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
802-524-2415
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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