Section 13. If the amount appropriated for chapter 70 school aid in a fiscal year is less than the amount prescribed in sections 2 and 3, priority shall be given to funding foundation aid.

Terms Used In Massachusetts General Laws ch. 70 sec. 13

  • 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.
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