741 Colonel Ledyard Highway
Ledyard, Connecticut 06339
TOWN OF LEDYARD
Finance Committee
Meeting Minutes
Chairman Gary St. Vil
Joint Meeting-Finance Cmt-Agenda 2/4/2026 for -Town Council & Board of Education
Wednesday, February 4, 2026
5:30 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: 847 2863 5048; Passcode:
737853
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 Budget format to provide transparency to residents, as provided in the December 11,
2025 Letter of Directive; including the format of budget question presented to voters,
(separate General Government and Board of Education);
ü Options to reduce expenses and minimize budget increases;
·
Potential areas to share/consolidate/regionalize services, purchasing, contracts, etc.,
between the General Government and Board of Education and/or for privatization;
ü More accurately estimate projected budget revenues;
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.
·
Employees & Retirees Healthcare expenses.