installation/mounting of Solar Pannels; and the HVAC System at Juliet W. Long School).
He stated that STV has since has changed the Representative for Ledyard explaining that
their new Representative was actively working on the projects. He stated that they hoped the
new STV Representative would be a big plus in terms of getting these long-delayed project
across the finish line. He stated the contractor was currently working to put the cap pieces on
the roof. He stated because some of the roofing materials were installed incorrectly that the
contractor would go back to the Gales Ferry School to remove and replace the panels, noting
the Roofing Manufacturer, Garland, has provided the new roofing materials for the
contractor to reinstall; (5) Southeastern Connecticut Council of Governments (SCCOG) -
Mayor Allyn stated SCCOG met last week noting that they discussed the projected State’s
Funding to Municipalities for the upcoming Fiscal Year (fy 25/26). He reported that the early
indications was that funding from the State would be flat funded for the sixth straight year,
noting that this would pose a challenge for everybody. He stated that he would be working
the projected State Revenues into his proposed Fiscal Year 2025/2026 Budget; (6) Fiscal
Year 2025/2026 Budget - Mayor Allyn stated the Board of Education submitted their
$40,667,242 budget on Monday, February 24, 2025 in accordance with the Town Charter. He
stated that he would be submitting the General Government’s proposed Budget along with the
Board of Education’s proposed Budget to the Town Council on Monday, March 3, 2025. He
stated that he planned to include a Budget Summary of the General Government’s Budget in
addition to his Budget Transmittal Letter. He explained the idea of providing a Budget
Summary was to enable everyone to understand the budget within five minutes. He stated
that he welcomed the Town Council’s feedback, noting that it was important that they
provide transparency on how residents’ tax dollars were being spent. He stated although he
was still working on the General Government’s proposed budget; the increase was about
$644,000; and the Board of Education’s budget increase was $2,297,419 or 5.98% over the
current year’s budget. He stated a 3.15 mil increase would be required to support the
upcoming budget as it currently stands. He stated residents would see a $1,000 to $1,500
increase in their tax bills, noting that this did not bode well, when 31% of Ledyard’s
residents were at the Asset Limited Income Constrained &Employed (ALICE) threshold
based on the United Way Report; (7) Library Director job Posting - Mayor Allyn stated the
town received about a dozen applications and that they would be conducting interviews to
fill the Library Director position tomorrow. He stated that Library Director Jennifer Smith
and other staff would participate in the interview process. He stated that Library Director
Jennifer Smith was fantastic, noting that she did some great things for the town during the
three-years she was in Ledyard and that he was sorry to see her go; (8) Motor Vehicle
Taxation Formula- Mayor Allyn noted the changes to the Motor Vehicle Tax explaining that
the current tax was based on the Blue Book Value. However, he stated under the new
Legislation which will commence with the October 2024 Grand List utilizes the vehicles
MSRP (Sticker Price) in year one, followed by a 20% depreciation in year two, then a
straight-line annual depreciation of 5%. However, the new Legislation permits municipalities
to change the depreciation schedule by a vote of the Town Council, which would move to
MSRP, then 90% in year two, 85% in year three and so on. He explained that this change
would reduce the Grand List decline to 0.64% as opposed to the 1.6% and it would recover
nearly $444,000 in taxes. He stated that he has talked with neighboring towns about what
they were considering relative to the motor vehicle taxation formula, noting that Stonington
amended their agenda for tonight because they recognize that they were losing tax revenue
from both Motor Vehicle Taxation Formula and from Public Act 24-46 “An Act Establishing
a Property Tax Exemption for Veterans Who Have a Service-Connected Permanent and Total