When Is The End Of The Fiscal Year 2024. The annual federal budget process starts with the president submitting a budget proposal to.  — a fiscal year (fy), also known as a budget year, is a period of time used by the government and businesses for accounting purposes to formulate annual financial.

Government fiscal year end on sept. When october 1 (the first day of the fiscal year) falls on a weekend, certain payments that would have ordinarily been made on that day are instead made at the end of september.