day of July may be the middle of summer in Alaska, but for many agencies and
the state government, July 1st is the beginning of a new year.
of Fiscal Year 2011 means state agencies have a new budget and funding for the
next 12 months. Many non-profits and other organizations that get a lot of
their funding from the state or municipal sources also ascribe to the July to
June fiscal year.
Kodiak Island Borough and the City of Kodiak
begin their new fiscal year on July 1st as well.
Alaska Legislature meets in Juneau
each January, one its prime task is to establish the budget for the coming
fiscal year. So the fiscal year just starting is the one we heard so much talk
about during and immediately after the legislative session.
who are not used to dealing with the state's 6-month-in-advance fiscal year
have trouble keeping track.
But, it could be worse. The federal
government's Fiscal Year 2011 runs from October 2010 through September 2011.
And, in case you're wondering: Yes,
Kodiak Public Broadcasting Corporation and KMXT begins its new fiscal year
today (July 1st) as well.