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July 2006

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Vermont Municipal Government Discussion Network <[log in to unmask]>
Date:
Fri, 28 Jul 2006 09:11:57 -0400
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Hi Gail, Wolcott changed to a fiscal year in 1996.  We choose to have
two budgets.  January to June and July to June.  Our taxes are due May
10th and November 10th.  We had the May installment cover the 1/2 year
and November and May cover the new year. I love having a fiscal year.
Less pressure on ending the year, having an audit and getting the town
report printed in time for town meeting.  Linda 



-----Original Message-----
From: Vermont Municipal Government Discussion Network
[mailto:[log in to unmask]] On Behalf Of Tinmouth, Vermont
Sent: Thursday, July 27, 2006 5:01 PM
To: [log in to unmask]
Subject: Re: changing fiscal years

Hi All,

My Select Board is considering changing the town to a fiscal year to 
coincide with the school.
So as their assistant I've been given the task of research.  Can you 
all help me?

Any pitfalls?

Have you done it and not switched to quarterly payments? (We have two 
payments and I'd like to keep it that way.)

Did you budget for 18 months or 6 months and then 12 months?

Any advice on how to make sure it goes smoothly?

Thanks very kindly.

:-)
Gail Fallar

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