Maryland Code, HOUSING AND COMMUNITY DEVELOPMENT 4-913
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Terms Used In Maryland Code, HOUSING AND COMMUNITY DEVELOPMENT 4-913
- 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 include in its request for appropriations for the Program:
(1) an estimate of the interest rates at which Program loans may be made in the next fiscal year;
(2) the total principal amount of Program loans expected to be made at those interest rates in the next fiscal year; and
(3) any other information that the Secretary of Budget and Management requests about Program loans.