The fiscal year shall commence on the first day of July.

(Added by Stats. 1970, Ch. 789.)

Terms Used In California Government Code 13290

  • 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.