The Fiscal Year ("FY") begins each year on July 1 and ends on June 30 of the following year (which is the year of the fiscal year, i.e., July 1, 2006 through June 30, 2007 is referred to as "FY 2007").

Revenues and expenses from that fiscal year, but received within 60 days after June 30, may be included (for example, if an income tax check for June 2007 does not reach the Town until August 15, 2007 the funds may still be included in FY 2007).  Therefore, the financial audit conducted by an outside accounting firm each year does not usually begin until after August 30.

The Capital Infrastructure Outlay Program is a 10-year planning document for equipment expected to last over time (such as vehicle replacements) and infrastructure improvements (such as street maintenance and repairs). These expenditures are directly paid out of the capital outlays fund and are updated each year.

FY 2008 (July 1, 2007 - June 30, 2008)

• Budget Meeting Schedule
• Budget Survey Results (April 2, 2007)
• Capital Infrastructure Outlay Program
• First Draft (April 24, 2007)
• Second Draft (May 22, 2007)
• Proposed Budget (April 24, 2007)
• Approved Budget (May 22, 2007)

FY 2007 (July 1, 2006 - June 30, 2007)

• Audit (December 31, 2007 revision)
• Approved Budget (May 23, 2006)
• Budget Cuts (April 11, 2007)

FY 2006 (July 1, 2005 - June 30, 2006)

• Audit (October 6, 2006)

FY 2005 (July 1, 2004 - June 30, 2005)

• Audit (August 22, 2005)

FY 2004 (July 1, 2003 - June 30, 2004)

• Audit (October 13, 2004)