§ 16-101
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/md/local-government/16-101A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§16–101.
(a)The fiscal year for each county, municipality, or special taxing district begins on July 1 of a calendar year and ends on June 30 of the next calendar year.
(b)Each county, municipality, and special taxing district shall use the fiscal year for:
(1)appropriating money;
(2)authorizing expenditures; and
(3)balancing books and accounts.