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TOWN OF ORCHID FINANCIALS & BUDGETS


Financials

Annually, the Town of Orchid's financial statements of governmental activities are audited by an independent auditing firm, Rehmann. Below you will find past audited financial reports by financial year. Please note that financial years in Town of Orchid start October 1st and end September 30th. 











Final Adopted ​Budgets
Each year the Town must adopt a budget according to the Truth in Millage (TRIM) process. In September annually, the Council sets a millage rate (property tax rate) and adopts a final budget for the upcoming fiscal year to start October 1.  There are public hearings on the tentative millage rate, the tentative budget, the final millage rate and two hearings on the final budget. For any questions related to TRIM or the adopted budget, please contact the Town Manager.












​​Town of Orchid

located between the atlantic ocean and the intercoastal waterway in historic indian river county