Board of Finance Budget Hearing Meeting

FIFTEEN ROPE FERRY ROAD PHONE: 860-442-0553
WATERFORD, CT 06385-2886
www.waterfordct.org
BOARD OF FINANCE
AGENDA
Waterford Town Hall Wednesday, March 8, 2023
Budget Hearing Town Hall 7:00 p.m.
1, Call to Order
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2. Public Comment 4 «aS
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3. 10113 — Economic Development Commission nm Bo
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4. 10114 — Conservation Commission U 2
5. 10110 — Planning & Zoning ~ pas)
6. 10115 — Zoning Board of Appeals
7. 10118 ~— Building Department
8. 10141 — Flood and Erosion Control
9. Review Projected Revenue
10. Adjournment
Glenn Patterson, Chairman

BOARD OF FINANCE
BUDGET HEARING SCHEDULE
FISCAL YEAR 2023/2024
Wednesday, March 1, 2023 ....csssssseeseeees Library
Police Department pe
Emergency Management RS
Fire Services 1
Board of Finance —
Contingency =
Monday, March 6, 2023 ....ssssesssessesesseererens Ethics Commission a
. , Conservation of Health T=
Public Health & Nursing =
Miscellaneous Social Grants oO
‘Youth Services Oo
Senior Citizens
Recreation and Parks
Wednesday, March 8, 2023 ......ssssscassersess Economic Development
. Conservation Commission
Planning and Zoning
Zoning Board of Appeals
Building Department
Flood and Erosion Control
Review Projected Revenue
Monday, March 13, 2023 ....ccccccsseees veeeHuman Resources _
- - Finance Department
Retirement
Insurance
Legal
Information Technology
Wednesday. March 15, 2023... .cscserserenee Regular Meeting
Wednesday, March 15, 2023 ....sssssssersrvees Registrar of Voters
. Assessor
Board of Assessment Appeals
Tax Collector
Town Clerk
Representative Town Meeting
Board of Selectmen
Monday, March 20, 2023 ...eescsoseserserscseees Building Maintenance
Public Works
Capital Improvements
Debt Service
Transfers to Capital and Non-Reourring
Wednesday, March 22, 2023 vassservecerecrscsers Board of Education
Monday, March 27, 2023 ..sssescssesssneerecrseress Board of Finance Public Hearing on Budget Followed by
Special Meeting for Final Budgetary Action
Monday, May 1, 2023 ...cs.scssssesssecseeeeevecneseees RTM Annual Budget Meeting
(anticipated to be conducted May 1* through May 5")
All Board of Finance Meetings will be held at the Waterford Town Hall at 7:00 p.m. and end at 10:30 p.m,
unless otherwise noted. All budgets are due in the Finance Office on December 9, 2022 WITH NO
EXCEPTIONS.
S:Finance: Board of Finance-grm/Meeting Schedule/Budget Hearing Schedule

(~ C) ’
TOWN OF wATERFORD 
.
GENERAL FUND
2023 - 2024 PROPOSED BUDGET
DEPT/AGENCY: 10113 ECONOMIC DEVELOPMENT COMM.
a -acTUAL | 2023/2024 | 2023/2024 | |
2021/2022 | 2022/2023 | 2022/2023 | EXPEND& | DEPT/ | APPROVED | Department | Department
: eee ACTUAL | RTM | ADDITIONAL/ | ENCUMBAS | AGENCY | BD/COMM. | Request$ | Request %
LINE ITEM] ‘DESCRIPTION EXPENDED | APPROP. TRANSFERS ‘OF 1/1/23. REQUEST |. (42/8/22) Increase ‘Increase
SERVICES
52010 {ADVERTISING 0 1,000 0 500 500 (500) -50.00%
52020 POSTAGE 0 5 0 0 18) 0.00%
52030 _|PROFESSIONAL FEES 0 16,000 0 15,000 15,000 (1,000) 6.25%
52050 _|DUES, CONF. & EDUC. 7,103 10,071 8,162 12,047 12,047 1,976 19.62%
52060 | PRINTING ) 200 0 200 200 0 0.00%
52070 {REIMBURSABLE EXPENSES 0 200 0 100 } 100 (100) -50.00%
SUBTOTAL 7,103 27,471. 0 8,167 27,847 27,847 376 |. 1.37%
MATERIALS & SUPPLIES
53010 |OFFICE SUPPLIES 0 0 0 ) 0 0 0 0.00%
: SUBTOTAL 0 0 0 0 0 0.00%
DEPARTMENT TOTAL 7,103 | 27,471 0 8,167 27,847 27,847 376 1.37%

TOWN. OF WATERFORD | oO
_FY2024 BUDGET REQU!
_DEPARTMENT: Economic Development Comimigsion
BUDGET FUNCTION
The Economic Development Commission’s purpose is to support and grow Waterford’s economy. The
Commission is empowered by Town Ordinance and State Statutes to serve as a platform to coordinate
activities and groups that work in support of economic development. Broad responsibilities the
Commission may undertake include market analysis, business.recruitment and retention, marketing the
Town, and recommending actions that Town can take to meet its development goals. °
The proposed FY24 EDC budget reflects an approximate 1.37% increase over FY23. The Commission
voted to continue to ensure that it has the resources to better support Waterford’s economic
development efforts. Key elements of the budget request include the need for specialized professional
services, effective marketing, and targeted networking.
MEMBERS
f ’ Edward Lusher, Chair
Ko Lesley Sollima
Guy Russo
Edward Aledia
Greg Attanasio
ALTERNATES
Julie Greco
Cathryn Gonyo

TOWN OF WA -ERFORD.
| _FY2024: BUDGET REQUEST — S
- DEPARTMENT: Economic Development Commission
—_
BUDGET SUMMARY
SERVICES
52010 ADVERTISING 500
52020 POSTAGE 
0)
52030 PROFESSIONAL FEES . 15,000
52050 DUES, CONFERENCES & EDUCATION 12,047
52060 PRINTING . . 200
52070 REIMBURSEABLE EXPENSES . 100
TOTAL SERVICES 14,347
Advertising Line 10113-52010
$500 Requested
The EDC will advertise via print, digital, and social media platforms. Projects such as the
upcoming small business grants, creation of an economic development strategy for the Town,
and marketing to attract businesses and residents would be paid from this line.

TOW OF WATERFORD ~
_FY2024 BU DGET REQUEST © |
i DEPARTMENT: Economic Development Commission
Professional Fees Line 10113-52030
$15,000 Requested
in FY23, the EDC received funds to hire a consultant to assist the Commission in drafting an economic
development strategy. At the time this budget was created, the EDC was beginning work on this effort. The
strategy will include goals and actions necessary to support economic growth in Waterford and outline the
Commission’s action plan for upcoming years. It is anticipated that implementation efforts will include the
need to hire professionals on a limited basis. Examples of projects for which funding needs are anticipated
are graphic design for branding and marketing materials, updates to the Town’s promotional video, and two
meetings with the Strategy consultant to review the Commission’s progress.
Dues, Conferences and Education Line 10113-52050
$12,047 Requested
The EDC maintains membership with the Southeastern CT Enterprise Region (SeCTer) for the Town. SeCTer
provides access to regional economic data and project support. The Commission also maintains memberships
with professional organizations for the purposes of implementing and maintaining effective economic
development programs. Members attend educational and networking events whenever possible.
Southeastern CT Enterprise Region (SeCTer) 0.0... ccscssercsssserseceeeerssscsseesaseeeseerseessassnesseeresereenenets S 8,807
Regional business information, regional promotion, educational resources
Chamber of Commerce of Southeastern CT .0..... cc ccccsssssetcssteesseeteeenees sesseeneeeneesceveesensennecnesnneenseens S 220
Promotes local networking, facilitates communication & collaboration
CT Economic Development Association (CEDAS) ........sssssccsrssssssessecceesrsssnnaneasanssnstensasnesersuonssnas S 150
Economic development expertise, educational seminars & forums
Business meeting expenses, including shared costs of facilities and admission costs for economic
events, MEeTINES AN SEMINALS..............ccccscecsecesseeesestaneseetesssessessesareersresseesesessesensessadaeessesenneaeeseanee S 400
Innovative Commerce Serving Communities (ICSC) Conference Attendance......sccseseseensens $2,470
ICSC (formerly the International Council of Shopping Centers) is a member organization
supporting retail, dining, entertainment, and other marketplace industries. The organization
provides industry insights and networking opportunities to support development initiatives. The
Economic Development Commission recommends that a representative from Waterford be
funded to attend the annual conference in New York in December of 2023 to make connections
and promote commercial development opportunities in Waterford to industry leaders. The
proposed budget includes travel, hotel, and registration costs for one conference attendee as
follows: $820 (registration), $600 (flight), $1,050 (hotel, 3 nights).

TOWN OF WATERFORD ee
LS _FY2024 BUDGET REQUEST oe
DEPARTMENT: Economic. Development Conimission’ ”
Printing Line 10113-52060
5200 Requested
This line will cover the cost of materials related to Economic Development Strategy implementation, such
as drafts of graphic designs or similar items that will require Commission review.
Reimbursable Expenses Line 10113-52070
$100 Requested
EDC members on occasion pay out of pocket for expenses associated with travel to seminars and business
meetings. This line item provides for the reimbursement of funds expended by EDC members in providing
services to the Town.

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JOBS

a
Demographic Profile..... sesuessussuessecsusssscssessesssssusssvsstessscsucssscasscsusssvcsssssuessessecsecsussssesessessuecsssisessscaseseueasessecsucestessessuesseeaneenes 3
Employment Trends. ...........:cccccsecseseeetsesseroceecceneeneesaseeessaeassssssssssverenersersnsseeessncsesesaseseesvesserestereseusesueescessesersesesaeneeseneennaass 5
Wage TONS ..ceccscecesseccsssesessuesssvesesvecesssuscssuscssuecessutosssvecssnecessnecessnecessuussssusesuvessuvsessusesseeersusesssuessssutsssasesssutessasecsssvessenecensere 6
Cost Of LIVINg INDOX.... eee eeeeceeeeseteecceeeereeteneeeseeneeeeeeneecnseeeeecseecaessaeeneeseneseresssuessussdeessceesateseeneressesesnssereseesesseniaseeoesseeesnees 7
Industry SnaPShOt...... ec eecceeseseseeeeecennereesececsesseteessecssssecseaseussassersasrenessereseususssassesasssseessessessesesssuenseseaseesaessecneenteseonenenes 8
Occupation SNAPSNOL.......cccsesscesccnssseeescessseeeseeseeseessacesussssesensatenseseeeeHeeenaesaseecesevsdeseasessatennessseseecsuensaeesssenssseeseeesensenentagey 10
INdUStry CIUSTOLS 00... ee eeeeeeseseserseesensassasseesnaseeseesseusseseveessussessenssasseseavaeenseeseuseuessanausaeusssenecnecaeceaseauastensassassseseessententonegs 12
ECuCAatION LOVES .......cccssesceesccsececeescescececsecsntcaceeeseeaenenenseseeasesseaeesceeaesneesaesaersaecasseceeseceesenessasonessssaeacarseeasarereesssssstegreness 13
Waterford CT Regional Map dusevsaceuseesssecasseasescesnnecstevscecusenseesaseauenssusnassesecesesscetsasccdeceasessneeseeescerssenatensessaseasenstseeeesesenensness 14
REGION DeFINITION .......:ccssesecsscesscesseeesseanecenceesecenscesuseanessecrsseesendereesaestseeeseeenseseessdeesseersnereuneseueseessusessaseessnsendtenneseeaeeeseseas 15
FAQ ..escssscseseeccersccscssesesscssssesceeseteesseesecssesecseeeseessesaesscsaneseenseaseaeenseceassessessueneeesesscdcoesrsaeeresuseeseusssenssasssseseesssestertasessatseeseane 16
Source: JobsEG®, htta://www.chmuraecon.com/jiobseq eae. 2
Copyright © 2023 Chmura Economics & Analytics, All Rights Reserved. jossea

Demographic Profile
fo The population in the Waterford CT was 18,917 per American Community Survey data for 2016-2020.
The region has a civilian labor force of 10,473 with a participation rate of 66.2%. Of individuals 25 to 64 in the
Waterford CT, 42.9% have a bachelor’s degree or higher which compares with 34.3% in the nation.
The median household income in the Waterford CT is $90,678 and the median house value is $255,006.
Demographics
Population (ACS)
Male
Female
Median Age?
“Under ‘18 Years
18 to 24 Years
25 to 34 Years
35 to 44 Years
45 to 54 Years
55 to 64 Years
65 to al Years
ws Years and Over _
“Race: White
Race: Black or African American
“Race: American indian and Alaska | Native
“Race: Asian
Race: Native Hawaiian and Other Pacific Islander
Race: : Some Ot
Other Race —
Race: Two or More Races
Hispanic or Latino (of any race)
Economic
Labor Force Participation Rate and Size (civilian population 16 years
and over)
Prime-Age Labor Force Participation Rate and Size (civillan population
25-54)
Armed Forces Labor Force
Veterans, Age 18-64
Veterans Labor Force Participation Rate and Size, Age 18-64
Median Household income?
Per Capita Income
Mean Commute Time (minutes)
Commute via Public Transportation
Educational Attainment, Age | 25-64
No ‘High School Diploma
High School Graduate
Some College, No Degree
Associate’ Ss Degree
Bachelor’ 's Degree
Postgraduate Degree
Housing
Total Housing Units
Source: JobsEQ®, htto://www.chmuraecon.com/iobseq
Copyright © 2623 Chmura Economics & Analytics, All Rights Reserved.
023%
Summary?
Percent
Waterford CT Connecticut
48.6% 48.8%
51.4% 51.2%
17.3% 20.6%
6.9% 9.7%
13.1% 12.4%
10.1% 11.9%
14.5% 13.8%
16.1% 14.3%.
11.1% 3 7%
10.8% 7 6%
87.3%
3.6% 10. 7%
0.5%
2.7%
0.0% 0. 0%
1.0% 5.4%
4.8% 4.8%
5.5% 16.4%
66.2% 65.9%
88.1% 85.3%
1.4% 0.3%
7.3% 3.0%
85.7% 81.9%
0.3% 44%
2.7% 7.7%
25.8% 25.0%
20.6% 17.3%
8.0% 8.0%
23.4%
19.5% 17. 8%
USA
Value
Waterford CT ‘Connecticut USA
_ 18,917 3,570,549 326,569,308
49.2% 9,190 1,741,688 160,818,530
50.8% 9,727 4,828,861 165,750,778
- 48.3 41.4 38.2
22.4% 3,282 735,584 73,296,738
9.3% 1,309 345,760 30,435,736
13.9% 2,477 443,917 45,485,165
12.7% 1,904 426,097 41,346,677
12.7% 2,748 493,186 41,540,736
12.9% 3,043 510,539 42,101,439
9.4% 2,106 345,407 30,547,950
6.7% “2,048 270,059 21,814,867
704% 16, 5522 (2,649, 994 229,960,813
126% -678_—382,461 «1,227,284
08% —«-«-92—s=—“‘éiT 888 GIA
5.6% “519 163,262 18,421,637
oa eae ee 1Y
“51% +191.~=~=~«W92,217—SS~t«O6 783,94
5.2% 915 172,647 16,875,542
18.2% 1,036 587,212 59,361,020
63.2% 10,473 1,923,759 164,759,496
82.4% 6,098 4,158,613 105,137,520
0.4% 220 9,386 1,143,342
4.5% 823 65,820 8,920,267
76.8% 705 53,894 6,853,673
- $90,678 $79,855 $64,994
_ $44,905 $45,668 $35,384
~ 20.9 26.7 26.9
4.6% 34 T7433 7,044,886
10.5% 270 144,196 17,929,220
25.4% 2,628 468,610 43,289,555
20.5% 2,100 323,625 34,959,338
9.3% 809 149,788 15,776,790
216% 2379 453,421 36,888,244
‘127% 1986 —=«-334,099~—=—«21,630,870.
_ 8, 587 4,524,199 1238, 432, 754
a
"=F 3
JO&8SE@

Summary?
Percent Value
\ Waterford CT USA _ Waterford cT Connecticut _ USA
“ Median House Valu ue (of owner-occupied units? - - - $255,006 $279, 700 $229, 300
Homeowner ‘Vacancy 1 0% 1.5% -_ 4% 65 14,409 “4 129,755 |
Rental Vacancy 5.4% 5.6% “5.8% 93 27,938 2,704,553
Renter-Occupied Housing Units (96 of. Occupied Units) 20. 3% 33.9% 35. 6% 1,615 470, 029 43, 552,843
Y
Occupied Housing Units with No Vehicle Available (% of ‘Occupied AA% 8.59% 8.5% 350 118,355 10,344,521
Units)
Social
Poverty Level (of all people) 9.8% 12.8% 1,226 339,156 40,910,326
Households Receiving Food Stamps/SNAP 11.6% 11.4% 683 160,438 13,892,407
Enrolled in Grade 12 (% of total population) 1.4% 1.3% 287 51,722 4,358,865
Disconnected Youth? 14% 2.5% 0 2,817 433, 164
Children in Single Parent F: 33.2% 23, 628, 508
Uninsured 5.1%
With a Disability, Age 18: 64 8.8% _20, 231, 217
with a Disability, Age: 18: 64, Labor Force Participation Rate and Size 474% 8,740,236
Foreign Born 14.6% 1,069 521,384 "44, (125, 628
Speak English Less Than Very Well (population 5 yrs and over) | 8.1% 479 275,126 25, 312, 024
Source: JobsEQ®
1. American Community Survey 2016-2020, unless noted otherwise
2. Median values for certain aggregate regions (such as MSAs) may be estimated as the weighted averages of the median values from the composing counties.
3. Disconnected Youth are 16-19 year olds who are (1) not in school, (2) not high schoo! graduates, and (3) either unemployed or not in the labor force.
4. Census Population Estimate for 2020, annual average growth rate since 2010.
(
7
Source: JabsEQ®, peewee chimbraccon.com/jonsea uae . 4
Copyright © 2023 Chmura Economics & Analytics, All Rights Reserved. jossea

Employment Trends
As of 2022Q2, total employment for the Waterford CT was 10,715 (based on a four-quarter moving average). Over
the year ending 2022Q2, employment increased 1.5% in the region.
Employment for Waterford CT
10.0%
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a
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abe 2
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3
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-10.0% &
>
a
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-20.0%
201203 201303 201403 201598 201603 201793 2018Q3 201998 202093 202193
; Waterford CT (1.5%) —-Connecticut (3.6%) —USA (4.4%)
Source: JobsEQ®. Data as of 2022Q2. The shaded areas of the graph represent national recessions.
Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 202201
with preliminary estimates updated to 2022Q2. .
Source: JobsEQ®, http://www.chmuraecon.com/jobseq bad
Copyright © 2023 Chrura Economics & Analytics, All Rights Reserved. fonstec

Wage Trends
The average worker in the Waterford CT earned annual wages of $65,164 as of 2022Q2. Average annual wages per
worker increased 3.6% in the region over the preceding four quarters. For comparison purposes, annual average
wages were $67,777 in the nation as of 2022Q2.
Average Annual Wages for Waterford CT
i 10.0%
6.0%
2.0%
-2.0%
oby sea, e WOI abueyD %
-6.0%
201203 201303 201493 201503 201608 201703 201893 201993 202093 202193
“> Waterford CT (3.6%) — Connecticut (7.1%) —USA (6.7%)
Source; JobsEQ®, Data as of 202202, The shaded areas of the qraph represent national recessions,
Annual average wages per worker data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are
updated through 2022Q1 with preliminary estimates updated to 2022Q2.
1
Source: JobsEQ®, http://www.chmuraecon.com/jobseq waa
Copyright © 2023 Chmura Economics & Analytics, All Rights Reserved. ;

Cost of Living Index
The Cost of Living Index estimates the relative price levels for consumer goods and services. When applied to wages
and salaries, the result is a measure of relative purchasing power. The cost of living is 7.2% higher in Waterford CT
than the U.S. average.
Cost of Living Information ©
Cost of Living Index
Annual Average Salary (Base US) US Purchasing Power
Waterford CT $65,164 107.2 $60,796
Connecticut $79,564 116.0 $68,573
USA $67,777 100.0 $67,777
Source: JobsEQ®
Data as of 2022Q2
Cost of Living per COLI, data as of 202203, imputed by Chrnura where necessary.
Source: JobsEQ®, http://www.chmuraecon.com/jobseq Bie 7
Copyright © 2023 Chmura Economics & Analytics, All Rights Reserved. JOBSEQ

Industry Snapshot ©
The largest sector in the Waterford CT is Retail Trade, employing 2,672 workers. The next-largest sectors in the
region are Health Care and Social Assistance (1,782 workers) and Utilities (980). High location quotients (LQs) indicate
sectors in which a region has high concentrations of employment compared to the national average. The sectors with
the largest LQs in the region are Utilities (LQ = 18.01), Retail Trade (2.45), and Health Care and Social Assistance
(1.16).
Total Workers for Waterford CT by Industry
Public Administration2.6%
Other Services (except Public Administration)3.0% s \
Accommodation and Food Services7.2% ~~
Arts, Entertainment, and Recreation1.5% Ng
( Agriculture, Forestry, Fishing and Hunting0.1%
Mining, Quarrying, and Oil and Gas Extraction0.1%
Utilities9.1%
Construction6.3%
Manufacturing1.5%
Wholesale Trade2.6%
Health Care and Social Assistance16.6%
Retail Trade24.9%
Educational Services5.5% “~~
Administrative and Support and Waste Management and
Remediation Services3.9%
_Management of Companies and Enterprises1,6%
Professional, Scientific, and Technical Services5.0%
Information1.5% Transportation and Warehousing4.7%
Source: JobsEQ@,Data as of 202292
Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2022Q1 with preliminary
estimates updated to 2022Q2. . ‘: ere
Sectors in the Waterford CT with the highest average wages per worker are Utilities ($198,042), Management of
Companies and Enterprises ($139,760), and Finance and Insurance ($99,764). Regional sectors with the best job
growth (or most moderate job losses) over the last 5 years are Administrative and Support and Waste Management
and Remediation Services (+34 jobs), Health Care and Social Assistance (+30), and Manufacturing (+26).
Over the next 1 year, employment in the Waterford CT is projected to contract by 115 jobs. The fastest growing
sector in the region is expected to be Arts, Entertainment, and Recreation with a +1.8% year-over-year rate of
growth. The strongest forecast by number of jobs over this period is expected for Accommodation and Food Services
(+7 jobs), Arts, Entertainment, and Recreation (+3), and Information (+2).
Source: JobsEQ®, http://www.chmuraecon.com/jobseq =e
Copyright © 2023 Chmura Economics & Analytics, All Rights Reserved. en

Waterford CT, 2022Q21
Current 5-Year History 1-Year Forecast
Ave Ann ; Empl Total Empl Ann %
NAICS Industry Empl Wages LQ Change Ann % Demand Exits Transfers Growth Growth
44 Retail Trade 2,672 $33,317 2.45 ~579 -3.8% 296 142 211 -57 ~2.1%
Health Care and Soci
Ancistence nd Social 1,782 $53,065 1.16 30 0.3% 170 76 93 1 0.0%
22 Utilities 980 $198,042 -:18.01.~2=*«é‘“‘CSSSC:*«Cd«HH_SC“‘Cé 29 60 585.9%
Accommodati
n Senioes ion and Food 770 $27,841 0.86 -203 4.6% 134 53 ma. 7 0.9%
23 Construction 672 $65,492 1.05 -210 -5.3% 56 20 44 ~7 ~1.1%
61 Educational Services 586 $55,664 0.69 1 0.0% 54 24 30 -1 0.1%
P jonal, Scientific, and
54 Professional, Scientific, an 535 $96,303 0.68 5 0.2% 43 16 30 3 0.5%
Technical Services
Saar cee ee oe _ cece . - cee
48 Warehousing. and 506 $40,715 0.96 56 -2.1% 55 21 34 0 -0.1%
Administrative and Support .
56 and Waste Management 417 $44,836 0.60 34 1.7% 45 18 30 -2 -0.6%
and Remediation Services
Other Services (except
1 . - 4.39 29
8 Public Administration) 325 $31,410 0.70 79 4.3% 36 15 21 4 0.2%
42 Wholesale Trade 278 $92,857 0.70 -44 -2.9% 26 10 19 -3 -1.2%
92 Public Administration 277 $78,755 0.55 12 0.9% 22 10 16 -4 ~1.3%
agement i
55 Management of Companies a7 $139,760 1.06 9 “1.0% 1B 5 10 2 -1.3%
and Enterprises
31 Manufacturing 165 $77,645 0.19 26 3.5% 14 6 11 -3 -1.7%
Arts, Entertal it, and
71 ae nin ainment, an 164 $29,543 0.82 81 1.7% 25 9 13 3 1.8%
Si information 163 $67,832 0.75 7 0.9% 18 5 10 2 14%
52 Finance and Insurance 1614 $99,764 0.37 2 0.3% 12 5 9 -2 +1.5%
53 rescing ate and Rental and 68 $55,045 0.36 0 0.1% 6 3 4 4 1.2%
Mining, Quarrying, and Oil
65,2 . 09 ~1.0%
21 and Gas Extraction 10 $65,277 0.27 0 0.0% 1 0 1 0 1.0%
scult sobs
11 Aericulture, Forestry, Fishing 9 $37,322 0.06 4 1.4% 1 Q 1 0 -1.8%
and Hunting
99 Unclassified 2 $141,143 0,13 1 12.3% 0 0 0 0 -0.6%
Total - All Industries 10,715 $65,164 1.00 ~1,327 -2.3% 1,041 453 703 -115 -1.1%
Source: lobsEQ®
Data as of 2022Q2
Note: Figures may not sum due to rounding.
1. All data based upon a four-quarter moving average .
Exits and transfers are approximate estimates based upon occupation separation rates.
Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau-of Labor Statistics and imputed where necessary. Data are updated through 2022Q1
with preliminary estimates updated to 2022Q2. Forecast employment growth uses national projections adapted for regional growth patterns.
Source: JobsEQ®, http://www.chmuraecon.corn/jobseq
Copyright © 2623 Chmura Economics & Analytics, All Rights Reserved.
JOBSEQ

; aa
Occupation Snapshot
The largest major occupation group in the Waterford CT is Sales and Related Occupations, employing 1,752 workers.
The next-largest occupation groups in the region are Office and Administrative Support Occupations (1,147 workers)
and Transportation and Material Moving Occupations (1,026}. High location quotients (LQs) indicate occupation
groups in which a region has high concentrations of employment compared to the national average. The major
groups with the largest LQs in the region are Sales and Related Occupations (LQ = 1.74), Life, Physical, and Social
Science Occupations (1.61), and Architecture and Engineering Occupations (1.60).
Occupation groups in the Waterford CT with the highest average wages per worker are Management Occupations
($119,300), Legal Occupations ($108,200), and Architecture and Engineering Occupations ($102,600). The
unemployment rate in the region varied among the major groups from 1.5% among Healthcare Practitioners and
Technical Occupations to 10.7% among Personal Care and Service Occupations.
Over the next 1 year, the fastest growing occupation group in the Waterford CT is expected to be Personal Care and
Service Occupations with a +1.3% year-over-year rate of growth. The strongest forecast by number of jobs over this
period is expected for Food Preparation and Serving Related Occupations (+5 jobs) and Healthcare Support
Occupations (+4). Over the same period, the highest separation demand (occupation demand due to retirements and
workers moving from one occupation to another) is expected in Sales and Related Occupations (228 jobs) and
Transportation and Material Moving Occupations (131).
Waterford CT, 2022Q2!
Current 5-Year History 1-Year Forecast
. Mean Ann Unempl Online Empl . Total Empl Ann %
soc Occupation Empl Wages? LQ Unempl Rate Job Ads? Change Ann% Demand Exits Transfers Growth Growth
410000 Sales and Related 1,752 $42,200 1.74 63 6.8% 120 516 5.0% 194 93 135 -35 -2.0%
4310000 ree 2 ive support B147 $47,700 0.87 51 4.8% 30 244 13.8% 95 50 67 -22 -2.0%
5380000 eee ean TM 1,026 $41,500 1.05 45 8.0% 43 43 0.9% 122 54 80 8 -0.8%
3510000 Serving Ree and 734 $34,200 0.87 75 10.0% 45 -230 5.3% 136 56 75 5 0.7%
31010000 Healthcare Support 701 $36,800 148 22 5.5% 29 44 0.4% 95 46 45 4 0.6%
1110000 Management 686 $119,300 0.94 22 2.9% 21 -32 0.9% 46 45 37 6 -0.9%
2980000 Healthcare Practitioners 493 $99,400 0.79 9 1.5% 64 53 2.3% 26 12 15 2 0.4%
4780000 0 erection and 483 $62,200 1.00 23 6.8% 2 -163 -5.6% 39 14 31 6 -1.2%
41310000 0 usiess ad Financial 434 $81,500 0.63 16 3.1% 18 25 1.2% 29 ce 24 6 -1.4%
250000 ond ubrery instruction = 434 $67,600 0.76 22 3.3% 7 “AL 0.5% 37 18 20 0 0.0%
Installation,
4980000 Maintenance, and 419 $59,600 4.01 4d 4.0% 15 -60 2.7% 29 12 25 8 -1.9%
Repair
510000 Production 379 «$55,900 0.63 33 5.5% 6 -38 “1.9% 2 42 23 -14 -3.6%
Building and Grounds
3780000 Cleaning and 370 «$37,400.04 18 7.2% 7 -10 -0.5% 44 21 26 3 0.7%
Maintenance
33110000 Protective Service 314 $59,000 1.38 12 4.9% 8 -38 2.2% 5 45 19 8 -2.5%
3910000 Personal Core and 290 $36,600 1.2 36 10.7% 43 58 -3.6% 45 18 23 4 1.3%
1780000 engineering and 280 $102,600 1.60 5 2.3% 20 -66 -4.1% 5 5 1 1 4.1%
1510000 Komputer and 229 «© $94,100 0.62 4 2.0% 7 29 2.7% 15 5 re -l -0.3%
2180000 Senice and Social 199 $61,500 1.05 6 2.7% 1 3 -0.3% 19 7 13 ) -0.1%
Source: JobsEQ®, http://www.chmuraecon.com/jobseq ais 40
Copyright © 2023 Chmura Economics & Analytics, All Rights Reserved. jonsea

\ MO
Waterford CT, 2022Q21
Current 5-Year History 1-Year Forecast
Mean Ann Unemp! Online Empl Total Empl Ann %
* SOC Occupation Empl Wages? LQ Unempl Rate Job Ads? Change Ann% Demand Exits Transfers Growth Growth
aomoooo Life, Physical, andSocial = 455 ga3.s0q 4.64 4 3.1% 4 -15 “1.8% 7 3 10 6 -3,9%
Science
Arts, Design, :
270000 Entertainment, Sports, 139 $61,500 0.74 43 7.1% 3 3 -1.3% 43 5 9 -1 -0.4%
and Media
230000 Legal 46 $108,200 0.49 2 2.0% nfa 1 0.3% 2 1 2 0 -1,0%
asmoaoo Farming, Fishing, and 7 $38,200 O44 4 1.7% nfa 1 1.8% 1 0 1 Q ~1.6%
Forestry
Total- All Occupations . 10,715 $60,100 = 1.00 496 5.3% 489 -1,327 +2.3% 1,055 469 701 -115 -1.1%
Source: JobsEQ*
Data as of 2022Q2 unless noted otherwise
Note: Figures may not sum due to rounding.
1. Data based on a four-quarter moving average unless noted otherwise.
2. Wage data are as of 2021 and represent the average for all Covered Employment
3. Data represent found online ads active within the last thirty days in the selected region; data represents a sampling rather than the complete universe of postings. Ads lacking zip code information but designating a
place (city, town, etc.) may be assigned to the zip code with greatest employment in that place for queries in this analytic. Due to alternative county-assignment algorithms, ad counts in this analytic may not match
that shown in RTI (nor in the popup window ad list).
Occupation employment datz are estimated via indusiry employment date and the estimated industry/eccupation mix. industry employment data are derived from the Quarterly Census of
Employment and Wages, provided by the Bureau of Labor Statistics and currently updaied through 202201, imputed where necessary with praliminary estimates updated to 202202. Wages by
occupation are as of 2021 provided by the BLS and imputed where necessary. Forecast employment growth uses national projections from ihe Bureau of Labor Statistics adapied for regional growth
patterns.
, . ean
Source: JobsEQ®, herp://wenw.chrnuraecon.corn/jobseq eae 44
Copyright © 2023 Chrnura Economics & Analytics, All Rights Reserved. jossea

Industry Clusters
A cluster is a geographic concentration of interrelated industries or occupations. The industry cluster in the
Waterford CT with the highest relative concentration is Coal/Oil/Power with a location quotient of 18.23. This cluster
employs 973 workers in the region with an average wage of $198,564. Employment in the Coal/Oil/Power cluster is
projected to contract in the region about 5.9% per year over the next ten years.
Industry Clusters for Waterford CT as of 2022Q2
$250
oO Phar utical
5 LO: 0.90"
2
& $150
7)
S
Utilities
s Lore90 |
@ $100 |
Dn Professional Svc.
o LQ: 0.68
etail
$50 LQ: 1.12 LQ: 0.63H Consumer Sve. Media
| LQ: 0.86" LQ:.4.03
$0
-6.00 -5.00 -4.00 3,00 2.00 -7.00 0.00 7.00 2.00 3.00 4.00
Average Annual Employment Forecast Rate(%) 2022Q2-2032Q2
Pasties Data ay ar QUO?
Location quotient and average wage data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics, imputed where necessary, and updated
through 2022Q1 with preliminary estimates updated to 2022Q2. Forecast employment growth uses national projections from the Bureau of Labor Statistics adapted for regional growth patterns.
Source: JobsEQ®, htta://www.chmuraecon.com/jobseq mis 4
Copyright © 2023 Chmura Economics & Analytics, All Rights Reserved. jonsetc

Education Levels
=xpected growth rates for occupations vary by the education and training required. While all employment in the
Waterford CT is projected to contract 1.1% over the next ten years, occupations typically requiring a postgraduate
degree are expected to contract 0.2% per year, those requiring a bachelor’s degree are forecast to contract 1.1% per
year, and occupations typically needing a 2-year degree or certificate are expected to contract 1.0% per year.
Annual Average Projected Job Growth by Training Required
Postgraduate degree ($124,600)
Bachelor's degree ($99,500)
2-year degree or certificate ($55,100)
Previous work experience, no award ($62,400) |
Long-term training, no exp, no award ($76,600)
Moderate-term OUT, no exp, no award ($55,200) :
Short-term OJT, no exp, no award ($35,700)
All Levels ($58,500) 1
C)
©:re |
3
-2.6% -2.2% -1.8% “1.4% -1.0% -0.6% -0.2%
2h
Source: JobsEQ®,Data as of 202202
Employment by occupation data are estimates are as of 202202. Education levels of occupations are based on BLS assignments. Forecast employment growth uses national projections from the
Bureau of Labor Statistics adapted for regional growth patterns.
Source: JobsEQ®, http://www.chmuraecon.com/jobseq
Copyright © 2623 Chmura Economics & Analytics, All Rights Reserved.
JOBS@Q
13

Waterford CT Regional Map
Source: JobsEQ®, http://www.chmuraecon.com/jobseaq
Copyright © 2023 Chmura Economics & Analytics, All Rights Reserved.
JaBse@
14

Region Definition
Waterford CT is defined as the following zip code tabulation areas:
ZCTA 06375
Source: JobsEOQ®, http://www.chmuraecon.com/jobseq
Copyright © 2023 Chrmura Economics & Analytics, All Rights Reserved.
ZCTA 06385
a:
JOBSEQ
4
5 5

FAQ
What is a location quotient?
A location quotient (LQ) is a measurement of concentration in comparison to the nation. An LQ of 1.00 indicates
a region has the same concentration of an industry (or occupation) as the nation. An LQ of 2.00 would mean the
region has twice the expected employment compared to the nation and an LQ of 0.50 would mean the region
has half the expected employment in comparison to the nation.
What is separation demand?
Separation demand is the number of jobs required due to separations—labor force exits (including retirements)
and turnover resulting from workers moving from one occupation into another. Note that separation demand
does not include all turnover—it does not include when workers stay in the same occupation but switch
employers. The total projected demand for an occupation is the sum of the separation demand and the growth
demand (which is the increase or decrease of jobs in an occupation expected due to expansion or contraction of
the overall number of jobs in that occupation).
What is a cluster?
A cluster is a geographic concentration of interrelated industries or occupations. If a regional cluster has a
location quotient of 1.25 or greater, the region is considered to possess a competitive advantage in that cluster.
What is the difference between industry wages and occupation wages?
Industry wages and occupation wages are estimated via separate data sets, often the time periods being
reported do not align, and wages are defined slightly differently in the two systems (for example, certain
bonuses are included in the industry wages but not the occupation wages). It is therefore common that
estimates of the average industry wages and average occupation wages in a region do not match exactly.
What is NAICS?
The North American Industry Classification System (NAICS) is used to classify business establishments according
to the type of economic activity. The NAICS Code comprises six levels, from the “all industry” level to the 6-digit
level. The first two digits define the top level category, known as the “sector,” which is the level examined in this
report.
What is SOC?
The Standard Occupational Classification system (SOC) is used to classify workers into occupational categories.
All workers are classified into one of over 804 occupations according to their occupational definition. To
facilitate classification, occupations are combined to form 22 major groups, 95 minor groups, and 452
occupation groups. Each occupation group includes detailed occupations requiring similar job duties, skills,
education, or experience.
About This Report
This report and all data herein were produced by JobsEQ®, a product of Chmura Economics & Analytics. The information contained herein was obtained from sources we believe to be reliable,
However, we cannot guarantee its accuracy and completeness.
Source: JobsEQ®, http://www.chmuraecon.com/iobsea oe 16
6
Copyright © 2023 Chmura Economics & Analytics, All Rights Reserved. jossee

Southeastern Connecticut Enterprise Region
seCTer
19-B Thames Street » Groton, Connecticut 06340
860-437-4659 © Fax: 860-437-4662 © E-mail: seCTer@seCTer.org
SECTER
January 6, 2023
First Selectman
15 Rope Ferry Rd
Waterford 6385
Dear Sir or Madam,
As you plan Waterford’s 2023/2024 Municipal Budget, the Southeastern Connecticut Enterprise Region
(seCTer) is submitting its annual request of $8,806.95 to provide regional economic development,
commercial lending, procurement technical assistance,-smal] business development, data and grant writing
support. The rate, $0.45 per capita, reflects a ten-cent increase, which is the first since 2007. As of the 2020
U.S. Census, Waterford’s population was 19,571.
The requested rate increase amount is due to increase costs for labor, supplies, and subscriptions to economic
data services. seCTer uses these services when applying for funding for the region by providing detailed
demographics and economic conditions across the region. seCTer has the ability to provide this data to all
— municipalities and will be Jaunching a data portal for the region to provide easier access to all municipalities
and other constituents.
seCTer is the local, state and federally designated Economic Development Organization (EDO) for the
Economic Development District (EDD) of southeastern Connecticut. seCTer catalyzes growth and
prosperity throughout the EDD with a mission of making southeastern Connecticut stronger and more
vibrant by 2030. seCTer values supporting and making our clients and communities successful; our board
and staff being reflective of the clients we serve; our employees and rewarding integrity, teamwork,
innovation and excellence; collaborating with and being responsive to clients and partners; being
accountable fiscally and professionally to all stakeholders; advocating for our clients, our services, and our
community; and diversity and inclusiveness.
As a benefit to member municipalities such as Waterford, seCTer provides services to Waterford’s
residents, leaders, and existing and prospective businesses on an on-going basis. These services include,
but are not limited to: writing and implementing the five-year Comprehensive Economic Development
Strategy (CEDS) for the region, securing funding for targeted businesses, assistance to businesses to
procure government contracts, creating partnerships for businesses to capitalize on municipal and state
incentives, providing small business development, delivering data and grant writing guidance, and site
finding. seCTer is funded for these efforts, in part, by the U.S. Department of Commerce’s Economic
Development Administration (EDA). Waterford’s support leverages these federal dollars, including
additional CARES Act Recovery funding that allows seCTer to enhance the availability of custom
data, market the region, and facilitate pandemic recovery.
NL The Economic Development Organization for the Economic Development District of southeastern Connecticut

The 2023 - 2028 CEDS currently being developed serves as an ambitious and acountable framework for
sustained regional economic prosperity through collaboration and innovation. The updated CEDS will be
easily accessible on the seCTer website and interactive to draw specific economic and demographic data
pertaining to our regions municipalities.
seCTer’s Non-Traditional Small Business Lending program supports small- to mid-sized manufacturing,
fabricating, biotech, agro-tech and similar businesses in the region with available capital in its Revolving
Loan Funds (RLF). seCTer is pro-active in providing lending to businesses requiring financial aid,
including start-ups, by seCTer directly and with lending partnerships. seCTer continues to work closely
with the state’s Department of Economic and Community Development (DECD), EDA, and the U.S. Small
Business Administration (SBA), to facilitate newly introduced loan and grant programs to small businesses
in the region. seCTer recently received an additional $2 million award through the EDA’s CARES
Act Recovery fund bringing total funding available to $6 million. to assist the EDD’s small businesses
with pandemic recovery. seCTer has available capital to lend and is actively working to expand its lending
options. Note that businesses from member municipalities receive preferred access to lending funds and a
reduction in loan application fees.
seCTer also participates in the CT Small Business Boost Fund which provides low interest loans to existing
businesses. Launching this year will be seCTerRise which will provide seed and growth funding to
businesses in the region. These funds will not be loans and are accompanied with technical assistance so
that businesses have the resources needed to succeed. Annually, for the next five years, seCTer will provide
to businesses in the region up to $700,000.00. It is more than likely a business in Waterford will access
these funds.
seCTer’s Connecticut Procurement Technical Assistance Center (CT PTAC) operates a statewide
program that has assisted thousands of Connecticut businesses to successfully prepare for and win local,
state and federal government contracts. In it’s program year ending August 31, 2022, CT PTAC served 102
companies in the region that resulted in more than $32 million in governement contracts for those
businesses. CT PTAC is funded by DECD and the U.S. Department of Defense’s Defense Logistics Agency
(DLA). This program is especially vital towards helping our region’s businesses take advantage of
opportunities presented by the unprecedented growth in our local defense industry. CT PTAC’s services
are provided at no charge.
seCTer is available to assist in municipal grant applications that forward economic development in the
region, particularly those consistent with CEDS goals and action items, and issues letters of support to
strengthen grant applications where appropriate. seCTer also provides data profiles for member
municipalities which elevate grant proposals for a higher chance of success. This data presentation can be
customized to the specific goals of the grant proposal.
Through its statewide partnerships, seCTer supports business retention, expansion and attraction by
connecting business leaders with potential sites throughout the region. In addition, seCTer can create data
profiles for businesses seeking growth opportunities in your municipality. Regionally, seCTer staff sit on
local boards and committees to further the goals of the CEDS. SeCTer is currently creating a regional
prospectus that will inform investors, whether internal or external, on the benefits of southeastern CT’s
business climate and quality of life.
Since seCTer’s regional focus benefits all residents, seCTer will serve each of Waterford’s residents.
Municipal support continues to be particularly essential in maintaining seCTer’s economic development
programming and leverages federal funding. Sustaining Waterford’s financial contribution of $8,806.95
The Economic Development Organization for the Economic Development District of southeastern Connecticut

and is critical in developing and expanding assistance to economic development officials and volunteers
throughout the region, including Waterford. .
This past year, seCTer gave direct assistance to Waterford in the following ways:
Lending:
e Provided ongoing pre and post application technical assistance to area businesses
e Secured additional lending funds through EDA for Equity RLF to assist businesses in distressed
communities
° Participating in CT Small Business Boost Fund providing below-market interest rate loans
CT PTAC:
® Assisted 5 local business clients
e Provided 13 hours of procurement technical assistance counseling
e Received client satisfaction survey score from local clients of 4.56 (5.0 maximum score)
¢ $19.1 million in contract awards to local businesses through PTAC engagements
Economic Development:
* Increased loan funding capacity to assist businesses expand
* Received award for seCTerRise which will support businesses with seed and growth funding
* Increasing economic development capacity by adding a Business Retention and Expansion Specialist
and Business Technical Assistance Provider positions to serve the region
Adding entrepreneurship and small business regional programming to help emerging businesses
Continued development of 5-year CEDS update
Addition of economic development data analysis tools to serve the region; Licensing of an online
platform to help promote the region’s quality of life and economic competitiveness; Launch of regional
resiliency assessment through the development of initial economic shock impact survey
seCTer’s Fiscal Year 2022 Annual Report is included with this request and also available on our website
at www.seCTer.org.
seCTer’s staff and board of directors welcome your participation in all of seCTer’s programs, and are
similarly eager to support your programming and initiatives wherever appropriate. Staff will engage with,
and offer assistance to, municipal members and industry associations with leadership in new initiatives,
market research, small business development, funding, site selection and other economic development
activities. We are available to discuss our programs in person or virtually with your municipal leaders, city
commissions or finance board, and invite you to call us to arrange for a meeting with any or all of these
groups. We appreciate your past and continued support and thank you for your assistance in furthering this
vital public-private partnership.
Sincerely,
Pau! Whitescarver
Executive Director
pwhitescarveri@secter.org
(860) 437-4659 X201
_ The Economic Development Organization for the Economic Development District of southeastern Connecticut

“if
i
Economic Development Commission
December 8, 2022
p. lofi
December 8, 2022
WATERFORD TOWN HALL
MEMBERS PRESENT: Edward Lusher, Chairman, Lesley Sollima, Guy Russo, Edwar
Greg Attanasio
MEMBERS ABSENT: None
ALTERNATES PRESENT: Cathryn Gonyo,
ALTERNATES ABSENT: — Julie Greco
STAFF PRESENT: Mark Wujtewicz, Planner,
1. CALL TO ORDER/APPOINTMENT OF ALTERNATES
A quorum was established and E. Lusher called the meeting to order at 5:00 pm.
2. APPROVAL OF MINUTES - November 10, 2022 Meeting
MOTION: Motion made by E. Lusher, seconded by G. Russo, to approve the minutes
of the November 10, 2022 meeting.
VOTE: 3-0
3. REVIEW OF SMALL BUSINESS GRANT AWARD STATUS:
| M. Wujtewicz updated the Commission on the grant awards. He stated that the checks have
been after all of the awardees had submitted the required paperwork. He noted that the
Commission had a series of follow-up questions and notes on potential areas of improvement
that were generated by BR Visionary Consulting for the Commission to consider when
implementing the second cohort of the grant. The Commission will review and discuss the
items at the next EDC meeting in January.
4. REVIEW OF THE PROPOSED 2024 BUDGET
The Commission reviewed the Fiscal Year 2024 draft budget that was given to them at the
previous meeting.
MOTION: Motion made by E. Aledia and seconded by G. Attanasio to approve the
draft FY 2024 Economic Development Commission budget.
VOTE: 5-0
5. ADJOURNMENT
. MOTION: Motion made by G. Attanasio and seconded by L. Sollima to adjourn the
meeting at 5:50.
VOTE: 5-0
wy, “aig x“
Mark a
Planner

( oo
TOWN OF wATERFORD
GENERAL FUND
2023 - 2024 PROPOSED BUDGET
\
Lu
DEPT/AGENCY: 10114 CONSERVATION COMMISSION
[SERVICES
52010 [ADVERTISING 1,105 1,500 1,500 1,500
52020 __ [POSTAGE 84 125 125 125
52030 __ |PROFESSIONAL SERVICES 0 3,500 3,500 3,500
52031 __ [PLANNING SERVICES 12,000 12,000 12,000 12,000
52050 |DUES, CONF. & EDUC. 275 600 600 600
52060__ [PRINTING 0 25
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
GjOlo|[ocjajajo
MATERIALS & SUPPLIES
53020 OTHER SUPPLIES
500
500!

_ TOWN OF WATERFORD |
FY2024 BUDGET REQUEST
K Conservation Commission
FY 2023/24 PROPOSED CONSERVATION COMMISSION BUDGET
The Waterford Conservation Commission serves as the Inland Wetlands Agency; reviewing applications,
issuing permits and enforcing activities affecting inland wetlands and watercourses in accordance with
the Waterford Inland Wetlands and Watercourses regulations and CT General Statutes 22a-36 through
22a-45. The Conservation Commission also carries out the statutory responsibilities of a municipal
Conservation Commission, maintaining a survey of natural resources, reviewing land use proposals and
making recommendations to other Boards and Agencies on natural resource identification and
protection, and Open Space preservation.
The Conservation Commission conducted 19 regularly scheduled meetings and rendered decisions on 13
applications to conduct activities in and adjacent to inland wetlands and watercourses. Meetings were
conducted virtually via ZOOM from July 2021 through February 2022 after which in-person meetings were
resumed. Inland Wetland permits authorized the disturbance of 0.295 acres of wetland, of which 0.293
acres were restored.
co FEES — Application Fees Generated from Inland Wetland Permit Applications
Fiscal year Total Fees Collected
FY 2018/2019 S 250
FY 2019/2020 S$ 1,100
FY 2020/2021 S 800
FY 2021/2022 S 500
FY 2022/2023 -4 month . $ 700
The Waterford Conservation Commission requires an additional fee when public hearings are required.
The fee off-sets the cost for the two legal notices of public hearing required by State statute.

FY2024 BUD
Conservation Commission
BUDGET REQUEST SUMMARY
Line Description FY23/24 AMOUNT
52010 Advertising S 1,500
52020 Postage S 125
52030 Professional Services S 3,500
52031 Planning Services $ 12,000
52050 Dues, Conferences & Education S 600
52060 Printing S 25
53020 - Other Supplies $ 500
= ‘Conservation Commission Total Request $ 18,250
KN. This is the same amount approved for the FY 2022/ 23 budget.
ADVERTISING LINE 10114-52010 $ 1,500 REQUESTED
The advertising account covers the cost of all legal notice requirements required by State statute. This
includes publication of notices of public hearings, enforcement orders and notices of decision on all
Commission inland wetland agency actions. Advertisements for public hearings and decisions of the
Commission are required to be published in a newspaper having general circulation in Waterford. To
off-set publication costs, the Commission requires an additional fee of $400.00 when a public hearing is
required for the legal notices. The costs for legal notices of decision placed in The Day newspaper
increased in 2021.
The requested amount is consistent with that approved for the previous fiscal year.
POSTAGE LINE 10114-52020 $ 125 REQUESTED
Postage expenditures include certified letter mailings required for notice of Commission decisions on
applications and for enforcement proceedings, correspondence to Town residents, and referrals to
municipal, State and Federal agencies.
The requested budget amount is consistent with that approved for the prior year.

‘TOWN OF WATERFORD —
FY2024 BUDGET REQUEST
Conservation Commission
PROFESSIONAL SERVICES LINE 10114-52030 $ 3,500 REQUESTED
The professional services account is used to obtain professional technical reviews, retain expert
witnesses, chemical laboratory analyses and other professional technical assistance unavailable at the
municipal or State level which are needed to conduct the duties of the inland wetlands agency and the
Conservation Commission. These services may include assisting the Commission with technical expert
rev