What terms are related to fiscal year?

Related terms include: Appropriation, Budget Resolution. Understanding these related concepts helps provide context for fiscal year.

Budget & Spending

Fiscal Year

Definition

The federal government's accounting year, running from October 1 through September 30. FY2026 began on October 1, 2025.

Related Terms

Appropriation

An act of Congress that provides the legal authority for federal agencies to incur obligations and make payments from the Treasury for specified purposes.

Budget Resolution

A concurrent resolution that sets Congress's overall spending and revenue targets for the upcoming fiscal year. Not signed by the President.

More Budget & Spending Terms

Debt Ceiling Government Shutdown Mandatory Spending Discretionary Spending Entitlement Budget Resolution

Common Questions

What is a fiscal year?: The federal government's accounting year, running from October 1 through September 30. FY2026 began on October 1, 2025.
What terms are related to fiscal year?: Related terms include: Appropriation, Budget Resolution. Understanding these related concepts helps provide context for fiscal year.