Beginning Of Fiscal Year 2024 Calendar

Beginning Of Fiscal Year 2024 Calendar. October 1, 2023 (the first day of fiscal year 2024) fell on a weekend, so certain payments that would ordinarily have been made on that day were instead made in fiscal year 2023. As new school year gets underway, ut system approves $30.9 billion budget for fy 2025.

A fiscal year (fy), also known as a budget year, is a period of time used by the government and businesses for accounting purposes to formulate annual financial. A calendar year always runs from january 1 to december 31.