNOLOGY  FY23 AUDITORIUM MEETING ROOM UPDATES
272,000.00
207,641.54
64,358.46
76.3%
TOTALS
5,639,902.00
3,701,348.85
1,938,553.15
65.6%
1,000,000.00
PRIOR YEAR EXPENDITURES
2,393,747.77
CURRENT YEAR EXPENDITURES
1,307,601.08
Page 1 of 1

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE AND APPROPRIATION
AS OF JULY 31, 2025
APPROPRIATED
DESIGNATED
UNDESIGNATED
TOTAL 
20501-57639 REVALUATION
$0.00
$657,700.00
$0.00
$657,700.00
20510-57897 28 INDUSTRIAL DRIVE IMPROVEMENTS
$85,000.00
$0.00
$0.00
$85,000.00
20511-57740 COHANZIE SCHOOL REMEDIATION &
$0.00
$40,000.00
$0.00
$40,000.00
20511-57767 NEVINS COTTAGE REPAIRS
$32,513.89
$0.00
$0.00
$32,513.89
20511-57840 PLAN OF CONSERVATION DEVELOPMENT
$10,914.86
$0.00
$0.00
$10,914.86
20511-57870 MAGO POINT IMPROVEMENTS       
($27,888.69)
$0.00
$0.00
($27,888.69)
20511-57871 PUBLIC SAFETY BLDG  HVAC      
($48,000.00)
$0.00
$0.00
($48,000.00)
20511-57872 ROOF & HVAC REPLACEMENT PUBLIC SAFETY BUILDING
$52,769.20
$0.00
$0.00
$52,769.20
20511-57879 TOWN HALL BATHROOM REFURBISHMENT
$2,581.60
$0.00
$0.00
$2,581.60
20511-57889 PUBLIC SAFETY COMPLEX HVAC    
$0.00
$100,000.00
$0.00
$100,000.00
20522-57794 MOBILE & PORTABLE RADIO REPLACEMENT PROGRAM
$21,510.50
$3,683.00
$0.00
$25,193.50
20523-57777 FIRE SERVICES -SCBA UPGRADE PROGRAM
$4,168.56
$50,000.00
$0.00
$54,168.56
20523-57791 JORDAN-TRAFFIC LIGHT UPGRADE
$0.00
$0.00
$0.00
$0.00
20523-57792 OSWEGATCHIE-BUILDING RENOVATIONS
$265,097.97
$0.00
$0.00
$265,097.97
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)
20529-57871 POLICE DEPT BLDG  HVAC        
$0.00
$25,000.00
$0.00
$25,000.00
20530-57696 MUNICIPAL COMPLEX CLEAN UP
$4,370.23
$0.00
$0.00
$4,370.23
20530-57880 MAJOR/MINOR COLLECTOR ROAD PAVING
$98,792.61
$0.00
$0.00
$98,792.61
20530-57886 OLD NORWICH ROAD PAVING
$1,053,000.00
$0.00
$0.00
$1,053,000.00
20531-57685 I/I MITIGATION & CONTROL
$228,365.56
$0.00
$0.00
$228,365.56
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
$202,887.81
$200,000.00
$0.00
$402,887.81
20531-57895 CROSS COUNTRY SEWER MAIN ACCES
$0.00
$200,000.00
$0.00
$200,000.00
20531-57896 WATER TANK MANAGEMENT         
$0.00
$46,222.00
$0.00
$46,222.00
20531-57898 BARTLETT CORNER WATER BOOSTER 
$0.00
$166,950.00
$0.00
$166,950.00
20536-57848 LIBRARY HVAC UPGRADE          
($157,578.76)
$0.00
$0.00
($157,578.76)
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
20537-57798 CHILDREN'S PLAYGROUNG-CIVIC TR
$0.00
$25,000.00
$0.00
$25,000.00
20537-57878 REPAIR OF PLEASURE BEACH SIDEWALK/PATH
$0.00
$145,000.00
$0.00
$145,000.00
20547-57775 VIRTUAL SERVER REPLACEMENT    
$0.00
$88,500.00
$0.00
$88,500.00
20547-57861 SWITCHES
$0.00
$2,258.00
$0.00
$2,258.00
20547-57882 COMPUTER REPLACEMENTS
$0.65
$74,925.00
$0.00
$74,925.65
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 JULY 31, 2025
APPROPRIATED
DESIGNATED
UNDESIGNATED
TOTAL 
20560-57822 IT LEARNING BOARDS -END OF LIFE
$6.10
$27,319.88
$0.00
$27,325.98
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
$81,109.40
$0.00
$0.00
$81,109.40
20560-57883 FINANCING ENERGY EFFICIENT EQUIPMENT
$243,335.00
$0.00
$0.00
$243,335.00
20560-57884 CHROMEBOOK & IPAD EQUIPMENT
$197,608.00
$0.00
$0.00
$197,608.00
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
$895,184.49
$895,184.49
TOTAL
$1,646,977.25
$2,519,155.88
$895,184.49
$5,061,317.62
 
Page 2

TOWN OF WATERFORD
CAPITAL AND NON-RECURRING EXPENDITURE FUND
FUND BALANCE DESIGNATION AND APPROPRIATION
JULY 1,2024 TO JUNE 30,2025
AS OF JULY 31,2025
BEGINNING 
FY26 RTM
CLOSED
AVAILABLE 
BALANCE
XFER IN
FISCAL YEAR 2025-2026
ENCUMBERED/ BAL (REVERTS
INTEREST 
OTHER 
TO DATE
 
APPROPRIATIONS
DESIGNATED
UNDESIGNATED
DESIGNATED APPROPRIATED
DESIGNATED UNDESIGNATED
EXPENDED
TO FUND)
INC
REVENUES
APPROPRIATED
DESIGNATED UNDESIGNATED
0.00
0.00
20501-57639
REVALUATION
$0.00
$532,700.00
$0.00
$125,000.00
$0.00
$657,700.00
$0.00
20510-57897
28 INDUSTRIAL DRIVE IMPROVEMENTS
$85,000.00
$0.00
$0.00
$85,000.00
$0.00
$0.00
20511-57740
COHANZIE SCHOOL REMEDIATION &
$0.00
$40,000.00
$0.00
$0.00
$40,000.00
$0.00
20511-57767
NEVINS COTTAGE REPAIRS
$32,513.89
$0.00
$0.00
$32,513.89
$0.00
$0.00
20511-57840
PLAN OF CONSERVATION DEVELOPMENT
$10,914.86
$0.00
$0.00
$10,914.86
$0.00
$0.00
20511-57870
MAGO POINT IMPROVEMENTS       
$36,347.34
$0.00
$0.00
$64,236.03
($27,888.69)
$0.00
$0.00
20511-57871
PUBLIC SAFETY BLDG  HVAC      
$0.00
$0.00
$0.00
$48,000.00
($48,000.00)
$0.00
$0.00
20511-57872
ROOF & HVAC REPLACEMENT PUBLIC SAFETY BUILDING
$52,769.20
$0.00
$0.00
$52,769.20
$0.00
$0.00
20511-57879
TOWN HALL BATHROOM REFURBISHMENT
$8,026.89
$0.00
$0.00
$5,445.29
$2,581.60
$0.00
$0.00
20511-57889
PUBLIC SAFETY COMPLEX HVAC    
$0.00
$100,000.00
$0.00
$0.00
$100,000.00
$0.00
20522-57794
MOBILE & PORTABLE RADIO REPLACEMENT PROGRAM
$21,510.50
$3,683.00
$0.00
$21,510.50
$3,683.00
$0.00
20523-57777
FIRE SERVICES -SCBA UPGRADE PROGRAM
$4,168.56
$0.00
$0.00
$50,000.00
$4,168.56
$50,000.00
$0.00
20523-57791
JORDAN-TRAFFIC LIGHT UPGRADE
$35,460.00
$0.00
$0.00
$35,460.00
$0.00
$0.00
$0.00
20523-57792
OSWEGATCHIE-BUILDING RENOVATIONS
$304,097.97
$0.00
$0.00
$39,000.00
$265,097.97
$0.00
$0.00
20523-57836
FIRE SERVICES CARPET REPLACEMENT
$0.00
$30,000.00
$0.00
$0.00
$30,000.00
$0.00
20523-57888
GOSHEN ROOF REPLACEMENT       
$0.00
$60,000.00
$0.00
$0.00
$60,000.00
$0.00
20530-57695
MUNICIPAL COMPLEX RENOVATION
$326,502.39
$6,100,833.00
$0.00
$9,414.58
$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
20529-57871
POLICE DEPT BLDG  HVAC        
$0.00
$0.00
$0.00
$25,000.00
$0.00
$25,000.00
$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
$223,392.42
$0.00
$0.00
$124,599.81
$98,792.61
$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
$235,865.56
$0.00
$0.00
$7,500.00
$228,365.56
$0.00
$0.00
20531-57816
OLD NORWICH/EVERGREEN/HARVEY AVE PUMP STATION REHA
$1,259,606.68
$0.00
$0.00
$1,099,010.77
$160,595.91
$0.00
$0.00
20531-57881
PLASTIC WATER SERVICE LINE REPLACEMENT
$411,454.08
$200,000.00
$0.00
$208,566.27
$202,887.81
$200,000.00
$0.00
20531-57890
WEIMES & MARILYN EJECTOR REPLACEMENT
$8,047.17
$0.00
$0.00
$8,047.17
$0.00
$0.00
$0.00
20531-57895
CROSS COUNTRY SEWER MAIN ACCES
$0.00
$0.00
$0.00
$200,000.00
$0.00
$200,000.00
$0.00
20531-57896
WATER TANK MANAGEMENT         
$0.00
$0.00
$0.00
$46,222.00
$0.00
$46,222.00
$0.00
20531-57898
BARTLETT CORNER WATER BOOSTER 
$0.00
$0.00
$0.00
$166,950.00
$0.00
$166,950.00
$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 JULY 31,2025
BEGINNING 
FY26 RTM
CLOSED
AVAILABLE 
BALANCE
XFER IN
FISCAL YEAR 2025-2026
ENCUMBERED/ BAL (REVERTS
INTEREST 
OTHER 
TO DATE
 
APPROPRIATIONS
DESIGNATED
UNDESIGNATED
DESIGNATED APPROPRIATED
DESIGNATED UNDESIGNATED
EXPENDED
TO FUND)
INC
REVENUES
APPROPRIATED
DESIGNATED UNDESIGNATED
0.00
0.00
20536-57848
LIBRARY HVAC UPGRADE          
$1,425,212.24
$0.00
$0.00
$1,582,791.00
($157,578.76)
$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
20537-57798
CHILDREN'S PLAYGROUNG-CIVIC TR
$0.00
$0.00
$0.00
$25,000.00
$0.00
$25,000.00
$0.00
20537-57878
REPAIR OF PLEASURE BEACH SIDEWALK/PATH
$0.00
$145,000.00
$0.00
$0.00
$145,000.00
$0.00
20547-57775
VIRTUAL SERVER REPLACEMENT    
$0.00
$0.00
$0.00
$88,500.00
$0.00
$88,500.00
$0.00
20547-57861
SWITCHES
$0.00
$2,258.00
$0.00
$0.00
$2,258.00
$0.00
20547-57882
COMPUTER REPLACEMENTS
$0.65
$28,333.00
$0.00
$46,592.00
$0.65
$74,925.00
$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
$466,600.00
$53,000.00
$0.00
$466,600.00
$0.00
$53,000.00
$0.00
20560-57822
IT LEARNING BOARDS -END OF LIFE
$6.10
$27,319.88
$0.00
$6.10
$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
$856,601.25
$104,200.00
$0.00
$856,601.25
$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
$662,920.18
$0.00
$0.00
$581,810.78
$81,109.40
$0.00
$0.00
20560-57883
FINANCING ENERGY EFFICIENT EQUIPMENT
$243,335.00
$0.00
$0.00
$243,335.00
$0.00
$0.00
20560-57884
CHROMEBOOK & IPAD EQUIPMENT
$197,608.00
$0.00
$0.00
$197,608.00
$0.00
$0.00
20560-57892
HVAC EVALUATION/REMIDATION    
$0.00
$85,000.00
$0.00
$0.00
$85,000.00
$0.00
20560-57893
GREAT NECK SCHOOL FIELD DRAINAGE
$0.00
$278,750.00
$0.00
$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
$851,970.58
$43,213.91
$0.00
$0.00
$895,184.49
 
$7,643,605.20
$1,745,891.88
$851,970.58
$773,264.00
$0.00
$0.00
$0.00
$5,996,627.95
$0.00
$43,213.91
$0.00
$1,646,977.25
$2,519,155.88
$895,184.49
Page 2

Insurance 
Administration Fund
Balance Sheet
July 31, 2025
Assets
   Cash and Cash Equivalents
3,494,999
   Due From Other Funds
476,073
Total Assets
3,971,072
Liabilities
   Accrued Liabilities (IBNR)
864,000
   Advance Payments
20,258
Total Liabilities
884,258
Net Assets
   Unrestricted
$3,086,815
Total Net Assets
$
$3,086,815
Note: IBNR is not adjusted for FY25 yet/July billing was posted in August
$0.00