Terms Used In New York Laws > Public Housing > Article 13 > Title 127 - Village of Chittenango Housing Authority

• Amortization: Paying off a loan by regular installments.
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.