741 Colonel Ledyard Highway
Ledyard, Connecticut 06339
TOWN OF LEDYARD
Finance Committee
Meeting Minutes
Chairman Gary St. Vil
Joint Work Session- Finance Committees - Town Council & Board of Education
Wednesday, August 20, 2025
5:00 PM
Town Hall Annex Building - Hybrid
Format
In -Person: Council Chambers, Town Hall Annex Building
Remote Participation: Information Noted Below:
Join Zoom Meeting from your Computer, Smart Phone or Tablet:
by Audio Only: Telephone: +1 646 558 8656; Meeting ID: 844 0722 0410; Passcode:
223840
I
CALL TO ORDER
II.
ROLL CALL
III.
BUSINESS OF THE WORK SESSION
Round table discussion to collaborate on initiatives for the preparation of the Fiscal Year
2026/2027 Budget to include the following:
1.
ü Options to reduce expenses and minimize budget increases;
ü Guidance for negotiation and execution of contracts (labor, services, supplies, utilities);
ü Recording expenses on the appropriate side of the budget ledger for accuracy and
transparency.
ü Employees & Retirees Healthcare expenses.
ü Potential areas to share/consolidate/regionalize services, purchasing, contracts, etc.,
between the General Government and Board of Education and/or for privatization;
ü Long term planning for Capital Improvement Projects (CIP);
ü Budget format, including the format of budget question presented to voters, (separate
General Government and Board of Education);