Terms Used In 5 Guam Code Ann. § 4112

  • 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.
All agencies shall submit requests for supplemental appropriations on or before January 10 of the fiscal year for which the funds are requested except that for every fourth year, beginning in fiscal year 1979, the deadline shall be extended to April 10. The Legislature shall act on the Governor’s request as expeditiously as possible.