Council reviews $2.185M in supplemental state aid; approves tax refunds and moves delinquent accounts to suspense

At the May 13, 2026 regular meeting (Town Hall Council Chambers, hybrid), the Ledyard Town Council reviewed supplemental state revenues for FY 2026/2027 (Supplemental Education Aid $481,304; Supplemental Pequot‑Mohegan $1,703,834; total $2,185,138) and discussed using the funds to minimize use of the Mill Rate Stabilization Fund and bring the FY2026/2027 mill rate to the adjusted/equalized rate. The Council approved prior meeting minutes, authorized three tax refunds totaling $24,255.39, and transferred $112,659.56 in delinquent tax accounts to the suspense file while moving $265.89 in small overpayments to the general fund. Actions were generally approved unanimously (7–0). The new revenue information will be presented at the May 18, 2026 Annual Town Meeting.