5-12-105 - Fiscal year. - Tennessee Statutes

5-12-105. Fiscal year.

(a)  There is hereby created a fiscal year for the counties and for each office, department, institution, activity and agency thereof, which fiscal year shall begin on July 1 of each year and shall end on June 30 next following.

(b)  The fiscal year shall constitute the budget year, and the year for accounting and reporting of each and every fund, office, department, institution, activity and agency of the county government; but the provisions of this subsection (b) shall be in addition to, and not in lieu of, any accounting and reporting now required of any official by general law.

[Acts 1957, ch. 291, § 5; T.C.A., § 5-1205.]