A twelve-month period for which records are kept, from October 1st to September 30th.
This is the accounting period for the Federal budget. Scenic byway grants are based on the Federal fiscal year (FY). This grant application cycle is for fiscal year (FY) 2006 that begins October 1, 2005 and ends September 30, 2006. A State Transportation Agency might operate on a different fiscal year.
The 12-month period from October 1 through September 30 used by the Federal Government. The fiscal year is designated by the calendar year in which it ends.