12-22-2009, 07:35 AM
Fiscal years have NOTHING to do with 'being in Hawaii'...
Fiscal years normally are not the same as the calendar year. Almost every county I have lived in, along with most state & federal budgets are on summer fiscal years. (BTW: best time to get a fed grant is in the summer, normally depts. are spending off before the new fiscal year...) Corporation fiscal years are also offset, most in summer or fall.... Check with the IRS for the reasons...
Fiscal years normally are not the same as the calendar year. Almost every county I have lived in, along with most state & federal budgets are on summer fiscal years. (BTW: best time to get a fed grant is in the summer, normally depts. are spending off before the new fiscal year...) Corporation fiscal years are also offset, most in summer or fall.... Check with the IRS for the reasons...