Maryland Code, EDUCATION 9.7-108
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Terms Used In Maryland Code, EDUCATION 9.7-108
- 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.
(a) An operator shall conduct an evaluation of the pilot each year.
(b) The operator, after receiving approval of the Advisory Board, shall submit to the Department and the Maryland Department of Labor an evaluation report for the prior fiscal year that includes:
(1) The academic and career progress of each student enrolled in the pilot; and
(2) The pilot’s fiscal year financial report.