Terms Used In Louisiana Revised Statutes 49:1119

  • 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 commission may accept funds and in-kind services from private sources at national, state, or local levels.  The commission may receive federal funds as may be available.  No state general fund monies or other funds appropriated to the commission shall be used to displace, replace, or supplant any federal funds appropriated to the commission in any prior fiscal year.  Nothing in this Section shall preclude the commission from receiving or accepting any in-kind services from a state agency.

Acts 1995, No. 742, §2, eff. June 27, 1995; Acts 2003, No. 219, §1.