Summary
Finance Committee meeting minutes — January 21, 2026: winter budget adjustments, fire repair authorization, Avalonia tax-exemption advanced
LedyardJan 21, 20265 min read
At a glance
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Committee approved minutes, recommended overexpenditures for winter operations and a fire repair, transferred $1,575 from Conservation operating to trail maintenance, advanced a draft ordinance and resolution to grant/abate Avalonia Land Conservancy tax-exempt status, and continued discussion on opioid settlement uses and property tax exemption policy.
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Key decisions
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- Approved Finance Committee minutes of January 7, 2026 (vote 3-0).
- Recommended authorizing overexpenditure of winter operations budget accounts 10140103-51815 (Snow Overtime), 10140103-58300 (Employee Reimbursement), and 10140107-56301 (Salt and Sand) due to higher-than-normal winter operations (vote 3-0).
- Recommended transfer of the audited, unexpended balance of the Conservation Commission’s FY 24/25 operating budget ($1,575) to the CNR Fund and increase account #21090305-58922 (Trail Maintenance) by the same amount in accordance with Ordinance #300-018 (vote 3-0).
- Recommended authorizing overspending account #0101-20-2050-20501-54300 (Ledyard Fire Company, Repairs and Maintenance) by an amount not to exceed $8,000 to replace springs on Engine R-11 (vote 3-0).
- Recommended adoption of a draft ordinance authorizing Avalonia Land Conservancy, Inc. to receive property tax-exempt status as of the date of purchase; scheduled a hybrid public hearing for February 11, 2026 at 6:30 p.m.; and recommended a resolution to abate delinquent property taxes for Avalonia Land Conservancy, Inc. (documents cite $1,120.72 paid at closing and $3,098.96 billed) (votes 3-0).
- Continued/ongoing items: discussion of potential uses for National Opioid Settlement payments; scheduling a joint Town Council/Board of Education finance meeting (special joint meeting set for February 4, 2026); and review of town property tax exemption ordinances including veterans exemptions and homestead exemption concepts (result: continue).
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Meeting information
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Finance Committee
Jan 21, 2026, 12:00 AMTown Hall Annex Building - Hybrid Formatscheduled
Regular Meeting
Agenda
- 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/83926218887?pwd=JWh6v9kUaJjarOfR1BQRJd76sKiWne.1 by Audio Only: Telephone: +1 646 558 8656; Meeting ID: 839 2621 8887; Passcode: 880844
- CALL TO ORDER
- ROLL CALL
- RESIDENTS & PROPERTY OWNERS COMMENTS
- PRESENTATIONS / INFORMATIONAL ITEMS
- APPROVAL OF MINUTES
- MOTION to approve the Finance Committee Minutes of January 7, 2026
- Finance Director’s Report - Fiscal Year 2025-2026
- Financial Reports - Fiscal Year 2025-2026
- OLD BUSINESS
- Discussion regarding potential uses for the funding received from the National Opioid Settlement Payments.
- Discussion scheduling Regular Quarterly Joint Finance Committee Meetings between the Town Council and Board of Education.
- Continued discussion regarding upcoming potential Grant Opportunities.
- Any Old Business proper to come before the Committee.
- NEW BUSINESS
- MOTION to amend the Agenda to add the following: Discussion and possible action on the MOTION to recommend the Town Council authorize overspending account # 0101-20-2050-20501-54300 (Ledyard Fire Company, Repairs and Maintenance) by an amount not to exceed $8,000.
- ***ADD ON***
- MOTION to authorize overexpenditure of winter operations budget accounts 10140103-51815 (Snow Overtime), 10140103-58300 (Employee Reimbursement), and 10140107-56301 (Salt and Sand) due to higher-than-normal winter operation’s needs.
- ***ADD ON***
- MOTION to authorize the transfer of the audited, unexpended balance of the Conservation Commission’s FY 24/25 operating budget in the amount of $1,575 to the CNR Fund and increase the budgeted appropriation for account #21090305-58922 (Trail Maintenance) by the same amount in accordance with Ordinance #300-018 “An Ordinance Establishing a Conservation Commission for the Town of Ledyard”.
- ***ADD ON***
- MOTION to authorize overspending account # 0101-20-2050-20501-54300 (Ledyard Fire Company, Repairs and Maintenance) by an amount not to exceed $8,000.
- MOTION to adopt a proposed "An Ordinance of the Town Of Ledyard Authorizing Avalonia Land Conservancy, Inc., to Receive Property Tax Exempt Status As of the Date of Purchase of Real Property to be Preserved And Maintained As Open Space" as presented in the draft dated January 15, 2026.
- MOTION to schedule a Hybird (in-Person and Video Conference) Public Hearing date for February 11, 2026 at 6:30 p.m. to receive comments and recommendations regarding a proposed "An Ordinance of the Town Of Ledyard Authorizing Avalonia Land Conservancy, Inc., to Receive Property Tax Exempt Status As of the Date of Purchase of Real Property to be Preserved And Maintained As Open Space".
- MOTION to adopt a proposed a proposed “Resolution Authorizing The Abatement Delinquent Property Taxes For The Avalonia Land Conservancy” as presented in the draft dated January 15, 2026.
- Discussion regarding the Town’s Property Tax Exemption Ordinances
- Any New Business proper to come before the Committee
- ADJOURNMENT
- DISCLAIMER: Although we try to be timely and accurate these are not official records of the Town.
- Agenda Item
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