When Is Fiscal Year 2025. The appropriations process for fiscal year (fy) 2025 has begun, with action in both the house of representatives and the senate. Intuitively, i wanted to say that a fiscal year is named according to the year in which the final day of the fiscal year falls.
The budget continues this commitment and includes $24.5 billion for the tef in 2025, through funds appropriated by the fiscal responsibility act, which is $19.5 billion above. Each fiscal year is further broken down into segments called fiscal periods. continue to reading more about how these.