Finance Committee joint work session with Town Council & Board of Education — FY 2026/2027 budget planning and long-term capital planning (Feb 4, 2026)

In -Person: Council Chambers, Town Hall Annex Building Remote Participation: Information Noted Below

Join Zoom Meeting from your Computer, Smart Phone or Tablet: https://ledyardct.zoom.us/j/84728635048?pwd=0Vsd2dfRn9HibkwZutQfo5Wqai5y03.1 by Audio Only: Telephone: +1 646 558 8656; Meeting ID: 847 2863 5048; Passcode: 737853

CALL TO ORDER

ROLL CALL

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: 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. · School Nurses ü Long term planning for Capital Improvement Projects (CIP); ü Potential ways to improve publicizing the Annual Budget and communication to engage residents throughout the process; and avoid mis-communication on social media.

Budget revenues and process to record and expend additional revenues received.

Discussion regarding the establishment of a Long-Term Capital Plan for all of the town-owned facilities.

Public Act #24-45 "An Act Concerning Education Mandate Relief".

Review Office Legislative Research (OLR) Report- 2025 Acts Affecting Education

Joint Quarterly Meeting Dates.

ADJOURNMENT

DISCLAIMER: Although we try to be timely and accurate these are not official records of the Town.