Terms Used In Texas Special District Local Laws Code 1085.155

  • 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 district operates according to a fiscal year that begins on October 1 and ends on September 30.