​​Town of Orchid

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

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Town of Orchid Annual Audit & Budget


Financials

Annually, the Town of Orchid's financial statements are audited by independent, local auditing firm Rehmann Robson. Below you will find audited financial reports by fiscal year. The most recent report is provided under the green button. A financial year for Town of Orchid starts October 1st and ends September 30th. The audit usually takes place between March and May following the close of a fiscal year. 











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.