Government budgets can be tough to understand, but now the Town of Cohasset, Massachusetts is providing the next generation of accessibility in financial information that allows citizens to view, engage with, and discuss.
Capital (Includes Debt Service)The Town's capital improvements program policies call for the allocation of approximately 10% of the general fund revenues to the capital budget or capital stabilization fund. This is exclusive of dedicated funding sources such as enterprise funds, grants, and Proposition 2 1/2 debt exclusion projects.
Cherry SheetCherry-colored form showing state and county charges and reimbursements to the Town as certified by the State Director of Accounts.
Enterprise FundsFunds that account for all revenues and expenditures for services and allow surpluses to be used to reduce user fees for the services or to pay capital improvements. Each fund has an independent budget. Losses are made up from the Town's general fund. Presently, Cohasset has enterprise funds for Water and Sewer.
Fiscal YearJuly 1 through June 30.