§ 66530 Fiscal Year Definition

• •The 'fiscal year' is a 12-month period used for budgeting and money planning.
• •It starts on April 1 and ends on March 31 of the next year.
• •This is different from a regular calendar year (January to December).

If a school plans its budget for the fiscal year,

They start counting their money on April 1 and stop on March 31 of the next year. So, their budget for 2024 would run from April 1, 2024, to March 31, 2025.