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Terms Used In Alaska Statutes 47.07.071

  • 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.

After the end of each fiscal year of a health facility, the facility shall submit to the department a report on the facility’s financial performance during the fiscal year. The commissioner shall, by regulation, establish the date by which this financial report is due.