California Education Code 41421 – A school district is a newly formed district up to the close of the …
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A school district is a newly formed district up to the close of the fiscal year in which its formation became effective for all purposes.
(Enacted by Stats. 1976, Ch. 1010.)
Terms Used In California Education Code 41421
- 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.