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Terms Used In Texas Local Government Code 111.013

  • 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.

An increase from one fiscal year to the next in the amount budgeted for expenses of the county auditor’s office or the salary of an assistant auditor shall not exceed five (5) percent without approval of the commissioners court.