741 Colonel Ledyard Highway  
Ledyard, Connecticut 06339  
TOWN OF LEDYARD  
CONNECTICUT  
Finance Committee  
~ AGENDA ~  
Chairman  
Kevin J. Dombrowski  
Regular Meeting  
5:00 PM  
Wednesday, February 15, 2023  
Town Hall Annex Building - Hybrid  
Format  
In -Person Location - Council Chambers-Town Hall Annex Building  
Join Zoom Meeting from your Computer, Smart Phone or Tablet:  
https://us06web.zoom.us/j/82941400092?  
pwd=UUhmVnNyMUJzVGxtQXJMRzNwMmVjUT09  
by Audio Only: Telephone: +1 646 558 8656; Meeting ID: 829 4140 0092; Passcode: 708664  
I
CALL TO ORDER  
II.  
III.  
IV.  
V.  
ROLL CALL  
RESIDENTS & PROPERTY OWNERS COMMENTS  
PRESENTATIONS / INFORMATIONAL ITEMS  
APPROVAL OF MINUTES  
MOTION to approve the Finance Committee Regular Meeting Minutes of February 1,  
2023  
FIN-MIN-2023-02-01.pdf  
Attachments:  
FINANCE DIRECTOR'S REPORT  
Finance Director’s Report  
FINANCIAL REPORTS  
VI.  
OLD BUSINESS  
Continued discussion regarding the status and possible changes to Capital Improvement  
1.  
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.  
ARPA project accounting 12.29.22.xlsx  
Attachments:  
Any other Old Business proper to come before the Committee.  
2.  
VII. NEW BUSINESS  
MOTION to appropriate and transfer the Board of Education Fiscal Year 2021/2022  
audited surplus of $448,253 from unrestricted fund balance as follows:  
1.  
·
$381,015 to Account #21070101-58250 (BOE Reserve Fund) in accordance with  
“Resolution Creating a Funding Mechanism for Making Annual Appropriations to a  
Capital Reserve Fund for the Board of Education” adopted on September 28, 1988; and  
·
$67,238 to Account #21070101-58262 (Track & Field Rental Reserve) (15% when  
surplus exceeds $250,000) in accordance with “Resolution Regarding The  
Establishment Of An Account For The Revenues Received From Leasing the Ledyard  
High School Multi-Use Facility” adopted on April 22, 2020.  
1988-9-28-FUNDING BOE CAPITAL.pdf  
2020-04-22-RES-HIGH SCHOOL MULTI-USE FIELD  
REPLACEMENT-2020-04-01.pdf  
Attachments:  
MOTION to adopt proposed revisions to the “Resolution Establishing  
Administrator/Department Head Benefits” as contained in the draft dated February 8,  
2023.  
2.  
3.  
2022 REVISIONS - RES DEPT HEAD ADMINSTRATORS  
BENEFITS-A -2023-02-08.pdf  
Attachments:  
Any other New Business proper to come before the Committee.  
IV  
ADJOURNMENT  
DISCLAIMER: Although we try to be timely and accurate these are not official records of the  
Town.