When does the federal fiscal year begin?
The federal fiscal year begins on October 1.
Short AnswerOctober 1
Explanation
How Congress WorksFederal law sets the fiscal year from October 1 to September 30. Fiscal year 2027, for example, starts on October 1, 2026.
Source
Other Questions in This Topic
- Who has the power to lay and collect taxes?
- How can money be drawn from the Treasury?
- By when does the law ask the president to submit the annual budget?
- What is a budget resolution?
- Which committees write the bills that fund federal agencies?
- How many regular appropriations bills does Congress usually consider each year?
- What does an authorization bill do?
- What is a continuing resolution?
- What happens when funding for agencies lapses?
- What is mandatory spending?
- What is the debt limit?