TOWN OF LYME SUMMARY OF THE BUDGET FOR THE YEAR ENDING JUNE 30, 2026 ACTUAL DESCRIPTION 2023-2024 ADOPTED 2024-2025 PROPOSED 2025-26 DESCRIPTION ACTUAL 2023-2024 ADOPTED PROPOSED 2024-2025 2025-26 GENERAL FUND BALANCE SUMMARY Emergency Management 31,365 26,647 28,135 BEGINNING FUND BALANCE 4,059,088 3,048,698 3,938,168 Fire Company 68,773 70,987 67,899 Current year budget surplus/deficit 0 200,000 Fire Marshal 6,033 6,828 7,075 Prior Year Encumbrances 1,542,541 Hazardous Waste Disposal 8,741 13,126 15,502 REVISED BEGINNING FUND BALANCE 5,601,629 3,048,698 4,138,168 Paramedic Services 2,344 2,500 3,000 Police Services 9,812 13,250 13,250 REVENUES Pollution Control 0 0 Taxes, Interest & Liens 10,177,404 All Other Revenues 1,795,194 TOTAL REVENUES 11,972,599 10,237,376 3,038,468 13,275,844 10,206,896 Public Safety Complex Maintenance 29,884 26,250 44,515 2,279,128 Public Safety Complex Utilities 30,555 29,250 26,920 12,486,024 Public Safety Pension Contribution 82,737 109,267 111,453 Recycling Disposal 31,329 26,588 38,784 EXPENDITURES Solid Waste Disposal 90,037 116,568 96,600 Operating Expense 9,875,088 Capital Expense 2,714,219 10,323,476 2,062,900 10,836,848 Transfer Station Costs 105,423 136,192 141,990 530,400 Public Safety Director Expenses 6,482 15,638 17,517 Carryover Expenses 1,936,220 Valley Shore Emergency Center 46,651 48,517 49,852 TOTAL EXPENDITURES 14,525,527 12,386,376 11,367,248 TOTAL PUBLIC SAFETY & SANIT. 550,166 641,608 662,492 Plan Surplus (Deficit) -2,552,929 ENDING FUND BALANCE 3,048,700 889,468 3,938,166 1,118,775 Assessor Office 94,734 115,115 98,258 5,256,944 Auditor Expense 32,100 32,100 34,900 Auditor's adjustments 144,294 Board of Assessment Appeals 0 250 250 ENDING FUND BALANCE - POST AUDIT 3,192,994 3,938,166 5,256,944 Board of Finance 3,222 4,000 4,000 Property Revaluation 26,673 17,000 17,000 INCOME DETAIL Tax Collector Office 62,274 73,798 80,077 General Property Taxes 10,171,419 Interest & Lien Fees Tax Refunds & Rebates 22,722 -16,736 10,227,376 20,000 -10,000 10,196,896 Treasurer Office 46,192 77,407 84,197 20,000 TOTAL FINANCE & TAXATION 265,195 319,670 318,683 -10,000 TOTAL TAXES, INTEREST & LIEN FEES 10,177,404 10,237,376 10,206,896 Affordable Housing Commission 0 1,000 1,000 Building Inspector Office 52,847 56,139 57,748 Education Cost Sharing Grant Emergency Management Grants 169,066 62,502 Federal Bridge Grant 369,974 254,340 61,000 1,295,349 321,391 81,000 Cemetery Comission 23,003 23,390 30,645 Conservation Commission 2,840 5,000 5,000 0 CT River Conservation District 1,421 1,421 1,421 Library Grants 149 LoCIP Grant 38,640 38,456 150 38,640 Open Space Commission 0 1,000 1,000 Planning & Zoning Commission 26,507 20,000 20,800 Miscellaneous Grants 20,834 9,500 10,095 Zoning Board of Appeals 3,412 15,000 15,000 Municipal Revenue Sharing 29,120 0 0 Zoning Office 62,327 66,066 68,258 PILOT Grants 24,725 14,280 13,626 TOTAL LAND USE 172,355 189,016 200,872 State Bridge Grant 0 581,407 572,457 Supplemental Municipal Aid Grant 0 0 0 Audio-Visual 7,692 7,500 7,500 Tax Relief-Homeowners 0 0 0 Books & Magazines 24,875 23,100 23,100 Tax Relief-Veterans 1,697 500 500 Dues, Travel & Miscellaneous 2,614 2,700 2,700 Senior Center Grant 0 0 500,000 Library staff 148,281 157,712 165,541 Town Aid Roads Grant 179,787 179,787 179,789 Licenses & Databases 15,587 17,891 18,291 TOTAL INTERGOVERNMENTAL REV. 896,344 2,434,768 1,717,648 Newsletter, Postage & Booksale 2,975 3,300 3,300 Programs 5,965 6,200 7,200 Building Permits 101,268 90,000 90,000 Supplies 6,104 5,000 5,000 Conveyance Tax 89,762 75,000 75,000 TOTAL LIBRARY 214,093 223,403 232,632 Other Licenses & Permits 1,735 2,000 2,000 TOTAL LICENSES & PERMITS 192,765 167,000 167,000 Harbor Maintenance 8,000 12,165 18,850 Park Maintenance 25,150 25,504 28,031 Affordable Housing Fund 0 Recreation Commission 10,875 17,039 20,820 ARPA Fund 0 0 Rogers Lake Commission 14,548 33,109 21,733 Cap Non-Recurring Fund 0 Cemetery Fund 19,000 0 12,590 Senior Center 42,893 52,667 59,362 Hartman Park Fund 8,815 5,470 17,585 492 Town Woods Park 28,011 27,846 30,097 TOTAL RECREATION 129,478 168,330 178,893 Interest on Investments Library Trust Fund 516,955 14,252 258,000 250,000 0 Elderly Housing 1,500 1,500 1,500 Open Space Fund 37,655 57,140 23,702 Estuary Seniors 6,962 6,962 6,962 TOTAL REVENUE FROM TOWN MONEY 596,677 333,200 291,780 Family Service 0 4,555 4,737 Health District 17,791 17,791 18,838 Library Fines & Fees 291 1,000 250 Homeless Center 0 1,000 Library Fundraising 3,925 1,000 1,000 Literacy Volunteers 500 500 500 LPL Foundation Support 52,000 59,000 59,000 Lyme Youth Service Bureau 28,543 28,045 29,167 TOTAL LIBRARY REVENUES 56,216 61,000 60,250 Probate Court 1,218 1,338 5,196 Sexual Assault Center 0 0 0 Affordable Housing Fees 8,588 7,200 7,200 Social Services 11,909 12,493 12,980 Miscellaneous Fees 7,722 2,000 2,000 Soup Kitchen 2,700 2,700 2,700 Mooring Application Fees 4,756 5,000 5,000 Thames Valley Council 1,210 1,249 1,249 Park & Rec Fees 0 1,000 500 Transportation District 3,590 3,700 3,810 Planning & Zoning Fees 1,600 500 250 Visiting Nurse Service 11,435 15,000 14,400 Town Clerk Fees 22,434 20,000 20,000 Women's Center Transfer Station Fees 7,891 6,500 7,000 TOTAL HEALTH & WELFARE 1,000 88,357 1,000 97,833 1,000 103,039 Zoning Board of Appeals Fees 200 TOTAL FEES 53,192 300 42,500 500 42,450 TOTAL OPERATING EXPENSE 9,875,088 10,323,476 10,836,848 TOTAL REVENUES 11,972,599 13,275,844 12,486,024 CAPITAL EXPENSE Emergency Management Capital 30,987 EXPENSE DETAIL Fire Company Equipment 84,484 61,000 98,500 Fire Trucks 75,000 875,000 100,000 District #18 Expense TOTAL EDUCATION 6,487,966 6,487,966 6,662,033 6,662,033 6,961,537 6,961,537 Hadlyme Firehouse 0 Hamburg Firehouse 3,166 10,000 Transfer Station 0 0 General Obligation Bonds Interest 0 0 0 Public Safety Director Capital 0 General Obligation Bonds Principal 0 0 0 TOTAL PUBLIC SAFETY & SANITATION 193,637 1,044,500 293,000 Loan interest 0 0 0 Loan principal 0 0 0 Birch Mill Rd Bridge 885,781 TOTAL REDEMPTION OF DEBT 0 Bridges & Roads 386,724 20,000 Garage/Recycling Center 0 Communications 4,342 5,000 9,949 Highway Equipment 0 16,000 Conference of CT Municipalities 1,339 1,339 1,339 Macintosh Rd Bridge 869,505 0 Contingent Account 14,409 30,000 30,000 Salem Rd/Day Hill Bridge 0 Council of Small Towns 975 975 975 Town Trucks Election Expenses 35,754 51,823 53,802 TOTAL HIGHWAYS 9,061 2,151,071 225,000 261,000 81,000 81,000 31,000 41,000 FICA 81,243 90,130 94,637 General Insurance 69,066 74,968 79,157 Affordable Housing Fund Capital 0 Hadlyme Historic District Commission 100 100 Capital Non-recurring Fund 0 Health Insurance 303,436 309,660 371,288 Dog Fund 56 10,000 5,000 Information Technology Services 47,155 50,798 53,275 Open Space Fund 0 0 Retirement Contribution 71,645 85,247 85,783 TOTAL TOWN MONEY SAVING 56 10,000 5,000 RiverCOG 5,732 8,060 8,265 Selectmen Office Town Campus Maintenance Town Campus Utilities Town Clerk Office Town Counsel Town Hall Expense 111,110 115,827 120,268 Affordable Housing Development 0 0 0 71,632 40,750 65,405 ARPA Spending 115,000 0 0 74,568 71,925 79,092 Cemeteries 0 0 87,221 93,110 115,846 Land Development 1,178 10,000 10,000 15,373 25,000 25,000 Rogers Lake 0 0 18,287 17,350 18,089 Senior Center Capital 218,213 220,000 Town Report 7,974 8,500 9,000 Town Woods Park Capital 0 Workmen's Comp. Insurance 22,668 23,848 23,164 TOTAL MISCELLANEOUS 334,391 0 230,000 0 10,000 TOTAL GENERAL GOVERNMENT 1,043,929 1,104,410 1,244,434 Library IT Equipment 4,755 Gas, Diesel and Oil 44,399 52,250 53,000 Town Campus Improvements 19,862 5,450 500,000 9,800 147,000 General Maintenance 42,355 40,000 40,000 Town Hall IT Equipment 3,808 5,950 18,600 Road Maintenance 399,788 351,000 351,000 Vital Records Restoration Snow & Ice Removal 39,997 40,000 40,000 TOTAL GENERAL GOVERNMENT 6,639 35,064 6,000 6,000 517,400 181,400 Street Lighting 3,064 3,350 3,400 Street Signs 1,280 2,000 2,000 TOTAL CAPITAL EXPENSE 2,714,219 2,062,900 530,400 Superintendent Town Crew 92,910 104,947 109,088 290,006 313,096 324,849 TOTAL EXPENSE 12,589,307 12,386,376 11,367,248 Town Engineer 8,480 8,896 9,242 Tree Warden 1,272 1,634 1,686 TOTAL HIGHWAYS 923,549 917,173 934,266 Respectively submitted by the Board of Finance, Town of Lyme, Alan Sheiness, Chairman, Robert House, Clerk. The audited financial report for the year ended June 30, 2024 is available at town hall. TOWN OF LYME SUMMARY OF THE BUDGET FOR THE YEAR ENDING JUNE 30 , 2026 ACTUAL DESCRIPTION 2023-2024 ADOPTED 2024-2025 PROPOSED 2025-26 DESCRIPTION ACTUAL 2023-2024 ADOPTED PROPOSED 2024-2025 2025-26 GENERAL FUND BALANCE SUMMARY Emergency Management 31,365 26,647 28,135 BEGINNING FUND BALANCE 4,059,088 3,048,698 3,938,168 Fire Company 68,773 70,987 67,899 Current year budget surplus / deficit 0 200,000 Fire Marshal 6,033 6,828 7,075 Prior Year Encumbrances 1,542,541 Hazardous Waste Disposal 8,741 13,126 15,502 REVISED BEGINNING FUND BALANCE 5,601,629 3,048,698 4,138,168 Paramedic Services 2,344 2,500 3,000 Police Services 9,812 13,250 13,250 REVENUES Pollution Control 0 0 Taxes , Interest & Liens 10,177,404 All Other Revenues 1,795,194 TOTAL REVENUES 11,972,599 10,237,376 3,038,468 13,275,844 10,206,896 Public Safety Complex Maintenance 29,884 26,250 44,515 2,279,128 Public Safety Complex Utilities 30,555 29,250 26,920 12,486,024 Public Safety Pension Contribution 82,737 109,267 111,453 Recycling Disposal 31,329 26,588 38,784 EXPENDITURES Solid Waste Disposal 90,037 116,568 96,600 Operating Expense 9,875,088 Capital Expense 2,714,219 10,323,476 2,062,900 10,836,848 Transfer Station Costs 105,423 136,192 141,990 530,400 Public Safety Director Expenses 6,482 15,638 17,517 Carryover Expenses 1,936,220 Valley Shore Emergency Center 46,651 48,517 49,852 TOTAL EXPENDITURES 14,525,527 12,386,376 11,367,248 TOTAL PUBLIC SAFETY & SANIT . 550,166 641,608 662,492 Plan Surplus ( Deficit ) -2,552,929 ENDING FUND BALANCE 3,048,700 889,468 3,938,166 1,118,775 Assessor Office 94,734 115,115 98,258 5,256,944 Auditor Expense 32,100 32,100 34,900 Auditor's adjustments 144,294 Board of Assessment Appeals 0 250 250 ENDING FUND BALANCE - POST AUDIT 3,192,994 3,938,166 5,256,944 Board of Finance 3,222 4,000 4,000 Property Revaluation 26,673 17,000 17,000 INCOME DETAIL Tax Collector Office 62,274 73,798 80,077 General Property Taxes 10,171,419 Interest & Lien Fees Tax Refunds & Rebates 22,722 -16,736 10,227,376 20,000 -10,000 10,196,896 Treasurer Office 46,192 77,407 84,197 20,000 TOTAL FINANCE & TAXATION 265,195 319,670 318,683 -10,000 TOTAL TAXES , INTEREST & LIEN FEES 10,177,404 10,237,376 10,206,896 Affordable Housing Commission 0 1,000 1,000 Building Inspector Office 52,847 56,139 57,748 Education Cost Sharing Grant Emergency Management Grants 169,066 62,502 Federal Bridge Grant 369,974 254,340 61,000 1,295,349 321,391 81,000 Cemetery Comission 23,003 23,390 30,645 Conservation Commission 2,840 5,000 5,000 0 CT River Conservation District 1,421 1,421 1,421 Library Grants 149 LoCIP Grant 38,640 38,456 150 38,640 Open Space Commission 0 1,000 1,000 Planning & Zoning Commission 26,507 20,000 20,800 Miscellaneous Grants 20,834 9,500 10,095 Zoning Board of Appeals 3,412 15,000 15,000 Municipal Revenue Sharing 29,120 0 0 Zoning Office 62,327 66,066 68,258 PILOT Grants 24,725 14,280 13,626 TOTAL LAND USE 172,355 189,016 200,872 State Bridge Grant 0 581,407 572,457 Supplemental Municipal Aid Grant 0 0 0 Audio - Visual 7,692 7,500 7,500 Tax Relief - Homeowners 0 0 0 Books & Magazines 24,875 23,100 23,100 Tax Relief - Veterans 1,697 500 500 Dues , Travel & Miscellaneous 2,614 2,700 2,700 Senior Center Grant 0 0 500,000 Library staff 148,281 157,712 165,541 Town Aid Roads Grant 179,787 179,787 179,789 Licenses & Databases 15,587 17,891 18,291 TOTAL INTERGOVERNMENTAL REV . 896,344 2,434,768 1,717,648 Newsletter , Postage & Booksale 2,975 3,300 3,300 Programs 5,965 6,200 7,200 Building Permits 101,268 90,000 90,000 Supplies 6,104 5,000 5,000 Conveyance Tax 89,762 75,000 75,000 TOTAL LIBRARY 214,093 223,403 232,632 Other Licenses & Permits 1,735 2,000 2,000 TOTAL LICENSES & PERMITS 192,765 167,000 167,000 Harbor Maintenance 8,000 12,165 18,850 Park Maintenance 25,150 25,504 28,031 Affordable Housing Fund 0 Recreation Commission 10,875 17,039 20,820 ARPA Fund 0 0 Rogers Lake Commission 14,548 33,109 21,733 Cap Non - Recurring Fund 0 Cemetery Fund 19,000 0 12,590 Senior Center 42,893 52,667 59,362 Hartman Park Fund 8,815 5,470 17,585 492 Town Woods Park 28,011 27,846 30,097 TOTAL RECREATION 129,478 168,330 178,893 Interest on Investments Library Trust Fund 516,955 14,252 258,000 250,000 0 Elderly Housing 1,500 1,500 1,500 Open Space Fund 37,655 57,140 23,702 Estuary Seniors 6,962 6,962 6,962 TOTAL REVENUE FROM TOWN MONEY 596,677 333,200 291,780 Family Service 0 4,555 4,737 Health District 17,791 17,791 18,838 Library Fines & Fees 291 1,000 250 Homeless Center 0 1,000 Library Fundraising 3,925 1,000 1,000 Literacy Volunteers 500 500 500 LPL Foundation Support 52,000 59,000 59,000 Lyme Youth Service Bureau 28,543 28,045 29,167 TOTAL LIBRARY REVENUES 56,216 61,000 60,250 Probate Court 1,218 1,338 5,196 Sexual Assault Center 0 0 0 Affordable Housing Fees 8,588 7,200 7,200 Social Services 11,909 12,493 12,980 Miscellaneous Fees 7,722 2,000 2,000 Soup Kitchen 2,700 2,700 2,700 Mooring Application Fees 4,756 5,000 5,000 Thames Valley Council 1,210 1,249 1,249 Park & Rec Fees 0 1,000 500 Transportation District 3,590 3,700 3,810 Planning & Zoning Fees 1,600 500 250 Visiting Nurse Service 11,435 15,000 14,400 Town Clerk Fees 22,434 20,000 20,000 Women's Center Transfer Station Fees 7,891 6,500 7,000 TOTAL HEALTH & WELFARE 1,000 88,357 1,000 97,833 1,000 103,039 Zoning Board of Appeals Fees 200 TOTAL FEES 53,192 300 42,500 500 42,450 TOTAL OPERATING EXPENSE 9,875,088 10,323,476 10,836,848 TOTAL REVENUES 11,972,599 13,275,844 12,486,024 CAPITAL EXPENSE Emergency Management Capital 30,987 EXPENSE DETAIL Fire Company Equipment 84,484 61,000 98,500 Fire Trucks 75,000 875,000 100,000 District # 18 Expense TOTAL EDUCATION 6,487,966 6,487,966 6,662,033 6,662,033 6,961,537 6,961,537 Hadlyme Firehouse 0 Hamburg Firehouse 3,166 10,000 Transfer Station 0 0 General Obligation Bonds Interest 0 0 0 Public Safety Director Capital 0 General Obligation Bonds Principal 0 0 0 TOTAL PUBLIC SAFETY & SANITATION 193,637 1,044,500 293,000 Loan interest 0 0 0 Loan principal 0 0 0 Birch Mill Rd Bridge 885,781 TOTAL REDEMPTION OF DEBT 0 Bridges & Roads 386,724 20,000 Garage / Recycling Center 0 Communications 4,342 5,000 9,949 Highway Equipment 0 16,000 Conference of CT Municipalities 1,339 1,339 1,339 Macintosh Rd Bridge 869,505 0 Contingent Account 14,409 30,000 30,000 Salem Rd / Day Hill Bridge 0 Council of Small Towns 975 975 975 Town Trucks Election Expenses 35,754 51,823 53,802 TOTAL HIGHWAYS 9,061 2,151,071 225,000 261,000 81,000 81,000 31,000 41,000 FICA 81,243 90,130 94,637 General Insurance 69,066 74,968 79,157 Affordable Housing Fund Capital 0 Hadlyme Historic District Commission 100 100 Capital Non - recurring Fund 0 Health Insurance 303,436 309,660 371,288 Dog Fund 56 10,000 5,000 Information Technology Services 47,155 50,798 53,275 Open Space Fund 0 0 Retirement Contribution 71,645 85,247 85,783 TOTAL TOWN MONEY SAVING 56 10,000 5,000 RiverCOG 5,732 8,060 8,265 Selectmen Office Town Campus Maintenance Town Campus Utilities Town Clerk Office Town Counsel Town Hall Expense 111,110 115,827 120,268 Affordable Housing Development 0 0 0 71,632 40,750 65,405 ARPA Spending 115,000 0 0 74,568 71,925 79,092 Cemeteries 0 0 87,221 93,110 115,846 Land Development 1,178 10,000 10,000 15,373 25,000 25,000 Rogers Lake 0 0 18,287 17,350 18,089 Senior Center Capital 218,213 220,000 Town Report 7,974 8,500 9,000 Town Woods Park Capital 0 Workmen's Comp . Insurance 22,668 23,848 23,164 TOTAL MISCELLANEOUS 334,391 0 230,000 0 10,000 TOTAL GENERAL GOVERNMENT 1,043,929 1,104,410 1,244,434 Library IT Equipment 4,755 Gas , Diesel and Oil 44,399 52,250 53,000 Town Campus Improvements 19,862 5,450 500,000 9,800 147,000 General Maintenance 42,355 40,000 40,000 Town Hall IT Equipment 3,808 5,950 18,600 Road Maintenance 399,788 351,000 351,000 Vital Records Restoration Snow & Ice Removal 39,997 40,000 40,000 TOTAL GENERAL GOVERNMENT 6,639 35,064 6,000 6,000 517,400 181,400 Street Lighting 3,064 3,350 3,400 Street Signs 1,280 2,000 2,000 TOTAL CAPITAL EXPENSE 2,714,219 2,062,900 530,400 Superintendent Town Crew 92,910 104,947 109,088 290,006 313,096 324,849 TOTAL EXPENSE 12,589,307 12,386,376 11,367,248 Town Engineer 8,480 8,896 9,242 Tree Warden 1,272 1,634 1,686 TOTAL HIGHWAYS 923,549 917,173 934,266 Respectively submitted by the Board of Finance , Town of Lyme , Alan Sheiness , Chairman , Robert House , Clerk . The audited financial report for the year ended June 30 , 2024 is available at town hall .