When Does Fiscal Year 2024 Start. The federal government uses a fiscal year for its budget. For instance, a fiscal year that runs from april 1, 2023 to march 31, 2024 is called fy24.

In most cases, this means a period of 12 months—beginning, for example, on july 1 of one calendar year and running to june 30 of the next calendar year. Fy 2024 state budget status.