Maryland Code, STATE FINANCE AND PROCUREMENT 6-217
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Terms Used In Maryland Code, STATE FINANCE AND PROCUREMENT 6-217
- 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.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
The account that the Comptroller keeps for the Treasurer shall:
(1) charge the Treasurer with:
(i) the money that is in the State Treasury when a fiscal year begins; and
(ii) money that, on warrant, is paid into the State Treasury during the fiscal year; and
(2) credit the Treasurer with money that, on warrant, is paid from the State Treasury.