741 Colonel Ledyard Highway  
Ledyard, Connecticut 06339  
TOWN OF LEDYARD  
CONNECTICUT  
Finance Committee  
~ AGENDA ~  
Chairman  
Kevin J. Dombrowski  
Regular Meeting - Hybrid Format  
5:00 PM  
Wednesday, January 18, 2023  
Town Hall Annex Building  
In -Person Location goes here  
Join Zoom Meeting from your Computer, Smart Phone or Tablet:  
https://us06web.zoom.us/j/86065224602?pwd=c3RrdTQ1WTd5allUUEs1ZFVrbjl0Zz09  
by Audio Only: Telephone: +1 646 558 8656; Meeting ID: 860 6522 4602 ; Passcode: 865037  
I
CALL TO ORDER  
II.  
III.  
IV.  
ROLL CALL  
CITIZENS COMMENTS  
PRESENTATIONS / INFORMATIONAL ITEMS  
CliftonLarsonAllen, LLP Annual Audit Report Fiscal Year Ending June 30, 2022  
Town of Ledyard 2022 Audit Presentation.pdf  
Attachments:  
Annual Audit FYE-2022-06-30-Management Advisory Letter.pdf  
revised Signed Final Report and Financial Statements.  
-fye-2022-06-30.pdf  
Signed Federal Single Audit Report-FYE-2022-06-30-REVISED.pdf  
Signed Governance Communication-FYE-2022-06-30.pdf  
Signed State Single Audit Report.-FYE-2022-06-30pdf.pdf  
Annual Audit FYE-2022-06-30-Management Advisory Letter.pdf  
V.  
APPROVAL OF MINUTES  
Finance Committee Regular Meeting Minutes of January 4, 2023  
FIN-MIN-2023-01-04.pdf  
Attachments:  
VI.  
FINANCE DIRECTOR'S REPORT  
FINANCIAL REPORTS  
·
·
Revenue Report December 31, 2022  
Expenditure Year-to-Date Report- December 31, 2022  
REVENUE REPORT - YEAR TO DATE VS  
ACTURAL2022-12-30.pdf  
Attachments:  
EXPENDITURE REPORT - YEAR TO DATE VS  
ACTURAL-2022-12-30.pdf  
OLD BUSINESS  
Continued 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.  
1.  
ARPA project accounting 12.29.22.xlsx  
Attachments:  
Any other Old Business proper to come before the Committee.  
2.  
VII. NEW BUSINESS  
Discussion and possible action on the transfer of the Board of Education FY 21-22  
1
operating budget audited surplus of $448,253 to the BOE Capital Reserve Fund in  
accordance with the Town Council adopted resolution that created the funding  
mechanism. Not factored into the aforementioned surplus is the Board of Education  
Healthcare deficit for the same audit period of $861,753.  
Discussion Item- School Surplus.docx  
Attachments:  
MOTION to adopt proposed revisions to the "Resolution Establishing  
Administrator/Department Head Benefits" as contained in the draft dated January 9,  
2023.  
2.  
3.  
2022 REVISIONS - RES DEPT HEAD ADMINSTRATORS  
BENEFITS-2023-01-09.pdf  
Attachments:  
TADP Revision for new Resolution JAN2023.pdf  
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.