Colchester, Connecticut

Finance Department Reorganization Proposal

Board of Education Meeting 6:00PM

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Finance Department Reorganization Proposal

Current Organization



Position*                        Town $           BOE $        Total $

CFO (50/50)                              70,250       70,250       140,500

Deputy CFO (Vacant, 50/50)               45,000       45,000         90,000

Accountant (50/50)                       41,000       41,000         82,000

Payroll/Ben. (30/70)                     22,637       52,796         75,423

AP/Payroll (40/60)                       21,907       32,861         54,768

AP/Payroll (40/60)                       21,907       32,861         54,768

TOTAL                                   222,701      274,768       497,459
 *Does not include longevity payments


Proposed Organization:


Position*                        BOE $

Director of Finance - New               125,000

Accountant                               82,000

Benefits/HR - New                        70,000

AP/Payroll (40/60)                       32,861

AP/Payroll (40/60)                       32,861

TOTAL                                   342,722

Current                                 274,768

Additional $                             67,954
 *Does not include longevity payments
Comparison Districts (using information from websites, may not be 100% accurate):

East Lyme Public Schools (Enrollment Approx 2500):
   ● Director of Finance, Marketing and Growth
   ● Fiscal and HR Analyst
   ● Payroll Coordinator
   ● AP Coordinator
   ● Administrative Assistant

Waterford Public Schools (Enrollment Approx. 2400):
   ● Director of Finance & Operations
   ● Accountant
   ● AP Coordinator
   ● Payroll Coordinator
   ● Executive Assistant to Director

Wolcott Public Schools (Enrollment Approx. 2300):
   ● Director of Business Management
   ● AP Coordinator
   ● Payroll Coordinator
   ● Purchasing Coordinator
   ● General Ledger Coordinator
   ● Administrative Assistant

Plainville Public Schools (Enrollment Approx. 2200)
    ● Director of Business and Operations
    ● Accounts Payable & Grants - OP
    ● Payroll - OP
    ● Grants, Athletics & Activities - OP
    ● Office Professional - General

Killingly Public Schools (Enrollment Approx. 2100)
     ● Manager of Business Affairs
     ● Payroll Coordinator
     ● AP/Receivable Coordinator
     ● Administrative Assistant

Cromwell Public Schools (Enrollment Approx. 1900):
   ● Director of Finance
   ● AP Coordinator
   ● Payroll Coordinator
   ● Administrative Assistant