Texas Education Code 74.506 – Funding
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Terms Used In Texas Education Code 74.506
- 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.
No state funds shall be expended for physical improvements for the purpose of this Act before fiscal year 1977.