37-61-1 - "Fiscal year" and "scholastic year" defined.
§ 37-61-1. "Fiscal year" and "scholastic year" defined.
The "fiscal year" of all school districts of this state shall commence on July 1 and end on June 30 of each year. The "scholastic year" of the public schools of this state shall likewise commence on July 1 and end on June 30 of each year.
Sources: Codes, 1942, § 6534-01; Laws, 1953, Ex Sess, ch. 27, § 1; Laws, 1986, ch. 492, § 190, eff from and after July 1, 1987.