The fiscal year in each reorganized school district shall begin on July 1 and end on June 30 of the succeeding year.

14 Del. C. 1953, § ?1024; 56 Del. Laws, c. 292, § ?6;

Terms Used In Delaware Code Title 14 Sec. 1024

  • 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.
  • Year: means a calendar year, and is equivalent to the words "year of our Lord. See Delaware Code Title 1 Sec. 302