Section 37-61-1 - "Fiscal year" and "scholastic year" defined

The 'fiscal year' of all school districts of this state shall commence on July 1 and end on June 30 of each year. The 'scholastic year' of the public schools of this state shall likewise commence on July 1 and end on June 30 of each year.Codes, 1942, § 6534-01; Laws, 1953, Ex Sess, ch. 27, § 1; Laws, 1986, ch. 492, § 190, eff. 7/1/1987.