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The federal government uses a fiscal year from Oct. 1 to Sept. 30, so companies doing a lot of business with the government may adopt a similar fiscal calendar.
In the United States, the federal government's fiscal year is the 12-month period beginning 1 October and ending 30 September the following year. The identification of a fiscal year is the calendar year in which it ends; the current fiscal year is often written as "FY25" or "FY2024-25", which began on 1 October and will end on 30 September.
Bold text indicates a public holiday, on which most government agencies and major businesses are closed. January 16: Religious Freedom Day; 3rd Monday in January: Martin Luther King Jr. Federal Holiday [4] 3rd Sunday in January: National Sanctity of Human Life Day; various March/April: Education and Sharing Day (based on Hebrew calendar)
The federal government spent approximately $600 billion during 2016 on the Cabinet Departments and Agencies, excluding the Department of Defense, up $15 billion or 3% versus 2015. This represented 16% of budgeted expenditures or about 3.3% of GDP. Spending is below the recent dollar peak of $658 billion in 2010. [51]
From Veterans Day to Christmas, here are the dates of the 2024 federal holidays. New Year’s Day: Monday, January 1 Birthday of Martin Luther King, Jr.: Monday, January 15
The federal holiday in King’s honour, which takes place on the third Monday of every January, began shortly after his assassination in 1968, with President Ronald Reagan signing the holiday into ...
The United States federal budget for fiscal year 2024 ran from October 1, 2023, to September 30, 2024.. From October 1, 2023, to March 23, 2024, the federal government operated under continuing resolutions (CR) that extended 2023 budget spending levels as legislators were debating the specific provisions of the 2024 budget.
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