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Council authorizes $76,109 in LOSIP funds for public-facilities projects; finance report projects $1.3 million general-fund surplus
Summary
The City Council approved adding $76,109.04 in LOSIP entitlement funds to the FY24–25 capital improvement plan for public facilities. Finance director Michael Gormeny reported a projected general-fund surplus of about $1.3 million and the council approved transfer of uncollectible 2021 taxes to the suspense list totaling $1,026,853.41.
The West Haven City Council on May 27 authorized the finance director to obligate and add $76,109.04 in remaining LOSIP entitlement funds to a new “Public Facilities” capital-improvement project. The council’s action, requested by the finance and public works departments, places the state grant money into the FY24–25 capital improvement plan and caps local exposure at the grant amount.
Michael Gormeny, the city’s finance director, told the finance committee and council that LOSIP funds must be used in accordance with state LOSIP guidelines — primarily for renovation, repair, upgrades and improvements to eligible public buildings — and that the $76,109 was unallocated after reconciliation of older projects. “There’s no cost…
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