New Mexico Statutes 22-25-10. Public school capital improvements fund created
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There is created a “public school capital improvements fund.” Balances in the fund remaining at the end of a fiscal year shall not revert.
Terms Used In New Mexico Statutes 22-25-10
- 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.