CFR > Title 34 > Subtitle B > Chapter III > Part 367 > Subpart E – How Does the Secretary Award Formula Grants?
Current as of: 2024 | Check for updates
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Other versions
| § 367.50 | Under what circumstances does the Secretary award formula grants to States? |
| § 367.51 | How are allotments made? |
| § 367.52 | How does the Secretary reallot funds under this program? |
Terms Used In CFR > Title 34 > Subtitle B > Chapter III > Part 367 > Subpart E - How Does the Secretary Award Formula Grants?
- 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.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.