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    Re: Info on Kollsman 6226-1972-01 bubble, 2 power
    From: Dave Walden
    Date: 2008 Dec 28, 05:28 -0800

    The fiscal year is the accounting period of the federal government. It begins 
    on October 1 and ends on September 30 of the next calendar year. Each fiscal 
    year is identified bythe calendar year in which it ends and commonly is 
    referred to as "FY." 
    Initially, the federal fiscal year coincided with the calendar year. In 1842, 
    President John Tyler signed legislation changing the fiscal year to a July 1 
    to June 30 cycle.  Beginning with FY1977, the Congressional Budget Act of 
    1974 (Section 501 of P.L. 93-344, currently codified at 31 U.S.C. 1102) 
    changed the fiscal year to its current cycle.
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