Terms Used In Utah Code 51-7-3.5

  • 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: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
     The fiscal year of the state of Utah shall commence on the first day of July of each year.

Renumbered and Amended by Chapter 382, 2008 General Session