Terms Used In 5 Guam Code Ann. § 22905

  • 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.
The Director of Administration shall account for and administer the Rainy Day Fund. The Director shall keep all books, records, files and accounts of the Rainy Day Fund. The Director shall prepare quarterly reports relative to the Rainy Day Fund reflecting the transactions and the financial condition of the Rainy Day Fund, which quarterly reports shall be transmitted to the Legislature and the Governor not later than thirty (30) days after the end of each quarter during the fiscal year.