New Hampshire Revised Statutes 12-O:11-b – Division of Travel and Tourism Budget; Meals and Rooms Tax Revenue
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Terms Used In New Hampshire Revised Statutes 12-O:11-b
- 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 budget of the division of travel and tourism, including the travel and tourism development fund established by N.H. Rev. Stat. § 12-O:16, shall be funded at an amount no less than 3.15 percent of the net income identified by N.H. Rev. Stat. § 78-A:26, I for the most recently completed fiscal year.