Terms Used In Indiana Code 21-12-4-8

  • 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.
   Sec. 8. Money remaining in the freedom of choice grant fund at the end of any fiscal year does not revert to the state general fund, but remains available to be used for making freedom of choice grants under this chapter, or it may be transferred to another fund under this article as directed by the commission under IC 21-12-1.2-2.

[Pre-2007 Higher Education Recodification Citation: 20-12-21-18 part.]

As added by P.L.2-2007, SEC.253. Amended by P.L.234-2015, SEC.10.