Default segment that, in most cases, will default as ALL. In Procurement, however, the Budget Year will generally be a fiscal year, allowing for increased flexibility when issuing multiple year purchase orders.
BY) The fiscal years covered by the budget estimate. A budget year spans two calendar years. It begins on October 1 of calendar year one and ends on September 30 of the following calendar year. The federal government uses Budget Year for accounting purposes. (" USAF PPBS Primer", 7th Edition, May 1993) back to the top
The fiscal year for which the Governor is preparing the Executive Budget--in this case, FY2002, which will begin July 1, 2001 and end June 30, 2002.
The fiscal year for which the Governor is preparing the Executive Budget--for example: FY2006 which will begin July 1, 2005 and end June 30, 2006.
Year of budget consideration; in this case, FY 2000.
The year(s) following the current fiscal year (FY), and for which the budget estimate is prepared. For example, if the current FY is FY97, BY(s) would be FY98-99.
Year of budget consideration; in this case, FY 2003.
The next, rather than the current fiscal year, beginning July 1 and ending June 30.
The fiscal year addressed by a proposed budget, beginning July 1 and ending June 30.
Year of budget consideration; in this case, FY 2002.
In glaciology, the one-year period beginning with the start of the accumulation season at the firn line of a glacier or ice cap and extending through the following summer's ablation season.