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July 2006


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"St. Albans Town Clerk" <[log in to unmask]>
Reply To:
Vermont Municipal Government Discussion Network <[log in to unmask]>
Fri, 28 Jul 2006 08:15:35 -0400
text/plain (39 lines)
We switched to a fiscal year also to coincide with the school and I would 
never change back!  We did it on an 18 month budget with lots of advice from 
our auditor.  We have four quarterly payments a year for taxes and it works 
very well.  The money is coming in much better than when we had a 12/1 only 
tax payment.  Very rarely do I have to borrow money at the beginning of the 
fiscal year.

Kathy S. Middlemiss
St. Albans Town Clerk/Treasurer
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----- Original Message ----- 
From: "Tinmouth, Vermont" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Thursday, July 27, 2006 5:00 PM
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