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Fiscal Year End / Biennium Reporting

When referring to a fiscal year 20XX or biennium 20XX, what period does that mean?

A fiscal year is named for the calendar year in which it ends

  • i.e. Fiscal Year 2020 runs July 2019 - June 2020

A biennium is named for the calendar year in which it starts

  • i.e. Biennium 2019 runs July 2019 - June 2021

There are two fiscal years in each biennium, so Biennium 2019 includes Fiscal Year 2020 and Fiscal Year 2021