Summary

Finance Committee agrees by consensus to adjustments that lower the proposed FY2026/2027 budget to $73,627,506

LedyardMar 19, 20261 min read

At a glance

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The Ledyard Finance Committee met March 19, 2026 (4:00 PM, Town Hall Annex — hybrid) for a FY2026/2027 budget work session. Committee members reviewed capital and operating additions/reductions and revenue adjustments after earlier budget work sessions on March 5, 9 and 12. By consensus the Committee approved General Government expenditure additions of $8,197 and reductions of $191,360 (no changes to Board of Education expenditures), and revenue adjustments resulting in a revised total budget of $73,627,506. The Committee will continue budget review on April 1, 2026 and aims to forward a proposed budget to the Town Council on April 8, 2026 to meet an April 21, 2026 public hearing. The session adjourned at 5:11 PM.

Committees mentioned

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Finance Committee

Topics discussed

Budget & TaxEducation

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Key decisions

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By consensus, approve expenditure additions to General Government totaling $8,197.
By consensus, approve expenditure reductions to General Government totaling $191,360.
No additions or reductions approved for the Board of Education budget during this session.
Apply revenue adjustments resulting in a revised total FY2026/2027 proposed budget of $73,627,506 (from $73,810,669).
Noted Councilor Ryan's emailed suggestion to reduce the Board of Education proposed increase by $470,093 (to a $1,000,000 increase and a BOE budget of $41,462,242); the Committee's working totals retained the Board of Education line at $41,932,335.
Schedule: Continue Finance Committee budget discussion April 1, 2026; forward proposed budget to Town Council April 8, 2026 to meet the April 21, 2026 public hearing date.

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