Md. Code, State Fin. & Proc. § 2-101

Current with changes from the 2024 Legislative Session effective on or before 7/1/2024, from Chs.. 2 through 1049
Section 2-101 - Fiscal year
(a) The fiscal year for the State and its officers and units begins on July 1 of a calendar year and ends on June 30 of the next calendar year.
(b) Each officer and unit of the State government shall use the fiscal year for:
(1) appropriating money;
(2) authorizing expenditures;
(3) keeping records;
(4) balancing books and accounts; and
(5) making reports.

Md. Code, SF § 2-101