Since fiscal year 1975/76 (the year Michigan chose to have a 15-month fiscal year, July 1, 1975 to September 30, 1976, due to a budget shortfall) the state has had a fiscal year starting October 1st and ending September 30th.
Before that, the fiscal year ran from July 1st to June 30th.
But schools are expected to submit a budget long before they even have an inkling as to what they may be receiving from the state.
Now you would think “back in the day," the fiscal year would have been reduced back three months to offset the previously added three months.
That didn't happen, as we all know. Nope, kick the can down the street and let others deal with the decision, or indecision, to get things back on track.
Guess you can't expect a state known for its "one time quick budget fixes" to operate with a bit of common sense. I wonder how much money the state actually lost after enacting the one time fee for trailer license plates.
"Yeah, you schools need to submit your budgets for the upcoming school year. How much are you getting? We don't know yet, but you still need to submit your operating budgets.”
Ummm yeah, THAT makes sense.
– Russ Davis
Weston Road, Morenci