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Terms Used In Hawaii Revised Statutes 201C-5

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

The department shall report to the governor and the legislature on the revolving fund’s revenues and expenditures for each fiscal year. The report shall be submitted no later than twenty days prior to the convening of each regular session.