Section 25. Immediately after July tenth, the county treasurer shall annually prepare a report of the county receipts and expenditures for the preceding fiscal year, stated separately under the heads prescribed by the director of accounts for keeping the treasurer’s books. Such statement shall contain a table setting forth the budget as approved by the advisory board on county expenditures for each specific object, the amount expended therefrom, the unexpended balance thereof, and any excess of payments over said approved budget.

Terms Used In Massachusetts General Laws ch. 35 sec. 25

  • 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.