REVISED 9-11-2024 Board of Finance Regular Meeting Agenda & Backup Documents

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FIFTEEN ROPE FERRY ROAD   
WATERFORD, CT 06385-2886 
 
 
 
 
BOARD OF FINANCE 2025-2026 BUDGET REQUEST GUIDELINES  
 
 
DATE:  September, 2024 
 
BUDGET REQUESTS NOT ADEQUATELY PRESENTED OR JUSTIFIED MAY BE RETURNED, REDUCED, OR 
SIMPLY NOT APPROVED. 
 
SECTION A:  GENERAL INSTRUCTIONS 
 
All Town departments, boards, commissions and agencies are directed to use the following 
guidelines, attachments, and forms in the preparation of your Fiscal Year 2025-2026 budget.   
 
1. Every budget line item should be justified and explained to the maximum extent possible.  
The amount requested should not be a percentage increase from the previous year’s 
expenditure.  This includes detailed lists of all expenditures using, as a minimum, the previous 
24 months’ values.  For certain measurable items such as electricity, heat and gasoline, a 
minimum of 24 months of history should be disclosed to justify the volume of units used in 
calculating the need for FY2026. Please include the number of units being used to calculate 
your 2026 budget request.  If anomalies exist causing the 24-month historical use to be 
inaccurate, do not use it; however, please include an explanation on how the proposed 
budgeted amount was calculated.    
 
When applicable and measurable, please report metrics which reflect the level of service 
being provided annually by your department, examples as per below. 
 
• Number of Personal Contacts (Rec & Park, Youth & Family, Seniors, Library) 
• Number and Type of Responses (Fire and Police) 
• Measures of Foot Traffic (Town Hall Offices) 
 
These are types of indicators which will help justify requested budgets and changes from year-
to year.  
 
2. Comparisons to prior year budgets should be based on what was appropriated by the RTM, 
(i.e. do not include mid-year appropriations).  Be sure to identify any new cost items that have 
not appeared in earlier budgets. 
 
3. To ensure purchase quality, provide consistency and to determine appropriate costs for each 
item, all budget requests for the purchase of any equipment or supplies MUST be reviewed by 

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the Director of Finance or the Purchasing Agent in the Finance Director’s absence. When 
possible, similar equipment will be purchased for all departments to save costs for 
maintenance and supplies.  
 
All equipment must be budgeted under the equipment line and not under other lines (i.e. 
other supplies or maintenance of vehicles, etc.). 
 
4. Provide a detailed breakdown of all service contracts and maintenance & repair costs. These 
shall be reviewed with the Director of Finance or Purchasing Agent to ascertain if cost savings 
can be achieved by servicing similar equipment from many departments under one bill with 
prorated costs.  In addition, all such budget requests MUST be reviewed by either of these 
individuals to ensure all costs are consistent and appropriate.  Maintenance and Service 
contracts related to IT and Software & Hardware will be budgeted within the Information 
Technology Budget.  Please ensure your requests are forwarded the IT Manager to ensure 
they are included in the IT Budget Proposal. 
 
5. Personnel budgets for each department are established based on the number and 
classification of employees disclosed at the budget hearings.  Department heads must provide 
explanation for variance(s) between the annual personnel survey report provided by the 
Human Resources Director and the budgeted personnel count.  Transfer of funds from one 
51000 series line item to another for the purpose of creating additional positions or change of 
classification requires prior approval by the Personnel Review Board.  Departments Heads 
must disclose the assignment of any costs associated with re-assignment of personnel outside 
of their normal work function.  Please attach a detailed listing of positions under each 
category (i.e. administration).  Finance will provide Department Heads with information for 
your personnel budgets (i.e. salary, fringe benefits, etc.); however, finance staff will work with 
Department Heads to calculate overtime and other hours for specific departments. 
 
As detailed in #9, if a position is to be funded through a grant, the budget request must 
include the name of the grant, amount of grant funds requested and the total cost of the 
position if the grant award is not received. 
 
6. Provide a detailed listing of specific dues, conferences and other educational expenses and a 
rationale for this need.  These costs must be disclosed within this classification and not 
included under Training.  The Training Line Item must be restricted to mandated or required 
training only. 
 
• Provide a five-year history of mandatory training 
• Describe the changes year-to-year as the schedule requires  
 
7. Accounts with a $1 budgeted will be zeroed out and removed.  If funds are needed in a 
zeroed out account, a transfer request can be submitted with justification. 
8. A certified audit report of all funds appropriated during the last completed fiscal year should 
be supplied by public health nurses, Ledge Light Health District, seCTer, library and social 
service agencies.  Requests should also include a reporting of total Waterford residents 
serviced. 
 

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9. Any organization that receives funds from source(s) other than the Town or anticipates 
receiving funds from source(s) other than the Town is requested to disclose the source(s), 
amount received/anticipated and how those funds are or will be used.  Any organization that 
receives funding from outside sources and does not disclose those sources is required to 
provide an explanation.  For each source of funding please provide the amount received in the 
previous fiscal year, the amount received or expected in the current fiscal year and any 
amount expected in the next fiscal year, including grants.  In addition, for grant funds, include 
the line item from which the funds were expended, as well as a projection of anticipated grant 
funds for the next fiscal year. 
 
• The Utility Commission must provide a copy of its Sewer Enterprise Fun’s current fiscal 
year operating budget and its projected operating budget for Fiscal Year 2025-2026. 
 
10. Director of Fire Services is requested to provide a summary by line item for each company.   
Individual fire company allocations should be detailed in each fire services account line.  A 
summary by account number for each fire company should be included at the end of the 
budget request. 
 
11. The Youth and Family Services Bureau, Recreation and Park Department and the Senior 
Citizens Commission are expected to provide a summary of the past, current and projected 
size of each program and any revenue vs. cost information associated with fee based 
programs.  Provide a 3-year history of all programs offered but were subsequently cancelled 
and provide the reason for the cancellation. 
 
12. The Youth and Family Services Bureau, Recreation and Park Department and the Senior 
Citizens Commission shall provide a full accounting report for any grants, donations or special 
revenue received from sources other than the Town of Waterford for Fiscal Year 2023-2024 
and current data on Fiscal Year 2024-2025.  Said reports MUST be attached to the department 
Fiscal Year 2026 budget request. 
 

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SECTION B - FINANCE DEPARTMENT INSTRUCTIONS 
 
1. Review your schedule of fees charged, providing the rationale for those amounts.  Please 
report your revenues on the Schedule of Revenue.  This form should be used to report 
General Fund revenue only. 
 
2. Personnel costs for general government employees covered by expired or expiring union 
contracts will be calculated at the rate in effect at the expiration of the current contract.  
For budget purposes, finance will use 261 workdays/52.2 weeks (Monday-Friday) for 
calculating payroll figures for fiscal year 2025-2026. 
 
3. Calculate mileage reimbursement at 67.0 cents per mile (2024 IRS standard mileage rate).   
 
4. Calculate unleaded gasoline as follows. 
*Rates will be distributed as soon as available.  Currently negotiating FY26 pricing.  Please 
use current rates of $2.7648 per gallon. 
 
5. Calculate heating oil and diesel as follows:   
 
Ultra Low Sulfur Diesel Fuel;  
TBD per gallon (summer blend)  
Ultra Low Sulfur Diesel Fuel:  
TBD per gallon (winter blend)  
#2 Heating Oil  
 
 
TBD per gallon  
 
*Rates will be distributed as soon as available.  Currently negotiating FY26 pricing. Please 
use current rates of $2.7648/gallon (heating oil) and $2.7392/gallon (diesel). 
 
6. The Finance Office will provide all standard office supplies. (Only those supplies that are 
unique to your department needs and not available through the Finance Office should be 
reflected in your budget request.)  A list of standard office supplies provided by the Finance 
Office can be found on the “T” Drive in the Purchasing Folder for your reference.  Office 
furniture and equipment are not consumables and must be budgeted in department 
budgets. 
 
7. The Finance Office will provide black and white printing unless your requirement is unusual.  
Check with the Purchasing Agent before budgeting for any printing.  All color printing must 
be budgeted within your department’s operating budget at a rate of $.05 per page.     
 
8. Include a brief functional statement of the duties and responsibilities of your agency and 
submit the budget summary worksheet for your department.  This summary should include 
a list of any Connecticut statutes relating to the individual department.  A budget format 
template (MsWord) and budget worksheet template (Excel) can be found on the “G” 
Drive/Budget 2025-2026.  There are tabs along the bottom of the workbook for each 
department.  All budgets and supporting documentation must be submitted on 8 ½ x 11 
paper only.  If that drive is not available to your office, please contact the Finance Office as 
soon as possible.  Only these forms will be accepted.  Please do not submit PDF files or 
forms. 
 

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9. Any amounts proposed to be expended for gifts associated with illness, retirement, special 
personnel events or achievements, etc. must be submitted to the First Selectman with 
justification for inclusion in the Board of Selectmen’s budget.  Traditional employee 
performance awards and citations are permissible through departmental budgets but must 
be described in your budget justification. 
 
10. Any department with employees covered under the GGA Contract or Non-Union 
Management Professionals whose sick time will exceed the maximum accrual allowed by 
the GGA Contract, must budget the value of the estimated overage under Fringe Benefits 
by individual calculated as follows: 
 
Current hourly rate of pay - (employee’s annual salary on their anniversary date 
divided by 2080 hours) times 50% of the numbers of hours over the maximum (175 
days) if hired prior to July 1, 2006.  This amount will be deposited into the employee’s 
HRA. 

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SECTION C – ADDITIONAL BUDGET INSTRUCTIONS 
 
It is recognized that much work goes into the preparation of your budgets and your efforts and 
cooperation are acknowledged and appreciated.  Budget request pages should be numbered and all 
graphs should be submitted in color. 
 
Please email your budget documents to Kim Allen, kallen@waterfordct.org no later than the close of 
business on December 13, 2024.  Budgets should be emailed in their original format.  PDF files will 
not be accepted.  Budgets that require commission approval should include a copy of the meeting 
minutes that show the commission’s vote to approve the FY25 budget request. 
 
If you are unable to email your budget, please send two copies of your final budget to the Finance 
Office no later than close of business on December 14, 2024.  Your budget must be single-sided, 
indexed, paginated and submitted without staples.  You must be in attendance for your budget 
review session in accordance with the attached schedule.    
 
Glenn Patterson, Chairman 
Board of Finance 
 
 
 
Attachments: 
• Schedule of Revenues (general and special fund) 
• Budget Workbook – Department 
• Uniform Budget Forms 
• Personnel-Fringe Benefit Template 
(These documents are also available on the ‘G’ Drive/Budget 2025-2026) 


 
 
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West Hartford, CT 06107 
 
phone 860‐561‐4000  fax 860‐521‐9241 
claconnect.com 
 
August 12, 2024 
To the Board of Finance 
Town of Waterford, Connecticut 
 
We are engaged to audit the financial statements of the governmental activities, the business‐type 
activities each major fund, and the aggregate remaining fund information of the Town of Waterford, 
Connecticut as of and for the year ended June 30, 2024. Professional standards require that we 
communicate to you the following information related to our audit. We will contact you to schedule a 
meeting to discuss this information since a two‐way dialogue can provide valuable information for the 
audit process. 
Our responsibility under Auditing Standards Generally Accepted in the United States of America, 
Government Auditing Standards, and Title 2 U.S. Code of Federal Regulations Part 200, Uniform 
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and the 
Connecticut State Single Audit Act 
Financial statements, internal control, and compliance 
We will conduct our audit in accordance with auditing standards generally accepted in the United States 
of America (U.S. GAAS); the standards for financial audits contained in Government Auditing Standards, 
issued by the Comptroller General of the United States; audit requirements of Title 2 U.S. Code of 
Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit 
Requirements for Federal Awards (Uniform Guidance); and the Connecticut State Single Audit Act (State 
Single Audit). Those standards require us to be independent of the entity and to meet our other ethical 
responsibilities, in accordance with the relevant ethical requirements relating to our audit. Those 
standards also require that we exercise professional judgment and maintain professional skepticism 
throughout the planning and performance of the audit. As part of our audit, we will: 
 
Identify and assess the risks of material misstatement of the financial statements and material 
noncompliance, whether due to fraud or error, design and perform audit procedures responsive 
to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for 
our opinions. The risk of not detecting a material misstatement or a material noncompliance 
resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, 
forgery, intentional omissions, misrepresentations, or the override of internal control. 
 
Obtain an understanding of internal control relevant to the audit in order to design audit 
procedures that are appropriate in the circumstances, but not for the purpose of expressing an 
opinion on the effectiveness of the entity's internal control. However, we will communicate to 
you in writing any significant deficiencies or material weaknesses in internal control relevant to 
the audit of the financial statements that we identify during the audit that are required to be 
communicated under U.S. GAAS and Government Auditing Standards. 
 

August 12, 2024 
Town of Waterford, Connecticut 
Page 2 
 
 
Evaluate the appropriateness of accounting policies used and the reasonableness of significant 
accounting estimates made by management, as well as evaluate the overall presentation of the 
financial statements, including the amounts and disclosures, and whether the financial 
statements represent the underlying transactions and events in a manner that achieves fair 
presentation. 
 
Conclude, based on the audit evidence obtained, whether there are conditions or events, 
considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as 
a going concern for a reasonable period of time. 
 
Form and express opinions about whether the financial statements prepared by management 
with your oversight are fairly presented, in all material respects, in conformity with accounting 
principles generally accepted in the United States of America.  
 
Plan and perform the audit to obtain reasonable assurance about whether the financial 
statements as a whole are free from material misstatement. Reasonable assurance is a high 
level of assurance but is not absolute assurance and therefore is not a guarantee that an audit 
conducted in accordance with U.S. GAAS and the standards for financial audits contained in 
Government Auditing Standards will always detect a material misstatement when it exists. 
Misstatements, including omissions, can arise from fraud or error and are considered material if 
there is a substantial likelihood that, individually or in the aggregate, they would influence the 
judgment made by a reasonable user based on the financial statements. 
 
Perform, as part of obtaining reasonable assurance about whether the financial statements as a 
whole are free from material misstatement, tests of the entity’s compliance with provisions of 
laws, regulations, contracts, and grant agreements that have a material effect on the financial 
statements. However, the objective of our tests is not to provide an opinion on compliance with 
such provisions and we will not express such an opinion in our report on compliance issued 
pursuant to Government Auditing Standards. 
 
Provide a report (which does not include an opinion) on internal control over financial reporting 
and on compliance with the provisions of laws, regulations, contracts, and grant agreements, 
noncompliance with which could have a material effect on the financial statements, as required 
by Government Auditing Standards.  
 
Obtain an understanding of internal control over compliance relevant to the audit in order to 
design audit procedures that are appropriate in the circumstances and to test and report on 
internal control over compliance, but not for the purpose of expressing an opinion on the 
effectiveness of the entity's internal control over compliance. However, we will communicate to 
you in writing any significant deficiencies or material weaknesses in internal control over 
compliance that we identify during the audit that are required to be communicated. 
 
Plan and perform the audit to obtain reasonable assurance about whether material 
noncompliance with the applicable compliance requirements occurred. Reasonable assurance is 
a high level of assurance but is not absolute assurance and therefore is not a guarantee that an 

August 12, 2024 
Town of Waterford, Connecticut 
Page 3 
 
audit conducted in accordance with U.S. GAAS, Government Auditing Standards, the Uniform 
Guidance and the State Single Audit Act will always detect material noncompliance when it 
exists. Material noncompliance can arise from fraud or error and is considered material if there 
is a substantial likelihood that, individually or in the aggregate, it would influence the judgment 
made by a reasonable user of the report. 
 
Perform tests of controls over compliance to evaluate the effectiveness of the design and 
operation of controls that we consider relevant to preventing or detecting material 
noncompliance with the direct and material compliance requirements applicable to each major 
federal or state award program. However, our tests will be less in scope than would be 
necessary to render an opinion on those controls and, accordingly, no opinion will be expressed 
in our report on internal control issued pursuant to the Uniform Guidance and the State Single 
Audit. 
 
Consider internal control over compliance with requirements that could have a direct and 
material effect on a major federal or state program in order to determine our auditing 
procedures for the purpose of expressing our opinion on compliance and to test and report on 
internal control over compliance in accordance with the Uniform Guidance and the State Single 
Audit. 
 
Perform tests of transactions and other applicable procedures described in the “OMB 
Compliance Supplement” and the “Compliance Supplement to the State Single Audit” for the 
types of compliance requirements that could have a direct and material effect on each of the 
entity’s major programs. The purpose of these procedures will be to express an opinion on the 
entity’s compliance with requirements applicable to each of its major programs in our report on 
compliance issued pursuant to the Uniform Guidance and the State Single Audit. While our audit 
will provide a reasonable basis for our opinion, it will not provide a legal determination on the 
entity’s compliance with those requirements. 
 
Provide a report on internal control over compliance related to major programs and express an 
opinion (or disclaimer of opinion) on compliance with federal and state statutes, regulations, 
and the terms and conditions of federal or state awards that could have a direct and material 
effect on each major program in accordance with the Uniform Guidance and the State Single 
Audit. 
 
Communicate significant matters related to the financial statement audit that are, in our 
professional judgment, relevant to your responsibilities in overseeing the financial reporting 
process. However, we are not required to design procedures specifically to identify such 
matters. 
 
Communicate circumstances that affect the form and content of the auditors’ report. 
Our audit of the financial statements does not relieve you or management of your responsibilities. 
 

August 12, 2024 
Town of Waterford, Connecticut 
Page 4 
 
Supplementary information in relation to the financial statements as a whole 
Our responsibility for the schedule of expenditures of federal awards (SEFA) and the Schedule of 
Expenditures of State Financial Assistance (SESFA) accompanying the financial statements, as described 
by professional standards, is to evaluate the presentation of the SEFA and the SESFA in relation to the 
financial statements as a whole and to report on whether the SEFA and the SESFA are fairly stated, in all 
material respects, in relation to the financial statements as a whole. We will make certain inquiries of 
management and evaluate the form, content, and methods of preparing the SEFA and the SESFA to 
determine whether the SEFA and the SESFA complies with the requirements of the Uniform Guidance 
and the State Single Audit, respectively, the method of preparing the schedules has not changed from 
the prior period, and the SEFA and the SESFA is appropriate and complete in relation to our audit of the 
financial statements. We will compare and reconcile the SEFA and the SESFA to the underlying 
accounting records used to prepare the financial statements or to the financial statements themselves.  
Because we were engaged to report on the supplementary information accompanying the financial 
statements, our responsibility for other supplementary information accompanying the financial 
statements, as described by professional standards, is to evaluate the presentation of the 
supplementary information in relation to the financial statements as a whole and to report on whether 
the supplementary information is fairly stated, in all material respects, in relation to the financial 
statements as a whole. We will make certain inquiries of management and evaluate the form, content, 
and methods of preparing the information to determine whether the information complies with 
accounting principles generally accepted in the United States of America, the method of preparing it has 
not changed from the prior period, and the information is appropriate and complete in relation to our 
audit of the financial statements. We will compare and reconcile the supplementary information to the 
underlying accounting records used to prepare the financial statements or to the financial statements 
themselves.  
Required supplementary information 
With respect to the required supplementary information (RSI) accompanying the financial statements, 
we will make certain inquiries of management about the methods of preparing the RSI, including 
whether the RSI has been measured and presented in accordance with prescribed guidelines, whether 
the methods of measurement and preparation have been changed from the prior period and the 
reasons for any such changes, and whether there were any significant assumptions or interpretations 
underlying the measurement or presentation of the RSI. We will compare the RSI for consistency with 
management’s responses to the foregoing inquiries, the basic financial statements, and other 
knowledge obtained during the audit of the basic financial statements. Because these limited 
procedures do not provide sufficient evidence, we will not express an opinion or provide any assurance 
on the RSI. 
Use of financial statements 
Our auditors’ opinions, the audited financial statements, and the notes to financial statements should 
only be used in their entirety. Inclusion of the audited financial statements in a document you prepare, 
such as an annual report, should be done only with our prior approval and review of the document. You 
are responsible to provide us the opportunity to review such documents before issuance. 
 

August 12, 2024 
Town of Waterford, Connecticut 
Page 5 
 
Other information included in annual reports 
It is our understanding that our auditors’ report will be included in your annual report which is 
comprised of the Annual Comprehensive Financial Report and that your annual report will be issued by 
December 31, 2024. Management is responsible for the preparation of other information included in 
your annual report and for providing such information to us in a timely manner, and if possible, prior to 
the date of our auditors’ report. Our responsibility for other information included in your annual report 
does not extend beyond the financial information identified in our opinions on the financial statements. 
We have no responsibility for determining whether such other information is properly stated and do not 
have an obligation to perform any procedures to corroborate other information contained in your 
annual report. We are required by professional standards to read the other information and consider 
whether a material inconsistency exists between the other information and the financial statements 
because the credibility of the financial statements and our auditors’ report thereon may be undermined 
by material inconsistencies between the audited financial statements and other information. If 
management refuses to correct a material misstatement of the other information, professional 
standards require us to communicate the matter to you. If, based on the work performed, we conclude 
that an uncorrected material misstatement of the other information exits, we are required to describe it 
in our report.    
Planned scope and timing of the audit 
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the 
financial statements; therefore, our audit will involve judgment about the number of transactions to be 
examined and the areas to be tested. 
Our audit of the financial statements will include obtaining an understanding of the entity and its 
environment, including internal control, sufficient to assess the risks of material misstatement of the 
financial statements and to design the nature, timing, and extent of further audit procedures. Material 
misstatements may result from (1) errors, (2) fraudulent financial reporting, (3) misappropriation of 
assets, or (4) violations of laws or governmental regulations that are attributable to the entity or to acts 
by management or employees acting on behalf of the entity. We will generally communicate our 
significant findings at the conclusion of the audit. However, some matters may be communicated 
sooner, particularly if significant difficulties are encountered during the audit where assistance is 
needed to overcome the difficulties or if the difficulties may lead to a modified opinion. We will also 
communicate any internal control related matters that are required to be communicated under 
professional standards.  
Although our audit planning has not been concluded and modifications may be made, we have 
identified the following significant risk(s) of material misstatement as part of our audit planning:  
 
Management override of controls 
As a result of unexpected events, changes in conditions, or the audit evidence obtained from the results 
of audit procedures performed, we may need to modify the overall audit strategy and audit plan and, 
thereby, the resulting planned nature, timing, and extent of further audit procedures, based on the 
revised consideration of assessed risks.  

August 12, 2024 
Town of Waterford, Connecticut 
Page 6 
 
We expect to begin our audit on approximately June 26th, 2024 and issue our report on approximately 
December 31st 2024. 
Other planning matters  
Recognizing the importance of two‐way communication, we encourage you to provide us with 
information you consider relevant to the audit. This may include, but is not limited to, the following 
items: 
 
Your views about the following matters:  
o The appropriate person(s) in the entity's governance structure with whom we should 
communicate. 
o The allocation of responsibilities between those charged with governance and 
management. 
o The entity's objectives and strategies and the related business risks that may result in 
material misstatements. 
o Matters you believe warrant particular attention during the audit and any areas for 
which you request additional procedures to be undertaken.  
o Significant communications between the entity and regulators. 
o Other matters you believe are relevant to the audit of the financial statements. 
 
The attitudes, awareness, and actions of those charged with governance concerning (a) the 
entity's internal control and its importance in the entity, including how those charged with 
governance oversee the effectiveness of internal control, and (b) the detection or the possibility 
of fraud.  
 
The actions of those charged with governance in response to developments in law, accounting 
standards, corporate governance practices, and other related matters, and the effects of such 
developments on, for example, the overall presentation, structure, and content of the financial 
statements, including the following: 
o The relevance, reliability, comparability, and understandability of the information 
presented in the financial statements. 
o Whether all required information has been included in the financial statements, and 
whether such information has been appropriately classified, aggregated or 
disaggregated, and presented. 
 
The actions of those charged with governance in response to previous communications with the 
auditor. 

August 12, 2024 
Town of Waterford, Connecticut 
Page 7 
 
 
Your understanding of the risks of fraud and the controls in place to prevent and detect fraud, 
including your views on the following matters: 
o The “tone at the top” conveyed by management. 
o How and how often you review the entity’s policies on fraud prevention and detection. 
o If a fraud hotline is in place, how it is monitored and how you are notified of allegations 
or concerns. 
o How you exercise oversight of management’s processes for identifying and responding 
to the risks of fraud and the programs and controls management has established to 
mitigate those risks. 
o The risks of fraud at the entity, including any specific fraud risks the entity has identified 
or account balances, classes of transactions, or disclosures for which a risk of fraud may 
be likely to exist. 
o Examples of fraud‐related discussions management has had with you. 
o Any actual or suspected fraud affecting the entity or its federal or state award programs 
that you are aware of, including measures taken to address the fraud.  
o Any allegations of fraud or suspected fraud (e.g., received in communications from 
employees, former employees, grantors, regulators, or others) that you are aware of. 
o Any knowledge of possible or actual policy violations or abuses of broad programs and 
controls occurring during the period being audited or the subsequent period. 
o Any accounting policies or procedures applied to smooth earnings, meet debt 
covenants, minimize taxes, or achieve budget, bonus, or other financial targets that you 
are aware of; and whether you are aware of any accounting policies that you consider 
aggressive. 
 
How you oversee the entity’s (1) compliance with laws, regulations, and provisions of contracts 
and grant agreements, (2) policies relative to the prevention of noncompliance and illegal acts, 
and (3) use of directives (for example, a code of ethics) and periodic representations obtained 
from management‐level employees about compliance with laws, regulations, and provisions of 
contracts and grant agreements. 
 
Whether you are aware of any noncompliance with laws, regulations, contracts, and grant 
agreements, including measures taken to address the noncompliance. 
 
If the entity uses a service organization, your knowledge of any fraud, noncompliance, or 
uncorrected misstatements affecting the entity’s financial statements or federal or state award 
programs reported by the service organization or otherwise known to you. 

August 12, 2024 
Town of Waterford, Connecticut 
Page 8 
 
* * * 
This communication is intended solely for the information and use of the Board of Finance and 
management of Town of Waterford, Connecticut and is not intended to be, and should not be, used by 
anyone other than these specified parties. 
Sincerely, 
CliftonLarsonAllen LLP 
 
Vanessa E. Rossitto, CPA 
 
Vanessa E. Rossitto, CPA 
Principal 
860‐561‐6824 
Vanessa.Rossitto@CLAconnect.com 
 







Contributed Gifts Fund
July 31, 2024
R&P 
R&P 
R&P
R&P
FINANCE
POLICE
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
DEPT.
DEPT.
DEPT.
DEPT.
DEPT.
PUBLIC 
RODEO
GENERAL 
BENCHES
 MEMORIAL
DOG PARK
PLAYGROUND
MEMORIAL
TOY BOX
BOX
CEMETERY
AUDITORIUM
AUSTISM
VEHICLE
K-9
GENERAL 
PATCHES
SAFETY
FISCAL YEAR 2025
DONATIONS DONATIONS DONATIONS DONATIONS DONATIONS
DONATIONS
DONATIONS DONATIONS
DONATIONS
DONATIONS
A/V UPGRADE TRAINING  CHALLENGE
 PROGRAM DONATIONS
FUNDRAISER
 DOCK
TOTAL
REVENUES
REC & PARKS PLAYGROUND DONATIONS
$10,000.00
POLICE DEPT. GENERAL DONATIONS
$651.59
TOTAL REVENUES
$0.00
$0.00
$0.00
$0.00
$0.00
$10,000.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$651.59
$0.00
$0.00
$10,651.59
EXPENDITURES
07/30/24 PO # 250235 LETS CORP 
$4,995.00
TOTAL EXPENDITURES
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$4,995.00
$0.00
$0.00
$4,995.00
NET CURRENT YEAR ACTIVITY
$0.00
$0.00
$0.00
$0.00
$0.00
$10,000.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
($4,343.41)
$0.00
$0.00
$5,656.59
PRIOR YEAR BALANCE
$594.72
$129.60
($1,053.61)
$65.00
$760.97
$60,486.32
$1,140.00
$220.00
$8,310.00
$100.00
$151.00
$1,700.00
$780.11
$4,424.54
$13,239.38
$0.00
$7.04
$91,055.07
CURRENT YEAR BALANCE
$594.72
$129.60
($1,053.61)
$65.00
$760.97
$70,486.32
$1,140.00
$220.00
$8,310.00
$100.00
$151.00
$1,700.00
$780.11
$4,424.54
$8,895.97
$0.00
$7.04
$96,711.66
Page 1 of 1

GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED TO BUDGET
FOR FISCAL YEAR 2024-2025, THROUGH JULY 31, 2024
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2023-2024, THROUGH  JULY 31, 2023
FISCAL YEAR 2025
FISCAL YEAR 2025
VARIANCE
FISCAL YEAR
FISCAL YEAR 2025
FISCAL YEAR 2025
PERCENT
FAVORABLE
2023-2024
APPROPRIATED
ACTUAL
EXPENDED
(UNFAVORABLE)
ACTUAL
GENERAL GOVERNMENT
Board of Selectmen
$206,405
$12,214
5.92%
194,191
$11,882
Registrar of Voters
$96,525
$7,763
8.04%
88,762
$5,070
Board of Finance
$80,713
$77,037
95.45%
3,676
$65,089
Assessor
$287,213
$17,745
6.18%
269,468
$16,460
Board of Assessment Appeals
$1,742
$2
0.11%
1,740
$12
Tax Collector
$232,331
$40,771
17.55%
191,560
$34,264
Finance Department
$767,856
$153,695
20.02%
614,161
$150,743
Legal Department
$295,000
($454)
-0.15%
295,454
($735)
Town Clerk
$264,849
$39,426
14.89%
225,423
$12,703
Planning and Zoning
$686,543
$43,394
6.32%
643,149
$42,213
Building Maintenance
$895,824
$319,450
35.66%
576,374
$250,762
Insurance
$4,962,182
$1,763,093
35.53%
3,199,089
$1,334,227
Economic Development Commission
$25,267
$9,428
37.31%
15,839
$9,419
Conservation Commission
$18,250
$1,219
6.68%
17,031
$1,203
Zoning Board of Appeals
$4,310
2,960
68.68%
1,350
2,968
Retirement Commission
$7,760,257
$1,989,602
25.64%
5,770,655
$1,996,015
R.T.M.
$18,903
$12,852
67.99%
6,051
$12,852
Building Department
$326,532
$19,394
5.94%
307,138
$18,649
Youth Service Bureau
$294,579
$17,677
6.00%
276,902
$13,915
Social Service Grants/Miscellaneous
$98,960
$89,759
90.70%
9,201
$125,214
Contingency Fund
$265,000
0
0.00%
265,000
0
Emergency Management
$1,196,762
$81,421
6.80%
1,115,341
$53,179
Fire Services
$3,632,425
$1,103,401
30.38%
2,529,024
$966,598
Police Department
$7,015,644
$469,522
6.69%
6,546,122
$417,174
Public Works Department
$5,086,238
$1,648,954
32.42%
3,437,284
$1,249,724
Conservation of Health
$148,407
0
0.00%
148,407
0
Public Health Nursing
$26,297
26,297
100.00%
0
0
Senior Citizens Commission
$481,248
27,166
5.64%
454,082
28,547
Waterford Public Library
$1,006,837
$65,409
6.50%
941,428
$102,626
Page 1 of 2

GENERAL FUND
STATEMENT OF EXPENDITURES COMPARED TO BUDGET
FOR FISCAL YEAR 2024-2025, THROUGH JULY 31, 2024
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2023-2024, THROUGH  JULY 31, 2023
FISCAL YEAR 2025
FISCAL YEAR 2025
VARIANCE
FISCAL YEAR
FISCAL YEAR 2025
FISCAL YEAR 2025
PERCENT
FAVORABLE
2023-2024
APPROPRIATED
ACTUAL
EXPENDED
(UNFAVORABLE)
ACTUAL
Recreation and Parks
$1,480,330
$187,797
12.69%
1,292,533
$179,637
Flood and Erosion Control Bd.
$1,109
0
0.00%
1,109
0
Ethics Commission
$900
65
7.27%
835
47
Human Resources
$264,204
$95,664
36.21%
168,540
$88,228
Information Technology
$1,231,423
$300,534
24.41%
930,889
$499,919
Transfer to Waterford Special Activity Fund
$4,750
$4,750
100.00%
0
$4,750
Transfer to Waterford Shellfish Fund
$1,290
$1,290
100.00%
0
$4,134
Transfer to Capital Improvement Fund
$1,312,527
$1,312,527
100.00%
0
$2,402,902
Transfer to Capital & Non-Recurring Fund
$938,399
$938,399
100.00%
0
$281,250
Transfer to Dog Fund
$100,000
$100,000
100.00%
0
$100,000
Debt Service
$8,109,746
$2,328,200
28.71%
5,781,546
$2,176,825
Total General Government
$49,627,777
$13,308,424
26.82%
$36,319,353
$12,658,466
Board of Education
$57,611,181
$3,412,560
5.92%
54,198,621
$1,501,707
Total General Fund
$107,238,958
$16,720,983
15.59%
$90,517,975
$14,160,174
Page 2 of 2

TOWN OF WATERFORD
STATEMENT OF REVENUES COMPARED TO ANTICIPATED
FOR FISCAL YEAR 2024-2025, THROUGH JULY 31, 2024
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2023-2024, THROUGH  JULY 31, 2023
 
FAVORABLE
FISCAL
(UNFAVORABLE)
FISCAL
FISCAL
YEAR
FISCAL
FISCAL
YEAR
YEAR
2024-2025
YEAR
YEAR
2024-2025
2024-2025
PERCENT 2024-2025
2023-2024
BUDGET
ACTUAL
RECEIVED VARIANCE
ACTUAL
STATE OF CONNECTICUT
EDUCATION
EQUALIZED COST SHARING
$326,444
$0
0.00%
(326,444)
$0
HEALTH & WELFARE
$6,359
$0
0.00%
(6,359)
$0
SUB TOTAL
332,803
0
0.00%
(332,803)
0
GENERAL GOVERNMENT
PILOT-DISABLED
1,200
0
0.00%
(1,200)
$0
TIERED PILOT 
347,575
0
0.00%
(347,575)
$0
TAX RELIEF-VETERANS
5,000
0
0.00%
(5,000)
$0
CIVIL PREPAREDNESS
23,000
0
0.00%
(23,000)
$0
TELECOMMUNICATIONS PROPERTY TAX
58,071
0
0.00%
(58,071)
$0
TOWN AID ROADS-IMPROVED
321,360
160,680
50.00%
(160,680)
$160,680
LOCAL CAPITAL IMPROVEMENT (LOCIP)
177,479
0
0.00%
(177,479)
$0
SDE STATE GRANT
14,000
0
0.00%
(14,000)
$0
ENHANCEMENT 911
22,500
5,649
25.11%
(16,851)
$5,646
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
1,320,418
166,329
12.60%
(1,154,089)
166,326
TOTAL STATE OF CONNECTICUT
1,653,221
166,329
10.06%
(1,486,892)
166,326
OTHER SOURCES
EDUCATION
RENT & MISCELLANEOUS
1,500
0
0.00%
(1,500)
0
SUB TOTAL
1,500
0
0.00%
(1,500)
0
GENERAL GOVERNMENT
INTEREST & LIENS
381,744
29,515
7.73%
(352,229)
13,776
INTEREST ON INVESTMENTS
2,000,000
177,910
8.90%
(1,822,090)
150,567
RECREATION & PARKS
202,001
74,059
36.66%
(127,942)
123,250
FIRE SERVICES INSPECTIONS & PLAN FEES
7,320
3,620
49.45%
(3,700)
0
BUILDING INSPECTOR
530,591
55,618
10.48%
(474,973)
40,321
LICENSE, FEE, PERMIT, FINE
18,320
1,508
8.23%
(16,813)
1,654
LIBRARY
0
135
#DIV/0!
135
175

TOWN OF WATERFORD
STATEMENT OF REVENUES COMPARED TO ANTICIPATED
FOR FISCAL YEAR 2024-2025, THROUGH JULY 31, 2024
WITH COMPARATIVE ACTUAL AMOUNTS
FOR FISCAL YEAR 2023-2024, THROUGH  JULY 31, 2023
 
FAVORABLE
FISCAL
(UNFAVORABLE)
FISCAL
FISCAL
YEAR
FISCAL
FISCAL
YEAR
YEAR
2024-2025
YEAR
YEAR
2024-2025
2024-2025
PERCENT 2024-2025
2023-2024
BUDGET
ACTUAL
RECEIVED VARIANCE
ACTUAL
SALE OF EQUIPMENT
1,000
0
0.00%
(1,000)
0
BULKY WASTE FEES
112,000
12,264
10.95%
(99,736)
10,541
MISCELLANEOUS
50,000
1,972
3.94%
(48,028)
1,849
CONVEYANCE TAX
200,000
37,764
18.88%
(162,236)
27,964
EMS-REG COMM CTR FEES
6,000
0
0.00%
(6,000)
0
PLANNING& ZONING, ZBA, CONSRV COMM
55,980
3,376
6.03%
(52,604)
1,701
TOWN CLERK FEES
175,000
13,647
7.80%
(161,354)
12,247
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
10,000
0
0.00%
(10,000)
0
AMBULANCE OPERATING SUBSIDY
6,000
0
0.00%
(6,000)
0
YSB BOE CLERICAL STIPEND
5,000
0
0.00%
(5,000)
0
RENTAL OF BUILDINGS
50,000
9,779
19.56%
(40,221)
9,096
SENIOR SERVICES
10,198
4,563
44.74%
(5,635)
3,457
VERSA KART/BLUE BOXES
8,000
750
9.38%
(7,250)
900
PUBLIC WORKS BOE CUSTODIAL SUBSIDY
75,927
75,927
100.00%
0
73,218
SUB TOTAL
4,230,081
502,406
11.88%
(3,727,675)
470,716
TOTAL OTHER SOURCES
4,231,581
502,406
11.87%
(3,729,175)
470,716
PROPERTY TAXATION
CURRENT PROPERTY TAX
99,867,307
65,461,654
65.55%
(34,405,653) 64,536,461
PRIOR YEAR TAXES
486,849
12,856
2.64%
(473,993)
17,668
TOTAL PROPERTY TAXATION
100,354,156
65,474,509
65.24%
(34,879,647) 64,554,129
FUND BALANCE APPLIED
1,000,000
0
0.00%
(1,000,000)
0
TOTAL REVENUES
107,238,958
66,143,244
61.68%
(40,095,714) 65,191,171

TOWN OF WATERFORD
CAPITAL PROJECTS FUNDS
JULY 31, 2024
 
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, 2024
  
Revenues:
   Investment Income
19,628
   Vehicle Rentals
3,700
Total Revenues
23,328
Expenditures:
   Equipment Replacement
171,490
   Vehicle Replacement
1,983,376
Total Expenditures
2,154,866
Excess (Deficiency) of Revenues Over Expenditures
(2,131,538)
Other Financing Sources (Uses):
   Transfers from other funds
1,000,000
Total Other Financing Sources (Uses)
1,000,000
Net Change in Fund Balances
(1,131,538)
Fund Balances - Beginning
3,501,938
Fund Balances - Ending
2,370,400

TOWN OF WATERFORD
CAPITAL IMPROVEMENT FUND
 JULY 31, 2024
EXPENDED/
PERCENT
TRANSFERS
ACCOUNT 
DEPT/YEAR
DESCRIPTION
APPROPRIATED
ENCUMBERED
BALANCE
EXPENDED
OUT
30125-55738
BOS FY25
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
39,200.00
260,800.00
13.1%
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
38,000.00
49,000.00
43.7%
31120-55852
BLDG MAINT FY20
TOWN HALL BATHROOMS
87,500.00
87,811.29
(311.29)
100.4%
31121-55851
BLDG MAINT FY21
ADA IMPROVEMENTS YSB/PD
80,700.00
15,139.00
65,561.00
18.8%
31122-55819
BLDG MAINT FY22
UST REPLACEMENT               
250,000.00
250,010.00
(10.00)
100.0%
31122-55893
BLDG MAINT FY22
EUGENE O'NEILL  ROOF REPLACE  
60,767.64
60,767.64
0.00
100.0%
31123-55904
BLDG MAINT FY23
UST REPLACEMENT EUGENE O'NEILL
260,000.00
147,940.91
112,059.09
56.9%
31123-55905
BLDG MAINT FY23
UST REPLACEMENT LIBRARY&PUBLIC SAFETY
420,000.00
411,409.24
8,590.76
98.0%
31123-57857
BLDG MAINT FY23
CIVIC TRIANGLE UPGRADES       
1,285,818.00
1,262,429.72
23,388.28
98.2%
31124-55912
BLDG MAINT FY24
TOWN DOCK REPLACEMENT         
40,000.00
0.00
40,000.00
0.0%
31124-55913
BLDG MAINT FY24
JORDAN PARKHOUSE REPAIRS      
25,000.00
12,750.00
12,250.00
51.0%
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
153,000.00
0.0%
32224-55908
EMERGENCY MANAGEMENT FY24
APCO INTELLICOM GUIDECARD SYST
40,000.00
40,000.00
0.00
100.0%
32224-55909
EMERGENCY MANAGEMENT FY24
EVENTIDE NEXLOGDX RECORDER    
88,701.00
0.00
88,701.00
0.0%
32323-55900
FIRE SERVICES FY23
COHANZIE EMERGENCY GENERATOR
57,000.00
57,000.00
0.00
100.0%
32323-55907
FIRE SERVICES FY23
PAGERS UPGRADE/REPLACEMENT
25,000.00
24,862.95
137.05
99.5%
32325-55916
FIRE SERVICES FY25
COHANZIE SKYLIGHT REPLACEMENT 
30,000.00
30,000.00
0.0%
32925-55918
POLICE DEPT FY25
CELL BLOCK/KITCHEN UPDATE     
25,575.00
23,250.00
2,325.00
90.9%
32925-55919
POLICE DEPT FY25
FIREARMS/LASER SITE TRANSITION
53,289.00
53,289.00
0.0%
33020-55850
PUBLIC WORKS FY20
CROSS ROAD                    
2,754,000.00
2,014,851.37
739,148.63
73.2%
33020-59300
PUBLIC WORKS FY20
FUNDING OFFSET-CROSS ROAD                    
(2,754,000.00)
(2,754,000.00)
0.00
100.0%
33022-55882
PUBLIC WORKS FY22
NORMAN/CONCRETE PANELS        
80,100.00
128,203.68
(48,103.68)
160.1%
33022-55883
PUBLIC WORKS FY22
WILLIAM ST CONCRETE SIDEWALK 
42,300.00
31,331.47
10,968.53
74.1%
33022-55884
PUBLIC WORKS FY22
SUMMER STREET/CONCRETE SW     
33,420.00
11,787.17
21,632.83
35.3%
33022-55885
PUBLIC WORKS FY22
DAVID STREET/CONCRETE SW      
43,680.00
32,290.09
11,389.91
73.9%
33023-55890
PUBLIC WORKS FY23
ROAD RESURFACING EVERSOURCE AF
315,951.00
(449,026.83)
764,977.83
-142.1%
Page 1 of 2

TOWN OF WATERFORD
CAPITAL IMPROVEMENT FUND
 JULY 31, 2024
EXPENDED/
PERCENT
TRANSFERS
ACCOUNT 
DEPT/YEAR
DESCRIPTION
APPROPRIATED
ENCUMBERED
BALANCE
EXPENDED
OUT
33023-55901
PUBLIC WORKS FY23
CURB REPLACEMENT SANDY HOLLW
319,300.00
229,119.68
90,180.32
71.8%
33024-55911
PUBLIC WORKS FY24
BLOOMINGDALE/HUNTS BRK CULVERT
15,000.00
15,000.00
0.00
100.0%
33024-55914
PUBLIC WORKS FY24
ROTARY LIFT REPLACEMENTS      
75,000.00
74,972.00
28.00
100.0%
33025-55920
PUBLIC WORKS FY25
NIANTIC RIVER ROAD SIDEWALK RE
25,000.00
0.00
25,000.00
0.0%
33122-55894
UTILITY COMM FY22
CONTROL PANEL RETRO-FIT (GORMA
30,000.00
29,362.54
637.46
97.9%
33123-55019
UTILITY COMM FY23
CONTRACT #1 SEWER INTERCEPTOR EASEMENT ACCESS
250,000.00
75,200.00
174,800.00
30.1%
33123-55895
UTILITY COMM FY23
ROOF & SIDING REPLACEMENT     
50,000.00
34,587.16
15,412.84
69.2%
33720-55854
REC & PARKS FY20
LEARY BASKETBALL COURT REBUILD
91,000.00
0.00
91,000.00
0.0%
33720-55855
REC & PARKS FY20
TOWN HALL BASKETBALL COURT REP
41,000.00
0.00
41,000.00
0.0%
33722-55896
REC & PARKS FY22
EQUIPMENT STORAGE PLAN        
21,000.00
16,750.00
4,250.00
79.8%
33723-55838
REC & PARKS FY23
CHILDREN'S PLAYGROUND
40,000.00
0.00
40,000.00
0.0%
33725-55838
REC & PARKS FY25
STENGER PARK BATHROOM & WALKWAY
10,500.00
10,500.00
0.0%
34723-55021
INFORMATION TECHNOLOGY  FY23
AUDITORIUM MEETING ROOM UPDATES
272,000.00
87,402.94
184,597.06
32.1%
34724-55910
INFORMATION TECHNOLOGY  FY24
NEXGEN TRANSITION             
309,520.00
302,783.90
6,736.10
97.8%
34725-55917
INFORMATION TECHNOLOGY  FY24
CONTENT FILTER UPGRADE/REPLACE
15,163.00
11,122.73
4,040.27
73.4%
TOTALS
6,688,104.64
3,454,462.65
3,233,641.99
51.7%
1,000,000.00
PRIOR YEAR EXPENDITURES
1,759,957.21
CURRENT YEAR EXPENDITURES
1,694,505.44
Page 2 of 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 31,2024
BEGINNING 
FY25 RTM
AVAILABLE 
BALANCE
XFER IN
FISCAL YEAR 2024-2025
ENCUMBERED/
INTEREST 
TO DATE
 
APPROPRIATIONS
DESIGNATED
UNDESIGNATED
DESIGNATED APPROPRIATED
DESIGNATED UNDESIGNATED
EXPENDED
INC
APPROPRIATED
DESIGNATED UNDESIGNATED
20501-57018
PURCHASE 8 GOSHEN ROAD
$6,314.00
$0.00
$0.00
$6,314.00
$0.00
$0.00
20501-57639
REVALUATION
$0.00
$407,700.00
$0.00
$125,000.00
$0.00
$532,700.00
$0.00
20511-57740
COHANZIE SCHOOL REMEDIATION &
$0.00
$0.00
$0.00
$40,000.00
$0.00
$40,000.00
$0.00
20511-57767
NEVINS COTTAGE STRUCTURAL REPAIRS
$20,715.00
$100,000.00
$0.00
$20,715.00
$100,000.00
$0.00
20511-57840
PLAN OF CONSERVATION DEVELOPMENT
$10,914.86
$0.00
$0.00
$10,914.86
$0.00
$0.00
$0.00
20511-57870
MAGO POINT IMPROVEMENTS       
$0.00
$374,500.00
$0.00
$0.00
$374,500.00
$0.00
20511-57871
PUBLIC SAFETY BLDG  HVAC      
$0.00
$62,045.00
$0.00
$0.00
$62,045.00
$0.00
20511-57872
ROOF & HVAC REPLACEMENT PUBLIC SAFETY BUILDING
$61,169.20
$0.00
$0.00
$49,500.00
$11,669.20
$0.00
$0.00
20511-57874
RECONDITION ELEVATORS -TOWN HALL/YOUTH SERVICES BLDG
$268,133.85
$0.00
$0.00
$239,565.00
$28,568.85
$0.00
$0.00
20511-57876
SW SCHOOL UNDER