§ 101241 District Fiscal Year

Public Utilities Code·California

AI SummaryVerified

This law says the district's money year starts on July 1 and ends on June 30 every year.

Key Takeaways

•The district's money year starts on July 1.
•The money year ends on June 30.
•All money stuff follows this schedule.

Example

If the district gets money in August, it counts for this year's budget.

Because the money year starts in July, August is part of the new money year.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 101241 District Fiscal Year

The fiscal affairs of the district shall be predicated upon a fiscal year commencing on the first day of July of each calendar year and terminating on the 30th day of June of the following calendar year. (Added by Stats. 1971, Ch. 1161.)

Last verified: January 11, 2026

Key Terms

fiscal year first day of July 30th day of June

References

Official text at leginfo.legislature.ca.gov
California Legislature. Public Utilities Code. Section 101241.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References