Board of Selectmen - 444 (02/02/2021)
agenda center attachment
| Board/Commission | Board of Selectmen |
|---|---|
| Meeting Date | February 02, 2021 |
| Pages | 30 |
| File Size | 3.5 MB |
| OCR Status | Searchable (OCR processed) |
| Source URL | Original |
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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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ADVERTISING - FINANCE DEPARTMENT
2021/2022 FISCAL YEAR
LINE |
ACCOUNT NAME.
2019/2020
123172020
PROPOSED
2021/2022
52010 ADVERTISING
1,330
1,950
0
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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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|
12/31/2020
|
2021/2022
-
53010 OFFICE SUPPLIES
30
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ACCOUNT JUSTIFICATION
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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Advertising Fax
860-437-8780
Day Publishing Company - Toll Free
|
800-542-3354
Classified Fax
860-442-5443
BILLING PERIOD
|! | ACCOUNT NUMBER
CUSTOMERICLIENT
05/01/20-05/31/20
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CURRENT DUE
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||
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Payment Terms - Net End of Month A FINANCE CHARGE OF 1.5% PER MONTH ON ACCOUNTS NOT PAID WITHIN THE MONTH FOLLOWING PUBLICATION
CREDIT CARD AUTHORIZATION
Complete the information below and return to The Day
Times Group
The Groton Times, The Lyme Times,
The Moniville Times, The Mystic Times,
The New London Times, The Stonington Times,
The Thames River Times, The Waterford Times
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
Contact your account executive for log in and password tnformation.
Paper tearsheets are available at the cost of $5.00 for each requested copy.
Card Number
Expiration:
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(MasterCard / Visa / Discover)
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Date
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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
..,
GRT
The Groton Times
SHN "7" “Hatbor News
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HTJ
Monster
SND--
~~": --Fhe Sound
IMAG
Digital Magazine
SRC.-~.-.~---. The Source
j;IMS—--
- ——DigitalAgency
STT--
--~~——The-Stonington-rimes—- —
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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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15 Rope Ferny Road, Waterford, CT 06385, A cepy oft
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BO.ASSESSMENT APPEALS:
TAX COLLECTOR."
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FINANCE OEPARTHENT? ”
LEGAL DEPARTMENT" “=,
“TOWN CLERK
-
PLANNING & ZONING
BUILDING MAINTENANCE’
INSURANCE
ECONOMIC DEVELOPMENT:
. CONSERVATION COMSSION
ZONING BOARD OF APREALS:
RETIREMENT
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CONTINGENCY *
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TOTAL BOARD OF EOUCATION
CABITAL AND DEBT SERVICE:
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GURRENT-YEAR CAPITAL IMPR.
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DEBT SERVISE
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11,248,760
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Between te hourd of 8:00am and 4:00/pm, ginning
1, April
Z7, 2020. The budg
by the Board of
Finance
for Fiscal Vear 2024
fo the Teun of Water
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| FY 2019-2020 ©) ~
‘FY 2020-2021"
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actual
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ANTICIPATED
| STATE-OF CONNECTICUT
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EDUCATION
.
531,478,
6,771
|.
932,094
GENERAL GOVERNMENT
766,499
691,347
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TOTAL STATE OF CONNECTICUT
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687,118). ,
1,048,644
‘ OTHER SOURCES
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;
digital
marketing
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WATERFORD, CT 06385
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800-582-8296
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Day Publishing Company - Toll Free
800-542-3354
Classified Fax
860-442-5443
REC'D FINGNCE
BILLING PERIOD
ACCOUNT NUMBER
CUSTOMERICLIENT
720 auco9
03/01/20-03/31/20
93036
WATERFORD - TOWN OF/FINANCE DEPARTMENT
CURRENT DUE
OVER 30 DAYS
60 AND OVER
TOTAL DUE
$ 55.15
$ 0.00
$3 6.00
$ §5.15
Payment Terms - Net End of Month A FINANCE CHARGE OF 1.5% PER MONTH on ACCOUNTS NOT PAID WITHIN THE MONTH FOLLOWING PUBLICATION
CREDIT CARD AUTHORIZATION
Complete the information below and return to The Day
Card Number
Expiration:
-
(MasterCard / Visa / Discover)
/_
Sec. Code
Signature:
Date
Amount Due $
(This is a single use authorization.)
-
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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.
Paper tearsheets are available at the cost of $5.00 for each requested copy.
|
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
'
Tour of Watrtrd :
1
Public
Notice
. :
Cust: WATERFORD - TOWN OFIFINANC
a sta Pee |
Ad#: d00859764
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Hall Auditorium to discuss |
annual town bu
for!
fiscal year 2020-2021, Spe~
« dal meeting Immediately,
following to take action on}
annual town budgets for
t
~ fiscal year 2020-2021.
$n,
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Subscribed and sworn to before m
This Friday, March 20, 2020
,
Notary Public
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My commission expires
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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
010
020 |
<=
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:
|
i
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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Please call your ad representa
Salesperson: Michelle Savona
Telephone: 860-701-4276 | Fa
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tive by 3PM today with any ad changes.
| Printed on: 3/13/2020
x: 860-442-5443
Order Number: 400817783
rrr ehed
Anna Scanlon
47 Eugene O’Neill Drive
New London, CT 06320
860-442-2200
www.theday.com
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
b
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
Salesperson: Michelle Ruocco
Telephone: 860-701-4276 | Fa3
Email: Legal@theday.com
tive by 3PM today with any ad changes.
Printed on: 3/15/2019
: 860-442-5443
,
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
$10,000.00
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a an
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.. APPROVED FOR PAYMENT .
ACCT#. [0103-52020
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AMOUNT
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21
SIGNATURE
DATE '{sf2zoz@
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Inv# 45142783
16,000.00
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$
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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