TOWN OF WATERFORD PROPOSED GENERAL FUND BUDGET-REVENUE & EXPENSES FISCAL YEAR 2025 The RTM Meeting of the Town of Waterford will hold its Annual Budget Meeting on Monday, May 6, 2024, at 6:00 p.m. to consider and act upon the Town Budget for Fiscal Year 2025. All interested citizens of the Town of Waterford has to right to provide written comments concerning the budget. To submit public comment see the agenda or email the Town Clerk at dcampo@waterfordct.org. You may also send them to Dave Campo, Town Clerk, Waterford Town Hall 15 Rope Ferry Road, Waterford, CT 06385. A copy of this notice and the entire proposed budget for the Town of Waterford will be available for public inspection weekdays at the Town Clerk's Office, Town Hall, 15 Rope Ferry Rd, Waterford, CT between the hours of 8:00am and 4:00 pm, beginning Monday, April 29, 2024. The budget as recommended by the Board of Finance for Fiscal Year 2025 for the Town of Waterford as follows: GENERAL FUND REVENUES: STATE OF CONNECTICUT EDUCATION GENERAL GOVERNMENT TOTAL STATE OF CONNECTICUT OTHER SOURCES FEDERAL SOURCES EDUCATION FY 2022-2023 ACTUAL 383,209 1,170,648 1,553,857 FY 2023-2024 ESTIMATED 332,803 1,289,097 1,621,900 FY 2024-2025 ANTICIPATED 332,803 1,320,418 1,653,221 0 ° 110,861 61,500 1,500 GENERAL GOVERNMENT 6,034,629 4,615,794 4,374,180 TOTAL OTHER SOURCES 6,145,490 4,677,294 4,375,680 TOTAL REVENUES BEFORE PROPERTY TAXES 7,699,347 6,299,194 6,028,901 AMOUNT TO BE RAISED BY TAXATION 97,137,673 96,419,610 96,981,849 GENERAL FUND EXPENSES: GENERAL GOVERNMENT: BOARD OF SELECTMEN TOTAL GENERAL FUND REVENUE ESTIMATED FUND BALANCE APPLIED FY 2022-2023 ACTUAL EXPENDITURES 104,837,020 102,718,804 103,010,750 0 ° FY 2023-2024 PROJECTED EXPENDITURES FY2024-2025 BD. OF FINANCE RECOMMENDED 205,233 207,605 206,405 REGISTRARS OF VOTERS 92,884 79,488 96,525 BOARD OF FINANCE 70,917 70,159 80,713 ASSESSOR 272,742 292,148 287,213 BD.ASSESSMENT APPEALS 3,969 1,602 1,742 TAX COLLECTOR 217,422 217,865 232,331 FINANCE DEPARTMENT 718.327 747,721 767,856 LEGAL DEPARTMENT 359,635 295,000 295,000 TOWN CLERK 286,883 252,225 264,849 PLANNING & ZONING 605,977 661,210 686,543 BUILDING MAINTENANCE 862,465 899,770 895,824 INSURANCE 4,413,432 5,105,857 4,962,182 ECONOMIC DEVELOPMENT COMM 16,396 27,447 CONSERVATION COMMISSION 13,529 18,250 ZONING BOARD OF APPEALS 3,678 4,310 RETIREMENT COMMISSION 6,234,062 7,049,737 25,267 18,250 4,310 7,760,257 REPRESENTATIVE TOWN MTG. 17,490 18,903 18,903 BUILDING DEPARTMENT 245,839 297,609 326,532 SOC.SVC.GRANTS/MISC. 88,122 92.316 100,250 CONTINGENCY 233,793 265,000 255,000 FLOOD & EROSION CONTROL BD 422 2,138 ETHICS COMMISSION 250 900 HUMAN RESOURCES DEPARTMENT 246,534 259,836 1,109 900 264,204 EMERGENCY MANAGEMENT 969,279 1,094,563 1,196,762 FIRE SERVICES 3,578,837 3,531,618 3,632,425 POLICE DEPARTMENT 6,461,804 6,830,602 7,115,644 INFORMATION TECHNOLOGY 1,048,900 1,165,181 1,231,423 PUBLIC WORKS DEPARTMENT 4,596,371 4,994,798 5,086,238 YOUTH SERVICES 226,881 239,827 294,579 CONSERVATION OF HEALTH 148,126 148,407 148,407 PUBLIC HEALTH NURSING SERV. 8,279 25,911 26,297 SENIOR CITIZENS COMMISSION 444,853 484,631 481,248 WATERFORD PUBLIC LIBRARY 988,394 1,006,837 1,006,837 RECREATION & PARKS COMM. 1,546,365 1,423,523 1,485,080 TOTAL GENERAL GOVERNMENT 35,228,090 37,812,994 39,267,105 BOARD OF EDUCATION: OPERATING BUDGET 51,804,421 54,193,983 57,611,181 TOTAL BOARD OF EDUCATION 51,804,421 54,193,983 57,611,181 CAPITAL AND DEBT SERVICE: CURRENT YEAR CAPITAL IMPR. 2,383,955 1,636,721 1,312,527 TRANS TO CAP & NON-REC. 222,229 281,250 938,399 DEBT SERVICE 7,197,460 8,148,250 8,109,746 TOTAL CAPITAL AND DEBT SERVICE TOTAL GENERAL FUND 9,803,644 10,066,221 10,360,672 96,836,155 102,073,198 107,238,958 Glenn Patterson, CHAIRMAN BOARD OF FINANCE TOWN OF WATERFORD PROPOSED GENERAL FUND BUDGET - REVENUE & EXPENSES FISCAL YEAR 2025 The RTM Meeting of the Town of Waterford will hold its Annual Budget Meeting on Monday , May 6 , 2024 , at 6:00 p.m. to consider and act upon the Town Budget for Fiscal Year 2025. All interested citizens of the Town of Waterford has to right to provide written comments concerning the budget . To submit public comment see the agenda or email the Town Clerk at dcampo@waterfordct.org . You may also send them to Dave Campo , Town Clerk , Waterford Town Hall 15 Rope Ferry Road , Waterford , CT 06385. A copy of this notice and the entire proposed budget for the Town of Waterford will be available for public inspection weekdays at the Town Clerk's Office , Town Hall , 15 Rope Ferry Rd , Waterford , CT between the hours of 8:00 am and 4:00 pm , beginning Monday , April 29 , 2024. The budget as recommended by the Board of Finance for Fiscal Year 2025 for the Town of Waterford as follows : GENERAL FUND REVENUES : STATE OF CONNECTICUT EDUCATION GENERAL GOVERNMENT TOTAL STATE OF CONNECTICUT OTHER SOURCES FEDERAL SOURCES EDUCATION FY 2022-2023 ACTUAL 383,209 1,170,648 1,553,857 FY 2023-2024 ESTIMATED 332,803 1,289,097 1,621,900 FY 2024-2025 ANTICIPATED 332,803 1,320,418 1,653,221 0 ° 110,861 61,500 1,500 GENERAL GOVERNMENT 6,034,629 4,615,794 4,374,180 TOTAL OTHER SOURCES 6,145,490 4,677,294 4,375,680 TOTAL REVENUES BEFORE PROPERTY TAXES 7,699,347 6,299,194 6,028,901 AMOUNT TO BE RAISED BY TAXATION 97,137,673 96,419,610 96,981,849 GENERAL FUND EXPENSES : GENERAL GOVERNMENT : BOARD OF SELECTMEN TOTAL GENERAL FUND REVENUE ESTIMATED FUND BALANCE APPLIED FY 2022-2023 ACTUAL EXPENDITURES 104,837,020 102,718,804 103,010,750 0 ° FY 2023-2024 PROJECTED EXPENDITURES FY2024-2025 BD . OF FINANCE RECOMMENDED 205,233 207,605 206,405 REGISTRARS OF VOTERS 92,884 79,488 96,525 BOARD OF FINANCE 70,917 70,159 80,713 ASSESSOR 272,742 292,148 287,213 BD.ASSESSMENT APPEALS 3,969 1,602 1,742 TAX COLLECTOR 217,422 217,865 232,331 FINANCE DEPARTMENT 718.327 747,721 767,856 LEGAL DEPARTMENT 359,635 295,000 295,000 TOWN CLERK 286,883 252,225 264,849 PLANNING & ZONING 605,977 661,210 686,543 BUILDING MAINTENANCE 862,465 899,770 895,824 INSURANCE 4,413,432 5,105,857 4,962,182 ECONOMIC DEVELOPMENT COMM 16,396 27,447 CONSERVATION COMMISSION 13,529 18,250 ZONING BOARD OF APPEALS 3,678 4,310 RETIREMENT COMMISSION 6,234,062 7,049,737 25,267 18,250 4,310 7,760,257 REPRESENTATIVE TOWN MTG . 17,490 18,903 18,903 BUILDING DEPARTMENT 245,839 297,609 326,532 SOC.SVC.GRANTS / MISC . 88,122 92.316 100,250 CONTINGENCY 233,793 265,000 255,000 FLOOD & EROSION CONTROL BD 422 2,138 ETHICS COMMISSION 250 900 HUMAN RESOURCES DEPARTMENT 246,534 259,836 1,109 900 264,204 EMERGENCY MANAGEMENT 969,279 1,094,563 1,196,762 FIRE SERVICES 3,578,837 3,531,618 3,632,425 POLICE DEPARTMENT 6,461,804 6,830,602 7,115,644 INFORMATION TECHNOLOGY 1,048,900 1,165,181 1,231,423 PUBLIC WORKS DEPARTMENT 4,596,371 4,994,798 5,086,238 YOUTH SERVICES 226,881 239,827 294,579 CONSERVATION OF HEALTH 148,126 148,407 148,407 PUBLIC HEALTH NURSING SERV . 8,279 25,911 26,297 SENIOR CITIZENS COMMISSION 444,853 484,631 481,248 WATERFORD PUBLIC LIBRARY 988,394 1,006,837 1,006,837 RECREATION & PARKS COMM . 1,546,365 1,423,523 1,485,080 TOTAL GENERAL GOVERNMENT 35,228,090 37,812,994 39,267,105 BOARD OF EDUCATION : OPERATING BUDGET 51,804,421 54,193,983 57,611,181 TOTAL BOARD OF EDUCATION 51,804,421 54,193,983 57,611,181 CAPITAL AND DEBT SERVICE : CURRENT YEAR CAPITAL IMPR . 2,383,955 1,636,721 1,312,527 TRANS TO CAP & NON - REC . 222,229 281,250 938,399 DEBT SERVICE 7,197,460 8,148,250 8,109,746 TOTAL CAPITAL AND DEBT SERVICE TOTAL GENERAL FUND 9,803,644 10,066,221 10,360,672 96,836,155 102,073,198 107,238,958 Glenn Patterson , CHAIRMAN BOARD OF FINANCE