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Shapleigh board weighs switch to July–June fiscal year with 18‑month transition
Summary
Select Board discussed shifting the town’s fiscal year to July–June to align with state and school budgets and proposed an 18‑month transition budget; members said the move could ease cash flow but would mean a one‑time tax-billing transition for residents.
The Shapleigh Select Board discussed a proposal to move the town’s fiscal year to July 1–June 30 and use an 18‑month budget for the initial transition.
A board member summarized the plan: “we will review them over the next 2 weeks, and then we will come back to the board with a recommendation,” and said the first year of the change would require an 18‑month budget to align town finances with state and school fiscal cycles. Officials said the change could improve cash flow by avoiding a long period when town funds are low before tax collections arrive.
Supporters said aligning the town with state and school budgets would simplify billing cycles and reduce borrowing. The chair cautioned that the transition could mean an extra tax bill during the 18‑month period and urged public outreach and workshops so residents understand the short‑term impact. The board agreed to consult with the Maine Municipal Association for technical guidance and to schedule workshops before making a final decision.
