Federal Fiscal Year
/ˈfɛdərəl ˈfɪskəl jɪər/
Definitions
- (n.) A 12-month accounting period used by the United States government for budget and financial purposes, running from October 1 of one year through September 30 of the following year.
The agency must submit its budget request before the start of the federal fiscal year on October 1.
Forms
- federal fiscal year
- federal fiscal years
Related terms
See also
Commentary
The federal fiscal year is distinct from the calendar year and is crucial in government appropriations and financial planning contexts.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.