City of Ledyard CT header
Meeting Name: Finance Committee Agenda status: Final
Meeting date/time: 6/5/2024 5:00 PM Minutes status: Final  
Meeting location: Town Hall Annex Building - Hybrid Format
Regular Meeting
Published agenda: Agenda Agenda Accessible Agenda Accessible Agenda Published minutes: Minutes Minutes Accessible Minutes Accessible Minutes  
Agenda packet: Agenda Packet Agenda Packet
Meeting video:  
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
24-0453 1  MinutesMOTION to approve the Finance Committee Regular Meeting Minutes May 15, 2024Approved and so declared  Action details Video Video
23-1768 2VI. ReportFinance Director’s Report   Action details Video Video
23-1229 17VII. ReportFinancial Reports   Action details Video Video
24-0434 11. Financial Business Request (FBR)MOTION to authorize the purchase of a used SCBA Cascade filling station from the Town of Preston in the amount of $5,000 from Account # 0210-20-2050-20501-57300 (LFD CNR New Equipment).Recommended for Approval  Action details Video Video
24-0450 12. Financial Business Request (FBR)MOTION to appropriate and transfer $129,698 from Account #10188210-59300 (Transferred Funds) to Account #2250101-49002 (BOE CNR Transfers In); In addition, appropriate $129,698 to Account #22570101-58261 (BOE CNR Ag-Science)..end .Recommended for Approval  Action details Video Video
24-0433 13. Financial Business Request (FBR)MOTION to transfer tax accounts in the amount of $68,748.54 listed in the report dated May 1, 2024, to the “Suspense File”. In addition, authorize the transfer of non-refundable over payments in the amount of $197.41 to the general fund listed in the report dated May 21, 2024.Recommended for Approval  Action details Video Video
24-0448 14. Financial Business Request (FBR)MOTION to set Fiscal Year 2024/2025 a Real Estate and Personal Property Mil Rate of 35.21 and a Motor Vehicle Mil Rate of 32.46.Recommended for Approval  Action details Video Video
24-0459 15. Financial Business Request (FBR)MOTION to approve Standing Bid Waivers as follows: Vendors included in the Town of Ledyard Standing Bid Waiver List for FY 2025, Capital Region Purchasing Council Bids, State of Connecticut bids, other states' bids, purchasing cooperatives (i.e. Sourcewell) , and federal government bids.Recommended for Approval  Action details Video Video
24-0449 16. Application Discussion to reschedule the Finance Committee’s June 19, 2024 meeting date.   Action details Video Video
22-091 17. General DiscussionAny other Old Business proper to come before the Committee   Action details Video Video
22-064 21. General DiscussionContinued discussion regarding the status and possible changes to Capital Improvement Plan (CIP) and Capital Non-Recurring (CNR) Fund based on the American Rescue Act Funding (ARPA) and the process to approve ARPA Projects and expend ARPA Funding.Continue  Action details Video Video
22-777 42. Financial Business Request (FBR)Discussion regarding potential uses for the funding received from the National Opioid Settlement Payments.Continue  Action details Video Video
23-1457 13. General DiscussionContinued discussion regarding potential uses of the revenue received from Public Act No.21-58 “An Act Concerning Solid Waste Management” in accordance with “Resolution Regarding Revenues Received from Beverage Container Surcharges” (Nip Bottle Revenue) adopted on June 8, 2022.   Action details Video Video
24-0306 14. General DiscussionDiscussion regarding PILOT Food Scrap Composting Program.   Action details Video Video
22-092 15. General DiscussionAny other New Business proper to come before the Committee.   Action details Not available