Board of Selectmen - 444 (02/02/2021)

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Board/CommissionBoard of Selectmen
Meeting DateFebruary 02, 2021
Pages30
File Size3.5 MB
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BOARD OF FINANCE
FISCAL YEAR 2022 BUDGET
Town of Waterford
BUDGET FUNCTION
“THE BOARD OF FINANCE HAS THE RESPONSIBILITIES AS ESTABLISHED BY WATERFORD ORDINANCE 3.3 (BOARD OF
EDUCATION).
“THE BOARD OF FINANCE SHALL PREPARE THE TOWN BUDGET AND LAY THE TAXES IN ACCORDANCE WITH
SECTION 7-344 OF THE GENERAL STATUTES. THE BOARD MAY APPORTION TAXES BETWEEN YEARS IN
ACCORDANCE WITH SECTION 7-346 OF THE GENERAL STATUTES. THE BOARD MAY TRANSFER UNEXPENDED
BALANCES IN ACCORDANCE WITH SECTION 7-347 OF THE GENERAL STATUTES. THE BOARD MAY APPROVE SPECIAL
APPROPRIATIONS IN ACCORDANCE WITH SECTION 7-348 OF THE GENERAL STATUTES. THE BOARD SHALL
PRESCRIBE THE METHOD BY WHICH, AND THE PLACE WHERE, ALL RECORDS AND BOOKS OF ACCOUNTS OF THE
TOWN OR OF ANY DEPARTMENT OR SUBDIVISION THEREOF SHALL BE KEPT. THE BOARD SHALL ARRANGE FOR THE
ANNUAL AUDIT AS REQUIRED UNDER CHAPTER 111 OF THE GENERAL STATUTES. THE BOARD OF FINANCE SHALL
PUBLISH AN ANNUAL REPORT AS SET FORTH IN SECTION 7-406 OF THE GENERAL STATUTES.
THE BOARD OF FINANCE SHALL HAVE ALL OTHER POWERS AND DUTIES AS BESTOWED BY THE GENERAL
STATUTES.”

Board of Finance
Fiscal Year 2022
Town of Waterford
FY2022 BUDGET SUMMARY
PERSONNEL COSTS
Personnel costs cover the board’s clerical support. The FY22 budget request is decreased by 11.66%
because of changes in personnel and changes in the 5-year averages for number of meetings and
total hours needed to record the board’s minutes and actions.
Previous budgets budgeted for an additional employee to support the Board of Finance. Now, this
support is received through the Town’s finance department fiscal assistant which has decreased the
clerical line in the budget.
SERVICES
The FY22 budget request reflects no change from FY21.
MATERIALS & SUPPLIES
The FY22 budget request includes funds for new member signs.

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TOWN OF WATERFORD
ADVERTISING - FINANCE DEPARTMENT
2021/2022 FISCAL YEAR
LINE |
ACCOUNT NAME.
2019/2020
123172020
PROPOSED
2021/2022
52010 ADVERTISING
1,330
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ACCOUNT JUSTIFICATION
Legal notices for Public Hearing and printing of Proposed Budget in newspaper as required by Charter.

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TOWN OF WATERFORD
OFFICE SUPPLIES - BOARD OF FINANCE
2021/2022 FISCAL YEAR
ACCOUNTNAME
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|
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|
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-
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Miscellaneous office supplies, such as name plates for new board members, not purchased through the consumable supplies line item in
Finance.
Budget includes funds for 4 new signs @ $15/each.

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Complete the information below and return to The Day
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The Groton Times, The Lyme Times,
The Moniville Times, The Mystic Times,
The New London Times, The Stonington Times,
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Shore Publishing Weeklies
East Haven Gourier, North Haven
Courier, Guilford Courier, Harbor News,
The Sound, The Source, Valley Courier
Tearsheets are available online at ts.theday.com
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Card Number 
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PUBLICATION
Abbreviation 
Publication Title 
Abbreviation 
Publication Title
ASP 
Aspire 
MSR 
Managed Services
CCE 
Community Classified East 
MVT 
The Montville Times
CCW 
Community Classified West 
MYT 
The Mystic Times
CTF 
Connecticut Family 
NHC 
North Haven Courier
DAY 
The Day 
NUT 
The New London Times
DWB 
Digital Banners 
OSG TT" 2 Old Saybrook Guide
EHC 
East Haven Courier 
PRO —_—__.._ Digital Contest
EML 
Email Advertising 
SCM 
———_—s 
Sound. and Country Magazine
GOW 
Go Westerly Magazine 
‘SGC 
~~ '~’Guilford Courier 
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GRT 
The Groton Times 
SHN "7" “Hatbor News 
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Monster 
SND-- 
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IMAG 
Digital Magazine 
SRC.-~.-.~---. The Source
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STT-- 
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LGY 
Legacy 
SVC 
Valley Courier
LYT 
The Lyme Times 
TRT 
The Thames River Times
MCM 
Mystic Country Magazine 
WFT 
The Waterford Times

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LEGAL DEPARTMENT" “=,
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BUILDING MAINTENANCE’
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ECONOMIC DEVELOPMENT:
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6,771 
|. 
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691,347 
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PUBLICATION
Abbreviation 
Publication Title 
Abbreviation 
Publication Title
ASP 
Aspire 
MSR 
Managed Services
CCE 
- 
Community Classified East 
MVT 
The Montville Times
CCW 
Community Classified West 
MYT 
The Mystic Times
CTF 
Connecticut Family 
NHC 
North Haven Courier
DAY 
The Day 
NLT 
The New London Times
( 
: 
DWB 
Digital Banners 
OSG 
Old Saybrook Guide
Nee 
EHC 
East Haven Courier 
PRO 
Digital Contest
EML 
Email Advertising 
: 
SCM 
_ 
Sound and Country Magazine
GOW 
Go Westerly Magazine 
SGC 
Guilford Courier
GRT 
The Groton Times 
SHN. 
Harbor News
HTJ 
Monster 
SND 
The Sound
IMAG 
Digital Magazine 
SRC 
The Source
IMS 
- 
- 
Digital Agency- 
- 
-—- 
STT 
The Stonington Times
LGY 
Legacy 
SVC 
Valley Courier
LYT 
The Lyme Times 
TRT 
The Thames River Times
MCM 
Mystic Country Magazine 
WEFT 
The Waterford Times
Times Group 
Shore Publishing Weeklies
The Groton Times, The Lyme Times, 
East Haven Courier, North Haven
The Montville Times, The Mystic Times, 
Courier, Guilford Courier, Harbor News,
The New London Times, The Stonington Times, 
The Sound, The Source, Valley Courier
The Thames River Times, The Waterford Times
Tearsheets are available online at ts.theday.com
Contact your account executive for log in and password information.
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PUBLISHER'S CERTIFICATE
State of Connecticut
County of New London, ss. New Llondon
Personally appeared before the undersigned, a Notary
Public within and for said County and State, Michelle
Savona, Legal Advertising Clerk, of The Day Publishing
Company Classifieds dept, a newspaper published at New
London, County of New London, s ate of Connecticut who
being duly sworn, states on oath, that the Order of Notice in
the case of 
'
859764 Town of Waterford Public Notice
Board of Finance Pu 
'
A true copy of which is hereunto an nexed, was
published in said newspaper in its issue(s) of
03/14/2020 
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Tour of Watrtrd :
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Public 
Notice 
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Cust: WATERFORD - TOWN OFIFINANC 
a sta Pee |
Ad#: d00859764 
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Hall Auditorium to discuss |
annual town bu 
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following to take action on}
annual town budgets for
t 
~ fiscal year 2020-2021.
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This Friday, March 20, 2020 
,
Notary Public
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we PRA

Order Number: 400859764
Gail Miller
WATERFORD - TOWN OF/FINA
N/A
WATERFORD, CT 06385
860-440-0562
Title: The Day | Class: Public Notices
Start date: 3/14/2020 | Stop date: 3/14,
Insertions: | | Lines: 0 ag
47 Eugene O'Neill Drive
New London, CT 06320
860-442-2200
www.theday.com
Classified Advertising Proof
NCE DEPARTMENT
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020 |
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ho
Titles Day Website | Class: Public Notices 
010
Start date: 3/14/2020 | Stop date: 3/4/2020 |
Insertions: { | Lines: 0 ag
A preview of your ad will appear betwe:
|
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en the two solid lines.
Town of Waterford
Public Notice
Board of Finance Public
Hearing to be held 
on Mon-
day, March 23, 2020-at 7:00
pm. In Waterford Town
Hall Auditorium to discuss
annual town budgets for
fiseal year 2020-2021. Spe-
clal_ meeting immediately
following to take action on
annual town budgets for
fiscal year 2020-202L
859764
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x: 860-442-5443

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rrr ehed
Anna Scanlon
47 Eugene O’Neill Drive
New London, CT 06320
860-442-2200
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Classified Advertising Proof
WATERFORD - TOWN OF/FINANCE DEPARTMENT
N/A
WATERFORD, CT 06385
860-440-0562
Start dates 3/25
Tittes The Day | Class; Public No} a 
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Insertions: | I
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Title: Day Wek.
Start date: 3/2) Ui Cat
Insertions: 1] 1,
1, 4g
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27862
Town of Waterford
Public Notice
Board of Finance Public
Hearing 
to be held on Mon-
day, March 25, 2019 at 7:00
p.m. in Waterford Town
Hall Auditorium to discuss
annual town budgets for
fiscal year 2019-2020, Spe-
dal meeting Immediately
following to take action on
annyal town budgets for
fiscal year 2019-2020,
Total Order Price: $58.10
Please call your ad representa
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tive by 3PM today with any ad changes.
Printed on: 3/15/2019
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, 
Town of Waterford
\ 
Public Notice
Board of Finance Public Hearing to be held on Monday, March 23, 2020 at 7:00 p.m. in Waterford Town
Hall Auditorium to discuss annual|town budgets for fiscal year 2020-2021. Special meeting immediately
following to take action on annual town budgets for fiscal year 2020-2021.

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blumshapiro
accounting + tax - advisory
July 7, 2020
Kim Allen 
- 
.
Town of Waterford
15 Rope Ferry Road
Waterford, CT 06385
FY9
Tel: 860.561.4000
Fax: 860,521.9241
blumshapiro.com
29 South Main Street
P.O, Box 272000
West Hartford, CT 06127-2000
Terms: Due upon receipt
730195
Invoice: 
45136082
For professional services rendered i in connection with:
Progress Billing #1 - June 30, 2020 Audit 
“i
Total Services
Total Current Charges |
RS Mab Pa i
Inv% 7630195 451369082 
$ 20,002.08
BLUM, SHAPIRO & COMPANY,
07/07/2020 # Pages 1 
FP1 DOC37S282
APPROVED FOR PAYMENT
ACCT#
loloB- A 30
7 awount__§.2D,009 20
* 
FISCAL YEAR__ LFA 
|
SIGNS: L3E_<
DATE 
YU Yo
20,000.00
20,000.00
$20,000.00
Remittance Advice - Please r
Client 736195 - Town of Water
Invoice No. - 45136082
Amount Bue: $20,000.00
All accounts not
tord
Sturn with your payment.
Remittance Address
Bium Shapiro & Company P.C.
Dept 106067
P.O. Box 150489
Hartford, CT 06115-0489
You can also pay your bill online.
Please visit our bill pay website at
www. billpay.blumshapiro.com
paid within 30 days are subject to a 1% monthly finance charge
An independent member of Baker Tilly International

blumshapiro|
accounting - tax - advisory
October 8, 2020
Kim Allen
Town of Waterford 
;
45 Rope Ferry Road
Waterford, CT 06385
FY
29 South Main Street 
Tel: 860.561.4000
P.O, Box 272000 
Fax: 860.521.9241
West Hartford, CT 06127-2000 
blumshapiro.com
Terms: Due upon receipt
730195
Invoice: 
45140596
For professional services rendered in connection with:
Progress Billing #2 - June 30, 2020 Audit
Total Services
Total Current Charges
PNT RES. PPR, 
Ab he 
PAT
Invit PROGRESS #2 JUNE 202 
$ 25,000.08
BLUM, SHAPIRO & COMPANY, PC
19/08/2020 # Pases 
1 
FP1 DOCAZS174
25,000.00
25,000.00
$25,000.00
oe
APPROVED FORPAYMENT
AccT# 10103—- FAB
AMOUNT 
#25, ),nD0
FISCAL YEAR 
Fy 2 |
Remittance Advice - Please return with your payment.
Client 730195 - Town of Waterford
Invoice No. - 45140596
Amount Due: $25,000.00
Remittance Address
Blum Shapiro & Company P.C.
Dept 106067
P.O. Box 150489
Hartford, CT 06115-0488
You can also pay your bill online.
Please visit our bill pay website at
www. billpay.blumshapiro.com
All accounts not paid within 30 days are subject to a 1% monthly finance charge
An independent member of Baker Tilly International

| 
FY 
|
29 South Main Street 
Tel: 860.561.4000
P., Box 272000 
Fax: 860.521.9241
West Hartford, CT 06127-2000 
blumshapiro.com
blumshapiro
accounting - tax + advisory
November 5, 2020
Kim Allen
Town of Waterford 
‘ 
Terms: Due upon receipt
15 Rope Ferry Road
Waterford, CT 06385 
730195
i 
Invoice: 
45142783
For professional services rendered in connection with:
Progress Billing #3 - June 30, 2020 Audit 
10,000.00
Total Services 
10,000.00
Total Current Charges 
$10,000.00
“. 
. 
a an 
we 1 
dey
.. APPROVED FOR PAYMENT .
ACCT#. [0103-52020 
=:
AMOUNT 
#18, poc.°? 
| 
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FISCAL YEAR. 
21
SIGNATURE
DATE '{sf2zoz@
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|
Inv# 45142783 
16,000.00
BLUM, SHAPIRO & COMPANY, P 
$
11/05/2028 # Pages 1 
FP4 D0C42$1935
Remittance Advice - Please return with your payment. 
Remittance Address
Blum Shapiro & Company P.C.
. 
Dept 106067
Client 730195 - Town of Waterford 
P.O, Box 150489
; 
Hartford, CT 06115-0489
invoice No. - 45142783 
You can also pay your bill online.
Amount Due: $10,000.00 
Please visit our bill pay website at
, 
www. billpay.blumshapiro.com
All accounts not/paid within 30 days are subject to a 1% monthly finance charge
An independent member of Baker Tilly International

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blumshapir
accounting « tax - advisot
December 31, 2019
Kevin McNabola
Town of Waterford
15 Rope Ferry Road
Waterford, CT 06385
D
iy
FY30
Tel: 860.561.4000
Fax: 860.521.9247
biumshapiro.com
29 South Main Street
P.O. Box 272000
West Hartford, CT 06127-2000
730195
Invoice: 45126921
For professional services rendesred in connection with:
Final Billing - June 30, 2019 Audit 
8,160.00
Total Services 
8,100.00
Total Current Charges 
$8,100.00
| _ APPROVED FOR PAYMENT
; 
» 
ACCT#_(01|03- 580B0 
;
C 
AMOUNT. 
Zloo:
"FISCAL YEAR| 
2020 |
* 
SIGNATURE
‘DATE
MiB RPS PA 
Ab he 
ine
Inv# 45123921 
8,120.
BLUM, SHAPIRO & COMPANY, PC $ 
%
12/31/2819 
# Pages 
1 
FP1 D0C32S107
|
Remittance Advice - Please r
Client 730195 - Town of Water
Invoice No. - 45126921
Amount Due: $8,100.00
All accounts no
Remittance Address
Blum Shapiro & Company P.C.
Dept 106067
P.Q. Box 150489
Hartford, CT 06115-0489
You can also pay your bill online.
Please visit our bill pay website at
www.billpay.blumshapiro.com
XN
paid within 30 days are subject to a 1% monthly finance charge
’ An independent member of Baker Tilly International
eturn with your payment.
ford

Fy20
29 South Main Street 
Tel: 860.561.4000
P.O. Box 272000 
Fax: 860.521.9241
West Hartford, CT 06127-2000 
blumshapiro.com
biumshapiro
accounting - tax » adviso
October 9, 2019
Kevin McNabola
Town of Waterford 
|
15 Rope Ferry Road 
|
Waterford, CT 06385 
730195
Invoice: 45123026
Fer professional services rendered in connection with:
Progress Billing #2 - June 30, 2019 Audit 
35,000.00
Total Services 
35,000.00
Total Current Charges 
$35,000.00
———
RS or Mtb ali at GL
0.00
Thvt 4512902 
$ 35,00
ts)
© & COMPANY, PC
LUN, SHAPIRO ages 
1 
FP DOC25S647
=o
. 
APPROVED FOR PAYMENT
5 
ACCT# _([O103 52030
AMOUNT 
*® 25, O09, © 
.
FISCAL YEAR_ 2.0
1’ 
SMATURE 
Ki
Ifestig
Remittance Advice - Please return with your payment. 
Remittance Address
Blum Shapiro & Company P.C.
Dept 106067
Client 730195 - Town of Waterford 
P.O, Box 150489
Hartford, CT 06115-0489
Invoice No. - 45123026 
You can also pay your bill online.
Amount Due: $35,000.00 
Please visit our bill pay website at
www.billpay.blumshapiro.com
All accounts not paid within 30 days are subject to a 1% monthly finance charge
An independent member of Baker Tilly international

29 South Main Street 
Tel: 860.561.4000
P.O. Box 272000 
Fax: 860.521.9241
f 
5 
. 
West Hartford, CT 06127-2000 
blumshapiro.com
C 
blumshapiro
accounting « tax - advisory
July 8, 2019
Kevin McNabola
Town of Waterford
15 Rope Ferry Road
Waterford, CT 06385 
730195
Invoice: 45119972
For professional services rendered in connection with:
Progress Billing:#17=June 30, 2019 Audit 
15,000.00
Total Services 
15,000.00
Total Current Charges 
$15,000.00
aaa 
- 
“
ACCT# i rosy: be 3. 
a
BERS PRA Wath ee MP TIE
FISCAL YEAR___-- a 
_ he i 07/08/2013 @ Pages 
1 
'FP1 DOCZ@S95 
o 
alececem
C 
SIGNATURE _ 
=e 
cee ne
DATE rite Zad ia
Remittance Advice - Please return with your payment. 
Remittance Address
Blum Shapiro & Company P.C.
Dept 106087
Client 730195 - Town of Waterford 
P.Q. Box 150489
; 
Hartford, CT 06115-0489
Invoice No. - 45119972 
You can also pay your bill online.
Amount Due: $15,000.00 
Please visit our bill pay website at
, 
www. billpay.blumshapiro.com
All accounts not paid within 30 days are subject to a 1% monthly finance charge
An independent member of Baker Tilly International
ce

Appendix C — Fixed Fees (provided in Separate Envelope)
_ 
29 South Main Street 
Tel 860.561.4000
t 2} eaae Sha 1ro 
P.O. Box 272000 
Fax 860.521.9241
EDIULLL LS 
p 
West Hartford, CT 06127-2000 —_ blumshapiro.com
Accounting Tax Business Consulting
Fyig 
FY! ~~ FY8o
Fixed Fees
Town:
General Audit 
$18,000 
$18,360 
$18,720
CDBG and Federal Single Audit 
5,000 
5,100 
5,200
State Single Audit 
5,000 
5,100 
5,200
Preparation of Financial Statements 
5,000 
5,100 
5,200
Town sub-total 
$33,000 
$33,660 
$34,320
Board of Education
General Audit 
11,900 
12,140 
12,380
Grants and Federal Single Audit 
5,000 
5,100 
5,200
State Single Audit 
5,000 
5,100 
5,200
EDO01 (or equivalent) 
1,000 
1,050 
1,100
Cafeteria 
1,000 
1,050 
1,100
Board of Education sub-total 
23,900 
24,440 
24,980
Estimated Hours
Combined Total: 
$56,900 
$58,100 
$59,300
Total hours included in Combined Total Fees:
Partner 
40
Manager. 
80
Staff 
380
Other 
0
Total Hours 
500
Blum, Shapiro 
& Company, P.C. 
26|Page

Appendix C — Fixed Fees (provided in Separate Envelope)
Additional Services
The Town of Waterford may require additional services outside the scope of the certified audit. These
services will be considered special projects and will be billed on our discounted hourly rates as follows:
Partner 
$380
Manager 
$210
Supervisor 
$160
Senior Accountant 
$130
Staff Accountant 
$110
Submitted by:
Name (typed): Vanessa E. Rossitto, CPA 
Title: Partner
City, State & Zip Code: Blum, Shapiro & Company, P.C., West Hartford, CT 06127
Telephone: 860-561-6824
Blum, Shapiro & Company, P.C. 
27|Page

Kimberly Allen
From: 
Kimberly Allen
Sent: 
Thursday, January 14, 2021 1:25 PM
To: 
Glenn Pattersen; Kevin Petchark; Mark Geer; Ronald Fedor; 'sheehanjw@sbcglobal.net’;
Talivaldis Maidelis
Subject: 
FY21 & FY22 Audit
Good Afternoon,
Please be advised that | have notified CLA/Blum Shapiro about the board’s vote to approve the extension of their
contract through the FY21 & FY22 audits. 
| was Biase that the fees would be as follows:
e 
FY22 - $61,800 This reuresentst a2. 15% it increase over -FY21,
My Regards,
Kimberly Allen
Finance Director
Town of Waterford
15 Rope Ferry Road
Waterford, CT 06385
kallen@waterfordct.org
860.444.5840 (direct)
360.440.0579 (fax)
@& aterford
CONNECTICUT
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