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Whats the difference between the calendar year and the fiscal year?

April 26, 2017calendar year

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Whats the difference between the calendar year and the fiscal year?

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The City of Boston operates on a Fiscal Year basis for tax billing purposes. The Calendar year is January 1 – December 31. The Fiscal Year is July 1 – June 30. Fiscal Year 2010 runs from July 1, 2009 – June 30, 2010.