Terms Used In South Carolina Code 60-9-20

  • 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.
The funds provided under § 60-9-10 shall be expended only for the establishment of a library, for the enlargement of a library or for the purchase of supplementary readers to be kept in the school library. Any free public school may participate in this fund but only once during a fiscal year. The trustees or teachers of any school receiving the benefits of this section and § 60-9-10 shall file, both with the county superintendent of education and with the State Superintendent of Education, a correct and legible list of the books purchased.
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