Fiscal Year Start Date

 

A school district or a charter school may choose a fiscal year (FY) from the following two options:   

Starting Date of the Fiscal Year

Ending Date (in the Next Calendar Year)

July 1

June 30

September 1

August 31

 

Related Statutes and Rules 

The following statutes and rules apply to the fiscal year start date:  

  • Texas Education Code, §44.0011, Fiscal Year 
  • Financial Accountability System Resource Guide: 
    • Module 1 Financial Accounting and Reporting (FAR), §1.1.12 Change in Fiscal Year 
    • Module 2 Budgeting, §2.10.2 Change in Fiscal Year 
                                  

Changing the Fiscal Year Start Date 

If a district or charter school decides to change its fiscal year start date, it must file the following items with the Texas Education Agency: 

Instructions on how to submit the form and the minutes are included on the form. 

Submission Deadlines

The district or charter school must file the form and board minutes according to the following schedule:   

To change the FY to begin on:

File the documents one calendar year before the new FY start date, on or before:

July 1

June 30,

September 1

August 31

Subsequent Change

A district or a charter school must submit a new form  and board minutes if it:  

  • submits a form and board minutes and then decides not to change or 
  • decides to change back to its former start date  
 

List of Districts and Charter Schools with a FY Start Date of July 1  

The following lists show all school districts and charter schools that have selected a fiscal year start date of July 1: 

 Districts and Charters with a Fiscal Year Start Date of July 1 (PDF, 36 KB)

 Districts and Charters with a Fiscal Year Start Date of July 1 (Excel, 38 KB)

Contact Information

 For additional information contact:

 Elsa Dominguez (512) 463-7652 elsa.dominguez@tea.state.tx.us


Division of Financial Compliance

Phone: (512) 463-9095

Email: schoolaudits@tea.state.tx.us

 

Page last modified on 10/13/2014 10:40:23 AM.