What is a fiscal year?
A fiscal year is a 12-month operating cycle that comprises a budget and financial reporting period. The Town's fiscal year, along with other local governments and special districts within the State of Florida, begins on October 1 and ends on September 30.

Show All Answers

1. What is the purpose of the Town budget?
2. What is a fiscal year?
3. From where does the Town obtain its revenues?
4. How is revenue used by the Town?
5. What is property rate?
6. What is homestead exemption?
7. What is a mill of tax?
8. The total property tax rate for FY 2008 on property in the Town of Indian Shores was 16.8594 mills. How much of that was paid to the Town?
9. What is the difference between ad valorem tax and property tax?
10. What is an operating budget?
11. What is a capital improvement budget?
12. What is a fund?
13. What is an enterprise fund?
14. What is a budget appropriation?
15. What is a budget amendment?
16. Who establishes the rules by which the Town of Indian Shores adopts its annual budget and property tax rate?
17. Who is the Chief Executive Officer of the Town of Indian Shores?
18. What are franchise fees, and why does the Town of Indian Shores levy them?