Examples of fiscal year in a Sentence
Sales were up in the last fiscal year.
Our fiscal year runs from October 1 to September 30.
Recent Examples of fiscal year from the Web
At ports of entry in the state, fentanyl seizures increased over the past year by 266 percent — from 260 kilograms in fiscal year 2016 to 952 kilograms the next year.
The 2014 plan outlined a four-year capital improvement program and subsequent projects for each fiscal year starting in fiscal year 2015.
Last year, fiscal year 2017, the division delivered $73.3 million in profits to the state, including $29.1 million to the general fund and $42.3 million to cities and counties.
Sales tax revenue could increase by between $10 million and $20 million in the current fiscal year, according to the Independent Fiscal Office, and by between $60 million and $80 million in fiscal year 2018-2019.
The request to fund renovations for the Sears building is part of the bureau's $12.3 spending plan for fiscal year 2018-2019, which also requests 93 new officer positions and replacement of mobile data computers in police cars.
Since 2016, New in 22 has been behind an effort to convince Baltimore County officials to earmark funding in fiscal year 2019 to begin planning and design of a new Towson High that would be completed by 2022.
The two terminals combined to sell $35.9 million in food and beverages in the last fiscal year, an increase of nearly 13 percent from fiscal year 2016, as well as $18.5 million worth of retail merchandise, according to the RFP.
In fiscal year 2017, there was a $4.81 million surplus, which included $1.9 million in the sale of the district's two parcels in Manhattan.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'fiscal year.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of fiscal year
Financial Definition of FISCAL YEAR
What It Is
How It Works
A company's fiscal year will always reflect the date of the calendar year in which it ends. For example: The financial operations of the federal government are carried out in a fiscal year that begins on October 1 and ends on September 30. Therefore the government's fiscal year for 2008 would begin on October 1, 2007 and end on September 30, 2008.
Why It Matters
The key thing to remember is that a fiscal year doesn't necessarily correspond with the calendar year. Although it may not seem like very important, when a company starts its fiscal year can have an impact on its fundamental analysis. This is especially true of cyclical companies.
Consider a retailer that has an incredible first quarter. An investor may look at that company and think it will probably post even higher earnings during the end of the year, during the holiday season. However, if that company started its fiscal year in September, then its first quarter earnings will have already encompassed the higher sales that accompany the holiday shopping season, and the remaining three quarters will most likely be a little lower.
FISCAL YEAR Defined for English Language Learners
Definition of fiscal year for English Language Learners
: a 12-month period used by a government, business, or organization to calculate how much money is being earned, spent, etc.
legal Definition of fiscal year
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Seen and Heard
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