The fiscal year of Mount Pocono Borough begins January 1 and ends December 31. The budget process begins in September with the budget committee reviewing departmental requests. A budget is drafted and discussed during a series of public budget meetings. According to the Borough Code of PA all boroughs must prepare a budget at least 30 days before its adoption. Once the council proposes a budget it must be advertised for at least 10 days to allow for public inspection. A hearing will be scheduled after the 10 days to allow for further public comment. After the completion of the hearing the council will vote to adopt the budget. By law, the council must adopt a budget by motion of the council, no later than December 31.