05/30/2025
Fix the Budget. The Board of Finance Must Act Now. There Is Still Time.
Many voters have asked for a $500,000 cut to the debt service line item, money that is not needed for that purpose. Over the last two years, the Board of Finance has transferred over $650,000 out of the debt service account. This is money that was never used for debt payments.
Here's the proof (see table below). These funds were quietly moved for other purposes without any public vote. That means: The Board of Finance has been using the debt service line item as a slush fund.
Let’s be clear: this is not money set aside for employee retirement or post-separation benefits. According to the Town’s own financial documents, including those provided by the Treasurer, these funds were not used for that purpose.
The Accounting Truth
Under GASB accounting standards (GASB 16 and GASB 75), towns are not required to budget for long-term liabilities like compensated absences in the current year unless the payment is due. That’s why most Connecticut towns do not budget for compensated absences expenses in advance. It is disclosed in audits as long term debt and paid from fund balance when needed.
But here in East Windsor, the Board of Selectman and the Board of Finance padded the budget by more than $500,000, called it “debt service,” and then moved the money at will.
Legal Fees Are Also Out of Control
At the same time, East Windsor is paying double the going rate for town attorneys. Members of the public have urged the Board to seek legal counsel at market rates, like every other fiscally responsible town does. This one change alone could cut the legal line item in half.
What Could Be Cut Right Now:
1. The remaining $405,000 from debt service.
2. $145,000 from overpriced legal fees
This reduction of $550,000 would bring the budget increase down from 4.77% to 3.56% and would have ZERO impact on the schools or on town services.
If They Don’t…
If this third referendum fails on June 10, the budget automatically defaults to last year’s spending plus 2%, under Section 8-5(B)(4) of the Town Charter.
That means:
No fiscal reform.
The Town side keeps its bloated allocations.
The Board of Education could be forced to cut staff.
It would be irresponsible for the Board of Finance to send voters a flawed budget and then blame the voters for rejecting it.
Yes, They Can Still Fix This – Here’s How:
According to the Town Charter (Section 8-5), the Board of Finance can reopen their vote and adopt a new budget version—but only if they act immediately.
Pathway to Action:
1. Call a special meeting immediately (must be noticed 24 hours in advance per FOIA).
2. Reopen the previous motion and adopt a revised budget with cuts to debt service and legal.
3. Submit the revised budget to the Town Clerk before ballots are printed.
4. Proceed with the June 10 vote as scheduled—with an honest and defensible budget.
This is not about partisanship. It’s about math.
It’s about telling the truth to taxpayers, showing fiscal restraint, and protecting our schools.
There is time. There is a path.
Now we need courage from the Board of Finance.
Transfer # Date From To Amount
28 2023-03-15 Debt Service Social Services $40,000.00
33 2023-04-19 Debt Service Radio System $15,000.00
34 2023-04-19 Debt Service Collection (Trash) $65,000.00
35 2023-04-19 Debt Service Single Stream Recycling $20,000.00
39 2023-05-17 Debt Service General Assistance $10,000.00
40 2023-05-17 Debt Service CIP Playground $165,000.00
23 2024-03-20 Debt Service Legal Town Council $150,000.00
24 2024-03-20 Debt Service Single Stream Recycling $20,000.00
25 2024-03-20 Debt Service Collection $20,000.00
26 2024-03-20 Debt Service Disposal $10,000.00
27 2024-03-20 Debt Service Probate $2,000.00
28 2024-03-20 Debt Service Full-Time Salary $2,000.00
29 2024-03-20 Debt Service Full-Time Salary $1,500.00
30 2024-03-20 Debt Service Renegotiation $1,150.00
31 2024-03-20 Debt Service Food (Community Resource Team) $5,000.00
38 2024-06-18 Debt Service Site Improvements $8,000.00
27 2025-03-19 Debt Service Town Attorney $75,000.00
28 2025-03-19 Debt Service Labor Law (Labor Attorney) $25,000.00
Total $634,650.00