Beginning Of Fiscal Year 2024. Cbo currently projects a deficit of $1.5 trillion for fiscal year 2024, down from $1.7 trillion in fiscal year 2023. The term fy24 refers to fiscal year 2024.
At uci, the fiscal year begins on july 1 and ends on june 30. Five bank failures have occurred since the beginning of march 2023 (four in fiscal year 2023 and one in fiscal year 2024).
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