§ 16-101. Fiscal year

MD Local Gov Code § 16-101 (2019) (N/A)
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(a)    The fiscal year for each county, municipality, or special taxing district begins on July 1 of a calendar year and ends on June 30 of the next calendar year.

(b)    Each county, municipality, and special taxing district shall use the fiscal year for:

(1)    appropriating money;

(2)    authorizing expenditures; and

(3)    balancing books and accounts.