ELECTORS AND CITIZENS ELIGIBLE TO VOTE IN THE TOWN MEETING ARE HEREBY WARNED THAT THE ANNUAL TOWN BUDGET MEETING WILL BE HELD ON MONDAY, MAY 20, 2024, AT 7:00PM, IN THE MEETING HALL AT OLD LYME MEMORIAL TOWN HALL, 52 LYME STREET, OLD LYME, CONNECTICUT. The Town Meeting will consider and act upon the following 1. THE BUDGET FOR FISCAL YEAR JULY 1, 2024 THROUGH JUNE 30, 2025, AS RECOMMENDED BY THE BOARD OF FINANCE. FOR MORE DETAIL GO TO https://www.oldlyme-ct.gov/325/Board-of-Finance. COPIES ARE AVAILABLE IN THE SELECTMAN'S OFFICE. REVENUE & OTHER FINANCING SOURCES TAXES, INTEREST, AND LIEN FEES LOCAL REVENUE TOWN AID ROAD MAINTENANCE LOCIP EMERGENCY MANAGEMENT EDUCATION COST SHARING GRANTS FOR MUNICIPAL PROJECTS PILOT - STATE OF CT PILOT - FEDERAL PROPERTY TELEPHONE ACCESS LINE GRANT STEAP GRANT-FERRY RD SIDEWALKS VETERANS TAX EXEMPTION FY22/23 ACTUAL FY23/24 ADOPTED $ La ta ta ta ta ta ta ta ta 37,477,918 $ 37,420,494 FY24/25 REQUEST $ 39,027,110 $ 1,805,923 $ 1,415,400 $ 1,616,622 $ 230,204 230,200 229,910 $ 49,256 $ 49,100 $ 73,401 $ $ 285,000 120,000 560,155 747,100 934,085 1,888 1,888 1,888 $ 60,692 61,200 67,334 100 57,571 38,912 ta ta 3,102 LA LA LA LA LA 126,000 22,000 2,500 $ 3,670 170 $ 10,000 $ 5,000 $ 40,372,152 $ 42,116,932 DISABILITY TAX EXEMPTION MISC. STATE GRANT $ 86,299 TOTAL REVENUES & OTHER FINANCING SOURCES $ 40,333,009 EXPENDITURES & OTHER FINANCING USES 201 GENERAL GOVERNMENT 202 BOARDS & COMMISSIONS 203 PUBLIC WORKS 204 PARKS & RECREATION 205 PUBLIC SAFETY 206 SOCIAL SERVICES & SENIOR CITIZENS 210 SPECIAL&CAPITAL PROJ FUNDS 211 GRANTS TO NON-PROFITS GRANTS TO BEACH ASSOCIATIONS 213 SANITATION & RECYCLING 215 DEBT PRINCIPAL AND INTEREST CAPITAL OUTLAY REGIONAL SCHOOL DISTRICT #18 TOTAL EXPENDITURES & OTHER FINANCING USES EXCESS OF REVENUES OVER EXPENDITURES AVAILABLE FUND BALANCE SSSLA LA LA LA ta ta ta ta ta ta ta ta 2,919,451 3,464,668 3,589,507 $ 384,273 $ 511,993 $ 608,420 $ 898,562 $ 928,892 $ 971,442 516,974 530,997 570,087 $ 1,724,930 $ 1,959,953 2,003,927 $ 378,509 $ 388,448 397,825 $ 433,000 456,500 1,279,700 $ 1,579,880 $ 1,433,925 480,500 $ 71,700 $ 71,700 $ 85,000 $ 1,235,161 $ 1,346,096 1,419,427 $ 454,729 $ 443,000 $ 431,182 $ 1,016,024 $ 1,186,758 $ 749,033 $ 27,521,402 $ 28,248,222 $ 29,530,882 $ 39,134,595 $ 40,971,152 $ 42,116,932 $ 1,198,414 $ (600,000) $ $ 12,925,106 $ 12,325,106 $ 12,325,106 ELECTORS AND CITIZENS ELIGIBLE TO VOTE IN THE TOWN MEETING ARE HEREBY WARNED THAT THE ANNUAL TOWN BUDGET MEETING WILL BE HELD ON MONDAY , MAY 20 , 2024 , AT 7:00 PM , IN THE MEETING HALL AT OLD LYME MEMORIAL TOWN HALL , 52 LYME STREET , OLD LYME , CONNECTICUT . The Town Meeting will consider and act upon the following 1. THE BUDGET FOR FISCAL YEAR JULY 1 , 2024 THROUGH JUNE 30 , 2025 , AS RECOMMENDED BY THE BOARD OF FINANCE . FOR MORE DETAIL GO TO https://www.oldlyme-ct.gov/325/Board-of-Finance . COPIES ARE AVAILABLE IN THE SELECTMAN'S OFFICE . REVENUE & OTHER FINANCING SOURCES TAXES , INTEREST , AND LIEN FEES LOCAL REVENUE TOWN AID ROAD MAINTENANCE LOCIP EMERGENCY MANAGEMENT EDUCATION COST SHARING GRANTS FOR MUNICIPAL PROJECTS PILOT - STATE OF CT PILOT - FEDERAL PROPERTY TELEPHONE ACCESS LINE GRANT STEAP GRANT - FERRY RD SIDEWALKS VETERANS TAX EXEMPTION FY22 / 23 ACTUAL FY23 / 24 ADOPTED $ La ta ta ta ta ta ta ta ta 37,477,918 $ 37,420,494 FY24 / 25 REQUEST $ 39,027,110 $ 1,805,923 $ 1,415,400 $ 1,616,622 $ 230,204 230,200 229,910 $ 49,256 $ 49,100 $ 73,401 $ $ 285,000 120,000 560,155 747,100 934,085 1,888 1,888 1,888 $ 60,692 61,200 67,334 100 57,571 38,912 ta ta 3,102 LA LA LA LA LA 126,000 22,000 2,500 $ 3,670 170 $ 10,000 $ 5,000 $ 40,372,152 $ 42,116,932 DISABILITY TAX EXEMPTION MISC . STATE GRANT $ 86,299 TOTAL REVENUES & OTHER FINANCING SOURCES $ 40,333,009 EXPENDITURES & OTHER FINANCING USES 201 GENERAL GOVERNMENT 202 BOARDS & COMMISSIONS 203 PUBLIC WORKS 204 PARKS & RECREATION 205 PUBLIC SAFETY 206 SOCIAL SERVICES & SENIOR CITIZENS 210 SPECIAL & CAPITAL PROJ FUNDS 211 GRANTS TO NON - PROFITS GRANTS TO BEACH ASSOCIATIONS 213 SANITATION & RECYCLING 215 DEBT PRINCIPAL AND INTEREST CAPITAL OUTLAY REGIONAL SCHOOL DISTRICT # 18 TOTAL EXPENDITURES & OTHER FINANCING USES EXCESS OF REVENUES OVER EXPENDITURES AVAILABLE FUND BALANCE SSSLA LA LA LA ta ta ta ta ta ta ta ta 2,919,451 3,464,668 3,589,507 $ 384,273 $ 511,993 $ 608,420 $ 898,562 $ 928,892 $ 971,442 516,974 530,997 570,087 $ 1,724,930 $ 1,959,953 2,003,927 $ 378,509 $ 388,448 397,825 $ 433,000 456,500 1,279,700 $ 1,579,880 $ 1,433,925 480,500 $ 71,700 $ 71,700 $ 85,000 $ 1,235,161 $ 1,346,096 1,419,427 $ 454,729 $ 443,000 $ 431,182 $ 1,016,024 $ 1,186,758 $ 749,033 $ 27,521,402 $ 28,248,222 $ 29,530,882 $ 39,134,595 $ 40,971,152 $ 42,116,932 $ 1,198,414 $ ( 600,000 ) $ $ 12,925,106 $ 12,325,106 $ 12,325,106