Virginia Code 2.2-805: Fiscal year.
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The fiscal year shall commence on the first day of July and end on the thirtieth day of June.
Terms Used In Virginia Code 2.2-805
- 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.
Code 1950, § 2-165; 1966, c. 677, § 2.1-197; 2001, c. 844.